Cogent Comms Hldgs Stock (NASDAQ:CCOI), Trade Ideas

Cogent Comms Hldgs

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.

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CCOI

Verizon Communications (NYSE: VZ) came out with quarterly earnings of $1.15 per share, beating the Zacks Consensus Estimate of $1.12 per share. This compares to earnings of $1.20 per share a year ago. These figures are adjusted for non-recurring items.

Verizon Communications Q1 Earnings Beat Estimates

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During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a  high dividend payout. 

Check Out 3 High-Yielding Dividend Stocks In Tech And Telecom Sector From Wall Street&#39;s Most Accurate Analysts

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Cogent Communications Holdings, Inc. - Common Stock

Cogent Communications Holdings Inc

<p><strong>Verizon Communications</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/vz#NYSE">VZ</a>) came out with quarterly earnings of $1.15 per share, beating the Zacks Consensus Estimate of $1.12 per share. This compares to earnings of $1.20 per share a year ago. These figures are adjusted for non-recurring items.</p>
<p>This quarterly report represents an earnings surprise of 2.68%. A quarter ago, it was expected that this largest U.S. cellphone carrier would post earnings of $1.07 per share when it actually produced earnings of $1.08, delivering a surprise of 0.93%.</p>
<p>Over the last four quarters, the company has surpassed consensus EPS estimates four times.</p>
<p>Verizon, which belongs to the Zacks Wireless National industry, posted revenues of $32.98 billion for the quarter ended March 2024, missing the Zacks Consensus Estimate by 1.05%. This compares to year-ago revenues of $32.91 billion. The company has topped consensus revenue estimates just once over the last four quarters.</p>
<p>The sustainability of the stock&#39;s immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management&#39;s commentary on the earnings call.</p>
<p>Verizon shares have added about 7.4% since the beginning of the year versus the S&amp;P 500&#39;s gain of 4.1%.</p>
<p><strong>What&#39;s Next for Verizon?</strong></p>
<p>While Verizon has outperformed the market so far this year, the question that comes to investors&#39; minds is: what&#39;s next for the stock?</p>
<p>There are no easy answers to this key question, but one reliable measure that can help investors address this is the company&#39;s earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.</p>
<p>Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.</p>
<p>Ahead of this earnings release, the estimate revisions trend for Verizon: mixed. While the magnitude and direction of estimate revisions could change following the company&#39;s just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future.</p>
<p>It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is $1.15 on $33.16 billion in revenues for the coming quarter and $4.58 on $135.9 billion in revenues for the current fiscal year.</p>
<p>Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Wireless National is currently in the bottom 18% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.</p>
<p>One other stock from the same industry, <strong>Cogent Communications</strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ccoi#NASDAQ">CCOI</a>), is yet to report results for the quarter ended March 2024. The results are expected to be released on May 9.</p>
<p>This internet service provider is expected to post quarterly loss of $0.80 per share in its upcoming report, which represents a year-over-year change of -715.4%. The consensus EPS estimate for the quarter has been revised 0.9% lower over the last 30 days to the current level.</p>
<p>Cogent Communications&#39; revenues are expected to be $274.61 million, up 78.8% from the year-ago quarter.</p>
<p><a href="https://www.zacks.com/stock/news/2258970/verizon-communications-vz-q1-earnings-beat-estimates?cid=CS-BENZ-FT-tale_of_the_tape|yseop_template_4-2258970">To read this article on Zacks.com click here.</a></p>


