About Discovery Communications (NASDAQ:DISCA)
Discovery 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
- Market Cap: $11.57 billion
- Outstanding Shares: 570,000,000
- 50 Day Moving Avg: $20.97
- 200 Day Moving Avg: $24.76
- 52 Week Range: $18.61 - $30.25
Sales & Book Value:
- Trailing P/E Ratio: 10.76
- Foreward P/E Ratio: 8.15
- P/E Growth: 0.90
- Annual Revenue: $6.59 billion
- Price / Sales: 1.75
- Book Value: $9.69 per share
- Price / Book: 2.09
- EBITDA: $2.48 billion
- Net Margins: 16.88%
- Return on Equity: 22.74%
- Return on Assets: 7.59%
- Debt-to-Equity Ratio: 1.48%
- Current Ratio: 1.89%
- Quick Ratio: 1.89%
- 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?
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?
Some companies that are related to Discovery Communications include Discovery Communications (DISCB), Discovery Communications (DISCK), Scripps Networks Interactive (SNI), AMC Networks (AMCX), Nexstar Broadcasting Group (NXST), TEGNA (TGNA), E.W. Scripps Company (The) (SSP), Entravision Communications Corporation (EVC), Wireless Group PLC (UTV), NTN Buzztime (NTN), CTC Media (CTCM) and Wireless Group PLC (WLG).
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?
MarketBeat Community Rating for Discovery Communications (NASDAQ DISCA)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.
One share of Discovery Communications stock can currently be purchased for approximately $20.29.
Consensus Ratings for Discovery Communications (NASDAQ:DISCA) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|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)
Analysts' Ratings History for Discovery Communications (NASDAQ:DISCA)
(Data available from 10/23/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|10/20/2017||Royal Bank Of Canada||Reiterated Rating||Buy||$29.00||N/A|
|10/13/2017||Barclays PLC||Lower Price Target||Underweight||$25.00 -> $18.00||N/A|
|10/12/2017||Needham & Company LLC||Reiterated Rating||Hold||N/A|
|9/14/2017||Credit Suisse Group||Upgrade||Underperform -> Neutral||$23.00 -> $22.00||High|
|9/12/2017||Sanford C. Bernstein||Reiterated Rating||Underperform||Low|
|9/8/2017||Cowen and Company||Reiterated Rating||Hold||$25.00||Low|
|8/11/2017||Piper Jaffray Companies||Initiated Coverage||Neutral -> Neutral||$27.00||Low|
|8/8/2017||Pivotal Research||Upgrade||Hold -> Buy||$28.00||Low|
|8/2/2017||Barrington Research||Reiterated Rating||Market Perform||Low|
|8/2/2017||MKM Partners||Reiterated Rating||Neutral||$30.00 -> $26.00||Low|
|8/1/2017||FBR & Co||Lower Price Target||Mkt Perform -> Mkt Perform||$30.00 -> $28.00||Low|
|8/1/2017||Citigroup Inc.||Upgrade||Neutral -> Buy||$30.00 -> $29.00||Low|
|7/20/2017||Wells Fargo & Company||Initiated Coverage||Market Perform -> Market Perform||$28.00||High|
|7/14/2017||Deutsche Bank AG||Reiterated Rating||Hold||$32.00 -> $30.00||Low|
|6/16/2017||Jefferies Group LLC||Reiterated Rating||Hold||$28.00||Low|
|6/9/2017||Moffett Nathanson||Reiterated Rating||Sell||High|
|2/22/2017||Loop Capital||Downgrade||Buy -> Hold||$31.00||N/A|
|11/11/2016||Argus||Downgrade||Buy -> Hold||N/A|
|10/3/2016||Nomura||Lower Price Target||Neutral||$31.00 -> $30.00||N/A|
|8/3/2016||Macquarie||Upgrade||Underperform -> Neutral||$28.76 -> $27.00||N/A|
