Rogers Communications Stock Today

RCI Stock  USD 38.54  0.24  0.63%   

Performance

0 of 100

 
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Odds Of Distress

Less than 37

 
High
 
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Below Average
Rogers Communications is trading at 38.54 as of the 20th of April 2024. This is a 0.63% increase since the beginning of the trading day. The stock's open price was 38.3. Rogers Communications has about a 37 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for Rogers Communications are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 21st of March 2024 and ending today, the 20th of April 2024. Click here to learn more.
Business Domain
Telecommunication Services
IPO Date
11th of January 1996
Category
Communication Services
Rogers Communications Inc. operates as a communications and media company in Canada. The company was founded in 1960 and is headquartered in Toronto, Canada. Rogers Communication operates under Telecom Services classification in the United States and is traded on New York Stock Exchange. The company has 420.11 M outstanding shares of which 5.35 M shares are at this time shorted by investors with about 8.84 days to cover. More on Rogers Communications

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Rogers Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Rogers Communications' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Rogers Communications or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, Rogers Communications' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Rogers Communications' managers, analysts, and investors.
Environment Score
Governance Score
Social Score
CEO PresidentFCPA FCA
Thematic IdeaCommunication (View all Themes)
Old Names[ROCKLANDS FP, The Royal Ceramic Industry Public Company Limited]
Business ConcentrationWireless Telecommunication Services, Telecommunication Services, Communication Services, NYSE Composite, Communication, Communication Services, Wireless Telecommunication Services, Telecom Services, Communication Services (View all Sectors)
Average Analyst Recommendation
Analysts covering Rogers Communications report their recommendations after researching Rogers Communications' financial statements, talking to executives and customers, or listening in on Rogers Communications' conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Rogers Communications. The Rogers consensus assessment is calculated by taking the average forecast from all of the analysts covering Rogers Communications.
Financial Strength
Based on the key indicators related to Rogers Communications' liquidity, profitability, solvency, and operating efficiency, Rogers Communications is performing exceptionally good at this time. It has a great probability to report excellent financial results in May. Financial strength of Rogers Communications is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.540.2787
Way Up
Slightly volatile
Gross Profit Margin0.380.231
Way Up
Very volatile
Net Debt46.6 B44.4 B
Sufficiently Up
Slightly volatile
Total Current Liabilities9.2 B8.8 B
Sufficiently Up
Slightly volatile
Non Current Liabilities Total52.6 B50.1 B
Sufficiently Up
Slightly volatile
Total Assets72.7 B69.3 B
Sufficiently Up
Slightly volatile
Total Current Assets7.9 B7.5 B
Sufficiently Up
Slightly volatile
Total Cash From Operating Activities2.8 B5.2 B
Way Down
Slightly volatile
Rogers Communications' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Rogers Communications' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Rogers Communications' financial leverage. It provides some insight into what part of Rogers Communications' total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Rogers Communications' books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Rogers Communications deploys its capital and how much of that capital is borrowed.
Liquidity
Rogers Communications cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has 45.2 B in debt with debt to equity (D/E) ratio of 3.35, meaning that the company heavily relies on borrowing funds for operations. Rogers Communications has a current ratio of 2.43, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Debt can assist Rogers Communications until it has trouble settling it off, either with new capital or with free cash flow. So, Rogers Communications' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Rogers Communications sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Rogers to invest in growth at high rates of return. When we think about Rogers Communications' use of debt, we should always consider it together with cash and equity.

Free Cash Flow

714.71 Million
Rogers Communications (RCI) is traded on New York Stock Exchange in USA. It is located in 333 Bloor Street East, Toronto, ON, Canada, M4W 1G9 and employs 26,000 people. Rogers Communications is listed under Wireless Telecommunication Services category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a total capitalization of 20.61 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Rogers Communications's market, we take the total number of its shares issued and multiply it by Rogers Communications's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Rogers Communications runs under Wireless Telecommunication Services sector within Communication Services industry. The entity has 420.11 M outstanding shares of which 5.35 M shares are at this time shorted by investors with about 8.84 days to cover. Rogers Communications has about 463 M in cash with 5.22 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.32.
Check Rogers Communications Probability Of Bankruptcy
Ownership Allocation
Rogers Communications owns a total of 420.11 Million outstanding shares. Over half of Rogers Communications' outstanding shares are owned by third-party entities. These third-party entities are typically referred to as corporate investors that secure positions in a given instrument to benefit from reduced trade commissions. Consequently, these institutions are subject to different rules and regulations than regular investors in Rogers Communications. Please watch out for any change in the institutional holdings of Rogers Communications as this could mean something significant has changed or is about to change at the company. Please note that no matter how many assets the company maintains, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Rogers Ownership Details

