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Rogers Communications Inc. (RCI-B.TO)

CAD47.60 +1.26 (+2.72%)
CA TSX Communication Services Telecommunications Services
Address 333 Bloor Street East M4W 1G9
Toronto, ON, CA
CEO Anthony Staffieri
Website rogers.com
IPO 1995-01-12
ISIN CA7751092007

Explore sections of this company profile

Also trades on New York Stock Exchange · RCI (USD) Other OTC · RCIAF (USD) Toronto Stock Exchange · RCI-A.TO (CAD) Toronto Stock Exchange · RCI-B.TO (CAD)
Description

Rogers Communications Inc., a prominent Canadian entity, specializes in a broad spectrum of telecommunications and media services. Its operations are structured into three primary divisions: Wireless, Cable, and Media. Within its Wireless segment, Rogers provides a comprehensive suite of services, including mobile internet connectivity, traditional and advanced voice communication options, and device-related services like financing, protection plans, and delivery. It also facilitates global voice and data roaming, offers wireless home phone solutions, email, and specialized offerings such as machine-to-machine (M2M) and Internet of Things (IoT) technologies, alongside advanced wireless solutions tailored for businesses. These services, available as both postpaid and prepaid plans, are marketed under its Rogers, Fido, and chatr brands, serving approximately 11.3 million subscribers. The company's Cable division delivers high-speed internet and Wi-Fi services, complemented by smart home monitoring offerings that encompass security, automation, energy management, and intelligent control features accessible via a smartphone application. Beyond consumer services, Rogers extends into residential and small business telephony, providing local phone services with essential features like voicemail, call waiting, and long-distance capabilities. For larger enterprises, it delivers sophisticated voice, data networking, and internet protocol services, including private networking, cloud solutions, optical wave, and multi-protocol label switching (MPLS) services, alongside broader IT and network technologies, and cable access network services. Furthermore, its extensive Media segment offers a wide array of television services, ranging from local and national broadcasts to on-demand content and various recording options, including cloud-based DVRs and personal video recorders. Customers benefit from features like voice-activated remote controls, integrated applications, and access to linear, time-shifted, digital specialty, and 4K programming. Content is also accessible across multiple devices, including smartphones, tablets, and personal computers, notably through its proprietary Ignite TV platform and app. The company's media footprint also includes ownership of the Toronto Blue Jays baseball team and the Rogers Centre entertainment venue. Additionally, it operates a suite of television networks such as Sportsnet ONE, Sportsnet 360, Sportsnet World, Citytv, OMNI, FX (Canada), FXX (Canada), and OLN, complemented by a portfolio of 55 AM and FM radio stations. Established in 1960, Rogers Communications Inc. maintains its headquarters in Toronto, Canada.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
CAD47.60 +1.26 (+2.72%)
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Volume Profile
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Liquidity & share structure
Average Volume
2M
Beta
0.79
Float Shares
480.76M
Free Float %
89.0%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-0.33% +2.90% +9.17% +1.33% +8.12% +4.07% +43.56% -6.44% -13.81% +9.75% +507.21%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Analyst Consensus (25 ratings, all time) Buy
Price Targets & DCF
Current price
47.60
DCF (Unlevered) 684.90 +1,338.9%
DCF (Levered) 36.59 -23.1%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 71% Bullish
Rating 2026-05 Change
Strong Buy 5 0
Buy 7 0
Hold 3 -2
Sell 1 0
Strong Sell 1 0
Quality scores
Altman Z-Score
1.05
Distress
Piotroski F-Score
4 / 9
Average
MOAT Score
6 / 10
Developing
Composite Rating
A-
Overall Score
4 / 5
High
DCF Score
3 / 5
Medium
ROE Score
5 / 5
High
ROA Score
5 / 5
High
D/E Score
1 / 5
Low
P/E Score
3 / 5
Medium
P/Book Score
3 / 5
Medium
Operational MOAT
✗ Below peers
  • Revenue growth Telecommunications Services: +7.0%
    +5.4% Q1'26: +10.2% (vs Q1'25)
  • EPS growth Telecommunications Services: +15.8%
    +298.1% Q1'26: +55.8% (vs Q1'25)
  • FCF margin FCF growth · Telecommunications Services: +29.4%
    +34.5% Q1'26: +12.0% (vs Q1'25)
  • EBIT margin Telecommunications Services: +14.7%
    +45.4% Q1'26: +22.1% (vs Q1'25)
  • ROIC Telecommunications Services: +6.4%
    +12.8% Q1'26: +5.3% (vs Q1'25)
  • Share dilution Telecommunications Services: +0.0%
    +0.8% Q1'26: +0.7% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Telecommunications Services: 1.26×
    3.16× Q1'26: 4.51× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.79) × ERP
WACC = 38% × Ke + 62% × Kd (4.8%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 682.77 Current price: 47.60
