NASDAQ:CHTRCharter Communications Stock Price, Forecast & News

$512.90

-4.06 (-0.79 %)

(As of 05/25/2020 02:44 PM ET)

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Today's Range

$509.24

Now: $512.90▼

$519.10

50-Day Range

$424.03

MA: $491.08▼

$520.44

52-Week Range

$345.67

Now: $512.90▼

$546.54

Volume714,439 shs

Average Volume1.04 million shs

Market Capitalization$120.12 billion

P/E Ratio62.02

Dividend YieldN/A

Beta1.03

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. The company also provides Internet services, such as security suite that protects computers from viruses and spyware; in-home WiFi, which permits customers to lease high performance wireless routers to enhance their in-home wireless Internet experience; out-of-home WiFi; Spectrum WiFi; parental control features; and residential Internet services. In addition, it 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. Further, the company provides video programming and digital music channels, Web hosting, 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 MTV, CNN, and ESPN; Audience App for optimizes linear inventory; and sells video and online advertising inventory to local, regional, and national advertising customers. Additionally, it offers fiber-delivered communications and managed information technology solutions; data connectivity services to mobile and wireline carriers, and other competitive carriers on a wholesale basis; and owns and operates regional sports networks and local sports, news, and lifestyle channels. As of December 31, 2018, the company served approximately 28.1 million residential and business customers. Charter Communications, Inc. was founded in 1999 and is based in Stamford, Connecticut.

Beat the Market (BTM) Rank^™

2.3 Analyst's Opinion

Consensus Rating
Charter Communications has received a consensus rating of Buy. The company's average rating score is 2.69, and is based on 16 buy ratings, 9 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $536.75, Charter Communications has a potential upside of 4.7% from its current price of $512.90.
Amount of Analyst Coverage
Charter Communications has been the subject of 15 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.5 Community Rank

Outperform Votes
Charter Communications has received 676 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Charter Communications has received 655 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Charter Communications has received 50.79% “outperform” votes from our community.

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.

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.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Charter Communications insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $20,048,168.00 in company stock.
Percentage Held by Insiders
Only 1.18% of the stock of Charter Communications is held by insiders.
Percentage Held by Institutions
62.79% of the stock of Charter Communications is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9 Earnings and Valuation

Earnings Growth
Earnings for Charter Communications are expected to grow by 53.26% in the coming year, from $12.26 to $18.79 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Charter Communications is 62.02, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 13.79.
Price to Earnings Ratio vs. Sector
The P/E ratio of Charter Communications is 62.02, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 17.89.
Price to Earnings Growth Ratio
Charter Communications has a PEG Ratio of 1.10. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Charter Communications has a P/B Ratio of 2.77. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.54 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Cable & other pay television services

Sub-IndustryCable & Satellite

SectorConsumer Discretionary

Current SymbolNASDAQ:CHTR

Previous Symbol

CUSIP16117M30

CIK1091667

Webwww.charter.com

Phone203-905-7801

Debt

Debt-to-Equity Ratio2.04

Current Ratio0.44

Quick Ratio0.44

Price-To-Earnings

Trailing P/E Ratio62.02

Forward P/E Ratio41.84

P/E Growth1.1

Sales & Book Value

Annual Sales$45.76 billion

Price / Sales2.62

Cash Flow$55.33 per share

Price / Cash Flow9.27

Book Value$184.84 per share

Price / Book2.77

Profitability

EPS (Most Recent Fiscal Year)$7.54

Net Income$1.67 billion

Net Margins3.91%

Return on Equity4.66%

Return on Assets1.26%

Miscellaneous

Employees95,100

Outstanding Shares234,200,000

Market Cap$120.12 billion

Next Earnings Date7/24/2020 (Estimated)

OptionableOptionable

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Charter Communications (NASDAQ:CHTR) Frequently Asked Questions

How has Charter Communications' stock been impacted by COVID-19 (Coronavirus)?

