Brokers Issue Forecasts for RCI Q2 Earnings

Rogers Communication, Inc. (NYSE:RCI) (TSE:RCI.B) – Research analysts at Cormark issued their Q2 2025 earnings per share estimates for shares of Rogers Communication in a research note issued to investors on Friday, July 18th. Cormark analyst D. Mcfadgen anticipates that the Wireless communications provider will earn $0.80 per share for the quarter. The consensus estimate for Rogers Communication’s current full-year earnings is $3.57 per share.

Several other brokerages also recently issued reports on RCI. BMO Capital Markets reissued an “outperform” rating on shares of Rogers Communication in a research note on Wednesday, July 2nd. Scotiabank reissued a “sector perform” rating on shares of Rogers Communication in a research note on Tuesday, July 15th. Finally, Canaccord Genuity Group raised Rogers Communication from a “hold” rating to a “buy” rating in a research report on Friday, April 4th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and three have given a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $67.00.

Rogers Communication Stock Up 2.5%

Shares of Rogers Communication stock opened at $34.15 on Monday. The stock has a 50-day moving average price of $28.54 and a 200 day moving average price of $27.68. The company has a market cap of $18.37 billion, a P/E ratio of 14.65, a P/E/G ratio of 1.80 and a beta of 0.76. The company has a current ratio of 1.00, a quick ratio of 0.94 and a debt-to-equity ratio of 3.97. Rogers Communication has a 1 year low of $23.18 and a 1 year high of $41.84.

Rogers Communication (NYSE:RCI) (TSE:RCI.B) last announced its quarterly earnings data on Wednesday, April 23rd. The Wireless communications provider reported $0.69 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.71 by ($0.02). The business had revenue of $3.46 billion during the quarter, compared to analysts’ expectations of $4.96 billion. Rogers Communication had a return on equity of 25.28% and a net margin of 8.53%. The firm’s revenue was up 1.5% on a year-over-year basis. During the same period in the prior year, the company posted $0.99 earnings per share.

Rogers Communication Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, July 3rd. Shareholders of record on Monday, June 9th were given a $0.3611 dividend. This is a positive change from Rogers Communication’s previous quarterly dividend of $0.35. This represents a $1.44 annualized dividend and a yield of 4.23%. The ex-dividend date was Monday, June 9th. Rogers Communication’s dividend payout ratio is presently 62.66%.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of RCI. Charles Schwab Investment Management Inc. grew its holdings in Rogers Communication by 57.1% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 210,133 shares of the Wireless communications provider’s stock valued at $6,457,000 after buying an additional 76,373 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in Rogers Communication in the 4th quarter valued at approximately $608,000. Summit Global Investments acquired a new stake in Rogers Communication in the 4th quarter valued at approximately $1,939,000. American Century Companies Inc. grew its holdings in Rogers Communication by 9.3% in the 4th quarter. American Century Companies Inc. now owns 78,308 shares of the Wireless communications provider’s stock valued at $2,407,000 after buying an additional 6,661 shares during the last quarter. Finally, Guardian Partners Inc. bought a new stake in shares of Rogers Communication in the 4th quarter worth approximately $8,554,000. 45.49% of the stock is owned by institutional investors and hedge funds.

Rogers Communication Company Profile

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.