NASDAQ:DISCA - DISCOVERY COMMUNICATIONS INC. Common Stock Stock Price, Price Target & More

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$27.21 +0.04 (+0.15 %)
(As of 06/19/2018 04:27 AM ET)
Previous Close$27.21
Today's Range$26.18 - $27.32
52-Week Range$15.99 - $27.92
Volume7.72 million shs
Average Volume5.78 million shs
Market Capitalization$14.19 billion
P/E Ratio12.15
Dividend YieldN/A
Beta1.49
DISCOVERY COMMUNICATIONS INC. Common Stock logoDiscovery, 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.

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Industry, Sector and Symbol

Industry Cable & other pay television services
Sub-IndustryBroadcasting
SectorConsumer Discretionary
SymbolNASDAQ:DISCA
CUSIP25470F10
Phone240-662-2000

Debt

Debt-to-Equity Ratio2.00
Current Ratio1.83
Quick Ratio1.83

Price-To-Earnings

Trailing P/E Ratio12.15
Forward P/E Ratio10.75
P/E Growth0.68

Sales & Book Value

Annual Sales$6.87 billion
Price / Sales2.07
Cash Flow$8.8922 per share
Price / Cash3.06
Book Value$8.43 per share
Price / Book3.23

Profitability

EPS (Most Recent Fiscal Year)$2.24
Net Income$-337,000,000.00
Net Margins-7.40%
Return on Equity19.34%
Return on Assets5.10%

Miscellaneous

Employees7,000
Outstanding Shares522,140,000

DISCOVERY COMMUNICATIONS INC. Common Stock (NASDAQ:DISCA) Frequently Asked Questions

What is DISCOVERY COMMUNICATIONS INC. Common Stock's stock symbol?

DISCOVERY COMMUNICATIONS INC. Common Stock trades on the NASDAQ under the ticker symbol "DISCA."

How will DISCOVERY COMMUNICATIONS INC. Common Stock's stock buyback program work?

DISCOVERY COMMUNICATIONS INC. Common Stock declared that its Board of Directors has approved a stock repurchase plan on Monday, July 31st 2017, which permits the company to buyback shares, according to EventVestor. This buyback authorization permits the company to reacquire shares of its stock through open market purchases. Shares buyback plans are usually a sign that the company's management believes its stock is undervalued.

How were DISCOVERY COMMUNICATIONS INC. Common Stock's earnings last quarter?

DISCOVERY COMMUNICATIONS INC. Common Stock (NASDAQ:DISCA) posted its earnings results on Tuesday, May, 8th. The company reported $0.53 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.45 by $0.08. The business had revenue of $2.31 billion for the quarter, compared to analyst estimates of $2.24 billion. DISCOVERY COMMUNICATIONS INC. Common Stock had a negative net margin of 7.40% and a positive return on equity of 19.34%. DISCOVERY COMMUNICATIONS INC. Common Stock's quarterly revenue was up 43.0% on a year-over-year basis. During the same quarter last year, the firm posted $0.41 EPS. View DISCOVERY COMMUNICATIONS INC. Common Stock's Earnings History.

When is DISCOVERY COMMUNICATIONS INC. Common Stock's next earnings date?

DISCOVERY COMMUNICATIONS INC. Common Stock is scheduled to release their next quarterly earnings announcement on Monday, July, 30th 2018. View Earnings Estimates for DISCOVERY COMMUNICATIONS INC. Common Stock.

What price target have analysts set for DISCA?

22 brokers have issued 1-year target prices for DISCOVERY COMMUNICATIONS INC. Common Stock's shares. Their predictions range from $18.00 to $30.00. On average, they expect DISCOVERY COMMUNICATIONS INC. Common Stock's share price to reach $26.00 in the next twelve months. View Analyst Ratings for DISCOVERY COMMUNICATIONS INC. Common Stock.

What are Wall Street analysts saying about DISCOVERY COMMUNICATIONS INC. Common Stock stock?

Here are some recent quotes from research analysts about DISCOVERY COMMUNICATIONS INC. Common Stock stock:
  • 1. Pivotal Research analysts commented, "We are updating our Discovery model, raising our target price to $28 on a YE2018 basis from $24 previously, and upgrading the stock from Hold to Buy. While there are many legitimate concerns about the company’s strategic position vs. its peers and around the industry in which it operates, at current trading levels upside potential is too significant to ignore. As well, as a still-relatively smaller player in a consolidating sector, we can imagine benefits to the stock from future M&A activity whether because Discovery is itself eventually bought at a premium or because it acquires other assets and realizes further synergies beyond those generated by the Scripps transaction. A review of our perspective on the company, underlying data and the stock follows in this note." (6/4/2018)
  • 2. According to Zacks Investment Research, "Discovery’s first-quarter 2018 results were mixed. The increase in revenues were driven by higher distribution and advertising revenues. However, declining OIBDA hurt bottom-line Discovery's buyout of Scripps is positive for the company as its product portfolio has widened significantly. Also, this buyout will help the company strengthen its foothold internationally. Going ahead, the transaction is expected to be accretive to the combined entity’s adjusted earnings and free cash flow in the very first year following closure. We are also encouraged by Discovery's joint venture with TEN for automotive media. In addition, growth in advertising and distribution revenues bode well for the company. However, loss of domestic subscribers remains a major concern. High costs and escalated debt levels represent further challenges. Shares of Discovery have underperformed the industry on a year-to-date basis." (5/23/2018)
  • 3. Barrington Research analysts commented, "We feel much of the pain in securing these rights has been endured, creating the potential to reap benefits from this point." (5/8/2018)

Are investors shorting DISCOVERY COMMUNICATIONS INC. Common Stock?

