MULEGEEK TECHNOLOGIESMULEGEEK TECHNOLOGIES
  • 4G
  • 5G
  • Broadcast
  • Education
  • Mobile
  • streaming
  • Software
Facebook Twitter Instagram
Facebook Twitter Instagram
MULEGEEK TECHNOLOGIESMULEGEEK TECHNOLOGIES
  • 4G

    Colorado Opens Doubleheader Weekend by Hosting Swarm Friday

    February 2, 2023

    BSNL Offers Cheapest Postpaid Plan at Rs 199: Check Benefits

    January 31, 2023

    Lamar County Sheriff Inmate Booking Report || Jan. 30, 2023

    January 30, 2023

    Cohere Technologies Receives Funding From Bell Ventures for

    January 30, 2023

    With 5.7% CAGR, Enterprise WLAN Market Size Worth USD 9.59

    January 30, 2023
  • 5G

    Sunil Mittal lauds focus on 5G tech in this year’s Budget

    February 2, 2023

    iQOO 11 5G Review: Does It End Your Quest for the Ultimate Smartphone?

    January 31, 2023

    BSNL moves into the private 5G network space – Developing Telecoms

    January 30, 2023

    Oppo Reno8 T 5G and Enco Air3 set to launch on February 3 in India

    January 30, 2023

    Mafab Communications targets infrastructure sharing to push 5G service

    January 30, 2023
  • Broadcast

    2 former Tigers players joining TV broadcast team in 2023

    February 2, 2023

    Longtime Hawaii sports broadcaster Jim Leahey dies at 80

    January 31, 2023

    BBC Arabic Radio Airs Final Broadcast After 85 Years

    January 30, 2023

    Gracey swaps W Series for SailGP broadcast role

    January 30, 2023

    Lte And 5G Broadcast Market Analysis by Growth Facts and Revenue Figures over 2023 – 2032

    January 30, 2023
  • Education

    How technology will transform global education in 2023

    January 27, 2023

    MassBay Community College Offering Free Computer & Technology Education and Training to Unemployed and Underemployed Workers

    January 27, 2023

    Need to focus on reshaping technology education, says CM Naveen Patnaik

    January 26, 2023

    Tech ed students make cornhole sets for Winter Regatta – WJFW-TV

    January 26, 2023

    Ontario updating curriculum for computer, technological education

    January 24, 2023
  • Mobile

    Nova Labs Launches New IoT Integration Arm, 1663™

    February 2, 2023

    Reforms to enable speedy 5G roll outs, help consumers, Telecom News, ET Telecom

    January 31, 2023

    NXP Semiconductor delivers mixed results as mobile and IoT chip demand falters

    January 31, 2023

    Aalto University starting a new doctoral program with Nokia

    January 30, 2023

    ROSALIND FRANKLIN UNIVERSITY ANNOUNCES $1 MILLION IN NEW FUNDING FROM NORTHSHORE UNIVERSITY HEALTH SYSTEM TO EXPAND MOBILE CLINIC COMMUNITY OUTREACH

    January 30, 2023
  • streaming

    Buy or Bootleg: Save Your Favorite Streaming Media by Any Means Necessary

    February 2, 2023

    'The Adam Project' stands out amongst streaming duds – ECM Publishers

    January 31, 2023

    ‘Kidding’ Removed From Showtime Streaming — Full List of Removed Shows

    January 31, 2023

    ‘WWE Monday Night RAW’ (1/30/23) free live stream: How to watch Season 31, Episode 5 online without cable

    January 30, 2023

    Southwest’s Loss, Comcast’s Growth, and Netflix’s Strategy

    January 30, 2023
  • Software

    Azentio Software recognized as a Notable Vendor in Leading Research Firm’s Digital Banking Engagement Platforms Report

    January 31, 2023

    Hackers Use TrickGate Software to Deploy Emotet, REvil, Other Malware

    January 30, 2023

    Updates To ezPaycheck Software Enables Trucking Companies Start Payroll, Mid-Year Easily

    January 30, 2023

    Major government tech contractors use monopolistic vendor-lock to drive revenue: study

    January 30, 2023

    Calibrite launches brand new monitor calibration software suite

    January 29, 2023
MULEGEEK TECHNOLOGIESMULEGEEK TECHNOLOGIES
Home»Mobile»FY2022 EPS Estimates for Rogers Communications Inc. Increased by Cormark (NYSE:RCI)
Mobile

FY2022 EPS Estimates for Rogers Communications Inc. Increased by Cormark (NYSE:RCI)

By mulegeek-January 31, 2022No Comments5 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email

Rogers Communications Inc. (NYSE:RCI) (TSE:RCI.B) – Equities research analysts at Cormark increased their FY2022 EPS estimates for Rogers Communications in a research report issued on Friday, January 28th. Cormark analyst D. Mcfadgen now expects that the Wireless communications provider will earn $3.37 per share for the year, up from their prior estimate of $3.22. Cormark also issued estimates for Rogers Communications’ FY2023 earnings at $3.80 EPS. Rogers Communications (NYSE:RCI) (TSE:RCI.B) last released its earnings results on Thursday, January 27th. The Wireless communications provider reported $0.96 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.74 by $0.22. Rogers Communications had a net margin of 11.09% and a return on equity of 18.12%. The firm had revenue of $3.92 billion during the quarter, compared to analyst estimates of $3.85 billion. During the same quarter in the previous year, the business earned $0.76 EPS. The business’s revenue was up 6.5% on a year-over-year basis.

