Cogeco（CGO）株式概要コジェコ社はカナダと米国で通信・メディア部門を展開している。 詳細CGO ファンダメンタル分析スノーフレーク・スコア評価5/6将来の成長3/6過去の実績2/6財務の健全性1/6配当金6/6報酬当社が推定した公正価値より93.7%で取引されている 収益は年間28.53%増加すると予測されています 6.09%の高配当で安定した配当金を支払う 同業他社や業界と比較して、良好な取引価格 リスク分析利払いは収益で十分にカバーされない すべてのリスクチェックを見るCGO Community Fair Values Create NarrativeSee what 37 others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair ValueCA$Current PriceCA$64.85100.2% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-31m3b2016201920222025202620282031Revenue CA$2.5bEarnings CA$71.1mAdvancedSet Fair ValueView all narrativesCogeco Inc. 競合他社Cogeco CommunicationsSymbol: TSX:CCAMarket cap: CA$2.7bQuebecorSymbol: TSX:QBR.AMarket cap: CA$14.9bTELUSSymbol: TSX:TMarket cap: CA$27.2bBCESymbol: TSX:BCEMarket cap: CA$31.7b価格と性能株価の高値、安値、推移の概要Cogeco過去の株価現在の株価CA$64.8552週高値CA$77.0452週安値CA$55.19ベータ0.571ヶ月の変化4.08%3ヶ月変化-10.43%1年変化0.37%3年間の変化17.91%5年間の変化-30.46%IPOからの変化686.06%最新ニュースDeclared Dividend • Apr 16Second quarter dividend of CA$0.99 announcedShareholders will receive a dividend of CA$0.99. Ex-date: 23rd April 2026 Payment date: 7th May 2026 Dividend yield will be 6.1%, which is higher than the industry average of 4.7%. Sustainability & Growth Dividend is well covered by both earnings (43% earnings payout ratio) and cash flows (9% cash payout ratio). The dividend has increased by an average of 14% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has remained steady over the last 5 years. Unless this trend deteriorates, it should provide adequate earnings cover for the dividend.Reported Earnings • Apr 12Second quarter 2026 earnings released: EPS: CA$2.00 (vs CA$1.91 in 2Q 2025)Second quarter 2026 results: EPS: CA$2.00 (up from CA$1.91 in 2Q 2025). Revenue: CA$713.0m (down 5.3% from 2Q 2025). Net income: CA$19.0m (up 4.4% from 2Q 2025). Profit margin: 2.7% (up from 2.4% in 2Q 2025). The increase in margin was driven by lower expenses. Revenue is expected to decline by 2.3% p.a. on average during the next 2 years, while revenues in the Telecom industry in Canada are expected to grow by 1.9%. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.New Risk • Apr 10New major risk - Revenue and earnings growthEarnings have declined by 15% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.7x net interest cover). Earnings have declined by 15% per year over the past 5 years.お知らせ • Apr 10+ 1 more updateCogeco Inc. Revises Earnings Guidance for the Fiscal Year 2026Cogeco Inc. revised earnings guidance for the fiscal year 2026. For the year, the company now expects revenue to decrease by 2% to 4% compared to decrease by 1% to 3% in previous guidance.お知らせ • Mar 12Cogeco Inc. to Report Q2, 2026 Results on Apr 09, 2026Cogeco Inc. announced that they will report Q2, 2026 results After-Market on Apr 09, 2026Board Change • Feb 01High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Bernard Lord was the last director to join the board, commencing their role in 2026. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.最新情報をもっと見るRecent updatesDeclared Dividend • Apr 16Second quarter dividend of CA$0.99 announcedShareholders will receive a dividend of CA$0.99. Ex-date: 23rd April 2026 Payment date: 7th May 2026 Dividend yield will be 6.1%, which is higher than the industry average of 4.7%. Sustainability & Growth Dividend is well covered by both earnings (43% earnings payout ratio) and cash flows (9% cash payout ratio). The dividend has increased by an average of 14% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has remained steady over the last 5 years. Unless this trend deteriorates, it should provide adequate earnings cover for the dividend.Reported Earnings • Apr 12Second quarter 2026 earnings released: EPS: CA$2.00 (vs CA$1.91 in 2Q 2025)Second quarter 2026 results: EPS: CA$2.00 (up from CA$1.91 in 2Q 2025). Revenue: CA$713.0m (down 5.3% from 2Q 2025). Net income: CA$19.0m (up 4.4% from 2Q 2025). Profit margin: 2.7% (up from 2.4% in 2Q 2025). The increase in margin was driven by lower expenses. Revenue is expected to decline by 2.3% p.a. on average during the next 2 years, while revenues in the Telecom industry in Canada are expected to grow by 1.9%. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.New Risk • Apr 10New major risk - Revenue and earnings growthEarnings have declined by 15% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.7x net interest cover). Earnings have declined by 15% per year over the past 5 years.お知らせ • Apr 10+ 1 more updateCogeco Inc. Revises Earnings Guidance for the Fiscal Year 2026Cogeco Inc. revised earnings guidance for the fiscal year 2026. For the year, the company now expects revenue to decrease by 2% to 4% compared to decrease by 1% to 3% in previous guidance.お知らせ • Mar 12Cogeco Inc. to Report Q2, 2026 Results on Apr 09, 2026Cogeco Inc. announced that they will report Q2, 2026 results After-Market on Apr 09, 2026Board Change • Feb 01High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Bernard Lord was the last director to join the board, commencing their role in 2026. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Declared Dividend • Jan 22First quarter dividend of CA$0.99 announcedShareholders will receive a dividend of CA$0.99. Ex-date: 28th January 2026 Payment date: 11th February 2026 Dividend yield will be 5.4%, which is higher than the industry average of 4.7%. Sustainability & Growth Dividend is well covered by both earnings (43% earnings payout ratio) and cash flows (8% cash payout ratio). The dividend has increased by an average of 14% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has remained steady over the last 5 years. Unless this trend deteriorates, it should provide adequate earnings cover for the dividend.Price Target Changed • Jan 16Price target increased by 8.8% to CA$93.00Up from CA$85.50, the current price target is an average from 2 analysts. New target price is 30% above last closing price of CA$71.56. Stock is up 33% over the past year. The company posted earnings per share of CA$8.94 last year.Reported Earnings • Jan 15First quarter 2026 earnings released: EPS: CA$2.97 (vs CA$3.13 in 1Q 2025)First quarter 2026 results: EPS: CA$2.97 (down from CA$3.13 in 1Q 2025). Revenue: CA$735.6m (down 3.8% from 1Q 2025). Net income: CA$28.2m (down 5.4% from 1Q 2025). Profit margin: 3.8% (down from 3.9% in 1Q 2025). The decrease in margin was driven by lower revenue. Revenue is expected to decline by 2.8% p.a. on average during the next 2 years, while revenues in the Telecom industry in Canada are expected to grow by 2.1%. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 7% per year.お知らせ • Jan 15Cogeco Inc. Declares A Quarterly DividendAt its January 14, 2026 meeting, the Board of Directors of Cogeco Inc. declared a quarterly dividend of $0.987 per share, an increase of 7.0% compared to $0.922 per share in the comparable quarter of fiscal 2025.お知らせ • Dec 17Cogeco Inc. to Report Q1, 2026 Results on Jan 14, 2026Cogeco Inc. announced that they will report Q1, 2026 results After-Market on Jan 14, 2026お知らせ • Nov 12Cogeco Inc., Annual General Meeting, Jan 15, 2026Cogeco Inc., Annual General Meeting, Jan 15, 2026. Location: quebec, montreal CanadaRecent Insider Transactions Derivative • Nov 07Chief Financial Officer exercised options to buy CA$141k worth of stock.On the 31st of October, Patrice Ouimet exercised options to buy 2k shares at a strike price of around CA$58.98, costing a total of CA$136k. This transaction amounted to 22% of their direct individual holding at the time of the trade. Since December 2024, Patrice has owned 10.35k shares directly. Company insiders have collectively bought CA$391k more than they sold, via options and on-market transactions, in the last 12 months.分析記事 • Nov 07Cogeco's (TSE:CGO) Shareholders Will Receive A Bigger Dividend Than Last YearCogeco Inc. ( TSE:CGO ) will increase its dividend from last year's comparable payment on the 26th of November to...Declared Dividend • Nov 06Fourth quarter dividend of CA$0.99 announcedShareholders will receive a dividend of CA$0.99. Ex-date: 12th November 2025 Payment date: 26th November 2025 Dividend yield will be 6.2%, which is higher than the industry average of 4.7%. Sustainability & Growth Dividend is well covered by both earnings (41% earnings payout ratio) and cash flows (7% cash payout ratio). The dividend has increased by an average of 14% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 2.1% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Reported Earnings • Oct 31Full year 2025 earnings released: EPS: CA$8.94 (vs CA$8.63 in FY 2024)Full year 2025 results: EPS: CA$8.94. Revenue: CA$3.01b (down 2.1% from FY 2024). Net income: CA$85.0m (down 12% from FY 2024). Profit margin: 2.8% (down from 3.1% in FY 2024). The decrease in margin was driven by lower revenue. Revenue is expected to decline by 2.3% p.a. on average during the next 2 years, while revenues in the Telecom industry in Canada are expected to grow by 2.3%.お知らせ • Oct 31+ 2 more updatesCogeco Inc. Provides Earnings Guidance for the Fiscal Year 2026Cogeco Inc. provided earnings guidance for the fiscal year 2026. For the year, the company expects revenue to decrease by 1% to 3%, resulting mostly from a growing Internet subscriber base, a decline in video and wireline phone subscriptions, as well as a competitive pricing environment.お知らせ • Sep 25Cogeco Inc. to Report Q4, 2025 Results on Oct 29, 2025Cogeco Inc. announced that they will report Q4, 2025 results After-Market on Oct 29, 2025Declared Dividend • Jul 21Third quarter dividend of CA$0.92 announcedShareholders will receive a dividend of CA$0.92. Ex-date: 29th July 2025 Payment date: 12th August 2025 Dividend yield will be 6.0%, which is higher than the industry average of 4.7%. Sustainability & Growth Dividend is well covered by both earnings (39% earnings payout ratio) and cash flows (6% cash payout ratio). The dividend has increased by an average of 14% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 3.0% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.