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Most Anticipated Earnings: SLF-T, REAL-T and more Canadian Companies Reporting Earnings this Week (Nov 13-17)Questrade vs Others | The Review Competitors Don’t Want you to Read (2023)Markets drift despite strong tech earningsBCE dividend is north of 7%, while Rogers is not that high. BCE has media assets. Tends to increase dividend every year, so it's a bit more geared to income. For the more conservative and income-focused investor.
They both share the sports teams in Toronto.
Rogers tends to be more focused on the cellular side. With Shaw acquisition, you should see more growth in the West. Cell ads will come. More competition. More growthy and volatile. If you made him pick, he'd choose this one now, as the Shaw acquisition will help grow the company.
Telcos in Canada are in a unique spot. Quebecor has really upped the competitive pressure, positive for the consumer but negative for BCE and Telus. Stay away from those two, and see how things shake out. Prefers RCI.B, with its ability to shave costs from Shaw, or QBR.B.
He targets $47 or 13% lower. It yields 3.7% that they can cover. But the market isn't excited, plus this is sensitive to interest rates. It's only slightly better than BCE. Maybe it's interesting at $41.
It has good penetration into the New Canadian population which is leading to explosive population growth. There has been a lot of noise over the SHAW acquisition but it looks like the integration of the acquisition is going well. It sits at an attractive valuation. Buy 15 Hold 3 Sell 1
(Analysts’ price target is $75.92)He owns BCE. RCI is sideways, and he likes sideways because you can trade within that range of $54-70.
He likes telcos, and Rogers offer the most upside in coming years. With the Shaw deal done, Rogers will start paying down debt and strengthen their balance sheet, increase cash flow and raise their dividend eventually. Likes their valuation and growth. The sector is out of favour, so shares are cheap.
(Analysts’ price target is $76.22)NPI has regulatory issues in Spain. A great stock that needs to be owned longer term by ESG investors. Not much EPS growth for the next couple of years, very expensive valuation.
Cheaper telecom. Synergies coming from Shaw. Nice dividend. Telcos will be facing more competition.
Risk/reward is good for both, so you can get in and do well, but Rogers is the lower-risk play.
Aggressive price competition is coming, and Rogers has the best competitive response. It can take some costs out of Shaw, but the other players can't do that.
Excellent company for long term investor.
Shaw deal finally approved.
Telecom will see steady growth going forward.
Tailwinds in the business.
Lots of drama with this name, so why this name? He expects synergies from Shaw. This trades at only 10.5x PE with a 16% growth rate. Too cheap to ignore.
(Analysts’ price target is $72.76)It has been more consistent in execution in the past several quarters. It has a 3 1/2% dividend yield which is lower than Telus and BCE. However its payout ratio is lower at 3 1/2 to 7% and even if it doubled its dividend, its ratio would still be lower.
PE is much cheaper than months ago, but doesn't like the 3.4% dividend. BCE and Telus pay more. Also, they carry a lot of debt. Have lost customers, too.
Higher debt from the Shaw deal is a concern, but they will generate a lot of free cash flow and pay down that debt. They will have a larger footprint. Likes the telco sector for its low valuations. They have a bigger chance to raise their dividend than their peers. Boasts a lot under 7x operating cash flow.
(Analysts’ price target is $73.75)In the telco space, Rogers is cheap and has been ignored, so that's the one to go to.
Rogers Communications (B) is a Canadian stock, trading under the symbol RCI.B-T on the Toronto Stock Exchange (RCI.B-CT). It is usually referred to as TSX:RCI.B or RCI.B-T
In the last year, 15 stock analysts published opinions about RCI.B-T. 9 analysts recommended to BUY the stock. 4 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Rogers Communications (B).
Rogers Communications (B) was recommended as a Top Pick by on . Read the latest stock experts ratings for Rogers Communications (B).
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
15 stock analysts on Stockchase covered Rogers Communications (B) In the last year. It is a trending stock that is worth watching.
On 2023-11-28, Rogers Communications (B) (RCI.B-T) stock closed at a price of $57.92.
All telcos are down this year. The valuation has fallen so low that he's buying more shares. The pandemic showed the need to sustain and improve the networks. Rogers and their peers enjoy an oligopoly too.