Rogers Communication (NYSE:RCI) Cut to Hold at Wall Street Zen

Rogers Communication (NYSE:RCI) (TSE:RCI.B) was downgraded by research analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Saturday.

A number of other brokerages also recently issued reports on RCI. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Rogers Communication in a report on Tuesday, January 13th. Morgan Stanley restated an “underweight” rating on shares of Rogers Communication in a research report on Wednesday, December 10th. Desjardins downgraded shares of Rogers Communication from a “buy” rating to a “hold” rating in a research report on Wednesday, December 10th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Rogers Communication in a research note on Friday, December 26th. Finally, TD Cowen reissued a “buy” rating on shares of Rogers Communication in a research report on Friday. Five analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Rogers Communication currently has an average rating of “Hold” and a consensus target price of $36.00.

Rogers Communication Stock Performance

Shares of RCI stock opened at $37.74 on Friday. The company has a market cap of $20.39 billion, a P/E ratio of 4.08, a PEG ratio of 2.91 and a beta of 0.75. The company has a current ratio of 0.62, a quick ratio of 0.59 and a debt-to-equity ratio of 1.55. The firm has a fifty day moving average price of $37.14 and a 200 day moving average price of $36.34. Rogers Communication has a 12 month low of $23.18 and a 12 month high of $40.26.

Rogers Communication (NYSE:RCI) (TSE:RCI.B) last released its quarterly earnings data on Thursday, January 29th. The Wireless communications provider reported $1.08 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.98 by $0.10. Rogers Communication had a return on equity of 15.61% and a net margin of 32.29%.The business had revenue of $4.49 billion during the quarter, compared to analysts’ expectations of $5.94 billion. During the same period in the prior year, the firm posted $1.46 EPS. The business’s quarterly revenue was up 12.6% compared to the same quarter last year. Sell-side analysts predict that Rogers Communication will post 3.57 earnings per share for the current fiscal year.

Institutional Trading of Rogers Communication

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Farther Finance Advisors LLC increased its holdings in shares of Rogers Communication by 107.4% in the fourth quarter. Farther Finance Advisors LLC now owns 786 shares of the Wireless communications provider’s stock valued at $30,000 after purchasing an additional 407 shares during the period. Headlands Technologies LLC lifted its holdings in shares of Rogers Communication by 143.2% during the second quarter. Headlands Technologies LLC now owns 1,661 shares of the Wireless communications provider’s stock worth $49,000 after purchasing an additional 978 shares during the period. FNY Investment Advisers LLC purchased a new position in Rogers Communication in the 3rd quarter valued at $58,000. Advisory Services Network LLC acquired a new position in Rogers Communication in the 3rd quarter valued at $63,000. Finally, Danske Bank A S acquired a new position in Rogers Communication in the 3rd quarter valued at $64,000. 45.49% of the stock is owned by hedge funds and other institutional investors.

Key Rogers Communication News

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

• Positive Sentiment: Q4 results: Rogers beat EPS expectations with $1.08 vs. a $0.98 consensus and reported higher adjusted EBITDA — a clear near-term earnings beat that supports valuation. Rogers Communications Q4 Earnings Beat
• Positive Sentiment: Revenue strength: Q4 revenue rose ~12–13% YoY, led by media, sports and telecom growth — revenue outperformance provides top‑line momentum. Reuters: Revenue Above Estimates
• Positive Sentiment: Dividend boost: Board declared a $0.50 quarterly dividend (annualized yield ~5.2%), which supports income investors and can underpin the share price. Dividend Press Release
• Positive Sentiment: Technical/ratings lift: IBD upgraded Rogers B for improved price strength, which can attract momentum/technical traders. IBD Rating Upgrade
• Neutral Sentiment: Analyst stance mixed: Barclays maintained a Hold on RCI — a cautionary stance that may limit upside from the earnings beat. Barclays Hold Rating
• Neutral Sentiment: Earnings materials available: The company posted its earnings presentation and slide deck and held a call — useful for investors wanting management’s commentary on guidance, cash flow and capital allocation. Slide Deck / Call
• Neutral Sentiment: Peer comparison: Recent write-ups compare Rogers to international peers (e.g., Telefónica Brasil), which may influence relative valuation assessments but don’t change company fundamentals. Peer Comparison
• Negative Sentiment: YoY EPS decline and investor caution: EPS of $1.08 remains below last year’s $1.46, and some metrics raise questions about margin sustainability — this weaker year‑over‑year EPS and cautious broker views likely tempered buying despite the beat. MarketBeat Earnings Summary

About Rogers Communication

Rogers Communications Inc is a Canadian integrated communications and media company headquartered in Toronto, Ontario. The company provides a broad range of telecommunications services to residential and business customers across Canada, including wireless voice and data services, cable television, high-speed internet, and home phone services. In the enterprise market it offers managed IT, data center and cloud solutions, networking and connectivity services targeted to small businesses, large enterprises and public sector clients.

In addition to connectivity services, Rogers operates a significant media portfolio that includes national and regional television and radio assets, sports broadcasting properties and other content businesses.