分析記事 • Jul 17Cogeco (TSE:CGO) Has A Somewhat Strained Balance SheetHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Reported Earnings • Jul 16Third quarter 2025 earnings released: EPS: CA$2.16 (vs CA$1.99 in 3Q 2024)Third quarter 2025 results: EPS: CA$2.16 (up from CA$1.99 in 3Q 2024). Revenue: CA$758.5m (down 2.4% from 3Q 2024). Net income: CA$20.5m (up 8.1% from 3Q 2024). Profit margin: 2.7% (up from 2.4% in 3Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to stay flat during the next 3 years compared to a 2.0% growth forecast for the Telecom industry in Canada. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has fallen by 3% per year.お知らせ • Jul 16+ 1 more updateCogeco Inc. Declares Quarterly Eligible DividendAt its July 15, 2025 meeting, the Board of Directors of Cogeco declared a quarterly eligible dividend of $0.922 per share, an increase of 8.0% compared to $0.854 per share in the comparable quarter of fiscal 2024.お知らせ • Jun 19Cogeco Inc. to Report Q3, 2025 Results on Jul 15, 2025Cogeco Inc. announced that they will report Q3, 2025 results After-Market on Jul 15, 2025Declared Dividend • Apr 14Second quarter dividend of CA$0.92 announcedShareholders will receive a dividend of CA$0.92. Ex-date: 23rd April 2025 Payment date: 7th May 2025 Dividend yield will be 6.1%, which is higher than the industry average of 4.7%. Sustainability & Growth Dividend is well covered by both earnings (39% earnings payout ratio) and cash flows (11% cash payout ratio). The dividend has increased by an average of 15% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 15% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.New Risk • Apr 13New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 2.8x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. This is currently the only risk that has been identified for the company.Reported Earnings • Apr 10Second quarter 2025 earnings released: EPS: CA$1.91 (vs CA$2.32 in 2Q 2024)Second quarter 2025 results: EPS: CA$1.91 (down from CA$2.32 in 2Q 2024). Revenue: CA$753.2m (flat on 2Q 2024). Net income: CA$18.2m (down 24% from 2Q 2024). Profit margin: 2.4% (down from 3.2% in 2Q 2024). Revenue is forecast to stay flat during the next 3 years compared to a 2.3% growth forecast for the Telecom industry in Canada. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has fallen by 12% per year, which means it is performing significantly worse than earnings.お知らせ • Apr 10Cogeco Inc. Declares Quarterly Eligible DividendAt its April 9, 2025 meeting, the Board of Directors of Cogeco Inc. declared a quarterly eligible dividend of $0.922 per share, an increase of 8.0% compared to $0.854 per share in the comparable quarter of fiscal 2024.お知らせ • Mar 12Cogeco Inc. to Report Q2, 2025 Results on Apr 09, 2025Cogeco Inc. announced that they will report Q2, 2025 results After-Market on Apr 09, 2025Declared Dividend • Jan 17First quarter dividend of CA$0.92 announcedShareholders will receive a dividend of CA$0.92. Ex-date: 27th January 2025 Payment date: 10th February 2025 Dividend yield will be 6.6%, which is higher than the industry average of 4.7%. Sustainability & Growth Dividend is well covered by both earnings (37% earnings payout ratio) and cash flows (12% cash payout ratio). The dividend has increased by an average of 15% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 18% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.分析記事 • Jan 16Cogeco (TSE:CGO) Seems To Be Using A Lot Of DebtHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...New Risk • Jan 15New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 2.9x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. This is currently the only risk that has been identified for the company.Reported Earnings • Jan 14First quarter 2025 earnings released: EPS: CA$3.13 (vs CA$2.23 in 1Q 2024)First quarter 2025 results: EPS: CA$3.13. Revenue: CA$765.0m (down 1.4% from 1Q 2024). Net income: CA$29.8m (down 14% from 1Q 2024). Profit margin: 3.9% (down from 4.5% in 1Q 2024). Revenue is forecast to stay flat during the next 2 years compared to a 2.3% growth forecast for the Telecom industry in Canada.お知らせ • Dec 17Cogeco Inc. to Report Q1, 2025 Results on Jan 13, 2025Cogeco Inc. announced that they will report Q1, 2025 results After-Market on Jan 13, 2025Recent Insider Transactions Derivative • Nov 21Chief Financial Officer exercised options to buy CA$53k worth of stock.On the 15th of November, Patrice Ouimet exercised 1.98k options to receive shares at no cost, then sold around 1.09k of them at CA$59.53 each and kept the remainder. Since December 2023, Patrice has owned 9.46k shares directly. Company insiders have collectively bought CA$73k more than they sold, via options and on-market transactions, in the last 12 months.お知らせ • Nov 11Cogeco Inc., Annual General Meeting, Jan 14, 2025Cogeco Inc., Annual General Meeting, Jan 14, 2025. Location: quebec, montreal Canada分析記事 • Nov 08We Like The Quality Of Cogeco's (TSE:CGO) EarningsCogeco Inc.'s ( TSE:CGO ) solid earnings announcement recently didn't do much to the stock price. Our analysis suggests...Declared Dividend • Nov 07Fourth quarter dividend of CA$0.92 announcedShareholders will receive a dividend of CA$0.92. Ex-date: 14th November 2024 Payment date: 28th November 2024 Dividend yield will be 5.7%, which is higher than the industry average of 4.7%. Sustainability & Growth Dividend is well covered by both earnings (40% earnings payout ratio) and cash flows (11% cash payout ratio). The dividend has increased by an average of 15% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 19% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Price Target Changed • Nov 04Price target increased by 8.2% to CA$85.50Up from CA$79.00, the current price target is an average from 2 analysts. New target price is 39% above last closing price of CA$61.68. Stock is up 29% over the past year. The company posted earnings per share of CA$8.63 last year.Reported Earnings • Nov 02Full year 2024 earnings released: EPS: CA$8.63 (vs CA$4.54 in FY 2023)Full year 2024 results: EPS: CA$8.63 (up from CA$4.54 in FY 2023). Revenue: CA$3.07b (flat on FY 2023). Net income: CA$96.7m (up 37% from FY 2023). Profit margin: 3.1% (up from 2.3% in FY 2023). Revenue is forecast to stay flat during the next 2 years compared to a 2.3% growth forecast for the Telecom industry in Canada. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.Price Target Changed • Oct 24Price target increased by 11% to CA$84.00Up from CA$76.00, the current price target is an average from 2 analysts. New target price is 36% above last closing price of CA$61.94. Stock is up 31% over the past year. The company posted earnings per share of CA$4.53 last year.お知らせ • Sep 17Cogeco Inc. to Report Q4, 2024 Results on Oct 31, 2024Cogeco Inc. announced that they will report Q4, 2024 results After-Market on Oct 31, 2024お知らせ • Sep 03Cogeco Welcomes Mike Henry as Chief Commercial OfficerCogeco Inc. and Cogeco Communications Inc. announced the arrival of Mike Henry, who joined the organization as Chief Commercial Officer on Monday, August 26, 2024. He will be responsible for leading the sales and marketing, digital, brand, product and community relations teams of Cogeco's telecommunications business across Canada and the United States. Henry brings 30 years of leadership experience from the financial sector, where he has led pivotal transformations and overseen value creation, while keeping customer experience at the forefront of the organizations he has served. Henry most recently held the position of Executive Vice-President, Consumer Banking, Digital and Strategy at Home Trust. He previously held multiple executive roles at Scotiabank, acting as Executive Vice-President and Chief Data Officer. Henry holds an MBA from the Schulich School of Business at York University, and has completed leadership programs at both Harvard Business School and Duke University. He also holds the ICD.D designation from the Institute of Corporate Directors.分析記事 • Jul 18Cogeco (TSE:CGO) Seems To Be Using A Lot Of DebtWarren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...Declared Dividend • Jul 17Third quarter dividend of CA$0.85 announcedShareholders will receive a dividend of CA$0.85. Ex-date: 25th July 2024 Payment date: 8th August 2024 Dividend yield will be 6.4%, which is higher than the industry average of 4.7%. Sustainability & Growth Dividend is well covered by both earnings (39% earnings payout ratio) and cash flows (14% cash payout ratio). The dividend has increased by an average of 15% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 23% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Reported Earnings • Jul 12Third quarter 2024 earnings released: EPS: CA$1.99 (vs CA$2.22 loss in 3Q 2023)Third quarter 2024 results: EPS: CA$1.99 (up from CA$2.22 loss in 3Q 2023). Revenue: CA$777.2m (up 1.3% from 3Q 2023). Net income: CA$19.0m (up CA$53.4m from 3Q 2023). Profit margin: 2.4% (up from net loss in 3Q 2023). The move to profitability was primarily driven by lower expenses. Revenue is forecast to stay flat during the next 2 years compared to a 2.3% growth forecast for the Telecom industry in Canada. Over the last 3 years on average, earnings per share has fallen by 20% per year and the company’s share price has also fallen by 20% per year.