DISCOVERY COMMUNICATIONS INC. Common Stock saw a increase in short interest in May. As of May 31st, there was short interest totalling 33,135,570 shares, an increase of 11.9% from the May 15th total of 29,623,945 shares. Based on an average daily trading volume, of 4,963,951 shares, the days-to-cover ratio is presently 6.7 days. Approximately 21.8% of the company's stock are short sold.

Who are some of DISCOVERY COMMUNICATIONS INC. Common Stock's key competitors?

Who are DISCOVERY COMMUNICATIONS INC. Common Stock's key executives?

DISCOVERY COMMUNICATIONS INC. Common Stock's management team includes the folowing people:
  • Gunnar Wiedenfels, Chief Financial Officer (Age 41)
  • Mr. Bruce L. Campbell, Chief Devel., Distribution & Legal Officer (Age 51)
  • Mr. Jean-Briac Perrette, CEO & Pres of Discovery Networks International (Age 47)
  • Mr. David M. Zaslav, Pres, CEO & Director (Age 58)
  • Mr. David C. Leavy, Chief Corp. Operations & Communications Officer (Age 49)

Has DISCOVERY COMMUNICATIONS INC. Common Stock been receiving favorable news coverage?

Media headlines about DISCA stock have been trending somewhat positive on Tuesday, Accern Sentiment reports. The research group identifies positive and negative press coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. DISCOVERY COMMUNICATIONS INC. Common Stock earned a daily sentiment score of 0.15 on Accern's scale. They also assigned news stories about the company an impact score of 46.19 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the near future.

Who are DISCOVERY COMMUNICATIONS INC. Common Stock's major shareholders?

DISCOVERY COMMUNICATIONS INC. Common Stock's stock is owned by many different of retail and institutional investors. Top institutional investors include New South Capital Management Inc. (1.45%), Smead Capital Management Inc. (1.16%), Millennium Management LLC (0.55%), Wells Fargo & Company MN (0.53%), Dimensional Fund Advisors LP (0.50%) and Northern Trust Corp (0.49%). Company insiders that own DISCOVERY COMMUNICATIONS INC. Common Stock stock include Adria Alpert-Romm, Bruce Campbell, David Leavy, Gunnar Wiedenfels, J David Wargo, John C Malone, Paul A Gould, Paul J Guagliardo, S Decker Anstrom and Savalle Sims. View Institutional Ownership Trends for DISCOVERY COMMUNICATIONS INC. Common Stock.

Which institutional investors are selling DISCOVERY COMMUNICATIONS INC. Common Stock stock?

DISCA stock was sold by a variety of institutional investors in the last quarter, including Amundi Pioneer Asset Management Inc., Element Capital Management LLC, Jane Street Group LLC, South Dakota Investment Council, Glen Harbor Capital Management LLC, Guggenheim Capital LLC, Gamco Investors INC. ET AL and BNP Paribas Arbitrage SA. Company insiders that have sold DISCOVERY COMMUNICATIONS INC. Common Stock company stock in the last year include Adria Alpert-Romm, Bruce Campbell, David Leavy and Savalle Sims. View Insider Buying and Selling for DISCOVERY COMMUNICATIONS INC. Common Stock.

Which institutional investors are buying DISCOVERY COMMUNICATIONS INC. Common Stock stock?

DISCA stock was acquired by a variety of institutional investors in the last quarter, including Millennium Management LLC, New South Capital Management Inc., JPMorgan Chase & Co., UBS Group AG, Smead Capital Management Inc., AO Asset Management LP, Impax Asset Management LLC and Nuveen Asset Management LLC. Company insiders that have bought DISCOVERY COMMUNICATIONS INC. Common Stock 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 INC. Common Stock.

How do I buy shares of DISCOVERY COMMUNICATIONS INC. Common Stock?

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 INC. Common Stock's stock price today?

One share of DISCA stock can currently be purchased for approximately $27.21.

How big of a company is DISCOVERY COMMUNICATIONS INC. Common Stock?

DISCOVERY COMMUNICATIONS INC. Common Stock has a market capitalization of $14.19 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 INC. Common Stock employs 7,000 workers across the globe.

How can I contact DISCOVERY COMMUNICATIONS INC. Common Stock?

DISCOVERY COMMUNICATIONS INC. Common Stock's 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 INC. Common Stock (DISCA)

Community Ranking:  1.8 out of 5 (star)
Outperform Votes:  396 (Vote Outperform)
Underperform Votes:  699 (Vote Underperform)
Total Votes:  1,095
MarketBeat's community ratings are surveys of what our community members think about DISCOVERY COMMUNICATIONS INC. Common Stock 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 6/19/2018 by MarketBeat.com Staff

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