Discovery Communications Company Profile (NASDAQ:DISCA)

About Discovery Communications (NASDAQ:DISCA)

Discovery Communications logoDiscovery Communications, Inc. (Discovery) is a global media company. The Company provides content across multiple distribution platforms, including pay-television (pay-TV), free-to-air (FTA) and broadcast television, Websites, digital distribution arrangements and content licensing agreements. Its segments include U.S. Networks, which consists principally of domestic television networks and digital content services; International Networks, consisting primarily of international television networks and digital content services, and Education and Other, which consists principally of curriculum-based product and service offerings, and production studios. The Company's portfolio of networks includes television brands, such as Discovery Channel, Animal Planet, ID, Velocity (known as Turbo outside of the United States) and Eurosport. It is also engaged in extending content distribution across various platforms, including brand-aligned Websites, Web-native networks and online streaming.

Industry, Sector and Symbol:
  • Sector: Consumer Discretionary
  • Industry: Television Broadcasting
  • Sub-Industry: Broadcasting
  • Symbol: NASDAQ:DISCA
  • CUSIP: 25470F10
  • Web: corporate.discovery.com
Capitalization:
  • Market Cap: $11.57 billion
  • Outstanding Shares: 570,000,000
Average Prices:
  • 50 Day Moving Avg: $20.97
  • 200 Day Moving Avg: $24.76
  • 52 Week Range: $18.61 - $30.25
P/E:
  • Trailing P/E Ratio: 10.76
  • Foreward P/E Ratio: 8.15
  • P/E Growth: 0.90
Sales & Book Value:
  • Annual Revenue: $6.59 billion
  • Price / Sales: 1.75
  • Book Value: $9.69 per share
  • Price / Book: 2.09
Profitability:
  • EBITDA: $2.48 billion
  • Net Margins: 16.88%
  • Return on Equity: 22.74%
  • Return on Assets: 7.59%
Debt:
  • Debt-to-Equity Ratio: 1.48%
  • Current Ratio: 1.89%
  • Quick Ratio: 1.89%
Misc:
  • Average Volume: 4.52 million shs.
  • Beta: 1.56
  • Short Ratio: 7.25
 

Frequently Asked Questions for Discovery Communications (NASDAQ:DISCA)

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) issued its quarterly earnings results on Monday, July, 31st. The company reported $0.68 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.72 by $0.04. The business earned $1.75 billion during the quarter, compared to analysts' expectations of $1.76 billion. Discovery Communications had a return on equity of 22.74% and a net margin of 16.88%. The company's quarterly revenue was up 2.2% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.71 EPS. View Discovery Communications' Earnings History.

When will Discovery Communications make its next earnings announcement?

Discovery Communications is scheduled to release their next quarterly earnings announcement on Thursday, November, 2nd 2017. View Earnings Estimates for Discovery Communications.

Where is Discovery Communications' stock going? Where will Discovery Communications' stock price be in 2017?

17 analysts have issued 12-month target prices for Discovery Communications' shares. Their forecasts range from $18.00 to $31.00. On average, they expect Discovery Communications' share price to reach $26.85 in the next twelve months. View Analyst Ratings for Discovery Communications.

What are analysts saying about Discovery Communications stock?

Here are some recent quotes from research analysts about Discovery Communications stock:

  • 1. According to Zacks Investment Research, "Shares of Discovery Communications have underperformed its industry on a year-to-date basis. In fact, the company has been struggling with declining advertisement revenues for quite some time. Adverse foreign currency movements are also hurting the company. Discovery is also a highly leveraged company. Moreover, high costs are expected to hurt bottom-line in the third quarter. Detailed results will be available on Nov 2. The company's decision to buy Scripps Networks is, however, a positive. On materialization, the deal is expected to broaden Discovery's product portfolio, substantially. Discovery's new joint venture with TEN for automotive media is also encouraging. The move marks Discovery's entry into direct-to-consumer offerings. In the face of stiff competition and dwindling advertisement revenues, the media sector is witnessing large scale concentration. " (10/12/2017)
  • 2. FBR & Co analysts commented, "We update our DISCA model ahead of the company’s 1Q17 earnings report, trimming 1Q17, for a debt refinancing charge, but leaving our full-year estimate unchanged, as well as our price target." (4/7/2017)
  • 3. Jefferies Group LLC analysts commented, "DISCA's investment in solar has been a focus for investors. We would note the following; 1) DISCA will likely invest $340M in the partnership in 2017 following $63M in 4Q, 2) DISCA will get ~70% of the return in short order through tax credits (meaning - the net investment is modest), 3) The tax credits on the investment lower the book tax rate from 27% to 20% and the cash tax rate as well, 4) There is no capital commitment beyond 2017 (we assume any further investment in '18+ would be modest), 5) the ROI s/b in the mid teens, 6) due diligence was extensive, and 7) it is highly unlikely that tax reform will impact funds already invested." (2/22/2017)

