Should I buy or sell Shaw Communications stock right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Shaw Communications in the last year. There are currently 2 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" SJR.B shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SJR.B, but not buy additional shares or sell existing shares. View SJR.B analyst ratings or view top-rated stocks .

What is Shaw Communications' stock price target for 2024?

2 brokerages have issued 12-month target prices for Shaw Communications' shares. Their SJR.B share price targets range from C$40.50 to C$40.50. On average, they predict the company's share price to reach C$40.50 in the next twelve months. View analysts price targets for SJR.B or view top-rated stocks among Wall Street analysts .

How often does Shaw Communications pay dividends? What is the dividend yield for Shaw Communications?

Shaw Communications declared a monthly dividend on Thursday, January 12th. Stockholders of record on Monday, January 30th will be given a dividend of 0.0988 per share on Monday, January 30th. This represents a $1.19 annualized dividend and a yield of ∞. The ex-dividend date is Thursday, January 12th. Read our dividend analysis for SJR.B .

Is Shaw Communications a good dividend stock?

Shaw Communications (TSE:SJR.B) pays an annual dividend of C$1.19 per share and currently has a dividend yield of 2.93%. The dividend payout ratio is 80.95%. Payout ratios above 75% are not desirable because they may not be sustainable. Read our dividend analysis for SJR.B .

How do I buy shares of Shaw Communications?

Shares of SJR.B stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor , Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers. Compare Top Brokerages Here .

Shaw Communications Stock Price, News & Analysis (TSE:SJR.B)

Compare

Today's Range: N/A
50-Day Range: C$40.48
▼
C$40.48
52-Week Range: N/A

Volume: 6.72 million shs
Average Volume: 2.03 million shs
Market Capitalization: C$19.32 billion

P/E Ratio: 27.54
Dividend Yield: 2.93%
Price Target: C$40.50

Stock Analysis Analyst Forecasts Dividend Headlines

Shaw Communications MarketRank™ Stock Analysis

Analyst Rating: Hold
2.00 Rating Score
Upside/Downside: ∞ Upside
C$40.50 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.82 out of 5 stars

3.0

Analyst's Opinion

Consensus Rating
Shaw Communications has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of C$40.50, Shaw Communications has a forecasted upside of ∞ from its current price of C$0.00.
Amount of Analyst Coverage
Shaw Communications has received no research coverage in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for SJR.B.

0.8

Dividend Strength

Dividend Yield
Shaw Communications pays a meaningful dividend of 2.93%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Shaw Communications does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Shaw Communications is 80.95%. Payout ratios above 75% are not desirable because they may not be sustainable.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for SJR.B.

0.6

News and Social Media Coverage

MarketBeat Follows
2 people have added Shaw Communications to their MarketBeat watchlist in the last 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Shaw Communications insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 3.59% of the stock of Shaw Communications is held by insiders.
Percentage Held by Institutions
61.28% of the stock of Shaw Communications is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Shaw Communications is 27.54, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 120.72.
Price to Earnings Ratio vs. Sector
The P/E ratio of Shaw Communications is 27.54, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 36.76.
Price to Earnings Growth Ratio
Shaw Communications has a PEG Ratio of 3.08. PEG Ratios above 1 indicate that a company could be overvalued.

See Top Rated MarketRank™ Stocks Here

About Shaw Communications Stock (TSE:SJR.B)

Shaw Communications Inc. operates as a connectivity company in North America. The company operates through Wireline and Wireless segments. The Wireline segment provides broadband Internet, Shaw Go WiFi, video, and digital phone services to residential customers; and Internet, data, WiFi, digital phone, and video services to business customers. The Wireless segment provides wireless voice and data communications services for customers. The company was formerly known as Shaw Cable systems Ltd. and changed its name to Shaw Communications Inc. in May 1993. Shaw Communications Inc. was founded in 1966 and is based in Calgary, Canada.

November 21, 2023 | americanbankingnews.com

Shaw Communications (TSE:SJR.B) Stock Price Crosses Below Fifty Day Moving Average of $40.48

June 21, 2023 | health.usnews.com

Nicole B. Shaw

December 1, 2023 | Wealthpress (Ad)

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March 31, 2023 | msn.com

Shaw Gains after Approval for Rogers’ C$20B Takeover

March 31, 2023 | theglobeandmail.com

Ottawa allows Rogers to complete $20-billion takeover of Shaw with conditions, financial penalties if promises not kept

March 28, 2023 | msn.com

Rogers CEO’s Pay Package is Just One More Reason Investors Should Keep Away From Stock

March 21, 2023 | reuters.com

SJR.B - | Stock Price & Latest News | Reuters

February 17, 2023 | msn.com

Telecoms extend deadline to close Rogers-Shaw deal to March 31

December 1, 2023 | Wealthpress (Ad)

Trading Experts Call It “The Perfect Tesla Trade”

December 30, 2022 | seekingalpha.com

Rogers And Shaw Communications Deal Moves Forward After Almost 2 Years

December 22, 2022 | theglobeandmail.com

Competition tribunal yet to decide on Roger-Shaw merger, will give notice ahead of decision

