Equities analysts expect that Shaw Communications Inc (NYSE:SJR) (TSE:SJR.B) will announce $0.25 earnings per share for the current quarter, according to Zacks. Zero analysts have issued estimates for Shaw Communications’ earnings, with estimates ranging from $0.23 to $0.26. Shaw Communications posted earnings of $0.19 per share in the same quarter last year, which would indicate a positive year-over-year growth rate of 31.6%. The firm is scheduled to issue its next quarterly earnings results on Thursday, January 10th.

According to Zacks, analysts expect that Shaw Communications will report full-year earnings of $1.04 per share for the current year, with EPS estimates ranging from $1.00 to $1.12. For the next year, analysts expect that the company will report earnings of $1.10 per share, with EPS estimates ranging from $1.01 to $1.17. Zacks’ EPS calculations are a mean average based on a survey of sell-side research analysts that cover Shaw Communications.

Shaw Communications (NYSE:SJR) (TSE:SJR.B) last announced its earnings results on Thursday, October 25th. The company reported $0.30 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.27 by $0.03. Shaw Communications had a net margin of 1.04% and a return on equity of 12.90%. The business had revenue of $1.02 billion during the quarter, compared to the consensus estimate of $1.02 billion.

A number of equities analysts have weighed in on the stock. Canaccord Genuity downgraded shares of Shaw Communications from a “buy” rating to a “hold” rating in a research note on Thursday, October 25th. ValuEngine raised shares of Shaw Communications from a “sell” rating to a “hold” rating in a research note on Monday, October 22nd. Finally, Zacks Investment Research raised shares of Shaw Communications from a “hold” rating to a “buy” rating and set a $22.00 target price for the company in a research note on Tuesday, September 25th. Four research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. The company has a consensus rating of “Buy” and an average price target of $27.50.

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Trexquant Investment LP bought a new stake in shares of Shaw Communications during the third quarter valued at approximately $284,000. Zurcher Kantonalbank Zurich Cantonalbank increased its position in shares of Shaw Communications by 212.2% during the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 271,138 shares of the company’s stock valued at $5,280,000 after acquiring an additional 184,287 shares in the last quarter. Hillsdale Investment Management Inc. increased its position in shares of Shaw Communications by 9.1% during the third quarter. Hillsdale Investment Management Inc. now owns 206,675 shares of the company’s stock valued at $4,029,000 after acquiring an additional 17,220 shares in the last quarter. Bank of New York Mellon Corp increased its position in shares of Shaw Communications by 24.6% during the third quarter. Bank of New York Mellon Corp now owns 752,594 shares of the company’s stock valued at $14,669,000 after acquiring an additional 148,403 shares in the last quarter. Finally, Janus Henderson Group PLC increased its position in shares of Shaw Communications by 1.3% during the third quarter. Janus Henderson Group PLC now owns 375,919 shares of the company’s stock valued at $7,321,000 after acquiring an additional 4,651 shares in the last quarter. 54.63% of the stock is owned by institutional investors.

Shares of NYSE SJR traded down $0.10 on Monday, reaching $18.66. 363,003 shares of the company’s stock traded hands, compared to its average volume of 613,840. Shaw Communications has a 12 month low of $18.18 and a 12 month high of $23.44. The company has a market capitalization of $9.04 billion, a price-to-earnings ratio of 15.81, a P/E/G ratio of 3.58 and a beta of 0.94. The company has a debt-to-equity ratio of 0.72, a quick ratio of 0.57 and a current ratio of 0.64.

The company also recently declared a monthly dividend, which will be paid on Wednesday, January 30th. Investors of record on Tuesday, January 15th will be given a dividend of $0.0754 per share. This represents a $0.90 annualized dividend and a dividend yield of 4.85%. The ex-dividend date of this dividend is Monday, January 14th. Shaw Communications’s dividend payout ratio (DPR) is currently 77.97%.

About Shaw Communications

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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