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

Sign in or create an account to add this stock to your watchlist.
$29.09 +0.03 (+0.10 %)
(As of 02/21/2019 07:04 AM ET)
Previous Close$29.06
Today's Range$28.8001 - $29.29
52-Week Range$20.59 - $34.89
Volume1.92 million shs
Average Volume3.83 million shs
Market Capitalization$15.23 billion
P/E Ratio12.99
Dividend YieldN/A
Beta1.38
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.

Receive DISCA News and Ratings via Email

Sign-up to receive the latest news and ratings for DISCA and its competitors with MarketBeat's FREE daily newsletter.

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$8.8960 per share
Book Value$8.43 per share

Profitability

Net Income$-337,000,000.00

Miscellaneous

Employees7,000
Market Cap$15.23 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 approved a share buyback plan on Monday, July 31st 2017, which authorizes the company to repurchase outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to reacquire shares of its stock through open market purchases. Shares repurchase plans are typically a sign that the company's board of directors believes its stock is undervalued.

How were Discovery Communications' earnings last quarter?

Discovery Communications Inc. (NASDAQ:DISCA) released its 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 earned $2.85 billion during the quarter, compared to analyst estimates of $2.85 billion. Discovery Communications had a negative net margin of 8.52% and a positive return on equity of 17.05%. 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?

17 Wall Street analysts have issued twelve-month price targets for Discovery Communications' stock. Their predictions range from $20.00 to $42.00. On average, they expect Discovery Communications' stock price to reach $32.6563 in the next twelve months. This suggests a possible upside of 12.3% from the stock's current price. View Analyst Price Targets for Discovery Communications.

What is the consensus analysts' recommendation for Discovery Communications?

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Discovery Communications in the last year. There are currently 4 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'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?

News coverage about DISCA stock has been trending somewhat negative recently, InfoTrie Sentiment reports. InfoTrie ranks the sentiment of media coverage by reviewing more than six thousand blog and news sources in real time. 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 -1.0 on InfoTrie's scale. They also assigned headlines about the company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the company's share price in the immediate future.

Are investors shorting Discovery Communications?

Discovery Communications saw a increase in short interest during the month of January. As of January 31st, there was short interest totalling 25,762,921 shares, an increase of 4.5% from the January 15th total of 26,979,994 shares. Based on an average trading volume of 3,896,914 shares, the days-to-cover ratio is presently 6.6 days. Approximately 17.0% of the shares of the company are sold short. 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 a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (2.08%), Smead Capital Management Inc. (0.93%), New South Capital Management Inc. (0.87%), Oregon Public Employees Retirement Fund (0.56%), Geode Capital Management LLC (0.52%) and Dimensional Fund Advisors LP (0.42%). 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 Bank of New York Mellon Corp, Lord Abbett & CO. LLC, New South Capital Management Inc., Strs Ohio, Smead Capital Management Inc., Amundi Pioneer Asset Management Inc., PNC Financial Services Group Inc. and Reinhart Partners Inc.. 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 Oregon Public Employees Retirement Fund, BlackRock Inc., Toronto Dominion Bank, First Trust Advisors LP, Geode Capital Management LLC, Velanne Asset Management Ltd, Two Sigma Investments LP and Duality Advisers LP. 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 $29.09.

How big of a company is Discovery Communications?

Discovery Communications has a market capitalization of $15.23 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:  507 (Vote Outperform)
Underperform Votes:  786 (Vote Underperform)
Total Votes:  1,293
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 2/21/2019 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel