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Corus Entertainment Inc T.CJR.B

Alternate Symbol(s):  CJREF

Corus Entertainment Inc. is a Canada-based media and content company that develops and delivers brands and content across platforms for audiences around the world. The Company's segments include Television and Radio. Its portfolio of multimedia offerings encompasses approximately 32 specialty television services, 37 radio stations, 15 conventional television stations, digital and streaming platforms, and social digital agency and media services. Its brands include Global Television, W Network, Flavour Network and Home Network (launching soon), The HISTORY Channel, Showcase, Adult Swim, National Geographic and Global News, along with streaming platforms STACKTV, TELETOON+, the Global TV App and Curiouscast. It is also the domestic advertising representative and an original content partner for Pluto TV, a Paramount Company, which is the free ad-supported streaming television service. It is an international content creator, producer and distributor through Corus Studios and Nelvana.


TSX:CJR.B - Post by User

Comment by sergio2goon Sep 20, 2022 10:47am
268 Views
Post# 34973675

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:What the devil is going on?

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:What the devil is going on?To ratsnake220. In my book, a hold is a hold ...not a sale. As for that 75% analyst's ratio and their view of the value of the stock, they established the price range between $ 3.25 and $5.00. I didn't pretend for an increase of the share price, at least not in a near future. I just mentioned that until then, we can enjoy a juicy dividend yield. Take also a look at the balance sheet and you will notice that the payout ratio is very good and we can expect the dividend to remain has it is. This stock have a good cash position and the debt ratio is very manageable. The board reduced the debt and bought back some stocks and intend to so so in the future.At this point, the market priced in the latest news but in no way we can qualify this stock has being in trouble. IMHO 
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