Based on the 15-minute chart of Rogers Communications, a KDJ Death Cross and Bearish Marubozu signal was triggered on August 20, 2025 at 10:30. This indicates a shift in the momentum of the stock price towards the downside, suggesting that the price may continue to decline. The current market conditions suggest that sellers are in control, and the bearish momentum is likely to persist.
On August 20, 2025, at 10:30, Rogers Communications' 15-minute chart triggered a KDJ Death Cross and a Bearish Marubozu signal, indicating a shift in momentum towards the downside [1]. This development suggests that the stock price may continue to decline, with sellers currently dominating the market and bearish momentum likely to persist.
Despite these bearish signals, Rogers Communications has demonstrated resilience in its financial performance. The company recently reported earnings per share (EPS) of $0.82, beating analysts' consensus estimates of $0.80. Revenue for the quarter was $3.82 billion, a 2.4% increase from the same period last year. The company's net margin and return on equity also demonstrated robust financial health, with figures of 7.33% and 21.59%, respectively [1].
Institutional investors have shown continued interest in the company. Aigen Investment Management LP increased its stake in Rogers Communication by 56.3% during the first quarter, acquiring an additional 13,347 shares [1]. The total holdings now stand at 37,045 shares valued at approximately $990,000.
Barclays has maintained an equal-weight rating on Rogers Communications but has raised its price target (PT) from $31 to $33. The revised PT reflects a cautious optimism about the company's growth prospects [1].
Rogers Communications has also recently declared a quarterly dividend of $0.3672, representing a $1.47 annualized dividend and a yield of 4.4%. The dividend is set to be paid on October 3rd, with the ex-dividend date being September 8th [1].
In a separate development, Rogers Communications has announced a definitive agreement to sell its portfolio of nine Rogers Business data centres to InfraRed Capital Partners, a subsidiary of Sun Life. Under the agreement, Rogers will maintain its ability to sell data centre services and provide network connectivity to these facilities. The transaction is part of Rogers' strategy to divest real estate and non-core assets to strengthen its balance sheet [2].
The financial terms of the data centre sale were not disclosed, but data centres typically command premium valuations in today's market due to increasing demand for digital infrastructure. The continued relationship with InfraRed suggests a well-structured deal that maintains business continuity for Rogers' enterprise customers.
For investors, this represents a prudent financial decision that preserves revenue opportunities while improving the company's financial position. The transaction demonstrates management's commitment to optimizing the balance sheet while maintaining strategic flexibility in the data services market.
In conclusion, while Rogers Communications faces bearish signals on its 15-minute chart and mixed analyst ratings, the company's strong financial performance and increased institutional ownership suggest a resilient position in the communications sector. Investors should remain cautious but keep an eye on the company's long-term potential.
References:
[1] https://www.marketbeat.com/instant-alerts/filing-aigen-investment-management-lp-acquires-13347-shares-of-rogers-communication-inc-nyserci-2025-08-11/
[2] https://www.stocktitan.net/news/RCI/rogers-enters-into-definitive-agreement-to-sell-portfolio-of-data-iosg25ljqm4u.html
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