National Bank Financial Analysts Lower Earnings Estimates for Rogers Communications (TSE:RCI)

Rogers Communications (TSE:RCI) – Equities research analysts at National Bank Financial decreased their FY2025 EPS estimates for shares of Rogers Communications in a research note issued on Wednesday, April 24th. National Bank Financial analyst A. Shine now expects that the company will earn $4.81 per share for the year, down from their previous estimate of $4.83.

Rogers Communications Price Performance

Rogers Communications (TSE:RCI) last posted its earnings results on Wednesday, April 24th. The company reported C$0.99 earnings per share for the quarter, topping the consensus estimate of C$0.98 by C$0.01. The firm had revenue of C$4.90 billion during the quarter, compared to the consensus estimate of C$4.94 billion.

Insider Buying and Selling

In related news, Director Edward Rogers purchased 400 shares of Rogers Communications stock in a transaction that occurred on Wednesday, February 7th. The shares were acquired at an average price of C$63.92 per share, for a total transaction of C$25,569.96. Following the transaction, the director now directly owns 400 shares in the company, valued at C$25,569.96.

Rogers Communications Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, April 3rd. Investors of record on Monday, March 11th were given a dividend of $0.50 per share. The ex-dividend date of this dividend was Friday, March 8th. This represents a $2.00 annualized dividend and a yield of ∞.