Rogers Communication (NYSE:RCI) Lowered to “Hold” Rating by Wall Street Zen

Rogers Communication (NYSE:RCI) (TSE:RCI.B) was downgraded by research analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a report released on Saturday.

Other equities analysts also recently issued reports about the company. Desjardins downgraded Rogers Communication from a “buy” rating to a “hold” rating in a research report on Wednesday, December 10th. Morgan Stanley reissued an “underweight” rating on shares of Rogers Communication in a report on Wednesday, December 10th. Royal Bank Of Canada restated an “outperform” rating on shares of Rogers Communication in a research note on Tuesday, January 13th. Scotiabank reiterated a “sector perform” rating on shares of Rogers Communication in a research report on Monday, January 12th. Finally, Barclays reiterated a “positive” rating and issued a $37.00 price target on shares of Rogers Communication in a report on Tuesday. Five analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $36.00.

Rogers Communication Stock Down 2.2%

Shares of RCI stock opened at $37.74 on Friday. The stock’s fifty day moving average price is $37.14 and its 200 day moving average price is $36.34. The company has a market cap of $20.39 billion, a price-to-earnings ratio of 4.08, a price-to-earnings-growth ratio of 2.91 and a beta of 0.75. The company has a debt-to-equity ratio of 1.55, a current ratio of 0.62 and a quick ratio of 0.59. Rogers Communication has a 1-year low of $23.18 and a 1-year high of $40.26.

Rogers Communication (NYSE:RCI) (TSE:RCI.B) last released its earnings results on Thursday, January 29th. The Wireless communications provider reported $1.08 earnings per share for the quarter, topping the consensus estimate of $0.98 by $0.10. The company had revenue of $4.49 billion for the quarter, compared to the consensus estimate of $5.94 billion. Rogers Communication had a net margin of 32.29% and a return on equity of 15.61%. Rogers Communication’s revenue was up 12.6% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.46 EPS. On average, research analysts expect that Rogers Communication will post 3.57 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Rogers Communication

Institutional investors have recently bought and sold shares of the company. J. Safra Sarasin Holding AG acquired a new stake in shares of Rogers Communication in the second quarter worth approximately $343,000. Louisbourg Investments Inc. raised its holdings in shares of Rogers Communication by 24.7% during the 2nd quarter. Louisbourg Investments Inc. now owns 309,985 shares of the Wireless communications provider’s stock worth $9,177,000 after acquiring an additional 61,482 shares during the period. Lincluden Management Ltd. raised its stake in Rogers Communication by 26.8% during the second quarter. Lincluden Management Ltd. now owns 100,811 shares of the Wireless communications provider’s stock worth $2,988,000 after purchasing an additional 21,304 shares during the period. Vanguard Personalized Indexing Management LLC raised its position in shares of Rogers Communication by 19.2% during the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 20,661 shares of the Wireless communications provider’s stock valued at $613,000 after buying an additional 3,328 shares during the period. Finally, Meritage Portfolio Management raised its position in Rogers Communication by 137.9% in the second quarter. Meritage Portfolio Management now owns 159,115 shares of the Wireless communications provider’s stock valued at $4,719,000 after purchasing an additional 92,235 shares during the period. 45.49% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting Rogers Communication

Here are the key news stories impacting Rogers Communication this week:

• Positive Sentiment: Q4 results: Rogers beat EPS expectations with $1.08 vs. a $0.98 consensus and reported higher adjusted EBITDA — a clear near-term earnings beat that supports valuation. Rogers Communications Q4 Earnings Beat
• Positive Sentiment: Revenue strength: Q4 revenue rose ~12–13% YoY, led by media, sports and telecom growth — revenue outperformance provides top‑line momentum. Reuters: Revenue Above Estimates
• Positive Sentiment: Dividend boost: Board declared a $0.50 quarterly dividend (annualized yield ~5.2%), which supports income investors and can underpin the share price. Dividend Press Release
• Positive Sentiment: Technical/ratings lift: IBD upgraded Rogers B for improved price strength, which can attract momentum/technical traders. IBD Rating Upgrade
• Neutral Sentiment: Analyst stance mixed: Barclays maintained a Hold on RCI — a cautionary stance that may limit upside from the earnings beat. Barclays Hold Rating
• Neutral Sentiment: Earnings materials available: The company posted its earnings presentation and slide deck and held a call — useful for investors wanting management’s commentary on guidance, cash flow and capital allocation. Slide Deck / Call
• Neutral Sentiment: Peer comparison: Recent write-ups compare Rogers to international peers (e.g., Telefónica Brasil), which may influence relative valuation assessments but don’t change company fundamentals. Peer Comparison
• Negative Sentiment: YoY EPS decline and investor caution: EPS of $1.08 remains below last year’s $1.46, and some metrics raise questions about margin sustainability — this weaker year‑over‑year EPS and cautious broker views likely tempered buying despite the beat. MarketBeat Earnings Summary

About Rogers Communication

Rogers Communications Inc is a Canadian integrated communications and media company headquartered in Toronto, Ontario. The company provides a broad range of telecommunications services to residential and business customers across Canada, including wireless voice and data services, cable television, high-speed internet, and home phone services. In the enterprise market it offers managed IT, data center and cloud solutions, networking and connectivity services targeted to small businesses, large enterprises and public sector clients.

In addition to connectivity services, Rogers operates a significant media portfolio that includes national and regional television and radio assets, sports broadcasting properties and other content businesses.