NYSE:SJRShaw Communications Stock Price, Forecast & News

Shaw Communications' stock was trading at $15.80 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, SJR stock has increased by 6.8% and is now trading at $16.88. View which stocks have been most impacted by Coronavirus.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Shaw Communications in the last year. There are currently 1 hold rating and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Shaw Communications.

Shaw Communications is scheduled to release its next quarterly earnings announcement on Thursday, June 25th 2020. View our earnings forecast for Shaw Communications.

Shaw Communications Inc (NYSE:SJR) issued its earnings results on Thursday, April, 9th. The company reported $0.32 EPS for the quarter, topping the Zacks' consensus estimate of $0.24 by $0.08. The firm had revenue of $1.36 billion for the quarter, compared to the consensus estimate of $1.35 billion. Shaw Communications had a return on equity of 11.56% and a net margin of 13.32%. The firm's quarterly revenue was up 3.7% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.30 EPS. View Shaw Communications' earnings history.

Shaw Communications declared a monthly dividend on Wednesday, April 15th. Stockholders of record on Friday, August 14th will be paid a dividend of $0.0707 per share on Friday, August 28th. This represents a $0.85 dividend on an annualized basis and a dividend yield of 5.03%. The ex-dividend date of this dividend is Thursday, August 13th. This is a positive change from Shaw Communications's previous monthly dividend of $0.07. View Shaw Communications' dividend history.

6 equities research analysts have issued 12 month price targets for Shaw Communications' stock. Their forecasts range from $24.00 to $32.00. On average, they expect Shaw Communications' share price to reach $27.00 in the next twelve months. This suggests a possible upside of 60.0% from the stock's current price. View analysts' price targets for Shaw Communications.

Headlines about SJR stock have trended extremely negative recently, according to InfoTrie Sentiment Analysis. The research firm rates the sentiment of media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Shaw Communications earned a daily sentiment score of -4.0 on InfoTrie's scale. They also assigned news articles about the company a news buzz of 1.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View the latest news aboutShaw Communications.

Shaw Communications saw a increase in short interest in May. As of May 15th, there was short interest totaling 2,230,000 shares, an increase of 19.9% from the April 30th total of 1,860,000 shares. Based on an average daily volume of 1,010,000 shares, the short-interest ratio is currently 2.2 days. Currently, 0.5% of the shares of the company are short sold. View Shaw Communications' Current Options Chain.

Some companies that are related to Shaw Communications include Liberty Broadband Corp Series A (LBRDA), Liberty Broadband Corp Series C (LBRDK), Rogers Communications (RCI), DISH Network (DISH), Altice USA (ATUS), Liberty Global (LBTYB), Roku (ROKU), Liberty Global (LBTYA), Liberty Global (LBTYK), Discovery Communications (DISCA), Discovery Inc Series C (DISCK), Cable One (CABO), Viacom (VIAB), ITV PLC/ADR (ITVPY) and Qurate Retail Inc Series B (QRTEB). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Shaw Communications investors own include AT&T (T), Verizon Communications (VZ), Johnson & Johnson (JNJ), Exxon Mobil (XOM), Stag Industrial (STAG), AbbVie (ABBV), Cisco Systems (CSCO), Enterprise Products Partners (EPD), Wells Fargo & Co (WFC) and Realty Income (O).

Shaw Communications trades on the New York Stock Exchange (NYSE) under the ticker symbol "SJR."

Shaw Communications' stock is owned by a variety of institutional and retail investors. Top institutional investors include Mackenzie Financial Corp (4.51%), Caisse DE Depot ET Placement DU Quebec (2.52%), 1832 Asset Management L.P. (1.79%), CIBC Asset Management Inc (1.73%), Capital World Investors (1.55%) and Canada Pension Plan Investment Board (1.10%).

SJR stock was sold by a variety of institutional investors in the last quarter, including 1832 Asset Management L.P., Capital World Investors, Toronto Dominion Bank, Mackenzie Financial Corp, Skandinaviska Enskilda Banken AB publ , Deutsche Bank AG, Morgan Stanley, and Invesco Ltd..

SJR stock was acquired by a variety of institutional investors in the last quarter, including Canada Pension Plan Investment Board, Unigestion Holding SA, CIBC World Markets Inc., Connor Clark & Lunn Investment Management Ltd., CIBC Asset Management Inc, Janus Henderson Group PLC, First Trust Advisors LP, and Assenagon Asset Management S.A..

Shares of SJR can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of SJR stock can currently be purchased for approximately $16.88.

Shaw Communications has a market capitalization of $8.29 billion and generates $4.05 billion in revenue each year. The company earns $551.39 million in net income (profit) each year or $1.08 on an earnings per share basis. Shaw Communications employs 10,000 workers across the globe.

The official website for Shaw Communications is www.shaw.ca.

Shaw Communications' mailing address is 630 - 3rd Avenue S.W Suite 900, Calgary A0, T2P 4L4. The company can be reached via phone at 403-750-4500.