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

Company Overview

Rogers is the largest wireless service provider in Canada, with its more than 10 million subscribers equating to one third of the total Canadian market. Rogers' wireless business accounted for 60% of the company's total sales in 2021 and has increasingly provided a bigger portion of total company sales over the last several years. Rogers' cable segment, which provides about one fourth of total sales, offers home internet, television, and landline phone service to consumers and businesses. Remaining sales come from Rogers' media unit, which owns and operates various television and radio stations and the Toronto Blue Jays. Rogers' significant exposure to sports also includes ownership stakes in the Toronto Maple Leafs, Raptors, FC, and Argonauts.

Key Stats

• Today's Range: C$49.20 to C$51.06
• 50-Day Range: C$44.74 to C$52.44
• 52-Week Range: C$44.21 to C$56.27
• Volume: 1.21 million shs
• Average Volume: 1.96 million shs
• Market Capitalization: C$26.97 billion
• P/E Ratio: 4.38
• Dividend Yield: 4.01%
• Price Target: C$59.00
• Consensus Rating: Moderate Buy

Rogers Communications Stock Analysis - MarketRank™

Rogers Communications scored higher than 86% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.9 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Rogers Communications has received a consensus rating of Moderate Buy. The company's average rating score is 2.82, and is based on no strong buy ratings, 9 buy ratings, 2 hold ratings, and no sell ratings.

Upside Potential

Rogers Communications has a consensus price target of C$59.00, representing about 18.2% upside from its current price of C$49.92.

Amount of Analyst Coverage

Rogers Communications has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Rogers Communications is 4.38, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 39.04.

Price to Earnings Ratio vs. Sector

The P/E ratio of Rogers Communications is 4.38, which means that it is trading at a less expensive P/E ratio than the Communication Services sector average P/E ratio of about 23.90.

Price to Earnings Growth Ratio

Rogers Communications has a PEG Ratio of 0.32. PEG Ratios below 1 indicate that a company could be undervalued.

Price to Book Value per Share Ratio

Rogers Communications has a P/B Ratio of 2.50. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for RCI.B.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Leadership

Rogers Communications is a leading dividend payer. It pays a dividend yield of 3.86%, 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 17.54%. This payout ratio is at a healthy, sustainable level, below 75%.

News and Social Media

• Score: 2.6 / 5
• News Sentiment: 0.20

News Sentiment

Rogers Communications has a news sentiment score of 0.20. 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 0.67 average news sentiment score of Communication Services companies.

News Coverage This Week

MarketBeat has tracked 3 news articles 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.

Company Ownership

• Score: 0.7 / 5
• Insider Trading: N/A

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

11.25% 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

26.31% of the stock of Rogers Communications is held by institutions.

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Communication Services
• Industry: Diversified Telecommunication Services
• Sub-Industry: Integrated Telecommunication Services
• Current Symbol: TSE:RCI.B
• CIK: N/A
• Web: www.rogers.com
• Phone: +1-416-0353532
• Fax: N/A
• Employees: 23,000
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Rogers Communications: C$59.00
• High Price Target: C$68.00
• Low Price Target: C$42.00
• Potential Upside/Downside: +18.2%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.82
• Research Coverage: 11 Analysts

Profitability

• EPS (Trailing Twelve Months): C$11.40
• Trailing P/E Ratio: 4.38
• Forward P/E Ratio: 9.38
• P/E Growth: 0.32
• Net Income: C$879 million
• Net Margins: 4.30%
• Pretax Margin: N/A
• Return on Equity: 7.93%
• Return on Assets: 4.20%

Debt

• Debt-to-Equity Ratio: 436.50
• Current Ratio: 0.65
• Quick Ratio: 0.58

Sales & Book Value

• Annual Sales: C$22.62 billion
• Price / Sales: 1.19
• Cash Flow: C$1.10 per share
• Price / Cash Flow: 45.56
• Book Value: C$19.93 per share
• Price / Book: 2.50

Miscellaneous

• Outstanding Shares: 540,225,000
• Free Float: N/A
• Market Cap: C$26.97 billion
• Optionable: Not Optionable
• Beta: 0.97