Rogers Communications Stock Forecast, Price & News

11 Wall Street equities 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 equities 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 during 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 daily trading volume, of 563,800 shares, the days-to-cover ratio is currently 3.5 days. Approximately 0.6% of the company's stock are short sold.
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) posted its quarterly earnings data on Tuesday, April, 20th. The Wireless communications provider reported $0.77 EPS for the quarter, topping analysts' consensus estimates of $0.52 by $0.25. The Wireless communications provider earned $3.49 billion during the quarter, compared to analyst estimates of $3.33 billion. Rogers Communications had a trailing twelve-month return on equity of 17.61% and a net margin of 11.38%. The business's revenue was up 2.1% compared to the same quarter last year. During the same period in the previous year, the company earned $0.71 EPS.
View Rogers Communications' earnings history.

Rogers Communications' stock was trading at $43.41 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, RCI shares have increased by 15.8% and is now trading at $50.26.
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Rogers Communications declared a quarterly dividend on Thursday, April 22nd. Shareholders of record on Thursday, June 10th will be given a dividend of $0.3981 per share on Friday, July 2nd. This represents a $1.59 dividend on an annualized basis and a dividend yield of 3.17%. 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 3.02%. 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 brokerages have issued 12 month target prices for Rogers Communications' stock. Their forecasts range from $63.00 to $80.00. On average, they anticipate Rogers Communications' stock price to reach $71.50 in the next twelve months. This suggests a possible upside of 42.3% 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), Discovery (DISCK), Liberty Global (LBTYK), Liberty Global (LBTYA), 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 retail and institutional investors. Top institutional shareholders include Bank of Nova Scotia (1.23%), Toronto Dominion Bank (0.95%), CIBC World Markets Inc. (0.71%), Letko Brosseau & Associates Inc. (0.69%), The Manufacturers Life Insurance Company (0.52%) and Scotia Capital Inc. (0.42%).

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., Letko Brosseau & Associates Inc., Acadian Asset Management LLC, BI Asset Management Fondsmaeglerselskab A S, CIBC World Markets Inc., and Alberta Investment Management Corp.

RCI stock was bought by a variety of institutional investors in the last quarter, including Cidel Asset Management Inc., Bank of Nova Scotia, Russell Investments Group Ltd., Value Partners Investments Inc., Toronto Dominion Bank, JPMorgan Chase & Co., BlackRock Inc., and Fiera Capital Corp.

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 $50.26.

Rogers Communications has a market capitalization of $25.38 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]