What is Cormark’s Forecast for RCI Q2 Earnings?

Rogers Communication, Inc. (NYSE:RCI) (TSE:RCI.B) – Analysts at Cormark issued their Q2 2025 EPS estimates for shares of Rogers Communication in a research report issued on Friday, July 18th. Cormark analyst D. Mcfadgen forecasts that the Wireless communications provider will earn $0.80 per share for the quarter. The consensus estimate for Rogers Communication’s current full-year earnings is $3.57 per share.

Other equities research analysts have also issued research reports about the stock. Scotiabank reaffirmed a “sector perform” rating on shares of Rogers Communication in a report on Tuesday, July 15th. Canaccord Genuity Group raised shares of Rogers Communication from a “hold” rating to a “buy” rating in a research report on Friday, April 4th. Finally, BMO Capital Markets reiterated an “outperform” rating on shares of Rogers Communication in a research note on Wednesday, July 2nd. One investment analyst has rated the stock with a sell rating, four have given a hold rating and three have issued a buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $67.00.

Rogers Communication Price Performance

Rogers Communication stock opened at $33.34 on Monday. Rogers Communication has a 1 year low of $23.18 and a 1 year high of $41.84. The stock has a market cap of $17.94 billion, a price-to-earnings ratio of 14.31, a price-to-earnings-growth ratio of 1.78 and a beta of 0.76. 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 firm has a 50-day moving average of $28.54 and a two-hundred day moving average of $27.68.

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

Institutional Investors Weigh In On Rogers Communication

A number of institutional investors have recently bought and sold shares of the business. SBI Securities Co. Ltd. grew its holdings in shares of Rogers Communication by 885.4% during the 1st quarter. SBI Securities Co. Ltd. now owns 946 shares of the Wireless communications provider’s stock worth $25,000 after purchasing an additional 850 shares in the last quarter. Versant Capital Management Inc bought a new stake in shares of Rogers Communication during the first quarter worth $79,000. Parallel Advisors LLC increased its holdings in Rogers Communication by 176.9% in the second quarter. Parallel Advisors LLC now owns 2,891 shares of the Wireless communications provider’s stock valued at $86,000 after purchasing an additional 1,847 shares during the last quarter. CWM LLC grew its stake in Rogers Communication by 57.4% in the first quarter. CWM LLC now owns 3,736 shares of the Wireless communications provider’s stock valued at $100,000 after acquiring an additional 1,363 shares during the period. Finally, Northwestern Mutual Wealth Management Co. boosted its position in shares of Rogers Communication by 48.9% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 4,231 shares of the Wireless communications provider’s stock worth $113,000 after buying an additional 1,389 shares during the period. 45.49% of the stock is currently owned by institutional investors and hedge funds.

Rogers Communication Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, July 3rd. Shareholders of record on Monday, June 9th were given a $0.3611 dividend. The ex-dividend date of this dividend was Monday, June 9th. 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 4.33%. Rogers Communication’s dividend payout ratio (DPR) is currently 62.66%.

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.