NYSE:IIntelsat Stock Price, Forecast & News

Intelsat's stock was trading at $2.28 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, I shares have decreased by 83.2% and is now trading at $0.3826. View which stocks have been most impacted by Coronavirus.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Intelsat in the last year. There are currently 2 sell ratings and 4 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Intelsat.

Intelsat is scheduled to release its next quarterly earnings announcement on Monday, June 15th 2020. View our earnings forecast for Intelsat.

Intelsat SA (NYSE:I) released its quarterly earnings results on Thursday, February, 20th. The technology company reported ($0.81) EPS for the quarter, beating the consensus estimate of ($0.99) by $0.18. The technology company had revenue of $516.95 million for the quarter, compared to analyst estimates of $500.87 million. The business's revenue for the quarter was down 4.8% compared to the same quarter last year. During the same period in the prior year, the business posted ($0.81) EPS. View Intelsat's earnings history.

6 equities research analysts have issued twelve-month price targets for Intelsat's shares. Their forecasts range from $0.50 to $12.00. On average, they expect Intelsat's stock price to reach $7.73 in the next twelve months. This suggests a possible upside of 1,921.3% from the stock's current price. View analysts' price targets for Intelsat.

News coverage about I stock has trended somewhat negative recently, according to InfoTrie Sentiment Analysis. InfoTrie ranks the sentiment of media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Intelsat earned a news sentiment score of -1.6 on InfoTrie's scale. They also gave headlines about the technology company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View the latest news aboutIntelsat.

Intelsat saw a increase in short interest in May. As of May 15th, there was short interest totaling 36,900,000 shares, an increase of 17.9% from the April 30th total of 31,290,000 shares. Based on an average trading volume of 8,240,000 shares, the days-to-cover ratio is currently 4.5 days. Approximately 44.6% of the company's shares are sold short. View Intelsat's Current Options Chain.

Some companies that are related to Intelsat include ORBCOMM (ORBC), Gogo (GOGO), Remark (MARK), B Communications (BCOM), RigNet (RNET), Dropcar (DCAR), Lithium Co.. (LTUM), Global Eagle Entertainment (ENT), Plaintree Systems (PTEEF), Directview (DIRV), Towerstream (TWER), China Teletech (CNCT) and RadioIO (RAIO). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Intelsat investors own include Bank of America (BAC), Fossil Group (FOSL), AMC Entertainment (AMC), Associated British Foods (ABF), Chaarat Gold (CGH), First Data (FDC), Ciena (CIEN), Apollo Global Management (APO), China Unicom (Hong Kong) (CHU) and Air Canada (AC).

Intelsat trades on the New York Stock Exchange (NYSE) under the ticker symbol "I."

Intelsat's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (2.44%), Key Square Capital Management LLC (2.04%), Wexford Capital LP (1.21%), Voloridge Investment Management LLC (0.80%), Quantitative Investment Management LLC (0.63%) and Federated Hermes Inc. (0.60%). Company insiders that own Intelsat stock include David Mcglade, David Tolley, Samer Halawi and Stephen Spengler. View institutional ownership trends for Intelsat.

I stock was sold by a variety of institutional investors in the last quarter, including UBS Group AG, Geode Capital Management LLC, Key Square Capital Management LLC, Healthcare of Ontario Pension Plan Trust Fund, Nuveen Asset Management LLC, Two Sigma Investments LP, BNP Paribas Arbitrage SA, and Gamco Investors INC. ET AL. Company insiders that have sold Intelsat company stock in the last year include David Mcglade, David Tolley, Samer Halawi, and Stephen Spengler. View insider buying and selling activity for Intelsat.

I stock was purchased by a variety of institutional investors in the last quarter, including Wexford Capital LP, Quantitative Investment Management LLC, Federated Hermes Inc., Voloridge Investment Management LLC, Parametric Portfolio Associates LLC, Parametrica Management Ltd, Alliancebernstein L.P., and Quinn Opportunity Partners LLC. View insider buying and selling activity for Intelsat.

Shares of I 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, Robinhood, Fidelity, and Charles Schwab.

One share of I stock can currently be purchased for approximately $0.38.

Intelsat has a market capitalization of $54.38 million and generates $2.06 billion in revenue each year. The technology company earns $-913,590,000.00 in net income (profit) each year or ($3.79) on an earnings per share basis. Intelsat employs 1,195 workers across the globe.

The official website for Intelsat is www.intelsat.com.

Intelsat's mailing address is 4 rue Albert Borschette, Luxembourg N4, L-1246. The technology company can be reached via phone at 352-2784-1600 or via email at [email protected]