View ValuationCogeco Communications 将来の成長Future 基準チェック /16Cogeco Communicationsの収益は年間1%で減少すると予測されていますが、年間利益は年間3.5%で増加すると予測されています。EPS は年間 増加すると予測されています。自己資本利益率は 3 年後に8.4% 3.6%なると予測されています。主要情報3.5%収益成長率3.65%EPS成長率Telecom 収益成長21.1%収益成長率-1.0%将来の株主資本利益率8.43%アナリストカバレッジGood最終更新日19 Apr 2026今後の成長に関する最新情報お知らせ • Apr 10+ 1 more updateCogeco Communications Inc. Revises Guidance for the Fiscal Year 2026Cogeco Communications Inc. revised Earning guidance for the Fiscal Year 2026. For the year, the company expects fiscal 2026 revenue decrease by 2% to 4% compared to decrease by 1% to 3% in previous guidance.お知らせ • Jul 16Cogeco Communications Inc. Revises Earnings Guidance for the Fiscal Year 2025Cogeco Communications Inc. revised Earnings Guidance for the Fiscal Year 2025. For the year, the company now expects a low single digit decline as compared to the stable revenue projected earlier on October 31, 2024.お知らせ • Apr 13+ 1 more updateCogeco Communications Inc. Provides Consolidated Earnings Guidance for the Third Quarter of 2024Cogeco Communications Inc. provided consolidated earnings guidance for the third quarter of 2024. For the quarter, the company expects revenue to increase in the low single digit in constant currency to be similar to last year's results.お知らせ • Nov 02+ 1 more updateCogeco Communications Inc. Provides Revenue Guidance for 2024Cogeco Communications Inc. provided revenue guidance for 2024. For the period, company expects stable revenue.お知らせ • Jan 13+ 1 more updateCogeco Communications Inc. Revises Revenue Guidance for the Year 2023Cogeco Communications Inc. revised revenue guidance for the year 2023. For the period, the company expects revenue to increase of 0.5% to 2.0% compared to the previous guidance of increase of 2% to 4% provided earlier.お知らせ • Jul 15Cogeco Communications Inc. Provides Earnings Guidance for the Fiscal Year 2022Cogeco Communications Inc. provided earnings guidance for the fiscal year 2022. The company expects fiscal 2022 revenue and adjusted EBITDA to grow between 3.5% and 5.5%.すべての更新を表示Recent updatesBoard Change • May 20High number of new directorsThere are 6 new directors who have joined the board in the last 3 years. Independent Director Bart Demosky 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.お知らせ • Apr 10+ 1 more updateCogeco Communications Inc. Revises Guidance for the Fiscal Year 2026Cogeco Communications Inc. revised Earning guidance for the Fiscal Year 2026. For the year, the company expects fiscal 2026 revenue decrease by 2% to 4% compared to decrease by 1% to 3% in previous guidance.お知らせ • Mar 12Cogeco Communications Inc. to Report Q2, 2026 Results on Apr 09, 2026Cogeco Communications Inc. announced that they will report Q2, 2026 results After-Market on Apr 09, 2026お知らせ • Jan 21Cogeco Communications Inc. announces Quarterly dividend, payable on February 11, 2026Cogeco Communications Inc. announced Quarterly dividend of CAD 0.9870 per share payable on February 11, 2026, ex-date on January 28, 2026 and record date on January 28, 2026.お知らせ • Dec 17Cogeco Communications Inc. to Report Q1, 2026 Results on Jan 14, 2026Cogeco Communications Inc. announced that they will report Q1, 2026 results After-Market on Jan 14, 2026お知らせ • Nov 12Cogeco Communications Inc., Annual General Meeting, Jan 15, 2026Cogeco Communications Inc., Annual General Meeting, Jan 15, 2026. Location: quebec, montreal Canadaお知らせ • Oct 31+ 1 more updateCogeco Communications Declares Dividend Fourth Quarter of Fiscal 2025 Ended on August 31, 2025Cogeco Communications in its board meeting held on October 29, 2025 declared a quarterly dividend of $0.987 per share, an increase of 7.0% compared to $0.922 per share last year.お知らせ • Oct 16Cogeco Expands Mobile Service to More Than 350 New Municipalities, Bringing More Choice to CanadiansCogeco Communications Inc. announced a significant rollout of its mobile service, now offering mobility to the majority of its customers across Quebec and Ontario in municipalities such as Niagara, Drummondville, Hamilton, Kingston, Shawinigan, Windsor and Burlington. Following the successful soft launch of Cogeco Mobile in 13 markets in July, this rapid expansion reinforces Cogeco's commitment to bring more choice, value, and simplicity to Canadian consumers.お知らせ • Sep 25Cogeco Communications Inc. to Report Q4, 2025 Results on Oct 29, 2025Cogeco Communications Inc. announced that they will report Q4, 2025 results After-Market on Oct 29, 2025お知らせ • Jul 18Cogeco Communications Inc. announces Quarterly dividend, payable on August 12, 2025Cogeco Communications Inc. announced Quarterly dividend of CAD 0.9220 per share payable on August 12, 2025, ex-date on July 29, 2025 and record date on July 29, 2025.お知らせ • Jul 16Cogeco Communications Inc. Revises Earnings Guidance for the Fiscal Year 2025Cogeco Communications Inc. revised Earnings Guidance for the Fiscal Year 2025. For the year, the company now expects a low single digit decline as compared to the stable revenue projected earlier on October 31, 2024.お知らせ • Jun 19Cogeco Communications Inc. to Report Q3, 2025 Results on Jul 15, 2025Cogeco Communications Inc. announced that they will report Q3, 2025 results After-Market on Jul 15, 2025お知らせ • Apr 10Cogeco Communications Inc. Declares Quarterly Eligible DividendAt its April 9, 2025 meeting, the Board of Directors of Cogeco Communications 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 Communications Inc. to Report Q2, 2025 Results on Apr 09, 2025Cogeco Communications Inc. announced that they will report Q2, 2025 results After-Market on Apr 09, 2025お知らせ • Feb 05Cogeco Communications Inc. announced that it expects to receive CAD 325 million in fundingCogeco Communications Inc. announced a private placement of 4.743% senior secured notes financing for gross proceeds of CAD 325 million on February 04, 2025 The notes carry the interest of 4.743% per annum. The notes are secured, unsubordinated and senior in the transaction. The notes will mature on February 6, 2035. The transaction is expected to close on February 6, 2025.お知らせ • Nov 11Cogeco Communications Inc., Annual General Meeting, Jan 14, 2025Cogeco Communications Inc., Annual General Meeting, Jan 14, 2025. Location: quebec, montreal CanadaNew Risk • Nov 10New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.04% per year for the foreseeable future. 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 expected to decline, then in most cases the share price will decline over time as well. 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 (2.9x net interest cover). Earnings are forecast to decline by an average of 0.04% per year for the foreseeable future.Declared Dividend • Nov 06Fourth 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 2.9%. Sustainability & Growth Dividend is well covered by both earnings (43% earnings payout ratio) and cash flows (50% cash payout ratio). The dividend has increased by an average of 12% 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. EPS is expected to remain steady over the next 2 years, which should provide adequate earnings cover for the dividend.Reported Earnings • Nov 01Full year 2024 earnings released: EPS: CA$7.87 (vs CA$8.78 in FY 2023)Full year 2024 results: EPS: CA$7.87 (down from CA$8.78 in FY 2023). Revenue: CA$2.98b (flat on FY 2023). Net income: CA$335.5m (down 14% from FY 2023). Profit margin: 11% (down from 13% in FY 2023). Revenue is forecast to stay flat during the next 3 years compared to a 2.3% growth forecast for the Telecom industry in Germany. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has fallen by 14% per year, which means it is performing significantly worse than earnings.お知らせ • Sep 17Cogeco Communications Inc. to Report Q4, 2024 Results on Oct 31, 2024Cogeco Communications Inc. announced that they will report Q4, 2024 results After-Market on Oct 31, 2024Valuation Update With 7 Day Price Move • Jul 19Investor sentiment improves as stock rises 19%After last week's 19% share price gain to €40.80, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 13x in the Telecom industry in Europe. Total loss to shareholders of 42% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €64.93 per share.