National Bank Financial Comments on RCI FY2025 Earnings

Rogers Communications Inc. (NYSE:RCI) (TSE:RCI.B) – Research analysts at National Bank Financial cut their FY2025 earnings per share (EPS) estimates for Rogers Communications in a research note issued on Tuesday, February 11th. National Bank Financial analyst A. Shine now expects that the Wireless communications provider will post earnings of $2.38 per share for the year, down from their previous 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.

Several other research firms have also commented on RCI. Morgan Stanley started coverage on Rogers Communications in a research report on Monday, December 16th. They set an “underweight” rating on the stock. Barclays reissued an “equal weight” rating on shares of Rogers Communications in a report on Tuesday, January 21st. Finally, Bank of America lowered Rogers Communications from a “buy” rating to a “neutral” rating in a report on Tuesday, January 14th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and two have given a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $61.75.

Rogers Communications Trading Up 1.9 %

RCI opened at $28.27 on Thursday. The firm has a market cap of $15.11 billion, a price-to-earnings ratio of 12.18, a price-to-earnings-growth ratio of 1.37 and a beta of 0.68. Rogers Communications has a 52 week low of $26.57 and a 52 week high of $45.93. The business’s 50 day moving average is $30.03 and its two-hundred day moving average is $35.55. The company has a quick ratio of 0.61, a current ratio of 0.66 and a debt-to-equity ratio of 3.67.

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

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Grove Bank & Trust grew its holdings 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 acquiring an additional 302 shares during the period. Crossmark Global Holdings Inc. grew its holdings in Rogers Communications by 1.6% during the fourth quarter. Crossmark Global Holdings Inc. now owns 23,563 shares of the Wireless communications provider’s stock worth $725,000 after acquiring an additional 379 shares during the period. Creative Planning grew its holdings in Rogers Communications by 2.2% during the third quarter. Creative Planning now owns 22,282 shares of the Wireless communications provider’s stock worth $896,000 after acquiring an additional 486 shares during the period. Verition Fund Management LLC grew its holdings in Rogers Communications by 7.9% during the third quarter. Verition Fund Management LLC now owns 7,484 shares of the Wireless communications provider’s stock worth $301,000 after acquiring an additional 551 shares during the period. Finally, PNC Financial Services Group Inc. boosted its position in Rogers Communications by 4.2% during the fourth quarter. PNC Financial Services Group Inc. now owns 14,194 shares of the Wireless communications provider’s stock worth $436,000 after purchasing an additional 571 shares in the last quarter. Institutional investors and hedge funds own 45.49% of the company’s stock.

Rogers Communications Cuts Dividend

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

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.