S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
MarketBeat Week in Review – 11/27 - 12/1
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Trading Experts Call It “The Perfect Tesla Trade” (Ad)
US joins in other nations in swearing off coal power to clean the climate
At COP28 meeting, oil companies pledge to combat methane. Environmentalists call it a "smokescreen"
S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
MarketBeat Week in Review – 11/27 - 12/1
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Mega merger in the works? Humana, Cigna explore big deal
Teen girls are being victimized by deepfake nudes. One family is pushing for more protections
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
How major US stock indexes fared Friday, 12/1/2023
US targets oil and natural gas industry's role in global warming with new rule on methane emissions
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
US joins in other nations in swearing off coal power to clean the climate
At COP28 meeting, oil companies pledge to combat methane. Environmentalists call it a "smokescreen"
S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
MarketBeat Week in Review – 11/27 - 12/1
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Mega merger in the works? Humana, Cigna explore big deal
Teen girls are being victimized by deepfake nudes. One family is pushing for more protections
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
How major US stock indexes fared Friday, 12/1/2023
US targets oil and natural gas industry's role in global warming with new rule on methane emissions
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
US joins in other nations in swearing off coal power to clean the climate
At COP28 meeting, oil companies pledge to combat methane. Environmentalists call it a "smokescreen"
S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
MarketBeat Week in Review – 11/27 - 12/1
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Mega merger in the works? Humana, Cigna explore big deal
Teen girls are being victimized by deepfake nudes. One family is pushing for more protections
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
How major US stock indexes fared Friday, 12/1/2023
US targets oil and natural gas industry's role in global warming with new rule on methane emissions
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
US joins in other nations in swearing off coal power to clean the climate
At COP28 meeting, oil companies pledge to combat methane. Environmentalists call it a "smokescreen"

Rogers Communications Stock Price, News & Analysis (TSE:RCI.B)

C$60.27
+1.84 (+3.15%)
(As of 12/1/2023 ET)
Compare
Today's Range
C$58.53
C$60.46
50-Day Range
C$50.52
C$60.27
52-Week Range
C$50.15
C$67.67
Volume
1.76 million shs
Average Volume
1.30 million shs
Market Capitalization
C$25.16 billion
P/E Ratio
29.99
Dividend Yield
3.32%
Price Target
C$71.58

Rogers Communications MarketRank™ Stock Analysis

Analyst Rating
Buy
3.20 Rating Score
Upside/​Downside
18.8% Upside
C$71.58 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.24mentions of Rogers Communications in the last 14 days
Based on 5 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.46 out of 5 stars


RCI.B stock logo

About Rogers Communications Stock (TSE:RCI.B)

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.B Stock Price History

RCI.B Stock News Headlines

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Company Calendar

Ex-Dividend for 10/3 Dividend
9/07/2023
Dividend Payable
10/03/2023
Today
12/02/2023

Industry, Sector and Symbol

Industry
Telecom Services
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
N/A
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$71.58
High Stock Price Target
C$90.00
Low Stock Price Target
C$54.00
Potential Upside/Downside
+18.8%
Consensus Rating
Buy
Rating Score (0-4)
3.20
Research Coverage
10 Analysts

Profitability

Net Income
C$1.03 billion
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$18.14 billion
Cash Flow
C$1.32 per share
Book Value
C$20.75 per share

Miscellaneous

Free Float
N/A
Market Cap
C$25.16 billion
Optionable
Not Optionable
Beta
0.47
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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

Should I Buy Rogers Communications Stock? RCI.B Pros and Cons Explained

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of Rogers Communications was last updated on Tuesday, November 28, 2023 at 9:51 PM.

Pros

Here are some ways that investors could benefit from investing in Rogers Communications Inc.:

  • Rogers Communications Inc. has recently announced a partnership with a leading technology company, which is expected to drive innovation and growth in the telecommunications industry.
  • The company has a strong track record of generating consistent revenue and profit growth, providing investors with potential long-term returns.
  • Rogers Communications Inc. has a diversified business portfolio, including wireless, cable, and media assets, which helps to mitigate risks and capture opportunities in different market segments.
  • The company has a solid financial position, with a healthy balance sheet and strong cash flow, which provides stability and flexibility for future investments and dividends.
  • Rogers Communications Inc. has a history of paying dividends to its shareholders, offering a potential source of income for investors.

Cons

Investors should be bearish about investing in Rogers Communications Inc. for these reasons:

  • The telecommunications industry is highly competitive, and Rogers Communications Inc. faces challenges from other major players in the market.
  • Regulatory changes and government policies can impact the operations and profitability of telecommunications companies, including Rogers Communications Inc.
  • Fluctuations in interest rates and economic conditions can affect consumer spending and demand for telecommunications services, potentially impacting the company's financial performance.
  • Rogers Communications Inc. operates in a rapidly evolving technological landscape, and failure to adapt to emerging trends and technologies could pose risks to its market position.
  • The current stock price of Rogers Communications Inc. should be carefully considered by investors, as it may be influenced by various factors such as market conditions and investor sentiment.














RCI.B Stock Analysis - Frequently Asked Questions

Should I buy or sell Rogers Communications stock right now?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Rogers Communications in the last twelve months. There are currently 8 buy ratings and 2 strong buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" RCI.B shares.
View RCI.B analyst ratings
or view top-rated stocks.

What is Rogers Communications' stock price target for 2024?

10 Wall Street research analysts have issued 12 month price objectives for Rogers Communications' shares. Their RCI.B share price targets range from C$54.00 to C$90.00. On average, they anticipate the company's share price to reach C$71.58 in the next year. This suggests a possible upside of 18.8% from the stock's current price.
View analysts price targets for RCI.B
or view top-rated stocks among Wall Street analysts.

How have RCI.B shares performed in 2023?

Rogers Communications' stock was trading at C$63.37 at the beginning of 2023. Since then, RCI.B shares have decreased by 4.9% and is now trading at C$60.27.
View the best growth stocks for 2023 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 given 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 3.32%. The ex-dividend date of this dividend is Thursday, September 7th.
Read our dividend analysis for RCI.B
.

Is Rogers Communications a good dividend stock?

Rogers Communications (TSE:RCI.B) pays an annual dividend of C$2.00 per share and currently has a dividend yield of 3.41%. The dividend payout ratio is 99.50%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for RCI.B.

How do I buy shares of Rogers Communications?

Shares of RCI.B 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.B) was last updated on 12/2/2023 by MarketBeat.com Staff

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