NASDAQ:CHTR

Charter Communications - CHTR Stock Forecast, Price & News

$374.31

-0.58 (-0.15%)

(As of 12/8/2022 12:00 AM ET)

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Today's Range: $371.04
▼
$379.80
50-Day Range: $303.35
▼
$394.40
52-Week Range: $297.66
▼
$669.86

Volume: 814,390 shs
Average Volume: 1.11 million shs
Market Capitalization: $58.27 billion

P/E Ratio: 11.69
Dividend Yield: N/A
Price Target: $512.35

Charter Communications MarketRank™ Forecast

Analyst Rating: Hold
2.35 Rating Score
Upside/Downside: 36.9% Upside
$512.35 Price Target
Short Interest: Healthy
7.73% of Float Sold Short
Dividend Strength: N/A
Sustainability: -0.97
Upright™ Environmental Score
News Sentiment: 1.16
Based on 7 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 9.89%
From $31.56 to $34.68 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.97 out of 5 stars

Consumer Discretionary Sector

13th out of 268 stocks

Cable & Other Pay Television Services Industry

2nd out of 19 stocks

4.2

Analyst's Opinion

Consensus Rating
Charter Communications has received a consensus rating of Hold. The company's average rating score is 2.35, and is based on 10 buy ratings, 11 hold ratings, and 2 sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $512.35, Charter Communications has a forecasted upside of 36.9% from its current price of $374.31.
Amount of Analyst Coverage
Charter Communications has been the subject of 13 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

3.0

Short Interest

Percentage of Shares Shorted
7.73% of the float of Charter Communications has been sold short.
Short Interest Ratio / Days to Cover
Charter Communications has a short interest ratio ("days to cover") of 5.7.
Change versus previous month
Short interest in Charter Communications has recently decreased by 6.02%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
Charter Communications does not currently pay a dividend.
Dividend Growth
Charter Communications does not have a long track record of dividend growth.

3.4

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Charter Communications has received a 38.77% net impact score from Upright. Charter Communications seems to create the most significant positive value in categories "Taxes", "Knowledge infrastructure", and "Relationships". The positive contribution in the "Knowledge infrastructure" impact category is false driven by its "Consumer internet network provision", "Telephony provision", and "Television broadcasting" products. See details.
Environmental Sustainability
The Environmental Impact score for Charter Communications is -0.97.

2.9

News and Social Media Coverage

News Sentiment
Charter Communications has a news sentiment score of 1.16. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.47 average news sentiment score of Consumer Discretionary companies.
News Coverage This Week
MarketBeat has tracked 7 news articles for Charter Communications this week, compared to 7 articles on an average week.
Search Interest
Only 22 people have searched for CHTR on MarketBeat in the last 30 days. This is a decrease of -27% compared to the previous 30 days.
MarketBeat Follows
10 people have added Charter Communications to their MarketBeat watchlist in the last 30 days. This is an increase of 233% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Charter Communications insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 1.96% of the stock of Charter Communications is held by insiders.
Percentage Held by Institutions
66.91% of the stock of Charter Communications is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.1

Earnings and Valuation

Earnings Growth
Earnings for Charter Communications are expected to grow by 9.89% in the coming year, from $31.56 to $34.68 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Charter Communications is 11.69, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 121.66.
Price to Earnings Ratio vs. Sector
The P/E ratio of Charter Communications is 11.69, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 10.83.
Price to Earnings Growth Ratio
Charter Communications has a PEG Ratio of 0.48. PEG Ratios below 1 indicate that a company could be undervalued.
Price to Book Value per Share Ratio
Charter Communications has a P/B Ratio of 3.56. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Charter Communications (NASDAQ:CHTR) Stock

