Rogers (NYSE:ROG) Announces Quarterly Earnings Results

Rogers (NYSE:ROG) posted its earnings results on Tuesday. The electronics maker reported $0.89 earnings per share for the quarter, topping analysts’ consensus estimates of $0.60 by $0.29, FiscalAI reports. Rogers had a positive return on equity of 3.54% and a negative net margin of 7.62%.The firm had revenue of $209.10 million for the quarter, compared to the consensus estimate of $196.50 million. Rogers updated its Q1 2026 guidance to 0.450-0.850 EPS.

Here are the key takeaways from Rogers’ conference call:

• Rogers delivered a strong Q4 and full-year finish with Q4 sales of $202M, adjusted EPS of $0.89, a 17.1% adjusted EBITDA margin, $71M of free cash flow for the year, and ended 2025 with $197M net cash while repurchasing $52M of shares.
• Management realized $25M of cost and operating expense improvements in 2025 and expects additional annualized savings (company cited another $20M by end of 2026, plus a $13M annual benefit from ceramic restructuring in Germany) that should support margin expansion.
• Q1 2026 guidance points to continued recovery — revenue guidance of $193M–$208M (midpoint +5% YoY), a midpoint adjusted EBITDA margin of 15.5% (≈530 bps YoY improvement), and adjusted EPS midpoint of $0.65 versus $0.27 in Q1 2025.
• Management is prioritizing top-line growth through targeted design-win efforts (notably in data-centers for thermal management and signal integrity), with initial wins and at least one larger design decision expected later in 2026, but revenue impact is likely later (late 2026–2027) and remains uncertain.
• Execution risks remain from the ceramic business: the Germany restructuring carries $12M–$20M of total costs ( $5.4M incurred in 2025) with remaining charges through Q3 2026, and the new ceramic China plant is ramping more slowly than expected, causing underutilization costs and delayed revenue.

Rogers Stock Performance

Shares of ROG stock opened at $107.20 on Thursday. The company has a market capitalization of $1.93 billion, a price-to-earnings ratio of -32.09 and a beta of 0.40. Rogers has a one year low of $51.43 and a one year high of $112.81. The company’s 50-day moving average is $97.80 and its 200 day moving average is $86.94.

Analyst Ratings Changes

Several equities research analysts recently weighed in on ROG shares. Zacks Research lowered Rogers from a “strong-buy” rating to a “hold” rating in a research report on Monday, December 29th. B. Riley Financial raised their price objective on Rogers from $127.00 to $133.00 and gave the company a “buy” rating in a research report on Wednesday. Wall Street Zen raised shares of Rogers from a “hold” rating to a “buy” rating in a research report on Saturday, November 1st. Finally, Weiss Ratings reiterated a “sell (d)” rating on shares of Rogers in a research note on Thursday, January 22nd. Two research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Rogers currently has an average rating of “Hold” and an average price target of $109.00.

Institutional Investors Weigh In On Rogers

Several institutional investors and hedge funds have recently made changes to their positions in ROG. Mercer Global Advisors Inc. ADV purchased a new position in Rogers in the 4th quarter worth approximately $264,000. Summit Global Investments bought a new stake in shares of Rogers in the 4th quarter worth $1,410,000. State of Tennessee Department of Treasury raised its stake in shares of Rogers by 32.7% in the fourth quarter. State of Tennessee Department of Treasury now owns 5,448 shares of the electronics maker’s stock worth $530,000 after purchasing an additional 1,343 shares during the last quarter. XTX Topco Ltd purchased a new position in shares of Rogers in the fourth quarter worth $1,003,000. Finally, Zacks Investment Management bought a new position in shares of Rogers during the fourth quarter valued at $1,399,000. Institutional investors own 96.02% of the company’s stock.

About Rogers

Rogers Corporation (NYSE: ROG) is a global technology and materials company specializing in the development and manufacture of engineered materials and components. The company designs and produces a broad portfolio of high-performance elastomeric, foam, silicone, adhesive and thermal management solutions, as well as advanced circuit board laminates. Its products are engineered to meet stringent requirements in areas such as electrical insulation, thermal performance and electromagnetic shielding.

Rogers serves a diverse range of end markets, including automotive, aerospace and defense, telecommunications, consumer electronics and industrial applications.