NASDAQ:DISCK - Discovery Communications Stock Price, Price Target & More

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

Discovery Communications declared that its Board of Directors has approved a share repurchase program on Monday, July 31st 2017, which allows the company to buyback shares, according to EventVestor. This buyback authorization allows the company to buy shares of its stock through open market purchases. Stock buyback programs are usually an indication that the company's leadership believes its shares are undervalued.

Discovery Communications Inc. (NASDAQ:DISCK) announced its quarterly earnings data on Tuesday, February, 27th. The company reported $0.47 EPS for the quarter. The firm earned $1.86 billion during the quarter. Discovery Communications had a positive return on equity of 21.68% and a negative net margin of 4.90%. View Discovery Communications' Earnings History.

2 Wall Street analysts have issued 12 month price targets for Discovery Communications' shares. Their forecasts range from $29.00 to $29.00. On average, they expect Discovery Communications' share price to reach $29.00 in the next twelve months. View Analyst Ratings for Discovery Communications.

Discovery Communications saw a drop in short interest in the month of March. As of March 15th, there was short interest totalling 12,157,219 shares, a drop of 43.7% from the February 28th total of 21,585,880 shares. Based on an average trading volume of 8,170,864 shares, the days-to-cover ratio is presently 1.5 days. Approximately 6.0% of the shares of the stock are short sold.

Some companies that are related to Discovery Communications include Liberty Broadband (LBRDK), Liberty Broadband (LBRDA), Altice USA (ATUS), Viacom (VIAB), Shaw Communications (SJR), Discovery (DISCA), ITV (ITVPY), Cable One (CABO), Liberty Latin America (LILA), Liberty Latin America (LILAK), Roku (ROKU), AMC Networks (AMCX), MSG Networks (MSGN), Videocon d2h (VDTH), WideOpenWest (WOW), Hemisphere Media Group (HMTV), NeuLion (NEUL) and Seven Stars Cloud Group (SSC).

News stories about DISCK stock have been trending somewhat positive this week, according to Accern Sentiment Analysis. The research firm rates the sentiment of media coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Discovery Communications earned a daily sentiment score of 0.15 on Accern's scale. They also assigned media stories about the company an impact score of 45.30 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the immediate future.

Shares of DISCK 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.

One share of DISCK stock can currently be purchased for approximately $21.46.

Discovery Communications has a market capitalization of $8.20 billion and generates $6.87 billion in revenue each year.

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]