Shaw Communications Stock Forecast, Price & News

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Shaw Communications in the last twelve months. There are currently 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Shaw Communications stock.
View analyst ratings for Shaw Communications or view top-rated stocks.

4 Wall Street research analysts have issued 12 month price objectives for Shaw Communications' shares. Their SJR stock forecasts range from $40.50 to $40.50. On average, they anticipate Shaw Communications' share price to reach $40.50 in the next year. This suggests a possible upside of 36.6% from the stock's current price.
View analysts' price targets for Shaw Communications or view top-rated stocks among Wall Street analysts.

Shaw Communications' stock was trading at $30.34 at the beginning of the year. Since then, SJR shares have decreased by 2.3% and is now trading at $29.65.
View the best growth stocks for 2022 here.

Shaw Communications saw a decline in short interest in the month of May. As of May 31st, there was short interest totaling 2,690,000 shares, a decline of 15.9% from the May 15th total of 3,200,000 shares. Based on an average trading volume of 490,900 shares, the short-interest ratio is presently 5.5 days. Currently, 0.6% of the company's shares are sold short.
View Shaw Communications' Short Interest.

Shaw Communications is scheduled to release its next quarterly earnings announcement on Wednesday, June 29th 2022.
View our earnings forecast for Shaw Communications.

Shaw Communications Inc. (NYSE:SJR) posted its quarterly earnings data on Wednesday, April, 13th. The company reported $0.31 EPS for the quarter, missing analysts' consensus estimates of $0.32 by $0.01. The company earned $1.36 billion during the quarter, compared to the consensus estimate of $1.38 billion. Shaw Communications had a trailing twelve-month return on equity of 16.57% and a net margin of 18.19%. Shaw Communications's quarterly revenue was down 2.0% on a year-over-year basis. During the same quarter last year, the company earned $0.34 EPS.
View Shaw Communications' earnings history.

Shaw Communications announced a monthly dividend on Tuesday, May 10th. Shareholders of record on Friday, July 15th will be paid a dividend of $0.0767 per share on Thursday, July 28th. This represents a $0.92 dividend on an annualized basis and a dividend yield of 3.10%. The ex-dividend date is Thursday, July 14th.
View Shaw Communications' dividend history.

Shaw Communications(NYSE:SJR) pays an annual dividend of $0.94 per share and currently has a dividend yield of 3.24%. The dividend payout ratio of Shaw Communications is 59.49%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Shaw Communications will have a dividend payout ratio of 72.87% next year. This indicates that Shaw Communications will be able to sustain or increase its dividend.
View Shaw Communications' dividend history.

590 employees have rated Shaw Communications CEO Bradley S. Shaw on Glassdoor.com. Bradley S. Shaw has an approval rating of 83% among Shaw Communications' employees.

Some companies that are related to Shaw Communications include Warner Bros. Discovery (WBD), Rogers Communications (RCI), Liberty Broadband (LBRDK), Liberty Broadband (LBRDA), Roku (ROKU), Liberty Global (LBTYK), Liberty Global (LBTYA), DISH Network (DISH), Cable One (CABO), Altice USA (ATUS), ITV (ITVPY), Liberty Latin America (LILA), Liberty Latin America (LILAK), Qurate Retail (QRTEB) and WideOpenWest (WOW).
View all of SJR's competitors.

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 (WFC), AbbVie (ABBV), Intel (INTC), Johnson & Johnson (JNJ), STAG Industrial (STAG) and Enterprise Products Partners (EPD).

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

Shaw Communications' stock is owned by a number of institutional and retail investors. Top institutional investors include Royal Bank of Canada (7.41%), Vanguard Group Inc. (2.91%), Bank of Montreal Can (2.79%), Bank of America Corp DE (1.97%), Toronto Dominion Bank (1.84%) and Canada Pension Plan Investment Board (1.77%).

SJR stock was sold by a variety of institutional investors in the last quarter, including Royal Bank of Canada, Healthcare of Ontario Pension Plan Trust Fund, BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp, The Manufacturers Life Insurance Company , P Schoenfeld Asset Management LP, Bank of Montreal Can, Mackenzie Financial Corp, and Montrusco Bolton Investments Inc..

SJR stock was purchased by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Mufg Securities Canada LTD., Canada Pension Plan Investment Board, Bank of America Corp DE, JPMorgan Chase & Co., National Bank of Canada FI, Canyon Capital Advisors LLC, and Renaissance Technologies LLC.

Shares of SJR 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.

One share of SJR stock can currently be purchased for approximately $29.65.

Shaw Communications (NYSE:SJR) has a market capitalization of $14.14 billion and generates $4.34 billion in revenue each year. The company earns $777.66 million in net income (profit) each year or $1.579990 on an earnings per share basis.

Shaw Communications employs 9,400 workers across the globe.

Shaw Communications was founded in 1966.

Shaw Communications' mailing address is 630 - 3rd Avenue S.W Suite 900, Calgary A0, T2P 4L4. The official website for Shaw Communications is www.shaw.ca. The company can be reached via phone at (403) 750-4500.