お知らせ • Jun 06Cogeco Inc. to Report Q3, 2024 Results on Jul 11, 2024Cogeco Inc. announced that they will report Q3, 2024 results After-Market on Jul 11, 2024Declared Dividend • Apr 23Second quarter dividend of CA$0.85 announcedShareholders will receive a dividend of CA$0.85. Ex-date: 24th April 2024 Payment date: 9th May 2024 Dividend yield will be 6.1%, which is higher than the industry average of 4.7%. Sustainability & Growth Dividend is covered by both earnings (85% earnings payout ratio) and cash flows (12% cash payout ratio). The dividend has increased by an average of 16% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to decline by 6.1% to shift the payout ratio to a potentially unsustainable range, which is more than the 4.9% EPS decline seen over the last 5 years.お知らせ • Apr 13Cogeco Inc. Declares Quarterly DividendCogeco Inc. declared a quarterly eligible dividend of $0.854 per share, an increase of 16.8% compared to $0.731 per share in the comparable quarter of fiscal 2023.Reported Earnings • Apr 12Second quarter 2024 earnings released: EPS: CA$2.32 (vs CA$2.17 in 2Q 2023)Second quarter 2024 results: EPS: CA$2.32. Revenue: CA$751.9m (flat on 2Q 2023). Net income: CA$24.0m (down 29% from 2Q 2023). Profit margin: 3.2% (down from 4.5% in 2Q 2023). Revenue is forecast to grow 1.1% p.a. on average during the next 2 years, compared to a 2.6% growth forecast for the Telecom industry in Canada.お知らせ • Mar 20Cogeco Inc. to Report Q2, 2024 Results on Apr 11, 2024Cogeco Inc. announced that they will report Q2, 2024 results After-Market on Apr 11, 2024お知らせ • Mar 12Cogeco Inc. and Cogeco Communications Inc. Announce Chief Executive Officer ChangesThe Boards of Directors of Cogeco Inc. and of Cogeco Communications Inc. announced that they have appointed Frédéric Perron as Chief Executive Officer of both Companies, effective immediately, succeeding Philippe Jetté who is retiring. Mr. Perron previously held the position of President of Cogeco Connexion, Cogeco's Canadian broadband business. This appointment follows a thorough Board-led succession planning process. To facilitate a seamless transition in leadership, Mr. Jetté will serve as a strategic advisor to the incoming CEO and Boards of Directors until August 31, 2024. Since joining Cogeco in September 2020, Mr. Perron successfully repositioned Cogeco's Canadian broadband business by building a high-performing team, step-changing execution, accelerating customer growth, completing three important acquisitions, scaling a digital flanker brand and expanding Cogeco's high speed network. Prior to joining Cogeco, Mr. Perron led T-Mobile's consumer business in Poland, held executive roles at Vodafone in the United Kingdom and the Czech Republic, and ran customer base management at Rogers Communications. He has a proven track record as a change agent with broad experience in broadband, wireless and the credit card industry across five countries leading marketing, sales, customer service, operations, digital, product, network, IT, and legal.お知らせ • Mar 11Cogeco Inc. and Cogeco Communications Inc. Announce Management ChangesThe Boards of Directors of Cogeco Inc. and of Cogeco Communications Inc. announced that they have appointed Frédéric Perron as President and Director of both Companies, effective immediately, succeeding Philippe Jetté who is retiring. Mr. Perron previously held the position of President of Cogeco Connexion, Cogeco's Canadian broadband business. This appointment follows a thorough Board-led succession planning process. To facilitate a seamless transition in leadership, Mr. Jetté will serve as a strategic advisor to the incoming CEO and Boards of Directors until August 31, 2024. Since joining Cogeco in September 2020, Mr. Perron successfully repositioned Cogeco's Canadian broadband business by building a high-performing team, step-changing execution, accelerating customer growth, completing three important acquisitions, scaling a digital flanker brand and expanding Cogeco's high speed network. Prior to joining Cogeco, Mr. Perron led T-Mobile's consumer business in Poland, held executive roles at Vodafone in the United Kingdom and the Czech Republic, and ran customer base management at Rogers Communications. He has a proven track record as a change agent with broad experience in broadband, wireless and the credit card industry across five countries leading marketing, sales, customer service, operations, digital, product, network, IT, and legal. Mr. Jetté will step down as a director of both companies, effective March 11, 2024.Upcoming Dividend • Jan 16Upcoming dividend of CA$0.85 per share at 5.8% yieldEligible shareholders must have bought the stock before 23 January 2024. Payment date: 07 February 2024. Payout ratio is on the higher end at 75%, however this is supported by cash flows. Trailing yield: 5.8%. Lower than top quartile of Canadian dividend payers (6.4%). Lower than average of industry peers (6.6%).お知らせ • Jan 13Cogeco Inc. Elects Robin Bienenstock as DirectorCogeco Inc. announced Robin Bienenstock elected as director of Cogeco during its Annual Shareholders' Meeting held virtually on January 11, 2024.Reported Earnings • Jan 11First quarter 2024 earnings released: EPS: CA$2.23 (vs CA$2.68 in 1Q 2023)First quarter 2024 results: EPS: CA$2.23 (down from CA$2.68 in 1Q 2023). Revenue: CA$776.2m (down 1.7% from 1Q 2023). Net income: CA$34.5m (down 18% from 1Q 2023). Profit margin: 4.5% (down from 5.3% in 1Q 2023). Revenue is forecast to stay flat during the next 2 years compared to a 3.3% growth forecast for the Telecom industry in Canada. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.お知らせ • Jan 11Cogeco Declares a Quarterly Eligible DividendAt its January 10, 2024 meeting, the Board of Directors of Cogeco declared a quarterly eligible dividend of $0.854 per share, an increase of 16.8% compared to $0.731 per share in the comparable quarter of fiscal 2023.お知らせ • Dec 15Cogeco Inc. to Report Q1, 2024 Results on Jan 11, 2024Cogeco Inc. announced that they will report Q1, 2024 results After-Market on Jan 11, 2024Price Target Changed • Dec 13Price target increased by 14% to CA$81.50Up from CA$71.50, the current price target is an average from 2 analysts. New target price is 50% above last closing price of CA$54.19. Stock is down 11% over the past year. The company posted earnings per share of CA$4.53 last year.お知らせ • Dec 12Cogeco Inc. (TSX:CGO) announces an Equity Buyback for 5,969,360 shares, representing 38.2% for CAD 280.02 million.Cogeco Inc. (TSX:CGO) announces a share repurchase program. Under the program, the company will repurchase up to 5,969,360 shares, representing 38.2% for CAD 280.02 million. The shares will be repurchased at a price not more than CAD 46.91 per share. The company will fund CAD 117 million in proceeds resulting from a repurchase for cancellation by Cogeco Communications from Cogeco of CCA SVS at the CCA SVS Price, CAD 73 million will be funded from a sale by Cogeco to CDPQ of CCA SVS at the CCA SVS Price and from its term loan and credit facilities. The shares will be repurchased from Caisse de dépôt et placement du Québec.分析記事 • Dec 07We Think Cogeco (TSE:CGO) Is Taking Some Risk With Its DebtDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Recent Insider Transactions Derivative • Nov 16President exercised options to buy CA$107k worth of stock.On the 9th of November, Philippe Jette exercised 5.18k options to receive shares at no cost, then sold around 2.85k of them at CA$80.34 each and kept the remainder. Since December 2022, Philippe has owned 12.38k shares directly. Company insiders have collectively bought CA$655k more than they sold, via options and on-market transactions, in the last 12 months.分析記事 • Nov 08Investors Can Find Comfort In Cogeco's (TSE:CGO) Earnings QualityShareholders appeared unconcerned with Cogeco Inc.'s ( TSE:CGO ) lackluster earnings report last week. Our analysis...Upcoming Dividend • Nov 07Upcoming dividend of CA$0.85 per share at 6.1% yieldEligible shareholders must have bought the stock before 14 November 2023. Payment date: 29 November 2023. Payout ratio is a comfortable 64% and this is well supported by cash flows. Trailing yield: 6.1%. Lower than top quartile of Canadian dividend payers (6.5%). Lower than average of industry peers (6.9%).分析記事 • Nov 06Cogeco (TSE:CGO) Is Paying Out A Larger Dividend Than Last YearCogeco Inc.'s ( TSE:CGO ) periodic dividend will be increasing on the 29th of November to CA$0.854, with investors...Price Target Changed • Nov 05Price target decreased by 9.2% to CA$74.00Down from CA$81.50, the current price target is an average from 2 analysts. New target price is 52% above last closing price of CA$48.60. Stock is down 12% over the past year. The company posted earnings per share of CA$4.53 last year.お知らせ • Nov 04Cogeco Inc., Annual General Meeting, Jan 11, 2024Cogeco Inc., Annual General Meeting, Jan 11, 2024.Reported Earnings • Nov 02Full year 2023 earnings released: EPS: CA$4.53 (vs CA$9.43 in FY 2022)Full year 2023 results: EPS: CA$4.53 (down from CA$9.43 in FY 2022). Revenue: CA$3.08b (up 2.9% from FY 2022). Net income: CA$70.6m (down 53% from FY 2022). Profit margin: 2.3% (down from 5.0% in FY 2022). Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has fallen by 15% per year, which means it is performing significantly worse than earnings.お知らせ • Nov 02Cogeco Inc. Declares Quarterly DividendCogeco Inc. at its November 1, 2023 meeting, the Board of Directors of the company declared a quarterly eligible dividend of $0.854 per share, an increase of 16.8% compared to $0.731 per share last year. With this increase, the dividends per share of the Corporation and Cogeco Communications are now fully aligned.