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 7.0%, which is higher than the industry average of 2.9%. Sustainability & Growth Dividend is covered by both earnings (42% earnings payout ratio) and cash flows (63% cash payout ratio). The dividend has increased by an average of 11% 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. EPS is expected to grow by 4.5% over the next year, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Jul 12Third quarter 2024 earnings released: EPS: CA$1.68 (vs CA$2.17 in 3Q 2023)Third quarter 2024 results: EPS: CA$1.68 (down from CA$2.17 in 3Q 2023). Revenue: CA$750.6m (up 1.2% from 3Q 2023). Net income: CA$70.4m (down 27% from 3Q 2023). Profit margin: 9.4% (down from 13% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to stay flat during the next 3 years compared to a 1.7% growth forecast for the Telecom industry in Germany. 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 25% per year, which means it is performing significantly worse than earnings.お知らせ • Jul 12Cogeco Communications Inc. Declares Quarterly Eligible DividendCogeco Communications Inc. at its July 11, 2024 meeting, the Board of Directors of the company declared a quarterly eligible dividend of CAD 0.854 per share, an increase of 10.1% compared to CAD 0.776 per share in the comparable quarter of fiscal 2023.お知らせ • Jun 06Cogeco Communications Inc. to Report Q3, 2024 Results on Jul 11, 2024Cogeco Communications Inc. announced that they will report Q3, 2024 results After-Market on Jul 11, 2024お知らせ • Apr 13+ 1 more updateCogeco Communications Inc. Provides Consolidated Earnings Guidance for the Third Quarter of 2024Cogeco Communications Inc. provided consolidated earnings guidance for the third quarter of 2024. For the quarter, the company expects revenue to increase in the low single digit in constant currency to be similar to last year's results.Reported Earnings • Apr 12Second quarter 2024 earnings released: EPS: CA$2.21 (vs CA$2.21 in 2Q 2023)Second quarter 2024 results: EPS: CA$2.21. Revenue: CA$730.5m (flat on 2Q 2023). Net income: CA$93.7m (down 4.8% from 2Q 2023). Profit margin: 13% (in line with 2Q 2023). Revenue is forecast to stay flat during the next 3 years compared to a 1.6% growth forecast for the Telecom industry in Germany.Buy Or Sell Opportunity • Mar 26Now 20% undervaluedOver the last 90 days, the stock has risen 2.6% to €40.00. The fair value is estimated to be €50.19, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.0% over the last 3 years. Earnings per share has grown by 2.7%. Revenue is forecast to grow by 0.1% in 2 years. Earnings are forecast to decline by 7.9% in the next 2 years.お知らせ • Mar 20Cogeco Communications Inc. to Report Q2, 2024 Results on Apr 11, 2024Cogeco Communications 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.お知らせ • Feb 23Cogeco Communications Inc. announced that it expects to receive CAD 275 million in fundingCogeco Communications Inc. announced a private placement of 6.125% senior unsecured unsubordinated non-convertible notes financing for gross proceeds of CAD 275 million on February 22, 2024. The notes carry the interest of 6.125% per annum. The notes are unsecured, unsubordinated and senior in the transaction. The notes will mature on February 27, 2029. The transaction is expected to close on February 27, 2024.Upcoming Dividend • Jan 16Upcoming dividend of CA$0.85 per share at 5.6% yieldEligible shareholders must have bought the stock before 23 January 2024. Payment date: 07 February 2024. Payout ratio is a comfortable 38% and this is well supported by cash flows. Trailing yield: 5.6%. Within top quartile of German dividend payers (5.0%). In line with average of industry peers (5.2%).お知らせ • Jan 13Cogeco Communications Inc. Elects Arun Bajaj to Its Board of DirectorsCogeco Communications Inc. announced that at its Annual and Special Shareholders' Meeting held on January 11, 2024, elected Arun Bajaj to its board of directors.Reported Earnings • Jan 12First quarter 2024 earnings released: EPS: CA$2.02 (vs CA$2.45 in 1Q 2023)First quarter 2024 results: EPS: CA$2.02 (down from CA$2.45 in 1Q 2023). Revenue: CA$747.7m (down 1.9% from 1Q 2023). Net income: CA$89.5m (down 20% from 1Q 2023). Profit margin: 12% (down from 15% in 1Q 2023). The decrease in margin was primarily driven by lower revenue. Revenue is forecast to stay flat during the next 3 years compared to a 3.9% growth forecast for the Media industry in Germany. Over the last 3 years on average, earnings per share has increased by 3% 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 11Cogeco Communications Inc. Declares Quarterly Eligible DividendAt its January 10, 2024 meeting, the Board of Directors of Cogeco Communications declared a quarterly eligible dividend of $0.854 per share, an increase of 10.1% compared to $0.776 per share in the comparable quarter of fiscal 2023.お知らせ • Dec 15Cogeco Communications Inc. to Report Q1, 2024 Results on Jan 10, 2024Cogeco Communications Inc. announced that they will report Q1, 2024 results on Jan 10, 2024New Risk • Dec 14New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 5.6% per year for the foreseeable future. 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 expected to decline, then in most cases the share price will decline over time as well. 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 Debt is not well covered by operating cash flow (19% operating cash flow to total debt). Earnings are forecast to decline by an average of 5.6% per year for the foreseeable future. Minor Risk Dividend is not well covered by cash flows (151% cash payout ratio).お知らせ • Dec 12Cogeco Communications Inc. (TSX:CCA) announces an Equity Buyback for 2,266,537 shares, representing 5.1% for CAD 116.5 million.Cogeco Communications Inc. (TSX:CCA) announces a share repurchase program. Under the program, the company will repurchase up to 2,266,537 shares, representing 5.1% of its share capital for CAD 116.5 million. The company will repurchase its shares from Cogeco Inc. (TSX:CGO). The repurchases will be funded from company's existing term revolving facility. The shares will be repurchased at CAD 51.40 per share.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 35% but the company is paying out more than the cash it is generating. Trailing yield: 6.1%. Within top quartile of German dividend payers (5.0%). Higher than average of industry peers (5.4%).お知らせ • Nov 04Cogeco Communications Inc., Annual General Meeting, Jan 11, 2024Cogeco Communications Inc., Annual General Meeting, Jan 11, 2024.New Risk • Nov 04New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 5.6% per year for the foreseeable future. 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 expected to decline, then in most cases the share price will decline over time as well. 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 Debt is not well covered by operating cash flow (19% operating cash flow to total debt). Earnings are forecast to decline by an average of 5.6% per year for the foreseeable future. Minor Risk Dividend is not well covered by cash flows (137% cash payout ratio).Reported Earnings • Nov 03Full year 2023 earnings released: EPS: CA$8.78 (vs CA$9.16 in FY 2022)Full year 2023 results: EPS: CA$8.78 (down from CA$9.16 in FY 2022). Revenue: CA$2.98b (up 2.9% from FY 2022). Net income: CA$392.3m (down 7.3% from FY 2022). Profit margin: 13% (down from 15% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.2% p.a. on average during the next 2 years, compared to a 5.6% growth forecast for the Media industry in Germany. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.お知らせ • Nov 02+ 1 more updateCogeco Communications Inc. Provides Revenue Guidance for 2024Cogeco Communications Inc. provided revenue guidance for 2024. For the period, company expects stable revenue.