Rogers (NYSE:ROG) Issues FY 2030 Earnings Guidance

Key Points

• Rogers issued long-term guidance of $14.00 EPS and $1.5 billion in revenue for FY 2030, while setting FY 2028 EPS guidance at $5.50–$6.50.
• Rogers shares rose 11.1% to $153.47 on heavy trading volume, despite the company’s latest quarterly EPS of $0.92 missing analysts’ $0.99 estimate.
• Analyst sentiment remains cautious, with a consensus “Hold” rating and $200 average price target; one firm raised its target to $200, while others downgraded the stock to Hold.

Rogers (NYSE:ROG - Get Free Report) updated its FY 2030 earnings guidance on Wednesday morning. The company provided EPS guidance of 14.000-14.000 for the period. The company issued revenue guidance of $1.5 billion-$1.5 billion. Rogers also updated its FY 2028 guidance to 5.500-6.500 EPS.

Rogers Stock Up 11.1%

ROG traded up $15.30 during mid-day trading on Wednesday, reaching $153.47. 1,091,326 shares of the company traded hands, compared to its average volume of 233,166. The company's fifty day moving average price is $130.81 and its 200-day moving average price is $131.87. The stock has a market capitalization of $2.74 billion, a P/E ratio of 87.69 and a beta of 0.50. Rogers has a 52-week low of $75.14 and a 52-week high of $169.00.

Rogers (NYSE:ROG - Get Free Report) last released its quarterly earnings results on Tuesday, July 28th. The electronics maker reported $0.92 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.99 by ($0.07). Rogers had a net margin of 3.75% and a return on equity of 5.17%. The company had revenue of $216.80 million for the quarter, compared to the consensus estimate of $215.00 million. Rogers has set its Q3 2026 guidance at 1.100-1.300 EPS. As a group, sell-side analysts forecast that Rogers will post 3.83 earnings per share for the current fiscal year.

Analysts Set New Price Targets

ROG has been the subject of several recent analyst reports. Wall Street Zen lowered Rogers from a "buy" rating to a "hold" rating in a research report on Monday, August 31st. Zacks Research downgraded Rogers from a "strong-buy" rating to a "hold" rating in a report on Thursday, July 23rd. B. Riley Financial raised their price target on Rogers to $200.00 and gave the stock a "buy" rating in a research note on Monday, June 15th. Finally, Weiss Ratings upgraded Rogers from a "sell (d)" rating to a "hold (c)" rating in a report on Wednesday, August 12th. One analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average price target of $200.00.

Rogers News Summary

Here are the key news stories impacting Rogers this week:

• Positive Sentiment: The investor day could provide a clearer outlook for Rogers Corporation’s electronics-materials businesses and potentially highlight catalysts that support future growth. The event’s timing appears to be a key reason for heightened investor interest. Rogers Corporation to Host Investor Day
• Neutral Sentiment: Rogers’ latest reported quarter showed revenue slightly above expectations, but earnings per share came in below consensus. Management’s third-quarter guidance of $1.10–$1.30 per share remains an important benchmark for investors evaluating the rally’s durability.
• Neutral Sentiment: Several other linked stories refer to different entities named Rogers—including former Federal Reserve adviser John Rogers, politician Mike Rogers, Will Rogers’ ranch and fictional Steve Rogers—and do not affect Rogers Corporation’s stock.
• Neutral Sentiment: A separate market article discusses Rogers Communications and other technology stocks, which is not the same company as Rogers Corporation NYSE: ROG.

Rogers Company Profile

Rogers Corporation is a global materials technology company that develops and manufactures high-performance materials and components for demanding applications. The company's products are designed to provide thermal management, electrical insulation, signal integrity, vibration control, cushioning and protection in challenging operating environments.

Its product portfolio includes specialty laminates for high-frequency and high-speed circuitry, ceramic and other substrates used in power electronics, silicone and urethane foams, elastomeric materials, and other engineered solutions.

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