Rogers Communications Stock Forecast, Price & News

11 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Rogers Communications in the last twelve months. There are currently 2 hold ratings and 9 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Rogers Communications stock.
View analyst ratings for Rogers Communications or view top-rated stocks.

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Rogers Communications saw a increase in short interest in the month of April. As of April 15th, there was short interest totaling 1,970,000 shares, an increase of 44.9% from the March 31st total of 1,360,000 shares. Based on an average trading volume of 563,800 shares, the short-interest ratio is presently 3.5 days. Currently, 0.6% of the company's stock are sold short.
View Rogers Communications' Short Interest.

Rogers Communications is scheduled to release its next quarterly earnings announcement on Wednesday, July 28th 2021.
View our earnings forecast for Rogers Communications.

Rogers Communications Inc. (NYSE:RCI) issued its earnings results on Tuesday, April, 20th. The Wireless communications provider reported $0.77 earnings per share for the quarter, beating the consensus estimate of $0.52 by $0.25. The Wireless communications provider had revenue of $3.49 billion for the quarter, compared to analysts' expectations of $3.33 billion. Rogers Communications had a net margin of 11.38% and a trailing twelve-month return on equity of 17.61%. Rogers Communications's revenue for the quarter was up 2.1% compared to the same quarter last year. During the same quarter last year, the firm posted $0.71 EPS.
View Rogers Communications' earnings history.

Rogers Communications' stock was trading at $43.41 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, RCI stock has increased by 16.9% and is now trading at $50.76.
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Rogers Communications announced a quarterly dividend on Thursday, April 22nd. Stockholders of record on Thursday, June 10th will be paid a dividend of $0.3981 per share on Friday, July 2nd. This represents a $1.59 dividend on an annualized basis and a yield of 3.14%. The ex-dividend date is Wednesday, June 9th. This is a positive change from Rogers Communications's previous quarterly dividend of $0.39.
View Rogers Communications' dividend history.

Rogers Communications pays an annual dividend of $1.54 per share and currently has a dividend yield of 3.09%. Rogers Communications does not yet have a strock track record of dividend growth. The dividend payout ratio of Rogers Communications is 49.20%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Rogers Communications will have a dividend payout ratio of 52.20% next year. This indicates that Rogers Communications will be able to sustain or increase its dividend.
View Rogers Communications' dividend history.

11 brokers have issued 12-month price targets for Rogers Communications' shares. Their forecasts range from $63.00 to $80.00. On average, they expect Rogers Communications' stock price to reach $71.50 in the next year. This suggests a possible upside of 40.9% from the stock's current price.
View analysts' price targets for Rogers Communications or view top-rated stocks among Wall Street analysts.

788 employees have rated Rogers Communications CEO Joe Natale on Glassdoor.com. Joe Natale has an approval rating of 87% among Rogers Communications' employees.

Some companies that are related to Rogers Communications include Roku (ROKU), Liberty Broadband (LBRDK), Liberty Broadband (LBRDA), DISH Network (DISH), Discovery (DISCA), Altice USA (ATUS), Liberty Global (LBTYK), Liberty Global (LBTYA), Discovery (DISCK), Shaw Communications (SJR), Cable One (CABO), ITV (ITVPY), Qurate Retail (QRTEB), Liberty Latin America (LILAK) and Liberty Latin America (LILA).
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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 International (VRX) and The Toronto-Dominion Bank (TD).

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

Rogers Communications' stock is owned by many different institutional and retail investors. Top institutional investors include Bank of Nova Scotia (1.23%), The Manufacturers Life Insurance Company (0.52%), Scotia Capital Inc. (0.42%), Swiss National Bank (0.28%), Galibier Capital Management Ltd. (0.25%) and Sumitomo Mitsui Trust Holdings Inc. (0.25%).

RCI stock was sold by a variety of institutional investors in the last quarter, including The Manufacturers Life Insurance Company , BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp, QV Investors Inc., Alberta Investment Management Corp, Scheer Rowlett & Associates Investment Management Ltd., Cardinal Capital Management Inc., Sumitomo Mitsui Trust Holdings Inc., and Alliancebernstein L.P..

RCI stock was acquired by a variety of institutional investors in the last quarter, including Bank of Nova Scotia, Value Partners Investments Inc., Galibier Capital Management Ltd., Lincluden Management Ltd., Scotia Capital Inc., Arnhold LLC, PCJ Investment Counsel Ltd., and DekaBank Deutsche Girozentrale.

Shares of RCI 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.
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One share of RCI stock can currently be purchased for approximately $50.76.

Rogers Communications has a market capitalization of $25.63 billion and generates $11.36 billion in revenue each year. The Wireless communications provider earns $1.54 billion in net income (profit) each year or $3.13 on an earnings per share basis.

Rogers Communications employs 26,000 workers across the globe.

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.

Rogers Communications was founded in 1960.

The official website for Rogers Communications is www.rogers.com.

Rogers Communications is headquartered at 333 BLOOR STREET EAST, TORONTO A6, M4W 1G9.

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