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S&P 500   4,229.45
DOW   33,002.38
QQQ   354.92
Warren Buffett's company dumps another 5 million shares of printer maker HP
Would Buffett Approve of This Growth Strategy? (Ad)
Low PE Growth Stocks: Unlocking Investment Opportunities
3 Reliable Growing Dividends Near Rock-Bottom Prices
Would Buffett Approve of This Growth Strategy? (Ad)
5 Short Squeeze Candidates With Catalysts For Rebounds
Why Ralph Lauren Should Be On Your Holiday Wishlist
The Strategic Gold Play You Haven't Heard About (Ad)
Stock market today: Wall Street futures inch higher as bond yields stabilize, oil prices slide
EU announces plans to better protect its sensitive technologies from foreign snooping
S&P 500   4,229.45
DOW   33,002.38
QQQ   354.92
Warren Buffett's company dumps another 5 million shares of printer maker HP
Would Buffett Approve of This Growth Strategy? (Ad)
Low PE Growth Stocks: Unlocking Investment Opportunities
3 Reliable Growing Dividends Near Rock-Bottom Prices
Would Buffett Approve of This Growth Strategy? (Ad)
5 Short Squeeze Candidates With Catalysts For Rebounds
Why Ralph Lauren Should Be On Your Holiday Wishlist
The Strategic Gold Play You Haven't Heard About (Ad)
Stock market today: Wall Street futures inch higher as bond yields stabilize, oil prices slide
EU announces plans to better protect its sensitive technologies from foreign snooping
S&P 500   4,229.45
DOW   33,002.38
QQQ   354.92
Warren Buffett's company dumps another 5 million shares of printer maker HP
Would Buffett Approve of This Growth Strategy? (Ad)
Low PE Growth Stocks: Unlocking Investment Opportunities
3 Reliable Growing Dividends Near Rock-Bottom Prices
Would Buffett Approve of This Growth Strategy? (Ad)
5 Short Squeeze Candidates With Catalysts For Rebounds
Why Ralph Lauren Should Be On Your Holiday Wishlist
The Strategic Gold Play You Haven't Heard About (Ad)
Stock market today: Wall Street futures inch higher as bond yields stabilize, oil prices slide
EU announces plans to better protect its sensitive technologies from foreign snooping

Rogers Communications (RCI) Stock Forecast, Price & News

$37.09
+0.08 (+0.22%)
(As of 10/3/2023 ET)
Compare
Today's Range
$36.78
$37.42
50-Day Range
$37.01
$46.07
52-Week Range
$36.23
$50.16
Volume
433,511 shs
Average Volume
390,072 shs
Market Capitalization
$19.60 billion
P/E Ratio
17.09
Dividend Yield
3.99%
Price Target
$72.00

Rogers Communications MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.75 Rating Score
Upside/​Downside
94.1% Upside
$72.00 Price Target
Short Interest
Healthy
1.80% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-1.02
Upright™ Environmental Score
News Sentiment
1.07mentions of Rogers Communications in the last 14 days
Based on 10 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
18.75%
From $3.20 to $3.80 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

