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Charter Communications Stock Price, Forecast & Analysis (NASDAQ:CHTR)

$474.65
-4.43 (-0.92 %)
(As of 11/22/2019 08:00 AM ET)
Today's Range
$474.22
Now: $474.65
$479.95
50-Day Range
$411.74
MA: $453.04
$480.28
52-Week Range
$272.91
Now: $474.65
$485.99
Volume674,100 shs
Average Volume1.10 million shs
Market Capitalization$101.95 billion
P/E Ratio90.93
Dividend YieldN/A
Beta1.23
Charter Communications, Inc, through its subsidiaries, provides cable services to residential and commercial customers in the United States. It offers subscription-based video services, including video on demand, high definition television, digital video recorder, pay-per-view, and spectrum mobile and spectrum guide services, as well as ad-supported free online video products. Read More…

Industry, Sector and Symbol

Industry Cable & other pay television services
Sub-IndustryCable & Satellite
SectorConsumer Discretionary
Current SymbolNASDAQ:CHTR
CUSIP16117M30
Phone203-905-7801

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$43.63 billion
Cash Flow$50.76 per share
Book Value$188.67 per share

Profitability

Net Income$1.23 billion

Miscellaneous

Employees98,000
Market Cap$101.95 billion
Next Earnings Date1/30/2020 (Estimated)
OptionableOptionable

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Charter Communications (NASDAQ:CHTR) Frequently Asked Questions

What is Charter Communications' stock symbol?

Charter Communications trades on the NASDAQ under the ticker symbol "CHTR."

How were Charter Communications' earnings last quarter?

Charter Communications Inc (NASDAQ:CHTR) posted its earnings results on Friday, October, 25th. The company reported $1.74 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.66 by $0.08. The company had revenue of $11.45 billion for the quarter, compared to analyst estimates of $11.42 billion. Charter Communications had a return on equity of 2.91% and a net margin of 2.76%. The firm's quarterly revenue was up 5.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.11 earnings per share. View Charter Communications' Earnings History.

When is Charter Communications' next earnings date?

Charter Communications is scheduled to release their next quarterly earnings announcement on Thursday, January 30th 2020. View Earnings Estimates for Charter Communications.

What price target have analysts set for CHTR?

21 brokers have issued twelve-month price objectives for Charter Communications' shares. Their forecasts range from $338.00 to $600.00. On average, they anticipate Charter Communications' share price to reach $471.05 in the next twelve months. This suggests that the stock has a possible downside of 0.8%. View Analyst Price Targets for Charter Communications.

What is the consensus analysts' recommendation for Charter Communications?

21 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Charter Communications in the last year. There are currently 1 sell rating, 8 hold ratings, 11 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Charter Communications.

What are Wall Street analysts saying about Charter Communications stock?

Here are some recent quotes from research analysts about Charter Communications stock:
  • 1. Rosenblatt Securities analysts commented, "We remain bullish the CHTR’s ability to take broadband market share, which, along with cost cutting, should drive margin expansion and EBITDA growth, fueling a levered equity shrink leading to FCF per share growing 25% p.a. through ‘24E. Our DCF driven $480 price target is unchanged and implies a 15x forward multiple on fully taxed FCF a year from now." (7/29/2019)
  • 2. Pivotal Research analysts commented, "We don’t view the CHTR investment thesis as rocket science. We see healthy operational upside driven by much higher margin Data gains (70%+ EBITDA margins) that will overwhelm slowing PayTV (~15-20% EBITDA margins) + the benefits of the sizeable plant investments + changes to packages/promotions, should drive high single digit EBITDA CAGR through ’24 (boosted by waning wireless losses in ’20 and a likely huge year for high margin political advertising) + positive effects of what we expect will be massive accelerations in share repurchase activity. In the end, the cable thesis remains about leveraging best in class data plant to take share/price and the recent moves to 1 gig across their footprint is just the start of a cost-effective move to offer 10+gig bi-directional, which should only strengthen CHTR’s market position and their ability to take share and price." (7/26/2019)
  • 3. According to Zacks Investment Research, "Charter’s residential and commercial Internet and voice customer growth continues to drive top-line. The company doubled minimum Internet speed to 200 Mbps in a number of markets for new and existing Spectrum Internet customers at no extra cost. Moreover, Charter’s Spectrum Internet Gig service, which uses DOCSIS 3.1 technology, is available across its entire footprint. These factors are expected to further boost subscriber growth, which is positive. Further, Charter’s All Digital initiative, which will help the company offer advanced products and services and enhance video picture quality is now complete across its entire residential and business footprint. However, higher interest expense hurt profitability. Moreover, the company continues to struggle in a saturated and competitive multi-channel U.S. video market." (3/6/2019)

Has Charter Communications been receiving favorable news coverage?

