Zacks Research Brokers Boost Earnings Estimates for CCOI

Cogent Communications Holdings, Inc. (NASDAQ:CCOI) – Analysts at Zacks Research upped their Q3 2025 earnings per share (EPS) estimates for Cogent Communications in a research report issued on Monday, March 24th. Zacks Research analyst R. Department now anticipates that the technology company will post earnings per share of ($0.70) for the quarter, up from their prior estimate of ($0.72). The consensus estimate for Cogent Communications’ current full-year earnings is ($4.55) per share. Zacks Research also issued estimates for Cogent Communications’ Q4 2025 earnings at ($0.70) EPS, FY2025 earnings at ($3.34) EPS, Q1 2026 earnings at ($0.59) EPS, Q2 2026 earnings at ($0.72) EPS, Q3 2026 earnings at ($0.42) EPS, Q4 2026 earnings at ($0.38) EPS, FY2026 earnings at ($2.11) EPS and FY2027 earnings at ($0.02) EPS.

Cogent Communications (NASDAQ:CCOI) last posted its quarterly earnings data on Thursday, February 27th. The technology company reported ($0.91) earnings per share for the quarter, topping the consensus estimate of ($1.22) by $0.31. The firm had revenue of $252.29 million for the quarter, compared to analysts’ expectations of $258.49 million. Cogent Communications had a negative return on equity of 36.31% and a net margin of 3.73%.

Separately, StockNews.com raised shares of Cogent Communications to a “sell” rating in a report on Monday, March 3rd. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, Cogent Communications currently has an average rating of “Hold” and an average price target of $80.25.

Cogent Communications Price Performance

NASDAQ:CCOI opened at $61.50 on Thursday. The company has a debt-to-equity ratio of 5.87, a quick ratio of 2.03 and a current ratio of 2.03. The firm has a market cap of $3.02 billion, a price-to-earnings ratio of 78.85 and a beta of 0.45. Cogent Communications has a 52 week low of $50.80 and a 52 week high of $86.76. The firm’s 50-day simple moving average is $74.43 and its 200 day simple moving average is $76.60.

Hedge Funds Weigh In On Cogent Communications

Institutional investors have recently added to or reduced their stakes in the stock. Intech Investment Management LLC increased its holdings in shares of Cogent Communications by 85.7% during the third quarter. Intech Investment Management LLC now owns 16,908 shares of the technology company’s stock worth $1,284,000 after buying an additional 7,803 shares in the last quarter. PEAK6 Investments LLC bought a new stake in Cogent Communications during the 3rd quarter worth $1,720,000. Citigroup Inc. increased its holdings in Cogent Communications by 56.8% in the 3rd quarter. Citigroup Inc. now owns 56,595 shares of the technology company’s stock worth $4,297,000 after purchasing an additional 20,510 shares in the last quarter. Verition Fund Management LLC boosted its stake in shares of Cogent Communications by 136.5% during the third quarter. Verition Fund Management LLC now owns 145,223 shares of the technology company’s stock valued at $11,025,000 after purchasing an additional 83,816 shares in the last quarter. Finally, Atom Investors LP bought a new stake in shares of Cogent Communications during the third quarter worth about $4,565,000. 92.45% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Cogent Communications

In other Cogent Communications news, CFO Thaddeus Gerard Weed sold 4,900 shares of the business’s stock in a transaction dated Monday, March 3rd. The stock was sold at an average price of $72.06, for a total transaction of $353,094.00. Following the completion of the transaction, the chief financial officer now owns 103,000 shares of the company’s stock, valued at approximately $7,422,180. The trade was a 4.54 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Henry W. Kilmer sold 2,400 shares of the stock in a transaction dated Friday, March 7th. The stock was sold at an average price of $72.57, for a total transaction of $174,168.00. Following the completion of the transaction, the vice president now directly owns 41,000 shares of the company’s stock, valued at $2,975,370. This trade represents a 5.53 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 11,681 shares of company stock valued at $840,878. Company insiders own 11.40% of the company’s stock.

Cogent Communications Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, March 28th. Stockholders of record on Thursday, March 13th will be given a $1.005 dividend. The ex-dividend date of this dividend is Thursday, March 13th. This is a boost from Cogent Communications’s previous quarterly dividend of $1.00. This represents a $4.02 annualized dividend and a dividend yield of 6.54%. Cogent Communications’s payout ratio is presently -93.49%.

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.