TSE:RCI.B Rogers Communications - RCI.B Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium 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. C$63.44 +0.74 (+1.18%) (As of 03/28/2023 12:00 AM ET) Add Compare Share Share Today's RangeC$62.50▼C$63.6250-Day RangeC$60.64▼C$66.4952-Week RangeC$50.53▼C$80.85Volume774,437 shsAverage Volume1.16 million shsMarket CapitalizationC$24.98 billionP/E Ratio19.17Dividend Yield3.15%Price TargetC$72.40 ProfileAnalyst RatingsChartCompetitorsDividendHeadlinesSocial Media Rogers Communications MarketRank™ ForecastAnalyst RatingBuy3.11 Rating ScoreUpside/Downside14.1% UpsideC$72.40 Price TargetShort InterestN/ADividend StrengthWeakBased 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.2.02 out of 5 stars 2.6 Analyst's Opinion Consensus RatingRogers Communications has received a consensus rating of Buy. The company's average rating score is 3.11, and is based on 6 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of C$72.40, Rogers Communications has a forecasted upside of 14.1% from its current price of C$63.44.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 1.7 Dividend Strength Dividend YieldRogers Communications pays a meaningful dividend of 3.20%, 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 60.42%. 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 1.9 News and Social Media Coverage News SentimentRogers Communications has a news sentiment score of 0.34. 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 0.52 average news sentiment score of Business Services companies.News Coverage This WeekMarketBeat has tracked 1 news article for Rogers Communications this week, compared to 0 articles on an average week.Search InterestOnly 6 people have searched for RCI.B on MarketBeat in the last 30 days. This is a decrease of -57% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added Rogers Communications to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% 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 Insiders10.95% 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 Institutions66.00% 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 1.3 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Rogers Communications is 19.17, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 122.03.Price to Earnings Ratio vs. SectorThe P/E ratio of Rogers Communications is 19.17, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 243.91.Price to Earnings Growth RatioRogers Communications has a PEG Ratio of 1.32. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioRogers Communications has a P/B Ratio of 3.17. P/B Ratios above 3 indicate that a company could be overvalued 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 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 Stock News HeadlinesMarch 26, 2023 | americanbankingnews.comRogers Communications (TSE:RCI.B) Shares Cross Above 200-Day Moving Average of $60.12March 22, 2023 | americanbankingnews.comRogers Communications Inc. (TSE:RCI.B) Receives Average Recommendation of "Buy" from BrokeragesMarch 29, 2023 | Press Research (Ad)Nevada Could be the Source for America's Green FutureIndustry shift towards lithium driven by green energy goalsMarch 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 marketMarch 29, 2023 | Press Research (Ad)Nevada Could be the Source for America's Green FutureIndustry shift towards lithium driven by green energy goalsJanuary 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$3,74BOctober 6, 2022 | msn.com5 Things to Know About Rogers Communications StockAugust 10, 2022 | ca.finance.yahoo.comDown by 25%: Is Rogers Communications (TSX:RCI.B) a Good Value Buy Today?August 9, 2022 | msn.comALERT: 3 Undervalued TSX Stocks to Buy Right NowJuly 26, 2022 | theglobeandmail.comHow a coding error caused Rogers outage that left millions without serviceJuly 21, 2022 | theglobeandmail.comRogers still has some explaining to do about its outage and the fallout for its Shaw dealJuly 15, 2022 | msn.comHouse of Commons industry committee to investigate Rogers outageJuly 13, 2022 | theglobeandmail.comRogers CEO says company to make ‘every change and investment needed’ to prevent another outageJuly 11, 2022 | msn.comRogers Outage: Should Investors Buy the Dip in the Dividend Juggernaut?July 10, 2022 | theglobeandmail.comRogers restores service for "vast majority" of customers after outageJune 29, 2022 | ca.finance.yahoo.com$20 Billion Telco Merger: More Concessions and Conditions Ahead?June 21, 2022 | morningstar.comRogers Communications Inc Shs -B- Non-Voting - Stock ChartJune 9, 2022 | fool.caRogers (TSX:RCI.B) to Tribunal: Effects on Competition Is “Minimal to None”May 24, 2022 | morningstar.comRogers Communications Inc Shs -B- Non-Voting - Stock Trailing Returns RCI.BApril 28, 2022 | msn.comRogers to bring 500 jobs to Calgary with national technology centreApril 3, 2022 | msn.comIs Rogers Stock a Buy Following its Acquisition Approval?See More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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 Industry, 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$72.40 High Stock Price ForecastC$78.00 Low Stock Price ForecastC$69.00 Forecasted Upside/Downside+14.1%Consensus RatingBuy Rating Score (0-4)3.11 Research Coverage9 Analysts Profitability EPS (Most Recent Fiscal Year)C$3.31 Trailing P/E Ratio19.17 Forward P/E Ratio14.36 P/E Growth1.32Net IncomeC$1.68 billion Net Margins10.91% Pretax MarginN/A Return on Equity16.29% Return on Assets4.89% Debt Debt-to-Equity Ratio364.11 Current Ratio2.02 Quick Ratio0.58 Sales & Book Value Annual SalesC$15.40 billion Price / Sales1.62 Cash FlowC$1.39 per share Price / Cash Flow45.56 Book ValueC$19.99 per share Price / Book3.17Miscellaneous Outstanding Shares393,770,000Free FloatN/AMarket CapC$24.98 billion OptionableNot Optionable Beta0.38 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.BTELUSTSE:TRogers CommunicationsTSE:RCI.ABCETSE:BCERestaurant Brands InternationalTSE:QSRView All Competitors RCI.B Stock - Frequently Asked Questions Should I buy or sell Rogers Communications stock right now? 9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Rogers Communications in the last year. There are currently 1 hold rating, 6 buy ratings and 2 strong buy ratings for the stock. The consensus among Wall Street 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? 9 Wall Street analysts have issued 12 month target prices for Rogers Communications' stock. Their RCI.B share price forecasts range from C$69.00 to C$78.00. On average, they predict the company's stock price to reach C$72.40 in the next twelve months. This suggests a possible upside of 14.1% 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 increased by 0.1% and is now trading at C$63.44. 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 8th. Investors of record on Monday, October 3rd will be paid a dividend of 0.50 per share on Monday, October 3rd. This represents a $2.00 annualized dividend and a dividend yield of 3.15%. The ex-dividend date of this dividend is Thursday, September 8th. 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 3.20%. The dividend payout ratio is 60.42%. 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$63.44. How much money does Rogers Communications make? Rogers Communications (TSE:RCI.B) has a market capitalization of C$24.98 billion and generates C$15.40 billion in revenue each year. The company earns C$1.68 billion in net income (profit) each year or C$3.31 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 3/29/2023 by MarketBeat.com Staff 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. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. 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