Rogers Communications
About: Rogers Communications is the largest wireless service provider in Canada, with its more than 11 million subscribers equating to one-third of the total Canadian market. Its wireless business accounted for more than half of total revenue and has increasingly been providing a bigger portion of total company sales over the last several years. Rogers' cable segment, which provides about 35% of total revenue after acquiring Shaw, offers home internet, television, and landline phone service to consumers and businesses. Remaining sales come from Rogers' media unit, which owns and operates various television and radio stations and the Toronto Blue Jays. Rogers' significant exposure to sports also includes ownership stakes in the Toronto Maple Leafs, Raptors, FC, and Argonauts.
Employees: 24,000
0
Funds holding %
of 7,323 funds
–
Analysts bullish %
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
47% more repeat investments, than reductions
Existing positions increased: 112 | Existing positions reduced: 76
25% more funds holding in top 10
Funds holding in top 10: 4 [Q4 2024] → 5 (+1) [Q1 2025]
1.6% more ownership
Funds ownership: 56.92% [Q4 2024] → 58.52% (+1.6%) [Q1 2025]
5% less funds holding
Funds holding: 260 [Q4 2024] → 248 (-12) [Q1 2025]
10% less capital invested
Capital invested by funds: $7.43B [Q4 2024] → $6.7B (-$726M) [Q1 2025]
15% less first-time investments, than exits
New positions opened: 34 | Existing positions closed: 40
47% less call options, than puts
Call options by funds: $226M | Put options by funds: $426M
Research analyst outlook
We haven’t received any recent analyst ratings for RCI.
Financial journalist opinion
Based on 18 articles about RCI published over the past 30 days
Positive
Seeking Alpha
5 days ago
Rogers Communications: Still Faces ARPU Pressure, But Valuation Suggests More Upside
Rogers' stock has surged recently on improved margins, stable revenue, low tariff exposure, and a favourable valuation, all supporting a continued bullish view. Wireless and cable segments are showing margin growth despite revenue headwinds, while user growth remains stable even as ARPU comes under competitive pressure. Future growth will rely on ARPU recovery and subscriber expansion, with bundling strategies and network quality supporting long-term top-line and margin improvements.
Positive
Zacks Investment Research
5 days ago
Rogers Communications Q2 Earnings Beat Estimates, Revenues Rise Y/Y
RCI beats Q2 earnings estimates as Wireless, Cable and Media revenues climb, lifting free cash flow nearly 39% year over year.
Neutral
Seeking Alpha
6 days ago
Rogers Communications Inc. (RCI) Q2 2025 Earnings Call Transcript
Rogers Communications Inc. (NYSE:RCI ) Q2 2025 Earnings Conference Call July 23, 2025 8:00 AM ET Company Participants Anthony Staffieri - President, CEO & Director Glenn A. Brandt - Chief Financial Officer Paul Carpino - Vice President of Investor Relations Conference Call Participants Aravinda Suranimala Galappatthige - Canaccord Genuity Corp., Research Division Batya Levi - UBS Investment Bank, Research Division David John McFadgen - Cormark Securities Inc., Research Division Drew McReynolds - RBC Capital Markets, Research Division Jerome Dubreuil - Desjardins Securities Inc., Research Division Maher Yaghi - Scotiabank Global Banking and Markets, Research Division Matthew Griffiths - BofA Securities, Research Division Patrick Ho - Unidentified Company Stephanie Doris Price - CIBC Capital Markets, Research Division Tim Casey - BMO Capital Markets Equity Research Vince Valentini - TD Cowen, Research Division Operator Thank you for standing by.
Positive
Zacks Investment Research
6 days ago
Rogers Communication (RCI) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
Although the revenue and EPS for Rogers Communication (RCI) give a sense of how its business performed in the quarter ended June 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Positive
Zacks Investment Research
6 days ago
Rogers Communication (RCI) Q2 Earnings Surpass Estimates
Rogers Communication (RCI) came out with quarterly earnings of $0.82 per share, beating the Zacks Consensus Estimate of $0.8 per share. This compares to earnings of $0.85 per share a year ago.
Positive
Reuters
6 days ago
Canada's Rogers Communications beats quarterly revenue estimates
Canadian wireless giant Rogers Communications beat Wall Street expectations for second-quarter revenue on Wednesday, helped by the adoption of higher-priced mobile bundles and a strong performance in its media segment.
