What is Cormark’s Estimate for TSE:RCI Q4 Earnings?

Rogers Communications (TSE:RCI) – Investment analysts at Cormark issued their Q4 2024 earnings per share estimates for shares of Rogers Communications in a research report issued to clients and investors on Tuesday, January 21st. Cormark analyst D. Mcfadgen expects that the company will post earnings of $1.39 per share for the quarter.

Rogers Communications Price Performance

Rogers Communications (TSE:RCI) last released its quarterly earnings results on Thursday, October 24th. The company reported C$1.42 earnings per share for the quarter, beating analysts’ consensus estimates of C$1.37 by C$0.05. During the same period last year, the business posted $1.27 earnings per share.

Rogers Communications Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, January 3rd. Shareholders of record on Monday, December 9th were paid a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of ∞. The ex-dividend date of this dividend was Monday, December 9th.

Insider Activity

In related news, Director Robert Gemmell bought 20,000 shares of the business’s stock in a transaction on Friday, December 27th. The stock was bought at an average price of C$43.67 per share, for a total transaction of C$873,396.00. Also, Director David Alan Robinson purchased 675 shares of the stock in a transaction dated Thursday, October 31st. The shares were bought at an average price of C$50.88 per share, for a total transaction of C$34,344.68. Following the completion of the acquisition, the director now owns 675 shares in the company, valued at C$34,344.68. This represents a ∞ increase in their ownership of the stock.