Research Analysts Offer Predictions for RCI FY2025 Earnings

Rogers Communications Inc. (NYSE:RCI) (TSE:RCI.B) – Stock analysts at National Bank Financial dropped their FY2025 earnings per share estimates for shares of Rogers Communications in a research report issued on Tuesday, February 11th. National Bank Financial analyst A. Shine now forecasts that the Wireless communications provider will post earnings per share of $2.38 for the year, down from their prior forecast of $2.48. The consensus estimate for Rogers Communications’ current full-year earnings is $3.58 per share. National Bank Financial also issued estimates for Rogers Communications’ FY2026 earnings at $2.68 EPS.

A number of other equities analysts have also recently commented on the company. Bank of America cut Rogers Communications from a “buy” rating to a “neutral” rating in a report on Tuesday, January 14th. Barclays restated an “equal weight” rating on shares of Rogers Communications in a report on Tuesday, January 21st. Finally, Morgan Stanley initiated coverage on Rogers Communications in a report on Monday, December 16th. They set an “underweight” rating for the company. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and two have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $61.75.

Rogers Communications Stock Up 1.9 %

Shares of NYSE:RCI opened at $28.27 on Thursday. The business has a 50-day moving average price of $30.03 and a 200 day moving average price of $35.55. The company has a current ratio of 0.66, a quick ratio of 0.61 and a debt-to-equity ratio of 3.67. The company has a market capitalization of $15.11 billion, a price-to-earnings ratio of 12.18, a PEG ratio of 1.37 and a beta of 0.68. Rogers Communications has a 12-month low of $26.57 and a 12-month high of $45.93.

Rogers Communications (NYSE:RCI) (TSE:RCI.B) last issued its quarterly earnings data on Thursday, January 30th. The Wireless communications provider reported $1.04 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.97 by $0.07. Rogers Communications had a return on equity of 25.19% and a net margin of 8.40%.

Rogers Communications Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 2nd. Stockholders of record on Monday, March 10th will be paid a $0.347 dividend. This represents a $1.39 annualized dividend and a dividend yield of 4.91%. The ex-dividend date is Monday, March 10th. Rogers Communications’s payout ratio is presently 60.78%.

Hedge Funds Weigh In On Rogers Communications

Several hedge funds and other institutional investors have recently made changes to their positions in RCI. Cromwell Holdings LLC purchased a new position in shares of Rogers Communications in the 3rd quarter valued at about $31,000. Grove Bank & Trust lifted its stake in Rogers Communications by 41.0% during the third quarter. Grove Bank & Trust now owns 1,039 shares of the Wireless communications provider’s stock worth $42,000 after purchasing an additional 302 shares during the last quarter. Lindbrook Capital LLC lifted its stake in Rogers Communications by 95.1% during the fourth quarter. Lindbrook Capital LLC now owns 1,526 shares of the Wireless communications provider’s stock worth $47,000 after purchasing an additional 744 shares during the last quarter. Jones Financial Companies Lllp lifted its stake in Rogers Communications by 141.4% during the fourth quarter. Jones Financial Companies Lllp now owns 1,796 shares of the Wireless communications provider’s stock worth $55,000 after purchasing an additional 1,052 shares during the last quarter. Finally, Headlands Technologies LLC lifted its stake in Rogers Communications by 274.2% during the fourth quarter. Headlands Technologies LLC now owns 5,306 shares of the Wireless communications provider’s stock worth $163,000 after purchasing an additional 3,888 shares during the last quarter. Hedge funds and other institutional investors own 45.49% of the company’s stock.

Rogers Communications Company Profile

Rogers Communications Inc operates as a communications and media company in Canada. It operates through three segments: Wireless, Cable, and Media. The company offers mobile Internet access, wireless voice and enhanced voice, device financing, device protection, global voice and data roaming, wireless home phone, bridging landline, machine-to-machine and Internet of Things solutions, and advanced wireless solutions for businesses, as well as device shipping and express pickup services; and postpaid and prepaid services under the Rogers, Fido, and chatr brands.