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NASDAQ:DISCADiscovery Communications Stock Price, Forecast & News

$21.82
-0.66 (-2.94 %)
(As of 08/13/2020 04:00 PM ET)
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Today's Range
$21.81
Now: $21.82
$22.84
50-Day Range
$19.25
MA: $21.01
$22.48
52-Week Range
$17.12
Now: $21.82
$33.65
Volume3.15 million shs
Average Volume5.16 million shs
Market Capitalization$11.37 billion
P/E Ratio11.08
Dividend YieldN/A
Beta1.48
Discovery, Inc. operates as a media company worldwide. The company operates through two segments, U.S. Networks and International Networks. The company owns and operates various television networks under the Discovery Channel, TLC, Animal Planet, Investigation Discovery, Science Channel, MotorTrend, Food Network, HGTV, Travel Channel, TVN, DIY Network, Cooking Channel, Discovery Family Channel, American Heroes Channel, Destination America, Discovery Life, Discovery en Espanol, Discovery Familia, Great American Country, the Oprah Winfrey Network, Eurosport, Discovery Kids, DMAX, and Discovery Home & Health brands, as well as other regional television networks. Its content spans genres, including survival, exploration, sports, lifestyle, general entertainment, home, food and travel, heroes, adventure, crime and investigation, health, and kids. The company also operates production studios that develop and produce content; and digital products and Websites. It provides content through various distribution platforms comprising pay-television, free-to-air and broadcast television, authenticated GO applications, digital distribution arrangements, and content licensing agreements, as well as various platforms that include brand-aligned Websites, online streaming, mobile devices, video on demand, and broadband channels. As of December 31, 2018, the company operated approximately 400 distribution feeds in 50 languages internationally. Discovery, Inc. was founded in 1985 and is headquartered in Silver Spring, Maryland.
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Beat the Market (BTM) Rank

Analyst Opinion: 3.3Community Rank: 2.1Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 3.8 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.03 out of 5 stars


Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$11.14 billion
Cash Flow$13.90 per share
Book Value$21.95 per share

Profitability

Net Income$2.07 billion

Miscellaneous

Employees9,200
Market Cap$11.37 billion
Next Earnings Date11/5/2020 (Estimated)
OptionableOptionable
$21.82
-0.66 (-2.94 %)
(As of 08/13/2020 04:00 PM ET)
30 days | 90 days | 365 days | Advanced Chart

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Discovery Communications (NASDAQ:DISCA) Frequently Asked Questions

How has Discovery Communications' stock price been impacted by COVID-19 (Coronavirus)?

Discovery Communications' stock was trading at $24.06 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, DISCA shares have decreased by 9.3% and is now trading at $21.82.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of Discovery Communications?

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Discovery Communications in the last year. There are currently 5 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Discovery Communications
.

When is Discovery Communications' next earnings date?

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

How were Discovery Communications' earnings last quarter?

Discovery Communications Inc. (NASDAQ:DISCA) issued its quarterly earnings data on Wednesday, August, 5th. The company reported $0.77 earnings per share for the quarter, beating analysts' consensus estimates of $0.70 by $0.07. The company had revenue of $2.54 billion for the quarter, compared to analyst estimates of $2.51 billion. Discovery Communications had a return on equity of 21.73% and a net margin of 12.86%. The firm's revenue for the quarter was down 11.9% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.98 earnings per share.
View Discovery Communications' earnings history
.

What price target have analysts set for DISCA?

13 Wall Street analysts have issued 12 month price targets for Discovery Communications' stock. Their forecasts range from $20.00 to $35.00. On average, they expect Discovery Communications' stock price to reach $26.77 in the next year. This suggests a possible upside of 22.7% from the stock's current price.
View analysts' price targets for Discovery Communications
.

Has Discovery Communications been receiving favorable news coverage?

News headlines about DISCA stock have been trending negative this week, InfoTrie Sentiment Analysis reports. InfoTrie ranks the sentiment of news coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Discovery Communications earned a media sentiment score of -2.4 on InfoTrie's scale. They also assigned media stories about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the immediate future.
View the latest news about Discovery Communications
.

Who are some of Discovery Communications' key competitors?

Who are Discovery Communications' key executives?

Discovery Communications' management team includes the following people:
  • Mr. David M. Zaslav, Pres, CEO & Director (Age 59)
  • Dr. Gunnar Wiedenfels, Chief Financial Officer (Age 42)
  • Mr. Bruce L. Campbell, Chief Devel., Distribution & Legal Officer (Age 52)
  • Mr. Peter T. Faricy, Chief Exec. Officer of Global Direct-to-Consumer (Age 53)
  • Mr. Jean-Briac Perrette, CEO & Pres of Discovery Networks International (Age 48)

What is Discovery Communications' stock symbol?

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

Who are Discovery Communications' major shareholders?

Discovery Communications' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include FMR LLC (2.00%), Goldman Sachs Group Inc. (0.51%), Bank of Montreal Can (0.45%), TCW Group Inc. (0.35%), Federated Hermes Inc. (0.33%) and Robeco Institutional Asset Management B.V. (0.25%). 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
.

Which major investors are selling Discovery Communications stock?

DISCA stock was sold by a variety of institutional investors in the last quarter, including Prudential Financial Inc., Bank of Montreal Can, Goldman Sachs Group Inc., Loring Wolcott & Coolidge Fiduciary Advisors LLP MA, Arnhold LLC, Central Bank & Trust Co., Teacher Retirement System of Texas, and FDx Advisors Inc.. 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, and John C Malone.
View insider buying and selling activity for Discovery Communications
.

Which major investors are buying Discovery Communications stock?

DISCA stock was acquired by a variety of institutional investors in the last quarter, including PGGM Investments, Thrivent Financial for Lutherans, FMR LLC, Raymond James & Associates, Federated Hermes Inc., First Trust Advisors LP, Achmea Investment Management B.V., and Assetmark 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
.

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, Robinhood, Fidelity, and Charles Schwab.

What is Discovery Communications' stock price today?

One share of DISCA stock can currently be purchased for approximately $21.82.

How big of a company is Discovery Communications?

Discovery Communications has a market capitalization of $11.37 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.

What is Discovery Communications' official website?

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

How can I contact Discovery Communications?

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]

This page was last updated on 8/14/2020 by MarketBeat.com Staff

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