Somewhat Favorable News Coverage Somewhat Unlikely to Impact Shaw Communications (SJR) Share Price

Press coverage about Shaw Communications (NYSE:SJR) (TSE:SJR.B) has trended somewhat positive this week, according to Accern. The research firm ranks the sentiment of press coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Shaw Communications earned a media sentiment score of 0.04 on Accern’s scale. Accern also assigned headlines about the company an impact score of 45.4074179278361 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.

These are some of the headlines that may have effected Accern Sentiment Analysis’s analysis:

A number of brokerages recently issued reports on SJR. Canaccord Genuity set a $28.00 price objective on Shaw Communications and gave the company a “hold” rating in a research note on Thursday, January 11th. TD Securities upgraded Shaw Communications to a “buy” rating in a research note on Friday, January 12th. Bank of America reiterated a “neutral” rating and set a $32.00 price objective on shares of Shaw Communications in a research note on Tuesday, December 5th. Finally, Zacks Investment Research downgraded Shaw Communications from a “hold” rating to a “sell” rating in a research note on Wednesday, December 27th. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating and one has issued a buy rating to the company. The company presently has an average rating of “Hold” and an average target price of $27.00.

SJR stock traded down $0.19 during mid-day trading on Friday, reaching $18.86. The company’s stock had a trading volume of 2,205,777 shares, compared to its average volume of 610,640. Shaw Communications has a 1-year low of $18.76 and a 1-year high of $23.44. The company has a quick ratio of 0.66, a current ratio of 0.76 and a debt-to-equity ratio of 0.70. The company has a market cap of $8,985.96, a P/E ratio of 13.67, a price-to-earnings-growth ratio of 4.01 and a beta of 0.96.

Shaw Communications (NYSE:SJR) (TSE:SJR.B) last posted its quarterly earnings results on Thursday, January 11th. The company reported $0.19 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.25 by ($0.06). Shaw Communications had a return on equity of 9.89% and a net margin of 17.34%. The business had revenue of $1.25 billion during the quarter, compared to the consensus estimate of $1.26 billion. During the same quarter in the previous year, the company earned $0.18 earnings per share. The company’s revenue for the quarter was up 2.7% compared to the same quarter last year. equities analysts predict that Shaw Communications will post 0.94 EPS for the current fiscal year.

The firm also recently declared a monthly dividend, which will be paid on Friday, April 27th. Shareholders of record on Friday, April 13th will be paid a $0.0795 dividend. The ex-dividend date of this dividend is Thursday, April 12th. This represents a $0.95 annualized dividend and a yield of 5.06%. Shaw Communications’s payout ratio is 68.84%.

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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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