Rogers Communications (B)

RCI.B-T

TSE:RCI.B

52.99
0.36 (0.67%)
Rogers Communications Inc. is a Canadian communications and media company. It operates particularly in the field of wireless communications, cable television, telephone, and Internet connectivity with ...
More at Wikipedia

Analysis and Opinions about RCI.B-T

Signal
Opinion
Expert
BUY
BUY
June 4, 2020
BCE-T vs. RCI.B-T. They both have this perpetual cap-x spend in front of them and have a challenge in growth looking forward. But the telco space is not as expensive as some of the other defensive stocks. You would do well by owning any one of these. They score quite similarly. You can hold these through long periods of time.
Show full opinionHide full opinion
BCE-T vs. RCI.B-T. They both have this perpetual cap-x spend in front of them and have a challenge in growth looking forward. But the telco space is not as expensive as some of the other defensive stocks. You would do well by owning any one of these. They score quite similarly. You can hold these through long periods of time.
BUY
BUY
April 13, 2020

T-T, BCE-T, RCI.B-T, SJR.B-T. Telecom is the sector he is the most bullish on. It's his biggest position. It is the sector that is the most resilient. Online traffic has increased dramatically. T-T would not be the top of his telecom list. He would prefer SJR.B-T, BCE-T, and RCI.B-T because of their media businesses.

Show full opinionHide full opinion

T-T, BCE-T, RCI.B-T, SJR.B-T. Telecom is the sector he is the most bullish on. It's his biggest position. It is the sector that is the most resilient. Online traffic has increased dramatically. T-T would not be the top of his telecom list. He would prefer SJR.B-T, BCE-T, and RCI.B-T because of their media businesses.

BUY
BUY
February 24, 2020
The balance sheet is fine. They generate a lot of cash flow. There is headline risk because a large part of the their business is wireless and the other two have done a great job of catching up to them in wireless. It is probably a fine time to buy it, however.
Show full opinionHide full opinion
The balance sheet is fine. They generate a lot of cash flow. There is headline risk because a large part of the their business is wireless and the other two have done a great job of catching up to them in wireless. It is probably a fine time to buy it, however.
BUY
BUY
February 19, 2020
He stayed until last year when valuations got stretched to the downside. Solid fundamentals, but there remain issues with competition, namely the impact of pricing data. Not a great dividend payer at 3% vs. peers which are higher. Today's levels are still a good entry point.
Show full opinionHide full opinion
He stayed until last year when valuations got stretched to the downside. Solid fundamentals, but there remain issues with competition, namely the impact of pricing data. Not a great dividend payer at 3% vs. peers which are higher. Today's levels are still a good entry point.
DON'T BUY
DON'T BUY
February 10, 2020
He shies away from the operators and prefers the cell towers. He would be more interested on a pullback.
Show full opinionHide full opinion
He shies away from the operators and prefers the cell towers. He would be more interested on a pullback.
TOP PICK
TOP PICK
February 10, 2020
Defensive and pays a good dividend. They have a good chance to growth their dividend. Bandwith continues to grow and Rogers is well-positioned. (Analysts’ price target is $71.75)
Show full opinionHide full opinion
Defensive and pays a good dividend. They have a good chance to growth their dividend. Bandwith continues to grow and Rogers is well-positioned. (Analysts’ price target is $71.75)
HOLD
HOLD
February 5, 2020

Telecoms? Rogers is an interesting name. He owns BCE instead. A push for lower cell phone rates along with greater investment in 5G networks are key headwinds in this sector. Telcoms will face a lot spending to build up 5G, which will impact the financials for the next few years. He likes the dividend they pay, however. If your time horizon is long, then holding is fine.

Show full opinionHide full opinion

Telecoms? Rogers is an interesting name. He owns BCE instead. A push for lower cell phone rates along with greater investment in 5G networks are key headwinds in this sector. Telcoms will face a lot spending to build up 5G, which will impact the financials for the next few years. He likes the dividend they pay, however. If your time horizon is long, then holding is fine.

PAST TOP PICK
PAST TOP PICK
December 27, 2019
(A Top Pick Dec 28/18, Down 5%) Sold it earlier in 2019. Its outlook is merely okay. Look elsewhere for yield. Rogers is getting hit by its own unlimited data plan.
Show full opinionHide full opinion
(A Top Pick Dec 28/18, Down 5%) Sold it earlier in 2019. Its outlook is merely okay. Look elsewhere for yield. Rogers is getting hit by its own unlimited data plan.
BUY
BUY
December 16, 2019

BCE-T vs. RCI.B-T. BCE-T is considered the steadiest and safest of the three. It has run up quite a bit in the last year as a flight to safety. RCI.B-T has come off a bit after offering their unlimited data plan which was a bigger success than they anticipated. He would buy RCI.B-T. A year from now they won't have any issues with unlimited data.

