National Bank Financial Estimates RCI FY2025 Earnings

Rogers Communications Inc. (NYSE:RCI) (TSE:RCI.B) – Investment analysts at National Bank Financial lifted their FY2025 EPS estimates for Rogers Communications in a research note issued to investors on Monday, March 31st. National Bank Financial analyst A. Shine now expects that the Wireless communications provider will post earnings of $2.67 per share for the year, up from their previous estimate 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.

A number of other equities analysts have also issued reports on the stock. Morgan Stanley started coverage on shares of Rogers Communications in a research report on Monday, December 16th. They issued an “underweight” rating for the company. Bank of America lowered shares of Rogers Communications from a “buy” rating to a “neutral” rating in a research note on Tuesday, January 14th. Barclays restated an “equal weight” rating on shares of Rogers Communications in a research report on Tuesday, January 21st. Canaccord Genuity Group upgraded Rogers Communications from a “hold” rating to a “buy” rating in a research report on Friday. Finally, Scotiabank lowered Rogers Communications from a “sector outperform” rating to a “sector perform” rating in a report on Tuesday. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and three have given a buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $61.75.

Rogers Communications Trading Down 0.9 %

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 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 1 year low of $24.76 and a 1 year high of $41.84. The business has a fifty day moving average of $27.72 and a 200-day moving average of $32.43.

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

Rogers Communications Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, April 2nd. Stockholders of record on Monday, March 10th were given a dividend of $0.347 per share. This represents a $1.39 dividend on an annualized basis and a dividend yield of 5.37%. The ex-dividend date was Monday, March 10th. Rogers Communications’s dividend payout ratio (DPR) is presently 59.48%.

Hedge Funds Weigh In On Rogers Communications

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. FIL Ltd boosted its stake in Rogers Communications by 7.2% in the 4th quarter. FIL Ltd now owns 33,450,577 shares of the Wireless communications provider’s stock worth $1,028,336,000 after purchasing an additional 2,244,240 shares during the period. Bank of Nova Scotia lifted its holdings in shares of Rogers Communications by 20.6% in the fourth quarter. Bank of Nova Scotia now owns 7,736,202 shares of the Wireless communications provider’s stock valued at $237,784,000 after purchasing an additional 1,320,200 shares in the last quarter. Arrowstreet Capital Limited Partnership lifted its holdings in shares of Rogers Communications by 123.5% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 6,727,400 shares of the Wireless communications provider’s stock valued at $206,565,000 after purchasing an additional 3,717,487 shares in the last quarter. National Bank of Canada FI boosted its position in shares of Rogers Communications by 18.6% in the third quarter. National Bank of Canada FI now owns 6,239,553 shares of the Wireless communications provider’s stock worth $250,886,000 after buying an additional 977,924 shares during the period. Finally, Letko Brosseau & Associates Inc. grew its holdings in shares of Rogers Communications by 23.5% during the fourth quarter. Letko Brosseau & Associates Inc. now owns 5,210,380 shares of the Wireless communications provider’s stock valued at $160,094,000 after buying an additional 992,780 shares in the last quarter. Institutional investors and hedge funds own 45.49% of the company’s stock.

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.