Q1 2025 EPS Estimates for Cogent Communications Holdings, Inc. Decreased by Analyst (NASDAQ:CCOI)

Cogent Communications Holdings, Inc. (NASDAQ:CCOI) – Research analysts at Zacks Research reduced their Q1 2025 earnings per share estimates for Cogent Communications in a report issued on Tuesday, October 8th. Zacks Research analyst R. Department now expects that the technology company will earn ($1.19) per share for the quarter, down from their prior forecast of ($1.16). The consensus estimate for Cogent Communications’ current full-year earnings is ($4.46) per share. Zacks Research also issued estimates for Cogent Communications’ Q3 2025 earnings at ($0.89) EPS, Q4 2025 earnings at ($0.83) EPS, FY2025 earnings at ($4.01) EPS, Q1 2026 earnings at ($0.54) EPS, Q2 2026 earnings at ($0.48) EPS, Q3 2026 earnings at ($0.26) EPS and FY2026 earnings at ($1.44) EPS.

Cogent Communications (NASDAQ:CCOI) last posted its earnings results on Thursday, August 8th. The technology company reported ($0.68) EPS for the quarter, topping analysts’ consensus estimates of ($1.27) by $0.59. The business had revenue of $260.40 million for the quarter, compared to analysts’ expectations of $264.32 million. Cogent Communications had a negative return on equity of 32.14% and a net margin of 4.26%. The business’s revenue was up 8.6% compared to the same quarter last year. During the same quarter in the previous year, the firm earned ($0.13) earnings per share.

Other research analysts also recently issued reports about the stock. Royal Bank of Canada reissued an “outperform” rating and set a $74.00 price objective on shares of Cogent Communications in a research report on Tuesday, September 3rd. JPMorgan Chase & Co. boosted their price target on Cogent Communications from $70.00 to $76.00 and gave the company a “neutral” rating in a research report on Monday, August 12th. KeyCorp increased their price objective on Cogent Communications from $80.00 to $90.00 and gave the stock an “overweight” rating in a research report on Tuesday, August 27th. TD Cowen boosted their target price on Cogent Communications from $78.00 to $82.00 and gave the company a “buy” rating in a report on Friday, August 9th. Finally, The Goldman Sachs Group increased their price target on Cogent Communications from $62.00 to $71.00 and gave the stock a “neutral” rating in a report on Friday, October 4th. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating and four have issued a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $77.14.

Cogent Communications Price Performance

CCOI stock opened at $80.45 on Friday. The business has a 50 day simple moving average of $72.90 and a 200-day simple moving average of $65.04. The company has a market capitalization of $3.94 billion, a P/E ratio of 3.19 and a beta of 0.41. Cogent Communications has a twelve month low of $50.80 and a twelve month high of $86.00. The company has a current ratio of 2.20, a quick ratio of 2.20 and a debt-to-equity ratio of 4.43.

Hedge Funds Weigh In On Cogent Communications

Large investors have recently added to or reduced their stakes in the business. Creative Planning lifted its holdings in shares of Cogent Communications by 40.1% during the 3rd quarter. Creative Planning now owns 17,618 shares of the technology company’s stock worth $1,338,000 after acquiring an additional 5,043 shares during the period. Capital Insight Partners LLC grew its stake in shares of Cogent Communications by 0.5% during the 3rd quarter. Capital Insight Partners LLC now owns 62,952 shares of the technology company’s stock valued at $4,779,000 after buying an additional 331 shares during the period. Hexagon Capital Partners LLC raised its position in shares of Cogent Communications by 72.9% in the 3rd quarter. Hexagon Capital Partners LLC now owns 536 shares of the technology company’s stock worth $41,000 after buying an additional 226 shares during the period. GAMMA Investing LLC boosted its holdings in Cogent Communications by 207.0% in the third quarter. GAMMA Investing LLC now owns 660 shares of the technology company’s stock valued at $50,000 after acquiring an additional 445 shares during the last quarter. Finally, Handelsbanken Fonder AB grew its position in Cogent Communications by 20.4% during the third quarter. Handelsbanken Fonder AB now owns 11,230 shares of the technology company’s stock valued at $853,000 after acquiring an additional 1,900 shares during the period. 92.45% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Cogent Communications

In other news, VP John B. Chang sold 1,400 shares of the stock in a transaction that occurred on Thursday, September 12th. The shares were sold at an average price of $71.67, for a total value of $100,338.00. Following the sale, the vice president now directly owns 71,580 shares in the company, valued at $5,130,138.60. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In other Cogent Communications news, CEO Dave Schaeffer sold 60,000 shares of the business’s stock in a transaction on Tuesday, August 27th. The stock was sold at an average price of $72.82, for a total value of $4,369,200.00. Following the completion of the transaction, the chief executive officer now directly owns 4,373,038 shares in the company, valued at approximately $318,444,627.16. The trade was a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, VP John B. Chang sold 1,400 shares of the firm’s stock in a transaction on Thursday, September 12th. The stock was sold at an average price of $71.67, for a total value of $100,338.00. Following the sale, the vice president now owns 71,580 shares in the company, valued at $5,130,138.60. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 64,870 shares of company stock valued at $4,716,057 in the last ninety days. Corporate insiders own 11.40% of the company’s stock.

Cogent Communications Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, September 6th. Investors of record on Thursday, August 22nd were issued a $0.985 dividend. The ex-dividend date of this dividend was Thursday, August 22nd. This represents a $3.94 dividend on an annualized basis and a dividend yield of 4.90%. This is a boost from Cogent Communications’s previous quarterly dividend of $0.98. Cogent Communications’s dividend payout ratio is currently 15.61%.

Cogent Communications Company Profile

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 companies, web hosting companies, media service providers, mobile phone operators, content delivery network companies, and commercial content and application service providers.