Cogent Communications Holdings, Inc. (CCOI)
Market Cap | 3.67B |
Revenue (ttm) | 976.01M |
Net Income (ttm) | 39.40M |
Shares Out | 47.44M |
EPS (ttm) | 0.82 |
PE Ratio | 94.36 |
Forward PE | n/a |
Dividend | $3.98 (5.15%) |
Ex-Dividend Date | Nov 22, 2024 |
Volume | 1,304,783 |
Open | 74.04 |
Previous Close | 74.92 |
Day's Range | 74.04 - 77.57 |
52-Week Range | 50.80 - 86.76 |
Beta | 0.37 |
Analysts | Buy |
Price Target | 82.00 (+6.03%) |
Earnings Date | Nov 7, 2024 |
About CCOI
Cogent Communications Holdings, Inc., through its subsidiaries, provides high-speed Internet access, private network, and data center colocation space services in North America, Europe, Oceania, South America, and Africa. The company offers on-net Internet access and private network services to law firms, financial services firms, and advertising and marketing firms, as well as heath care providers, educational institutions and other professional services businesses, other Internet service providers, telephone companies, cable television compan... [Read more]
Financial Performance
In 2023, CCOI's revenue was $890.72 million, an increase of 52.47% compared to the previous year's $584.20 million. Earnings were $1.27 billion, an increase of 24646.23%.
Financial StatementsAnalyst Forecast
According to 11 analysts, the average rating for CCOI stock is "Buy." The 12-month stock price forecast is $82.0, which is an increase of 6.03% from the latest price.
News
Cogent Communications CEO to Present at Four Upcoming Conferences
WASHINGTON , Nov. 22, 2024 /PRNewswire/ -- Cogent Communications Holdings, Inc.("Cogent") (NASDAQ: CCOI), one of the largest Internet service providers in the world, today announced that Dave Schaeffe...
8 Upcoming Dividend Increases
Eight dividend contenders are increasing their dividends this week, with an average increase of 7.1% and a median of 4.4%. My strategy focuses on buying, holding, and adding to companies with consiste...
Cogent Communications CEO to Present at an Upcoming Conference
WASHINGTON , Nov. 11, 2024 /PRNewswire/ -- Cogent Communications Holdings, Inc.("Cogent") (NASDAQ: CCOI), one of the largest Internet service providers in the world, today announced that Dave Schaeffe...
Cogent Communications Holdings, Inc. (CCOI) Q3 2024 Earnings Call Transcript
Cogent Communications Holdings, Inc. (NASDAQ:CCOI) Q3 2024 Earnings Conference Call November 7, 2024 8:30 AM ET Company Participants Dave Schaeffer – Founder and Chief Executive Officer Tad Weed – Ch...
Cogent Communications Reports Third Quarter 2024 Results and Increases its Regular Quarterly Dividend on its Common Stock
Financial and Business Highlights Service revenue was $260.4 million for Q2 2024 and was $257.2 million for Q3 2024. Wavelength revenue increased by 45.8%, sequentially, and was $3.6 million for Q2 20...
Cogent Communications to Host Third Quarter 2024 Earnings Call on November 7, 2024
WASHINGTON , Oct. 22, 2024 /PRNewswire/ -- Cogent Communications Holdings, Inc. ("Cogent") (NASDAQ: CCOI) will host a conference call at 8:30 a.m. (ET) on November 7, 2024 to present Cogent's operatin...
Cogent Communications CEO to Present at Two Upcoming Conferences
WASHINGTON , Sept. 12, 2024 /PRNewswire/ -- Cogent Communications Holdings, Inc.("Cogent") (NASDAQ: CCOI), one of the largest Internet service providers in the world, today announced that Dave Schaeff...
Cogent Communications CEO to Present at Three Upcoming Conferences
WASHINGTON , Aug. 22, 2024 /PRNewswire/ -- Cogent Communications Holdings, Inc.("Cogent") (NASDAQ: CCOI), one of the largest Internet service providers in the world, today announced that Dave Schaeffe...
