Equities Analysts Offer Predictions for RCI FY2026 Earnings

Rogers Communication, Inc. (NYSE:RCIFree Report) (TSE:RCI.B) – Analysts at Scotiabank cut their FY2026 EPS estimates for shares of Rogers Communication in a research report issued on Thursday, July 23rd. Scotiabank analyst M. Yaghi now expects that the Wireless communications provider will post earnings of $3.30 per share for the year, down from their prior forecast of $3.46. Scotiabank currently has a “Outperform” rating on the stock. The consensus estimate for Rogers Communication’s current full-year earnings is $3.36 per share. Scotiabank also issued estimates for Rogers Communication’s FY2027 earnings at $3.44 EPS.

Rogers Communication (NYSE:RCIGet Free Report) (TSE:RCI.B) last released its quarterly earnings results on Wednesday, July 22nd. The Wireless communications provider reported $0.83 EPS for the quarter, beating the consensus estimate of $0.80 by $0.03. Rogers Communication had a net margin of 27.54% and a return on equity of 11.41%. The firm had revenue of $3.95 billion during the quarter, compared to the consensus estimate of $3.91 billion. During the same quarter in the prior year, the firm earned $1.14 EPS. Rogers Communication’s revenue for the quarter was up 7.6% on a year-over-year basis.

Several other equities research analysts also recently weighed in on the stock. Desjardins reiterated a “hold” rating on shares of Rogers Communication in a research note on Thursday, April 23rd. Barclays reduced their price objective on Rogers Communication from $37.00 to $36.00 and set an “equal weight” rating for the company in a research note on Thursday, July 16th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Rogers Communication in a research report on Wednesday, June 17th. Raymond James Financial started coverage on Rogers Communication in a research note on Wednesday, July 15th. They set an “outperform” rating for the company. Finally, TD Securities reiterated a “buy” rating on shares of Rogers Communication in a research report on Thursday. Five research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $36.00.

Check Out Our Latest Analysis on RCI

Rogers Communication Trading Down 0.9%

NYSE RCI opened at $32.66 on Friday. The company has a debt-to-equity ratio of 1.43, a quick ratio of 0.53 and a current ratio of 0.55. The firm has a market cap of $17.64 billion, a PE ratio of 3.94, a P/E/G ratio of 4.00 and a beta of 0.64. Rogers Communication has a one year low of $31.38 and a one year high of $41.14. The firm’s fifty day moving average is $35.65 and its two-hundred day moving average is $36.59.

Rogers Communication Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, October 2nd. Investors of record on Tuesday, September 8th will be paid a $0.50 dividend. The ex-dividend date is Tuesday, September 8th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 6.1%. Rogers Communication’s payout ratio is 15.30%.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of RCI. Fiera Capital Corp lifted its stake in shares of Rogers Communication by 8,881.3% in the fourth quarter. Fiera Capital Corp now owns 7,196,876 shares of the Wireless communications provider’s stock valued at $271,751,000 after purchasing an additional 7,116,744 shares during the period. Morgan Stanley boosted its holdings in Rogers Communication by 138.0% during the fourth quarter. Morgan Stanley now owns 5,080,341 shares of the Wireless communications provider’s stock worth $191,681,000 after buying an additional 2,945,885 shares in the last quarter. Bank of America Corp DE grew its position in Rogers Communication by 67.8% during the third quarter. Bank of America Corp DE now owns 4,866,999 shares of the Wireless communications provider’s stock worth $167,765,000 after buying an additional 1,966,476 shares during the period. Caisse de depot et placement du Quebec acquired a new position in Rogers Communication during the third quarter worth about $47,082,000. Finally, Dimensional Fund Advisors LP increased its holdings in Rogers Communication by 98.5% in the first quarter. Dimensional Fund Advisors LP now owns 2,025,580 shares of the Wireless communications provider’s stock valued at $77,871,000 after buying an additional 1,004,963 shares in the last quarter. Hedge funds and other institutional investors own 45.49% of the company’s stock.

Rogers Communication News Summary

Here are the key news stories impacting Rogers Communication this week:

Rogers Communication Company Profile

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Rogers Communications Inc is a Canadian integrated communications and media company headquartered in Toronto, Ontario. The company provides a broad range of telecommunications services to residential and business customers across Canada, including wireless voice and data services, cable television, high-speed internet, and home phone services. In the enterprise market it offers managed IT, data center and cloud solutions, networking and connectivity services targeted to small businesses, large enterprises and public sector clients.

In addition to connectivity services, Rogers operates a significant media portfolio that includes national and regional television and radio assets, sports broadcasting properties and other content businesses.

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