Charter Communications, Inc. operates as a broadband connectivity and cable operator company serving residential and commercial customers in the United States. The company offers subscription-based video services, including video on demand, high-definition television, digital video recorder, pay-per-view services. It provides Internet services, such as security suite that protects computers from viruses and spyware, and threats from malicious actors; in-home WiFi, which provides customers with high performance wireless routers to enhance their in-home wireless Internet experience; out-of-home WiFi; and Spectrum WiFi services, as well as video services. The company also offers voice communications services using voice over Internet protocol technology; and broadband communications solutions, such as Internet access, data networking, fiber connectivity, video entertainment, and business telephone services to cellular towers and office buildings for business and carrier organizations. In addition, it provides mobile services; offers video programming, static IP and business WiFi, email and security, and multi-line telephone services, as well as Web-based service management; sells local advertising across various platforms for networks, such as TBS, CNN, and ESPN; sells advertising inventory to local sports and news channels; and offers Audience App for optimizes linear inventory. Further, the company offers communications products and managed service solutions; data connectivity services to mobile and wireline carriers on a wholesale basis; and owns and operates regional sports and news networks. It serves approximately 32 million customers in 41 states. The company was founded in 1993 and is headquartered in Stamford, Connecticut.

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CHTR Stock News Headlines

December 9, 2022 | americanbankingnews.com

Analysts Set Charter Communications, Inc. (NASDAQ:CHTR) Target Price at $512.21

December 8, 2022 | finance.yahoo.com

Earnings growth of 44% over 1 year hasn't been enough to translate into positive returns for Charter Communications (NASDAQ:CHTR) shareholders

December 7, 2022 | thestreet.com

Comcast Customers Are Not Going to Like This

December 6, 2022 | finance.yahoo.com

3 Stocks to Watch From the Challenging Cable Television Industry

December 4, 2022 | finance.yahoo.com

Sentiment Still Eluding Charter Communications, Inc. (NASDAQ:CHTR)

December 2, 2022 | finance.yahoo.com

WorkLLama Congratulates Winner Spectrum on Esteemed TIARA Talent Acquisition Awards for Candidate Experience

November 30, 2022 | seekingalpha.com

Charter Communications: Economic Moat Will Soon Propel The Stock Price

November 30, 2022 | finance.yahoo.com

Bullish Charter Communications, Inc. (NASDAQ:CHTR) insiders filled their treasuries with US$12m worth of stock over last year

November 30, 2022 | finance.yahoo.com

Weitz Investment: “Charter (CHTR) is Not Sitting Still”

November 29, 2022 | markets.businessinsider.com

Charter to Host Virtual Investor Meeting

November 26, 2022 | finance.yahoo.com

Despite delivering investors losses of 42% over the past 1 year, Charter Communications (NASDAQ:CHTR) has been growing its earnings

November 22, 2022 | finance.yahoo.com

Insiders probably made the right decision selling US$62m worth of shares earlier this year as Charter Communications, Inc.'s (NASDAQ:CHTR)) stock dips by 4.9%.

November 20, 2022 | nasdaq.com

These 2 Stocks Are Ripe for the Age of Cord-Cutting

November 18, 2022 | finance.yahoo.com

The past year for Charter Communications (NASDAQ:CHTR) investors has not been profitable

November 17, 2022 | benzinga.com

Charter Communications Board Member Trades Company's Stock

November 15, 2022 | finance.yahoo.com

Michael Burry is Betting Everything on These 6 Stocks

November 14, 2022 | finance.yahoo.com

Insiders who sold US$62m worth of Charter Communications, Inc. (NASDAQ:CHTR) stock last year were handsomely rewarded

November 14, 2022 | finance.yahoo.com

Charter Communications Teams Up with RingCentral to Transform the Communications Experience for Businesses of All Sizes

November 12, 2022 | msn.com

This telecommunications stock carries a ‘high-conviction’ signal

November 10, 2022 | finance.yahoo.com

SPECTRUM PARTNERS WITH OVATION TV TO SUPPORT RENO'S NOTE-ABLE MUSIC THERAPY SERVICES WITH $10,000 STAND FOR THE ARTS AWARD

November 9, 2022 | finance.yahoo.com

10 Undervalued Stocks to Buy According to Billionaire Paul Tudor Jones

November 7, 2022 | finance.yahoo.com

Is Charter Communications Playing a Dangerous Game?

