Rogers Communications Inc. (RCI)
| Market Cap | 16.58B |
| Revenue (ttm) | 15.14B |
| Net Income (ttm) | 1.11B |
| Shares Out | 424.95M |
| EPS (ttm) | 2.09 |
| PE Ratio | 14.42 |
| Forward PE | 8.12 |
| Dividend | $1.44 (4.78%) |
| Ex-Dividend Date | Dec 9, 2024 |
| Volume | 182,383 |
| Open | 30.39 |
| Previous Close | 30.36 |
| Day's Range | 29.91 - 30.39 |
| 52-Week Range | 29.91 - 48.19 |
| Beta | 0.61 |
| Analysts | Buy |
| Price Target | 61.75 (+104.67%) |
| Earnings Date | Jan 30, 2025 |
About RCI
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, ... [Read more]
Financial Performance
In 2023, Rogers Communications's revenue was 19.31 billion, an increase of 25.41% compared to the previous year's 15.40 billion. Earnings were 849.00 million, a decrease of -49.46%.
Financial numbers in CAD Financial StatementsAnalyst Forecast
According to 4 analysts, the average rating for RCI stock is "Buy." The 12-month stock price forecast is $61.75, which is an increase of 104.67% from the latest price.
News
Canada regulator sues Rogers for alleged misleading claims about data offering
Canada's antitrust regulator said on Monday it was suing Rogers Communications Inc for allegedly misleading consumers about offering unlimited data under some phone plans.
Rogers Provides Update on Its Acquisition of Bell's 37.5% Stake in MLSE
TORONTO, Dec. 13, 2024 (GLOBE NEWSWIRE) -- Rogers Communications (TSX: RCI.A and RCI.B) (NYSE: RCI) today announced it has received clearance from the Competition Bureau to proceed with the acquisitio...
Rogers Charity Classic Sets New Fundraising Record
CALGARY, Alberta, Dec. 12, 2024 (GLOBE NEWSWIRE) -- Rogers Charity Classic announced today that the 12th annual tournament raised a record-breaking $25.4 million to support children's charities across...
Santa's Stunning Stocking Surprises: 5 High Yield Blue-Chip Bargains For 2025
Investing in blue-chip stocks at 52-week lows can potentially yield significant returns if fundamentals are strong. Avoid value traps by focusing on companies with solid fundamentals, like Elevance He...
Value North Of The Border With Canada's Dogs Of The TSX
The BTSX strategy involves buying the top ten yielding stocks from the TSX 60 annually, offering a value play with reasonable P/E ratios. Historically, BTSX has outperformed the TSX, but it underperfo...
Rogers Xfinity introduces Storm-Ready WiFi
Launches Canada's first home internet back-up solution Delivers stronger every-day WiFi coverage in hard-to-reach corners of the home TORONTO, Dec. 10, 2024 (GLOBE NEWSWIRE) -- Rogers today announced ...
Taylor Swift Fans in Vancouver Break Record for Most Data Ever Used at Single Event on Rogers 5G Network
Fans at single show use enough data on Rogers 5G network to stream Taylor's entire music catalog 9,450 times Fans at single show use enough data on Rogers 5G network to stream Taylor's entire music ca...
Rogers Communications: Strong Execution And Reduced Leverage Support An Upgrade
I'm upgrading Rogers Communications to a 'buy' due to strong Q3 results, effective Shaw integration, and disciplined balance sheet management. Rogers reported $5.13 billion in revenue and record net a...
Rogers Net-Zero Targets Approved by SBTi
TORONTO, Oct. 31, 2024 (GLOBE NEWSWIRE) -- Rogers today announced its net-zero greenhouse gas (GHG) emissions targets have been approved by the globally recognized Science Based Targets initiative (SB...
Blackstone nears $5 bln Rogers investment, the Globe and Mail reports
Private equity firm Blackstone Inc is bidding C$7 billion ($5.03 billion) for a minority stake in telecom and media company Rogers Communications's cellphone infrastructure business, the Globe and Mai...
Rogers Communications, Inc. (RCI) Q3 2024 Earnings Call Transcript
Rogers Communications, Inc. (NYSE:RCI) Q3 2024 Earnings Conference Call October 24, 2024 8:00 AM ET Company Participants Paul Carpino - VP, IR Tony Staffieri - President & CEO Glenn Brandt - CFO Conf...
