What is Scotiabank’s Estimate for RCI FY2026 Earnings?

Rogers Communication, Inc. (NYSE:RCI) (TSE:RCI.B) – Stock analysts at Scotiabank upped their FY2026 earnings per share estimates for shares of Rogers Communication in a research report issued to clients and investors on Thursday, October 22nd. Scotiabank analyst M. Yaghi now anticipates that the Wireless communications provider will earn $3.34 per share for the year, up from their prior estimate of $3.32. Scotiabank currently has an “Outperform” rating on the stock. The consensus estimate for Rogers Communication’s current full-year earnings is $3.24 per share. Scotiabank also issued estimates for Rogers Communication’s FY2027 earnings at $3.51 EPS.

Rogers Communication (NYSE:RCI) (TSE:RCI.B) last announced its quarterly earnings results on Wednesday, July 22nd. The Wireless communications provider reported $0.83 earnings per share for the quarter, topping the consensus estimate of $0.80 by $0.03. The company had revenue of $3.95 billion for the quarter, compared to analysts’ expectations of $3.91 billion. Rogers Communication had a net margin of 27.54% and a return on equity of 11.56%. Rogers Communication’s quarterly revenue was up 7.6% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.14 earnings per share.

Other analysts also recently issued reports about the stock. Raymond James Financial assumed coverage on shares of Rogers Communication in a report on Wednesday, July 15th. They issued an “outperform” rating on the stock. Weiss Ratings lowered Rogers Communication from a “hold (c)” rating to a “hold (c-)” rating in a research report on Thursday, October 8th. Desjardins raised Rogers Communication from a “hold” rating to a “buy” rating in a research note on Monday, September 14th. Wall Street Zen downgraded Rogers Communication from a “hold” rating to a “sell” rating in a research report on Saturday, October 3rd. Finally, Barclays lowered their price objective on Rogers Communication from $36.00 to $35.00 and set an “equal weight” rating for the company in a research note on Tuesday, October 13th. Six investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $35.00.

Rogers Communication Price Performance

RCI stock opened at $33.16 on Friday. Rogers Communication has a 52 week low of $29.25 and a 52 week high of $41.14. The company has a quick ratio of 0.51, a current ratio of 0.55 and a debt-to-equity ratio of 1.54. The company has a fifty day simple moving average of $34.09 and a two-hundred day simple moving average of $34.85. The firm has a market capitalization of $17.91 billion, a P/E ratio of 4.00, a price-to-earnings-growth ratio of 3.99 and a beta of 0.65.

Institutional Trading of Rogers Communication

Institutional investors have recently added to or reduced their stakes in the company. Bank of Nova Scotia grew its stake in shares of Rogers Communication by 7.6% during the first quarter. Bank of Nova Scotia now owns 6,280,164 shares of the Wireless communications provider’s stock valued at $241,467,000 after buying an additional 445,964 shares during the last quarter. TD Waterhouse Canada Inc. lifted its stake in shares of Rogers Communication by 7.1% during the 3rd quarter. TD Waterhouse Canada Inc. now owns 5,037,804 shares of the Wireless communications provider’s stock worth $155,491,000 after acquiring an additional 332,725 shares during the last quarter. Dimensional Fund Advisors LP lifted its stake in shares of Rogers Communication by 98.5% during the 1st quarter. Dimensional Fund Advisors LP now owns 2,025,580 shares of the Wireless communications provider’s stock worth $77,871,000 after acquiring an additional 1,004,963 shares during the last quarter. Gabelli Funds LLC boosted its holdings in Rogers Communication by 10.5% during the 1st quarter. Gabelli Funds LLC now owns 1,495,950 shares of the Wireless communications provider’s stock valued at $57,519,000 after acquiring an additional 142,650 shares during the period. Finally, Swiss National Bank boosted its holdings in Rogers Communication by 27.0% during the 1st quarter. Swiss National Bank now owns 1,227,700 shares of the Wireless communications provider’s stock valued at $47,146,000 after acquiring an additional 261,000 shares during the period. Institutional investors own 45.49% of the company’s stock.

Rogers Communication Company Profile

Rogers Communications Inc is a Canadian communications and media company serving consumers, businesses and public-sector organizations across Canada. Its telecommunications operations provide wireless voice and data services, broadband internet, television, home phone and related connectivity products. The company also offers enterprise networking, cybersecurity, cloud and other information technology services.

Rogers operates a portfolio of media and sports properties, including Sportsnet, Citytv and OMNI Television, along with radio stations, digital platforms and publishing operations.