About Charter Communications (NASDAQ:CHTR)
Charter Communications, Inc. (Charter) is a provider of cable services, offering various entertainments, information and communications solutions to residential and commercial customers. The Company's services include Video Services, Internet Services, Voice Services, Commercial Services and Advertising Services. Its infrastructure consists of a hybrid of fiber and coaxial cable plant with approximately 12.8 million estimated passings, with over 98% at approximately 550 megahertz (MHz) or greater, over 99% of plant miles two-way active and approximately 100% of plant all-digital. It sells its video, Internet and voice services primarily on a subscription basis, often in a bundle of two or more services. It offers Charter Spectrum brand in its all-digital markets. Digital video enables its customers to access advanced video services, such as high definition (HD) television, video on demand programming, an interactive program guide and digital video recorder (DVR) service.
Industry, Sector and Symbol:
- Sector: Consumer Discretionary
- Industry: CATV Systems
- Sub-Industry: Cable & Satellite
- Symbol: NASDAQ:CHTR
- CUSIP: 16117M30
- Web: www.charter.com
- Market Cap: $90.45529 billion
- Outstanding Shares: 257,883,000
- 50 Day Moving Avg: $367.80
- 200 Day Moving Avg: $354.41
- 52 Week Range: $241.50 - $408.83
Sales & Book Value:
- Trailing P/E Ratio: 98.85
- Foreward P/E Ratio: 48.13
- P/E Growth: 3.51
- Annual Revenue: $40.83 billion
- Price / Sales: 2.18
- Book Value: $142.03 per share
- Price / Book: 2.43
- EBITDA: $14.62 billion
- Net Margins: 2.29%
- Return on Equity: 1.15%
- Return on Assets: 0.38%
- Debt-to-Equity Ratio: 1.36%
- Current Ratio: 0.32%
- Quick Ratio: 0.32%
- Average Volume: 1.85 million shs.
- Beta: 1.1
- Short Ratio: 4.98
Frequently Asked Questions for Charter Communications (NASDAQ:CHTR)
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) released its quarterly earnings results on Thursday, July, 27th. The company reported $0.52 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.81 by $0.29. The company earned $10.36 billion during the quarter, compared to analysts' expectations of $10.38 billion. Charter Communications had a net margin of 2.29% and a return on equity of 1.15%. Charter Communications's revenue was up 3.9% on a year-over-year basis. During the same period last year, the firm posted $0.99 earnings per share. View Charter Communications' Earnings History.
When will Charter Communications make its next earnings announcement?
Where is Charter Communications' stock going? Where will Charter Communications' stock price be in 2017?
20 equities research analysts have issued twelve-month price objectives for Charter Communications' shares. Their predictions range from $310.00 to $456.00. On average, they expect Charter Communications' share price to reach $381.59 in the next twelve months. View Analyst Ratings for Charter Communications.
What are analysts saying about Charter Communications stock?
Here are some recent quotes from research analysts about Charter Communications stock:
- 1. Pivotal Research analysts commented, "We made modest changes to our ’18 and beyond forecasts mainly around the ramp in free cash flow although we still forecast $40 in FCF share forecast in ’20. The changes drove a $5 increase in our YE’17 target price to $405. This target is based on CHTR trading at 10X’18 EBITDA (adding back NPV of NOL) and 20X ’18 FCF vs. 9.4X and 18X currently. Reiterate BUY." (7/30/2017)
- 2. Macquarie analysts commented, "We note two one-time items impacted 1Q revenue growth which would have otherwise reached 4.7%: 1) bill credits provided to certain TWC subs in March; and 2) tough comps as TWC/BH benefited from a contractual settlement in 1Q16." (5/2/2017)
- 3. Guggenheim analysts commented, "We are raising our price target on Charter shares to $360 from our previous $305. Our Buy thesis continues to reflect our confidence in Charter's ability to grow its broadband and video market share as it completes its digital upgrade and rebranding cycles and rolls out its Spectrum Guide user interface. In addition, we believe Charter's systems have significant strategic value should the video, broadband and wireless industries further consolidate." (2/13/2017)
Who are some of Charter Communications' key competitors?
