NYSE:SJR Shaw Communications - SJR Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Shaw Communications Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $28.68 -0.12 (-0.42%) (As of 03/29/2023 12:00 AM ET) Add Compare Share Share Today's Range$28.67▼$28.9150-Day Range$28.33▼$29.9152-Week Range$23.64▼$31.60Volume664,596 shsAverage Volume1.12 million shsMarket Capitalization$13.70 billionP/E Ratio25.16Dividend Yield3.03%Price Target$40.50 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Shaw Communications MarketRank™ ForecastAnalyst RatingHold2.33 Rating ScoreUpside/Downside41.2% Upside$40.50 Price TargetShort InterestHealthy0.86% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainability-1.23Upright™ Environmental ScoreNews Sentiment0.19Based on 3 Articles This WeekInsider TradingN/AProj. Earnings Growth3.67%From $1.09 to $1.13 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.10 out of 5 starsConsumer Discretionary Sector168th out of 262 stocksCable & Other Pay Television Services Industry17th out of 22 stocks 3.2 Analyst's Opinion Consensus RatingShaw Communications has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 2 buy ratings, 4 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $40.50, Shaw Communications has a forecasted upside of 41.2% from its current price of $28.68.Amount of Analyst CoverageShaw Communications has only been the subject of 4 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted0.86% of the float of Shaw Communications has been sold short.Short Interest Ratio / Days to CoverShaw Communications has a short interest ratio ("days to cover") of 3.2, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Shaw Communications has recently increased by 33.55%, indicating that investor sentiment is decreasing significantly. Previous Next 0.8 Dividend Strength Dividend YieldShaw Communications pays a meaningful dividend of 3.06%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthShaw Communications does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Shaw Communications is 76.32%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on EPS estimates, Shaw Communications will have a dividend payout ratio of 76.99% in the coming year. This indicates that Shaw Communications may not be able to sustain their current dividend. Previous Next 2.6 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreShaw Communications has received a 16.75% net impact score from Upright. Shaw Communications seems to create the most significant positive value in categories "Taxes", "Knowledge infrastructure", and "Jobs". The positive contribution in the "Knowledge infrastructure" impact category is mostly driven by its "Fiber optics internet provision", "Fixed consumer internet provision", and "Mobile consumer internet provision" products. See details.Environmental SustainabilityThe Environmental Impact score for Shaw Communications is -1.23. Previous Next 1.8 News and Social Media Coverage News SentimentShaw Communications has a news sentiment score of 0.19. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.55 average news sentiment score of Consumer Discretionary companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Shaw Communications this week, compared to 2 articles on an average week.Search InterestOnly 5 people have searched for SJR on MarketBeat in the last 30 days. This is a decrease of -29% compared to the previous 30 days.MarketBeat FollowsOnly 3 people have added Shaw Communications to their MarketBeat watchlist in the last 30 days. This is a decrease of -63% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Shaw Communications insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.00% of the stock of Shaw Communications is held by insiders.Percentage Held by Institutions55.44% of the stock of Shaw Communications is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Shaw Communications are expected to grow by 3.67% in the coming year, from $1.09 to $1.13 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Shaw Communications is 25.16, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 130.16.Price to Earnings Ratio vs. SectorThe P/E ratio of Shaw Communications is 25.16, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 15.03.Price to Book Value per Share RatioShaw Communications has a P/B Ratio of 2.79. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Shaw Communications (NYSE:SJR) StockShaw Communications, Inc. engages in the provision of cable telecommunications and satellite video services. The company was founded by James Robert Shaw on December 9, 1966 and is headquartered in Calgary, Canada.Read More Receive SJR Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Shaw Communications and its competitors with MarketBeat's FREE daily newsletter. Email Address SJR Stock News HeadlinesMarch 24, 2023 | americanbankingnews.comShaw Communications Inc. (NYSE:SJR) Given Average Rating of "Hold" by AnalystsMarch 20, 2023 | americanbankingnews.comStockNews.com Upgrades Shaw Communications (NYSE:SJR) to "Hold"March 29, 2023 | Porter & Company (Ad)Biden’s Big Lie…Biden is about to steal the 2024 election... Not through voter suppression, collision with Big Tech, or anything else you might be thinking of. March 15, 2023 | marketwatch.comShaw Communications Inc. Cl B NV stock falls