Cogent Communications/CCOI

$63.03

0.04%
-
1D1W1MYTD1YMAX

About Cogent Communications

Cogent Communications Holdings, Inc. is a facilities-based provider of Internet access, private network services and data center colocation space and power. The Company’s network is specifically designed and optimized to transmit packet routed data. The Company, through its own facilities, offers on-net Internet access services to customers located in buildings that are physically connected to its network. Its on-net service consists of high-speed Internet access and private network services offered at speeds ranging from megabits per second (Mbps) to gigabits per second (Gbps). The Company delivers its services on its network in 54 countries across North America, Europe, Asia, South America, Oceania and Africa. Its corporate customers are located in multi-tenant office buildings (MTOBs), which typically include law firms, financial services firms, advertising and marketing firms, as well as health care providers, educational institutions and other professional services businesses.

Ticker

CCOI

Sector

Technology

Trading on

NASDAQ

Industry

Communications Services

CEO

David Schaeffer

Employees

1,947

Headquarters

Washington, United States

CCOI Metrics

BasicAdvanced
$3.09B
Market cap
2.36
P/E ratio
$26.70
EPS
0.38
Beta
$3.76
Dividend rate
6.13%
Dividend yield
$3.09B
0.38152
$86.00
$57.35
434.19K
$3.76
1.376
224.017
246.407
14.26%
3.78
-1.93%
60.35%
2,802.19%
68.34%
2.359
3.283
5.024
22.593
4.73%
5.97%
6.13%
56.92%
22,971.9%
18.32%
482.68%
10.66%

What the Analysts think about CCOI

Analyst Ratings

Majority rating from 10 analysts.
Buy

Price Targets

Average projection from 8 analysts.
29.91% upside
High $100.00
Low $62.00
$63.03
Current price
$81.88
Average price target

CCOI Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
73.53% profit margin
QuarterlyAnnual
Q4 23
QoQ growth
Revenue
$272.1M
-1.2%
Net income
$200.1M
-452.91%
Profit margin
73.53%
-457.29%

CCOI Earnings Performance

Earnings per share (EPS)

Company profitability
Beat by 586.14%
QuarterlyAnnual
Q1 23
Q2 23
Q3 23
Q4 23
Q1 24
Actual
$0.13
$23.65
-$1.20
$4.17
-
Expected
$0.15
$0.01
-$0.99
-$0.86
-$1.17
Surprise
-14.17%
354,632.26%
21.46%
-586.14%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

Upcoming events

FAQs

What’s the current market cap for Cogent Communications stock?

Cogent Communications (CCOI) has a market cap of $3.09B as of April 15, 2024.

What is the P/E ratio for Cogent Communications stock?

The price to earnings (P/E) ratio for Cogent Communications (CCOI) stock is 2.36 as of April 15, 2024.

Does Cogent Communications stock pay dividends?

Yes, the Cogent Communications (CCOI) stock pays dividends to shareholders. As of April 15, 2024, the dividend rate is $3.76 and the yield is 6.13%. Cogent Communications has a payout ratio of 14.26% on a trailing twelve-month basis.

When is the next Cogent Communications dividend payment date?

The next Cogent Communications (CCOI) dividend payment date is unconfirmed.

What is the beta indicator for Cogent Communications?

Cogent Communications (CCOI) has a beta rating of 0.38. This means that it is less volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 0.5 would mean it moves half as much as the market.

What is the Cogent Communications stock price target?

The target price for Cogent Communications (CCOI) stock is $81.88, which is 29.91% above the current price of $63.03. This is an average based on projections from 8 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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