About Charter Communications (NASDAQ:CHTR)
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
Industry Cable & other pay television services
Sub-IndustryCable & Satellite
SectorConsumer Discretionary
SymbolNASDAQ:CHTR
CUSIP16117M30
Phone203-905-7801
Debt
Debt-to-Equity Ratio1.43
Current Ratio0.21
Quick Ratio0.21
Price-To-Earnings
Trailing P/E Ratio111.48
Forward P/E Ratio73.80
P/E Growth3.54
Sales & Book Value
Annual Sales$41.58 billion
Price / Sales1.69
Cash Flow$46.4167 per share
Price / Cash6.36
Book Value$199.29 per share
Price / Book1.48
Profitability
EPS (Most Recent Fiscal Year)$2.65
Net Income$9.90 billion
Net Margins23.55%
Return on Equity1.15%
Return on Assets0.36%
Miscellaneous
Employees94,800
Outstanding Shares237,460,000
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 quarterly earnings results on Friday, April, 27th. The company reported $0.70 earnings per share for the quarter, beating analysts' consensus estimates of $0.44 by $0.26. The firm earned $10.66 billion during the quarter, compared to the consensus estimate of $10.62 billion. Charter Communications had a net margin of 23.55% and a return on equity of 1.15%. The business's revenue was up 4.9% on a year-over-year basis. During the same period in the prior year, the firm earned $0.57 EPS. View Charter Communications' Earnings History.
When is Charter Communications' next earnings date?
What price target have analysts set for CHTR?
21 equities research analysts have issued twelve-month target prices for Charter Communications' stock. Their predictions range from $254.00 to $450.00. On average, they anticipate Charter Communications' stock price to reach $385.2941 in the next twelve months. 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’s residential and commercial internet and voice customer growth continues to accelerate, which is evident from the revenue growth and subscriber gain. The recently announced partnership with Comcast to develop back-end software to support services for Xfinity and Spectrum mobile offerings is significantly positive for the company’s growth prospects. The collaboration will help in saving costs for both the companies. However, the company continues to struggle due to sluggish growth in a saturated and competitive multi-channel U.S. video market. Charter also faces stiff competition from online TV streaming service providers. We also view the company's high debt level and consolidation-related woes as potential hazards. Shares have declined on a year-to-date basis." (4/23/2018)
- 2. Pivotal Research analysts commented, "We don’t view the CHTR investment thesis as rocket science, we see massive operational/synergistic upside that will overwhelm slowing PayTV/competitive market concerns. It is also very important to understand (as highlighted by the $13B in share repurchase activity in ‘17) that CHTR is effectively a public LBO that we estimate, at current share price levels, is able to retire all of the float (ex Liberty and Newhouse) by ’22 or 70+% of the total FD share count by maintaining leverage at ~4.5X and using excess cash flow to retire stock. This should act as a continual wind at the back of CHTR shares over a multi-year period. In addition, recall that Rutledge is very well incented to drive CHTR shares to the ~$600 level." (2/5/2018)
Are investors shorting Charter Communications?
Charter Communications saw a increase in short interest in May. As of May 15th, there was short interest totalling 10,957,253 shares, an increase of 23.7% from the April 30th total of 8,860,583 shares. Based on an average trading volume of 1,901,218 shares, the days-to-cover ratio is presently 5.8 days. Currently, 6.3% of the company's stock are sold short.
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 Inc Class A (FOXA), Time Warner (TWX), Liberty Global PLC Class B (LBTYB), Rogers Communications Inc. Class B (RCI), Liberty Global PLC Class A (LBTYA), Liberty Global PLC Class C (LBTYK), DISH Network (DISH), DISCOVERY COMMUNICATIONS INC. Common Stock (DISCA), Liberty Broadband Corp Series C (LBRDK), Liberty Broadband Corp Series A (LBRDA), Discovery Communications (DISCK), Altice USA (ATUS) and Viacom, Inc. Class B (VIAB).
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)
Has Charter Communications been receiving favorable news coverage?
News headlines about CHTR stock have trended somewhat positive on Monday, Accern Sentiment reports. Accern scores the sentiment of press coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Charter Communications earned a daily sentiment score of 0.17 on Accern's scale. They also gave media coverage about the company an impact score of 43.87 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the near term.
Who are Charter Communications' major shareholders?
Charter Communications' stock is owned by a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (4.77%), Franklin Resources Inc. (1.18%), Veritas Asset Management LLP (1.12%), Dimensional Fund Advisors LP (0.96%), Northern Trust Corp (0.88%) and Legal & General Group Plc (0.35%). Company insiders that own Charter Communications stock include Christopher L Winfrey, Craig A Jacobson, David C Merritt, Jonathan Hargis and Mauricio Ramos. 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 Winslow Capital Management LLC, BlackRock Inc., Triple Frond Partners LLC, Wells Fargo & Company MN, Marble Arch Investments LP, Northern Trust Corp, California Public Employees Retirement System and Swiss National Bank. View Insider Buying and Selling for Charter Communications.
Which institutional investors are buying Charter Communications stock?
CHTR stock was acquired by a variety of institutional investors in the last quarter, including Farallon Capital Management LLC, Summit Trail Advisors LLC, Criterion Capital Management LLC, Millennium Management LLC, Slate Path Capital LP, State of Wisconsin Investment Board, BloombergSen Inc. and GFI Investment Counsel Ltd.. Company insiders that have bought Charter Communications stock in the last two years include Christopher L Winfrey, David C Merritt and Mauricio Ramos. 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 $294.64.
How big of a company is Charter Communications?
Charter Communications has a market capitalization of $70.57 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.
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 (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.
