National Bank Financial Predicts RCI FY2025 Earnings

Rogers Communications Inc. (NYSE:RCI) (TSE:RCI.B) – Analysts at National Bank Financial decreased their FY2025 EPS estimates for shares of Rogers Communications in a report issued on Thursday, January 2nd. National Bank Financial analyst A. Shine now anticipates that the Wireless communications provider will post earnings of $2.65 per share for the year, down from their previous forecast of $2.94. The consensus estimate for Rogers Communications’ current full-year earnings is $3.56 per share. National Bank Financial also issued estimates for Rogers Communications’ FY2026 earnings at $2.95 EPS.

Rogers Communications (NYSE:RCI) (TSE:RCI.B) last posted its earnings results on Thursday, October 24th. The Wireless communications provider reported $1.42 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.07 by $0.35. Rogers Communications had a net margin of 7.34% and a return on equity of 23.75%. The business had revenue of $5.13 billion for the quarter, compared to analyst estimates of $3.79 billion. During the same period in the prior year, the company posted $0.95 EPS. The company’s revenue for the quarter was up .7% on a year-over-year basis.

A number of other analysts have also recently commented on the company. Morgan Stanley assumed coverage on Rogers Communications in a research report on Monday, December 16th. They issued an “underweight” rating for the company. BMO Capital Markets boosted their price target on shares of Rogers Communications from $67.00 to $70.00 and gave the stock an “outperform” rating in a report on Thursday, September 19th. Finally, TD Securities increased their price objective on shares of Rogers Communications from $73.00 to $74.00 and gave the company a “buy” rating in a report on Thursday, September 19th. One research analyst has rated the stock with a sell rating, three have given a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $61.75.

Rogers Communications Stock Performance

NYSE RCI opened at $31.04 on Monday. The stock has a market capitalization of $16.59 billion, a price-to-earnings ratio of 15.14, a PEG ratio of 1.06 and a beta of 0.69. The stock has a 50-day moving average of $34.00 and a 200 day moving average of $37.15. The company has a current ratio of 0.68, a quick ratio of 0.64 and a debt-to-equity ratio of 3.35. Rogers Communications has a twelve month low of $29.91 and a twelve month high of $48.19.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in RCI. Cromwell Holdings LLC purchased a new stake in shares of Rogers Communications during the third quarter worth $31,000. Northwestern Mutual Wealth Management Co. boosted its position in Rogers Communications by 110.1% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 996 shares of the Wireless communications provider’s stock worth $37,000 after acquiring an additional 522 shares during the last quarter. Grove Bank & Trust grew its stake in Rogers Communications by 41.0% during the 3rd quarter. Grove Bank & Trust now owns 1,039 shares of the Wireless communications provider’s stock valued at $42,000 after acquiring an additional 302 shares in the last quarter. Acadian Asset Management LLC acquired a new stake in Rogers Communications in the 2nd quarter valued at about $55,000. Finally, Nexus Investment Management ULC purchased a new position in Rogers Communications in the 3rd quarter worth approximately $203,000. Hedge funds and other institutional investors own 45.49% of the company’s stock.

Rogers Communications Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 3rd. Investors of record on Monday, December 9th were paid a $0.3611 dividend. This represents a $1.44 annualized dividend and a yield of 4.65%. The ex-dividend date was Monday, December 9th. Rogers Communications’s dividend payout ratio is currently 71.71%.

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.