Rogers Communications Inc. (RCI)

NYSE: RCI · IEX Real-Time Price · USD
51.06
0.34 (0.67%)
May 17, 2022 4:00 PM EDT - Market closed
Market Cap25.53B
Revenue (ttm)11.73B
Net Income (ttm)1.26B
Shares Out500.00M
EPS (ttm)2.41
PE Ratio21.18
Forward PE15.80
Dividend$1.89 (3.71%)
Ex-Dividend DateJun 9, 2022
Volume348,960
Open51.07
Previous Close50.72
Day's Range50.75 - 51.46
52-Week Range44.19 - 64.55
Beta0.36
AnalystsBuy
Price Target61.40 (+20.3%)
Earnings DateApr 20, 2022

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 and accessory financing, wireless home phone, device protection, e-mail, global voice and data roaming, bridging landline, machine-to-machine and Internet of Things solutions, and advanced wireless solutions for businesses, as well as device delivery services; and postpaid and prepaid services under the Rogers, Fid...

IndustryWireless Telecommunication Services
Founded1960
CEOJoseph Natale
Employees23,000
Stock ExchangeNYSE
Ticker SymbolRCI
Full Company Profile

Financial Performance

In 2021, RCI's revenue was 14.66 billion, an increase of 5.31% compared to the previous year's 13.92 billion. Earnings were 1.56 billion, a decrease of -2.14%.

Financial numbers in millions CADFinancial Statements

Analyst Forecast

According to 24 analysts, the average rating for RCI stock is "Buy." The 12-month stock price forecast is 61.4, which is an increase of 20.25% from the latest price.

Price Target
$61.4
(20.25% upside)
Analyst Consensus: Buy
Stock Forecasts

News

3 Cable Stocks to Watch in a Challenging Industry

Cable television industry participants like Comcast (CMCSA), Charter Communications (CHTR) and Rogers Communication (RCI) are benefiting from growing demand for high-speed Internet and increased consump...

Other symbols:CHTRCMCSA
1 day ago - Zacks Investment Research

Canada competition bureau says litigation in Rogers-Shaw M&A doesn't stop a settlement

Canada's competition bureau said on Friday that its decision to start litigation to block Rogers Communications' C$20 billion ($15.5 billion) bid for Shaw Communications does not prevent the parties and...

Other symbols:SJR
4 days ago - Reuters

Canadian bid to block Rogers-Shaw mega-deal more a long shot than lock

Canada's Competition Bureau has blocked Rogers Communications' C$20 billion ($15.4 billion) proposal to buy Shaw Communications, but the regulatory agency's patchy record in legal fights raises the pros...

Other symbols:SJR
5 days ago - Reuters

Canada's Rogers, Shaw slump on antitrust hurdle to $16 billion deal

Shares of Rogers Communications Inc and Shaw Communications Inc sank on Monday after regulatory opposition threatened to derail their $16 billion deal that would create Canada's No.2 cellular and cable ...

Other symbols:SJR
1 week ago - Reuters

Canada's Commissioner of Competition plans to oppose Rogers, Shaw $16 billion merger

Canada's Commissioner of Competition intends to oppose Rogers Communications Inc's proposed C$20 billion ($16 billion) merger with Shaw Communications Inc, the companies said in a statement early Saturday.

Other symbols:SJR
1 week ago - Reuters

Rogers and Shaw Remain Committed to Merger Following Notification by the Commissioner of Competition

Rogers and Shaw to respond to the applications to be made by the Commissioner of Competition to prevent proposed merger

Other symbols:SJR
1 week ago - GlobeNewsWire

Rogers Communication Stock Should Be Launching Higher

Canadian communications and media giant Rogers Communication (NYSE: RCI) stock made new all-time highs at $64.55 before pulling back down despite the relative weakness in benchmark indices.

2 weeks ago - MarketBeat

Rogers unveils new Advisory Council for proposed THINKLab, the National Centre of Technology and Engineering Excellen...

Western Canadian Advisory Council to guide new centre that will help train new graduates and build a pipeline for high-skilled technical talent to stay and work in Canada

2 weeks ago - GlobeNewsWire

Rogers Communications' (RCI) Earnings Beat Estimates in Q1

Rogers Communications (RCI) first-quarter 2022 results reflect service revenue growth in Wireless, Cable and Media businesses.

