Corus Entertainment (TSE:CJR.B)
TSX:CJR.B
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Corus Entertainment
(TSX:CJR.B)
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Rating:41Neutral
Price Target:
C$0.03
▼(-27.50% Downside)
Action:ReiteratedDate:03/10/26
The score is primarily weighed down by weak financial performance—declining revenue, large losses, negative equity, and recently negative operating/free cash flow. Technicals add only limited support with short-term stabilization but a broader downtrend and weak momentum. Valuation provides little offset because losses make P/E unreliable and no dividend yield is available.
Positive Factors
Diversified revenue streams
Corus monetizes via advertising, affiliate/distribution fees and content licensing. This multi‑channel revenue mix provides structural resilience: weakness in one channel (e.g., ad cycles) can be partly offset by carriage fees and content licensing, supporting steadier medium‑term cash generation.
Negative Factors
Weak capital structure
Negative equity and sizable debt materially constrain financial flexibility. With equity below zero and leverage high versus assets, the company faces greater refinancing, covenant and strategic risk, limiting its ability to invest or pursue acquisitions without dilutive or costly financing.
Read all positive and negative factors
Positive Factors
Negative Factors
Diversified revenue streams
Corus monetizes via advertising, affiliate/distribution fees and content licensing. This multi‑channel revenue mix provides structural resilience: weakness in one channel (e.g., ad cycles) can be partly offset by carriage fees and content licensing, supporting steadier medium‑term cash generation.
Read all positive factors
Corus Entertainment (CJR.B) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$5.98M
Dividend YieldN/A
Average Volume (3M)183.02K
Price to Earnings (P/E)―
Beta (1Y)1.53
Revenue Growth-11.27%
EPS Growth57.50%
CountryCA
Employees2,610
SectorCommunication Services
Sector Strength97
IndustryEntertainment
Share Statistics
EPS (TTM)-0.01
Shares Outstanding196,075,160
10 Day Avg. Volume285,596
30 Day Avg. Volume183,018
Financial Highlights & Ratios
PEG Ratio<0.01
Price to Book (P/B)-0.03
Price to Sales (P/S)0.02
P/FCF Ratio-0.57
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$0.01Price Target Upside-75.00% Downside
Rating ConsensusModerate Sell
Number of Analyst Covering1
EPS Forecast (FY)-0.16
Revenue Forecast (FY)C$982.51M
Corus Entertainment Business Overview & Revenue Model
Company Description
Corus Entertainment Inc., a media and content company, operates specialty and conventional television networks, and radio stations in Canada and internationally. It operates in two segments, Television and Radio. The Television segment operates 33...
How the Company Makes Money
Corus primarily makes money by monetizing its television networks and content library through a mix of advertising and subscriber-related distribution revenue. A major revenue stream is advertising sales: Corus sells commercial inventory across it...
Corus Entertainment Earnings Call Summary
Earnings Call Date:Jun 26, 2025
(Q3-2025)
| % Change Since: |
Next Earnings Date:Apr 10, 2026
Earnings Call Sentiment Neutral
The earnings call reflected a mixed performance with significant achievements in digital growth and cost management, but faced considerable challenges in revenue and advertising market pressures. While there were strategic initiatives and successes in specific areas, the financial and market challenges present a cautious outlook.Positive Updates
Global TV Performance
Global TV was #1 in core prime time for fall 2024 and spring 2025 in the adults 18-plus demo. Global News viewing is up 4% year-over-year in spring 2025 and 6% for the year-to-date.
Negative Updates
Decline in Consolidated Revenue
Consolidated revenue decreased to $298 million, a 10% decrease from the prior year, mainly due to a 15% decline in TV advertising revenue.
Read all updates
Q3-2025 Updates
Positive
Negative
Global TV Performance
Global TV was #1 in core prime time for fall 2024 and spring 2025 in the adults 18-plus demo. Global News viewing is up 4% year-over-year in spring 2025 and 6% for the year-to-date.
