Rogers Communications Inc. operates as a communications and media company in Canada. It operates through three segments: Wireless, Cable, and Media. The company offers mobile Internet access, wireless voice and enhanced voice, device and accessory financing, wireless home phone, device protection, text messaging, e-mail, global voice and data roaming, bridging landline, machine-to-machine and Internet of Things solutions, and advanced wireless solutions for businesses, as well as device delivery services; and postpaid and prepaid services under the Rogers, Fido, and chatr brands to approximately 10.9 million subscribers. It also provides Internet and WiFi services; smart home monitoring services, such as monitoring, security, automation, energy efficiency, and smart control through a smartphone app. In addition, the company offers local and network TV; on-demand television; cloud-based digital video recorders; voice-activated remote controls, and integrated apps; personal video recorders; linear and time-shifted programming; digital specialty channels; 4K television programming; and televised content on smartphones, tablets, and personal computers, as well as operates Ignite TV and Ignite TV app. Further, it provides residential and small business local telephony services; calling features, such as voicemail, call waiting, and long distance; voice, data networking, Internet protocol, and Ethernet services; private networking, Internet, IP voice, and cloud solutions; optical wave and multi-protocol label switching services; IT and network technologies; and cable access network services. The company also owns Toronto Blue Jays and the Rogers Centre event venue; and operates Sportsnet ONE, Sportsnet 360, Sportsnet World, Citytv, OMNI, FX (Canada), FXX (Canada), and OLN television networks, as well as 55 AM and FM radio stations. Rogers Communications Inc. was founded in 1960 and is headquartered in Toronto, Canada.
IPO Year:
Exchange: NYSE
Website: rogers.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
4/4/2025 | Hold → Buy | Canaccord Genuity | |
4/1/2025 | Sector Outperform → Sector Perform | Scotiabank | |
1/22/2025 | Overweight → Equal Weight | Barclays | |
1/14/2025 | Buy → Neutral | BofA Securities | |
12/16/2024 | Underweight | Morgan Stanley | |
7/25/2024 | Buy → Hold | Canaccord Genuity | |
11/10/2023 | Hold → Buy | Desjardins | |
9/15/2023 | Sector Perform → Outperform | RBC Capital Mkts | |
5/8/2023 | $55.00 | Overweight | Barclays |
4/3/2023 | Buy → Hold | Desjardins |
Rogers reports continued growth in subscribers and financials, including strong margin improvement year-over-year despite slowing market Delivers significant balance sheet deleveraging with announced $7 billion minority equity investment in April; debt leverage ratio1 expected to be 3.6x vs. 5.2x post-Shaw closing 24 months ago Company removes discount on dividend reinvestment plan shares Positive consolidated financial results led by growth in service revenue and adjusted EBITDA Total service revenue and adjusted EBITDA both up 2%Consolidated adjusted EBITDA margin of 45% Combined mobile phone and Internet net additions of 57,000 Added 34,000 total mobile phone net subscriber addition
July 3, 2025 payment date following June 9, 2025 record date Company removes discount on Dividend Reinvestment Plan Shares TORONTO, April 23, 2025 (GLOBE NEWSWIRE) -- Rogers Communications Inc. (TSX:RCI) (NYSE:RCI) ("Rogers") announced that its Board of Directors (the "Board") declared a quarterly dividend totaling 50 cents per share (the "Quarterly Dividend") on each of its outstanding Class B Non-Voting shares ("Class B Shares") and Class A Voting shares. The declared Quarterly Dividend will be paid July 3, 2025 to shareholders of record on June 9, 2025. Such quarterly dividends are only payable as and when declared by the Board and there is no entitlement to any div
