Rogers Communications Inc. (RCI)

NYSE: RCI · IEX Real-Time Price · USD
42.21
-0.37 (-0.87%)
Mar 18, 2024, 4:00 PM EDT - Market closed
-0.87%
Market Cap 22.47B
Revenue (ttm) 14.52B
Net Income (ttm) 638.35M
Shares Out 531.14M
EPS (ttm) 1.20
PE Ratio 35.27
Forward PE 7.10
Dividend $1.49 (3.52%)
Ex-Dividend Date Mar 8, 2024
Volume 315,549
Open 42.61
Previous Close 42.58
Day's Range 42.06 - 42.61
52-Week Range 36.55 - 50.00
Beta 0.55
Analysts Buy
Price Target 65.50 (+55.18%)
Earnings Date Apr 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, RCI'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 2 analysts, the average rating for RCI stock is "Buy." The 12-month stock price forecast is $65.5, which is an increase of 55.18% from the latest price.

Price Target
$65.5
(55.18% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Rogers Communications Inc. Files Annual Report to Shareholders

Includes Annual Financial Statements, MD&A and 2023 Sustainability and Social Impact Report Includes Annual Financial Statements, MD&A and 2023 Sustainability and Social Impact Report

13 days ago - GlobeNewsWire

Canada's Got Talent Reveals Showstopping Acts for The Million Dollar Season, Courtesy of Rogers

– Canada's Got Talent premieres March 19 at 8 p.m. ET/PT on Citytv or stream anytime on Citytv+ – – This season sees 116 amazing acts from all corners of Canada, including Carbonear, Oakville, Prince ...

13 days ago - GlobeNewsWire

Rogers Communications Inc. Announces Pricing of US$2.5 billion Offering of US Dollar Senior Notes

TORONTO, Feb. 07, 2024 (GLOBE NEWSWIRE) -- Rogers Communications Inc. (TSX: RCI.A and RCI.B) (NYSE: RCI) (“RCI”) announced today that it has priced a public offering of two series of US dollar senior ...

5 weeks ago - GlobeNewsWire

Rogers Communications Reports Fourth Quarter 2023 Results; Announces 2024 Financial Guidance

Rogers reports record 2023 results driven by strong execution on Shaw acquisition combined with industry-leading performance as more Canadians are choosing Rogers than any other carrier for second str...

6 weeks ago - GlobeNewsWire

Rogers Communications Declares 50 Cents per Share Quarterly Dividend

TORONTO, Feb. 01, 2024 (GLOBE NEWSWIRE) -- Rogers Communications Inc. (TSX: RCI.A and RCI.B) (NYSE: RCI) (“Rogers”) announced that its Board of Directors declared a quarterly dividend totaling 50 cent...

6 weeks ago - GlobeNewsWire

Rogers family's two members to retire from telecom giant's board

Rogers Communications said on Wednesday deputy chair Melinda Rogers-Hixon and Martha Rogers have decided to retire from the Canadian telecom giant's board as part of a private settlement between the m...

2 months ago - Reuters

Rogers Communications Announces Board of Director Changes

TORONTO, Jan. 17, 2024 (GLOBE NEWSWIRE) -- Rogers Communications announced today that Melinda Rogers-Hixon and Martha Rogers have made the decision to retire from the Rogers Board of Directors as part...

2 months ago - GlobeNewsWire

Rogers Communications 4Q23 Investment Community Teleconference February 1, 2024 at 8:00 a.m. ET

TORONTO, Dec. 20, 2023 (GLOBE NEWSWIRE) -- Rogers Communications Inc. (TSX: RCI.A and RCI.B) (NYSE: RCI) plans to release its fourth quarter 2023 financial results on Thursday, February 1, 2024, befor...

3 months ago - GlobeNewsWire

Rogers and Lynk Complete Historic Satellite-to-Mobile Phone Call in Canada

Global technology will improve public safety and connect Canadians in the most remote areas of the country Premier Andrew Furey completes first call with Search and Rescue volunteer HEART'S CONTENT, N...

3 months ago - GlobeNewsWire

Shaw Charity Classic Presented by Rogers Raises Over $100 Million for Children's Charities

Rogers announces new five-year deal as title sponsor, commits to PGA TOUR Champions tournament long-term Rogers announces new five-year deal as title sponsor, commits to PGA TOUR Champions tournament ...

