S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
MarketBeat Week in Review – 1/30 - 2/3
A gold storm is coming… (Ad)
State of the Union: Biden sees economic glow, GOP sees gloom
Why a new Alzheimer's drug is having a slow US debut
A gold storm is coming… (Ad)
Sri Lanka marks independence anniversary amid economic woes
Tesla hikes price of Model Y after US alters tax credit rule
“Future Fuel” will unleash $11 trillion wave of wealth (Ad)
Disney World unions vote down offer covering 45,000 workers
Route to Super Bowl dangerous for Mexico's avocado haulers
S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
MarketBeat Week in Review – 1/30 - 2/3
A gold storm is coming… (Ad)
State of the Union: Biden sees economic glow, GOP sees gloom
Why a new Alzheimer's drug is having a slow US debut
A gold storm is coming… (Ad)
Sri Lanka marks independence anniversary amid economic woes
Tesla hikes price of Model Y after US alters tax credit rule
“Future Fuel” will unleash $11 trillion wave of wealth (Ad)
Disney World unions vote down offer covering 45,000 workers
Route to Super Bowl dangerous for Mexico's avocado haulers
S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
MarketBeat Week in Review – 1/30 - 2/3
A gold storm is coming… (Ad)
State of the Union: Biden sees economic glow, GOP sees gloom
Why a new Alzheimer's drug is having a slow US debut
A gold storm is coming… (Ad)
Sri Lanka marks independence anniversary amid economic woes
Tesla hikes price of Model Y after US alters tax credit rule
“Future Fuel” will unleash $11 trillion wave of wealth (Ad)
Disney World unions vote down offer covering 45,000 workers
Route to Super Bowl dangerous for Mexico's avocado haulers
S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
MarketBeat Week in Review – 1/30 - 2/3
A gold storm is coming… (Ad)
State of the Union: Biden sees economic glow, GOP sees gloom
Why a new Alzheimer's drug is having a slow US debut
A gold storm is coming… (Ad)
Sri Lanka marks independence anniversary amid economic woes
Tesla hikes price of Model Y after US alters tax credit rule
“Future Fuel” will unleash $11 trillion wave of wealth (Ad)
Disney World unions vote down offer covering 45,000 workers
Route to Super Bowl dangerous for Mexico's avocado haulers
NASDAQ:SATS

EchoStar - SATS Stock Forecast, Price & News

$18.79
-0.26 (-1.36%)
(As of 02/3/2023 12:00 AM ET)
Add
Compare
Today's Range
$18.31
$19.19
50-Day Range
$15.83
$19.05
52-Week Range
$15.26
$26.80
Volume
167,594 shs
Average Volume
218,499 shs
Market Capitalization
$1.56 billion
P/E Ratio
30.80
Dividend Yield
N/A
Price Target
$26.00

EchoStar MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
38.4% Upside
$26.00 Price Target
Short Interest
Bearish
13.52% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.27mentions of EchoStar in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-64.71%
From $1.36 to $0.48 Per Share

Overall MarketRank

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

2.11 out of 5 stars

Computer And Technology Sector

296th out of 610 stocks

Communication Services, Not Elsewhere Classified Industry

5th out of 8 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.

Receive SATS Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for EchoStar and its competitors with MarketBeat's FREE daily newsletter.

SATS Stock News Headlines

EchoStar Begins Construction of Global S-band Network
“Future Fuel” will unleash $11 trillion wave of wealth
The next major energy revolution is unfolding right now. And it could hand early investors as much as 46,700% gains…
What EchoStar Might See in Sirius XM
“Future Fuel” will unleash $11 trillion wave of wealth
The next major energy revolution is unfolding right now. And it could hand early investors as much as 46,700% gains…
EchoStar Is Not An Opportunity Yet, Too Much Risk Ahead
EchoStar Corporation (SATS)
See More Headlines
Receive SATS Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for EchoStar and its competitors with MarketBeat's FREE daily newsletter.

SATS Company Calendar

Last Earnings
11/08/2021
Today
2/05/2023
Next Earnings (Estimated)
2/23/2023
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
2,500
Year Founded
1980

Price Target and Rating

Average Stock Price Forecast
$26.00
High Stock Price Forecast
$27.00
Low Stock Price Forecast
$25.00
Forecasted Upside/Downside
+38.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
2 Analysts

Profitability

Net Income
$72.88 million
Pretax Margin
4.65%

Debt

Sales & Book Value

Annual Sales
$1.99 billion
Cash Flow
$6.46 per share
Book Value
$39.51 per share

Miscellaneous

Free Float
34,001,000
Market Cap
$1.56 billion
Optionable
Optionable
Beta
0.77

Social Links


Key Executives

  • Hamid Akhavan-Malayeri
    President, CEO & Principal Financial Officer
  • T. Paul Gaske
    Chief Operating Officer
  • Dean Alfred Manson
    Secretary, Executive VP & General Counsel
  • Michelle Pearre
    Senior VP-Human Resources & Administration
  • Jeffrey S. Boggs
    Chief Accounting Officer













SATS Stock - Frequently Asked Questions

Should I buy or sell EchoStar stock right now?

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.

What is EchoStar's stock price forecast for 2023?

2 analysts have issued 12-month target prices for EchoStar's stock. Their SATS share price forecasts range from $25.00 to $27.00. On average, they predict the company's share price to reach $26.00 in the next twelve months. This suggests a possible upside of 38.4% 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 on January 1st, 2023. Since then, SATS shares have increased by 12.6% and is now trading at $18.79.
View the best growth stocks for 2023 here
.

When is EchoStar's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 23rd 2023.
View our SATS earnings forecast
.

How were EchoStar's earnings last quarter?

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 2.57% and a trailing twelve-month return on equity of 2.78%. During the same period in the prior year, the business posted $0.26 earnings per share.

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 retail and institutional investors. Top institutional shareholders include DORCHESTER WEALTH MANAGEMENT Co (0.30%), Allspring Global Investments Holdings LLC (0.11%), CWM LLC (0.08%), Ziegler Capital Management LLC (0.05%), Carolina Wealth Advisors LLC (0.02%) and Inspire Investing LLC (0.02%). Insiders that own company stock include Anders N Johnson, C Mike Schroeder 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 $18.79.

How much money does EchoStar make?

EchoStar (NASDAQ:SATS) has a market capitalization of $1.56 billion and generates $1.99 billion in revenue each year. The communications equipment provider earns $72.88 million in net income (profit) each year or $0.61 on an earnings per share basis.

How many employees does EchoStar have?

The company employs 2,500 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 2/5/2023 by MarketBeat.com Staff