Rogers tops $20 billion in annual revenue in 2024 as more Canadians choose Rogers Wireless and Internet than any other carrier in Canada Led all Canadian carriers with combined mobile phone and Internet net additions of 623,000 in 2024Delivered service revenue growth of 7% and adjusted EBITDA growth of 12%; over $3 billion in free cash flow1 and $4 billion in capital expenditures in Canadian economy in 2024 Q4 caps our third straight year of delivering industry-leading financial and operating performance led by continued disciplined loading and efficiency gains Wireless service revenue up 2% and adjusted EBITDA up 6% Net postpaid and prepaid phone additions of 95,000Margin u
TORONTO, Jan. 30, 2025 (GLOBE NEWSWIRE) -- Rogers Communications Inc. (TSX:RCI) (NYSE:RCI) ("Rogers") announced that its Board of Directors (the "Board") declared a quarterly dividend totaling 50 cents per share (the "Quarterly Dividend") on each of its outstanding Class B Non-Voting shares ("Class B Shares") and Class A Voting shares. The declared Quarterly Dividend will be paid on April 2, 2025 to shareholders of record on March 10, 2025. Such quarterly dividends are only payable as and when declared by the Board and there is no entitlement to any dividend prior thereto. Shareholders may elect to have cash dividends on their shares reinvested in additional Class B Shares in
More Canadians continue to choose Rogers Wireless and Internet than any other carrier in Canada Combined mobile phone and Internet net additions of 227,000 in Q3 and 502,000 for the year to dateQ3 postpaid mobile phone net additions of 101,000; prepaid net additions of 93,000; retail Internet net additions of 33,000Rogers has added industry-best 1.9 million mobile phone and Internet net additions over the past 11 quarters Continued disciplined loading, strong execution, efficiency gains, industry-leading financial performance, and industry-best margins Wireless service revenue up 2% and adjusted EBITDA up 5%; margin up 220 basis points to 66%; blended ARPU stableCable revenue down 1%; adj
TORONTO, Oct. 24, 2024 (GLOBE NEWSWIRE) -- Rogers Communications Inc. (TSX:RCI) (NYSE:RCI) ("Rogers") announced that its Board of Directors (the "Board") declared a quarterly dividend totaling 50 cents per share (the "Quarterly Dividend") on each of its outstanding Class B Non-Voting shares ("Class B Shares") and Class A Voting shares. The declared Quarterly Dividend will be paid on January 3, 2025 to shareholders of record on December 9, 2024. Such quarterly dividends are only payable as and when declared by the Board and there is no entitlement to any dividend prior thereto. Shareholders may elect to have cash dividends on their shares reinvested in additional Class B Shares in accorda
More Canadians continue to choose Rogers Wireless and Internet than any other carrier in Canada Rogers' combined mobile phone and Internet net additions of 188,000 in Q2 and 275,000 for the year to dateQ2 postpaid mobile phone net additions of 112,000; prepaid net additions of 50,000; retail Internet net additions of 26,000Rogers has added industry-best 1.7 million mobile phone and Internet net additions over the past 10 quarters Continued disciplined loading, strong execution, efficiency gains, and industry-leading financial performance Wireless service revenue up 4% and adjusted EBITDA up 6%; margin of 65%; blended ARPU up 1%Cable revenue down 2%; adjusted EBITDA up 9%; margin of 57%Lev
TORONTO, July 24, 2024 (GLOBE NEWSWIRE) -- Rogers Communications Inc. (TSX:RCI) (NYSE:RCI) ("Rogers") announced that a quarterly dividend totaling 50 cents per share (the "Quarterly Dividend") has been declared on each of its outstanding Class B Non-Voting shares ("Class B Shares") and Class A Voting shares. The declared Quarterly Dividend will be paid on October 3, 2024 to shareholders of record on September 9, 2024. Such quarterly dividends are only payable as and when declared by Rogers' Board and there is no entitlement to any dividend prior thereto. Shareholders may elect to have cash dividends on their shares reinvested in additional Class B Shares in accordance with Rogers' Amende
