
TSE:RCI.B
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.
Doesn't own anything in the telco sector as it is getting fairly competitive. They are talking about unbundling so you would pay what you get in cable, so there could be some pricing pressure. Very attractive yield. Good cash flow. Will probably continue to buy back stock and increased their dividend a bit every year. Feels the shares are range bound in the $35-$40 level for the next little while.
(A Top Pick Sept 14/11. Up 12.21%.) Still likes.