National Bank Financial Estimates RCI FY2025 Earnings

Rogers Communications Inc. (NYSE:RCI) (TSE:RCI.B) – Stock analysts at National Bank Financial lifted their FY2025 earnings per share (EPS) estimates for shares of Rogers Communications in a research note issued to investors on Monday, March 31st. National Bank Financial analyst A. Shine now anticipates that the Wireless communications provider will earn $2.67 per share for the year, up from their prior estimate of $2.38. The consensus estimate for Rogers Communications’ current full-year earnings is $3.57 per share. National Bank Financial also issued estimates for Rogers Communications’ FY2026 earnings at $2.71 EPS.

Rogers Communications (NYSE:RCI) (TSE:RCI.B) last posted its earnings results on Thursday, January 30th. The Wireless communications provider reported $1.04 EPS for the quarter, beating 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%.

A number of other analysts have also recently issued reports on the company. Scotiabank cut Rogers Communications from a “sector outperform” rating to a “sector perform” rating in a research report on Tuesday. Bank of America downgraded Rogers Communications from a “buy” rating to a “neutral” rating in a report on Tuesday, January 14th. Barclays restated an “equal weight” rating on shares of Rogers Communications in a research report on Tuesday, January 21st. Finally, Morgan Stanley began coverage on shares of Rogers Communications in a research report on Monday, December 16th. They issued an “underweight” rating for the company. One analyst has rated the stock with a sell rating, six have given a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat.com, Rogers Communications has a consensus rating of “Hold” and a consensus price target of $61.75.

Rogers Communications Stock Performance

Shares of RCI stock opened at $25.27 on Thursday. The stock’s 50-day moving average is $27.82 and its two-hundred day moving average is $32.58. 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 1 year low of $24.76 and a 1 year high of $41.84. The firm has a market cap of $13.55 billion, a price-to-earnings ratio of 10.89, a PEG ratio of 1.43 and a beta of 0.67.

Rogers Communications Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, April 2nd. Stockholders of record on Monday, March 10th were paid a dividend of $0.347 per share. This represents a $1.39 annualized dividend and a dividend yield of 5.49%. The ex-dividend date was Monday, March 10th. Rogers Communications’s dividend payout ratio (DPR) is presently 59.48%.

Institutional Investors Weigh In On Rogers Communications

Hedge funds have recently modified their holdings of the stock. Arrowstreet Capital Limited Partnership raised its position in Rogers Communications by 123.5% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 6,727,400 shares of the Wireless communications provider’s stock worth $206,565,000 after buying an additional 3,717,487 shares during the last quarter. FIL Ltd boosted its holdings in Rogers Communications by 7.2% in the 4th quarter. FIL Ltd now owns 33,450,577 shares of the Wireless communications provider’s stock valued at $1,028,336,000 after purchasing an additional 2,244,240 shares in the last quarter. Bank of Nova Scotia boosted its holdings in Rogers Communications by 20.6% in the 4th quarter. Bank of Nova Scotia now owns 7,736,202 shares of the Wireless communications provider’s stock valued at $237,784,000 after purchasing an additional 1,320,200 shares in the last quarter. Letko Brosseau & Associates Inc. lifted its holdings in shares of Rogers Communications by 23.5% in the 4th quarter. Letko Brosseau & Associates Inc. now owns 5,210,380 shares of the Wireless communications provider’s stock valued at $160,094,000 after buying an additional 992,780 shares during the period. Finally, National Bank of Canada FI raised its position in Rogers Communications by 18.6% in the third quarter. National Bank of Canada FI now owns 6,239,553 shares of the Wireless communications provider’s stock worth $250,886,000 after acquiring an additional 977,924 shares in the last quarter. 45.49% of the stock is owned by institutional investors and hedge funds.

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.