Show full opinionHide full opinion

BCE-T vs. RCI.B-T. BCE-T is considered the steadiest and safest of the three. It has run up quite a bit in the last year as a flight to safety. RCI.B-T has come off a bit after offering their unlimited data plan which was a bigger success than they anticipated. He would buy RCI.B-T. A year from now they won't have any issues with unlimited data.

TOP PICK
TOP PICK
December 3, 2019
It's oversold. Investors felt they paid too much on hockey TV rights, and they took a hit on their unlimited data plans. But there's demand for more and more data. It's a good entry point now. (Analysts’ price target is $69.39)
Show full opinionHide full opinion
It's oversold. Investors felt they paid too much on hockey TV rights, and they took a hit on their unlimited data plans. But there's demand for more and more data. It's a good entry point now. (Analysts’ price target is $69.39)
PAST TOP PICK
PAST TOP PICK
November 25, 2019
(A Top Pick Jan 16/19, Down 9%) There are negative revisions and estimates have been chopped for this year and next year. The underlying cash-flow is not growing, and this isn’t what you want for dividend payers. He has sold his position.
Show full opinionHide full opinion
(A Top Pick Jan 16/19, Down 9%) There are negative revisions and estimates have been chopped for this year and next year. The underlying cash-flow is not growing, and this isn’t what you want for dividend payers. He has sold his position.
PAST TOP PICK
PAST TOP PICK
November 19, 2019
(A Top Pick Sep 09/19, Down 3%) They bad a bad quarter, bad earnings. Sell it and take your lumps.
Show full opinionHide full opinion
(A Top Pick Sep 09/19, Down 3%) They bad a bad quarter, bad earnings. Sell it and take your lumps.
TOP PICK
TOP PICK
November 11, 2019
Their earnings were temporarily depressed with the introduction of unlimited data plans. It is a short term issue. He suggests using it as a trade. Unlimited plans cut out their overage revenues. (Analysts’ price target is $69.39)
Show full opinionHide full opinion
Their earnings were temporarily depressed with the introduction of unlimited data plans. It is a short term issue. He suggests using it as a trade. Unlimited plans cut out their overage revenues. (Analysts’ price target is $69.39)
COMMENT
COMMENT
November 1, 2019

Rogers is now trading at 14x. They missed on earnings. BCE didn't miss on earnings and has good growth. They also have a good dividend. However, BCE is trading at 17x. Both will be beneficiaries of 5G.

Show full opinionHide full opinion

Rogers is now trading at 14x. They missed on earnings. BCE didn't miss on earnings and has good growth. They also have a good dividend. However, BCE is trading at 17x. Both will be beneficiaries of 5G.

TOP PICK
TOP PICK
October 30, 2019
He's returning to this after its complete stock meltdown. It's not a big dividend player, but the valuation compels to buy this for the short/mid-term. He's 20% upside for the next 12 months. (Analysts’ price target is $69.67)
Show full opinionHide full opinion
He's returning to this after its complete stock meltdown. It's not a big dividend player, but the valuation compels to buy this for the short/mid-term. He's 20% upside for the next 12 months. (Analysts’ price target is $69.67)
PAST TOP PICK
PAST TOP PICK
October 21, 2019
(A Top Pick Dec 28/18, Down 4%) He sold it about 3 months ago on a stop loss.
Show full opinionHide full opinion
(A Top Pick Dec 28/18, Down 4%) He sold it about 3 months ago on a stop loss.
TOP PICK
TOP PICK
October 18, 2019
People tend to miss the telecom companies as defensive names. They own the infrastructure for telecommunications. There's only a few players and they're generating free cash flows. They are safe and offers good dividends.
Show full opinionHide full opinion
People tend to miss the telecom companies as defensive names. They own the infrastructure for telecommunications. There's only a few players and they're generating free cash flows. They are safe and offers good dividends.
BUY
BUY
October 15, 2019

Sell Rogers to buy WSP? They're completely different companies and sectors. WSP grows by acquisition. Rogers isn't allocating capital wealth well , which has driven their valuation to an 8-year low. Conversely, this makes Rogers attractive. It's probably oversold. Don't sell. WSP: the valuation is too high as they've bought three companies recently, so he won't buy it now.

Show full opinionHide full opinion

Sell Rogers to buy WSP? They're completely different companies and sectors. WSP grows by acquisition. Rogers isn't allocating capital wealth well , which has driven their valuation to an 8-year low. Conversely, this makes Rogers attractive. It's probably oversold. Don't sell. WSP: the valuation is too high as they've bought three companies recently, so he won't buy it now.