<p><strong>David Schaeffer</strong>, Chairman at <strong>Cogent Comms Hldgs</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CCOI#NASDAQ">CCOI</a>), disclosed an insider sell on March 14, according to a recent SEC filing.</p>
<p><strong>What Happened:</strong> Schaeffer's decision to sell 35,000 shares of <strong>Cogent Comms Hldgs</strong> was revealed in a Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0001158324/000141588924007919//Archives/edgar/data/1158324/000141588924007919/0001415889-24-007919-index.htm">U.S. Securities and Exchange Commission</a> on Thursday. The total value of the sale is $2,377,550.</p>
<p><strong>Cogent Comms Hldgs</strong> shares are trading down 0.1% at $67.22 at the time of this writing on Thursday morning.</p>
<h3>About Cogent Comms Hldgs</h3>
<p>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.</p>
<h3>Cogent Comms Hldgs: Delving into Financials</h3>
<p><strong>Revenue Growth:</strong> Cogent Comms Hldgs's revenue growth over a period of 3 months has been noteworthy. As of 31 December, 2023, the company achieved a revenue growth rate of approximately <strong>79.04%</strong>. This indicates a substantial increase in the company's top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Communication Services sector.</p>
<p><strong>Analyzing Profitability Metrics:</strong></p>
<ul>
<li>
<p><strong>Gross Margin:</strong> With a low gross margin of <strong>35.87%</strong>, the company exhibits below-average profitability, signaling potential struggles in cost efficiency compared to its industry peers.</p>
</li>
<li>
<p><strong>Earnings per Share (EPS):</strong> Cogent Comms Hldgs's EPS outshines the industry average, indicating a strong bottom-line trend with a current EPS of <strong>4.23</strong>.</p>
</li>
</ul>
<p><strong>Debt Management:</strong> With a high debt-to-equity ratio of <strong>3.0</strong>, Cogent Comms Hldgs faces challenges in effectively managing its debt levels, indicating potential financial strain.</p>
<p><strong>Navigating Market Valuation:</strong></p>
<ul>
<li>
<p><strong>Price to Earnings (P/E) Ratio:</strong> The P/E ratio of <strong>2.53</strong> is lower than the industry average, implying a discounted valuation for Cogent Comms Hldgs's stock.</p>
</li>
<li>
<p><strong>Price to Sales (P/S) Ratio:</strong> The current P/S ratio of <strong>3.42</strong> is below industry norms, suggesting potential undervaluation and presenting an investment opportunity for those considering sales performance.</p>
</li>
<li>
<p><strong>EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization):</strong> With a below-average EV/EBITDA ratio of <strong>3.17</strong>, Cogent Comms Hldgs presents an opportunity for value investors. This lower valuation may attract investors seeking undervalued opportunities.</p>
</li>
</ul>
<p><strong>Market Capitalization Analysis:</strong> Below industry benchmarks, the company's market capitalization reflects a smaller scale relative to peers. This could be attributed to factors such as growth expectations or operational capacity.</p>
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<h3>Why Insider Activity Matters in Finance</h3>
<p>Insightful as they may be, insider transactions should be considered alongside a thorough examination of other investment criteria.</p>
<p>Considering the legal perspective, an "insider" is defined as any officer, director, or beneficial owner holding more than ten percent of a company's equity securities, according to Section 12 of the Securities Exchange Act of 1934. This includes executives in the c-suite and major hedge funds. These insiders are mandated to disclose their transactions through a Form 4 filing, to be submitted within two business days of the transaction.</p>
<p>Pointing towards optimism, a company insider's new purchase signals their positive anticipation for the stock to rise.</p>
<p>Nevertheless, insider sells may not necessarily indicate a bearish view and can be influenced by various factors.</p>
<h3>A Closer Look at Important Transaction Codes</h3>
<p>When analyzing transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> tend to focus on those in the open market, detailed in Table I of the Form 4 filing. A <strong>P</strong> in Box 3 denotes a purchase,while <strong>S</strong> signifies a sale. Transaction code <strong>C</strong> signals the conversion of an option, and transaction code <strong>A</strong> denotes a grant, award, or other acquisition of securities from the company.</p>
<p><a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0001158324"><strong>Check Out The Full List Of Cogent Comms Hldgs's Insider Trades.</strong></a></p>
<p><em>This article was generated by Benzinga's automated content engine and reviewed by an editor.</em></p>


Insider Trades

David Schaeffer Implements A Sell Strategy: Offloads $2.38M In Cogent Comms Hldgs Stock

<p>MoffettNathanson  analyst Nick DelDeo   maintains Cogent Comms Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CCOI#NASDAQ">CCOI</a>) with a Buy and raises the price target from $95 to $105.</p>


MoffettNathanson Maintains Buy on Cogent Comms Hldgs, Raises Price Target to $105

WIIM

Cogent Communications Holdings shares are trading lower after B of A Securities downgraded the stock from Buy to Neutral and lowered its price target from $85 to $75.

<p>Analysts' ratings for Cogent Comms Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CCOI#NASDAQ">CCOI</a>) over the last quarter vary from bullish to bearish, as provided by 4 analysts.</p>
<p>Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.</p>
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;"><strong>Bullish</strong></th>
<th style="text-align: right;"><strong>Somewhat Bullish</strong></th>
<th style="text-align: right;"><strong>Indifferent</strong></th>
<th style="text-align: right;"><strong>Somewhat Bearish</strong></th>
<th style="text-align: right;"><strong>Bearish</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>Total Ratings</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>Last 30D</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>1M Ago</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>2M Ago</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>3M Ago</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
<p>Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $80.0, a high estimate of $88.00, and a low estimate of $73.00. A negative shift in sentiment is evident as analysts have decreased the average price target by 1.54%. </p>
<p><img src="https://www.benzinga.com/files/images/story/2024/1709827299_0.png" alt="price target chart" /></p>
<h2>Breaking Down Analyst Ratings: A Detailed Examination</h2>
<p>The perception of Cogent Comms Hldgs by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.</p>
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>David Barden</td>
<td>B of A Securities</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$75.00</td>
<td>$85.00</td>
</tr>
<tr>
<td>Philip Cusick</td>
<td>JP Morgan</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$73.00</td>
<td>$74.00</td>
</tr>
<tr>
<td>Josh Beck</td>
<td>Keybanc</td>
<td>Raises</td>
<td>Overweight</td>
<td>$88.00</td>
<td>$85.00</td>
</tr>
<tr>
<td>Gregory Williams</td>
<td>TD Cowen</td>
<td>Raises</td>
<td>Outperform</td>
<td>$84.00</td>
<td>$81.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li><strong>Action Taken:</strong> Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Cogent Comms Hldgs. This information offers a snapshot of how analysts perceive the current state of the company.</li>
<li><strong>Rating:</strong> Analysts assign qualitative assessments to stocks, ranging from 'Outperform' to 'Underperform'. These ratings convey the analysts' expectations for the relative performance of Cogent Comms Hldgs compared to the broader market.</li>
<li><strong>Price Targets:</strong> Delving into movements, analysts provide estimates for the future value of Cogent Comms Hldgs's stock. This analysis reveals shifts in analysts' expectations over time.</li>
</ul>
<p>To gain a panoramic view of Cogent Comms Hldgs's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.</p>
<p><a href="https://www.benzinga.com/quote/CCOI/analyst-ratings?utm_source=Benzinga Insights"><strong>Stay up to date on Cogent Comms Hldgs analyst ratings.</strong></a></p>
<h2>All You Need to Know About Cogent Comms Hldgs</h2>
<p>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.</p>
<h3>Financial Milestones: Cogent Comms Hldgs's Journey</h3>
<p><strong>Market Capitalization:</strong> Exceeding industry standards, the company's market capitalization places it above industry average in size relative to peers. This emphasizes its significant scale and robust market position.</p>
<p><strong>Revenue Growth:</strong> Cogent Comms Hldgs's remarkable performance in 3 months is evident. As of 31 December, 2023, the company achieved an impressive revenue growth rate of <strong>79.04%</strong>. This signifies a substantial increase in the company's top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Communication Services sector.</p>
<p><strong>Net Margin:</strong> The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of <strong>73.56%,</strong> the company showcases strong profitability and effective cost control.</p>
<p><strong>Return on Equity (ROE):</strong> Cogent Comms Hldgs's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of <strong>38.06%,</strong> the company showcases efficient use of equity capital and strong financial health.</p>
<p><strong>Return on Assets (ROA):</strong> Cogent Comms Hldgs's ROA stands out, surpassing industry averages. With an impressive ROA of <strong>6.48%</strong>, the company demonstrates effective utilization of assets and strong financial performance.</p>
<p><strong>Debt Management:</strong> The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at <strong>3.0</strong>.</p>
<h2>How Are Analyst Ratings Determined?</h2>
<p>Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.</p>
<p>Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.</p>
<p>Analysts may supplement their ratings with predictions for metrics like growth estimates, earnings, and revenue, offering investors a more comprehensive outlook. However, investors should be mindful that analysts, like any human, can have subjective perspectives influencing their forecasts.</p>
<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