Are investors shorting Discovery Communications?

Discovery Communications saw a increase in short interest in September. As of September 29th, there was short interest totalling 36,992,211 shares, an increase of 1.0% from the September 15th total of 37,383,248 shares. Based on an average daily volume of 2,824,010 shares, the short-interest ratio is presently 13.1 days. Currently, 24.5% of the company's stock are sold short.

Who are some of Discovery Communications' key competitors?

Who are Discovery Communications' key executives?

Discovery Communications' management team includes the folowing people:

  • David M. Zaslav, President, Chief Executive Officer, Director
  • Gunnar Wiedenfels, Chief Financial Officer
  • Jean-Briac Perrette, President and Chief Executive Officer - Discovery Networks International
  • Adria Alpert-Romm, Chief Human Resources and Global Diversity Officer
  • Kurt T. Wehner, Executive Vice President, Chief Accounting Officer
  • Bruce L. Campbell, Chief Distribution Officer, Chief Development Officer, Chief Legal Officer, General Counsel
  • Paul Guagliardo, Chief Commercial Officer
  • David Leavy, Chief Corporate Operations and Communications Officer
  • S. Decker Anstrom, Independent Director
  • Robert R. Beck, Independent Director

Who owns Discovery Communications stock?

Discovery Communications' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include APG Asset Management N.V. (0.20%), Fisher Asset Management LLC (0.08%), River & Mercantile Asset Management LLP (0.02%), PGGM Investments (0.01%), Douglas Lane & Associates LLC (0.01%) and State Treasurer State of Michigan (0.01%). Company insiders that own Discovery Communications stock include Bruce Campbell, Gunnar Wiedenfels, John C Malone, Paul A Gould, Paul J Guagliardo, Robert Miron and S Decker Anstrom. View Institutional Ownership Trends for Discovery Communications.

Who sold Discovery Communications stock? Who is selling Discovery Communications stock?

Discovery Communications' stock was sold by a variety of institutional investors in the last quarter, including Robeco Institutional Asset Management B.V., Fisher Asset Management LLC, PGGM Investments and State Treasurer State of Michigan. Company insiders that have sold Discovery Communications stock in the last year include Bruce Campbell and Paul A Gould. View Insider Buying and Selling for Discovery Communications.

Who bought Discovery Communications stock? Who is buying Discovery Communications stock?

Discovery Communications' stock was bought by a variety of institutional investors in the last quarter, including APG Asset Management N.V., River & Mercantile Asset Management LLP, Shell Asset Management Co., Mutual of America Capital Management LLC and Douglas Lane & Associates LLC. Company insiders that have bought Discovery Communications stock in the last two years include Gunnar Wiedenfels, Paul J Guagliardo and S Decker Anstrom. View Insider Buying and Selling for Discovery Communications.

How do I buy Discovery Communications stock?

Shares of Discovery Communications can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Discovery Communications' stock price today?

One share of Discovery Communications stock can currently be purchased for approximately $20.29.


