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. Stockholders of record on Tuesday, March 10th will be given 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 3.19%. The ex-dividend date is Monday, March 9th. This is an increase from Rogers Communications's previous quarterly dividend of $0.38. View Rogers Communications' Dividend History.

Rogers Communications Inc. (NYSE:RCI) announced its quarterly earnings data on Wednesday, January, 22nd. The Wireless communications provider reported $1.00 earnings per share for the quarter, beating analysts' consensus estimates of $0.78 by $0.22. The Wireless communications provider earned $3.95 billion during the quarter, compared to the consensus estimate of $3.97 billion. Rogers Communications had a net margin of 13.55% and a return on equity of 23.66%. The business's revenue was up .4% compared to the same quarter last year. During the same quarter last year, the company 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 brokerages have issued 1-year target prices for Rogers Communications' stock. Their forecasts range from $66.00 to $79.00. On average, they anticipate Rogers Communications' share price to reach $70.00 in the next twelve months. This suggests a possible upside of 44.9% 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.

Media coverage about RCI stock has been trending negative recently, according to InfoTrie Sentiment. The research group scores the sentiment of press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Rogers Communications earned a media sentiment score of -2.0 on InfoTrie's scale. They also assigned media coverage about the Wireless communications provider a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the company's share price in the immediate future. View News Stories for Rogers Communications.

Rogers Communications saw a decline in short interest during the month of January. As of January 31st, there was short interest totalling 1,800,000 shares, a decline of 7.2% from the January 15th total of 1,940,000 shares. Based on an average daily trading volume, of 455,600 shares, the days-to-cover ratio is presently 4.0 days. Currently, 0.5% of the shares of the 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), DISH Network (DISH), Altice USA (ATUS), Discovery Communications (DISCA), Discovery Inc Series C (DISCK), Roku (ROKU), Liberty Global (LBTYB), Liberty Global (LBTYA), Liberty Global (LBTYK), Cable One (CABO), Viacom (VIAB), Shaw Communications (SJR), ITV PLC/ADR (ITVPY) and Liberty Latin America (LILAK).

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 variety of of retail and institutional investors. Top institutional investors include Beutel Goodman & Co Ltd. (4.17%), TD Asset Management Inc. (2.25%), Caisse DE Depot ET Placement DU Quebec (2.10%), FIL Ltd (1.78%), 1832 Asset Management L.P. (1.15%) and Great West Life Assurance Co. Can (1.07%).

RCI stock was sold by a variety of institutional investors in the last quarter, including FIL Ltd, USS Investment Management Ltd, Alberta Investment Management Corp, Renaissance Technologies LLC, Goldman Sachs Group Inc., Acadian Asset Management LLC, DekaBank Deutsche Girozentrale and Great West Life Assurance Co. Can.

RCI stock was bought by a variety of institutional investors in the last quarter, including Caisse DE Depot ET Placement DU Quebec, First Trust Advisors LP, 1832 Asset Management L.P., Galibier Capital Management Ltd., TD Asset Management Inc., Massachusetts Financial Services Co. MA, FMR LLC and Guardian Capital LP.

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 $48.30.

Rogers Communications has a market capitalization of $24.66 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 26,100 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]s.com.