News coverage about CHTR stock has trended negative recently, according to InfoTrie. The research group identifies positive and negative media coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Charter Communications earned a news impact score of -2.5 on InfoTrie's scale. They also assigned press coverage about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the near term. View News Stories for Charter Communications.

Are investors shorting Charter Communications?

Charter Communications saw a decrease in short interest during the month of October. As of October 31st, there was short interest totalling 9,540,000 shares, a decrease of 7.4% from the September 30th total of 10,300,000 shares. Based on an average daily volume of 1,150,000 shares, the short-interest ratio is currently 8.3 days. Currently, 6.1% of the company's shares are sold short. View Charter Communications' Current Options Chain.

Who are some of Charter Communications' key competitors?

What other stocks do shareholders of Charter Communications own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Charter Communications investors own include NVIDIA (NVDA), Netflix (NFLX), Tesla (TSLA), Alibaba Group (BABA), Boeing (BA), AT&T (T), Home Depot (HD), Intel (INTC), Micron Technology (MU) and Adobe (ADBE).

Who are Charter Communications' key executives?

Charter Communications' management team includes the folowing people:
  • Mr. Thomas M. Rutledge, Chairman & CEO (Age 65)
  • Mr. John Bickham, Pres & COO (Age 69)
  • Mr. Christopher L. Winfrey, Exec. VP & CFO (Age 43)
  • Mr. Kevin D. Howard, Sr. VP of Fin., Controller & Chief Accounting Officer (Age 49)
  • Mr. David G. Ellen, Sr. Exec. VP (Age 54)

Who are Charter Communications' major shareholders?

Charter Communications' stock is owned by a variety of of retail and institutional investors. Top institutional investors include Veritas Asset Management LLP (1.47%), Massachusetts Financial Services Co. MA (0.48%), Sumitomo Mitsui Trust Holdings Inc. (0.29%), Robeco Institutional Asset Management B.V. (0.24%), Diamond Hill Capital Management Inc. (0.23%) and California Public Employees Retirement System (0.17%). Company insiders that own Charter Communications stock include Craig A Jacobson, David C Merritt, John Bickham, John D Markley, Jr, Jonathan Hargis, Kevin D Howard, Lance Conn and Richard R Dykhouse. View Institutional Ownership Trends for Charter Communications.

Which major investors are selling Charter Communications stock?

CHTR stock was sold by a variety of institutional investors in the last quarter, including DNB Asset Management AS, Russell Investments Group Ltd., Mackay Shields LLC, Robeco Institutional Asset Management B.V., SG Americas Securities LLC, Coronation Fund Managers Ltd., Retirement Systems of Alabama and Diamond Hill Capital Management Inc.. Company insiders that have sold Charter Communications company stock in the last year include Craig A Jacobson, David C Merritt, John Bickham, John D Markley, Jr, Jonathan Hargis, Kevin D Howard, Lance Conn and Richard R Dykhouse. View Insider Buying and Selling for Charter Communications.

Which major investors are buying Charter Communications stock?

CHTR stock was acquired by a variety of institutional investors in the last quarter, including Cryder Capital Partners LLP, Bristol John W & Co. Inc. NY, Massachusetts Financial Services Co. MA, State of New Jersey Common Pension Fund D, Ardevora Asset Management LLP, Teacher Retirement System of Texas, Douglass Winthrop Advisors LLC and California Public Employees Retirement System. View Insider Buying and Selling for Charter Communications.

How do I buy shares of Charter Communications?

Shares of CHTR can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

What is Charter Communications' stock price today?

One share of CHTR stock can currently be purchased for approximately $474.65.

How big of a company is Charter Communications?

Charter Communications has a market capitalization of $101.95 billion and generates $43.63 billion in revenue each year. The company earns $1.23 billion in net income (profit) each year or $5.22 on an earnings per share basis. Charter Communications employs 98,000 workers across the globe.View Additional Information About Charter Communications.

What is Charter Communications' official website?

The official website for Charter Communications is http://www.charter.com/.

How can I contact Charter Communications?

Charter Communications' mailing address is 400 Atlantic Street, Stamford CT, 06901. The company can be reached via phone at 203-905-7801 or via email at [email protected]


MarketBeat Community Rating for Charter Communications (NASDAQ CHTR)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  614 (Vote Outperform)
Underperform Votes:  568 (Vote Underperform)
Total Votes:  1,182
MarketBeat's community ratings are surveys of what our community members think about Charter Communications and other stocks. Vote "Outperform" if you believe CHTR will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CHTR will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 11/22/2019 by MarketBeat.com Staff

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