Rogers Communications Inc. (RCI)

NYSE: RCI · IEX Real-Time Price · USD
39.46
+0.13 (0.33%)
May 10, 2024, 2:16 PM EDT - Market open
0.33%
Market Cap 20.90B
Revenue (ttm) 14.98B
Net Income (ttm) 436.76M
Shares Out 530.31M
EPS (ttm) 0.81
PE Ratio 48.48
Forward PE 6.04
Dividend $1.50 (3.79%)
Ex-Dividend Date Jun 10, 2024
Volume 283,239
Open 39.45
Previous Close 39.33
Day's Range 39.31 - 39.67
52-Week Range 36.55 - 49.33
Beta 0.56
Analysts Buy
Price Target 62.50 (+58.39%)
Earnings Date Apr 24, 2024

About RCI

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, ... [Read more]

Founded 1960
Employees 22,000
Stock Exchange NYSE
Ticker Symbol RCI
Full Company Profile

Financial Performance

In 2023, RCI's revenue was 19.31 billion, an increase of 25.41% compared to the previous year's 15.40 billion. Earnings were 849.00 million, a decrease of -49.46%.

Financial numbers in CAD Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for RCI stock is "Buy." The 12-month stock price forecast is $62.5, which is an increase of 58.39% from the latest price.

Price Target
$62.5
(58.39% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Rogers Communications Announces Voting Results from Annual and Special Meeting of Shareholders

TORONTO, April 24, 2024 (GLOBE NEWSWIRE) -- Rogers Communications Inc. (TSX: RCI.A and RCI.B) (NYSE: RCI) (“Company”), in accordance with Toronto Stock Exchange requirements, announced the voting resu...

15 days ago - GlobeNewsWire

Rogers to Bring World-Class Comcast and Xfinity Products to Canada

New research finds majority of Canadians say the number of streaming services and apps is overwhelming

16 days ago - GlobeNewsWire

Rogers Communications Reports First Quarter 2024 Results

Reports nine straight quarters of industry-leading growth Reaffirms industry-leading 2024 financial guidance

16 days ago - GlobeNewsWire

Rogers Communications Declares 50 Cents per Share Quarterly Dividend

TORONTO, April 24, 2024 (GLOBE NEWSWIRE) -- Rogers Communications Inc. (TSX: RCI.A and RCI.B) (NYSE: RCI) (“Rogers”) announced that its Board of Directors declared a quarterly dividend totaling 50 cen...

16 days ago - GlobeNewsWire

Rogers $1M Season of Canada's Got Talent: Top Performances from Tonight's Episode on Citytv

– Rogers is giving this year's winner $1M, the largest cash prize in Canadian television history – – Catch up on tonight's episode of Canada's Got Talent on-demand or stream on Citytv+. New episodes o...

23 days ago - GlobeNewsWire

Rogers Collaborates with CableLabs to Develop Industry-Leading Network Technology for Canadians

CALGARY, Alberta, April 09, 2024 (GLOBE NEWSWIRE) -- Rogers Communications today announced it is collaborating with CableLabs to bring the world's best technology to Canadians. Located in Calgary at R...

4 weeks ago - GlobeNewsWire

Rogers Communications 1Q24 Investment Community Teleconference April 24, 2024 at 8:00 a.m. ET

TORONTO, March 27, 2024 (GLOBE NEWSWIRE) -- Rogers Communications Inc. (TSX: RCI.A and RCI.B) (NYSE: RCI) plans to release its first quarter 2024 financial results on Wednesday, April 24, 2024, before...

6 weeks ago - GlobeNewsWire

Rogers Communications Inc. Files Annual Report to Shareholders

Includes Annual Financial Statements, MD&A and 2023 Sustainability and Social Impact Report Includes Annual Financial Statements, MD&A and 2023 Sustainability and Social Impact Report

2 months ago - GlobeNewsWire

Canada's Got Talent Reveals Showstopping Acts for The Million Dollar Season, Courtesy of Rogers

– Canada's Got Talent premieres March 19 at 8 p.m. ET/PT on Citytv or stream anytime on Citytv+ – – This season sees 116 amazing acts from all corners of Canada, including Carbonear, Oakville, Prince ...

2 months ago - GlobeNewsWire

Rogers Communications Inc. Announces Pricing of US$2.5 billion Offering of US Dollar Senior Notes

TORONTO, Feb. 07, 2024 (GLOBE NEWSWIRE) -- Rogers Communications Inc. (TSX: RCI.A and RCI.B) (NYSE: RCI) (“RCI”) announced today that it has priced a public offering of two series of US dollar senior ...

