|Bid||27.49 x 0|
|Ask||27.50 x 0|
|Day's Range||27.45 - 27.65|
|52 Week Range||24.06 - 28.10|
|Beta (3Y Monthly)||0.75|
|PE Ratio (TTM)||19.37|
|Forward Dividend & Yield||1.19 (4.29%)|
|1y Target Est||29.68|
Shaw Communications Inc. (TSX:SJR.B)(NYSE:SJR) is a growthier telecom with a comparable yield at a far better valuation than its peers.
Shaw Communications Inc. today urged the Federal Cabinet to take steps to ensure Canada has a regulatory environment that delivers affordable internet choices for Canadians and supports the conditions required for continued investment in the backbone of the country’s high-speed internet infrastructure.
National Bank of Canada stock, TC Energy stock, and Shaw Communications stocks are intriguing but excellent choices for TFSA users who are after sustainable dividends.
Some Shaw Communications Inc. (TSE:SJR.B) shareholders may be a little concerned to see that the Independent Director...
Today we will run through one way of estimating the intrinsic value of Shaw Communications Inc. (TSE:SJR.B) by...
CALGARY, Alberta, Nov. 07, 2019 -- Shaw Communications’ Freedom Mobile today announced that it is expanding the availability of Freedom Home Internet, an internet product.
Of all stocks on the TSX index, Shaw Communications Inc. (TSX:SJR.B)(NYSE:SJR) looks like the timeliest bet. Here's why.
At this point in time, long-term investors ought to take a deeper look at Telus Corporation (TSX:T)(NYSE:TU) over Shaw Communications Inc. (TSX:SJR.B)(NYSE:SJR), for a number of reasons.
Shaw Communications Inc. (“Shaw”) announced today that it has received approval from the Toronto Stock Exchange (“TSX”) to establish a normal course issuer bid (“NCIB”) program to purchase its Class B Non-Voting Participating Shares (the “Class B Shares”) through the facilities of the TSX and eligible alternative Canadian trading systems for a one year period. Shaw’s NCIB will expire on October 31, 2020, in accordance with the rules of the TSX. As approved by the TSX, during the period from November 1, 2019 to October 31, 2020, Shaw is authorized to purchase for cancellation up to 24,758,127 Class B Shares, representing approximately 5% of all of the issued and outstanding Class B Shares.
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TORONTO — Some of the most active companies traded Friday on the Toronto Stock Exchange:Toronto Stock Exchange (16,404.49, up 35.17 points).Yamana Gold Inc. (TSX:YRI). Materials. Up 33 cents, or 7.43 per cent, to $4.77 on 8.9 million shares.Zenabis Global Inc. (TSX:ZENA). Health care. Down 3.5 cents, or 11.86 per cent, to 26 cents on 7 million shares.Aurora Cannabis Inc. (TSX:ACB). Health care. Up 14 cents, or 2.89 per cent, to $4.99 on 5.3 million shares.Encana Corp. (TSX:ECA). Energy. Up 13 cents, or 2.39 per cent, to $5.56 on 4.8 million shares.Kinross Gold Corp. (TSX:K). Materials. Up nine cents, or 1.45 per cent, to $6.29 on 4.1 million shares.Aphria Inc. (TSX:APHA). Health care. Up 57 cents, or 8.49 per cent, to $7.28 on 3.8 million shares. Companies in the news:Hexo Corp. (TSX:HEXO). Down 20 cents or six per cent to $3.11. Hexo Corp. is winding down its operations at its greenhouse in Beamsville, Ont., as part of the cannabis company's cost-cutting moves. The Niagara-area greenhouse belonged to Newstrike Brands Ltd., a licensed producer backed by members of the Tragically Hip band that Hexo acquired in May. A spokeswoman for Hexo says it acquired Newstrike for its brand and distribution channels, and the facility in Beamsville provided additional supply. Hexo did not answer questions about how many employees at the Beamsville facility were impacted, but earlier this week the Gatineau, Que.-based firm announced that it was reducing its workforce by approximately 200 jobs across the board.Shaw Communications Inc. (TSX:SJR.B). Up 81 cents or 3.25 per cent to $25.72. Freedom Mobile's subscriber growth gained momentum during the summer months despite a new level of competition from its bigger rivals, senior management at Shaw Communications Inc. told analysts Friday as the company reported a fourth-quarter profit of $167 million. During the quarter ended Aug. 31, Freedom added 90,700 customers to bring its total to nearly 1.7 million subscribers in three provinces, making it the largest of Canada's four main regional wireless carriers. The subscriber growth exceeded analyst estimates, which had generally been for less than the 85,000 net subscriber additions that Freedom reported in last year's equivalent period.Domtar Corp. (TSX:UFS). Up $2.55 or 5.4 per cent to $49.45. Shares in Domtar Corp. soared after it reported better-than-expected results for its latest quarter. Domtar, which keeps its books in U.S. dollars, says it earned US$20 million or 32 cents per diluted share for the quarter ended Sept. 30, down from a profit of $99 million or $1.57 per diluted share a year ago. Consolidated sales for the quarter totalled $1.28 billion, down from $1.37 billion. Excluding a number of one-time items, Domtar says it earned $55 million or 89 cents per share in the quarter compared with a profit of $92 million or $1.46 per share in the same quarter a year earlier. CannTrust Holdings Inc. (TSX:TRST). Down 12 cents or 6.9 per cent to $1.62. CannTrust Holdings Inc. shares fell Friday after the cannabis company said it is laying off as many as 140 people — roughly one quarter of its workforce — while it works to regain its federal licences to sell and produce pot. The Vaughan, Ont.-based pot producer said late Thursday there will be a series of phased layoffs between late October and the end of the year. The cuts are expected to result in monthly cash savings of about $400,000 and cost up to $800,000 in severance payments if the employees are not recalled within 35 weeks. The savings from these temporary layoffs will be dependent on the timing of employee recalls pending reinstatement of the company's licenses by Health Canada, CannTrust said. This report by The Canadian Press was first published Oct. 25, 2019.The Canadian Press
Shaw Communications Inc. took top spot as Western Canada’s fastest internet service provider, according to a new report released by Ookla’s Speedtest Intelligence. The report also names Shaw as the fastest in four of the country’s most populous cities — Vancouver, Calgary, Edmonton and Winnipeg — and the second fastest provider in Canada.
