E Daily Stock Analysis: Cogent Communications

(1) Price

(2) Dividends

(3) Returns

Those three basic keys best tell whether a company has made, is making, and will make money. 

CCOI Price

Cogent's price per share closed at $58.91 yesterday. A year ago its price was $74.07. Price fell $15.16 or about 20% last year. 

If Cogent's stock trades in the range of $50 to $70 this next year, its recent $58.91 price might rise by $6.09 to reach 65.00 by January 28, 2022. 

CCOI Dividends

Cogent's most recently declared quarterly dividend was $0.73 paid December 4th. Dividends are estimated to total $2.92 per share annually and yield 4.96% at yesterday's $58.91 closing price.

CCOI Gains?

Adding the $2.92 annual Cogent Communications Holdings Inc anticipated dividend to my $6.09 optimistic price upside shows a $9.01 potential gross gain, per share, to be reduced by any costs to trade the shares.  

Put little over $1,000.00 today in Cogent Communications Holdings Inc at $58.91 per share and we'd buy 17 shares of CCOI stock.

A $10 broker fee (if charged) paid half at purchase and half at sale might cost us about $0.59 per share.

Subtract that maybe $0.59 brokerage cost from my estimated  $9.01 gross gain per share results in a net gain of $8.42 X 17 shares = $143.14 for a 14.3% net gain on a $1,001.47 investment.

Cogent Communications Holdings Inc shows a possible 14.3% net gain including a 4.96% dividend yield. It could be more, it could be less.      

All of the estimates above are speculation based on the past history of Cogent Communications Holdings Inc. Only time and money invested in this stock will determine its worth.

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Disclaimer: This article is for informational and educational purposes only and should not be construed to constitute investment advice. Nothing contained herein shall constitute a solicitation, ...

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