TSE:RCI.B

Rogers Communications (B) (RCI.B.TO)

46.20
+0.20 (0.43%)
as of Jul 24, 2026, 8:00:00 pm Market Open.
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Investor Insights
star iconJul 26, 2026, 12:00 am

This summary was created by AI, based on 28 opinions in the last 12 months.

Rogers Communications (RCI.B) presents a mixed outlook among analysts, with the consensus indicating a belief in the sustainability of its dividend, supported by a relatively low payout ratio compared to peers. However, there are several challenges, including high debt levels of approximately $40 billion, intense competition within the telecom sector, and a mature business model that demands significant capital expenditures. The performance of Rogers’ sports assets has become a focal point, with analysts debating their future monetization potential. While some experts express bearish sentiments due to weak immigration and price pressures, others appreciate the company's hidden value and the recent strategies to reduce capex and improve free cash flow. The general sentiment reflects a cautious optimism, mostly aiming for defensive positioning in a challenging industry environment.

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Consensus
Cautious
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Valuation
Undervalued
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Similar
Telus, T.TO
BUY
He stayed until last year when valuations got stretched to the downside. Solid fundamentals, but there remain issues with competition, namely the impact of pricing data. Not a great dividend payer at 3% vs. peers which are higher. Today's levels are still a good entry point.
DON'T BUY
He shies away from the operators and prefers the cell towers. He would be more interested on a pullback.
TOP PICK
Defensive and pays a good dividend. They have a good chance to growth their dividend. Bandwith continues to grow and Rogers is well-positioned. (Analysts’ price target is $71.75)
HOLD

Telecoms? Rogers is an interesting name. He owns BCE instead. A push for lower cell phone rates along with greater investment in 5G networks are key headwinds in this sector. Telcoms will face a lot spending to build up 5G, which will impact the financials for the next few years. He likes the dividend they pay, however. If your time horizon is long, then holding is fine.

PAST TOP PICK
(A Top Pick Dec 28/18, Down 5%) Sold it earlier in 2019. Its outlook is merely okay. Look elsewhere for yield. Rogers is getting hit by its own unlimited data plan.
BUY

BCE-T vs. RCI.B-T. BCE-T is considered the steadiest and safest of the three. It has run up quite a bit in the last year as a flight to safety. RCI.B-T has come off a bit after offering their unlimited data plan which was a bigger success than they anticipated. He would buy RCI.B-T. A year from now they won't have any issues with unlimited data.

TOP PICK
It's oversold. Investors felt they paid too much on hockey TV rights, and they took a hit on their unlimited data plans. But there's demand for more and more data. It's a good entry point now. (Analysts’ price target is $69.39)
PAST TOP PICK
(A Top Pick Jan 16/19, Down 9%) There are negative revisions and estimates have been chopped for this year and next year. The underlying cash-flow is not growing, and this isn’t what you want for dividend payers. He has sold his position.
PAST TOP PICK
(A Top Pick Sep 09/19, Down 3%) They bad a bad quarter, bad earnings. Sell it and take your lumps.
TOP PICK
Their earnings were temporarily depressed with the introduction of unlimited data plans. It is a short term issue. He suggests using it as a trade. Unlimited plans cut out their overage revenues. (Analysts’ price target is $69.39)
COMMENT

Rogers is now trading at 14x. They missed on earnings. BCE didn't miss on earnings and has good growth. They also have a good dividend. However, BCE is trading at 17x. Both will be beneficiaries of 5G.

TOP PICK
He's returning to this after its complete stock meltdown. It's not a big dividend player, but the valuation compels to buy this for the short/mid-term. He's 20% upside for the next 12 months. (Analysts’ price target is $69.67)
PAST TOP PICK
(A Top Pick Dec 28/18, Down 4%) He sold it about 3 months ago on a stop loss.
TOP PICK
People tend to miss the telecom companies as defensive names. They own the infrastructure for telecommunications. There's only a few players and they're generating free cash flows. They are safe and offers good dividends.
BUY

Sell Rogers to buy WSP? They're completely different companies and sectors. WSP grows by acquisition. Rogers isn't allocating capital wealth well , which has driven their valuation to an 8-year low. Conversely, this makes Rogers attractive. It's probably oversold. Don't sell. WSP: the valuation is too high as they've bought three companies recently, so he won't buy it now.

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