TORONTO — Freedom Mobile's subscriber growth gained momentum during the summer months despite a new level of competition from its bigger rivals, senior management at Shaw Communications Inc. told analysts Friday as the company reported a fourth-quarter profit of $167 million.During the quarter ended Aug. 31, Freedom added 90,700 customers to bring its total to nearly 1.7 million subscribers in three provinces — making it the largest of Canada's four main regional wireless carriers.The subscriber growth exceeded analyst estimates, which had generally been for less than the 85,000 net subscriber additions that Freedom reported in last year's equivalent period.Paul McAleese, Shaw's president of wireless, said a new pricing strategy introduced by Rogers and the other two national carriers since June had only a short-term effect until Freedom responded with promotions of its own in August."I think by any objective measure, I'd describe Q4 as one of the most competitively intense periods that the Canadian wireless industry has ever seen," McAleese told a conference call with investors to discuss the company's latest financial results.He said he believed there was "something of a lack of pricing discipline in the market, really across the board" and, without naming the company, pointed towards quarterly results from Rogers Communications Inc. released Wednesday.Rogers was the first of Canada's three big national wireless carriers to announce their first data plans without overage fees, with plans for its flagship brand beginning at $75 a month — about $10 more than comparable Freedom plans.Bell and Telus later introduced similar "unlimited" or "endless" plans that don't charge extra for exceeding a plan's scheduled usage, although they reserve the right to slow down transfer speeds after a predetermined limit.Rogers said on Wednesday that a million of its customers had adopted its unlimited data plans since they were introduced, about three times more than expected."My perspective is that unlimited came out below the rate that it should have done. And certainly the results you saw this week probably support that," McAleese said.He added that he thinks the adoption by the large national carriers of equipment instalment payments — which spread the cost of new devices over many months — hadn't "worked as expected" for Freedom's rivals.Freedom's response was to fully subsidize the cost of customers' new devices, rather than have them pay some or all of the true hardware cost over 24 to 36 months."We still love what we're getting here," McAleese said. "We were able to move 30 per cent of our (new post-paid subscriptions) to a rate plan of $75 (per month) or above.""It was certainly an expensive quarter from a subsidy standpoint but what we got in exchange for that trade was something we would take again and will do again."Shaw chief executive Brad Shaw said the wireless division — formed with the acquisition of Wind Mobile in March 2016 — has established itself as an industry innovator through investments in its facilities-based network.He added that a change in telecommunications policy, articulated by the Liberal government and the federal regulator just months before the Oct. 21 election, threatens to undermine those investments. He said that "we have already altered our plans with respect to launching new higher-speed internet tiers and additional wireless expansion beyond our footprint."Freedom Mobile remains a relatively small part of Shaw's overall business, which includes one of Western Canada's largest residential internet and video cable networks.It earned 32 cents per share in its latest quarter, down from a profit of $196 million or 38 cents per share in the same quarter last year, due to lower equity income associated with its investment in Corus Entertainment, which was sold in May, and gains on asset sales a year ago.Revenue for the quarter totalled $1.35 billion, up from nearly $1.33 billion a year ago. Wireless revenue totalled $283 million, up from $241 million a year ago, while wireline revenue slipped to $1.07 billion from $1.09 billion last year. This report by The Canadian Press was first published Oct. 25, 2019.Companies in this story: (TSX:SJR.B, TSX:CJR.B)David Paddon, The Canadian Press
CALGARY, Alberta, Oct. 25, 2019 -- Shaw Communications Inc. (“Shaw”) announced today that its Board of Directors has declared monthly dividends of $0.09875 on the Class B.
CALGARY, Alberta, Oct. 25, 2019 -- Shaw Communications Inc. (“Shaw”) announced today that its Board of Directors has declared dividends for the three-month period ended.
Record Wireless net subscriber additions of 90,700 in the fourth quarter resulting in over 266,000 new customers during the yearWireless revenue exceeds $1 billion in fiscal.
Stay far away from Shaw Communications (TSX:SJR.B)(NYSE:SJR), IGM Financial (TSX:IGM), and Baytex Energy (TSX:BTE)(NYSE:BTE).
Dividend investors should consider Shaw Communications Inc. (TSX:SJR.B)(NYSE:SJR) as their passive income stock of choice amidst the recent telecom stock sale.
Shaw Communications Inc. (TSX:SJR.B)(NYSE:SJR) can potentially unlock some serious shareholder value by making one simple move.