Rogers Communication (NYSE:RCI) Stock Rating Upgraded by Wall Street Zen

Rogers Communication (NYSE:RCI) (TSE:RCI.B) was upgraded by analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a research report issued on Saturday, Wall Street Zen reports.

A number of other research firms have also recently commented on RCI. Barclays cut their price objective on Rogers Communication from $36.00 to $35.00 and set an “equal weight” rating for the company in a research report on Tuesday, October 13th. Raymond James Financial began coverage on Rogers Communication in a research note on Wednesday, July 15th. They set an “outperform” rating for the company. Desjardins upgraded Rogers Communication from a “hold” rating to a “buy” rating in a research report on Monday, September 14th. TD Securities reiterated a “buy” rating on shares of Rogers Communication in a research report on Thursday, July 23rd. Finally, Weiss Ratings cut shares of Rogers Communication from a “hold (c)” rating to a “hold (c-)” rating in a research note on Thursday, October 8th. Six analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $35.00.

Rogers Communication Price Performance

NYSE:RCI opened at $32.41 on Friday. The company has a quick ratio of 0.51, a current ratio of 0.55 and a debt-to-equity ratio of 1.54. Rogers Communication has a 52 week low of $29.25 and a 52 week high of $41.14. The stock’s 50-day moving average price is $34.01 and its 200-day moving average price is $34.83. The stock has a market capitalization of $17.51 billion, a PE ratio of 27.03, a price-to-earnings-growth ratio of 4.08 and a beta of 0.65.

Rogers Communication (NYSE:RCI) (TSE:RCI.B) last announced its quarterly earnings results on Friday, October 23rd. The Wireless communications provider reported $0.92 earnings per share for the quarter, beating the consensus estimate of $0.84 by $0.08. The firm had revenue of $3.82 billion during the quarter, compared to analyst estimates of $3.79 billion. Rogers Communication had a return on equity of 11.35% and a net margin of 4.11%. Rogers Communication’s revenue for the quarter was up 1.8% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.37 EPS. As a group, equities analysts expect that Rogers Communication will post 3.24 EPS for the current fiscal year.

Institutional Investors Weigh In On Rogers Communication

Several institutional investors have recently bought and sold shares of the company. IFP Advisors Inc raised its holdings in shares of Rogers Communication by 224.7% during the third quarter. IFP Advisors Inc now owns 1,445 shares of the Wireless communications provider’s stock valued at $45,000 after acquiring an additional 1,000 shares during the last quarter. Mather Group LLC. acquired a new stake in shares of Rogers Communication in the third quarter worth approximately $75,000. Fortitude Family Office LLC acquired a new stake in shares of Rogers Communication in the third quarter worth approximately $76,000. EverSource Wealth Advisors LLC boosted its stake in shares of Rogers Communication by 15.5% in the first quarter. EverSource Wealth Advisors LLC now owns 3,107 shares of the Wireless communications provider’s stock worth $119,000 after acquiring an additional 418 shares during the last quarter. Finally, Parallel Advisors LLC increased its position in shares of Rogers Communication by 10.2% during the first quarter. Parallel Advisors LLC now owns 3,377 shares of the Wireless communications provider’s stock worth $130,000 after purchasing an additional 312 shares in the last quarter. 45.49% of the stock is currently owned by institutional investors and hedge funds.

Rogers Communication News Roundup

Here are the key news stories impacting Rogers Communication this week:

• Positive Sentiment: Rogers reported quarterly earnings of $0.92 per share, exceeding analyst expectations of approximately $0.84–$0.85. Revenue increased 1.8% year over year, while adjusted profit benefited from higher revenue. Rogers Communication Tops Q3 Earnings and Revenue Estimates
• Positive Sentiment: Management highlighted record free cash flow and the company’s lowest capital intensity in more than two decades. Capital spending fell 46% in the quarter, supporting near-term cash generation and potentially improving balance-sheet flexibility. Rogers Communications Reports Third Quarter 2026 Results
• Positive Sentiment: Rogers added 17,000 net mobile phone subscribers, and the board declared a quarterly dividend of $0.50 per share, payable January 5, 2027. Scotiabank also raised its FY2026 and FY2027 EPS forecasts to $3.34 and $3.51, respectively, while maintaining an “Outperform” rating. Rogers Communications Declares Quarterly Dividend
• Neutral Sentiment: The earnings beat was partly offset by the comparison with the prior year: reported EPS fell from $1.37 to $0.92, largely because the year-ago period included a significant accounting gain. Rogers Communications Profit Drops on Comparison, Revenue Rises
• Negative Sentiment: The sharp reduction in capital spending may raise concerns about the pace of future network investment and growth, while only 17,000 mobile additions suggest limited subscriber momentum. These concerns appear to be outweighing the adjusted earnings beat for some investors.

About Rogers Communication

Rogers Communications Inc is a Canadian communications and media company serving consumers, businesses and public-sector organizations across Canada. Its telecommunications operations provide wireless voice and data services, broadband internet, television, home phone and related connectivity products. The company also offers enterprise networking, cybersecurity, cloud and other information technology services.

Rogers operates a portfolio of media and sports properties, including Sportsnet, Citytv and OMNI Television, along with radio stations, digital platforms and publishing operations.