Shaw Communications (TSE:SJR.B) (NYSE:SJR) had its price objective lowered by TD Securities from C$33.00 to C$32.00 in a research report report published on Friday, June 28th, BayStreet.CA reports. The brokerage currently has an action list buy rating on the stock.
TSE SJR.B traded down C$0.20 on Friday, hitting C$25.50. 763,303 shares of the company were exchanged, compared to its average volume of 1,000,000. The stock has a market capitalization of $10.53 billion and a P/E ratio of 16.63. Shaw Communications has a 12 month low of C$23.82 and a 12 month high of C$28.10. The stock’s fifty day moving average is C$26.88. The company has a debt-to-equity ratio of 85.76, a quick ratio of 0.63 and a current ratio of 0.76.
The business also recently announced a monthly dividend, which will be paid on Tuesday, July 30th. Investors of record on Tuesday, July 30th will be paid a dividend of $0.0988 per share. This represents a $1.19 annualized dividend and a yield of 4.65%. The ex-dividend date of this dividend is Friday, July 12th. Shaw Communications’s dividend payout ratio is presently 77.63%.
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 broadband Internet, Shaw Go WiFi, video, and digital phone services to residential customers; and Internet, data, WiFi, digital phone, and video services to business customers.
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