Desjardins Predicts Lower Earnings for Rogers Communications

Rogers Communications Inc. (NYSE:RCI - Free Report) TSE: RCI.B - Research analysts at Desjardins dropped their Q2 2025 earnings estimates for shares of Rogers Communications in a research report issued on Wednesday, April 23rd. Desjardins analyst J. Dubreuil now anticipates that the Wireless communications provider will post earnings of $0.71 per share for the quarter, down from their previous estimate of $0.75. The consensus estimate for Rogers Communications' current full-year earnings is $3.57 per share. Desjardins also issued estimates for Rogers Communications' Q3 2025 earnings at $0.94 EPS, Q4 2025 earnings at $0.93 EPS, FY2026 earnings at $3.42 EPS and FY2027 earnings at $3.72 EPS.

Rogers Communications (NYSE:RCI - Get Free Report) TSE: RCI.B last issued its earnings results on Wednesday, April 23rd. The Wireless communications provider reported $0.69 earnings per share for the quarter, missing the consensus estimate of $0.71 by ($0.02). Rogers Communications had a return on equity of 25.19% and a net margin of 8.40%. The company had revenue of $3.46 billion during the quarter, compared to analyst estimates of $4.96 billion. During the same period in the prior year, the business earned $0.99 earnings per share. Rogers Communications's quarterly revenue was up 1.5% on a year-over-year basis.

Other equities analysts have also recently issued reports about the company. Bank of America cut Rogers Communications from a "buy" rating to a "neutral" rating in a report on Tuesday, January 14th. Scotiabank lowered shares of Rogers Communications from a "sector outperform" rating to a "sector perform" rating in a research report on Tuesday, April 1st. Canaccord Genuity Group raised Rogers Communications from a "hold" rating to a "buy" rating in a research note on Friday, April 4th. Finally, Barclays reiterated an "equal weight" rating on shares of Rogers Communications in a research note on Tuesday, January 21st. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat, Rogers Communications currently has a consensus rating of "Hold" and an average target price of $67.00.

Rogers Communications Price Performance

NYSE:RCI traded up $0.34 during mid-day trading on Friday, reaching $25.50. 819,641 shares of the stock were exchanged, compared to its average volume of 1,012,368. Rogers Communications has a 1-year low of $23.18 and a 1-year high of $41.84. The company has a current ratio of 0.66, a quick ratio of 0.61 and a debt-to-equity ratio of 3.67. The firm has a market capitalization of $13.67 billion, a PE ratio of 10.99, a PEG ratio of 1.43 and a beta of 0.67. The business has a fifty day moving average price of $26.68 and a 200 day moving average price of $30.63.

Institutional Trading of Rogers Communications

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Lindbrook Capital LLC raised its stake in Rogers Communications by 95.1% during the fourth quarter. Lindbrook Capital LLC now owns 1,526 shares of the Wireless communications provider's stock worth $47,000 after acquiring an additional 744 shares in the last quarter. Jones Financial Companies Lllp increased its position in Rogers Communications by 141.4% during the 4th quarter. Jones Financial Companies Lllp now owns 1,796 shares of the Wireless communications provider's stock valued at $55,000 after purchasing an additional 1,052 shares during the period. Versant Capital Management Inc bought a new position in Rogers Communications during the first quarter worth $79,000. Headlands Technologies LLC grew its stake in Rogers Communications by 274.2% during the fourth quarter. Headlands Technologies LLC now owns 5,306 shares of the Wireless communications provider's stock worth $163,000 after purchasing an additional 3,888 shares during the period. Finally, V Square Quantitative Management LLC increased its stake in shares of Rogers Communications by 19.1% in the 4th quarter. V Square Quantitative Management LLC now owns 5,795 shares of the Wireless communications provider's stock valued at $178,000 after acquiring an additional 930 shares in the last quarter. Institutional investors and hedge funds own 45.49% of the company's stock.

Rogers Communications Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, July 3rd. Shareholders of record on Monday, June 9th will be issued a $0.3611 dividend. This is a boost from Rogers Communications's previous quarterly dividend of $0.35. This represents a $1.44 annualized dividend and a yield of 5.66%. The ex-dividend date of this dividend is Monday, June 9th. Rogers Communications's dividend payout ratio is currently 59.66%.

About Rogers Communications

Rogers Communications Inc operates as a communications and media company in Canada. It operates through three segments: Wireless, Cable, and Media. The company offers mobile Internet access, wireless voice and enhanced voice, device financing, device protection, global voice and data roaming, wireless home phone, bridging landline, machine-to-machine and Internet of Things solutions, and advanced wireless solutions for businesses, as well as device shipping and express pickup services; and postpaid and prepaid services under the Rogers, Fido, and chatr brands.