Rogers Communications Stock Price, News & Analysis (TSE:RCI.B) C$60.27 +1.84 (+3.15%) (As of 12/1/2023 ET) Add Compare Share Share Today's RangeC$58.53▼C$60.4650-Day RangeC$50.52▼C$60.2752-Week RangeC$50.15▼C$67.67Volume1.76 million shsAverage Volume1.30 million shsMarket CapitalizationC$25.16 billionP/E Ratio29.99Dividend Yield3.32%Price TargetC$71.58 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendHeadlinesStock AnalysisAnalyst ForecastsChartCompetitorsDividendHeadlines Rogers Communications MarketRank™ Stock AnalysisAnalyst RatingBuy3.20 Rating ScoreUpside/Downside18.8% UpsideC$71.58 Price TargetShort InterestN/ADividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.24Based on 5 Articles This WeekInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details 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 3.6 Analyst's Opinion Consensus RatingRogers Communications has received a consensus rating of Buy. The company's average rating score is 3.20, and is based on 8 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of C$71.58, Rogers Communications has a forecasted upside of 18.8% from its current price of C$60.27.Amount of Analyst CoverageRogers Communications has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for RCI.B. Previous Next 0.8 Dividend Strength Dividend YieldRogers Communications pays a meaningful dividend of 3.41%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthRogers Communications does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Rogers Communications is 99.50%. Payout ratios above 75% are not desirable because they may not be sustainable. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for RCI.B. Previous Next 1.8 News and Social Media Coverage News SentimentRogers Communications has a news sentiment score of 0.24. 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 0.64 average news sentiment score of Business Services companies.News Coverage This WeekMarketBeat has tracked 5 news articles for Rogers Communications this week, compared to 0 articles on an average week.Search InterestOnly 1 people have searched for RCI.B on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added Rogers Communications to their MarketBeat watchlist in the last 30 days. This is a decrease of -67% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Rogers Communications insiders have not sold or bought any company stock.Percentage Held by Insiders10.33% 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 Institutions61.22% of the stock of Rogers Communications is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Rogers Communications is 29.99, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 113.02.Price to Earnings Ratio vs. SectorThe P/E ratio of Rogers Communications is 29.99, which means that it is trading at a more expensive P/E ratio than the Business Services sector average P/E ratio of about 28.28.Price to Earnings Growth RatioRogers Communications has a PEG Ratio of 0.92. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioRogers Communications has a P/B Ratio of 2.90. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here 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.Read More RCI.B Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart RCI.B Stock News HeadlinesDecember 1, 2023 | finanznachrichten.deRogers Communications, Inc.: Rogers Acquires 3800 MHz 5G Spectrum Across CanadaDecember 1, 2023 | theglobeandmail.comWheels of justice grind slowly for Mobilicity’s initial investorsDecember 2, 2023 | DTI Trader (Ad)All the trading advice you’ve ever received boils down to thisAll the trading advice you’ve ever received boils down to one goal and one goal only: finding a reliable edge in the markets. If you can do that, grab hold of it and never let go. Because once you have that edge, and you can count on it, you never need to do anything else.November 30, 2023 | americanbankingnews.comRogers Communications (TSE:RCI.B) Share Price Passes Above 200-Day Moving Average of $56.83November 28, 2023 | msn.comOnline streamers should direct 2% of Canadian revenues to local content: RogersNovember 27, 2023 | seekingalpha.comRogers Communications: Growth In ARPU And Lower Debt Leverage Ratio EncouragingNovember 22, 2023 | americanbankingnews.comRogers Communications Inc. (TSE:RCI.B) Given Consensus Rating of "Buy" by AnalystsNovember 9, 2023 | msn.comRogers reports Q3 net loss on joint venture charge, adjusted