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NASDAQ:CHTR

Charter Communications - CHTR Stock Forecast, Price & News

$342.17
+0.34 (+0.10%)
(As of 03/23/2023 12:00 AM ET)
Add
Compare
Today's Range
$338.02
▼
$348.70
50-Day Range
$329.49
▼
$412.25
52-Week Range
$297.66
▼
$574.65
Volume
927,849 shs
Average Volume
1.20 million shs
Market Capitalization
$52.23 billion
P/E Ratio
11.12
Dividend Yield
N/A
Price Target
$486.86

Charter Communications MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.55 Rating Score
Upside/​Downside
42.3% Upside
$486.86 Price Target
Short Interest
N/A
Dividend Strength
N/A
Sustainability
-0.97
Upright™ Environmental Score
News Sentiment
0.96mentions of Charter Communications in the last 14 days
Based on 7 Articles This Week
Insider Trading
Selling Shares
$11.51 M Sold Last Quarter
Proj. Earnings Growth
20.70%
From $31.98 to $38.60 Per Share

Overall MarketRank™

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

3.39 out of 5 stars

Consumer Discretionary Sector

1st out of 261 stocks

Cable & Other Pay Television Services Industry

1st out of 22 stocks

See Top Rated MarketRank™ Stocks Here

CHTR stock logo

About Charter Communications (NASDAQ:CHTR) Stock

Charter Communications Inc is a mass media and telecommunications company in Stamford, Connecticut. The company has become one of the largest cable and internet service providers in the United States since it was founded in 1993. Charter Communications serves over 30 million customers across 41 states. In addition to providing cable television and internet services, Charter offers home phone services, mobile services and advertising solutions. Key highlights of the company include its acquisition of Time Warner Cable in 2016, which made it the second-largest cable operator in the US and its launch of Spectrum Mobile, a mobile virtual network operator, in 2018.

Charter has seen steady growth in its financial metrics over the past few years. However, the company's debt levels have increased recently, with long-term debt rising from $64.2 billion in 2020 to $96 billion in 2023. This rise in debt is coupled with a stock price decrease of close to fifty percent from the third quarter of 2021 to the third quarter of 2022. 

Charter operates in the highly competitive telecommunications industry, undergoing significant changes due to technological advancements and shifting consumer preferences. The industry is dominated by a few prominent players, including Comcast, AT&T and Verizon. In addition, there has been a trend towards cord-cutting in recent years, as consumers increasingly opt for streaming services over traditional cable television. This trend has pressured cable companies to adapt and offer customers more flexible and affordable options. The industry is also subject to regulatory and political forces, with ongoing debates around net neutrality and the role of telecom companies in shaping public discourse.

Charter's leadership team changed hands in the fourth quarter of 2022 when Charter appointed previous COO Christopher Winfrey to the CEO lead, replacing CEO Thomas Rutledge, who had been at the helm for ten years. 

One of the key growth opportunities for Charter is its expansion into the mobile services market through Spectrum Mobile. The company launched Spectrum Mobile in 2018, leveraging its existing infrastructure to offer customers affordable mobile plans. Spectrum Mobile represents a significant growth opportunity for Charter as the demand for mobile services continues to grow. The company is also investing in its broadband network, with plans to extend its coverage and increase internet speeds in underserved areas.

One of the critical risks facing Charter is the ongoing trend towards cord-cutting, as customers increasingly opt for streaming services over traditional cable television. This trend has pressured cable companies to adapt and offer customers more flexible and affordable options. The industry is also subject to regulatory and political pressures, with ongoing debates around net neutrality and the role of telecom companies in shaping public discourse. As a result, Charter could face increased regulatory scrutiny, impacting its operations and financial performance. Another challenge for Charter is the potential for increased competition, particularly from new entrants to the market. The telecom industry is constantly evolving, with new technologies and players emerging. Charter must continue to innovate and invest in its network to remain competitive.