お知らせ • Sep 29Cogeco Inc. to Report Q4, 2023 Results on Nov 01, 2023Cogeco Inc. announced that they will report Q4, 2023 results After-Market on Nov 01, 2023お知らせ • Sep 19Cogeco Inc. and Cogeco Communications Inc. Appoints Valery Zamuner as Senior Vice-President and Chief Corporate Affairs and Legal OfficerCogeco Inc. and Cogeco Communications Inc. announced the appointment of Valery Zamuner as Senior Vice-President and Chief Corporate Affairs and Legal Officer, effective September 18, 2023. She will be based at the company's head office in Montreal. Ms. Zamuner is a seasoned executive with outstanding experience in sectors ranging from financial and professional services to media and retail. During her career, she has held positions with ever-increasing responsibility, led key legal functions, piloted landmark mergers and acquisitions, and helped shape the strategies of the companies she has worked for. Her most recent roles include Senior Vice-President, General Counsel and Corporate Secretary for Alimentation Couche-Tard, and Senior Vice-President of Mergers, Acquisitions Strategic Initiatives for Stingray Inc. Ms. Zamuner will lead the Corporate Affairs teams as well as the Legal, Regulatory and Government teams; this will bring together the various fields of expertise related to its key interactions with external stakeholders. Ms. Zamuner holds a law degree from Universite Laval and an MBA from Concordia University. She is a member of the Quebec Bar.お知らせ • Sep 08Cogeco Inc. and Cogeco Communications Inc. Announces Appointment of Tim Dinesen as Senior Vice-President and Chief Technology OfficerCogeco Inc. and Cogeco Communications Inc. announced the appointment of Tim Dinesen as Senior Vice-President and Chief Technology Officer, effective September 11, 2023. He will be based at the head office in Montreal. Until recently, in addition to his consulting work, he has held management roles at Xplornet, Canadian Tire and Bell Canada, among others. During his career, he has acquired extensive experience of broadband networks, information technologies, mobility and customer operations in Canada and the United States. Mr. Dinesen holds a PhD in Chemical Physics from McGill University and an MBA from Queen's University.New Risk • Jul 15New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 20% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (20% operating cash flow to total debt). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.5% net profit margin).Reported Earnings • Jul 14Third quarter 2023 earnings released: CA$2.22 loss per share (vs CA$2.38 profit in 3Q 2022)Third quarter 2023 results: CA$2.22 loss per share (down from CA$2.38 profit in 3Q 2022). Revenue: CA$767.6m (up 1.7% from 3Q 2022). Net loss: CA$34.5m (down 192% from profit in 3Q 2022). Revenue is forecast to grow 1.4% p.a. on average during the next 2 years, compared to a 1.6% growth forecast for the Media industry in Canada. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 15% per year, which means it is performing significantly worse than earnings.お知らせ • Jul 14+ 1 more updateCogeco Inc. Declares Quarterly DividendCogeco Inc. announced that at its July 13, 2023 meeting, the Board of Directors declared a quarterly eligible dividend of CAD 0.731 per share, an increase of 17% compared to CAD 0.625 per share in the comparable quarter of fiscal 2022.お知らせ • Jun 09Cogeco Inc. to Report Q3, 2023 Results on Jul 13, 2023Cogeco Inc. announced that they will report Q3, 2023 results at 4:00 PM, US Eastern Standard Time on Jul 13, 2023Price Target Changed • May 05Price target decreased by 17% to CA$84.50Down from CA$102, the current price target is an average from 2 analysts. New target price is 55% above last closing price of CA$54.44. Stock is down 23% over the past year. The company posted earnings per share of CA$9.43 last year.Upcoming Dividend • Apr 19Upcoming dividend of CA$0.73 per share at 5.1% yieldEligible shareholders must have bought the stock before 26 April 2023. Payment date: 11 May 2023. Payout ratio is a comfortable 28% and this is well supported by cash flows. Trailing yield: 5.1%. Lower than top quartile of Canadian dividend payers (6.1%). Higher than average of industry peers (3.4%).Reported Earnings • Apr 14Second quarter 2023 earnings released: EPS: CA$2.17 (vs CA$2.30 in 2Q 2022)Second quarter 2023 results: EPS: CA$2.17 (down from CA$2.30 in 2Q 2022). Revenue: CA$757.2m (up 1.2% from 2Q 2022). Net income: CA$33.8m (down 7.8% from 2Q 2022). Profit margin: 4.5% (down from 4.9% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.1% p.a. on average during the next 2 years, compared to a 2.8% growth forecast for the Media industry in Canada. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.分析記事 • Apr 01We Think Cogeco (TSE:CGO) Is Taking Some Risk With Its DebtWarren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...Board Change • Feb 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 6 experienced directors. 2 highly experienced directors. Director Caroline Papadatos was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Valuation Update With 7 Day Price Move • Jan 19Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to CA$57.63, the stock trades at a trailing P/E ratio of 5.9x. Average forward P/E is 9x in the Media industry in Canada. Total loss to shareholders of 33% over the past three years.お知らせ • Jan 17Cogeco Inc. Approves Election of Caroline Papadatos as DirectorCogeco Inc. at its AGM held on January 13, 2023 approved election of Caroline Papadatos as director.Reported Earnings • Jan 14First quarter 2023 earnings released: EPS: CA$2.68 (vs CA$2.42 in 1Q 2022)First quarter 2023 results: EPS: CA$2.68 (up from CA$2.42 in 1Q 2022). Revenue: CA$789.7m (up 6.0% from 1Q 2022). Net income: CA$42.1m (up 9.2% from 1Q 2022). Profit margin: 5.3% (up from 5.2% in 1Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.お知らせ • Jan 13+ 1 more updateCogeco Inc. Declares Quarterly DividendAt its January 12, 2023 meeting, the Board of Directors of Cogeco Inc. declared a quarterly eligible dividend of $0.731 per share, an increase of 17% compared to $0.625 per share in the comparable quarter of fiscal 2022.お知らせ • Dec 02+ 1 more updateCogeco Inc. to Report Q1, 2023 Results on Jan 12, 2023Cogeco Inc. announced that they will report Q1, 2023 results at 4:00 PM, US Eastern Standard Time on Jan 12, 2023Board Change • Nov 16Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 3 highly experienced directors. Independent Director Patricia Curadeau-Grou was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.お知らせ • Nov 05Cogeco Inc., Annual General Meeting, Jan 13, 2023Cogeco Inc., Annual General Meeting, Jan 13, 2023.お知らせ • Oct 29+ 1 more updateCogeco Inc. Declares Quarterly Eligible DividendCogeco Inc. announced at its October 27, 2022 meeting, the board of directors of the company declared a quarterly eligible dividend of $0.731 per share, an increase of 17% compared to $0.625 per share a year ago.Reported Earnings • Oct 28Full year 2022 earnings releasedFull year 2022 results: Revenue: CA$3.00b (up 15% from FY 2021). Net income: CA$149.1m (up 5.1% from FY 2021). Profit margin: 5.0% (down from 5.4% in FY 2021). The decrease in margin was driven by higher expenses.Price Target Changed • Oct 26Price target decreased to CA$103Down from CA$111, the current price target is an average from 3 analysts. New target price is 88% above last closing price of CA$54.84. Stock is down 34% over the past year. The company posted earnings per share of CA$8.92 last year.Price Target Changed • Oct 13Price target decreased to CA$110Down from CA$119, the current price target is an average from 3 analysts. New target price is 101% above last closing price of CA$54.57. Stock is down 37% over the past year. The company posted earnings per share of CA$8.92 last year.株主還元CGOCA TelecomCA 市場7D4.8%3.0%1.6%1Y0.4%4.0%32.9%株主還元を見る業界別リターン: CGO過去 1 年間で4 % の収益を上げたCanadian Telecom業界を下回りました。リターン対市場: CGOは、過去 1 年間で32.9 % のリターンを上げたCanadian市場を下回りました。価格変動Is CGO's price volatile compared to industry and market?CGO volatilityCGO Average Weekly Movement4.0%Telecom Industry Average Movement4.0%Market Average Movement10.2%10% most volatile stocks in CA Market17.8%10% least volatile stocks in CA Market3.9%安定した株価: CGO 、 Canadian市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: CGOの 週次ボラティリティ ( 4% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト1957n/aFred Perroncorpo.cogeco.com/cgoコジェコ社はカナダと米国で通信・メディア部門を展開している。カナダ・テレコミュニケーションとアメリカン・テレコミュニケーションズの2つのセグメントで事業を展開している。ケベック州とオンタリオ州では「Cogeco Connexion」、米国では「Breezeline」のブランド名で、主に一般家庭向けに高度な光ファイバーと双方向通信配信ネットワークを通じて、インターネット、ビデオ、電話の各種サービスを提供しているほか、ビジネス向けサービスも提供している。専用光ファイバー、セッション開始プロトコル、プライマリー・レート・インターフェイス、トランキング・ソリューション、ホステッド・プライベート・ブランチ・エクスチェンジ・ソリューションなどの高度なネットワーク接続サービスや、マネージド・ビジネスWi-Fiを提供している。さらに、主にケベック州全域の視聴者に向けて、補完的なラジオフォーマットと放送範囲を持つ21のラジオ局、および通信社のコジェコ・ニュースを所有・運営している。インターネット、ビデオ、電話など主要なサービス部門にサービスを提供している。同社は1957年に設立され、カナダのモントリオールに本社を置いている。Cogeco Inc.はGestion Audem Inc.の子会社として運営されている。もっと見るCogeco Inc. 基礎のまとめCogeco の収益と売上を時価総額と比較するとどうか。CGO 基礎統計学時価総額CA$614.15m収益（TTM）CA$84.16m売上高(TTM)CA$2.94b7.3xPER（株価収益率0.2xP/SレシオCGO は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計CGO 損益計算書（TTM）収益CA$2.94b売上原価CA$1.51b売上総利益CA$1.42bその他の費用CA$1.34b収益CA$84.16m直近の収益報告Feb 28, 2026次回決算日該当なし一株当たり利益（EPS）8.89グロス・マージン48.45%純利益率2.86%有利子負債／自己資本比率126.3%CGO の長期的なパフォーマンスは？過去の実績と比較を見る配当金6.1%現在の配当利回り43%配当性向View Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/25 02:41終値2026/05/22 00:00収益2026/02/28年間収益2025/08/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Cogeco Inc. 2 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。6 アナリスト機関Phillip HuangBarclaysGlen CampbellBofA Global ResearchStephanie PriceCIBC Capital Markets3 その他のアナリストを表示
Declared Dividend • Apr 16Second quarter dividend of CA$0.99 announcedShareholders will receive a dividend of CA$0.99. Ex-date: 23rd April 2026 Payment date: 7th May 2026 Dividend yield will be 6.1%, which is higher than the industry average of 4.7%. Sustainability & Growth Dividend is well covered by both earnings (43% earnings payout ratio) and cash flows (9% cash payout ratio). The dividend has increased by an average of 14% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has remained steady over the last 5 years. Unless this trend deteriorates, it should provide adequate earnings cover for the dividend.