November 6, 2022 | finance.yahoo.com

Charter Communications (NASDAQ:CHTR) Shareholders Will Want The ROCE Trajectory To Continue

November 4, 2022 | benzinga.com

Charter Communications Board Member Makes $10.17M Stock Purchase

November 3, 2022 | benzinga.com

Charter Communications's Return On Capital Employed Insights

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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CHTR Company Calendar

Last Earnings: 10/28/2022
Today: 12/08/2022
Fiscal Year End: 12/31/2022
Next Earnings (Estimated): 1/27/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Cable & other pay television services
Sub-Industry: Cable & Satellite
Sector: Consumer Discretionary
Current Symbol: NASDAQ:CHTR
CUSIP: 16117M30
CIK: 1091667
Web: www.charter.com
Phone: (203) 905-7801
Fax: 314-965-9745
Employees: 93,700
Year Founded: 1993

Price Target and Rating

Average Stock Price Forecast: $512.35
High Stock Price Forecast: $680.00
Low Stock Price Forecast: $273.00
Forecasted Upside/Downside: +36.9%
Consensus Rating: Hold
Rating Score (0-4): 2.35
Research Coverage: 23 Analysts

Profitability

EPS (Most Recent Fiscal Year): $32.01
Trailing P/E Ratio: 11.69
Forward P/E Ratio: 11.86
P/E Growth: 0.48
Net Income: $4.65 billion
Net Margins: 10.21%
Pretax Margin: 14.41%
Return on Equity: 36.48%
Return on Assets: 3.82%

Debt

Debt-to-Equity Ratio: 7.73
Current Ratio: 0.32
Quick Ratio: 0.32

Sales & Book Value

Annual Sales: $51.68 billion
Price / Sales: 1.13
Cash Flow: $80.84 per share
Price / Cash Flow: 4.63
Book Value: $105.11 per share
Price / Book: 3.56

Miscellaneous

Outstanding Shares: 155,670,000
Free Float: 152,621,000
Market Cap: $58.27 billion
Optionable: Optionable
Beta: 1.11

Social Links

Key Executives

Mr. Thomas M. Rutledge (Age 68)
Chairman & CEO
Comp: $11.8M

Mr. John R. Bickham (Age 72)
Vice Chairman
Comp: $7.42M

Ms. Jessica M. Fischer (Age 36)
Chief Financial Officer
Comp: $1.6M

Mr. Christopher L. Winfrey (Age 46)
Chief Operating Officer
Comp: $3.93M

Mr. Richard J. DiGeronimo (Age 44)
Chief Product & Technology Officer
Comp: $3.87M

Mr. David G. Ellen (Age 57)
Sr. Exec. VP
Comp: $4.11M

Mr. David Scott Weber (Age 66)
Special Advisor to the Pres & COO

Mr. Kevin D. Howard (Age 52)
Exec. VP, Chief Accounting Officer & Controller

Mr. Jay Carlson
Sr. VP of Information Technology & Chief Information Officer

Mr. Stefan Anninger
VP of Investor Relations

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

CHTR Stock - Frequently Asked Questions

Should I buy or sell Charter Communications stock right now?: 23 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Charter Communications in the last year. There are currently 2 sell ratings, 11 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" CHTR shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CHTR, but not buy additional shares or sell existing shares.
View CHTR analyst ratings or view top-rated stocks.
What is Charter Communications' stock price forecast for 2023?: 23 brokers have issued 12 month target prices for Charter Communications' stock. Their CHTR share price forecasts range from $273.00 to $680.00. On average, they anticipate the company's share price to reach $512.35 in the next twelve months. This suggests a possible upside of 36.9% from the stock's current price.
View analysts price targets for CHTR or view top-rated stocks among Wall Street analysts.
How have CHTR shares performed in 2022?: Charter Communications' stock was trading at $651.97 at the start of the year. Since then, CHTR shares have decreased by 42.6% and is now trading at $374.31.
View the best growth stocks for 2022 here.
When is Charter Communications' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Friday, January 27th 2023.
View our CHTR earnings forecast.
How were Charter Communications' earnings last quarter?: Charter Communications, Inc. (NASDAQ:CHTR) announced its quarterly earnings data on Friday, October, 28th. The company reported $7.38 EPS for the quarter, missing analysts' consensus estimates of $7.94 by $0.56. The company had revenue of $13.55 billion for the quarter, compared to analyst estimates of $13.67 billion. Charter Communications had a trailing twelve-month return on equity of 36.48% and a net margin of 10.21%. Charter Communications's revenue for the quarter was up 3.1% on a year-over-year basis. During the same period in the previous year, the business earned $6.50 earnings per share.
Read the conference call transcript.
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 Intel (INTC), NVIDIA (NVDA), Johnson & Johnson (JNJ), Cisco Systems (CSCO), Netflix (NFLX), Alibaba Group (BABA), Verizon Communications (VZ), Walmart (WMT), Home Depot (HD) and Walt Disney (DIS).

