Rogers Communications Management
Management criteria checks 3/4
Rogers Communications' CEO is Tony Staffieri, appointed in Nov 2021, has a tenure of 4.83 years. total yearly compensation is CA$15.45M, comprised of 9.7% salary and 90.3% bonuses, including company stock and options. directly owns 0.001% of the company’s shares, worth CA$173.80K. The average tenure of the management team and the board of directors is 2.6 years and 4.5 years respectively.
Key information
Tony Staffieri
Chief executive officer
CA$15.4m
Total compensation
| CEO salary percentage | 9.71% |
| CEO tenure | 4.8yrs |
| CEO ownership | 0.0006% |
| Management average tenure | 2.6yrs |
| Board average tenure | 4.5yrs |
Recent management updates
Recent updates
Narrative Update • Jul 21
RCI.B: Future Returns Will Depend On Sports Assets And Regulatory Execution
Rogers Communications' analyst fair value estimate has been revised down from CA$50.00 to about CA$45.93 as analysts weigh a mix of cautious sector views, including a lower CA$36 target from Barclays, against more optimistic calls such as new Outperform initiations and target increases from several Canadian banks. Analyst Commentary Recent research on Rogers Communications highlights a split between optimistic calls and more cautious views, with some bearish analysts focusing on sector headwinds and structural challenges that could influence how the stock trades around earnings and beyond.
Narrative Update • Jul 07
RCI.B: Sports Empire Expansion Will Support Future Cash Flow Resilience
Analysts have nudged their fair value estimate for Rogers Communications higher to CA$60.38 from CA$59.10, citing a series of recent price target increases across the Street and updated assumptions around earnings quality and cash flow resilience. Analyst Commentary Recent Street research on Rogers Communications points to a cluster of higher price targets and rating upgrades, which helps explain why fair value estimates have shifted higher.
Narrative Update • Jun 23
RCI.B: Future Cash Flows Seen Supported By Ongoing 5G Network Expansion
Analysts have nudged their average price target on Rogers Communications higher by a few dollars to around CA$72.64, reflecting updated expectations for slightly stronger revenue growth, a modestly lower profit margin profile, and a future P/E near 21.6x. Analyst Commentary Recent Street research on Rogers Communications points to a more constructive tone, with several bullish analysts raising price targets and issuing upgrades around updated revenue, margin, and P/E assumptions.Narrative Update • Jun 04
RCI.B: Future Cash Flows Supported By Execution On Network Expansion Initiatives
Rogers Communications' updated analyst price target edges higher to about CA$72.64 from roughly CA$72.29, reflecting analysts' revised assumptions for slightly lower growth and margins, as well as a higher future P/E multiple supported by recent upgrades and target increases across several firms. Analyst Commentary Recent Street research on Rogers Communications has tilted more positive, with several bullish analysts lifting price targets and issuing upgrades.Narrative Update • May 04
RCI.B: Future Returns Will Hinge On Execution Of Cost Cuts And New Services
Rogers Communications' analyst price targets have edged higher, with recent increases of between CA$2 and CA$4.50. These changes are supported by analysts updating their earnings and cash flow assumptions and slightly adjusting discount rate and P/E expectations.Narrative Update • Apr 20
RCI.B: Future Returns Will Depend On Execution Under Rising Price War Risk
Rogers Communications' updated CA$50.00 analyst price target reflects a modest reset as analysts weigh recent CA$1.50 to CA$3.00 target cuts against earlier increases and factor in more cautious assumptions for revenue growth, profit margins, and future P/E multiples. Analyst Commentary Recent research moves around Rogers Communications highlight a more cautious tone, with several bearish analysts revisiting their price targets and ratings after a period of earlier target lifts.Narrative Update • Apr 05
