Rogers Comms upgraded by RBC Capital Mkts
$RCI
Cable & Other Pay Television Services
Telecommunications
RBC Capital Mkts upgraded Rogers Comms from Sector Perform to Outperform
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| 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 |
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
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, 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
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
SC 13G/A - ROGERS COMMUNICATIONS INC (0000733099) (Subject)
SC 13G/A - ROGERS COMMUNICATIONS INC (0000733099) (Subject)
SC 13G - ROGERS COMMUNICATIONS INC (0000733099) (Subject)
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
6-K - ROGERS COMMUNICATIONS INC (0000733099) (Filer)
6-K - ROGERS COMMUNICATIONS INC (0000733099) (Filer)
6-K - ROGERS COMMUNICATIONS INC (0000733099) (Filer)