Corus Entertainment Advances Recapitalization Efforts with Interim Court Approval

The latest update is out from Corus Entertainment ( ($TSE:CJR.B) ).

Corus Entertainment has received an interim order from the Ontario Superior Court in relation to its recapitalization transaction under the Canada Business Corporations Act. The approval process involves meetings with senior noteholders and shareholders in January 2026, aiming to finalize and approve the statutory plan of arrangement, with implications for streamlining the company’s financial framework and operational structure.

The most recent analyst rating on ($TSE:CJR.B) stock is a Hold with a C$0.15 price target. To see the full list of analyst forecasts on Corus Entertainment stock, see the TSE:CJR.B Stock Forecast page.

Spark’s Take on TSE:CJR.B Stock

According to Spark, TipRanks’ AI Analyst, TSE:CJR.B is a Neutral.

Corus Entertainment’s overall stock score is primarily impacted by its weak financial performance, characterized by declining revenue, negative equity, and profitability challenges. The technical analysis indicates a bearish trend, further weighing on the score. Valuation concerns, highlighted by a negative P/E ratio and lack of dividend yield, also contribute to the low score. Despite some positive aspects in digital growth and cost management, the overall outlook remains cautious.

To see Spark’s full report on TSE:CJR.B stock, click here.

More about Corus Entertainment

Corus Entertainment is a Canadian media and content company focused on providing television, radio, and digital content. It operates across various platforms with a diverse portfolio of media assets for both entertainment and information, catering to Canadian audiences.

Average Trading Volume: 480,120

Technical Sentiment Signal: Strong Sell

Current Market Cap: C$6.98M

Find detailed analytics on CJR.B stock on TipRanks’ Stock Analysis page.