Cogent Communications Holdings, Inc. (CCOI)

NASDAQ: CCOI · Real-Time Price · USD
83.66
+2.26 (2.77%)
Nov 21, 2024, 3:29 PM EST - Market open
2.77%
Market Cap 3.97B
Revenue (ttm) 976.01M
Net Income (ttm) 39.40M
Shares Out 47.44M
EPS (ttm) 0.82
PE Ratio 102.01
Forward PE n/a
Dividend $3.94 (4.71%)
Ex-Dividend Date Aug 22, 2024
Volume 227,615
Open 81.53
Previous Close 81.40
Day's Range 81.27 - 84.16
52-Week Range 50.80 - 86.76
Beta 0.38
Analysts Buy
Price Target 82.00 (-1.98%)
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]

Founded 1999
Employees 1,947
Stock Exchange NASDAQ
Ticker Symbol CCOI
Full Company Profile

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 Statements

Analyst Forecast

According to 11 analysts, the average rating for CCOI stock is "Buy." The 12-month stock price forecast is $82.0, which is a decrease of -1.98% from the latest price.

Price Target
$82.0
(-1.98% downside)
Analyst Consensus: Buy
Stock Forecasts

News

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...

6 days ago - Seeking Alpha

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...

10 days ago - PRNewsWire

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...

13 days ago - Seeking Alpha

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...

14 days ago - PRNewsWire

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...

4 weeks ago - PRNewsWire

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...

2 months ago - PRNewsWire

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...

3 months ago - PRNewsWire

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.

3 months ago - Benzinga

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...

Other symbols: IPGVZ
3 months ago - Benzinga

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.

3 months ago - Benzinga

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.

3 months ago - PRNewsWire

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...

4 months ago - PRNewsWire

Cogent Communications CEO to Present at Four Upcoming Conferences

WASHINGTON , July 25, 2024 /PRNewswire/ -- Cogent Communications Holdings, Inc.("Cogent") (NASDAQ: CCOI), one of the largest Internet service providers in the world, today announced that Dave Schaeffe...

4 months ago - PRNewsWire

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 ...

4 months ago - PRNewsWire

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 ...

Other symbols: GTNSBGI
4 months ago - Benzinga

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...

5 months ago - Seeking Alpha

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...

6 months ago - PRNewsWire

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...

6 months ago - Seeking Alpha

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.

7 months ago - PRNewsWire

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...

7 months ago - PRNewsWire

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...

7 months ago - PRNewsWire

39 Upcoming Dividend Increases Including 2 Dividend Kings

Thirty-nine companies, including Coca-Cola and Telephone and Data Systems, are raising their dividends.

9 months ago - Seeking Alpha

Cogent Communications Holdings, Inc. (CCOI) Q4 2023 Earnings Call Transcript

Cogent Communications Holdings, Inc. (CCOI) Q4 2023 Earnings Call Transcript

9 months ago - Seeking Alpha

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...

9 months ago - PRNewsWire

My Dividend Growth Income: January 2024 Update

I experienced a slowdown in new invested capital due to life changes recently and suffered from some unfortunate dividend announcements in my portfolio.

9 months ago - Seeking Alpha