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Corus Entertainment (TSE:CJR.B)
TSX:CJR.B
Corus Entertainment (CJR.B) Stock Price & Analysis
315 Followers
CJR.B Stock Chart & Stats
Day’s RangeC$0 - C$0
52-Week RangeC$0.50 - C$1.66
Previous CloseC$0.5
Volume278.56K
Average Volume (3M)350.04K
Market Cap
C$101.71M
Enterprise ValueC$1.28B
Total Cash (Recent Filing)C$56.16M
Total Debt (Recent Filing)C$1.09B
Price to Earnings (P/E)-0.2
Beta1.53
Next Earnings
Jun 26, 2024EPS Estimate
C$0.08Next Dividend Ex-DateN/A
Dividend Yield35.62%
Share Statistics
EPS (TTM)-2.11
Shares Outstanding199,440,158
10 Day Avg. Volume666,676
30 Day Avg. Volume350,038
Standard Deviation0.16
R-Squared0.34
Alpha-0.03
Financial Highlights & Ratios
Price to Book (P/B)-0.07
Price to Sales (P/S)0.07
Price to Cash Flow (P/CF)N/A
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$0.80Price Target Upside59.15% Upside
Rating ConsensusModerate Sell
Number of Analyst Covering6
Corus Entertainment News
PremiumCompany Announcements
Corus Entertainment Strives Amid Revenue Dip
Bulls Say, Bears Say
Bulls Say
Financial PerformanceFree Cash Flow in Q2 was up 15.7% year-over-year, better than anticipated due to improved working capital.
Operational EfficiencyOperational expenditures reductions were encouraging, with employee costs down 7% and G&A down 16%.
ProfitabilityConsolidated margins improved reflecting lower deliveries and cost containment measures.
Bears Say
Advertising RevenueTV advertising declined by 12%, which was at the lower end of company guidance for the quarter, while subscriber revenue declined 5%.
Financial PerformanceLeverage remains high with net debt to LTM EBITDA at 3.62x, reflecting a modestly leveraged financial position.
Future OutlookMargins may be under pressure as programming deliveries rebound likely in late 2024, which could drive year-over-year increases in content costs.
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Options Prices
Currently, No data available
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Ownership Overview
7.76% Insiders
3.58% Mutual Funds
2.28% Other Institutional Investors
86.37% Public Companies and
Individual Investors
CJR.B FAQ
What was Corus Entertainment’s price range in the past 12 months?
Corus Entertainment lowest stock price was C$0.50 and its highest was C$1.66 in the past 12 months.
What is Corus Entertainment’s market cap?
Currently, no data Available
When is Corus Entertainment’s upcoming earnings report date?
Corus Entertainment’s upcoming earnings report date is Jun 26, 2024 which is in 64 days.
How were Corus Entertainment’s earnings last quarter?
Corus Entertainment released its earnings results on Apr 12, 2024. The company reported -C$0.03 earnings per share for the quarter, missing the consensus estimate of -C$0.026 by -C$0.004.
Is Corus Entertainment overvalued?
According to Wall Street analysts Corus Entertainment’s price is currently Undervalued.
Does Corus Entertainment pay dividends?
Corus Entertainment does not currently pay dividends.
What is Corus Entertainment’s EPS estimate?
Corus Entertainment’s EPS estimate is C$0.08.
How many shares outstanding does Corus Entertainment have?
Corus Entertainment has 196,072,630 shares outstanding.
What happened to Corus Entertainment’s price movement after its last earnings report?
Corus Entertainment reported an EPS of -C$0.03 in its last earnings report, missing expectations of -C$0.026. Following the earnings report the stock price went down -26.25%.
Which hedge fund is a major shareholder of Corus Entertainment?
Currently, no hedge funds are holding shares in TSE:CJR.B
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Corus Entertainment Stock Smart Score
Not Ranked
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Analyst Consensus
Moderate Sell
Average Price Target:
C$0.80 (59.15% Upside)
C$0.80 (59.15% Upside)
Blogger Sentiment
Neutral
TSE:CJR.B Sentiment 50%
Sector Average 66%
Sector Average 66%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-64.04%
12-Months-Change
Fundamentals
Return on Equity
-77.53%
Trailing 12-Months
Asset Growth
-27.17%
Trailing 12-Months
Company Description
Corus Entertainment
Corus Entertainment, Inc. is a media and entertainment holding company, which engages in the provision of radio broadcasting, specialty television, digital audio services, and cable advertising services. It operates through the following segments: Television, Radio, and Corporate. The Television segment comprises of specialty television networks, pay television services, conventional television stations, and the Corus content business. The Radio segment includes radio stations with a concentration in the densely populated area. The Corporate segment refers to the incremental cost of corporate overhead in excess of the amount allocated to the other operating segments. The company was founded by James Robert Shaw on March 3, 1998 and is headquartered in Toronto, Canada.
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CJR.B Company Deck
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CJR.B Earnings Call
Q2 2024
0:00 / 0:00
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CJR.B Stock 12 Months Forecast
Average Price Target
C$0.80
▲(59.15% Upside)
Technical Analysis
Corus Entertainment
―
Cumulus Media
―
E. W. Scripps Company Class A
―
AMC Networks
―
Clear Channel Outdoor
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Best Analysts Covering CJR.B
1 Year
1 Year Success Rate
12/24 ratings generated profit
1 Year Average Return
+12.49%
reiterated a sell rating 12 days ago
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