Reported Earnings • Apr 12Second quarter 2026 earnings released: EPS: CA$2.00 (vs CA$1.91 in 2Q 2025)Second quarter 2026 results: EPS: CA$2.00 (up from CA$1.91 in 2Q 2025). Revenue: CA$713.0m (down 5.3% from 2Q 2025). Net income: CA$19.0m (up 4.4% from 2Q 2025). Profit margin: 2.7% (up from 2.4% in 2Q 2025). The increase in margin was driven by lower expenses. Revenue is expected to decline by 2.3% p.a. on average during the next 2 years, while revenues in the Telecom industry in Canada are expected to grow by 1.9%. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
New Risk • Apr 10New major risk - Revenue and earnings growthEarnings have declined by 15% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.7x net interest cover). Earnings have declined by 15% per year over the past 5 years.
お知らせ • Apr 10+ 1 more updateCogeco Inc. Revises Earnings Guidance for the Fiscal Year 2026Cogeco Inc. revised earnings guidance for the fiscal year 2026. For the year, the company now expects revenue to decrease by 2% to 4% compared to decrease by 1% to 3% in previous guidance.
お知らせ • Mar 12Cogeco Inc. to Report Q2, 2026 Results on Apr 09, 2026Cogeco Inc. announced that they will report Q2, 2026 results After-Market on Apr 09, 2026
Board Change • Feb 01High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Bernard Lord was the last director to join the board, commencing their role in 2026. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Declared Dividend • Apr 16Second quarter dividend of CA$0.99 announcedShareholders will receive a dividend of CA$0.99. Ex-date: 23rd April 2026 Payment date: 7th May 2026 Dividend yield will be 6.1%, which is higher than the industry average of 4.7%. Sustainability & Growth Dividend is well covered by both earnings (43% earnings payout ratio) and cash flows (9% cash payout ratio). The dividend has increased by an average of 14% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has remained steady over the last 5 years. Unless this trend deteriorates, it should provide adequate earnings cover for the dividend.
Reported Earnings • Apr 12Second quarter 2026 earnings released: EPS: CA$2.00 (vs CA$1.91 in 2Q 2025)Second quarter 2026 results: EPS: CA$2.00 (up from CA$1.91 in 2Q 2025). Revenue: CA$713.0m (down 5.3% from 2Q 2025). Net income: CA$19.0m (up 4.4% from 2Q 2025). Profit margin: 2.7% (up from 2.4% in 2Q 2025). The increase in margin was driven by lower expenses. Revenue is expected to decline by 2.3% p.a. on average during the next 2 years, while revenues in the Telecom industry in Canada are expected to grow by 1.9%. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
New Risk • Apr 10New major risk - Revenue and earnings growthEarnings have declined by 15% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.7x net interest cover). Earnings have declined by 15% per year over the past 5 years.
お知らせ • Apr 10+ 1 more updateCogeco Inc. Revises Earnings Guidance for the Fiscal Year 2026Cogeco Inc. revised earnings guidance for the fiscal year 2026. For the year, the company now expects revenue to decrease by 2% to 4% compared to decrease by 1% to 3% in previous guidance.
お知らせ • Mar 12Cogeco Inc. to Report Q2, 2026 Results on Apr 09, 2026Cogeco Inc. announced that they will report Q2, 2026 results After-Market on Apr 09, 2026
Board Change • Feb 01High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Bernard Lord was the last director to join the board, commencing their role in 2026. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Declared Dividend • Jan 22First quarter dividend of CA$0.99 announcedShareholders will receive a dividend of CA$0.99. Ex-date: 28th January 2026 Payment date: 11th February 2026 Dividend yield will be 5.4%, which is higher than the industry average of 4.7%. Sustainability & Growth Dividend is well covered by both earnings (43% earnings payout ratio) and cash flows (8% cash payout ratio). The dividend has increased by an average of 14% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has remained steady over the last 5 years. Unless this trend deteriorates, it should provide adequate earnings cover for the dividend.
Price Target Changed • Jan 16Price target increased by 8.8% to CA$93.00Up from CA$85.50, the current price target is an average from 2 analysts. New target price is 30% above last closing price of CA$71.56. Stock is up 33% over the past year. The company posted earnings per share of CA$8.94 last year.
Reported Earnings • Jan 15First quarter 2026 earnings released: EPS: CA$2.97 (vs CA$3.13 in 1Q 2025)First quarter 2026 results: EPS: CA$2.97 (down from CA$3.13 in 1Q 2025). Revenue: CA$735.6m (down 3.8% from 1Q 2025). Net income: CA$28.2m (down 5.4% from 1Q 2025). Profit margin: 3.8% (down from 3.9% in 1Q 2025). The decrease in margin was driven by lower revenue. Revenue is expected to decline by 2.8% p.a. on average during the next 2 years, while revenues in the Telecom industry in Canada are expected to grow by 2.1%. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 7% per year.
お知らせ • Jan 15Cogeco Inc. Declares A Quarterly DividendAt its January 14, 2026 meeting, the Board of Directors of Cogeco Inc. declared a quarterly dividend of $0.987 per share, an increase of 7.0% compared to $0.922 per share in the comparable quarter of fiscal 2025.
お知らせ • Dec 17Cogeco Inc. to Report Q1, 2026 Results on Jan 14, 2026Cogeco Inc. announced that they will report Q1, 2026 results After-Market on Jan 14, 2026
お知らせ • Nov 12Cogeco Inc., Annual General Meeting, Jan 15, 2026Cogeco Inc., Annual General Meeting, Jan 15, 2026. Location: quebec, montreal Canada
Recent Insider Transactions Derivative • Nov 07Chief Financial Officer exercised options to buy CA$141k worth of stock.On the 31st of October, Patrice Ouimet exercised options to buy 2k shares at a strike price of around CA$58.98, costing a total of CA$136k. This transaction amounted to 22% of their direct individual holding at the time of the trade. Since December 2024, Patrice has owned 10.35k shares directly. Company insiders have collectively bought CA$391k more than they sold, via options and on-market transactions, in the last 12 months.
分析記事 • Nov 07Cogeco's (TSE:CGO) Shareholders Will Receive A Bigger Dividend Than Last YearCogeco Inc. ( TSE:CGO ) will increase its dividend from last year's comparable payment on the 26th of November to...
