Shaw Communications Stock Forecast, Price & News

8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Shaw Communications in the last year. There are currently 4 hold ratings and 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.

Wall Street analysts have given Shaw Communications a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Shaw Communications wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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Shaw Communications is scheduled to release its next quarterly earnings announcement on Friday, July 9th 2021.
View our earnings forecast for Shaw Communications.

Shaw Communications Inc. (NYSE:SJR) announced its quarterly earnings data on Tuesday, April, 13th. The company reported $0.43 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.34 by $0.09. The business earned $1.39 billion during the quarter, compared to analysts' expectations of $1.38 billion. Shaw Communications had a net margin of 13.66% and a trailing twelve-month return on equity of 11.98%. The business's quarterly revenue was up 1.8% on a year-over-year basis. During the same period last year, the business earned $0.32 earnings per share.
View Shaw Communications' earnings history.

Shaw Communications' stock was trading at $15.80 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, SJR shares have increased by 82.0% and is now trading at $28.76.
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Shaw Communications declared a monthly dividend on Monday, April 19th. Shareholders of record on Friday, August 13th will be paid a dividend of $0.0788 per share on Monday, August 30th. This represents a $0.95 annualized dividend and a dividend yield of 3.29%. The ex-dividend date is Thursday, August 12th.
View Shaw Communications' dividend history.

Shaw Communications pays an annual dividend of $0.52 per share and currently has a dividend yield of 1.78%. Shaw Communications does not yet have a strong track record of dividend growth. The dividend payout ratio of Shaw Communications is 52.53%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Shaw Communications will have a dividend payout ratio of 42.62% next year. This indicates that Shaw Communications will be able to sustain or increase its dividend.
View Shaw Communications' dividend history.

8 equities research analysts have issued 1 year price objectives for Shaw Communications' stock. Their forecasts range from $21.00 to $40.50. On average, they expect Shaw Communications' stock price to reach $33.75 in the next year. This suggests a possible upside of 17.4% from the stock's current price.
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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 Roku (ROKU), Liberty Broadband (LBRDK), Liberty Broadband (LBRDA), Rogers Communications (RCI), DISH Network (DISH), Liberty Global (LBTYB), Altice USA (ATUS), Liberty Global (LBTYK), Liberty Global (LBTYA), Discovery (DISCA), Discovery (DISCK), Cable One (CABO), ITV (ITVPY), Qurate Retail (QRTEB) and Liberty Latin America (LILAK).
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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).

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

Shaw Communications' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Bank of Montreal Can (2.23%), CIBC Asset Management Inc (2.10%), Toronto Dominion Bank (2.04%), Credit Suisse AG (2.00%), Bank of Nova Scotia (1.87%) and TD Asset Management Inc. (1.64%).

SJR stock was sold by a variety of institutional investors in the last quarter, including TD Asset Management Inc., Great West Life Assurance Co. Can, The Manufacturers Life Insurance Company, Unigestion Holding SA, Fiera Capital Corp, Canada Pension Plan Investment Board, Montrusco Bolton Investments Inc., and Bank of Nova Scotia.

SJR stock was bought by a variety of institutional investors in the last quarter, including FIL Ltd, Credit Suisse AG, Letko Brosseau & Associates Inc., Morgan Stanley, Toronto Dominion Bank, Healthcare of Ontario Pension Plan Trust Fund, JPMorgan Chase & Co., and BRITISH COLUMBIA 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of SJR stock can currently be purchased for approximately $28.76.

Shaw Communications has a market capitalization of $13.70 billion and generates $3.79 billion in revenue each year. The company earns $513.04 million in net income (profit) each year or $0.99 on an earnings per share basis.

Shaw Communications employs 9,500 workers across the globe.

The following companies are subsidiares of Shaw Communications: Campbell River TV Association, Canwest Media Inc., ENMAX Envision Inc., Freedom Mobile Inc., Lake Broadcasting Corporation, Mid-Bowline Group Corp., Norcom Telecommunications Limited, Pemberton Cable Television Limited, Saltspring Cablevision, Shaw Broadcast Services, Shaw Business Solutions Inc, Shaw Cablesystems (SSK) Limited, Shaw Cablesystems G.P., Shaw Cablesystems Ltd, Shaw Data Centre LP, Shaw Direct, Shaw Envision Inc., Shaw Satellite G.P., Shaw Satellite Services Inc., Shaw Telecom G.P., Shaw Telecom Inc., Star Choice Television Network Inc., Sun Country Cablevision Ltd., Sunshine Communications Ltd., ViaWest, WIND Mobile, and Whistler Cable Television.

Shaw Communications was founded in 1966.

The official website for Shaw Communications is www.shaw.ca.

Shaw Communications is headquartered at 630 - 3rd Avenue S.W Suite 900, Calgary A0, T2P 4L4.

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.