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
PAST TOP PICK
(A Top Pick Apr 19/21, Up 22%) It lagged a lot last year over worries of the Shaw deal. He likes the telcos though has taken profits on all his holdings. He still likes this name.
N/A
Recent acquisition of Shaw Communications appears to be going ahead, and will present opportunities. Great way to be exposed to Canadian cable business. Shaw synergies will be good for business.
PAST TOP PICK
(A Top Pick Feb 01/21, Up 16%) It is well structured and has performed well. Also well positioned for better growth potential.
SELL
It's very competitive in telecoms in Canada, where they other are doing better than Rogers. Netflix's streaming is also impacting Rogers. He's holding onto the other Canadian telcos (unnamed).
DON'T BUY
Allan Tong’s Discover Picks The CRTC began hearings this week into the $26 billion merger of these two titans of Canadian telecoms. Of course, Rogers has been hogging headlines in the past month as the children and widow of the late CEO Ted Rogers battle over control of this corporation. Last week, company chairman Edward Rogers got his way via a court ruling and ousted CEO Joe Natale out of the C-suite, but he defied his two sisters and mother. Sister Melinda said that the ruling “creates great uncertainty [for Rogers’] employees, customers, sports fans and shareholder, not to mention the Shaw transaction.” Read 4 Popular Headline Stocks for our full analysis.
WATCH
He's started looking at it. Turmoil in the corporate suite is never great for the business. Great assets. Lower share price sniffs of opportunity. But too many unanswered questions right now. On his radar.
DON'T BUY
Instead, she's chosen BCE for income. Still question marks above this name. Shaw transaction remains the prime focus for the company.
BUY ON WEAKNESS
Is the family feud a buying opportunity? He looks beyond this. It is an opportunity to add to your position. It is becoming problematic, but the company will get beyond this over time. Don't get out of it here.
DON'T BUY
Allan Tong’s Discover Picks What would old man Ted say? Ted built started with a radio station and built a telecom giant before he passed away in 2008. Since then, Rogers stock has lagged rivals BCE and Telus by a country mile, rising 64% vs. BCE's 151% and Telus' 199%. Shares sagged further after Rogers announced last March it will take over Shaw Communications for $26 billion. Read The Battle for Rogers and 4 Other Telecom Stocks to Consider for our full analysis.
COMMENT
Why is this all coming out to light? What is the rationale? It is the frustration with the stock price. You have only gotten the dividend in the past decades. Rogers earnings were flat, guidance was muted, there is a frustration with the stock. Sold in 2020 since there were not enough changes quickly enough.
DON'T BUY
RCI.B-T vs. SJR.B-T. He is not buying either right now. He owns Bell and Telus. There is deal risk in the merger between Rogers and Shaw. You might want to take the money and run if you hold Shaw. Both are fairly priced.
BUY
Telecoms enjoy an oligopoly, all good income stocks. Rogers pays 3.5%, though she owns BCE. Rogers is fine, though it lags its peers. The Shaw deal is a good, long-term move for Rogers.
BUY

It pays a nice dividend. It is attempting to merge with the fourth player, Shaw. They are an essential utility. They have mildly good growth prospects for them. It would be a solid dividend investment. They are the backbone of the network we use for work-from-home.

PAST TOP PICK

(A Top Pick Oct 13/20, Up 21%) He would buy it again and still owns it. He is disappointed in the telecom carriers in general. Also people are worried about the debt they took in to buy Shaw. They are a long term infrastructure asset. He thinks this is a bargain that is not recognized.

DON'T BUY

Big fan of telecoms, though they didn't deliver last year as expected. Telecoms are very defensive and operate in an oligopoly. RCI is OK, but not as keen on it compared to others in the space. Least enthusiastic about cable. Ton of risk on the Shaw deal.

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