In last trading session, Cogent Communications Holdings Inc (NASDAQ:CCOI) saw 0.81 million shares changing hands with its beta currently measuring 0.72. Company’s recent per share price level of $50.59 trading at $0.18 or 0.36% at ring of the bell on the day assigns it a market valuation of $2.50B. That closing price of CCOI’s stock is at a discount of -71.5% from its 52-week high price of $86.76 and is indicating a premium of 11.05% from its 52-week low price of $45.00. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.87 million shares which gives us an average trading volume of 598.96K if we extend that period to 3-months.
For Cogent Communications Holdings Inc (CCOI), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 2.00. Splitting up the data highlights that, out of 9 analysts covering the stock, 1 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 3 suggested the stock as a Hold whereas 5 see the stock as a Buy. 0 analyst(s) advised it as an Underweight.
Cogent Communications Holdings Inc (NASDAQ:CCOI) trade information
Upright in the green during last session for gaining 0.36%, in the last five days CCOI remained trading in the green while hitting it’s week-highest on Wednesday, 05/14/25 when the stock touched $50.59 price level, adding 2.52% to its value on the day. Cogent Communications Holdings Inc’s shares saw a change of -34.36% in year-to-date performance and have moved 3.39% in past 5-day. Cogent Communications Holdings Inc (NASDAQ:CCOI) showed a performance of -3.14% in past 30-days. Number of shares sold short was 4.44 million shares which calculate 6.56 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 77.5 to the stock, which implies a rise of 34.72% to its current value. Analysts have been projecting 55 as a low price target for the stock while placing it at a high target of 102. It follows that stock’s current price would drop -8.72% in reaching the projected high whereas dropping to the targeted low would mean a loss of -8.72% for stock’s current value.
In 2025, company’s earnings growth rate is likely to be around 15.48% while estimates for its earnings growth in next 5 years are of 37.32%.
CCOI Dividends
Cogent Communications Holdings Inc is more likely to be releasing its next quarterly report on 2025-May-07 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt. With an annual yield of 7.83%, the share has a forward dividend of 3.96 which implies that company’s dividend yield remained growing in trailing twelve months while having a 5 year average dividend yield of 5.14%.
Cogent Communications Holdings Inc (NASDAQ:CCOI)’s Major holders
Insiders are in possession of 9.93% of company’s total shares while institution are holding 96.26 percent of that, with stock having share float percentage of 106.88%. Investors also watch the number of corporate investors in a company very closely, which is 96.26% institutions for Cogent Communications Holdings Inc that are currently holding shares of the company. BLACKROCK INC. is the top institutional holder at CCOI for having 6.81 million shares of worth $384.6 million. And as of 2024-06-30, it was holding 14.3423 of the company’s outstanding shares.
The second largest institutional holder is VANGUARD GROUP INC, which was holding about 5.09 million shares on 2024-06-30. The number of shares represents firm’s hold over 10.7078 of outstanding shares, having a total worth of $287.14 million.
On the other hand, iShares Trust-iShares Core S&P Small-Cap ETF and VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund are the top two Mutual Funds which own company’s shares. As of Mar 31, 2025 , the former fund manager was holding 2.61 shares of worth $132.08 million or 5.29% of the total outstanding shares. The later fund manager was in possession of 1.37 shares on Dec 31, 2024 , making its stake of worth around $69.56 million in the company or a holder of 2.79% of company’s stock.