RCI.B: Wireless And Satellite Expansion Will Offset Rising Price War Concerns
Analysts have trimmed the Rogers Communications price target by about CA$0.65 to reflect slightly softer revenue growth and profit margin assumptions, a modestly higher discount rate, and a somewhat richer future P/E multiple in light of recent sector-wide price war concerns and mixed broker target revisions. Analyst Commentary Recent research on Rogers Communications shows a split view, with some analysts trimming price targets on pricing pressure concerns while others are still lifting targets on valuation and execution factors.Narrative Update • Mar 22
RCI.B: Future Returns Will Hinge On IoT Execution And Margin Delivery
Narrative Update on Rogers Communications The analyst fair value estimate for Rogers Communications has shifted from CA$41.11 to CA$50.00 as analysts factor in a lower discount rate, revised revenue growth and margin expectations, and updated P/E assumptions following recent price target increases from firms such as TD Securities, Canaccord, TD Cowen, Barclays, and Scotiabank. Analyst Commentary Recent price target updates for Rogers Communications cluster in a relatively tight range, with several research desks adjusting their models and valuation assumptions.Narrative Update • Mar 08
RCI.B: Wireless And Satellite Expansion Will Support Measured Upside Potential
Rogers Communications' updated fair value price target edges slightly lower to CA$59.75, even as several firms lift their Street targets by CA$1 to CA$3. Analysts generally point to refreshed views on valuation multiples and modest tweaks to growth and profitability assumptions.Narrative Update • Feb 21
RCI.B: Rising Confidence In Future Cash Flows And Earnings Multiple
Analysts have nudged their fair value estimate for Rogers Communications higher to CA$72.29 from CA$70.45. This reflects a series of recent price target increases from firms such as Canaccord, TD Securities, TD Cowen, Barclays and Scotiabank that point to adjusted expectations for discount rates, growth and future P/E assumptions.Analysis Article • Feb 09
Additional Considerations Required While Assessing Rogers Communications' (TSE:RCI.B) Strong Earnings
Rogers Communications Inc. ( TSE:RCI.B ) announced strong profits, but the stock was stagnant. We did some digging, and...Narrative Update • Feb 07
RCI.B: Sustainable Pricing And Higher Future P/E Will Support Upside
Analysts have nudged their price targets on Rogers Communications higher, reflecting revised assumptions for slightly lower revenue growth and profit margins. This is offset by a modestly higher fair value estimate of about $59.87 and a higher future P/E multiple.Analysis Article • Feb 01
Rogers Communications (TSE:RCI.B) Is Paying Out A Dividend Of CA$0.50
Rogers Communications Inc.'s ( TSE:RCI.B ) investors are due to receive a payment of CA$0.50 per share on 2nd of April...Narrative Update • Jan 24
RCI.B: Sustainable Pricing And 2025 EBITDA Estimates Will Support Future Upside
Analysts have nudged their targets higher on Rogers Communications, with recent price objectives moving to C$58, C$62 and $36, citing steady pricing trends, cost efficiencies and updated EBITDA expectations as key supports for the revised outlook. Analyst Commentary Recent research updates show a generally constructive tone on Rogers Communications, with higher price targets linked to pricing, cost control and refreshed EBITDA views.Narrative Update • Jan 10
RCI.B: Sustainable Pricing And 2025 EBITDA Outlook Will Support Future Upside
Analysts have nudged their fair value estimate for Rogers Communications slightly lower to $59.34 from $59.46, even as they cite sustainable pricing trends and higher EBITDA expectations supported by recent price target increases across several firms. Analyst Commentary Recent Street research points to a cluster of higher price targets on Rogers Communications, with analysts anchoring their views in pricing power, EBITDA expectations and cost trends rather than broad market calls.Analysis Article • Jan 04
Is It Too Late To Consider Buying Rogers Communications Inc. (TSE:RCI.B)?
