Symbols / CCOI Stock $24.47 +2.09% Cogent Communications Holdings, Inc.

Communication Services • Telecom Services • United States • NMS
CCOI (Stock) Chart
O: — H: — L: — C: — V: —
SMA 20: — SMA 50: — SMA 200: —
Stock Fundamentals
Scroll to Statements
Index EQUITY
Sector Communication Services
Industry Telecom Services
CEO Mr. David Schaeffer Ph.D.
Exch · Country NMS · United States
Market Cap 1.23B
Enterprise Value 3.68B
Income -182.17M
Sales 896.57M
FCF (ttm) -90.03M
Book/sh -1.34
Cash/sh 3.11
Employees 1,833
Insider 10d —
IPO Feb 05, 2002
Div forward ($/yr)
Div TTM ($/yr)
Dividend Yield
Ex-Div Date
5Y Avg Yield
Yield vs 5Y Avg
Payout 5.62%
P/E —
Forward P/E -10.32
PEG 2.22
P/S 1.37
P/B -18.29
P/C —
EV/EBITDA 22.15
EV/Sales 4.11
Quick Ratio 1.48
Current Ratio 2.04
Debt/Eq —
LT Debt/Eq —
EPS (ttm) -3.80
EPS next Y -2.37
EPS Growth —
Revenue Growth -4.60%
EPS Gr Q/Q —
Rev Gr Q/Q —
Earnings (next) 2026-05-04
Earnings (prior) 2026-02-20
ROA -2.07%
ROE -229.15%
ROIC —
Gross Margin 49.17%
Oper. Margin -5.20%
Profit Margin -20.32%
Shs Outstand 50.10M
Shs Float 45.94M
Insider Own 4.16%
Instit Own 99.07%
Short Float 16.05%
Short Ratio 5.58
Short Interest 5.75M
52W High 56.89
vs 52W High -56.99%
52W Low 15.96
vs 52W Low 53.32%
Beta 0.74
Impl. Vol. 1.12%
Rel Volume 0.45
Avg Volume 1.19M
Volume 537.45K
Target (mean) $26.18
Tgt Median $23.00
Tgt Low $17.00
Tgt High $43.00
# Analysts 11
Recom Buy
Prev Close $23.97
Price $24.47
Change 2.09%
About

Cogent Communications Holdings, Inc., through its subsidiaries, provides high-speed Internet access, private network, and data center colocation space services in North America, South America, Europe, Oceania, and Africa. It 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. The company also provides Internet access and private network services to customers that are not located in buildings directly connected to its network; and on-net services to customers located in buildings that are physically connected to its network. In addition, it offers off-net services to corporate customers using other carriers' circuits to provide the last mile portion of the link from the customers' premises to the network. Further, the company operates data centers that allow its customers to collocate their equipment and access the network. It serves primarily to small and medium-sized businesses, communications service providers, and other bandwidth-intensive organizations. Cogent Communications Holdings, Inc. was founded in 1999 and is headquartered in Washington, the District of Columbia.

Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$26.18
Mean price target
2. Current target
$24.47
Latest analyst target
3. DCF / Fair value
$-32.34
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$24.47
Low
$17.00
High
$43.00
Mean
$26.18

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-03-18 main RBC Capital Sector Perform → Sector Perform $22
2026-03-05 main Wells Fargo Equal-Weight → Equal-Weight $23
2026-02-23 main Oppenheimer Outperform → Outperform $30
2026-02-23 main Keybanc Overweight → Overweight $25
2025-11-13 main JP Morgan Neutral → Neutral $23
2025-11-13 main RBC Capital Sector Perform → Sector Perform $23
2025-11-11 main Citigroup Neutral → Neutral $25
2025-11-07 main Goldman Sachs Neutral → Neutral $25
2025-11-07 main Keybanc Overweight → Overweight $30
2025-11-07 down UBS Buy → Neutral $27
2025-11-07 down Wells Fargo Overweight → Equal-Weight $27
2025-08-18 up Wells Fargo Underweight → Overweight $45
2025-08-12 down Citigroup Buy → Neutral $33
2025-08-08 down RBC Capital Outperform → Sector Perform $40
2025-05-09 main UBS Buy → Buy $75
2025-05-09 main Goldman Sachs Neutral → Neutral $62
2024-11-14 init UBS — → Buy $102
2024-10-04 main Goldman Sachs Neutral → Neutral $71
2024-09-03 reit RBC Capital Outperform → Outperform $74
2024-08-27 main Keybanc Overweight → Overweight $90
News
RSS: Latest CCOI news
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2026-04-01 SCHAEFFER DAVID Chief Executive Officer — 29,333 $0.00 $0
2026-03-31 DE SA PAUL Director — 3,445 $0.00 $0
2026-03-31 HOWELL DENEEN C Director — 3,445 $0.00 $0
2026-03-31 HOWARD EVE N Director — 3,445 $0.00 $0
2026-03-31 FERGUSON LEWIS H III Director — 3,445 $0.00 $0
2026-03-31 MONTAGNER MARC Director — 3,445 $0.00 $0
2026-03-31 KENNEDY SHERYL LYNN Director — 3,445 $0.00 $0
2026-03-31 BROOKS STEVEN D Director — 3,445 $0.00 $0
2026-03-06 KILMER HENRY WORTHINGTON Officer — 2,400 $23.35 $56,040
2026-03-05 FERGUSON LEWIS H III Director — 2,206 $23.03 $50,804
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Revenue
975.77
-5.82%
1,036.10
+10.12%
940.92
+56.92%
599.60
Operating Revenue
975.77
-5.82%
1,036.10
+10.12%
940.92
+56.92%
599.60
Cost Of Revenue
534.96
-16.65%
641.84
+17.93%
544.23
+138.54%
228.15
Reconciled Cost Of Revenue
534.96
-16.65%
641.84
+17.93%
544.23
+138.54%
228.15
Gross Profit
440.80
+11.80%
394.27
-0.61%
396.69
+6.79%
371.45
Operating Expense
544.62
-5.09%
573.80
+13.06%
507.53
+98.84%
255.24
Selling General And Administration
274.44
-0.49%
275.78
+0.17%
275.32
+68.88%
163.02
Selling And Marketing Expense
—
—
—
163.02
General And Administrative Expense
—
—
—
163.02
Other Gand A
—
—
—
163.02
Total Expenses
1,079.58
-11.19%
1,215.63
+15.58%
1,051.76
+117.58%
483.40
Operating Income
-103.81
+42.18%
-179.53
-61.98%
-110.84
-195.38%
116.21
Total Operating Income As Reported
-101.07
+48.85%
-197.61
-52.79%
-129.33
-213.49%
113.96
EBITDA
186.58
+15.40%
161.69
-89.54%
1,545.03
+573.82%
