Rogers Communications Inc.

NYSE:RCI Stock Report

Market Cap: US$17.9b

Rogers Communications Management

Management criteria checks 4/4

Rogers Communications' CEO is Tony Staffieri, appointed in Nov 2021, has a tenure of 4.67 years. total yearly compensation is CA$15.45M, comprised of 9.7% salary and 90.3% bonuses, including company stock and options. directly owns 0.001% of the company’s shares, worth $114.42K. The average tenure of the management team and the board of directors is 2.4 years and 4.4 years respectively.

Key information

Tony Staffieri

Chief executive officer

CA$15.4m

Total compensation

CEO salary percentage9.71%
CEO tenure4.7yrs
CEO ownership0.0006%
Management average tenure2.4yrs
Board average tenure4.4yrs

Recent management updates

Recent updates

Seeking Alpha • Jul 07

Rogers Communications: A Compelling Value Opportunity

Summary Rogers Communications is a high-quality, integrated media and communications company focused on the Canadian market, now trading below 10x P/E. RCI.B offers a compelling value proposition with a 4.4% yield, strong free cash flow growth, and a $55/share price target, justifying a 'Buy' rating. The company's diversified model—combining telco and media—has delivered 82% media revenue growth and improved EBITDA, distinguishing it from failed telco-media integrations. Key upside drivers include rising cash flow, debt reduction, and potential for multiple expansion, though competition and ARPU declines cap near-term growth. Read the full article on Seeking Alpha
Seeking Alpha • Feb 18

Rogers Communications: Focusing On Debt Reduction Will Prove Fruitful

Summary Rogers Communications' share price decline in 2025 is overdone; the company trades at the lowest EV/EBITDA multiple among peers and has a clear debt reduction strategy. RCI's high debt stems from acquiring Shaw Communications and potentially MLSE; however, synergies and strategic benefits are expected to help drive future growth. A potential $7 billion structured equity investment and strong free cash flow will aid debt reduction, positioning Rogers to improve its financial standing relative to Bell and Telus. Rogers' disciplined capital allocation and lower dividend payout ratio enhance financial flexibility, potentially leading to EV/EBITDA multiple re-rating above peers if debt reduction is successful. Read the full article on Seeking Alpha
Seeking Alpha • Sep 27

Rogers Communications Continues To Execute

Summary I maintain a strong buy rating on Rogers Communications with a price target of $52.00, reflecting a 29% upside from today's pricing. Strong Q1 earnings, early synergy savings, and disciplined pricing support Rogers' undervaluation and robust dividend payout. Rogers' 5G Home Internet and cost reductions enhance growth potential, with additional margin opportunities from ongoing efficiencies and reduced capital expenses. Competitive risks are mitigated by Rogers' brand perception moat, improved balance sheet, and strategic execution in the wireless and cable segments. Read the full article on Seeking Alpha
Seeking Alpha • Jul 03

Rogers Communications: Improving Outlook And Progress On Shaw Integration (Upgrade)

Summary Rogers Communications is a major telecommunications company in Canada with a large customer base and a dominant market position. RCI operates in a regulated industry, which limits competition but also requires investment in underserved areas. The combination of business improvements, an improving outlook, and a 20% drop in shares indicates the worst may be behind the company. APRU growth, margin expansion, and higher than expected synergies being realized are reasons to be bullish, but the capex and leverage concerns persist. Read the full article on Seeking Alpha
Seeking Alpha • Apr 27

Rogers Communications Q1 Earnings: Nothing But Good News

Summary Q1 earnings for Rogers Communications exceeded expectations, with adjusted EPS of $0.73 and service revenue growth of 28% year-over-year. The completion of $1 billion of synergy activities within the quarter delivered strong results, with Adjusted EBITDA outpacing service revenue growth. The potential for growth from 5G Home Internet and accelerated deleveraging make Rogers Communications a strong buy with a price target of $51.80. Read the full article on Seeking Alpha
Seeking Alpha • Jan 18

Rogers Communications: The Worst Of The Canadian Telecommunications Giants

Summary Rogers Communications is losing customers to competitors, impacting growth and profitability. The regulatory environment for telecommunications companies in Canada is becoming less favorable, potentially leading to lower prices and reduced profitability. The recent actions of the Rogers family in the company's governance raise concerns about shareholder interests and the level of control they have over the company. With a highly levered balance sheet and high capex costs, I would stay away from Rogers' shares today. Read the full article on Seeking Alpha

CEO Compensation Analysis

How has Tony Staffieri's remuneration changed compared to Rogers Communications's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2026n/an/a

