tiprankstipranks
Trending News
More News >
Rogers Comm Cl A (TSE:RCI.A)
TSX:RCI.A
Canadian Market
Advertisement

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

Compare
89 Followers

Top Page

TSE:RCI.A

Rogers Comm Cl A

(TSX:RCI.A)

Select Model
Select Model
Select Model
Outperform 78 (OpenAI - 4o)
Rating:78Outperform
Price Target:
C$62.00
▲(10.91% Upside)
Rogers Communications' strong technical indicators and attractive valuation are the most significant factors driving its stock score. The company's robust revenue growth and cash flow generation further support its financial health. However, challenges in maintaining profitability and shareholder returns are areas to watch.

Rogers Comm Cl A (RCI.A) vs. iShares MSCI Canada ETF (EWC)

Rogers Comm Cl A Business Overview & Revenue Model

Company DescriptionRogers Communications Inc. (RCI.A) is a leading Canadian telecommunications and media company headquartered in Toronto, Ontario. The company operates through three main segments: Wireless, Cable, and Media. Rogers provides a comprehensive range of communication services, including wireless voice and data, high-speed internet, digital television, and home phone services. Additionally, it owns and operates a diverse portfolio of media assets, including television and radio broadcasting, sports entertainment, and digital media properties.
How the Company Makes MoneyRogers Communications Inc. generates revenue through multiple streams primarily from its Wireless, Cable, and Media segments. The Wireless segment is a significant contributor to the company's earnings, providing services such as mobile voice, data services, and device sales. The Cable segment generates income through subscriptions for high-speed internet, digital television, and home phone services. The Media segment earns revenue from advertising sales, subscription fees, and content distribution through its various media properties, which include television and radio stations, sports teams, and digital media platforms. Partnerships with content providers, technology companies, and other telecommunications firms further bolster Rogers' revenue through collaborative offerings and bundled services.

Rogers Comm Cl A Earnings Call Summary

Earnings Call Date:Oct 23, 2025
(Q3-2024)
|
% Change Since: |
Next Earnings Date:Jan 22, 2026
Earnings Call Sentiment Positive
The earnings call demonstrated strong operational performance with record subscriber growth and innovative financial strategies to reduce debt. However, the decline in roaming revenue presents a challenge. Overall, Rogers is maintaining its competitive edge in the market.
Q3-2024 Updates
Positive Updates
Strong Subscriber Growth
Rogers added a record 227,000 mobile phone and Internet net additions in Q3. Over the past 11 quarters, they have added 1.9 million mobile phone and Internet net additions.
Innovative $7 Billion Structured Equity Financing
Rogers announced a $7 billion structured equity financing with a leading global financial investor to pay down debt. This will reduce their debt leverage ratio to 3.7x by year-end, ahead of the 4.2x target.
Industry-leading Margins
Rogers achieved their best-ever cable and wireless margins with wireless service revenue up 2% and adjusted EBITDA up 5%. Cable adjusted EBITDA increased by 5% with margins of 58%.
Record Wireless and Cable Margins
Wireless adjusted EBITDA margin reached an all-time high of 66%, and Cable margins hit 58%, also an all-time high.
Strong Performance in Sports & Media
Sports & Media revenue grew 11%, and adjusted EBITDA rose 25% in Q3.
Negative Updates
Roaming Revenue Decline
There was a decline in total roaming revenue, which significantly impacted ARPU negatively in the third quarter.
Company Guidance
During the Q3 2024 earnings call for Rogers Communications, the company provided significant guidance on its financial and operational outlook. They announced a pioneering $7 billion structured equity financing deal with a leading global financial investor, aimed at reducing their debt leverage ratio to 3.7x by year-end, ahead of the previously targeted 4.2x. The transaction is expected to close in Q4 2024 and marks a substantial step in their Shaw deleveraging plans. Rogers highlighted their strong market performance with record mobile phone and Internet net additions of 227,000 for the quarter, contributing to a total of 1.9 million over the past 11 quarters. Wireless service revenue grew by 2%, with adjusted EBITDA up by 5%, achieving industry-leading wireless margins of 66%. Cable revenue showed sequential improvement, with a 1% decline, and cable adjusted EBITDA increased by 5%, reaching a margin of 58%. Their Sports & Media business also delivered robust results with 11% revenue growth and a 25% rise in adjusted EBITDA. Additionally, Rogers reaffirmed its 2024 guidance range targets, emphasizing continued growth and efficiency gains.