What is Charter Communications' stock symbol?: Charter Communications trades on the NASDAQ under the ticker symbol "CHTR."
Who are Charter Communications' major shareholders?: Charter Communications' stock is owned by many different institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (5.58%), BlackRock Inc. (4.96%), State Street Corp (3.42%), Massachusetts Financial Services Co. MA (2.95%), Veritas Asset Management LLP (1.63%) and Longview Partners Guernsey LTD (0.60%). Insiders that own company stock include Christopher L Winfrey, Craig A Jacobson, David C Merritt, David C Merritt, David Ellen, John Bickham, Jonathan Hargis, Kevin D Howard, Lance Conn, Richard R Dykhouse, Richard R Dykhouse, S P Iv Johnson and Thomas Rutledge.
View institutional ownership trends.
How do I buy shares of Charter Communications?: Shares of CHTR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Charter Communications' stock price today?: One share of CHTR stock can currently be purchased for approximately $374.31.
How much money does Charter Communications make?: Charter Communications (NASDAQ:CHTR) has a market capitalization of $58.27 billion and generates $51.68 billion in revenue each year. The company earns $4.65 billion in net income (profit) each year or $32.01 on an earnings per share basis.
How many employees does Charter Communications have?: The company employs 93,700 workers across the globe.
Does Charter Communications have any subsidiaries?: The following companies are subsidiares of Charter Communications: Bresnan Broadband Holdings LLC, Bresnan Broadband of Colorado LLC, Bresnan Broadband of Montana LLC, Bresnan Broadband of Utah LLC, Bresnan Broadband of Wyoming LLC, Bresnan Digital Services LLC, Bright House Networks, Bright House Networks Information Services Alabama LLC, Bright House Networks Information Services California LLLC, Bright House Networks Information Services Florida LLC, Bright House Networks Information Services Indiana LLC, Bright House Networks Information Services Michigan LLC, CC Fiberlink LLC, CC VI Fiberlink LLC, CC VII Fiberlink LLC, CCH Holding Company LLC, CCH I Holdings LLC, CCH II LLC, CCHC LLC, CCO Fiberlink LLC, CCO Holdings Capital Corp., CCO Holdings LLC, CCO NR Holdings LLC, Charter Advanced Services MO LLC, Charter Communications Holding Company LLC, Charter Communications Holdings LLC, Charter Communications Inc., Charter Communications LLC, Charter Communications Operating Capital Corp., Charter Communications Operating LLC, Charter Communications VI L.L.C., Charter Distribution LLC, Charter Fiberlink CA-CCO LLC, Charter Fiberlink CC VIII LLC, Charter Fiberlink CCO LLC, Charter Fiberlink CT-CCO LLC, Charter Fiberlink LA-CCO LLC, Charter Fiberlink MA-CCO LLC, Charter Fiberlink MS-CCVI LLC, Charter Fiberlink NC-CCO LLC, Charter Fiberlink NH-CCO LLC, Charter Fiberlink NV-CCVII LLC, Charter Fiberlink NY-CCO LLC, Charter Fiberlink OR-CCVII LLC, Charter Fiberlink SC-CCO LLC, Charter Fiberlink TX-CCO LLC, Charter Fiberlink VA-CCO LLC, Charter Fiberlink VT-CCO LLC, Charter Fiberlink WA-CCVII LLC, Charter Fiberlink – Alabama LLC, Charter Fiberlink – Georgia LLC, Charter Fiberlink – Illinois LLC, Charter Fiberlink – Maryland II LLC, Charter Fiberlink – Michigan LLC, Charter Fiberlink – Missouri LLC, Charter Fiberlink – Nebraska LLC, Charter