TSE:SCLShawcor Stock Price, Forecast & News

Shawcor's stock was trading at C$3.19 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, SCL shares have decreased by 13.2% and is now trading at C$2.77. View which stocks have been most impacted by Coronavirus.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Shawcor in the last year. There are currently 4 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Shawcor.

Shawcor is scheduled to release its next quarterly earnings announcement on Thursday, August 13th 2020. View our earnings forecast for Shawcor.

Shawcor Ltd (TSE:SCL) released its quarterly earnings data on Wednesday, May, 13th. The company reported ($0.47) earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of ($0.23) by $0.24. The firm earned $319.03 million during the quarter, compared to analyst estimates of $320 million. View Shawcor's earnings history.

Shawcor announced a quarterly dividend on Friday, March 13th. Shareholders of record on Tuesday, March 31st will be paid a dividend of 0.15 per share on Tuesday, March 31st. This represents a $0.60 dividend on an annualized basis and a dividend yield of 21.66%. The ex-dividend date is Friday, March 13th. View Shawcor's dividend history.

4 brokers have issued 1 year price targets for Shawcor's shares. Their forecasts range from C$2.00 to C$4.50. On average, they anticipate Shawcor's stock price to reach C$3.00 in the next year. This suggests a possible upside of 8.3% from the stock's current price. View analysts' price targets for Shawcor.

Media headlines about SCL stock have trended negative recently, according to InfoTrie Sentiment Analysis. The research group ranks the sentiment of media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Shawcor earned a coverage optimism score of -2.1 on InfoTrie's scale. They also gave news coverage about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View the latest news about Shawcor.

Some companies that are related to Shawcor include Pason Systems (PSI), Petrofac (PFC), Asante Solutions (PUMP), Enerflex (EFX), Hunting (HTG), TerraVest Industries (TVK), Secure Energy Services (SES), Precision Drilling (PD), North American Construction Group (NOA), Trican Well Service (TCW), Basic Energy Services (KEGX), Strad Energy Services (SDY), Horizon North Logistics (HNL), Total Energy Services (TOT) and CWC Energy Services (CWC). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Shawcor investors own include BCE (BCE), Enbridge (ENB), Whitecap Resources (WCP), Inter Pipeline (IPL), Pembina Pipeline (PPL), Suncor Energy (SU), Cenovus Energy (CVE), Manulife Financial (MFC), Air Canada (AC) and ARC Resources (ARX).

Shawcor trades on the Toronto Stock Exchange (TSX) under the ticker symbol "SCL."

Shares of SCL and other Canadian stocks can be purchased through online brokerage accounts that support trading on the Toronto Stock Exchange (TSX). Brokers that permit trading on the TSX include Fidelity, Interactive Brokers, PennTrade, and Charles Schwab.

One share of SCL stock can currently be purchased for approximately C$2.77.

Shawcor has a market capitalization of C$195.02 million and generates C$1.46 billion in revenue each year. Shawcor employs 5,938 workers across the globe.

The official website for Shawcor is www.shawcor.com.

Shawcor's mailing address is 25 Bethridge Rd, ETOBICOKE, ON M9W 1M6, Canada. The company can be reached via phone at +1-416-7437111.