Neutral
GlobeNewsWire
6 days ago
Rogers Communications Reports Second Quarter 2025 Results
Rogers delivers strong results and completion of transformational investments in the second quarter Reports growth in revenue and adjusted EBITDA in Wireless, Cable, and Media and delivers strong free cash flow Significantly accelerated deleveraging with completion of equity investment transaction by leading institutional investors Becomes majority owner of Maple Leaf Sports & Entertainment Delivers positive financial performance in competitive market Total service revenue and adjusted EBITDA up 2% Both Wireless service revenue and adjusted EBITDA up 1% Cable service revenue up 1%; Cable adjusted EBITDA up 3% Media revenue up 10% driven by expanded media content and strong NHL playoff audiences on Sportsnet Free cash flow of $925 million1, up $260 million or 39% year-over-year Strong and disciplined market share performance in both Wireless and Internet Added 61,000 total mobile phone net subscriber additions, including 35,000 postpaid Postpaid churn of 1.00%, down 7 basis points; mobile phone blended ARPU of $55.451 Strong retail Internet net additions of 26,000 Delivers strong balance sheet management with accelerated deleveraging; June 30 debt leverage ratio of 3.6x 1 , improved by almost one full turn since the beginning of the year Becomes 75% majority owner of iconic Maple Leaf Sports & Entertainment with successful July 1 closing of additional 37.5% ownership stake acquisition Rogers estimated pro forma calendar 2025 Media revenue and adjusted EBITDA including MLSE would be approximately $3.9 billion and $250 million, respectively Company estimates value of its sports and media assets in excess of $15 billion; committed to unlocking the significant and unrecognized value in world-class sports assets Company updates 2025 outlook to reflect MLSE acquisition and completion of equity investment for remaining six months of 2025 Total service revenue expected to grow by 3% to 5% versus prior outlook of 0% to 3% Adjusted EBITDA unchanged at 0% to 3% reflecting seasonality of MLSE results in the second half of the year versus first half of the year Capex expected to be approximately $3.8 billion versus prior range of $3.8 billion to $4.0 billion Free cash flow of $3.0 billion to $3.2 billion unchanged including impact of equity investment transaction TORONTO, July 23, 2025 (GLOBE NEWSWIRE) -- Rogers Communications Inc. (TSX: RCI.A and RCI.B; NYSE: RCI) today announced its unaudited financial and operating results for the second quarter ended June 30, 2025. "In the second quarter, Rogers reported strong financial performance delivering growth in Wireless, Cable, and Media," said Tony Staffieri, President and CEO.
Neutral
GlobeNewsWire
6 days ago
Rogers Communications Declares 50 Cents per Share Quarterly Dividend
TORONTO, July 23, 2025 (GLOBE NEWSWIRE) -- Rogers Communications Inc. (TSX: RCI.A and RCI.B) (NYSE: RCI) (“Rogers”) announced that a quarterly dividend totaling 50 cents per share (the “Quarterly Dividend”) has been declared on each of its outstanding Class B Non-Voting shares and Class A Voting shares. The declared Quarterly Dividend will be paid on October 3, 2025 to shareholders of record on September 8, 2025.
Neutral
Zacks Investment Research
1 week ago
Ahead of Rogers Communication (RCI) Q2 Earnings: Get Ready With Wall Street Estimates for Key Metrics
Get a deeper insight into the potential performance of Rogers Communication (RCI) for the quarter ended June 2025 by going beyond Wall Street's top-and-bottom-line estimates and examining the estimates for some of its key metrics.
Neutral
GlobeNewsWire
1 week ago
Rogers Announces Results and Upsize of its Cash Tender Offers for Eight Series of U.S. Dollar Debt Securities
TORONTO, July 21, 2025 (GLOBE NEWSWIRE) -- Rogers Communications Inc. (“Rogers” or the “Company”) (TSX: RCI.A and RCI.B; NYSE: RCI) announced (i) the release of the results of its previously announced eight separate offers (the “Offers”) to purchase for cash any and all of the outstanding notes of each series listed in the table below (collectively, the “Notes”), and (ii) that Rogers is increasing the aggregate Total Consideration payable for all Notes it will accept for purchase in the Offers, excluding accrued but unpaid interest, from the previously announced amount of US$1,250,000,000 to US$1,400,000,000 (the “Consideration Cap Amount”). The increased Consideration Cap Amount is sufficient to enable Rogers to accept for purchase all (1) 4.350% Senior Notes due 2049, (2) 3.700% Senior Notes due 2049, (3) 4.300% Senior Notes due 2048, (4) 4.500% Senior Notes due 2043 and (5) 5.000% Senior Notes due 2044, in each case, that were validly tendered prior to or at the Expiration Date and not validly withdrawn (as well as all of the Notes of such series that were tendered pursuant to the Guaranteed Delivery Procedures).
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