NASDAQ:DISCA - Discovery Communications Stock Price, News, & Analysis

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$31.91 +0.11 (+0.35 %)
(As of 09/25/2018 02:55 AM ET)
Previous Close$31.80
Today's Range$31.78 - $32.38
52-Week Range$15.99 - $32.65
Volume3.20 million shs
Average Volume5.07 million shs
Market Capitalization$16.61 billion
P/E Ratio14.25
Dividend YieldN/A
Beta1.49
Discovery Communications logoDiscovery, Inc. operates as a media company worldwide. The company operates through U.S. Networks, International Networks, and Education and Other segments. It owns and operates various television networks under the Discovery Channel, TLC, Animal Planet, Investigation Discovery, Science Channel, Velocity, Discovery Family Channel, Destination America, American Heroes Channel, Discovery Life, The Oprah Winfrey Network, Eurosport, Discovery Kids, DMAX, and Discovery Home & Health brands, as well as other regional television networks. The company's content spans genres, including survival, exploration, sports, lifestyle, general entertainment, heroes, adventure, crime and investigation, health, and kids. It also develops and sells curriculum-based education products and services, such as an online suite of curriculum-based video on demand (VOD) tools, professional development services, and digital textbooks, as well as student assessments; and publishes hard copy curriculum-based content for K-12 schools. In addition, the company operates production studios that develop content; and Websites. It provides content through various distribution platforms comprising pay-television, free-to-air and broadcast television, Websites, digital distribution arrangements, and content licensing agreements, as well as various platforms that include brand-aligned Websites, online streaming, mobile devices, VOD, and broadband channels. As of December 31, 2017, the company operated approximately 400 distribution feeds in 40 languages internationally. Discovery, Inc. was founded in 1985 and is headquartered in Silver Spring, Maryland.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Cable & other pay television services
Sub-IndustryBroadcasting
SectorConsumer Discretionary
SymbolNASDAQ:DISCA
CUSIP25470F10
Phone240-662-2000

Debt

Debt-to-Equity Ratio1.84
Current Ratio1.45
Quick Ratio1.45

Price-To-Earnings

Trailing P/E Ratio14.25
Forward P/E Ratio12.13
P/E Growth0.53

Sales & Book Value

Annual Sales$6.87 billion
Price / Sales2.43
Cash Flow$8.9134 per share
Price / Cash3.58
Book Value$8.43 per share
Price / Book3.79

Profitability

EPS (Most Recent Fiscal Year)$2.24
Net Income$-337,000,000.00
Net Margins-8.28%
Return on Equity17.68%
Return on Assets4.59%

Miscellaneous

Employees7,000
Outstanding Shares522,420,000
Market Cap$16.61 billion

Discovery Communications (NASDAQ:DISCA) Frequently Asked Questions

What is Discovery Communications' stock symbol?

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

How will Discovery Communications' stock buyback program work?

Discovery Communications announced that its board has approved a share repurchase plan on Monday, July 31st 2017, which authorizes the company to repurchase shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase shares of its stock through open market purchases. Shares repurchase plans are often a sign that the company's management believes its stock is undervalued.

How were Discovery Communications' earnings last quarter?

Discovery Communications Inc. (NASDAQ:DISCA) posted its earnings results on Tuesday, August, 7th. The company reported $0.66 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.84 by $0.18. The business had revenue of $2.85 billion for the quarter, compared to analysts' expectations of $2.85 billion. Discovery Communications had a positive return on equity of 17.68% and a negative net margin of 8.28%. View Discovery Communications' Earnings History.

When is Discovery Communications' next earnings date?

Discovery Communications is scheduled to release their next quarterly earnings announcement on Thursday, November, 1st 2018. View Earnings Estimates for Discovery Communications.

What price target have analysts set for DISCA?

20 brokers have issued twelve-month price objectives for Discovery Communications' shares. Their forecasts range from $19.00 to $38.00. On average, they expect Discovery Communications' share price to reach $29.0833 in the next twelve months. This suggests that the stock has a possible downside of 8.9%. View Analyst Price Targets for Discovery Communications.

What is the consensus analysts' recommendation for Discovery Communications?

20 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Discovery Communications in the last year. There are currently 1 sell rating, 7 hold ratings and 12 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Discovery Communications.

What are Wall Street analysts saying about Discovery Communications stock?

