RCI icon

Rogers Communications

30.55 USD
-0.20
0.65%
At close Dec 23, 4:00 PM EST
After hours
31.50
+0.95
3.11%
1 day
-0.65%
5 days
-3.45%
1 month
-14.86%
3 months
-24.17%
6 months
-19.65%
Year to date
-34.33%
1 year
-34.48%
5 years
-38.17%
10 years
-21.45%
 

About: 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.

Employees: 26,000

0
Funds holding %
of 6,809 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

31% more repeat investments, than reductions

Existing positions increased: 114 | Existing positions reduced: 87

21% more first-time investments, than exits

New positions opened: 34 | Existing positions closed: 28

2% more funds holding

Funds holding: 268 [Q2] → 274 (+6) [Q3]

5% more capital invested

Capital invested by funds: $9.15B [Q2] → $9.6B (+$449M) [Q3]

0% less call options, than puts

Call options by funds: $268M | Put options by funds: $268M

1.86% less ownership

Funds ownership: 58.19% [Q2] → 56.33% (-1.86%) [Q3]

14% less funds holding in top 10

Funds holding in top 10: 7 [Q2] → 6 (-1) [Q3]

Research analyst outlook

We haven’t received any recent analyst ratings for RCI.

Financial journalist opinion

Based on 11 articles about RCI published over the past 30 days

Negative
Reuters
5 hours ago
Canada regulator sues Rogers for alleged misleading claims about data offering
Canada's antitrust regulator said on Monday it was suing Rogers Communications Inc for allegedly misleading consumers about offering unlimited data under some phone plans.
Canada regulator sues Rogers for alleged misleading claims about data offering
Positive
Zacks Investment Research
10 hours ago
3 Stocks to Watch From a Prospering Cable Television Industry
Zacks Cable Television industry participants like CMCSA, CHTR and RCI are benefiting from growing demand for high-speed Internet and increased media consumption amid cord-cutting.
3 Stocks to Watch From a Prospering Cable Television Industry
Neutral
GlobeNewsWire
1 week ago
Rogers Provides Update on Its Acquisition of Bell's 37.5% Stake in MLSE
TORONTO, Dec. 13, 2024 (GLOBE NEWSWIRE) -- Rogers Communications (TSX: RCI.A and RCI.B) (NYSE: RCI) today announced it has received clearance from the Competition Bureau to proceed with the acquisition of Bell's 37.5% stake in Maple Leaf Sports & Entertainment.
Rogers Provides Update on Its Acquisition of Bell's 37.5% Stake in MLSE
Neutral
GlobeNewsWire
1 week ago
Rogers Charity Classic Sets New Fundraising Record
CALGARY, Alberta, Dec. 12, 2024 (GLOBE NEWSWIRE) -- Rogers Charity Classic announced today that the 12th annual tournament raised a record-breaking $25.4 million to support children's charities across Alberta. The staggering amount surpasses last year's fundraising total by more than $6 million and brings the total raised since the tournament's inception to $137.7 million.
Rogers Charity Classic Sets New Fundraising Record
Positive
Seeking Alpha
1 week ago
Santa's Stunning Stocking Surprises: 5 High Yield Blue-Chip Bargains For 2025
Investing in blue-chip stocks at 52-week lows can potentially yield significant returns if fundamentals are strong. Avoid value traps by focusing on companies with solid fundamentals, like Elevance Health, Becton, Dickinson, LyondellBasell, Rogers Communications and Rexford Industrial Realty. These companies offer a 3.7% yield and a 27% discount to fair value, and they have historically outperformed the market with 27% less volatility.
Santa's Stunning Stocking Surprises: 5 High Yield Blue-Chip Bargains For 2025
Positive
Seeking Alpha
1 week ago
Value North Of The Border With Canada's Dogs Of The TSX
The BTSX strategy involves buying the top ten yielding stocks from the TSX 60 annually, offering a value play with reasonable P/E ratios. Historically, BTSX has outperformed the TSX, but it underperformed in 2023 and is likely to do so again in 2024. The Canadian market's oligopoly structure, especially in financials, telco, utilities, and pipelines, provides a unique investment landscape with wide moats.
Value North Of The Border With Canada's Dogs Of The TSX
Neutral
GlobeNewsWire
1 week ago
Rogers Xfinity introduces Storm-Ready WiFi
Launches Canada's first home internet back-up solution Delivers stronger every-day WiFi coverage in hard-to-reach corners of the home TORONTO, Dec. 10, 2024 (GLOBE NEWSWIRE) -- Rogers today announced the launch of Rogers Xfinity Storm-Ready WiFi, an innovative new product designed to keep customers connected when there is an outage. Rogers Xfinity Storm-Ready WiFi brings Rogers advanced network technology together with a device that automatically switches to a cellular backup connection when there's a network or power outage.
Rogers Xfinity introduces Storm-Ready WiFi
Neutral
GlobeNewsWire
2 weeks ago
Taylor Swift Fans in Vancouver Break Record for Most Data Ever Used at Single Event on Rogers 5G Network
Fans at single show use enough data on Rogers 5G network to stream Taylor's entire music catalog 9,450 times Fans at single show use enough data on Rogers 5G network to stream Taylor's entire music catalog 9,450 times
Taylor Swift Fans in Vancouver Break Record for Most Data Ever Used at Single Event on Rogers 5G Network
Positive
Zacks Investment Research
2 weeks ago
Why Rogers Communication (RCI) is a Top Value Stock for the Long-Term
Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
Why Rogers Communication (RCI) is a Top Value Stock for the Long-Term
Positive
Zacks Investment Research
2 weeks ago
Here's Why Rogers Communication (RCI) is a Strong Growth Stock
Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
Here's Why Rogers Communication (RCI) is a Strong Growth Stock
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