Reports nine straight quarters of industry-leading growthReaffirms industry-leading 2024 financial guidance More Canadians continue to choose Rogers over any other carrier 124,000 postpaid mobile phone and retail Internet net addsPostpaid mobile phone net adds of 98,000, up 3,000Retail Internet net adds of 26,000, up 12,000 Delivers industry-leading growth in Cable and Wireless Total service revenue up 31%; adjusted EBITDA up 34%Wireless service revenue and adjusted EBITDA up 9% Wireless blended ARPU up 1%; up 3% on a pro forma basis (for Shaw Mobile) Cable service revenue up 94%; adjusted EBITDA up 97% Exceeding Shaw merger commitments $1 bi
TORONTO, April 24, 2024 (GLOBE NEWSWIRE) -- Rogers Communications Inc. (TSX:RCI) (NYSE:RCI) ("Rogers") announced that its Board of Directors declared a quarterly dividend totaling 50 cents per share (the "Quarterly Dividend") on each of its outstanding Class B Non-Voting shares ("Class B Shares") and Class A Voting shares. The Quarterly Dividend will be paid on July 5, 2024 to shareholders of record on June 10, 2024. Quarterly dividends are only payable as and when declared by Rogers' Board and there is no entitlement to any dividend prior thereto. Shareholders may elect to have cash dividends on their shares reinvested in additional Class B Shares in accordance with Rogers' Amended and
Canaccord Genuity upgraded Rogers Comms from Hold to Buy
Scotiabank downgraded Rogers Comms from Sector Outperform to Sector Perform
Barclays downgraded Rogers Comms from Overweight to Equal Weight
BofA Securities downgraded Rogers Comms from Buy to Neutral
Morgan Stanley resumed coverage of Rogers Comms with a rating of Underweight
Canaccord Genuity downgraded Rogers Comms from Buy to Hold
Desjardins upgraded Rogers Comms from Hold to Buy
RBC Capital Mkts upgraded Rogers Comms from Sector Perform to Outperform
Barclays resumed coverage of Rogers Comms with a rating of Overweight and set a new price target of $55.00
Desjardins downgraded Rogers Comms from Buy to Hold
6-K - ROGERS COMMUNICATIONS INC (0000733099) (Filer)
6-K - ROGERS COMMUNICATIONS INC (0000733099) (Filer)
6-K - ROGERS COMMUNICATIONS INC (0000733099) (Filer)
6-K - ROGERS COMMUNICATIONS INC (0000733099) (Filer)
6-K - ROGERS COMMUNICATIONS INC (0000733099) (Filer)
6-K - ROGERS COMMUNICATIONS INC (0000733099) (Filer)
6-K - ROGERS COMMUNICATIONS INC (0000733099) (Filer)
6-K - ROGERS COMMUNICATIONS INC (0000733099) (Filer)
6-K - ROGERS COMMUNICATIONS INC (0000733099) (Filer)
6-K - ROGERS COMMUNICATIONS INC (0000733099) (Filer)
TORONTO, July 11, 2025 (GLOBE NEWSWIRE) -- Rogers Communications, Inc. ("Rogers" or the "Company") (TSX:RCI, NYSE:RCI) today announced the commencement of separate offers (the "Offers") to purchase for cash any and all of the outstanding notes of each series listed in the table below (collectively, the "Notes"), up to a maximum of US$1,250,000,000 aggregate Total Consideration (as defined below). Subject to the Consideration Cap Condition (as defined below), the series of Notes that are purchased in the Offers will be based on the acceptance priority levels (each, an "Acceptance Priority Level") set forth in the table below. If a given series of Notes is accepted for purchase pursuant to t
TORONTO, July 11, 2025 (GLOBE NEWSWIRE) -- Rogers Communications Inc. ("Rogers" or the "Company") (TSX:RCI, NYSE:RCI) today announced the commencement of separate offers (the "Offers") to purchase for cash up to C$400,000,000 (the "Maximum Purchase Amount") in aggregate purchase price, excluding accrued and unpaid interest, of its outstanding senior notes of each series listed in the table below (collectively, the "Notes"), which Maximum Purchase Amount may be increased, decreased or waived by the Company in its sole discretion. Each Offer is subject to the satisfaction or waiver of certain conditions. The Offers The Offers are made upon the terms and subject to the conditions set fo