profit up from year agoDecember 2, 2023 | Wealthpress (Ad)Trading Experts Call It “The Perfect Tesla Trade”Thanks to a new discovery linked to shares of Tesla, regular folks can now target gains of 100% or more in six days or less. New research shows it’s happened 23 different times this year. The next trade is scheduled for this Thursday.November 9, 2023 | theglobeandmail.comMarket movers: Why SU-T, CTC-A-T, RCI-B-T and more stocks are seeing action on ThursdayOctober 26, 2023 | theglobeandmail.comRogers shuts down CityNews Ottawa radio station, lays off newsroom staffSeptember 2, 2023 | finance.yahoo.comHere's Why We're Wary Of Buying Rogers Communications' (TSE:RCI.B) For Its Upcoming DividendAugust 20, 2023 | theglobeandmail.comClosing Bell: Rogers Communications Inc Cl B NV down on Friday (RCI-B)July 26, 2023 | finanznachrichten.deRogers Communications, Inc.: Rogers Communications Reports Second Quarter 2023 ResultsJuly 26, 2023 | baystreet.caRogers Communications’ Q2 Profit Plunged 73% To $109 MillionJuly 26, 2023 | benzinga.comRogers Communications Reports Second Quarter 2023 ResultsJuly 26, 2023 | msn.comRogers Communications Q2 Revenue Jumps 30%, Boosts FY23 Adj. EBITDA Growth OutlookJuly 26, 2023 | finance.yahoo.comWith 49% ownership, Rogers Communications Inc. (TSE:RCI.B) boasts of strong institutional backingJuly 26, 2023 | theglobeandmail.comRogers Communications Inc. Announces Expiration and Final Results of Exchange Offer for Notes Issued in Connection with Prior Private OfferingMay 26, 2023 | msn.comRogers Communications: Everyone Keeps Ignoring Good NewsMay 8, 2023 | marketwatch.comRogers Communications Inc. Cl B stock rises Monday, outperforms marketApril 21, 2023 | theglobeandmail.comClosing Bell: Rogers Communications Inc Cl B NV flat on Friday (RCI-B)April 21, 2023 | finanznachrichten.deRogers Communications Canada Inc.: Rogers Announces Executive Leadership AppointmentsApril 11, 2023 | theglobeandmail.comClosing Bell: Rogers Communications Inc Cl B NV up on Monday (RCI-B)April 6, 2023 | theglobeandmail.comClosing Bell: Rogers Communications Inc Cl B NV up on Wednesday (RCI-B)March 31, 2023 | finanznachrichten.deRogers Communications, Inc.: Rogers provides update to 2023 financial guidance to give effect to its acquisition of Shaw CommunicationsMarch 31, 2023 | msn.comShaw gains after Canadian regulator approves C$20B sale to Rogers CommunicationsSee More Headlines Receive RCI.B Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Rogers Communications and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 10/3 Dividend9/07/2023Dividend Payable10/03/2023Today12/02/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeTSE Industry Telecom Services Sub-IndustryN/A SectorBusiness Services Current SymbolTSE:RCI.B CUSIPN/A CIKN/A Webwww.rogers.com Phone+1-416-0353532FaxN/AEmployeesN/AYear FoundedN/APrice Target and Rating Average Stock Price TargetC$71.58 High Stock Price TargetC$90.00 Low Stock Price TargetC$54.00 Potential Upside/Downside+18.8%Consensus RatingBuy Rating Score (0-4)3.20 Research Coverage10 Analysts Profitability EPS (Most Recent Fiscal Year)C$2.01 Trailing P/E Ratio29.99 Forward P/E Ratio13.05 P/E Growth0.92Net IncomeC$1.03 billion Net Margins5.67% Pretax MarginN/A Return on Equity9.98% Return on Assets4.29% Debt Debt-to-Equity Ratio441.92 Current Ratio0.90 Quick Ratio0.58 Sales & Book Value Annual SalesC$18.14 billion Price / Sales1.39 Cash FlowC$1.32 per share Price / Cash Flow45.56 Book ValueC$20.75 per share Price / Book2.90Miscellaneous Outstanding Shares417,410,000Free FloatN/AMarket CapC$25.16 billion OptionableNot Optionable Beta0.47 7 Stocks to Buy And Hold ForeverClick the link below and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising. Get This Free Report Key ExecutivesMr. Joseph M. Natale (Age 55)Pres, CEO & Director Mr. Anthony Staffieri F.C.A.FCPA, FCA, Chief Financial OfficerMr. Jorge Capelas FernandesChief Technology & Information OfficerMr. Dean L. PrevostPres of Rogers for Bus.Mr. Brent R. JohnstonPres of Wireless DivisionKey CompetitorsShaw CommunicationsTSE:SJR.BRogers CommunicationsTSE:RCI.AQuebecorTSE:QBR.BQuebecorTSE:QBR.AEnerCareTSE:ECIView All Competitors 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 Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Rogers Communications Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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