News stories about Rogers Communications Inc. Class B (NYSE:RCI) (TSE:RCI.B) have trended somewhat positive recently, Accern reports. The research group identifies positive and negative press coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Rogers Communications Inc. Class B earned a news impact score of 0.16 on Accern’s scale. Accern also assigned headlines about the Wireless communications provider an impact score of 45.5540998963409 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
NYSE:RCI opened at $46.97 on Wednesday. The company has a market cap of $24.27 billion, a price-to-earnings ratio of 17.33, a P/E/G ratio of 2.97 and a beta of 0.86. Rogers Communications Inc. Class B has a twelve month low of $43.11 and a twelve month high of $54.95. The company has a current ratio of 0.65, a quick ratio of 0.59 and a debt-to-equity ratio of 1.85.
Rogers Communications Inc. Class B (NYSE:RCI) (TSE:RCI.B) last released its earnings results on Thursday, April 19th. The Wireless communications provider reported $0.71 earnings per share for the quarter, topping the consensus estimate of $0.60 by $0.11. The company had revenue of $2.87 billion for the quarter, compared to the consensus estimate of $2.75 billion. Rogers Communications Inc. Class B had a net margin of 12.73% and a return on equity of 30.77%. equities research analysts expect that Rogers Communications Inc. Class B will post 3.17 earnings per share for the current year.
The business also recently announced a quarterly dividend, which will be paid on Tuesday, July 3rd. Shareholders of record on Monday, June 11th will be given a dividend of $0.3821 per share. This represents a $1.53 annualized dividend and a yield of 3.25%. The ex-dividend date of this dividend is Friday, June 8th. Rogers Communications Inc. Class B’s dividend payout ratio is presently 54.61%.
Separately, Zacks Investment Research lowered shares of Rogers Communications Inc. Class B from a “hold” rating to a “sell” rating in a research note on Thursday, April 19th. One analyst has rated the stock with a sell rating, three have given a hold rating, two have given a buy rating and one has given a strong buy rating to the company. The stock presently has a consensus rating of “Hold” and an average target price of $61.67.
Rogers Communications Inc. Class B Company Profile
Rogers Communications Inc operates as a communications and media company in Canada. The company's Wireless segment offers wireless telecommunications services to consumers and businesses under the Rogers, Fido, and chatr brands; and wireless devices, services, and applications. This segment distributes its products through independent dealer networks, company-owned retail stores, retail chains and convenience stores, e-commerce sites, call centers and outbound telemarketing, and other distribution channels.
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