RCI Stock - Rogers Communications Inc.
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Financial Statements
| Metric | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Revenue | $20.60B | $19.31B | $15.40B | $14.65B | $13.92B |
| Gross Profit | $9.62B | $8.58B | $6.39B | $5.89B | $5.86B |
| Gross Margin | 46.7% | 44.4% | 41.5% | 40.2% | 42.1% |
| Operating Income | $5.00B | $4.46B | $3.82B | $3.30B | N/A |
| Net Income | $1.73B | $849.00M | $1.68B | $1.56B | $1.59B |
| Net Margin | 8.4% | 4.4% | 10.9% | 10.6% | 11.4% |
| EPS | $3.25 | $1.62 | $3.33 | $3.09 | $3.15 |
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 and accessory financing, wireless home phone, device protection, e-mail, global voice and data roaming, bridging landline, machine-to-machine and Internet of Things solutions, and advanced wireless solutions for businesses, as well as device delivery services; and postpaid and prepaid services under the Rogers, Fido, and chatr brands to approximately 11.3 million subscribers. It also provides Internet and WiFi services; smart home monitoring services, such as monitoring, security, automation, energy efficiency, and smart control through a smartphone app. In addition, the company offers local and network TV; on-demand television; cloud-based digital video recorders; voice-activated remote controls, and integrated apps; personal video recorders; linear and time-shifted programming; digital specialty channels; 4K television programming; and televised content on smartphones, tablets, and personal computers, as well as operates Ignite TV and Ignite TV app. Further, it provides residential and small business local telephony services; calling features, such as voicemail, call waiting, and long distance; voice, data networking, Internet protocol, and Ethernet services; private networking, Internet, IP voice, and cloud solutions; optical wave and multi-protocol label switching services; IT and network technologies; and cable access network services. The company also owns Toronto Blue Jays and the Rogers Centre event venue; and operates Sportsnet ONE, Sportsnet 360, Sportsnet World, Citytv, OMNI, FX (Canada), FXX (Canada), and OLN television networks, as well as 55 AM and FM radio stations. The company was founded in 1960 and is headquartered in Toronto, Canada.
Visit WebsiteRating Distribution
Price Targets
Recent Analyst Actions
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| December 10th 2025 | Desjardins | Downgrade | Hold | - |
| April 4th 2025 | Canaccord Genuity | Upgrade | Buy | - |
| April 1st 2025 | Scotiabank | Downgrade | Sector Perform | - |
| January 22nd 2025 | Barclays | Downgrade | Equal Weight | - |
| January 14th 2025 | BofA Securities | Downgrade | Neutral | - |
| December 16th 2024 | Morgan Stanley | Resumed | Underweight | - |
| July 25th 2024 | Canaccord Genuity | Downgrade | Hold | - |
| November 10th 2023 | Desjardins | Upgrade | Buy | - |
| September 15th 2023 | RBC Capital Mkts | Upgrade | Outperform | - |
| May 8th 2023 | Barclays | Resumed | Overweight | $55 |
| April 3rd 2023 | Desjardins | Downgrade | Hold | - |
| February 6th 2023 | UBS | Upgrade | Buy | - |
| June 21st 2022 | Canaccord Genuity | Upgrade | Buy | - |
Earnings History & Surprises
RCIEPS Surprise History
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q2 2026 | Apr 21, 2026 | — | — | — | — |
Q1 2026 | Jan 29, 2026 | $0.93 | — | — | — |
Q4 2025 | Oct 23, 2025 | $0.92 | $0.99 | +7.6% | ✓ BEAT |
Q3 2025 | Jul 23, 2025 | $0.80 | $0.82 | +2.5% | ✓ BEAT |
Q2 2025 | Apr 23, 2025 | $0.71 | $0.69 | -2.8% | ✗ MISS |
Q1 2025 | Jan 30, 2025 | $0.97 | $1.04 | +7.2% | ✓ BEAT |
Q4 2024 | Oct 24, 2024 | $1.07 | $1.04 | -2.8% | ✗ MISS |
Q3 2024 | Jul 24, 2024 | $0.83 | $0.85 | +2.4% | ✓ BEAT |
Q2 2024 | Apr 24, 2024 | $0.72 | $0.73 | +1.4% | ✓ BEAT |
Q1 2024 | Feb 1, 2024 | $0.76 | $0.87 | +14.5% | ✓ BEAT |
Q4 2023 | Nov 9, 2023 | $0.79 | $0.95 | +20.3% | ✓ BEAT |
Q3 2023 | Jul 26, 2023 | $0.84 | $0.76 | -9.5% | ✗ MISS |
Q2 2023 | Apr 26, 2023 | $0.78 | $0.81 | +3.8% | ✓ BEAT |
Q1 2023 | Feb 2, 2023 | $0.74 | $0.80 | +8.1% | ✓ BEAT |
Q4 2022 | Nov 9, 2022 | $0.69 | $0.64 | -7.2% | ✗ MISS |
Q3 2022 | Jul 27, 2022 | $0.64 | $0.67 | +4.7% | ✓ BEAT |
Q2 2022 | Apr 20, 2022 | $0.63 | $0.72 | +14.3% | ✓ BEAT |
Q1 2022 | Jan 27, 2022 | $0.73 | $0.76 | +4.1% | ✓ BEAT |
Q4 2021 | Oct 21, 2021 | $0.82 | $0.82 | 0.0% | = MET |
Q3 2021 | Jul 21, 2021 | $0.63 | $0.62 | -1.6% | ✗ MISS |
Latest News
Rogers Launches First Of Its Kind Nationwide Rogers Satellite Service In Canada, Adding WhatsApp Voice And Video Calling And Debuting Satellite To Mobile IoT Connectivity For Businesses
📈 PositiveBarclays Maintains Equal-Weight on Rogers Communications, Raises Price Target to $36
📈 PositiveBarclays Maintains Equal-Weight on Rogers Communications, Raises Price Target to C$50
📈 PositiveJP Morgan Maintains Overweight on Rogers Communications, Raises Price Target to C$62
📈 PositiveScotiabank Maintains Sector Perform on Rogers Communications, Raises Price Target to C$57.75
📈 PositiveCanaccord Genuity Maintains Buy on Rogers Communications, Raises Price Target to C$57
📈 PositiveRogers Communications Q3 Adj. EPS $1.00 Beats $0.92 Estimate, Sales $3.884B Beat $3.840B Estimate
📈 PositiveRogers Communications Q3 Adj. EPS $1.37 Down From $1.42 YoY, Sales $5.348B Up From $5.129B YoY
➖ NeutralScotiabank Maintains Sector Perform on Rogers Communications, Raises Price Target to C$55.75
📈 PositiveCanaccord Genuity Maintains Buy on Rogers Communications, Raises Price Target to C$55
📈 Positive'Rogers Mulls IPO Versus Private Capital as It Builds a Sports Empire' -Bloomberg
➖ NeutralShares in Canada's Rogers climb after BMO PT hike
📈 PositiveCanada's Rogers a 'top pick' at TD Cowen on improving investor sentiment
📈 PositiveFrequently Asked Questions about RCI
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