In-Depth Examination Of 4 Analyst Recommendations For Cogent Comms Hldgs

<p>B of A Securities  analyst David Barden   downgrades Cogent Comms Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CCOI#NASDAQ">CCOI</a>) from Buy to Neutral and lowers the price target from $85 to $75.</p>


Downgrades

B of A Securities Downgrades Cogent Comms Hldgs to Neutral, Lowers Price Target to $75

<p>JP Morgan  analyst Philip Cusick   maintains Cogent Comms Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CCOI#NASDAQ">CCOI</a>) with a Neutral and lowers the price target from $74 to $73.</p>


JP Morgan Maintains Neutral on Cogent Comms Hldgs, Lowers Price Target to $73

<p>Keybanc  analyst Josh Beck   maintains Cogent Comms Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CCOI#NASDAQ">CCOI</a>) with a Overweight and raises the price target from $85 to $88.</p>


Keybanc Maintains Overweight on Cogent Comms Hldgs, Raises Price Target to $88

<p>LightShed Partners  analyst Walter Piecyk   downgrades Cogent Comms Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CCOI#NASDAQ">CCOI</a>) from Neutral to Sell.</p>


LightShed Partners Downgrades Cogent Comms Hldgs to Sell

<p>TD Cowen has decided to maintain its Outperform rating of Cogent Comms Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CCOI#NASDAQ">CCOI</a>) and raise its price target from $81.00 to $84.00.</p>
<p>Shares of Cogent Comms Hldgs are trading down 0.51% over the last 24 hours, at $80.50 per share.</p>
<p>A move to $84.00 would account for a 4.35% increase from the current share price.</p>
<h3>About Cogent Comms Hldgs</h3>
<p>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 U.S.</p>
<h3>About Analyst Ratings</h3>
<p>Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.</p>
<p>Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.</p>
<p>If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along with analyst success scores in <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.</p>
<p><em>This article was generated by Benzinga's automated content engine and reviewed by an editor.</em></p>


TD Cowen Maintains Outperform Rating for Cogent Comms Hldgs: Here's What You Need To Know

<p>TD Cowen  analyst Gregory Williams   maintains Cogent Comms Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CCOI#NASDAQ">CCOI</a>) with a Outperform and raises the price target from $81 to $84.</p>


TD Cowen Maintains Outperform on Cogent Comms Hldgs, Raises Price Target to $84

<ul>
<li>Cogent approved an increase of&nbsp;$0.01&nbsp;per share to its regular quarterly dividend for a total of&nbsp;$0.965&nbsp;per share for&nbsp;Q1&nbsp;2024 as compared to&nbsp;$0.955&nbsp;per share for&nbsp;Q4&nbsp;2023 &ndash; Cogent&#39;s forty-sixth consecutive quarterly dividend increase.</li>
</ul>


Cogent Communications Holdings Approved a Q1 FY24 Dividend/Share of $0.965 Vs $$0.955/Share for Q4 FY23

Cogent Comms Hldgs Q4 EPS $4.17 Vs $0.02 YoY, Sales $272.10M Beat $271.08M Estimate

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Melco Resorts & Entertainment Limited - American Depositary Shares

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Earnings Scheduled For February 29, 2024

