NASDAQ:DISH

DISH Network (DISH) Stock Forecast, Price & News

$6.27

-0.08 (-1.26%)

(As of 09/22/2023 ET)

Compare

Today's Range: $6.22
▼
$6.43
50-Day Range: $5.96
▼
$8.37
52-Week Range: $5.83
▼
$17.49

Volume: 5.88 million shs
Average Volume: 7.70 million shs
Market Capitalization: $3.35 billion

P/E Ratio: 2.26
Dividend Yield: N/A
Price Target: $12.91

DISH Network MarketRank™ Forecast

Analyst Rating: Hold
2.25 Rating Score
Upside/Downside: 105.9% Upside
$12.91 Price Target
Short Interest: Bearish
23.08% of Float Sold Short
Dividend Strength: N/A
Sustainability: -1.07
Upright™ Environmental Score
News Sentiment: 0.86
Based on 9 Articles This Week
Insider Trading: Selling Shares
$385 Sold Last Quarter
Proj. Earnings Growth: -34.48%
From $1.16 to $0.76 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.65 out of 5 stars

Consumer Discretionary Sector

71st out of 265 stocks

Cable & Other Pay Television Services Industry

6th out of 23 stocks

4.1

Analyst's Opinion

Consensus Rating
DISH Network has received a consensus rating of Hold. The company's average rating score is 2.25, and is based on 2 buy ratings, 8 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $12.91, DISH Network has a forecasted upside of 105.9% from its current price of $6.27.
Amount of Analyst Coverage
DISH Network has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

1.0

Short Interest

Percentage of Shares Shorted
23.08% of the float of DISH Network has been sold short.
Short Interest Ratio / Days to Cover
DISH Network has a short interest ratio ("days to cover") of 4.8.
Change versus previous month
Short interest in DISH Network has recently increased by 4.50%, indicating that investor sentiment is decreasing.

0.0

Dividend Strength

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

3.0

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
DISH Network has received a 28.74% net impact score from Upright. Dish Network seems to create the most significant positive value in categories "Taxes", "Distributing knowledge", and "Jobs". The positive contribution in the "Distributing knowledge" impact category is mostly driven by its "Broadcasting of television news programs for majority groups following principles of journalistic ethics", "Movie streaming services", and "Hard drives" products. See details.
Environmental Sustainability
The Environmental Impact score for DISH Network is -1.07.

2.1

News and Social Media Coverage

News Sentiment
DISH Network has a news sentiment score of 0.86. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.56 average news sentiment score of Consumer Discretionary companies.
News Coverage This Week
MarketBeat has tracked 9 news articles for DISH Network this week, compared to 9 articles on an average week.
Search Interest
Only 25 people have searched for DISH on MarketBeat in the last 30 days. This is a decrease of -62% compared to the previous 30 days.
MarketBeat Follows
Only 14 people have added DISH Network to their MarketBeat watchlist in the last 30 days. This is a decrease of -46% compared to the previous 30 days.

4.2

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, DISH Network insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $385.00 in company stock.
Percentage Held by Insiders
55.50% of the stock of DISH Network is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
98.16% of the stock of DISH Network is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9

Earnings and Valuation

Earnings Growth
Earnings for DISH Network are expected to decrease by -34.48% in the coming year, from $1.16 to $0.76 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of DISH Network is 2.26, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 123.09.
Price to Earnings Ratio vs. Sector
The P/E ratio of DISH Network is 2.26, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 15.34.
Price to Book Value per Share Ratio
DISH Network has a P/B Ratio of 0.19. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About DISH Network (NASDAQ:DISH) Stock

DISH Network Corporation, together with its subsidiaries, provides pay-TV services in the United States. The company operates in two segments, Pay-TV and Wireless. It offers video services under the DISH TV brand; and programming packages that include programming through national broadcast networks, local broadcast networks, and national and regional cable networks, as well as regional and specialty sports channels, premium movie channels, and Latino and international programming packages. The company also provides access to movies and television shows through TV or Internet-connected devices; and dishanywhere.com and mobile applications on Internet-connected devices to view authorized content, search program listings, and remotely control certain features of their DVRs. In addition, it offers Sling TV services, including Sling domestic, Sling International, Sling Latino, Sling Orange, and Sling Blue services that require an internet connection and are available on streaming-capable devices, such as streaming media devices, TVs, tablets, computers, game consoles, and phones, as well as market SLING TV services to consumers who do not subscribe to traditional satellite and cable pay-TV services. Further, the company provides wireless subscribers consumer plans with no annual service contracts, as well as monthly service plans, including high-speed data and unlimited talk and text. The company offers receiver systems and programming through direct sales channels, as well as independent third parties, such as small retailers, direct marketing groups, local and regional consumer electronics stores, retailers, and telecommunications companies. DISH Network Corporation was founded in 1980 and is headquartered in Englewood, Colorado.

DISH Price History

30 days | 90 days | 365 days | Advanced Chart

DISH Stock News Headlines

September 22, 2023 | msn.com

What Channel Is Fox Sports on DISH Network? (2023 Update)

September 20, 2023 | msn.com

What Channel is TBS on DISH Network? (2023 Update)

September 23, 2023 | Behind the Markets (Ad)

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September 19, 2023 | msn.com

What Channel is FOX on DISH Network? (2023 Update)

September 19, 2023 | msn.com

What Channel Is USA Network on DISH Network? (2023 Update)

September 19, 2023 | msn.com

Dish Network gains as DOJ supports more time to wrap T-Mobile spectrum deal

September 19, 2023 | finance.yahoo.com

Dish Gets US Help Easing Deadline to Buy T-Mobile Airwaves

September 19, 2023 | markets.businessinsider.com

What's Going On With Dish Network Stock Tuesday?

September 23, 2023 | Behind the Markets (Ad)

Laser breakthrough could send stock soaring 2,467%

September 15, 2023 | finance.yahoo.com

Boost Infinite - Get iPhone 15 Pro On Us and Latest iPhone Every Year at Only $60/mo. - No Trade-In Required to Get Started

September 14, 2023 | finance.yahoo.com

SLING TV relaunches Disney Star channels and Hotstar original content

September 12, 2023 | finance.yahoo.com

The iPhone 15 Lineup is Available to Pre-order at Boost Infinite Starting on Friday, September 15

September 12, 2023 | dallasnews.com

AT&T, T-Mobile, Dish strike fast with iPhone 15 promotions

September 11, 2023 | msn.com

DISH Customers in 27 Markets Lose Access to Hearst-Owned Channels in New Retransmission Dispute

September 10, 2023 | msn.com

Dish removal service, I can take down old directv,dish network,hughesnet,viasat and can also take down old cabling, starlink installion help as well.

September 10, 2023 | msn.com

Dish Network Customers Lose 37 Channels, Including Local Network Affiliates, in Hearst Dispute

September 9, 2023 | msn.com

Dish drops WCVB after stalled contract negotiations

September 9, 2023 | msn.com

WISN-TV (Channel 12), other Hearst stations go dark on Dish Network after impasse on fees

September 9, 2023 | yahoo.com

Another One! Thirty-Seven Hearst Stations Blacked Out on Dish Network

September 8, 2023 | msn.com

Dish Network customers lose local channels in Hearst Television dispute

September 8, 2023 | finance.yahoo.com

Is DISH Network (DISH) Too Good to Be True? A Comprehensive Analysis of a Potential Value Trap

September 8, 2023 | finance.yahoo.com

Unraveling the Future of DISH Network Corp (DISH): A Deep Dive into Key Metrics

September 8, 2023 | finance.yahoo.com

Hearst Removes Local Channels from DISH TV Customers

September 8, 2023 | forbes.com

Can Dish Network Stock Return To Its Pre-Inflation Shock Highs?

September 7, 2023 | msn.com

What Channel Is BET on DISH Network? (2023 Update)

September 7, 2023 | finance.yahoo.com

Dish (DISH) Down 24.9% Since Last Earnings Report: Can It Rebound?

September 6, 2023 | msn.com

KCCI, DISH negotiation dispute may leave subscribers without CBS programing

See More Headlines

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DISH Company Calendar

Last Earnings: 8/08/2023
Today: 9/22/2023
Next Earnings (Estimated): 11/01/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Cable & other pay television services
Sub-Industry: Cable & Satellite
Sector: Consumer Discretionary
Current Symbol: NASDAQ:DISH
CUSIP: 25470M10
CIK: 1001082
Web: www.dish.com
Phone: (303) 723-1000
Fax: 303-723-1299
Employees: 14,200
Year Founded: 1980

Price Target and Rating

Average Stock Price Forecast: $12.91
High Stock Price Forecast: $27.00
Low Stock Price Forecast: $6.00
Forecasted Upside/Downside: +105.9%
Consensus Rating: Hold
Rating Score (0-4): 2.25
Research Coverage: 12 Analysts

Profitability

EPS (Most Recent Fiscal Year): $2.78
Trailing P/E Ratio: 2.26
Forward P/E Ratio: 5.41
P/E Growth: N/A
Net Income: $2.30 billion
Net Margins: 11.06%
Pretax Margin: 15.10%
Return on Equity: 9.90%
Return on Assets: 3.39%

Debt

Debt-to-Equity Ratio: 1.10
Current Ratio: 0.64
Quick Ratio: 0.56

Sales & Book Value

Annual Sales: $16.68 billion
Price / Sales: 0.20
Cash Flow: $5.55 per share
Price / Cash Flow: 1.13
Book Value: $33.79 per share
Price / Book: 0.19

Miscellaneous

Outstanding Shares: 533,860,000
Free Float: 237,567,000
Market Cap: $3.35 billion
Optionable: Optionable
Beta: 1.84

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Key Executives

Mr. Charles William Ergen (Age 70)
Co-Founder & Exec. Chairman
Comp: $3.22M

Mr. W. Erik Carlson (Age 53)
Pres, CEO & Director
Comp: $2.01M

Mr. Paul W. Orban (Age 54)
Exec. VP & CFO
Comp: $1.31M

Mr. Thomas A. Cullen (Age 63)
Exec. VP of Corp. Devel.
Comp: $2.24M

Mr. John W. Swieringa (Age 45)
Pres & COO of DISH Wireless
Comp: $1.81M

Mr. James DeFranco (Age 70)
Co-Founder, Exec. VP & Director

Mr. James S. Allen (Age 56)
Sr. VP & Chief Accounting Officer

Mr. Kannan Alagappan
Sr. VP & CTO

Mr. Atilla Tinic
Exec. VP & Chief Information Officer

Mr. Kyle Jason Kiser (Age 57)
Investor Relations Contact & Treasurer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

DISH Stock - Frequently Asked Questions

Should I buy or sell DISH Network stock right now?: 12 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for DISH Network in the last year. There are currently 1 sell rating, 8 hold ratings, 2 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" DISH shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in DISH, but not buy additional shares or sell existing shares.
View DISH analyst ratings or view top-rated stocks.
What is DISH Network's stock price forecast for 2023?: 12 brokers have issued 12 month price objectives for DISH Network's shares. Their DISH share price forecasts range from $6.00 to $27.00. On average, they anticipate the company's stock price to reach $12.91 in the next year. This suggests a possible upside of 105.9% from the stock's current price.
View analysts price targets for DISH or view top-rated stocks among Wall Street analysts.
How have DISH shares performed in 2023?: DISH Network's stock was trading at $14.04 on January 1st, 2023. Since then, DISH stock has decreased by 55.3% and is now trading at $6.27.
View the best growth stocks for 2023 here.
When is DISH Network's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 1st 2023.
View our DISH earnings forecast.
How were DISH Network's earnings last quarter?: DISH Network Co. (NASDAQ:DISH) issued its earnings results on Tuesday, August, 8th. The company reported $0.31 EPS for the quarter, topping analysts' consensus estimates of $0.30 by $0.01. The company had revenue of $3.91 billion for the quarter, compared to analyst estimates of $3.91 billion. DISH Network had a trailing twelve-month return on equity of 9.90% and a net margin of 11.06%. DISH Network's revenue for the quarter was down 7.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.82 EPS.
What ETFs hold DISH Network's stock?: ETFs with the largest weight of DISH Network (NASDAQ:DISH) stock in their portfolio include Procure Space ETF (UFO), Invesco S&P SmallCap Utilities & Communication Services ETF (PSCU), iShares U.S. Telecommunications ETF (IYZ), Invesco S&P SmallCap 600 Revenue ETF (RWJ), Invesco S&P SmallCap 600 Pure Value ETF (RZV), AltShares Event-Driven ET (EVNT), First Trust Mid Cap Value AlphaDEX Fund (FNK) and Fidelity Disruptive Communications ETF (FDCF).
What is W. Erik Carlson's approval rating as DISH Network's CEO?: 648 employees have rated DISH Network Chief Executive Officer W. Erik Carlson on Glassdoor.com. W. Erik Carlson has an approval rating of 55% among the company's employees. This puts W. Erik Carlson in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.
What other stocks do shareholders of DISH Network own?: Based on aggregate information from My MarketBeat watchlists, some companies that other DISH Network investors own include Bank of America (BAC), Intel (INTC), Comcast (CMCSA), Cisco Systems (CSCO), Intelsat (I), Advanced Micro Devices (AMD), Micron Technology (MU), AT&T (T), Ciena (CIEN) and Netflix (NFLX).

What is DISH Network's stock symbol?: DISH Network trades on the NASDAQ under the ticker symbol "DISH."
Who are DISH Network's major shareholders?: DISH Network's stock is owned by a variety of retail and institutional investors. Top institutional investors include Shaolin Capital Management LLC (0.00%), Marshall Wace LLP (2.12%), Thrivent Financial for Lutherans (1.74%), Portman Square Capital LLP (0.00%), Citadel Advisors LLC (0.00%) and Thompson Siegel & Walmsley LLC (0.84%). Insiders that own company stock include James Defranco, Paul W Orban, Thomas A Cullen, Thomas A Cullen and Timothy A Messner.
View institutional ownership trends.
How do I buy shares of DISH Network?: Shares of DISH stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is DISH Network's stock price today?: One share of DISH stock can currently be purchased for approximately $6.27.
How much money does DISH Network make?: DISH Network (NASDAQ:DISH) has a market capitalization of $3.35 billion and generates $16.68 billion in revenue each year. The company earns $2.30 billion in net income (profit) each year or $2.78 on an earnings per share basis.
How many employees does DISH Network have?: The company employs 14,200 workers across the globe.
Does DISH Network have any subsidiaries?: The following companies are subsidiares of DISH Network: Blockbuster, Boost Mobile, DBSD North America, DISH Broadcasting Corporation, DISH DBS Corporation, DISH Network L.L.C., DISH Operating L.L.C., DISH Orbital Corporation, DISH Technologies L.L.C., DISH Wireless Holding L.L.C., DISH Wireless L.L.C., Dish Network Service L.L.C., EchoStar Broadcasting Holding Corporation, Echosphere L.L.C., ParkiFi, Republic Wireless, Sling TV Holding L.L.C., Terrestar, and Ting Mobile.
Read More
How can I contact DISH Network?: DISH Network's mailing address is 9601 South Meridian Boulevard, ENGLEWOOD CO, 80112. The official website for the company is www.dish.com. The company can be reached via phone at (303) 723-1000 or via fax at 303-723-1299.

This page (NASDAQ:DISH) was last updated on 9/23/2023 by MarketBeat.com Staff

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DISH Network (DISH) Stock Forecast, Price & News

DISH Network MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About DISH Network (NASDAQ:DISH) Stock

DISH Price History

DISH Stock News Headlines

DISH Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

Insiders & Institutions

DISH Stock - Frequently Asked Questions

Overall MarketRank^™