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RCI.

Rogers Communications TSX:RCI.B Stock Report

Last Price

CA$65.88

Market Cap

CA$33.3b

7D

2.3%

1Y

6.4%

Updated

26 May, 2022

Data

Company Financials +
RCI.B fundamental analysis
Snowflake Score
Valuation2/6
Future Growth2/6
Past Performance2/6
Financial Health3/6
Dividends5/6

RCI.B Stock Overview

Rogers Communications Inc. operates as a communications and media company in Canada.

Rogers Communications Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Rogers Communications
Historical stock prices
Current Share PriceCA$65.88
52 Week HighCA$80.85
52 Week LowCA$56.00
Beta0.24
1 Month Change-8.89%
3 Month Change0.091%
1 Year Change6.43%
3 Year Change-7.32%
5 Year Change4.42%
Change since IPO738.47%

Recent News & Updates

May 26
Rogers Communications (TSE:RCI.B) Has Affirmed Its Dividend Of CA$0.50

Rogers Communications (TSE:RCI.B) Has Affirmed Its Dividend Of CA$0.50

Rogers Communications Inc.'s ( TSE:RCI.B ) investors are due to receive a payment of CA$0.50 per share on 4th of July...

May 12
Rogers Communications (TSE:RCI.B) Has Affirmed Its Dividend Of CA$0.50

Rogers Communications (TSE:RCI.B) Has Affirmed Its Dividend Of CA$0.50

Rogers Communications Inc. ( TSE:RCI.B ) has announced that it will pay a dividend of CA$0.50 per share on the 4th of...

May 02
We Like Rogers Communications' (TSE:RCI.B) Earnings For More Than Just Statutory Profit

We Like Rogers Communications' (TSE:RCI.B) Earnings For More Than Just Statutory Profit

Rogers Communications Inc.'s ( TSE:RCI.B ) recent earnings report didn't offer any surprises, with the shares unchanged...

Apr 28
Rogers Communications (TSE:RCI.B) Has Announced A Dividend Of CA$0.50

Rogers Communications (TSE:RCI.B) Has Announced A Dividend Of CA$0.50

The board of Rogers Communications Inc. ( TSE:RCI.B ) has announced that it will pay a dividend of CA$0.50 per share on...

Shareholder Returns

RCI.BCA Wireless TelecomCA Market
7D2.3%4.2%1.7%
1Y6.4%-8.0%4.7%

Return vs Industry: RCI.B exceeded the Canadian Wireless Telecom industry which returned -8% over the past year.

Return vs Market: RCI.B exceeded the Canadian Market which returned 4.7% over the past year.

Price Volatility

Is RCI.B's price volatile compared to industry and market?
RCI.B volatility
RCI.B Average Weekly Movement2.7%
Wireless Telecom Industry Average Movement8.7%
Market Average Movement9.9%
10% most volatile stocks in CA Market17.0%
10% least volatile stocks in CA Market4.3%

Stable Share Price: RCI.B is less volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: RCI.B's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
196023,000Tony Staffierihttps://www.rogers.com

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, 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 11.3 million subscribers.

Rogers Communications Fundamentals Summary

How do Rogers Communications's earnings and revenue compare to its market cap?
RCI.B fundamental statistics
Market CapCA$33.32b
Earnings (TTM)CA$1.59b
Revenue (TTM)CA$14.79b

21.1x

P/E Ratio

2.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
RCI.B income statement (TTM)
RevenueCA$14.79b
Cost of RevenueCA$8.75b
Gross ProfitCA$6.04b
Other ExpensesCA$4.45b
EarningsCA$1.59b

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)3.15
Gross Margin40.82%
Net Profit Margin10.75%
Debt/Equity Ratio307.0%

How did RCI.B perform over the long term?

See historical performance and comparison

Dividends

3.0%

Current Dividend Yield

64%

Payout Ratio

Does RCI.B pay a reliable dividends?

See RCI.B dividend history and benchmarks
When do you need to buy RCI.B by to receive an upcoming dividend?
Rogers Communications dividend dates
Ex Dividend DateJun 09 2022
Dividend Pay DateJul 04 2022
Days until Ex dividend12 days
Days until Dividend pay date37 days

Does RCI.B pay a reliable dividends?

See RCI.B dividend history and benchmarks

Valuation

Is Rogers Communications undervalued compared to its fair value and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


>50%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: RCI.B (CA$65.88) is trading below our estimate of fair value (CA$132.82)

Significantly Below Fair Value: RCI.B is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: RCI.B's Price-To-Earnings Ratio (21.1x) is in line with the North American Wireless Telecom industry average.

PE vs Market: RCI.B is poor value based on its Price-To-Earnings Ratio (21.1x) compared to the Canadian market (11.5x).