Today we're going to take a look at the well-established Rogers Communications Inc. ( TSE:RCI.B ). The company's stock...Narrative Update • Dec 18
RCI.B: Sustainable Pricing And 2025 EBITDA Expectations Will Support Upside Outlook
Analysts have nudged their price targets on Rogers Communications modestly higher, with aggregate fair value estimates edging up by about $0.40 per share as they factor in sustainable pricing improvements, slightly stronger revenue growth, and higher 2025 EBITDA expectations, despite a marginally lower profit margin outlook. Analyst Commentary Recent Street research reflects a broadly constructive stance on Rogers Communications, with a series of incremental price target increases in both U.S. dollar and Canadian dollar terms.Narrative Update • Dec 03
RCI.B: Sustainable Pricing And Sports Upside Will Support Balanced Medium-Term Outlook
The analyst’s fair value estimate for Rogers Communications has inched higher by approximately $0.12 to about $59.04, as analysts lift price targets in response to sustainable pricing improvements, modestly stronger long term revenue and margin assumptions, and higher 2025 EBITDA expectations tied to lower costs and incremental sports related upside. Analyst Commentary Bullish analysts are generally constructive on Rogers Communications, pointing to a series of upward price target revisions in both Canadian dollar and U.S. dollar terms.Narrative Update • Nov 19
RCI.B: Sustainable Pricing And Lower Costs Will Support Modest Upside Potential
Rogers Communications’ fair value price target has been modestly raised from $58.69 to $58.93. This reflects analysts’ view that sustainable pricing improvements and lowered costs are supporting a more favorable outlook for the company.Narrative Update • Nov 04
RCI.B: Margin Improvements And Major League Sports Will Affect Earnings Outlook
Analysts have raised their price targets for Rogers Communications, reflecting an increase from approximately C$59 to as high as C$62. They cite improved margin forecasts, lower costs, and sustained growth expectations.Analysis Article • Oct 31
Rogers Communications (TSE:RCI.B) Is Paying Out A Dividend Of CA$0.50
The board of Rogers Communications Inc. ( TSE:RCI.B ) has announced that it will pay a dividend of CA$0.50 per share on...Narrative Update • Oct 21
Analysts Lift Targets for Rogers Communications as Revenue Outlook Improves Amid Positive Sector Trends
Analysts have modestly increased their price targets for Rogers Communications. This reflects a rise in estimated fair value to $56.84, driven by steady revenue growth forecasts and reinforced by recent positive sector research.Narrative Update • Sep 27
Satellite Texting And 5G Will Expand Rural Connectivity
Rogers Communications’ consensus price target saw a slight increase to CA$56.07, as analysts revised models upward following Q2 results that met or exceeded expectations and updated 2025 guidance, reflecting improved operational performance. Analyst Commentary Price targets were lifted due to Rogers Communications’ Q2 results being in line with or exceeding expectations on most key metrics.CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2026 | n/a | n/a | CA$6b |
| Mar 31 2026 | n/a | n/a | CA$7b |
| Dec 31 2025 | CA$15m | CA$2m | CA$7b |
| Sep 30 2025 | n/a | n/a | CA$7b |
| Jun 30 2025 | n/a | n/a | CA$2b |
| Mar 31 2025 | n/a | n/a | CA$2b |
| Dec 31 2024 | CA$14m | CA$1m | CA$2b |
| Sep 30 2024 | n/a | n/a | CA$2b |
| Jun 30 2024 | n/a | n/a | CA$879m |
| Mar 31 2024 | n/a | n/a | CA$594m |
| Dec 31 2023 | CA$13m | CA$1m | CA$849m |
| Sep 30 2023 | n/a | n/a | CA$1b |
| Jun 30 2023 | n/a | n/a | CA$1b |
| Mar 31 2023 | n/a | n/a | CA$2b |
| Dec 31 2022 | CA$32m | CA$1m | CA$2b |
| Sep 30 2022 | n/a | n/a | CA$2b |
| Jun 30 2022 | n/a | n/a | CA$2b |
| Mar 31 2022 | n/a | n/a | CA$2b |
| Dec 31 2021 | CA$5m | CA$790k | CA$2b |
| Sep 30 2021 | n/a | n/a | CA$2b |
| Jun 30 2021 | n/a | n/a | CA$2b |
| Mar 31 2021 | n/a | n/a | CA$2b |
| Dec 31 2020 | CA$4m | CA$757k | CA$2b |
| Sep 30 2020 | n/a | n/a | CA$2b |
| Jun 30 2020 | n/a | n/a | CA$2b |
| Mar 31 2020 | n/a | n/a | CA$2b |
| Dec 31 2019 | CA$5m | CA$770k | CA$2b |
Compensation vs Market: Tony's total compensation ($USD11.04M) is above average for companies of similar size in the Canadian market ($USD7.83M).
