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Rogers Communications (NYSE:RCI) 株価情報, 空売り情報

Rogers Communications

Rogers Communications is the largest wireless service provider in Canada, with its more than 11 million subscribers equating to one third of the total Canadian market. Its wireless business accounted for more than half of total revenue and has increasingly been providing a bigger portion of total company sales over the last several years. Rogers' cable segment, which provides about 35% of total revenue after acquiring Shaw, offers home internet, television, and landline phone service to consumers and businesses. Remaining sales come from Rogers' media unit, which owns and operates various television and radio stations and the Toronto Blue Jays. Rogers' significant exposure to sports also includes ownership stakes in the Toronto Maple Leafs, Raptors, FC, and Argonauts.

Rogers Communications Inc

ROGERS COMMUN INC A by Rogers Communications, Inc.

Reelcause Inc

RCI Hospitality Holdings, Inc. - Common Stock

RCI Hospitality Holdings Inc

Rogers Communication, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RCI#NYSE">RCI</a>) shares are trading lower after the company<a target="_blank" href="https://www.benzinga.com/movers" rel="noreferrer noopener"> reported third-quarter results.</a>
In U.S. dollars, adjusted earnings per share of $1.04 beat the analyst consensus estimate of 98 cents.
In Canadian dollars, the earnings per share were C$1.42, up 12% year over year. Quarterly sales totaled C$5.129 billion, up 1% year over year.
Wireless service revenue grew by 2% this quarter, mainly due to an increase in mobile phone subscribers over the past year.
Cable revenue fell by 1% this quarter but showed improvement from previous quarters, impacted by competitive promotions and a drop in Home Phone and Satellite subscribers.
Media revenue rose by 11% this quarter, driven mainly by higher sports-related revenue.
Also Read:&nbsp;<a target="_blank" href="https://www.benzinga.com/news/earnings/24/10/41515619/delivery-giant-ups-breaks-revenue-miss-streak-after-10-quarters-stock-soars" rel="noreferrer noopener">Delivery Giant UPS Breaks Revenue-Miss Streak After 10 Quarters, Stock Soars</a>
Consolidated adjusted EBITDA increased 6% this quarter, and the adjusted EBITDA margin increased by 230 basis points due to the full realization of the synergy program associated with the Shaw Transaction and ongoing cost efficiencies.
As of September&nbsp;30, the firm had C$4.8 billion of available liquidity, consisting of C$0.8 billion in cash and equivalents and C$4 billion available under bank and other credit facilities.
The company declared a C$0.50 per share dividend on October 23.
Outlook Reiterated: Total service revenue is expected to grow by 8% to 10%, while adjusted EBITDA is projected to increase by 12% to 15%.
After the quarter ended, Rogers signed a non-binding term sheet with a prominent global financial investor for a structured equity investment of C$7 billion to finance part of its network. The completion of this agreement depends on finalizing definitive contracts and is anticipated to close in the fourth quarter.
Price Action: RCI shares are trading lower by 3.59% to $37.82 at last check Thursday.
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Earnings

Equities

News

Markets

Movers

Media

General

Rogers Communications Q3 Earnings Beat Expectations Amid Ongoing Network Investment Plans

WIIM

Rogers shares are trading lower after the company reported worse-than-expected Q3 sales results.

Company reaffirms 2024 outlook
<ul>
<li>Total service revenue growth of 8% to 10%; adjusted EBITDA growth of 12% to 15%; capital expenditures of $3.8 billion to $4.0 billion; and free cash flow of $2.9 billion to $3.1 billion</li>
</ul>

Guidance

Rogers Communication Reaffirms 2024 Outlook: Sees Total Service Revenue Growth Of 8%-10%; Adjusted EBITDA Growth Of 12%-15%

Earnings Beats

Earnings Misses

UPDATE: Rogers Communications Q3 2024 Adj. EPS C$1.42 Beats C$1.35 Estimate, Sales C$5.129B Miss C$5.169B Estimate