Price to Earnings Growth Ratio

PEG Ratio: RCI.B is poor value based on its PEG Ratio (1.8x)


Price to Book Ratio

PB vs Industry: RCI.B is overvalued based on its Price-To-Book Ratio (3x) compared to the XN Wireless Telecom industry average (1.8x).


Future Growth

How is Rogers Communications forecast to perform in the next 1 to 3 years based on estimates from 13 analysts?

Future Growth Score

2/6

Future Growth Score 2/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


11.4%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: RCI.B's forecast earnings growth (11.4% per year) is above the savings rate (1.6%).

Earnings vs Market: RCI.B's earnings (11.4% per year) are forecast to grow faster than the Canadian market (7.6% per year).

High Growth Earnings: RCI.B's earnings are forecast to grow, but not significantly.

Revenue vs Market: RCI.B's revenue (3.5% per year) is forecast to grow slower than the Canadian market (6.4% per year).

High Growth Revenue: RCI.B's revenue (3.5% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: RCI.B's Return on Equity is forecast to be low in 3 years time (17.6%).


Past Performance

How has Rogers Communications performed over the past 5 years?

Past Performance Score

2/6

Past Performance Score 2/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


1.5%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: RCI.B has high quality earnings.

Growing Profit Margin: RCI.B's current net profit margins (10.7%) are lower than last year (11.4%).


Past Earnings Growth Analysis

Earnings Trend: RCI.B's earnings have grown by 1.5% per year over the past 5 years.

Accelerating Growth: RCI.B's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: RCI.B had negative earnings growth (-0.8%) over the past year, making it difficult to compare to the Wireless Telecom industry average (-0.3%).


Return on Equity

High ROE: RCI.B's Return on Equity (14.3%) is considered low.


Financial Health

How is Rogers Communications's financial position?

Financial Health Score

3/6

Financial Health Score 3/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: RCI.B's short term assets (CA$19.0B) exceed its short term liabilities (CA$7.9B).

Long Term Liabilities: RCI.B's short term assets (CA$19.0B) do not cover its long term liabilities (CA$36.0B).


Debt to Equity History and Analysis

Debt Level: RCI.B's net debt to equity ratio (299.7%) is considered high.

Reducing Debt: RCI.B's debt to equity ratio has reduced from 320.2% to 307% over the past 5 years.

Debt Coverage: RCI.B's debt is not well covered by operating cash flow (12.6%).

Interest Coverage: RCI.B's interest payments on its debt are well covered by EBIT (4.3x coverage).


Balance Sheet


Dividend

What is Rogers Communications's current dividend yield, its reliability and sustainability?

Dividend Score

4/6

Dividend Score 4/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


3.01%

Current Dividend Yield

Upcoming Dividend Payment

TodayMay 27 2022Ex Dividend DateJun 09 2022Dividend Pay DateJul 04 202225 days from Ex DividendBuy in the next 12 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: RCI.B's dividend (3.01%) is higher than the bottom 25% of dividend payers in the Canadian market (1.87%).

High Dividend: RCI.B's dividend (3.01%) is low compared to the top 25% of dividend payers in the Canadian market (4.94%).


Stability and Growth of Payments

Stable Dividend: RCI.B's dividends per share have been stable in the past 10 years.

Growing Dividend: RCI.B's dividend payments have increased over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (63.6%), RCI.B's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: At its current cash payout ratio (78.4%), RCI.B's dividend payments are covered by cash flows.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

0.5yrs

Average management tenure


CEO

Tony Staffieri (56 yo)

0.50

Tenure

CA$4,575,212

Compensation

Mr. Anthony Staffieri, also known as Tony, FCPA, FCA, is President, CEO and Director of Rogers Communications Inc. since January 10, 2022. He had been Interim President and CEO of Rogers Communications Inc...


CEO Compensation Analysis

Compensation vs Market: Tony's total compensation ($USD3.58M) is below average for companies of similar size in the Canadian market ($USD7.51M).

Compensation vs Earnings: Tony's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: RCI.B's management team is not considered experienced ( 0.5 years average tenure), which suggests a new team.


Board Members

Experienced Board: RCI.B's board of directors are considered experienced (9.3 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Rogers Communications Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: Rogers Communications Inc.
  • Ticker: RCI.B
  • Exchange: TSX
  • Founded: 1960
  • Industry: Wireless Telecommunication Services
  • Sector: Telecom
  • Implied Market Cap: CA$33.318b
  • Shares outstanding: 504.93m
  • Website: https://www.rogers.com

Number of Employees


Location

  • Rogers Communications Inc.
  • 333 Bloor Street East
  • 10th Floor
  • Toronto
  • Ontario
  • M4W 1G9
  • Canada

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/26 00:00
End of Day Share Price2022/05/26 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.