TSE:RSI

Rogers Sugar Inc (RSI.TO)

6.83
-0.00 (0.00%)
as of Jun 30, 2026, 8:00:00 pm Market Open.
129 watching
0
Investor Insights
star iconJul 1, 2026, 12:00 am

This summary was created by AI, based on 3 opinions in the last 12 months.

Rogers Sugar Inc. (RSI-T) operates within an oligopolistic market, which provides it with a measure of security; however, the emergence of a new competitor poses potential risks to the industry. Experts express concern regarding economic conditions such as stagflation and inflation, which may lead investors to consider higher-yielding alternatives, especially since the company hasn’t raised its dividends recently. Despite these concerns, Rogers has maintained a solid financial record with no annual losses since 2001 and a manageable debt. The company benefits from sugar quotas that currently appear secure, making it relatively insulated from economic fluctuations. Overall, while it may not be the most exciting investment, it offers a reliable 5% dividend, appealing to dividend-focused investors looking for stability rather than high growth.

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Consensus
Cautious
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Valuation
Fair Value
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HOLD
Price has been relatively strong within the income trust market. Cash flow is fairly predictable. The one overhang is that we are getting closer and closer to 2011.
HOLD
They are making more profit then they have historically. There is two sugar companies (Rogers and Atlantic) that have been able to effectively raise prices on refining which is pretty unusual. They have duopoly, which allows them to set the prices.
BUY
Sugar processing. Currently there are restrictions on how much sugar can go into the US. Hedge natural gas for their input costs. Decent buy at this price.
DON'T BUY
Like a lot of consumer income trusts, a lot of things are going against them. Did a good job of managing what they can control, but a lot of input costs have gone against them. Sugar is not a freely tradable commodity making it difficult to get into the US.
BUY
US is closed and most of their sugar comes from beet farmers in the Southeast US. Roger’s can take advantage of this through their large beet farms in Alberta. Have large part of their quota in a US. Takes a lot of energy. Has a little too much debt for his purposes.
HOLD
Thinks that next year and the year after they will raise their distributions. Have been buying back units.
COMMENT
Doesn't feel they will benefit from the ethanol cycle.
DON'T BUY
For large part of their business, there are trade barriers to get into the US that makes it difficult for them. Have had high input costs, particularly natural gas. Have started to turn this around by taking costs out of their system. Have high debt.
HOLD
There are only two sugar refineries in Canada. It will profit from lower energy prices in the short run. Doesn't have very terrific growth prospects and is now faced with a tax situation on income trusts. Feels the distribution is very solid at 11.1%.
DON'T BUY
This company has been clobbered. Sugar has always been a very cyclical business. Wood questioned why they became an income trust.
BUY
Part of the impact costs that affect them is natural gas. The lower gas price is favourable to them. They have hedged some of this. Good price.
DON'T BUY
Seems to be in a pretty good situation with natural gas being down. However, there is no assurance that gas will stay cheap. Has a healthy amount of debt. Gas weighted.
TOP PICK
This company refines sugar. It is a screaming buy. There is little downside risk.
BUY
Thinks the fair value of it is probably $4.75/$4.80. They raised the distribution. Sugar prices are high and with natural gas down, their production costs are lower.
WEAK BUY
They are benefiting from lower natural gas prices. World sugar prices could rise, but Canadian prices are protected so there is not much upside is there would be in raw commodity sugar.
Showing 91 to 105 of 130 entries