Cogent Communications Faces Setback: Analyst Downgrades Stock Due To Delayed Growth
On Monday, Cogent Communications Holdings Inc CCOI received a price target increase from Citigroup analyst Michael Rollins.
Wall Street's Most Accurate Analysts Spotlight On 3 Tech And Telecom Stocks Delivering High-Dividend Yields
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high...
Cogent Communications To Rally Around 12%? Here Are 10 Top Analyst Forecasts For Monday
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.
Cogent Communications Reports Second Quarter 2024 Results and Increases its Regular Quarterly Dividend on its Common Stock
Financial and Business Highlights Service revenue was $239.8 million for Q2 2023 and was $260.4 million for Q2 2024. EBITDA margin was 6.9% for Q1 2024 and 10.4% for Q2 2024.
Webcast Change for Cogent Communications CEO's Presentation at an Upcoming Conference
WASHINGTON , Aug. 1, 2024 /PRNewswire/ -- Cogent Communications Holdings, Inc.("Cogent") (NASDAQ: CCOI), one of the largest Internet service providers in the world, today announced a change in the web...
Cogent Communications to Host Second Quarter 2024 Earnings Call on August 8, 2024
WASHINGTON , July 17, 2024 /PRNewswire/ -- Cogent Communications Holdings, Inc. ("Cogent") (NASDAQ: CCOI) will host a conference call at 8:30 a.m. (ET) on August 8, 2024 to present Cogent's operating ...
Wall Street's Most Accurate Analysts Weigh In On 3 Tech And Telecom Stocks With Over 6% Dividend Yields
During times of turbulence and uncertainty in the markets, even when markets are at all-time highs, many investors turn to dividend-yielding stocks. These are often companies that have high free cash ...
Cogent Communications: Enjoy Attractive Dividend Yield While The Business Grows Steadily
Cogent Communications is recommended as a buy due to the positive demand outlook and strong secular tailwinds. CCOI provides internet access to corporates, data centers, and enterprises, with potentia...
Cogent Launches Notes Offering
WASHINGTON , June 5, 2024 /PRNewswire/ -- Cogent Communications Holdings, Inc. (NASDAQ: CCOI) (the "Company" or "Cogent") today announced that two of its wholly owned subsidiaries, Cogent Communicatio...
Cogent Communications Holdings, Inc. (CCOI) Q1 2024 Earnings Call Transcript
Cogent Communications Holdings, Inc. (NASDAQ:CCOI) Q1 2024 Earnings Conference Call May 9, 2024 8:30 AM ET Company Participants Dave Schaeffer - CEO Thaddeus Weed - CFO Conference Call Participants S...
Cogent Communications Reports First Quarter 2024 Results and Increases its Regular Quarterly Dividend on its Common Stock
Financial and Business Highlights Service revenue for Q1 2024 was $266.2 million and $272.1 million for Q4 2023. Wavelength revenue increased sequentially by 7.0% to $3.3 million for Q1 2024.
Cogent Announces IPv4 Address Securitization Offering
WASHINGTON , April 25, 2024 /PRNewswire/ -- Cogent Communications Holdings, Inc. (NASDAQ: CCOI) (the "Company" or "Cogent") yesterday announced that a special-purpose, bankruptcy remote, indirect whol...
Cogent Communications to Host First Quarter 2024 Earnings Call on May 9, 2024
WASHINGTON , April 18, 2024 /PRNewswire/ -- Cogent Communications Holdings, Inc. ("Cogent") (NASDAQ: CCOI) will host a conference call at 8:30 a.m. (ET) on May 9, 2024 to present Cogent's operating re...
Cogent Communications Holdings, Inc. (CCOI) Q4 2023 Earnings Call Transcript
Cogent Communications Holdings, Inc. (CCOI) Q4 2023 Earnings Call Transcript
Cogent Communications Reports Fourth Quarter and Full Year 2023 Results and Increases its Regular Quarterly Dividend on its Common Stock
Financial and Business Highlights The gain on bargain purchase from the Sprint acquisition was $254.0 million for Q4 2023 and was $1.4 billion for full year 2023. Included in the gain on bargain purch...