Cormark Raises Earnings Estimates for Rogers Communications

Rogers Communications (TSE:RCIFree Report) – Equities research analysts at Cormark raised their FY2025 earnings per share (EPS) estimates for shares of Rogers Communications in a report released on Wednesday, April 2nd. Cormark analyst D. Mcfadgen now expects that the company will post earnings of $5.03 per share for the year, up from their previous forecast of $5.00.

Several other analysts have also weighed in on the company. Canaccord Genuity Group raised Rogers Communications from a “hold” rating to a “strong-buy” rating in a report on Friday, April 4th. Scotiabank cut shares of Rogers Communications from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 1st. Finally, Barclays downgraded shares of Rogers Communications from a “strong-buy” rating to a “hold” rating in a report on Tuesday, January 21st.

Read Our Latest Report on RCI

Rogers Communications Price Performance

Rogers Communications Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 2nd. Investors of record on Monday, March 10th were given a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of ?.

Recommended Stories

Earnings History and Estimates for Rogers Communications (TSE:RCI)

Receive News & Ratings for Rogers Communications Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rogers Communications and related companies with MarketBeat.com's FREE daily email newsletter.