Declared Dividend • Nov 06Fourth quarter dividend of CA$0.99 announcedShareholders will receive a dividend of CA$0.99. Ex-date: 12th November 2025 Payment date: 26th November 2025 Dividend yield will be 6.2%, which is higher than the industry average of 4.7%. Sustainability & Growth Dividend is well covered by both earnings (41% earnings payout ratio) and cash flows (7% cash payout ratio). The dividend has increased by an average of 14% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 2.1% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Reported Earnings • Oct 31Full year 2025 earnings released: EPS: CA$8.94 (vs CA$8.63 in FY 2024)Full year 2025 results: EPS: CA$8.94. Revenue: CA$3.01b (down 2.1% from FY 2024). Net income: CA$85.0m (down 12% from FY 2024). Profit margin: 2.8% (down from 3.1% in FY 2024). The decrease in margin was driven by lower revenue. Revenue is expected to decline by 2.3% p.a. on average during the next 2 years, while revenues in the Telecom industry in Canada are expected to grow by 2.3%.
お知らせ • Oct 31+ 2 more updatesCogeco Inc. Provides Earnings Guidance for the Fiscal Year 2026Cogeco Inc. provided earnings guidance for the fiscal year 2026. For the year, the company expects revenue to decrease by 1% to 3%, resulting mostly from a growing Internet subscriber base, a decline in video and wireline phone subscriptions, as well as a competitive pricing environment.
お知らせ • Sep 25Cogeco Inc. to Report Q4, 2025 Results on Oct 29, 2025Cogeco Inc. announced that they will report Q4, 2025 results After-Market on Oct 29, 2025
Declared Dividend • Jul 21Third quarter dividend of CA$0.92 announcedShareholders will receive a dividend of CA$0.92. Ex-date: 29th July 2025 Payment date: 12th August 2025 Dividend yield will be 6.0%, which is higher than the industry average of 4.7%. Sustainability & Growth Dividend is well covered by both earnings (39% earnings payout ratio) and cash flows (6% cash payout ratio). The dividend has increased by an average of 14% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 3.0% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
分析記事 • Jul 17Cogeco (TSE:CGO) Has A Somewhat Strained Balance SheetHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Reported Earnings • Jul 16Third quarter 2025 earnings released: EPS: CA$2.16 (vs CA$1.99 in 3Q 2024)Third quarter 2025 results: EPS: CA$2.16 (up from CA$1.99 in 3Q 2024). Revenue: CA$758.5m (down 2.4% from 3Q 2024). Net income: CA$20.5m (up 8.1% from 3Q 2024). Profit margin: 2.7% (up from 2.4% in 3Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to stay flat during the next 3 years compared to a 2.0% growth forecast for the Telecom industry in Canada. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has fallen by 3% per year.
お知らせ • Jul 16+ 1 more updateCogeco Inc. Declares Quarterly Eligible DividendAt its July 15, 2025 meeting, the Board of Directors of Cogeco declared a quarterly eligible dividend of $0.922 per share, an increase of 8.0% compared to $0.854 per share in the comparable quarter of fiscal 2024.
お知らせ • Jun 19Cogeco Inc. to Report Q3, 2025 Results on Jul 15, 2025Cogeco Inc. announced that they will report Q3, 2025 results After-Market on Jul 15, 2025
Declared Dividend • Apr 14Second quarter dividend of CA$0.92 announcedShareholders will receive a dividend of CA$0.92. Ex-date: 23rd April 2025 Payment date: 7th May 2025 Dividend yield will be 6.1%, which is higher than the industry average of 4.7%. Sustainability & Growth Dividend is well covered by both earnings (39% earnings payout ratio) and cash flows (11% cash payout ratio). The dividend has increased by an average of 15% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 15% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
New Risk • Apr 13New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 2.8x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. This is currently the only risk that has been identified for the company.
Reported Earnings • Apr 10Second quarter 2025 earnings released: EPS: CA$1.91 (vs CA$2.32 in 2Q 2024)Second quarter 2025 results: EPS: CA$1.91 (down from CA$2.32 in 2Q 2024). Revenue: CA$753.2m (flat on 2Q 2024). Net income: CA$18.2m (down 24% from 2Q 2024). Profit margin: 2.4% (down from 3.2% in 2Q 2024). Revenue is forecast to stay flat during the next 3 years compared to a 2.3% growth forecast for the Telecom industry in Canada. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has fallen by 12% per year, which means it is performing significantly worse than earnings.
お知らせ • Apr 10Cogeco Inc. Declares Quarterly Eligible DividendAt its April 9, 2025 meeting, the Board of Directors of Cogeco Inc. declared a quarterly eligible dividend of $0.922 per share, an increase of 8.0% compared to $0.854 per share in the comparable quarter of fiscal 2024.
お知らせ • Mar 12Cogeco Inc. to Report Q2, 2025 Results on Apr 09, 2025Cogeco Inc. announced that they will report Q2, 2025 results After-Market on Apr 09, 2025
Declared Dividend • Jan 17First quarter dividend of CA$0.92 announcedShareholders will receive a dividend of CA$0.92. Ex-date: 27th January 2025 Payment date: 10th February 2025 Dividend yield will be 6.6%, which is higher than the industry average of 4.7%. Sustainability & Growth Dividend is well covered by both earnings (37% earnings payout ratio) and cash flows (12% cash payout ratio). The dividend has increased by an average of 15% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 18% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
分析記事 • Jan 16Cogeco (TSE:CGO) Seems To Be Using A Lot Of DebtHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
New Risk • Jan 15New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 2.9x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. This is currently the only risk that has been identified for the company.
Reported Earnings • Jan 14First quarter 2025 earnings released: EPS: CA$3.13 (vs CA$2.23 in 1Q 2024)First quarter 2025 results: EPS: CA$3.13. Revenue: CA$765.0m (down 1.4% from 1Q 2024). Net income: CA$29.8m (down 14% from 1Q 2024). Profit margin: 3.9% (down from 4.5% in 1Q 2024). Revenue is forecast to stay flat during the next 2 years compared to a 2.3% growth forecast for the Telecom industry in Canada.
お知らせ • Dec 17Cogeco Inc. to Report Q1, 2025 Results on Jan 13, 2025Cogeco Inc. announced that they will report Q1, 2025 results After-Market on Jan 13, 2025
Recent Insider Transactions Derivative • Nov 21Chief Financial Officer exercised options to buy CA$53k worth of stock.On the 15th of November, Patrice Ouimet exercised 1.98k options to receive shares at no cost, then sold around 1.09k of them at CA$59.53 each and kept the remainder. Since December 2023, Patrice has owned 9.46k shares directly. Company insiders have collectively bought CA$73k more than they sold, via options and on-market transactions, in the last 12 months.
お知らせ • Nov 11Cogeco Inc., Annual General Meeting, Jan 14, 2025Cogeco Inc., Annual General Meeting, Jan 14, 2025. Location: quebec, montreal Canada
分析記事 • Nov 08We Like The Quality Of Cogeco's (TSE:CGO) EarningsCogeco Inc.'s ( TSE:CGO ) solid earnings announcement recently didn't do much to the stock price. Our analysis suggests...
Declared Dividend • Nov 07Fourth quarter dividend of CA$0.92 announcedShareholders will receive a dividend of CA$0.92. Ex-date: 14th November 2024 Payment date: 28th November 2024 Dividend yield will be 5.7%, which is higher than the industry average of 4.7%. Sustainability & Growth Dividend is well covered by both earnings (40% earnings payout ratio) and cash flows (11% cash payout ratio). The dividend has increased by an average of 15% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 19% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Price Target Changed • Nov 04Price target increased by 8.2% to CA$85.50Up from CA$79.00, the current price target is an average from 2 analysts. New target price is 39% above last closing price of CA$61.68. Stock is up 29% over the past year. The company posted earnings per share of CA$8.63 last year.
Reported Earnings • Nov 02Full year 2024 earnings released: EPS: CA$8.63 (vs CA$4.54 in FY 2023)Full year 2024 results: EPS: CA$8.63 (up from CA$4.54 in FY 2023). Revenue: CA$3.07b (flat on FY 2023). Net income: CA$96.7m (up 37% from FY 2023). Profit margin: 3.1% (up from 2.3% in FY 2023). Revenue is forecast to stay flat during the next 2 years compared to a 2.3% growth forecast for the Telecom industry in Canada. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.
Price Target Changed • Oct 24Price target increased by 11% to CA$84.00Up from CA$76.00, the current price target is an average from 2 analysts. New target price is 36% above last closing price of CA$61.94. Stock is up 31% over the past year. The company posted earnings per share of CA$4.53 last year.
お知らせ • Sep 17Cogeco Inc. to Report Q4, 2024 Results on Oct 31, 2024Cogeco Inc. announced that they will report Q4, 2024 results After-Market on Oct 31, 2024
お知らせ • Sep 03Cogeco Welcomes Mike Henry as Chief Commercial OfficerCogeco Inc. and Cogeco Communications Inc. announced the arrival of Mike Henry, who joined the organization as Chief Commercial Officer on Monday, August 26, 2024. He will be responsible for leading the sales and marketing, digital, brand, product and community relations teams of Cogeco's telecommunications business across Canada and the United States. Henry brings 30 years of leadership experience from the financial sector, where he has led pivotal transformations and overseen value creation, while keeping customer experience at the forefront of the organizations he has served. Henry most recently held the position of Executive Vice-President, Consumer Banking, Digital and Strategy at Home Trust. He previously held multiple executive roles at Scotiabank, acting as Executive Vice-President and Chief Data Officer. Henry holds an MBA from the Schulich School of Business at York University, and has completed leadership programs at both Harvard Business School and Duke University. He also holds the ICD.D designation from the Institute of Corporate Directors.