DON'T BUY
DON'T BUY
October 1, 2019
He just issued a note on Rogers today. In June, he warned Rogers was weakening. Today's it is testing support at $64.30. If it falls that, next support is $61.66 or 4% downside. It's mired in a descending triangle pattern.
Show full opinionHide full opinion
He just issued a note on Rogers today. In June, he warned Rogers was weakening. Today's it is testing support at $64.30. If it falls that, next support is $61.66 or 4% downside. It's mired in a descending triangle pattern.
DON'T BUY
DON'T BUY
September 24, 2019

He doesn't follow the telcos daily, but he prefers telcos over cable companies. Telus and BCE have nearly completed their 5G install, though Rogers is converting too. BCE is better than Rogers, which blew its budget on the NHL broadcast licenses; Canadian teams haven't gone deep into the playoffs which has limited Rogers' revenue. In fact, there's more growth in soccer and other non-hockey sports, so that's a tailwind for BCE's broadcasting arm. All telcos will be impacted by the unlimited data plans now on the market. BCE has great assets and a lower payout ratio than Rogers.

Show full opinionHide full opinion

He doesn't follow the telcos daily, but he prefers telcos over cable companies. Telus and BCE have nearly completed their 5G install, though Rogers is converting too. BCE is better than Rogers, which blew its budget on the NHL broadcast licenses; Canadian teams haven't gone deep into the playoffs which has limited Rogers' revenue. In fact, there's more growth in soccer and other non-hockey sports, so that's a tailwind for BCE's broadcasting arm. All telcos will be impacted by the unlimited data plans now on the market. BCE has great assets and a lower payout ratio than Rogers.

COMMENT
COMMENT
September 23, 2019

It is a pretty solid company. They have risk from a fiscal policy which would be lower on PPL-T. You have fiscal risk on all the telecoms right now.

Show full opinionHide full opinion

It is a pretty solid company. They have risk from a fiscal policy which would be lower on PPL-T. You have fiscal risk on all the telecoms right now.

DON'T BUY
DON'T BUY
September 23, 2019

He prefers Telus, which is a pure play. Rogers owns sports teams, not a pure play. They do have a strong moat. But Canadian politicians vow to reduce cell phone bills and this will hurt all telcos. Canadians pay very high cell phone bills compared to the world. Well-run and pays a good dividend.

Show full opinionHide full opinion

He prefers Telus, which is a pure play. Rogers owns sports teams, not a pure play. They do have a strong moat. But Canadian politicians vow to reduce cell phone bills and this will hurt all telcos. Canadians pay very high cell phone bills compared to the world. Well-run and pays a good dividend.

HOLD
HOLD
September 19, 2019
He sold it when it got over $70 but he thinks it is going to trade sideways for a while. It is the only one in the space he does not own in this sector.
Show full opinionHide full opinion
He sold it when it got over $70 but he thinks it is going to trade sideways for a while. It is the only one in the space he does not own in this sector.
COMMENT
COMMENT
September 17, 2019

A very defensive space, telcos. Not a growth stock, but pays income. He prefers BCE, because it just finished a big capex cycle and pays a higher dividend. Also, wireless penetration in Canada is limited, which in turn limits growth. That said, all the Canadian telcos are good for the long-term. Buy for the dividend, not growth.

Show full opinionHide full opinion

A very defensive space, telcos. Not a growth stock, but pays income. He prefers BCE, because it just finished a big capex cycle and pays a higher dividend. Also, wireless penetration in Canada is limited, which in turn limits growth. That said, all the Canadian telcos are good for the long-term. Buy for the dividend, not growth.

BUY
BUY
September 16, 2019
It's had a pullback, but they will grow their dividend yield. 5G will be a massive capital spend and transform the industry. It's fairly recession-proof. The price target is $75.
Show full opinionHide full opinion
It's had a pullback, but they will grow their dividend yield. 5G will be a massive capital spend and transform the industry. It's fairly recession-proof. The price target is $75.
DON'T BUY
DON'T BUY
September 12, 2019
$64.70 is a low from late August and a bit lower in April. It held in there. Around $69 there is a bunch of resistance. It has had no strength against the S&P since June. We are probably going to come back to the low $60s test.
Show full opinionHide full opinion
$64.70 is a low from late August and a bit lower in April. It held in there. Around $69 there is a bunch of resistance. It has had no strength against the S&P since June. We are probably going to come back to the low $60s test.
HOLD
HOLD
September 12, 2019

Generally, she doesn't have a core position in telecoms. She doesn't see the growth. Dividends are safe. Rogers has lagged BCE, but looks as though it's stabilizing here. Wireless will drive these companies. Subscribers continue to go up, and they also sell data. Rogers is a safe income stock. Yield is just shy of 3%.

