NASDAQ:TSAT Telesat (TSAT) Stock Forecast, Price & News $14.38 +0.96 (+7.15%) (As of 12:27 PM ET) Add Compare Share Share Today's Range$13.57▼$15.1750-Day Range$8.40▼$21.8552-Week Range$6.00▼$22.75Volume92,039 shsAverage Volume233,996 shsMarket Capitalization$184.21 millionP/E Ratio2.55Dividend YieldN/APrice TargetN/A ProfileProfileChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media About Telesat (NASDAQ:TSAT) StockTelesat Corporation, a satellite operator, provides mission-critical communications solutions to broadcast, enterprise, and consulting customers worldwide. The company's satellite-based services allow direct-to-home (DTH) service providers to deliver television programming, audio, and information channels directly to customers' homes; and enables broadcasters, cable networks, and DTH service providers to transmit television programming services. It offers value-added services that include satellite capacity, digital encoding of video channels, authorization, and uplinking and downlinking services; and occasional use services for the broadcast of video news, sports, and live event coverages. The company also provides satellite capacity and end-to-end services comprising space segment services and terrestrial facilities for enterprise connectivity, and internet and cellular backhaul; rural telephony to telecommunications carriers and network services integrators; and other satellite services. In addition, it offers direct-to-consumer broadband services; communications services for the oil and gas and mining industries; and broadband communication services to maritime and aeronautical markets comprising commercial airplanes and vessels. Further, the company operates satellite and hybrid satellite/terrestrial networks. Additionally, it provides satellite operator services; and consulting services related to space and earth segments, government studies, research and development, and satellite control services. The company offers its services primarily through a direct sales force. As of December 31, 2020, it operated a fleet of 15 in-orbit geostationary satellites and a Canadian payload on the ViaSat-1 satellite. The company was founded in 1969 and is headquartered in Ottawa, Canada. Telesat Corporation is a subsidiary of Loral Space & Communications Inc.Read More TSAT Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart TSAT Stock News HeadlinesSeptember 12, 2023 | msn.comSpaceX, Telesat Join Forces: Falcon 9 Rockets To Ferry Broadband Satellites 14 Times To Low-Earth OrbitSeptember 12, 2023 | msn.comCanada's Telesat taps SpaceX to launch its broadband satellites in orbitSeptember 29, 2023 | PressReach (Ad)Uranium Prices Surge as Nuclear Energy Becomes KeyRenewed interest in uranium and rising prices have created a favorable environment for new projects.September 11, 2023 | theglobeandmail.comTelesat taps SpaceX to launch broadband satellites in orbitSeptember 11, 2023 | msn.comTelesat taps SpaceX to launch its broadband satellites in orbitSeptember 11, 2023 | benzinga.comTelesat and SpaceX Announce 14-Launch Agreement for Advanced Telesat Lightspeed LEO SatellitesSeptember 9, 2023 | fool.comTelesat (NASDAQ: TSAT)August 28, 2023 | theglobeandmail.comClosing Bell: Telesat Corp down on Monday (TSAT)September 29, 2023 | PressReach (Ad)Uranium Prices Surge as Nuclear Energy Becomes KeyRenewed interest in uranium and rising prices have created a favorable environment for new projects.August 18, 2023 | theglobeandmail.comClosing Bell: Telesat Corp down on Thursday (TSAT)August 15, 2023 | msn.comFunding For Next Gen Satellites Creates Opportunity For TelesatAugust 14, 2023 | theglobeandmail.comTelesat: Stocks trading at Less Than Cash Value on TSX (TSAT)August 11, 2023 | investorplace.comWhy Is Telesat (TSAT) Stock Up 50% Today?August 11, 2023 | msn.comTSX up 36 Points With Energy Leading Gains, Info Tech DownAugust 11, 2023 | theglobeandmail.comTelesat says MDA to build 198 satellites for $2.1 blnAugust 11, 2023 | msn.comCanada's Telesat says MDA to build 198 satellites, shares soarAugust 11, 2023 | baystreet.caMDA, Telesat Hit 52-Week Highs on NewsAugust 11, 2023 | markets.businessinsider.comWhy Telesat Stock Is Shooting Higher TodayAugust 11, 2023 | msn.comWhy Telesat Stock Rocketed 50 Percent TodayAugust 11, 2023 | finance.yahoo.comTelesat Reports Results for the Quarter and Six Months Ended June 30, 2023August 11, 2023 | finance.yahoo.comTelesat Contracts MDA as Prime Satellite Manufacturer for Its Advanced Telesat Lightspeed Low Earth Orbit ConstellationAugust 