Press coverage about Shaw Communications (NYSE:SJR) (TSE:SJR.B) has been trending somewhat positive on Wednesday, according to Accern Sentiment. The research group ranks the sentiment of news coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Shaw Communications earned a news sentiment score of 0.04 on Accern’s scale. Accern also assigned headlines about the company an impact score of 46.6952305454827 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
Here are some of the headlines that may have effected Accern Sentiment Analysis’s analysis:
- Shaw Communications (SJR) Downgraded to Sell at Zacks Investment Research (americanbankingnews.com)
- Shaw Communications Inc. (SJR) Expected to Post Earnings of $0.24 Per Share (americanbankingnews.com)
- Analyzing Telecom Italia (TI) and Shaw Communications (SJR) (americanbankingnews.com)
- Shaw Communications Inc. (SJR) to Post Q1 2018 Earnings of $0.23 Per Share, National Bank Financial Forecasts (americanbankingnews.com)
- Head-To-Head Comparison: Altice USA (ATUS) vs. Shaw Communications (SJR) (americanbankingnews.com)
A number of equities research analysts recently issued reports on the company. Zacks Investment Research cut Shaw Communications from a “hold” rating to a “sell” rating in a research note on Wednesday. Barclays boosted their price objective on Shaw Communications from $21.00 to $22.00 and gave the company an “equal weight” rating in a research note on Friday, October 27th. Bank of America restated a “neutral” rating and issued a $32.00 price objective on shares of Shaw Communications in a research note on Tuesday, December 5th. TheStreet upgraded Shaw Communications from a “c” rating to a “b-” rating in a research report on Monday, October 30th. Finally, Scotiabank cut Shaw Communications from an “outperform” rating to a “sector perform” rating in a research report on Thursday, October 12th. Two 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. Shaw Communications presently has an average rating of “Hold” and a consensus price target of $27.40.
The business also recently declared a monthly dividend, which will be paid on Tuesday, February 27th. Stockholders of record on Thursday, February 15th will be given a dividend of $0.0781 per share. This represents a $0.94 annualized dividend and a dividend yield of 4.12%. The ex-dividend date is Wednesday, February 14th. Shaw Communications’s dividend payout ratio is presently 104.55%.
About Shaw Communications
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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