NYSE:SJRShaw Communications Stock Price, Forecast & News

Shaw Communications' stock was trading at $15.80 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, SJR stock has increased by 6.8% and is now trading at $16.87. 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) posted its earnings results on Thursday, April, 9th. The company reported $0.32 earnings per share for the quarter, topping the consensus estimate of $0.24 by $0.08. The business had revenue of $1.36 billion for the quarter, compared to analyst estimates of $1.35 billion. Shaw Communications had a return on equity of 11.56% and a net margin of 13.32%. The firm's revenue was up 3.7% compared to the same quarter last year. During the same period last year, the firm posted $0.30 EPS. View Shaw Communications' earnings history.

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

6 brokerages have issued 12-month target prices for Shaw Communications' shares. Their forecasts range from $24.00 to $32.00. On average, they expect Shaw Communications' stock 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.

News coverage about SJR stock has been trending extremely positive on Thursday, InfoTrie Sentiment reports. InfoTrie identifies negative and positive press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Shaw Communications earned a media sentiment score of 4.7 on InfoTrie's scale. They also assigned media stories about the company a news buzz of 4.0 out of 10, indicating that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the near term. View the latest news aboutShaw Communications.

Shaw Communications saw a increase in short interest in the month of 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 stock are short sold. View Shaw Communications' Current Options Chain.

Some companies that are related to Shaw Communications include Liberty Broadband Corp Series C (LBRDK), Liberty Broadband Corp Series A (LBRDA), Rogers Communications (RCI), DISH Network (DISH), Altice USA (ATUS), Liberty Global (LBTYB), Liberty Global (LBTYA), Roku (ROKU), 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 many different retail and institutional 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 bought 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 $16.87.

Shaw Communications has a market capitalization of $8.28 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.