Some companies that are related to Charter Communications include Comcast Corporation (CMCSA), Walt Disney Company (The) (DIS), Naspers (NPSNY), Nike (NKE), Netflix (NFLX), Time Warner (TWX), Nintendo (NTDOY), Twenty-First Century Fox (FOXA), Twenty-First Century Fox (FOX), Las Vegas Sands Corp. (LVS), Sony Corp Ord (SNE), Activision Blizzard (ATVI), Nintendo Co., Ltd (NTDOY), Adidas AG (ADDYY), Marriott International (MAR), Sands China (SCHYY), Carnival Corporation (CCL) and Electronic Arts (EA).
Who owns Charter Communications stock?
Charter Communications' stock is owned by a variety of of institutional and retail investors. Top institutional investors include Diamond Hill Capital Management Inc. (0.20%), APG Asset Management N.V. (0.15%), Robeco Institutional Asset Management B.V. (0.09%), Strs Ohio (0.07%), Nationwide Fund Advisors (0.03%) and Inverness Counsel LLC NY (0.03%). Company insiders that own Charter Communications stock include Craig A Jacobson, David C Merritt, John D Markley Jr, Jonathan Hargis, Mauricio Ramos and Michael Huseby. View Institutional Ownership Trends for Charter Communications.
Who sold Charter Communications stock? Who is selling Charter Communications stock?
Charter Communications' stock was sold by a variety of institutional investors in the last quarter, including Robeco Institutional Asset Management B.V., Nationwide Fund Advisors, Inverness Counsel LLC NY, Diamond Hill Capital Management Inc., State Treasurer State of Michigan, Strs Ohio, Mutual of America Capital Management LLC and BB&T Corp. Company insiders that have sold Charter Communications stock in the last year include Craig A Jacobson and Jonathan Hargis. View Insider Buying and Selling for Charter Communications.
Who bought Charter Communications stock? Who is buying Charter Communications stock?
Charter Communications' stock was purchased by a variety of institutional investors in the last quarter, including Meeder Asset Management Inc., Verde Servicos Internacionais S.A., APG Asset Management N.V., Rockefeller Financial Services Inc., Wealth Enhancement Advisory Services LLC, Douglas Lane & Associates LLC, CAPROCK Group Inc. and Asset Dedication LLC. Company insiders that have bought Charter Communications stock in the last two years include David C Merritt, Mauricio Ramos and Michael Huseby. View Insider Buying and Selling for Charter Communications.
How do I buy Charter Communications stock?
Shares of Charter Communications can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Charter Communications' stock price today?
MarketBeat Community Rating for Charter Communications (NASDAQ CHTR)MarketBeat's community ratings are surveys of what our community members think about Charter Communications and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Charter Communications stock can currently be purchased for approximately $345.07.
Consensus Ratings for Charter Communications (NASDAQ:CHTR) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||12 Hold Ratings, 8 Buy Ratings|
|Consensus Rating:||Hold (Score: 2.40)|
|Consensus Price Target: ||$381.59 (10.58% upside)|Consensus Price Target History for Charter Communications (NASDAQ:CHTR)
Analysts' Ratings History for Charter Communications (NASDAQ:CHTR)
(Data available from 10/24/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|10/16/2017||Moffett Nathanson||Reiterated Rating||Neutral||N/A|
