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

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$27.71 +0.41 (+1.50 %)
(As of 01/21/2019 04:00 PM ET)
Previous Close$27.30
Today's Range$27.21 - $27.8950
52-Week Range$20.59 - $34.89
Volume3.27 million shs
Average Volume3.02 million shs
Market Capitalization$14.51 billion
P/E Ratio12.37
Dividend YieldN/A
Beta1.35
Discovery, 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

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$6.87 billion
Cash Flow$8.8814 per share
Book Value$8.43 per share

Profitability

Net Income$-337,000,000.00

Miscellaneous

Employees7,000
Market Cap$14.51 billion
OptionableOptionable

Discovery Communications (NASDAQ:DISCA) Frequently Asked Questions

What is Discovery Communications' stock symbol?

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

How will Discovery Communications' stock buyback program work?

Discovery Communications declared that its board has initiated a share buyback program on Monday, July 31st 2017, which permits the company to buyback shares, according to EventVestor. This buyback authorization permits the company to reacquire shares of its stock through open market purchases. Stock buyback programs are generally an indication that the company's management believes its shares are undervalued.

How were Discovery Communications' earnings last quarter?

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

When is Discovery Communications' next earnings date?

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

What price target have analysts set for DISCA?

18 Wall Street analysts have issued 12-month target prices for Discovery Communications' shares. Their predictions range from $20.00 to $42.00. On average, they anticipate Discovery Communications' share price to reach $32.6563 in the next twelve months. This suggests a possible upside of 17.9% from the stock's current price. View Analyst Price Targets for Discovery Communications.

What is the consensus analysts' recommendation for Discovery Communications?

18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Discovery Communications in the last year. There are currently 5 hold ratings and 13 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Discovery Communications.

What are Wall Street analysts saying about Discovery Communications stock?

Here are some recent quotes from research analysts about Discovery Communications stock:
  • 1. According to Zacks Investment Research, "Discovery is benefiting from Scripps buyout, which expanded its product portfolio significantly. Additionally, the buyout strengthened Discovery’s international footprint. Increasing availability across linear, digital over-the-top platforms like Hulu, AT&T Watch and Sling is a major growth driver. Moreover, the company is benefiting from strong domestic advertising growth driven by improved ratings, healthy overall pricing, nice growth in TV Everywhere apps and strong execution by the sales and network teams. Improving operating efficiency is also a key catalyst. Further, Discovery currently holds the “second largest share of TV viewing” after NBC Universal. Notably, its shares have outperformed the industry over the past year. However, higher restructuring costs related to Scripps acquisition is dragging down profitability." (1/2/2019)
  • 2. Pivotal Research analysts commented, "We value Discovery using a DCF, with a near-term discount rate of 6.7%, a long-term discount rate of 13.5% and a 2.5% long-term growth rate." (12/6/2018)

Has Discovery Communications been receiving favorable news coverage?

News headlines about DISCA stock have trended very positive recently, InfoTrie reports. The research group identifies negative and positive news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of 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 3.2 on InfoTrie's scale. They also assigned news headlines about the company a news buzz of 4.0 out of 10, meaning that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the near future.

Are investors shorting Discovery Communications?

Discovery Communications saw a drop in short interest in the month of December. As of December 31st, there was short interest totalling 24,800,991 shares, a drop of 11.2% from the December 14th total of 27,939,854 shares. Based on an average daily trading volume, of 4,494,144 shares, the days-to-cover ratio is currently 5.5 days. Currently, 16.3% of the company's stock are short sold. View Discovery Communications' Current Options Chain.

Who are some of Discovery Communications' key competitors?

Who are Discovery Communications' key executives?

Discovery Communications' management team includes the folowing people:
  • Mr. David M. Zaslav, Pres, CEO & Director (Age 59)
  • Gunnar Wiedenfels, Chief Financial Officer (Age 42)
  • Mr. Bruce L. Campbell, Chief Devel., Distribution & Legal Officer (Age 52)
  • Mr. Jean-Briac Perrette, CEO & Pres of Discovery Networks International (Age 48)
  • Mr. David C. Leavy, Chief Corp. Operations & Communications Officer (Age 50)

Who are Discovery Communications' major shareholders?

Discovery Communications' stock is owned by many different of institutional and retail investors. Top institutional shareholders include Nisa Investment Advisors LLC (0.03%), Addenda Capital Inc. (0.02%), Dorsey Wright & Associates (0.02%), Virtu Financial LLC (0.01%), Tealwood Asset Management Inc. (0.01%) and First Citizens Bank & Trust Co. (0.01%). 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.

Which major investors are selling Discovery Communications stock?

DISCA stock was sold by a variety of institutional investors in the last quarter, including DNB Asset Management AS, Tealwood Asset Management Inc. and Louisiana State Employees Retirement System. 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.

Which major investors are buying Discovery Communications stock?

DISCA stock was bought by a variety of institutional investors in the last quarter, including Dorsey Wright & Associates, Virtu Financial LLC, First Citizens Bank & Trust Co., Nisa Investment Advisors LLC, Anderson Hoagland & Co., Landsberg Bennett & Dubbaneh LLC, Addenda Capital Inc. and Simplex Trading LLC. 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.

How do I buy shares of 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.

What is Discovery Communications' stock price today?

One share of DISCA stock can currently be purchased for approximately $27.71.

How big of a company is Discovery Communications?

Discovery Communications has a market capitalization of $14.51 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.

What is Discovery Communications' official website?

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

How can I contact Discovery Communications?

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]


MarketBeat Community Rating for Discovery Communications (NASDAQ DISCA)

Community Ranking:  2.0 out of 5 (star star)
Outperform Votes:  502 (Vote Outperform)
Underperform Votes:  781 (Vote Underperform)
Total Votes:  1,283
MarketBeat's community ratings are surveys of what our community members think about Discovery Communications 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 1/21/2019 by MarketBeat.com Staff

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