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TSE:RCI.B

Rogers Communications (RCI.B) Stock Price, News & Analysis

C$55.50
-0.16 (-0.29%)
(As of 09/6/2024 ET)
Today's Range
C$55.19
C$56.55
50-Day Range
C$49.49
C$55.66
52-Week Range
C$48.67
C$64.71
Volume
3.23 million shs
Average Volume
1.50 million shs
Market Capitalization
C$23.40 billion
P/E Ratio
34.05
Dividend Yield
3.60%
Price Target
C$69.29

Rogers Communications MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.89 Rating Score
Upside/​Downside
24.8% Upside
C$69.29 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.50mentions of Rogers Communications in the last 14 days
Based on 5 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.03 out of 5 stars

RCI.B stock logo

About Rogers Communications Stock (TSE:RCI.B)

Rogers Communications Inc. operates as a communications and media company in Canada. It operates through three segments: Wireless, Cable, and Media. The Wireless segment offers wireless voice and data communication services to individual consumers, businesses, governments, and other telecommunications service providers; postpaid and prepaid wireless services under the Rogers, Fido, and chatr brands; and wireless devices, services, and applications to consumers and businesses. It provides its services to approximately 10.8 million subscribers. The Cable segment provides high-speed Internet, television, voice communication, and smart home monitoring services to consumers, businesses, governments, and wholesale resellers; and operates a transcontinental fiber-optic network that extends approximately 70,000 route kilometers, which provides voice and data communications and advanced services, including data centers and cloud computing to the enterprise, public sector, and carrier wholesale markets. Its service territory covers approximately 4.4 million homes. The Media segment owns the Toronto Blue Jays league baseball team and the Rogers Centre event venue; and offers television and radio broadcasting, multi-platform shopping experience, digital media, and publishing services. Rogers Communications Inc. was founded in 1920 and is based in Toronto, Canada.

RCI.B Stock Price History

RCI.B Stock News Headlines

Rogers Communications (TSE:RCI.B) PT Raised to C$67.00
The solution to fast food’s wage hike crisis
Shake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.
Rogers Communications Inc. - Ordinary Shares - Class B
The solution to fast food’s wage hike crisis
Shake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.
See More Headlines
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Company Calendar

Today
9/07/2024
Ex-Dividend for 10/3 Dividend
9/09/2024
Dividend Payable
10/03/2024

Industry, Sector and Symbol

Industry
Telecom Services
Sub-Industry
Communication
CIK
N/A
Fax
N/A
Employees
23,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$69.29
High Stock Price Target
C$77.00
Low Stock Price Target
C$57.00
Potential Upside/Downside
+24.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.89
Research Coverage
9 Analysts

Profitability

Net Income
C$879 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$20.42 billion
Cash Flow
C$1.22 per share
Book Value
C$19.93 per share

Miscellaneous

Free Float
N/A
Market Cap
C$23.40 billion
Optionable
Not Optionable
Beta
0.62
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Key Executives

  • Mr. Joseph M. Natale (Age 55)
    Pres, CEO & Director
  • Mr. Anthony Staffieri F.C.A.
    FCPA, FCA, Chief Financial Officer
  • Mr. Jorge Capelas Fernandes
    Chief Technology & Information Officer
  • Mr. Dean L. Prevost
    Pres of Rogers for Bus.
  • Mr. Brent R. Johnston
    Pres of Wireless Division

Should I Buy Rogers Communications Stock? RCI.B Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Rogers Communications Inc.:

  • Rogers Communications Inc. operates as a communications and media company in Canada, providing a diverse range of services to individual consumers, businesses, and governments.
  • The Wireless segment offers wireless voice and data communication services, which are essential in today's digital age and have a high demand.
  • Rogers Communications Inc. has a strong presence in the Canadian market, which provides stability and potential growth opportunities for investors.
  • Recent developments in the company's Cable segment have shown promising results, indicating potential for revenue growth and profitability.
  • Investors may find the current stock price of Rogers Communications Inc. to be attractive, offering a potential opportunity for value investing.

Cons

Investors should be bearish about investing in Rogers Communications Inc. for these reasons:

  • While the company operates in a competitive industry, it may face challenges in maintaining market share and profitability against other major players.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Monday, August 19, 2024. Please send any questions or comments about these Rogers Communications pros and cons to contact@marketbeat.com.

RCI.B Stock Analysis - Frequently Asked Questions

How have RCI.B shares performed this year?

Rogers Communications' stock was trading at C$62.03 at the beginning of the year. Since then, RCI.B shares have decreased by 10.5% and is now trading at C$55.50.
View the best growth stocks for 2024 here
.

How do I buy shares of Rogers Communications?

Shares of RCI.B stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

This page (TSE:RCI.B) was last updated on 9/7/2024 by MarketBeat.com Staff

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