Should I buy or sell Corus Entertainment stock right now?

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Corus Entertainment in the last year. There are currently 2 sell ratings and 4 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "reduce" CJR.B shares. View CJR.B analyst ratings or view top-rated stocks .

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

6 analysts have issued 12-month target prices for Corus Entertainment's stock. Their CJR.B share price targets range from C$0.40 to C$2.15. On average, they predict the company's stock price to reach C$0.94 in the next year. This suggests a possible upside of 80.3% from the stock's current price. View analysts price targets for CJR.B or view top-rated stocks among Wall Street analysts .

How have CJR.B shares performed in 2024?

Corus Entertainment's stock was trading at C$0.71 at the beginning of 2024. Since then, CJR.B stock has decreased by 26.8% and is now trading at C$0.52. View the best growth stocks for 2024 here .

Is Corus Entertainment a good dividend stock?

Corus Entertainment (TSE:CJR.B) pays an annual dividend of C$0.12 per share and currently has a dividend yield of 13.19%. CJR.B has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Read our dividend analysis for CJR.B .

How do I buy shares of Corus Entertainment?

Shares of CJR.B stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor , Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers. Compare Top Brokerages Here .

TSE:CJR.B

Corus Entertainment (CJR.B) Stock Price, News & Analysis

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C$0.52

-0.02 (-3.70%)

(As of 04/17/2024 ET)

Compare

Today's Range: C$0.52
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C$0.55
50-Day Range: C$0.52
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C$0.95
52-Week Range: C$0.50
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C$1.69

Volume: 352,702 shs
Average Volume: 384,838 shs
Market Capitalization: C$101.96 million

P/E Ratio: N/A
Dividend Yield: 23.08%
Price Target: C$0.94

Stock Analysis Analyst Forecasts Chart Competitors Headlines

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Corus Entertainment MarketRank™ Stock Analysis

Analyst Rating: Reduce
1.67 Rating Score
Upside/Downside: 80.3% Upside
C$0.94 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.18
Based on 18 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.

2.15 out of 5 stars

3.8

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, 4 hold ratings, and 2 sell ratings.
Amount of Analyst Coverage
Corus Entertainment has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

N/A

Short Interest

Short Interest
There is no current short interest data available for CJR.B.

1.7

Dividend Strength

Dividend Leadership
Corus Entertainment is a leading dividend payer. It pays a dividend yield of 13.19%, 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 CJR.B.

2.3

News and Social Media Coverage

News Sentiment
Corus Entertainment has a news sentiment score of 0.18. 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 lower news sentiment than the 0.31 average news sentiment score of Consumer Cyclical companies.
News Coverage This Week
MarketBeat has tracked 18 news articles for Corus Entertainment this week, compared to 0 articles on an average week.
Search Interest
Only 1 people have searched for CJR.B on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
MarketBeat Follows
2 people have added Corus Entertainment to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

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 3.55% of the stock of Corus Entertainment is held by insiders.
Percentage Held by Institutions
Only 6.74% of the stock of Corus Entertainment is held by institutions.

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 Earnings Growth Ratio
Due to a projected decrease in earnings for Corus Entertainment, their PEG ratio cannot be calculated.
Price to Book Value per Share Ratio
Corus Entertainment has a P/B Ratio of 0.30. 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 (TSE:CJR.B)

Corus Entertainment Inc., a media and content company, operates specialty and conventional television networks, and radio stations in Canada and internationally. It operates through two segments, Television and Radio. The Television segment operates 44 specialty television networks and 15 conventional television stations. It is also involved in the production and distribution of films and television programs; production and distribution of animation software; and merchandise licensing and book publishing activities. In addition, this segment provides technology and media services. Its primary brands include Global Television, W Network, OWN: Oprah Winfrey Network Canada, HGTV Canada, Food Network Canada, History, Showcase, National Geographic, Disney Channel Canada, YTV, and Nickelodeon Canada. The Radio segment operates 39 radio stations that include a network of news-talk radio stations, as well as classic rock, country, new rock, and contemporary music formats. The company also provides children's animated content and related consumer products; and digital content and animation creation software. Corus Entertainment Inc. was founded in 1998 and is headquartered in Toronto, Canada.