Show full opinionHide full opinion

Generally, she doesn't have a core position in telecoms. She doesn't see the growth. Dividends are safe. Rogers has lagged BCE, but looks as though it's stabilizing here. Wireless will drive these companies. Subscribers continue to go up, and they also sell data. Rogers is a safe income stock. Yield is just shy of 3%.

BUY
BUY
September 11, 2019

With telecoms, you want to look at enterprise value over EBITDA. Likes the dividend, of about 3%, and should grow. Stock's a bit off because of competition last quarter. Good time to accumulate shares. For total return, best performer compared to BCE and Telus over last few years.

Show full opinionHide full opinion

With telecoms, you want to look at enterprise value over EBITDA. Likes the dividend, of about 3%, and should grow. Stock's a bit off because of competition last quarter. Good time to accumulate shares. For total return, best performer compared to BCE and Telus over last few years.

HOLD
HOLD
September 9, 2019
We are seeing a lot of fights between the telecom companies. Over the last few years they have come back. They are being beaten on fibre to the home and the wireless market is very competitive. He has others he would rather own.
Show full opinionHide full opinion
We are seeing a lot of fights between the telecom companies. Over the last few years they have come back. They are being beaten on fibre to the home and the wireless market is very competitive. He has others he would rather own.
TOP PICK
TOP PICK
September 6, 2019
It’s hit the 52-week low. Likes it here, and it’s in a good spot. The risk is higher for it to go higher than lower.
Show full opinionHide full opinion
It’s hit the 52-week low. Likes it here, and it’s in a good spot. The risk is higher for it to go higher than lower.
BUY
BUY
September 5, 2019
Trading at a 52-week low. Telcos are an easy target for the election. Great buying opportunity. Results are improving. Dividend will go higher. Cheap valuation.
Show full opinionHide full opinion
Trading at a 52-week low. Telcos are an easy target for the election. Great buying opportunity. Results are improving. Dividend will go higher. Cheap valuation.
BUY WEAKNESS
BUY WEAKNESS
September 4, 2019
It's a good time to buy it now, during a pullback. He owns no telcos, but this is the best one, least exposed to secular erosion to the wireless business.
Show full opinionHide full opinion
It's a good time to buy it now, during a pullback. He owns no telcos, but this is the best one, least exposed to secular erosion to the wireless business.
PARTIAL BUY
PARTIAL BUY
September 3, 2019
He likes it at current levels and would start to pick away at it. A good, long-term dividend play. It's not recession-proof; it's a discretionary consumer stock.
Show full opinionHide full opinion
He likes it at current levels and would start to pick away at it. A good, long-term dividend play. It's not recession-proof; it's a discretionary consumer stock.
DON'T BUY
DON'T BUY
August 28, 2019
Long term? There are better opportunities elsewhere facing less competition than Rogers, with 5G coming. That said, the telcos do well in volatility. But competition is heating up now among telcos. Cogeco looks interesting though with their big U.S. roll-out and a better chart.
Show full opinionHide full opinion
Long term? There are better opportunities elsewhere facing less competition than Rogers, with 5G coming. That said, the telcos do well in volatility. But competition is heating up now among telcos. Cogeco looks interesting though with their big U.S. roll-out and a better chart.
BUY
BUY
August 27, 2019

During a recession? Like it a lot. Has the best leverage to 5G. He doesn't think Trudeau will There's talk of 5G not rolling out until early-2021, but he doesn't believe that. Low interest rates will be good for Rogers. See BCE to buy Rogers. Pays a 3.1% dividend. A great long-term hold.

Show full opinionHide full opinion

During a recession? Like it a lot. Has the best leverage to 5G. He doesn't think Trudeau will There's talk of 5G not rolling out until early-2021, but he doesn't believe that. Low interest rates will be good for Rogers. See BCE to buy Rogers. Pays a 3.1% dividend. A great long-term hold.

DON'T BUY
DON'T BUY
August 14, 2019

Only 2% EPS growth, he forecasts, trading at 15x PE. Good dividend. They are more exposed to wireless than BCE is. He has a $72 target. An okay name, but look elsewhere for growth.

Show full opinionHide full opinion

Only 2% EPS growth, he forecasts, trading at 15x PE. Good dividend. They are more exposed to wireless than BCE is. He has a $72 target. An okay name, but look elsewhere for growth.