NYSE:RCI - Rogers Communications Stock Price, Forecast & News

Rogers Communications trades on the New York Stock Exchange (NYSE) under the ticker symbol "RCI."

Rogers Communications announced a quarterly dividend on Wednesday, October 23rd. Stockholders of record on Wednesday, December 11th will be given a dividend of $0.378 per share on Thursday, January 2nd. This represents a $1.51 dividend on an annualized basis and a dividend yield of 3.12%. The ex-dividend date is Tuesday, December 10th. This is a positive change from Rogers Communications's previous quarterly dividend of $0.37. View Rogers Communications' Dividend History.

Rogers Communications Inc. (NYSE:RCI) released its quarterly earnings results on Wednesday, October, 23rd. The Wireless communications provider reported $1.19 earnings per share for the quarter, topping the Zacks' consensus estimate of $1.00 by $0.19. The Wireless communications provider earned $3.75 billion during the quarter, compared to analysts' expectations of $3.87 billion. Rogers Communications had a return on equity of 25.20% and a net margin of 13.79%. The company's revenue was down .4% on a year-over-year basis. During the same period last year, the firm posted $1.21 EPS. View Rogers Communications' Earnings History.

Rogers Communications is scheduled to release their next quarterly earnings announcement on Thursday, January 23rd 2020. View Earnings Estimates for Rogers Communications.

Rogers Communications updated its FY 2019 earnings guidance on Wednesday, October, 23rd. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $11.358-11.588 billion, compared to the consensus revenue estimate of $11.91 billion.

13 brokers have issued 1-year price targets for Rogers Communications' stock. Their forecasts range from $53.06 to $79.00. On average, they anticipate Rogers Communications' stock price to reach $67.35 in the next year. This suggests a possible upside of 38.8% from the stock's current price. View Analyst Price Targets for Rogers Communications.

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Rogers Communications in the last year. There are currently 1 sell rating, 6 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Rogers Communications.

Press coverage about RCI stock has been trending somewhat positive recently, InfoTrie Sentiment Analysis reports. The research group rates the sentiment of media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Rogers Communications earned a media sentiment score of 2.0 on InfoTrie's scale. They also assigned press coverage about the Wireless communications provider a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the near future. View News Stories for Rogers Communications.

Rogers Communications saw a increase in short interest in the month of October. As of October 31st, there was short interest totalling 7,030,000 shares, an increase of 10.7% from the September 30th total of 6,350,000 shares. Based on an average daily volume of 534,900 shares, the short-interest ratio is currently 13.1 days. Approximately 2.0% of the shares of the stock are short sold. View Rogers Communications' Current Options Chain.

Some companies that are related to Rogers Communications include Liberty Broadband Corp Series C (LBRDK), Liberty Broadband Corp Series A (LBRDA), Roku (ROKU), Discovery Communications (DISCA), DISH Network (DISH), Discovery Inc Series C (DISCK), Altice USA (ATUS), Liberty Global (LBTYB), Liberty Global (LBTYA), Liberty Global (LBTYK), Shaw Communications (SJR), Viacom (VIAB), Cable One (CABO), ITV PLC/ADR (ITVPY) and Qurate Retail Inc Series B (QRTEB).

Based on aggregate information from My MarketBeat watchlists, some companies that other Rogers Communications investors own include Intact Financial (IFC), Constellation Software (CSU), AutoCanada (ACQ), Alimentation Couche-Tard (ATD.B), AbbVie (ABBV), Vermilion Energy (VET), Wheaton Precious Metals (WPM), Open Text (OTEX), Valeant Pharmaceuticals Intl (VRX) and Toronto-Dominion Bank (TD).

Rogers Communications' stock is owned by a variety of of retail and institutional investors. Top institutional investors include Beutel Goodman & Co Ltd. (4.16%), Great West Life Assurance Co. Can (1.16%), USS Investment Management Ltd (0.94%), Letko Brosseau & Associates Inc. (0.76%), CIBC Asset Management Inc (0.46%) and Massachusetts Financial Services Co. MA (0.35%).

RCI stock was sold by a variety of institutional investors in the last quarter, including Millennium Management LLC, Russell Investments Group Ltd., CIBC Asset Management Inc, Pictet Asset Management Ltd., Man Group plc, K.J. Harrison & Partners Inc, Greystone Managed Investments Inc. and AMF Pensionsforsakring AB.

RCI stock was purchased by a variety of institutional investors in the last quarter, including Beutel Goodman & Co Ltd., QV Investors Inc., State of Tennessee Treasury Department, Great West Life Assurance Co. Can, Massachusetts Financial Services Co. MA, Virginia Retirement Systems ET AL, Letko Brosseau & Associates Inc. and Ilmarinen Mutual Pension Insurance Co.

Shares of RCI can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of RCI stock can currently be purchased for approximately $48.53.

Rogers Communications has a market capitalization of $24.78 billion and generates $11.65 billion in revenue each year. The Wireless communications provider earns $1.59 billion in net income (profit) each year or $3.35 on an earnings per share basis. Rogers Communications employs 26,100 workers across the globe.View Additional Information About Rogers Communications.

The official website for Rogers Communications is http://www.rogers.com/.

Rogers Communications' mailing address is 333 BLOOR STREET EAST 10TH FLOOR, TORONTO A6, M4W 1G9. The Wireless communications provider can be reached via phone at 416-935-7777 or via email at [email protected]