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, January 22nd. Investors of record on Tuesday, March 10th will be paid a dividend of $0.385 per share on Wednesday, April 1st. This represents a $1.54 dividend on an annualized basis and a dividend yield of 3.06%. The ex-dividend date is Monday, March 9th. This is a positive change from Rogers Communications's previous quarterly dividend of $0.38. View Rogers Communications' Dividend History.

Rogers Communications Inc. (NYSE:RCI) released its quarterly earnings data on Wednesday, January, 22nd. The Wireless communications provider reported $1.00 EPS for the quarter, beating the Zacks' consensus estimate of $0.78 by $0.22. The Wireless communications provider earned $3.95 billion during the quarter, compared to analyst estimates of $3.97 billion. Rogers Communications had a return on equity of 24.00% and a net margin of 13.55%. The business's quarterly revenue was up .4% on a year-over-year basis. During the same period last year, the firm posted $1.13 EPS. View Rogers Communications' Earnings History.

Rogers Communications is scheduled to release their next quarterly earnings announcement on Thursday, April 16th 2020. View Earnings Estimates for Rogers Communications.

13 analysts have issued 12-month target prices for Rogers Communications' shares. Their forecasts range from $66.00 to $79.00. On average, they anticipate Rogers Communications' stock price to reach $70.00 in the next twelve months. This suggests a possible upside of 39.2% 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, 7 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Rogers Communications.

Press coverage about RCI stock has trended extremely negative this week, according to InfoTrie. The research firm identifies positive and negative press coverage by reviewing more than six thousand blog and news sources in real time. 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 daily sentiment score of -4.5 on InfoTrie's scale. They also gave media stories about the Wireless communications provider a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the stock's share price in the near term. View News Stories for Rogers Communications.

Rogers Communications saw a drop in short interest during the month of December. As of December 31st, there was short interest totalling 1,940,000 shares, a drop of 43.6% from the December 15th total of 3,440,000 shares. Based on an average daily volume of 462,700 shares, the days-to-cover ratio is currently 4.2 days. Approximately 0.6% of the shares of the company 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), Altice USA (ATUS), DISH Network (DISH), Discovery Communications (DISCA), Roku (ROKU), Discovery Inc Series C (DISCK), Liberty Global (LBTYB), Liberty Global (LBTYA), Liberty Global (LBTYK), Cable One (CABO), Shaw Communications (SJR), Viacom (VIAB), 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 number of of institutional and retail investors. Top institutional investors include Galibier Capital Management Ltd. (0.13%), Marathon Asset Management LLP (0.08%), DORCHESTER WEALTH MANAGEMENT Co (0.03%), United Services Automobile Association (0.03%), Zurcher Kantonalbank Zurich Cantonalbank (0.02%) and Assenagon Asset Management S.A. (0.01%).

RCI stock was sold by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Meag Munich Ergo Kapitalanlagegesellschaft MBH, United Services Automobile Association, Arden Trust Co, Raymond James Trust N.A., Rockland Trust Co., CLARET ASSET MANAGEMENT Corp and Janney Montgomery Scott LLC.

RCI stock was purchased by a variety of institutional investors in the last quarter, including Galibier Capital Management Ltd., Marathon Asset Management LLP, Cardinal Capital Management Inc., We Are One Seven LLC, DORCHESTER WEALTH MANAGEMENT Co, Hexavest Inc., Manning & Napier Group LLC and Allred Capital Management LLC.

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 $50.30.

Rogers Communications has a market capitalization of $25.68 billion and generates $11.36 billion in revenue each year. The Wireless communications provider earns $1.59 billion in net income (profit) each year or $3.13 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]