Discovery Stock Forecast, Price & News

19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Discovery in the last twelve months. There are currently 2 sell ratings, 10 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street 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.
View analyst ratings for Discovery or view top-rated stocks.

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Discovery saw a decrease in short interest in the month of January. As of January 29th, there was short interest totaling 45,520,000 shares, a decrease of 21.6% from the January 14th total of 58,070,000 shares. Based on an average daily trading volume, of 8,280,000 shares, the days-to-cover ratio is presently 5.5 days. Currently, 29.5% of the shares of the stock are sold short.
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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) posted its quarterly earnings data on Sunday, February, 21st. The company reported $0.76 EPS for the quarter, topping the consensus estimate of $0.72 by $0.04. The firm had revenue of $2.88 billion for the quarter, compared to the consensus estimate of $2.83 billion. Discovery had a trailing twelve-month return on equity of 20.76% and a net margin of 13.36%. The business's revenue was up .3% on a year-over-year basis. During the same period last year, the company posted $0.98 EPS.
View Discovery's earnings history.

Discovery's stock was trading at $24.06 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, DISCA stock has increased by 155.4% and is now trading at $61.45.
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19 Wall Street analysts have issued 12-month price objectives for Discovery's shares. Their forecasts range from $20.00 to $65.00. On average, they expect Discovery's share price to reach $35.90 in the next year. This suggests that the stock has a possible downside of 41.6%.
View analysts' price targets for Discovery or view top-rated stocks among Wall Street analysts.

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), Salem Media Group (SALM) and Beasley Broadcast Group (BBGI).
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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 Credit Suisse AG (3.01%), BlackRock Inc. (3.00%), Clearbridge Investments LLC (2.63%), Morgan Stanley (1.93%), JPMorgan Chase & Co. (1.72%) and Bank of New York Mellon Corp (0.88%). 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, Peter Faricy and Savalle Sims.
View institutional ownership trends for Discovery.

DISCA stock was sold by a variety of institutional investors in the last quarter, including Clearbridge Investments LLC, BlackRock Inc., JPMorgan Chase & Co., PGGM Investments, Reinhart Partners Inc., Nuveen Asset Management LLC, First Trust Advisors LP, and Wells Fargo & Company MN. Company insiders that have sold Discovery company stock in the last year include Adria Alpert-Romm, David Leavy, Gunnar Wiedenfels, J David Wargo, Jean-Briac Perrette, John C Malone, Kenneth W Lowe, and Savalle Sims.
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DISCA stock was bought by a variety of institutional investors in the last quarter, including Credit Suisse AG, Morgan Stanley, Bank of New York Mellon Corp, Rothschild & Co. Asset Management US Inc., Alliancebernstein L.P., Tredje AP fonden, Amundi Pioneer Asset Management Inc., and Grimes & Company Inc.. 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 $61.45.

Discovery has a market capitalization of $29.95 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 9,200 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]