Rogers Communications (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RCI#NYSE">RCI</a>) is preparing to release its quarterly earnings on Thursday, 2024-10-24. Here's a brief overview of what investors should keep in mind before the announcement.
Analysts expect Rogers Communications to report an earnings per share (EPS) of $0.98.
The announcement from Rogers Communications is eagerly anticipated, with investors seeking news of surpassing estimates and favorable guidance for the next quarter.
It's worth noting for new investors that guidance can be a key determinant of stock price movements.
<h3>Overview of Past Earnings</h3>
Last quarter the company beat EPS by $0.01, which was followed by a 0.32% drop in the share price the next day.
Here's a look at Rogers Communications's past performance and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q2 2024</th>
<th>Q1 2024</th>
<th>Q4 2023</th>
<th>Q3 2023</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>0.84</td>
<td>0.72</td>
<td></td>
<td>0.790</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>0.85</td>
<td>0.73</td>
<td>0.87</td>
<td>0.947</td>
</tr>
<tr>
<td>Price Change %</td>
<td>-0.0%</td>
<td>-0.0%</td>
<td>0.0%</td>
<td>-0.0%</td>
</tr>
</tbody>
</table>

<a href="https://www.benzinga.com/quote/RCI/earnings">To track all earnings releases for Rogers Communications visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

A Glimpse of Rogers Communications's Earnings Potential

A Major League Baseball team is up for sale and while billionaire Warren Buffett likely isn't buying the team, he could benefit thanks to a small stake<a href="https://www.benzinga.com/general/sports/23/11/35837148/warren-buffett-finds-sweet-spot-hits-home-run-with-stake-in-major-league-baseball-team"> in another team.</a>
What Happened: The sale of <a href="https://www.benzinga.com/topic/mlb">Major League Baseball </a>(MLB) teams has been rare in recent years, which means a new sale could reset the valuation metrics of teams, an item that shareholders of Atlanta Braves Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BATRA#NASDAQ">BATRA</a>)(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BATRK#NASDAQ">BATRK</a>) will be watching.
The Pohlad Family, which has owned the Minnesota Twins since 1984, announced Thursday that the team is up for sale.
Carl Pohlad, who passed away in 2009, bought the Twins for $44 million in 1984, as reported by <a href="https://www.sportico.com/business/team-sales/2024/minnesota-twins-for-sale-pohlad-family-1234800592/">Sportico</a>. His children Jim, Bob and Bill inherited the team upon his death. Jim Pohlad currently serves as the team's controlling owner.
"After months of thoughtful consideration, our family reached a decision this summer to explore selling the Twins. As we enter the next phase of this process, the time is right to make this decision public," the team said.
The Twins won World Series titles in 1987 and 1991 as the Twins and the franchise previously won a title as the Washington Senators in 1924, prior to moving to Minnesota in 1961.
The team has made the MLB Playoffs in four of the past 10 years, winning only one playoff series over the same time period.
The Twins narrowly missed making the playoffs in 2024 with an 82-80 record. General Manager Thad Levine announced he was leaving after eight years with the team. Manager Rocco Baldelli is slated to return for a seventh season in 2025. One plus for the Twins is having managerial stability with only four managers over the last 38 years.
A negative for the team and a potential new owner will be trying to improve television revenue. A deal with Bally Sports North expired after the 2023 season and Diamond Sports Group paid a reduced rate to have Twins games in 2024. The league announced they will take over production and distribution of Twins games and negotiate future deals.
You may not be a billionaire like Warren Buffett, but you can uncover hidden gems in the stock market using our proprietary data and pattern recognition — <a href="https://www.benzinga.com/general/entertainment/24/10/41187322/benzingas-stock-whisper-index-5-stocks-investors-secretly-monitor-but-dont-talk-about-yet">check out five stocks flying under the radar that deserve your attention.</a>
Why It's Important: Ownership of baseball teams like many professional sports teams is often reserved for the wealthiest people.
Baseball has a history of corporations owning teams, a rule that it no longer allows other than the Toronto Blue Jays, owned by Rogers Communications (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RCI#NYSE">RCI</a>), who are grandfathered in.
Previously, other MLB teams had corporate owners, which included:
<ul>
<li>St. Louis Cardinals: Anheuser-Busch</li>
<li>Chicago Cubs: Tribune Company</li>
<li>New York Yankees: CBS</li>
<li>Seattle Mariners: Nintendo</li>
<li>Los Angeles Angels: Disney</li>
</ul>
Private equity companies can own minority stakes in MLB teams but can't own a team outright. MLB has allowed private equity investments for years, while the NFL is just now<a href="https://www.benzinga.com/general/sports/24/08/40607642/jeff-bezos-could-have-competition-if-he-wants-the-nfls-seattle-seahawks-private-equity-investments"> coming around to the practice</a> to help improve investment opportunities for team owners.
The Twins are valued at $1.7 billion by <a href="https://www.sportico.com/feature/mlb-team-values-rankings-list-1234715821/">Sportico</a>, ranking 19th of 30 MLB teams. Here are the most recent MLB team sales:
<ul>
<li>2024: Baltimore Orioles, $1.725 billion</li>
<li>2020: New York Mets, $2.42 billion</li>
<li>2019: Kansas City Royals, $1 billion</li>
<li>2017: Miami Marlins, $1.2 billion</li>
<li>2016: Seattle Mariners, $1.4 billion</li>
<li>2012: Los Angeles Dodgers, $2.15 billion</li>
</ul>
The Washington Nationals and Los Angeles Angels hired bankers for potential sales but did not end up selling the teams.
The low number of recent sales could put the Twins in demand with sports ownership often viewed as a strong investment opportunity.
This could be great news for the Atlanta Braves, which are valued at $3.4 billion, ranking sixth by Sportico.
The Braves holding company, which is publicly traded, has a market capitalization of $2.5 billion and enterprise value of $3.1 billion. While the team already trades under the Sportico valuation, the sale of the Twins at a premium to the valuation, it could see other MLB teams rise in the rankings.
Buffett owns a small stake (233,645 shares) in the publicly traded Braves via Berkshire Hathaway (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BRK#NYSE">BRK</a>)(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BRK#NYSE">BRK</a>) and has a love for the game of baseball. The billionaire previously owned a stake in a minor league baseball team and had interest in buying the Chicago Cubs.
BATRA Price Action: Atlanta Braves Holdings stock closed Thursday at $41.57 versus a 52-week trading range of $36.78 to $46.65. The stock is down 1.1% year-to-date in 2024.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/general/sports-betting/24/04/38022637/atlanta-braves-stock-could-be-undervalued-based-on-mlb-team-valuations-did-warren-buffett-">Atlanta Braves Stock Could Be Undervalued Based On MLB Team Valuations, Did Warren Buffett Spot Another Value Stock?</a></li>
</ul>
Photos: Shutterstock