3.29 out of 5 stars

Consumer Discretionary Sector

9th out of 271 stocks

Cable & Other Pay Television Services Industry

1st out of 21 stocks


RCI stock logo

About Rogers Communications (NYSE:RCI) Stock

Rogers Communications Inc. operates as a communications and media company in North America. It operates through three segments: Wireless, Cable, and Media. The company offers mobile Internet access, wireless voice and enhanced voice, device financing, device protection, global voice and data roaming, wireless home phone, bridging landline, machine-to-machine and Internet of Things solutions, and advanced wireless solutions for businesses, as well as device shipping services; and postpaid and prepaid services under the Rogers, Fido, and chatr brands. It also provides internet and WiFi services; and smart home monitoring services, such as monitoring, security, automation, energy efficiency, and smart control through a smartphone app. In addition, the company offers local and network TV; on-demand television; cloud-based digital video recorders; voice-activated remote controls, and integrated apps; personal video recorders; linear and time-shifted programming; digital specialty channels; 4K television programming; and seasonal games through television, smartphones, tablets, personal computers, and other streaming devices, as well as operates Ignite TV and Ignite TV app. Further, it provides residential and small business local telephony services; calling features, such as voicemail, call waiting, and long distance; voice, data networking, Internet protocol, and Ethernet services; private networking, Internet, IP voice, and cloud solutions; optical wave and multi-protocol label switching services; information technology (IT) and network technologies; cable access network services; and telecommunications technical consulting services. Additionally, the company owns Toronto Blue Jays and the Rogers Centre event venue; and operates Sportsnet ONE, Sportsnet 360, Sportsnet World, Citytv, OMNI, FX (Canada), FXX (Canada), and OLN television networks, as well as 54 AM and FM radio stations. Rogers Communications Inc. was founded in 1960 and is headquartered in Toronto, Canada.

RCI Price History

RCI Stock News Headlines

The Strategic Gold Play You Haven't Heard About
Experts recommend adding gold to your portfolio, but in what form? Some savvy investors are now rejecting coins and mining stocks in favor of a unique gold investment alternative. It holds explosive growth potential similar to a junior gold stock -- but with less risk exposure.
Rogers Welcomes All Riders to the TTC 5G Network
Movie Studio and News Media Stocks List
Would Buffett Approve of This Growth Strategy?
Warren Buffett's approach has been to find and invest in undervalued businesses with strong potential for growth. Taking this approach to heart and applying it to a Trillion Dollar industry has proved itself in a big way...achieving an incredible 400+% growth during a down market.
Canadian Shares Down In Negative Territory, Look Headed For Weak Close
Rogers Stock Looks Cheap in Late July
See More Headlines
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RCI Company Calendar

Last Earnings
7/26/2023
Ex-Dividend for 10/3 Dividend
9/07/2023
Dividend Payable
10/03/2023
Today
10/04/2023
Next Earnings (Confirmed)
11/09/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Cable & other pay television services
Sub-Industry
N/A
Employees
22,000
Year Founded
1960

Price Target and Rating

Average Stock Price Forecast
$72.00
High Stock Price Forecast
$80.00
Low Stock Price Forecast
$64.00
Forecasted Upside/Downside
+94.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
4 Analysts

Profitability

Net Income
$1.29 billion
Pretax Margin
12.13%

Debt

Sales & Book Value

Annual Sales
$11.84 billion
Cash Flow
$6.69 per share
Book Value
$15.37 per share

Miscellaneous

Free Float
375,283,000
Market Cap
$19.60 billion
Optionable
Optionable
Beta
0.52

Social Links

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Key Executives

  • Mr. Anthony Staffieri FCA (Age 58)
    FCPA, Pres, CEO & Director
    Comp: $3.27M
  • Mr. Glenn A. Brandt
    Chief Financial Officer
  • Mr. Ronald E. McKenzie
    Chief Technology & Information Officer
  • Mr. Mahes S. Wickramasinghe (Age 65)
    Chief Commercial Officer
    Comp: $1.15M
  • Mr. Paul Carpino
    VP of Investor Relations
  • Ms. Marisa L. Wyse
    Chief Legal & Regulatory Officer
  • Ms. Terrie L. Tweddle
    Chief Brand & Communications Officer
  • Mr. Bret D. Leech
    Chief HR Officer
  • Mr. Robert Depatie (Age 64)
    Pres & COO of Home and Bus. Division
  • Mr. Philip J. Hartling
    Pres of Wireless













RCI Stock - Frequently Asked Questions

Should I buy or sell Rogers Communications stock right now?

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Rogers Communications in the last year. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" RCI shares.
View RCI analyst ratings
or view top-rated stocks.

What is Rogers Communications' stock price forecast for 2023?

4 Wall Street research analysts have issued 1-year price objectives for Rogers Communications' shares. Their RCI share price forecasts range from $64.00 to $80.00. On average, they expect the company's stock price to reach $72.00 in the next year. This suggests a possible upside of 94.1% from the stock's current price.
View analysts price targets for RCI
or view top-rated stocks among Wall Street analysts.

How have RCI shares performed in 2023?

