Shaw Communications (SJR) Getting Somewhat Favorable Press Coverage, Analysis Finds

Media headlines about Shaw Communications (NYSE:SJR) (TSE:SJR.B) have trended somewhat positive this week, Accern Sentiment reports. The research firm ranks the sentiment of press 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 positive one, with scores nearest to one being the most favorable. Shaw Communications earned a news sentiment score of 0.12 on Accern’s scale. Accern also gave news coverage about the company an impact score of 45.680804997373 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

These are some of the media stories that may have effected Accern Sentiment Analysis’s scoring:

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A number of equities research analysts have weighed in on SJR shares. Zacks Investment Research upgraded Shaw Communications from a “sell” rating to a “hold” rating in a report on Thursday, April 12th. Canaccord Genuity set a $28.00 target price on Shaw Communications and gave the stock a “hold” rating in a report on Thursday, January 11th. TD Securities upgraded Shaw Communications to a “buy” rating in a report on Friday, January 12th. Scotiabank upgraded Shaw Communications from a “sector perform” rating to an “outperform” rating in a report on Friday, April 13th. Finally, Barclays upgraded Shaw Communications from an “equal weight” rating to an “overweight” rating in a report on Thursday, April 12th. Three research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The company currently has an average rating of “Buy” and an average target price of $27.00.

Shaw Communications stock traded down $0.31 during mid-day trading on Thursday, reaching $20.76. The stock had a trading volume of 663,904 shares, compared to its average volume of 750,941. The company has a debt-to-equity ratio of 0.72, a quick ratio of 0.54 and a current ratio of 0.63. Shaw Communications has a fifty-two week low of $18.50 and a fifty-two week high of $23.44. The stock has a market capitalization of $10,103.00, a PE ratio of 24.71, a price-to-earnings-growth ratio of 4.41 and a beta of 0.93.

Shaw Communications (NYSE:SJR) (TSE:SJR.B) last announced its quarterly earnings data on Thursday, April 12th. The company reported $0.40 EPS for the quarter, beating the Zacks’ consensus estimate of $0.23 by $0.17. Shaw Communications had a return on equity of 11.49% and a net margin of 10.97%. The firm had revenue of $1.36 billion during the quarter, compared to analysts’ expectations of $1.26 billion. During the same quarter last year, the firm posted $0.30 earnings per share. The company’s revenue for the quarter was up 12.4% compared to the same quarter last year. research analysts forecast that Shaw Communications will post 0.95 EPS for the current year.

The company also recently disclosed a monthly dividend, which will be paid on Thursday, August 30th. Shareholders of record on Wednesday, August 15th will be paid a $0.0773 dividend. The ex-dividend date of this dividend is Tuesday, August 14th. This represents a $0.93 dividend on an annualized basis and a yield of 4.47%. Shaw Communications’s dividend payout ratio (DPR) is presently 113.10%.

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Shaw Communications Company Profile

Shaw Communications Inc operates as a diversified communications company in North America. The company operates through Consumer, Business Network Services, and Wireless segments. The Consumer segment provides cable telecommunications services, including video, Internet, Wi-Fi, phone, and satellite video services to residential customers.

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