Closes transaction to acquire BCE's 37.5% ownership stake in MLSEStrengthens commitment to Canadian sports Will invest to bring championships to Canada TORONTO, July 02, 2025 (GLOBE NEWSWIRE) -- Rogers Communications Inc. (TSX:RCI) (NYSE:RCI) today announced it has closed its transaction to acquire BCE's 37.5% ownership stake in Maple Leaf Sports & Entertainment (MLSE) for C$4.7 billion. Rogers is now the largest owner with a 75% interest in MLSE. "MLSE is one of the most prestigious sports and entertainment organizations in the world and we're proud to be the majority owner of these iconic sports teams," said Tony Staffieri, President and CEO, Rogers. "Live sports are a core part o
Usage skyrockets from 100 calls to 100 million calls a dayMarks four decades of wireless innovation leadership for Canadians TORONTO, June 27, 2025 (GLOBE NEWSWIRE) -- July 1st marks the 40th anniversary of Canada's first wireless call. It happened at Nathan Phillips Square in downtown Toronto. Art Eggleton, Toronto's mayor at the time, called Montreal Mayor Jean Drapeau with a 10-pound mobile phone. Company founder Ted Rogers made the first call happen by investing in wireless at a time when no one else believed in it. "Our wireless journey began with a single call, and it was the beginning of many innovative firsts," said Tony Staffieri, President and CEO, Rogers. "We're proud
TORONTO, June 26, 2025 (GLOBE NEWSWIRE) -- Rogers Communications Inc. (TSX:RCI) (NYSE:RCI) plans to release its second quarter 2025 financial results on Wednesday, July 23, 2025, before North American financial markets open. The results will be distributed by newswire and posted at investors.rogers.com. Rogers' management will host its quarterly teleconference with the investment community to discuss the results and outlook at 8:00 a.m. ET. A live webcast of the teleconference will be available on the Investor Relations section of Rogers' website at investors.rogers.com. Alternatively, the teleconference can be accessed by dialing 416-639-5883 (1-844-282-4459 toll free Canada/USA). When p
Blackstone (NYSE:BX) has successfully closed its previously announced CDN$7 billion equity investment in Rogers Communications Inc. (TSX:RCI, NYSE:RCI). Under the terms of the transaction, funds managed by Blackstone Credit & Insurance ("BXCI") and leading Canadian institutional investors have acquired a non-controlling interest in a newly established subsidiary of Rogers that owns a portion of the company's wireless backhaul transport infrastructure. The Blackstone-led investor group includes Canada Pension Plan Investment Board (CPP Investments), Caisse de dépôt et placement du Québec (La Caisse), the Public Sector Pension Investment Board (PSP Investments), British Columbia Investmen
Proceeds will be used to repay debtRogers will maintain full operational control of its wireless network TORONTO, June 20, 2025 (GLOBE NEWSWIRE) -- Rogers Communications Inc. (TSX:RCI, NYSE:RCI) today announced it has closed its CDN$7 billion equity investment from funds managed by Blackstone, backed by leading Canadian institutional investors. Blackstone has acquired a non-controlling interest in a new Canadian subsidiary of Rogers that owns a portion of Rogers wireless backhaul transport infrastructure. Rogers is maintaining full operational control of its network and will include the financial results of the subsidiary in its consolidated financial statements. "This transaction demon
TORONTO, June 12, 2025 (GLOBE NEWSWIRE) -- Rogers Communications (TSX:RCI) (NYSE:RCI) issued the following statement upon receiving approval from the Canadian Radio-television and Telecommunications Commission (CRTC) to acquire Bell's interest in Toronto Raptors Network Ltd (NBA TV Canada): "We're pleased to receive all the necessary approvals to expand our ownership of MLSE. We look forward to closing this strategic deal in early July," said Tony Staffieri, President and CEO, Rogers. "MLSE is one of the most prestigious sports and entertainment organizations in the world, and live sports and entertainment are core to our business strategy." Rogers previously received approvals from the
