NASDAQ:DISCADiscovery Communications Stock Price, Forecast & News

$23.09

+0.82 (+3.68 %)

(As of 06/4/2020 04:00 PM ET)

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Today's Range

$21.81

Now: $23.09▼

$23.12

50-Day Range

$19.13

MA: $21.35▼

$24.73

52-Week Range

$17.12

Now: $23.09▼

$33.65

Volume4.29 million shs

Average Volume5.39 million shs

Market Capitalization$12.03 billion

P/E Ratio7.96

Dividend YieldN/A

Beta1.51

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.

Beat the Market (BTM) Rank^™

3.4 Analyst's Opinion

Consensus Rating
Discovery Communications has received a consensus rating of Buy. The company's average rating score is 2.70, and is based on 7 buy ratings, 3 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $27.70, Discovery Communications has a potential upside of 20.0% from its current price of $23.09.
Amount of Analyst Coverage
Discovery Communications has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.1 Community Rank

Outperform Votes
Discovery Communications has received 607 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Discovery Communications has received 873 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Discovery Communications has received 58.99% “underperform” votes from our community.

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.

0.0 Dividend Strength

Dividend Yield
Discovery Communications does not currently pay a dividend.
Dividend Growth
Discovery Communications does not have a long track record of dividend growth.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Discovery Communications insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $3,966,110.00 in company stock.
Percentage Held by Insiders
Only 4.43% of the stock of Discovery Communications is held by insiders.
Percentage Held by Institutions
36.27% of the stock of Discovery Communications is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.1 Earnings and Valuation

Earnings Growth
Earnings for Discovery Communications are expected to grow by 15.07% in the coming year, from $2.92 to $3.36 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Discovery Communications is 7.96, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 16.19.
Price to Earnings Ratio vs. Sector
The P/E ratio of Discovery Communications is 7.96, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 28.61.
Price to Earnings Growth Ratio
Discovery Communications has a PEG Ratio of 0.60. PEG Ratios below 1 indicate that a company could be undervalued.
Price to Book Value per Share Ratio
Discovery Communications has a P/B Ratio of 1.05. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.92 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Cable & other pay television services

Sub-IndustryBroadcasting

SectorConsumer Discretionary

Current SymbolNASDAQ:DISCA

Previous Symbol

CUSIP25470F10

CIK1437107

Webcorporate.discovery.com

Phone240-662-2000

Debt

Debt-to-Equity Ratio1.39

Current Ratio1.61

Quick Ratio1.61

Price-To-Earnings

Trailing P/E Ratio7.96

Forward P/E Ratio7.91

P/E Growth0.6

Sales & Book Value

Annual Sales$11.14 billion

Price / Sales1.08

Cash Flow$14.08 per share

Price / Cash Flow1.64

Book Value$21.95 per share

Price / Book1.05

Profitability

EPS (Most Recent Fiscal Year)$3.69

Net Income$2.07 billion

Net Margins18.54%

Return on Equity23.40%

Return on Assets7.84%

Miscellaneous

Employees9,200

Outstanding Shares520,921,000

Market Cap$12.03 billion

Next Earnings Date8/4/2020 (Estimated)

OptionableOptionable

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Discovery Communications (NASDAQ:DISCA) Frequently Asked Questions

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

Discovery Communications' stock was trading at $24.06 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, DISCA stock has decreased by 4.0% and is now trading at $23.09. View which stocks have been most impacted by Coronavirus.

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

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Discovery Communications in the last year. There are currently 3 hold ratings and 7 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 Tuesday, August 4th 2020. View our earnings forecast for Discovery Communications.

How were Discovery Communications' earnings last quarter?

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

What price target have analysts set for DISCA?

10 analysts have issued 12 month target prices for Discovery Communications' shares. Their forecasts range from $22.00 to $35.00. On average, they expect Discovery Communications' share price to reach $27.70 in the next year. This suggests a possible upside of 20.0% from the stock's current price. View analysts' price targets for Discovery Communications.

Has Discovery Communications been receiving favorable news coverage?

Headlines about DISCA stock have trended neutral on Thursday, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Discovery Communications earned a media sentiment score of 0.4 on InfoTrie's scale. They also assigned news articles about the company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the near future. View the latest news aboutDiscovery Communications.

Are investors shorting Discovery Communications?

Discovery Communications saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 40,190,000 shares, an increase of 12.2% from the April 30th total of 35,810,000 shares. Based on an average trading volume of 5,970,000 shares, the days-to-cover ratio is currently 6.7 days. Currently, 26.1% of the company's shares are short sold. View Discovery Communications' Current Options Chain.

Who are some of Discovery Communications' key competitors?

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.

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 many different retail and institutional investors. Top institutional investors include BlackRock Inc. (2.74%), Clearbridge Investments LLC (2.70%), State Street Corp (1.51%), JPMorgan Chase & Co. (1.20%), Smead Capital Management Inc. (0.89%) and New South Capital Management Inc. (0.69%). 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 Alliancebernstein L.P., Strs Ohio, Clark Estates Inc. NY, New South Capital Management Inc., Clearbridge Investments LLC, Loring Wolcott & Coolidge Fiduciary Advisors LLP MA, State of Tennessee Treasury Department, and Deutsche Bank AG. 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.

Which major investors are buying Discovery Communications stock?

DISCA stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., JPMorgan Chase & Co., Healthcare of Ontario Pension Plan Trust Fund, State Street Corp, Quaker Capital Investments LLC, Pendal Group Ltd, Zimmer Partners LP, and Two Sigma Advisers LP. 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 $23.09.

How big of a company is Discovery Communications?

Discovery Communications has a market capitalization of $12.03 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 6/4/2020 by MarketBeat.com Staff