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
Phone203-905-7801
Debt
Current Ratio0.23
Quick Ratio0.23
Price-To-Earnings
Sales & Book Value
Annual Sales$41.58 billion
Price / Sales1.62
Price / Cash Flow6.23
Price / Book1.47
Profitability
Net Income$9.90 billion
Net Margins24.39%
Return on Assets0.76%
Miscellaneous
Employees94,800
OptionableOptionable
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, October, 26th. The company reported $2.11 EPS for the quarter, topping the consensus estimate of $1.05 by $1.06. The firm had revenue of $10.89 billion for the quarter, compared to analysts' expectations of $10.93 billion. Charter Communications had a net margin of 24.39% and a return on equity of 2.39%. The company's revenue for the quarter was up 4.1% on a year-over-year basis. During the same period in the previous year, the firm posted $0.19 EPS. View Charter Communications' Earnings History.
When is Charter Communications' next earnings date?
What price target have analysts set for CHTR?
19 brokers have issued 1 year target prices for Charter Communications' stock. Their predictions range from $259.00 to $450.00. On average, they anticipate Charter Communications' share price to reach $359.6667 in the next year. This suggests a possible upside of 22.4% from the stock's current price. View Analyst Price Targets for Charter Communications.
What is the consensus analysts' recommendation for Charter Communications?
19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Charter Communications in the last year. There are currently 1 sell rating, 5 hold ratings, 12 buy ratings and 1 strong buy rating 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 its diversified portfolio offerings that includes video, voice services and Internet. Increasing Internet subscriber base is also a key catalyst for the company. Additionally, the partnership with Comcast to develop back-end software to support services for Xfinity mobile offering is significantly positive. The collaboration is cost-saving to the company. Moreover, Charter is expected to benefit from the launch of Spectrum Mobile service under mobile virtual network operator (MVNO) reseller agreement with Verizon. Notably, its shares have outperformed the industry over the past year. 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." (1/8/2019)
- 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)
Has Charter Communications been receiving favorable news coverage?
Media stories about CHTR stock have trended somewhat negative this week, according to InfoTrie Sentiment Analysis. The research firm ranks the sentiment of press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded 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 -1.2 on InfoTrie's scale. They also assigned media headlines about the company a news buzz of 5.0 out of 10, meaning that recent press coverage is somewhat likely to have an effect on the company's share price in the next few days.
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), Rogers Communications (RCI), Liberty Global (LBTYB), Liberty Global (LBTYA), Liberty Global (LBTYK), Discovery Communications (DISCA), Liberty Broadband Corp Series C (LBRDK), Liberty Broadband Corp Series A (LBRDA), Discovery Inc Series C (DISCK), DISH Network (DISH), Altice USA (ATUS), Viacom (VIAB) and Shaw Communications (SJR).
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 institutional and retail investors. Top institutional investors include Gulf International Bank UK Ltd (0.02%), State of Alaska Department of Revenue (0.01%), Boston Advisors LLC (0.01%), DNB Asset Management AS (0.01%), Norman Fields Gottscho Capital Management LLC (0.00%) and Louisiana State Employees Retirement System (0.00%). Company insiders that own Charter Communications stock include Christopher L Winfrey, Craig A Jacobson, David C Merritt, John Bickham, 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 Gulf International Bank UK Ltd, Greystone Investment Management LLC, Louisiana State Employees Retirement System, DNB Asset Management AS, YHB Investment Advisors Inc., Gateway Investment Advisers LLC, CENTRAL TRUST Co and TRUE Private Wealth Advisors. Company insiders that have sold Charter Communications company stock in the last year include John Bickham, 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 acquired by a variety of institutional investors in the last quarter, including Boston Advisors LLC, QUANTRES ASSET MANAGEMENT Ltd, Vigilant Capital Management LLC, CX Institutional, Cozad Asset Management Inc., Norman Fields Gottscho Capital Management LLC and State of Alaska Department of Revenue. 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 $293.81.
How big of a company is Charter Communications?
Charter Communications has a market capitalization of $66.74 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.
