Rogers Communications Inc (RCI) AI Stock Analysis

Rogers Communications Inc. is a Canadian communications and media provider organized into three core divisions: Wireless, Cable, and Media. Its Wireless arm provides mobile voice, data, device financing, and IoT solutions to approximately 11.3 million subscribers under the Rogers, Fido, and chatr brands. The Cable segment offers high-speed Internet, home monitoring, and digital television solutions via Ignite TV. The Media segment features broadcast networks such as Sportsnet and Citytv, along with sports and entertainment properties including the Toronto Blue Jays and the Rogers Centre.

Rogers Communications achieved a five-year revenue CAGR of 9.3% from FY2020 to FY2025. Annual revenue expanded from $14.65B in FY2021 to $21.69B in FY2025, supported by a 25.4% increase in FY2023. Net income rose from $1.56B in FY2021 to $6.89B in FY2025, reaching a net margin of 31.8% and EPS of $5.01. Free cash flow climbed to $2.35B in FY2025 from $1.51B in FY2024. For the latest quarter ended June 30, 2026, quarterly revenue grew 7.7% year-over-year, while quarterly earnings increased 59.5% year-over-year.

As of June 30, 2026, Rogers held $1.73B in cash and short-term investments against $45.72B in total debt, leaving net debt at $43.99B. Total assets stood at $90.34B and shareholders' equity was $16.57B, yielding a debt-to-equity ratio of 2.76 and a current ratio of 0.55. In FY2025, operating cash flow reached $6.05B, which funded $3.70B in capital expenditures and $1.05B in dividends paid, while the 5-year share count increased 6.7%.

At a last close of $31.98 on October 16, 2026, Rogers had a market capitalization of $17.28B and an enterprise value of $49.44B. The stock trades at a trailing P/E of 3.9x and a forward P/E of 9.5x, below the median of its US-listed Communication Services peers at 16.2x and 14.1x, respectively. Its EV-to-EBITDA stands at 4.9x compared to the peer median of 10.0x. Over the past year, the shares returned -10.7%, trailing the S&P 500 (SPY) return of 16.8%.

Rogers pays a quarterly dividend with an annual forward payout of $1.41 per share, representing a dividend yield of 4.40% and a payout ratio of 30.7%. The company has paid consecutive dividends for 24 years, though its dividend recorded an annualized 5-year growth rate of -1.1%. Its last ex-dividend date was September 8, 2026.

Wall Street coverage includes 6 Strong Buy, 8 Buy, 2 Hold, 1 Sell, and 1 Strong Sell ratings. The mean price target of $38.94 reflects a 21.8% upside over the last close of $31.98. For the fiscal year ending December 31, 2026, consensus estimates project EPS of $4.75 and revenue of $22.57B. RCI beat EPS estimates in 3 of the last 4 quarters, with next earnings scheduled for October 23, 2026.

This page is an AI-written research summary of Rogers Communications Inc (RCI). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

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