Rogers Communications Inc. (RCI)

NYSE: RCI · IEX Real-Time Price · USD
46.69
+0.73 (1.59%)
Mar 28, 2023, 4:00 PM EDT - Market closed
1.59%
Market Cap 23.67B
Revenue (ttm) 11.24B
Net Income (ttm) 1.23B
Shares Out 506.95M
EPS (ttm) 2.42
PE Ratio 19.27
Forward PE 14.39
Dividend $1.46 (3.13%)
Ex-Dividend Date Mar 9, 2023
Volume 222,660
Open 45.80
Previous Close 45.96
Day's Range 45.80 - 46.77
52-Week Range 36.23 - 64.55
Beta 0.38
Analysts Buy
Price Target 54.00 (+15.66%)
Earnings Date Apr 19, 2023

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... [Read more]

Founded 1960
Employees 23,000
Stock Exchange NYSE
Ticker Symbol RCI
Full Company Profile

Financial Performance

In 2022, RCI's revenue was 15.40 billion, an increase of 5.06% compared to the previous year's 14.66 billion. Earnings were 1.68 billion, an increase of 7.83%.

Financial numbers in CAD Financial Statements

Analyst Forecast

According to 24 analysts, the average rating for RCI stock is "Buy." The 12-month stock price forecast is $54.0, which is an increase of 15.66% from the latest price.

Price Target
$54.0
(15.66% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Rogers Communications 1Q23 Investment Community Teleconference April 26, 2023 at 8:00 a.m. ET and Reminder of Annual General Meeting of Shareholders

TORONTO, March 27, 2023 (GLOBE NEWSWIRE) -- Rogers Communications Inc. plans to release its first quarter 2023 financial results on Wednesday, April 26, 2023, before North American financial markets o...

1 day ago - GlobeNewsWire

Rogers Communications Inc. Files Annual Financial Statements and Report to Shareholders

TORONTO, March 09, 2023 (GLOBE NEWSWIRE) -- Rogers Communications Inc. today announced the filing with securities regulators in Canada and the U.S. of its 2022 annual report to shareholders. The annua...

2 weeks ago - GlobeNewsWire

4 Stocks to Watch From a Challenging Cable Television Industry

Zacks Cable Television industry participants like Comcast (CMCSA), Charter Communications (CHTR), Rogers Communication (RCI) and DISH Network (DISH) are benefiting from growing demand for high-speed I...

Other symbols: CHTRCMCSADISH
1 month ago - Zacks Investment Research

Rogers-Shaw lawyers could nab bigger share of C$100 mln-plus fee jackpot

As Rogers Communications' long-delayed takeover of Shaw Communications Inc nears its final hurdle, bankers, lawyers and shareholder advisors are preparing to finally pocket a C$100 million-plus ($75 m...

Other symbols: SJR
1 month ago - Reuters

Canada's Champagne unveils CRTC direction as Rogers-Shaw deal nears final nod

Canadian Industry Minister François-Philippe Champagne said on Monday the country's broadcast and telecommunications regulator would focus on improving competition, affordability and consumer rights a...

Other symbols: SJR
1 month ago - Reuters

Rogers Communications (RCI) to Provide Coverage for MLB 2023

Rogers Communications (RCI) to provide exclusive coverage of Canada's Blue Jays team in MLB 2023 on Sportsnet.

1 month ago - Zacks Investment Research

7 Tempting Sin Stocks to Buy for Promising Profits

Following a rough year, investors seeking positive returns might want to consider going a bit controversial with sin stocks. Understandably, with the political winds turning progressive, people nowada...

Other symbols: CMPSFATIIPRMCDPMSTZ
1 month ago - InvestorPlace

Rogers Communications (RCI) Q4 Earnings Beat, Revenues Miss

Rogers Communications' (RCI) fourth-quarter 2022 results reflect revenue growth in Wireless and Media businesses.

1 month ago - Zacks Investment Research

Rogers Communications Reports Fourth Quarter and Full-Year 2022 Results; Announces 2023 Financial Guidance

TORONTO, Feb. 02, 2023 (GLOBE NEWSWIRE) -- Rogers Communications Inc. today announced its unaudited financial and operating results for the fourth quarter ended December 31, 2022.