Read all positive updates
Company Guidance
During the Corus Entertainment Q3 2025 Analyst and Investor Conference Call, CEO John Gossling provided several key metrics and updates about the company's performance and strategic initiatives. Despite challenging advertising conditions, the company reported consolidated revenue of $298 million, a 10% decrease from the prior year, and a consolidated segment profit of $62 million. TV segment revenue was $275 million, down 11%, while radio segment revenue was $23 million, showing a slight 1% decrease. The company achieved total general and administrative expense reductions of $10 million or 9%, and TV employee costs decreased by 10%. The company also had a free cash flow of negative $33 million, primarily due to lower segment profit and higher restructuring costs. Corus' streaming portfolio saw a year-over-year increase in average streamed hours by 7% during the winter-spring season. The company also announced significant content and programming updates, including the launch of new shows and returning hits for the upcoming broadcast year, reaching over 31 million Canadians monthly. Looking ahead, Corus expects a year-over-year decline in TV advertising revenue for Q4 of fiscal 2025 to be around 20% and continues to implement cost reduction initiatives to offset lower expected revenues.Corus Entertainment Financial Statement Overview
Summary
Income Statement
22
Negative
Balance Sheet
12
Very Negative
Cash Flow
28
Negative
| Breakdown | TTM | Aug 2025 | Aug 2024 | Aug 2023 | Aug 2022 | Aug 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.07B | 1.13B | 1.27B | 1.51B | 1.60B | 1.54B |
| Gross Profit | 456.55M | 500.63M | 740.50M | 839.33M | 971.36M | 1.00B |
| EBITDA | 332.17M | 374.06M | -236.59M | 401.30M | 655.86M | 1.03B |
| Net Income | -351.42M | -328.40M | -772.64M | -428.72M | -232.24M | 172.55M |
Balance Sheet | ||||||
| Total Assets | 1.37B | 1.27B | 1.49B | 2.75B | 3.50B | 3.86B |
| Cash, Cash Equivalents and Short-Term Investments | 45.22M | 59.55M | 82.42M | 56.16M | 54.91M | 43.69M |
| Total Debt | 1.14B | 1.20B | 1.17B | 1.22B | 1.40B | 1.49B |
| Total Liabilities | 2.04B | 1.93B | 1.83B | 2.29B | 2.60B | 2.64B |
| Stockholders Equity | -710.20M | -706.56M | -465.40M | 317.75M | 752.04M | 1.07B |
Cash Flow | ||||||
| Free Cash Flow | -64.34M | -31.58M | 111.53M | 106.03M | 194.62M | 244.65M |
| Operating Cash Flow | -47.54M | -14.91M | 130.66M | 122.67M | 216.84M | 274.49M |
| Investing Cash Flow | -17.71M | -8.24M | -29.55M | 125.27M | 25.17M | -29.53M |
| Financing Cash Flow | 22.87M | 288.00K | -73.64M | -246.69M | -230.78M | -247.18M |
Corus Entertainment Technical Analysis
Positive
0.04
Price Trends
0.03
Positive
0.04
Negative
0.06
Negative
Market Momentum
>-0.01
Negative
53.69
Neutral
33.33
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:CJR.B, the sentiment is Positive. The current price of 0.04 is above the 20-day moving average (MA) of 0.03, above the 50-day MA of 0.03, and below the 200-day MA of 0.06, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 53.69 is Neutral, neither overbought nor oversold. The STOCH value of 33.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:CJR.B.
Corus Entertainment Peers Comparison
UnderperformOutperform
Sector (60)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
73 Outperform | C$52.28M | 1.55 | 4.54% | ― | -6.56% | 46.49% | |
72 Outperform | C$172.53M | 8.29 | 23.61% | 8.77% | -7.80% | -58.83% | |
60 Neutral | $48.67B | 4.58 | -11.27% | 4.14% | 2.83% | -41.78% | |
49 Neutral | C$673.50M | 453.21 | ― | ― | 18.50% | 31.15% | |
41 Neutral | C$5.98M | -0.16 | ― | ― | -11.27% | 57.50% |
* Communication Services Sector Average
TSE:CJR.B
Corus Entertainment
0.04
-0.08
-69.57%
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Corus Entertainment Corporate Events
Business Operations and StrategyLegal ProceedingsPrivate Placements and Financing
Corus Wins Court Order to Advance $500 Million Debt-Reduction Plan
Positive
Mar 24, 2026
Corus Entertainment has secured an order from the Ontario Superior Court of Justice to advance its proposed recapitalization transaction under the Canada Business Corporations Act. The company continues to operate normally while it works to obtain...
Business Operations and StrategyPrivate Placements and Financing
Corus Secures Covenant Waivers to Maintain Liquidity During Recapitalization
Positive
Mar 3, 2026
Corus Entertainment, a major Canadian media and content provider with a broad portfolio of television, radio and streaming assets, continues to focus on distributing high-quality brands and programming across multiple platforms for global audience...
Business Operations and StrategyShareholder Meetings
Corus Shareholders Overwhelmingly Back Board and Stock Option Plan at AGM
Positive
Feb 27, 2026
Corus Entertainment shareholders strongly backed the company’s slate of seven directors at its virtual annual general meeting held on February 26, 2026. Approximately 97.35% of Class A voting shares were represented, and each director nomine...
Business Operations and StrategyPrivate Placements and FinancingShareholder Meetings
Corus Wins Strong Creditor Backing for Recapitalization Despite Class B Shareholder Shortfall
Positive
Jan 30, 2026
Corus Entertainment has reported the voting results on its proposed recapitalization transaction, a plan of arrangement aimed at reducing its third-party debt and other liabilities by more than $500 million and cutting annual cash interest payment...
Business Operations and StrategyFinancial Disclosures
Corus Entertainment Posts Lower Q1 Results, Advances Major Recapitalization Plan
Negative
Jan 14, 2026
Corus Entertainment reported an 18% year-over-year decline in consolidated revenue to $267.6 million for its fiscal 2026 first quarter, driven by a 19% drop in television revenue and softer advertising and subscriber income, while radio revenue fe...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.