229.29
Normalized EBITDA
189.44
+20.24%
157.56
+0.30%
157.09
-25.86%
211.87
Reconciled Depreciation
270.18
-9.34%
298.02
+28.34%
232.21
+151.79%
92.22
EBIT
-83.60
+38.68%
-136.33
-110.38%
1,312.82
+857.75%
137.07
Total Unusual Items
-2.87
-169.45%
4.13
-99.70%
1,387.94
+7863.87%
17.43
Total Unusual Items Excluding Goodwill
-2.87
-169.45%
4.13
-99.70%
1,387.94
+7863.87%
17.43
Special Income Charges
-2.87
-169.45%
4.13
-99.70%
1,387.94
+9920.58%
-14.13
Other Special Charges
2.87
+186.01%
-3.33
—
11.88
Restructuring And Mergern Acquisition
0.00
+100.00%
-0.80
+99.94%
-1,387.94
-61841.24%
2.25
Net Income
-182.17
+10.73%
-204.07
-116.03%
1,273.44
+24646.23%
5.15
Pretax Income
-244.97
+5.66%
-259.65
-121.29%
1,219.48
+4523.43%
26.38
Net Non Operating Interest Income Expense
-138.29
-64.15%
-84.25
-46.19%
-57.63
+46.27%
-107.26
Interest Expense Non Operating
161.36
+30.85%
123.32
+32.11%
93.34
-15.68%
110.70
Net Interest Income
-138.29
-64.15%
-84.25
-46.19%
-57.63
+46.27%
-107.26
Interest Expense
161.36
+30.85%
123.32
+32.11%
93.34
-15.68%
110.70
Interest Income Non Operating
23.08
-40.94%
39.07
+9.40%
35.72
+938.83%
3.44
Interest Income
23.08
-40.94%
39.07
+9.40%
35.72
+938.83%
3.44
Other Income Expense
-2.87
-169.45%
4.13
-99.70%
1,387.94
+7863.87%
17.43
Gain On Sale Of Security
—
—
13.44
-57.42%
31.56
Tax Provision
-62.79
-12.98%
-55.58
-2.99%
-53.96
-354.19%
21.23
Tax Rate For Calcs
0.00
+19.60%
0.00
+1.92%
0.00
+0.00%
0.00
Tax Effect Of Unusual Items
-0.73
-183.06%
0.88
-99.70%
291.47
+7863.87%
3.66
Net Income Including Noncontrolling Interests
-182.17
+10.73%
-204.07
-116.03%
1,273.44
+24646.23%
5.15
Net Income From Continuing Operation Net Minority Interest
-182.17
+10.73%
-204.07
-116.03%
1,273.44
+24646.23%
5.15
Net Income From Continuing And Discontinued Operation
-182.17
+10.73%
-204.07
-116.03%
1,273.44
+24646.23%
5.15
Net Income Continuous Operations
-182.17
+10.73%
-204.07
-116.03%
1,273.44
+24646.23%
5.15
Normalized Income
-180.04
+13.16%
-207.32
-217.15%
176.97
+2152.47%
-8.62
Net Income Common Stockholders
-182.17
+10.73%
-204.07
-116.03%
1,273.44
+24646.23%
5.15
Diluted EPS
-3.80
+11.21%
-4.28
-116.08%
26.62
+24100.00%
0.11
Basic EPS
-3.80
+11.21%
-4.28
-115.92%
26.88
+24336.36%
0.11
Basic Average Shares
47.93
+0.63%
47.63
+0.54%
47.37
+1.06%
46.88
Diluted Average Shares
47.93
+0.63%
47.63
-0.44%
47.84
+1.33%
47.21
Diluted NI Availto Com Stockholders
-182.17
+10.73%
-204.07
-116.03%
1,273.44
+24646.23%
5.15
Depreciation Amortization Depletion Income Statement
270.18
-9.34%
298.02
+28.34%
232.21
+151.79%
92.22
Depreciation And Amortization In Income Statement
270.18
-9.34%
298.02
+28.34%
232.21
+151.79%
92.22
Gain On Sale Of PPE
—
—
—
0.00
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Assets
3,099.78
-2.31%
3,173.10
-1.20%
3,211.62
+217.92%
1,010.18
Current Assets
450.58
-6.54%
482.10
-6.14%
513.63
+40.37%
365.91
Cash Cash Equivalents And Short Term Investments
148.51
-25.18%
