Rogers Communication, Inc. (NYSE:RCI) Receives $36.00 Consensus PT from Analysts

Rogers Communication, Inc. (NYSE:RCI) (TSE:RCI.B) has been given an average recommendation of “Hold” by the nine research firms that are presently covering the firm, Marketbeat reports. One analyst has rated the stock with a sell rating, four have issued a hold rating and four have issued a buy rating on the company. The average 12-month price objective among brokerages that have updated their coverage on the stock in the last year is $36.00.

Several research firms have recently issued reports on RCI. Raymond James Financial initiated coverage on shares of Rogers Communication in a report on Wednesday, July 15th. They set an “outperform” rating on the stock. Barclays reduced their target price on shares of Rogers Communication from $37.00 to $36.00 and set an “equal weight” rating for the company in a research note on Thursday, July 16th. Scotiabank reissued an “outperform” rating on shares of Rogers Communication in a research report on Tuesday, July 7th. Weiss Ratings restated a “hold (c)” rating on shares of Rogers Communication in a research note on Wednesday, June 17th. Finally, TD Securities lowered Rogers Communication from a “buy” rating to a “hold” rating in a research note on Thursday, April 2nd.

Rogers Communication Trading Down 4.2%

Shares of Rogers Communication stock opened at $32.92 on Monday. Rogers Communication has a 1 year low of $31.38 and a 1 year high of $41.14. The company’s fifty day simple moving average is $35.71 and its 200-day simple moving average is $36.63. The company has a market cap of $17.78 billion, a price-to-earnings ratio of 3.47, a PEG ratio of 4.17 and a beta of 0.64. The company has a current ratio of 0.55, a quick ratio of 0.53 and a debt-to-equity ratio of 1.43.

Rogers Communication (NYSE:RCI) (TSE:RCI.B) last released its earnings results on Wednesday, July 22nd. The Wireless communications provider reported $0.83 EPS for the quarter, beating the consensus estimate of $0.80 by $0.03. Rogers Communication had a net margin of 32.00% and a return on equity of 12.11%. The firm had revenue of $3.95 billion during the quarter, compared to analysts’ expectations of $3.91 billion. During the same period in the prior year, the company earned $1.14 EPS. The business’s quarterly revenue was up 7.6% compared to the same quarter last year. As a group, sell-side analysts expect that Rogers Communication will post 3.36 EPS for the current year.

Rogers Communication Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 2nd. Stockholders of record on Tuesday, September 8th will be issued a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 6.1%. The ex-dividend date of this dividend is Tuesday, September 8th. Rogers Communication’s dividend payout ratio (DPR) is presently 15.30%.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. NewEdge Advisors LLC bought a new position in Rogers Communication in the first quarter worth $483,000. JTC Employer Solutions Trustee Ltd boosted its stake in Rogers Communication by 1.0% during the first quarter. JTC Employer Solutions Trustee Ltd now owns 107,208 shares of the Wireless communications provider’s stock worth $4,107,000 after buying an additional 1,025 shares in the last quarter. Guardian Partners Inc. increased its holdings in Rogers Communication by 0.6% in the 1st quarter. Guardian Partners Inc. now owns 371,138 shares of the Wireless communications provider’s stock valued at $14,270,000 after buying an additional 2,285 shares during the period. EverSource Wealth Advisors LLC increased its holdings in Rogers Communication by 15.5% in the 1st quarter. EverSource Wealth Advisors LLC now owns 3,107 shares of the Wireless communications provider’s stock valued at $119,000 after buying an additional 418 shares during the period. Finally, Quantinno Capital Management LP increased its holdings in Rogers Communication by 13.5% in the 1st quarter. Quantinno Capital Management LP now owns 120,886 shares of the Wireless communications provider’s stock valued at $4,648,000 after buying an additional 14,370 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: Rogers reported Q2 earnings above Wall Street expectations, with EPS of $1.15 versus estimates of $0.79, while revenue rose 7.6% year over year. Rogers earnings release and conference call
• Positive Sentiment: The company said total service revenue increased 8% to C$5.1 billion, adjusted EBITDA rose 3% to C$2.4 billion, and free cash flow improved 6% to C$1.0 billion, suggesting better operating momentum and cash generation. Rogers Q2 2026 results
• Positive Sentiment: Management reaffirmed its full-year 2026 outlook, which may reassure investors that recent growth is sustainable. Rogers Q2 2026 results
• Neutral Sentiment: Rogers declared a quarterly dividend of C$0.50 per share, underscoring its income appeal, with a 6.1% annualized yield. Rogers dividend announcement
• Neutral Sentiment: The company also announced it will buy the remaining 25% stake in MLSE, a strategic move that could unlock value later, but the benefits will depend on execution and closing conditions. Rogers Q2 2026 results
• Negative Sentiment: Despite the earnings beat, Rogers remains a leveraged telecom name with a debt-to-equity ratio of 1.43 and weak liquidity metrics, which can limit upside if investors become more risk-averse.

Rogers Communication Company Profile

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.