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Rogers Comm Cl A (RCI.A) AI Stock Analysis
Rogers Comm Cl A
(TSX:RCI.A)
The score is mainly supported by improving cash generation and a constructive earnings-call outlook with reaffirmed 2026 guidance and record free cash flow. These positives are tempered by weaker TTM profitability and still-elevated leverage, while technicals remain below key long-term averages and valuation (P/E ~26) looks only partly offset by the ~4.35% dividend yield.
Rogers Comm Cl A (RCI.A) vs. iShares MSCI Canada ETF (EWC)
- Market Cap
- CAD 24.57B
- Dividend Yield
- 4.32%
- Average Volume (3M)
- 1,791
- Price to Earnings (P/E)
- 26.1
- Beta (1Y)
- 0.17
- Revenue Growth
- 8.04%
- EPS Growth
- -86.72%
- Country
- Canada
- Employees
- 25,000
- Sector
- Communication Services
- Sector Strength
- 60
- Industry
- Telecommunications Services
Rogers Comm Cl A Business Overview & Revenue Model
Company Description
Rogers Communications Inc. functions as a prominent telecommunications and media conglomerate across North America. Its diverse operations are segmented into Wireless, Cable, and Media divisions. Within its Wireless division, Rogers offers a comprehe...
How the Company Makes Money
Rogers makes money primarily by selling subscription-based connectivity and communications services and related fees across its core lines of business. The largest revenue driver is wireless: customers pay recurring monthly service charges for mobile...
Rogers Comm Cl A Earnings Call Summary
The call was predominantly positive. Rogers reported consolidated revenue and EBITDA growth, record free cash flow, improved leverage, strong margins, major sports-asset ownership and monetization progress, and a reaffirmed 2026 outlook. These positives were partly offset by wireless revenue and ARPU pressure from the CRTC fee decision, lower market activity and subscriber additions, modestly higher churn, a softer advertising environment, and a large year-over-year net income decline caused by the prior-year MLSE-related non-cash gain.
Q3-2026 Updates
Positive Updates
Negative Updates
Company Guidance
Rogers reaffirmed its full 2026 outlook for total service revenue growth 3%-5%, adjusted EBITDA growth +1% to +3%, capital expenditures CAD 2.5 billion-CAD 2.7 billion, and free cash flow CAD 4.1 billion-CAD 4.3 billion; Glenn Brandt said he is “not guiding 2027 yet,” but that the 2026 guidance should be used “as an indication for your expectations for the coming year or the near term over the coming years,” while the company continues to target completion of the minority sale of its consolidated sports media and entertainment assets in the first half of 2027, expects to fund its securitization in the fourth quarter, and expects proceeds from the sports-asset sale to pay down debt.
Rogers Comm Cl A Financial Statement Overview
Summary
Revenue momentum and free-cash-flow improvement are clear positives (TTM revenue +42%; TTM FCF ~$3.41B, +26.6%). Offsetting this, profitability has fallen sharply in TTM (net margin ~4.1% vs ~31.8% in 2025) and leverage remains elevated despite improvement (TTM debt-to-equity ~2.82; total debt ~$46.6B), which increases risk in a capital-intensive business.
