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 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 3.10%. The ex-dividend date of this dividend is Monday, March 9th. This is a boost from Rogers Communications's previous quarterly dividend of $0.38. View Rogers Communications' Dividend History.

Rogers Communications Inc. (NYSE:RCI) posted its quarterly earnings data on Wednesday, January, 22nd. The Wireless communications provider reported $1.00 earnings per share for the quarter, topping analysts' consensus estimates of $0.78 by $0.22. The Wireless communications provider had revenue of $3.95 billion for the quarter, compared to analysts' expectations of $3.97 billion. Rogers Communications had a return on equity of 23.66% and a net margin of 13.55%. Rogers Communications's quarterly revenue was up .4% compared to the same quarter last year. During the same period last year, the business posted $1.13 earnings per share. 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 brokers have issued 1-year target prices for Rogers Communications' shares. Their forecasts range from $66.00 to $79.00. On average, they anticipate Rogers Communications' share price to reach $70.00 in the next year. This suggests a possible upside of 41.1% 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 headlines about RCI stock have been trending very negative this week, according to InfoTrie Sentiment. The research group identifies positive and negative media 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 coverage optimism score of -3.0 on InfoTrie's scale. They also assigned news headlines about the Wireless communications provider a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the next several days. View News Stories for Rogers Communications.

Rogers Communications saw a drop in short interest during the month of January. As of January 31st, there was short interest totalling 1,800,000 shares, a drop 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 currently 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), Roku (ROKU), Discovery Inc Series C (DISCK), Liberty Global (LBTYB), Liberty Global (LBTYA), Liberty Global (LBTYK), Cable One (CABO), Viacom (VIAB), Shaw Communications (SJR), 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 retail and institutional investors. Top institutional shareholders include TD Asset Management Inc. (2.25%), Caisse DE Depot ET Placement DU Quebec (2.10%), FIL Ltd (1.78%), Great West Life Assurance Co. Can (1.07%), Letko Brosseau & Associates Inc. (0.78%) and CIBC World Markets Inc. (0.72%).

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, Galibier Capital Management Ltd., TD Asset Management Inc., Massachusetts Financial Services Co. MA, FMR LLC, Guardian Capital LP and Scheer Rowlett & Associates Investment Management Ltd..

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 $49.60.

Rogers Communications has a market capitalization of $25.33 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]