1 month ago - GlobeNewsWire

Rogers Communications Declares 50 Cents per Share Quarterly Dividend

April 3, 2023 payment date following March 10, 2023 record date April 3, 2023 payment date following March 10, 2023 record date

1 month ago - GlobeNewsWire

ROGERS, SHAW AND QUEBECOR EXTEND OUTSIDE DATE OF PROPOSED TRANSACTIONS TO FEBRUARY 17, 2023

Companies remain committed to pro-competitive transactions,continue to work with ISED for approval of spectrum license transfer from Shaw to Videotron TORONTO, CALGARY, AB and MONTREAL , Jan. 30, 2023...

Other symbols: SJR
2 months ago - PRNewsWire

Rogers, Shaw and Quebecor Extend Outside Date of Proposed Transactions to February 17, 2023

Companies remain committed to pro-competitive transactions, continue to work with ISED for approval of spectrum license transfer from Shaw to Videotron Companies remain committed to pro-competitive tr...

2 months ago - GlobeNewsWire

Analysts Estimate Rogers Communication (RCI) to Report a Decline in Earnings: What to Look Out for

Rogers Communication (RCI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

2 months ago - Zacks Investment Research

Rogers Communication (RCI) Gets a Nod to Merge With Shaw

Rogers Communications (RCI) receives a green signal over its acquisition deal with Shaw Communication by Canada's Federal Court of Appeal.

2 months ago - Zacks Investment Research

Rogers-Shaw on cusp of final nod for protracted C$20 bln deal, shares rise

Rogers Communications Inc's long battle to buy smaller rival Shaw Communications Inc overcame a major hurdle after the Canada Competition Bureau dropped plans to kill the deal following two defeats in...

Other symbols: SJR
2 months ago - Reuters

Canadian court clears way for Rogers Communications' nearly $20 billion takeover of rival Shaw

OTTAWA, Ontario — Canada's Federal Court of Appeal on Tuesday dismissed an attempt by the Competition Bureau to overturn a key approval of Rogers Communications Inc.'s RCI CA:RCI.B takeover of Shaw Co...

Other symbols: SJR
2 months ago - Market Watch

Rogers-Shaw, Canada regulator to duke it out in federal court over C$20 bln bid

A federal court in Canada on Tuesday will hear whether Rogers Communications Inc's hotly contested C$20 billion ($14.9 billion) bid for Shaw Communications Inc can go ahead or be blocked as recommende...

Other symbols: SJR
2 months ago - Reuters

Canada's Rogers, Shaw say merger must be allowed to proceed

Rogers Communications Inc's C$20 billion ($14.9 billion) acquisition of rival Shaw Communications Inc has been delayed long enough and must be allowed to proceed despite the competition bureau's oppos...

Other symbols: SJR
2 months ago - Reuters

Rogers Communications Announces the Passing of Alan Horn

TORONTO, Jan. 16, 2023 (GLOBE NEWSWIRE) -- It is with profound sadness that Rogers Communications Inc. announces the passing of Alan D. Horn, devoted company executive, and member of the Board of Dire...

2 months ago - GlobeNewsWire

Shaw Communications falls as court stay on Rogers deal sparks uncertainty

Shares of Shaw Communications Inc fell on Tuesday after a Federal Court put a stay on the telecom company's C$20 billion merger with Rogers Communications Inc following a request from Canada's Competi...

Other symbols: SJR
3 months ago - Reuters

The Rogers-Shaw Takeover Saga

Canada's merger court ruled in favor of Rogers Communications and Shaw Communications in a key antitrust case, clearing one of the final hurdles to the union of two of the nation's largest telecommuni...

Other symbols: SJR
3 months ago - Bloomberg Markets and Finance

Rogers (RCI), Shaw Merger Attains Competition Tribunal Approval

Rogers Communications (RCI) welcomes the decision summary by the Competition Tribunal, allowing the proposed $26 billion purchase of Shaw Communications.

3 months ago - Zacks Investment Research

Canada competition tribunal approves C$20 bln Rogers-Shaw merger

Canada's competition tribunal on Thursday approved the C$20 billion ($14.77 billion) merger between Rogers Communications Inc and Shaw Communications Inc that would create the country's second-largest...

Other symbols: SJR
3 months ago - Reuters

Roger Communication's (RCI) Roger-Shaw Deal Faces Opposition

Rogers Communication's (RCI) deal of acquiring Shaw Communications continues to face opposition from Canada's competition tribunal.

3 months ago - Zacks Investment Research

Canadian watchdog yet to decide on Roger-Shaw merger, to give notice ahead of decision

Canada's competition tribunal said on Thursday it had not arrived at a decision regarding the C$20 billion ($14.7 billion) merger between Rogers Communications Inc and Shaw Communications Inc.

Other symbols: SJR
3 months ago - Reuters