Sports

Trading Ideas

BATRA

BATRK

Warren Buffett Home Run? Billionaire's Baseball Bet Could Rise In Value With Minnesota Twins Sale

Rogers Communications confirmed today it will be the proud home&nbsp;of Warner Bros. Discovery's suite of English-language U.S. lifestyle and factual brands starting January 1, 2025. This confirms Rogers plans to bring this sought after content to Canadians and follows Bell's decision to abandon its legal efforts to block Canadians from seeing Discovery channels.

Rogers Communications Will Be The Home Of Warner Bros. Discovery's Suite Of English-Language U.S. Lifestyle And Factual Brands Starting January 1, 2025

Rogers Communications Inc.&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RCI#NYSE">RCI</a>) shares are trading higher on Thursday. On Wednesday, the company disclosed an agreement to acquire Bell&#8217;s 37.5% stake in Maple Leaf Sports &amp; <a href="https://www.benzinga.com/pressreleases/24/09/g40917829/rogers-to-become-majority-owner-of-maple-leaf-sports-entertainment" target="_blank" rel="noreferrer noopener">Entertainment</a><a href="https://www.benzinga.com/pressreleases/24/09/g40917829/rogers-to-become-majority-owner-of-maple-leaf-sports-entertainment" target="_blank" rel="noreferrer noopener"> (MLSE) for $3.46 billion (Canadian $4.7 billion</a>).
Upon closure, Rogers will hold a 75% controlling interest in MLSE. Bell will retain long-term broadcast and sponsorship rights, including access to 50% of Toronto Maple Leafs and Raptors games.
This deal expands Rogers&#8217; sports portfolio, which includes ownership of the Toronto Blue Jays, Rogers Centre and Sportsnet, and partnerships with the Vancouver Canucks, Edmonton Oilers, Calgary Flames and the NHL.
With this transaction, Rogers aims to continue investing in efforts to bring championships to Canada. The transaction is pending league and regulatory approvals.
&#8220;As Canada&#8217;s leading communications and entertainment company, live sports and entertainment are a critical part of our core business strategy,&#8221; said Tony Staffieri, Rogers Communications president and CEO.
In July, the company reported second-quarter revenues of $3.7 billion (C$5.093 billion), <a href="https://www.benzinga.com/news/earnings/24/07/39937266/rogers-communication-navigates-mixed-q2-subscriber-additions-clash-with-revenue-miss" target="_blank" rel="noreferrer noopener">missing the consensus of $3.76 billion</a> (<a href="https://www.benzinga.com/news/earnings/24/07/39937266/rogers-communication-navigates-mixed-q2-subscriber-additions-clash-with-revenue-miss" target="_blank" rel="noreferrer noopener">C$5.105 billion</a>).
As of June&nbsp;30, the firm had $3.17 billion (C$4.3 billion) of available liquidity, consisting of $331,980,750 (C$0.45 billion) in cash and cash equivalents and $2.8 billion (C$3.85 billion) available under bank and other credit facilities.
RCI Price Action: RCI shares are up 0.50% at $39.84 at the last check Thursday.
Read Next:
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Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo: Shutterstock

