RCI-A.TO - Rogers Communications Inc.

Toronto - Toronto Delayed Price. Currency in CAD
69.75
+0.40 (+0.58%)
At close: 11:49AM EDT
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Previous Close69.35
Open69.50
Bid68.18 x 0
Ask69.75 x 0
Day's Range69.50 - 69.75
52 Week Range58.00 - 74.15
Volume320
Avg. Volume1,428
Market Cap35.356B
Beta (3Y Monthly)0.25
PE Ratio (TTM)17.73
EPS (TTM)3.93
Earnings DateN/A
Forward Dividend & Yield2.00 (2.97%)
Ex-Dividend Date2019-03-11
1y Target EstN/A
  • GlobeNewswire3 days ago

    Official opening of Rogers Square an outdoor community space in the heart of downtown Halifax

    Rogers Square offers outdoor hub for community and business events at the Nova Centre Public invited to free grand opening activities on Saturday, May 18 HALIFAX, Nova Scotia,.

  • This Big 3 Telecom Has Done Something Incredible
    The Motley Fool5 days ago

    This Big 3 Telecom Has Done Something Incredible

    If you've bypassed Rogers Communications Inc. (TSX:RCI.B)(NYSE:RCI) in lieu of its more dividend-friendly peers in the past, here's why you may want to reconsider that view.

  • Dividend Stocks: BCE (TSX:BCE) vs. Rogers Communications (TSX:RCI.B) vs. Telus (TSX:T)
    The Motley Fool6 days ago

    Dividend Stocks: BCE (TSX:BCE) vs. Rogers Communications (TSX:RCI.B) vs. Telus (TSX:T)

    BCE Inc.'s (TSX:BCE)(NYSE:BCE) dividend seems more stable than Rogers Communications Inc. (TSX:RCI.B)(NYSE:RCI) and Telus Corporation (TSX:T)(NYSE:TU).

  • Investors Who Bought Rogers Communications (TSE:RCI.B) Shares Five Years Ago Are Now Up 52%
    Simply Wall St.13 days ago

    Investors Who Bought Rogers Communications (TSE:RCI.B) Shares Five Years Ago Are Now Up 52%

    Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! When we invest, we're generally looking for stocks that outperform the market average. And...

  • Rogers Media buys Vancouver podcast production company Pacific Content
    The Canadian Press19 days ago

    Rogers Media buys Vancouver podcast production company Pacific Content

    TORONTO — Rogers Media is adding to its podcasting business through the acquisition of Pacific Content, an independent production and marketing company formed five years ago by a number of former employees of the CBC.Pacific Content, which currently employs 22 people based in Vancouver, works with companies and advertisers to attract audiences using audio storytelling techniques.One of its more recent clients is Facebook, which commissioned Pacific Content to create the "3.5 Degrees" podcast about business leaders and entrepreneurs.Facebook's series was released Jan. 13 through the Apple, Google, Stitcher and Spotify podcast platforms."They wanted to make a show for a business audience," Pacific Content co-founder Steve Pratt said in an interview."One of the episodes has (somebody with) a very small, local hamburger business getting to meet the CEO of McDonald's and finding they have a lot in common, and can learn from each other about how their businesses work."This type of commissioned content aims to build a sponsor's brand by attracting an audience, Pratt said."It has to be a really, really great show that truly is original and not a piece of marketing," he added."We bring a lot of expertise in terms of trying to translate brand strategy into audio shows that are great listens."Rogers didn't disclose how much it's paying for Pacific Content but did say it will complement the Frequency Podcast Network that it launched last year.“Podcasting is a big part of the future of audio. We quickly identified its immense potential and are being aggressive in this space,” Julie Adam, Rogers Radio senior vice-president, said in a statement. Pratt said almost all of Pacific Content's employees will remain, although one co-founder will leave to open a restaurant.Asked about Pacific Content's pay scales, Pratt said wouldn't disclose amounts but said they were "better than average.""Our team is the most important thing we have in the whole company and our culture is a huge part of the reason that the company works. And we want to make sure that everybody is feeling very well compensated for the work they do."However, he said, Rogers will also help Pacific Content with its strong sales organization. "Right now most of our clients are in the States, so being able to work with Rogers to make this happen for Canadian brands is something we're really excited about."Rogers Communications Inc. owns one of Canada's largest media businesses, which includes 56 radio stations, 29 local TV stations, the Sportsnet specialty TV channels and the Toronto Blue Jays major league baseball team. Companies in this story: (TSX:RCI.B)David Paddon, The Canadian Press

  • BCE (TSX:BCE) vs. Rogers Communications (TSX:RCI.B) Which Is the Better Long-Term Investment?
    The Motley Fool19 days ago

    BCE (TSX:BCE) vs. Rogers Communications (TSX:RCI.B) Which Is the Better Long-Term Investment?