お知らせ • Sep 29Cogeco Communications Inc. to Report Q4, 2023 Results on Nov 01, 2023Cogeco Communications 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.Upcoming Dividend • Jul 19Upcoming dividend of CA$0.78 per share at 4.6% yieldEligible shareholders must have bought the stock before 26 July 2023. Payment date: 10 August 2023. Payout ratio is a comfortable 31% but the company is paying out more than the cash it is generating. Trailing yield: 4.6%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (6.5%).New Risk • Jul 16New 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 Risks Debt is not well covered by operating cash flow (20% operating cash flow to total debt). Earnings are forecast to decline by an average of 4.5% per year for the foreseeable future. Minor Risk Dividend is not well covered by cash flows (138% cash payout ratio).Reported Earnings • Jul 14Third quarter 2023 earnings released: EPS: CA$2.17 (vs CA$2.17 in 3Q 2022)Third quarter 2023 results: EPS: CA$2.17 (down from CA$2.17 in 3Q 2022). Revenue: CA$741.8m (up 1.9% from 3Q 2022). Net income: CA$95.9m (down 4.3% from 3Q 2022). Profit margin: 13% (in line with 3Q 2022). Revenue is forecast to stay flat during the next 3 years compared to a 4.8% growth forecast for the Media industry in Germany. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.お知らせ • Jul 14Cogeco Communications Inc. Declares A Quarterly Eligible DividendAt its July 13, 2023 meeting, the Board of Directors of Cogeco Communications declared a quarterly eligible dividend of $0.776 per share, an increase of 10.1% compared to $0.705 per share in the comparable quarter of fiscal 2022.お知らせ • Jun 09Cogeco Communications Inc. to Report Q3, 2023 Results on Jul 13, 2023Cogeco Communications Inc. announced that they will report Q3, 2023 results at 4:00 PM, US Eastern Standard Time on Jul 13, 2023Upcoming Dividend • Apr 19Upcoming dividend of CA$0.78 per share at 4.7% yieldEligible shareholders must have bought the stock before 26 April 2023. Payment date: 11 May 2023. Payout ratio is a comfortable 32% and this is well supported by cash flows. Trailing yield: 4.7%. Within top quartile of German dividend payers (4.6%). Lower than average of industry peers (6.7%).Reported Earnings • Apr 15Second quarter 2023 earnings released: EPS: CA$2.21 (vs CA$2.40 in 2Q 2022)Second quarter 2023 results: EPS: CA$2.21 (down from CA$2.40 in 2Q 2022). Revenue: CA$736.6m (up 1.1% from 2Q 2022). Net income: CA$98.4m (down 12% from 2Q 2022). Profit margin: 13% (down from 15% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.0% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Media industry in Germany. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.お知らせ • Feb 14Cogeco Communications Inc. announced that it expects to receive CAD 300 million in funding from a group of investorsCogeco Communications Inc. announced a private placement of 5.299% senior secured notes due February 16, 2033 co-led by BMO Nesbitt Burns Inc., Canadian Imperial Bank of Commerce, National Bank of Canada for gross proceeds of CAD 300,000,000 on February 13, 2023. The transaction includes participation from Scotia Capital Inc., Desjardins Securities Inc., RBC Dominion Securities Inc., TD Securities Inc., Casgrain & Company Limited, Merrill Lynch Canada, Inc.Valuation Update With 7 Day Price Move • Jan 19Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to €47.40, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 13x in the Media industry in Germany. Total loss to shareholders of 29% over the past three years.Upcoming Dividend • Jan 18Upcoming dividend of CA$0.78 per shareEligible shareholders must have bought the stock before 25 January 2023. Payment date: 09 February 2023. Payout ratio is a comfortable 31% but the company is paying out more than the cash it is generating. Trailing yield: 4.5%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (7.1%).Reported Earnings • Jan 13First quarter 2023 earnings released: EPS: CA$2.45 (vs CA$2.29 in 1Q 2022)First quarter 2023 results: EPS: CA$2.45 (up from CA$2.29 in 1Q 2022). Revenue: CA$762.3m (up 6.1% from 1Q 2022). Net income: CA$111.5m (up 4.4% from 1Q 2022). Profit margin: 15% (in line with 1Q 2022). Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Media industry in Germany. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.お知らせ • Jan 13+ 1 more updateCogeco Communications Inc. Revises Revenue Guidance for the Year 2023Cogeco Communications Inc. revised revenue guidance for the year 2023. For the period, the company expects revenue to increase of 0.5% to 2.0% compared to the previous guidance of increase of 2% to 4% provided earlier.お知らせ • Dec 03Cogeco Communications Inc. to Report Q1, 2023 Results on Jan 12, 2023Cogeco Communications Inc. announced that they will report Q1, 2023 results at 4:00 PM, US Eastern Standard Time on Jan 12, 2023お知らせ • Dec 02Cogeco Communications Inc., Cogeco Inc., Annual General Meeting, Jan 13, 2023Cogeco Communications Inc., Cogeco Inc., Annual General Meeting, Jan 13, 2023, at 11:30 Eastern Standard Time. Location: at the Centre Mont-Royal Montréal Quebec CanadaRecent Insider Transactions • Nov 18Independent Director recently bought €84k worth of stockOn the 14th of November, Robin Bienenstock bought around 2k shares on-market at roughly €53.40 per share. This transaction increased Robin's direct individual holding by 2x at the time of the trade. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold €220k more in shares than they bought in the last 12 months.お知らせ • Nov 05Cogeco Communications Inc., Annual General Meeting, Jan 13, 2023Cogeco Communications Inc., Annual General Meeting, Jan 13, 2023.Reported Earnings • Oct 28Full year 2022 earnings released: EPS: CA$9.16 (vs CA$8.47 in FY 2021)Full year 2022 results: EPS: CA$9.16 (up from CA$8.47 in FY 2021). Revenue: CA$2.90b (up 16% from FY 2021). Net income: CA$423.3m (up 5.4% from FY 2021). Profit margin: 15% (down from 16% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.8% p.a. on average during the next 2 years, compared to a 5.0% growth forecast for the Media industry in Germany. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.お知らせ • Sep 16Cogeco Communications Inc. to Report Q4, 2022 Results on Oct 27, 2022Cogeco Communications Inc. announced that they will report Q4, 2022 results at 4:00 PM, US Eastern Standard Time on Oct 27, 2022Recent Insider Transactions • Aug 03Independent Director recently bought €57k worth of stockOn the 29th of July, Robin Bienenstock bought around 890 shares on-market at roughly €64.25 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold €530k more in shares than they bought in the last 12 months.Upcoming Dividend • Jul 19Upcoming dividend of CA$0.70 per shareEligible shareholders must have bought the stock before 26 July 2022. Payment date: 10 August 2022. Payout ratio is a comfortable 31% and this is well supported by cash flows. Trailing yield: 3.4%. Lower than top quartile of German dividend payers (4.5%). Lower than average of industry peers (8.6%).Reported Earnings • Jul 15Third quarter 2022 earnings released: EPS: CA$2.17 (vs CA$2.02 in 3Q 2021)Third quarter 2022 results: EPS: CA$2.17 (up from CA$2.02 in 3Q 2021). Revenue: CA$728.1m (up 17% from 3Q 2021). Net income: CA$100.3m (up 4.8% from 3Q 2021). Profit margin: 14% (down from 15% in 3Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 5.2%, compared to a 9.0% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.お知らせ • Jul 14+ 1 more updateCogeco Communications Inc. Declares Quarterly DividendAt its July 13, 2022 meeting, the Board of Directors of Cogeco Communications declared a quarterly eligible dividend of $0.705 per share compared to $0.64 per share in the comparable quarter of fiscal 2021.