RCI · NYSE · Telecommunications Services

Rogers Communications (RCI)

Connects Canadians through wireless and cable networks while owning sports, broadcasting, and entertainment assets.

$33.95
vs last close−0.46 (−1.35%)
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Rogers Communications Inc.RCI
Communication Services

Sells mobile, internet, television, voice, and business connectivity through Wireless and Cable, while Media combines broadcasting, digital properties, sports networks, teams, venues, and advertising. Operations and sales are almost entirely Canadian, with national communications infrastructure supporting a vertically connected sports-and-media portfolio.

Provides mobile service under Rogers, Fido, and chatr, alongside residential and business internet, television, voice, smart-home, fibre, and enterprise connectivity. Wireless and Cable form the communications base, while Media spans broadcasting, digital properties, sports networks, teams, venues, and advertising.

Operates almost entirely in Canada. The Shaw combination expanded the Western Canadian cable footprint, while early launches in cellular, broadband, LTE, and 5G show a record of building and extending communications infrastructure.

Links distribution with Sportsnet, the Toronto Blue Jays, Rogers Centre, and majority ownership of Maple Leaf Sports & Entertainment. Execution depends on network reliability, Canadian spectrum and broadcast regulation, telecom competition, and a family-controlled voting structure.

Company facts

CEOTony Staffieri
ListedJan 11, 1996
ExchangeNYSE
HeadquartersToronto, ON
CountryCanada
Employees25,000
CIK0000733099
ISINCA7751092007

Market cap$18.59B
EPS (ttm)$8.52
P/E (ttm)4.04
ROE35.6%
P/B1.58
P/S1.15
Dividend yieldDiv yield4.22%
Beta0.17vs XLC 0.59

Price target$36.00+4.6%Average of 25 analysts
ConsensusHold13 of 25 analysts
Ratings

Target rangeAs of Sep 21, 2026

Latest analyst notes

DateFirmActionPriorCurrent
Sep 13, 2026DesjardinsUpgrade
Rating: Hold
Rating: Buy
Jul 16, 2026BarclaysReiterate
Rating: Target: $37
Rating: Equal WeightTarget: $36
Jul 15, 2026Raymond JamesInitiate
Rating:
Rating: Outperform
Jan 27, 2026BarclaysTarget
Target: $46
Target: $37
Jan 21, 2025BarclaysDowngrade
Rating: Overweight
Rating: Equal Weight

Next report
Oct 22, 26
in 30 days
EPS estimate
$0.86
Revenue estimate
$3.85B
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Jan '25Apr '25Jul '25Oct '25Jan '26Apr '26Jul '26Oct '26
Reported$1.04$0.69$0.82$0.99$1.08$0.74$0.83Pending
Estimate$0.97$0.71$0.80$0.92$0.98$0.73$0.80$0.86
Surprise+7.2%−2.8%+2.5%+7.6%+10.2%+1.4%+3.7%

RevenueReportedEstimate

Jan '25Apr '25Jul '25Oct '25Jan '26Apr '26Jul '26Oct '26
Reported$3.81B$3.49B$3.83B$3.83B$4.49B$3.94B$3.95BPending
Estimate$5.02B$5.11B$5.31B$5.94B$4.38B$3.91B$3.91B$3.85B
Surprise−24.2%−31.7%−27.9%−35.5%+2.6%+0.8%+1.1%
Estimate$0.86
ReportedDue Oct 22, 2026
Estimate$3.85B
ReportedDue Oct 22, 2026
View details

Debt to equity276.00%
Current ratio54.50%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$3.65B$3.90B$3.54B$3.71B$3.80B$4.39B$3.90B$4.00B
Net income$374.2M$396.9M$199.2M$111.7M$4.09B$500.1M$311.6M−$516.7M
Net margin10.3%10.2%5.6%3.0%107.6%11.4%8.0%0.0%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income$987.4M$968.1M$773.9M$838.0M$914.1M$1.04B$813.1M$888.1M
YoY growthTurned profit+17.6%+2.2%−0.9%−7.4%+7.8%+5.1%+6.0%

Balance sheet, Jun 30, 2026Cash & short-term investments $1.23B · Total debt $32.52B · Total assets $64.26B · Shareholders' equity $11.78B

Revenue
$4.00B
Operating income
$888.1M
Net income
−$516.7M

Reported in CAD, converted at the latest exchange rate

View details

Dividend yield
4.22%
Next ex-date
Dec 8, 26
estimated · in 77 days
Annual dividend
$1.45
per share
Schedule
Quarterly
4 payments a year

HistoryDividendAnnual yield

Dec '24Mar '25Jun '25Sep '25Dec '25Mar '26Jun '26Sep '26
Dividend$0.3543$0.3465$0.3656$0.3621$0.3611$0.3686$0.3582$0.3628
Annual yield4.21%5.11%5.38%4.00%3.93%3.66%3.86%3.93%
Ex-dateDec 9Mar 10Jun 9Sep 8Dec 8Mar 10Jun 9Sep 8
Payment dateJan 3Apr 2Jul 3Oct 3Jan 2Apr 2Jul 6Oct 2
View details

Institutions47.25%255.27M ADS
330 holders · as of Jun 30, 2026
Strategic holders3.78%20.39M ADS
1 holder · as of Feb 12, 2021
Other48.97%264.56M ADS
remainder

540.23M ADS as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

This company has 2 share classes; every stake here is a share of the whole company.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
Royal Bank of CanadaInstitution
5.68%30.71M B ADSas of Jun 30, 2026
Bank of Montreal /Can/Institution
4.55%24.59M B ADSas of Jun 30, 2026
Bank Of MontrealStrategic
3.78%20.39Mfiled Feb 12, 2021
FIL LtdInstitution
3.56%19.22M B ADSas of Jun 30, 2026
CIBC World Market Inc.Institution
2.30%12.43M B ADSas of Jun 30, 2026

Insider tradesForm 4

Nothing filed in the last 12 months.

View details

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Compare

CompanyPriceChange
Rogers Communications$33.95−1.35%$18.59B4.014.21.2+3.3%
BCE$21.99−0.02%$20.51B4.613.51.2−2.7%
TELUS$8.65−0.37%$13.55B23.30.9−7.0%
Median4.618.41.1−4.8%