EchoStar - SATS Stock Forecast, Price & News

2 Wall Street 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 analysts is that investors should "buy" SATS shares.
View SATS analyst ratings or view top-rated stocks.

2 equities research analysts have issued 1-year price targets for EchoStar's shares. Their SATS share price forecasts range from $25.00 to $27.00. On average, they anticipate the company's stock price to reach $26.00 in the next year. This suggests a possible upside of 52.0% 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 $26.35 on January 1st, 2022. Since then, SATS shares have decreased by 35.1% and is now trading at $17.10.
View the best growth stocks for 2022 here.

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

EchoStar Co. (NASDAQ:SATS) announced its quarterly 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 quarter in the previous year, the business earned $0.26 EPS.

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 variety of institutional and retail investors. Top institutional investors include BlackRock Inc. (3.88%), Vanguard Group Inc. (3.85%), Dimensional Fund Advisors LP (2.51%), Renaissance Technologies LLC (2.33%), Brown Advisory Inc. (1.89%) and Epoch Investment Partners Inc. (1.41%). Insiders that own company stock include Anders N Johnson, C Mike Schroeder and R Stanton Dodge.
View institutional ownership trends.

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.

One share of SATS stock can currently be purchased for approximately $17.10.

EchoStar (NASDAQ:SATS) has a market capitalization of $1.42 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.

The company employs 2,500 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.