お知らせ • Jun 04Cogeco Communications Inc. to Report Q3, 2022 Results on Jul 13, 2022Cogeco Communications Inc. announced that they will report Q3, 2022 results After-Market on Jul 13, 2022Upcoming Dividend • Apr 19Upcoming dividend of CA$0.70 per shareEligible shareholders must have bought the stock before 26 April 2022. Payment date: 11 May 2022. Payout ratio is a comfortable 31% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of German dividend payers (3.9%). Lower than average of industry peers (6.0%).Reported Earnings • Apr 14Second quarter 2022 earnings released: EPS: CA$2.40 (vs CA$2.16 in 2Q 2021)Second quarter 2022 results: EPS: CA$2.40 (up from CA$2.16 in 2Q 2021). Revenue: CA$728.5m (up 15% from 2Q 2021). Net income: CA$111.3m (up 8.1% from 2Q 2021). Profit margin: 15% (in line with 2Q 2021). Over the next year, revenue is forecast to grow 8.2%, compared to a 8.3% growth forecast for the industry in Germany. 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 10% per year.お知らせ • Apr 14+ 1 more updateCogeco Communications Inc. Declares Quarterly DividendAt its April 13, 2022 meeting, the Board of Directors of Cogeco Communications declared a quarterly eligible dividend of $0.705 per share compared to $0.64 per share in the comparable quarter of fiscal 2021.Reported Earnings • Jan 14First quarter 2022 earnings: Revenues in line with analyst expectationsFirst quarter 2022 results: Revenue: CA$718.5m (up 16% from 1Q 2021). Net income: CA$106.8m (flat on 1Q 2021). Profit margin: 15% (down from 17% in 1Q 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 12%, compared to a 6.5% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 12% per year.Recent Insider Transactions • Nov 18President recently sold €165k worth of stockOn the 15th of November, Philippe Jette sold around 2k shares on-market at roughly €70.63 per share. This was the largest sale by an insider in the last 3 months. This was Philippe's only on-market trade for the last 12 months.Reported Earnings • Nov 12Full year 2021 earnings releasedThe company reported a solid full year result with improved earnings and revenues, although profit margins were flat. Full year 2021 results: Revenue: CA$2.51b (up 5.3% from FY 2020). Net income: CA$401.5m (up 7.0% from FY 2020). Profit margin: 16% (in line with FY 2020). Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 20% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Sep 15Cogeco Communications Inc. announced that it expects to receive CAD 500 million in fundingCogeco Communications Inc. announced a private placement of 2.991% senior secured notes due September 22, 2031 for gross proceeds of $500,000,000 on September 13, 2021. The notes carries a coupon of 2.991% and will mature on September 22, 2031. The notes will be direct and unsubordinated secured debt obligations of the company and will rank equally and pari passu, with all other secured senior indebtedness. The transaction is expected to close on or about September 20, 2021, subject to customary closing conditions.Recent Insider Transactions • Aug 11Lead Independent Director recently bought €80k worth of stockOn the 9th of August, James Cherry bought around 1k shares on-market at roughly €80.11 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold €1.3m more in shares than they bought in the last 12 months.Upcoming Dividend • Jul 20Upcoming dividend of CA$0.64 per shareEligible shareholders must have bought the stock before 27 July 2021. Payment date: 11 August 2021. Trailing yield: 2.1%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (4.0%).Reported Earnings • Jul 17Third quarter 2021 earnings released: EPS CA$2.02 (vs CA$1.89 in 3Q 2020)The company reported a solid third quarter result with improved earnings and revenues, although profit margins were flat. Third quarter 2021 results: Revenue: CA$624.3m (up 3.1% from 3Q 2020). Net income: CA$95.7m (up 5.4% from 3Q 2020). Profit margin: 15% (in line with 3Q 2020). Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Jul 15Cogeco Communications Inc. Provides Earnings Guidance for the Fiscal Year 2022Cogeco Communications Inc. provided earnings guidance for the fiscal year 2022. The company expects fiscal 2022 revenue and adjusted EBITDA to grow between 3.5% and 5.5%.Recent Insider Transactions • May 05Executive Chairman of the Board recently sold €1.3m worth of stockOn the 29th of April, Louis Audet sold around 17k shares on-market at roughly €78.25 per share. This was the largest sale by an insider in the last 3 months. Louis has been a seller over the last 12 months, reducing personal holdings by €2.6m.Upcoming Dividend • Apr 19Upcoming dividend of CA$0.64 per shareEligible shareholders must have bought the stock before 26 April 2021. Payment date: 11 May 2021. Trailing yield: 2.2%. Lower than top quartile of German dividend payers (3.1%). Lower than average of industry peers (3.8%).Reported Earnings • Apr 16Second quarter 2021 earnings released: EPS CA$2.16 (vs CA$2.24 in 2Q 2020)The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: CA$634.5m (up 8.2% from 2Q 2020). Net income: CA$102.9m (down 5.9% from 2Q 2020). Profit margin: 16% (down from 19% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth.Is New 90 Day High Low • Mar 10New 90-day high: €78.50The company is up 28% from its price of €61.50 on 10 December 2020. The German market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Media industry, which is up 16% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €150 per share.お知らせ • Feb 25Cogeco Communications Inc. to Report Q2, 2021 Results on Apr 13, 2021Cogeco Communications Inc. announced that they will report Q2, 2021 results After-Market on Apr 13, 2021業績と収益の成長予測DB:COG - アナリストの将来予測と過去の財務データ ( )CAD Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数8/31/20282,7483515891,35828/31/20272,7463545771,24498/31/20262,801350521950102/28/20262,8403164371,013N/A11/30/20252,8793114841,095N/A8/31/20252,9103235291,138N/A5/31/20252,9503275861,192N/A2/28/20252,9693283151,125N/A11/30/20242,9683472921,157N/A8/31/20242,9773363131,175N/A5/31/20242,9723402281,137N/A2/29/20242,9633662611,088N/A11/30/20232,9703702241,006N/A8/31/20232,984392100963N/A5/31/20232,9664111001,001N/A2/28/20232,9534152211,069N/A11/30/20222,944428781,147N/A8/31/20222,9014232601,240N/A5/31/20222,8084152271,203N/A2/28/20222,7044102091,114N/A11/30/20212,6104024381,064N/A8/31/20212,5104024221,019N/A5/31/20212,483396506992N/A2/28/20212,4643915271,010N/A11/30/20202,4163985311,010N/A8/31/20202,384375434918N/A5/31/20202,363372-225276N/A2/29/20202,344378520994N/A11/30/20192,342350N/A964N/A8/31/20192,332340N/A911N/A5/31/20192,314325N/A1,616N/A2/28/20192,294295N/A790N/A11/30/20182,240371N/A788N/A8/31/20182,147375N/A686N/A5/31/20182,133374N/A714N/A2/28/20182,131383N/A782N/A11/30/20172,162302N/A828N/A8/31/20172,227299N/A957N/A5/31/20172,219302N/A872N/A2/28/20172,194-161N/A812N/A11/30/20162,185-176N/A773N/A8/31/20162,176-190N/A745N/A5/31/20162,153-186N/A755N/A2/29/20162,129265N/A771N/A11/30/20152,087262N/A763N/A8/31/20152,043258N/A689N/A5/31/20152,013244N/A747N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: COGの予測収益成長率 (年間3.5% ) は 貯蓄率 ( 1.9% ) を上回っています。収益対市場: COGの収益 ( 3.5% ) German市場 ( 17% ) よりも低い成長が予測されています。高成長収益: COGの収益は増加すると予測されていますが、大幅には増加しません。収益対市場: COGの収益は今後 3 年間で減少すると予想されています (年間-1% )。高い収益成長: COGの収益は今後 3 年間で減少すると予測されています (年間-1% )。一株当たり利益成長率予想将来の株主資本利益率将来のROE: COGの 自己資本利益率 は、3年後には低くなると予測されています ( 8.4 %)。成長企業の発掘7D1Y7D1Y7D1YTelecom 業界の高成長企業。View Past Performance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2026/05/22 01:51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 Communications Inc. 10 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。19 アナリスト機関Phillip HuangBarclaysTim CaseyBMO Capital Markets Equity ResearchMatthew GriffithsBofA Global Research16 その他のアナリストを表示
お知らせ • Apr 10+ 1 more updateCogeco Communications Inc. Revises Guidance for the Fiscal Year 2026Cogeco Communications Inc. revised Earning guidance for the Fiscal Year 2026. For the year, the company expects fiscal 2026 revenue decrease by 2% to 4% compared to decrease by 1% to 3% in previous guidance.
