Should I buy or sell Corus Entertainment stock right now?

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Corus Entertainment in the last twelve months. There are currently 1 sell rating and 2 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "reduce" CJREF shares. View CJREF analyst ratings or view top-rated stocks .

What is Corus Entertainment's stock price target for 2024?

3 equities research analysts have issued 1 year price objectives for Corus Entertainment's shares. Their CJREF share price targets range from $5.00 to $11.50. On average, they expect the company's share price to reach $8.05 in the next twelve months. This suggests a possible upside of 2,046.7% from the stock's current price. View analysts price targets for CJREF or view top-rated stocks among Wall Street analysts .

How have CJREF shares performed in 2024?

Corus Entertainment's stock was trading at $0.5526 at the beginning of 2024. Since then, CJREF shares have decreased by 32.1% and is now trading at $0.3750. View the best growth stocks for 2024 here .

Are investors shorting Corus Entertainment?

Corus Entertainment saw a increase in short interest in the month of March. As of March 15th, there was short interest totaling 3,362,200 shares, an increase of 21.0% from the February 29th total of 2,779,700 shares. Based on an average trading volume of 6,400 shares, the short-interest ratio is currently 525.3 days. View Corus Entertainment's Short Interest .

How were Corus Entertainment's earnings last quarter?

Corus Entertainment Inc. (OTCMKTS:CJREF) released its quarterly earnings results on Friday, April, 12th. The company reported ($0.02) earnings per share for the quarter. The firm had revenue of $222.79 million for the quarter. Corus Entertainment had a negative net margin of 29.80% and a positive trailing twelve-month return on equity of 9.76%.

How often does Corus Entertainment pay dividends? What is the dividend yield for Corus Entertainment?

Corus Entertainment announced a dividend on Thursday, July 20th. Stockholders of record on Monday, July 31st will be paid a dividend of $0.0226 per share on Tuesday, August 15th. This represents a yield of 7.88%. The ex-dividend date is Friday, July 28th. This is an increase from the stock's previous dividend of $0.02. Read our dividend analysis for CJREF .

Is Corus Entertainment a good dividend stock?

Corus Entertainment (OTCMKTS:CJREF) pays an annual dividend of $0.02 per share and currently has a dividend yield of 5.75%. CJREF has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Read our dividend analysis for CJREF .

How do I buy shares of Corus Entertainment?

Shares of CJREF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

OTCMKTS:CJREF

Corus Entertainment (CJREF) Stock Price, News & Analysis

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Free CJREF Stock Alerts

$0.38

-0.01 (-2.60%)

(As of 04/18/2024 ET)

Compare

Today's Range: $0.37
▼
$0.38
50-Day Range: $0.38
▼
$0.68
52-Week Range: $0.37
▼
$1.25

Volume: 10,156 shs
Average Volume: 27,541 shs
Market Capitalization: $74.79 million

P/E Ratio: N/A
Dividend Yield: 5.33%
Price Target: $8.05

Stock Analysis Analyst Forecasts Chart Dividend Earnings Financials Headlines Short Interest

Get Corus Entertainment alerts:

Corus Entertainment MarketRank™ Stock Analysis

Analyst Rating: Reduce
1.67 Rating Score
Upside/Downside: 2,046.7% Upside
$8.05 Price Target
Short Interest: Bearish
1.69% of Shares Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 1.12
Based on 8 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.05 out of 5 stars

2.8

Analyst's Opinion

Consensus Rating
Corus Entertainment has received a consensus rating of Reduce. The company's average rating score is 1.67, and is based on no buy ratings, 2 hold ratings, and 1 sell rating.
Amount of Analyst Coverage
Corus Entertainment has received no research coverage in the past 90 days.

1.0

Short Interest

Percentage of Shares Shorted
1.69% of the outstanding shares of Corus Entertainment have been sold short.
Short Interest Ratio / Days to Cover
Corus Entertainment has a short interest ratio ("days to cover") of 268.1, which indicates bearish sentiment.
Change versus previous month
Short interest in Corus Entertainment has recently increased by 0.46%, indicating that investor sentiment is decreasing.

1.7

Dividend Strength

Dividend Leadership
Corus Entertainment is a leading dividend payer. It pays a dividend yield of 5.75%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Corus Entertainment does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for CJREF.

2.8

News and Social Media Coverage

News Sentiment
Corus Entertainment has a news sentiment score of 1.12. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.54 average news sentiment score of Consumer Discretionary companies.
News Coverage This Week
MarketBeat has tracked 8 news articles for Corus Entertainment this week, compared to 1 article on an average week.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Corus Entertainment insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 3.49% of the stock of Corus Entertainment is held by insiders.

