Shaw Communications Inc (SJR-B.CA) Forecast, Price Target & Analyst Ratings

TSX:SJR-B • CA82028K2002

Current stock price

40.48 CAD
+0.01 (+0.02%)
Last:

Analyst forecast overview

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for Shaw Communications Inc (SJR-B.CA).

Forecast Snapshot

Consensus Price Target

Price Target
CA$41.31
+ 2.05% Upside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release Date
Jan 12, 2022
Period
Q2 / 2023
EPS Estimate
CA$0.37
Revenue Estimate
1.398B
→ Full earnings forecast details

ChartMill Buy Consensus

Rating
51.25%
Weighted Analyst Rating Score
→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target
CA$41.31
Upside
+ 2.05%
From current price of CA$40.48 to mean target of CA$41.31, Based on 16 analyst forecasts
Low
CA$40.91
Median
CA$41.31
High
CA$42.53

Price Target Revisions

1 Month
0.00%
3 Months
0.75%

Price Target Summary

16 Wall Street analysts provided a forecast for the next 12 months for SJR-B.CA. The average price target is 41.31 CAD. This implies a price increase of 2.05% is expected in the next year compared to the current price of 40.48.
The average price target has been revised upward by 0.75% in the past 3 months.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

SJR-B Current Analyst RatingSJR-B Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 2 4 6 8 10

Analyst Ratings History

SJR-B Historical Analyst RatingsSJR-B Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 5 10 15

Analyst Ratings Consensus

ChartMill Buy Consensus
51.25%
SJR-B.CA was analyzed by 16 analysts. The buy percentage consensus is at 51. So analysts seem to be rather neutral about SJR-B.CA.
In the previous month the buy percentage consensus was at a similar level.
SJR-B.CA was analyzed by 16 analysts, which should be a sufficient number of analysts to have a meaningful average consensus rating.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2022-11-30CIBC Capital MarketsMaintains Tender
2022-11-30Scotiabank CapitalMaintains Outperform
2022-11-30STA ResearchUpgrade Hold
2022-11-29National Bank of Canada FinancialMaintains Outperform
2022-10-26Scotiabank CapitalUpgrade Outperform
2022-10-26STA ResearchMaintains Hold
2022-08-08STA ResearchMaintains Hold
2022-07-01MorningstarMaintains Hold
2022-06-28Scotiabank CapitalDowngrade Outperform
2022-06-20Canaccord CapitalUpgrade Buy
2022-05-18National Bank of Canada FinancialUpgrade Sector Perform -> Outperform
2022-05-09Canaccord CapitalDowngrade Hold
2022-04-22CIBC Capital MarketsDowngrade Tender
2022-04-14National Bank of Canada FinancialDowngrade Hold
2022-04-14CIBC Capital MarketsMaintains Outperform
2022-04-14Scotiabank CapitalMaintains Outperform
2022-04-14MorningstarInitiate Hold
2022-04-05Scotiabank CapitalMaintains Outperform
2022-01-25CIBC Capital MarketsUpgrade Outperform
2021-11-08RBCRoyalBankUpgrade Outperform
2021-11-08RY BankUpgrade Outperform
2021-11-08SbankMaintains Outperform
2021-09-07Canaccord GenuityDowngrade Hold
2021-07-05RBC CapitalMaintains Sector Perform
2021-04-20RBC CapitalMaintains Sector Perform

Next Earnings Forecast Details

Next Earnings Details

Release Date
Jan 12, 2022
Period
Q2 / 2023
EPS Estimate
CA$0.37
Revenue Estimate
1.398B
Revenue Q2Q
2.87%
EPS Q2Q
-4.04%
Number of Analysts
10

Next Earnings Revisions

Revenue (1 Month)
0.00%
Revenue (3 Months)
-0.57%
EPS (1 Month)
0.00%
EPS (3 Months)
-5.01%

Next Earnings Summary

SJR-B.CA is expected to report earnings on 1/12/2022. The consensus EPS estimate for the next earnings is 0.37 CAD and the consensus revenue estimate is 1.40B CAD.
The next earnings revenue estimate has been revised downward by 0.57% in the past 3 months.
→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates 2023 - 2025

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2020 2021 2022 2023 2024 2025
Revenue
YoY % growth
SJR-B.CA revenue by date.SJR-B.CA revenue by date.
5.407B
1.25%		5.509B
1.89%		5.448B
-1.11%		5.585B
2.51%		5.567B
-0.32%		5.531B
-0.65%
EBITDA
YoY % growth
SJR-B.CA ebitda by date.SJR-B.CA ebitda by date.
2.394B
10.99%		2.502B
4.51%		2.537B
1.40%		2.563B
1.02%		2.578B
0.59%		2.564B
-0.54%
EBIT
YoY % growth
SJR-B.CA ebit by date.SJR-B.CA ebit by date.
1.174B
5.20%		1.281B
9.11%		1.307B
2.03%		1.291B
-1.22%		1.295B
0.31%		1.282B
-1.00%
Operating Margin
SJR-B.CA operating margin by date.SJR-B.CA operating margin by date.
21.71%23.25%23.99%23.12%23.26%23.18%
EPS
YoY % growth
SJR-B.CA eps by date.SJR-B.CA eps by date.
1.32
-19.51%		1.94
46.97%		1.52
-21.65%		1.49
-1.83%		1.53
2.85%		1.50
-2.01%

All data in CAD

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

Q2 / 23 Q3 / 23 Q4 / 23 Q1 / 24 Q2 / 24 Q3 / 24 Q4 / 24
EPS
Q2Q % growth		0.37
-4.04%		0.39
-4.03%		0.36
10.49%		0.38
12.09%		0.39
4.59%		0.41
4.71%		0.38
4.52%
Revenue
Q2Q % growth		1.398B
2.87%		1.382B
2.67%		1.391B
2.51%		N/AN/AN/AN/A
EBITDA
Q2Q % growth		635.39M
-31.90%		642.95M
-48.61%		629.2M
-59.04%		N/AN/AN/AN/A
EBIT
Q2Q % growth		305.91M
-6.45%		316.21M
-7.00%		296.64M
-3.06%		N/AN/AN/AN/A

All data in CAD

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

SJR-B.CA Yearly Revenue VS EstimatesSJR-B.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1B 2B 3B 4B 5B
SJR-B.CA Yearly EPS VS EstimatesSJR-B.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0.5 1 1.5

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
-0.36%
EPS Next 5 Year
N/A

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
-0.60%
Revenue Next 5 Year
N/A

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
23.60%
EBIT Next 5 Year
N/A
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

Shaw Communications Inc / SJR-B.CA Forecast FAQ

What is the average price target for Shaw Communications Inc (SJR-B.CA) stock?

16 analysts have analysed SJR-B.CA and the average price target is 41.31 CAD. This implies a price increase of 2.05% is expected in the next year compared to the current price of 40.48.

When does Shaw Communications Inc (SJR-B.CA) report earnings?

Shaw Communications Inc (SJR-B.CA) will report earnings on 2022-01-12.

What are the consensus estimates for Shaw Communications Inc (SJR-B.CA) next earnings?

The consensus EPS estimate for the next earnings of Shaw Communications Inc (SJR-B.CA) is 0.37 CAD and the consensus revenue estimate is 1.40B CAD.

What is the number of analysts for SJR-B stock?

The number of analysts covering Shaw Communications Inc (SJR-B.CA) is 16.