Fiberlink – Tennessee LLC, Charter Gateway LLC, Charter Leasing Holding Company LLC, Charter Procurement Leasing LLC, Clearview Networks, DukeNet Communications LLC, Fanch Communications, Helicon Cable, Innovar Media LLC, Insight Blocker LLC, Marcus Cable Associates L.L.C., Renaissance Media LLC, SCI Aviation Inc., Spectrum Advanced Services LLC, Spectrum Captive Holdings LLC, Spectrum Communications Indemnity Inc., Spectrum Fiberlink Florida LLC, Spectrum Gulf Coast LLC, Spectrum Management Holding Company LLC, Spectrum Mid-America LLC, Spectrum Mobile Equipment LLC, Spectrum Mobile LLC, Spectrum NLP LLC, Spectrum New Jersey LLC, Spectrum New York Metro LLC, Spectrum Northeast LLC, Spectrum Oceanic LLC, Spectrum Originals Development LLC, Spectrum Originals LLC, Spectrum Pacific West LLC, Spectrum RSN LLC, Spectrum Reach LLC, Spectrum Security LLC, Spectrum Southeast LLC, Spectrum Stamford LLC, Spectrum Sunshine State LLC, Spectrum TV Essentials LLC, Spectrum Wireless Holdings LLC, SpectrumCo, TC Technology LLC, TWC Administration LLC, TWC Communications LLC, TWC Employee Disaster Relief Fund, TWC SEE Holdco LLC, TWCIS Holdco LLC, Time Warner Cable, Time Warner Cable Business LLC, Time Warner Cable Enterprises LLC, Time Warner Cable Information Services Alabama LLC, Time Warner Cable Information Services Arizona LLC, Time Warner Cable Information Services California LLC, Time Warner Cable Information Services Colorado LLC, Time Warner Cable Information Services Hawaii LLC, Time Warner Cable Information Services Idaho LLC, Time Warner Cable Information Services Illinois LLC, Time Warner Cable Information Services Indiana LLC, Time Warner Cable Information Services Kansas LLC, Time Warner Cable Information Services Kentucky LLC, Time Warner Cable Information Services Maine LLC, Time Warner Cable Information Services Massachusetts LLC, Time Warner Cable Information Services Michigan LLC, Time Warner Cable Information Services Missouri LLC, Time Warner Cable Information Services Nebraska LLC, Time Warner Cable Information Services New Hampshire LLC, Time Warner Cable Information Services New Jersey LLC, Time Warner Cable Information Services New Mexico LLC, Time Warner Cable Information Services New York LLC, Time Warner Cable Information Services North Carolina LLC, Time Warner Cable Information Services Ohio LLC, Time Warner Cable Information Services Pennsylvania LLC, Time Warner Cable Information Services South Carolina LLC, Time Warner Cable Information Services Tennessee LLC, Time Warner Cable Information Services Texas LLC, Time Warner Cable Information Services Virginia LLC, Time Warner Cable Information Services Washington LLC, Time Warner Cable Information Services West Virginia LLC, Time Warner Cable Information Services Wisconsin LLC, Time Warner Cable LLC, and Vista Broadband Communications.
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How can I contact Charter Communications?: Charter Communications' mailing address is 400 Atlantic Street, Stamford CT, 06901. The official website for the company is www.charter.com. The company can be reached via phone at (203) 905-7801, via email at investor@charter.com, or via fax at 314-965-9745.

This page (NASDAQ:CHTR) was last updated on 12/9/2022 by MarketBeat.com Staff

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