Rogers Communications (RCI) Projected to Post Earnings on Wednesday

Rogers Communications (NYSE:RCI) (TSE:RCI.B) is expected to be posting its Q1 2025 quarterly earnings results before the market opens on Wednesday, April 23rd. Analysts expect Rogers Communications to post earnings of $0.72 per share and revenue of $4.96 billion for the quarter.

Rogers Communications (NYSE:RCI) (TSE:RCI.B) last issued its quarterly earnings results on Thursday, January 30th. The Wireless communications provider reported $1.04 earnings per share for the quarter, topping the consensus estimate of $0.97 by $0.07. Rogers Communications had a return on equity of 25.19% and a net margin of 8.40%. On average, analysts expect Rogers Communications to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Rogers Communications Trading Down 1.2 %

NYSE RCI opened at $25.61 on Tuesday. Rogers Communications has a 52 week low of $23.18 and a 52 week high of $41.84. The company has a quick ratio of 0.61, a current ratio of 0.66 and a debt-to-equity ratio of 3.67. The stock has a market capitalization of $13.73 billion, a PE ratio of 11.04, a price-to-earnings-growth ratio of 1.43 and a beta of 0.67. The firm has a 50 day moving average of $26.91 and a two-hundred day moving average of $31.00.

Rogers Communications Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 2nd. Shareholders of record on Monday, March 10th were issued a dividend of $0.347 per share. This represents a $1.39 annualized dividend and a dividend yield of 5.42%. The ex-dividend date was Monday, March 10th. Rogers Communications’s payout ratio is 59.48%.

Analysts Set New Price Targets

RCI has been the topic of a number of recent research reports. Bank of America lowered Rogers Communications from a “buy” rating to a “neutral” rating in a report on Tuesday, January 14th. Scotiabank lowered Rogers Communications from a “sector outperform” rating to a “sector perform” rating in a report on Tuesday, April 1st. Canaccord Genuity Group raised Rogers Communications from a “hold” rating to a “buy” rating in a report on Friday, April 4th. Finally, Barclays reiterated an “equal weight” rating on shares of Rogers Communications in a research note on Tuesday, January 21st. One analyst has rated the stock with a sell rating, five have assigned a hold rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $67.00.

Rogers Communications Company Profile

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.