NASDAQ:DISCA - DISCOVERY COMMUNICATIONS INC. Common Stock Stock Price, News, & Analysis

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$29.55 +1.63 (+5.84 %)
(As of 08/21/2018 04:00 PM ET)
Previous Close$27.92
Today's Range$28.26 - $29.72
52-Week Range$15.99 - $29.72
Volume6.95 million shs
Average Volume5.24 million shs
Market Capitalization$14.08 billion
P/E Ratio13.19
Dividend YieldN/A
Beta1.45
DISCOVERY COMMUNICATIONS INC. Common Stock logoDiscovery, Inc. operates as a media company worldwide. The company operates through U.S. Networks, International Networks, and Education and Other segments. It owns and operates various television networks under the Discovery Channel, TLC, Animal Planet, Investigation Discovery, Science Channel, Velocity, Discovery Family Channel, Destination America, American Heroes Channel, Discovery Life, The Oprah Winfrey Network, Eurosport, Discovery Kids, DMAX, and Discovery Home & Health brands, as well as other regional television networks. The company's content spans genres, including survival, exploration, sports, lifestyle, general entertainment, heroes, adventure, crime and investigation, health, and kids. It also develops and sells curriculum-based education products and services, such as an online suite of curriculum-based video on demand (VOD) tools, professional development services, and digital textbooks, as well as student assessments; and publishes hard copy curriculum-based content for K-12 schools. In addition, the company operates production studios that develop content; and Websites. It provides content through various distribution platforms comprising pay-television, free-to-air and broadcast television, Websites, digital distribution arrangements, and content licensing agreements, as well as various platforms that include brand-aligned Websites, online streaming, mobile devices, VOD, and broadband channels. As of December 31, 2017, the company operated approximately 400 distribution feeds in 40 languages internationally. Discovery, Inc. was founded in 1985 and is headquartered in Silver Spring, Maryland.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Cable & other pay television services
Sub-IndustryBroadcasting
SectorConsumer Discretionary
SymbolNASDAQ:DISCA
CUSIP25470F10
Phone240-662-2000

Debt

Debt-to-Equity Ratio1.84
Current Ratio1.45
Quick Ratio1.45

Price-To-Earnings

Trailing P/E Ratio13.19
Forward P/E Ratio10.86
P/E Growth0.68

Sales & Book Value

Annual Sales$6.87 billion
Price / Sales2.25
Cash Flow$9.7525 per share
Price / Cash3.03
Book Value$8.43 per share
Price / Book3.51

Profitability

EPS (Most Recent Fiscal Year)$2.24
Net Income$-337,000,000.00
Net Margins-8.28%
Return on Equity17.68%
Return on Assets4.59%

Miscellaneous

Employees7,000
Outstanding Shares522,420,000
Market Cap$14.08 billion

DISCOVERY COMMUNICATIONS INC. Common Stock (NASDAQ:DISCA) Frequently Asked Questions

What is DISCOVERY COMMUNICATIONS INC. Common Stock's stock symbol?

DISCOVERY COMMUNICATIONS INC. Common Stock trades on the NASDAQ under the ticker symbol "DISCA."

How will DISCOVERY COMMUNICATIONS INC. Common Stock's stock buyback program work?

DISCOVERY COMMUNICATIONS INC. Common Stock announced that its Board of Directors has initiated a share buyback program on Monday, July 31st 2017, which allows the company to repurchase shares, according to EventVestor. This repurchase authorization allows the company to repurchase shares of its stock through open market purchases. Stock repurchase programs are usually a sign that the company's management believes its stock is undervalued.

How were DISCOVERY COMMUNICATIONS INC. Common Stock's earnings last quarter?

DISCOVERY COMMUNICATIONS INC. Common Stock (NASDAQ:DISCA) issued its quarterly earnings data on Tuesday, August, 7th. The company reported $0.66 EPS for the quarter, missing analysts' consensus estimates of $0.84 by $0.18. The business earned $2.85 billion during the quarter, compared to the consensus estimate of $2.85 billion. DISCOVERY COMMUNICATIONS INC. Common Stock had a positive return on equity of 17.68% and a negative net margin of 8.28%. View DISCOVERY COMMUNICATIONS INC. Common Stock's Earnings History.

When is DISCOVERY COMMUNICATIONS INC. Common Stock's next earnings date?