<h3>What Defines a Value Stock?</h3>
<p>A value stock is traditionally defined in terms of how investors in the marketplace are valuing that company's future growth prospects. Low P/E multiples are good base indicators that the company is undervalued and can most likely be labelled as a value stock. </p>
<h2>The following stocks are considered to be notable value stocks in the communication services sector:</h2>
<ol>
<li><strong>Cogent Comms Hldgs</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CCOI#NASDAQ">CCOI</a>) - P/E: 3.43</li>
<li><strong>Lendway</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LDWY#NASDAQ">LDWY</a>) - P/E: 0.86</li>
<li><strong>Sinclair</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SBGI#NASDAQ">SBGI</a>) - P/E: 8.55</li>
<li><strong>Telecom Argentina</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TEO#NYSE">TEO</a>) - P/E: 9.91</li>
<li><strong>Weibo</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WB#NASDAQ">WB</a>) - P/E: 5.21</li>
</ol>
<p>Cogent Comms Hldgs's earnings per share for Q3 sits at $-1.2, whereas in Q2, they were at -0.67. Its most recent dividend yield is at 5.88%, which has decreased by 0.37% from 6.25% in the previous quarter.</p>
<p>Most recently, Lendway reported earnings per share at $0.63, whereas in Q2 earnings per share sat at $-0.02. Most recently, Sinclair reported earnings per share at $-0.3, whereas in Q2 earnings per share sat at $1.67. The company's most recent dividend yield sits at 9.2%, which has increased by 1.87% from 7.33% last quarter. </p>
<p>Telecom Argentina saw an increase in earnings per share from 0.03 in Q2 to $0.23 now. This quarter, Weibo experienced an increase in earnings per share, which was $0.53 in Q2 and is now $0.57. </p>
<p>These 5 value stocks were selected by <strong>Benzinga Insights</strong> based on quantified analysis. While this methodical judgment process is not meant to make final decisions, our technology can give investors additional perception into the sector.</p>


LDWY

Telecom Argentina Stet - France Telecom S.A.

5 Value Stocks In The Communication Services Sector

<h3>What are Value Stocks?</h3>
<p>A value stock is traditionally defined in terms of how investors in the marketplace are valuing that company's future growth prospects. Low P/E multiples are good base indicators that the company is undervalued and can most likely be labelled as a value stock. </p>
<h2>The following stocks are considered to be notable value stocks in the communication services sector:</h2>
<ol>
<li><strong>Lendway</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LDWY#NASDAQ">LDWY</a>) - P/E: 0.91</li>
<li><strong>Cogent Comms Hldgs</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CCOI#NASDAQ">CCOI</a>) - P/E: 3.3</li>
<li><strong>Hello Gr</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MOMO#NASDAQ">MOMO</a>) - P/E: 4.94</li>
<li><strong>National CineMedia</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NCMI#NASDAQ">NCMI</a>) - P/E: 0.19</li>
<li><strong>Telecom Argentina</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TEO#NYSE">TEO</a>) - P/E: 9.11</li>
</ol>
<p>This quarter, Lendway experienced an increase in earnings per share, which was $-0.02 in Q2 and is now $0.63. Cogent Comms Hldgs saw a decrease in earnings per share from -0.67 in Q2 to $-1.2 now. The company's most recent dividend yield sits at 5.88%, which has decreased by 0.37% from 6.25% last quarter. </p>
<p>Hello Gr saw a decrease in earnings per share from 0.43 in Q2 to $0.42 now. This quarter, National CineMedia experienced an increase in earnings per share, which was $-0.7 in Q2 and is now $-0.34. Its most recent dividend yield is at 6.94%, which has increased by 1.17% from 5.77% in the previous quarter.</p>
<p>Telecom Argentina saw an increase in earnings per share from 0.03 in Q2 to $0.23 now. </p>
<p><strong>The Significance:</strong> A value stock may need some time to rebound from its undervalued position. The risk of investing in a value stock is that this emergence may never materialize.</p>


MOMO

NCMI

Overview Of Value Stocks In The Communication Services Sector

<h3>What is a Value Stock?</h3>
<p>A value stock traditionally has a lower price when compared to stock prices of companies in the same industry. This indicates that the company may be undervalued, as investors are not expressing as much interest in such companies. The most commonly used way to check for value is with the price-to-earnings multiple, or P/E. A low P/E multiple is a good indication that the stock is undervalued. </p>
<h2>The following stocks are considered to be notable value stocks in the communication services sector:</h2>
<ol>
<li><strong>Xunlei</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/XNET#NASDAQ">XNET</a>) - P/E: 6.61</li>
<li><strong>Cogent Comms Hldgs</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CCOI#NASDAQ">CCOI</a>) - P/E: 3.36</li>
<li><strong>VEON</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VEON#NASDAQ">VEON</a>) - P/E: 2.78</li>
<li><strong>SK Telecom Co</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SKM#NYSE">SKM</a>) - P/E: 9.81</li>
<li><strong>DISH Network</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DISH#NASDAQ">DISH</a>) - P/E: 2.98</li>
</ol>
<p>Xunlei saw a decrease in earnings per share from 0.13 in Q2 to $0.08 now. This quarter, Cogent Comms Hldgs experienced a decrease in earnings per share, which was $-0.67 in Q2 and is now $-1.2. The company's most recent dividend yield sits at 5.88%, which has decreased by 0.37% from 6.25% last quarter. </p>
<p>VEON saw a decrease in earnings per share from 0.14 in Q2 to $0.07 now. Its most recent dividend yield is at 11.03%, which has increased by 2.03% from 9.0% in the previous quarter.</p>
<p>SK Telecom Co's earnings per share for Q2 sits at $0.63, whereas in Q1, they were at 0.57. Most recently, DISH Network reported earnings per share at $-0.26, whereas in Q2 earnings per share sat at $0.31. </p>
<p>These 5 value stocks were selected by <strong>Benzinga Insights</strong> based on quantified analysis. While this methodical judgment process is not meant to make final decisions, our technology can give investors additional perception into the sector.</p>