Wednesday, still outperforms marketFebruary 22, 2023 | seekingalpha.comSJR.B:CA Shaw Communications Inc.February 20, 2023 | finance.yahoo.comRogers-Shaw lawyers could nab bigger share of C$100 million-plus fee jackpotFebruary 13, 2023 | theglobeandmail.comNDP Leader Jagmeet Singh urges Ottawa to block Rogers’s takeover of ShawFebruary 3, 2023 | finance.yahoo.comRogers Communications (RCI) Q4 Earnings Beat, Revenues MissMarch 29, 2023 | Porter & Company (Ad)Biden’s Big Lie…Biden is about to steal the 2024 election... Not through voter suppression, collision with Big Tech, or anything else you might be thinking of. January 25, 2023 | baystreet.caCourt Rejects Competition Bureau’s Appeal Of Rogers-Shaw DealJanuary 24, 2023 | marketwatch.comShaw Communications Inc. Cl B NV stock rises Tuesday, outperforms marketJanuary 24, 2023 | finance.yahoo.comCANADA STOCKS-Toronto market ends slightly down as Magna slidesJanuary 24, 2023 | theglobeandmail.comFederal court probes Competition Bureau’s argument to block Rogers-Shaw takeoverJanuary 24, 2023 | theglobeandmail.comRogers-Shaw, regulator to duke it out in federal court over $20-billion takeover bidJanuary 24, 2023 | finance.yahoo.comRogers-Shaw, Canada regulator to duke it out in federal court over C$20 bln bidJanuary 24, 2023 | finance.yahoo.comRogers-Shaw, Canada regulator to duke it out in federal court over C$20 billion bidJanuary 17, 2023 | ca.finance.yahoo.comRogers, Shaw say merger 'must be allowed to proceed'January 9, 2023 | theglobeandmail.comCompetition Bureau expands its appeal of decision to approve Rogers-Shaw dealJanuary 3, 2023 | markets.businessinsider.comRBC Capital downgrades Shaw Communications (SJR) to a HoldJanuary 3, 2023 | ca.finance.yahoo.comCompetition Bureau appeal of Rogers-Shaw approval to be heard Jan. 24December 30, 2022 | finance.yahoo.comRogers and Shaw Issue Statement on Commissioner of Competition’s Application for an Injunction and Appeal of the Tribunal DecisionDecember 30, 2022 | finanznachrichten.deRogers Communications Canada Inc.: Rogers, Shaw Welcome Competition Tribunal DecisionDecember 14, 2022 | finance.yahoo.comAs Rogers-Shaw court battle wraps up, investors hope for early verdictDecember 9, 2022 | theglobeandmail.comClosing arguments filed ahead of final Rogers-Shaw merger hearingsDecember 9, 2022 | ca.finance.yahoo.comRogers, Shaw say Competition Bureau 'has not come close' to proving case to block mergerDecember 6, 2022 | finance.yahoo.comShaw Charity Classic Presented by Suncor Celebrates 10th Anniversary by Generating $17,489,219 for Alberta Kids CharitiesDecember 5, 2022 | seekingalpha.comBCE: More Fiber, Dividends, And CustomersSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive SJR Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Shaw Communications and its competitors with MarketBeat's FREE daily newsletter. Email Address SJR Company Calendar Last Earnings1/12/2023Ex-Dividend for 2/27 Dividend2/14/2023Dividend Payable2/27/2023Ex-Dividend for 3/30 Dividend3/14/2023Today3/29/2023Dividend Payable3/30/2023Next Earnings (Estimated)4/12/2023Fiscal Year End8/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Cable & other pay television services Sub-IndustryN/A SectorConsumer Discretionary Current SymbolNYSE:SJR CUSIPN/A CIK932872 Webwww.shaw.ca Phone(403) 750-4500FaxN/AEmployees9,400Year Founded1966Price Target and Rating Average Stock Price Forecast$40.50 High Stock Price Forecast$40.50 Low Stock Price Forecast$40.50 Forecasted Upside/Downside+41.2%Consensus RatingHold Rating Score (0-4)2.33 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)$1.14 Trailing P/E Ratio25.16 Forward P/E Ratio26.31 P/E GrowthN/ANet Income$600.66 million Net Margins13.57% Pretax Margin18.14% Return on Equity11.70% Return on Assets4.67% Debt Debt-to-Equity Ratio0.63 Current Ratio0.68 Quick Ratio0.63 Sales & Book Value Annual Sales$4.28 billion Price / Sales3.20 Cash Flow$3.32 per share Price / Cash Flow8.63 Book Value$10.28 per share Price / Book2.79Miscellaneous Outstanding Shares477,760,000Free Float472,982,000Market Cap$13.70 billion OptionableOptionable Beta0.52 Social Links Key ExecutivesBradley S. ShawChairman & Chief Executive OfficerPaul McAleesePresidentZoran StakicChief Operating & Technology OfficerTrevor EnglishCFO, Chief Corporate Development Officer & EVPDan MarkouChief People & Culture Officer, Executive VPKey CompetitorsLiberty BroadbandNASDAQ:LBRDALiberty BroadbandNASDAQ:LBRDKRokuNASDAQ:ROKULiberty GlobalNASDAQ:LBTYKLiberty GlobalNASDAQ:LBTYAView All CompetitorsInstitutional OwnershipDiametric Capital LPBought 40,000 shares on 3/29/2023Ownership: 0.008%Voya Investment Management LLCSold 2,697 shares on 2/28/2023Ownership: 0.003%NatixisBought 355,404 shares on 2/24/2023Ownership: 0.111%Alliancebernstein L.P.Bought 14,321 shares on 2/16/2023Ownership: 0.290%Captrust Financial AdvisorsSold 388 shares on 2/15/2023Ownership: 0.005%View All Institutional Transactions SJR Stock - Frequently Asked Questions Should I buy or sell Shaw Communications stock right now? 6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Shaw Communications in the last twelve months. There are currently 4 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" SJR shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SJR, but not buy additional shares or sell existing shares. View SJR analyst ratings or view top-rated stocks. What is Shaw Communications' stock price forecast for 2023? 