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TSE:RCI.B

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

Rogers Communications logo
C$43.80 -0.39 (-0.88%)
(As of 02:21 PM ET)

About Rogers Communications Stock (TSE:RCI.B)

Key Stats

Today's Range
C$43.51
C$44.29
50-Day Range
C$43.73
C$54.28
52-Week Range
C$43.47
C$64.71
Volume
432,007 shs
Average Volume
1.62 million shs
Market Capitalization
C$18.47 billion
P/E Ratio
26.87
Dividend Yield
4.57%
Price Target
C$66.23
Consensus Rating
Moderate Buy

Company Overview

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.

Rogers Communications Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
71st Percentile Overall Score

RCI.B MarketRank™: 

Rogers Communications scored higher than 71% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Rogers Communications has received a consensus rating of Moderate Buy. The company's average rating score is 2.88, and is based on 7 buy ratings, 1 hold rating, and no sell ratings.

  • Amount of Analyst Coverage

    Rogers Communications has only been the subject of 3 research reports in the past 90 days.

  • Read more about Rogers Communications' stock forecast and price target.
  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Rogers Communications is 26.80, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 112.62.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Rogers Communications is 26.80, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 28.29.

  • Price to Earnings Growth Ratio

    Rogers Communications has a PEG Ratio of 0.32. PEG Ratios below 1 indicate that a company could be undervalued.

  • Price to Book Value per Share Ratio

    Rogers Communications has a P/B Ratio of 2.19. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Short Interest

    There is no current short interest data available for RCI.B.
  • Dividend Leadership

    Rogers Communications is a leading dividend payer. It pays a dividend yield of 3.75%, putting its dividend yield in the top 25% of dividend-paying stocks.

  • Dividend Growth

    Rogers Communications does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Rogers Communications is 122.70%. Payout ratios above 75% are not desirable because they may not be sustainable.

  • Read more about Rogers Communications' dividend.
  • Short Interest

    There is no current short interest data available for RCI.B.
  • News Sentiment

    Rogers Communications has a news sentiment score of -0.86. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.54 average news sentiment score of Business Services companies.
  • News Coverage This Week

    MarketBeat has tracked 2 news articles for Rogers Communications this week, compared to 1 article on an average week.
  • Search Interest

    Only 4 people have searched for RCI.B on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.
  • MarketBeat Follows

    Only 2 people have added Rogers Communications to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Rogers Communications insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    11.25% of the stock of Rogers Communications is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    61.77% of the stock of Rogers Communications is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Rogers Communications' insider trading history.
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RCI.B Stock News Headlines

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RCI.B Stock Analysis - Frequently Asked Questions

Rogers Communications' stock was trading at C$62.03 at the start of the year. Since then, RCI.B shares have decreased by 29.6% and is now trading at C$43.69.
View the best growth stocks for 2024 here
.

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.

Company Calendar

Ex-Dividend for 10/3 Dividend
9/09/2024
Dividend Payable
10/03/2024
Today
12/23/2024

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$66.23
High Stock Price Target
C$77.00
Low Stock Price Target
C$57.00
Potential Upside/Downside
+51.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.88
Research Coverage
8 Analysts

Profitability

Net Income
C$879 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$20.42 billion
Cash Flow
C$0.96 per share
Book Value
C$19.93 per share

Miscellaneous

Free Float
N/A
Market Cap
C$18.44 billion
Optionable
Not Optionable
Beta
0.62
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This page (TSE:RCI.B) was last updated on 12/23/2024 by MarketBeat.com Staff
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