0.6

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Corus Entertainment is -0.24, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Corus Entertainment is -0.24, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Corus Entertainment has a P/B Ratio of 0.22. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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About Corus Entertainment Stock (OTCMKTS:CJREF)

Corus Entertainment Inc., a media and content company, operates specialty and conventional television networks, and radio stations in Canada and internationally. It operates in two segments, Television and Radio. The Television segment consists of specialty television networks, conventional television stations, digital and streaming platforms, a social digital agency, and a social media creator network; and provides technology and media services. This segment also engages in the production and distribution of films and television programs; merchandise licensing and book publishing activities; and provision of advertising services, subscriptions, and the licensing of proprietary films and television programs, as well as production services. The Radio segment operates radio stations that include a network of news/talk radio stations, as well as classic hits, rock, country, and hot adult contemporary radio formats. The company produces and distributes children's animated content and consumer products; owns Nelvana, Corus Studios, Aircraft Pictures, Kid Can Press, so.da, and Kin Community Canada, and Quay Media Services; and operates companion websites, digital and streaming platforms, and applications that are related to its brands. Corus Entertainment Inc. was incorporated in 1998 and is headquartered in Toronto, Canada.

CJREF Stock Price History

30 days | 90 days | 365 days | Advanced Chart

CJREF Stock News Headlines

April 15, 2024 | americanbankingnews.com

Corus Entertainment (OTCMKTS:CJREF) Releases Quarterly Earnings Results

April 14, 2024 | seekingalpha.com

Corus Entertainment, Inc. (CJREF) Q2 2024 Earnings Call Transcript

April 19, 2024 | DTI (Ad)

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April 12, 2024 | marketwatch.com

Corus Entertainment Shares Down as Lower Ad Revenue Drags on 2Q Performance, 3Q Outlook

April 12, 2024 | prnewswire.com

CORUS ENTERTAINMENT ANNOUNCES FISCAL 2024 SECOND QUARTER RESULTS

April 11, 2024 | americanbankingnews.com

Corus Entertainment (CJREF) Set to Announce Quarterly Earnings on Friday

April 2, 2024 | prnewswire.com

CORUS ENTERTAINMENT'S SECOND QUARTER FINANCIAL RESULTS TO BE RELEASED ON APRIL 12, 2024

March 20, 2024 | finance.yahoo.com

CORUS.FUTURES SCHOLARSHIP AND INTERNSHIP PROGRAM NOW ACCEPTING SUBMISSIONS FOR 2024/25 SCHOOL YEAR

April 19, 2024 | InvestorPlace (Ad)

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March 19, 2024 | wsj.com

Corus Entertainment Inc. Cl B NV

March 6, 2024 | finance.yahoo.com

CORUS ENTERTAINMENT APPLAUDS ITS CREATIVE TEAMS AND PRODUCTION PARTNERS ON 65 CANADIAN SCREEN AWARDS NOMINATIONS

February 27, 2024 | finance.yahoo.com

GLOBAL WELCOMES A RECORD-BREAKING 11 SPONSORS FOR SEASON 12 OF BIG BROTHER CANADA

February 8, 2024 | markets.businessinsider.com

Corus Entertainment (CJREF) Receives a Hold from RBC Capital

January 15, 2024 | markets.businessinsider.com

Analysts Offer Insights on Communication Services Companies: Cineplex (OtherCPXGF) and Corus Entertainment (OtherCJREF)

January 8, 2024 | msn.com

Audacy files for Chapter 11 bankruptcy as ad sales crash

December 21, 2023 | finance.yahoo.com

SHOWCASE AND W NETWORK ANNOUNCE THEIR WINTER LINEUPS OF NEW AND RETURNING SERIES

December 14, 2023 | finance.yahoo.com

CORUS ENTERTAINMENT'S FIRST QUARTER FINANCIAL RESULTS TO BE RELEASED ON JANUARY 12, 2024

October 27, 2023 | msn.com

Corus Entertainment Non-GAAP EPS of -C$0.04, revenue of C$338.84M; suspends dividend

October 27, 2023 | finance.yahoo.com

CORUS ENTERTAINMENT ANNOUNCES FISCAL 2023 FOURTH QUARTER AND YEAR END RESULTS

October 20, 2023 | markets.businessinsider.com

Corus Entertainment (CJREF) Gets a Hold from Scotiabank

October 10, 2023 | investing.com

Corus Entertainment Inc (CJRr)