DISH

VEON

XNET

A Look Into Communication Services Sector Value Stocks

<h3>What are Value Stocks?</h3>
<p>A value stock traditionally has a lower price when compared to stock prices of companies in the same industry. This indicates that the company may be undervalued, as investors are not expressing as much interest in such companies. The most commonly used way to check for value is with the price-to-earnings multiple, or P/E. A low P/E multiple is a good indication that the stock is undervalued. </p>
<h2>Below is a list of notable value stocks in the communication services sector:</h2>
<ol>
<li><strong>Gannett Co</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GCI#NYSE">GCI</a>) - P/E: 9.8</li>
<li><strong>GRAVITY Co</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GRVY#NASDAQ">GRVY</a>) - P/E: 4.89</li>
<li><strong>Cogent Comms Hldgs</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CCOI#NASDAQ">CCOI</a>) - P/E: 3.07</li>
<li><strong>Lendway</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LDWY#NASDAQ">LDWY</a>) - P/E: 0.92</li>
<li><strong>GD Culture Group</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GDC#NASDAQ">GDC</a>) - P/E: 0.21</li>
</ol>
<p>Most recently, Gannett Co reported earnings per share at $-0.18, whereas in Q2 earnings per share sat at $-0.04. GRAVITY Co saw a decrease in earnings per share from 4.92 in Q2 to $3.09 now. Cogent Comms Hldgs saw a decrease in earnings per share from -0.67 in Q2 to $-1.2 now. Its most recent dividend yield is at 5.88%, which has decreased by 0.37% from 6.25% in the previous quarter.</p>
<p>Lendway saw an increase in earnings per share from -0.02 in Q2 to $0.63 now. GD Culture Group's earnings per share for Q3 sits at $-1.15, whereas in Q2, they were at -0.07. </p>
<p>These 5 value stocks were selected by <strong>Benzinga Insights</strong> based on quantified analysis. While this methodical judgment process is not meant to make final decisions, our technology can give investors additional perception into the sector.</p>


GRVY

<p>During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a <a href="https://www.benzinga.com/yield-investments"><em> high dividend payout. </em></a></p>
<p>Benzinga readers can review the latest analyst takes on&nbsp;their favorite stocks&nbsp;by visiting our&nbsp;<a href="https://www.benzinga.com/analyst-stock-ratings" target="_blank">Analyst Stock Ratings&nbsp;</a>page. Traders can sort through Benzinga&#39;s extensive database of analyst ratings, including&nbsp;by analyst accuracy. Here&#39;s a look at the most recent high-yield dividend&nbsp;stock ratings from the most accurate Wall Street analysts, according to Benzinga&#39;s&nbsp;<a href="https://www.benzinga.com/analyst-ratings/analyst-color/22/09/28888638/exclusive-study-finds-benzinga-analyst-ratings-data-yields-market-beating-strategie">Analyst Stock&nbsp;</a><a href="https://www.benzinga.com/analyst-ratings/analyst-color/22/09/28888638/exclusive-study-finds-benzinga-analyst-ratings-data-yields-market-beating-strategie">Ratings</a>.</p>
<p>Below are the ratings of the most accurate analysts for three high-yielding stocks in the communication services sector.</p>
<h3><strong>Cogent Communications Holdings, Inc. </strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ccoi#NASDAQ">CCOI</a>)</h3>
<ul>
<li><strong>Dividend Yield:</strong> 5.74%</li>
<li><strong>Keybanc</strong> analyst Josh Beck maintained an Overweight rating and raised the price target from $77 to $80 on Aug. 11, 2023. This analyst has an accuracy rate of 74%.</li>
<li><strong>JP Morgan</strong> analyst Philip Cusick downgraded the stock from Overweight to Neutral and cut the price target from $72 to $70 on May 8, 2023. This analyst has an accuracy rate of 63%.</li>
<li><strong>Recent News:</strong> Cogent Communications posted a wider-than-expected third-quarter loss.</li>
</ul>
<h3><strong>The Interpublic Group of Companies, Inc.</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ipg#NYSE">IPG</a>)</h3>
<ul>
<li><strong>Dividend Yield:</strong> 4.16%</li>
<li><strong>Citigroup</strong> analyst Jason Bazinet maintained a Buy rating and cut the price target from $43 to $40 on Oct. 23, 2023. This analyst has an accuracy rate of 68%.</li>
<li><strong>Morgan Stanley</strong> analyst Benjamin Swinburne maintained an Equal-Weight rating and lowered the price target from $35 to $33 on Oct. 23, 2023. This analyst has an accuracy rate of 73%.</li>
<li><strong>Recent News:</strong> Interpublic reported mixed third-quarter financial results.</li>
</ul>
<h3><strong>Nexstar Media Group, Inc. </strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/nxst#NASDAQ">NXST</a>)</h3>
<ul>
<li><strong>Dividend Yield:</strong> 3.67%</li>
<li><strong>Rosenblatt</strong> analyst Barton Crockett reiterated a Buy rating with a price target of $230 on Sept. 15, 2023. This analyst has an accuracy rate of 61%.</li>
<li><strong>Benchmark</strong> analyst Daniel Kurnos reiterated a Buy rating with a price target of $230 on March 1, 2023. This analyst has an accuracy rate of 78%.</li>
<li><strong>Recent News:</strong> Nexstar Media reported a third-quarter FY23 net revenue decline of 10.8% Y/Y to $1.13 billion, missing the consensus of $1.17 billion.</li>
</ul>
<p>&nbsp;</p>
<p>Read More: <a href="https://www.benzinga.com/trading-ideas/long-ideas/23/11/35826786/insiders-buying-apyx-medical-and-3-other-stocks-under-3"><em> Insiders Buying Apyx Medical And 3 Other Stocks Under $3</em></a></p>


Check Out 3 High-Yielding Dividend Stocks In Tech And Telecom Sector From Wall Street's Most Accurate Analysts

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CDLX

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GRND

HUYA

KIND

LUMN

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MTCH

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SSTK

Shares of several companies in the broader communication, media and entertainment sector are trading higher amid overall market strength following softer-than-expected October inflation data, which could put less pressure on the Fed to raise rates further.

