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NYSE:RCI

Rogers Communications (RCI) Stock Price, News & Analysis

Rogers Communications logo
$35.28 -0.51 (-1.42%)
(As of 11/20/2024 ET)

About Rogers Communications Stock (NYSE:RCI)

Key Stats

Today's Range
$35.20
$35.73
50-Day Range
$35.28
$40.91
52-Week Range
$35.17
$48.19
Volume
604,608 shs
Average Volume
765,034 shs
Market Capitalization
$18.80 billion
P/E Ratio
17.21
Dividend Yield
4.20%
Price Target
$61.75
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 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. It also provides internet and WiFi services; and monitoring, security, automation, energy efficiency, and smart control through smartphone app. In addition, the company offers local and network TV; on-demand television; cloud-based digital video recorders; voice-activated remote controls, and integrated apps; personal video recorders; linear and time-shifted programming; digital specialty channels; and 4K television programming. Further, it provides residential and small business local telephony services; voicemail, call waiting, and long distance; voice, data networking, Internet protocol (IP), and Ethernet services; private networking, Internet, IP voice, and cloud solutions; optical wave and multi-protocol label switching services; information technology and network technologies; cable access network services; telecommunications technical consulting services; and season games through television, smartphones, tablets, personal computers, and other streaming devices, as well as operates Ignite TV and Ignite TV app. Additionally, the company owns Toronto Blue Jays and the Rogers Centre event venue; and operates Sportsnet ONE, Sportsnet 360, Sportsnet World, Citytv, OMNI, FX (Canada), FXX (Canada), and OLN television networks, as well as 52 AM and FM radio stations. It also offers Rogers and the Rogers World Elite Mastercard. The company was founded in 1960 and is headquartered in Toronto, Canada.

Rogers Communications Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
96th Percentile Overall Score

RCI MarketRank™: 

Rogers Communications scored higher than 96% of companies evaluated by MarketBeat, and ranked 17th out of 288 stocks in the consumer discretionary sector. 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 2.60, and is based on 3 buy ratings, 2 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Rogers Communications has only been the subject of 2 research reports in the past 90 days.

  • Read more about Rogers Communications' stock forecast and price target.
  • Earnings Growth

    Earnings for Rogers Communications are expected to grow by 8.17% in the coming year, from $3.55 to $3.84 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Rogers Communications is 17.21, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.48.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Rogers Communications is 17.21, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 18.97.

  • Price to Earnings Growth Ratio

    Rogers Communications has a PEG Ratio of 1.11. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    Rogers Communications has a P/B Ratio of 2.42. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about Rogers Communications' valuation and earnings.
  • Percentage of Shares Shorted

    1.22% of the float of Rogers Communications has been sold short.
  • Short Interest Ratio / Days to Cover

    Rogers Communications has a short interest ratio ("days to cover") of 5.4.
  • Change versus previous month

    Short interest in Rogers Communications has recently increased by 11.06%, indicating that investor sentiment is decreasing significantly.
  • Dividend Leadership

    Rogers Communications is a leading dividend payer. It pays a dividend yield of 4.14%, 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 72.20%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, Rogers Communications will have a dividend payout ratio of 38.54% next year. This indicates that Rogers Communications will be able to sustain or increase its dividend.

  • Read more about Rogers Communications' dividend.
  • Percentage of Shares Shorted

    1.22% of the float of Rogers Communications has been sold short.
  • Short Interest Ratio / Days to Cover

    Rogers Communications has a short interest ratio ("days to cover") of 5.4.
  • Change versus previous month

    Short interest in Rogers Communications has recently increased by 11.06%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    Rogers Communications has a news sentiment score of 0.38. 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 0.63 average news sentiment score of Consumer Discretionary companies.
  • News Coverage This Week

    MarketBeat has tracked 8 news articles for Rogers Communications this week, compared to 5 articles on an average week.
  • Search Interest

    Only 12 people have searched for RCI on MarketBeat in the last 30 days. This is a decrease of -25% compared to the previous 30 days.
  • MarketBeat Follows

    Only 3 people have added Rogers Communications to their MarketBeat watchlist in the last 30 days. This is a decrease of -40% 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

    29.00% 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

    45.49% 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 Stock News Headlines

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RCI Stock Analysis - Frequently Asked Questions

Rogers Communications' stock was trading at $46.81 at the start of the year. Since then, RCI stock has decreased by 24.6% and is now trading at $35.28.
View the best growth stocks for 2024 here
.

Rogers Communications Inc. (NYSE:RCI) announced its quarterly earnings results on Thursday, October, 24th. The Wireless communications provider reported $1.42 EPS for the quarter, topping analysts' consensus estimates of $1.07 by $0.35. The business's revenue was up .7% on a year-over-year basis.

Rogers Communications subsidiaries include these companies: Ruralwave, Cable Cable, Mobilicity, Pivot Data Center, BLACKIRON Data, Mountain Cablevision, Brave Commerce, and more.

Top institutional shareholders of Rogers Communications include National Bank of Canada FI (1.17%), The Manufacturers Life Insurance Company (0.95%), Toronto Dominion Bank (0.78%) and Massachusetts Financial Services Co. MA (0.54%).

Shares of RCI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Rogers Communications investors own include Intact Financial (IFC), Constellation Software (CSU), AutoCanada (ACQ), Alimentation Couche-Tard (ATD.B), AbbVie (ABBV), Wheaton Precious Metals (WPM) and Vermilion Energy (VET).

Company Calendar

Ex-Dividend for 10/3 Dividend
9/09/2024
Dividend Payable
10/03/2024
Last Earnings
10/24/2024
Today
11/20/2024
Ex-Dividend for 1/3 Dividend
12/09/2024
Fiscal Year End
12/31/2024
Dividend Payable
1/03/2025
Next Earnings (Estimated)
2/06/2025

Industry, Sector and Symbol

Industry
Cable & other pay television services
Sub-Industry
Communication
Employees
26,000
Year Founded
1960

Price Target and Rating

Average Stock Price Target
$61.75
High Stock Price Target
$74.00
Low Stock Price Target
$46.00
Potential Upside/Downside
+75.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.60
Research Coverage
5 Analysts

Profitability

Net Income
$628.94 million
Pretax Margin
10.34%

Debt

Sales & Book Value

Annual Sales
$14.18 billion
Cash Flow
$9.07 per share
Book Value
$14.59 per share

Miscellaneous

Free Float
378,299,000
Market Cap
$18.80 billion
Optionable
Optionable
Beta
0.69

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This page (NYSE:RCI) was last updated on 11/21/2024 by MarketBeat.com Staff
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