TSE:RCI.B

Rogers Communications (RCI.B) Stock Price, News & Analysis

C$52.30
-1.79 (-3.31%)
(As of 04/24/2024 ET)
Today's Range
C$51.97
C$55.49
50-Day Range
C$52.11
C$61.86
52-Week Range
C$50.15
C$67.67
Volume
3.11 million shs
Average Volume
1.51 million shs
Market Capitalization
C$21.97 billion
P/E Ratio
32.28
Dividend Yield
3.82%
Price Target
C$74.88

Rogers Communications MarketRank™ Stock Analysis

Analyst Rating
Buy
3.13 Rating Score
Upside/​Downside
43.2% Upside
C$74.88 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.07mentions of Rogers Communications in the last 14 days
Based on 6 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.39 out of 5 stars

RCI.B stock logo

About Rogers Communications Stock (TSE:RCI.B)

Rogers Communications Inc. operates as a communications and media company in Canada. It operates through three segments: Wireless, Cable, and Media. The Wireless segment offers wireless voice and data communication services to individual consumers, businesses, governments, and other telecommunications service providers; postpaid and prepaid wireless services under the Rogers, Fido, and chatr brands; and wireless devices, services, and applications to consumers and businesses. It provides its services to approximately 10.8 million subscribers. The Cable segment provides high-speed Internet, television, voice communication, and smart home monitoring services to consumers, businesses, governments, and wholesale resellers; and operates a transcontinental fiber-optic network that extends approximately 70,000 route kilometers, which provides voice and data communications and advanced services, including data centers and cloud computing to the enterprise, public sector, and carrier wholesale markets. Its service territory covers approximately 4.4 million homes. The Media segment owns the Toronto Blue Jays league baseball team and the Rogers Centre event venue; and offers television and radio broadcasting, multi-platform shopping experience, digital media, and publishing services. Rogers Communications Inc. was founded in 1920 and is based in Toronto, Canada.

RCI.B Stock Price History

RCI.B Stock News Headlines

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Industry, Sector and Symbol

Industry
Telecom Services
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
N/A
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$74.88
High Stock Price Target
C$88.00
Low Stock Price Target
C$63.00
Potential Upside/Downside
+43.2%
Consensus Rating
Buy
Rating Score (0-4)
3.13
Research Coverage
8 Analysts

Profitability

Net Income
C$849 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$19.31 billion
Cash Flow
C$1.15 per share
Book Value
C$19.70 per share

Miscellaneous

Free Float
N/A
Market Cap
C$21.97 billion
Optionable
Not Optionable
Beta
0.54
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Key Executives

  • Mr. Joseph M. Natale (Age 55)
    Pres, CEO & Director
  • Mr. Anthony Staffieri F.C.A.
    FCPA, FCA, Chief Financial Officer
  • Mr. Jorge Capelas Fernandes
    Chief Technology & Information Officer
  • Mr. Dean L. Prevost
    Pres of Rogers for Bus.
  • Mr. Brent R. Johnston
    Pres of Wireless Division

RCI.B Stock Analysis - Frequently Asked Questions

Should I buy or sell Rogers Communications stock right now?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Rogers Communications in the last twelve months. There are currently 7 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" RCI.B shares.
View RCI.B analyst ratings
or view top-rated stocks.

What is Rogers Communications' stock price target for 2024?

8 analysts have issued 1 year price targets for Rogers Communications' shares. Their RCI.B share price targets range from C$63.00 to C$88.00. On average, they anticipate the company's stock price to reach C$74.88 in the next year. This suggests a possible upside of 43.2% from the stock's current price.
View analysts price targets for RCI.B
or view top-rated stocks among Wall Street analysts.

How have RCI.B shares performed in 2024?

Rogers Communications' stock was trading at C$62.03 on January 1st, 2024. Since then, RCI.B shares have decreased by 15.7% and is now trading at C$52.30.
View the best growth stocks for 2024 here
.

How often does Rogers Communications pay dividends? What is the dividend yield for Rogers Communications?

Rogers Communications declared a quarterly dividend on Thursday, September 7th. Stockholders of record on Tuesday, October 3rd will be paid a dividend of 0.50 per share on Tuesday, October 3rd. This represents a $2.00 annualized dividend and a dividend yield of 3.82%. The ex-dividend date is Thursday, September 7th.
Read our dividend analysis for RCI.B
.

Is Rogers Communications a good dividend stock?

Rogers Communications (TSE:RCI.B) pays an annual dividend of C$2.00 per share and currently has a dividend yield of 3.72%. The dividend payout ratio is 123.46%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for RCI.B.

How do I buy shares of Rogers Communications?

Shares of RCI.B stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

This page (TSE:RCI.B) was last updated on 4/25/2024 by MarketBeat.com Staff

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