<p><a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a></p>
<p>Value investing can be partitioned into various categories, one of which is high-yield dividend investing. High-yield value investing allows investors to experience the best of both worlds by receiving optimal utility for money via income and value appreciation.</p>



<p>However, despite the allure of high-yield value investing, caution is necessary because value traps are common. </p>



<p>To sidestep value traps, one must differentiate between accretive value and busted growth. Doing so requires diligence in the investment research process, which is where I come in. I researched the stock market and discovered three value-based <a href="https://investorplace.com/stock-types/dividend-stocks/">dividend stocks</a> to buy by implementing comprehensive criteria spanning fundamental and quantitative aspects.</p>



<p>Here are my three best-in-class high-dividend value stock picks.</p>



<h2>Cogent Communications Holdings (CCOI)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2020/04/ccoi-stock-1-300x169.jpg" alt="A  photo of the  cogent logo inside a magnifying glass"><div>Source: Pavel Kapysh / Shutterstock.com</div></div><p>As its name implies, <strong>Cogent Communications</strong> (NASDAQ:<span><a href="https://investorplace.com/stock-quotes/ccoi-stock-quote/"><strong>CCOI</strong></a></span>) operates in the telecommunications industry. The firm has a global footprint but primarily features in the United States, servicing enterprises, carriers, and content providers. Besides managing one of the largest fiber-optic networks, Cogent&rsquo;s key offerings include adjacent internet products, VPN, colocation, and transport.</p>



<p>Cogent&rsquo;s stock has <a href="https://investorplace.com/stock-quotes/ccoi-stock-quote/">traded flat</a> since acquiring <strong>T-Mobile&rsquo;s</strong> wireless business, also known as <strong>Sprint</strong>,&nbsp;<a href="https://www.cogentco.com/en/" target="_blank">in May 2023</a>, indicating that market participants had mixed feelings about the deal. However, various benefactors have emerged. For example, Cogent Communications received a &ldquo;Buy&rdquo; rating from <strong>Bank of America</strong> (NYSE:<a href="https://investorplace.com/stock-quotes/bac-stock-quote/" target="_blank"><strong>BAC</strong></a>) this month,&nbsp;<a href="https://seekingalpha.com/news/4077194-sba-communications-raised-to-buy-as-bofa-sees-green-shoots-emerging" target="_blank">with the bank citing</a>&nbsp;increased carrier tower demand. Furthermore, Cogent delivered a stellar fourth-quarter earnings report last month, which communicated&nbsp;<a href="https://seekingalpha.com/news/4073786-cogent-communications-gaap-eps-of-4_17-revenue-of-272_09m-beats-2_31m" target="_blank">$272.09 million</a>&nbsp;in revenue, a 79% year-over-year increase.</p>



<p>Lastly, CCOI stock&rsquo;s valuation and dividend metrics are superb. For instance, Cogent&rsquo;s price-to-earnings ratio of 2.55x is at a sector discount of <a href="https://seekingalpha.com/symbol/CCOI/valuation/metrics">approximately&nbsp;86%</a>, and its <a href="https://seekingalpha.com/symbol/CCOI/dividends/scorecard">dividend yield of&nbsp;5.69%</a>&nbsp;is alluring.</p>



<p>CCOI stock is ready to deliver multiyear returns!</p>



<h2>Bain Capital Speciality Finance (BCSF)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2020/11/dividends-1600-300x169.jpg" alt='stock market ticker screen with the word "dividends" appearing in large text. Must-Have Dividend Stocks. Dividend kings to own'><div>Source: iQoncept/shutterstock.com</div></div><p><strong>Bain Capital Speciality Finance</strong> (NYSE:<span><a href="https://investorplace.com/stock-quotes/bcsf-stock-quote/"><strong>BCSF</strong></a></span>) runs an underrated business model. The firm invests in private credit and engages with its portfolio companies via business development. The objective of Bain&rsquo;s business development is to deliver its portfolio constituents with internal credit enhancement while concurrently enhancing the risk-return profile of its loan book.</p>



<p>Recent data communicates the success of Bain Capital Speciality Finance&rsquo;s business model. For example, Bain&rsquo;s portfolio <a href="https://www.baincapitalspecialtyfinance.com/investor-relations/events-presentations">spans&nbsp;137&nbsp;investments</a> with a weighted average yield of 13%, illustrating optimized diversification. Moreover, the entity has a solid liquidity position of $448 million, showing that it can invest throughout the economic cycle to deliver its investors with robust returns.</p>



<p>BCSF stock&rsquo;s <a href="https://seekingalpha.com/symbol/BCSF/valuation/metrics">price-to-book ratio of&nbsp;0.9x</a>&nbsp;suggests it is grossly undervalued. In addition, BCSF&rsquo;s <a href="https://seekingalpha.com/symbol/BCSF/dividends/scorecard">forward dividend yield of 10.65%</a> is sumptuous.</p>



<p>Although subdued&nbsp;<a href="https://fred.stlouisfed.org/series/BAMLH0A0HYM2" target="_blank">U.S. credit spreads</a>&nbsp;are a threat to the company&rsquo;s near-term profitability, the aforementioned factors show that BCSF stock is a solid investment.</p>