3 months ago - GlobeNewsWire

Rogers Communications Reports Fourth Quarter 2023 Results; Announces 2024 Financial Guidance

Rogers reports record 2023 results driven by strong execution on Shaw acquisition combined with industry-leading performance as more Canadians are choosing Rogers than any other carrier for second str...

3 months ago - GlobeNewsWire

Rogers family's two members to retire from telecom giant's board

Rogers Communications said on Wednesday deputy chair Melinda Rogers-Hixon and Martha Rogers have decided to retire from the Canadian telecom giant's board as part of a private settlement between the m...

4 months ago - Reuters

Rogers Communications Announces Board of Director Changes

TORONTO, Jan. 17, 2024 (GLOBE NEWSWIRE) -- Rogers Communications announced today that Melinda Rogers-Hixon and Martha Rogers have made the decision to retire from the Rogers Board of Directors as part...

4 months ago - GlobeNewsWire

Rogers Communications 4Q23 Investment Community Teleconference February 1, 2024 at 8:00 a.m. ET

TORONTO, Dec. 20, 2023 (GLOBE NEWSWIRE) -- Rogers Communications Inc. (TSX: RCI.A and RCI.B) (NYSE: RCI) plans to release its fourth quarter 2023 financial results on Thursday, February 1, 2024, befor...

5 months ago - GlobeNewsWire

Rogers and Lynk Complete Historic Satellite-to-Mobile Phone Call in Canada

Global technology will improve public safety and connect Canadians in the most remote areas of the country Premier Andrew Furey completes first call with Search and Rescue volunteer HEART'S CONTENT, N...

5 months ago - GlobeNewsWire

Shaw Charity Classic Presented by Rogers Raises Over $100 Million for Children's Charities

Rogers announces new five-year deal as title sponsor, commits to PGA TOUR Champions tournament long-term Rogers announces new five-year deal as title sponsor, commits to PGA TOUR Champions tournament ...

5 months ago - GlobeNewsWire

Rogers Accelerates De-Leveraging Plans With Private Sale of Cogeco Shares

TORONTO, Dec. 12, 2023 (GLOBE NEWSWIRE) -- On December 11, 2023, Rogers Communications Inc. (TSX: RCI.A and RCI.B) (NYSE: RCI) (“RCI”) agreed to sell all of the subordinate voting shares (“SVS”) of Co...

5 months ago - GlobeNewsWire

Rogers Acquires 3800 MHz 5G Spectrum Across Canada

Company continues to invest substantially in Canada's Best and Only National 5G Network with a $475M Purchase Price Company continues to invest substantially in Canada's Best and Only National 5G Netw...

5 months ago - GlobeNewsWire

Rogers Turns on 5G Service for Its Customers at All TTC Subway Stations

Introduces Rogers 5G to tunnels in the Vaughan extension Starts multi-year build of 5G network across all remaining tunnels Rogers network successfully handled a record 411 terabytes of customer data ...

6 months ago - GlobeNewsWire

Canada's Rogers posts revenue jump as wireless subscribers grow

Canada's Rogers Communications met Wall Street estimates for third-quarter revenue on Thursday, as a rise in immigration to the country supported demand for the firm's wireless and internet services.

6 months ago - Reuters

Rogers Communications Reports Third Quarter 2023 Results

Rogers delivers strong results across the board as Canadians continue to choose Rogers more than any other carrier in Canada with record wireless net loading

6 months ago - GlobeNewsWire

Rogers Introduces Connected for Success 5G Wireless Program

Introduces $25 plan as part of commitment to make 5G services more affordable  Company gives Canadians in need a no-cost 5G smartphone, with plan   TORONTO, Nov. 07, 2023 (GLOBE NEWSWIRE) -- Rogers Co...

6 months ago - GlobeNewsWire

Rogers Proudly Presents Taylor Swift | The Eras Tour in Vancouver

VANCOUVER, British Columbia, Nov. 02, 2023 (GLOBE NEWSWIRE) -- Rogers Communications Inc. announced today it is the proud presenting sponsor of Taylor Swift | The Eras Tour in Vancouver. Swift will be...

6 months ago - GlobeNewsWire

Rogers Welcomes All Riders to the TTC 5G Network

Rogers tests 5G network on TTC with Toronto Maple Leafs Defenceman Morgan Rielly  Company develops and introduces immediate solution to connect transit riders  from all major Canadian wireless carrier...

7 months ago - GlobeNewsWire

Rogers Communications 3Q23 Investment Community Teleconference November 9, 2023 at 8:00 a.m. ET

TORONTO, Sept. 25, 2023 (GLOBE NEWSWIRE) -- Rogers Communications Inc. plans to release its third quarter 2023 financial results on Thursday, November 9, 2023, before North American financial markets ...

8 months ago - GlobeNewsWire