TSE:RCI FY2024 EPS Lowered by National Bank Financial

Rogers Communications (TSE:RCI) – Analysts at National Bank Financial reduced their FY2024 EPS estimates for shares of Rogers Communications in a research report issued to clients and investors on Thursday, January 2nd. National Bank Financial analyst A. Shine now forecasts that the company will post earnings of $4.81 per share for the year, down from their previous forecast of $4.87. National Bank Financial also issued estimates for Rogers Communications’ FY2025 earnings at $3.78 EPS and FY2026 earnings at $4.22 EPS.

Rogers Communications Stock Performance

Insider Activity at Rogers Communications

In other news, Director Robert Gemmell acquired 20,000 shares of the business’s stock in a transaction dated Friday, December 27th. The stock was acquired at an average price of C$43.67 per share, with a total value of C$873,396.00. Also, Director David Alan Robinson bought 675 shares of the firm’s stock in a transaction that occurred on Thursday, October 31st. The shares were purchased at an average price of C$50.88 per share, for a total transaction of C$34,344.68. Following the transaction, the director now owns 675 shares of the company’s stock, valued at C$34,344.68. The trade was a ∞ increase in their position.

Rogers Communications Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 3rd. Investors of record on Monday, December 9th were given a dividend of $0.50 per share. The ex-dividend date of this dividend was Monday, December 9th. This represents a $2.00 annualized dividend and a dividend yield of ∞.