    BCE Inc (TSX:BCE) and Rogers Communications Inc (TSX:RCI.B) have different long-term strategies. Which is the better investment for the future?

  • GlobeNewswire19 days ago

    Rogers Communications Inc. Announces Successful Issuance of Canadian and US Debt Securities at Record Setting Rates

    Rogers Communications Inc. (“Rogers”) announced today that it has successfully closed its previously announced offering of US$1.25 billion aggregate principal amount of 4.35% senior notes due 2049 in the United States (“US notes”) (with an effective hedged Canadian dollar rate of 4.17%) and Cdn$1.0 billion aggregate principal amount of 3.25% senior notes due 2029 in Canada (“Cdn notes”) for aggregate net proceeds of Cdn$2.7 billion.

  • GlobeNewswire27 days ago

    Rogers Communications Inc. Announces Pricing of Canadian Offering of $1.0 billion Debt Securities 

    Rogers Communications Inc. ("RCI") announced today that it has priced a Canadian offering of $1.0 billion aggregate principal amount of 3.25% senior notes due 2029 (the “Canadian Notes”). The net proceeds from the issuance of the Canadian Notes will be approximately $991 million. RCI expects to use the net proceeds of this Canadian offering, together with other debt funding, to fund the $1.725 billion cash investment required to acquire 52 of 64 of the twenty year 600 MHz spectrum licenses available to Rogers.

  • GlobeNewswire27 days ago

    Rogers Communications Inc. Announces Pricing of US$1.25 billion Offering of US Dollar Debt Securities

    Rogers Communications Inc. ("RCI") announced today that it has priced an underwritten public offering of US$1.25 billion aggregate principal amount of 4.35% senior notes due 2049. The net proceeds from the issuance of these US dollar debt securities will be approximately US$1.23 billion and are expected to be used, together with other debt funding, for general corporate purposes, including to fund maturing short-term borrowings and to fund the Cdn$1.725 billion cash investment required to acquire 52 of 64 of the twenty year 600 MHz spectrum licenses available to RCI. The sale of the US dollar debt securities is expected to close on April 30, 2019.

  • TFSA Investors: 3 Dividend Stocks Yielding up to 12.6%
    The Motley Fool27 days ago

    TFSA Investors: 3 Dividend Stocks Yielding up to 12.6%

    Rogers Communications Inc (TSX:RCI.B)(NYSE:RCI) and these two other dividend stocks give investors plenty of quality options to put into their portfolios.

  • Investors Beware: Rogers Communications (TSX:RCI.B) Could Be in for a Rough Ride
    The Motley Fool29 days ago

    Investors Beware: Rogers Communications (TSX:RCI.B) Could Be in for a Rough Ride

    Once the frontrunner of telecommunications, Rogers Communications Inc. (TSX:RCI.B)(NYSE:RCI) has been struggling to meet analyst expectations and its shares are likely to continue in a downward direction.

  • Rogers CEO warns a bad regulatory policy could stop investment 'in its tracks'
    The Canadian Presslast month

    Rogers CEO warns a bad regulatory policy could stop investment 'in its tracks'

