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, spectrum guide services, and a package of basic video programming, 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; 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 music, Web hosting, email and security, and multi-line telephone services, as well as Web-based service management; 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; and security and home management services, as well as owns and operates regional sports networks and local sports, news, and lifestyle channels. As of December 31, 2017, the company served approximately 27.2 million residential and business customers. Charter Communications, Inc. was founded in 1999 and is based in Stamford, Connecticut.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Cable & other pay television services
Sub-IndustryCable & Satellite
SectorConsumer Discretionary
SymbolNASDAQ:CHTR
CUSIP16117M30
Phone203-905-7801
Debt
Debt-to-Equity Ratio1.46
Current Ratio0.20
Quick Ratio0.20
Price-To-Earnings
Trailing P/E Ratio120.32
Forward P/E Ratio71.81
P/E Growth1.94
Sales & Book Value
Annual Sales$41.58 billion
Price / Sales1.77
Cash Flow$45.6385 per share
Price / Cash6.97
Book Value$199.29 per share
Price / Book1.60
Profitability
EPS (Most Recent Fiscal Year)$2.65
Net Income$9.90 billion
Net Margins23.59%
Return on Equity1.45%
Return on Assets0.45%
Miscellaneous
Employees94,800
Outstanding Shares231,860,000
Market Cap$75.56 billion
Charter Communications (NASDAQ:CHTR) Frequently Asked Questions
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) issued its earnings results on Tuesday, July, 31st. The company reported $1.15 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.95 by $0.20. The business had revenue of $10.85 billion for the quarter, compared to analyst estimates of $10.83 billion. Charter Communications had a net margin of 23.59% and a return on equity of 1.45%. The company's revenue for the quarter was up 4.8% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.52 EPS. View Charter Communications' Earnings History.
When is Charter Communications' next earnings date?
How can I listen to Charter Communications' earnings call?
Charter Communications will be holding an earnings conference call on Friday, October 26th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8669190894.
What price target have analysts set for CHTR?
17 brokers have issued 1 year target prices for Charter Communications' shares. Their predictions range from $259.00 to $450.00. On average, they expect Charter Communications' stock price to reach $364.00 in the next year. This suggests a possible upside of 14.4% from the stock's current price. View Analyst Price Targets for Charter Communications.
What is the consensus analysts' recommendation for Charter Communications?
17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Charter Communications in the last year. There are currently 1 sell rating, 4 hold ratings and 12 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings 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. According to Zacks Investment Research, "Charter is benefiting from subscriber growth in residential and commercial internet and voice segment. The partnership with Comcast to develop back-end software to support services for Xfinity mobile offering is significantly positive. The collaboration will help in saving costs. Moreover, the launch of Spectrum Mobile service under mobile virtual network operator (MVNO) reseller agreement with Verizon is positive for the company. Meanwhile, estimates have been stable lately ahead of the company’s Q3 earnings release. The company has mixed record of earnings surprises in recent quarters. Shares have outperformed the industry on a year-to-date basis. However, Charter continues to struggle due to a saturated and competitive multi-channel U.S. video market. The company is also facing stiff competition from online TV streaming service providers that is hurting top-line growth." (10/16/2018)
- 2. Pivotal Research analysts commented, "We continue to conservatively forecast $1.7B in wireless spend through ’20. Our free cash flow per share in ’22 is $70 FD share. At our new YE’19 target price, CHTR would trade at 18X ’19 FCF (21X AT) vs. 14X currently (16X AT) currently." (7/31/2018)
Are investors shorting Charter Communications?
Charter Communications saw a decrease in short interest in September. As of September 28th, there was short interest totalling 10,618,388 shares, a decrease of 13.3% from the September 14th total of 12,251,307 shares. Based on an average daily volume of 1,613,951 shares, the days-to-cover ratio is presently 6.6 days. Approximately 6.3% of the shares of the company are sold short. View Charter Communications' Current Options Chain.
Who are some of Charter Communications' key competitors?
Some companies that are related to Charter Communications include Walt Disney (DIS), Comcast (CMCSA), Twenty-First Century Fox (FOXA), Time Warner (TWX), Rogers Communications (RCI), Liberty Global (LBTYB), Liberty Global (LBTYA), Liberty Global PLC Class C (LBTYK), DISH Network (DISH), Discovery Communications (DISCA), Discovery Inc Series C (DISCK), Liberty Broadband Corp Series A (LBRDA), Liberty Broadband Corp Series C (LBRDK), Viacom (VIAB) and Altice USA (ATUS).
Who are Charter Communications' key executives?
Charter Communications' management team includes the folowing people:
- Mr. Thomas M. Rutledge, Chairman & CEO (Age 64)
- Mr. John Bickham, Pres & COO (Age 68)
- Mr. Christopher L. Winfrey, Exec. VP & CFO (Age 42)
- Mr. Kevin D. Howard, Sr. VP of Fin., Controller & Chief Accounting Officer (Age 48)
- Mr. David G. Ellen, Sr. Exec. VP (Age 53)
Who are Charter Communications' major shareholders?
Charter Communications' stock is owned by a number of of retail and institutional investors. Top institutional investors include RWC Asset Management LLP (0.06%), Bank of Montreal Can (0.05%), Aperio Group LLC (0.04%), Nisa Investment Advisors LLC (0.02%), Zweig DiMenna Associates LLC (0.01%) and State of Alaska Department of Revenue (0.01%). Company insiders that own Charter Communications stock include Christopher L Winfrey, Craig A Jacobson, David C Merritt, Jonathan Hargis 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 DNB Asset Management AS, Verde Servicos Internacionais S.A., State of Alaska Department of Revenue, Louisiana State Employees Retirement System, Welch & Forbes LLC, MAI Capital Management, BB&T Corp and World Asset Management Inc. Company insiders that have sold Charter Communications company stock in the last year include Jonathan Hargis and Richard R Dykhouse. View Insider Buying and Selling for Charter Communications.
Which major investors are buying Charter Communications stock?
CHTR stock was bought by a variety of institutional investors in the last quarter, including Bank of Montreal Can, RWC Asset Management LLP, Aperio Group LLC, Zweig DiMenna Associates LLC, Nisa Investment Advisors LLC, Rathbone Brothers plc, Andra AP fonden and Vigilant Capital Management LLC. Company insiders that have bought Charter Communications stock in the last two years include Christopher L Winfrey and David C Merritt. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.
What is Charter Communications' stock price today?
One share of CHTR stock can currently be purchased for approximately $318.10.
How big of a company is Charter Communications?
Charter Communications has a market capitalization of $75.56 billion and generates $41.58 billion in revenue each year. The company earns $9.90 billion in net income (profit) each year or $2.65 on an earnings per share basis. Charter Communications employs 94,800 workers across the globe.
What is Charter Communications' official website?
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)
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.
