FY2026 Earnings Forecast for RCI Issued By Scotiabank

Key Points

• Scotiabank analyst M. Yaghi cut its FY2026 EPS estimate for Rogers to $3.60 from $3.80 and maintains a Sector Perform rating, versus a consensus estimate of $3.57.
• Rogers shares trade around $32.74 with a market cap of $17.7B and a low P/E of 3.54, while the average analyst view is Hold with an average target price of $36.00.
• Rogers recently reported Q4 EPS of $1.08 (beating estimates) but revenue of $4.49B missed the $5.94B consensus; the company pays a $0.50 quarterly dividend (≈6.1% yield).

Rogers Communication, Inc. (NYSE:RCI - Free Report) TSE: RCI.B - Investment analysts at Scotiabank decreased their FY2026 EPS estimates for Rogers Communication in a report issued on Friday, April 10th. Scotiabank analyst M. Yaghi now expects that the Wireless communications provider will earn $3.60 per share for the year, down from their prior forecast of $3.80. Scotiabank has a "Sector Perform" rating on the stock. The consensus estimate for Rogers Communication's current full-year earnings is $3.57 per share.

A number of other equities research analysts also recently issued reports on the stock. Barclays reiterated a "positive" rating and set a $37.00 price objective on shares of Rogers Communication in a research note on Tuesday, January 27th. TD Securities downgraded shares of Rogers Communication from a "buy" rating to a "hold" rating in a research note on Thursday, April 2nd. Royal Bank Of Canada reiterated an "outperform" rating on shares of Rogers Communication in a research note on Tuesday, January 13th. Wall Street Zen downgraded shares of Rogers Communication from a "buy" rating to a "hold" rating in a research note on Saturday, January 31st. Finally, Weiss Ratings reiterated a "hold (c+)" rating on shares of Rogers Communication in a research note on Friday, December 26th. Three research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Rogers Communication currently has an average rating of "Hold" and an average target price of $36.00.

Rogers Communication Trading Up 0.9%

Shares of Rogers Communication stock opened at $32.74 on Tuesday. The company has a market capitalization of $17.68 billion, a price-to-earnings ratio of 3.54, a PEG ratio of 5.70 and a beta of 0.72. The company has a quick ratio of 0.57, a current ratio of 0.61 and a debt-to-equity ratio of 1.48. Rogers Communication has a 12-month low of $24.52 and a 12-month high of $41.14. The firm's 50-day moving average price is $37.96 and its two-hundred day moving average price is $37.49.

Rogers Communication (NYSE:RCI - Get Free Report) TSE: RCI.B last announced its quarterly earnings data on Thursday, January 29th. The Wireless communications provider reported $1.08 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.98 by $0.10. The firm had revenue of $4.49 billion for the quarter, compared to the consensus estimate of $5.94 billion. Rogers Communication had a net margin of 32.29% and a return on equity of 14.22%. The business's revenue for the quarter was up 12.6% on a year-over-year basis. During the same period in the prior year, the company posted $1.46 earnings per share.

Rogers Communication Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, April 2nd. Stockholders of record on Tuesday, March 10th were paid a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 6.1%. The ex-dividend date was Tuesday, March 10th. Rogers Communication's dividend payout ratio (DPR) is presently 15.89%.

Institutional Investors Weigh In On Rogers Communication

A number of hedge funds have recently made changes to their positions in RCI. Manchester Capital Management LLC acquired a new stake in shares of Rogers Communication in the 4th quarter valued at approximately $26,000. Farther Finance Advisors LLC boosted its stake in shares of Rogers Communication by 107.4% in the 4th quarter. Farther Finance Advisors LLC now owns 786 shares of the Wireless communications provider's stock valued at $30,000 after purchasing an additional 407 shares in the last quarter. Headlands Technologies LLC boosted its stake in shares of Rogers Communication by 143.2% in the 2nd quarter. Headlands Technologies LLC now owns 1,661 shares of the Wireless communications provider's stock valued at $49,000 after purchasing an additional 978 shares in the last quarter. FNY Investment Advisers LLC bought a new position in Rogers Communication in the 3rd quarter valued at approximately $58,000. Finally, EverSource Wealth Advisors LLC raised its holdings in Rogers Communication by 52.6% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,981 shares of the Wireless communications provider's stock valued at $59,000 after buying an additional 683 shares during the last quarter. 45.49% of the stock is currently owned by institutional investors and hedge funds.

About Rogers Communication

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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