Entertainment

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Global

Rogers Communications Pays $3.46B for Majority Stake In Maple Leaf Sports & Entertainment

RBC Capital analyst Drew McReynolds maintains Rogers Communications (TSX:<a class="ticker" href="https://www.benzinga.com/stock/RCI#TSX">RCI</a>) with a Outperform and raises the price target from C$65 to C$66.

Price Target

Analyst Ratings

TSX:RCI

TSX:RCI.B

RBC Capital Maintains Outperform on Rogers Communications, Raises Price Target to C$66

BMO Capital analyst Tim Casey maintains Rogers Communications (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RCI#NYSE">RCI</a>) with a Outperform and raises the price target from $67 to $70.

BMO Capital Maintains Outperform on Rogers Communications, Raises Price Target to $70

Signs agreement to buy out Bell&#39;s 37.5% ownership stake in MLSE
&nbsp;
Will invest to bring championships to Canada
Sportsnet will continue to broadcast 50% of Maple Leafs regional games and 50% of Raptors games controlled by MLSE

Rogers To Buy Bell's 37.5% Ownership Stake In Maple Leaf Sports & Entertainment For C$4.7B

ADTN

ATUS

CABO

CMCSA

CXDO

FYBR

FCC Chair Rosenworcel Wants More Competition To SpaceX's Internet Satellite Constellation Starlink

Tony Staffieri&#39;s responsibilities as Chief Executive Officer remain the same. Reporting to the full Rogers board, Staffieri will continue to run the company.

