Share on StockTwits

Shares of Shaw Communications (NYSE:SJR) have earned a consensus recommendation of “Hold” from the fourteen ratings firms that are presently covering the stock, Analyst Ratings News reports. One equities research analyst has rated the stock with a sell recommendation, seven have issued a hold recommendation and three have given a buy recommendation to the company. The average 12-month price target among brokerages that have updated their coverage on the stock in the last year is $25.05.

Shares of Shaw Communications (NYSE:SJR) traded up 0.13% on Friday, hitting $23.50. 43,433 shares of the company’s stock traded hands. Shaw Communications has a 1-year low of $21.32 and a 1-year high of $25.46. The stock has a 50-day moving average of $22.98 and a 200-day moving average of $23.62. The company has a market cap of $10.688 billion and a P/E ratio of 13.94.

Shaw Communications (NYSE:SJR) last posted its quarterly earnings results on Monday, January 13th. The company reported $0.51 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.50 by $0.01. The company had revenue of $1.36 billion for the quarter, compared to the consensus estimate of $1.36 billion. During the same quarter in the previous year, the company posted $0.49 earnings per share. The company’s revenue for the quarter was up 3.1% on a year-over-year basis. Analysts expect that Shaw Communications will post $1.77 EPS for the current fiscal year.

The company also recently announced a monthly dividend, which is scheduled for Friday, March 28th. Investors of record on Friday, March 14th will be paid a dividend of $0.0845 per share. This represents a $1.01 annualized dividend and a dividend yield of 4.38%. The ex-dividend date is Wednesday, March 12th.

Several analysts have recently commented on the stock. Analysts at Bank of America downgraded shares of Shaw Communications to a “neutral” rating in a research note on Wednesday, January 15th. Finally, analysts at RBC Capital reiterated a “sector perform” rating on shares of Shaw Communications in a research note on Friday, January 10th.

Shaw Communications Inc (NYSE:SJR) is a diversified Canadian communications company.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.