FY2025 EPS Estimates for RCI Cut by National Bank Financial

Rogers Communications Inc. (NYSE:RCI) (TSE:RCI.B) – Equities researchers at National Bank Financial cut their FY2025 EPS estimates for Rogers Communications in a report released on Thursday, January 2nd. National Bank Financial analyst A. Shine now anticipates that the Wireless communications provider will post earnings of $2.65 per share for the year, down from their prior estimate of $2.94. The consensus estimate for Rogers Communications’ current full-year earnings is $3.56 per share. National Bank Financial also issued estimates for Rogers Communications’ FY2026 earnings at $2.95 EPS.

Rogers Communications (NYSE:RCI) (TSE:RCI.B) last announced its earnings results on Thursday, October 24th. The Wireless communications provider reported $1.42 earnings per share for the quarter, beating analysts’ consensus estimates of $1.07 by $0.35. The company had revenue of $5.13 billion during the quarter, compared to analyst estimates of $3.79 billion. Rogers Communications had a return on equity of 23.75% and a net margin of 7.34%. The firm’s quarterly revenue was up .7% compared to the same quarter last year. During the same period last year, the company posted $0.95 earnings per share.

A number of other research analysts have also commented on the company. BMO Capital Markets increased their price objective on Rogers Communications from $67.00 to $70.00 and gave the company an “outperform” rating in a research report on Thursday, September 19th. Morgan Stanley began coverage on Rogers Communications in a research report on Monday, December 16th. They issued an “underweight” rating for the company. Finally, TD Securities raised their target price on shares of Rogers Communications from $73.00 to $74.00 and gave the company a “buy” rating in a research note on Thursday, September 19th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and three have assigned a buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $61.75.

Rogers Communications Price Performance

RCI opened at $30.80 on Monday. The company has a debt-to-equity ratio of 3.35, a current ratio of 0.68 and a quick ratio of 0.64. The stock has a market capitalization of $16.46 billion, a P/E ratio of 15.02, a price-to-earnings-growth ratio of 1.06 and a beta of 0.69. The company’s 50 day simple moving average is $34.11 and its 200-day simple moving average is $37.20. Rogers Communications has a one year low of $29.91 and a one year high of $48.19.

Institutional Trading of Rogers Communications

Several hedge funds have recently added to or reduced their stakes in RCI. Candriam S.C.A. acquired a new stake in shares of Rogers Communications during the second quarter worth about $510,000. Acadian Asset Management LLC acquired a new position in Rogers Communications during the 2nd quarter worth approximately $55,000. AGF Management Ltd. grew its stake in shares of Rogers Communications by 5.6% during the 2nd quarter. AGF Management Ltd. now owns 3,651,100 shares of the Wireless communications provider’s stock worth $135,018,000 after acquiring an additional 194,581 shares in the last quarter. American Century Companies Inc. raised its holdings in shares of Rogers Communications by 9.7% in the second quarter. American Century Companies Inc. now owns 68,679 shares of the Wireless communications provider’s stock valued at $2,540,000 after purchasing an additional 6,099 shares during the last quarter. Finally, Vest Financial LLC lifted its position in shares of Rogers Communications by 36.3% in the second quarter. Vest Financial LLC now owns 12,250 shares of the Wireless communications provider’s stock worth $453,000 after purchasing an additional 3,261 shares in the last quarter. Institutional investors and hedge funds own 45.49% of the company’s stock.

Rogers Communications Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, January 3rd. Stockholders of record on Monday, December 9th were given a dividend of $0.3611 per share. The ex-dividend date of this dividend was Monday, December 9th. This represents a $1.44 dividend on an annualized basis and a dividend yield of 4.69%. Rogers Communications’s dividend payout ratio is 71.71%.

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.