Management

Rogers Says Edward Rogers Will Continue To Lead The Board As Executive Chair

Rogers Communication (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/rci#NYSE">RCI</a>) and SenseNet have announced a new initiative to enhance wildfire detection in Canada, focusing on 10 communities to improve safety for both residents and first responders. SenseNet will deploy its AI-driven solutions across Alberta and British Columbia, starting with the implementation of these systems in various communities.
Leveraging RCI&#39;s robust 5G network, SenseNet&#39;s technology will utilize sophisticated gas sensors, smoke detection cameras and AI algorithms to offer precise and timely alerts for wildfire incidents.
The first phase of this deployment will target Sparwood and Willowvale in British Columbia, along with Christina Lake, Grand Prairie, Jasper, Marmot Mountain, Peerless Lake, Pelican Mountain, Wabasca-Desmarais and Wood Buffalo in Alberta, with installation expected to be completed by early spring.
In addition to this partnership, Rogers Communication is collaborating with the University of British Columbia and BC Wildfire Service to monitor wildfire conditions using 5G sensors. The company has already installed 5G-powered Pano AI cameras on wireless towers in Kelowna and Prince George.
<div class="chart_embed">
<h3>Rogers Communication, Inc. Price and Consensus</h3>
<img alt="Rogers Communication, Inc. Price and Consensus" src="https://staticx-tuner.zacks.com/images/charts/f9/1723636213.png" style="height:285px; width:620px" title="" />
Rogers Communication, Inc. price-consensus-chart | Rogers Communication, Inc. Quote
</div>
<h3>RCI&#39;s Other Partnerships to Aid Subscriber Growth</h3>
RCI has entered into some notable partnerships with Comcast (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/cmcsa#NASDAQ">CMCSA</a>), Disney (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/dis#NYSE">DIS</a>) and Warner Bros. Discovery (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/wbd#NASDAQ">WBD</a>), which are expected to aid subscriber growth in the upcoming quarters.
The Zacks Consensus Estimate for RCI&#39;s 2024 wireless total postpaid subscribers is pegged at 11.12 million, indicating year-over-year growth of 5.9%. The consensus estimate for wireless total prepaid subscribers is pegged at 1.152 million, indicating year-over-year growth of 3.7%.
Starting in September 2024, Rogers Communication will introduce NBCUniversal&#39;s Bravo channel in Canada, becoming the exclusive English-language rights holder for the network&#39;s unscripted programming, including new seasons of Bravo&#39;s popular franchise series.
RCI will also become the exclusive Canadian home for Warner Bros. Discovery&#39;s English-language lifestyle and factual brands, such as HGTV and The Food Network. This partnership aims to deliver a diverse range of the U.S. lifestyle content to Canadian audiences through Rogers Communication&#39;s platforms and distribution partners, ensuring the wide availability of these popular channels.
Additionally, Rogers Communication has partnered with Disney Entertainment to offer the ad-supported version of Disney+ at no extra cost to Rogers TV customers. This integration enhances RCI&#39;s entertainment packages by including Disney+ content, which features movies and shows from Disney, Pixar, Marvel, Star Wars and National Geographic, along with exclusive originals. This partnership reflects the company&#39;s commitment to delivering greater value and a seamless viewing experience to its customers.
<h3>Conclusion</h3>
Shares of this Zacks Rank #3 (Hold) company have plunged 15.3% year to date compared with the Zacks Computer and Technology sector&#39;s decline of 6.2%. This underperformance can be attributed to intense wireless competition from TELUS, BCE and other small regional carriers.
RCI has a strong partner base but faces headwinds from softness in the advertising market. To remain competitive, the company needs to invest heavily in new TV programs and TV channels. This may result in considerable cash drain from Rogers Communication&#39;s balance sheet.
The Zacks Consensus Estimate for RCI&#39;s third-quarter 2024 earnings per share is pegged at $1.03, which has remained unchanged in the past 60 days. The consensus mark for 2024 earnings is pegged at $3.58 per share, which has decreased 8 cents in the past 60 days.
<a href="https://www.zacks.com/stock/news/2322172/rogers-communication-rci-sensenet-tie-up-for-new-technology?cid=CS-BENZ-FT-analyst_blog|company_news_tech_sector-2322172">To read this article on Zacks.com click here.</a>

Tech

Rogers Communication, SenseNet Tie Up for New Technology

RBC Capital analyst Drew McReynolds reiterates ROGERS COMMUNICATIONS INC (TSX:<a class="ticker" href="https://www.benzinga.com/stock/RCI#TSX">RCI</a>) with a Outperform and maintains C$65 price target.

Reiteration

RBC Capital Reiterates Outperform on ROGERS COMMUNICATIONS INC, Maintains C$65 Price Target

Canaccord Genuity analyst Aravinda Galappatthige downgrades Rogers Communications (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RCI#NYSE">RCI</a>) from Buy to Hold and lowers the price target from C$59 to C$57.

Downgrades

Canaccord Genuity Downgrades Rogers Communications to Hold, Lowers Price Target to C$57