198.49
+164.32%
75.09
-66.44%
223.78
Cash And Cash Equivalents
148.51
-25.18%
198.49
+164.32%
75.09
-66.44%
223.78
Receivables
177.77
-1.28%
180.08
-43.59%
319.26
+623.56%
44.12
Accounts Receivable
88.05
-9.16%
96.93
-28.45%
135.47
+207.04%
44.12
Gross Accounts Receivable
92.66
-13.16%
106.70
-23.32%
139.15
+199.73%
46.43
Allowance For Doubtful Accounts Receivable
-4.61
+52.78%
-9.76
-165.49%
-3.68
-59.66%
-2.30
Prepaid Assets
67.70
-8.64%
74.10
-8.05%
80.59
—
Restricted Cash
56.60
+92.31%
29.43
-23.93%
38.69
-25.78%
52.13
Other Current Assets
—
—
80.59
+75.66%
45.88
Total Non Current Assets
2,649.20
-1.55%
2,691.00
-0.26%
2,697.99
+318.77%
644.27
Net PPE
2,031.60
+2.17%
1,988.48
+4.69%
1,899.40
+203.40%
626.03
Gross PPE
3,953.43
+8.49%
3,644.05
+10.13%
3,308.96
+84.19%
1,796.51
Accumulated Depreciation
-1,921.83
-16.08%
-1,655.56
-17.45%
-1,409.56
-20.43%
-1,170.48
Properties
0.00
0.00
0.00
0.00
Land And Improvements
135.81
-0.05%
135.87
0.00%
135.88
+134431.68%
0.10
Buildings And Improvements
502.19
+6.69%
470.71
+5.97%
444.19
+7134.32%
6.14
Machinery Furniture Equipment
44.45
+3.82%
42.81
+8.65%
39.40
+18.16%
33.35
Other Properties
3,270.99
+9.23%
2,994.65
+11.35%
2,689.50
+80.13%
1,493.06
Leases
—
—
297.79
+12.86%
263.86
Goodwill And Other Intangible Assets
469.25
-0.38%
471.03
-0.38%
472.81
0.00
Other Intangible Assets
469.25
-0.38%
471.03
-0.38%
472.81
—
Non Current Accounts Receivable
113.52
-43.77%
201.89
-33.22%
302.33
—
Non Current Prepaid Assets
—
—
—
—
Other Non Current Assets
34.83
+17.70%
29.60
+26.27%
23.44
+28.51%
18.24
Total Liabilities Net Minority Interest
3,163.63
+7.23%
2,950.25
+13.38%
2,602.06
+70.20%
1,528.81
Current Liabilities
220.84
-12.83%
253.34
-32.14%
373.32
+210.37%
120.28
Payables And Accrued Expenses
129.67
-13.81%
150.44
-29.26%
212.65
+222.59%
65.92
Payables
36.99
-46.46%
69.09
-57.37%
162.06
+442.11%
29.89
Accounts Payable
30.57
-23.20%
39.80
-17.68%
48.36
+77.73%
27.21
Current Accrued Expenses
92.67
+13.93%
81.34
+60.80%
50.59
+40.42%
36.02
Total Tax Payable
6.42
-77.67%
28.76
-31.22%
41.82
+1456.38%
2.69
Current Debt And Capital Lease Obligation
80.69
+2.92%
78.40
-40.86%
132.56
+354.16%
29.19
Current Capital Lease Obligation
80.69
+2.92%
78.40
-40.86%
132.56
+354.16%
29.19
Current Deferred Liabilities
6.42
+2.85%
6.24
-4.73%
6.55
+33.35%
4.91
Current Deferred Revenue
6.42
+2.85%
6.24
-4.73%
6.55
+33.35%
4.91
Other Current Liabilities
4.07
-77.72%
18.26
-15.33%
21.57
+6.42%
20.27
Total Non Current Liabilities Net Minority Interest
2,942.79
+9.12%
2,696.92
+21.01%
2,228.74
+58.23%
1,408.53
Long Term Debt And Capital Lease Obligation
2,580.93
+14.28%
2,258.52
+33.20%
1,695.60
+27.88%
1,325.89
Long Term Debt
1,713.94
+19.08%
1,439.36
+52.22%
945.59
+0.14%
944.26
Long Term Capital Lease Obligation
866.99
+5.84%
819.16
+9.22%
750.02
+96.53%
381.63
Non Current Deferred Liabilities
333.29
-16.31%
398.27
-15.53%
471.50
+889.59%
47.65
Non Current Deferred Taxes Liabilities
