National Bank Financial Estimates TSE:RCI FY2024 Earnings

Rogers Communications (TSE:RCI) – Research analysts at National Bank Financial lowered their FY2024 earnings per share (EPS) estimates for Rogers Communications in a note issued to investors on Thursday, January 2nd. National Bank Financial analyst A. Shine now expects that the company will post earnings per share of $4.81 for the year, down from their prior forecast of $4.87. National Bank Financial also issued estimates for Rogers Communications’ FY2025 earnings at $3.78 EPS and FY2026 earnings at $4.22 EPS.

Rogers Communications Stock Performance

Rogers Communications Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, January 3rd. Investors of record on Monday, December 9th were issued a dividend of $0.50 per share. The ex-dividend date of this dividend was Monday, December 9th. This represents a $2.00 annualized dividend and a yield of ∞.

Insider Buying and Selling

In other Rogers Communications news, Director Robert Gemmell acquired 20,000 shares of the business’s stock in a transaction on Friday, December 27th. The shares were acquired at an average price of C$43.67 per share, with a total value of C$873,396.00. Also, Director David Alan Robinson acquired 675 shares of the business’s stock in a transaction on Thursday, October 31st. The stock was acquired at an average cost of C$50.88 per share, for a total transaction of C$34,344.68. Following the transaction, the director now owns 675 shares of the company’s stock, valued at approximately C$34,344.68. The trade was a ∞ increase in their position.