Cogent Communication (CCOI) Misses Q2 EPS by 5c; $50M Buyback

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Cogent Communication (CCOI) Sell Recommendation Removed at Off Wall Street

August 7, 2015 9:50 AM EDT

Off Wall Street removed its Sell recommendation on Cogent Communication (NASDAQ: CCOI), according to sources. Analysts noted increased dividends and buybacks.

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Cogent Communications (CCOI) PT Lowered to $38 at Cowen Amid Light Gross Margins; Sees Better 2nd-Half

August 7, 2015 8:54 AM EDT

Cowen analyst Colby Synesael reiterated an Outperform rating but lowered the price target on Cogent Communications (NASDAQ: CCOI) to $38.00 (from $45.00) with Q2 gross margins light. The firm sees better results in the 2nd-half.

Synesael commented, "CCOI reported 2Q15 rev slightly below estimates... More

Cogent Communication (CCOI) Raises Quarterly Dividend 3% to $0.34; 4.4% Yield

August 6, 2015 8:45 AM EDT

Cogent Communication (NASDAQ: CCOI) declared a quarterly dividend of $0.34 per share, or $1.36 annualized. This is a 3% increase from the prior dividend of $0.33.

The dividend will be payable on September 11, 2015, to stockholders of record on August 21, 2015, with an ex-dividend date of August 19,... More