Should I buy or sell Rogers Communications stock right now?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Rogers Communications in the last year. There are currently 1 hold rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" RCI.A shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in RCI.A, but not buy additional shares or sell existing shares. View RCI.A analyst ratings or view top-rated stocks .

What is Rogers Communications' stock price target for 2024?

1 Wall Street research analysts have issued 1-year price objectives for Rogers Communications' shares. Their RCI.A share price targets range from C$65.00 to C$65.00. On average, they expect the company's stock price to reach C$65.00 in the next year. This suggests a possible upside of 18.1% from the stock's current price. View analysts price targets for RCI.A or view top-rated stocks among Wall Street analysts .

How have RCI.A shares performed in 2024?

Rogers Communications' stock was trading at C$62.19 at the start of the year. Since then, RCI.A stock has decreased by 11.5% and is now trading at C$55.02. View the best growth stocks for 2024 here .

How often does Rogers Communications pay dividends? What is the dividend yield for Rogers Communications?

Rogers Communications announced a quarterly dividend on Thursday, September 7th. Stockholders of record on Tuesday, October 3rd will be paid a dividend of 0.50 per share on Tuesday, October 3rd. This represents a $2.00 dividend on an annualized basis and a yield of 3.64%. The ex-dividend date of this dividend is Thursday, September 7th. Read our dividend analysis for RCI.A .

Is Rogers Communications a good dividend stock?

Rogers Communications (TSE:RCI.A) pays an annual dividend of C$2.00 per share and currently has a dividend yield of 3.61%. The dividend payout ratio is 123.46%. Payout ratios above 75% are not desirable because they may not be sustainable. Read our dividend analysis for RCI.A .

How do I buy shares of Rogers Communications?

Shares of RCI.A stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor , Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers. Compare Top Brokerages Here .

TSE:RCI.A

Rogers Communications (RCI.A) Stock Price, News & Analysis

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Free RCI.A Stock Alerts

C$55.02

-0.94 (-1.68%)

(As of 09:52 AM ET)

Compare

Today's Range: C$55.01
▼
C$56.50
50-Day Range: C$54.00
▼
C$62.69
52-Week Range: C$50.50
▼
C$68.25

Volume: 1,860 shs
Average Volume: 1,272 shs
Market Capitalization: C$6.12 billion

P/E Ratio: 33.96
Dividend Yield: 3.64%
Price Target: C$65.00

Stock Analysis Analyst Forecasts Chart Competitors Dividend Headlines

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Rogers Communications MarketRank™ Stock Analysis

Analyst Rating: Hold
2.00 Rating Score
Upside/Downside: 18.1% Upside
C$65.00 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.85 out of 5 stars

2.0

Analyst's Opinion

Consensus Rating
Rogers Communications has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.
Amount of Analyst Coverage
Rogers Communications has received no research coverage in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for RCI.A.

1.7

Dividend Strength

Dividend Leadership
Rogers Communications is a leading dividend payer. It pays a dividend yield of 3.61%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Rogers Communications does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Rogers Communications is 123.46%. Payout ratios above 75% are not desirable because they may not be sustainable.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for RCI.A.

1.0

News and Social Media Coverage

News Sentiment
Rogers Communications has a news sentiment score of -1.20. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.51 average news sentiment score of Business Services companies.
News Coverage This Week
MarketBeat has tracked 1 news article for Rogers Communications this week, compared to 1 article on an average week.
MarketBeat Follows
1 people have added Rogers Communications to their MarketBeat watchlist in the last 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Rogers Communications insiders have not sold or bought any company stock.
Percentage Held by Insiders
97.62% of the stock of Rogers Communications is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 0.13% of the stock of Rogers Communications is held by institutions.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Rogers Communications is 33.96, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.77.
Price to Earnings Ratio vs. Sector
The P/E ratio of Rogers Communications is 33.96, which means that it is trading at a more expensive P/E ratio than the Business Services sector average P/E ratio of about 29.13.
Price to Earnings Growth Ratio
Rogers Communications has a PEG Ratio of 0.95. PEG Ratios around 1 indicate that a company is correctly valued.
Price to Book Value per Share Ratio
Rogers Communications has a P/B Ratio of 2.79. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About Rogers Communications Stock (TSE:RCI.A)

