Discovery, Inc operates as a media company worldwide. The company operates through two segments, U.S. Networks and International Networks. The company owns and operates various television networks under the Discovery Channel, TLC, Animal Planet, Investigation Discovery, Science Channel, MotorTrend, Food Network, HGTV, Travel Channel, TVN, DIY Network, Cooking Channel, Discovery Family Channel, American Heroes Channel, Destination America, Discovery Life, Discovery en Espanol, Discovery Familia, Great American Country, the Oprah Winfrey Network, Eurosport, Discovery Kids, DMAX, and Discovery Home & Health brands, as well as other regional television networks.
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Industry, Sector and Symbol
Industry Cable & other pay television services
Sub-IndustryBroadcasting
SectorConsumer Discretionary
Phone240-662-2000
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$10.55 billion
Profitability
Miscellaneous
Employees9,000
Next Earnings Date11/14/2019 (Estimated)
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 were Discovery Communications' earnings last quarter?
Discovery Communications Inc. (NASDAQ:DISCA) released its quarterly earnings data on Tuesday, August, 6th. The company reported $0.98 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.99 by $0.01. The business earned $2.89 billion during the quarter, compared to the consensus estimate of $2.89 billion. Discovery Communications had a net margin of 15.62% and a return on equity of 21.53%. Discovery Communications's quarterly revenue was up 1.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.77 EPS. View Discovery Communications' Earnings History.
When is Discovery Communications' next earnings date?
What price target have analysts set for DISCA?
12 equities research analysts have issued 1-year target prices for Discovery Communications' shares. Their predictions range from $27.00 to $42.00. On average, they expect Discovery Communications' stock price to reach $35.5417 in the next twelve months. This suggests a possible upside of 31.6% from the stock's current price. View Analyst Price Targets for Discovery Communications.
What is the consensus analysts' recommendation for Discovery Communications?
12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Discovery Communications in the last year. There are currently 4 hold ratings and 8 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's shares have outperformed the industry over the past year. 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. Additionally, the Scripps buyout has expanded Discovery’s product portfolio significantly. Moreover, 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. Notably, estimates have been stable over the past seven days ahead of the company's Q4 earnings release. The company has positive record of earnings surprise in the recent quarters. However, higher restructuring costs related to Scripps acquisition are dragging down profitability." (2/5/2019)
- 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?
Media headlines about DISCA stock have trended positive on Sunday, InfoTrie Sentiment reports. InfoTrie scores the sentiment of media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Discovery Communications earned a coverage optimism score of 2.5 on InfoTrie's scale. They also gave headlines about the company a news buzz of 6.0 out of 10, indicating that recent media coverage is somewhat likely to have an impact on the stock's share price in the immediate future. View News Stories for Discovery Communications.
Are investors shorting Discovery Communications?
Discovery Communications saw a increase in short interest during the month of July. As of July 15th, there was short interest totalling 31,618,700 shares, an increase of 10.8% from the June 15th total of 28,527,100 shares. Based on an average trading volume of 3,980,000 shares, the short-interest ratio is presently 7.9 days. Approximately 20.9% of the shares of the company are short sold. View Discovery Communications' Current Options Chain.
Who are some of Discovery Communications' key competitors?
Some companies that are related to Discovery Communications include Rogers Communications (RCI), Liberty Global (LBTYB), Liberty Global (LBTYA), Liberty Global (LBTYK), Liberty Broadband Corp Series C (LBRDK), Liberty Broadband Corp Series A (LBRDA), Altice USA (ATUS), Roku (ROKU), DISH Network (DISH), Discovery Inc Series C (DISCK), Viacom (VIAB), Shaw Communications (SJR), Cable One (CABO), Qurate Retail Inc Series B (QRTEB) and Liberty Latin America (LILA).
What other stocks do shareholders of Discovery Communications own?
Who are Discovery Communications' key executives?
Discovery Communications' management team includes the folowing people:
- Mr. David M. Zaslav, Pres, CEO & Director (Age 59)
- Dr. Gunnar Wiedenfels, Chief Financial Officer (Age 42)
- Mr. Bruce L. Campbell, Chief Devel., Distribution & Legal Officer (Age 52)
- Mr. Peter T. Faricy, Chief Exec. Officer of Global Direct-to-Consumer (Age 53)
- Mr. Jean-Briac Perrette, CEO & Pres of Discovery Networks International (Age 48)
Who are Discovery Communications' major shareholders?
Discovery Communications' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (3.68%), BlackRock Inc. (2.04%), BlackRock Inc. (1.99%), JPMorgan Chase & Co. (1.87%), Smead Capital Management Inc. (0.87%) and Wells Fargo & Company MN (0.66%). 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.
Which major investors are selling Discovery Communications stock?
DISCA stock was sold by a variety of institutional investors in the last quarter, including Bank of America Corp DE, JPMorgan Chase & Co., Man Group plc, Janus Henderson Group PLC, Janus Henderson Group PLC, UBS Group AG, Korea Investment CORP and Teacher Retirement System of Texas. Company insiders that have sold Discovery Communications company stock in the last year include Bruce Campbell, Daniel E Sanchez, 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 purchased by a variety of institutional investors in the last quarter, including Vanguard Group Inc., Rothschild & Co. Asset Management US Inc., Nuveen Asset Management LLC, Wells Fargo & Company MN, Goldentree Asset Management LP, Robeco Institutional Asset Management B.V., AQR Capital Management LLC and Amundi Pioneer Asset Management Inc.. 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.
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 $27.01.
How big of a company is Discovery Communications?
Discovery Communications has a market capitalization of $14.52 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.
What is Discovery Communications' official website?
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)
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.
