Cogent Communications Holdings, Inc. (CCOI)
| Market Cap | 3.05B |
| Revenue (ttm) | 940.92M |
| Net Income (ttm) | 1.27B |
| Shares Out | 47.43M |
| EPS (ttm) | 26.62 |
| PE Ratio | 2.42 |
| Forward PE | n/a |
| Dividend | $3.86 (6.00%) |
| Ex-Dividend Date | Mar 14, 2024 |
| Volume | 337,423 |
| Open | 64.74 |
| Previous Close | 64.51 |
| Day's Range | 64.27 - 65.59 |
| 52-Week Range | 57.35 - 86.00 |
| Beta | 0.38 |
| Analysts | Hold |
| Price Target | 80.86 (+25.72%) |
| Earnings Date | May 9, 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 $940.92 million, an increase of 56.92% compared to the previous year's $599.60 million. Earnings were $1.27 billion, an increase of 24646.23%.
Financial StatementsAnalyst Forecast
According to 8 analysts, the average rating for CCOI stock is "Hold." The 12-month stock price forecast is $80.86, which is an increase of 25.72% from the latest price.
News
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 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...
Cogent Communications CEO to Present at an Upcoming Conference
WASHINGTON , Feb. 26, 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 to Host Fourth Quarter and Full Year 2023 Earnings Call on February 29, 2024
WASHINGTON , Feb. 7, 2024 /PRNewswire/ -- Cogent Communications Holdings, Inc. ("Cogent") (NASDAQ: CCOI) will host a conference call at 8:30 a.m. (ET) on February 29, 2024 to present Cogent's operatin...
Cogent Communications CEO to Present at Two Upcoming Conferences
WASHINGTON , Nov. 20, 2023 /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 CEO to Present at Three Upcoming Conferences
WASHINGTON , Nov. 10, 2023 /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 Reports Third Quarter 2023 Results and Increases its Regular Quarterly Dividend on its Common Stock
Financial and Business Highlights Service revenue increased from Q2 2023 to Q3 2023 by 14.9% to $275.4 million and increased from Q3 2022 to Q3 2023 by 83.6%. Service revenue, on a constant currency b...
Cogent Communications to Host Third Quarter 2023 Earnings Call on November 9th, 2023
WASHINGTON , Oct. 17, 2023 /PRNewswire/ -- Cogent Communications Holdings, Inc. ("Cogent") (NASDAQ: CCOI) will host a conference call at 8:30 a.m. (ET) on November 9, 2023 to present Cogent's operatin...
Time Change for Cogent Communications CEO's Presentation at an Upcoming Conference
WASHINGTON , Oct. 2, 2023 /PRNewswire/ -- Cogent Communications Holdings, Inc. ("Cogent") (NASDAQ: CCOI), one of the largest Internet service providers in the world, today announced a time change for ...
Cogent Communications Reports Second Quarter 2023 Results Including the Sprint Wireline Business, Records a $1.2 Billion Gain on Bargain Purchase, Records Basic Earnings per Share of $23.84 and Increases its Regular Quarterly Dividend on its Common Stock
Financial and Business Highlights On May 1, 2023 Cogent completed its acquisition of the U.S. long-haul fiber network (including the non-U.S. extensions thereof) of the wireline business of Sprint Com...
Wall Street's Most Accurate Analysts Say Buy These 3 Tech And Telecom Stocks Delivering High-Dividend Yields - Interpublic Gr of Cos (NYSE:IPG), Cogent Comms Hldgs (NASDAQ:CCOI)
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 Host Second Quarter 2023 Earnings Call on August 10th, 2023
WASHINGTON , July 28, 2023 /PRNewswire/ -- Cogent Communications Holdings, Inc. ("Cogent") (NASDAQ: CCOI) will host a conference call at 8:30 a.m. (ET) on August 10, 2023 to present Cogent's operating...
Wall Street's Most Accurate Analysts Say Buy These 3 Tech And Telecom Stocks With Over 3% Dividend Yields - Interpublic Gr of Cos (NYSE:IPG), Cogent Comms Hldgs (NASDAQ:CCOI)
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...
These 4 Dividends Are Flexing Their Relative Muscles
A select group of income heroes are displaying notable “relative strength” right now.
Cogent Communications Closes its Acquisition of the Sprint Wireline Business, Reports First Quarter 2023 Results and Increases its Regular Quarterly Dividend on its Common Stock
Financial and Business Highlights On May 1, 2023 Cogent completed its acquisition of the U.S. long-haul fiber network (including the non-U.S. extensions thereof) of the wireline business of Sprint Com...
Cogent Communications Announces Closing of Acquisition of T-Mobile's Wireline Business
WASHINGTON , May 1, 2023 /PRNewswire/ -- Cogent Communications Holdings, Inc. ("Cogent") (NASDAQ: CCOI) today announced that it has closed the previously announced acquisition of T-Mobile's Wireline B...
Cogent Communications to Host First Quarter 2023 Earnings Call on May 4th, 2023
WASHINGTON , April 13, 2023 /PRNewswire/ -- Cogent Communications Holdings, Inc. ("Cogent") (NASDAQ: CCOI) will host a conference call at 8:30 a.m. (ET) on May 4, 2023 to present Cogent's operating re...
Cogent Communications Reports Fourth Quarter and Full Year 2022 Results and Increases its Regular Quarterly Dividend on its Common Stock
Financial and Business Highlights Cogent approved an increase of $0.01 per share to its regular quarterly dividend for a total of $0.925 per share for Q1 2023 as compared to $0.915 per share for Q4 20...
Cogent Communications to Host Fiscal Year 2022 Earnings Call on February 23, 2023
WASHINGTON , Feb. 1, 2023 /PRNewswire/ -- Cogent Communications Holdings, Inc. ("Cogent") (NASDAQ: CCOI) will host a conference call at 8:30 a.m. (ET) on February 23, 2023 to present Cogent's operatin...
Cogent Communications Reports Third Quarter 2022 Results and Increases its Regular Quarterly Dividend on its Common Stock
WASHINGTON , Nov. 3, 2022 /PRNewswire/ -- Financial and Business Highlights Cogent approved an increase of $0.01 per share to its regular quarterly dividend for a total of $0.915 per share for Q4 2022...
Cogent Communications to Host Third Quarter 2022 Earnings Call on November 3rd, 2022
WASHINGTON , Oct. 12, 2022 /PRNewswire/ -- Cogent Communications Holdings, Inc. ("Cogent") (NASDAQ: CCOI) will host a conference call at 8:30 a.m. (ET) on November 3, 2022 to present Cogent's operatin...
Jim Simons Likes Cogent, But Can We Trust Its Dividend?
If you run a stock screener for corporations paying a dividend of more than 6% that have a GF Score of more than 80, you'll get back a relatively short list. Cogent Communications Holdings Inc. ( CCOI...
10 High-Paying Dividend Stocks Yielding 5% or More
The dividend yield on the S&P 500 has been hovering near its lowest level in roughly two decades for some time now, and while it's starting to move higher, it's still at a paltry 1.7%. So what are yie...
Time Change for Cogent Communications Presentation at Upcoming Conference
WASHINGTON , Sept. 9, 2022 /PRNewswire/ -- Cogent Communications Holdings, Inc. ("Cogent") (NASDAQ: CCOI), one of the largest Internet service providers in the world, today announced a time change for...