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Globe Newswire (Thu, 25-Apr 11:00 AM ET)
Rogers Communications Announces Voting Results from Annual and Special Meeting of Shareholders
Globe Newswire (Wed, 24-Apr 8:45 PM ET)
Rogers to Bring World-Class Comcast and Xfinity Products to Canada
Globe Newswire (Wed, 24-Apr 11:15 AM ET)
Rogers Communications Reports First Quarter 2024 Results
Globe Newswire (Wed, 24-Apr 7:00 AM ET)
Rogers Communications Declares 50 Cents per Share Quarterly Dividend
Globe Newswire (Wed, 24-Apr 7:00 AM ET)
Rogers $1M Season of Canada's Got Talent: Top Performances from Tonight's Episode on Citytv
Globe Newswire (Tue, 16-Apr 9:05 PM ET)
Rogers Collaborates with CableLabs to Develop Industry-Leading Network Technology for Canadians
Globe Newswire (Tue, 9-Apr 2:30 PM ET)
The Curling Group Acquires Ownership of Grand Slam of Curling from Sportsnet
PRNewswire (Tue, 9-Apr 10:25 AM ET)
Rogers Communications 1Q24 Investment Community Teleconference April 24, 2024 at 8:00 a.m. ET
Globe Newswire (Wed, 27-Mar 5:00 PM ET)
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.
Rogers Communications trades on the NYSE stock market under the symbol RCI.
As of May 6, 2024, RCI stock price climbed to $38.75 with 857,511 million shares trading.
RCI has a beta of 0.93, meaning it tends to be less sensitive to market movements. RCI has a correlation of 0.24 to the broad based SPY ETF.
RCI has a market cap of $20.59 billion. This is considered a Large Cap stock.
Last quarter Rogers Communications reported $4 billion in Revenue and $.73 earnings per share. This beat revenue expectation by $56 million and exceeded earnings estimates by $.01.
In the last 3 years, RCI stock traded as high as $64.55 and as low as $36.23.
The top ETF exchange traded funds that RCI belongs to (by Net Assets): FVD, TDIV, KOMP, DFIC, FTHI.
RCI has underperformed the market in the last year with a price return of -17.1% while the SPY ETF gained +28.3%. RCI has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -17.0% and +0.5%, respectively, while the SPY returned +4.8% and +4.3%, respectively.
RCI support price is $37.92 and resistance is $38.94 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that RCI stock will trade within this expected range on the day.