NASDAQ:DISCA - Discovery Communications Stock Price, News, & Analysis

Discovery Communications trades on the NASDAQ under the ticker symbol "DISCA."

Discovery Communications announced that its Board of Directors has authorized a share buyback program on Monday, July 31st 2017, which allows the company to buyback shares, according to EventVestor. This buyback authorization allows the company to reacquire shares of its stock through open market purchases. Stock buyback programs are often an indication that the company's board of directors believes its shares are undervalued.

Discovery Communications Inc. (NASDAQ:DISCA) announced its quarterly earnings data on Thursday, November, 8th. The company reported $0.52 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.62 by $0.10. The business had revenue of $2.59 billion for the quarter, compared to analysts' expectations of $2.60 billion. Discovery Communications had a negative net margin of 8.52% and a positive return on equity of 17.05%. The firm's revenue for the quarter was up 57.0% compared to the same quarter last year. During the same period last year, the business earned $0.43 EPS. View Discovery Communications' Earnings History.

Discovery Communications is scheduled to release their next quarterly earnings announcement on Tuesday, February 26th 2019. View Earnings Estimates for Discovery Communications.

16 analysts have issued twelve-month price objectives for Discovery Communications' shares. Their forecasts range from $20.00 to $40.00. On average, they anticipate Discovery Communications' share price to reach $32.6333 in the next twelve months. This suggests a possible upside of 1.6% from the stock's current price. View Analyst Price Targets for Discovery Communications.

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Discovery Communications in the last year. There are currently 1 sell rating, 2 hold ratings and 13 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Discovery Communications.

Media coverage about DISCA stock has been trending somewhat negative this week, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive news coverage by analyzing 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 positive five, with scores closest to five being the most favorable. Discovery Communications earned a media sentiment score of -1.9 on InfoTrie's scale. They also assigned press coverage about the company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the stock's share price in the immediate future.

Discovery Communications saw a increase in short interest in October. As of October 31st, there was short interest totalling 31,450,459 shares, an increase of 7.7% from the October 15th total of 29,188,796 shares. Based on an average daily trading volume, of 4,776,019 shares, the short-interest ratio is currently 6.6 days. Currently, 20.7% of the shares of the stock are short sold. View Discovery Communications' Current Options Chain.

Some companies that are related to Discovery Communications include Rogers Communications (RCI), Liberty Global (LBTYB), Liberty Global (LBTYA), Liberty Global (LBTYK), Discovery Inc Series C (DISCK), Liberty Broadband Corp Series C (LBRDK), Liberty Broadband Corp Series A (LBRDA), DISH Network (DISH), Altice USA (ATUS), Viacom (VIAB), Qurate Retail Inc Series B (QRTEB), Shaw Communications (SJR), ITV PLC/ADR (ITVPY), Cable One (CABO) and Roku (ROKU).

Discovery Communications' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include FMR LLC (2.29%), BlackRock Inc. (1.86%), JPMorgan Chase & Co. (1.26%), Smead Capital Management Inc. (0.98%), New South Capital Management Inc. (0.94%) and Bank of New York Mellon Corp (0.76%). Company insiders that own Discovery Communications stock include Adria Alpert-Romm, Bruce Campbell, David Leavy, Gunnar Wiedenfels, J David Wargo, Jean-Briac Perrette, John C Malone, Kenneth W Lowe, Kurt Wehner, Paul A Gould, Paul J Guagliardo, S Decker Anstrom and Savalle Sims. View Institutional Ownership Trends for Discovery Communications.

DISCA stock was sold by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, JPMorgan Chase & Co., Alliancebernstein L.P., Unigestion Holding SA, Schroder Investment Management Group, New South Capital Management Inc., Reinhart Partners Inc. and BlackRock Inc.. Company insiders that have sold Discovery Communications company stock in the last year include Adria Alpert-Romm, Bruce Campbell, David Leavy, Gunnar Wiedenfels, Jean-Briac Perrette, Kenneth W Lowe, Kurt Wehner and Savalle Sims. View Insider Buying and Selling for Discovery Communications.

DISCA stock was purchased by a variety of institutional investors in the last quarter, including FMR LLC, PNC Financial Services Group Inc., Anavon Capital LLP, Dimensional Fund Advisors LP, Perella Weinberg Partners Capital Management LP, AO Asset Management LP, Silchester International Investors LLP and Janus Henderson Group PLC. Company insiders that have bought Discovery Communications 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.

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.

One share of DISCA stock can currently be purchased for approximately $32.11.

Discovery Communications has a market capitalization of $16.93 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 employs 7,000 workers across the globe.

The official website for Discovery Communications is http://corporate.discovery.com.

Discovery Communications' 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]