EchoStar - SATS Stock Forecast, Price & News

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

2 analysts have issued 12-month target prices for EchoStar's stock. Their SATS share price forecasts range from $25.00 to $28.00. On average, they predict the company's share price to reach $26.50 in the next twelve months. This suggests a possible upside of 43.1% from the stock's current price.
View analysts price targets for SATS or view top-rated stocks among Wall Street analysts.

EchoStar's stock was trading at $16.68 on January 1st, 2023. Since then, SATS shares have increased by 11.0% and is now trading at $18.52.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, May 4th 2023.
View our SATS earnings forecast.

EchoStar Co. (NASDAQ:SATS) released its earnings results on Monday, November, 8th. The communications equipment provider reported $0.38 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.34 by $0.04. The communications equipment provider had revenue of $504.66 million for the quarter, compared to analysts' expectations of $496 million. EchoStar had a net margin of 8.86% and a trailing twelve-month return on equity of 3.69%. During the same period in the prior year, the business posted $0.26 earnings per share.

ETFs with the largest weight of EchoStar (NASDAQ:SATS) stock in their portfolio include Invesco Dynamic Market ETF (PWC), Royce Quant Small-Cap Quality Value ETF (SQLV), Invesco Nasdaq Future Gen 200 ETF (QQQS), First Trust Active Factor Mid Cap ETF (AFMC), First Trust Active Factor Small Cap ETF (AFSM), iShares US Small Cap Value Factor ETF (SVAL), JPMorgan Diversified Return U.S. Small Cap Equity ETF (JPSE) and Inspire Small/Mid Cap ETF (ISMD).

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.

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).

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

EchoStar's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Dimensional Fund Advisors LP (2.63%), Renaissance Technologies LLC (2.13%), Brown Advisory Inc. (1.50%), Millennium Management LLC (1.37%), JPMorgan Chase & Co. (1.17%) and Thompson Siegel & Walmsley LLC (1.06%). Insiders that own company stock include Anders N Johnson, C Mike Schroeder and R Stanton Dodge.
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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.
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One share of SATS stock can currently be purchased for approximately $18.52.

EchoStar (NASDAQ:SATS) has a market capitalization of $1.54 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 $2.08 on an earnings per share basis.

The company employs 2,300 workers across the globe.

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.