お知らせ • Jul 16Cogeco Communications Inc. Revises Earnings Guidance for the Fiscal Year 2025Cogeco Communications Inc. revised Earnings Guidance for the Fiscal Year 2025. For the year, the company now expects a low single digit decline as compared to the stable revenue projected earlier on October 31, 2024.
お知らせ • Apr 13+ 1 more updateCogeco Communications Inc. Provides Consolidated Earnings Guidance for the Third Quarter of 2024Cogeco Communications Inc. provided consolidated earnings guidance for the third quarter of 2024. For the quarter, the company expects revenue to increase in the low single digit in constant currency to be similar to last year's results.
お知らせ • Nov 02+ 1 more updateCogeco Communications Inc. Provides Revenue Guidance for 2024Cogeco Communications Inc. provided revenue guidance for 2024. For the period, company expects stable revenue.
お知らせ • Jan 13+ 1 more updateCogeco Communications Inc. Revises Revenue Guidance for the Year 2023Cogeco Communications Inc. revised revenue guidance for the year 2023. For the period, the company expects revenue to increase of 0.5% to 2.0% compared to the previous guidance of increase of 2% to 4% provided earlier.
お知らせ • Jul 15Cogeco Communications Inc. Provides Earnings Guidance for the Fiscal Year 2022Cogeco Communications Inc. provided earnings guidance for the fiscal year 2022. The company expects fiscal 2022 revenue and adjusted EBITDA to grow between 3.5% and 5.5%.
Board Change • May 20High number of new directorsThere are 6 new directors who have joined the board in the last 3 years. Independent Director Bart Demosky 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.
お知らせ • Apr 10+ 1 more updateCogeco Communications Inc. Revises Guidance for the Fiscal Year 2026Cogeco Communications Inc. revised Earning guidance for the Fiscal Year 2026. For the year, the company expects fiscal 2026 revenue decrease by 2% to 4% compared to decrease by 1% to 3% in previous guidance.
お知らせ • Mar 12Cogeco Communications Inc. to Report Q2, 2026 Results on Apr 09, 2026Cogeco Communications Inc. announced that they will report Q2, 2026 results After-Market on Apr 09, 2026
お知らせ • Jan 21Cogeco Communications Inc. announces Quarterly dividend, payable on February 11, 2026Cogeco Communications Inc. announced Quarterly dividend of CAD 0.9870 per share payable on February 11, 2026, ex-date on January 28, 2026 and record date on January 28, 2026.
お知らせ • Dec 17Cogeco Communications Inc. to Report Q1, 2026 Results on Jan 14, 2026Cogeco Communications Inc. announced that they will report Q1, 2026 results After-Market on Jan 14, 2026
お知らせ • Nov 12Cogeco Communications Inc., Annual General Meeting, Jan 15, 2026Cogeco Communications Inc., Annual General Meeting, Jan 15, 2026. Location: quebec, montreal Canada
お知らせ • Oct 31+ 1 more updateCogeco Communications Declares Dividend Fourth Quarter of Fiscal 2025 Ended on August 31, 2025Cogeco Communications in its board meeting held on October 29, 2025 declared a quarterly dividend of $0.987 per share, an increase of 7.0% compared to $0.922 per share last year.
お知らせ • Oct 16Cogeco Expands Mobile Service to More Than 350 New Municipalities, Bringing More Choice to CanadiansCogeco Communications Inc. announced a significant rollout of its mobile service, now offering mobility to the majority of its customers across Quebec and Ontario in municipalities such as Niagara, Drummondville, Hamilton, Kingston, Shawinigan, Windsor and Burlington. Following the successful soft launch of Cogeco Mobile in 13 markets in July, this rapid expansion reinforces Cogeco's commitment to bring more choice, value, and simplicity to Canadian consumers.
お知らせ • Sep 25Cogeco Communications Inc. to Report Q4, 2025 Results on Oct 29, 2025Cogeco Communications Inc. announced that they will report Q4, 2025 results After-Market on Oct 29, 2025
お知らせ • Jul 18Cogeco Communications Inc. announces Quarterly dividend, payable on August 12, 2025Cogeco Communications Inc. announced Quarterly dividend of CAD 0.9220 per share payable on August 12, 2025, ex-date on July 29, 2025 and record date on July 29, 2025.
お知らせ • Jul 16Cogeco Communications Inc. Revises Earnings Guidance for the Fiscal Year 2025Cogeco Communications Inc. revised Earnings Guidance for the Fiscal Year 2025. For the year, the company now expects a low single digit decline as compared to the stable revenue projected earlier on October 31, 2024.
お知らせ • Jun 19Cogeco Communications Inc. to Report Q3, 2025 Results on Jul 15, 2025Cogeco Communications Inc. announced that they will report Q3, 2025 results After-Market on Jul 15, 2025
お知らせ • Apr 10Cogeco Communications Inc. Declares Quarterly Eligible DividendAt its April 9, 2025 meeting, the Board of Directors of Cogeco Communications 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 Communications Inc. to Report Q2, 2025 Results on Apr 09, 2025Cogeco Communications Inc. announced that they will report Q2, 2025 results After-Market on Apr 09, 2025
お知らせ • Feb 05Cogeco Communications Inc. announced that it expects to receive CAD 325 million in fundingCogeco Communications Inc. announced a private placement of 4.743% senior secured notes financing for gross proceeds of CAD 325 million on February 04, 2025 The notes carry the interest of 4.743% per annum. The notes are secured, unsubordinated and senior in the transaction. The notes will mature on February 6, 2035. The transaction is expected to close on February 6, 2025.