|10/4/2017||Robert W. Baird||Reiterated Rating||Hold||$365.00||Low|
|9/18/2017||Royal Bank Of Canada||Reiterated Rating||Buy||$420.00||Low|
|9/15/2017||Evercore ISI||Boost Price Target||Outperform||$360.00 -> $438.00||High|
|9/5/2017||Telsey Advisory Group||Downgrade||Outperform -> Market Perform||$450.00 -> $340.00||Low|
|8/22/2017||Citigroup Inc.||Boost Price Target||Buy -> Buy||$378.00 -> $456.00||Low|
|8/3/2017||Guggenheim||Downgrade||Buy -> Neutral||$370.00 -> $400.00||Low|
|8/2/2017||Barclays PLC||Set Price Target||Equal Weight||$297.00 -> $354.00||Low|
|8/1/2017||HSBC Holdings plc||Reiterated Rating||Hold||$300.00 -> $360.00||Low|
|7/31/2017||Deutsche Bank AG||Reiterated Rating||Buy||$390.00 -> $410.00||High|
|7/30/2017||Wells Fargo & Company||Reiterated Rating||Market Perform||$330.00 -> $372.00||High|
|7/30/2017||Pivotal Research||Reiterated Rating||Buy||High|
|7/17/2017||Morgan Stanley||Boost Price Target||Overweight||$350.00 -> $365.00||Low|
|6/28/2017||Goldman Sachs Group, Inc. (The)||Reiterated Rating||Neutral||Medium|
|6/2/2017||CIBC||Initiated Coverage||Market Perform -> Market Perform||Medium|
|6/1/2017||Oppenheimer Holdings, Inc.||Initiated Coverage||Market Perform||Medium|
|5/3/2017||Wunderlich||Downgrade||Buy -> Hold||$360.00 -> $350.00||High|
|4/18/2017||SunTrust Banks, Inc.||Initiated Coverage||Buy||$380.00||Medium|
|2/17/2017||Jefferies Group LLC||Boost Price Target||Hold||$280.00 -> $310.00||N/A|
|8/2/2016||Bank of America Corporation||Initiated Coverage||Buy||$300.00||N/A|
|6/30/2016||J P Morgan Chase & Co||Reiterated Rating||Buy||N/A|
|6/1/2016||Raymond James Financial, Inc.||Upgrade||Outperform -> Strong-Buy||$156.13 -> $218.94||N/A|
Earnings History for Charter Communications (NASDAQ:CHTR)Earnings History by Quarter for Charter Communications (NASDAQ CHTR)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|7/27/2017||Q2 2017||$0.81||$0.52||$10.38 billion||$10.36 billion||View||N/A|
|5/2/2017||Q1 2017||$0.99||$0.57||$10.26 billion||$10.16 billion||View||Listen|
|2/16/2017||Q416||$1.06||$1.67||$10.23 billion||$10.28 billion||View||Listen|
|11/3/2016||Q316||$0.62||$0.69||$1.66 billion||$10.04 billion||View||N/A|
|8/9/2016||Q216||$0.71||$0.99||$1.66 billion||$9.99 billion||View||N/A|
|4/28/2016||Q116||($1.36)||($1.68)||$1.66 billion||$2.53 billion||View||Listen|
|2/4/2016||Q415||($0.14)||($1.09)||$1.66 billion||$2.51 billion||View||Listen|
|10/29/2015||Q315||$0.39||$0.48||$1.66 billion||$2.45 billion||View||Listen|
|8/4/2015||Q215||$0.35||$0.46||$2.42 billion||$2.43 billion||View||Listen|
|5/1/2015||Q115||$0.07||($0.73)||$2.37 billion||$2.36 billion||View||Listen|
|2/5/2015||Q414||($0.23)||($0.44)||$2.33 billion||$2.36 billion||View||Listen|
|10/29/2014||Q314||($0.05)||($0.49)||$2.29 billion||$2.30 billion||View||Listen|
|7/31/2014||Q214||$0.08||($0.42)||$2.26 billion||$2.26 billion||View||Listen|
|4/28/2014||Q114||$0.15||($0.35)||$2.18 billion||$2.20 billion||View||Listen|
|2/21/2014||Q413||$0.24||$0.35||$2.16 billion||$2.15 billion||View||Listen|
|11/5/2013||Q313||$0.13||($0.68)||$2.10 billion||$2.10 billion||View||Listen|
|8/6/2013||Q2 2013||$0.36||($0.96)||$1.97 billion||$1.97 billion||View||Listen|
|5/7/2013||Q1 2013||($0.61)||($0.42)||$1.90 billion||$1.82 billion||View||Listen|
|2/22/2013||Q4 2012||($0.28)||($0.41)||$1.91 billion||$1.91 billion||View||Listen|
