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

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

Discovery Communications declared that its Board of Directors has initiated a share repurchase program on Monday, July 31st 2017, which permits the company to buyback outstanding shares, according to EventVestor. This buyback authorization permits the company to purchase shares of its stock through open market purchases. Stock buyback programs are usually an indication that the company's leadership believes its stock is undervalued.

Discovery Communications Inc. (NASDAQ:DISCA) released its quarterly earnings results on Tuesday, August, 7th. The company reported $0.66 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.84 by $0.18. The firm had revenue of $2.85 billion for the quarter, compared to the consensus estimate of $2.85 billion. Discovery Communications had a negative net margin of 8.28% and a positive return on equity of 17.68%. 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 Wall Street analysts have issued 1-year price targets for Discovery Communications' shares. Their predictions range from $19.00 to $38.00. On average, they anticipate Discovery Communications' share price to reach $28.75 in the next year. This suggests that the stock has a possible downside of 10.9%. 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 increase in short interest in August. As of August 31st, there was short interest totalling 31,237,816 shares, an increase of 5.1% from the August 15th total of 29,732,330 shares. Based on an average daily volume of 3,186,374 shares, the days-to-cover ratio is presently 9.8 days. Approximately 20.6% of the company's shares 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 PLC Class B (LBTYB), Liberty Global PLC Class A (LBTYA), Liberty Global PLC Class C (LBTYK), DISH Network (DISH), Liberty Broadband Corp Series A (LBRDA), Liberty Broadband Corp Series C (LBRDK), 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).

Media stories about DISCA stock have trended somewhat positive this week, Accern Sentiment reports. Accern scores the sentiment of news coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Discovery Communications earned a coverage optimism score of 0.18 on Accern's scale. They also assigned press coverage about the company an impact score of 46.57 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the next few days. View Recent Headlines for Discovery Communications.

Discovery Communications' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders 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 $32.26.

Discovery Communications has a market capitalization of $16.50 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.

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]