October 5, 2023 | finance.yahoo.com

CORUS ENTERTAINMENT'S FOURTH QUARTER AND YEAR-END FINANCIAL RESULTS TO BE RELEASED ON OCTOBER 27, 2023

September 26, 2023 | finance.yahoo.com

CORUS ENTERTAINMENT BUILDS ON PARTNERSHIP WITH RBC AND HGTV CANADA'S BRYAN AND SARAH BAEUMLER

September 5, 2023 | finance.yahoo.com

SHOWCASE'S FALL SCHEDULE DELIVERS EDGE-OF-YOUR-SEAT THRILLS AND BIG LAUGHS

August 31, 2023 | finance.yahoo.com

CORUS ENTERTAINMENT RELEASES A 'BEAUTIFALL' LINEUP OF KIDS PROGRAMMING JUST IN TIME FOR THE BACK TO SCHOOL SEASON

August 31, 2023 | finance.yahoo.com

THE HISTORY® CHANNEL'S GROUNDBREAKING DOCUMENTARY TRUE STORY RETURNS FOR PART TWO

August 28, 2023 | finance.yahoo.com

UP AND AUTUMN! W NETWORK'S FALL LINEUP DELIVERS FRESH NEW SERIES AND COZY FAVOURITES

See More Headlines

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Company Calendar

Last Earnings: 4/12/2024
Today: 4/19/2024
Fiscal Year End: 8/31/2024

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Industry, Sector and Symbol

Stock Exchange: OTCMKTS
Sector: Consumer Discretionary
Industry: Radio broadcasting stations
Sub-Industry: N/A
Current Symbol: OTCMKTS:CJREF
Previous Symbol: NYSE:CJR
CUSIP: N/A
CIK: 1100868
Web: www.corusent.com
Phone: (416) 479-7000
Fax: 416-479-7007
Employees: 3,137
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $8.05
High Stock Price Target: $11.50
Low Stock Price Target: $5.00
Potential Upside/Downside: +2,046.7%
Consensus Rating: Reduce
Rating Score (0-4): 1.67
Research Coverage: 3 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($1.56)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-318,290,000.00
Net Margins: -29.80%
Pretax Margin: -36.08%
Return on Equity: 9.76%
Return on Assets: 1.54%

Debt

Debt-to-Equity Ratio: 2.19
Current Ratio: 0.68
Quick Ratio: 0.68

Sales & Book Value

Annual Sales: $1.12 billion
Price / Sales: 0.07
Cash Flow: $2.88 per share
Price / Cash Flow: 0.13
Book Value: $1.71 per share
Price / Book: 0.22

Miscellaneous

Outstanding Shares: 199,440,000
Free Float: 192,480,000
Market Cap: $74.79 million
Optionable: Not Optionable
Beta: 1.82

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Key Executives

Ms. Heather Ann Shaw B.Com. (Age 64)
BComm, M.B.A., Executive Chairman of the Board
Comp: $551.25k
Mr. Douglas D. Murphy HBA (Age 61)
M.B.A., President, CEO & Director
Comp: $981.69k
Mr. John Richard Gossling F.C.A. (Age 58)
FCPA, Executive VP & CFO
Comp: $622.91k
Mr. Troy Reeb
Executive Vice President of Networks & Content
Mr. Gregory G. McLelland
Executive VP & Chief Revenue Officer
Mr. Shawn Kelly
Executive Vice President of Technology
Julie Edwards
Vice President of Facilities & Administration
Heidi Kucher
Director of Investor Relations
Ms. Jennifer Lee
Executive VP & General Counsel and Corporate Secretary
Ms. Cheryl Fullerton
Executive Vice President of People & Communications

Key Competitors

View All Competitors

CJREF Stock Analysis - Frequently Asked Questions

Should I buy or sell Corus Entertainment stock right now?: 3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Corus Entertainment in the last twelve months. There are currently 1 sell rating and 2 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "reduce" CJREF shares.
View CJREF analyst ratings or view top-rated stocks.
What is Corus Entertainment's stock price target for 2024?: 3 equities research analysts have issued 1 year price objectives for Corus Entertainment's shares. Their CJREF share price targets range from $5.00 to $11.50. On average, they expect the company's share price to reach $8.05 in the next twelve months. This suggests a possible upside of 2,046.7% from the stock's current price.
View analysts price targets for CJREF or view top-rated stocks among Wall Street analysts.
How have CJREF shares performed in 2024?: Corus Entertainment's stock was trading at $0.5526 at the beginning of 2024. Since then, CJREF shares have decreased by 32.1% and is now trading at $0.3750.
View the best growth stocks for 2024 here.
Are investors shorting Corus Entertainment?: Corus Entertainment saw a increase in short interest in the month of March. As of March 15th, there was short interest totaling 3,362,200 shares, an increase of 21.0% from the February 29th total of 2,779,700 shares. Based on an average trading volume of 6,400 shares, the short-interest ratio is currently 525.3 days.
View Corus Entertainment's Short Interest.

How were Corus Entertainment's earnings last quarter?: Corus Entertainment Inc. (OTCMKTS:CJREF) released its quarterly earnings results on Friday, April, 12th. The company reported ($0.02) earnings per share for the quarter. The firm had revenue of $222.79 million for the quarter. Corus Entertainment had a negative net margin of 29.80% and a positive trailing twelve-month return on equity of 9.76%.
How often does Corus Entertainment pay dividends? What is the dividend yield for Corus Entertainment?: Corus Entertainment announced a dividend on Thursday, July 20th. Stockholders of record on Monday, July 31st will be paid a dividend of $0.0226 per share on Tuesday, August 15th. This represents a yield of 7.88%. The ex-dividend date is Friday, July 28th. This is an increase from the stock's previous dividend of $0.02.
Read our dividend analysis for CJREF.
Is Corus Entertainment a good dividend stock?: Corus Entertainment (OTCMKTS:CJREF) pays an annual dividend of $0.02 per share and currently has a dividend yield of 5.75%. CJREF has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for CJREF.
How do I buy shares of Corus Entertainment?: Shares of CJREF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (OTCMKTS:CJREF) was last updated on 4/19/2024 by MarketBeat.com Staff

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