MarketBeat Community Rating for Discovery Communications (NASDAQ DISCA)
Community Ranking:  1.7 out of 5 (star)
Outperform Votes:  321 (Vote Outperform)
Underperform Votes:  630 (Vote Underperform)
Total Votes:  951
MarketBeat's community ratings are surveys of what our community members think about Discovery Communications and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Discovery Communications (NASDAQ:DISCA) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 3 Sell Ratings, 11 Hold Ratings, 3 Buy Ratings
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $26.85 (32.31% upside)
Consensus Price Target History for Discovery Communications (NASDAQ:DISCA)
Price Target History for Discovery Communications (NASDAQ:DISCA)
Analysts' Ratings History for Discovery Communications (NASDAQ:DISCA)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/20/2017Royal Bank Of CanadaReiterated RatingBuy$29.00N/AView Rating Details
10/13/2017Barclays PLCLower Price TargetUnderweight$25.00 -> $18.00N/AView Rating Details
10/12/2017Needham & Company LLCReiterated RatingHoldN/AView Rating Details
9/14/2017Credit Suisse GroupUpgradeUnderperform -> Neutral$23.00 -> $22.00HighView Rating Details
9/12/2017Sanford C. BernsteinReiterated RatingUnderperformLowView Rating Details
9/8/2017Cowen and CompanyReiterated RatingHold$25.00LowView Rating Details
8/11/2017Piper Jaffray CompaniesInitiated CoverageNeutral -> Neutral$27.00LowView Rating Details
8/8/2017Pivotal ResearchUpgradeHold -> Buy$28.00LowView Rating Details
8/2/2017Barrington ResearchReiterated RatingMarket PerformLowView Rating Details
8/2/2017MKM PartnersReiterated RatingNeutral$30.00 -> $26.00LowView Rating Details
8/1/2017FBR & CoLower Price TargetMkt Perform -> Mkt Perform$30.00 -> $28.00LowView Rating Details
8/1/2017Citigroup Inc.UpgradeNeutral -> Buy$30.00 -> $29.00LowView Rating Details
7/20/2017Wells Fargo & CompanyInitiated CoverageMarket Perform -> Market Perform$28.00HighView Rating Details
7/14/2017Deutsche Bank AGReiterated RatingHold$32.00 -> $30.00LowView Rating Details
6/16/2017Jefferies Group LLCReiterated RatingHold$28.00LowView Rating Details
6/9/2017Moffett NathansonReiterated RatingSellHighView Rating Details
2/22/2017Loop CapitalDowngradeBuy -> Hold$31.00N/AView Rating Details
11/11/2016ArgusDowngradeBuy -> HoldN/AView Rating Details
10/3/2016NomuraLower Price TargetNeutral$31.00 -> $30.00N/AView Rating Details
8/3/2016MacquarieUpgradeUnderperform -> Neutral$28.76 -> $27.00N/AView Rating Details
7/9/2016J P Morgan Chase & CoReiterated RatingHoldN/AView Rating Details
5/24/2016Morgan StanleyReiterated RatingHold$28.00N/AView Rating Details
4/25/2016Topeka Capital MarketsDowngradeBuy -> Hold$37.00 -> $31.00N/AView Rating Details
2/19/2016Rosenblatt SecuritiesLower Price TargetBuy$40.00 -> $35.00N/AView Rating Details
(Data available from 10/23/2015 forward)

