TSE:RCI.B Rogers Communications (RCI.B) Stock Forecast, Price & News C$54.85 +0.29 (+0.53%) (As of 09/22/2023 ET) Add Compare Share Share Today's RangeC$54.33▼C$55.1550-Day RangeC$53.24▼C$60.8252-Week RangeC$50.53▼C$67.67Volume802,815 shsAverage Volume1.34 million shsMarket CapitalizationC$22.89 billionP/E Ratio18.66Dividend Yield3.65%Price TargetC$75.80 ProfileProfileAnalyst RatingsChartCompetitorsDividendHeadlinesSocial MediaProfileAnalyst RatingsChartCompetitorsDividendHeadlinesSocial Media Rogers Communications MarketRank™ ForecastAnalyst RatingBuy3.17 Rating ScoreUpside/Downside38.2% UpsideC$75.80 Price TargetShort InterestN/ADividend StrengthModerateBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider 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.2.73 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 3.17, and is based on 3 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of C$75.80, Rogers Communications has a forecasted upside of 38.2% from its current price of C$54.85.Amount of Analyst CoverageRogers Communications has only been the subject of 3 research reports in the past 90 days. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for RCI.B. Previous Next 2.5 Dividend Strength Dividend LeadershipRogers Communications is a leading dividend payer. It pays a dividend yield of 3.55%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthRogers Communications does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Rogers Communications is 68.03%. This payout ratio is at a healthy, sustainable level, below 75%. 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 1.1 News and Social Media Coverage Search Interest3 people have searched for RCI.B on MarketBeat in the last 30 days. This is an increase of 50% compared to the previous 30 days.MarketBeat Follows7 people have added Rogers Communications to their MarketBeat watchlist in the last 30 days. This is an increase of 250% 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 2.5 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Rogers Communications is 18.66, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 115.77.Price to Earnings Ratio vs. SectorThe P/E ratio of Rogers Communications is 18.66, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 23.36.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 2.51. 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 (TSE:RCI.B) StockRogers 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 Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart RCI.B Stock News HeadlinesSeptember 17, 2023 | americanbankingnews.comRoyal Bank of Canada Upgrades Rogers Communications (TSE:RCI.B) to "Outperform"September 2, 2023 | finance.yahoo.comHere's Why We're Wary Of Buying Rogers Communications' (TSE:RCI.B) For Its Upcoming DividendSeptember 24, 2023 | Behind the Markets (Ad)Laser breakthrough could send stock soaring 2,467%Laser breakthrough could send stock soaring 2,476% Whenever the military develops a breakthrough technology, timely investors could see groundbreaking returns. General Dynamics returned 8,990%... Boeing soared 4,238%... L3Harris shot up 1,628%...August 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 OutlookSeptember 24, 2023 | Behind the Markets (Ad)Laser breakthrough could send stock soaring 2,467%Laser breakthrough could send stock soaring 2,476% Whenever the military develops a breakthrough technology, timely investors could see groundbreaking returns. General Dynamics returned 8,990%... Boeing soared 4,238%... L3Harris shot up 1,628%...July 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 CommunicationsMarch 13, 2023 | marketwatch.comRogers Communications Inc. Cl B stock falls Monday, underperforms marketMarch 10, 2023 | finanznachrichten.deRogers Communications, Inc.: Rogers Communications Inc. Files Annual Financial Statements and Report to ShareholdersFebruary 9, 2023 | nasdaq.comRogers Communications (RCI) to Provide Coverage for MLB 2023February 2, 2023 | finanznachrichten.deRogers Communications, Inc.: Rogers Communications Reports Fourth Quarter and Full-Year 2022 Results; Announces 2023 Financial GuidanceJanuary 31, 2023 | marketwatch.comRogers Communications Inc. Cl B stock rises Tuesday, still underperforms marketJanuary 24, 2023 | msn.comCanadian court clears way for Rogers Communications’ nearly $20 billion takeover of rival ShawJanuary 17, 2023 | finanznachrichten.deRogers Communications Canada Inc.: Rogers Communications Announces the Passing of Alan HornNovember 9, 2022 | benzinga.comRogers Communications Q3 Revenue Grew 2% YoY To C$3,74BSee 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 RCI.B Company Calendar Ex-Dividend for 10/3 Dividend9/07/2023Today9/24/2023Dividend Payable10/03/2023Get 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 ForecastC$75.80 High Stock Price ForecastC$90.00 Low Stock Price ForecastC$68.00 Forecasted Upside/Downside+38.2%Consensus RatingBuy Rating Score (0-4)3.17 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)C$2.94 Trailing P/E Ratio18.66 Forward P/E Ratio10.48 P/E Growth0.92Net IncomeC$1.50 billion Net Margins8.93% Pretax MarginN/A Return on Equity13.40% Return on Assets3.95% Debt Debt-to-Equity Ratio399.46 Current Ratio0.65 Quick Ratio0.58 Sales & Book Value Annual SalesC$16.79 billion Price / Sales1.36 Cash FlowC$1.20 per share Price / Cash Flow45.56 Book ValueC$21.87 per share Price / Book2.51Miscellaneous Outstanding Shares417,410,000Free FloatN/AMarket CapC$22.89 billion OptionableNot Optionable Beta0.43 12 Stocks Corporate Insiders are AbandoningIf a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know?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 RCI.B Stock - Frequently Asked Questions Should I buy or sell Rogers Communications stock right now? 6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Rogers Communications in the last year. There are currently 1 hold rating, 3 buy ratings and 2 strong buy ratings for the stock. The consensus among Wall Street equities research 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 forecast for 2023? 6 equities research analysts have issued 12-month target prices for Rogers Communications' stock. Their RCI.B share price forecasts range from C$68.00 to C$90.00. On average, they anticipate the company's stock price to reach C$75.80 in the next twelve months. This suggests a possible upside of 38.2% 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 the year. Since then, RCI.B shares have decreased by 13.4% and is now trading at C$54.85. 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 declared a quarterly dividend on Thursday, September 7th. Shareholders 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 annualized dividend and a yield of 3.65%. The ex-dividend date 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 3.55%. The dividend payout ratio is 68.03%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for RCI.B. What is Rogers Communications' stock symbol? Rogers Communications trades on the Toronto Stock Exchange (TSX) under the ticker symbol "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. What is Rogers Communications' stock price today? One share of RCI.B stock can currently be purchased for approximately C$54.85. How much money does Rogers Communications make? Rogers Communications (TSE:RCI.B) has a market capitalization of C$22.89 billion and generates C$16.79 billion in revenue each year. The company earns C$1.50 billion in net income (profit) each year or C$2.94 on an earnings per share basis. How can I contact Rogers Communications? Rogers Communications' mailing address is 333 Bloor St E 10th Floor 6, TORONTO, ON M4W 1G9, Canada. The official website for the company is www.rogers.com. The company can be reached via phone at +1-416-0353532. This page (TSE:RCI.B) was last updated on 9/24/2023 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. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. 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