Rogers Communications Inc. (RCI)

NYSE: RCI · Real-Time Price · USD
35.29
-0.50 (-1.40%)
Nov 20, 2024, 4:00 PM EST - Market closed
-1.40%
Market Cap 19.20B
Revenue (ttm) 15.14B
Net Income (ttm) 1.11B
Shares Out 423.32M
EPS (ttm) 2.09
PE Ratio 16.86
Forward PE 9.83
Dividend $1.44 (4.09%)
Ex-Dividend Date Dec 9, 2024
Volume 554,786
Open 35.70
Previous Close 35.79
Day's Range 35.20 - 35.73
52-Week Range 35.17 - 48.19
Beta 0.61
Analysts Buy
Price Target 61.75 (+74.98%)
Earnings Date Oct 24, 2024

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]

Founded 1960
Employees 22,000
Stock Exchange NYSE
Ticker Symbol RCI
Full Company Profile

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 Statements

Analyst 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 74.98% from the latest price.

Price Target
$61.75
(74.98% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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...

20 days ago - GlobeNewsWire

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...

Other symbols: BX
21 days ago - Reuters

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...

27 days ago - Seeking Alpha

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...

27 days ago - Reuters

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...

27 days ago - GlobeNewsWire

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...

27 days ago - GlobeNewsWire

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...

6 weeks ago - GlobeNewsWire

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 ...

7 weeks ago - Seeking Alpha

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...

2 months ago - GlobeNewsWire

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.

Other symbols: CMCSA
2 months ago - Business Wire

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...

2 months ago - GlobeNewsWire

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...

2 months ago - Invezz

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...

2 months ago - GlobeNewsWire

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...

2 months ago - GlobeNewsWire

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...

2 months ago - GlobeNewsWire

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...

3 months ago - GlobeNewsWire

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.

3 months ago - GlobeNewsWire

Rogers and SenseNet Partner to Introduce Wildfire Detection Technology

National network technology solution to help combat climate change-related events in Canada National network technology solution to help combat climate change-related events in Canada

3 months ago - GlobeNewsWire

Rogers Communications Inc. (RCI) Q2 2024 Earnings Call Transcript

Rogers Communications Inc. (NYSE:RCI) Q2 2024 Earnings Conference Call July 24, 2024 8:00 AM ET Company Participants David Naccarato - Director of IR Anthony Staffieri - President and CEO Glenn Brand...

4 months ago - Seeking Alpha

Rogers Communications' second-quarter subscriber additions beat on steady demand

Canada's Rogers Communications beat analysts' estimates for quarterly wireless subscriber additions on Wednesday, helped by steady demand for its mobile plans.

4 months ago - Reuters

Rogers Communications Reports Second Quarter 2024 Results

More Canadians continue to choose Rogers Wireless and Internet than any other carrier in Canada Rogers' combined mobile phone and Internet net additions of 188,000 in Q2 and 275,000 for the year to da...

4 months ago - GlobeNewsWire

Rogers awarded Canada's fastest and most reliable internet

TORONTO, July 04, 2024 (GLOBE NEWSWIRE) -- Rogers Communications announced today that it has been named the fastest and most reliable internet in Canada by Opensignal, the global leader in independent...

4 months ago - GlobeNewsWire

Rogers offers Disney+ to Rogers TV customers at no additional cost

Gives customers thousands of hours of exclusive shows and movies as part of their TV package Gives customers thousands of hours of exclusive shows and movies as part of their TV package

5 months ago - GlobeNewsWire

Rogers Communications 2Q24 Investment Community Teleconference July 24, 2024 at 8:00 a.m. ET

TORONTO, June 24, 2024 (GLOBE NEWSWIRE) -- Rogers Communications Inc. (TSX: RCI.A and RCI.B) (NYSE: RCI) plans to release its second quarter 2024 financial results on Wednesday, July 24, 2024, before ...

5 months ago - GlobeNewsWire

Canadian DJ Duo Loud Luxury and Rock Band The Beaches to Headline Rogers Festival at the Final Concert for Game 6 in ICE District

OEG Sports & Entertainment and Rogers to Co-Host Free Concert in Fan Park @ ICE District Before Game 6 Special concert viewing will be reserved for Rogers customers

5 months ago - GlobeNewsWire