National Bank Financial Comments on RCI FY2025 Earnings

Rogers Communications Inc. (NYSE:RCI) (TSE:RCI.B) – Equities research analysts at National Bank Financial boosted their FY2025 earnings estimates for shares of Rogers Communications in a research report issued on Monday, March 31st. National Bank Financial analyst A. Shine now anticipates that the Wireless communications provider will post earnings of $2.67 per share for the year, up from their previous forecast of $2.38. The consensus estimate for Rogers Communications’ current full-year earnings is $3.57 per share. National Bank Financial also issued estimates for Rogers Communications’ FY2026 earnings at $2.71 EPS.

Rogers Communications (NYSE:RCI) (TSE:RCI.B) last issued its earnings results on Thursday, January 30th. The Wireless communications provider reported $1.04 earnings per share 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%.

Several other research firms also recently commented on RCI. Canaccord Genuity Group raised shares of Rogers Communications from a “hold” rating to a “buy” rating in a research report on Friday. Bank of America cut shares of 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. Morgan Stanley assumed coverage on Rogers Communications in a research note on Monday, December 16th. They set an “underweight” rating for the company. Finally, Scotiabank lowered Rogers Communications from a “sector outperform” rating to a “sector perform” rating in a report on Tuesday. One analyst has rated the stock with a sell rating, five have given a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Rogers Communications currently has an average rating of “Hold” and a consensus target price of $61.75.

Rogers Communications Trading Down 0.9 %

Shares of NYSE RCI opened at $25.85 on Thursday. The stock has a market cap of $13.86 billion, a price-to-earnings ratio of 11.14, a PEG ratio of 1.43 and a beta of 0.67. The business has a 50 day simple moving average of $27.72 and a 200 day simple moving average of $32.43. The company has a debt-to-equity ratio of 3.67, a quick ratio of 0.61 and a current ratio of 0.66. Rogers Communications has a 52 week low of $24.76 and a 52 week high of $41.84.

Institutional Trading of Rogers Communications

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Lindbrook Capital LLC boosted its holdings in Rogers Communications by 95.1% in the 4th quarter. Lindbrook Capital LLC now owns 1,526 shares of the Wireless communications provider’s stock valued at $47,000 after purchasing an additional 744 shares during the period. Jones Financial Companies Lllp grew its position 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 buying an additional 1,052 shares in the last quarter. Versant Capital Management Inc bought a new position in Rogers Communications during the first quarter valued at about $79,000. Headlands Technologies LLC raised its holdings in Rogers Communications by 274.2% in the 4th quarter. Headlands Technologies LLC now owns 5,306 shares of the Wireless communications provider’s stock valued at $163,000 after acquiring an additional 3,888 shares in the last quarter. Finally, V Square Quantitative Management LLC lifted its position in shares of Rogers Communications by 19.1% in the 4th quarter. V Square Quantitative Management LLC now owns 5,795 shares of the Wireless communications provider’s stock worth $178,000 after acquiring an additional 930 shares during the period. 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 was paid on Wednesday, April 2nd. Investors of record on Monday, March 10th were given a dividend of $0.347 per share. The ex-dividend date of this dividend was Monday, March 10th. This represents a $1.39 annualized dividend and a dividend yield of 5.37%. Rogers Communications’s dividend payout ratio is presently 59.48%.

About Rogers Communications

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.