B. Riley Has Bearish Forecast for Rogers FY2026 Earnings

Rogers Co. (NYSE:ROG) – Investment analysts at B. Riley reduced their FY2026 earnings per share (EPS) estimates for shares of Rogers in a report released on Thursday, April 24th. B. Riley analyst C. Ellis now forecasts that the electronics maker will earn $3.15 per share for the year, down from their previous forecast of $3.55. The consensus estimate for Rogers’ current full-year earnings is $3.57 per share.

Separately, CL King assumed coverage on Rogers in a research note on Monday, March 31st. They set a “buy” rating and a $85.00 price target for the company.

Rogers Trading Up 3.1 %

Shares of ROG opened at $59.48 on Monday. Rogers has a twelve month low of $51.43 and a twelve month high of $134.07. The firm has a market capitalization of $1.10 billion, a P/E ratio of 42.18 and a beta of 0.51. The firm’s 50-day moving average is $68.01 and its two-hundred day moving average is $89.02.

Rogers (NYSE:ROG) last announced its quarterly earnings data on Tuesday, April 29th. The electronics maker reported $0.27 earnings per share for the quarter, beating analysts’ consensus estimates of $0.25 by $0.02. Rogers had a return on equity of 3.98% and a net margin of 3.14%.

Hedge Funds Weigh In On Rogers

Several hedge funds and other institutional investors have recently made changes to their positions in ROG. Norges Bank acquired a new position in shares of Rogers during the fourth quarter worth $113,725,000. Neuberger Berman Group LLC lifted its holdings in Rogers by 35.6% in the 4th quarter. Neuberger Berman Group LLC now owns 972,623 shares of the electronics maker’s stock worth $98,828,000 after buying an additional 255,423 shares in the last quarter. Ameriprise Financial Inc. boosted its position in Rogers by 66.0% in the 4th quarter. Ameriprise Financial Inc. now owns 453,144 shares of the electronics maker’s stock valued at $46,044,000 after buying an additional 180,086 shares during the last quarter. Nuance Investments LLC grew its stake in Rogers by 26.6% during the 4th quarter. Nuance Investments LLC now owns 810,081 shares of the electronics maker’s stock valued at $82,312,000 after purchasing an additional 170,145 shares in the last quarter. Finally, Oddo BHF Asset Management Sas bought a new position in Rogers during the 3rd quarter valued at $17,517,000. Institutional investors and hedge funds own 96.02% of the company’s stock.

About Rogers

Rogers Corporation engages in the design, development, manufacture, and sale of engineered materials and components worldwide. It operates through Advanced Electronics Solutions (AES), Elastomeric Material Solutions (EMS), and Other segments. The AES segment offers circuit materials, ceramic substrate materials, busbars, and cooling solutions for applications in electric and hybrid electric vehicles (EV/HEV), wireless infrastructure, automotive, renewable energy, aerospace and defense, mass transit, industrial, connected devices, and wired infrastructure.