CHTR - Charter Communications, Inc.
| Previous Close | 384.51 |
| Open | 388.18 |
| Bid | 0.00 x 800 |
| Ask | 0.00 x 800 |
| Day's Range | 387.05 - 391.55 |
| 52 Week Range | 272.91 - 417.13 |
| Volume | 945,621 |
| Avg. Volume | 1,085,073 |
| Market Cap | 86.026B |
| Beta (3Y Monthly) | 1.14 |
| PE Ratio (TTM) | 65.68 |
| EPS (TTM) | 5.91 |
| Earnings Date | Oct 24, 2019 - Oct 28, 2019 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | 426.70 |
- Zacks
Top Research Reports for Berkshire Hathaway, Johnson & Johnson & NVIDIA
Top Research Reports for Berkshire Hathaway, Johnson & Johnson & NVIDIA
- Barrons.com
A Neutral View on Charter Communications
Also, Wall Street analysts’ opinions on NetApp, Intertape Polymer, Brinker International, and Aqua America.
- Kiplinger
7 Stocks Warren Buffett Is Buying or Selling
Berkshire Hathaway (BRK.B, $198.31) Chairman and CEO Warren Buffett hasn't found much to his liking in 2019.The Oracle of Omaha bought and sold left and right at the end of 2018. He used the fourth quarter's near-bear market to snap up bargains and exit a few underperforming investments, amassing a total of 17 common-stock trades. But thanks to significantly higher prices across 2019, Buffett has dialed things down, making 10 such moves in Q1 and just six in the three months ended June 30.Nonetheless, we can gleam a few things from what Buffett is doing, so today we will take a look at the most recent changes to Berkshire Hathaway's equity portfolio.The U.S. Securities and Exchange Commission's own rules require Buffett to open up about these moves. All investment managers with more than $100 million in assets must file a Form 13F every quarter to disclose every change in stock ownership. That's an important level of transparency for anyone well-funded enough to significantly impact a stock with their investment. And in this case, it helps people who appreciate Buffett's insights track what he's doing - some investors view a Berkshire buy as an important seal of approval. (Just remember: A few of Berkshire's holdings are influenced or even outright decided by lieutenants Ted Weschler and Todd Combs.)Here's what Warren Buffett's Berkshire Hathaway was buying and selling during the second quarter of 2019, based on the most recent 13F that was filed on Aug. 14. The list includes six changes to the equity portfolio, and a notable seventh investment. SEE ALSO: The Berkshire Hathaway Portfolio: All 47 Buffett Stocks
- Zacks
Disney (DIS) & Charter Ink Multi-Year Distribution Agreement
Disney (DIS) and Charter Communications extend a multi-year distribution agreement to feature TV content of the former on the latter's Spectrum network.
- American City Business Journals
ACC Network coming to Charter-Spectrum but still no word on Dish, Cox
Disney and Charter have agreed on a distribution deal to carry the ACC Network, but there's still coverage gaps in Atlanta.
- American City Business Journals
Disney signs multiyear distribution deal with Charter
The Walt Disney Co. and Charter Communications Inc. have signed a distribution agreement for Charter to continue to carry Disney’s sports, news and entertainment content to Spectrum customers.
- GuruFocus.com
Bank of America Was Warren Buffett's Favorite Stock Last Quarter
Berkshire Hathaway bulked up its holdings of the lender in 2nd quarter Continue reading...
- Simply Wall St.
Have Insiders Been Selling Charter Communications, Inc. (NASDAQ:CHTR) Shares This Year?
We often see insiders buying up shares in companies that perform well over the long term. On the other hand, we'd be...
- Business Wire
The Walt Disney Company and Charter Communications Announce Comprehensive Distribution Agreement
New Multi-Year Deal Delivers Full Suite of Sports, News and Entertainment Networks from Walt Disney Television and ESPN to Spectrum Customers
- TheStreet.com
Disney and Charter Reportedly Reach Multiyear Carriage Deal
Charter Communications agreed to a multiyear carriage agreement with Walt Disney that would avoid a blackout of Disney channels for the company's cable subscribers, CNBC reported. As part of the deal, Charter agreed to carry Disney's new ACC Network college sports channel, according to CNBC sources. Cable companies pay content creators like Disney, Comcast and CBS for the right to air their channels and programs through multiyear contracts.
- Motley Fool
The 10 Largest-Cap Growth Stocks
Investors know it's not easy to find companies already worth tens of billions that can still expand their revenues rapidly. But these giants show it's not impossible.
- American City Business Journals
Need to know: 5 things that happened while you kept a close eye on the tropics
“Need to know” is a Tampa Bay Business Journal weekly edition feature designed to identify short news you may have missed but could be surprised to hear. It appears weekly in the TBBJ print edition on page 2. Send email to Editor Alexis Muellner at amuellner@bizjournals.com. Food innovation: The Florida-Israel Business Accelerator’s Aug. 21 event will focus on innovation and trends in the food industry with a focus on restaurants and food delivery.