|11/6/2012||Q312||($0.35)||($0.78)||$1.89 billion||$1.88 billion||View||N/A|
Earnings Estimates for Charter Communications (NASDAQ:CHTR)
2017 EPS Consensus Estimate: $5.42
2018 EPS Consensus Estimate: $14.72
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Dividend History for Charter Communications (NASDAQ:CHTR)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for Charter Communications (NASDAQ:CHTR)
Insider Ownership Percentage: 0.56%Insider Trades by Quarter for Charter Communications (NASDAQ:CHTR)
Institutional Ownership Percentage: 74.07%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|8/10/2017||Jonathan Hargis||EVP||Sell||10,976||$399.00||$4,379,424.00|| |
|5/11/2017||David C Merritt||Director||Buy||1,200||$326.31||$391,572.00|| |
|5/10/2017||Craig A Jacobson||Director||Sell||1,000||$323.62||$323,620.00|| |
|5/9/2017||Jonathan Hargis||EVP||Sell||6,000||$325.75||$1,954,500.00|| |
|8/18/2016||Mauricio Ramos||Director||Buy||1,000||$255.00||$255,000.00|| |
|8/11/2016||Craig A Jacobson||Director||Sell||3,000||$258.15||$774,450.00|| |
|8/11/2016||Jonathan Hargis||EVP||Sell||7,233||$253.21||$1,831,467.93|| |
|5/2/2016||Jonathan Hargis||CMO||Sell||6,350||$214.95||$1,364,932.50|| |
|4/4/2016||John D Markley Jr||Director||Sell||2,000||$205.13||$410,260.00|| |
|3/1/2016||Jonathan Hargis||CMO||Sell||2,000||$183.71||$367,420.00|| |
|2/9/2016||Michael Huseby||Director||Buy||1,000||$163.84||$163,840.00|| |
|8/27/2015||Richard R. Dykhouse||EVP||Sell||7,000||$180.00||$1,260,000.00|| |
|8/20/2015||David C Merritt||Director||Sell||2,500||$185.01||$462,525.00|| |
|5/22/2014||Donald Detampel, Jr.||EVP||Sell||245,833||$138.33||$34,006,078.89|| |
|5/8/2014||John Markley, Jr.||Director||Sell||3,000||$138.88||$416,640.00|| |
|5/7/2014||Media Corp Liberty||major shareholder||Buy||896,845||$138.79||$124,473,117.55|| |
|11/19/2013||Kathleen Mayo||EVP||Sell||28,406||$129.24||$3,671,191.44|| |
|8/29/2013||James Heneghan||Insider||Sell||10,000||$120.72||$1,207,200.00|| |
|8/13/2013||David Scott Weber||EVP||Sell||27,213||$126.11||$3,431,831.43|| |
|5/28/2013||Robert E Quicksilver||EVP||Sell||23,450||$114.02||$2,673,769.00|| |
|5/23/2013||Jonathan Hargis||CMO||Sell||20,682||$112.55||$2,327,759.10|| |
|5/14/2013||James M Heneghan||Insider||Sell||26,300||$113.73||$2,991,099.00|| |
|5/10/2013||Kevin D Howard||CAO||Sell||24,347||$110.82||$2,698,134.54|| |
|5/9/2013||Craig A Jacobson||Director||Sell||4,500||$109.75||$493,875.00|| |
|5/8/2013||John Bickham||COO||Sell||22,222||$108.42||$2,409,309.24|| |
|5/8/2013||Jonathan Hargis||CMO||Sell||22,725||$108.37||$2,462,708.25|| |
|3/5/2013||Crestview Partners Ii Gp, L.P.||Major Shareholder||Sell||139,254||$87.05||$12,122,060.70|| |
|3/5/2013||John D Markley Jr||Director||Buy||1,750||$87.06||$152,355.00|| |
|12/5/2012||Opportunities Investme Oaktree||Director||Sell||683,919||$70.33||$48,100,023.27|| |
|12/4/2012||Crestview Partners Gp, L.P.||Director||Sell||98,688||$70.53||$6,960,464.64|| |
|11/16/2012||Craig A Jacobson||Director||Buy||3,500||$68.64||$240,240.00|| |
|8/9/2012||Bruce A Karsh||Director||Sell||166,000||$75.37||$12,511,420.00|| |
Headline Trends for Charter Communications (NASDAQ:CHTR)
Latest Headlines for Charter Communications (NASDAQ:CHTR)
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Charter Communications (CHTR) Chart for Tuesday, October, 24, 2017