EGANVILLE, ON, June 12, 2025 /CNW/ - The Eastern Ontario Regional Network (EORN) and Rogers Communications announced today that Rogers 5G mobile services are now available in 31 more communities across eastern Ontario. Since October 1, 2024, 63 new cell towers and an additional upgrade to an existing site are completed, and now offer Rogers 5G mobile services to residents, businesses and visitors. Rogers 5G mobile services are now available in many parts of our region with new service available in: City of Kawartha Lakes Prince Edward County City of Kingston County of Renfre
TORONTO, June 04, 2025 (GLOBE NEWSWIRE) -- Rogers Communications (TSX:RCI) (NYSE:RCI) today announced it has received all league approvals to buy out Bell's 37.5% stake in Maple Leaf Sports & Entertainment (MLSE). "We're pleased to have league approvals to expand our ownership of MLSE, one of the most prestigious sports and entertainment organizations in the world," said Tony Staffieri, President and CEO, Rogers. "As Canada's leading communications and entertainment company, live sports and entertainment are a critical part of our core business strategy." Rogers has received approvals from the National Hockey League (NHL), National Basketball Association (NBA), Canadian Football League
TORONTO, April 23, 2025 (GLOBE NEWSWIRE) -- Rogers Communications Inc. (TSX:RCI) (NYSE:RCI) (the "Company"), in accordance with Toronto Stock Exchange requirements, announced the voting results from its Annual General Meeting of Shareholders held earlier today. Shareholders voted for all items of business put forth at today's meeting, those being the election of the director nominees and the appointment of KPMG LLP as the Company's auditors. A total of 108,564,494 Class A Voting shares, representing approximately 97.67% of the Company's issued and outstanding Class A Voting shares, were voted in connection with the election of directors. Director NomineeResult% of Shares Vote
MARKHAM, ON, Dec. 2, 2024 /CNW/ - Xplore Inc., a leading provider of high-speed broadband services in rural communities across Canada, today announced the appointment of Brent Johnston as its new Chief Executive Officer (CEO), effective immediately. Geoff Lowe, Xplore's Chief Financial Officer (CFO), who recently has also served as Interim CEO, has been promoted to President & Chief Financial Officer. Johnston brings deep experience in the Canadian telecommunications industry. He previously served as President of Wireless Services, Rogers Communications ((TSX, NYSE:RCI), and s
TORONTO, April 24, 2024 (GLOBE NEWSWIRE) -- Rogers Communications Inc. (TSX:RCI) (NYSE:RCI) ("Company"), in accordance with Toronto Stock Exchange requirements, announced the voting results from its Annual and Special Meeting of Shareholders (meeting) held earlier today. Shareholders voted for all items of business put forth at today's meeting, those being the election of the director nominees, the appointment of KPMG LLP as the Company's auditors and the adoption of the Directors' Restricted Share Unit Plan. A total of 108,987,262 Class A Voting shares, representing approximately 98.05% of the Company's issued and outstanding Class A Voting shares, were voted in connection with the elect
VANCOUVER, British Columbia, Nov. 02, 2023 (GLOBE NEWSWIRE) -- Rogers Communications Inc. announced today it is the proud presenting sponsor of Taylor Swift | The Eras Tour in Vancouver. Swift will be performing on December 6, 7 and 8, 2024, at BC Place and the company will be giving away premium seats for fans across Canada. "We couldn't be more excited to be a part of bringing Taylor Swift | The Eras Tour to Vancouver, giving fans the experience of a lifetime," said Terrie Tweddle, Chief Brand and Communications Officer, Rogers. "Rogers is all about connecting Canadians and bringing them the best content and best experiences, and Taylor is simply the best." In addition to Vancouver, R
