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NVDA   437.22 (+1.47%)
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AMD   104.12 (+1.32%)
T   15.01 (+0.00%)
F   12.57 (+0.08%)
MU   68.15 (+4.52%)
CGC   0.80 (-1.19%)
GE   110.54 (-1.60%)
DIS   80.88 (+0.94%)
AMC   8.01 (+2.82%)
PFE   32.95 (+2.68%)
PYPL   58.70 (+0.89%)
NFLX   378.04 (+0.45%)
NASDAQ:TSAT

Telesat (TSAT) Stock Forecast, Price & News

$14.38
+0.96 (+7.15%)
(As of 12:27 PM ET)
Compare
Today's Range
$13.57
$15.17
50-Day Range
$8.40
$21.85
52-Week Range
$6.00
$22.75
Volume
92,039 shs
Average Volume
233,996 shs
Market Capitalization
$184.21 million
P/E Ratio
2.55
Dividend Yield
N/A
Price Target
N/A

TSAT stock logo

About Telesat (NASDAQ:TSAT) Stock

Telesat 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.

TSAT Price History

TSAT Stock News Headlines

Uranium Prices Surge as Nuclear Energy Becomes Key
Renewed interest in uranium and rising prices have created a favorable environment for new projects.
Telesat taps SpaceX to launch broadband satellites in orbit
Telesat (NASDAQ: TSAT)
Closing Bell: Telesat Corp down on Monday (TSAT)
Uranium Prices Surge as Nuclear Energy Becomes Key
Renewed interest in uranium and rising prices have created a favorable environment for new projects.
Closing Bell: Telesat Corp down on Thursday (TSAT)
Why Is Telesat (TSAT) Stock Up 50% Today?
Telesat says MDA to build 198 satellites for $2.1 bln
MDA, Telesat Hit 52-Week Highs on News
Why Telesat Stock Is Shooting Higher Today
Telesat Second Quarter 2023 Earnings Conference Call
Stocks in play: Telesat Corporation
See More Headlines
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TSAT Company Calendar

Last Earnings
8/11/2023
Today
9/29/2023
Next Earnings (Estimated)
11/14/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Communication services, not elsewhere classified
Sub-Industry
N/A
Current Symbol
NASDAQ:TSAT
Employees
N/A
Year Founded
N/A

Profitability

Net Income
$-18,000,000.00
Pretax Margin
65.33%

Debt

Sales & Book Value

Annual Sales
$583.95 million
Cash Flow
$10.57 per share
Book Value
$110.27 per share

Miscellaneous

Free Float
7,606,000
Market Cap
$171.91 million
Optionable
Optionable
Beta
1.94
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Key Executives

  • Daniel S. Goldberg
    President & Chief Executive Officer
  • Christopher Stephen DiFrancesco
    Secretary & Director













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

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