Monday, August 31, 2026

Less Than Two Hours Before The Market Open, Rogers Communication Is Down By 7%

ViaNews Editorial Team

January 1, 2024

Less Than Two Hours Before The Market Open, Rogers Communication Is Down By 7%

(VIANEWS) - The NYSE opens in less than two hours and Rogers Communication's pre-market value is already 7.98% down.

Rogers Communication's last close was $46.81, 6.68% below its 52-week high of $50.16.

The last session, NYSE ended with Rogers Communication (RCI) rising 0.17% to $46.81. NYSE dropped 0.22% to $16,852.89, after two consecutive sessions in a row of losses, on what was a somewhat negative trend trading session.

About Rogers Communication

Rogers Communications Inc. operates as a communications and media company in North America. It operates through three segments: Wireless, Cable, and Media. The company offers mobile Internet access, wireless voice and enhanced voice, device financing, device protection, global voice and data roaming, wireless home phone, bridging landline, machine-to-machine and Internet of Things solutions, and advanced wireless solutions for businesses, as well as device shipping services; and postpaid and prepaid services under the Rogers, Fido, and chatr brands. It also provides internet and WiFi services; and smart home monitoring services, such as monitoring, security, automation, energy efficiency, and smart control through a smartphone app. In addition, the company offers local and network TV; on-demand television; cloud-based digital video recorders; voice-activated remote controls, and integrated apps; personal video recorders; linear and time-shifted programming; digital specialty channels; 4K television programming; and seasonal games through television, smartphones, tablets, personal computers, and other streaming devices, as well as operates Ignite TV and Ignite TV app. Further, it provides residential and small business local telephony services; calling features, such as voicemail, call waiting, and long distance; voice, data networking, Internet protocol, and Ethernet services; private networking, Internet, IP voice, and cloud solutions; optical wave and multi-protocol label switching services; information technology (IT) and network technologies; cable access network services; and telecommunications technical consulting services. Additionally, the company owns Toronto Blue Jays and the Rogers Centre event venue; and operates Sportsnet ONE, Sportsnet 360, Sportsnet World, Citytv, OMNI, FX (Canada), FXX (Canada), and OLN television networks, as well as 54 AM and FM radio stations. Rogers Communications Inc. was founded in 1960 and is headquartered in Toronto, Canada.

Earnings Per Share

As for profitability, Rogers Communication has a trailing twelve months EPS of $1.52.

PE Ratio

Rogers Communication has a trailing twelve months price to earnings ratio of 30.8. Meaning, the purchaser of the share is investing $30.8 for every dollar of annual earnings.

The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is 9.98%.

More news about Rogers Communication (RCI).

ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.

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