Rogers Communications' stock was trading at $46.84 at the start of the year. Since then, RCI stock has decreased by 20.8% and is now trading at $37.09.
View the best growth stocks for 2023 here
.

Are investors shorting Rogers Communications?

Rogers Communications saw a decline in short interest in the month of September. As of September 15th, there was short interest totaling 6,660,000 shares, a decline of 20.7% from the August 31st total of 8,400,000 shares. Based on an average daily volume of 318,100 shares, the days-to-cover ratio is presently 20.9 days. Approximately 1.8% of the company's stock are sold short.
View Rogers Communications' Short Interest
.

When is Rogers Communications' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, November 9th 2023.
View our RCI earnings forecast
.

How can I listen to Rogers Communications' earnings call?

Rogers Communications will be holding an earnings conference call on Thursday, November 9th at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 604-638-9010 with passcode "0427".

How were Rogers Communications' earnings last quarter?

Rogers Communications Inc. (NYSE:RCI) announced its quarterly earnings data on Wednesday, July, 26th. The Wireless communications provider reported $0.76 EPS for the quarter, missing the consensus estimate of $0.84 by $0.08. The Wireless communications provider had revenue of $3.76 billion for the quarter, compared to the consensus estimate of $3.82 billion. Rogers Communications had a net margin of 8.92% and a trailing twelve-month return on equity of 19.81%.

How often does Rogers Communications pay dividends? What is the dividend yield for Rogers Communications?

Rogers Communications declared a quarterly dividend on Wednesday, July 26th. Investors of record on Friday, September 8th will be given a dividend of $0.377 per share on Tuesday, October 3rd. This represents a $1.51 annualized dividend and a yield of 4.07%. The ex-dividend date is Thursday, September 7th. This is an increase from the stock's previous quarterly dividend of $0.37.
Read our dividend analysis for RCI
.

What ETF holds Rogers Communications' stock ?

SPDR S&P Kensho Intelligent Structures ETF holds 9,112 shares of RCI stock, representing 1.65% of its portfolio.

Is Rogers Communications a good dividend stock?

Rogers Communications (NYSE:RCI) pays an annual dividend of $1.48 per share and currently has a dividend yield of 3.86%. The dividend payout ratio is 68.20%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, RCI will have a dividend payout ratio of 38.95% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for RCI.

What is Joe Natale's approval rating as Rogers Communications' CEO?

788 employees have rated Rogers Communications Chief Executive Officer Joe Natale on Glassdoor.com. Joe Natale has an approval rating of 87% among the company's employees.

What other stocks do shareholders of Rogers Communications own?

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), Open Text (OTEX), Valeant Pharmaceuticals International (VRX) and Toronto-Dominion Bank (TD).

What is Rogers Communications' stock symbol?

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

How do I buy shares of Rogers Communications?

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

What is Rogers Communications' stock price today?

One share of RCI stock can currently be purchased for approximately $37.09.

How much money does Rogers Communications make?

Rogers Communications (NYSE:RCI) has a market capitalization of $19.60 billion and generates $11.84 billion in revenue each year. The Wireless communications provider earns $1.29 billion in net income (profit) each year or $2.17 on an earnings per share basis.

How many employees does Rogers Communications have?

The company employs 22,000 workers across the globe.

Does Rogers Communications have any subsidiaries?
The following companies are subsidiares of Rogers Communications: Atria Networks, Aurora Cable, BLACKIRON Data, Brave Commerce, Cable Atlantic, Cable Cable, Mobilicity, Mountain Cablevision, Pivot Data Center, Rogers Communications Canada Inc., Rogers Media Inc., Rogers Sportsnet, and Ruralwave.
Read More
How can I contact Rogers Communications?

Rogers Communications' mailing address is 333 BLOOR STREET EAST, TORONTO A6, M4W 1G9. The official website for the company is www.rogers.com. The Wireless communications provider can be reached via phone at 416-935-7777, via email at investor.relations@rci.rogers.com, or via fax at 416-935-3597.

This page (NYSE:RCI) was last updated on 10/4/2023 by MarketBeat.com Staff

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