Rogers Communications Inc. operates as a communications and media company in Canada. It operates through three segments: Wireless, Cable, and Media. The Wireless segment offers wireless voice and data communication services to individual consumers, businesses, governments, and other telecommunications service providers; postpaid and prepaid wireless services under the Rogers, Fido, and chatr brands; and wireless devices, services, and applications to consumers and businesses. It provides its services to approximately 10.8 million subscribers. The Cable segment provides high-speed Internet, television, voice communication, and smart home monitoring services to consumers, businesses, governments, and wholesale resellers; and operates a transcontinental fiber-optic network that extends approximately 70,000 route kilometers, which provides voice and data communications and advanced services, including data centers and cloud computing to the enterprise, public sector, and carrier wholesale markets. Its service territory covers approximately 4.4 million homes. The Media segment owns the Toronto Blue Jays league baseball team and the Rogers Centre event venue; and offers television and radio broadcasting, multi-platform shopping experience, digital media, and publishing services. Rogers Communications Inc. was founded in 1920 and is based in Toronto, Canada.

RCI.A Stock Price History

30 days | 90 days | 365 days | Advanced Chart

RCI.A Stock News Headlines

April 13, 2024 | msn.com

Stocks Limp into Close of Disastrous Week

April 9, 2024 | msn.com

Grand Slam of Curling Sold in Bid to Make Over Olympic Sport

April 19, 2024 | Stansberry Research (Ad)

The "Smart Money" Is Ready for May 1st Are You?

Former Wall Street VP: "Buy This Stock Now" Five of America's Most Successful Investors Bought Shares in The Same Company.

April 9, 2024 | americanbankingnews.com

Rogers Communications (TSE:RCI.A) Stock Price Passes Below Fifty Day Moving Average of $60.00

March 31, 2024 | insidermonkey.com

5 Oversold Dividend Stocks To Buy Now

March 25, 2024 | ca.finance.yahoo.com

Former Toronto mayor John Tory to rejoin Rogers Communications board of directors

March 16, 2024 | nasdaq.com

RCI May 17th Options Begin Trading

March 12, 2024 | msn.com

Rogers police arrest school bus driver accused of sexually assaulting student

April 19, 2024 | Stansberry Research (Ad)

The "Smart Money" Is Ready for May 1st Are You?

Former Wall Street VP: "Buy This Stock Now" Five of America's Most Successful Investors Bought Shares in The Same Company.

February 28, 2024 | wsj.com

Rogers Communications Inc. Cl B

February 22, 2024 | msn.com

Immigration spurring telecom subscriber growth but ongoing investments needed: report

February 22, 2024 | theglobeandmail.com

Immigration spurring telecom subscriber growth but ongoing investments needed, report says

February 15, 2024 | msn.com

Rogers urges CRTC to prioritize costs of companies that build internet networks

February 6, 2024 | msn.com

Is Rogers Stock a Buy After its Shaw Takeover?

February 2, 2024 | msn.com

Rogers Communications’ (TSE:RCI.B) Cash Flow Forecast Doesn’t Stop Shareholder Exodus

February 2, 2024 | finance.yahoo.com

Rogers Communications (RCI) Q4 Earnings Beat, Revenues Rise Y/Y

February 2, 2024 | finance.yahoo.com

Rogers Communications Inc. (NYSE:RCI) Q4 2023 Earnings Call Transcript

February 1, 2024 | nasdaq.com

Rogers Communications Inc. Q4 Profit Decreases, but beats estimates

February 1, 2024 | finance.yahoo.com

Rogers Communication (RCI) Q4 Earnings Beat Estimates

January 29, 2024 | markets.businessinsider.com

Desjardins Reaffirms Their Buy Rating on Rogers Communication (RCI)

January 17, 2024 | theglobeandmail.com

Melinda Rogers-Hixon, Martha Rogers retiring from Rogers board as part of family settlement

January 17, 2024 | finanznachrichten.de

Rogers Communications Inc.: Rogers Communications Announces Board of Director Changes

January 17, 2024 | msn.com

Rogers sisters to retire from board in settlement of family feud

December 6, 2023 | finance.yahoo.com

Rogers Communications Inc's Dividend Analysis

November 30, 2023 | markets.businessinsider.com

Rogers Acquires 3800 MHz 5G Spectrum Across Canada

November 28, 2023 | theglobeandmail.com

Online streaming giants should direct 2% of Canadian revenues to local content, Rogers says