333.29
-16.31%
398.27
-15.53%
471.50
+889.59%
47.65
Other Non Current Liabilities
28.57
-28.81%
40.13
-34.90%
61.64
+76.16%
34.99
Stockholders Equity
-63.85
-128.65%
222.85
-63.44%
609.56
+217.53%
-518.63
Common Stock Equity
-63.85
-128.65%
222.85
-63.44%
609.56
+217.53%
-518.63
Capital Stock
0.05
+2.04%
0.05
+0.00%
0.05
+2.08%
0.05
Common Stock
0.05
+2.04%
0.05
+0.00%
0.05
+2.08%
0.05
Share Issued
50.06
+2.09%
49.03
+0.88%
48.61
+1.24%
48.01
Ordinary Shares Number
50.06
+2.09%
49.03
+0.88%
48.61
+1.24%
48.01
Additional Paid In Capital
643.26
+2.13%
629.83
+3.80%
606.75
+5.51%
575.06
Retained Earnings
-708.58
-88.28%
-376.35
-2296.10%
17.14
+101.59%
-1,074.59
Gains Losses Not Affecting Retained Earnings
1.43
+104.65%
-30.68
-113.31%
-14.38
+24.91%
-19.16
Other Equity Adjustments
1.43
+104.65%
-30.68
-113.31%
-14.38
+24.91%
-19.16
Total Equity Gross Minority Interest
-63.85
-128.65%
222.85
-63.44%
609.56
+217.53%
-518.63
Total Capitalization
1,650.09
-0.73%
1,662.21
+6.88%
1,555.14
+265.37%
425.63
Working Capital
229.74
+0.43%
228.76
+63.05%
140.30
-42.88%
245.63
Invested Capital
1,650.09
-0.73%
1,662.21
+6.88%
1,555.14
+265.37%
425.63
Total Debt
2,661.62
+13.89%
2,336.92
+27.83%
1,828.16
+34.91%
1,355.08
Net Debt
1,565.42
+26.15%
1,240.87
+42.55%
870.49
+20.82%
720.48
Capital Lease Obligations
947.68
+5.58%
897.56
+1.70%
882.57
+114.83%
410.82
Net Tangible Assets
-533.10
-114.80%
-248.18
-281.50%
136.74
+126.37%
-518.63
Tangible Book Value
-533.10
-114.80%
-248.18
-281.50%
136.74
+126.37%
-518.63
Duefrom Related Parties Current
89.72
+7.90%
83.15
-54.76%
183.78
0.00
Duefrom Related Parties Non Current
113.52
-43.77%
201.89
-33.22%
302.33
0.00
Dueto Related Parties Current
0.00
-100.00%
0.53
-99.27%
71.89
0.00
Interest Payable
23.44
+204.86%
7.69
+36.44%
5.64
+21.05%
4.66
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Operating Cash Flow
-10.58
-22.37%
-8.64
-149.84%
17.34
-90.01%
173.71
Cash Flow From Continuing Operating Activities
-10.58
-22.37%
-8.64
-149.84%
17.34
-90.01%
173.71
Net Income From Continuing Operations
-182.17
+10.73%
-204.07
-116.03%
1,273.44
+24646.23%
5.15
Depreciation Amortization Depletion
270.18
-9.34%
298.02
+28.34%
232.21
+151.79%
92.22
Depreciation And Amortization
270.18
-9.34%
298.02
+28.34%
232.21
+151.79%
92.22
Other Non Cash Items
-15.16
+67.31%
-46.36
+96.77%
-1,433.59
-98022.47%
1.46
Stock Based Compensation
26.42
+2.64%
25.74
-4.40%
26.92
+10.17%
24.44
Deferred Tax
-64.97
-25.86%
-51.62
+25.81%
-69.58
-520.71%
16.54
Deferred Income Tax
-64.97
-25.86%
-51.62
+25.81%
-69.58
-520.71%
16.54
Operating Gains Losses
5.61
—
0.21
+101.10%
-19.30
Net Foreign Currency Exchange Gain Loss
—
0.00
0.00
+100.00%
-31.56
Gain Loss On Sale Of PPE
—
0.00
-100.00%
0.21
-43.01%
0.37
Change In Working Capital
-50.48
-66.37%
-30.34
-151.56%
-12.06
-122.67%
53.20
Change In Receivables
8.83
-79.47%
42.99
+177.44%
-55.52
-1856.17%
-2.84
Changes In Account Receivables
