Corus Entertainment - CJREF Stock Forecast, Price & News

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Corus Entertainment in the last year. There are currently 4 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" CJREF shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CJREF, but not buy additional shares or sell existing shares.
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6 brokerages have issued 1 year price objectives for Corus Entertainment's shares. Their CJREF share price forecasts range from $4.25 to $8.00. On average, they anticipate the company's stock price to reach $5.71 in the next year. This suggests a possible upside of 217.4% from the stock's current price.
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Corus Entertainment's stock was trading at $3.75 at the beginning of 2022. Since then, CJREF stock has decreased by 52.0% and is now trading at $1.7987.
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Corus Entertainment saw a increase in short interest during the month of August. As of August 31st, there was short interest totaling 1,893,700 shares, an increase of 182.3% from the August 15th total of 670,800 shares. Based on an average trading volume of 6,600 shares, the short-interest ratio is currently 286.9 days.
View Corus Entertainment's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, October 20th 2022.
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Corus Entertainment Inc. (OTCMKTS:CJREF) released its quarterly earnings data on Wednesday, June, 29th. The company reported $0.11 EPS for the quarter. The business had revenue of $341.07 million for the quarter. Corus Entertainment had a trailing twelve-month return on equity of 11.31% and a net margin of 8.77%.

Corus Entertainment announced a dividend on Friday, September 9th. Shareholders of record on Thursday, September 15th will be paid a dividend of $0.0466 per share on Thursday, September 29th. This represents a dividend yield of 7.4%. The ex-dividend date of this dividend is Wednesday, September 14th.
Read our dividend analysis for CJREF.

Corus Entertainment (OTCMKTS:CJREF) pays an annual dividend of $0.18 per share and currently has a dividend yield of 10.04%. CJREF has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 33.33%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for CJREF.

Corus Entertainment trades on the OTCMKTS under the ticker symbol "CJREF."

Shares of CJREF 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.
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One share of CJREF stock can currently be purchased for approximately $1.80.

Corus Entertainment (OTCMKTS:CJREF) has a market capitalization of $354.11 million and generates $1.22 billion in revenue each year. The company earns $136.09 million in net income (profit) each year or $0.54 on an earnings per share basis.

The company employs 3,295 workers across the globe.

Corus Entertainment's mailing address is 25 Dockside Drive Corus Quay, Toronto A6, M5A 0B5. The official website for the company is www.corusent.com. The company can be reached via phone at (416) 479-7000, via email at investor.relations@corusent.com, or via fax at 416-479-7007.