お知らせ • Nov 11Cogeco Communications Inc., Annual General Meeting, Jan 14, 2025Cogeco Communications Inc., Annual General Meeting, Jan 14, 2025. Location: quebec, montreal Canada
New Risk • Nov 10New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.04% per year for the foreseeable future. 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 expected to decline, then in most cases the share price will decline over time as well. 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 (2.9x net interest cover). Earnings are forecast to decline by an average of 0.04% per year for the foreseeable future.
Declared Dividend • Nov 06Fourth 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 2.9%. Sustainability & Growth Dividend is well covered by both earnings (43% earnings payout ratio) and cash flows (50% cash payout ratio). The dividend has increased by an average of 12% 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. EPS is expected to remain steady over the next 2 years, which should provide adequate earnings cover for the dividend.
Reported Earnings • Nov 01Full year 2024 earnings released: EPS: CA$7.87 (vs CA$8.78 in FY 2023)Full year 2024 results: EPS: CA$7.87 (down from CA$8.78 in FY 2023). Revenue: CA$2.98b (flat on FY 2023). Net income: CA$335.5m (down 14% from FY 2023). Profit margin: 11% (down from 13% in FY 2023). Revenue is forecast to stay flat during the next 3 years compared to a 2.3% growth forecast for the Telecom industry in Germany. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has fallen by 14% per year, which means it is performing significantly worse than earnings.
お知らせ • Sep 17Cogeco Communications Inc. to Report Q4, 2024 Results on Oct 31, 2024Cogeco Communications Inc. announced that they will report Q4, 2024 results After-Market on Oct 31, 2024
Valuation Update With 7 Day Price Move • Jul 19Investor sentiment improves as stock rises 19%After last week's 19% share price gain to €40.80, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 13x in the Telecom industry in Europe. Total loss to shareholders of 42% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €64.93 per share.
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 7.0%, which is higher than the industry average of 2.9%. Sustainability & Growth Dividend is covered by both earnings (42% earnings payout ratio) and cash flows (63% cash payout ratio). The dividend has increased by an average of 11% 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. EPS is expected to grow by 4.5% over the next year, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Jul 12Third quarter 2024 earnings released: EPS: CA$1.68 (vs CA$2.17 in 3Q 2023)Third quarter 2024 results: EPS: CA$1.68 (down from CA$2.17 in 3Q 2023). Revenue: CA$750.6m (up 1.2% from 3Q 2023). Net income: CA$70.4m (down 27% from 3Q 2023). Profit margin: 9.4% (down from 13% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to stay flat during the next 3 years compared to a 1.7% growth forecast for the Telecom industry in Germany. 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 25% per year, which means it is performing significantly worse than earnings.
お知らせ • Jul 12Cogeco Communications Inc. Declares Quarterly Eligible DividendCogeco Communications Inc. at its July 11, 2024 meeting, the Board of Directors of the company declared a quarterly eligible dividend of CAD 0.854 per share, an increase of 10.1% compared to CAD 0.776 per share in the comparable quarter of fiscal 2023.
お知らせ • Jun 06Cogeco Communications Inc. to Report Q3, 2024 Results on Jul 11, 2024Cogeco Communications Inc. announced that they will report Q3, 2024 results After-Market on Jul 11, 2024
お知らせ • Apr 13+ 1 more updateCogeco Communications Inc. Provides Consolidated Earnings Guidance for the Third Quarter of 2024Cogeco Communications Inc. provided consolidated earnings guidance for the third quarter of 2024. For the quarter, the company expects revenue to increase in the low single digit in constant currency to be similar to last year's results.
Reported Earnings • Apr 12Second quarter 2024 earnings released: EPS: CA$2.21 (vs CA$2.21 in 2Q 2023)Second quarter 2024 results: EPS: CA$2.21. Revenue: CA$730.5m (flat on 2Q 2023). Net income: CA$93.7m (down 4.8% from 2Q 2023). Profit margin: 13% (in line with 2Q 2023). Revenue is forecast to stay flat during the next 3 years compared to a 1.6% growth forecast for the Telecom industry in Germany.
Buy Or Sell Opportunity • Mar 26Now 20% undervaluedOver the last 90 days, the stock has risen 2.6% to €40.00. The fair value is estimated to be €50.19, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.0% over the last 3 years. Earnings per share has grown by 2.7%. Revenue is forecast to grow by 0.1% in 2 years. Earnings are forecast to decline by 7.9% in the next 2 years.
お知らせ • Mar 20Cogeco Communications Inc. to Report Q2, 2024 Results on Apr 11, 2024Cogeco Communications 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.
お知らせ • Feb 23Cogeco Communications Inc. announced that it expects to receive CAD 275 million in fundingCogeco Communications Inc. announced a private placement of 6.125% senior unsecured unsubordinated non-convertible notes financing for gross proceeds of CAD 275 million on February 22, 2024. The notes carry the interest of 6.125% per annum. The notes are unsecured, unsubordinated and senior in the transaction. The notes will mature on February 27, 2029. The transaction is expected to close on February 27, 2024.
Upcoming Dividend • Jan 16Upcoming dividend of CA$0.85 per share at 5.6% yieldEligible shareholders must have bought the stock before 23 January 2024. Payment date: 07 February 2024. Payout ratio is a comfortable 38% and this is well supported by cash flows. Trailing yield: 5.6%. Within top quartile of German dividend payers (5.0%). In line with average of industry peers (5.2%).
お知らせ • Jan 13Cogeco Communications Inc. Elects Arun Bajaj to Its Board of DirectorsCogeco Communications Inc. announced that at its Annual and Special Shareholders' Meeting held on January 11, 2024, elected Arun Bajaj to its board of directors.
Reported Earnings • Jan 12First quarter 2024 earnings released: EPS: CA$2.02 (vs CA$2.45 in 1Q 2023)First quarter 2024 results: EPS: CA$2.02 (down from CA$2.45 in 1Q 2023). Revenue: CA$747.7m (down 1.9% from 1Q 2023). Net income: CA$89.5m (down 20% from 1Q 2023). Profit margin: 12% (down from 15% in 1Q 2023). The decrease in margin was primarily driven by lower revenue. Revenue is forecast to stay flat during the next 3 years compared to a 3.9% growth forecast for the Media industry in Germany. Over the last 3 years on average, earnings per share has increased by 3% 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 11Cogeco Communications Inc. Declares Quarterly Eligible DividendAt its January 10, 2024 meeting, the Board of Directors of Cogeco Communications declared a quarterly eligible dividend of $0.854 per share, an increase of 10.1% compared to $0.776 per share in the comparable quarter of fiscal 2023.
お知らせ • Dec 15Cogeco Communications Inc. to Report Q1, 2024 Results on Jan 10, 2024Cogeco Communications Inc. announced that they will report Q1, 2024 results on Jan 10, 2024
New Risk • Dec 14New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 5.6% per year for the foreseeable future. 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 expected to decline, then in most cases the share price will decline over time as well. 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 Debt is not well covered by operating cash flow (19% operating cash flow to total debt). Earnings are forecast to decline by an average of 5.6% per year for the foreseeable future. Minor Risk Dividend is not well covered by cash flows (151% cash payout ratio).