Rogers Communication, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RCI#NYSE">RCI</a>) reported second-quarter revenues of C$5.093 billion, <a target="_blank" href="https://www.benzinga.com/pressreleases/24/07/g39927656/rogers-communications-reports-second-quarter-2024-results" rel="noreferrer noopener">missing the consensus of C$5.105 billion</a>.
Consolidated adjusted EBITDA increased by 6% this quarter, and the adjusted EBITDA <a target="_blank" href="https://www.benzinga.com/earnings" rel="noreferrer noopener">margin increased by 230 basis points</a>.
Rogers&#8217; combined mobile phone and internet net additions totaled 188,000 in the second quarter and 275,000 for the year to date.
The company&#8217;s quarterly postpaid mobile phone net additions were 112,000, prepaid net additions were 50,000, and retail Internet net additions were 26,000.
Rogers said it has added 1.7 million mobile phone and Internet net additions over the past ten quarters.
Also Read: <a target="_blank" href="https://www.benzinga.com/news/earnings/24/07/39928846/us-stocks-could-open-sharply-lower-as-tesla-alphabet-earnings-offer-no-cheer-analyst-says-this-bode" rel="noreferrer noopener">US Stocks Could Open Sharply Lower As Tesla, Alphabet Earnings Offer No Cheer: Analyst Says This Bodes Well For Small-Caps, &#8216;Only Takes A Small Spark To Ignite A Powerful Move&#8217;</a>
As of June&nbsp;30, the firm had C$4.3 billion of available liquidity, consisting of C$0.45 billion in cash and cash equivalents and C$3.85 billion available under bank and other credit facilities.
Wireless service revenue increased by 4% this quarter, primarily as a result of the cumulative impact of growth in its mobile phone subscriber base over the past year.
Wireless equipment revenue decreased by 5%, primarily as a result of fewer device upgrades by existing customers.
Total Cable revenue and Cable service revenue decreased by 2% and 3%, respectively, this quarter as a result of continued competitive promotional activity and declines in Home Phone and Satellite subscriber bases. Media revenue increased by 7% this quarter.
The company reported adjusted earnings per share of <a href="https://www.benzinga.com/earnings">C$1.16, in line with the street view.</a>
Rogers declared a dividend of C$0.50 per share. The declared quarterly dividend will be paid on October 3, 2024, to shareholders of record on September 9, 2024.
Outlook: Rogers <a target="_blank" href="https://www.benzinga.com/calendars/guidance" rel="noreferrer noopener">reaffirmed the 2024 outlook</a>. The company sees total service revenue growth of 8% to 10%, adjusted EBITDA growth of 12% to 15%, capital expenditures of C$3.8 billion to C$4.0 billion, and free cash flow of C$2.9 billion to C$3.1 billion.
Price Action: RCI shares are trading lower by 0.25% to $37.49 at last check Wednesday.
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Rogers Communication Navigates Mixed Q2: Subscriber Additions Clash with Revenue Miss

Rogers Communications Reported Q2 Revenue Of C$5.093B Higher Than $5.046B YoY, Company Reports Adj. EPS Of C$1.16 Vs C$1.02 YoY

JP Morgan analyst Sebastiano Petti maintains ROGERS COMMUNICATIONS INC (TSX:<a class="ticker" href="https://www.benzinga.com/stock/RCI#TSX">RCI</a>) with a Overweight and lowers the price target from C$80 to C$69.

JP Morgan Maintains Overweight on ROGERS COMMUNICATIONS INC, Lowers Price Target to C$69

National Bank raised the firm's price target on Rogers Communications (RCI) to C$77 from C$76 and keeps an Outperform rating on the shares. Publish...

Rogers Communications price target raised to C$77 from C$76 at National Bank

J.P. Morgan analyst Sebastiano Petti maintained a Buy rating on Rogers Communication (RCI – Research Report) on October 24 and set a price target o...

Rogers Communication (RCI) Gets a Buy from J.P. Morgan

Blackstone is bidder for $7B investment in Rogers wireless backhaul network - report

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Canada's Corus Entertainment (TSE:CJR.B) has put itself up for sale as the company's debt load surpasses C$1 billion (U.S.$720 million). Toronto-ba...

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National Bank lowered the firm's price target on Rogers Communications (RCI) to C$67 from C$77 and keeps an Outperform rating on the shares. Publis...

Rogers Communications price target lowered to C$67 from C$77 at National Bank

Scotiabank lowered the firm's price target on Rogers Communications (RCI) to C$69 from C$71.50 and keeps an Outperform rating on the shares. Publis...

Rogers Communications price target lowered to C$69 from C$71.50 at Scotiabank

FCC to undertake extensive review of submarine cables in more than two decades

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Press Releases

Tony Staffieri and Edward Rogers discuss MLSE deal with Ron MacLean

Rogers to Adopt Comcast's Industry-Leading Network Design Across Its Footprint

Rogers Communications 3Q24 Investment Community Teleconference October 24, 2024 at 8:00 a.m. ET

Rogers Confirms Plans to Launch Warner Bros. Discovery Brands in 2025

Thirty-two New 5G Cell Towers are Now Operational Across Eastern Ontario

Dividends

Rogers Communications Declares 50 Cents per Share Quarterly Dividend

Rogers Communications Reports Third Quarter 2024 Results

Rogers Adds More Star Power to Bravo! Watch What Happens Live with Andy Cohen Debuts on Bravo in Canada, Nov. 3

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