December 16, 2022 | marketwatch.com

Shaw Communications Inc. Cl B NV stock outperforms market despite losses on the day

December 14, 2022 | marketwatch.com

Shaw Communications Inc. Cl B NV stock rises Wednesday, outperforms market

November 23, 2022 | ca.finance.yahoo.com

Competition watchdog pushes back on concerns Shaw has about its business

November 15, 2022 | ca.finance.yahoo.com

Disney+ is Now Only a Voice Command Away on Shaw TV and Shaw Stream

November 1, 2022 | theglobeandmail.com

Competition Bureau seeks full block of Rogers-Shaw deal

October 20, 2022 | fool.com

Shaw Communications (NYSE: SJR)

September 8, 2022 | msn.com

Why Rogers Communications Stock Fell to 2-Year Lows This Week

September 6, 2022 | barrons.com

Premarket Movers: ADT, Samsara, Shaw Communications B

July 15, 2022 | msn.com

Uncertainty in the Telecom Sector: 3 Stocks to Keep an Eye on

July 14, 2022 | marketwatch.com

Shaw Communications Inc. Cl B NV stock falls Wednesday, underperforms market

July 1, 2022 | theglobeandmail.com

Shaw Announces Third Quarter and Year-to-Date Fiscal 2022 Results

June 24, 2022 | ca.finance.yahoo.com

Rogers, Shaw, Competition Bureau agree to mediation process on $26 billion deal

June 3, 2022 | msn.com

Rogers files challenge to Competition Bureau efforts to block its takeover of Shaw

May 27, 2022 | stockhouse.com

Shaw Marks Shaw Charity Classic 10th anniversary With $1 Million to Support 260 Kids and Youth Charities in Alberta

April 30, 2022 | thestreet.com

Shaw Communications Inc. Class B

April 25, 2022 | msn.com

'No more fake competition' in Canada's telecom sector: Globalive's Lacavera

See More Headlines

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Industry, Sector and Symbol

Stock Exchange: TSE
Industry: Telecom Services
Sub-Industry: N/A
Sector: Business Services
Current Symbol: TSE:SJR.B
CUSIP: N/A
CIK: N/A
Web: www.shaw.ca
Phone: +1-403-7504500
Fax: N/A
Employees: N/A
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: C$40.50
High Stock Price Target: C$40.50
Low Stock Price Target: C$40.50
Consensus Rating: Hold
Rating Score (0-4): 2.00
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): C$1.47
Trailing P/E Ratio: 27.54
Forward P/E Ratio: N/A
P/E Growth: 3.08
Net Income: C$736 million
Net Margins: 13.55%
Pretax Margin: N/A
Return on Equity: 11.76%
Return on Assets: 5.10%

Debt

Debt-to-Equity Ratio: 91.34
Current Ratio: 0.68
Quick Ratio: 0.56

Sales & Book Value

Annual Sales: C$5.43 billion
Price / Sales: 0.00
Cash Flow: N/A
Price / Cash Flow: 43.54
Book Value: C$12.83 per share
Price / Book: N/A

Miscellaneous

Outstanding Shares: 477,360,000
Free Float: N/A
Market Cap: C$19.32 billion
Optionable: Not Optionable
Beta: 0.34

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Key Executives

Mr. James Robert Shaw O.C. (Age 85)
A.O.E., Founder & Exec. Chairman
Mr. Bradley S. Shaw (Age 55)
CEO & Non-Independent Director
Mr. Jay Mehr
Pres
Mr. Trevor English (Age 45)
Exec. VP and Chief Financial & Corp. Devel. Officer
Mr. Zoran Stakic
COO & CTO

Key Competitors

View All Competitors

SJR.B Stock Analysis - Frequently Asked Questions

Should I buy or sell Shaw Communications stock right now?: 2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Shaw Communications in the last year. There are currently 2 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" SJR.B shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SJR.B, but not buy additional shares or sell existing shares.
View SJR.B analyst ratings or view top-rated stocks.
What is Shaw Communications' stock price target for 2024?: 2 brokerages have issued 12-month target prices for Shaw Communications' shares. Their SJR.B share price targets range from C$40.50 to C$40.50. On average, they predict the company's share price to reach C$40.50 in the next twelve months.
View analysts price targets for SJR.B or view top-rated stocks among Wall Street analysts.
How often does Shaw Communications pay dividends? What is the dividend yield for Shaw Communications?: Shaw Communications declared a monthly dividend on Thursday, January 12th. Stockholders of record on Monday, January 30th will be given a dividend of 0.0988 per share on Monday, January 30th. This represents a $1.19 annualized dividend and a yield of ∞. The ex-dividend date is Thursday, January 12th.
Read our dividend analysis for SJR.B.

Is Shaw Communications a good dividend stock?: Shaw Communications (TSE:SJR.B) pays an annual dividend of C$1.19 per share and currently has a dividend yield of 2.93%. The dividend payout ratio is 80.95%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for SJR.B.
How do I buy shares of Shaw Communications?: Shares of SJR.B stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

This page (TSE:SJR.B) was last updated on 12/1/2023 by MarketBeat.com Staff

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Shaw Communications Stock Price, News & Analysis (TSE:SJR.B)