FY2026 EPS Forecast for Rogers Communication Cut by Analyst

Rogers Communication, Inc. (NYSE:RCI) (TSE:RCI.B) – Stock analysts at Scotiabank dropped their FY2026 EPS estimates for Rogers Communication in a research note issued on Friday, April 10th. Scotiabank analyst M. Yaghi now forecasts that the Wireless communications provider will post earnings of $3.60 per share for the year, down from their prior estimate of $3.80. Scotiabank currently has a “Sector Perform” rating on the stock. The consensus estimate for Rogers Communication’s current full-year earnings is $3.57 per share.

Other analysts have also recently issued research reports about the stock. Barclays reissued a “positive” rating and issued a $37.00 price objective on shares of Rogers Communication in a research note on Tuesday, January 27th. Weiss Ratings reissued a “hold (c+)” rating on shares of Rogers Communication in a research note on Friday, December 26th. TD Securities cut shares of Rogers Communication from a “buy” rating to a “hold” rating in a research note on Thursday, April 2nd. TD Cowen reissued a “buy” rating on shares of Rogers Communication in a research note on Friday, January 30th. Finally, Royal Bank Of Canada reissued an “outperform” rating on shares of Rogers Communication in a research note on Tuesday, January 13th. Three equities research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, Rogers Communication currently has a consensus rating of “Hold” and a consensus price target of $36.00.

Rogers Communication Stock Performance

Shares of Rogers Communication stock opened at $33.30 on Tuesday. The company has a quick ratio of 0.57, a current ratio of 0.61 and a debt-to-equity ratio of 1.48. Rogers Communication has a twelve month low of $24.63 and a twelve month high of $41.14. The stock has a market cap of $17.99 billion, a price-to-earnings ratio of 3.60, a P/E/G ratio of 5.80 and a beta of 0.72. The company’s fifty day moving average is $37.88 and its 200 day moving average is $37.48.

Rogers Communication (NYSE:RCI) (TSE:RCI.B) last posted its earnings results on Thursday, January 29th. The Wireless communications provider reported $1.08 earnings per share for the quarter, topping analysts’ consensus estimates of $0.98 by $0.10. The firm had revenue of $4.49 billion for the quarter, compared to analysts’ expectations of $5.94 billion. Rogers Communication had a net margin of 32.29% and a return on equity of 14.22%. The company’s revenue was up 12.6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.46 earnings per share.

Hedge Funds Weigh In On Rogers Communication

Several hedge funds and other institutional investors have recently bought and sold shares of RCI. Invesco Ltd. lifted its holdings in Rogers Communication by 52.3% in the second quarter. Invesco Ltd. now owns 934,712 shares of the Wireless communications provider’s stock valued at $27,724,000 after buying an additional 321,124 shares during the period. EverSource Wealth Advisors LLC lifted its holdings in Rogers Communication by 52.6% in the second quarter. EverSource Wealth Advisors LLC now owns 1,981 shares of the Wireless communications provider’s stock valued at $59,000 after buying an additional 683 shares during the period. Marshall Wace LLP lifted its holdings in Rogers Communication by 36.5% in the second quarter. Marshall Wace LLP now owns 37,179 shares of the Wireless communications provider’s stock valued at $1,103,000 after buying an additional 9,951 shares during the period. Cerity Partners LLC lifted its holdings in Rogers Communication by 7.0% in the second quarter. Cerity Partners LLC now owns 11,007 shares of the Wireless communications provider’s stock valued at $326,000 after buying an additional 724 shares during the period. Finally, AXA S.A. lifted its holdings in Rogers Communication by 231.1% in the second quarter. AXA S.A. now owns 49,945 shares of the Wireless communications provider’s stock valued at $1,481,000 after buying an additional 34,860 shares during the period. Institutional investors and hedge funds own 45.49% of the company’s stock.

Rogers Communication Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, April 2nd. Investors of record on Tuesday, March 10th were issued a $0.50 dividend. The ex-dividend date was Tuesday, March 10th. This represents a $2.00 annualized dividend and a yield of 6.0%. Rogers Communication’s payout ratio is presently 15.89%.

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.