National Bank Financial Comments on RCI FY2025 Earnings

Rogers Communications Inc. (NYSE:RCI) (TSE:RCI.B) – National Bank Financial upped their FY2025 earnings per share (EPS) estimates for shares of Rogers Communications in a research report issued on Monday, March 31st. National Bank Financial analyst A. Shine now anticipates that the Wireless communications provider will post earnings per share of $2.67 for the year, up from their previous forecast of $2.38. The consensus estimate for Rogers Communications’ current full-year earnings is $3.57 per share. National Bank Financial also issued estimates for Rogers Communications’ FY2026 earnings at $2.71 EPS.

Several other analysts also recently issued reports on RCI. Barclays restated an “equal weight” rating on shares of Rogers Communications in a research report on Tuesday, January 21st. Morgan Stanley started coverage on shares of Rogers Communications in a research note on Monday, December 16th. They set an “underweight” rating on the stock. Bank of America downgraded shares of Rogers Communications from a “buy” rating to a “neutral” rating in a report on Tuesday, January 14th. Finally, Scotiabank lowered shares of Rogers Communications from a “sector outperform” rating to a “sector perform” rating in a research report on Tuesday. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat.com, Rogers Communications presently has an average rating of “Hold” and an average price target of $61.75.

Rogers Communications Trading Up 0.1 %

Shares of RCI opened at $25.27 on Thursday. The company has a debt-to-equity ratio of 3.67, a current ratio of 0.66 and a quick ratio of 0.61. Rogers Communications has a 1-year low of $24.76 and a 1-year high of $41.84. The stock has a market cap of $13.55 billion, a price-to-earnings ratio of 10.89, a price-to-earnings-growth ratio of 1.43 and a beta of 0.67. The firm has a 50 day simple moving average of $27.82 and a 200-day simple moving average of $32.58.

Rogers Communications (NYSE:RCI) (TSE:RCI.B) last released its quarterly earnings data on Thursday, January 30th. The Wireless communications provider reported $1.04 EPS for the quarter, topping the consensus estimate of $0.97 by $0.07. Rogers Communications had a net margin of 8.40% and a return on equity of 25.19%.

Rogers Communications Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, April 2nd. Investors of record on Monday, March 10th were issued a $0.347 dividend. The ex-dividend date of this dividend was Monday, March 10th. This represents a $1.39 dividend on an annualized basis and a yield of 5.49%. Rogers Communications’s payout ratio is 59.48%.

Hedge Funds Weigh In On Rogers Communications

Large investors have recently bought and sold shares of the stock. FIL Ltd grew its stake in shares of Rogers Communications by 7.2% during the 4th quarter. FIL Ltd now owns 33,450,577 shares of the Wireless communications provider’s stock valued at $1,028,336,000 after buying an additional 2,244,240 shares during the period. Bank of Nova Scotia boosted its holdings in Rogers Communications by 20.6% in the fourth quarter. Bank of Nova Scotia now owns 7,736,202 shares of the Wireless communications provider’s stock valued at $237,784,000 after acquiring an additional 1,320,200 shares during the last quarter. Arrowstreet Capital Limited Partnership boosted its holdings in Rogers Communications by 123.5% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 6,727,400 shares of the Wireless communications provider’s stock valued at $206,565,000 after acquiring an additional 3,717,487 shares during the last quarter. National Bank of Canada FI grew its position in Rogers Communications by 18.6% during the third quarter. National Bank of Canada FI now owns 6,239,553 shares of the Wireless communications provider’s stock valued at $250,886,000 after acquiring an additional 977,924 shares during the period. Finally, Letko Brosseau & Associates Inc. increased its stake in Rogers Communications by 23.5% during the fourth quarter. Letko Brosseau & Associates Inc. now owns 5,210,380 shares of the Wireless communications provider’s stock worth $160,094,000 after acquiring an additional 992,780 shares during the last quarter. Hedge funds and other institutional investors own 45.49% of the company’s stock.

Rogers Communications Company Profile

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, and chatr brands.