DISCOVERY COMMUNICATIONS INC. Common Stock is scheduled to release their next quarterly earnings announcement on Thursday, November, 1st 2018. View Earnings Estimates for DISCOVERY COMMUNICATIONS INC. Common Stock.

What price target have analysts set for DISCA?

22 brokers have issued 1-year price objectives for DISCOVERY COMMUNICATIONS INC. Common Stock's shares. Their forecasts range from $19.00 to $35.00. On average, they anticipate DISCOVERY COMMUNICATIONS INC. Common Stock's stock price to reach $27.2105 in the next year. This suggests that the stock has a possible downside of 7.9%. View Analyst Price Targets for DISCOVERY COMMUNICATIONS INC. Common Stock.

What is the consensus analysts' recommendation for DISCOVERY COMMUNICATIONS INC. Common Stock?

22 Wall Street analysts have issued "buy," "hold," and "sell" ratings for DISCOVERY COMMUNICATIONS INC. Common Stock in the last year. There are currently 1 sell rating, 9 hold ratings and 12 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for DISCOVERY COMMUNICATIONS INC. Common Stock.

What are Wall Street analysts saying about DISCOVERY COMMUNICATIONS INC. Common Stock stock?

Here are some recent quotes from research analysts about DISCOVERY COMMUNICATIONS INC. Common Stock stock:
  • 1. Pivotal Research analysts commented, "We continue to rate Discovery stock Hold. Discovery Communications reported tepid underlying growth trends for 2Q18 with company-wide revenues were up +1% with adjusted OIBDA up +5%, both on a pro forma basis. Results were below our expectations, although these figures were in-line with StreetAccount consensus. Pro forma domestic ad revenues and distribution revenues were each only +1% during the quarter. Digital offerings were called out as supporting growth, indicating worse results for traditional TV- related ad revenue. Distribution revenues were impacted by subscriber losses, which the company characterized as continuing to decline by -5% (including a -3% decline for fully distributed networks). US Networks’ domestic OIBDA grew by +1% on pro forma combined basis." (8/7/2018)
  • 2. According to Zacks Investment Research, "Discovery is expected to gain from the buyout of Scripps as its product portfolio has widened significantly. Going ahead, the transaction is expected to be accretive to the combined entity’s adjusted earnings and free cash flow in the very first year following closure. We are also encouraged by Discovery's joint venture with TEN for automotive media. In addition, growth in advertising and distribution revenues bode well for the company. The company has a mixed record of earnings surprises in recent quarters. However, the loss of domestic subscribers remains a major concern. High costs and escalated debt levels represent further challenges for the company's financials. Moreover, shares of Discovery have underperformed the industry on a year-to-date basis." (7/25/2018)
  • 3. Barrington Research analysts commented, "We feel much of the pain in securing these rights has been endured, creating the potential to reap benefits from this point." (5/8/2018)

Are investors shorting DISCOVERY COMMUNICATIONS INC. Common Stock?

DISCOVERY COMMUNICATIONS INC. Common Stock saw a increase in short interest in July. As of July 31st, there was short interest totalling 28,101,864 shares, an increase of 3.2% from the July 13th total of 29,023,710 shares. Based on an average daily trading volume, of 2,969,043 shares, the short-interest ratio is currently 9.5 days. Approximately 18.6% of the company's stock are sold short. View DISCOVERY COMMUNICATIONS INC. Common Stock's Current Options Chain.

Who are some of DISCOVERY COMMUNICATIONS INC. Common Stock's key competitors?

Who are DISCOVERY COMMUNICATIONS INC. Common Stock's key executives?

DISCOVERY COMMUNICATIONS INC. Common Stock's management team includes the folowing people:
  • Gunnar Wiedenfels, Chief Financial Officer (Age 41)
  • Mr. Bruce L. Campbell, Chief Devel., Distribution & Legal Officer (Age 51)
  • Mr. Jean-Briac Perrette, CEO & Pres of Discovery Networks International (Age 47)
  • Mr. David M. Zaslav, Pres, CEO & Director (Age 58)
  • Mr. David C. Leavy, Chief Corp. Operations & Communications Officer (Age 49)

Has DISCOVERY COMMUNICATIONS INC. Common Stock been receiving favorable news coverage?