TORONTO, April 26, 2023 (GLOBE NEWSWIRE) -- Rogers Communications Inc. (Company), a leading diversified Canadian communications and media company, in accordance with Toronto Stock Exchange requirements, announced the voting results from its Annual General Meeting of Shareholders (meeting) held earlier today. Shareholders voted in favour of all items of business put forth at the meeting, including the appointment of KPMG LLP as its outside auditors and the election of all director nominees. A total of 108,903,135 Class A Voting shares representing 97.98% of the Company's issued and outstanding Class A Voting stock were voted in connection with the election of directors. DirectorResults% of
Announces Appointment of New Directors and Formation of Advisory Committee Thunderbird Entertainment Group Inc. (TSXV:TBRD, OTC – THBRF))) ("Thunderbird" or the "Company") announced today that it has entered into a cooperation agreement (the "Cooperation Agreement") with Voss Capital LLC ("Voss"), which, together with its affiliates, owns approximately 13.3% of the outstanding common shares of Thunderbird and is its largest shareholder. The Cooperation Agreement includes the appointment of two new independent directors put forward by Voss, Asha Daniere and Mark Trachuk (the "Appointees") to the Board of Directors of Thunderbird (the "Board") effective immediately, as well as the nominatio
TORONTO, April 20, 2022 (GLOBE NEWSWIRE) -- Rogers Communications Inc., a leading diversified Canadian communications and media company, in accordance with Toronto Stock Exchange requirements, announced the voting results from its Annual General Meeting of Shareholders held earlier today. Shareholders voted in favour of all items of business put forth at the meeting, including the appointment of KPMG LLP as its outside auditors and the election of all director nominees. A total of 108,640,213 Class A Voting shares representing 97.74% of the Company's issued and outstanding Class A Voting stock were voted in connection with the election of directors. DirectorResults% of Shares Voted For%
Strong execution delivers solid operational improvements led by Wireless recoveryWireless postpaid net subscriber additions includes phone additions of 141,000; Wireless service revenue growth of 6% and adjusted EBITDA up 5% Blended ARPU1 of $51.47 up 3%; improved Q4 postpaid churn by 4 basis points to 1.15% Stable financial results in Cable; Internet net subscriber additions include 21,000 net new retail broadband subscribersMedia revenue growth up 26% reflects the return of live sports broadcasting advertisingFull-year 2022 guidance2 pre-Shaw transaction reflects improving economy, greater focus on execution, and accelerating investments in 5G and network expansion Total servic
TORONTO, Jan. 10, 2022 (GLOBE NEWSWIRE) -- Rogers Communications announced today that Tony Staffieri has been appointed President and CEO of the company effective immediately. The appointment follows a search by the Rogers Board of Directors that commenced on November 16, 2021 when Mr. Staffieri was appointed interim CEO. Mr. Staffieri has also been appointed to the Board of Directors. "The appointment of Tony as President and CEO puts Rogers in a strong position as we prepare for the closing and integration of the Shaw transaction in the first half of 2022," said Edward Rogers, Chairman of the Board. "This is a pivotal point in the company's history and the Board has full confidence in T
VANCOUVER, British Columbia, Jan. 06, 2022 (GLOBE NEWSWIRE) -- ESE Entertainment Inc. (TSXV:ESE) (OTCQB:ENTEF) (the "Company" or "ESE"), is a Europe based entertainment and technology company focused on gaming, particularly on esports. The Company provides a range of services to leading video game developers, publishers, and brands by providing technology, infrastructure, and fan engagement services internationally. To help new and existing investors better understand existing operations and future objectives, ESE Chief Executive Officer, Konrad Wasiela, is pleased to provide the following corporate update. Mr. Wasiela stated, "As we start executing our 2022 plans, I would like to take t
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