Latest news with #RogersCommunicationsInc
Yahoo
15-05-2025
- Business
- Yahoo
What Is Rogers Communications Inc.'s (TSE:RCI.B) Share Price Doing?
Today we're going to take a look at the well-established Rogers Communications Inc. (TSE:RCI.B). The company's stock saw significant share price movement during recent months on the TSX, rising to highs of CA$41.29 and falling to the lows of CA$32.92. Some share price movements can give investors a better opportunity to enter into the stock, and potentially buy at a lower price. A question to answer is whether Rogers Communications' current trading price of CA$34.89 reflective of the actual value of the large-cap? Or is it currently undervalued, providing us with the opportunity to buy? Let's take a look at Rogers Communications's outlook and value based on the most recent financial data to see if there are any catalysts for a price change. Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. The share price seems sensible at the moment according to our price multiple model, where we compare the company's price-to-earnings ratio to the industry average. In this instance, we've used the price-to-earnings (PE) ratio given that there is not enough information to reliably forecast the stock's cash flows. We find that Rogers Communications's ratio of 10.68x is trading slightly below its industry peers' ratio of 11.06x, which means if you buy Rogers Communications today, you'd be paying a reasonable price for it. And if you believe Rogers Communications should be trading in this range, then there isn't much room for the share price to grow beyond the levels of other industry peers over the long-term. Furthermore, it seems like Rogers Communications's share price is quite stable, which means there may be less chances to buy low in the future now that it's priced similarly to industry peers. This is because the stock is less volatile than the wider market given its low beta. Check out our latest analysis for Rogers Communications Investors looking for growth in their portfolio may want to consider the prospects of a company before buying its shares. Although value investors would argue that it's the intrinsic value relative to the price that matter the most, a more compelling investment thesis would be high growth potential at a cheap price. With profit expected to grow by 42% over the next couple of years, the future seems bright for Rogers Communications. It looks like higher cash flow is on the cards for the stock, which should feed into a higher share valuation. Are you a shareholder? It seems like the market has already priced in RCI.B's positive outlook, with shares trading around industry price multiples. However, there are also other important factors which we haven't considered today, such as the financial strength of the company. Have these factors changed since the last time you looked at RCI.B? Will you have enough confidence to invest in the company should the price drop below the industry PE ratio? Are you a potential investor? If you've been keeping an eye on RCI.B, now may not be the most advantageous time to buy, given it is trading around industry price multiples. However, the optimistic forecast is encouraging for RCI.B, which means it's worth further examining other factors such as the strength of its balance sheet, in order to take advantage of the next price drop. If you want to dive deeper into Rogers Communications, you'd also look into what risks it is currently facing. For example, we've discovered 1 warning sign that you should run your eye over to get a better picture of Rogers Communications. If you are no longer interested in Rogers Communications, you can use our free platform to see our list of over 50 other stocks with a high growth potential. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
Yahoo
24-04-2025
- Business
- Yahoo
Rogers Communications Announces Voting Results from Annual General Meeting of Shareholders
TORONTO, April 23, 2025 (GLOBE NEWSWIRE) -- Rogers Communications Inc. (TSX: RCI.A and RCI.B) (NYSE: RCI) (the 'Company'), in accordance with Toronto Stock Exchange requirements, announced the voting results from its Annual General Meeting of Shareholders held earlier today. Shareholders voted for all items of business put forth at today's meeting, those being the election of the director nominees and the appointment of KPMG LLP as the Company's auditors. A total of 108,564,494 Class A Voting shares, representing approximately 97.67% of the Company's issued and outstanding Class A Voting shares, were voted in connection with the election of directors. Director Nominee Result % of Shares Voted For % of Shares Voted Withhold Michael J. Cooper Elected 99.970% 0.030% Trevor English Elected 