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 has approved a share repurchase plan on Monday, July 31st 2017, which authorizes the company to buyback outstanding shares, according to EventVestor. This buyback authorization authorizes the company to buy shares of its stock through open market purchases. Shares buyback plans are typically an indication that the company's leadership believes its shares are undervalued.

Discovery Communications Inc. (NASDAQ:DISCA) announced its quarterly earnings results on Tuesday, August, 7th. The company reported $0.66 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.84 by $0.18. The firm earned $2.85 billion during the quarter, compared to analysts' expectations of $2.85 billion. Discovery Communications had a positive return on equity of 17.68% and a negative net margin of 8.28%. View Discovery Communications' Earnings History.

Discovery Communications is scheduled to release their next quarterly earnings announcement on Thursday, November, 1st 2018. View Earnings Estimates for Discovery Communications.

20 analysts have issued 1 year price objectives for Discovery Communications' shares. Their predictions range from $19.00 to $38.00. On average, they expect Discovery Communications' share price to reach $29.0833 in the next twelve months. This suggests that the stock has a possible downside of 7.8%. View Analyst Price Targets for Discovery Communications.

20 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Discovery Communications in the last year. There are currently 1 sell rating, 7 hold ratings and 12 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Discovery Communications.

Discovery Communications saw a decline in short interest in the month of September. As of September 14th, there was short interest totalling 29,811,032 shares, a decline of 4.6% from the August 31st total of 31,237,816 shares. Based on an average daily trading volume, of 4,760,149 shares, the days-to-cover ratio is currently 6.3 days. Approximately 19.7% of the shares of the company are short sold. View Discovery Communications' Current Options Chain.

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

Discovery Communications' stock is owned by a number of of retail and institutional investors. Top institutional investors include Bank of New York Mellon Corp (1.16%), Bank of New York Mellon Corp (1.16%), Northern Trust Corp (0.39%), Strs Ohio (0.32%), Gamco Investors INC. ET AL (0.29%) and Schroder Investment Management Group (0.20%). 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 Putnam Investments LLC, Korea Investment CORP, Meadow Creek Investment Management LLC, Gamco Investors INC. ET AL, Bank of New York Mellon Corp, Bank of New York Mellon Corp, Cubic Asset Management LLC and SG Americas Securities LLC. Company insiders that have sold Discovery Communications company stock in the last year include Adria Alpert-Romm, Bruce Campbell, David Leavy, Jean-Briac Perrette, Kenneth W Lowe, Kurt Wehner and Savalle Sims. View Insider Buying and Selling for Discovery Communications.

DISCA stock was acquired by a variety of institutional investors in the last quarter, including Unigestion Holding SA, Schroder Investment Management Group, Schroder Investment Management Group, CapWealth Advisors LLC, BNP Paribas Arbitrage SA, Northern Trust Corp, Cumberland Partners Ltd and grace capital. 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 $31.55.

Discovery Communications has a market capitalization of $16.61 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]