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2015
actual
Dec 2016
actual
Dec 2017
actual
Dec 2018
actual
Dec 2019
actual
Dec 2020
actual
Dec 2021
actual
Dec 2022
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
15 Rev. Ana.
16 EPS Ana.
Dec 2027
14 Rev. Ana.
15 EPS Ana.
Dec 2028
6 Rev. Ana.
7 EPS Ana.
Revenue
13.41B
est: 13.45B (-0.3%)
13.70B
est: 13.76B (-0.4%)
14.14B
est: 14.14B (+0.0%)
15.10B
est: 15.03B (+0.4%)
15.07B
est: 15.07B (+0.0%)
13.92B
est: 14.02B (-0.7%)
14.66B
est: 14.59B (+0.5%)
15.40B
est: 15.38B (+0.1%)
19.31B
est: 19.26B (+0.3%)
20.60B
est: 20.53B (+0.4%)
21.71B
est: 21.54B (+0.8%)
22.55B
22.39B – 22.82B
+4.7% YoY
22.85B
22.61B – 23.10B
+1.3% YoY
23.25B
23.05B – 23.52B
+1.8% YoY
EBITDA
4.97B
est: 5.52B (-10.1%)
5.02B
est: 5.65B (-11.1%)
5.49B
est: 5.80B (-5.4%)
5.97B
est: 6.17B (-3.2%)
6.03B
est: 6.19B (-2.6%)
5.54B
est: 5.75B (-3.8%)
5.63B
est: 5.99B (-6.0%)
6.12B
est: 6.31B (-3.1%)
8.22B
est: 7.90B (+4.0%)
9.21B
est: 17.24B (-46.5%)
14.74B
est: 18.09B (-18.5%)
18.94B
18.80B – 19.16B
+4.7% YoY
19.19B
18.98B – 19.39B
+1.3% YoY
19.52B
19.35B – 19.75B
+1.8% YoY
EBIT
2.69B
est: 3.15B (-14.7%)
2.75B
est: 3.22B (-14.9%)
3.35B
est: 3.31B (+1.0%)
3.76B
est: 3.52B (+6.7%)
3.71B
est: 3.53B (+5.1%)
3.14B
est: 3.29B (-4.6%)
3.29B
est: 3.42B (-3.9%)
3.82B
est: 3.61B (+5.9%)
4.47B
est: 4.51B (-0.9%)
5.01B
est: 12.61B (-60.3%)
9.85B
est: 13.23B (-25.5%)
13.85B
13.75B – 14.01B
+4.7% YoY
14.03B
13.88B – 14.18B
+1.3% YoY
14.28B
14.15B – 14.44B
+1.8% YoY
Net Income
1.38B
est: 1.57B (-12.0%)
835.00M
est: 1.54B (-45.7%)
1.71B
est: 1.85B (-7.7%)
2.06B
est: 2.29B (-9.9%)
2.04B
est: 2.23B (-8.5%)
1.59B
est: 1.81B (-12.2%)
1.56B
est: 1.90B (-17.8%)
1.68B
est: 1.96B (-14.1%)
849.00M
est: 2.41B (-64.8%)
1.73B
est: 2.67B (-35.0%)
6.89B
est: 2.65B (+160.6%)
2.54B
2.23B – 2.87B
-4.2% YoY
2.73B
2.40B – 3.05B
+7.7% YoY
2.91B
2.88B – 2.96B
+6.7% YoY
SGA
11.00M
est: 7.72M (+42.4%)
9.00M
est: 7.90M (+14.0%)
12.00M
est: 8.12M (+47.8%)
14.00M
est: 8.63M (+62.3%)
11.00M
est: 8.65M (+27.2%)
13.00M
est: 8.05M (+61.6%)
2.18B
est: 8.37M (+25,946.4%)
1.00M