6 Wall Street research analysts have issued twelve-month price objectives for Shaw Communications' shares. Their SJR share price forecasts range from $40.50 to $40.50. On average, they expect the company's share price to reach $40.50 in the next year. This suggests a possible upside of 41.0% from the stock's current price. View analysts price targets for SJR or view top-rated stocks among Wall Street analysts. How have SJR shares performed in 2023? Shaw Communications' stock was trading at $28.78 at the beginning of the year. Since then, SJR stock has decreased by 0.2% and is now trading at $28.73. View the best growth stocks for 2023 here. Are investors shorting Shaw Communications? Shaw Communications saw a increase in short interest in March. As of March 15th, there was short interest totaling 4,020,000 shares, an increase of 33.6% from the February 28th total of 3,010,000 shares. Based on an average daily volume of 1,250,000 shares, the short-interest ratio is presently 3.2 days. Approximately 0.9% of the company's stock are sold short. View Shaw Communications' Short Interest. When is Shaw Communications' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 12th 2023. View our SJR earnings forecast. How were Shaw Communications' earnings last quarter? Shaw Communications Inc. (NYSE:SJR) released its quarterly earnings results on Thursday, January, 12th. The company reported $0.25 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.27 by $0.02. The business earned $1.02 billion during the quarter, compared to analyst estimates of $1.01 billion. Shaw Communications had a trailing twelve-month return on equity of 11.70% and a net margin of 13.57%. How often does Shaw Communications pay dividends? What is the dividend yield for Shaw Communications? Shaw Communications declared a monthly dividend on Friday, February 17th. Stockholders of record on Wednesday, March 15th will be given a dividend of $0.074 per share on Thursday, March 30th. This represents a $0.89 dividend on an annualized basis and a yield of 3.09%. The ex-dividend date of this dividend is Tuesday, March 14th. This is an increase from the stock's previous monthly dividend of $0.07. Read our dividend analysis for SJR. Is Shaw Communications a good dividend stock? Shaw Communications (NYSE:SJR) pays an annual dividend of $0.87 per share and currently has a dividend yield of 3.06%. The dividend payout ratio is 76.32%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, SJR will have a dividend payout ratio of 76.99% in the coming year. This indicates that the company may not be able to sustain their current dividend. Read our dividend analysis for SJR. What is Bradley S. Shaw's approval rating as Shaw Communications' CEO? 590 employees have rated Shaw Communications Chief Executive Officer Bradley S. Shaw on Glassdoor.com. Bradley S. Shaw has an approval rating of 83% among the company's employees. What other stocks do shareholders of Shaw Communications own? Based on aggregate information from My MarketBeat watchlists, some companies that other Shaw Communications investors own include AT&T (T), Realty Income (O), Verizon Communications (VZ), Pfizer (PFE), Wells Fargo & Company (WFC), AbbVie (ABBV), Intel (INTC), Johnson & Johnson (JNJ), STAG Industrial (STAG) and Enterprise Products Partners (EPD). What is Shaw Communications' stock symbol? Shaw Communications trades on the New York Stock Exchange (NYSE) under the ticker symbol "SJR." Who are Shaw Communications' major shareholders? Shaw Communications' stock is owned by many different retail and institutional investors. Top institutional investors include Morgan Stanley (4.21%), Bank of Montreal Can (2.95%), Bank of America Corp DE (2.86%), Bank of Nova Scotia (1.54%), Toronto Dominion Bank (1.47%) and TD Asset Management Inc (1.36%). How do I buy shares of Shaw Communications? Shares of SJR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Shaw Communications' stock price today? One share of SJR stock can currently be purchased for approximately $28.73. How much money does Shaw Communications make? Shaw Communications (NYSE:SJR) has a market capitalization of $13.73 billion and generates $4.28 billion in revenue each year. The company earns $600.66 million in net income (profit) each year or $1.14 on an earnings per share basis. How many employees does Shaw Communications have? The company employs 9,400 workers across the globe. Does Shaw Communications have any subsidiaries? The following companies are subsidiares of Shaw Communications: Freedom Mobile Inc., Shaw Cablesystems G.P., Shaw Cablesystems Limited, Shaw Envision Inc., Shaw Satellite G.P., Shaw Satellite Services Inc., Shaw Telecom G.P., Shaw Telecom Inc., Star Choice Television Network Incorporated, ViaWest, WIND Mobile, and Whistler Cable Television.Read More How can I contact Shaw Communications? Shaw Communications' mailing address is 630 - 3rd Avenue S.W Suite 900, Calgary A0, T2P 4L4. The official website for the company is www.shaw.ca. The company can be reached via phone at (403) 750-4500. This page (NYSE:SJR) was last updated on 3/29/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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