3 weeks ago - Zacks Investment Research

Rogers launches fibre-powered Ignite Internet Gigabit 2.5 symmetrical service

Existing Rogers Ignite Internet Gigabit 1.5 customers automatically upgraded to 2.5 Gbps at no extra cost

3 weeks ago - GlobeNewsWire

Rogers Communications Announces Voting Results from Annual Meeting of Shareholders

TORONTO, April 20, 2022 (GLOBE NEWSWIRE) -- Rogers Communications Inc., a leading diversified Canadian communications and media company, in accordance with Toronto Stock Exchange requirements, announced...

3 weeks ago - GlobeNewsWire

Rogers Communication (RCI) Q1 Earnings Surpass Estimates

Rogers Communication (RCI) delivered earnings and revenue surprises of 14.29% and 0.51%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

3 weeks ago - Zacks Investment Research

Rogers Communications Declares 50 Cents per Share Quarterly Dividend

July 4, 2022 payment date following June 10, 2022 record date July 4, 2022 payment date following June 10, 2022 record date

3 weeks ago - GlobeNewsWire

Rogers Communications Reports First Quarter 2022 Results

TORONTO, April 20, 2022 (GLOBE NEWSWIRE) -- Rogers Communications Inc. today announced its unaudited financial and operating results for the first quarter ended March 31, 2022.

3 weeks ago - GlobeNewsWire

Why Rogers Communications (RCI) Might Surprise This Earnings Season

Rogers Communications (RCI) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

4 weeks ago - Zacks Investment Research

Rogers Communication (RCI) Reports Next Week: Wall Street Expects Earnings Growth

Rogers Communication (RCI) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

1 month ago - Zacks Investment Research

Rogers ramps up progress along Highway of Tears wireless expansion project

Company accelerates Highway 16 construction with the arrival of two more cellular towers to close coverage gaps and improve safety across northern British Columbia Company accelerates Highway 16 constru...

1 month ago - GlobeNewsWire

Rogers and OVIN Launch 5G Transportation Challenge

Enterprises that operate in Ontario can pitch, build and test a proof of concept using Rogers 5G to accelerate innovation in the transportation sector Enterprises that operate in Ontario can pitch, buil...

1 month ago - GlobeNewsWire

Rogers Communications 1Q22 Investment Community Teleconference April 20, 2022 at 8:00 a.m. ET and Reminder of Annual ...

TORONTO, April 01, 2022 (GLOBE NEWSWIRE) -- Rogers Communications Inc. plans to release its first quarter 2022 financial results on Wednesday, April 20, 2022, before North American financial markets ope...

1 month ago - GlobeNewsWire

Rogers launches Canada's first commercially available 5G Standalone Network

Built exclusively with network partner Ericsson, Rogers 5G standalone service now available to customers on major devices, including Google

1 month ago - GlobeNewsWire

Rogers welcomes CRTC approval of the transfer of Shaw broadcasting licences

TORONTO, March 24, 2022 (GLOBE NEWSWIRE) -- Rogers Communications Inc. ("Rogers") welcomes the Canadian Radio-television and Telecommunications Commission ("CRTC") approval of the transfer of the broadc...

1 month ago - GlobeNewsWire

Rogers Communications (RCI)-Microsoft Inks Deal, Focus on Digitization

Rogers Communications (RCI) and Microsoft enters into a five-year collaboration to restructure hybrid workplace communications leveraging 5G innovation.

Other symbols:MSFT
1 month ago - Zacks Investment Research

Rogers and Microsoft announce strategic alliance to revolutionize hybrid workplace communications and power 5G innova...

TORONTO, March 16, 2022 (GLOBE NEWSWIRE) -- Today, Rogers and Microsoft announced a five-year strategic alliance to help enterprise and small and medium business customers accelerate digitization and ta...

2 months ago - GlobeNewsWire

Rogers and Sheridan College partner on innovative 5G autonomous vehicle research

Projects will focus on services for autonomous vehicles using machine learning Projects will focus on services for autonomous vehicles using machine learning

2 months ago - GlobeNewsWire

Rogers Communications Inc. Announces Pricing of Private Offerings of Senior Notes

TORONTO, March 07, 2022 (GLOBE NEWSWIRE) -- Rogers Communications Inc. ("RCI") announced today that it has priced a private offering of five series of US dollar denominated senior notes with an aggregat...

2 months ago - GlobeNewsWire