Research Analysts Offer Predictions for RCI FY2025 Earnings

Rogers Communications Inc. (NYSE:RCI) (TSE:RCI.B) – Equities research analysts at National Bank Financial upped their FY2025 EPS estimates for Rogers Communications in a research note issued on Thursday, June 12th. National Bank Financial analyst A. Shine now anticipates that the Wireless communications provider will earn $3.43 per share for the year, up from their prior forecast of $3.41. 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 $3.56 EPS.

Several other equities research analysts also recently issued reports on the company. Scotiabank downgraded Rogers Communications from a “sector outperform” rating to a “sector perform” rating in a report on Tuesday, April 1st. Canaccord Genuity Group raised Rogers Communications from a “hold” rating to a “buy” rating in a research report on Friday, April 4th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and three have issued a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $67.00.

Rogers Communications Stock Down 0.1%

NYSE:RCI opened at $27.64 on Monday. Rogers Communications has a 52 week low of $23.18 and a 52 week high of $41.84. The stock’s fifty day moving average is $25.76 and its two-hundred day moving average is $28.01. The stock has a market capitalization of $14.82 billion, a price-to-earnings ratio of 11.91, a price-to-earnings-growth ratio of 1.43 and a beta of 0.73. The company has a quick ratio of 0.61, a current ratio of 0.66 and a debt-to-equity ratio of 3.67.

Rogers Communications (NYSE:RCI) (TSE:RCI.B) last issued its quarterly earnings data on Wednesday, April 23rd. The Wireless communications provider reported $0.69 EPS for the quarter, missing the consensus estimate of $0.71 by ($0.02). Rogers Communications had a return on equity of 25.19% and a net margin of 8.40%. The company had revenue of $3.46 billion during the quarter, compared to analyst estimates of $4.96 billion. During the same quarter in the prior year, the company posted $0.99 earnings per share. The business’s revenue was up 1.5% compared to the same quarter last year.

Rogers Communications Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, July 3rd. Stockholders of record on Monday, June 9th will be paid a $0.3611 dividend. This is a boost from Rogers Communications’s previous quarterly dividend of $0.35. This represents a $1.44 annualized dividend and a dividend yield of 5.23%. The ex-dividend date of this dividend is Monday, June 9th. Rogers Communications’s dividend payout ratio (DPR) is presently 62.23%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. SBI Securities Co. Ltd. increased its holdings in Rogers Communications 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 during the period. Lindbrook Capital LLC grew its position in shares of Rogers Communications by 95.1% during the fourth quarter. Lindbrook Capital LLC now owns 1,526 shares of the Wireless communications provider’s stock worth $47,000 after buying an additional 744 shares in the last quarter. Jones Financial Companies Lllp increased its stake in shares of 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 during the period. Versant Capital Management Inc acquired a new stake in Rogers Communications in the first quarter valued at approximately $79,000. Finally, CWM LLC raised its holdings in Rogers Communications 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 in the last quarter. 45.49% of the stock is currently owned by hedge funds and other institutional investors.

Rogers Communications 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.