Rogers Communications: Bollinger Bands Narrowing, KDJ Death Cross Indicates Weakness

Based on the 15-minute chart of Rogers Communications, the recent narrowing of Bollinger Bands suggests a decrease in the magnitude of stock price fluctuations. Furthermore, the KDJ Death Cross at 08/25/2025 14:00 indicates a shift in momentum towards the downside, potentially leading to further decreases in the stock price.

Rogers Communication Inc. (RCI) reported its second-quarter 2025 earnings on July 23rd, with adjusted earnings per share (EPS) of $0.82, beating the Zacks consensus estimate by $0.02 [2]. The company's revenues increased 1.3% year over year to $3.77 billion, driven by service revenue growth across its Wireless, Cable, and Media segments. However, the stock has seen a mixed reaction from analysts and investors.

The stock has added about 3.3% in the past month, outperforming the S&P 500 [2]. However, the recent narrowing of Bollinger Bands on the 15-minute chart suggests a decrease in stock price volatility, while the KDJ Death Cross at 08/25/2025 14:00 indicates a potential shift in momentum towards the downside [Writing Topic]. This could lead to further decreases in the stock price.

Institutional investors have also shown interest in RCI, with Northwest & Ethical Investments L.P. increasing its stake by 28.8% in the first quarter, owning 443,299 shares worth approximately $11.85 million [1]. Other institutional investors, such as American Century Companies Inc., Gulf International Bank UK Ltd, Caitong International Asset Management Co. Ltd, Nuveen LLC, and Aigen Investment Management LP, also modified their holdings in RCI during the first quarter [1].

Wall Street analysts maintain a consensus rating of "Hold" for RCI, with an average price target of $59.00 [1]. Scotiabank reaffirmed a "sector perform" rating, while BMO Capital Markets reaffirmed an "outperform" rating. Barclays increased their price target to $33.00 and gave the stock an "equal weight" rating [1]. Despite the mixed analyst ratings, top-rated analysts believe there are better buy opportunities than RCI [1].

Rogers Communication has also increased its quarterly dividend, which will be paid on October 3rd, with a dividend yield of 4.1% [1]. The company's payout ratio is currently 72.64%, indicating a healthy balance between dividends and earnings.

As RCI prepares for its next earnings release, investors should closely monitor the stock's technical indicators and analyst ratings to make informed investment decisions. The recent narrowing of Bollinger Bands and the KDJ Death Cross suggest a potential downtrend, but the stock's fundamentals and dividend yield may still appeal to income-oriented investors.

References:
[1] https://www.marketbeat.com/instant-alerts/filing-northwest-ethical-investments-lp-has-1185-million-position-in-rogers-communication-inc-nyserci-2025-08-17/
[2] https://finance.yahoo.com/news/rogers-communication-rci-3-3-153011748.html