お知らせ • Dec 12Cogeco Communications Inc. (TSX:CCA) announces an Equity Buyback for 2,266,537 shares, representing 5.1% for CAD 116.5 million.Cogeco Communications Inc. (TSX:CCA) announces a share repurchase program. Under the program, the company will repurchase up to 2,266,537 shares, representing 5.1% of its share capital for CAD 116.5 million. The company will repurchase its shares from Cogeco Inc. (TSX:CGO). The repurchases will be funded from company's existing term revolving facility. The shares will be repurchased at CAD 51.40 per share.
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 35% but the company is paying out more than the cash it is generating. Trailing yield: 6.1%. Within top quartile of German dividend payers (5.0%). Higher than average of industry peers (5.4%).
お知らせ • Nov 04Cogeco Communications Inc., Annual General Meeting, Jan 11, 2024Cogeco Communications Inc., Annual General Meeting, Jan 11, 2024.
New Risk • Nov 04New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 5.6% per year for the foreseeable future. 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 expected to decline, then in most cases the share price will decline over time as well. 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 Debt is not well covered by operating cash flow (19% operating cash flow to total debt). Earnings are forecast to decline by an average of 5.6% per year for the foreseeable future. Minor Risk Dividend is not well covered by cash flows (137% cash payout ratio).
Reported Earnings • Nov 03Full year 2023 earnings released: EPS: CA$8.78 (vs CA$9.16 in FY 2022)Full year 2023 results: EPS: CA$8.78 (down from CA$9.16 in FY 2022). Revenue: CA$2.98b (up 2.9% from FY 2022). Net income: CA$392.3m (down 7.3% from FY 2022). Profit margin: 13% (down from 15% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.2% p.a. on average during the next 2 years, compared to a 5.6% growth forecast for the Media industry in Germany. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.
お知らせ • Nov 02+ 1 more updateCogeco Communications Inc. Provides Revenue Guidance for 2024Cogeco Communications Inc. provided revenue guidance for 2024. For the period, company expects stable revenue.
お知らせ • Sep 29Cogeco Communications Inc. to Report Q4, 2023 Results on Nov 01, 2023Cogeco Communications 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.
Upcoming Dividend • Jul 19Upcoming dividend of CA$0.78 per share at 4.6% yieldEligible shareholders must have bought the stock before 26 July 2023. Payment date: 10 August 2023. Payout ratio is a comfortable 31% but the company is paying out more than the cash it is generating. Trailing yield: 4.6%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (6.5%).
New Risk • Jul 16New 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 Risks Debt is not well covered by operating cash flow (20% operating cash flow to total debt). Earnings are forecast to decline by an average of 4.5% per year for the foreseeable future. Minor Risk Dividend is not well covered by cash flows (138% cash payout ratio).
Reported Earnings • Jul 14Third quarter 2023 earnings released: EPS: CA$2.17 (vs CA$2.17 in 3Q 2022)Third quarter 2023 results: EPS: CA$2.17 (down from CA$2.17 in 3Q 2022). Revenue: CA$741.8m (up 1.9% from 3Q 2022). Net income: CA$95.9m (down 4.3% from 3Q 2022). Profit margin: 13% (in line with 3Q 2022). Revenue is forecast to stay flat during the next 3 years compared to a 4.8% growth forecast for the Media industry in Germany. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.
お知らせ • Jul 14Cogeco Communications Inc. Declares A Quarterly Eligible DividendAt its July 13, 2023 meeting, the Board of Directors of Cogeco Communications declared a quarterly eligible dividend of $0.776 per share, an increase of 10.1% compared to $0.705 per share in the comparable quarter of fiscal 2022.
お知らせ • Jun 09Cogeco Communications Inc. to Report Q3, 2023 Results on Jul 13, 2023Cogeco Communications Inc. announced that they will report Q3, 2023 results at 4:00 PM, US Eastern Standard Time on Jul 13, 2023
Upcoming Dividend • Apr 19Upcoming dividend of CA$0.78 per share at 4.7% yieldEligible shareholders must have bought the stock before 26 April 2023. Payment date: 11 May 2023. Payout ratio is a comfortable 32% and this is well supported by cash flows. Trailing yield: 4.7%. Within top quartile of German dividend payers (4.6%). Lower than average of industry peers (6.7%).
Reported Earnings • Apr 15Second quarter 2023 earnings released: EPS: CA$2.21 (vs CA$2.40 in 2Q 2022)Second quarter 2023 results: EPS: CA$2.21 (down from CA$2.40 in 2Q 2022). Revenue: CA$736.6m (up 1.1% from 2Q 2022). Net income: CA$98.4m (down 12% from 2Q 2022). Profit margin: 13% (down from 15% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.0% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Media industry in Germany. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.
お知らせ • Feb 14Cogeco Communications Inc. announced that it expects to receive CAD 300 million in funding from a group of investorsCogeco Communications Inc. announced a private placement of 5.299% senior secured notes due February 16, 2033 co-led by BMO Nesbitt Burns Inc., Canadian Imperial Bank of Commerce, National Bank of Canada for gross proceeds of CAD 300,000,000 on February 13, 2023. The transaction includes participation from Scotia Capital Inc., Desjardins Securities Inc., RBC Dominion Securities Inc., TD Securities Inc., Casgrain & Company Limited, Merrill Lynch Canada, Inc.
Valuation Update With 7 Day Price Move • Jan 19Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to €47.40, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 13x in the Media industry in Germany. Total loss to shareholders of 29% over the past three years.
Upcoming Dividend • Jan 18Upcoming dividend of CA$0.78 per shareEligible shareholders must have bought the stock before 25 January 2023. Payment date: 09 February 2023. Payout ratio is a comfortable 31% but the company is paying out more than the cash it is generating. Trailing yield: 4.5%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (7.1%).
Reported Earnings • Jan 13First quarter 2023 earnings released: EPS: CA$2.45 (vs CA$2.29 in 1Q 2022)First quarter 2023 results: EPS: CA$2.45 (up from CA$2.29 in 1Q 2022). Revenue: CA$762.3m (up 6.1% from 1Q 2022). Net income: CA$111.5m (up 4.4% from 1Q 2022). Profit margin: 15% (in line with 1Q 2022). Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Media industry in Germany. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.
お知らせ • Jan 13+ 1 more updateCogeco Communications Inc. Revises Revenue Guidance for the Year 2023Cogeco Communications Inc. revised revenue guidance for the year 2023. For the period, the company expects revenue to increase of 0.5% to 2.0% compared to the previous guidance of increase of 2% to 4% provided earlier.
お知らせ • Dec 03Cogeco Communications Inc. to Report Q1, 2023 Results on Jan 12, 2023Cogeco Communications Inc. announced that they will report Q1, 2023 results at 4:00 PM, US Eastern Standard Time on Jan 12, 2023
お知らせ • Dec 02Cogeco Communications Inc., Cogeco Inc., Annual General Meeting, Jan 13, 2023Cogeco Communications Inc., Cogeco Inc., Annual General Meeting, Jan 13, 2023, at 11:30 Eastern Standard Time. Location: at the Centre Mont-Royal Montréal Quebec Canada
Recent Insider Transactions • Nov 18Independent Director recently bought €84k worth of stockOn the 14th of November, Robin Bienenstock bought around 2k shares on-market at roughly €53.40 per share. This transaction increased Robin's direct individual holding by 2x at the time of the trade. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold €220k more in shares than they bought in the last 12 months.
お知らせ • Nov 05Cogeco Communications Inc., Annual General Meeting, Jan 13, 2023Cogeco Communications Inc., Annual General Meeting, Jan 13, 2023.
