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.
View CJREF analyst ratings or view top-rated stocks.

6 analysts have issued 1-year price objectives for Corus Entertainment's stock. Their CJREF share price forecasts range from $4.25 to $8.00. On average, they expect the company's stock price to reach $5.71 in the next year. This suggests a possible upside of 233.4% from the stock's current price.
View analysts price targets for CJREF or view top-rated stocks among Wall Street analysts.

Corus Entertainment's stock was trading at $3.75 at the start of the year. Since then, CJREF stock has decreased by 54.3% and is now trading at $1.7120.
View the best growth stocks for 2022 here.

Corus Entertainment saw a increase in short interest during the month of September. As of September 15th, there was short interest totaling 4,033,800 shares, an increase of 113.0% from the August 31st total of 1,893,700 shares. Based on an average trading volume of 60,600 shares, the short-interest ratio is presently 66.6 days.
View Corus Entertainment's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, October 20th 2022.
View our CJREF earnings forecast.

Corus Entertainment Inc. (OTCMKTS:CJREF) announced its earnings results on Wednesday, January, 12th. The company reported $0.29 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.28 by $0.01. The company earned $369.28 million during the quarter. Corus Entertainment had a net margin of 8.77% and a trailing twelve-month return on equity of 11.31%.

Corus Entertainment declared a dividend on Friday, September 9th. Investors of record on Thursday, September 15th will be paid a dividend of $0.0466 per share on Thursday, September 29th. This represents a yield of 7.4%. The ex-dividend date 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 10.51%. 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.
Compare Top Brokerages Here.

One share of CJREF stock can currently be purchased for approximately $1.71.

Corus Entertainment (OTCMKTS:CJREF) has a market capitalization of $337.05 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.