Corus Entertainment (B)

CJR.B-T

TSE:CJR.B

6.00
0.01 (0.17%)
Corus Entertainment is a Canadian media and broadcasting company. Formed in 1999 as a spin-off from Shaw Communications, it is headquartered at Corus Quay in Toronto, Ontario, and has prominent holdings ...
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Analysis and Opinions about CJR.B-T

Signal
Opinion
Expert
Chart
DON'T BUY
DON'T BUY
April 19, 2021
It bounced well of the bottom. The problem is that the last quarter or two they beat expectations but there is a lack of growth and in the channels and assets they own. He would not jump on it right now.
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It bounced well of the bottom. The problem is that the last quarter or two they beat expectations but there is a lack of growth and in the channels and assets they own. He would not jump on it right now.
John Zechner
Price
$6.105
Owned
Unknown
PARTIAL BUY
PARTIAL BUY
April 13, 2021
Allan Tong’s Discover Picks The stock is climbing out of a long slump and offers upside of 23%, based on a price target of $7.71 by six analysts. Corus has cut costs and the Shaw family owns the company, so there is stability in the upper office. Meanwhile, shareowners can collect the 3.83% dividend yield. However, the fundamentals remained challenged with negative earnings, a -41% profit margin and -46% ROE. There’s still a ways to go with this story. There’s upside, but maybe not to $7.71. Consider this a partial buy. Read 3 Promising Stock Upgrades: SNAP, Uber, Corus for our full analysis.
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Allan Tong’s Discover Picks The stock is climbing out of a long slump and offers upside of 23%, based on a price target of $7.71 by six analysts. Corus has cut costs and the Shaw family owns the company, so there is stability in the upper office. Meanwhile, shareowners can collect the 3.83% dividend yield. However, the fundamentals remained challenged with negative earnings, a -41% profit margin and -46% ROE. There’s still a ways to go with this story. There’s upside, but maybe not to $7.71. Consider this a partial buy. Read 3 Promising Stock Upgrades: SNAP, Uber, Corus for our full analysis.
PAST TOP PICK
PAST TOP PICK
March 25, 2021
(A Top Pick Feb 02/21, Up 22.2%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with CJRb is progressing well. We are now recommending trailing up the stop (from $3.50) to $5.75. This would all but ensure a minimum investment return of 15%.
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(A Top Pick Feb 02/21, Up 22.2%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with CJRb is progressing well. We are now recommending trailing up the stop (from $3.50) to $5.75. This would all but ensure a minimum investment return of 15%.
Stockchase Research
Price
$6.050
Owned
Unknown
COMMENT
COMMENT
March 22, 2021

Ad revenues are challenged in radio and TV. Corus has controlled costs well and people are still watching specialty channels (cord-cutting is greatly exaggerated). The dividend is safe, and the Shaw family (not the company) controls the company, so this is steady. He may look at this in the future.

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Ad revenues are challenged in radio and TV. Corus has controlled costs well and people are still watching specialty channels (cord-cutting is greatly exaggerated). The dividend is safe, and the Shaw family (not the company) controls the company, so this is steady. He may look at this in the future.