- Motley Fool
This Cable Company Grew Free Cash Flow Over 50% -- Yet Still Sold Off After Earnings
Charter Communications is reaping the rewards of its past investments.
- Bloomberg
Free Cable for Firehouses Put at Risk by FCC Vote
(Bloomberg) -- Cable systems around the U.S. provide towns and cities with public-access channels showing school board and city council meetings, as well as networks like one that keeps New York City’s firefighters connected to the internet.The services are provided for free, but that may be about to change. The Federal Communications Commission on Thursday decided that cable providers such as Comcast Corp. and Charter Communications Inc. should assign a value to the channels and data networks, and then reduce fees owed to localities by that amount. The proposal from FCC Chairman Ajit Pai, who leads a Republican majority, succeeded on a 3-2 vote with both agency Democrats dissenting. Pai said cutting fees would leave more money for cable companies to invest in new services. “We will reduce costs for consumers and expedite the deployment of next-generation services,” Pai said.Mayors anticipate a squeeze to their budgets and expressed alarm at a change to arrangements negotiated in many cases long ago. “Local governments around the country would be forced to make difficult decisions,” cities including Atlanta, Boston, Dallas and Rye, New York said in a filing at the FCC.The decision “risks grave harms” to communities, said Commissioner Geoffrey Starks, a Democrat.Thursday’s vote is another example of the FCC under Pai trimming local efforts to regulate phone and cable companies. Last year the agency limited localities’ power over cell tower sites, citing the need to spur growth of fast communications networks -- a priority backed by President Donald Trump.At issue are in-kind services that towns, counties and cities receive in addition to fees, which are capped at 5% of revenue. Examples of the services include discounts for seniors, channels for community use, and information networks that link government buildings.The FCC decided to classify in-kind offerings as fees, subject to the 5% limit.Cable providers back the move. The FCC’s anticipated action will “help rein in abusive practices and overreaching” by localities, NCTA – The Internet & Television Association, a trade group with members including Comcast and Charter, said in a filing. It cited what it called abuses that included a requirement in Minnesota to deliver cable service to municipal liquor stores and golf courses, maintaining fiber connections with local colleges in a Maryland county, and demands to extend service with 550 miles of new lines in Vermont.Cable operator Altice USA in a filing said because it needs permits to lay lines, it’s difficult to resist requests from municipalities. “The result is that the company is confronted with demands for payments or grant concessions above the cap” and “consumers bear the added cost,” Altice said.$3B in FeesThe cable industry pays about $3 billion annually in fees, the NCTA trade group said in a filing. The industry’s revenue was about $132 billion in 2018, according to statistics compiled by Bloomberg Intelligence.Cities feel burned. Existing law lets cities impose both fees and obligations, and the FCC is muddling the two, the cities including Atlanta and Boston said in their filing. The U.S. Conference of Mayors on July 1 passed a resolution saying the FCC’s proposals “undermine local authority, turn public property over to private interests and remove longstanding community benefits.”The cities offered Dallas as an example, saying values placed by cable providers on community channels could be high enough to slash about $10 million from annual fees of around $12 million -- or even eliminate fees entirely.New York City will absorb “adverse and significant impact” from the change, Michael Pastor, general counsel for the city’s Department of Information Technology & Telecommunications, told the FCC in a July 25 filing. He didn’t provide an estimate of the potential cost to the city.As an example, the city’s information network feeds cable TV and internet service into every fire house in all five boroughs, and also carries public-safety messages, Pastor wrote.‘Very Concerning’There are no alternatives aside from building a parallel network that would take years “and cost a massive amount,” Pastor wrote. “The stark reality is that the cities will be forced to pay extortionate fees” because the alternative would be to disrupt municipal services, Pastor wrote.Democratic members of Congress had asked the FCC not to move forward.The change is “very concerning,” Senators Kirsten Gillibrand and Chuck Schumer, both Democrats, said in a July 25 letter to Pai.Local governments use 70 community channels across New York to show government proceedings and high school events, and the FCC rule “would undermine their ability to provide critical services to their communities by putting funding for these services at risk,” Gillibrand and Schumer said.Fifteen U.S. senators, including 14 Democrats and independent Bernie Sanders of Vermont, in a July 29 letter to Pai said the change puts localities in a no-win situation, needing to choose between requiring support for the community channels, or free cable service to schools and libraries.(Updates in second paragraph with vote. An earlier version corrected figure for industry revenue in 10th paragraph.)\--With assistance from Henry Goldman and Geetha Ranganathan.To contact the reporter on this story: Todd Shields in Washington at tshields3@bloomberg.netTo contact the editors responsible for this story: Jon Morgan at jmorgan97@bloomberg.net, Elizabeth WassermanFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
- PR Newswire
Advance/Newhouse Notifies Charter of Intent to Establish Credit Facility Collateralized by Stake in Charter Communications Holdings, LLC
STAMFORD, Conn. , July 30, 2019 /PRNewswire/ -- Charter Communications, Inc. (NASDAQ: CHTR) (along with its subsidiaries, "Charter") today announced that Advance/Newhouse ("A/N") has ...
