NYSE:RCI

Rogers Communications Stock Forecast, Price & News

Top-Rated Dividend Stocks

$48.50

-0.67 (-1.36 %)

(As of 01/27/2021 12:00 AM ET)

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Today's Range

$48.21

Now: $48.50▼

$48.93

50-Day Range

$45.71

MA: $47.36▼

$49.17

52-Week Range

$32.20

Now: $48.50▼

$51.02

Volume467,993 shs

Average Volume254,903 shs

Market Capitalization$19.64 billion

P/E Ratio20.55

Dividend Yield3.13%

Beta0.48

Rogers Communications Inc. operates as a communications and media company in Canada. It operates through three segments: Wireless, Cable, and Media. The company offers mobile Internet access, wireless voice and enhanced voice, device financing, wireless home phone, device protection, text messaging, e-mail, global voice and data roaming, bridging landline, machine-to-machine and Internet of Things solutions, and advanced wireless solutions for businesses, as well as device delivery services; and postpaid and prepaid services under the Rogers, Fido, and chatr brands to approximately 10.8 million subscribers. It also provides Internet and WiFi services; 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 televised content on smartphones, tablets, and personal computers, 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; IT and network technologies; and cable access network services. The company also owns Toronto Blue Jays and the Rogers Centre event venue; and operates Sportsnet ONE, Sportsnet 360, Sportsnet World, Citytv, OMNI, FX (Canada), FXX (Canada), OLN, and TSC television networks, as well as 55 AM and FM radio stations. Rogers Communications has a strategic collaboration with bciti. Rogers Communications Inc. was founded in 1960 and is headquartered in Toronto, Canada.

MarketRank^™

Overall MarketRank^™

2.38 out of 5 stars

Consumer Discretionary Sector

5th out of 572 stocks

Cable & Other Pay Television Services Industry

2nd out of 34 stocks

3.4 Analyst's Opinion

Consensus Rating
Rogers Communications has received a consensus rating of Buy. The company's average rating score is 2.70, and is based on 7 buy ratings, 3 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $67.50, Rogers Communications has a forecasted upside of 39.2% from its current price of $48.50.
Amount of Analyst Coverage
Rogers Communications has only been the subject of 4 research reports in the past 90 days.

2.1 Community Rank

Outperform Votes
Rogers Communications has received 368 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Rogers Communications has received 502 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Rogers Communications has received 57.70% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Rogers Communications and other stocks. Vote “Outperform” if you believe RCI will outperform the S&P 500 over the long term. Vote “Underperform” if you believe RCI will underperform the S&P 500 over the long term. You may vote once every thirty days.

2.5 Dividend Strength

Dividend Yield
Rogers Communications pays a meaningful dividend of 3.13%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Rogers Communications has only been increasing its dividend for 1 years.
Dividend Coverage
The dividend payout ratio of Rogers Communications is 49.20%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
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.

0.8 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Rogers Communications insiders have not sold or bought any company stock.
Percentage Held by Institutions
53.53% of the stock of Rogers Communications is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.1 Earnings and Valuation

Earnings Growth
Earnings for Rogers Communications are expected to grow by 15.69% in the coming year, from $2.55 to $2.95 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Rogers Communications is 20.55, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 23.66.
Price to Earnings Ratio vs. Sector
The P/E ratio of Rogers Communications is 20.55, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 45.82.
Price to Earnings Growth Ratio
Rogers Communications has a PEG Ratio of 3.46. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Rogers Communications has a P/B Ratio of 3.45. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Cable & other pay television services

Sub-IndustryN/A

SectorConsumer Discretionary

Current SymbolNYSE:RCI

Previous Symbol

CUSIPN/A

CIK733099

Webwww.rogers.com

Phone416-935-7777

Employees26,000

Year FoundedN/A

Debt

Debt-to-Equity Ratio1.72

Current Ratio1.07

Quick Ratio1.00

Price-To-Earnings

Trailing P/E Ratio20.55

Forward P/E Ratio19.02

P/E Growth3.46

Sales & Book Value

Annual Sales$11.36 billion

Price / Sales1.73

Cash Flow$7.09 per share

Price / Cash Flow6.84

Book Value$14.05 per share

Price / Book3.45

Profitability

EPS (Most Recent Fiscal Year)$3.13

Net Income$1.54 billion

Net Margins11.38%

Return on Equity17.61%

Return on Assets4.51%

Miscellaneous

Outstanding Shares404,925,000

Market Cap$19.64 billion

Next Earnings Date1/28/2021 (Confirmed)

OptionableOptionable

$48.50

-0.67 (-1.36 %)

(As of 01/27/2021 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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Rogers Communications (NYSE:RCI) Frequently Asked Questions

How has Rogers Communications' stock been impacted by COVID-19 (Coronavirus)?

Rogers Communications' stock was trading at $43.41 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, RCI shares have increased by 11.7% and is now trading at $48.50.
View which stocks have been most impacted by COVID-19.

Is Rogers Communications a buy right now?

10 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Rogers Communications in the last year. There are currently 3 hold ratings and 7 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 MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Rogers Communications?

Wall Street analysts have given Rogers Communications a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Rogers Communications wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

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

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

When is Rogers Communications' next earnings date?

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

How were Rogers Communications' earnings last quarter?

