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NASDAQ:CHTR - Charter Communications Stock Price, Forecast & News

$439.70
-14.47 (-3.19 %)
(As of 03/29/2020 07:45 AM ET)
Today's Range
$434.90
Now: $439.70
$456.40
50-Day Range
$371.70
MA: $483.78
$542.46
52-Week Range
$343.15
Now: $439.70
$546.54
Volume1.90 million shs
Average Volume3.02 million shs
Market Capitalization$92.33 billion
P/E Ratio58.47
Dividend YieldN/A
Beta1.02
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.
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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$45.76 billion
Cash Flow$53.56 per share
Book Value$184.84 per share

Profitability

Net Income$1.67 billion

Miscellaneous

Employees95,100
Market Cap$92.33 billion
Next Earnings Date5/5/2020 (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 decreased by 2.4% and is now trading at $439.70. View which stocks have been mosted impacted by Coronavirus.

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

23 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Charter Communications in the last year. There are currently 8 hold ratings, 14 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 Tuesday, May 5th 2020. View our earnings forecast for Charter Communications.

How were Charter Communications' earnings last quarter?

Charter Communications Inc (NASDAQ:CHTR) posted its earnings results on Friday, January, 31st. The company reported $3.28 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $2.50 by $0.78. The company earned $11.76 billion during the quarter, compared to analyst estimates of $11.71 billion. Charter Communications had a net margin of 3.64% and a return on equity of 4.07%. The business's quarterly revenue was up 4.7% compared to the same quarter last year. During the same quarter last year, the company earned $1.29 EPS. View Charter Communications' earnings history.

What price target have analysts set for CHTR?

23 analysts have issued twelve-month price objectives for Charter Communications' stock. Their forecasts range from $375.00 to $615.00. On average, they expect Charter Communications' share price to reach $528.95 in the next year. This suggests a possible upside of 20.3% 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 articles about CHTR stock have been trending somewhat positive on Sunday, InfoTrie Sentiment Analysis reports. The research firm ranks the sentiment of news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Charter Communications earned a news sentiment score of 0.8 on InfoTrie's scale. They also gave media stories about the company a news buzz of 2.0 out of 10, meaning that recent news coverage is very unlikely to have an effect on the stock's share price in the next few days. View the latest news aboutCharter Communications.

Are investors shorting Charter Communications?

Charter Communications saw a drop in short interest during the month of February. As of February 14th, there was short interest totaling 9,010,000 shares, a drop of 6.6% from the January 30th total of 9,650,000 shares. Based on an average daily trading volume, of 1,110,000 shares, the days-to-cover ratio is presently 8.1 days. Currently, 6.0% of the company's stock 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 Netflix (NFLX), NVIDIA (NVDA), Alibaba Group (BABA), AT&T (T), Tesla (TSLA), Walt Disney (DIS), Boeing (BA), Home Depot (HD), Micron Technology (MU) and Alphabet (GOOG).

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 retail and institutional investors. Top institutional investors include Capital International Investors (5.36%), State Street Corp (3.30%), Capital World Investors (2.74%), Longview Partners Guernsey LTD (1.47%), Geode Capital Management LLC (1.09%) and FMR LLC (0.90%). Company insiders that own Charter Communications stock include Christopher L Winfrey, 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 Capital World Investors, Franklin Resources Inc., FMR LLC, State Street Corp, Sculptor Capital LP, 3G Capital Partners LP, Longview Partners Guernsey LTD, and Marshall Wace North America L.P.. Company insiders that have sold Charter Communications company stock in the last year include Christopher L Winfrey, Craig A Jacobson, David C Merritt, John Bickham, Jonathan Hargis, and Lance Conn. View insider buying and selling activity for Charter Communications.

Which major investors are buying Charter Communications stock?

CHTR stock was purchased by a variety of institutional investors in the last quarter, including Norges Bank, Massachusetts Financial Services Co. MA, Capital International Investors, Principal Financial Group Inc., Bessemer Group Inc., Gladstone Capital Management LLP, Prudential Financial Inc., and Cannell Peter B & Co. Inc.. 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 $439.70.

How big of a company is Charter Communications?

Charter Communications has a market capitalization of $92.33 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. 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:  2.5 out of 5 (star star half star)
Outperform Votes:  661 (Vote Outperform)
Underperform Votes:  644 (Vote Underperform)
Total Votes:  1,305
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 3/29/2020 by MarketBeat.com Staff

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