Rogers Comm Cl A (RCI.A) AI Stock Analysis

• Market Cap: C$23.78B
• Dividend Yield: 4.28%
• Average Volume (3M): 3.58K
• Price to Earnings (P/E): 14.2
• Beta (1Y): 0.64
• Revenue Growth: 1.50%
• EPS Growth: 193.09%
• Country: CA
• Employees: 24,000
• Sector: Communication Services
• Sector Strength: 84
• Industry: Telecommunications Services
• EPS (TTM): 0.99
• Shares Outstanding: 111,152,010
• 10 Day Avg. Volume: 3,860
• 30 Day Avg. Volume: 3,576
• PEG Ratio: 2.52
• Price to Book (P/B): 3.25
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 23.94
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: C$51.33
• Price Target Upside: 9.77% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 6

• Rating: 67 Neutral
• Price Target: C$52.00 ▲(11.21%Upside)

Rogers Communications scores well due to strong financial performance and strategic corporate events, demonstrating robust growth and stability. While technical indicators suggest caution due to overbought signals, the company's valuation and high dividend yield remain attractive.

Rogers Comm Cl A Business Overview & Revenue Model

Company Description

Rogers Communications Inc. operates as a communications and media company in North America. 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 services; and postpaid and prepaid services under the Rogers, Fido, and chatr brands. It also provides internet and WiFi services; and 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 seasonal games through television, smartphones, tablets, personal computers, and other streaming devices, 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; information technology (IT) and network technologies; cable access network services; and telecommunications technical consulting services. Additionally, the company 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 54 AM and FM radio stations. Rogers Communications Inc. was founded in 1960 and is headquartered in Toronto, Canada.

How the Company Makes Money

Rogers Communications generates revenue through several key streams. The wireless segment is a major contributor, where the company earns money from providing mobile voice and data services to consumers and businesses across Canada. This includes revenue from customer subscriptions, device sales, and roaming charges. Another significant revenue stream comes from the cable segment, where Rogers earns from subscription fees for cable television, internet, and home phone services. The media division also contributes to the company's earnings through advertising sales, content licensing, and subscriber fees for its television and radio stations. Additionally, Rogers benefits from strategic partnerships and joint ventures, such as its ownership of sports teams and venues, which enhance its media and entertainment offerings.

Rogers Comm Cl A Financial Statement Overview

Summary

Rogers Communications shows strong revenue and profit growth, with efficient operations and solid cash flow management. The high debt levels remain a concern, but consistent cash flow and profitability provide a stable financial outlook.

Income Statement

Rogers Communications has demonstrated strong revenue growth, with a notable increase from $14.66 billion in 2021 to $20.68 billion in TTM (Trailing-Twelve-Months). Gross profit margin remains robust at approximately 46.7% for TTM, indicating efficient cost management. Net profit margin has slightly improved to 8.5% in TTM, reflecting solid profitability. EBIT and EBITDA margins at 24.3% and 44.6% respectively are strong indicators of operational efficiency.

Balance Sheet

The company's balance sheet shows a high debt-to-equity ratio of 4.64 in TTM, signaling significant leverage, which could pose a risk in volatile markets. However, the return on equity (ROE) of 16.5% in TTM indicates a good return on shareholders' investments. The equity ratio is 14.5%, suggesting moderate reliance on equity financing.

Cash Flow

Rogers Communications exhibits healthy cash flow management, with a strong operating cash flow to net income ratio of 3.3 in TTM, indicating good cash generation relative to net income. The free cash flow growth rate is positive, increasing from $1.11 billion in 2023 to $1.69 billion in TTM, pointing to improved liquidity and financial flexibility.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	20.68B	20.60B	19.31B	15.40B	14.65B	13.92B
Gross Profit	9.66B	9.62B	8.58B	6.39B	5.89B	5.86B
EBITDA	9.25B	9.26B	7.61B	6.19B	5.66B	5.76B
Net Income	1.76B	1.73B	849.00M	1.68B	1.56B	1.59B
Balance Sheet
Total Assets	73.12B	71.41B	69.28B	55.66B	41.96B	38.85B
Cash, Cash Equivalents and Short-Term Investments	2.68B	898.00M	800.00M	463.00M	715.00M	2.48B
Total Debt	49.35B	47.63B	45.20B	36.75B	22.84B	21.26B
Total Liabilities	62.49B	61.01B	58.84B	45.56B	31.43B	29.28B
Stockholders Equity	10.63B	10.40B	10.44B	10.09B	10.53B	9.57B
Cash Flow
Free Cash Flow	1.69B	1.51B	1.10B	1.37B	1.32B	1.95B
Operating Cash Flow	5.80B	5.68B	5.22B	4.49B	4.16B	4.32B
Investing Cash Flow	-4.38B	-4.46B	-20.20B	-3.26B	-6.13B	-2.56B
Financing Cash Flow	498.00M	-1.13B	2.48B	11.36B	203.00M	227.00M

Rogers Comm Cl A Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 46.76
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:RCI.A, the sentiment is Positive. The current price of 46.76 is above the 20-day moving average (MA) of 43.26, above the 50-day MA of 40.97, and above the 200-day MA of 45.76, indicating a bullish trend. The MACD of 1.68 indicates Negative momentum. The RSI at 79.58 is Negative, neither overbought nor oversold. The STOCH value of 85.08 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:RCI.A.

