Shaw Communications (NYSE:SJR) (TSE:SJR.B) posted its quarterly earnings data on Tuesday. The company reported $0.31 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.32 by ($0.01), Briefing.com reports. The company had revenue of $1.37 billion for the quarter, compared to analysts’ expectations of $1.38 billion. Shaw Communications had a net margin of 12.55% and a return on equity of 10.86%. The business’s revenue for the quarter was down .9% on a year-over-year basis. During the same period in the previous year, the business earned $0.31 earnings per share.
Shaw Communications stock traded up $0.02 during midday trading on Thursday, hitting $17.71. 819,495 shares of the stock were exchanged, compared to its average volume of 1,139,988. Shaw Communications has a fifty-two week low of $12.20 and a fifty-two week high of $20.43. The stock has a market capitalization of $8.69 billion, a price-to-earnings ratio of 18.51, a PEG ratio of 4.79 and a beta of 0.62. The stock’s 50-day simple moving average is $17.78 and its 200 day simple moving average is $17.88. The company has a current ratio of 0.87, a quick ratio of 0.82 and a debt-to-equity ratio of 0.73.
The company also recently disclosed a monthly dividend, which will be paid on Thursday, April 29th. Investors of record on Thursday, April 15th will be given a dividend of $0.0776 per share. This represents a $0.93 annualized dividend and a yield of 5.26%. The ex-dividend date of this dividend is Wednesday, April 14th. Shaw Communications’s payout ratio is currently 84.26%.
Shaw Communications Company Profile
Shaw Communications Inc operates as a connectivity company in North America. The company operates through Wireline and Wireless segments. The Wireline segment provides cable telecommunications services, including video, Internet, WiFi, phone, satellite video, and data networking through a national fibre-optic backbone network to Canadian consumers, North American businesses, and public-sector entities.
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