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

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$29.51 -0.96 (-3.15 %)
(As of 11/20/2018 04:00 PM ET)
Previous Close$30.47
Today's Range$29.1250 - $30.22
52-Week Range$16.98 - $34.89
Volume4.52 million shs
Average Volume4.94 million shs
Market Capitalization$16.46 billion
P/E Ratio13.17
Dividend YieldN/A
Beta1.24
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.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Cable & other pay television services
Sub-IndustryBroadcasting
SectorConsumer Discretionary
Current SymbolNASDAQ:DISCA
Previous Symbol
CUSIP25470F10
Phone240-662-2000

Debt

Debt-to-Equity Ratio1.61
Current Ratio1.01
Quick Ratio1.01

Price-To-Earnings

Trailing P/E Ratio13.17
Forward P/E Ratio11.05
P/E Growth0.44

Sales & Book Value

Annual Sales$6.87 billion
Price / Sales2.25
Cash Flow$8.3362 per share
Price / Cash3.54
Book Value$8.43 per share
Price / Book3.50

Profitability

EPS (Most Recent Fiscal Year)$2.24
Net Income$-337,000,000.00
Net Margins-8.52%
Return on Equity17.05%
Return on Assets4.64%

Miscellaneous

Employees7,000
Outstanding Shares523,500,000
Market Cap$16.46 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 of Directors has approved 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. Shares buyback programs are usually a sign that the company's board of directors believes its shares are undervalued.

How were Discovery Communications' earnings last quarter?

Discovery Communications Inc. (NASDAQ:DISCA) issued its quarterly earnings data on Thursday, November, 8th. The company reported $0.52 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.62 by $0.10. The company earned $2.59 billion during the quarter, compared to analysts' expectations of $2.60 billion. Discovery Communications had a negative net margin of 8.52% and a positive return on equity of 17.05%. The business's quarterly revenue was up 57.0% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.43 EPS. 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 brokers have issued 12-month target prices for Discovery Communications' shares. Their predictions range from $20.00 to $42.00. On average, they anticipate Discovery Communications' stock price to reach $33.0938 in the next twelve months. This suggests a possible upside of 12.1% 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 1 sell rating, 3 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 is suffering from higher restructuring costs related to Scripps acquisition, which is proving to be a drag on profitability. Nevertheless, 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. Improving operating efficiency is a key catalyst. Discovery currently holds the “second largest share of TV viewing” after NBC Universal. The Scripps buyout has expanded Discovery’s product portfolio and marketing reach significantly. Also, the buyout strengthened its international footprint. Increasing availability across linear, digital over-the-top platforms like Hulu, AT&T Watch and Sling is a major growth driver. Shares of Discovery have outperformed the industry on a year-to-date basis." (11/19/2018)
  • 2. Pivotal Research analysts commented, "We continue to rate Discovery stock Sell. Discovery Communications reported tepid underlying growth trends for 3Q18 with company-wide pro forma revenues up +2%. Adjusted pro forma OIBDA was up +18%, aided by ongoing operating improvements, significant restructuring activities – whose costs have totaled $652mm year-to-date, not including $79mm of transaction and integration costs, well ahead of the company’s prior estimate of $600mm for the year – as well as the absence of Bundesliga costs because of the deconsolidation of the company’s German assets. Adjusted EPS came in at $0.52." (11/9/2018)

Has Discovery Communications been receiving favorable news coverage?

News stories about DISCA stock have been trending somewhat positive recently, according to InfoTrie. The research group rates the sentiment of press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Discovery Communications earned a media sentiment score of 1.9 on InfoTrie's scale. They also gave media coverage about the company a news buzz of 7.0 out of 10, indicating that recent press coverage is likely to have an impact on the company's share price in the near future.

Are investors shorting Discovery Communications?

Discovery Communications saw a increase in short interest in the month of October. As of October 31st, there was short interest totalling 31,450,459 shares, an increase of 7.7% from the October 15th total of 29,188,796 shares. Based on an average daily volume of 4,776,019 shares, the days-to-cover ratio is currently 6.6 days. Currently, 20.7% of the company's stock 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 58)
  • 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 C. Leavy, Chief Corp. Operations & Communications Officer (Age 49)

Who are Discovery Communications' major shareholders?

Discovery Communications' stock is owned by many different of retail and institutional investors. Top institutional shareholders include FMR LLC (2.29%), BlackRock Inc. (1.86%), JPMorgan Chase & Co. (1.26%), Smead Capital Management Inc. (0.98%), New South Capital Management Inc. (0.94%) and Bank of New York Mellon Corp (0.76%). 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 institutional 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, JPMorgan Chase & Co., Alliancebernstein L.P., Deutsche Bank AG, Point72 Asset Management L.P., Unigestion Holding SA, Schroder Investment Management Group and New South Capital Management 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 institutional investors are buying Discovery Communications stock?

DISCA stock was purchased by a variety of institutional investors in the last quarter, including FMR LLC, PNC Financial Services Group Inc., Man Group plc, Anavon Capital LLP, Dimensional Fund Advisors LP, Perella Weinberg Partners Capital Management LP, AO Asset Management LP and Silchester International Investors LLP. 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 $29.51.

How big of a company is Discovery Communications?

Discovery Communications has a market capitalization of $16.46 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]very.com.


MarketBeat Community Rating for Discovery Communications (NASDAQ DISCA)

Community Ranking:  2.0 out of 5 (star star)
Outperform Votes:  491 (Vote Outperform)
Underperform Votes:  767 (Vote Underperform)
Total Votes:  1,258
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 11/20/2018 by MarketBeat.com Staff

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