NYSE:SJR - Shaw Communications Stock Price, Forecast & News

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

Shaw Communications declared a monthly dividend on Wednesday, January 15th. Shareholders of record on Friday, May 15th will be given a dividend of $0.0757 per share on Thursday, May 28th. This represents a $0.91 annualized dividend and a yield of 4.58%. The ex-dividend date is Thursday, May 14th. This is a boost from Shaw Communications's previous monthly dividend of $0.08. View Shaw Communications' Dividend History.

Shaw Communications Inc (NYSE:SJR) issued its earnings results on Monday, January, 13th. The company reported $0.31 earnings per share for the quarter, beating the consensus estimate of $0.28 by $0.03. The firm had revenue of $1.38 billion for the quarter, compared to analysts' expectations of $1.38 billion. Shaw Communications had a net margin of 13.22% and a return on equity of 11.41%. The business's quarterly revenue was up 2.1% on a year-over-year basis. During the same period in the previous year, the business posted $0.36 earnings per share. View Shaw Communications' Earnings History.

Shaw Communications is scheduled to release their next quarterly earnings announcement on Tuesday, April 14th 2020. View Earnings Estimates for Shaw Communications.

6 equities research analysts have issued 1 year target prices for Shaw Communications' shares. Their forecasts range from $28.00 to $32.00. On average, they expect Shaw Communications' share price to reach $30.00 in the next twelve months. This suggests a possible upside of 51.2% from the stock's current price. View Analyst Price Targets for Shaw Communications.

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.

News coverage about SJR stock has been trending somewhat negative this week, InfoTrie Sentiment reports. The research group scores the sentiment of news coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Shaw Communications earned a news impact score of -1.4 on InfoTrie's scale. They also assigned media stories about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the near term. View News Stories for Shaw Communications.

Shaw Communications saw a drop in short interest in the month of January. As of January 15th, there was short interest totalling 1,110,000 shares, a drop of 14.0% from the December 31st total of 1,290,000 shares. Based on an average daily volume of 455,200 shares, the short-interest ratio is presently 2.4 days. Currently, 0.2% of the shares of the stock are sold short. View Shaw Communications' Current Options Chain.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other Shaw Communications investors own include Shaw Communications (SJR.B), New Age Brands (NF), Black Box (BBOX), Verizon Communications (VZ), AT&T (T), Enbridge (ENB), Main Street Capital (MAIN), IBM (IBM), Exxon Mobil (XOM) and Cominar REIT (CUF.UN).

Shaw Communications' stock is owned by a variety of of institutional and retail investors. Top institutional investors include Assenagon Asset Management S.A. (0.03%), JCIC Asset Management Inc. (0.02%), Zurcher Kantonalbank Zurich Cantonalbank (0.02%), CLARET ASSET MANAGEMENT Corp (0.02%), Cardinal Capital Management Inc. (0.02%) and Eqis Capital Management Inc. (0.01%).

SJR stock was sold by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., CLARET ASSET MANAGEMENT Corp, JCIC Asset Management Inc., DORCHESTER WEALTH MANAGEMENT Co and Eqis Capital Management Inc..

SJR stock was bought by a variety of institutional investors in the last quarter, including Cardinal Capital Management Inc. and Zurcher Kantonalbank Zurich Cantonalbank .

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 $19.84.

Shaw Communications has a market capitalization of $9.82 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.View Additional Information About Shaw Communications.

The official website for Shaw Communications is http://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.