Rogers Communication (NYSE:RCI) Announces Quarterly Earnings Results, Beats Estimates By $0.03 EPS

Rogers Communication (NYSE:RCI) (TSE:RCI.B) posted its quarterly earnings data on Wednesday. The Wireless communications provider reported $0.83 earnings per share for the quarter, topping the consensus estimate of $0.80 by $0.03, Zacks reports. The company had revenue of $3.95 billion for the quarter, compared to analysts’ expectations of $3.91 billion. Rogers Communication had a net margin of 32.00% and a return on equity of 12.11%. Rogers Communication’s revenue for the quarter was up 7.6% compared to the same quarter last year. During the same period in the prior year, the business earned $1.14 earnings per share.

Here are the key takeaways from Rogers Communication’s conference call:

• Rogers posted solid Q2 results, with consolidated service revenue up 8%, adjusted EBITDA up 3%, and free cash flow of about CAD 1 billion, up 6% year over year.
• The company continued to drive lower capital intensity, with CapEx down 16% and capital intensity at 12% , the lowest since Q1 2008, and management said this should support stronger free cash flow in the second half and beyond.
• Wireless execution improved despite a tough market, with 40,000 net additions and postpaid churn falling to 0.94%. Management said the company is shifting away from aggressive discounting toward value-based plans and premium service features.
• Rogers Sports & Media delivered standout growth, with revenue up 53% to over CAD 1.2 billion and adjusted EBITDA rising sharply to CAD 69 million. Excluding MLSE, organic sports and media revenue still grew 13%, helped by Blue Jays-related revenue and higher subscriber income.
• Management reaffirmed its plan to acquire the remaining 25% of MLSE in Q4, then sell a minority non-voting stake in the combined sports/media platform, targeting first-half 2027 for monetization. They said proceeds would be used to pay down debt while preserving an investment-grade balance sheet.

Rogers Communication Price Performance

Rogers Communication stock traded up $0.21 during mid-day trading on Thursday, reaching $33.16. The company had a trading volume of 419,781 shares, compared to its average volume of 1,232,261. The company has a current ratio of 0.55, a quick ratio of 0.53 and a debt-to-equity ratio of 1.43. Rogers Communication has a fifty-two week low of $31.38 and a fifty-two week high of $41.14. The company has a market cap of $17.91 billion, a P/E ratio of 3.51, a P/E/G ratio of 4.17 and a beta of 0.64. The business has a fifty day simple moving average of $35.71 and a 200 day simple moving average of $36.63.

Rogers Communication Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, October 2nd. Stockholders of record on Tuesday, September 8th will be given a $0.50 dividend. The ex-dividend date is Tuesday, September 8th. This represents a $2.00 annualized dividend and a dividend yield of 6.0%. Rogers Communication’s payout ratio is presently 15.30%.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the stock. Scotiabank reiterated an “outperform” rating on shares of Rogers Communication in a report on Tuesday, July 7th. TD Securities lowered shares of Rogers Communication from a “buy” rating to a “hold” rating in a research note on Thursday, April 2nd. Barclays cut their price objective on shares of Rogers Communication from $37.00 to $36.00 and set an “equal weight” rating for the company in a research report on Thursday, July 16th. Raymond James Financial started coverage on Rogers Communication in a research report on Wednesday, July 15th. They set an “outperform” rating on the stock. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Rogers Communication in a research note on Wednesday, June 17th. Four investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $36.00.

Rogers Communication News Roundup

Here are the key news stories impacting Rogers Communication this week:

• Positive Sentiment: Rogers reported Q2 EPS of $0.83, topping estimates, and revenue of $3.95 billion, also above forecasts. Rogers Communication (RCI) Surpasses Q2 Earnings and Revenue Estimates
• Positive Sentiment: The company reaffirmed its 2026 outlook and said free cash flow rose 6% to $1.0 billion, while service revenue increased 8% and adjusted EBITDA improved. Rogers Communications Reports Second Quarter 2026 Results
• Positive Sentiment: Rogers declared a quarterly dividend of C$0.50 per share, reinforcing its shareholder-return story and supporting the stock’s yield-focused appeal. Rogers Communications Declares 50 Cents per Share Quarterly Dividend
• Neutral Sentiment: Analysts and commentary are also focusing on valuation after the mixed-but-better-than-expected quarter, suggesting investors are weighing the earnings beat against a still-depressed share price relative to moving averages. Where Does Rogers Communications (TSX:RCI.B) Valuation Sit After Mixed Results And A Reaffirmed Dividend?
• Negative Sentiment: Despite the earnings beat, EPS was still well below the prior year’s level, which may temper enthusiasm about the pace of profit recovery. Rogers Communication stock information

Institutional Investors Weigh In On Rogers Communication

A number of institutional investors have recently added to or reduced their stakes in RCI. Manchester Capital Management LLC bought a new stake in shares of Rogers Communication in the fourth quarter valued at approximately $26,000. Headlands Technologies LLC boosted its holdings in shares of Rogers Communication by 143.2% in the second quarter. Headlands Technologies LLC now owns 1,661 shares of the Wireless communications provider’s stock worth $49,000 after acquiring an additional 978 shares during the period. Advisory Services Network LLC bought a new stake in shares of Rogers Communication during the 3rd quarter valued at $63,000. Danske Bank A S purchased a new position in Rogers Communication during the third quarter worth about $64,000. Finally, EverSource Wealth Advisors LLC lifted its stake in Rogers Communication by 52.6% during the second quarter. EverSource Wealth Advisors LLC now owns 1,981 shares of the Wireless communications provider’s stock worth $59,000 after purchasing an additional 683 shares during the last quarter. 45.49% of the stock is owned by institutional investors.

Rogers Communication Company Profile

Rogers Communications Inc is a Canadian integrated communications and media company headquartered in Toronto, Ontario. The company provides a broad range of telecommunications services to residential and business customers across Canada, including wireless voice and data services, cable television, high-speed internet, and home phone services. In the enterprise market it offers managed IT, data center and cloud solutions, networking and connectivity services targeted to small businesses, large enterprises and public sector clients.

In addition to connectivity services, Rogers operates a significant media portfolio that includes national and regional television and radio assets, sports broadcasting properties and other content businesses.