<h2>Intesa Sanpaolo (ISNPY)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2024/02/banking1011600-300x169.jpg" alt="A pink piggy bank sitting on three stacked textbooks with a green chalkboard in the background."><div>Source: Shutterstock</div></div><p><strong>Intesa Sanpaolo</strong> (OTCMKTS:<span><a href="https://investorplace.com/stock-quotes/isnpy-stock-quote/"><strong>ISNPY</strong></a></span>) is a favorite of <strong>JPMorgan</strong> (NYSE:<a href="https://investorplace.com/stock-quotes/jpm-stock-quote/" target="_blank"><strong>JPM</strong></a>). JPMorgan recently scouted European stocks with safe dividend yields and listed ISNPY as one of its top 40 picks. However, JPMorgan&rsquo;s analysis is isolated. So, let&rsquo;s explore Intesa Sanpaolo in more depth.</p>



<p>For those unaware, Intesa Sanpaolo is an Italian bank. Its strength lies in its ability to tap into high-yielding consumer debt while maintaining cheap financing costs, echoed by its <a href="https://seekingalpha.com/symbol/ISNPY/profitability">net profit margin of&nbsp;32.72%</a>.</p>



<p>Intesa is set to benefit from interest rate pivots in the Euro region. This allows for affordable financing costs and wider credit spreads on loans. Moreover, developed market equities are in good shape, which could translate into higher intermediation profits for Intesa Sanpaolo.</p>



<p>Key metrics indicate that ISNPY stock looks likely to prosper. For example, ISNPY stock has a <a href="https://seekingalpha.com/symbol/ISNPY/valuation/metrics">price-to-book ratio of merely&nbsp;0.93x</a>&nbsp;and a dividend yield of 7.47%. In addition, Intesa Sanpaolo&rsquo;s common <a href="https://seekingalpha.com/news/4063171-intesa-sanpaolo-reports-q4-results">equity tier 1 ratio of&nbsp;13.7%</a>&nbsp;conveys operational resilience.</p>



<p>Don&rsquo;t miss out here!</p>



<p><em>On the date of publication, Steve Booyens did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com&nbsp;<a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/">Publishing Guidelines</a></em>.</p>
<div><p>Steve Booyens co-founded Pearl Gray Equity and Research in 2020 and has been responsible for institutional equity research and PR ever since. Before founding the firm, Steve spent time working in various finance roles in London and South Africa. He holds an MSc in Investment Banking from Queen Mary &ndash; University of London. Furthermore, Steve has passed CFA Levels 1 &amp; 2 and is working toward his Ph.D. in Finance. His articles are published on various reputable web pages such as Seeking Alpha, TipRanks, Yahoo Finance, and Benzinga. Steve&rsquo;s articles on InvestorPlace form an interesting juxtaposition between mainstream opinion and objective theory. Readers can expect coverage on frequently traded stocks, REITs, fixed-income funds, CEFs, and ETFs.</p></div><h3>More From InvestorPlace</h3>
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<p>The post <a href="https://investorplace.com/2024/03/the-3-most-undervalued-dividend-stocks-to-buy-in-march-2024/">The 3 Most Undervalued Dividend Stocks to Buy in March 2024</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.</p>

The 3 Most Undervalued Dividend Stocks to Buy in March 2024

<p><a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a></p>
<p>Value investing can be partitioned into various categories, one of which is high-yield dividend investing. High-yield value investing allows investors to experience the best of both worlds by receiving optimal utility for money via income and value appreciation.</p>



<p>However, despite the allure of high-yield value investing, caution is necessary because value traps are common. </p>



<p>To sidestep value traps, one must differentiate between accretive value and busted growth. Doing so requires diligence in the investment research process, which is where I come in. I researched the stock market and discovered three value-based <a href="https://investorplace.com/stock-types/dividend-stocks/">dividend stocks</a> to buy by implementing comprehensive criteria spanning fundamental and quantitative aspects.</p>



<p>Here are my three best-in-class high-dividend value stock picks.</p>



<h2>Cogent Communications Holdings (CCOI)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2020/04/ccoi-stock-1-300x169.jpg" alt="A  photo of the  cogent logo inside a magnifying glass"><div>Source: Pavel Kapysh / Shutterstock.com</div></div><p>As its name implies, <strong>Cogent Communications</strong> (NASDAQ:<span><a href="https://investorplace.com/stock-quotes/ccoi-stock-quote/"><strong>CCOI</strong></a></span>) operates in the telecommunications industry. The firm has a global footprint but primarily features in the United States, servicing enterprises, carriers, and content providers. Besides managing one of the largest fiber-optic networks, Cogent&rsquo;s key offerings include adjacent internet products, VPN, colocation, and transport.</p>



<p>Cogent&rsquo;s stock has <a href="https://investorplace.com/stock-quotes/ccoi-stock-quote/">traded flat</a> since acquiring <strong>T-Mobile&rsquo;s</strong> wireless business, also known as <strong>Sprint</strong>,&nbsp;<a href="https://www.cogentco.com/en/" target="_blank">in May 2023</a>, indicating that market participants had mixed feelings about the deal. However, various benefactors have emerged. For example, Cogent Communications received a &ldquo;Buy&rdquo; rating from <strong>Bank of America</strong> (NYSE:<a href="https://investorplace.com/stock-quotes/bac-stock-quote/" target="_blank"><strong>BAC</strong></a>) this month,&nbsp;<a href="https://seekingalpha.com/news/4077194-sba-communications-raised-to-buy-as-bofa-sees-green-shoots-emerging" target="_blank">with the bank citing</a>&nbsp;increased carrier tower demand. Furthermore, Cogent delivered a stellar fourth-quarter earnings report last month, which communicated&nbsp;<a href="https://seekingalpha.com/news/4073786-cogent-communications-gaap-eps-of-4_17-revenue-of-272_09m-beats-2_31m" target="_blank">$272.09 million</a>&nbsp;in revenue, a 79% year-over-year increase.</p>



<p>Lastly, CCOI stock&rsquo;s valuation and dividend metrics are superb. For instance, Cogent&rsquo;s price-to-earnings ratio of 2.55x is at a sector discount of <a href="https://seekingalpha.com/symbol/CCOI/valuation/metrics">approximately&nbsp;86%</a>, and its <a href="https://seekingalpha.com/symbol/CCOI/dividends/scorecard">dividend yield of&nbsp;5.69%</a>&nbsp;is alluring.</p>



<p>CCOI stock is ready to deliver multiyear returns!</p>



<h2>Bain Capital Speciality Finance (BCSF)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2020/11/dividends-1600-300x169.jpg" alt='stock market ticker screen with the word "dividends" appearing in large text. Must-Have Dividend Stocks. Dividend kings to own'><div>Source: iQoncept/shutterstock.com</div></div><p><strong>Bain Capital Speciality Finance</strong> (NYSE:<span><a href="https://investorplace.com/stock-quotes/bcsf-stock-quote/"><strong>BCSF</strong></a></span>) runs an underrated business model. The firm invests in private credit and engages with its portfolio companies via business development. The objective of Bain&rsquo;s business development is to deliver its portfolio constituents with internal credit enhancement while concurrently enhancing the risk-return profile of its loan book.</p>



<p>Recent data communicates the success of Bain Capital Speciality Finance&rsquo;s business model. For example, Bain&rsquo;s portfolio <a href="https://www.baincapitalspecialtyfinance.com/investor-relations/events-presentations">spans&nbsp;137&nbsp;investments</a> with a weighted average yield of 13%, illustrating optimized diversification. Moreover, the entity has a solid liquidity position of $448 million, showing that it can invest throughout the economic cycle to deliver its investors with robust returns.</p>



<p>BCSF stock&rsquo;s <a href="https://seekingalpha.com/symbol/BCSF/valuation/metrics">price-to-book ratio of&nbsp;0.9x</a>&nbsp;suggests it is grossly undervalued. In addition, BCSF&rsquo;s <a href="https://seekingalpha.com/symbol/BCSF/dividends/scorecard">forward dividend yield of 10.65%</a> is sumptuous.</p>



<p>Although subdued&nbsp;<a href="https://fred.stlouisfed.org/series/BAMLH0A0HYM2" target="_blank">U.S. credit spreads</a>&nbsp;are a threat to the company&rsquo;s near-term profitability, the aforementioned factors show that BCSF stock is a solid investment.</p>



<h2>Intesa Sanpaolo (ISNPY)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2024/02/banking1011600-300x169.jpg" alt="A pink piggy bank sitting on three stacked textbooks with a green chalkboard in the background."><div>Source: Shutterstock</div></div><p><strong>Intesa Sanpaolo</strong> (OTCMKTS:<span><a href="https://investorplace.com/stock-quotes/isnpy-stock-quote/"><strong>ISNPY</strong></a></span>) is a favorite of <strong>JPMorgan</strong> (NYSE:<a href="https://investorplace.com/stock-quotes/jpm-stock-quote/" target="_blank"><strong>JPM</strong></a>). JPMorgan recently scouted European stocks with safe dividend yields and listed ISNPY as one of its top 40 picks. However, JPMorgan&rsquo;s analysis is isolated. So, let&rsquo;s explore Intesa Sanpaolo in more depth.</p>



<p>For those unaware, Intesa Sanpaolo is an Italian bank. Its strength lies in its ability to tap into high-yielding consumer debt while maintaining cheap financing costs, echoed by its <a href="https://seekingalpha.com/symbol/ISNPY/profitability">net profit margin of&nbsp;32.72%</a>.</p>



<p>Intesa is set to benefit from interest rate pivots in the Euro region. This allows for affordable financing costs and wider credit spreads on loans. Moreover, developed market equities are in good shape, which could translate into higher intermediation profits for Intesa Sanpaolo.</p>



<p>Key metrics indicate that ISNPY stock looks likely to prosper. For example, ISNPY stock has a <a href="https://seekingalpha.com/symbol/ISNPY/valuation/metrics">price-to-book ratio of merely&nbsp;0.93x</a>&nbsp;and a dividend yield of 7.47%. In addition, Intesa Sanpaolo&rsquo;s common <a href="https://seekingalpha.com/news/4063171-intesa-sanpaolo-reports-q4-results">equity tier 1 ratio of&nbsp;13.7%</a>&nbsp;conveys operational resilience.</p>



<p>Don&rsquo;t miss out here!</p>



<p><em>On the date of publication, Steve Booyens did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com&nbsp;<a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/">Publishing Guidelines</a></em>.</p>
<div><p>Steve Booyens co-founded Pearl Gray Equity and Research in 2020 and has been responsible for institutional equity research and PR ever since. Before founding the firm, Steve spent time working in various finance roles in London and South Africa. He holds an MSc in Investment Banking from Queen Mary &ndash; University of London. Furthermore, Steve has passed CFA Levels 1 &amp; 2 and is working toward his Ph.D. in Finance. His articles are published on various reputable web pages such as Seeking Alpha, TipRanks, Yahoo Finance, and Benzinga. Steve&rsquo;s articles on InvestorPlace form an interesting juxtaposition between mainstream opinion and objective theory. Readers can expect coverage on frequently traded stocks, REITs, fixed-income funds, CEFs, and ETFs.</p></div><h3>More From InvestorPlace</h3>
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