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. Stockholders of record on Friday, May 15th will be paid a dividend of $0.0757 per share on Thursday, May 28th. This represents a $0.91 annualized dividend and a dividend yield of 4.65%. The ex-dividend date of this dividend is Thursday, May 14th. This is a positive change from Shaw Communications's previous monthly dividend of $0.08. View Shaw Communications' Dividend History.

Shaw Communications Inc (NYSE:SJR) announced its quarterly earnings data on Monday, January, 13th. The company reported $0.31 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.28 by $0.03. The business 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%. Shaw Communications's revenue was up 2.1% on a year-over-year basis. During the same quarter in the prior 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 brokerages have issued 12-month target prices for Shaw Communications' stock. Their forecasts range from $28.00 to $35.00. On average, they anticipate Shaw Communications' stock price to reach $31.00 in the next year. This suggests a possible upside of 58.6% 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.

Press coverage about SJR stock has trended very negative this week, InfoTrie reports. The research group identifies positive and negative press coverage by reviewing 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 news sentiment score of -3.0 on InfoTrie's scale. They also gave news articles about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the next few days. 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 short-interest ratio is presently 2.9 days. Approximately 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), 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), Verizon Communications (VZ), New Age Brands (NF), Black Box (BBOX), AT&T (T), Enbridge (ENB), IBM (IBM), Main Street Capital (MAIN), Exxon Mobil (XOM) and Cominar REIT (CUF.UN).

Shaw Communications' stock is owned by many different of retail and institutional investors. Top institutional shareholders include TD Asset Management Inc. (3.00%), Caisse DE Depot ET Placement DU Quebec (2.49%), Great West Life Assurance Co. Can (1.44%), Toronto Dominion Bank (1.44%), Credit Suisse AG (1.04%) and Parnassus Investments CA (0.98%).

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 acquired by a variety of institutional investors in the last quarter, including Credit Suisse AG, Toronto Dominion Bank, Parnassus Investments CA, M&G Investment Management Ltd., Skandinaviska Enskilda Banken AB publ , Sumitomo Mitsui Trust Holdings Inc., First Trust Advisors LP and Alberta Investment Management Corp.

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 $19.54.

Shaw Communications has a market capitalization of $9.66 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.