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Rogers Communication's (RCI) Deals to Aid Long-Term Prospects
ZACKS· 2024-06-11 15:45
This strategic move comes on the heels of RCI's partnership with Comcast, which is aimed at bringing advanced Xfinity products and technology to Canadians. The integrated entertainment platform offers a seamless viewing experience, combining live sports, news, on-demand content and streaming apps with an award-winning voice remote and user-friendly interface. Shares of this Zacks Rank #3 (Hold) company have plunged 18.4% year to date compared with the Zacks Consumer Discretionary sector's decline of 2.2%. T ...
Global Icon Shania Twain and Diamond-Selling Canadian Rockers Our Lady Peace to Headline Rogers Festival at the Final Concert Series in Edmonton
Newsfilter· 2024-06-10 20:19
NHL and Rogers to Co-Host Free Concerts Outside Rogers Place Before Game 3 & 4 Our Lady Peace will perform for fans before Game 3 on Thursday, June 13. Shania Twain will be the featured performer before Game 4 on Saturday, June 15. Both performances will begin at 4 p.m. MT in Scotiabank Fan Park outside Rogers Place before the 6 p.m. MT game times. As the proud partner of the Oilers and the NHL, Rogers is holding a national customer contest, Bring Stanley Home, to send Rogers customers and hockey fans from ...
Rogers inks blockbuster deals with NBCUniversal and Warner Bros. Discovery
Newsfilter· 2024-06-10 14:00
Group 1 - The company will increase investment in Canadian content and independent productions over the next decade, following recent partnerships with Comcast and NBCUniversal [1][2][8] - Starting September 2024, the company will launch NBCUniversal's Bravo channel in Canada, becoming the English-language television content rights holder for unscripted programming [3][4] - Beginning January 2025, the company will host Warner Bros. Discovery's suite of English-language U.S. lifestyle and factual brands, including HGTV and The Food Network [5][8] Group 2 - The company aims to make content widely available to Canadians through streaming and distribution partners, enhancing its competitive position against foreign streamers [5][6] - Over the past decade, the company has invested $6.9 billion in Canadian content, demonstrating its commitment to providing high-quality entertainment [8] - The new U.S. licensing deals solidify the company's leadership in sports and entertainment, expanding its diverse media portfolio [6][8]
Rogers Brings More Star Power to Citytv Canadian Hits
Newsfilter· 2024-06-10 13:30
– Citytv's #1 show in over a decade – Law & Order Toronto: Criminal Intent, renewed for two seasons with production starting in July – – Cheryl Hickey and Tracy Moore to host new Breakfast Television lifestyle show this fall – – Rogers builds on $6.9 billion investment in Canadian content in last decade - – Let's go, Canada! Global icon Shania Twain joins Canada's Got Talent – – Currently serving Ontario and British Columbia, CityNews 24/7 expands news service to Alberta, launching this July – – OMNI Televi ...
Here's Why Rogers Communication (RCI) is a Strong Value Stock
ZACKS· 2024-06-06 14:46
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both. Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor. Zacks Premium also includes the Zacks Style Scores. What are the Zacks Style Scores? Developed alongs ...
Rogers Communication (RCI) is a Top-Ranked Momentum Stock: Should You Buy?
ZACKS· 2024-06-05 14:50
It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both. Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor. Zacks Premium includes access to the Zacks Style Scores as ...
Rogers starts to expand 5G network to rest of TTC subway system
Newsfilter· 2024-05-31 12:00
Core Viewpoint - Rogers Communications has initiated the next phase of construction to expand its 5G cellular network in the TTC subway system, aiming to enhance connectivity and access to emergency services for all riders [1][2]. Group 1: Expansion Details - The expansion work commenced in the tunnels between Kennedy and Warden stations on Line 2, with plans to connect the remaining 36 kilometers of unconnected tunnels [2][5]. - The project is being executed in phases, with construction scheduled during overnight and weekend hours to minimize disruption for riders [2][5]. Group 2: Network Capabilities - Once completed, the upgraded 5G network will provide seamless wireless coverage for mobile voice and data services across all 75 stations and tunnels in Toronto's subway system [3]. - The initiative is part of Rogers' commitment to enhance connectivity for Torontonians and improve safety through better access to 911 services [4][5]. Group 3: Historical Context and Investment - In April 2023, Rogers acquired the cellular network in the TTC subway from BAI Canada, committing to invest hundreds of millions of dollars to implement 5G service and 911 access throughout the subway system [5]. - Prior to this, BAI's network only covered station platforms and concourses, reaching only 25% of the tunnels and unable to support the traffic demands of major carriers [5]. Group 4: Recognition and Coverage - Rogers is recognized as Canada's largest and most reliable 5G network provider, covering over 2,300 communities, and has been awarded the best wireless network in Canada for five consecutive years by umlaut [8].
RCI Announces 34th Consecutive Quarterly Cash Dividend
prnewswire.com· 2024-05-29 13:00
With more than 60 locations, RCI Hospitality Holdings, Inc., through its subsidiaries, is the country's leading company in adult nightclubs and sports bars/restaurants. See all our brands at www.rcihospitality.com. Media & Investor Contacts Gary Fishman and Steven Anreder at 212-532-3232 or [email protected] and [email protected] SOURCE RCI Hospitality Holdings, Inc. ...
Rogers Communication (RCI) Up 2.6% Since Last Earnings Report: Can It Continue?
zacks.com· 2024-05-24 16:37
A month has gone by since the last earnings report for Rogers Communication (RCI) . Shares have added about 2.6% in that time frame, underperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is Rogers Communication due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. Rogers Communications Q1 Earnin ...
Why Rogers Communication (RCI) is a Top Value Stock for the Long-Term
zacks.com· 2024-05-21 14:46
Core Insights - Zacks Premium offers various tools for investors to enhance their stock market strategies and confidence [1] - The Zacks Style Scores are designed to help investors identify stocks with the highest potential to outperform the market in the short term [2] Zacks Style Scores Overview - The Style Scores categorize stocks into four main types: Value Score, Growth Score, Momentum Score, and VGM Score, each focusing on different investment strategies [3][4][5][6] - Value Score emphasizes finding undervalued stocks based on financial ratios [3] - Growth Score focuses on a company's financial health and future growth potential [4] - Momentum Score identifies stocks with favorable price trends and earnings outlooks [5] - VGM Score combines all three styles to highlight stocks with the best overall characteristics [6] Zacks Rank and Style Scores Interaction - The Zacks Rank utilizes earnings estimate revisions to guide investors in stock selection [7] - Stocks rated 1 (Strong Buy) have historically outperformed the S&P 500, with an average annual return of +25.41% since 1988 [8] - To maximize returns, investors should target stocks with a Zacks Rank of 1 or 2 and Style Scores of A or B [9] - Stocks with lower ranks, even with good Style Scores, may still face declining earnings forecasts [10] Company Spotlight: Rogers Communications Inc. (RCI) - Rogers Communications, based in Toronto, provides a range of services including cable television, high-speed internet, and wireless communications [11] - RCI holds a Zacks Rank of 3 (Hold) and has a VGM Score of B, indicating solid performance potential [12] - The company has a Value Style Score of A, supported by a forward P/E ratio of 10.84, making it attractive for value investors [12] - Recent upward revisions in earnings estimates suggest positive momentum, with the Zacks Consensus Estimate for fiscal 2024 at $3.64 per share [12] - RCI's average earnings surprise stands at 6.7%, further enhancing its investment appeal [12][13]