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CHTR Stock News Headlines

March 21, 2023 | finance.yahoo.com
Harmonic Snags Charter Cable TV Contract, Shares Jump
March 20, 2023 | markets.businessinsider.com
Why Harmonic Stock Is Trading Higher After Hours
March 23, 2023 | Legacy Research (Affiliate) (Ad)
"Prepare for Five Years of Famine"
Market Wizard who predicted all indexes would be negative in 2022 shares shocking new forecast
March 17, 2023 | marketwatch.com
Charter Communications Inc. Cl A stock rises Thursday, still underperforms market
March 16, 2023 | americanbankingnews.com
Charter Communications, Inc. (NASDAQ:CHTR) Given Average Recommendation of "Moderate Buy" by Brokerages
March 16, 2023 | nasdaq.com
Guru Fundamental Report for CHTR
March 15, 2023 | marketwatch.com
Charter Communications Inc. Cl A stock underperforms Wednesday when compared to competitors despite daily gains
March 14, 2023 | finance.yahoo.com
Is Charter Communications, Inc. (NASDAQ:CHTR) Trading At A 31% Discount?
March 23, 2023 | Legacy Research (Affiliate) (Ad)
"Prepare for Five Years of Famine"
Market Wizard who predicted all indexes would be negative in 2022 shares shocking new forecast
March 13, 2023 | marketwatch.com
Charter Communications Inc. Cl A stock rises Monday, outperforms market
March 13, 2023 | finance.yahoo.com
SPECTRUM BUSINESS® OFFERS SMB CUSTOMERS FREE UNLIMITED SPECTRUM MOBILE™ FOR ONE YEAR
March 10, 2023 | finance.yahoo.com
A Closer Look At Charter Communications, Inc.'s (NASDAQ:CHTR) Impressive ROE
March 9, 2023 | finance.yahoo.com
T-Mobile Doesn't See Cable's Competition in the Wireless Game As a Major Threat
March 3, 2023 | finance.yahoo.com
Charter Communications, Inc. (CHTR)
March 2, 2023 | msn.com
Cord-Cutting Claims Another 1.4 Million Cable Customers in Q4
March 1, 2023 | benzinga.com
Charter Communications Stock (NASDAQ:CHTR), Guidance and Forecast
March 1, 2023 | marketwatch.com
Charter Communications Inc. Cl A stock underperforms Tuesday when compared to competitors
February 27, 2023 | finance.yahoo.com
4 Stocks to Watch From a Challenging Cable Television Industry
February 23, 2023 | finance.yahoo.com
Should You Hold Charter Communications (CHTR)?
February 21, 2023 | finance.yahoo.com
OVATION TV PARTNERS WITH CHARTER COMMUNICATIONS FOR SIXTH CONSECUTIVE YEAR OF STAND FOR THE ARTS AWARDS
February 15, 2023 | finance.yahoo.com
There's Been No Shortage Of Growth Recently For Charter Communications' (NASDAQ:CHTR) Returns On Capital
February 13, 2023 | finance.yahoo.com
Charter Closes $1.1 Billion Senior Unsecured Notes
February 11, 2023 | finance.yahoo.com
Calculating The Intrinsic Value Of Charter Communications, Inc. (NASDAQ:CHTR)
February 7, 2023 | finance.yahoo.com
Is Charter Communications, Inc. (NASDAQ:CHTR) A High Quality Stock To Own?
February 3, 2023 | finance.yahoo.com
Steven Miron Is The Independent Director of Charter Communications, Inc. (NASDAQ:CHTR) And They Just Picked Up 37% More Shares
February 1, 2023 | finance.yahoo.com
Earnings growth of 24% over 1 year hasn't been enough to translate into positive returns for Charter Communications (NASDAQ:CHTR) shareholders
January 31, 2023 | finance.yahoo.com
Comcast and Charter Have to Address This ... and Soon
See More Headlines
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CHTR Company Calendar

Last Earnings
1/27/2023
Today
3/23/2023
Next Earnings (Estimated)
5/05/2023
Fiscal Year End
12/31/2023
Get Stock Alerts

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
101,700
Year Founded
1993

Price Target and Rating

Average Stock Price Forecast
$486.86
High Stock Price Forecast
$649.00
Low Stock Price Forecast
$273.00
Forecasted Upside/Downside
+43.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.55
Research Coverage
20 Analysts