November 9, 2023 | msn.com

Rogers declares $0.50 dividend

See More Headlines

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Industry, Sector and Symbol

Stock Exchange: TSE
Sector: Business Services
Industry: Telecom Services
Sub-Industry: N/A
Current Symbol: TSE:RCI.A
CUSIP: N/A
CIK: N/A
Web: www.rogers.com
Phone: +1-416-0353532
Fax: N/A
Employees: N/A
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: C$65.00
High Stock Price Target: C$65.00
Low Stock Price Target: C$65.00
Potential Upside/Downside: +16.2%
Consensus Rating: Hold
Rating Score (0-4): 2.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): C$1.62
Trailing P/E Ratio: 34.54
Forward P/E Ratio: 11.50
P/E Growth: 0.95
Net Income: C$849 million
Net Margins: 4.40%
Pretax Margin: N/A
Return on Equity: 8.27%
Return on Assets: 4.47%

Debt

Debt-to-Equity Ratio: 442.92
Current Ratio: 0.89
Quick Ratio: 0.58

Sales & Book Value

Annual Sales: C$19.31 billion
Price / Sales: 0.32
Cash Flow: C$1.21 per share
Price / Cash Flow: 46.29
Book Value: C$19.70 per share
Price / Book: 2.84

Miscellaneous

Outstanding Shares: 111,150,000
Free Float: N/A
Market Cap: C$6.22 billion
Optionable: Not Optionable
Beta: 0.54

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Key Executives

Mr. Joseph M. Natale (Age 55)
Pres, CEO & Director
Mr. Anthony Staffieri F.C.A.
FCPA, FCA, Chief Financial Officer
Mr. Jorge Capelas Fernandes
Chief Technology & Information Officer
Mr. Dean L. Prevost
Pres of Rogers for Bus.
Mr. Brent R. Johnston
Pres of Wireless Division

Key Competitors

View All Competitors

RCI.A Stock Analysis - Frequently Asked Questions

Should I buy or sell Rogers Communications stock right now?: 1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Rogers Communications in the last year. There are currently 1 hold rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" RCI.A shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in RCI.A, but not buy additional shares or sell existing shares.
View RCI.A analyst ratings or view top-rated stocks.
What is Rogers Communications' stock price target for 2024?: 1 Wall Street research analysts have issued 1-year price objectives for Rogers Communications' shares. Their RCI.A share price targets range from C$65.00 to C$65.00. On average, they expect the company's stock price to reach C$65.00 in the next year. This suggests a possible upside of 18.1% from the stock's current price.
View analysts price targets for RCI.A or view top-rated stocks among Wall Street analysts.
How have RCI.A shares performed in 2024?: Rogers Communications' stock was trading at C$62.19 at the start of the year. Since then, RCI.A stock has decreased by 11.5% and is now trading at C$55.02.
View the best growth stocks for 2024 here.
How often does Rogers Communications pay dividends? What is the dividend yield for Rogers Communications?: Rogers Communications announced a quarterly dividend on Thursday, September 7th. Stockholders of record on Tuesday, October 3rd will be paid a dividend of 0.50 per share on Tuesday, October 3rd. This represents a $2.00 dividend on an annualized basis and a yield of 3.64%. The ex-dividend date of this dividend is Thursday, September 7th.
Read our dividend analysis for RCI.A.

Is Rogers Communications a good dividend stock?: Rogers Communications (TSE:RCI.A) pays an annual dividend of C$2.00 per share and currently has a dividend yield of 3.61%. The dividend payout ratio is 123.46%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for RCI.A.
How do I buy shares of Rogers Communications?: Shares of RCI.A stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

This page (TSE:RCI.A) was last updated on 4/19/2024 by MarketBeat.com Staff

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Rogers Communications (RCI.A) Stock Price, News & Analysis

Rogers Communications MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Rogers Communications Stock (TSE:RCI.A)

RCI.A Stock Price History

RCI.A Stock News Headlines

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

RCI.A Stock Analysis - Frequently Asked Questions

Overall MarketRank^™