Discovery Stock Forecast, Price & News

19 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Discovery in the last twelve months. There are currently 4 sell ratings, 9 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" Discovery stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in DISCA, but not buy additional shares or sell existing shares.
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Discovery saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 58,980,000 shares, an increase of 27.1% from the March 15th total of 46,420,000 shares. Based on an average trading volume of 14,480,000 shares, the days-to-cover ratio is currently 4.1 days. Approximately 37.7% of the shares of the company are short sold.
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Discovery is scheduled to release its next quarterly earnings announcement on Wednesday, May 5th 2021.
View our earnings forecast for Discovery.

Discovery, Inc. (NASDAQ:DISCA) issued its quarterly earnings results on Sunday, February, 21st. The company reported $0.76 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.72 by $0.04. The business earned $2.88 billion during the quarter, compared to analyst estimates of $2.83 billion. Discovery had a net margin of 13.36% and a trailing twelve-month return on equity of 20.76%. The company's revenue was up .3% on a year-over-year basis. During the same quarter last year, the business posted $0.98 earnings per share.
View Discovery's earnings history.

Discovery's stock was trading at $24.06 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, DISCA stock has increased by 55.2% and is now trading at $37.34.
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19 brokerages have issued twelve-month target prices for Discovery's stock. Their forecasts range from $20.00 to $67.00. On average, they anticipate Discovery's stock price to reach $39.05 in the next year. This suggests a possible upside of 4.6% from the stock's current price.
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498 employees have rated Discovery CEO David M. Zaslav on Glassdoor.com. David M. Zaslav has an approval rating of 76% among Discovery's employees.

Some companies that are related to Discovery include Formula One Group (FWONA), Nexstar Media Group (NXST), Sinclair Broadcast Group (SBGI), Entercom Communications (ETM), Entravision Communications (EVC), Beasley Broadcast Group (BBGI) and Salem Media Group (SALM).
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Discovery trades on the NASDAQ under the ticker symbol "DISCA."

Discovery's stock is owned by a variety of retail and institutional investors. Top institutional investors include Scout Investments Inc. (0.11%), Loring Wolcott & Coolidge Fiduciary Advisors LLP MA (0.04%), Moody National Bank Trust Division (0.04%), Thompson Investment Management Inc. (0.04%), M&R Capital Management Inc. (0.03%) and Rothschild Investment Corp IL (0.02%). Company insiders that own Discovery stock include Adria Alpert-Romm, Advance Long-Term Management T, Bruce Campbell, Daniel E Sanchez, David Leavy, Gunnar Wiedenfels, J David Wargo, Jean-Briac Perrette, John C Malone, Kenneth W Lowe, Lori C Locke, Peter Faricy, Robert R Beck and Savalle Sims.
View institutional ownership trends for Discovery.

DISCA stock was sold by a variety of institutional investors in the last quarter, including Pacer Advisors Inc., RBA Wealth Management LLC, Thompson Investment Management Inc., Signature Estate & Investment Advisors LLC, Corrado Advisors LLC, Rothschild Investment Corp IL, Loring Wolcott & Coolidge Fiduciary Advisors LLP MA, and TSP Capital Management Group LLC. Company insiders that have sold Discovery company stock in the last year include Adria Alpert-Romm, David Leavy, Gunnar Wiedenfels, Jean-Briac Perrette, John C Malone, Kenneth W Lowe, Lori C Locke, Robert R Beck, and Savalle Sims.
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DISCA stock was acquired by a variety of institutional investors in the last quarter, including Scout Investments Inc., Moulton Wealth Management Inc., R.H. Dinel Investment Counsel Inc., Gateway Investment Advisers LLC, Everence Capital Management Inc., M&R Capital Management Inc., Carnegie Capital Asset Management LLC, and Security National Bank. Company insiders that have bought Discovery stock in the last two years include John C Malone, and Peter Faricy.
View insider buying and selling activity for Discovery or or view top insider-buying stocks.

Shares of DISCA can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of DISCA stock can currently be purchased for approximately $37.34.

Discovery has a market capitalization of $18.20 billion and generates $11.14 billion in revenue each year. The company earns $2.07 billion in net income (profit) each year or $3.69 on an earnings per share basis.

Discovery employs 9,800 workers across the globe.

Discovery was founded in 1985.

The official website for Discovery is corporate.discovery.com.

Discovery is headquartered at 8403 COLESVILLE ROAD, SILVER SPRING MD, 20910.

Discovery's mailing address is 8403 COLESVILLE ROAD, SILVER SPRING MD, 20910. The company can be reached via phone at 240-662-2000 or via email at [email protected]