Charter Communications' stock was trading at $450.64 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, CHTR stock has increased by 13.8% and is now trading at $512.90. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Charter Communications?

26 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Charter Communications in the last year. There are currently 9 hold ratings, 16 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Charter Communications.

When is Charter Communications' next earnings date?

Charter Communications is scheduled to release its next quarterly earnings announcement on Friday, July 24th 2020. View our earnings forecast for Charter Communications.

How were Charter Communications' earnings last quarter?

Charter Communications Inc (NASDAQ:CHTR) announced its quarterly earnings data on Friday, May, 1st. The company reported $1.86 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $2.71 by $0.85. The firm had revenue of $11.74 billion for the quarter, compared to the consensus estimate of $11.78 billion. Charter Communications had a return on equity of 4.66% and a net margin of 3.91%. The company's revenue for the quarter was up 4.7% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.11 earnings per share. View Charter Communications' earnings history.

What price target have analysts set for CHTR?

26 analysts have issued twelve-month price targets for Charter Communications' shares. Their forecasts range from $375.00 to $700.00. On average, they expect Charter Communications' share price to reach $536.75 in the next year. This suggests a possible upside of 4.7% from the stock's current price. View analysts' price targets 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)

Has Charter Communications been receiving favorable news coverage?

News headlines about CHTR stock have trended somewhat positive this week, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Charter Communications earned a coverage optimism score of 1.5 on InfoTrie's scale. They also gave headlines 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 next several days. View the latest news aboutCharter Communications.

Who are some of Charter Communications' key competitors?

Some companies that are related to Charter Communications include Comcast (CMCSA), Sirius XM (SIRI), DISH Network (DISH), Liberty Global (LBTYA), Amc Networks (AMCX) and Loral Space & Communications Ltd. (LORL). View all 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 Netflix (NFLX), Alibaba Group (BABA), AT&T (T), Tesla (TSLA), NVIDIA (NVDA), Walt Disney (DIS), Alphabet (GOOG), Boeing (BA), Cisco Systems (CSCO) and Intel (INTC).

Who are Charter Communications' key executives?

Charter Communications' management team includes the following 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)

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 investors include Capital International Investors (4.56%), State Street Corp (2.95%), Veritas Asset Management LLP (1.57%), Geode Capital Management LLC (1.02%), Capital World Investors (1.00%) and Wellington Management Group LLP (0.93%). Company insiders that own Charter Communications stock include Christopher L Winfrey, Craig A Jacobson, David C Merritt, David Ellen, 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 institutional investors are selling Charter Communications stock?

CHTR stock was sold by a variety of institutional investors in the last quarter, including Capital World Investors, Longview Partners Guernsey LTD, Invesco Ltd., Capital International Investors, BloombergSen Inc., DNB Asset Management AS, State Street Corp, and APG Asset Management N.V.. Company insiders that have sold Charter Communications company stock in the last year include Christopher L Winfrey, Craig A Jacobson, David C Merritt, David Ellen, John Bickham, Jonathan Hargis, Lance Conn, and Richard R Dykhouse. View insider buying and selling activity for Charter Communications.

Which institutional investors are buying Charter Communications stock?

CHTR stock was purchased by a variety of institutional investors in the last quarter, including Wellington Management Group LLP, BlueSpruce Investments LP, Third Point LLC, Janus Henderson Group PLC, Bank of New York Mellon Corp, Mackenzie Financial Corp, Primecap Management Co. CA, and Balyasny Asset Management LLC. View insider buying and selling activity 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 $512.90.

How big of a company is Charter Communications?

Charter Communications has a market capitalization of $120.12 billion and generates $45.76 billion in revenue each year. The company earns $1.67 billion in net income (profit) each year or $7.54 on an earnings per share basis. Charter Communications employs 95,100 workers across the globe.

What is Charter Communications' official website?

The official website for Charter Communications is 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]

This page was last updated on 5/25/2020 by MarketBeat.com Staff