What is Cormark’s Estimate for RCI Q2 Earnings?

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

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

Rogers Communication Price Performance

Rogers Communication stock opened at $32.93 on Monday. The business’s 50-day simple moving average is $28.54 and its 200 day simple moving average is $27.68. The stock has a market cap of $17.72 billion, a price-to-earnings ratio of 14.13, a P/E/G ratio of 1.78 and a beta of 0.76. Rogers Communication has a 12-month low of $23.18 and a 12-month high of $41.84. The company has a quick ratio of 0.94, a current ratio of 1.00 and a debt-to-equity ratio of 3.97.

Rogers Communication (NYSE:RCI) (TSE:RCI.B) last posted its quarterly earnings results on Wednesday, April 23rd. The Wireless communications provider reported $0.69 earnings per share (EPS) 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 the consensus estimate of $4.96 billion. Rogers Communication had a net margin of 8.53% and a return on equity of 25.28%. Rogers Communication’s revenue was up 1.5% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.99 EPS.

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 paid a $0.3611 dividend. This is a positive change from Rogers Communication’s previous quarterly dividend of $0.35. The ex-dividend date was Monday, June 9th. This represents a $1.44 annualized dividend and a yield of 4.39%. Rogers Communication’s dividend payout ratio is presently 62.23%.

Institutional Investors Weigh In On Rogers Communication

A number of hedge funds have recently modified their holdings of RCI. SBI Securities Co. Ltd. raised its position in shares of Rogers Communication by 885.4% during the first 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. Versant Capital Management Inc acquired a new stake in shares of Rogers Communication during the first quarter worth about $79,000. Parallel Advisors LLC raised its position in shares of Rogers Communication by 176.9% during the second quarter. Parallel Advisors LLC now owns 2,891 shares of the Wireless communications provider’s stock worth $86,000 after purchasing an additional 1,847 shares during the period. CWM LLC raised its position in shares of Rogers Communication by 57.4% during the first quarter. CWM LLC now owns 3,736 shares of the Wireless communications provider’s stock worth $100,000 after purchasing an additional 1,363 shares during the period. Finally, Northwestern Mutual Wealth Management Co. raised 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 purchasing an additional 1,389 shares during the period. Institutional investors and hedge funds own 45.49% of the company’s stock.

About Rogers Communication

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.