est: 8.83M (-88.7%)
13.00M
est: 11.05M (+17.6%)
5.00M
est: 615.09M (-99.2%)
est: 645.50M (-100.0%)
675.64M
670.93M – 683.67M
+4.7% YoY
684.64M
677.31M – 692.02M
+1.3% YoY
696.65M
690.48M – 704.54M
+1.8% YoY
EPS
2.61
est: 2.93 (-11.0%)
1.62
est: 2.87 (-43.6%)
3.58
est: 3.47 (+3.3%)
4.00
est: 4.27 (-6.4%)
3.99
est: 4.18 (-4.4%)
3.15
est: 3.39 (-7.1%)
3.09
est: 3.54 (-12.8%)
3.33
est: 3.66 (-9.0%)
1.62
est: 4.51 (-64.1%)
3.25
est: 4.95 (-34.4%)
12.77
est: 4.91 (+160.2%)
4.70
4.13 – 5.33
-4.2% YoY
5.07
4.45 – 5.66
+7.7% YoY
5.41
5.34 – 5.49
+6.7% YoY
Recent Grade Changes (3M)
Date Firm Previous New Grade Action
2026-04-23 RBC Capital Outperform Outperform Maintain
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-06-12 A- 4/5 3/5 5/5 5/5 1/5 3/5 3/5
2026-06-11 A- 4/5 3/5 5/5 5/5 1/5 3/5 3/5
2026-06-10 A- 4/5 3/5 5/5 5/5 1/5 3/5 3/5
2026-06-09 A- 4/5 3/5 5/5 5/5 1/5 3/5 3/5
2026-06-08 A- 4/5 3/5 5/5 5/5 1/5 3/5 3/5
2026-06-05 A- 4/5 3/5 5/5 5/5 1/5 3/5 3/5
2026-06-04 A- 4/5 3/5 5/5 5/5 1/5 3/5 3/5
2026-06-03 A- 4/5 3/5 5/5 5/5 1/5 3/5 3/5
2026-06-02 A- 4/5 3/5 5/5 5/5 1/5 3/5 3/5
2026-06-01 A- 4/5 3/5 5/5 5/5 1/5 3/5 3/5
2026-05-28 A- 4/5 3/5 5/5 5/5 1/5 3/5 3/5
2026-05-27 A- 4/5 3/5 5/5 5/5 1/5 3/5 3/5
2026-05-26 A- 4/5 3/5 5/5 5/5 1/5 3/5 3/5
2026-05-25 A- 4/5 3/5 5/5 5/5 1/5 3/5 3/5
2026-05-22 A- 4/5 3/5 5/5 5/5 1/5 3/5 3/5
2026-05-21 A- 4/5 3/5 5/5 5/5 1/5 3/5 3/5
2026-05-20 A- 4/5 3/5 5/5 5/5 1/5 3/5 3/5
2026-05-19 A- 4/5 3/5 5/5 5/5 1/5 3/5 3/5
2026-05-15 A- 4/5 3/5 5/5 5/5 1/5 3/5 3/5
2026-05-14 A- 4/5 3/5 5/5 5/5 1/5 3/5 3/5
2026-05-13 A- 4/5 3/5 5/5 5/5 1/5 3/5 3/5
2026-05-12 A- 4/5 3/5 5/5 5/5 1/5 3/5 3/5
2026-05-11 A- 4/5 3/5 5/5 5/5 1/5 3/5 3/5
2026-05-08 A- 4/5 3/5 5/5 5/5 1/5 4/5 3/5
2026-05-07 A- 4/5 3/5 5/5 5/5 1/5 4/5 3/5
2026-05-06 A- 4/5 3/5 5/5 5/5 1/5 4/5 3/5
2026-05-05 A- 4/5 3/5 5/5 5/5 1/5 4/5 3/5
2026-05-04 A- 4/5 3/5 5/5 5/5 1/5 4/5 3/5
2026-05-01 A- 4/5 3/5 5/5 5/5 1/5 4/5 3/5
2026-04-30 A- 4/5 3/5 5/5 5/5 1/5 4/5 3/5
2026-04-29 A- 4/5 3/5 5/5 5/5 1/5 4/5 3/5
2026-04-28 A- 4/5 3/5 5/5 5/5 1/5 4/5 3/5
2026-04-27 A- 4/5 3/5 5/5 5/5 1/5 4/5 3/5
