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NYSE: RCI
Rogers Communications Inc Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for RCI

Based on 11 analysts offering 12 month price targets for Rogers Communications Inc.
Min Forecast
$51.62+5.26%
Avg Forecast
$59.35+21.03%
Max Forecast
$66.22+35.03%

Should I buy or sell RCI stock?

Based on 11 analysts offering ratings for Rogers Communications Inc.
Strong Buy
Strong Buy
6 analysts 54.55%
Buy
2 analysts 18.18%
Hold
3 analysts 27.27%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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Forecast return on equity

Is RCI forecast to generate an efficient return?
Company
24.82%
Industry
17.32%
Market
47.84%
RCI's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is RCI forecast to generate an efficient return on assets?
Company
4.5%
Industry
5.41%
RCI is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

RCI earnings per share forecast

What is RCI's earnings per share in the next 2 years based on estimates from 6 analysts?
Avg 1 year Forecast
$3.35+37.8%
Avg 2 year Forecast
$3.73+53.43%
RCI's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

RCI revenue forecast

What is RCI's revenue in the next 2 years based on estimates from 4 analysts?
Avg 1 year Forecast
$13.3B+18.16%
Avg 2 year Forecast
$13.1B+16.77%
RCI's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

RCI earnings growth forecast

How is RCI forecast to perform vs Telecom Services companies and vs the US market?
Company
35.95%
Industry
98.1%
Market
84.98%
RCI's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
RCI's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
RCI's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

RCI revenue growth forecast

How is RCI forecast to perform vs Telecom Services companies and vs the US market?
Company
14.71%
Industry
1.39%
Market
70.63%
RCI's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
RCI's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

RCI vs Telecom Stocks

TickerPricePrice TargetUp/downsideConsensus
RCI$48.77$59.35+21.70%Strong Buy
TLK$25.60$35.80+39.84%Buy
ZM$79.54$97.29+22.31%Hold
TEF$3.76$6.20+64.89%Sell
ORAN$10.40$8.80-15.38%Hold
View Top Telecom Stocks

Rogers Communications Stock Forecast FAQ

Is Rogers Communications Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 11 Wall Street analysts covering (NYSE: RCI) stock is to Strong Buy RCI stock.

Out of 11 analysts, 6 (54.55%) are recommending RCI as a Strong Buy, 2 (18.18%) are recommending RCI as a Buy, 3 (27.27%) are recommending RCI as a Hold, 0 (0%) are recommending RCI as a Sell, and 0 (0%) are recommending RCI as a Strong Sell.

If you're new to stock investing, here's how to buy Rogers Communications stock.

What is RCI's earnings growth forecast for 2023-2024?

(NYSE: RCI) Rogers Communications's forecast annual earnings growth rate of 35.95% is not forecast to beat the US Telecom Services industry's average forecast earnings growth rate of 98.1%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 84.98%.

Rogers Communications's earnings in 2023 is $1,263,157,894.On average, 6 Wall Street analysts forecast RCI's earnings for 2023 to be $1,691,499,812, with the lowest RCI earnings forecast at $1,560,219,230, and the highest RCI earnings forecast at $1,873,272,926.

In 2024, RCI is forecast to generate $1,883,371,432 in earnings, with the lowest earnings forecast at $1,883,371,432 and the highest earnings forecast at $1,883,371,432.

What is RCI's revenue growth forecast for 2023-2024?

(NYSE: RCI) Rogers Communications's forecast annual revenue growth rate of 14.71% is forecast to beat the US Telecom Services industry's average forecast revenue growth rate of 1.39%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 70.63%.

Rogers Communications's revenue in 2023 is $11,575,939,849.On average, 4 Wall Street analysts forecast RCI's revenue for 2023 to be $6,704,884,097,281, with the lowest RCI revenue forecast at $6,213,292,848,052, and the highest RCI revenue forecast at $7,956,249,599,058.

In 2024, RCI is forecast to generate $6,625,917,817,105 in revenue, with the lowest revenue forecast at $6,625,917,817,105 and the highest revenue forecast at $6,625,917,817,105.

What is RCI's forecast return on assets (ROA) for 2023-2024?

(NYSE: RCI) forecast ROA is 4.5%, which is lower than the forecast US Telecom Services industry average of 5.41%.

What is RCI's Price Target?

According to 11 Wall Street analysts that have issued a 1 year RCI price target, the average RCI price target is $59.35, with the highest RCI stock price forecast at $66.22 and the lowest RCI stock price forecast at $51.62.

On average, Wall Street analysts predict that Rogers Communications's share price could reach $59.35 by Aug 25, 2023. The average Rogers Communications stock price prediction forecasts a potential upside of 21.7% from the current RCI share price of $48.77.

What is RCI's Earnings Per Share (EPS) forecast for 2023-2024?

(NYSE: RCI) Rogers Communications's current Earnings Per Share (EPS) is $2.50. On average, analysts forecast that RCI's EPS will be $3.35 for 2023, with the lowest EPS forecast at $3.09, and the highest EPS forecast at $3.71. In 2024, RCI's EPS is forecast to hit $3.73 (min: $3.73, max: $3.73).

What is RCI's forecast return on equity (ROE) for 2023-2024?

(NYSE: RCI) forecast ROE is 24.82%, which is considered strong.
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