CA$7b

Dec 31 2025CA$15mCA$2m

CA$7b

Sep 30 2025n/an/a

CA$7b

Jun 30 2025n/an/a

CA$2b

Mar 31 2025n/an/a

CA$2b

Dec 31 2024CA$14mCA$1m

CA$2b

Sep 30 2024n/an/a

CA$2b

Jun 30 2024n/an/a

CA$879m

Mar 31 2024n/an/a

CA$594m

Dec 31 2023CA$13mCA$1m

CA$849m

Sep 30 2023n/an/a

CA$1b

Jun 30 2023n/an/a

CA$1b

Mar 31 2023n/an/a

CA$2b

Dec 31 2022CA$32mCA$1m

CA$2b

Sep 30 2022n/an/a

CA$2b

Jun 30 2022n/an/a

CA$2b

Mar 31 2022n/an/a

CA$2b

Dec 31 2021CA$5mCA$790k

CA$2b

Sep 30 2021n/an/a

CA$2b

Jun 30 2021n/an/a

CA$2b

Mar 31 2021n/an/a

CA$2b

Dec 31 2020CA$4mCA$757k

CA$2b

Sep 30 2020n/an/a

CA$2b

Jun 30 2020n/an/a

CA$2b

Mar 31 2020n/an/a

CA$2b

Dec 31 2019CA$5mCA$770k

CA$2b

Compensation vs Market: Tony's total compensation ($USD10.91M) is about average for companies of similar size in the US market ($USD14.67M).

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

CEO

Tony Staffieri (61 yo)

4.7yrs
Tenure
CA$15,447,931
Compensation

Mr. Anthony Staffieri, also known as Tony, FCPA, FCA, has been the President, Chief Executive Officer and Director of Shaw Communications Inc. He is President, CEO and Director of Rogers Communications Inc...

Leadership Team

NamePositionTenureCompensationOwnership
Edward Rogers
Executive Chairman29.2yrsCA$5.62m0.44%
$ 78.9m
Anthony Staffieri
President4.7yrsCA$15.45m0.00064%
$ 114.4k
Glenn Brandt
Chief Financial Officer4.5yrsCA$3.84m0.00063%
$ 112.6k
Mahes Wickramasinghe
President of Group Operations2.4yrsCA$4.06m0.00099%
$ 177.0k
Bret Leech
President of Residential2.4yrsCA$3.44m0.00052%
$ 93.0k
Mark Kennedy
Chief Technology Officer1.8yrsno data0.00023%
$ 41.1k
Iain Kennedy
Chief Information & Cyber Security Officer1.8yrsno datano data
Paul Carpino
Vice President of Investor Relationsno datano datano data
Marisa Wyse
Chief Legal Officer & Corporate Secretary4.5yrsno data0.000010%
$ 1.8k
Terrie Tweddle
Chief Brand & Communications Officer3.3yrsno datano data
Marisa Fabiano
Chief Human Resources Officer2.4yrsno data0%
$ 0
Thomas Turner
President of Business4yrsno data0.00018%
$ 32.2k
2.4yrs
Average Tenure
61yo
Average Age

Experienced Management: RCI's management team is considered experienced (2.4 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Edward Rogers
Executive Chairman29.2yrsCA$5.62m0.44%
$ 78.9m
Anthony Staffieri
President4.5yrsCA$15.45m0.00064%
$ 114.4k
John Tory
Independent Director2.3yrsCA$225.81k0.035%
$ 6.3m
Jan Innes
Independent Director4.8yrsCA$255.06k0.00018%
$ 32.2k
David Robinson
Independent Director4.3yrsCA$232.36k0.0011%
$ 196.7k
Bradley Shaw
Non-Independent Director3.3yrsCA$17.53m0.55%
$ 97.8m
Ivan Fecan
Independent Director4.8yrsCA$256.86k0.0020%
$ 364.7k
Michael Cooper
Independent Director4.8yrsCA$218.81kno data
Robert Gemmell
Independent Lead Director9.3yrsCA$317.36k0.0074%
$ 1.3m
Trevor English
Independent Director3.3yrsCA$229.81k0.00090%
$ 160.9k
Mohamed Lachemi
Independent Director4.3yrsCA$224.31kno data
Lisa Rogers
Non-Independent Director3.3yrsCA$218.81kno data
4.4yrs
Average Tenure
62.5yo
Average Age

Experienced Board: RCI's board of directors are considered experienced (4.4 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/12 05:20
End of Day Share Price 2026/07/10 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Rogers Communications Inc. is covered by 29 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Amman SaeedAccountability Research Corporation
David McFadgenATB Cormark
Kannan VenkateshwarBarclays