- Thomson Reuters StreetEvents
Edited Transcript of CHTR earnings conference call or presentation 26-Jul-19 12:30pm GMT
Q2 2019 Charter Communications Inc Earnings Call
- Zacks
Charter Communications (CHTR) Q2 Earnings Miss, Revenues Up
Charter Communications (CHTR) second-quarter 2019 results benefit from growth in Internet, video, mobile and commercial revenues. However, higher operating costs are a dampener.
- PR Newswire
Charter Announces Leadership Changes to Finance Organization
James Nuzzo, EVP of Financial and Business Planning Expands Responsibilities Charles Fisher Promoted to EVP, Corporate Finance & Development Kevin Howard Promoted to EVP, Chief Accounting Officer and Controller ...
Motley FoolCharter Communications Inc (CHTR) Q2 2019 Earnings Call Transcript
CHTR earnings call for the period ending June 30, 2019.
- InvestorPlace
Charter Communications Earnings: CHTR Stock Slips on Q2 Misses
Charter Communications earnings for the second quarter of the year have CHTR stock falling on Friday.Source: Shutterstock Charter Communications (NASDAQ:CHTR) reported earnings per share of $1.39 for the second quarter of 2019. That's better than the company's earnings per share of $1.15 for the second quarter of 2018. However, it was a blow to CHTR stock by missing Wall Street's earnings per share estimate of $1.85 for the period.Charter Communications earnings for the second quarter of the year also includes net income of $314 million. This is up from the company's net income of $273 million reported during the same time last year.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThe Charter Communications earnings report for the second quarter of 2019 has revenue coming in at $11.34 billion. This is an increase over the cable company's revenue of $10.85 million reported in the second quarter of the previous year. Despite this, it was still bad news for CHTR stock by not reaching analysts' revenue estimate of $11.40 billion for the quarter. * 7 Oversold Stocks To Buy Right Now Charter Communications notes that it saw its residential video customers decrease by 150,000 in the second quarter of the year. This is more than double the number of residential video customers that it lost in the same period of the year prior. The company now has 15.80 million residential video customers as of June 30, 2019.CHTR stock was down 2% as of Friday afternoon. However, the stock is up roughly 40% since the start of the year. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Oversold Stocks To Buy Right Now * 7 Stocks to Buy Upgraded by Wall Street * 7 Marijuana Stocks With Critical Levels to Watch As of this writing, William White did not hold a position in any of the aforementioned securities.The post Charter Communications Earnings: CHTR Stock Slips on Q2 Misses appeared first on InvestorPlace.
- Yahoo Finance
Companies to Watch: Twitter surges, Charter misses, Epstein’s ties to L Brands
Twitter, Charter Communications, L Brands, Comcast and Sony are the companies to watch.
- American City Business Journals
2 Denver Tech Center buildings part of $1.2 billion portfolio sale to foreign REIT
KBS Realty Partners’ $1.2 billion, 11-property portfolio sale to a newly created foreign real estate investment trust (REIT) includes two Denver Tech Center office buildings that closed earlier this month for a combined $233.7 million — one of which is metro Denver’s largest office sale so far this year. Village Center Station, 6380 S. Fiddlers Green Circle, and Village Center Station II, 6360 S. Fiddlers Green Circle, were sold as part of the deal for $89.15 million and $144.55 million, respectively, according to Arapahoe County public records.
- Zacks
Charter Communications (CHTR) Q2 Earnings and Revenues Miss Estimates
Charter (CHTR) delivered earnings and revenue surprises of -22.35% and -0.41%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?
- MarketWatch
Charter stock falls 5.9% after earnings miss
Shares of Charter Communications Inc. dropped 5.9% in premarket trade Friday after the company announced second-quarter profit and revenue that missed expectations. Profit rose to $314 million, or $1.39 a share, from $273 million, or $1.15 a share, in the year-earlier quarter. Analysts polled by FactSet had been expecting EPS of $1.81 a share. Revenue rose 4.5% to $11.347 billion from $10.854 billion a year ago, but fell short of the FactSet consensus of $11.383 billion. During the second quarter, the company had video net losses of 141,000 and wireline voice net losses of 82,000. Charter stock has gained 42.3% in the year to date through Thursday, while the S&P 500 has gained 19.8%.
