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

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

Discovery Communications Inc. (NASDAQ:DISCA) posted its quarterly earnings data on Thursday, November, 7th. The company reported $0.87 earnings per share for the quarter, topping the consensus estimate of $0.82 by $0.05. The firm had revenue of $2.68 billion for the quarter, compared to analysts' expectations of $2.67 billion. Discovery Communications had a net margin of 16.81% and a return on equity of 23.29%. The company's quarterly revenue was up 3.3% compared to the same quarter last year. During the same period in the previous year, the company posted $0.79 EPS. View Discovery Communications' Earnings History.

Discovery Communications is scheduled to release their next quarterly earnings announcement on Thursday, February 27th 2020. View Earnings Estimates for Discovery Communications.

Discovery Communications will be holding an earnings conference call on Thursday, February 27th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

6 Wall Street analysts have issued 12-month price objectives for Discovery Communications' shares. Their forecasts range from $33.00 to $41.00. On average, they anticipate Discovery Communications' stock price to reach $36.67 in the next year. This suggests a possible upside of 14.7% from the stock's current price. View Analyst Price Targets for Discovery Communications.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Discovery Communications in the last year. There are currently 2 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Discovery Communications.

News stories about DISCA stock have trended somewhat positive this week, according to InfoTrie Sentiment. The research group rates the sentiment of press coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Discovery Communications earned a daily sentiment score of 2.0 on InfoTrie's scale. They also assigned headlines about the company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the next few days. View News Stories for Discovery Communications.

Discovery Communications saw a decrease in short interest in December. As of December 31st, there was short interest totalling 41,520,000 shares, a decrease of 6.2% from the December 15th total of 44,250,000 shares. Based on an average trading volume of 3,670,000 shares, the short-interest ratio is presently 11.3 days. Approximately 27.2% of the shares of the stock are short sold. View Discovery Communications' Current Options Chain.

Some companies that are related to Discovery Communications include Liberty Media Formula One Series A (FWONA), Nexstar Media Group (NXST), Sinclair Broadcast Group (SBGI), Central European Media Enterprises (CETV), Entercom Communications (ETM), Entravision Communication (EVC), Saga Communications (SGA), Beasley Broadcast Group (BBGI) and Salem Media Group (SALM).

Based on aggregate information from My MarketBeat watchlists, some companies that other Discovery Communications investors own include Walt Disney (DIS), Netflix (NFLX), Intel (INTC), NVIDIA (NVDA), AT&T (T), Comcast (CMCSA), Cisco Systems (CSCO), Johnson & Johnson (JNJ), Costco Wholesale (COST) and Starbucks (SBUX).

Discovery Communications' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include United Services Automobile Association (0.06%), Centre Asset Management LLC (0.05%), Central Bank & Trust Co. (0.03%), M&R Capital Management Inc. (0.02%), Janney Montgomery Scott LLC (0.02%) and Nisa Investment Advisors LLC (0.02%). Company insiders that own Discovery Communications stock include Adria Alpert-Romm, Bruce Campbell, Daniel E Sanchez, David Leavy, Gunnar Wiedenfels, J David Wargo, Jean-Briac Perrette, John C Malone, Kenneth W Lowe, Kurt Wehner, Peter Faricy 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 DNB Asset Management AS, Centre Asset Management LLC, United Services Automobile Association, Meag Munich Ergo Kapitalanlagegesellschaft MBH, State of Alaska Department of Revenue, Commerzbank Aktiengesellschaft FI, Arden Trust Co and First Hawaiian Bank. Company insiders that have sold Discovery Communications company stock in the last year include Bruce Campbell, Daniel E Sanchez, David Leavy, Jean-Briac Perrette 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 Baxter Bros Inc., Legacy Capital Partners Inc., Janney Montgomery Scott LLC, Tocqueville Asset Management L.P., Northstar Group Inc., M&R Capital Management Inc., Central Bank & Trust Co. and Zurcher Kantonalbank Zurich Cantonalbank . Company insiders that have bought Discovery Communications stock in the last two years include Gunnar Wiedenfels, J David Wargo, John C Malone and Peter Faricy. 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, Robinhood, Fidelity and Charles Schwab.

One share of DISCA stock can currently be purchased for approximately $31.97.

Discovery Communications has a market capitalization of $16.79 billion and generates $10.55 billion in revenue each year. The company earns $594 million in net income (profit) each year or $2.11 on an earnings per share basis. Discovery Communications employs 9,000 workers across the globe.View Additional Information About Discovery Communications.

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]