Economy

Cormark Weighs in on Rogers Communications' Q1 2018 Earnings (RCI)

Cormark Weighs in on Rogers Communications' Q1 2018 Earnings (RCI)”

Rogers Communications Inc Cl B has $22.85 billion market cap.

Cormark also issued estimates for Rogers Communications' FY2018 earnings at $3.74 EPS. Rogers Communications Inc. has a 52-week low of $37.03 and a 52-week high of $47.42.

The company added 95,000 net postpaid subscribers, a 35% increase compared to the year ago quarter, while postpaid churn-the rate at which subscribers left the company-reduced to 1.08% compared to 1.1% from the same period in 2017. Rogers Communications had a net margin of 12.09% and a return on equity of 30.65%.

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Equities research analysts at Cormark issued their Q1 2018 earnings estimates for shares of Rogers Communications in a research report issued to clients and investors on Tuesday, April 17th. "Buy" rating has 2, "Sell" are 0, while 1 are "Hold".

The business also recently announced a quarterly dividend, which will be paid on Tuesday, July 4th. Investors holded 235.99 million in 2017Q3 but now own 236.19 million shares or 0.08% more. The ex-dividend date is Thursday, June 8th. Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Management Corp, a Alberta - Canada-based fund reported 1.61M shs. Rogers Communications's dividend payout ratio (DPR) is presently 57.56%. Glenmede Trust Co. NA now owns 10,858 shares of the Wireless communications provider's stock worth $552,000 after buying an additional 10,621 shares in the last quarter.

Hillsdale Investment Management Inc's holdings in Rogers Communications Inc Cl B (RCI) is reduced by 22.35% based on its latest 2017Q4 regulatory filing with the SEC. (NYSE:RCI). Pacad Inv stated it has 0.03% of its capital in Rogers Communications Inc. The Company provides wireless communications services, and cable television, Internet, information technology (IT) and telephony services to consumers and businesses. 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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