Media coverage about Shaw Communications (NYSE:SJR) (TSE:SJR.B) has trended somewhat positive recently, according to Accern Sentiment Analysis. Accern identifies positive and negative media coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Shaw Communications earned a news impact score of 0.10 on Accern’s scale. Accern also assigned news coverage about the company an impact score of 45.1540735605933 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
These are some of the media stories that may have impacted Accern’s rankings:
- Knock at Technical analysis on Shaw Communications Inc. (SJR) – Wall Street Morning (wallstreetmorning.com)
- Shaw Communications Inc (SJR) Position Increased by Bank of Nova Scotia Trust Co. (americanbankingnews.com)
- Shaw Communications Inc (SJR) Shares Sold by Scotia Capital Inc. (americanbankingnews.com)
- Shaw Communications Inc (SJR) Shares Bought by Caisse DE Depot ET Placement DU Quebec (americanbankingnews.com)
- Arrowstreet Capital Limited Partnership Has $4.06 Million Position in Shaw Communications Inc (SJR) (americanbankingnews.com)
Several brokerages have commented on SJR. TD Securities upgraded shares of Shaw Communications to a “buy” rating in a research report on Friday, January 12th. Zacks Investment Research cut shares of Shaw Communications from a “hold” rating to a “sell” rating in a research report on Wednesday, December 27th. Canaccord Genuity set a $28.00 target price on shares of Shaw Communications and gave the company a “hold” rating in a research report on Thursday, January 11th. Finally, Bank of America reiterated a “neutral” rating and set a $32.00 target price on shares of Shaw Communications in a research report on Tuesday, December 5th. Two investment analysts have rated the stock with a sell rating, five have given a hold rating and one has issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of $27.00.
Shaw Communications (NYSE:SJR) (TSE:SJR.B) last announced its quarterly earnings results on Thursday, January 11th. The company reported $0.19 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.25 by ($0.06). Shaw Communications had a net margin of 17.34% and a return on equity of 9.89%. The firm had revenue of $1.25 billion during the quarter, compared to analyst estimates of $1.26 billion. During the same period last year, the firm earned $0.18 EPS. Shaw Communications’s quarterly revenue was up 2.7% on a year-over-year basis. sell-side analysts predict that Shaw Communications will post 0.94 earnings per share for the current year.
The company also recently declared a monthly dividend, which will be paid on Friday, April 27th. Stockholders of record on Friday, April 13th will be issued a $0.0795 dividend. This represents a $0.95 annualized dividend and a dividend yield of 4.92%. The ex-dividend date of this dividend is Thursday, April 12th. Shaw Communications’s dividend payout ratio (DPR) is 100.00%.
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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.
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