Here are some recent quotes from research analysts about Discovery Communications stock:
  • 1. According to Zacks Investment Research, "Discovery is suffering from the loss of domestic subscribers. Escalated debt levels are a headwind for the company's financials. Moreover, integration costs related to Scripps acquisition is proving to be a drag on profitability. Shares of Discovery have outperformed the industry on a year-to-date basis. Nevertheless, Discovery currently holds the “second largest share of TV viewing” after NBC Universal. We are also encouraged by Discovery's joint venture with TEN for automotive media. In addition, growth in advertising and distribution revenues bode well for the company." (9/24/2018)
  • 2. Pivotal Research analysts commented, "We continue to rate Discovery stock Hold. Discovery Communications reported tepid underlying growth trends for 2Q18 with company-wide revenues were up +1% with adjusted OIBDA up +5%, both on a pro forma basis. Results were below our expectations, although these figures were in-line with StreetAccount consensus. Pro forma domestic ad revenues and distribution revenues were each only +1% during the quarter. Digital offerings were called out as supporting growth, indicating worse results for traditional TV- related ad revenue. Distribution revenues were impacted by subscriber losses, which the company characterized as continuing to decline by -5% (including a -3% decline for fully distributed networks). US Networks’ domestic OIBDA grew by +1% on pro forma combined basis." (8/7/2018)
  • 3. Barrington Research analysts commented, "We feel much of the pain in securing these rights has been endured, creating the potential to reap benefits from this point." (5/8/2018)

Are investors shorting Discovery Communications?

Discovery Communications saw a increase in short interest in the month of August. As of August 31st, there was short interest totalling 31,237,816 shares, an increase of 5.1% from the August 15th total of 29,732,330 shares. Based on an average trading volume of 3,186,374 shares, the days-to-cover ratio is currently 9.8 days. Currently, 20.6% of the company's stock are short sold. View Discovery Communications' Current Options Chain.

Who are some of Discovery Communications' key competitors?

Who are Discovery Communications' key executives?

Discovery Communications' management team includes the folowing people:
  • Mr. David M. Zaslav, Pres, CEO & Director (Age 58)
  • Gunnar Wiedenfels, Chief Financial Officer (Age 41)
  • Mr. Bruce L. Campbell, Chief Devel., Distribution & Legal Officer (Age 51)
  • Mr. Jean-Briac Perrette, CEO & Pres of Discovery Networks International (Age 47)
  • Mr. David C. Leavy, Chief Corp. Operations & Communications Officer (Age 49)

Who are Discovery Communications' major shareholders?

Discovery Communications' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Bank of New York Mellon Corp (1.16%), Bank of New York Mellon Corp (1.16%), Northern Trust Corp (0.39%), Strs Ohio (0.32%), Gamco Investors INC. ET AL (0.29%) and Schroder Investment Management Group (0.20%). Company insiders that own Discovery Communications stock include Adria Alpert-Romm, Bruce Campbell, David Leavy, Gunnar Wiedenfels, J David Wargo, Jean-Briac Perrette, John C Malone, Kenneth W Lowe, Kurt Wehner, Paul A Gould, Paul J Guagliardo, S Decker Anstrom and Savalle Sims. View Institutional Ownership Trends for Discovery Communications.

Which institutional investors are selling Discovery Communications stock?

DISCA stock was sold by a variety of institutional investors in the last quarter, including Putnam Investments LLC, Korea Investment CORP, Meadow Creek Investment Management LLC, Gamco Investors INC. ET AL, Bank of New York Mellon Corp, Bank of New York Mellon Corp, Cubic Asset Management LLC and SG Americas Securities LLC. Company insiders that have sold Discovery Communications company stock in the last year include Adria Alpert-Romm, Bruce Campbell, David Leavy, Jean-Briac Perrette, Kenneth W Lowe, Kurt Wehner and Savalle Sims. View Insider Buying and Selling for Discovery Communications.

Which institutional investors are buying Discovery Communications stock?

DISCA stock was purchased by a variety of institutional investors in the last quarter, including Unigestion Holding SA, Schroder Investment Management Group, Schroder Investment Management Group, CapWealth Advisors LLC, BNP Paribas Arbitrage SA, Northern Trust Corp, Cumberland Partners Ltd and grace capital. Company insiders that have bought Discovery Communications stock in the last two years include Gunnar Wiedenfels, J David Wargo, John C Malone, Paul J Guagliardo and S Decker Anstrom. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.

What is Discovery Communications' stock price today?

One share of DISCA stock can currently be purchased for approximately $31.91.

How big of a company is Discovery Communications?

Discovery Communications has a market capitalization of $16.61 billion and generates $6.87 billion in revenue each year. The company earns $-337,000,000.00 in net income (profit) each year or $2.24 on an earnings per share basis. Discovery Communications employs 7,000 workers across the globe.

What is Discovery Communications' official website?

The official website for Discovery Communications is http://corporate.discovery.com.

How can I contact Discovery Communications?

Discovery Communications' mailing address is 1 DISCOVERY PLACE, SILVER SPRING MD, 20910. The company can be reached via phone at 240-662-2000 or via email at [email protected]


MarketBeat Community Rating for Discovery Communications (NASDAQ DISCA)

Community Ranking:  1.9 out of 5 (star)
Outperform Votes:  473 (Vote Outperform)
Underperform Votes:  752 (Vote Underperform)
Total Votes:  1,225
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.
This page was last updated on 9/25/2018 by MarketBeat.com Staff

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