2026-04-24 A- 4/5 3/5 5/5 5/5 1/5 4/5 3/5
2026-04-23 A- 4/5 3/5 5/5 5/5 1/5 4/5 3/5
2026-04-22 A- 4/5 3/5 5/5 5/5 1/5 4/5 3/5
2026-04-21 A- 4/5 3/5 5/5 5/5 1/5 3/5 3/5
2026-04-20 A- 4/5 3/5 5/5 5/5 1/5 3/5 3/5
2026-04-17 A- 4/5 3/5 5/5 5/5 1/5 3/5 3/5
2026-04-16 A- 4/5 3/5 5/5 5/5 1/5 3/5 3/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
4.29B
OE per share TTM
7.93
Owner's Yield
14.72%
Maintenance CapEx ratio
56.24%
Maint CapEx / Avg PPE
111.0%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 153 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 BMO Covered Call Utilities ETF ZWU.TO 3.79% 59.17M 0.71%
2 iShares Core MSCI Canadian Quality Dividend Index ETF XDIV.TO 2.32% 94.86M 0.11%
3 BMO Low Volatility Canadian Equity ETF ZLB.TO 2.11% 92.81M 0.39%
4 BMO Canadian High Dividend Covered Call ETF ZWC.TO 2.04% 34.83M 0.72%
5 iShares S&P/TSX Composite High Dividend Index ETF XEI.TO 1.58% 47.59M 0.22%
6 Desjardins RI Canada Multifactor - Net-Zero Emissions Pathway ETF DRFC.TO 1.44% 3.76M 0.40%
7 BMO Canadian Dividend ETF ZDV.TO 1.41% 18.58M 0.39%
8 iShares MSCI Min Vol Canada Index ETF XMV.TO 0.93% 2.58M 0.34%
9 VictoryShares International Free Cash Flow ETF IFLO 0.86% 1.59M 1.05%
10 iShares Canadian Value Index ETF XCV.TO 0.81% 1.43M 0.55%

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
410.5K
Shares Outstanding
540.23M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Anthony Staffieri FCPA President, Chief Executive Officer & Director 4M male
Edward S. Rogers Executive Chairman 3M male
Mahes S. Wickramasinghe President of Group Operations 2M male
Glenn A. Brandt Chief Financial Officer 1M male
Bret D. Leech President of Residential 1M male
Marisa Fabiano Chief Human Resources Officer female
Marisa L. Wyse Chief Legal Officer & Corporate Secretary female
Mark Kennedy Chief Technology Officer male
Paul Carpino Vice President of Investor Relations male
Terrie L. Tweddle Chief Brand & Communications Officer female
Iain Kennedy Chief Information & Cyber Security Officer male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits