Buy, Sell or Hold: Corus Entertainment (B) (CJR.B-T)

Home Daily Stock Opinions and Ratings Corus Entertainment (B) (CJR.B-T)

TSE:CJR.B

1.31

0.00 (0.00%) 1d

TRADE

Balance sheet's come down in 3 steps. After the first 2 steps, the stock doubled, but it was short term and you had to be quick. No guarantees it will happen again a third time. Yesterday's dividend cut may cause a quick pop in the stock.

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DON'T BUY

Not a good chart at the moment.
Would hesitate buying.
Better names out there.

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DON'T BUY

It won't rebound. Was one of his worst past picks. He expected strength in women's and children's programming to carry it, but then they bought the Global TV network--a disaster. They slashed their dividend; ads have migrated away from traditional TV.

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HOLD

The dividend is not coming back and they should be putting money into growth. The valuation is OK so can hold for the long term. But there others in the sector that he prefers.

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This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK

(A Top Pick Aug 10/21, Down 23.8%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with CJR.B has triggered its stop at $4.50. To remain disciplined, we recommend covering the position at this time. We will look for better opportunities.

entertainment services

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK

Stockchase Research Editor: Michael O'Reilly CJR is trading at good value at 6x earnings compared to peers at 18x and is trading just 1.2x book value. It has a good dividend, backed by a payout ratio estimated at 27% of cash flow. We would buy this with a stop loss at $4.50, looking to achieve $7.85 -- upside potential over 31%. Yield 4.06% (Analysts’ price target is $7.84)

entertainment services

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK

(A Top Pick Feb 02/21, Up 15.2%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with CJR.B has triggered its stop at $5.75. We recommend covering the position at this time. This will result in an investment return exceeding 15%.

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DON'T BUY

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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PARTIAL BUY

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.

entertainment services

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK

(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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COMMENT

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.

entertainment services

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK

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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PAST TOP PICK

(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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COMMENT

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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HOLD

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.

entertainment services

Showing 1 to 15 of 197 entries

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

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 2

Total Signals / Votes : 2

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, 2 stock analysts published opinions about CJR.B-T. 0 analysts recommended to BUY the stock. 2 analysts recommended to SELL the stock. The latest stock analyst recommendation is . 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 on . 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?

2 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 2023-05-26, Corus Entertainment (B) (CJR.B-T) stock closed at a price of $1.31.

Trending stocks today

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

TSE:CJR.B

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

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

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

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

This is a Panic-proof Portfolio opinion which is available only for Premium members

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

This is a Panic-proof Portfolio opinion which is available only for Premium members

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

This is a Panic-proof Portfolio opinion which is available only for Premium members

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

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

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

This is a Panic-proof Portfolio opinion which is available only for Premium members

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

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

This is a Panic-proof Portfolio opinion which is available only for Premium members

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

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

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

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

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

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

What is Corus Entertainment (B) stock symbol?

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

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

Why is Corus Entertainment (B) stock dropping?

Is Corus Entertainment (B) worth watching?

What is Corus Entertainment (B) stock price?

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