Reported Earnings • Oct 28Full year 2022 earnings released: EPS: CA$9.16 (vs CA$8.47 in FY 2021)Full year 2022 results: EPS: CA$9.16 (up from CA$8.47 in FY 2021). Revenue: CA$2.90b (up 16% from FY 2021). Net income: CA$423.3m (up 5.4% from FY 2021). Profit margin: 15% (down from 16% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.8% p.a. on average during the next 2 years, compared to a 5.0% growth forecast for the Media industry in Germany. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.
お知らせ • Sep 16Cogeco Communications Inc. to Report Q4, 2022 Results on Oct 27, 2022Cogeco Communications Inc. announced that they will report Q4, 2022 results at 4:00 PM, US Eastern Standard Time on Oct 27, 2022
Recent Insider Transactions • Aug 03Independent Director recently bought €57k worth of stockOn the 29th of July, Robin Bienenstock bought around 890 shares on-market at roughly €64.25 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold €530k more in shares than they bought in the last 12 months.
Upcoming Dividend • Jul 19Upcoming dividend of CA$0.70 per shareEligible shareholders must have bought the stock before 26 July 2022. Payment date: 10 August 2022. Payout ratio is a comfortable 31% and this is well supported by cash flows. Trailing yield: 3.4%. Lower than top quartile of German dividend payers (4.5%). Lower than average of industry peers (8.6%).
Reported Earnings • Jul 15Third quarter 2022 earnings released: EPS: CA$2.17 (vs CA$2.02 in 3Q 2021)Third quarter 2022 results: EPS: CA$2.17 (up from CA$2.02 in 3Q 2021). Revenue: CA$728.1m (up 17% from 3Q 2021). Net income: CA$100.3m (up 4.8% from 3Q 2021). Profit margin: 14% (down from 15% in 3Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 5.2%, compared to a 9.0% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
お知らせ • Jul 14+ 1 more updateCogeco Communications Inc. Declares Quarterly DividendAt its July 13, 2022 meeting, the Board of Directors of Cogeco Communications declared a quarterly eligible dividend of $0.705 per share compared to $0.64 per share in the comparable quarter of fiscal 2021.
お知らせ • Jun 04Cogeco Communications Inc. to Report Q3, 2022 Results on Jul 13, 2022Cogeco Communications Inc. announced that they will report Q3, 2022 results After-Market on Jul 13, 2022
Upcoming Dividend • Apr 19Upcoming dividend of CA$0.70 per shareEligible shareholders must have bought the stock before 26 April 2022. Payment date: 11 May 2022. Payout ratio is a comfortable 31% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of German dividend payers (3.9%). Lower than average of industry peers (6.0%).
Reported Earnings • Apr 14Second quarter 2022 earnings released: EPS: CA$2.40 (vs CA$2.16 in 2Q 2021)Second quarter 2022 results: EPS: CA$2.40 (up from CA$2.16 in 2Q 2021). Revenue: CA$728.5m (up 15% from 2Q 2021). Net income: CA$111.3m (up 8.1% from 2Q 2021). Profit margin: 15% (in line with 2Q 2021). Over the next year, revenue is forecast to grow 8.2%, compared to a 8.3% growth forecast for the industry in Germany. 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 10% per year.
お知らせ • Apr 14+ 1 more updateCogeco Communications Inc. Declares Quarterly DividendAt its April 13, 2022 meeting, the Board of Directors of Cogeco Communications declared a quarterly eligible dividend of $0.705 per share compared to $0.64 per share in the comparable quarter of fiscal 2021.
Reported Earnings • Jan 14First quarter 2022 earnings: Revenues in line with analyst expectationsFirst quarter 2022 results: Revenue: CA$718.5m (up 16% from 1Q 2021). Net income: CA$106.8m (flat on 1Q 2021). Profit margin: 15% (down from 17% in 1Q 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 12%, compared to a 6.5% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 12% per year.
Recent Insider Transactions • Nov 18President recently sold €165k worth of stockOn the 15th of November, Philippe Jette sold around 2k shares on-market at roughly €70.63 per share. This was the largest sale by an insider in the last 3 months. This was Philippe's only on-market trade for the last 12 months.
Reported Earnings • Nov 12Full year 2021 earnings releasedThe company reported a solid full year result with improved earnings and revenues, although profit margins were flat. Full year 2021 results: Revenue: CA$2.51b (up 5.3% from FY 2020). Net income: CA$401.5m (up 7.0% from FY 2020). Profit margin: 16% (in line with FY 2020). Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 20% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Sep 15Cogeco Communications Inc. announced that it expects to receive CAD 500 million in fundingCogeco Communications Inc. announced a private placement of 2.991% senior secured notes due September 22, 2031 for gross proceeds of $500,000,000 on September 13, 2021. The notes carries a coupon of 2.991% and will mature on September 22, 2031. The notes will be direct and unsubordinated secured debt obligations of the company and will rank equally and pari passu, with all other secured senior indebtedness. The transaction is expected to close on or about September 20, 2021, subject to customary closing conditions.
Recent Insider Transactions • Aug 11Lead Independent Director recently bought €80k worth of stockOn the 9th of August, James Cherry bought around 1k shares on-market at roughly €80.11 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold €1.3m more in shares than they bought in the last 12 months.
Upcoming Dividend • Jul 20Upcoming dividend of CA$0.64 per shareEligible shareholders must have bought the stock before 27 July 2021. Payment date: 11 August 2021. Trailing yield: 2.1%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (4.0%).
Reported Earnings • Jul 17Third quarter 2021 earnings released: EPS CA$2.02 (vs CA$1.89 in 3Q 2020)The company reported a solid third quarter result with improved earnings and revenues, although profit margins were flat. Third quarter 2021 results: Revenue: CA$624.3m (up 3.1% from 3Q 2020). Net income: CA$95.7m (up 5.4% from 3Q 2020). Profit margin: 15% (in line with 3Q 2020). Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Jul 15Cogeco Communications Inc. Provides Earnings Guidance for the Fiscal Year 2022Cogeco Communications Inc. provided earnings guidance for the fiscal year 2022. The company expects fiscal 2022 revenue and adjusted EBITDA to grow between 3.5% and 5.5%.
Recent Insider Transactions • May 05Executive Chairman of the Board recently sold €1.3m worth of stockOn the 29th of April, Louis Audet sold around 17k shares on-market at roughly €78.25 per share. This was the largest sale by an insider in the last 3 months. Louis has been a seller over the last 12 months, reducing personal holdings by €2.6m.
Upcoming Dividend • Apr 19Upcoming dividend of CA$0.64 per shareEligible shareholders must have bought the stock before 26 April 2021. Payment date: 11 May 2021. Trailing yield: 2.2%. Lower than top quartile of German dividend payers (3.1%). Lower than average of industry peers (3.8%).
Reported Earnings • Apr 16Second quarter 2021 earnings released: EPS CA$2.16 (vs CA$2.24 in 2Q 2020)The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: CA$634.5m (up 8.2% from 2Q 2020). Net income: CA$102.9m (down 5.9% from 2Q 2020). Profit margin: 16% (down from 19% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth.
Is New 90 Day High Low • Mar 10New 90-day high: €78.50The company is up 28% from its price of €61.50 on 10 December 2020. The German market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Media industry, which is up 16% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €150 per share.
お知らせ • Feb 25Cogeco Communications Inc. to Report Q2, 2021 Results on Apr 13, 2021Cogeco Communications Inc. announced that they will report Q2, 2021 results After-Market on Apr 13, 2021