|7/9/2016||J P Morgan Chase & Co||Reiterated Rating||Hold||N/A|
|5/24/2016||Morgan Stanley||Reiterated Rating||Hold||$28.00||N/A|
|4/25/2016||Topeka Capital Markets||Downgrade||Buy -> Hold||$37.00 -> $31.00||N/A|
|2/19/2016||Rosenblatt Securities||Lower Price Target||Buy||$40.00 -> $35.00||N/A|
Earnings History for Discovery Communications (NASDAQ:DISCA)Earnings History by Quarter for Discovery Communications (NASDAQ DISCA)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|7/31/2017||Q2 17||$0.72||$0.68||$1.76 billion||$1.75 billion||View||N/A|
|5/9/2017||Q1 2017||$0.49||$0.41||$1.63 billion||$1.61 billion||View||Listen|
|2/14/2017||Q416||$0.47||$0.56||$1.69 billion||$1.67 billion||View||Listen|
|11/1/2016||Q316||$0.43||$0.40||$1.58 billion||$1.56 billion||View||Listen|
|8/2/2016||Q216||$0.54||$0.71||$1.71 billion||$1.71 billion||View||Listen|
|5/5/2016||Q116||$0.41||$0.46||$1.57 billion||$1.56 billion||View||Listen|
|2/18/2016||Q415||$0.41||$0.38||$1.68 billion||$1.65 billion||View||Listen|
|11/3/2015||Q315||$0.39||$0.47||$1.58 billion||$1.56 billion||View||Listen|
|8/5/2015||Q215||$0.48||$0.49||$1.67 billion||$1.65 billion||View||Listen|
|5/5/2015||Q115||$0.36||$0.42||$1.54 billion||$1.54 billion||View||Listen|
|2/19/2015||Q4||$0.41||$0.43||$1.70 billion||$1.68 billion||View||Listen|
|11/4/2014||Q314||$0.41||$0.46||$1.59 billion||$1.57 billion||View||Listen|
|7/31/2014||Q214||$0.93||$1.16||$1.60 billion||$1.61 billion||View||Listen|
|5/6/2014||Q1||$0.71||$0.75||$1.43 billion||$1.41 billion||View||Listen|
|2/13/2014||Q4||$0.89||$0.92||$1.56 billion||$1.54 billion||View||Listen|
|10/31/2013||Q313||$0.73||$0.80||$1.39 billion||$1.38 billion||View||Listen|
|7/30/2013||Q2 2013||$0.90||$0.82||$1.48 million||$1.47 million||View||Listen|
|5/7/2013||Q1 2013||$0.65||$0.63||$1.15 million||$1.16 million||View||Listen|
|2/14/2013||Q4 2012||$0.76||$0.61||$1.20 billion||$1.20 billion||View||Listen|
|11/6/2012||Q312||$0.63||$0.57||$1.10 billion||$1.08 billion||View||N/A|
Earnings Estimates for Discovery Communications (NASDAQ:DISCA)
2017 EPS Consensus Estimate: $2.33
2018 EPS Consensus Estimate: $2.53
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Dividend History for Discovery Communications (NASDAQ:DISCA)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for Discovery Communications (NASDAQ:DISCA)
Insider Ownership Percentage: 6.81%Insider Trades by Quarter for Discovery Communications (NASDAQ:DISCA)
Institutional Ownership Percentage: 45.83%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|8/18/2017||Paul J Guagliardo||Insider||Buy||10,000||$22.71||$227,100.00|| |
|8/15/2017||Gunnar Wiedenfels||CFO||Buy||15,000||$21.70||$325,500.00|| |
|8/2/2017||S Decker Anstrom||Director||Buy||10,000||$23.05||$230,500.00|| |
|8/1/2017||Gunnar Wiedenfels||CFO||Buy||20,000||$23.01||$460,200.00|| |
|6/15/2017||Bruce Campbell||Insider||Sell||9,283||$26.43||$245,349.69|| |
|5/10/2017||Paul A Gould||Director||Sell||8,832||$25.98||$229,455.36|| |
|5/10/2016||John C Malone||Director||Sell||183,637||$28.04||$5,149,181.48|| |
|4/13/2016||John C Malone||Director||Sell||15,870||$28.00||$444,360.00|| |
|3/18/2016||John C Malone||Director||Sell||110,493||$28.00||$3,093,804.00|| |
|12/16/2015||Robert Miron||Director||Sell||820||$26.53||$21,754.60|| |