TOP PICK
TOP PICK
February 2, 2021
Stockchase Research Editor: Michael O'Reilly CJR owns tv and radio stations across Canada and is involved in media production. It pays a good dividend and trades at less than 6x earnings. Recent reported EPS of $0.37 handily beat expectations of $0.31. We see good value now as it trades right at book value. We would buy this with a stop-loss at $3.50, looking to target $6.50 -- 30% upside. Yield 4.94% (Analysts’ price target is $6.43)
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Stockchase Research Editor: Michael O'Reilly CJR owns tv and radio stations across Canada and is involved in media production. It pays a good dividend and trades at less than 6x earnings. Recent reported EPS of $0.37 handily beat expectations of $0.31. We see good value now as it trades right at book value. We would buy this with a stop-loss at $3.50, looking to target $6.50 -- 30% upside. Yield 4.94% (Analysts’ price target is $6.43)
PAST TOP PICK
PAST TOP PICK
November 23, 2020
(A Top Pick Oct 08/19, Down 20%) It was an income idea that was impacted by COVID. Last year at this time we saw money flowing back toward TV advertisers. There is a little momentum in their advertizing revenue and it is starting to come back.
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(A Top Pick Oct 08/19, Down 20%) It was an income idea that was impacted by COVID. Last year at this time we saw money flowing back toward TV advertisers. There is a little momentum in their advertizing revenue and it is starting to come back.
Jamie Murray
Price
$4.140
Owned
Yes
COMMENT
COMMENT
September 22, 2020
He used to own it. It's very well managed but in a challenging space. They own good properties. They're ad-dependent, but have a stable subscriber base of their specialty channels. They're a little undervalued. Be watch industry cord-cutting and ad spending. They already cut their dividend, so he assumes it's stable.
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He used to own it. It's very well managed but in a challenging space. They own good properties. They're ad-dependent, but have a stable subscriber base of their specialty channels. They're a little undervalued. Be watch industry cord-cutting and ad spending. They already cut their dividend, so he assumes it's stable.
HOLD
HOLD
July 14, 2020
Safe dividend? It's down 20-30% recently, but has a stable revenue base from their TV content. There's question over ad revenue declining in traditional media and whether it will return. Has decent free cash flow, but if they reduce their debt load, Corus will likely do quite well. Don't sell it now.
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Safe dividend? It's down 20-30% recently, but has a stable revenue base from their TV content. There's question over ad revenue declining in traditional media and whether it will return. Has decent free cash flow, but if they reduce their debt load, Corus will likely do quite well. Don't sell it now.
Jamie Murray
Price
$2.450
Owned
Yes
TOP PICK
TOP PICK
June 4, 2020
TV, radio and some content. They took on too much debt a few years ago. It has been a deleveraging story. Shaw exited their stake and put a lot of shares into the market, yet one of their management has remained an inside buyer. They are reducing debt and put their dividend on hold for June. It is cheap on pretty much every metric they look at. (Analysts’ price target is $4.87)
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TV, radio and some content. They took on too much debt a few years ago. It has been a deleveraging story. Shaw exited their stake and put a lot of shares into the market, yet one of their management has remained an inside buyer. They are reducing debt and put their dividend on hold for June. It is cheap on pretty much every metric they look at. (Analysts’ price target is $4.87)
Jason Mann
Price
$3.760
Owned
Yes
COMMENT
COMMENT
November 13, 2019
They're turning the corner. They didn't make a fresh low recently, so a good sign. Value investors will return to this after tax-loss selling.
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They're turning the corner. They didn't make a fresh low recently, so a good sign. Value investors will return to this after tax-loss selling.
Brian Madden
Price
$5.520
Owned
Unknown
PAST TOP PICK
PAST TOP PICK
November 12, 2019
(A Top Pick Apr 15/19, Down 24%) Sold it. He was convinced print media would come back and it didn't. It was a mistake.
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(A Top Pick Apr 15/19, Down 24%) Sold it. He was convinced print media would come back and it didn't. It was a mistake.
TOP PICK
TOP PICK
October 8, 2019
Advertisers are roaring back after they realize that they still need TV exposure. Corus sold off hard after Shaw sold its stake, but that was down to CRTC rules. Corus trades at a cheap 20% free cash flow yield. He expects good numbers from Friday's earnings report. (Analysts’ price target is $8.32)
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Advertisers are roaring back after they realize that they still need TV exposure. Corus sold off hard after Shaw sold its stake, but that was down to CRTC rules. Corus trades at a cheap 20% free cash flow yield. He expects good numbers from Friday's earnings report. (Analysts’ price target is $8.32)
Jamie Murray
Price
$5.240
Owned
Yes
DON'T BUY
DON'T BUY
July 15, 2019

Dividend is nearly 10% (actually around 45), which is a warning sign. He watches a lot less TV and doesn't listen to traditional radio, which are Corus' businesses. He's skeptical of this business.

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Dividend is nearly 10% (actually around 45), which is a warning sign. He watches a lot less TV and doesn't listen to traditional radio, which are Corus' businesses. He's skeptical of this business.

BUY WEAKNESS
BUY WEAKNESS
July 12, 2019
He looked very hard at it when Shaw sold the block at $6.80. He expected a clean-up trade with Shaw at $6.25, but he still passed. Under $6 has a lot of value. Their radio business was declining and now very small. So, you're buying a TV business with some growth at 5.5x EV to EBITDA vs. comparables at 7-8x. This is at least a trade to the $6.80 level. TV growth is positive but only 3-4%.
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He looked very hard at it when Shaw sold the block at $6.80. He expected a clean-up trade with Shaw at $6.25, but he still passed. Under $6 has a lot of value. Their radio business was declining and now very small. So, you're buying a TV business with some growth at 5.5x EV to EBITDA vs. comparables at 7-8x. This is at least a trade to the $6.80 level. TV growth is positive but only 3-4%.
BUY
BUY
July 5, 2019
Has exceeded its 50-day average. Good for an RRSP? Short-term it just had a breakout to $8 and it wants to go higher to $9.75 as its next resistance. It's had a reverse head-and-shoulders since early-2018. If it hits $10, it could chug higher. Good support at $8.
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Has exceeded its 50-day average. Good for an RRSP? Short-term it just had a breakout to $8 and it wants to go higher to $9.75 as its next resistance. It's had a reverse head-and-shoulders since early-2018. If it hits $10, it could chug higher. Good support at $8.
Showing 1 to 15 of 190 entries

Corus Entertainment (B)(CJR.B-T) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 3

Neutral - Hold Signals / Votes : 1

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 5

Stockchase rating for Corus Entertainment (B) is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Corus Entertainment (B)(CJR.B-T) Frequently Asked Questions

What is Corus Entertainment (B) stock symbol?

Corus Entertainment (B) is a Canadian stock, trading under the symbol CJR.B-T on the Toronto Stock Exchange (CJR.B-CT). It is usually referred to as TSX:CJR.B or CJR.B-T

Is Corus Entertainment (B) a buy or a sell?

In the last year, 5 stock analysts published opinions about CJR.B-T. 3 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is DON'T BUY. Read the latest stock experts' ratings for Corus Entertainment (B).

Is Corus Entertainment (B) a good investment or a top pick?

Corus Entertainment (B) was recommended as a Top Pick by John Zechner on 2021-04-19. Read the latest stock experts ratings for Corus Entertainment (B).

Why is Corus Entertainment (B) stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Corus Entertainment (B) worth watching?

5 stock analysts on Stockchase covered Corus Entertainment (B) In the last year. It is a trending stock that is worth watching.

What is Corus Entertainment (B) stock price?

On 2021-04-23, Corus Entertainment (B) (CJR.B-T) stock closed at a price of $6.