NASDAQ:DISCADiscovery Communications Stock Price, Forecast & News

Discovery Communications' stock was trading at $24.06 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, DISCA shares have decreased by 15.9% and is now trading at $20.23. View which stocks have been most impacted by Coronavirus.

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Discovery Communications in the last year. There are currently 3 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Discovery Communications.

Discovery Communications is scheduled to release its next quarterly earnings announcement on Wednesday, August 5th 2020. View our earnings forecast for Discovery Communications.

Discovery Communications will be holding an earnings conference call on Wednesday, August 5th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Discovery Communications Inc. (NASDAQ:DISCA) posted its quarterly earnings results on Wednesday, May, 6th. The company reported $0.87 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.84 by $0.03. The firm earned $2.68 billion during the quarter, compared to analysts' expectations of $2.71 billion. Discovery Communications had a return on equity of 23.40% and a net margin of 18.54%. The company's quarterly revenue was down .9% on a year-over-year basis. During the same period last year, the company earned $0.87 earnings per share. View Discovery Communications' earnings history.

11 analysts have issued 1-year price targets for Discovery Communications' shares. Their forecasts range from $22.00 to $35.00. On average, they expect Discovery Communications' share price to reach $27.73 in the next year. This suggests a possible upside of 37.1% from the stock's current price. View analysts' price targets for Discovery Communications.

Media coverage about DISCA stock has been trending somewhat positive this week, according to InfoTrie. The research group identifies negative and positive press coverage by monitoring 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 media sentiment score of 1.3 on InfoTrie's scale. They also gave news stories about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View the latest news about Discovery Communications.

Some companies that are related to Discovery Communications include Liberty Media Formula One Series A (FWONA), Nexstar Media Group (NXST), Sinclair Broadcast Group (SBGI), Central European Media Enterprises (CETV), Entercom Communications (ETM), Saga Communications (SGA), Entravision Communication (EVC), Beasley Broadcast Group (BBGI) and Salem Media Group (SALM). View all competitors.

Discovery Communications trades on the NASDAQ under the ticker symbol "DISCA."

Discovery Communications' stock is owned by many different retail and institutional investors. Top institutional shareholders include Reinhart Partners Inc. (0.18%), Envestnet Asset Management Inc. (0.09%), Addenda Capital Inc. (0.03%), M&R Capital Management Inc. (0.03%), Anderson Hoagland & Co. (0.01%) and Legacy Capital Partners Inc. (0.01%). Company insiders that own Discovery Communications stock include Advance Long-Term Management T, 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.

DISCA stock was sold by a variety of institutional investors in the last quarter, including Anderson Hoagland & Co., DNB Asset Management AS, Reinhart Partners Inc., Corrado Advisors LLC, Addenda Capital Inc., M&R Capital Management Inc., and Nelson Van Denburg & Campbell Wealth Management Group LLC. Company insiders that have sold Discovery Communications company stock in the last year include Advance Long-Term Management T, Bruce Campbell, Daniel E Sanchez, David Leavy, J David Wargo, Jean-Briac Perrette, John C Malone, and Savalle Sims. View insider buying and selling activity for Discovery Communications.

DISCA stock was acquired by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc., Municipal Employees Retirement System of Michigan, Arden Trust Co, and Legacy Capital Partners Inc.. Company insiders that have bought Discovery Communications stock in the last two years include John C Malone, and Peter Faricy. View insider buying and selling activity for 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, Robinhood, Fidelity, and Charles Schwab.

One share of DISCA stock can currently be purchased for approximately $20.23.

Discovery Communications has a market capitalization of $10.54 billion and generates $11.14 billion in revenue each year. The company earns $2.07 billion in net income (profit) each year or $3.69 on an earnings per share basis. Discovery Communications employs 9,200 workers across the globe.

The official website for Discovery Communications is corporate.discovery.com.

Discovery Communications' mailing address is 8403 COLESVILLE ROAD, SILVER SPRING MD, 20910. The company can be reached via phone at 240-662-2000 or via email at [email protected]