Research Analysts Issue Forecasts for RCI FY2026 Earnings

Key Points

• Scotiabank cut its FY2026 EPS forecast for Rogers Communications to $3.29 from $3.34 but maintained its Outperform rating; its FY2027 estimate is $3.44, versus a broader current-year consensus estimate of $3.57.
• Rogers beat quarterly expectations, reporting EPS of $0.92 versus $0.84 and revenue of C$3.82 billion versus C$3.79 billion; revenue rose 1.8% year over year.
• Analysts’ overall rating is Moderate Buy, with an average price target of $35. The company declared a C$0.50 quarterly dividend, equivalent to a 5.9% annualized yield.

Rogers Communication, Inc. (NYSE:RCI - Free Report) TSE: RCI.B - Investment analysts at Scotiabank decreased their FY2026 earnings per share estimates for Rogers Communication in a report issued on Monday, November 2nd. Scotiabank analyst M. Yaghi now forecasts that the Wireless communications provider will earn $3.29 per share for the year, down from their previous estimate of $3.34. Scotiabank currently has an "Outperform" rating on the stock. The consensus estimate for Rogers Communication's current full-year earnings is $3.57 per share. Scotiabank also issued estimates for Rogers Communication's FY2027 earnings at $3.44 EPS.

Rogers Communication (NYSE:RCI - Get Free Report) TSE: RCI.B last announced its earnings results on Friday, October 23rd. The Wireless communications provider reported $0.92 earnings per share for the quarter, beating analysts' consensus estimates of $0.84 by $0.08. The company had revenue of $3.82 billion during the quarter, compared to analyst estimates of $3.79 billion. Rogers Communication had a return on equity of 11.51% and a net margin of 4.11%. The firm's quarterly revenue was up 1.8% compared to the same quarter last year. During the same period last year, the company posted $1.37 earnings per share.

RCI has been the topic of a number of other reports. Wall Street Zen upgraded shares of Rogers Communication from a "sell" rating to a "hold" rating in a research report on Saturday, October 24th. TD Securities reissued a "buy" rating on shares of Rogers Communication in a research note on Thursday, July 23rd. Desjardins raised shares of Rogers Communication from a "hold" rating to a "buy" rating in a report on Monday, September 14th. Barclays dropped their price objective on shares of Rogers Communication from $36.00 to $35.00 and set an "equal weight" rating for the company in a research report on Tuesday, October 13th. Finally, Weiss Ratings raised Rogers Communication from a "hold (c-)" rating to a "hold (c)" rating in a report on Monday, October 26th. Six investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, Rogers Communication currently has an average rating of "Moderate Buy" and an average price target of $35.00.

Rogers Communication Stock Down 1.5%

Shares of NYSE:RCI opened at $34.09 on Friday. The company has a quick ratio of 0.64, a current ratio of 0.67 and a debt-to-equity ratio of 1.65. The firm has a market cap of $18.42 billion, a P/E ratio of 9.69, a P/E/G ratio of 3.96 and a beta of 0.66. Rogers Communication has a 12 month low of $29.25 and a 12 month high of $41.14. The company's 50-day moving average price is $33.34 and its two-hundred day moving average price is $35.64.

Institutional Trading of Rogers Communication

A number of large investors have recently made changes to their positions in RCI. IFP Advisors Inc lifted its position in Rogers Communication by 224.7% in the 3rd quarter. IFP Advisors Inc now owns 1,445 shares of the Wireless communications provider's stock valued at $45,000 after acquiring an additional 1,000 shares in the last quarter. Mather Group LLC. acquired a new position in Rogers Communication in the 3rd quarter worth $75,000. Fortitude Family Office LLC bought a new position in Rogers Communication during the 3rd quarter worth about $76,000. EverSource Wealth Advisors LLC increased its holdings in Rogers Communication by 15.5% during the 1st quarter. EverSource Wealth Advisors LLC now owns 3,107 shares of the Wireless communications provider's stock worth $119,000 after purchasing an additional 418 shares in the last quarter. Finally, Parallel Advisors LLC raised its stake in shares of Rogers Communication by 10.2% in the 1st quarter. Parallel Advisors LLC now owns 3,377 shares of the Wireless communications provider's stock valued at $130,000 after purchasing an additional 312 shares during the period. Institutional investors own 45.49% of the company's stock.

Rogers Communication Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, January 5th. Stockholders of record on Tuesday, December 8th will be issued a C$0.50 dividend. The ex-dividend date of this dividend is Tuesday, December 8th. This represents a $2.00 annualized dividend and a dividend yield of 5.9%. Rogers Communication's payout ratio is 120.00%.

About Rogers Communication

Rogers Communications Inc is a Canadian communications and media company serving consumers, businesses and public-sector organizations across Canada. Its telecommunications operations provide wireless voice and data services, broadband internet, television, home phone and related connectivity products. The company also offers enterprise networking, cybersecurity, cloud and other information technology services.

Rogers operates a portfolio of media and sports properties, including Sportsnet, Citytv and OMNI Television, along with radio stations, digital platforms and publishing operations.

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