News headlines about DISCA stock have trended somewhat positive this week, Accern Sentiment Analysis reports. Accern ranks the sentiment of media coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. DISCOVERY COMMUNICATIONS INC. Common Stock earned a media and rumor sentiment score of 0.13 on Accern's scale. They also gave media headlines about the company an impact score of 46.36 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the immediate future. View Recent Headlines for DISCOVERY COMMUNICATIONS INC. Common Stock.

Who are DISCOVERY COMMUNICATIONS INC. Common Stock's major shareholders?

DISCOVERY COMMUNICATIONS INC. Common Stock's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Bank of New York Mellon Corp (1.16%), Strs Ohio (0.32%), Gamco Investors INC. ET AL (0.29%), Schroder Investment Management Group (0.20%), Unigestion Holding SA (0.16%) and Cumberland Partners Ltd (0.13%). Company insiders that own DISCOVERY COMMUNICATIONS INC. Common Stock stock include Adria Alpert-Romm, Bruce Campbell, David Leavy, Gunnar Wiedenfels, J David Wargo, John C Malone, Paul A Gould, Paul J Guagliardo, S Decker Anstrom and Savalle Sims. View Institutional Ownership Trends for DISCOVERY COMMUNICATIONS INC. Common Stock.

Which institutional investors are selling DISCOVERY COMMUNICATIONS INC. Common Stock stock?

DISCA stock was sold by a variety of institutional investors in the last quarter, including Putnam Investments LLC, Korea Investment CORP, Meadow Creek Investment Management LLC, Gamco Investors INC. ET AL, Bank of New York Mellon Corp, Cubic Asset Management LLC, SG Americas Securities LLC and Princeton Portfolio Strategies Group LLC. Company insiders that have sold DISCOVERY COMMUNICATIONS INC. Common Stock company stock in the last year include Adria Alpert-Romm, Bruce Campbell, David Leavy and Savalle Sims. View Insider Buying and Selling for DISCOVERY COMMUNICATIONS INC. Common Stock.

Which institutional investors are buying DISCOVERY COMMUNICATIONS INC. Common Stock stock?

DISCA stock was purchased by a variety of institutional investors in the last quarter, including Unigestion Holding SA, Schroder Investment Management Group, CapWealth Advisors LLC, BNP Paribas Arbitrage SA, Cumberland Partners Ltd, grace capital, California Public Employees Retirement System and Douglas Lane & Associates LLC. Company insiders that have bought DISCOVERY COMMUNICATIONS INC. Common Stock stock in the last two years include Gunnar Wiedenfels, J David Wargo, John C Malone, Paul J Guagliardo and S Decker Anstrom. View Insider Buying and Selling for DISCOVERY COMMUNICATIONS INC. Common Stock.

How do I buy shares of DISCOVERY COMMUNICATIONS INC. Common Stock?

Shares of DISCA 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 DISCOVERY COMMUNICATIONS INC. Common Stock's stock price today?

One share of DISCA stock can currently be purchased for approximately $29.55.

How big of a company is DISCOVERY COMMUNICATIONS INC. Common Stock?

DISCOVERY COMMUNICATIONS INC. Common Stock has a market capitalization of $14.08 billion and generates $6.87 billion in revenue each year. The company earns $-337,000,000.00 in net income (profit) each year or $2.24 on an earnings per share basis. DISCOVERY COMMUNICATIONS INC. Common Stock employs 7,000 workers across the globe.

How can I contact DISCOVERY COMMUNICATIONS INC. Common Stock?

DISCOVERY COMMUNICATIONS INC. Common Stock's mailing address is 1 DISCOVERY PLACE, SILVER SPRING MD, 20910. The company can be reached via phone at 240-662-2000 or via email at [email protected]


MarketBeat Community Rating for DISCOVERY COMMUNICATIONS INC. Common Stock (NASDAQ DISCA)

Community Ranking:  1.9 out of 5 (star)
Outperform Votes:  452 (Vote Outperform)
Underperform Votes:  737 (Vote Underperform)
Total Votes:  1,189
MarketBeat's community ratings are surveys of what our community members think about DISCOVERY COMMUNICATIONS INC. Common Stock and other stocks. Vote "Outperform" if you believe DISCA will outperform the S&P 500 over the long term. Vote "Underperform" if you believe DISCA will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 8/21/2018 by MarketBeat.com Staff

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