|12/1/2015||John C Malone||Director||Sell||62,000||$29.61||$1,835,820.00|| |
|11/2/2015||John C Malone||Director||Sell||160,500||$28.04||$4,500,420.00|| |
|10/23/2015||John C Malone||Director||Sell||25,500||$28.00||$714,000.00|| |
|4/1/2015||John C Malone||Director||Sell||62,000||$29.66||$1,838,920.00|| |
|1/2/2015||John C Malone||Director||Sell||62,000||$33.53||$2,078,860.00|| |
|9/16/2014||Paul A Gould||Director||Sell||75,000||$38.50||$2,887,500.00|| |
|9/11/2014||Paul A Gould||Director||Sell||125,000||$39.92||$4,990,000.00|| |
|8/26/2014||Kurt Wehner||CAO||Sell||7,302||$43.62||$318,513.24|| |
|8/4/2014||David Leavy||Insider||Sell||7,850||$83.60||$656,260.00|| |
|8/1/2014||Adria Alpert-Romm||EVP||Sell||3,409||$84.67||$288,640.03|| |
|5/23/2014||Robert R Bennett||Director||Sell||91,650||$76.27||$6,990,145.50|| |
|3/20/2014||Bruce Campbell||Insider||Sell||18,213||$84.00||$1,529,892.00|| |
|3/14/2014||Robert Bennett||Director||Sell||4,032||$84.52||$340,784.64|| |
|12/27/2013||John Hendricks||Insider||Sell||31,323||$88.88||$2,783,988.24|| |
|12/26/2013||John Hendricks||Insider||Sell||29,456||$88.86||$2,617,460.16|| |
|12/24/2013||John Hendricks||Insider||Sell||14,612||$88.90||$1,299,006.80|| |
|10/30/2013||John S Hendricks||Insider||Sell||35,079||$85.93||$3,014,338.47|| |
|10/29/2013||John S Hendricks||Insider||Sell||5,200||$85.81||$446,212.00|| |
|10/28/2013||John S Hendricks||Insider||Sell||24,863||$85.87||$2,134,985.81|| |
|10/25/2013||John S Hendricks||Insider||Sell||5,879||$85.77||$504,241.83|| |
|8/9/2013||John Malone||Director||Sell||88,790||$75.06||$6,664,577.40|| |
|8/8/2013||John Malone||Director||Sell||45,210||$75.74||$3,424,205.40|| |
|7/12/2013||John S Hendricks||Insider||Sell||15,754||$83.91||$1,321,918.14|| |
|7/11/2013||John S Hendricks||Insider||Sell||169,946||$84.08||$14,289,059.68|| |
|7/10/2013||John S Hendricks||Insider||Sell||7,700||$82.78||$637,406.00|| |
|7/9/2013||John S Hendricks||Insider||Sell||6,600||$82.91||$547,206.00|| |
|7/8/2013||John S Hendricks||Insider||Sell||11,316||$81.71||$924,630.36|| |
|7/5/2013||John S Hendricks||Insider||Sell||118,166||$81.04||$9,576,172.64|| |
|7/3/2013||John S Hendricks||Insider||Sell||170,518||$79.79||$13,605,631.22|| |
|7/1/2013||Mark G Hollinger||CEO||Sell||33,727||$78.01||$2,631,043.27|| |
|6/28/2013||Mark G Hollinger||CEO||Sell||19,187||$77.01||$1,477,590.87|| |
|6/27/2013||Mark G Hollinger||CEO||Sell||10,813||$77.01||$832,709.13|| |
|6/17/2013||John S Hendricks||Insider||Sell||95,500||$77.04||$7,357,320.00|| |
|6/14/2013||John S Hendricks||Insider||Sell||4,500||$76.78||$345,510.00|| |
|6/11/2013||John S Hendricks||Insider||Sell||47,464||$73.23||$3,475,788.72|| |
|6/10/2013||John S Hendricks||Insider||Sell||137,429||$74.89||$10,292,057.81|| |
|6/7/2013||John S Hendricks||Insider||Sell||115,107||$76.06||$8,755,038.42|| |
|6/5/2013||John S Hendricks||Insider||Sell||100,000||$76.70||$7,670,000.00|| |
|5/28/2013||Bruce Campbell||Insider||Sell||8,282||$80.04||$662,891.28|| |
|3/13/2013||S Decker Anstrom||Director||Buy||1,250||$77.97||$97,462.50|| |
Headline Trends for Discovery Communications (NASDAQ:DISCA)
Latest Headlines for Discovery Communications (NASDAQ:DISCA)
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Discovery Communications (DISCA) Chart for Monday, October, 23, 2017