99.965% 0.035% Ivan Fecan Elected 99.984% 0.016% Robert J. Gemmell Elected 99.984% 0.016% Jan L. Innes Elected 99.994% 0.006% Diane A. Kazarian Elected 99.995% 0.005% Dr. Mohamed Lachemi Elected 99.985% 0.015% David A. Robinson Elected 99.984% 0.016% Edward S. Rogers Elected 99.970% 0.030% Lisa A. Rogers Elected 99.987% 0.013% Bradley S. Shaw Elected 99.984% 0.016% Wayne Sparrow Elected 99.991% 0.009% Tony Staffieri Elected 99.992% 0.008% John H. Tory Elected 99.983% 0.017% A total of 108,598,288 Class A Voting shares, representing approximately 97.70% of the Company's issued and outstanding Class A Voting shares, were voted in connection with the appointment of auditors. Auditors Result % of Shares Voted For % of Shares Voted Withhold KPMG LLP Appointed 99.994% 0.006% For director biographies, please visit About Rogers Communications Inc: Rogers is Canada's leading communications and entertainment company and its shares are publicly traded on the Toronto Stock Exchange (TSX: RCI.A and RCI.B) and on the New York Stock Exchange (NYSE: RCI). For more information, please visit or For further information: Investor Relations 1-844-801-4792
Bloomberg
23-04-2025
- Business
- Bloomberg
Rogers Misses Estimates as Cable Price Competition Intensifies
Rogers Communications Inc. narrowly missed analyst estimates in the first quarter as competitive pricing weighed on its cable business. Canada's largest wireless company earned 99 Canadian cents per share on an adjusted basis, less than the C$1.01 expected by analysts in a Bloomberg survey. Revenue of almost C$5 billion was in line with forecasts.
Yahoo
22-04-2025
- Business
- Yahoo
Is Rogers Communications (RCI) the Most Undervalued Canadian Stock to Buy According to Wall Street Analysts?
We recently published a list of the 10 Most Undervalued Canadian Stocks to Buy According to Wall Street Analysts. In this article, we are going to take a look at where Rogers Communications Inc. (NYSE:RCI) stands against other undervalued Canadian stocks according to Wall Street analysts. As February was concluding, Reuters reported that Canada's economy showed unexpected strength in Q4 2024, with an annualized growth rate of 2.6%. Household spending in particular, which makes up over half of the total GDP, rose by 1.4% in Q4. Business investments, which were stagnant for the past 11 quarters, finally showed positive momentum with a 0.7% growth in Q4. This was fueled by a 4.2% surge in investment in machinery and equipment. On a per capita basis, real GDP rose by 0.2% in Q4, which represents the second increase in the last 11 quarters. However, recently, amidst concerns over a US-led trade war, a Reuters poll from April indicates rising recession risks for Canada, which will potentially trigger at least two more Bank of Canada rate cuts this year, despite a temporary 90-day pause on some reciprocal tariffs announced by the US. Economists have now lowered Canada's growth forecasts to 1.2% for this year and 1.1% for the next, down from 1.7% and 1.6% respectively. All the economists surveyed agree that the US tariffs have negatively affected business sentiment. Inflation is projected to average 2.4% in 2025 and 2.1% in 2026. On April 7, Steve Odland, The Conference Board president and CEO, joined CNBC's Special Report to talk about the impact of tariff-led uncertainty on CEO sentiments. Steve Odland emphasized that CEOs need clarity on numbers, costs, and the rules of the game to plan effectively. While CEOs felt somewhat positive about the general direction of the economy, the introduction of tariffs had thrown everything into confusion. Odland described the situation as chaotic because many had expected tariffs to target countries like China, not close allies such as Canada and Mexico. This move was a shock to the system and raised questions about whether the tariffs were a temporary negotiating tactic or a long-term policy change, which further complicates business planning. In a conversation regarding the expectation of certain countries to come to the negotiating table, Odland responded that some countries, including Canada and Mexico, would likely be prioritized for quick resolution due to their importance. This is because of the integrated nature of the North American supply chain, especially in industries like automotive manufacturing. The conversation suggested that if firm deals could be reached with Canada, Mexico, China, Vietnam, and Taiwan, ideally resulting in zero tariffs, business confidence would improve. We first used the Finviz stock screener to compile a list of cheap Canadian stocks that had a forward P/E ratio under 15. We then selected the 10 stocks with high upside potential of over 35%. The stocks are ranked in ascending order of their upside potential. We have also added the hedge fund sentiment for each stock, as of Q4 2024, which was sourced from Insider Monkey's database. Note: All data was sourced on April 21. