NYSE:ATUS - Altice USA Stock Price, Price Target & More

Altice USA trades on the New York Stock Exchange (NYSE) under the ticker symbol "ATUS."

Altice USA declared a dividend on Tuesday, May 15th. Investors of record on Tuesday, May 22nd will be given a dividend of $2.035 per share on Wednesday, June 6th. The ex-dividend date of this dividend is Thursday, June 7th. View Altice USA's Dividend History.

Altice USA Inc (NYSE:ATUS) announced its quarterly earnings results on Wednesday, May, 9th. The company reported ($0.17) EPS for the quarter, missing the Zacks' consensus estimate of ($0.12) by $0.05. The company had revenue of $2.33 billion for the quarter, compared to analyst estimates of $2.34 billion. Altice USA had a negative return on equity of 6.78% and a net margin of 15.69%. Altice USA's revenue for the quarter was up 1.2% compared to the same quarter last year. During the same period in the previous year, the company posted ($0.12) earnings per share. View Altice USA's Earnings History.

20 Wall Street analysts have issued twelve-month target prices for Altice USA's stock. Their forecasts range from $19.91 to $35.29. On average, they expect Altice USA's stock price to reach $26.9316 in the next twelve months. This suggests a possible upside of 52.7% from the stock's current price. View Analyst Ratings for Altice USA.

20 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Altice USA in the last year. There are currently 2 hold ratings, 17 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy."

Altice USA saw a decrease in short interest in the month of June. As of June 29th, there was short interest totalling 18,388,556 shares, a decrease of 37.4% from the June 15th total of 29,370,624 shares. Based on an average daily trading volume, of 7,136,489 shares, the short-interest ratio is presently 2.6 days. Approximately 5.4% of the shares of the company are sold short. View Altice USA's Current Options Chain.

Some companies that are related to Altice USA include Rogers Communications Inc. Class B (RCI), Liberty Global PLC Class A (LBTYA), Liberty Global PLC Class B (LBTYB), Liberty Global PLC Class C (LBTYK), DISH Network (DISH), Liberty Broadband Corp Series C (LBRDK), Liberty Broadband Corp Series A (LBRDA), DISCOVERY COMMUNICATIONS INC. Common Stock (DISCA), Discovery Inc Series C (DISCK), Viacom, Inc. Class B (VIAB), Qurate Retail Inc Series B (QRTEB), Shaw Communications Inc Class B (SJR), ITV PLC/ADR (ITVPY), Roku (ROKU) and Cable One (CABO).

(ATUS) raised $1.4 billion in an initial public offering on Thursday, June 22nd 2017. The company issued 46,600,000 shares at $27.00-$31.00 per share. J.P. Morgan, Morgan Stanley, Citigroup, Goldman, Sachs, BofA Merrill Lynch, Barclays, BNP PARIBAS, Deutsche Bank Securities and RBC Capital Markets served as the underwriters for the IPO and Scotiabank, SOCIETE GENERALE and TD Securities were co-managers.

Media stories about ATUS stock have trended somewhat positive this week, Accern reports. The research group rates the sentiment of media coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Altice USA earned a media sentiment score of 0.21 on Accern's scale. They also gave media stories about the company an impact score of 47.13 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the near term.

Altice USA's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include NN Investment Partners Holdings N.V. (0.15%), Exane Derivatives (0.01%), Verde Servicos Internacionais S.A. (0.01%), Retirement Systems of Alabama (0.00%), Pendal Group Ltd (0.00%) and Livforsakringsbolaget Skandia Omsesidigt (0.00%). Company insiders that own Altice USA stock include Abdelhakim Boubazine, Bc European Capital Ix Ltd, Lisa Rosenblum, Mark Mullen and Victoria Mink. View Institutional Ownership Trends for Altice USA.

ATUS stock was sold by a variety of institutional investors in the last quarter, including Pendal Group Ltd and Verde Servicos Internacionais S.A.. View Insider Buying and Selling for Altice USA.

ATUS stock was acquired by a variety of institutional investors in the last quarter, including NN Investment Partners Holdings N.V., Exane Derivatives, Retirement Systems of Alabama and Livforsakringsbolaget Skandia Omsesidigt. Company insiders that have bought Altice USA stock in the last two years include Abdelhakim Boubazine, Lisa Rosenblum, Mark Mullen and Victoria Mink. View Insider Buying and Selling for Altice USA.

Shares of ATUS can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of ATUS stock can currently be purchased for approximately $17.64.

Altice USA has a market capitalization of $13.16 billion and generates $9.33 billion in revenue each year. The company earns $1.52 billion in net income (profit) each year or $0.02 on an earnings per share basis. Altice USA employs 9,414 workers across the globe.

Altice USA's mailing address is 1 Court Square West, Long Island City NY, 11101. The company can be reached via phone at 516-803-2300 or via email at [email protected]