B. Riley Has Positive Estimate for Rogers FY2025 Earnings

Key Points

• B. Riley has raised its FY2025 earnings per share estimate for Rogers Corporation to $1.86, up from a previous forecast of $1.58.
• Rogers reported Q2 earnings of $0.34 per share, which was $0.16 below analysts' expectations, alongside a revenue of $202.80 million.
• Despite recent upgrades, Rogers has mixed ratings from analysts, with a consensus price target of $85.00 and a current average rating of "Hold."

Rogers Corporation (NYSE:ROG - Free Report) - Equities researchers at B. Riley lifted their FY2025 EPS estimates for shares of Rogers in a research note issued on Wednesday, October 22nd. B. Riley analyst C. Ellis now forecasts that the electronics maker will earn $1.86 per share for the year, up from their prior forecast of $1.58. The consensus estimate for Rogers' current full-year earnings is $3.57 per share. B. Riley also issued estimates for Rogers' Q4 2025 earnings at $0.56 EPS, Q1 2026 earnings at $0.50 EPS, Q2 2026 earnings at $0.64 EPS, Q3 2026 earnings at $0.75 EPS, Q4 2026 earnings at $0.71 EPS and FY2026 earnings at $2.59 EPS.

Rogers (NYSE:ROG - Get Free Report) last announced its earnings results on Thursday, July 31st. The electronics maker reported $0.34 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.50 by ($0.16). The company had revenue of $202.80 million during the quarter, compared to the consensus estimate of $198.75 million. Rogers had a negative net margin of 8.14% and a positive return on equity of 3.04%. Rogers has set its Q3 2025 guidance at 0.500-0.900 EPS.

Other equities analysts have also issued research reports about the stock. Weiss Ratings reiterated a "sell (d)" rating on shares of Rogers in a research report on Wednesday, October 8th. Zacks Research upgraded shares of Rogers from a "strong sell" rating to a "hold" rating in a research report on Monday, September 29th. Two research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of "Hold" and a consensus price target of $85.00.

Rogers Stock Up 3.3%

Shares of ROG opened at $87.37 on Friday. The firm has a 50-day moving average price of $80.97 and a 200 day moving average price of $71.27. The firm has a market capitalization of $1.58 billion, a PE ratio of -24.75 and a beta of 0.46. Rogers has a 52-week low of $51.43 and a 52-week high of $114.05.

Hedge Funds Weigh In On Rogers

Several large investors have recently made changes to their positions in the business. MassMutual Private Wealth & Trust FSB boosted its position in shares of Rogers by 81.2% during the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 444 shares of the electronics maker's stock valued at $30,000 after purchasing an additional 199 shares in the last quarter. CWM LLC lifted its stake in Rogers by 11.8% during the first quarter. CWM LLC now owns 2,271 shares of the electronics maker's stock valued at $153,000 after buying an additional 240 shares in the last quarter. Central Pacific Bank Trust Division lifted its stake in Rogers by 11.1% during the third quarter. Central Pacific Bank Trust Division now owns 2,500 shares of the electronics maker's stock valued at $201,000 after buying an additional 250 shares in the last quarter. GAMMA Investing LLC lifted its stake in Rogers by 243.5% during the first quarter. GAMMA Investing LLC now owns 371 shares of the electronics maker's stock valued at $25,000 after buying an additional 263 shares in the last quarter. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its stake in Rogers by 6.5% during the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 4,328 shares of the electronics maker's stock valued at $296,000 after buying an additional 264 shares in the last quarter. Institutional investors own 96.02% of the company's stock.

About Rogers

Rogers Corporation engages in the design, development, manufacture, and sale of engineered materials and components worldwide. It operates through Advanced Electronics Solutions (AES), Elastomeric Material Solutions (EMS), and Other segments. The AES segment offers circuit materials, ceramic substrate materials, busbars, and cooling solutions for applications in electric and hybrid electric vehicles (EV/HEV), wireless infrastructure, automotive, renewable energy, aerospace and defense, mass transit, industrial, connected devices, and wired infrastructure.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.