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Shares of Rogers Communications (NYSE:RCI) have earned a consensus recommendation of “Hold” from the sixteen ratings firms that are currently covering the company, American Banking and Market News reports. Ten analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is $48.33.

A number of analysts have recently weighed in on RCI shares. Analysts at National Bank Financial downgraded shares of Rogers Communications to a “sector perform” rating in a research note on Thursday. Separately, analysts at Barclays cut their price target on shares of Rogers Communications from $46.00 to $44.00 in a research note on Thursday. They now have an “equal weight” rating on the stock. Finally, analysts at Zacks reiterated a “neutral” rating on shares of Rogers Communications in a research note on Thursday, January 16th. They now have a $46.00 price target on the stock.

Rogers Communications (NYSE:RCI) traded down 0.26% during mid-day trading on Friday, hitting $39.10. The stock had a trading volume of 114,869 shares. Rogers Communications has a 1-year low of $38.32 and a 1-year high of $51.98. The stock’s 50-day moving average is $42.70 and its 200-day moving average is $42.92. The company has a market cap of $20.167 billion and a P/E ratio of 10.62.

Rogers Communications (NYSE:RCI) last announced its earnings results on Tuesday, February 11th. The company reported $0.60 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.68 by $0.08. The company had revenue of $3.24 billion for the quarter. During the same quarter in the previous year, the company posted $0.88 earnings per share. The company’s revenue for the quarter was down .6% on a year-over-year basis. On average, analysts predict that Rogers Communications will post $3.46 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which is scheduled for Friday, April 4th. Stockholders of record on Friday, March 14th will be paid a dividend of $0.4133 per share. This represents a $1.65 annualized dividend and a dividend yield of 4.22%. The ex-dividend date is Wednesday, March 12th.

Rogers Communications Inc (NYSE:RCI) is a diversified public Canadian communications and media company.

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