3 months ago - GlobeNewsWire

Rogers Accelerates De-Leveraging Plans With Private Sale of Cogeco Shares

TORONTO, Dec. 12, 2023 (GLOBE NEWSWIRE) -- On December 11, 2023, Rogers Communications Inc. (TSX: RCI.A and RCI.B) (NYSE: RCI) (“RCI”) agreed to sell all of the subordinate voting shares (“SVS”) of Co...

3 months ago - GlobeNewsWire

Rogers Acquires 3800 MHz 5G Spectrum Across Canada

Company continues to invest substantially in Canada's Best and Only National 5G Network with a $475M Purchase Price Company continues to invest substantially in Canada's Best and Only National 5G Netw...

3 months ago - GlobeNewsWire

Rogers Turns on 5G Service for Its Customers at All TTC Subway Stations

Introduces Rogers 5G to tunnels in the Vaughan extension Starts multi-year build of 5G network across all remaining tunnels Rogers network successfully handled a record 411 terabytes of customer data ...

4 months ago - GlobeNewsWire

Canada's Rogers posts revenue jump as wireless subscribers grow

Canada's Rogers Communications met Wall Street estimates for third-quarter revenue on Thursday, as a rise in immigration to the country supported demand for the firm's wireless and internet services.

4 months ago - Reuters

Rogers Communications Reports Third Quarter 2023 Results

Rogers delivers strong results across the board as Canadians continue to choose Rogers more than any other carrier in Canada with record wireless net loading

4 months ago - GlobeNewsWire

Rogers Introduces Connected for Success 5G Wireless Program

Introduces $25 plan as part of commitment to make 5G services more affordable  Company gives Canadians in need a no-cost 5G smartphone, with plan   TORONTO, Nov. 07, 2023 (GLOBE NEWSWIRE) -- Rogers Co...

4 months ago - GlobeNewsWire

Rogers Proudly Presents Taylor Swift | The Eras Tour in Vancouver

VANCOUVER, British Columbia, Nov. 02, 2023 (GLOBE NEWSWIRE) -- Rogers Communications Inc. announced today it is the proud presenting sponsor of Taylor Swift | The Eras Tour in Vancouver. Swift will be...

4 months ago - GlobeNewsWire

Rogers Welcomes All Riders to the TTC 5G Network

Rogers tests 5G network on TTC with Toronto Maple Leafs Defenceman Morgan Rielly  Company develops and introduces immediate solution to connect transit riders  from all major Canadian wireless carrier...

6 months ago - GlobeNewsWire

Rogers Communications 3Q23 Investment Community Teleconference November 9, 2023 at 8:00 a.m. ET

TORONTO, Sept. 25, 2023 (GLOBE NEWSWIRE) -- Rogers Communications Inc. plans to release its third quarter 2023 financial results on Thursday, November 9, 2023, before North American financial markets ...

6 months ago - GlobeNewsWire

Rogers Brings World Leading Wildfire Detection and Prevention Technology to British Columbia

Introducing satellite-connected wildfire sensors with SpaceX technology Connecting AI cameras to Rogers 5G network for early wildfire detection in Canadian first VANCOUVER, British Columbia, Sept. 21,...

6 months ago - GlobeNewsWire

Rogers lowers monthly payments on any new phone by up to 50% with the new Rogers red Mastercard

Phone financing now available at 0% for up to 48 months with no mobile contract Rogers customers also get up to 2.6% unlimited cash back with the Rogers red credit card TORONTO, Sept. 11, 2023 (GLOBE ...

6 months ago - GlobeNewsWire

Canada's Rogers to sell $2.2 bln in bonds to repay debt

Canada's Rogers Communications said on Thursday it is pricing in a C$3 billion ($2.19 billion) bond offering to repay short-term debt and other borrowings.

6 months ago - Reuters

Rogers Communications Inc. Announces Pricing of Canadian Private Placement of $3 Billion of Senior Notes

TORONTO, Sept. 07, 2023 (GLOBE NEWSWIRE) -- Rogers Communications Inc. (“RCI”) announced today that it has priced a Canadian private placement of four series of Canadian dollar denominated senior note...

6 months ago - GlobeNewsWire

Canada's competition bureau ordered to pay nearly $10 mln to Rogers, Shaw

Canada's merger court asked the competition bureau to pay about C$13 million ($9.58 million) to Rogers Communications and Shaw Communications for the lengthy court battle after its failed attempt to b...

7 months ago - Reuters

Rogers Launches 5G Service on the TTC's Downtown U

Company brings more reliable 911 access to all riders in the subway's busiest section Company brings more reliable 911 access to all riders in the subway's busiest section

7 months ago - GlobeNewsWire