Cormark Expects Increased Earnings for Rogers Communications

Rogers Communications (TSE:RCIFree Report) – Equities research analysts at Cormark increased their FY2025 EPS estimates for Rogers Communications in a research note issued to investors on Wednesday, April 2nd. Cormark analyst D. Mcfadgen now forecasts that the company will post earnings per share of $5.03 for the year, up from their previous forecast of $5.00.

A number of other brokerages have also commented on RCI. Barclays lowered Rogers Communications from a “strong-buy” rating to a “hold” rating in a report on Tuesday, January 21st. Scotiabank downgraded shares of Rogers Communications from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 1st.

View Our Latest Research Report on RCI

Rogers Communications Price Performance

Rogers Communications Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, April 2nd. Investors of record on Monday, March 10th were given a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of ∞.

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Earnings History and Estimates for Rogers Communications (TSE:RCI)

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