Brokers Offer Predictions for RCI Q1 Earnings

Rogers Communications Inc. (NYSE:RCI) (TSE:RCI.B) – Equities researchers at National Bank Financial issued their Q1 2025 earnings per share (EPS) estimates for shares of Rogers Communications in a report issued on Monday, March 31st. National Bank Financial analyst A. Shine anticipates that the Wireless communications provider will post earnings of $0.71 per share for the quarter. The consensus estimate for Rogers Communications’ current full-year earnings is $3.57 per share.

Other equities analysts have also issued reports about the company. Bank of America lowered Rogers Communications from a “buy” rating to a “neutral” rating in a research note on Tuesday, January 14th. Morgan Stanley assumed coverage on Rogers Communications in a research report on Monday, December 16th. They set an “underweight” rating on the stock. Scotiabank cut Rogers Communications from a “sector outperform” rating to a “sector perform” rating in a research report on Tuesday. Finally, Barclays reiterated an “equal weight” rating on shares of Rogers Communications in a research note on Tuesday, January 21st. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $61.75.

Rogers Communications Stock Performance

NYSE:RCI opened at $25.30 on Wednesday. The firm’s 50-day moving average is $27.88 and its 200-day moving average is $32.63. The company has a market cap of $13.56 billion, a price-to-earnings ratio of 10.90, a PEG ratio of 1.43 and a beta of 0.67. The company has a debt-to-equity ratio of 3.67, a quick ratio of 0.61 and a current ratio of 0.66. Rogers Communications has a 52-week low of $24.76 and a 52-week high of $41.84.

Rogers Communications (NYSE:RCI) (TSE:RCI.B) last announced its earnings results on Thursday, January 30th. The Wireless communications provider reported $1.04 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.97 by $0.07. Rogers Communications had a net margin of 8.40% and a return on equity of 25.19%.

Rogers Communications Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 2nd. Investors of record on Monday, March 10th will be paid a $0.347 dividend. This represents a $1.39 annualized dividend and a yield of 5.49%. The ex-dividend date is Monday, March 10th. Rogers Communications’s dividend payout ratio is 59.48%.

Institutional Trading of Rogers Communications

A number of large investors have recently bought and sold shares of the stock. Wellington Management Group LLP boosted its stake in shares of Rogers Communications by 95.6% in the 4th quarter. Wellington Management Group LLP now owns 43,424 shares of the Wireless communications provider’s stock valued at $1,334,000 after purchasing an additional 21,226 shares in the last quarter. Polar Asset Management Partners Inc. boosted its position in Rogers Communications by 239.5% in the fourth quarter. Polar Asset Management Partners Inc. now owns 42,500 shares of the Wireless communications provider’s stock valued at $1,306,000 after buying an additional 29,982 shares in the last quarter. Public Employees Retirement System of Ohio grew its stake in Rogers Communications by 280.2% during the fourth quarter. Public Employees Retirement System of Ohio now owns 241,730 shares of the Wireless communications provider’s stock worth $7,428,000 after buying an additional 178,145 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in shares of Rogers Communications by 7.6% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 749,464 shares of the Wireless communications provider’s stock worth $23,031,000 after buying an additional 53,208 shares in the last quarter. Finally, Twinbeech Capital LP raised its stake in shares of Rogers Communications by 235.5% in the fourth quarter. Twinbeech Capital LP now owns 28,844 shares of the Wireless communications provider’s stock valued at $886,000 after acquiring an additional 20,246 shares during the last quarter. 45.49% of the stock is currently owned by 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.