Cogeco Communications (COG) 주식 개요는 캐나다와 미국에서 통신 회사로 운영되고 있습니다. 자세히 보기COG 펀더멘털 분석스노우플레이크 점수가치 평가5/6미래 성장1/6과거 실적2/6재무 건전성1/6배당6/6강점공정 가치 추정치보다 낮은 75.3% 에서 거래수익은 매년 3.51% 증가할 것으로 예상됩니다.6.12% 의 높고 안정적인 배당금을 지급합니다.동종업계 및 업계 대비 좋은 가치로 거래위험 분석이자 지급액이 수익으로 잘 충당되지 않음모든 위험 점검 보기COG Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair Value€Current Price€40.0043.4% 고평가 내재 할인율Growth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-161m3b2016201920222025202620282031Revenue CA$2.7bEarnings CA$300.5mAdvancedSet Fair ValueView all narrativesCogeco Communications Inc. 경쟁사Kazakhtelecom JSCSymbol: DB:KZTAMarket cap: €455.3bUnited InternetSymbol: XTRA:UTDIMarket cap: €4.6bTelefónica Deutschland HoldingSymbol: HMSE:O2DMarket cap: €6.1bVantage TowersSymbol: HMSE:VTWRMarket cap: €19.3b가격 이력 및 성과Cogeco Communications 주가의 최고가, 최저가 및 변동 요약과거 주가현재 주가CA$40.0052주 최고가CA$48.0052주 최저가CA$37.80베타0.651개월 변동1.52%3개월 변동-6.98%1년 변동-7.83%3년 변동-9.91%5년 변동-49.69%IPO 이후 변동158.06%최근 뉴스 및 업데이트Board 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.공시 • 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.공시 • 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, 2026공시 • 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.공시 • 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, 2026공시 • Nov 12Cogeco Communications Inc., Annual General Meeting, Jan 15, 2026Cogeco Communications Inc., Annual General Meeting, Jan 15, 2026. Location: quebec, montreal Canada더 많은 업데이트 보기Recent 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.공시 • 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.공시 • 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, 2026공시 • 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.공시 • 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, 2026공시 • Nov 12Cogeco Communications Inc., Annual General Meeting, Jan 15, 2026Cogeco Communications Inc., Annual General Meeting, Jan 15, 2026. Location: quebec, montreal Canada공시 • 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.공시 • 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.공시 • 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, 2025공시 • 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.공시 • 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.공시 • 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, 2025공시 • 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.공시 • 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, 2025공시 • 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.공시 • 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.공시 • 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.공시 • 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.공시 • 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, 2024공시 • 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.공시 • 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, 2024공시 • 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.공시 • 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.공시 • 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%).공시 • 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.공시 • 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.공시 • 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).공시 • 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%).공시 • 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.공시 • 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.공시 • 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, 2023공시 • 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.공시 • 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.공시 • 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.공시 • 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.공시 • 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.공시 • 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.공시 • 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, 2023공시 • 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.공시 • 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.공시 • 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.공시 • 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.공시 • 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.공시 • 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.공시 • 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.공시 • 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.공시 • 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, 2021주주 수익률COGDE TelecomDE 시장7D2.6%3.7%0.6%1Y-7.8%-12.7%0.2%전체 주주 수익률 보기수익률 대 산업: COG은 지난 1년 동안 -12.7%의 수익을 기록한 German Telecom 산업보다 더 좋은 성과를 냈습니다.수익률 대 시장: COG은 지난 1년 동안 0.2%를 기록한 German 시장보다 저조한 성과를 냈습니다.주가 변동성Is COG's price volatile compared to industry and market?COG volatilityCOG Average Weekly Movement4.2%Telecom Industry Average Movement4.2%Market Average Movement6.1%10% most volatile stocks in DE Market13.2%10% least volatile stocks in DE Market2.7%안정적인 주가: COG는 지난 3개월 동안 German 시장에 비해 주가 변동성이 크지 않았습니다.시간에 따른 변동성: COG의 주간 변동성(4%)은 지난 1년 동안 안정적이었습니다.회사 소개설립직원 수CEO웹사이트19573,926Fred Perroncorpo.cogeco.com/cca/en는 캐나다와 미국에서 통신 회사로 운영되고 있습니다. 이 회사는 캐나다 통신과 미국 통신의 두 부문으로 운영됩니다. 이 회사는 양방향 광대역 광케이블 네트워크를 통해 가정용 및 소규모 비즈니스 고객에게 인터넷, 비디오, 무선 및 유선 전화 서비스를 제공합니다.더 보기Cogeco Communications Inc. 기초 지표 요약Cogeco Communications의 순이익과 매출은 시가총액과 어떻게 비교됩니까?COG 기초 통계시가총액€1.69b순이익 (TTM)€197.41m매출 (TTM)€1.77b8.6x주가수익비율(P/E)1.0x주가매출비율(P/S)COG는 고평가되어 있습니까?공정 가치 및 평가 분석 보기순이익 및 매출최근 실적 보고서(TTM)의 주요 수익성 지표COG 손익계산서 (TTM)매출CA$2.84b매출원가CA$1.41b총이익CA$1.43b기타 비용CA$1.12b순이익CA$316.00m최근 보고된 실적Feb 28, 2026다음 실적 발표일해당 없음주당순이익(EPS)7.52총이익률50.45%순이익률11.13%부채/자본 비율119.8%COG의 장기 실적은 어땠습니까?과거 실적 및 비교 보기배당6.1%현재 배당 수익률51%배당 성향View Valuation기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/21 18:52종가2026/05/21 00:00수익2026/02/28연간 수익2025/08/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Cogeco Communications Inc.는 19명의 분석가가 다루고 있습니다. 이 중 10명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Phillip HuangBarclaysTim CaseyBMO Capital Markets Equity ResearchMatthew GriffithsBofA Global Research16명의 분석가 더 보기
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.
공시 • 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.
공시 • 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
공시 • 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.
공시 • 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
공시 • Nov 12Cogeco Communications Inc., Annual General Meeting, Jan 15, 2026Cogeco Communications Inc., Annual General Meeting, Jan 15, 2026. Location: quebec, montreal Canada
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.
공시 • 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.
공시 • 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
공시 • 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.
공시 • 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
공시 • Nov 12Cogeco Communications Inc., Annual General Meeting, Jan 15, 2026Cogeco Communications Inc., Annual General Meeting, Jan 15, 2026. Location: quebec, montreal Canada
공시 • 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.
공시 • 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.
공시 • 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
공시 • 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.
공시 • 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.
공시 • 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
공시 • 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.
공시 • 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
공시 • 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.
공시 • 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.
공시 • 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.
공시 • 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.
공시 • 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
공시 • 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.
공시 • 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
공시 • 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.
공시 • 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.
공시 • 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%).
공시 • 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.
공시 • 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.
공시 • 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).
공시 • 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%).
공시 • 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.
공시 • 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.
공시 • 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
공시 • 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.
공시 • 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.
공시 • 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.
공시 • 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.
공시 • 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.
공시 • 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.
공시 • 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
공시 • 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.
공시 • 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.
공시 • 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.
공시 • 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.
공시 • 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.
공시 • 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.
공시 • 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.
공시 • 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.
공시 • 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
