Latest news with #RogersCommunicationsInc
Toronto Star
6 days ago
- Business
- Toronto Star
Rogers Communications 2Q25 Investment Community Teleconference July 23, 2025 at 8:00 a.m. ET
TORONTO, June 26, 2025 (GLOBE NEWSWIRE) — Rogers Communications Inc. (TSX: RCI.A and RCI.B) (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 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 Alternatively, the teleconference can be accessed by dialing 416-639-5883 (1-844-282-4459 toll free Canada/USA). When prompted, callers are required to enter passcode 3793238# for admittance to the call.
Yahoo
24-06-2025
- Business
- Yahoo
Rogers Communications Inc. (RCI): A Bull Case Theory
We came across a bullish thesis on Rogers Communications Inc. (RCI) on Nugget Capital Partners' Substack. In this article, we will summarize the bulls' thesis on RCI. Rogers Communications Inc. (RCI)'s share was trading at $26.65 as of 9th June. RCI's trailing and forward P/E were 11.27 and 7.73 respectively according to Yahoo Finance. A closeup of a telecom tower with power lines connecting to it, representing the strength and reliability of network services. Rogers Communications (RCI) appears deeply undervalued amid a telecom sector that's fallen out of favor with investors, despite signs of fundamental strength and upcoming catalysts. Chief among these is the potential monetization of its MLSE (Maple Leaf Sports & Entertainment) assets—high-value holdings that generate no EBITDA but could be worth up to $15 billion, according to management. Discussions with institutional investors are reportedly well underway, and while a full sale seems unlikely due to Rogers' NHL broadcasting commitments through 2038, an IPO or partial divestiture could unlock meaningful value. Coupled with the imminent closing of a $9 billion Blackstone equity deal that will reduce leverage by 1x EBITDA, Rogers is transitioning from the highest to the lowest leverage profile among Canadian telecoms. Meanwhile, the sector shows signs of stabilization: ARPU is bottoming, pricing pressures appear to be easing, and the capex-heavy 5G buildout cycle is winding down, which may drive margin expansion. Rogers, Canada's largest wireless provider, also benefits from consistent subscriber growth fueled by immigration, with upside if a new government provides a clearer immigration policy. Trading at historic lows across EV/EBITDA, earnings yield, and price/book, the stock offers an attractive entry point with limited downside, especially given increased institutional interest and insider confidence. While sentiment remains negative post-dividend cut, recent defensive performance during broader market sell-offs supports the view that telecom has likely bottomed. With improving fundamentals, a likely MLSE monetization, and reduced leverage, Rogers offers a compelling asymmetric opportunity in an overlooked asset class. Previously, we covered a standout on Precision Drilling Corporation (PDS) from Nugget Capital Partners, which framed the company as a misunderstood Canadian rig leader with strategic basin exposure, pricing power, and high asset quality. Despite U.S. softness, resilient Canadian demand and strong free cash flow underpin the upside in a depressed valuation. The stock has appreciated by approximately 15% since our coverage. Rogers Communications Inc. (RCI) is not on our list of the 30 Most Popular Stocks Among Hedge Funds. As per our database, 16 hedge fund portfolios held RCI at the end of the first quarter which was 17 in the previous quarter. While we acknowledge the risk and potential of RCI as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock. Disclosure: None. This article was originally published at Insider Monkey.
Yahoo
15-05-2025
- Business
- Yahoo
What Is Rogers Communications Inc.'s (TSE:RCI.B) Share Price Doing?
