S&P 500   5,137.08
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Lawyers who successfully argued Musk pay package was illegal seek $5.6 billion in Tesla stock
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Sports analytics may be outnumbered when it comes to artificial intelligence
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Head Start preschools aim to fight poverty, but their teachers struggle to make ends meet
Critical asset just had biggest fall on record (Ad)
What to watch for as China's major political meeting of the year gets underway
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Lawyers who successfully argued Musk pay package was illegal seek $5.6 billion in Tesla stock
Critical asset just had biggest fall on record (Ad)
Sports analytics may be outnumbered when it comes to artificial intelligence
Norway's hospitalized king gets a pacemaker in Malaysia after falling ill during vacation
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Chicago 'mansion' tax to fund homeless services stuck in legal limbo while on the ballot
Head Start preschools aim to fight poverty, but their teachers struggle to make ends meet
Critical asset just had biggest fall on record (Ad)
What to watch for as China's major political meeting of the year gets underway
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Lawyers who successfully argued Musk pay package was illegal seek $5.6 billion in Tesla stock
Critical asset just had biggest fall on record (Ad)
Sports analytics may be outnumbered when it comes to artificial intelligence
Norway's hospitalized king gets a pacemaker in Malaysia after falling ill during vacation
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Chicago 'mansion' tax to fund homeless services stuck in legal limbo while on the ballot
Head Start preschools aim to fight poverty, but their teachers struggle to make ends meet
Critical asset just had biggest fall on record (Ad)
What to watch for as China's major political meeting of the year gets underway
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Lawyers who successfully argued Musk pay package was illegal seek $5.6 billion in Tesla stock
Critical asset just had biggest fall on record (Ad)
Sports analytics may be outnumbered when it comes to artificial intelligence
Norway's hospitalized king gets a pacemaker in Malaysia after falling ill during vacation
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Chicago 'mansion' tax to fund homeless services stuck in legal limbo while on the ballot
Head Start preschools aim to fight poverty, but their teachers struggle to make ends meet
Critical asset just had biggest fall on record (Ad)
What to watch for as China's major political meeting of the year gets underway
NASDAQ:TSAT

Telesat (TSAT) Stock Price, News & Analysis

$8.47
+0.01 (+0.12%)
(As of 03/1/2024 ET)
Today's Range
$8.45
$8.92
50-Day Range
$8.24
$10.47
52-Week Range
$6.13
$22.75
Volume
12,467 shs
Average Volume
19,874 shs
Market Capitalization
$108.50 million
P/E Ratio
0.92
Dividend Yield
N/A
Price Target
N/A

TSAT stock logo

About Telesat Stock (NASDAQ:TSAT)

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 Stock Price History

TSAT Stock News Headlines

This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
TSAT Mar 2024 10.000 call
Telesat: Top 10 Undervalued Hardware Industry Stocks (TSAT)
This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
Telesat Corporation
Telesat Corp Class A TSAT
Telesat Corp Class A
Telesat Third Quarter 2023 Earnings Conference Call
Returns At Telesat (TSE:TSAT) Appear To Be Weighed Down
Telesat taps SpaceX to launch broadband satellites in orbit
Telesat (NASDAQ: TSAT)
See More Headlines
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Company Calendar

Today
3/02/2024
Next Earnings (Estimated)
4/03/2024
Fiscal Year End
12/31/2024

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
99.32%

Debt

Sales & Book Value

Annual Sales
$583.95 million
Cash Flow
$10.86 per share
Book Value
$110.27 per share

Miscellaneous

Free Float
7,606,000
Market Cap
$108.50 million
Optionable
Optionable
Beta
2.09
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TSAT Stock Analysis - Frequently Asked Questions

How have TSAT shares performed in 2024?

Telesat's stock was trading at $10.43 at the beginning of the year. Since then, TSAT shares have decreased by 18.8% and is now trading at $8.47.
View the best growth stocks for 2024 here
.

Are investors shorting Telesat?

Telesat saw a decrease in short interest during the month of February. As of February 15th, there was short interest totaling 171,900 shares, a decrease of 17.4% from the January 31st total of 208,100 shares. Based on an average daily trading volume, of 30,300 shares, the days-to-cover ratio is presently 5.7 days. Currently, 1.4% of the shares of the stock are short sold.
View Telesat's Short Interest
.

When is Telesat's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 3rd 2024.
View our TSAT earnings forecast
.

What ETF holds Telesat's stock ?

Simplify Propel Opportunities ETF holds 160,781 shares of TSAT stock, representing 1.45% of its portfolio.

Who are Telesat's major shareholders?

Telesat's stock is owned by many different institutional and retail investors. Top institutional shareholders include Gamco Investors INC. ET AL (16.57%), Heard Capital LLC (13.89%), Gabelli Funds LLC (8.27%), Garnet Equity Capital Holdings Inc. (0.79%), Platform Technology Partners (0.33%) and Quadrature Capital Ltd (0.15%).

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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:TSAT) was last updated on 3/3/2024 by MarketBeat.com Staff