|Bid||0.00 x 800|
|Ask||0.00 x 800|
|Day's Range||111.89 - 112.86|
|52 Week Range||96.20 - 117.90|
|PE Ratio (TTM)||14.20|
|Earnings Date||Nov 7, 2018 - Nov 12, 2018|
|Forward Dividend & Yield||1.68 (1.47%)|
|1y Target Est||119.16|
There are plenty of reasons to like the leading toy maker, and one analyst believes the long-term outlook is especially bright.
ESPN’s “Monday Night Football” will boast a better selection of games and new anchors this season, President Jimmy Pitaro said, giving the Walt Disney Co. sports network a chance to boost ratings following a drop in 2017. Speaking with reporters at ESPN’s headquarters in Bristol, Connecticut, Pitaro also said the network’s relations with the NFL have “positive momentum” after some tense years.
Fiscal third quarter results from Walt Disney on Aug. 7 showed a rise in revenue of 7% to $15.2 billion versus the same period of the previous year. The company's adjusted earnings per share increased by 18% to $1.87. Warning! GuruFocus has detected 1 Warning Sign with URI.
Comcast (CMCSA) noted during its July 26 second-quarter earnings call that it’s increasing its marketing efforts to attract more Internet customers. Comcast has also been boosting Internet speeds for its customers.
Both 21st Century Fox (FOXA) and Comcast (CMCSA) are bidding for the remaining 61% stake in European broadcaster Sky’s assets. Sky operates in five countries—Austria, Germany, Ireland, Italy, and the UK—and has nearly 23 million pay-TV subscribers across Europe. Walt Disney’s (DIS) pending purchase of Fox’s assets is expected to give Disney a 39% stake in European pay-TV provider Sky plc. Fox initiated with a bid of $15.5 billion for a 61.0% stake in London-based Internet service provider Sky in December 2016.
The longlist for the 2018 Financial Times and McKinsey Business Book of the Year award was released earlier this month. The annual award, established in 2005, looks to celebrate “a work which provides the most compelling and enjoyable insight into modern business issues” and generates enough buzz that bookseller Barnes and Noble uses it as a category on its website.
Citing confidential sources, Bloomberg reported that Walt Disney (DIS) is seeking to regain the TV rights to the Star Wars film series from Turner Broadcasting. Turner Broadcasting is part of AT&T (T) following the telecom company’s acquisition of its parent, Time Warner. Disney’s initial inquiry about regaining the TV rights to the Star Wars movies met resistance, the report said.
Walt Disney (DIS) is looking to acquire 21st Century Fox’s (FOXA) film and TV studios, cable networks such as FX Networks and Fox Sports Regional Networks, Fox Networks Group, stakes in National Geographic Partners, Indian satellite TV group Star India, Hulu, the UK-based satellite TV group Sky plc, and other vital assets.
As part of its push to become a leader in the streaming video market, Walt Disney (DIS) launched a sports-focused streaming service called ESPN Plus in April. ESPN Plus is Disney’s first direct-to-consumer media and entertainment offering. The company is expected to launch another streaming service next year.
The long-standing battle between media giants Walt Disney (DIS) and Comcast (CMCSA) for most of the media and entertainment assets of 21st Century Fox (FOXA) came to an end in July as Comcast decided to withdraw from the bidding war for Fox assets. Comcast is focusing on buying a 61% stake in London-based Sky Plc, in which Fox already has a 39% stake.
The Zacks Analyst Blog Highlights: Home Depot, United Parcel, Occidental, Disney and Blackstone
“I’m gonna be here for longer than you think,” Sumner Redstone warned while grinning and wagging an index finger at interviewer Charlie Rose. Redstone was 83 at the time, and he wasn’t kidding. It was a scene fit for the fictitious Logan Roy, but took place more then a decade before the arrival of HBO’s hit “Succession” — a show about an aging, malevolent media mogul unwilling to cede his throne, even to his children.
will be making a bid to take over all of British broadcaster Sky. The U.K. Takeover Panel Appeal Board on Thursday maintained a ruling that the entertainment giant would have to offer at least £14 ($17.79) per Sky plc share under the chain-principle, The Deal's Lisa Botter reports from London. entertainment assets including its 39% stake in Sky, it would have to make a full offer for the British pay-TV operator.
Disneyland Resort is launching its Halloween season right after Labor Day this year, with the introduction of a new character and return of popular evening events.
The deal for Kenya Barris could be worth around $100 million — putting him in league with Shonda Rhimes, who also left ABC for the streaming giant.
Universal Orlando Resort sees the value in hotel inventory, and it’s doubling down on that notion with the newly opened Aventura Hotel. The 600-room hotel, which opened Aug. 16, is one of three new properties being added to the Universal Orlando portfolio. Next year, Orlando will welcome the 750-room Surfside Inn & Suites, and in 2020, the 2,050-room Dockside Inn & Suites — both part of the Universal's Endless Summer Resort concept planned on I-Drive.
Disney beat the competition, enabling it to bring home the bulk of the assets. Did Disney make a shrewd move or was its offer too undisciplined? The company’s share buybacks are suspended for the time being, removing one source of support for DIS stock.
Amid rising popularity of online video streaming services and falling traditional subscriber base, Walt Disney (DIS) is marketing its direct-to-consumer offerings to attract more viewers. The first direct-to-consumer (or DTC) streaming service was launched in April for ESPN, which streams live sports. Another direct-to-consumer offering is expected to stream Disney-based content.