8.88
-76.95%
38.54
+175.57%
-51.00
-1697.11%
-2.84
Change In Prepaid Assets
-8.37
+14.64%
-9.80
+21.87%
-12.55
-62.78%
-7.71
Change In Payables And Accrued Expense
-50.94
+19.82%
-63.53
-213.44%
56.00
-12.15%
63.75
Change In Payable
-50.94
+19.82%
-63.53
-213.44%
56.00
-12.15%
63.75
Change In Account Payable
-50.41
-1867.64%
2.85
+126.15%
-10.90
-117.11%
63.75
Change In Other Working Capital
—
—
-13.44
-131.17%
43.11
Change In Other Current Liabilities
—
—
-26.51
0.00
Investing Cash Flow
-87.57
-507.45%
21.49
-71.99%
76.73
+197.16%
-78.97
Cash Flow From Continuing Investing Activities
-87.57
-507.45%
21.49
-71.99%
76.73
+197.16%
-78.97
Net PPE Purchase And Sale
-187.57
+3.81%
-195.00
-50.42%
-129.63
-64.15%
-78.97
Purchase Of PPE
-187.57
+3.81%
-195.00
-50.42%
-129.63
-64.15%
-78.97
Capital Expenditure
-187.57
+3.81%
-195.00
-50.42%
-129.63
-64.15%
-78.97
Net Business Purchase And Sale
0.00
-100.00%
12.32
+462.44%
2.19
0.00
Net Intangibles Purchase And Sale
100.00
-51.02%
204.17
+0.00%
204.17
—
Net Other Investing Changes
—
204.17
+0.00%
204.17
—
Financing Cash Flow
62.90
-40.61%
105.92
+141.08%
-257.85
-78.01%
-144.85
Cash Flow From Continuing Financing Activities
62.90
-40.61%
105.92
+141.08%
-257.85
-78.01%
-144.85
Net Issuance Payments Of Debt
229.48
-23.79%
301.10
+489.21%
-77.36
-407.19%
25.18
Issuance Of Debt
768.32
+56.70%
490.31
0.00
-100.00%
446.01
Repayment Of Debt
-538.84
-184.79%
-189.21
-144.57%
-77.36
+81.62%
-420.83
Long Term Debt Issuance
768.32
+56.70%
490.31
0.00
-100.00%
446.01
Long Term Debt Payments
-538.84
-184.79%
-189.21
-144.57%
-77.36
+81.62%
-420.83
Net Long Term Debt Issuance
229.48
-23.79%
301.10
+489.21%
-77.36
-407.19%
25.18
Net Common Stock Issuance
-16.69
-109.41%
-7.97
0.00
0.00
Common Stock Payments
-16.69
-109.41%
-7.97
0.00
0.00
Common Stock Dividend Paid
-150.06
+20.77%
-189.41
-4.23%
-181.72
-6.98%
-169.86
Cash Dividends Paid
-150.06
+20.77%
-189.41
-4.23%
-181.72
-6.98%
-169.86
Repurchase Of Capital Stock
-16.69
-109.41%
-7.97
0.00
0.00
Proceeds From Stock Option Exercised
0.17
-92.06%
2.20
+79.63%
1.23
+99.84%
0.61
Net Other Financing Charges
—
—
—
-0.79
Changes In Cash
-35.24
-129.67%
118.77
+172.52%
-163.78
-226.82%
-50.11
Effect Of Exchange Rate Changes
12.44
+368.28%
-4.64
-381.20%
1.65
+163.45%
-2.60
Beginning Cash Position
227.92
+100.31%
113.78
-58.76%
275.91
-16.04%
328.62
End Cash Position
205.11
-10.01%
227.92
+100.31%
113.78
-58.76%
275.91
Free Cash Flow
-198.15
+2.70%
-203.64
-81.36%
-112.29
-218.53%
94.74
Interest Paid Supplemental Data
154.75
+15.52%
133.95
+27.94%
104.70
+57.49%
66.48
Income Tax Paid Supplemental Data
—
3.17
-91.03%
35.29
+393.17%
7.16
Sale Of Business
0.00
-100.00%
12.32
+462.44%
2.19
0.00
Sale Of Intangibles
100.00
-51.02%
204.17
+0.00%
204.17
—
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Trades
Date User Broker Pattern Type Position Size Entry Price Trade P&L Status
Posts
Published Title Author Category