Profitability

EPS (Most Recent Fiscal Year)
$30.77
Trailing P/E Ratio
11.05
Forward P/E Ratio
10.63
P/E Growth
0.45
Net Income
$5.06 billion
Net Margins
9.36%
Pretax Margin
13.81%
Return on Equity
37.20%
Return on Assets
3.51%

Debt

Debt-to-Equity Ratio
7.66
Current Ratio
0.33
Quick Ratio
0.33

Sales & Book Value

Annual Sales
$54.02 billion
Price / Sales
0.96
Cash Flow
$89.26 per share
Price / Cash Flow
3.81
Book Value
$82.21 per share
Price / Book
4.14

Miscellaneous

Outstanding Shares
152,650,000
Free Float
149,659,000
Market Cap
$51.91 billion
Optionable
Optionable
Beta
1.12

Social Links


Key Executives

  • Christopher L. WinfreyChristopher L. Winfrey
    President & Chief Executive Officer
  • Jessica Fischer
    Chief Financial Officer
  • Richard J. DiGeronimo
    President-Product & Technology
  • Jake H. Perlman
    Executive Vice President-Software Development
  • David G. Ellen
    Senior Executive Vice President

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?

20 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Charter Communications in the last year. There are currently 1 sell rating, 7 hold ratings and 12 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" CHTR shares.
View CHTR analyst ratings or view top-rated stocks.

What is Charter Communications' stock price forecast for 2023?

20 Wall Street analysts have issued 12-month price targets for Charter Communications' stock. Their CHTR share price forecasts range from $273.00 to $649.00. On average, they expect the company's share price to reach $486.86 in the next twelve months. This suggests a possible upside of 43.1% 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 2023?

Charter Communications' stock was trading at $339.10 on January 1st, 2023. Since then, CHTR stock has increased by 0.3% and is now trading at $340.13.
View the best growth stocks for 2023 here.

When is Charter Communications' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, May 5th 2023.
View our CHTR earnings forecast.

How were Charter Communications' earnings last quarter?

Charter Communications, Inc. (NASDAQ:CHTR) posted its quarterly earnings results on Friday, January, 27th. The company reported $7.69 EPS for the quarter, missing the consensus estimate of $8.03 by $0.34. The firm had revenue of $13.67 billion for the quarter, compared to analyst estimates of $13.73 billion. Charter Communications had a net margin of 9.36% and a trailing twelve-month return on equity of 37.20%. The firm's quarterly revenue was up 3.5% compared to the same quarter last year. During the same quarter last year, the company earned $8.93 earnings per share.
Read the conference call transcript.

What ETFs hold Charter Communications' stock?

ETFs with the largest weight of Charter Communications (NASDAQ:CHTR) stock in their portfolio include Roundhill IO Digital Infrastructure ETF (BYTE), Communication Services Select Sector SPDR Fund (XLC), Invesco S&P 500 Equal Weight Communication Services ETF (EWCO), God Bless America ETF (YALL), Hennessy Stance ESG Large Cap ETF (STNC), iShares U.S. Telecommunications ETF (IYZ), VictoryShares US Multi-Factor Minimum Volatility ETF (VSMV) and FPA Global Equity ETF (FPAG).

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 a number of retail and institutional investors. Top institutional investors include Veritas Asset Management LLP (1.64%), Geode Capital Management LLC (1.32%), Citigroup Inc. (0.00%), Franklin Resources Inc. (0.98%), Morgan Stanley (0.70%) and Putnam Investments LLC (0.63%). Insiders that own company stock include Christopher L Winfrey, David C Merritt, David C Merritt, David Ellen, John Bickham, Jonathan Hargis, Kevin D Howard, Richard R Dykhouse, Richard R Dykhouse, S P Iv Johnson, Steven A Miron 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 $340.13.

How much money does Charter Communications make?

Charter Communications (NASDAQ:CHTR) has a market capitalization of $51.92 billion and generates $54.02 billion in revenue each year. The company earns $5.06 billion in net income (profit) each year or $30.77 on an earnings per share basis.

How many employees does Charter Communications have?

The company employs 101,700 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.
Read More
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 3/23/2023 by MarketBeat.com Staff