Canada's Rogers misses estimates for quarterly subscriber additions
Canada's Rogers Communications on Thursday missed market expectations for third-quarter wireless subscriber additions, hit by cautious spending on its mobile plans and stiff competition in the telecom...
Rogers Communications Reports Third Quarter 2024 Results
More Canadians continue to choose Rogers Wireless and Internet than any other carrier in Canada Combined mobile phone and Internet net additions of 227,000 in Q3 and 502,000 for the year to date Q3 po...
Rogers Communications Declares 50 Cents per Share Quarterly Dividend
TORONTO, Oct. 24, 2024 (GLOBE NEWSWIRE) -- Rogers Communications Inc. (TSX: RCI.A and RCI.B) (NYSE: RCI) (“Rogers”) announced that its Board of Directors (the “Board”) declared a quarterly dividend to...
Rogers Confirms Plans to Launch Warner Bros. Discovery Brands in 2025
TORONTO, Oct. 08, 2024 (GLOBE NEWSWIRE) -- Rogers Communications confirmed today it will be the proud home of Warner Bros. Discovery's suite of English-language U.S. lifestyle and factual brands start...
Rogers Communications Continues To Execute
I maintain a strong buy rating on Rogers Communications with a price target of $52.00, reflecting a 29% upside from today's pricing. Strong Q1 earnings, early synergy savings, and disciplined pricing ...
Rogers Communications 3Q24 Investment Community Teleconference October 24, 2024 at 8:00 a.m. ET
TORONTO, Sept. 24, 2024 (GLOBE NEWSWIRE) -- Rogers Communications Inc. (TSX: RCI.A and RCI.B) (NYSE: RCI) plans to release its third quarter 2024 financial results on Thursday, October 24, 2024, befor...
Rogers to Adopt Comcast's Industry-Leading Network Design Across Its Footprint
TORONTO & PHILADELPHIA--(BUSINESS WIRE)--Rogers To Adopt Comcast's Industry-Leading Network Design Across Its Footprint.
Tony Staffieri and Edward Rogers discuss MLSE deal with Ron MacLean
TORONTO, Sept. 18, 2024 (GLOBE NEWSWIRE) -- Earlier today, Rogers announced it has signed an agreement to buy Bell's 37.5% ownership stake in Maple Leaf Sports & Entertainment (MLSE) for C$4.7 billion...
Rogers acquires Bell's 37.5% stake in MLSE for $4.7 billion, raising ownership to 75%
In a significant move that reshapes the Canadian sports and entertainment landscape, Rogers Communications has purchased Bell's 37.5% stake in Maple Leaf Sports & Entertainment (MLSE) for $4.7 billion...
Rogers to Become Majority Owner of Maple Leaf Sports & Entertainment
Signs agreement to buy out Bell's 37.5% ownership stake in MLSE Will invest to bring championships to Canada Sportsnet will continue to broadcast 50% of Maple Leafs regional games and 50% of Raptors g...
Telecom Operators in Canada, 2024 Intelligence Report: Mobile, Fixed, and Pay-TV Services - Rogers Wireless Lead Mobile Subscriptions, Followed by Bell Canada and Telus
Dublin, Sept. 16, 2024 (GLOBE NEWSWIRE) -- The "Canada Telecom Operators Country Intelligence Report" report has been added to ResearchAndMarkets.com's offering. This report provides an executive-leve...
Rogers to Offer All-New iPhone 16, iPhone 16 Plus, iPhone 16 Pro, iPhone 16 Pro Max, Apple Watch Series 10, Apple Watch Ultra 2 in Black Titanium, and AirPods 4
The iPhone 16 lineup is available to pre-order starting on Friday, September 13, and Apple Watch Series 10, Apple Watch Ultra 2 in black titanium, and AirPods 4 are available to pre-order starting tod...
Rogers Welcomes Newcomers with International Credit Recognition
New partnership with Nova Credit makes transition to Canada easier Newcomers can finance a new smartphone and build credit in Canada TORONTO, Aug. 28, 2024 (GLOBE NEWSWIRE) -- Rogers Communications an...
Edward Rogers appointed Executive Chair of Rogers Communications
TORONTO, Aug. 14, 2024 (GLOBE NEWSWIRE) -- Rogers Board of Directors today appointed Edward Rogers Executive Chair of Rogers Communications effective immediately.