Rogers Stock Price Odds Analysis

Coming from a normal probability distribution, the odds of Rogers Communications jumping above the current price in 90 days from now is over 95.15%. The Rogers Communications probability density function shows the probability of Rogers Communications stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 1.1938 indicating as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Rogers Communications will likely underperform. Additionally, rogers Communications has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
  Odds Below 38.54HorizonTargetOdds Above 38.54
4.80%90 days
 38.54 
95.15%
Based on a normal probability distribution, the odds of Rogers Communications to move above the current price in 90 days from now is over 95.15 (This Rogers Communications probability density function shows the probability of Rogers Stock to fall within a particular range of prices over 90 days) .

Rogers Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Rogers Communications that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Rogers Communications' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Rogers Communications' value.
InstituionRecorded OnShares
Cibc World Markets Inc.2023-12-31
5.9 M
Bank Of Nova Scotia2023-12-31
4.8 M
Letko, Brosseau & Associates Inc.2023-12-31
3.9 M
Connor Clark & Lunn Inv Mgmt Ltd2023-12-31
3.3 M
Agf Management Ltd2023-12-31
3.3 M
Point72 Asset Management, L.p.2023-09-30
3.2 M
Morgan Stanley - Brokerage Accounts2023-12-31
3.1 M
Scotia Capital Inc2023-12-31
2.6 M
First Trust Advisors L.p.2023-12-31
2.6 M
Fidelity International Ltd2023-12-31
36.5 M
Royal Bank Of Canada2023-12-31
24.5 M
View Rogers Communications Diagnostics

Rogers Communications Historical Income Statement

Rogers Communications Income Statement is one of the three primary financial statements used for reporting Rogers's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Rogers Communications revenue and expense. Rogers Communications Income Statement primarily focuses on the company's revenues and expenses during a particular period.
As of now, Rogers Communications' Operating Income is increasing as compared to previous years. The Rogers Communications' current EBITDA is estimated to increase to about 9.1 B, while Total Revenue is projected to decrease to under 10.5 B. View More Fundamentals

Rogers Stock Against Markets

Picking the right benchmark for Rogers Communications stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Rogers Communications stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Rogers Communications is critical whether you are bullish or bearish towards Rogers Communications at a given time. Please also check how Rogers Communications' historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Rogers Communications without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Rogers Communications Corporate Directors

Rogers Communications corporate directors refer to members of a Rogers Communications board of directors. The board of directors generally takes responsibility for the Rogers Communications' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Rogers Communications' board members must vote for the resolution. The Rogers Communications board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
John KerrIndependent DirectorProfile
John MacDonaldLead Independent DirectorProfile
Bonnie BrooksIndependent DirectorProfile
Robert GemmellLead Independent DirectorProfile

How to buy Rogers Stock?

Before investing in Rogers Communications, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Rogers Communications. To buy Rogers Communications stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Rogers Communications. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Rogers Communications stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Rogers Communications stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Rogers Communications stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Rogers Communications, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Rogers Stock please use our How to Invest in Rogers Communications guide.

Already Invested in Rogers Communications?

The danger of trading Rogers Communications is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Rogers Communications is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Rogers Communications. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Rogers Communications is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Rogers Communications offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Rogers Communications' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Rogers Communications Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Rogers Communications Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rogers Communications. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
For more detail on how to invest in Rogers Stock please use our How to Invest in Rogers Communications guide.
Note that the Rogers Communications information on this page should be used as a complementary analysis to other Rogers Communications' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.

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When running Rogers Communications' price analysis, check to measure Rogers Communications' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Rogers Communications is operating at the current time. Most of Rogers Communications' value examination focuses on studying past and present price action to predict the probability of Rogers Communications' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rogers Communications' price. Additionally, you may evaluate how the addition of Rogers Communications to your portfolios can decrease your overall portfolio volatility.
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Is Rogers Communications' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Rogers Communications. If investors know Rogers will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Rogers Communications listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.39)
Dividend Share
2
Earnings Share
1.17
Revenue Per Share
36.918
Quarterly Revenue Growth
0.281
The market value of Rogers Communications is measured differently than its book value, which is the value of Rogers that is recorded on the company's balance sheet. Investors also form their own opinion of Rogers Communications' value that differs from its market value or its book value, called intrinsic value, which is Rogers Communications' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Rogers Communications' market value can be influenced by many factors that don't directly affect Rogers Communications' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Rogers Communications' value and its price as these two are different measures arrived at by different means. Investors typically determine if Rogers Communications is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Rogers Communications' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.