How to Buy Rogers Communications Stock
Rogers Communications Inc
Rogers Communications is a telecom company located in Ontario, Canada, which is part of the Communication Services sector, and is traded under the ticker RCI on the NYSE exchange.
Rogers Communications stock last closed at $38.16, down 3.61% from the previous day, and has decreased 19.8% in one year. It has underperformed other stocks in the Telecom Services industry by 0.01 percentage points. Rogers Communications stock is currently +4.4% from its 52-week low of $36.55, and -23.68% from its 52-week high of $50.00.
There are currently 531.27M RCI shares outstanding. The market cap of RCI is $20.27B. In the past 24 hours, 1.61M RCI shares were traded.
How to Buy Rogers Communications Stock
Not sure how to invest in Rogers Communications stock? Here's how.
- Choose where to buy Rogers Communications stock: You need to choose an online brokerage, but don't worry - we've sifted through dozens of online brokerages and apps to help you determine where to buy Rogers Communications stock.
- Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Put funds into your investment account: Choose your method of payment and add your details.
- Research Rogers Communications stock: The Rogers Communications ticker symbol is RCI. Is Rogers Communications stock a good investment? Should you buy shares of RCI? How do RCI's underlying business fundamentals look? Do top analysts think Rogers Communications is a good buy? Why has RCI's stock price moved recently? (Hint: Our stock market analysis tools can help you decide if RCI is a good stock to buy).
- Execute your RCI buy order: Decide if you will purchase RCI shares at the current market price or use a limit order to buy RCI shares at a given price.
- Watch your RCI investment: Create a watchlist to the latest updates on your new investment in Rogers Communications shares.
Step 1: Choose where to buy Rogers Communications stock
You will need a brokerage account to access the NYSE market and buy RCI stock.
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Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've picked the best brokerage, you'll need to fill out some personal details so you are able to invest in RCI today.
How to Create a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal data to start a new trading account.
- Submit your details by hitting the "Create Account" button. Get started with eToro today
Step 3: Put funds into your investment account
Now that you have opened your account on stock market apps, your next step is to transfer the money for your investment:
Check out the video below if you need help transferring money into your investment account.
Step 4: Research Rogers Communications stock
After you have decided on the best place to buy Rogers Communications stock, it's important to research their stock prior to buying, so you truly understand the risk and opportunity.
Rogers Communications Metrics
Rogers Communications Fundamentals
WallStreetZen was built to help part-time investors do more in-depth fundamental analysis.
You can view all of the due diligence checks on RCI's stock page.
Is RCI stock undervalued or overvalued?
Investors use many financial metrics, analyses, models, and charts to gauge RCI's fair value.
Using relative valuations ratios:
- RCI could be undervalued based on its P/E ratio of 47x, relative to Telecom Services industry P/E ratio of 110.76x
- RCI may be overvalued based on its P/B ratio of 2.64x, relative to Telecom Services industry P/B ratio of 1.58x
- RCI may be undervalued based on its PEG ratio of 0.28x
You can access additional valuation research on RCI's stock here.
RCI Financial Health Overview
Negative Health Checks:
- Total RCI debt is higher than 5 years ago, relative to shareholder equity.
- RCI profit margin has gone down from 11.5% to 2.9% in the past year.
- There are more long-term liabilities than short-term assets on the RCI balance sheet.
- RCI has a relatively high debt to equity ratio of 5.54.
- RCI earnings of $2.42B is not sufficient to cover its interest payments.
- There are more short-term liabilities than short-term assets on the RCI balance sheet.
- RCI's operating cash flow of $4.31B allows it to safely service it's debt of $33.37B.
Is Rogers Communications stock a Buy, Hold, or Sell, according to analysts?
Out of 1 sell side analysts who give recommendations on RCI, the consensus analyst rating on RCI is a Strong Buy
It's important to note that analyst ratings are not recommendations, nor are they investment advice.
You can dive deeper into what analysts are saying on the Rogers Communications stock forecast page.
RCI Momentum
RCI Revenue
Last year, RCI earnings were $430.43M. Over the last 5 year, RCI's earnings have grown by -22.54% per year. This was slower than the Telecom Services industry average of 7.91%.
Last year, RCI revenue was $14.76B. In the last 5 year, RCI's revenue has grown by 5.77% per year. This was faster than the Telecom Services industry average of 3.38%.
Learn more about RCI's earnings and revenue performance here.
Latest Insiders Trades at RCI
Over the last year, executives and large shareholders at RCI have not bought or sold any shares.
Get more info about who owns RCI stock here.
Does RCI provide a stable income stream?
Rogers Communications pays a dividend of 4.21%, compared to the Telecom Services industry's average dividend yield of 4.46%. If you owned $1,000 of RCI stock, you would have been paid $42.13 last year.
Rogers Communications dividend payments have consistently grown over the past decade but have not remained stable.
Get more data about Rogers Communications dividend yield and history here.
RCI Social Trading Data
One of the primary reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to see what other community members have to say.
Step 5: Execute your RCI buy order
There are two main order types:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are generally fine. - Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
If you want to make sure you're buying or selling at a specific dollar amount, use a limit order.
Press the Open Trade button and your broker will place the order.
If you require additional help with buying stocks on eToro, watch the helpful video below:
Step 6: Watch your RCI investment
Now that you own some shares in RCI, you'll want to keep up with your company.
Put RCI on a watchlist to track the most important metrics related to your RCI stock.
RCI Feed
How to Buy Stock in Rogers Communications
To reiterate, here are the 6 steps to buy stock in Rogers Communications:
- Choose where to buy Rogers Communications stock
- Sign up for a brokerage account
- Put funds into your investment account
- Research Rogers Communications stock
- Execute your RCI buy order
- Watch your RCI investment
If you are looking for a place to buy stocks, eToro is our favorite venue.
Get Started with eToro TodayIf you want to track your new investment in Rogers Communications, click the button below.
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