Earnings

Earnings History for Discovery Communications (NASDAQ:DISCA)
Earnings by Quarter for Discovery Communications (NASDAQ:DISCA)
Earnings History by Quarter for Discovery Communications (NASDAQ DISCA)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/30/2017$0.55N/AView Earnings Details
7/31/2017Q2 17$0.72$0.68$1.76 billion$1.75 billionViewN/AView Earnings Details
5/9/2017Q1 2017$0.49$0.41$1.63 billion$1.61 billionViewListenView Earnings Details
2/14/2017Q416$0.47$0.56$1.69 billion$1.67 billionViewListenView Earnings Details
11/1/2016Q316$0.43$0.40$1.58 billion$1.56 billionViewListenView Earnings Details
8/2/2016Q216$0.54$0.71$1.71 billion$1.71 billionViewListenView Earnings Details
5/5/2016Q116$0.41$0.46$1.57 billion$1.56 billionViewListenView Earnings Details
2/18/2016Q415$0.41$0.38$1.68 billion$1.65 billionViewListenView Earnings Details
11/3/2015Q315$0.39$0.47$1.58 billion$1.56 billionViewListenView Earnings Details
8/5/2015Q215$0.48$0.49$1.67 billion$1.65 billionViewListenView Earnings Details
5/5/2015Q115$0.36$0.42$1.54 billion$1.54 billionViewListenView Earnings Details
2/19/2015Q4$0.41$0.43$1.70 billion$1.68 billionViewListenView Earnings Details
11/4/2014Q314$0.41$0.46$1.59 billion$1.57 billionViewListenView Earnings Details
7/31/2014Q214$0.93$1.16$1.60 billion$1.61 billionViewListenView Earnings Details
5/6/2014Q1$0.71$0.75$1.43 billion$1.41 billionViewListenView Earnings Details
2/13/2014Q4$0.89$0.92$1.56 billion$1.54 billionViewListenView Earnings Details
10/31/2013Q313$0.73$0.80$1.39 billion$1.38 billionViewListenView Earnings Details
7/30/2013Q2 2013$0.90$0.82$1.48 million$1.47 millionViewListenView Earnings Details
5/7/2013Q1 2013$0.65$0.63$1.15 million$1.16 millionViewListenView Earnings Details
2/14/2013Q4 2012$0.76$0.61$1.20 billion$1.20 billionViewListenView Earnings Details
11/6/2012Q312$0.63$0.57$1.10 billion$1.08 billionViewN/AView Earnings Details
7/31/2012$0.70$0.76ViewN/AView Earnings Details
5/8/2012$0.59$0.57ViewN/AView Earnings Details
2/16/2012$0.69$0.86ViewN/AView Earnings Details
11/1/2011$0.55$0.59ViewN/AView Earnings Details
8/4/2011$0.61$0.62ViewN/AView Earnings Details
4/28/2011$0.47$0.74ViewN/AView Earnings Details
2/11/2011$0.52$0.48ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Discovery Communications (NASDAQ:DISCA)
2017 EPS Consensus Estimate: $2.33
2018 EPS Consensus Estimate: $2.53
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20174$0.45$0.51$0.49
Q2 20174$0.64$0.73$0.68
Q3 20174$0.55$0.57$0.56
Q4 20174$0.56$0.63$0.60
Q1 20183$0.58$0.60$0.59
Q2 20183$0.74$0.78$0.75
Q3 20183$0.56$0.58$0.57
Q4 20183$0.60$0.64$0.62
Q1 20191$0.63$0.63$0.63
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Discovery Communications (NASDAQ:DISCA)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading and Institutional Ownership History for Discovery Communications (NASDAQ:DISCA)
Insider Ownership Percentage: 6.81%
Institutional Ownership Percentage: 45.83%
Insider Trades by Quarter for Discovery Communications (NASDAQ:DISCA)
Institutional Ownership by Quarter for Discovery Communications (NASDAQ:DISCA)
Insider Trades by Quarter for Discovery Communications (NASDAQ:DISCA)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/18/2017Paul J GuagliardoInsiderBuy10,000$22.71$227,100.00View SEC Filing  
8/15/2017Gunnar WiedenfelsCFOBuy15,000$21.70$325,500.00View SEC Filing  
8/2/2017S Decker AnstromDirectorBuy10,000$23.05$230,500.00View SEC Filing  
8/1/2017Gunnar WiedenfelsCFOBuy20,000$23.01$460,200.00View SEC Filing  
6/15/2017Bruce CampbellInsiderSell9,283$26.43$245,349.69View SEC Filing  
5/10/2017Paul A GouldDirectorSell8,832$25.98$229,455.36View SEC Filing  
