FY2026 EPS Forecast for Rogers Communication Cut by Analyst

Rogers Communication, Inc. (NYSE:RCI) (TSE:RCI.B) – Research analysts at National Bank Financial lowered their FY2026 earnings per share estimates for shares of Rogers Communication in a note issued to investors on Sunday, June 29th. National Bank Financial analyst A. Shine now expects that the Wireless communications provider will earn $3.52 per share for the year, down from their previous estimate of $3.56. The consensus estimate for Rogers Communication’s current full-year earnings is $3.57 per share.

Other equities research analysts have also recently issued reports about the company. Canaccord Genuity Group upgraded Rogers Communication from a “hold” rating to a “buy” rating in a research note on Friday, April 4th. Scotiabank cut Rogers Communication from a “sector outperform” rating to a “sector perform” rating in a research note on Tuesday, April 1st. Finally, BMO Capital Markets restated an “outperform” rating on shares of Rogers Communication in a research note on Wednesday. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $67.00.

Rogers Communication Trading Up 0.8%

Shares of NYSE RCI opened at $32.12 on Wednesday. The company has a debt-to-equity ratio of 3.97, a current ratio of 1.00 and a quick ratio of 0.94. The stock has a market capitalization of $17.28 billion, a P/E ratio of 13.78, a price-to-earnings-growth ratio of 1.77 and a beta of 0.76. Rogers Communication has a 1-year low of $23.18 and a 1-year high of $41.84. The business has a fifty day moving average price of $26.93 and a 200 day moving average price of $27.56.

Rogers Communication (NYSE:RCI) (TSE:RCI.B) last issued its earnings results on Wednesday, April 23rd. The Wireless communications provider reported $0.69 earnings per share for the quarter, missing the consensus estimate of $0.71 by ($0.02). The firm had revenue of $3.46 billion during the quarter, compared to analysts’ expectations of $4.96 billion. Rogers Communication had a return on equity of 25.28% and a net margin of 8.53%. Rogers Communication’s quarterly revenue was up 1.5% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.99 earnings per share.

Rogers Communication Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, July 3rd. Investors of record on Monday, June 9th were given a dividend of $0.3611 per share. This is a positive change from Rogers Communication’s previous quarterly dividend of $0.35. This represents a $1.44 annualized dividend and a yield of 4.50%. The ex-dividend date was Monday, June 9th. Rogers Communication’s dividend payout ratio is currently 62.66%.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. APG Asset Management N.V. acquired a new position in Rogers Communication during the 4th quarter valued at about $3,303,000. FIL Ltd increased its position in Rogers Communication by 7.2% during the 4th quarter. FIL Ltd now owns 33,450,577 shares of the Wireless communications provider’s stock valued at $1,028,336,000 after buying an additional 2,244,240 shares in the last quarter. Northwest & Ethical Investments L.P. increased its position in Rogers Communication by 180.9% during the 4th quarter. Northwest & Ethical Investments L.P. now owns 344,131 shares of the Wireless communications provider’s stock valued at $10,560,000 after buying an additional 221,628 shares in the last quarter. Charles Schwab Investment Management Inc. increased its position in Rogers Communication by 57.1% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 210,133 shares of the Wireless communications provider’s stock valued at $6,457,000 after buying an additional 76,373 shares in the last quarter. Finally, Polar Asset Management Partners Inc. increased its position in Rogers Communication by 239.5% during the 4th quarter. Polar Asset Management Partners Inc. now owns 42,500 shares of the Wireless communications provider’s stock valued at $1,306,000 after buying an additional 29,982 shares in the last quarter. 45.49% of the stock is owned by institutional investors and hedge funds.

Rogers Communication 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.