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 declared a quarterly dividend on Wednesday, October 23rd. Stockholders of record on Wednesday, December 11th will be paid a dividend of $0.378 per share on Thursday, January 2nd. This represents a $1.51 dividend on an annualized basis and a dividend yield of 3.04%. The ex-dividend date of this dividend is Tuesday, December 10th. This is an increase from Rogers Communications's previous quarterly dividend of $0.37. View Rogers Communications' Dividend History.

Rogers Communications Inc. (NYSE:RCI) issued its earnings results on Wednesday, October, 23rd. The Wireless communications provider reported $1.19 earnings per share for the quarter, topping analysts' consensus estimates of $1.00 by $0.19. The Wireless communications provider earned $3.75 billion during the quarter, compared to analysts' expectations of $3.87 billion. Rogers Communications had a return on equity of 25.20% and a net margin of 13.79%. The firm's revenue for the quarter was down .4% compared to the same quarter last year. During the same period in the prior year, the company earned $1.21 EPS. View Rogers Communications' Earnings History.

Rogers Communications is scheduled to release their next quarterly earnings announcement on Wednesday, January 22nd 2020. View Earnings Estimates for Rogers Communications.

Rogers Communications will be holding an earnings conference call on Wednesday, January 22nd at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Rogers Communications updated its FY 2019 earnings guidance on Wednesday, October, 23rd. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $11.358-11.588 billion, compared to the consensus revenue estimate of $11.91 billion.

11 brokerages have issued 1-year price targets for Rogers Communications' shares. Their forecasts range from $53.06 to $79.00. On average, they expect Rogers Communications' share price to reach $67.35 in the next year. This suggests a possible upside of 35.5% from the stock's current price. View Analyst Price Targets for Rogers Communications.

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Rogers Communications in the last year. There are currently 1 sell rating, 5 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Rogers Communications.

News stories about RCI stock have been trending positive on Tuesday, InfoTrie reports. The research group rates the sentiment of news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Rogers Communications earned a news impact score of 3.0 on InfoTrie's scale. They also assigned media headlines about the Wireless communications provider a news buzz of 5.0 out of 10, meaning that recent news coverage is somewhat likely to have an impact on the stock's share price in the near future. View News Stories for Rogers Communications.

Rogers Communications saw a decline in short interest in the month of December. As of December 31st, there was short interest totalling 1,940,000 shares, a decline of 43.6% from the December 15th total of 3,440,000 shares. Based on an average trading volume of 462,700 shares, the days-to-cover ratio is currently 4.2 days. Approximately 0.6% of the company's stock 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), Discovery Inc Series C (DISCK), Roku (ROKU), Liberty Global (LBTYB), Liberty Global (LBTYA), Liberty Global (LBTYK), Shaw Communications (SJR), Viacom (VIAB), Cable One (CABO), 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 many different of institutional and retail investors. Top institutional investors include Galibier Capital Management Ltd. (0.13%), United Services Automobile Association (0.03%), Assenagon Asset Management S.A. (0.01%), Hexavest Inc. (0.01%), Manning & Napier Group LLC (0.01%) and Cardinal Capital Management Inc. (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 Cozad Asset Management Inc..

RCI stock was acquired by a variety of institutional investors in the last quarter, including Galibier Capital Management Ltd., Cardinal Capital Management Inc., We Are One Seven LLC, Hexavest Inc., Manning & Napier Group LLC, Allred Capital Management LLC, Gradient Investments LLC and IFP Advisors Inc.

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 $49.70.

Rogers Communications has a market capitalization of $25.38 billion and generates $11.65 billion in revenue each year. The Wireless communications provider earns $1.59 billion in net income (profit) each year or $3.35 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]