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. Investors 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 dividend on an annualized basis and a dividend yield of 4.80%. 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) posted its quarterly earnings results on Monday, January, 13th. The company reported $0.31 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.28 by $0.03. The business earned $1.38 billion during the quarter, compared to analyst estimates of $1.38 billion. Shaw Communications had a net margin of 13.22% and a return on equity of 11.41%. Shaw Communications's revenue was up 2.1% on a year-over-year basis. During the same period in the prior year, the firm posted $0.36 EPS. 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 analysts have issued 12 month price targets for Shaw Communications' shares. Their forecasts range from $28.00 to $35.00. On average, they expect Shaw Communications' share price to reach $31.00 in the next year. This suggests a possible upside of 63.8% 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 headlines about SJR stock have trended neutral this week, InfoTrie reports. The research group ranks the sentiment of press coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Shaw Communications earned a news sentiment score of 0.4 on InfoTrie's scale. They also gave media stories about the company a news buzz of 9.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the company's share price in the near term. View News Stories for Shaw Communications.

Shaw Communications saw a increase in short interest in January. As of January 31st, there was short interest totalling 1,420,000 shares, an increase of 27.9% from the January 15th total of 1,110,000 shares. Based on an average daily trading volume, of 486,100 shares, the days-to-cover ratio is presently 2.9 days. Currently, 0.3% of the company's shares are short sold. 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), Discovery Inc Series C (DISCK), Roku (ROKU), 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), Verizon Communications (VZ), New Age Brands (NF), Black Box (BBOX), AT&T (T), IBM (IBM), Enbridge (ENB), Main Street Capital (MAIN), Exxon Mobil (XOM) and Enterprise Products Partners (EPD).

Shaw Communications' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include TD Asset Management Inc. (3.00%), Capital World Investors (2.87%), Caisse DE Depot ET Placement DU Quebec (2.49%), 1832 Asset Management L.P. (1.74%), Great West Life Assurance Co. Can (1.44%) and Toronto Dominion Bank (1.44%).

SJR stock was sold by a variety of institutional investors in the last quarter, including Public Sector Pension Investment Board, FIL Ltd, Russell Investments Group Ltd., DekaBank Deutsche Girozentrale, FMR LLC, Great West Life Assurance Co. Can, Barclays PLC and Connor Clark & Lunn Investment Management Ltd..

SJR stock was purchased by a variety of institutional investors in the last quarter, including Credit Suisse AG, Capital World Investors, Toronto Dominion Bank, Parnassus Investments CA, Cidel Asset Management Inc., M&G Investment Management Ltd., Janus Henderson Group PLC and Skandinaviska Enskilda Banken AB publ .

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 $18.93.

Shaw Communications has a market capitalization of $9.36 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.