CCOI icon

Cogent Communications

61.32 USD
+0.01
0.02%
Updated Apr 1, 2:59 PM EDT
1 day
0.02%
5 days
-4.10%
1 month
-14.02%
3 months
-20.46%
6 months
-18.21%
Year to date
-20.46%
1 year
-4.44%
5 years
-24.17%
10 years
74.16%
 

About: Cogent carries over one fifth of the world's internet traffic over its network and is a broadband provider for businesses. Cogent's corporate customers are in high-rise office buildings; the firm provides them with two types of connections: dedicated internet access, which connects them to the internet, and virtual private networking, which offers an internal network for employees in different locations. Cogent's corporate customers are exclusively in North America and account for over half of the firm's revenue. Cogent's netcentric customers include internet service providers and content providers, to which Cogent provides internet transit. They hand traffic to Cogent in data centers and rely on Cogent to deliver it. About half of netcentric revenue is from outside the US.

Employees: 1,908

0
Funds holding %
of 7,398 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

475% more call options, than puts

Call options by funds: $49.1M | Put options by funds: $8.54M

15% more funds holding in top 10

Funds holding in top 10: 13 [Q3] → 15 (+2) [Q4]

5% more first-time investments, than exits

New positions opened: 39 | Existing positions closed: 37

1% more capital invested

Capital invested by funds: $3.55B [Q3] → $3.58B (+$29.3M) [Q4]

0.63% less ownership

Funds ownership: 95.39% [Q3] → 94.76% (-0.63%) [Q4]

1% less funds holding

Funds holding: 312 [Q3] → 308 (-4) [Q4]

13% less repeat investments, than reductions

Existing positions increased: 100 | Existing positions reduced: 115

Research analyst outlook

We haven’t received any recent analyst ratings for CCOI.

Financial journalist opinion

Positive
Seeking Alpha
3 weeks ago
54 Upcoming Dividend Increases, Including A King
This week features the largest list of dividend increases ever, with 50 companies, including Coca-Cola extending its 63-year streak with a 5.2% increase. My strategy focuses on companies with consistent dividend growth and outperforming benchmarks, using data from the "U.S. Dividend Champions" spreadsheet and NASDAQ. I recommend the Schwab U.S. Dividend Equity ETF for broad U.S. equity exposure and the Cohen & Steers REIT & Preferred Income Fund for REITs.
54 Upcoming Dividend Increases, Including A King
Negative
Zacks Investment Research
3 weeks ago
Investing in Cogent (CCOI)? Don't Miss Assessing Its International Revenue Trends
Review Cogent's (CCOI) international revenue performance and how it affects the predictions of financial analysts on Wall Street and the future prospects for the stock.
Investing in Cogent (CCOI)? Don't Miss Assessing Its International Revenue Trends
Negative
Zacks Investment Research
1 month ago
Cogent's Q4 Loss Narrower Than Expected, Revenues Down Y/Y
CCOI reports a top-line decline year over year, owing to a decline in On-Net and Off-Net customers.
Cogent's Q4 Loss Narrower Than Expected, Revenues Down Y/Y
Neutral
Seeking Alpha
1 month ago
Cogent Communications Holdings, Inc. (CCOI) Q4 2024 Earnings Call Transcript
Cogent Communications Holdings, Inc. (NASDAQ:CCOI ) Q4 2024 Earnings Conference Call February 27, 2025 8:30 AM ET Company Participants Dave Schaeffer - Founder and Chief Executive Officer Tad Weed - Chief Financial Officer Conference Call Participants Michael Rollins - Citi Sebastiano Petty - JPMorgan Greg Williams - TD Cowen Walter Piecyk - LightShed Tim Horan - Oppenheimer Jim Schneider - Goldman Sachs Christopher Scholl - UBS Nick Del Deo - MoffettNathanson Brandon Nispel - KeyBanc Capital Markets Operator Good morning and welcome to Cogent Communications Holdings Fourth Quarter and Full Year 2024 Earnings Conference Call. As a reminder, this conference call is being recorded and it will be available for replay at www.cogentco.com.
Cogent Communications Holdings, Inc. (CCOI) Q4 2024 Earnings Call Transcript
Positive
Zacks Investment Research
1 month ago
Cogent (CCOI) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
The headline numbers for Cogent (CCOI) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Cogent (CCOI) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
Negative
Zacks Investment Research
1 month ago
Cogent Communications (CCOI) Reports Q4 Loss, Lags Revenue Estimates
Cogent Communications (CCOI) came out with a quarterly loss of $0.91 per share versus the Zacks Consensus Estimate of a loss of $1.22. This compares to loss of $0.16 per share a year ago.
Cogent Communications (CCOI) Reports Q4 Loss, Lags Revenue Estimates
Neutral
PRNewsWire
1 month ago
Cogent Communications Reports Fourth Quarter and Full Year 2024 Results and Increases its Regular Quarterly Dividend on its Common Stock
Financial and Business Highlights Service revenue was $252.3 million for Q4 2024 and was $257.2 million for Q3 2024. Service revenue was $1.0 billion for full year 2024 and was $940.9 million for full year 2023.
Cogent Communications Reports Fourth Quarter and Full Year 2024 Results and Increases its Regular Quarterly Dividend on its Common Stock
Positive
Zacks Investment Research
1 month ago
Curious about Cogent (CCOI) Q4 Performance? Explore Wall Street Estimates for Key Metrics
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Cogent (CCOI), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended December 2024.
Curious about Cogent (CCOI) Q4 Performance? Explore Wall Street Estimates for Key Metrics
Negative
Zacks Investment Research
1 month ago
Earnings Preview: Cogent Communications (CCOI) Q4 Earnings Expected to Decline
Cogent (CCOI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Earnings Preview: Cogent Communications (CCOI) Q4 Earnings Expected to Decline
Neutral
PRNewsWire
1 month ago
Cogent Communications CEO to Present at Two Upcoming Conferences
WASHINGTON , Feb. 19, 2025 /PRNewswire/ -- Cogent Communications Holdings, Inc.("Cogent") (NASDAQ: CCOI), one of the largest Internet service providers in the world, today announced that Dave Schaeffer, Cogent's Chief Executive Officer, will present at the following conferences: The Raymond James & Associates' 46th Annual Institutional Investors Conference is being held at JW Marriott Grande Lakes in Orlando, FL. Dave Schaeffer will be presenting on Monday, March 3rd at 2:15 p.m.
Cogent Communications CEO to Present at Two Upcoming Conferences
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