Shaw Communications (SJR) Given Daily Coverage Optimism Rating of 0.16

Media stories about Shaw Communications (NYSE:SJR) (TSE:SJR.B) have trended somewhat positive on Friday, Accern Sentiment reports. The research firm identifies positive and negative press coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Shaw Communications earned a news impact score of 0.16 on Accern’s scale. Accern also gave news coverage about the company an impact score of 46.0572169699883 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.

Shaw Communications (NYSE SJR) traded down $0.45 during mid-day trading on Friday, reaching $22.68. 591,800 shares of the company’s stock were exchanged, compared to its average volume of 498,598. The firm has a market cap of $11,120.48, a P/E ratio of 27.46, a price-to-earnings-growth ratio of 4.58 and a beta of 0.95. The company has a debt-to-equity ratio of 0.70, a quick ratio of 0.72 and a current ratio of 0.80. Shaw Communications has a 12 month low of $19.76 and a 12 month high of $23.44.

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, February 27th. Shareholders of record on Thursday, February 15th will be issued a $0.0781 dividend. The ex-dividend date of this dividend is Wednesday, February 14th. This represents a $0.94 dividend on an annualized basis and a yield of 4.13%. Shaw Communications’s payout ratio is 69.17%.

SJR has been the subject of several research analyst reports. TheStreet upgraded shares of Shaw Communications from a “c” rating to a “b-” rating in a research report on Monday, October 30th. Zacks Investment Research upgraded shares of Shaw Communications from a “hold” rating to a “buy” rating and set a $25.00 price objective for the company in a report on Tuesday, September 19th. Barclays increased their price objective on shares of Shaw Communications from $21.00 to $22.00 and gave the company an “equal weight” rating in a report on Friday, October 27th. BidaskClub upgraded shares of Shaw Communications from a “sell” rating to a “hold” rating in a report on Tuesday, August 22nd. Finally, Bank of America reiterated a “neutral” rating and issued a $32.00 price objective on shares of Shaw Communications in a report on Tuesday, December 5th. One analyst has rated the stock with a sell rating, seven have given a hold rating and one has assigned a buy rating to the stock. Shaw Communications presently has a consensus rating of “Hold” and a consensus price target of $27.50.

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Shaw Communications Company Profile

Shaw Communications Inc (Shaw) is a diversified connectivity provider. The Company operates through four divisions: Consumer, Wireless, Business Network Services and Business Infrastructure Services. Under the Consumer division, the Company offers Cable telecommunications and Satellite video services to residential customers.

Insider Buying and Selling by Quarter for Shaw Communications (NYSE:SJR)

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