Rogers Communications Inc. (NYSE:RCI) posted its quarterly earnings data on Thursday, October, 22nd. The Wireless communications provider reported $1.08 earnings per share for the quarter, topping analysts' consensus estimates of $0.62 by $0.46. The Wireless communications provider had revenue of $3.67 billion for the quarter, compared to the consensus estimate of $3.34 billion. Rogers Communications had a trailing twelve-month return on equity of 17.61% and a net margin of 11.38%. The company's revenue for the quarter was down 2.4% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.19 earnings per share.
View Rogers Communications' earnings history.

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

Rogers Communications declared a quarterly dividend on Friday, October 23rd. Stockholders of record on Thursday, December 10th will be given a dividend of $0.3804 per share on Monday, January 4th. This represents a $1.52 annualized dividend and a yield of 3.14%. The ex-dividend date of this dividend is Wednesday, December 9th. This is a boost from Rogers Communications's previous quarterly dividend of $0.37.
View Rogers Communications' dividend history.

Is Rogers Communications a good dividend stock?

Rogers Communications pays an annual dividend of $1.54 per share and currently has a dividend yield of 3.13%. 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.

What price target have analysts set for RCI?

10 brokers have issued 12 month target prices for Rogers Communications' stock. Their forecasts range from $63.00 to $73.00. On average, they anticipate Rogers Communications' stock price to reach $67.50 in the next twelve months. This suggests a possible upside of 39.2% from the stock's current price.
View analysts' price targets for Rogers Communications or view Wall Street analyst' top-rated stocks.

Are investors shorting Rogers Communications?

Rogers Communications saw a decrease in short interest during the month of December. As of December 31st, there was short interest totaling 1,090,000 shares, a decrease of 31.9% from the December 15th total of 1,600,000 shares. Based on an average daily trading volume, of 427,200 shares, the days-to-cover ratio is presently 2.6 days. Currently, 0.3% of the shares of the stock are sold short.
View Rogers Communications' Short Interest.

Who are some of Rogers Communications' key competitors?

Some companies that are related to Rogers Communications include Roku (ROKU), Liberty Broadband (LBRDK), Liberty Broadband (LBRDA), Discovery (DISCA), Altice USA (ATUS), Discovery (DISCK), DISH Network (DISH), Liberty Global (LBTYA), Liberty Global (LBTYK), Liberty Global (LBTYB), Cable One (CABO), Shaw Communications (SJR), ITV (ITVPY), Qurate Retail (QRTEB) and Liberty Latin America (LILA).
View all of RCI's competitors.

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 Co. (IFC.TO) (IFC), Constellation Software Inc. (CSU.TO) (CSU), AutoCanada Inc. (ACQ.TO) (ACQ), Alimentation Couche-Tard (ATD.B), AbbVie (ABBV), Vermilion Energy Inc. (VET.TO) (VET), Wheaton Precious Metals Corp. (WPM.TO) (WPM), Open Text Co. (OTEX.TO) (OTEX), Valeant Pharmaceuticals International, Inc. (VRX.TO) (VRX) and The Toronto-Dominion Bank (TD.TO) (TD).

Who are Rogers Communications' key executives?

Rogers Communications' management team includes the following people:

Mr. Joseph M. Natale, Pres, CEO & Director (Age 56)
Mr. Anthony Staffieri F.C.A., FCPA, FCA, Chief Financial Officer
Mr. Dean L. Prevost, Pres of Rogers for Bus.
Mr. Brent R. Johnston, Pres of Wireless Division
Mr. Jordan R. Banks, Pres of Sports & Media Divisions (Age 51)
Mr. Glenn Brandt, Sr. VP of Corp. Fin.
Mr. Jorge Capelas Fernandes, Chief Technology & Information Officer
Mr. Paul Carpino, VP of Investor Relations
Mr. Graeme H. McPhail, Chief Legal & Regulatory Officer and Sec.
Ms. Sevaun T. Palvetzian, Chief Communications Officer

What is Rogers Communications' stock symbol?

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

Who are Rogers Communications' major shareholders?

Rogers Communications' stock is owned by a variety of retail and institutional investors. Top institutional investors include QV Investors Inc. (0.37%), Galibier Capital Management Ltd. (0.29%), Addenda Capital Inc. (0.18%), DORCHESTER WEALTH MANAGEMENT Co (0.04%), Cardinal Capital Management Inc. (0.03%) and Pendal Group Limited (0.01%).

Which institutional investors are selling Rogers Communications stock?

RCI stock was sold by a variety of institutional investors in the last quarter, including Candriam Luxembourg S.C.A., Townsend & Associates Inc, Gradient Investments LLC, Manning & Napier Group LLC, and Crossmark Global Holdings Inc..

Which institutional investors are buying Rogers Communications stock?

RCI stock was purchased by a variety of institutional investors in the last quarter, including Galibier Capital Management Ltd., QV Investors Inc., Cardinal Capital Management Inc., Pendal Group Limited, Addenda Capital Inc., Pacer Advisors Inc., DORCHESTER WEALTH MANAGEMENT Co, and Cascade Investment Advisors Inc..

How do I buy shares of Rogers Communications?

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.

What is Rogers Communications' stock price today?

One share of RCI stock can currently be purchased for approximately $48.50.

How big of a company is Rogers Communications?

Rogers Communications has a market capitalization of $19.64 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.

What is Rogers Communications' official website?

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

How can I contact Rogers Communications?

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]

This page was last updated on 1/28/2021 by MarketBeat.com Staff

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