Compensation vs Earnings: Tony's compensation has been consistent with company performance over the past year.
CEO
Tony Staffieri (61 yo)
4.8yrs
Tenure
CA$15,447,931
Compensation
Mr. Anthony Staffieri, also known as Tony, FCPA, FCA, has been the President, Chief Executive Officer and Director of Shaw Communications Inc. He is President, CEO and Director of Rogers Communications Inc...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 29.3yrs | CA$5.62m | 0.44% CA$ 119.8m | |
| President | 4.8yrs | CA$15.45m | 0.00064% CA$ 173.8k | |
| Chief Financial Officer | 4.7yrs | CA$3.84m | 0.00063% CA$ 171.1k | |
| President of Group Operations | 2.6yrs | CA$4.06m | 0.00099% CA$ 268.8k | |
| President of Residential | 2.6yrs | CA$3.44m | 0.00052% CA$ 141.2k | |
| Chief Technology Officer | 2yrs | no data | 0.00023% CA$ 62.5k | |
| Chief Information & Cyber Security Officer | 1.9yrs | no data | no data | |
| Vice President of Investor Relations | no data | no data | no data | |
| Chief Legal Officer & Corporate Secretary | 4.7yrs | no data | 0.000010% CA$ 2.7k | |
| Chief Brand & Communications Officer | 3.4yrs | no data | no data | |
| Chief Human Resources Officer | 2.6yrs | no data | 0% CA$ 0 | |
| President of Business | 4.2yrs | no data | 0.00018% CA$ 48.9k |
2.6yrs
Average Tenure
61yo
Average Age
Experienced Management: RCI.B's management team is considered experienced (2.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 29.3yrs | CA$5.62m | 0.44% CA$ 119.8m | |
| President | 4.7yrs | CA$15.45m | 0.00064% CA$ 173.8k | |
| Independent Director | 2.4yrs | CA$225.81k | 0.035% CA$ 9.6m | |
| Independent Director | 4.9yrs | CA$255.06k | 0.00018% CA$ 48.9k | |
| Independent Director | 4.4yrs | CA$232.36k | 0.0011% CA$ 298.7k | |
| Non-Independent Director | 3.4yrs | CA$17.53m | 0.55% CA$ 148.5m | |
| Independent Director | 4.9yrs | CA$256.86k | 0.0020% CA$ 554.0k | |
| Independent Director | 4.9yrs | CA$218.81k | no data | |
| Independent Lead Director | 9.4yrs | CA$317.36k | 0.0074% CA$ 2.0m | |
| Independent Director | 3.4yrs | CA$229.81k | 0.00090% CA$ 244.4k | |
| Independent Director | 4.4yrs | CA$224.31k | no data | |
| Non-Independent Director | 3.4yrs | CA$218.81k | no data |
4.5yrs
Average Tenure
62.5yo
Average Age
Experienced Board: RCI.B's board of directors are considered experienced (4.5 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/09/17 04:20 |
| End of Day Share Price | 2026/09/17 00:00 |
| Earnings | 2026/06/30 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Rogers Communications Inc. is covered by 31 analysts. 16 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Amman Saeed | Accountability Research Corporation |
| David McFadgen | ATB Cormark |
| Kannan Venkateshwar | Barclays |