Today we're going to take a look at the well-established Rogers Communications Inc. (TSE:RCI.B). The company's stock saw significant share price movement during recent months on the TSX, rising to highs of CA$41.29 and falling to the lows of CA$32.92. Some share price movements can give investors a better opportunity to enter into the stock, and potentially buy at a lower price. A question to answer is whether Rogers Communications' current trading price of CA$34.89 reflective of the actual value of the large-cap? Or is it currently undervalued, providing us with the opportunity to buy? Let's take a look at Rogers Communications's outlook and value based on the most recent financial data to see if there are any catalysts for a price change. Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. The share price seems sensible at the moment according to our price multiple model, where we compare the company's price-to-earnings ratio to the industry average. In this instance, we've used the price-to-earnings (PE) ratio given that there is not enough information to reliably forecast the stock's cash flows. We find that Rogers Communications's ratio of 10.68x is trading slightly below its industry peers' ratio of 11.06x, which means if you buy Rogers Communications today, you'd be paying a reasonable price for it. And if you believe Rogers Communications should be trading in this range, then there isn't much room for the share price to grow beyond the levels of other industry peers over the long-term. Furthermore, it seems like Rogers Communications's share price is quite stable, which means there may be less chances to buy low in the future now that it's priced similarly to industry peers. This is because the stock is less volatile than the wider market given its low beta. Check out our latest analysis for Rogers Communications Investors looking for growth in their portfolio may want to consider the prospects of a company before buying its shares. Although value investors would argue that it's the intrinsic value relative to the price that matter the most, a more compelling investment thesis would be high growth potential at a cheap price. With profit expected to grow by 42% over the next couple of years, the future seems bright for Rogers Communications. It looks like higher cash flow is on the cards for the stock, which should feed into a higher share valuation. Are you a shareholder? It seems like the market has already priced in RCI.B's positive outlook, with shares trading around industry price multiples. However, there are also other important factors which we haven't considered today, such as the financial strength of the company. Have these factors changed since the last time you looked at RCI.B? Will you have enough confidence to invest in the company should the price drop below the industry PE ratio? Are you a potential investor? If you've been keeping an eye on RCI.B, now may not be the most advantageous time to buy, given it is trading around industry price multiples. However, the optimistic forecast is encouraging for RCI.B, which means it's worth further examining other factors such as the strength of its balance sheet, in order to take advantage of the next price drop. If you want to dive deeper into Rogers Communications, you'd also look into what risks it is currently facing. For example, we've discovered 1 warning sign that you should run your eye over to get a better picture of Rogers Communications. If you are no longer interested in Rogers Communications, you can use our free platform to see our list of over 50 other stocks with a high growth potential. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
Yahoo
24-04-2025
- Business
- Yahoo
Rogers Communications Announces Voting Results from Annual General Meeting of Shareholders
TORONTO, April 23, 2025 (GLOBE NEWSWIRE) -- Rogers Communications Inc. (TSX: RCI.A and RCI.B) (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 Nominee Result % of Shares Voted For % of Shares Voted Withhold Michael J. Cooper Elected 99.970% 0.030% Trevor English Elected 99.965% 0.035% Ivan Fecan Elected 99.984% 0.016% Robert J. Gemmell Elected 99.984% 0.016% Jan L. Innes Elected 99.994% 0.006% Diane A. Kazarian Elected 99.995% 0.005% Dr. Mohamed Lachemi Elected 99.985% 0.015% David A. Robinson Elected 99.984% 0.016% Edward S. Rogers Elected 99.970% 0.030% Lisa A. Rogers Elected 99.987% 0.013% Bradley S. Shaw Elected 99.984% 0.016% Wayne Sparrow Elected 99.991% 0.009% Tony Staffieri Elected 99.992% 0.008% John H. Tory Elected 99.983% 0.017% A total of 108,598,288 Class A Voting shares, representing approximately 97.70% of the Company's issued and outstanding Class A Voting shares, were voted in connection with the appointment of auditors. Auditors Result % of Shares Voted For % of Shares Voted Withhold KPMG LLP Appointed 99.994% 0.006% For director biographies, please visit About Rogers Communications Inc: Rogers is Canada's leading communications and entertainment company and its shares are publicly traded on the Toronto Stock Exchange (TSX: RCI.A and RCI.B) and on the New York Stock Exchange (NYSE: RCI). For more information, please visit or For further information: Investor Relations 1-844-801-4792
Bloomberg
23-04-2025
- Business
- Bloomberg
Rogers Misses Estimates as Cable Price Competition Intensifies
Rogers Communications Inc. narrowly missed analyst estimates in the first quarter as competitive pricing weighed on its cable business. Canada's largest wireless company earned 99 Canadian cents per share on an adjusted basis, less than the C$1.01 expected by analysts in a Bloomberg survey. Revenue of almost C$5 billion was in line with forecasts.
