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TSE:RCI.B

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

53.16
+0.66 (1.26%)
as of Jun 18, 2026, 8:00:00 pm Market Open.
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Investor Insights
star iconJun 18, 2026, 12:00 am

This summary was created by AI, based on 27 opinions in the last 12 months.

Rogers Communications (RCI.B) has received mixed reviews from various experts regarding its performance and future prospects. Many analysts highlight the potential of its sports assets, especially after the significant purchase of MLSE, which could drive future cash flow. The company is noted for its reduced capital expenditures, leading to increased free cash flow guidance, which some view as a positive sign for long-term sustainability. However, concerns about high debt levels, competitive pricing pressures, and slower growth in the sector persist. Comparatively, while Rogers has not performed as strongly as peers like BCE and Telus, it is considered by some as a defensive investment in an otherwise overlooked sector. Yield is cited as a consideration, but the growth prospects underscore the need for caution, particularly given its stagnant dividend history.

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Consensus
Neutral
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Valuation
Undervalued
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Telus, T.TO
COMMENT
Trading at 12X earnings, which is below market multiples. We are all worried about the new entrants that are stealing market share hand over fist. This is a big risk for this company. In the meantime, cash flow is quite strong and you are going to get a rising dividend.
TOP PICK
Likes the cell phone business. It under performed T and BCE. Thinks there will be more consolidation among new players. RCI is well positioned for it.
PAST TOP PICK
(Top Pick Dec 21/10, Up 16.85% Total Return)
DON'T BUY
Range bound between $35 and $40. Good yield play for income investors at 3.8%. Doesn't like telecom in general because it is too competitive right now. Very strong balance sheet and generating strong cash flow.
DON'T BUY
Have lower highs from when they peaked, which technically is not a good sign. Fundamentally, they are losing market share in the phone business.
TOP PICK
Underperformed BCE (BCE-T) and Telus (T-T) over the last few years and they are due to catch up. Talking about increasing dividends, paying out cash flow and buying back shares. People are spending more and more money on smart phones. Like a utility, but utilities are trading at much higher valuations. 3.8% yield and expected to grow to 4% in January.
DON'T BUY
If he wants to participate in this area, he would prefer going to BCE (BCE-T) which have strong management. If you want a little more yield, he would go with Bell Aliant (BA-T). Their area will become more competitive, particularly as the optical cable goes in. (See Top Picks.)
BUY
Likes this and this is a pretty good entry point. Lots of free cash flow. Has underperformed Bell (BCE-T) and Telus (T-T). 4% yield and will probably have a dividend increase.
DON'T BUY
As increased dividend because they see wireless growth slowing. Growth potential is low. Better places to be. Well run business but not cheap enough.
BUY
Like and own it. The numbers were ok but he was expecting higher churn from competition. On wireless side that was expected. Cable is a lower growth business than it used to be. All in all good free cash flow, relatively safe place to be. A good place to hide.
PAST TOP PICK
(A Top Pick Oct 5/10. Down 3.17%.) Sees a dividend rising 10% next year and rising for many years to come. Much cheaper than utilities.
COMMENT
2040 Bonds? There are lots of uncertainties over 30 years in the technology space. The good thing about them is that if you don’t intend to hold them to maturity, they are liquid and you can sell them into the market. For the long end of the curve, he prefers companies that could be protected so he can make sure he gets his coupons and capital back.
TOP PICK
Has better growth potential than Bell (BCE-T) or Telus (T-T). Has catch up to do on the dividends and can see them raising it by 10% or more in Feb/12. Shaw’s (SJR.B-T) announcement about not doing wireless is very positive for this sector.
BUY
This is an extremely competitive marketplace right now. Recently we saw the revenues per customer dropped due to voice side. Cable side is doing all right. Good balance sheet and good yield. Can’t decide between Rogers and Bell, perhaps Bell is slightly preferred.
BUY
Expects the dividend will appreciate somewhere between 5%-10% over the next 2-3 years. Generating significant free cash flow, buying back shares and raising dividends. Smart phones are going to be very beneficial to their earnings and bottom line. Valuation is very reasonable at 12X earnings.
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