5/10/2016John C MaloneDirectorSell183,637$28.04$5,149,181.48View SEC Filing  
4/13/2016John C MaloneDirectorSell15,870$28.00$444,360.00View SEC Filing  
3/18/2016John C MaloneDirectorSell110,493$28.00$3,093,804.00View SEC Filing  
12/16/2015Robert MironDirectorSell820$26.53$21,754.60View SEC Filing  
12/1/2015John C MaloneDirectorSell62,000$29.61$1,835,820.00View SEC Filing  
11/2/2015John C MaloneDirectorSell160,500$28.04$4,500,420.00View SEC Filing  
10/23/2015John C MaloneDirectorSell25,500$28.00$714,000.00View SEC Filing  
4/1/2015John C MaloneDirectorSell62,000$29.66$1,838,920.00View SEC Filing  
1/2/2015John C MaloneDirectorSell62,000$33.53$2,078,860.00View SEC Filing  
9/16/2014Paul A GouldDirectorSell75,000$38.50$2,887,500.00View SEC Filing  
9/11/2014Paul A GouldDirectorSell125,000$39.92$4,990,000.00View SEC Filing  
8/26/2014Kurt WehnerCAOSell7,302$43.62$318,513.24View SEC Filing  
8/4/2014David LeavyInsiderSell7,850$83.60$656,260.00View SEC Filing  
8/1/2014Adria Alpert-RommEVPSell3,409$84.67$288,640.03View SEC Filing  
5/23/2014Robert R BennettDirectorSell91,650$76.27$6,990,145.50View SEC Filing  
3/20/2014Bruce CampbellInsiderSell18,213$84.00$1,529,892.00View SEC Filing  
3/14/2014Robert BennettDirectorSell4,032$84.52$340,784.64View SEC Filing  
12/27/2013John HendricksInsiderSell31,323$88.88$2,783,988.24View SEC Filing  
12/26/2013John HendricksInsiderSell29,456$88.86$2,617,460.16View SEC Filing  
12/24/2013John HendricksInsiderSell14,612$88.90$1,299,006.80View SEC Filing  
10/30/2013John S HendricksInsiderSell35,079$85.93$3,014,338.47View SEC Filing  
10/29/2013John S HendricksInsiderSell5,200$85.81$446,212.00View SEC Filing  
10/28/2013John S HendricksInsiderSell24,863$85.87$2,134,985.81View SEC Filing  
10/25/2013John S HendricksInsiderSell5,879$85.77$504,241.83View SEC Filing  
8/9/2013John MaloneDirectorSell88,790$75.06$6,664,577.40View SEC Filing  
8/8/2013John MaloneDirectorSell45,210$75.74$3,424,205.40View SEC Filing  
7/12/2013John S HendricksInsiderSell15,754$83.91$1,321,918.14View SEC Filing  
7/11/2013John S HendricksInsiderSell169,946$84.08$14,289,059.68View SEC Filing  
7/10/2013John S HendricksInsiderSell7,700$82.78$637,406.00View SEC Filing  
7/9/2013John S HendricksInsiderSell6,600$82.91$547,206.00View SEC Filing  
7/8/2013John S HendricksInsiderSell11,316$81.71$924,630.36View SEC Filing  
7/5/2013John S HendricksInsiderSell118,166$81.04$9,576,172.64View SEC Filing  
7/3/2013John S HendricksInsiderSell170,518$79.79$13,605,631.22View SEC Filing  
7/1/2013Mark G HollingerCEOSell33,727$78.01$2,631,043.27View SEC Filing  
6/28/2013Mark G HollingerCEOSell19,187$77.01$1,477,590.87View SEC Filing  
6/27/2013Mark G HollingerCEOSell10,813$77.01$832,709.13View SEC Filing  
6/17/2013John S HendricksInsiderSell95,500$77.04$7,357,320.00View SEC Filing  
6/14/2013John S HendricksInsiderSell4,500$76.78$345,510.00View SEC Filing  
6/11/2013John S HendricksInsiderSell47,464$73.23$3,475,788.72View SEC Filing  
6/10/2013John S HendricksInsiderSell137,429$74.89$10,292,057.81View SEC Filing  
6/7/2013John S HendricksInsiderSell115,107$76.06$8,755,038.42View SEC Filing  
6/5/2013John S HendricksInsiderSell100,000$76.70$7,670,000.00View SEC Filing  
5/28/2013Bruce CampbellInsiderSell8,282$80.04$662,891.28View SEC Filing  
3/13/2013S Decker AnstromDirectorBuy1,250$77.97$97,462.50View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

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Chart

Discovery Communications (DISCA) Chart for Monday, October, 23, 2017

This page was last updated on 10/23/2017 by MarketBeat.com Staff

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