分析記事 • Jul 18Cogeco (TSE:CGO) Seems To Be Using A Lot Of DebtWarren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
Declared Dividend • Jul 17Third quarter dividend of CA$0.85 announcedShareholders will receive a dividend of CA$0.85. Ex-date: 25th July 2024 Payment date: 8th August 2024 Dividend yield will be 6.4%, which is higher than the industry average of 4.7%. Sustainability & Growth Dividend is well covered by both earnings (39% earnings payout ratio) and cash flows (14% cash payout ratio). The dividend has increased by an average of 15% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 23% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Reported Earnings • Jul 12Third quarter 2024 earnings released: EPS: CA$1.99 (vs CA$2.22 loss in 3Q 2023)Third quarter 2024 results: EPS: CA$1.99 (up from CA$2.22 loss in 3Q 2023). Revenue: CA$777.2m (up 1.3% from 3Q 2023). Net income: CA$19.0m (up CA$53.4m from 3Q 2023). Profit margin: 2.4% (up from net loss in 3Q 2023). The move to profitability was primarily driven by lower expenses. Revenue is forecast to stay flat during the next 2 years compared to a 2.3% growth forecast for the Telecom industry in Canada. Over the last 3 years on average, earnings per share has fallen by 20% per year and the company’s share price has also fallen by 20% per year.
お知らせ • Jun 06Cogeco Inc. to Report Q3, 2024 Results on Jul 11, 2024Cogeco Inc. announced that they will report Q3, 2024 results After-Market on Jul 11, 2024
Declared Dividend • Apr 23Second quarter dividend of CA$0.85 announcedShareholders will receive a dividend of CA$0.85. Ex-date: 24th April 2024 Payment date: 9th May 2024 Dividend yield will be 6.1%, which is higher than the industry average of 4.7%. Sustainability & Growth Dividend is covered by both earnings (85% earnings payout ratio) and cash flows (12% cash payout ratio). The dividend has increased by an average of 16% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to decline by 6.1% to shift the payout ratio to a potentially unsustainable range, which is more than the 4.9% EPS decline seen over the last 5 years.
お知らせ • Apr 13Cogeco Inc. Declares Quarterly DividendCogeco Inc. declared a quarterly eligible dividend of $0.854 per share, an increase of 16.8% compared to $0.731 per share in the comparable quarter of fiscal 2023.
Reported Earnings • Apr 12Second quarter 2024 earnings released: EPS: CA$2.32 (vs CA$2.17 in 2Q 2023)Second quarter 2024 results: EPS: CA$2.32. Revenue: CA$751.9m (flat on 2Q 2023). Net income: CA$24.0m (down 29% from 2Q 2023). Profit margin: 3.2% (down from 4.5% in 2Q 2023). Revenue is forecast to grow 1.1% p.a. on average during the next 2 years, compared to a 2.6% growth forecast for the Telecom industry in Canada.
お知らせ • Mar 20Cogeco Inc. to Report Q2, 2024 Results on Apr 11, 2024Cogeco Inc. announced that they will report Q2, 2024 results After-Market on Apr 11, 2024
お知らせ • Mar 12Cogeco Inc. and Cogeco Communications Inc. Announce Chief Executive Officer ChangesThe Boards of Directors of Cogeco Inc. and of Cogeco Communications Inc. announced that they have appointed Frédéric Perron as Chief Executive Officer of both Companies, effective immediately, succeeding Philippe Jetté who is retiring. Mr. Perron previously held the position of President of Cogeco Connexion, Cogeco's Canadian broadband business. This appointment follows a thorough Board-led succession planning process. To facilitate a seamless transition in leadership, Mr. Jetté will serve as a strategic advisor to the incoming CEO and Boards of Directors until August 31, 2024. Since joining Cogeco in September 2020, Mr. Perron successfully repositioned Cogeco's Canadian broadband business by building a high-performing team, step-changing execution, accelerating customer growth, completing three important acquisitions, scaling a digital flanker brand and expanding Cogeco's high speed network. Prior to joining Cogeco, Mr. Perron led T-Mobile's consumer business in Poland, held executive roles at Vodafone in the United Kingdom and the Czech Republic, and ran customer base management at Rogers Communications. He has a proven track record as a change agent with broad experience in broadband, wireless and the credit card industry across five countries leading marketing, sales, customer service, operations, digital, product, network, IT, and legal.
お知らせ • Mar 11Cogeco Inc. and Cogeco Communications Inc. Announce Management ChangesThe Boards of Directors of Cogeco Inc. and of Cogeco Communications Inc. announced that they have appointed Frédéric Perron as President and Director of both Companies, effective immediately, succeeding Philippe Jetté who is retiring. Mr. Perron previously held the position of President of Cogeco Connexion, Cogeco's Canadian broadband business. This appointment follows a thorough Board-led succession planning process. To facilitate a seamless transition in leadership, Mr. Jetté will serve as a strategic advisor to the incoming CEO and Boards of Directors until August 31, 2024. Since joining Cogeco in September 2020, Mr. Perron successfully repositioned Cogeco's Canadian broadband business by building a high-performing team, step-changing execution, accelerating customer growth, completing three important acquisitions, scaling a digital flanker brand and expanding Cogeco's high speed network. Prior to joining Cogeco, Mr. Perron led T-Mobile's consumer business in Poland, held executive roles at Vodafone in the United Kingdom and the Czech Republic, and ran customer base management at Rogers Communications. He has a proven track record as a change agent with broad experience in broadband, wireless and the credit card industry across five countries leading marketing, sales, customer service, operations, digital, product, network, IT, and legal. Mr. Jetté will step down as a director of both companies, effective March 11, 2024.
Upcoming Dividend • Jan 16Upcoming dividend of CA$0.85 per share at 5.8% yieldEligible shareholders must have bought the stock before 23 January 2024. Payment date: 07 February 2024. Payout ratio is on the higher end at 75%, however this is supported by cash flows. Trailing yield: 5.8%. Lower than top quartile of Canadian dividend payers (6.4%). Lower than average of industry peers (6.6%).
お知らせ • Jan 13Cogeco Inc. Elects Robin Bienenstock as DirectorCogeco Inc. announced Robin Bienenstock elected as director of Cogeco during its Annual Shareholders' Meeting held virtually on January 11, 2024.
Reported Earnings • Jan 11First quarter 2024 earnings released: EPS: CA$2.23 (vs CA$2.68 in 1Q 2023)First quarter 2024 results: EPS: CA$2.23 (down from CA$2.68 in 1Q 2023). Revenue: CA$776.2m (down 1.7% from 1Q 2023). Net income: CA$34.5m (down 18% from 1Q 2023). Profit margin: 4.5% (down from 5.3% in 1Q 2023). Revenue is forecast to stay flat during the next 2 years compared to a 3.3% growth forecast for the Telecom industry in Canada. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.
お知らせ • Jan 11Cogeco Declares a Quarterly Eligible DividendAt its January 10, 2024 meeting, the Board of Directors of Cogeco declared a quarterly eligible dividend of $0.854 per share, an increase of 16.8% compared to $0.731 per share in the comparable quarter of fiscal 2023.
お知らせ • Dec 15Cogeco Inc. to Report Q1, 2024 Results on Jan 11, 2024Cogeco Inc. announced that they will report Q1, 2024 results After-Market on Jan 11, 2024
Price Target Changed • Dec 13Price target increased by 14% to CA$81.50Up from CA$71.50, the current price target is an average from 2 analysts. New target price is 50% above last closing price of CA$54.19. Stock is down 11% over the past year. The company posted earnings per share of CA$4.53 last year.
お知らせ • Dec 12Cogeco Inc. (TSX:CGO) announces an Equity Buyback for 5,969,360 shares, representing 38.2% for CAD 280.02 million.Cogeco Inc. (TSX:CGO) announces a share repurchase program. Under the program, the company will repurchase up to 5,969,360 shares, representing 38.2% for CAD 280.02 million. The shares will be repurchased at a price not more than CAD 46.91 per share. The company will fund CAD 117 million in proceeds resulting from a repurchase for cancellation by Cogeco Communications from Cogeco of CCA SVS at the CCA SVS Price, CAD 73 million will be funded from a sale by Cogeco to CDPQ of CCA SVS at the CCA SVS Price and from its term loan and credit facilities. The shares will be repurchased from Caisse de dépôt et placement du Québec.
分析記事 • Dec 07We Think Cogeco (TSE:CGO) Is Taking Some Risk With Its DebtDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Recent Insider Transactions Derivative • Nov 16President exercised options to buy CA$107k worth of stock.On the 9th of November, Philippe Jette exercised 5.18k options to receive shares at no cost, then sold around 2.85k of them at CA$80.34 each and kept the remainder. Since December 2022, Philippe has owned 12.38k shares directly. Company insiders have collectively bought CA$655k more than they sold, via options and on-market transactions, in the last 12 months.
分析記事 • Nov 08Investors Can Find Comfort In Cogeco's (TSE:CGO) Earnings QualityShareholders appeared unconcerned with Cogeco Inc.'s ( TSE:CGO ) lackluster earnings report last week. Our analysis...