A number of other research firms have also commented on RCI. TD Securities boosted their price target on shares of Rogers Communications from C$70.00 to C$75.00 in a research report on Friday. Desjardins upgraded shares of Rogers Communications from a “hold” rating to a “buy” rating in a research report on Friday. Royal Bank of Canada lowered shares of Rogers Communications from an “outperform” rating to a “sector perform” rating in a research report on Monday, October 25th. BMO Capital Markets increased their price objective on shares of Rogers Communications from C$68.00 to C$72.00 in a report on Friday. Finally, National Bank Financial increased their price objective on shares of Rogers Communications from C$69.00 to C$74.00 in a report on Friday. Two equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Buy” and a consensus price target of $71.25.

(Ad)

Aggressive exploration in proven districts may catapult this lithium explorer to the top.

NYSE:RCI opened at $51.07 on Monday. The firm has a market cap of $25.79 billion, a PE ratio of 20.68, a price-to-earnings-growth ratio of 2.36 and a beta of 0.50. Rogers Communications has a 12 month low of $43.18 and a 12 month high of $53.90. The company has a quick ratio of 0.73, a current ratio of 0.78 and a debt-to-equity ratio of 1.44. The company’s 50-day moving average price is $47.22 and its two-hundred day moving average price is $48.36.

The company also recently announced a quarterly dividend, which will be paid on Friday, April 1st. Shareholders of record on Thursday, March 10th will be issued a $0.396 dividend. This represents a $1.58 annualized dividend and a yield of 3.10%. The ex-dividend date is Wednesday, March 9th. Rogers Communications’s dividend payout ratio is currently 63.16%.

Institutional investors have recently made changes to their positions in the stock. OMERS ADMINISTRATION Corp boosted its position in Rogers Communications by 0.8% during the 2nd quarter. OMERS ADMINISTRATION Corp now owns 33,665 shares of the Wireless communications provider’s stock worth $1,792,000 after buying an additional 251 shares during the period. Advisors Management Group Inc. ADV lifted its position in shares of Rogers Communications by 0.7% during the 3rd quarter. Advisors Management Group Inc. ADV now owns 38,709 shares of the Wireless communications provider’s stock valued at $1,805,000 after acquiring an additional 267 shares during the period. Natixis Advisors L.P. lifted its position in shares of Rogers Communications by 1.3% during the 2nd quarter. Natixis Advisors L.P. now owns 22,708 shares of the Wireless communications provider’s stock valued at $1,207,000 after acquiring an additional 297 shares during the period. American Century Companies Inc. increased its stake in Rogers Communications by 1.8% during the 3rd quarter. American Century Companies Inc. now owns 20,271 shares of the Wireless communications provider’s stock valued at $947,000 after purchasing an additional 357 shares in the last quarter. Finally, Advisor Partners LLC increased its stake in Rogers Communications by 10.7% during the 2nd quarter. Advisor Partners LLC now owns 5,043 shares of the Wireless communications provider’s stock valued at $268,000 after purchasing an additional 486 shares in the last quarter. 42.28% of the stock is currently owned by institutional investors.

About Rogers Communications

Rogers Communications Inc operates as a communications and media company in Canada. It operates through three segments: Wireless, Cable, and Media. The company offers mobile Internet access, wireless voice and enhanced voice, device and accessory financing, wireless home phone, device protection, text messaging, e-mail, global voice and data roaming, bridging landline, machine-to-machine and Internet of Things solutions, and advanced wireless solutions for businesses, as well as device delivery services; and postpaid and prepaid services under the Rogers, Fido, and chatr brands to approximately 10.9 million subscribers.

Further Reading: Asset Allocation

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to [email protected]

Should you invest $1,000 in Rogers Communications right now?

Before you consider Rogers Communications, you’ll want to hear this.

MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on… and Rogers Communications wasn’t on the list.

While Rogers Communications currently has a “Buy” rating among analysts, top-rated analysts believe these five stocks are better buys.

View The 5 Stocks Here

 

analyst earnings estimates instant alerts NYSE:RCI Rogers Communications
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
mulegeek-
  • Website

Related Posts

Nova Labs Launches New IoT Integration Arm, 1663™

February 2, 2023

Reforms to enable speedy 5G roll outs, help consumers, Telecom News, ET Telecom

January 31, 2023

NXP Semiconductor delivers mixed results as mobile and IoT chip demand falters

January 31, 2023

Leave A Reply Cancel Reply

Categories
  • 4G
  • 5G
  • Broadcast
  • Education
  • Mobile
  • Software
  • streaming

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

Nova Labs Launches New IoT Integration Arm, 1663™

February 2, 2023

Buy or Bootleg: Save Your Favorite Streaming Media by Any Means Necessary

February 2, 2023

Colorado Opens Doubleheader Weekend by Hosting Swarm Friday

February 2, 2023

Sunil Mittal lauds focus on 5G tech in this year’s Budget

February 2, 2023
Facebook Twitter Instagram Pinterest
  • About Us
  • Cookies policy
  • Terms of services
  • Contact us
  • DIsclaimer
© 2023Designed by mulegeek.

Type above and press Enter to search. Press Esc to cancel.

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit "Cookie Settings" to provide a controlled consent.
Cookie SettingsAccept All
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT