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S&P 500   4,179.83
DOW   32,908.27
QQQ   347.99
Stock market today: Global shares mostly rise after House approves debt ceiling deal
“One-Stock Millionaire” IGNORES 99.9% of the Market (Ad)
Alibaba Unveils Its Spin-Off Plans
The Most Upgraded Stocks From The Q1 Earnings Season
“One-Stock Millionaire” IGNORES 99.9% of the Market (Ad)
Oman launches $5B investment fund as part of efforts to diversify oil-dependant economy
Can the Dow's 2023 Runaway Winners Keep Running?
“One-Stock Millionaire” IGNORES 99.9% of the Market (Ad)
KLA Shares Soars As Chip Equipment Makers Surge 21% In May
Can These Two Crypto Stocks Stage a Comeback?
S&P 500   4,179.83
DOW   32,908.27
QQQ   347.99
Stock market today: Global shares mostly rise after House approves debt ceiling deal
“One-Stock Millionaire” IGNORES 99.9% of the Market (Ad)
Alibaba Unveils Its Spin-Off Plans
The Most Upgraded Stocks From The Q1 Earnings Season
“One-Stock Millionaire” IGNORES 99.9% of the Market (Ad)
Oman launches $5B investment fund as part of efforts to diversify oil-dependant economy
Can the Dow's 2023 Runaway Winners Keep Running?
“One-Stock Millionaire” IGNORES 99.9% of the Market (Ad)
KLA Shares Soars As Chip Equipment Makers Surge 21% In May
Can These Two Crypto Stocks Stage a Comeback?
S&P 500   4,179.83
DOW   32,908.27
QQQ   347.99
Stock market today: Global shares mostly rise after House approves debt ceiling deal
“One-Stock Millionaire” IGNORES 99.9% of the Market (Ad)
Alibaba Unveils Its Spin-Off Plans
The Most Upgraded Stocks From The Q1 Earnings Season
“One-Stock Millionaire” IGNORES 99.9% of the Market (Ad)
Oman launches $5B investment fund as part of efforts to diversify oil-dependant economy
Can the Dow's 2023 Runaway Winners Keep Running?
“One-Stock Millionaire” IGNORES 99.9% of the Market (Ad)
KLA Shares Soars As Chip Equipment Makers Surge 21% In May
Can These Two Crypto Stocks Stage a Comeback?
NASDAQ:SATS

EchoStar (SATS) Stock Forecast, Price & News

$15.77
-0.46 (-2.83%)
(As of 05/31/2023 ET)
Compare
Today's Range
$15.63
$16.31
50-Day Range
$15.13
$18.51
52-Week Range
$14.66
$24.63
Volume
210,987 shs
Average Volume
198,495 shs
Market Capitalization
$1.32 billion
P/E Ratio
11.51
Dividend Yield
N/A
Price Target
$28.00

EchoStar MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
77.6% Upside
$28.00 Price Target
Short Interest
Bearish
8.37% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
1.37mentions of EchoStar in the last 14 days
Based on 5 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-50.94%
From $1.06 to $0.52 Per Share

Overall MarketRank

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

2.45 out of 5 stars

Computer And Technology Sector

174th out of 621 stocks

Communication Services, Not Elsewhere Classified Industry

2nd out of 10 stocks


SATS stock logo

About EchoStar (NASDAQ:SATS) Stock

EchoStar Corp. engages in the design, development, and distribution of digital set-top boxes and products for direct-to-home satellite service providers. It operates through the following business segments: Hughes, and EchoStar Satellite Services (ESS). The Hughes segment provides broadband satellite technologies and broadband internet services to domestic and international consumer customers and broadband network technologies, managed services, equipment, hardware, satellite services and communication solutions to service providers and enterprise customers. The ESS segment owns and leases in-orbit satellites and licenses to lease capacity on a full time and occasional use. The company was founded by Charlie William Ergen, Candy Ergen, and James DeFranco in 1980 and is headquartered in Englewood, CO.

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SATS Stock News Headlines

EchoStar Co. (NASDAQ:SATS) Short Interest Down 14.6% in May
“One-Stock Millionaire” IGNORES 99.9% of the Market
During the 2008 financial crisis, millionaire trader Jeff Clark stunned the world when he managed to double his readers’ money 26 TIMES… CNBC caught wind of this and asked Jeff to come on live TV to explain his secret.
EchoStar (NASDAQ:SATS) Sees Unusually-High Trading Volume
EchoStar A earnings preview: what to expect
EchoStar GAAP EPS of $0.35, revenue of $439.6M
Major Financial Crisis Could Hit America
Something strange is happening in our financial system. UBS analysts predict over 50,000 retail locations may close soon. Retail giants like Walmart, Foot Locker, Bed Bath & Beyond, and Macy's are already downsizing their stores. Are you using the best technology to protect your money at all costs?
EchoStar: Q1 Earnings Snapshot
EchoStar (NASDAQ:SATS) Upgraded to "Buy" by StockNews.com
EchoStar (NASDAQ:SATS) Downgraded by StockNews.com to Hold
EchoStar (NASDAQ:SATS) Upgraded to Buy at StockNews.com
KS2 Maths SATs revision - Arithmetic
EchoStar (NASDAQ:SATS) Upgraded by StockNews.com to "Buy"
EchoStar (NASDAQ:SATS) Downgraded to "Hold" at StockNews.com
EchoStar: Includes Catalysts For An Upside
See More Headlines
Receive SATS Stock News and Ratings via Email

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SATS Company Calendar

Last Earnings
11/08/2021
Today
6/01/2023
Next Earnings (Estimated)
8/03/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Communication services, not elsewhere classified
Sub-Industry
Communications Equipment
Current Symbol
NASDAQ:SATS
CUSIP
27876810
Employees
2,300
Year Founded
1980

Price Target and Rating

Average Stock Price Forecast
$28.00
High Stock Price Forecast
$28.00
Low Stock Price Forecast
$28.00
Forecasted Upside/Downside
+77.6%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$177.05 million
Pretax Margin
7.79%

Debt

Sales & Book Value

Annual Sales
$2.00 billion
Cash Flow
$7.44 per share
Book Value
$43.49 per share

Miscellaneous

Free Float
34,265,000
Market Cap
$1.32 billion
Optionable
Optionable
Beta
0.72

Social Links


Key Executives

  • Hamid Akhavan-Malayeri
    President, CEO & Principal Financial Officer
  • T. Paul Gaske
    Chief Operating Officer
  • Adrian Morris
    Chief Technology Officer
  • Veronika Takacs
    Chief Accounting Officer & Controller
  • Terry Brown
    Investor Relations Contact













SATS Stock - Frequently Asked Questions

Should I buy or sell EchoStar stock right now?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for EchoStar in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" SATS shares.
View SATS analyst ratings
or view top-rated stocks.

What is EchoStar's stock price forecast for 2023?

1 brokers have issued 12-month target prices for EchoStar's stock. Their SATS share price forecasts range from $28.00 to $28.00. On average, they anticipate the company's share price to reach $28.00 in the next twelve months. This suggests a possible upside of 77.6% from the stock's current price.
View analysts price targets for SATS
or view top-rated stocks among Wall Street analysts.

How have SATS shares performed in 2023?

EchoStar's stock was trading at $16.68 at the beginning of 2023. Since then, SATS stock has decreased by 5.5% and is now trading at $15.77.
View the best growth stocks for 2023 here
.

Are investors shorting EchoStar?

EchoStar saw a decrease in short interest in May. As of May 15th, there was short interest totaling 2,800,000 shares, a decrease of 14.6% from the April 30th total of 3,280,000 shares. Based on an average trading volume of 236,900 shares, the short-interest ratio is currently 11.8 days. Approximately 8.4% of the company's stock are sold short.
View EchoStar's Short Interest
.

When is EchoStar's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 3rd 2023.
View our SATS earnings forecast
.

How were EchoStar's earnings last quarter?

EchoStar Co. (NASDAQ:SATS) posted its earnings results on Monday, November, 8th. The communications equipment provider reported $0.38 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.34 by $0.04. The communications equipment provider earned $504.66 million during the quarter, compared to the consensus estimate of $496 million. EchoStar had a net margin of 5.92% and a trailing twelve-month return on equity of 3.78%. During the same quarter last year, the business earned $0.26 EPS.

What is Michael T. Dugan's approval rating as EchoStar's CEO?

177 employees have rated EchoStar Chief Executive Officer Michael T. Dugan on Glassdoor.com. Michael T. Dugan has an approval rating of 44% among the company's employees. This puts Michael T. Dugan in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of EchoStar own?

Based on aggregate information from My MarketBeat watchlists, some companies that other EchoStar investors own include NVIDIA (NVDA), Advanced Micro Devices (AMD), Micron Technology (MU), Marvell Technology (MRVL), Cisco Systems (CSCO), Block (SQ), Intel (INTC), Corning (GLW), QUALCOMM (QCOM) and Freeport-McMoRan (FCX).

What is EchoStar's stock symbol?

EchoStar trades on the NASDAQ under the ticker symbol "SATS."

Who are EchoStar's major shareholders?

EchoStar's stock is owned by a number of institutional and retail investors. Top institutional investors include BlackRock Inc. (4.70%), Dimensional Fund Advisors LP (2.84%), Renaissance Technologies LLC (2.07%), JPMorgan Chase & Co. (1.15%), State Street Corp (1.01%) and Thompson Siegel & Walmsley LLC (1.01%). Insiders that own company stock include Anders N Johnson and R Stanton Dodge.
View institutional ownership trends
.

How do I buy shares of EchoStar?

Shares of SATS 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 EchoStar's stock price today?

One share of SATS stock can currently be purchased for approximately $15.77.

How much money does EchoStar make?

EchoStar (NASDAQ:SATS) has a market capitalization of $1.32 billion and generates $2.00 billion in revenue each year. The communications equipment provider earns $177.05 million in net income (profit) each year or $1.37 on an earnings per share basis.

How many employees does EchoStar have?

The company employs 2,300 workers across the globe.

Does EchoStar have any subsidiaries?
The following companies are subsidiares of EchoStar: EchoStar Corporation, EchoStar Mexico Holdings Corporation, EchoStar Mobile Limited, EchoStar Operating L.L.C., EchoStar Orbital L.L.C., EchoStar Real Estate Corporation IV, EchoStar Satellite Services L.L.C., EchoStar XXIV L.L.C., HNS Americas Comunicacoes, HNS Participacoes e Empreendimentos, Helios Wire, Hughes Communications Inc., Hughes Communications India Private Ltd, Hughes Network Systems LLC, Hughes Satellite Systems Corporation, Hughes Systique Corporation, Hughes Telecommunicacoes do Brasil, Move Networks, Satmex, Sawatch Limited, and Sling Media.
Read More
How can I contact EchoStar?

EchoStar's mailing address is 100 INVERNESS TERRACE EAST, ENGLEWOOD CO, 80112. The official website for the company is www.echostar.com. The communications equipment provider can be reached via phone at (303) 706-4000 or via fax at 303-723-1999.

This page (NASDAQ:SATS) was last updated on 6/1/2023 by MarketBeat.com Staff

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