Upcoming Dividend • Nov 07Upcoming dividend of CA$0.85 per share at 6.1% yieldEligible shareholders must have bought the stock before 14 November 2023. Payment date: 29 November 2023. Payout ratio is a comfortable 64% and this is well supported by cash flows. Trailing yield: 6.1%. Lower than top quartile of Canadian dividend payers (6.5%). Lower than average of industry peers (6.9%).
分析記事 • Nov 06Cogeco (TSE:CGO) Is Paying Out A Larger Dividend Than Last YearCogeco Inc.'s ( TSE:CGO ) periodic dividend will be increasing on the 29th of November to CA$0.854, with investors...
Price Target Changed • Nov 05Price target decreased by 9.2% to CA$74.00Down from CA$81.50, the current price target is an average from 2 analysts. New target price is 52% above last closing price of CA$48.60. Stock is down 12% over the past year. The company posted earnings per share of CA$4.53 last year.
お知らせ • Nov 04Cogeco Inc., Annual General Meeting, Jan 11, 2024Cogeco Inc., Annual General Meeting, Jan 11, 2024.
Reported Earnings • Nov 02Full year 2023 earnings released: EPS: CA$4.53 (vs CA$9.43 in FY 2022)Full year 2023 results: EPS: CA$4.53 (down from CA$9.43 in FY 2022). Revenue: CA$3.08b (up 2.9% from FY 2022). Net income: CA$70.6m (down 53% from FY 2022). Profit margin: 2.3% (down from 5.0% in FY 2022). Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has fallen by 15% per year, which means it is performing significantly worse than earnings.
お知らせ • Nov 02Cogeco Inc. Declares Quarterly DividendCogeco Inc. at its November 1, 2023 meeting, the Board of Directors of the company declared a quarterly eligible dividend of $0.854 per share, an increase of 16.8% compared to $0.731 per share last year. With this increase, the dividends per share of the Corporation and Cogeco Communications are now fully aligned.
お知らせ • Sep 29Cogeco Inc. to Report Q4, 2023 Results on Nov 01, 2023Cogeco Inc. announced that they will report Q4, 2023 results After-Market on Nov 01, 2023
お知らせ • Sep 19Cogeco Inc. and Cogeco Communications Inc. Appoints Valery Zamuner as Senior Vice-President and Chief Corporate Affairs and Legal OfficerCogeco Inc. and Cogeco Communications Inc. announced the appointment of Valery Zamuner as Senior Vice-President and Chief Corporate Affairs and Legal Officer, effective September 18, 2023. She will be based at the company's head office in Montreal. Ms. Zamuner is a seasoned executive with outstanding experience in sectors ranging from financial and professional services to media and retail. During her career, she has held positions with ever-increasing responsibility, led key legal functions, piloted landmark mergers and acquisitions, and helped shape the strategies of the companies she has worked for. Her most recent roles include Senior Vice-President, General Counsel and Corporate Secretary for Alimentation Couche-Tard, and Senior Vice-President of Mergers, Acquisitions Strategic Initiatives for Stingray Inc. Ms. Zamuner will lead the Corporate Affairs teams as well as the Legal, Regulatory and Government teams; this will bring together the various fields of expertise related to its key interactions with external stakeholders. Ms. Zamuner holds a law degree from Universite Laval and an MBA from Concordia University. She is a member of the Quebec Bar.
お知らせ • Sep 08Cogeco Inc. and Cogeco Communications Inc. Announces Appointment of Tim Dinesen as Senior Vice-President and Chief Technology OfficerCogeco Inc. and Cogeco Communications Inc. announced the appointment of Tim Dinesen as Senior Vice-President and Chief Technology Officer, effective September 11, 2023. He will be based at the head office in Montreal. Until recently, in addition to his consulting work, he has held management roles at Xplornet, Canadian Tire and Bell Canada, among others. During his career, he has acquired extensive experience of broadband networks, information technologies, mobility and customer operations in Canada and the United States. Mr. Dinesen holds a PhD in Chemical Physics from McGill University and an MBA from Queen's University.
New Risk • Jul 15New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 20% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (20% operating cash flow to total debt). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.5% net profit margin).
Reported Earnings • Jul 14Third quarter 2023 earnings released: CA$2.22 loss per share (vs CA$2.38 profit in 3Q 2022)Third quarter 2023 results: CA$2.22 loss per share (down from CA$2.38 profit in 3Q 2022). Revenue: CA$767.6m (up 1.7% from 3Q 2022). Net loss: CA$34.5m (down 192% from profit in 3Q 2022). Revenue is forecast to grow 1.4% p.a. on average during the next 2 years, compared to a 1.6% growth forecast for the Media industry in Canada. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 15% per year, which means it is performing significantly worse than earnings.
お知らせ • Jul 14+ 1 more updateCogeco Inc. Declares Quarterly DividendCogeco Inc. announced that at its July 13, 2023 meeting, the Board of Directors declared a quarterly eligible dividend of CAD 0.731 per share, an increase of 17% compared to CAD 0.625 per share in the comparable quarter of fiscal 2022.
お知らせ • Jun 09Cogeco Inc. to Report Q3, 2023 Results on Jul 13, 2023Cogeco Inc. announced that they will report Q3, 2023 results at 4:00 PM, US Eastern Standard Time on Jul 13, 2023
Price Target Changed • May 05Price target decreased by 17% to CA$84.50Down from CA$102, the current price target is an average from 2 analysts. New target price is 55% above last closing price of CA$54.44. Stock is down 23% over the past year. The company posted earnings per share of CA$9.43 last year.
Upcoming Dividend • Apr 19Upcoming dividend of CA$0.73 per share at 5.1% yieldEligible shareholders must have bought the stock before 26 April 2023. Payment date: 11 May 2023. Payout ratio is a comfortable 28% and this is well supported by cash flows. Trailing yield: 5.1%. Lower than top quartile of Canadian dividend payers (6.1%). Higher than average of industry peers (3.4%).
Reported Earnings • Apr 14Second quarter 2023 earnings released: EPS: CA$2.17 (vs CA$2.30 in 2Q 2022)Second quarter 2023 results: EPS: CA$2.17 (down from CA$2.30 in 2Q 2022). Revenue: CA$757.2m (up 1.2% from 2Q 2022). Net income: CA$33.8m (down 7.8% from 2Q 2022). Profit margin: 4.5% (down from 4.9% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.1% p.a. on average during the next 2 years, compared to a 2.8% growth forecast for the Media industry in Canada. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.
分析記事 • Apr 01We Think Cogeco (TSE:CGO) Is Taking Some Risk With Its DebtWarren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
Board Change • Feb 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 6 experienced directors. 2 highly experienced directors. Director Caroline Papadatos was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Valuation Update With 7 Day Price Move • Jan 19Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to CA$57.63, the stock trades at a trailing P/E ratio of 5.9x. Average forward P/E is 9x in the Media industry in Canada. Total loss to shareholders of 33% over the past three years.
お知らせ • Jan 17Cogeco Inc. Approves Election of Caroline Papadatos as DirectorCogeco Inc. at its AGM held on January 13, 2023 approved election of Caroline Papadatos as director.
Reported Earnings • Jan 14First quarter 2023 earnings released: EPS: CA$2.68 (vs CA$2.42 in 1Q 2022)First quarter 2023 results: EPS: CA$2.68 (up from CA$2.42 in 1Q 2022). Revenue: CA$789.7m (up 6.0% from 1Q 2022). Net income: CA$42.1m (up 9.2% from 1Q 2022). Profit margin: 5.3% (up from 5.2% in 1Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.
お知らせ • Jan 13+ 1 more updateCogeco Inc. Declares Quarterly DividendAt its January 12, 2023 meeting, the Board of Directors of Cogeco Inc. declared a quarterly eligible dividend of $0.731 per share, an increase of 17% compared to $0.625 per share in the comparable quarter of fiscal 2022.
お知らせ • Dec 02+ 1 more updateCogeco Inc. to Report Q1, 2023 Results on Jan 12, 2023Cogeco Inc. announced that they will report Q1, 2023 results at 4:00 PM, US Eastern Standard Time on Jan 12, 2023
Board Change • Nov 16Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 3 highly experienced directors. Independent Director Patricia Curadeau-Grou was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
お知らせ • Nov 05Cogeco Inc., Annual General Meeting, Jan 13, 2023Cogeco Inc., Annual General Meeting, Jan 13, 2023.
お知らせ • Oct 29+ 1 more updateCogeco Inc. Declares Quarterly Eligible DividendCogeco Inc. announced at its October 27, 2022 meeting, the board of directors of the company declared a quarterly eligible dividend of $0.731 per share, an increase of 17% compared to $0.625 per share a year ago.
Reported Earnings • Oct 28Full year 2022 earnings releasedFull year 2022 results: Revenue: CA$3.00b (up 15% from FY 2021). Net income: CA$149.1m (up 5.1% from FY 2021). Profit margin: 5.0% (down from 5.4% in FY 2021). The decrease in margin was driven by higher expenses.
Price Target Changed • Oct 26Price target decreased to CA$103Down from CA$111, the current price target is an average from 3 analysts. New target price is 88% above last closing price of CA$54.84. Stock is down 34% over the past year. The company posted earnings per share of CA$8.92 last year.
Price Target Changed • Oct 13Price target decreased to CA$110Down from CA$119, the current price target is an average from 3 analysts. New target price is 101% above last closing price of CA$54.57. Stock is down 37% over the past year. The company posted earnings per share of CA$8.92 last year.
