Rogers Communications (STU:RCIB) Shares Outstanding (Basic Average): 540 Mil (As of Mar. 2026)


STU:RCIB Rogers Communications Inc STU:RCIB
87 GF Score
Price €31.21
GF Value €34.38
! 7 Warning Signs
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What is Rogers Communications Shares Outstanding (Basic Average)?

Rogers Communications STU:RCIB -2.59% 87 Shares Outstanding (Basic Average) is 540 Mil as of Mar. 2026. GuruFocus rates STU:RCIB with a GF Score™ of 87/100 and a GF Value™ of €34.38. The stock has 7 warning signs investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Rogers Communications's average basic shares outstanding for the quarter that ended in Mar. 2026 was 540 Mil.


Rogers Communications  (STU:RCIB) Shares Outstanding (Basic Average) Explanation

A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.


Be Aware

Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.


Rogers Communications Shares Outstanding (Basic Average) Related Terms


Rogers Communications Shares Outstanding (Basic Average) Historical Data

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The historical data trend for Rogers Communications's Shares Outstanding (Basic Average) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Rogers Communications Shares Outstanding (Basic Average) Chart

Rogers Communications Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shares Outstanding (Basic Average)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 505.00 505.00 523.00 534.00 540.00

Rogers Communications Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Shares Outstanding (Basic Average) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 538.00 540.00 540.00 543.00 540.00
STU:RCIB
87GF Score
Rogers Communications Inc STU:RCIB
Shares Outstanding (Basic Average) is just one metric. See GF Score™, valuation, warning signs, and more.
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Rogers Communications Shares Outstanding (Basic Average) Calculation

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.

Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.

Please note: GuruFocus named Shares Outstanding (EOP) is the shares for that exact time point. It is usually used to calculate balance sheet related items, such as Book Value per Share, etc. While Shares Outstanding (Diluted Average) and Shares Outstanding (Basic Average) are the weighted average shares over a period of time (a year, a quarter, or so). They are usually used to calculate income statement or cashflow statement related items, such as Earnings per Share (Diluted), etc.

What does a Shares Outstanding (Basic Average) of 540 Mil mean?
Rogers Communications (STU:RCIB) has a Shares Outstanding (Basic Average) of 540 Mil as of Mar. 2026. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Rogers Communications and its competitors.
Is Rogers Communications' Shares Outstanding (Basic Average) too high?
Rogers Communications' current Shares Outstanding (Basic Average) is 540 Mil. Overall, Rogers Communications has a GF Score™ of 87/100, reflecting its overall financial health beyond just this single metric.
How does Rogers Communications' Shares Outstanding (Basic Average) compare to TMUS and VZ?
Rogers Communications' Shares Outstanding (Basic Average) of 540 Mil can be compared against companies in the Telecommunication Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shares Outstanding (Basic Average) for a Telecommunication Services company?
A good Shares Outstanding (Basic Average) depends on the Telecommunication Services industry context. However, Shares Outstanding (Basic Average) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shares Outstanding (Basic Average) mean?
A high Shares Outstanding (Basic Average) can signal that a stock is expensive relative to its fundamentals. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Rogers Communications and its competitors. Rogers Communications's current Shares Outstanding (Basic Average) is 540 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rogers Communications stock overvalued right now?
Rogers Communications (STU:RCIB) has a current Shares Outstanding (Basic Average) of 540 Mil. The stock's GF Value™ is €34.38, compared to a current price of €31.21 — trading 9.2% below its estimated fair value. The current Shares Outstanding (Basic Average) is 540 Mil. Rogers Communications' overall GF Score™ is 87/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (Basic Average) calculated?
Shares Outstanding (Basic Average) is calculated from a company's financial statements. For Rogers Communications (STU:RCIB), the current Shares Outstanding (Basic Average) is 540 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Rogers Communications (STU:RCIB) Overvalued in 2026?

Based on GuruFocus' analysis, Rogers Communications stock appears to be undervalued. The current stock price of €31.21 is trading 9.2% below its estimated GF Value™ of €34.38.

Key valuation signals for STU:RCIB:

  • Shares Outstanding (Basic Average): 540 Mil
  • GF Value™: €34.38 vs. price of €31.21 (9.2% below fair value)
  • GF Score™: 87/100 with 7 warning signs

No single metric tells the full story. See the STU:RCIB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Rogers Communications Business Description

Address 333 Bloor Street East, 10th Floor, Toronto, ON, CAN, M4W 1G9
Rogers Communications is the largest wireless service provider in Canada with more than 11 million subscribers, equating to one-third of the total Canadian market. Rogers' wireless business accounts for more than half of total revenue and has been growing at a higher rate than other segments. The cable segment, which provides about 38% of total revenue after acquiring Shaw, offers home internet, television, and landline phone service to consumers and businesses. Remaining sales come from Rogers' media unit, which owns and operates various television and radio stations and major Toronto sports franchises, including the Blue Jays, Maple Leafs, Raptors, Toronto FC, and Argonauts.
87GF Score

Get the complete analysis for STU:RCIB

Shares Outstanding (Basic Average) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€31.21
Price
€34.38
GF Value