Income Statement
58NeutralBalance Sheet
44NeutralCash Flow
62Positive| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 22.71B | 21.71B | 20.60B | 19.31B | 15.40B | 14.65B |
| Gross Profit | 5.19B | 5.02B | 9.62B | 8.58B | 6.39B | 5.89B |
| EBITDA | 9.01B | 14.74B | 9.69B | 8.66B | 6.46B | 5.94B |
| Net Income | 937.00M | 6.89B | 1.73B | 849.00M | 1.68B | 1.56B |
Balance Sheet | ||||||
| Total Assets | 92.45B | 90.01B | 71.41B | 69.28B | 55.66B | 41.96B |
| Cash, Cash Equivalents and Short-Term Investments | 3.15B | 1.34B | 898.00M | 800.00M | 13.30B | 715.00M |
| Total Debt | 46.64B | 46.60B | 47.63B | 45.20B | 36.75B | 22.84B |
| Total Liabilities | 69.73B | 65.73B | 61.01B | 58.84B | 45.56B | 31.43B |
| Stockholders Equity | 16.53B | 24.29B | 10.40B | 10.44B | 10.09B | 10.53B |
Cash Flow | ||||||
| Free Cash Flow | 3.41B | 2.35B | 1.59B | 1.29B | 1.42B | 1.37B |
| Operating Cash Flow | 6.37B | 6.06B | 5.63B | 5.22B | 4.49B | 4.16B |
| Investing Cash Flow | -3.47B | -8.21B | -4.46B | -20.20B | -3.26B | -6.13B |
| Financing Cash Flow | -1.26B | 2.60B | -1.08B | 2.48B | 11.36B | 203.00M |
Rogers Comm Cl A Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:RCI.A, the sentiment is Positive. The current price of 46.25 is above the 20-day moving average (MA) of 45.48, below the 50-day MA of 48.04, and below the 200-day MA of 49.75, indicating a neutral trend. The MACD of -0.47 indicates Negative momentum. The RSI at 49.63 is Neutral, neither overbought nor oversold. The STOCH value of 35.98 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:RCI.A.
Rogers Comm Cl A Peers Comparison
Overall Rating
TSE:QBR.A78Outperform- TSE:RCI.A56Neutral
TSE:BCE55Neutral
TSE:RCI.B53Neutral
TSE:CCA52Neutral
TSE:T46Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| TSE:QBR.A | 78Outperform | CAD 14.92B | 16.03 | 35.86% | 2.43% | 3.12% | 24.49% |
| Sector * | 60Neutral | $48.67B | 4.58 | -11.27% | 4.14% | 2.83% | -41.78% |
| TSE:RCI.A | 56Neutral | CAD 24.66B | 26.14 | 4.97% | 4.32% | 8.04% | -86.72% |
| TSE:BCE | 55Neutral | CAD 26.57B | 4.22 | 27.73% | 6.14% | 1.59% | 1374.54% |
| TSE:RCI.B | 53Neutral | CAD 24.66B | 26.14 | 4.97% | 4.40% | 8.04% | -86.72% |
| TSE:CCA | 52Neutral | CAD 2.25B | -2.02 | -43.35% | 7.43% | -4.04% | -443.15% |
| TSE:T | 46Neutral | CAD 19.66B | -21.59 | -6.56% | 11.66% | -1.06% | -188.85% |
* Communication Services Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TSE:RCI.A | Rogers Comm Cl A | 46.25 | -6.22 | -11.85% | |
| TSE:BCE | Bce Inc | 28.49 | -1.76 | -5.83% | |
| TSE:RCI.B | Rogers Communication | 45.48 | -6.55 | -12.60% | |
| TSE:T | Telus Corp | 12.37 | -6.46 | -34.30% | |
| TSE:QBR.A | Quebecor Inc Cl A MV | 66.72 | 22.65 | 51.40% | |
| TSE:CCA | Cogeco Communications | 53.17 | -8.72 | -14.10% |
Rogers Comm Cl A Corporate Events
Rogers Communications Posts Record Free Cash Flow and Strengthens Sports and Media Portfolio in Q3 2026
PositiveRogers Communications reported third-quarter 2026 results showing 1% growth in total service revenue and adjusted EBITDA, alongside record free cash flow of $1.4 billion and a year-to-date total exceeding $3 billion. Capital expenditures fell to $524...
Rogers Communications Declares 50-Cent Quarterly Dividend for January 2027
PositiveRogers Communications Inc. has declared a quarterly dividend of 50 cents per share on its Class A Voting and Class B Non-Voting shares, reinforcing its practice of returning capital to shareholders through regular distributions. The dividend will be...
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Oct 27, 2026