Cogent Communications Holdings, Inc. (CCOI)

NASDAQ: CCOI · IEX Real-Time Price · USD
64.34
+0.49 (0.77%)
Sep 27, 2023, 4:00 PM EDT - Market closed
0.77%
Market Cap 3.15B
Revenue (ttm) 695.38M
Net Income (ttm) 1.12B
Shares Out 48.88M
EPS (ttm) 23.63
PE Ratio 2.72
Forward PE 53.19
Dividend $3.78 (5.88%)
Ex-Dividend Date Aug 23, 2023
Volume 277,367
Open 63.86
Previous Close 63.85
Day's Range 63.86 - 64.62
52-Week Range 46.75 - 75.00
Beta 0.42
Analysts Buy
Price Target 71.55 (+11.21%)
Earnings Date Nov 2, 2023

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, Asia, South America, Australia, 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 televisio... [Read more]

Founded 1999
Employees 1,076
Stock Exchange NASDAQ
Ticker Symbol CCOI
Full Company Profile

Financial Performance

In 2022, CCOI's revenue was $599.60 million, an increase of 1.66% compared to the previous year's $589.80 million. Earnings were $5.15 million, a decrease of -89.32%.

Financial Statements

Analyst Forecast

According to 11 analysts, the average rating for CCOI stock is "Buy." The 12-month stock price forecast is $71.55, which is an increase of 11.21% from the latest price.

Price Target
$71.55
(11.21% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Cogent Communications CEO to Present at Two Upcoming Conferences

WASHINGTON , Sept. 25, 2023 /PRNewswire/ -- Cogent Communications Holdings, Inc.("Cogent") (NASDAQ: CCOI), one of the largest Internet service providers in the world, today announced that Dave Schaeff...

2 days ago - PRNewsWire

Cogent Communications CEO to Present at an Upcoming Conference

WASHINGTON , Aug. 31, 2023 /PRNewswire/ -- Cogent Communications Holdings, Inc.("Cogent") (NASDAQ: CCOI), one of the largest Internet service providers in the world, today announced that Dave Schaeffe...

27 days ago - PRNewsWire

Meta, Alphabet and 10 under-the-radar media stocks expected to soar

The media landscape is going through a difficult transition, and it isn't only because streaming is such a tricky business.

4 weeks ago - Market Watch

2 Mid-Cap Telecom Stocks Offering Superior Returns

Telecom stocks have long been popular value plays for investors seeking a superior dividend yield with a modestly conservative investment approach. Household names like Comcast NASDAQ: CMCSA, T-Mobile...

Other symbols: TDS
5 weeks ago - MarketBeat

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...

6 weeks ago - PRNewsWire

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...

Other symbols: IPGNXST
7 weeks ago - Benzinga

Cogent Communications CEO to Present at Three Upcoming Conferences

WASHINGTON , Aug. 1, 2023 /PRNewswire/ -- Cogent Communications Holdings, Inc.("Cogent") (NASDAQ: CCOI), one of the largest Internet service providers in the world, today announced that Dave Schaeffer...

2 months ago - PRNewsWire

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...

2 months ago - PRNewsWire

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...

Other symbols: IPGNXST
3 months ago - Benzinga

These 4 Dividends Are Flexing Their Relative Muscles

A select group of income heroes are displaying notable “relative strength” right now.

Other symbols: EIXMDCWEN
4 months ago - Forbes

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...

5 months ago - PRNewsWire

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...

5 months ago - PRNewsWire

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...

5 months ago - PRNewsWire

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...

7 months ago - PRNewsWire

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...

8 months ago - PRNewsWire

Time Change for Cogent Communications CEO's Presentation at an Upcoming Conference

WASHINGTON , Jan. 4, 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 ...

9 months ago - PRNewsWire

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...

11 months ago - PRNewsWire

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...

1 year ago - PRNewsWire

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...

1 year ago - GuruFocus

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...

Other symbols: DEIFANGHBILPGLYBNYCBPM
1 year ago - Kiplinger

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...

1 year ago - PRNewsWire

Cogent Communications to acquire T-Mobile's wireline business

Cogent Communications Holdings Inc said on Wednesday it would acquire T-Mobile US Inc's wireline business for an undisclosed amount.

Other symbols: TMUS
1 year ago - Reuters

Cogent Announces Definitive Agreement to Acquire T-Mobile's Wireline Business

WASHINGTON , Sept. 7, 2022 /PRNewswire/ -- Cogent Communications Holdings, Inc. (NASDAQ: CCOI) ("Cogent") announced today that it has entered into a definitive agreement to acquire T-Mobile's Wireline...

1 year ago - PRNewsWire

Cogent Communications Reports Second Quarter 2022 Results and Increases its Regular Quarterly Dividend on its Common Stock by $0.025

Financial and Business Highlights Cogent approved an increase of $0.025 per share to its regular quarterly dividend for a total of $0.905 per share for Q3 2022 as compared to $0.880 per share for Q2 2...

1 year ago - PRNewsWire

Cogent Communications to Host Second Quarter 2022 Earnings Call on August 4th, 2022

WASHINGTON , July 14, 2022 /PRNewswire/ -- Cogent Communications Holdings, Inc. ("Cogent") (NASDAQ: CCOI) will host a conference call at 4:30 p.m. (ET) on August 4, 2022 to present Cogent's operating ...

1 year ago - PRNewsWire