Rogers Comm Cl A Financial Statement Overview

Summary
Rogers Communications demonstrates strong revenue growth and cash flow generation, which are positive indicators of financial health. However, challenges such as declining net income and negative return on equity in the TTM highlight areas for improvement. The company's ability to manage leverage effectively is a positive aspect, but maintaining profitability and shareholder returns will be crucial for future stability.
Income Statement
75
Positive
Rogers Communications has shown a strong revenue growth rate of 59.5% in the TTM, indicating robust expansion. The gross profit margin and net profit margin are not directly available for the TTM, but historical data suggests stable profitability. The EBIT and EBITDA margins have been consistent, reflecting operational efficiency. However, the net income has decreased compared to the previous year, which could be a concern for sustained profitability.
Balance Sheet
65
Positive
The company's debt-to-equity ratio has improved significantly in the TTM, suggesting better leverage management. However, the return on equity has turned negative, indicating potential challenges in generating returns for shareholders. The equity ratio remains stable, reflecting a balanced asset structure.
Cash Flow
70
Positive
Rogers Communications has achieved a notable free cash flow growth rate of 16.4% in the TTM, indicating strong cash generation capabilities. The operating cash flow to net income ratio is negative, which could signal issues in converting income into cash. However, the free cash flow to net income ratio is high, suggesting efficient cash utilization.
BreakdownTTMDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue20.80B20.60B19.31B15.40B14.65B13.92B
Gross Profit9.69B9.62B8.58B6.39B5.89B5.77B
EBITDA9.29B9.21B8.22B6.12B5.63B5.54B
Net Income1.52B1.73B849.00M1.68B1.56B1.59B
Balance Sheet
Total Assets77.19B71.41B69.28B55.66B41.96B38.85B
Cash, Cash Equivalents and Short-Term Investments6.96B898.00M800.00M13.30B715.00M2.48B
Total Debt45.41B47.63B45.20B36.75B22.84B21.26B
Total Liabilities59.32B61.01B58.84B45.56B31.43B29.28B
Stockholders Equity11.22B10.40B10.44B10.09B10.53B9.57B
Cash Flow
Free Cash Flow2.03B1.59B1.29B1.42B1.37B2.01B
Operating Cash Flow5.82B5.63B5.22B4.49B4.16B4.32B
Investing Cash Flow-3.86B-4.46B-20.20B-3.26B-6.13B-2.56B
Financing Cash Flow4.55B-1.08B2.48B11.36B203.00M227.00M

Rogers Comm Cl A Technical Analysis

Technical Analysis Sentiment
Positive
Last Price55.90
Price Trends
50DMA
51.27
Positive
100DMA
48.37
Positive
200DMA
44.86
Positive
Market Momentum
MACD
1.14
Negative
RSI
67.71
Neutral
STOCH
95.14
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 55.9 is above the 20-day moving average (MA) of 51.96, above the 50-day MA of 51.27, and above the 200-day MA of 44.86, indicating a bullish trend. The MACD of 1.14 indicates Negative momentum. The RSI at 67.71 is Neutral, neither overbought nor oversold. The STOCH value of 95.14 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

Overall Rating
UnderperformOutperform
Sector (60)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
C$27.83B18.8947.85%3.63%2.75%342.54%
$29.74B4.4047.62%3.60%2.75%342.54%
$10.15B13.3033.80%3.11%-1.02%4.71%
C$9.90B13.1034.50%3.03%-1.02%4.71%
$32.36B32.826.08%7.83%2.56%21.28%
$31.08B73.092.91%8.73%-0.66%-78.79%
$48.67B4.58-11.27%4.14%2.83%-41.78%
* Communication Services Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
TSE:RCI.A
Rogers Comm Cl A
55.90
2.45
4.58%
TSE:BCE
BCE
32.87
-8.69
-20.91%
TSE:RCI.B
Rogers Communication
55.59
7.36
15.26%
TSE:T
Telus
20.85
0.10
0.49%
TSE:QBR.A
Quebecor Inc Cl A MV
44.09
10.18
30.02%
TSE:QBR.B
Quebecor
44.25
10.48
31.01%

Rogers Comm Cl A Corporate Events

Business Operations and StrategyFinancial Disclosures
Rogers Communications Reports Strong Q3 2025 Results with Growth Across Wireless, Cable, and Media
Positive
Oct 23, 2025

Rogers Communications reported strong third-quarter results for 2025, with significant growth in wireless and cable services, driven by industry-leading subscriber additions and low churn rates. The company also saw substantial revenue growth in its media operations, bolstered by the performance of the Toronto Blue Jays and the consolidation of MLSE results. Rogers continues to innovate with new services like satellite-to-mobile text messaging and expanded 5G coverage, while maintaining a strong financial position with reduced debt leverage. The company reaffirmed its outlook for 2025, projecting steady growth in service revenue and adjusted EBITDA.

The most recent analyst rating on ($TSE:RCI.A) stock is a Buy with a C$59.00 price target. To see the full list of analyst forecasts on Rogers Comm Cl A stock, see the TSE:RCI.A Stock Forecast page.

Dividends
Rogers Communications Announces Quarterly Dividend
Positive
Oct 23, 2025

Rogers Communications has announced a quarterly dividend of 50 cents per share for its Class A and Class B shares, payable on January 2, 2026, to shareholders recorded by December 8, 2025. This decision reflects the company’s commitment to returning value to its shareholders and may impact its financial positioning and investor relations positively.

The most recent analyst rating on ($TSE:RCI.A) stock is a Buy with a C$59.00 price target. To see the full list of analyst forecasts on Rogers Comm Cl A stock, see the TSE:RCI.A Stock Forecast page.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Oct 25, 2025