3, 2023 | finance.yahoo.comTelesat Second Quarter 2023 Earnings Conference CallJuly 18, 2023 | ca.finance.yahoo.comStocks in play: Telesat CorporationJuly 5, 2023 | finance.yahoo.comFCC Issues Telesat Phase II Certification of Accelerated Relocation OrderJune 27, 2023 | finance.yahoo.comShareholders in Telesat (TSE:TSAT) are in the red if they invested a year agoJune 26, 2023 | finance.yahoo.comTelesat Announces Results of 2023 Annual Meeting of ShareholdersMay 16, 2023 | finance.yahoo.comHere's What's Concerning About Telesat's (TSE:TSAT) Returns On CapitalSee More Headlines Receive TSAT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Telesat and its competitors with MarketBeat's FREE daily newsletter. Email Address TSAT Company Calendar Last Earnings8/11/2023Today9/29/2023Next Earnings (Estimated)11/14/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Communication services, not elsewhere classified Sub-IndustryN/A SectorComputer and Technology Current SymbolNASDAQ:TSAT CUSIPN/A CIK1845840 Webwww.loral.com Phone(212) 697-1105Fax212-338-5662EmployeesN/AYear FoundedN/AProfitability EPS (Most Recent Fiscal Year)$5.64 Trailing P/E Ratio2.38 Forward P/E RatioN/A P/E GrowthN/ANet Income$-18,000,000.00 Net Margins14.71% Pretax Margin65.33% Return on Equity-0.54% Return on Assets-0.16% Debt Debt-to-Equity Ratio1.48 Current Ratio13.10 Quick Ratio13.10 Sales & Book Value Annual Sales$583.95 million Price / Sales0.29 Cash Flow$10.57 per share Price / Cash Flow1.27 Book Value$110.27 per share Price / Book0.12Miscellaneous Outstanding Shares12,810,000Free Float7,606,000Market Cap$171.91 million OptionableOptionable Beta1.94 12 Stocks Corporate Insiders are AbandoningIf a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know?Get This Free Report Key ExecutivesDaniel S. GoldbergPresident & Chief Executive OfficerChristopher Stephen DiFrancescoSecretary & DirectorKey CompetitorsMynaricNASDAQ:MYNARigetti ComputingNASDAQ:RGTI2UNASDAQ:TWOUEdgioNASDAQ:EGIOBaozunNASDAQ:BZUNView All CompetitorsInstitutional OwnershipCitadel Advisors LLCSold 800 shares on 8/15/2023Ownership: 0.000%Heard Capital LLCBought 9,710 shares on 8/11/2023Ownership: 13.999%Tejara Capital LtdSold 8,596 shares on 8/11/2023Ownership: 1.075%Renaissance Technologies LLCBought 10,700 shares on 8/11/2023Ownership: 0.084%Trexquant Investment LPSold 5,116 shares on 8/11/2023Ownership: 0.082%View All Institutional Transactions TSAT Stock - Frequently Asked Questions How have TSAT shares performed in 2023? Telesat's stock was trading at $7.50 on January 1st, 2023. Since then, TSAT stock has increased by 78.9% and is now trading at $13.42. View the best growth stocks for 2023 here. When is Telesat's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 14th 2023. View our TSAT earnings forecast. How were Telesat's earnings last quarter? Telesat Corp (NASDAQ:TSAT) announced its quarterly earnings results on Friday, August, 11th. The company reported $1.53 earnings per share (EPS) for the quarter. The business had revenue of $133.83 million for the quarter. Telesat had a negative trailing twelve-month return on equity of 0.54% and a net margin of 14.71%. What ETF holds Telesat's stock ? Simplify Propel Opportunities ETF holds 160,781 shares of TSAT stock, representing 1.45% of its portfolio. What guidance has Telesat issued on next quarter's earnings? Telesat updated its FY 2023 earnings guidance on Friday, August, 11th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $511.11 million-$525.93 million. What is Telesat's stock symbol? Telesat trades on the NASDAQ under the ticker symbol "TSAT." How do I buy shares of Telesat? Shares of TSAT 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 Telesat's stock price today? One share of TSAT stock can currently be purchased for approximately $13.42. How much money does Telesat make? Telesat (NASDAQ:TSAT) has a market capitalization of $171.91 million and generates $583.95 million in revenue each year. The company earns $-18,000,000.00 in net income (profit) each year or $5.64 on an earnings per share basis. How can I contact Telesat? Telesat's mailing address is 600 Fifth Avenue, New York NY, 10020. The official website for the company is www.loral.com. The company can be reached via phone at (212) 697-1105, via email at ir@telesat.com, or via fax at 212-338-5662. This page (NASDAQ:TSAT) was last updated on 9/29/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Telesat Corp Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. 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