    TORONTO — Canada's communications companies need to continuously update their networks and that means they need a regulatory environment that creates incentives for investment, Rogers chief executive Joe Natale said Thursday."Our networks are a living, breathing organism. And they need constant growth and investment," Natale told shareholders of Rogers Communications Inc., owner of one of Canada's biggest wireless networks.He added that the industry needs "the right policies" to ensure the right investments are made for the long term — after noting that Rogers has spent $30 billion on wireless networks over 35 years."Regulation will never be a substitution for innovation . . . At its worst, it is a barrier that stops innovation, and investment, in its tracks."The comments seemed like a message to the federal government, particularly Innovation minister Navdeep Bains, who recently announced a new policy direction for telecommunications in February.The proposed policy, which is going through an approval process, signalled a lower priority for investments in telecom networks and a higher priority for lowering prices through a wider range of competition.That was followed by a CRTC announcement in March that it was beginning a review of Canada's mobile wireless market with the "preliminary view'' that there should be more opportunity for mobile virtual network operators (MVNOs).Natale said Thursday in an interview Rogers agrees with "the philosophical direction" of increasing telecom affordability for Canadians if it's "underpinned by investment and investment returns for the people who are making the investment.""Create an environment with a light regulatory touch, create an environment where there are incentives for people to enter the market . . . and I think you can have the best of both worlds."He said MVNOs — which buy capacity on mobile networks from other companies that have built their infrastructure — may have led to lower consumer prices in some countries but reduced investments and network quality.Earlier Thursday, Natale told analysts that Canada's wireless industry experienced an unusually slow first quarter, with subdued promotional activity in January and February, but suggested the pace will pick up as the year progresses."Overall, we have confidence in our long-term growth plans, and remain on track to deliver on our healthy outlook for 2019.""We continue to see robust growth opportunities. It may not be as high as Q4 (2018) . . . but still very healthy growth overall."Several of the company's financial metrics fell short of analyst estimates in the first quarter.On an adjusted basis, Rogers said it earned $405 million or 78 cents per share for the quarter ended March 31, down from an adjusted profit of $477 million or 90 cents per share a year ago.Revenue totalled nearly $3.59 billion, down from $3.63 billion in the same quarter last year. The wireless division accounted for $2.189 billion in revenue during the first quarter.Analysts on average had expected a profit of 94 cents per share and revenue of $3.72 billion, according to Thomson Reuters Eikon.Rogers reported 23,000 net additions to its post-paid wireless services — down from the year-earlier net addition of 95,000 postpaid subscribers. The consensus estimate had been for the net addition of 84,000 postpaid subscribers.Last week, rival Shaw Communications Inc. said its mobile arm — which only has networks in Ontario, Alberta and British Columbia — had a net gain of 64,700 postpaid subscribers.Analyst Aravinda Galappatthige of CanaccordGenuity said in a research note to clients that 2019 growth may be "a lot more moderated" than in 2017 and 2018 and more competition from Shaw's Freedom Mobile, especially in the West.He said CanaccordGenuity has lowered its estimates to the lower end of the Rogers 2019 guidance range and lowered its price target for Rogers stock to $70 per share from $75 per share.Rogers stock closed Thursday at $68.90 on the Toronto Stock Exchange, after falling $2.04 or 2.9 per cent. Companies in this story: (TSX:RCI.B)David Paddon, The Canadian Press

  • The Canadian Presslast month

    Most actively traded companies on the TSX

    Some of the most active companies traded Thursday on the Toronto Stock Exchange:

  • GlobeNewswirelast month

    Rogers Communications Announces Voting Results from Annual Meeting of Shareholders

    TORONTO, April 18, 2019 -- Rogers Communications Inc., a leading diversified Canadian communications and media company, in accordance with Toronto Stock Exchange requirements,.

  • Baystreetlast month

    Stocks in play: Rogers Communications Inc.

    Announced today that the Toronto Stock Exchange has accepted a notice filed by Rogers of its intention ...

  • Rogers Communications quarterly profit misses estimates
    Reuterslast month

    Rogers Communications quarterly profit misses estimates

    Rogers Communications Inc on Thursday reported a quarterly profit that missed estimates on lower revenue from its media business. Total media revenue fell 12 percent to C$468 million. The year-ago quarter ...

  • GlobeNewswirelast month

    Rogers Communications Declares 50 Cents per Share Quarterly Dividend

    July 2, 2019 Payment Date Following June 10, 2019 Record Date Quarterly Dividend of 50 Cents per Share Declared by Board TORONTO, April 18, 2019 -- Rogers Communications Inc..

  • GlobeNewswirelast month

    Rogers Communications Reports First Quarter 2019 Results

    Increased total service revenue and adjusted EBITDA by 3% and 7%, respectively, excluding the impact of certain baseball-related transactionsDelivered strong financial and.

  • GlobeNewswirelast month

    Rogers Communications Inc. Announces TSX Acceptance of Normal Course Issuer Bid

    Rogers Communications Inc. (“Rogers”) announced today that the Toronto Stock Exchange (“TSX”) has accepted a notice filed by Rogers of its intention to commence a normal course issuer bid (“NCIB”) for its Class B Non-Voting shares (“Class B shares”) (TSX: “RCI.B”). Under the NCIB, Rogers may, during the twelve month period commencing April 24, 2019 and ending April 23, 2020, purchase on the TSX, the New York Stock Exchange, other designated exchanges and/or alternative trading systems the lesser of 35,758,662 Class B shares, representing approximately 10% of the public float of the Class B shares, and that number of Class B shares that can be purchased under the NCIB for an aggregate purchase price of $500 million.

  • How Rogers Communications (TSX:RCI.B) Is Outdoing its Peers
    The Motley Foollast month

    How Rogers Communications (TSX:RCI.B) Is Outdoing its Peers

    Investors contemplating an investment in Canada's saturated telecom market need to seriously consider Rogers Communications Inc. (TSX:RCI.B)(NYSE:RCI).