Rogers Comm Cl A Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
RCI.A	67 Neutral	C$23.78B	14.23	16.56%	4.28%	1.50%	193.09%
Sector *	61 Neutral	$40.69B	-0.79	-11.97%	3.78%	2.11%	-69.16%
BCE		$21.47B	84.81	2.83%	5.56%	―	―
RCI		$17.62B	13.54	16.65%	4.49%	―	―
TU		$25.00B	28.84	7.51%	7.33%	―	―
QBR.A	76 Outperform	C$9.51B	12.91	37.46%	3.29%	-1.11%	8.17%
QBCRF		$6.96B	12.67	37.69%	3.40%	―	―

Rogers Comm Cl A Corporate Events

Rogers Becomes Majority Owner of Maple Leaf Sports & Entertainment

Rogers Communications has acquired BCE’s 37.5% stake in Maple Leaf Sports & Entertainment (MLSE) for C$4.7 billion, becoming the majority owner with a 75% interest. This acquisition enhances Rogers’ leadership in Canadian sports, aligning with its strategy to invest in sports and entertainment, and aims to bring more championships to Canada. The transaction, funded through revolving bank credit facilities and cash on hand, is expected to unlock more value for Rogers shareholders and further solidify its position in the industry.

The most recent analyst rating on ($TSE:RCI.A) stock is a Buy with a C$54.00 price target. To see the full list of analyst forecasts on Rogers Comm Cl A stock, see the TSE:RCI.A Stock Forecast page.

Rogers Secures CDN$7 Billion Investment to Strengthen Financial Position

Rogers Communications Inc. has successfully closed a CDN$7 billion equity investment transaction with Blackstone and leading Canadian institutional investors. This investment allows Rogers to repay debt while maintaining full operational control of its wireless network, demonstrating investor confidence and unlocking the value of its assets.

The most recent analyst rating on ($TSE:RCI.A) stock is a Buy with a C$54.00 price target. To see the full list of analyst forecasts on Rogers Comm Cl A stock, see the TSE:RCI.A Stock Forecast page.

Rogers Expands Ownership in MLSE with NBA TV Canada Approval

Rogers Communications has received approval from the Canadian Radio-television and Telecommunications Commission to acquire Bell’s interest in Toronto Raptors Network Ltd (NBA TV Canada), further expanding its ownership in Maple Leaf Sports & Entertainment (MLSE). This strategic acquisition, valued at C$4.7 billion, positions Rogers as a majority owner of MLSE, reinforcing its commitment to live sports and entertainment as a core business strategy.

The most recent analyst rating on ($TSE:RCI.A) stock is a Buy with a C$54.00 price target. To see the full list of analyst forecasts on Rogers Comm Cl A stock, see the TSE:RCI.A Stock Forecast page.

Rogers Gains League Approval for MLSE Acquisition

Rogers Communications has received all necessary league approvals to acquire Bell’s 37.5% stake in Maple Leaf Sports & Entertainment (MLSE), making it the 75% owner of the prestigious sports and entertainment organization. This acquisition aligns with Rogers’ core business strategy, emphasizing the importance of live sports and entertainment in its operations. The deal, valued at C$4.7 billion, is pending approval from the CRTC for an additional indirect interest in Toronto Raptors Network Ltd, but has already been cleared by the Competition Bureau.

The most recent analyst rating on ($TSE:RCI.A) stock is a Buy with a C$70.00 price target. To see the full list of analyst forecasts on Rogers Comm Cl A stock, see the TSE:RCI.A Stock Forecast page.

Rogers Communications Shareholders Approve All AGM Proposals

Rogers Communications Inc. announced the results of its Annual General Meeting of Shareholders, where all proposed items, including the election of director nominees and the appointment of KPMG LLP as auditors, were approved with overwhelming support. The high percentage of votes in favor reflects strong shareholder confidence in the company’s leadership and strategic direction.

Rogers Communications Declares Quarterly Dividend and Adjusts Reinvestment Plan

Rogers Communications announced a quarterly dividend of 50 cents per share for its Class A and Class B shares, to be paid on July 3, 2025, to shareholders of record as of June 9, 2025. The company also stated that shares purchased under its Dividend Reinvestment Plan will be acquired on the open market without a discount, reflecting a strategic decision to maintain share value and potentially attract more investors.

Rogers Communications Reports Strong Q1 2025 Results Amid Market Challenges

Rogers Communications reported strong financial results for the first quarter of 2025, with growth in service revenue and adjusted EBITDA, despite a slowing market. The company achieved significant balance sheet deleveraging with a $7 billion minority equity investment, reducing its debt leverage ratio. Key achievements include a 12-year agreement with the NHL for national media rights and the launch of Canada’s first commercial deployment of Ericsson 5G Cloud RAN technology. Rogers continues to invest in network expansion and strategic initiatives to drive long-term growth and shareholder value.

Rogers Communications Completes Consent Solicitations for Subsidiary Investment

Rogers Communications Inc. has successfully completed consent solicitations to amend indentures for its senior notes, facilitating a subsidiary equity investment. This move clarifies that the investment is not restricted by existing covenants and aligns non-financial terms of Shaw Notes with other Canadian dollar notes, potentially strengthening Rogers’ financial flexibility and market position.