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here). A technician working on a mobile device, indicating the company's wireless internet access capabilities. Forward P/E Ratio as of April 21: 7.4 Number of Hedge Fund Holders: 17 Average Upside Potential as of April 21: 45.62% Rogers Communications Inc. (NYSE:RCI) is a communications and media company. It operates through three segments: Wireless, Cable, and Media. It offers a range of products and services, such as mobile Internet access, wireless voice & enhanced voice, device financing, IoT solutions, internet & WiFi services, security, and even on-demand television. In 2024, Rogers attracted more subscribers than any of its competitors and added a combined 623,000 wireless and Internet net additions. Specifically within Wireless, the company added 512,000 net postpaid and prepaid phone subscribers throughout the year and led the Canadian wireless sector for the third consecutive year. In Q4 2024, Wireless service revenue increased by 2% year-over-year. Rogers Communications Inc. (NYSE:RCI) added 95,000 net postpaid and prepaid phone subscribers in Q4. While this was down year-on-year due to a smaller market size resulting from government policies, the majority of these new subscribers were on Rogers' premium 5G brand. The 2025 outlook reflects overall single-digit growth for total service revenue. Overall, RCI ranks 8th on our list of the most undervalued Canadian stocks to buy according to Wall Street analysts. While we acknowledge the growth potential of RCI, our conviction lies in the belief that AI stocks hold great promise for delivering high returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than RCI but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Globe and Mail
10-04-2025
- Business
- Globe and Mail
US Tariffs and the Telecom Sector: Is Rogers Communications at Risk?
The recent U.S. announcement of reciprocal tariffs and the subsequent trade policy changes have cast a new spotlight on Canadian companies, including Rogers Communications Inc. (RCI-B:CA). While Rogers primarily operates in Canada's telecommunications sector and is not directly impacted by tariffs on physical goods, the ripple effects of these policies could still influence the company's performance and outlook. Tariffs' Impact on Rogers Communications: Although not a goods-based company, Rogers is not immune to the broader economic consequences of these trade policies. Several indirect factors could affect the company: Consumer Spending Pressure If tariffs persist and lead to inflation or reduced household purchasing power, consumers may begin to prioritize essential expenses, potentially impacting demand for premium or bundled telecommunications services. Increased Operating Costs Rogers relies on a variety of imported equipment and infrastructure components. Should tariffs apply to any of these inputs, particularly from U.S. suppliers, operational costs could increase, affecting profitability or delaying planned network investments. Investor Sentiment and Market Volatility Uncertainty around trade policy often influences capital markets. Fluctuating investor confidence can lead to volatility in share prices and shifts in institutional investment, impacting Rogers' valuation and access to capital. Stock Target Advisor's Analysis on Rogers Communications: Stock Target Advisor maintains a 'Moderate Buy' rating on Rogers Communications. This reflects a balance between the company's solid fundamentals, including strong market position and recurring revenue streams, and the macroeconomic uncertainties that could dampen sector growth. Analyst Ratings Recent analyst coverage underscores this cautious optimism: Canaccord Genuity Group upgraded the stock from 'Hold' to 'Buy' with a revised target price of C$41.00. JPMorgan Chase & Co. lowered its target from C$57.00 to C$53.00 but reaffirmed an 'Overweight' stance. TD Securities trimmed its target price from C$64.00 to C$62.00, maintaining a 'Buy' rating. These ratings suggest analysts are watching the broader macroeconomic environment closely but still see upside potential for Rogers. Learn More: China's Retaliatory Tariffs on U.S. Companies: Key Sectors and Stocks at Risk in 2025 Conclusion: While Rogers Communications is not on the front lines of tariff disputes, the indirect effects of ongoing trade tensions and economic uncertainty are very real. From consumer behavior to supply chain costs and investor sentiment, a range of factors could influence the company's short- to mid-term outlook.
