National Bank Financial Weighs in on RCI FY2025 Earnings

Rogers Communications Inc. (NYSE:RCI) (TSE:RCI.B) – Investment analysts at National Bank Financial reduced their FY2025 earnings per share estimates for shares of Rogers Communications in a report released on Tuesday, February 11th. National Bank Financial analyst A. Shine now expects that the Wireless communications provider will post earnings per share of $2.38 for the year, down from their prior estimate of $2.48. The consensus estimate for Rogers Communications’ current full-year earnings is $3.58 per share. National Bank Financial also issued estimates for Rogers Communications’ FY2026 earnings at $2.68 EPS.

A number of other brokerages also recently weighed in on RCI. Barclays restated an “equal weight” rating on shares of Rogers Communications in a research report on Tuesday, January 21st. Morgan Stanley assumed coverage on Rogers Communications in a report on Monday, December 16th. They set an “underweight” rating on the stock. Finally, Bank of America lowered Rogers Communications from a “buy” rating to a “neutral” rating in a report on Tuesday, January 14th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and two have given a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $61.75.

Rogers Communications Stock Performance

Shares of NYSE RCI opened at $27.76 on Thursday. The firm’s 50-day moving average price is $30.03 and its 200-day moving average price is $35.55. Rogers Communications has a 52-week low of $26.57 and a 52-week high of $45.93. The company has a market cap of $14.84 billion, a PE ratio of 11.97, a PEG ratio of 1.37 and a beta of 0.68. 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 released its quarterly earnings data on Thursday, January 30th. The Wireless communications provider reported $1.04 EPS for the quarter, topping the consensus estimate of $0.97 by $0.07. Rogers Communications had a return on equity of 25.19% and a net margin of 8.40%.

Rogers Communications Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 2nd. Stockholders of record on Monday, March 10th will be paid a dividend of $0.347 per share. This represents a $1.39 annualized dividend and a dividend yield of 5.00%. The ex-dividend date is Monday, March 10th. Rogers Communications’s dividend payout ratio is presently 60.78%.

Institutional Investors Weigh In On Rogers Communications

Several hedge funds and other institutional investors have recently modified their holdings of RCI. Cromwell Holdings LLC purchased a new position in Rogers Communications during the third quarter valued at $31,000. Grove Bank & Trust raised its stake in shares of Rogers Communications by 41.0% in the third quarter. Grove Bank & Trust now owns 1,039 shares of the Wireless communications provider’s stock worth $42,000 after buying an additional 302 shares during the period. Lindbrook Capital LLC lifted its position in shares of Rogers Communications by 95.1% during the 4th quarter. Lindbrook Capital LLC now owns 1,526 shares of the Wireless communications provider’s stock valued at $47,000 after buying an additional 744 shares in the last quarter. Jones Financial Companies Lllp grew its stake in shares of Rogers Communications by 141.4% during the 4th quarter. Jones Financial Companies Lllp now owns 1,796 shares of the Wireless communications provider’s stock valued at $55,000 after acquiring an additional 1,052 shares during the period. Finally, Headlands Technologies LLC increased its holdings in Rogers Communications by 274.2% in the 4th quarter. Headlands Technologies LLC now owns 5,306 shares of the Wireless communications provider’s stock worth $163,000 after acquiring an additional 3,888 shares in the last quarter. 45.49% of the stock is currently owned by hedge funds and other institutional investors.

About Rogers Communications

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.