DIS - The Walt Disney Company
141.71 +0.82 (0.58%)
Pre-Market: 5:00AM EDT
| Previous Close | 139.24 |
| Open | 139.51 |
| Bid | 0.00 x 1000 |
| Ask | 0.00 x 1100 |
| Day's Range | 138.58 - 141.07 |
| 52 Week Range | 100.35 - 143.51 |
| Volume | 5,201,570 |
| Avg. Volume | 13,074,471 |
| Market Cap | 253.614B |
| Beta (3Y Monthly) | 0.70 |
| PE Ratio (TTM) | 15.77 |
| EPS (TTM) | 8.94 |
| Earnings Date | Aug 5, 2019 - Aug 9, 2019 |
| Forward Dividend & Yield | 1.76 (1.33%) |
| Ex-Dividend Date | 2018-12-07 |
| 1y Target Est | 149.26 |
- Yahoo Finance Video•16 hours ago
'Avengers: Endgame' to hit theaters with new footage
Marvel really wants 'Avengers: Endgame' to become the highest grossing movie of all time. That's why President Kevin Feige told Comicbook.com the movie would hit theaters again with new footage. Yahoo Finance's Adam Shapiro reports.
- Barrons.com•9 minutes ago
Disney CEO Robert Iger on Star Wars, Toy Story 4, and Competing With Netflix
Disney CEO Robert Iger, one of our 2019 World’s Best CEOs, has a full plate and then some, launching theme park additions, new movies, and the Disney+ streaming service.
- Motley Fool•8 hours ago
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This trick doesn't involve time travel or dramatic snaps. No more than usual, anyway.
- GuruFocus.com•11 hours ago
US Indexes Close Higher Wednesday With No Rate Change From Fed
S&P; 500 gains 0.30%
- American City Business Journals•12 hours ago
Third round of post-merger layoffs hit Disney-Fox
The Walt Disney Co. and 20th Century Fox have been hit by a third round of layoffs since Disney (NYSE: DIS) acquired the entertainment assets of 21st Century Fox in March. The move marks the third round of layoffs since Disney’s $71 billion acquisition of Fox’s entertainment assets earlier this year. Disney started issuing pink slips to Fox employees the day after the merger was completed, including high-level executives such as Chris Aronson, president of domestic distribution at 20th Century Fox Film, and Andrew Cripps, president of international distribution.
- Motley Fool•12 hours ago
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What will make the new service worth more than its rivals -- or WarnerMedia sibling HBO?
- Motley Fool•13 hours ago
Disney World's Huge Price Hike Is Great for SeaWorld and Universal
A monstrous annual price increase at the world's busiest theme park resort opens the door for two of its hungry rivals.
- American City Business Journals•13 hours ago
Why family-style thrill rides like Universal's Hagrid coaster are so popular
The region is home to many styles of attractions, but coasters without inversions have been popular lately.
- Investor's Business Daily•13 hours ago
Disney Has Trick Up Its Sleeve To Make 'Avengers: Endgame' The Biggest Movie Ever
A re-release of the new Marvel superhero film with extra footage could help it oust "Avatar" as the top-grossing movie of all time.
- Barrons.com•13 hours ago
Yes, CEOs Do Matter. Here’s Why.
This week on the Readback, Alex Eule is joined by Jack Hough to talk about Barron’s latest list of best CEOs and how to define great leadership.
- MarketWatch•15 hours ago
‘Mattel cannot be salvaged,’ says MGA CEO in scathing statement
MGA Entertainment Inc.’s Chief Executive Isaac Larian slammed Mattel Inc. in a statement that officially calls off the second merger talks between the two toy companies. MGA Entertainment’s portfolio includes Little Tikes and LOL Surprise. “With close to $4 billion in debt at an average interest rate of 6.58% (as of March 2019), a staggering 42% in operating expenses, and a major legal liability for having sold a faulty Fisher Price Rock ‘n Play Sleeper for years even as multiple baby fatalities occurred, there is simply too much mess to clean up at Mattel,” the statement said.
- American City Business Journals•15 hours ago
Despite Georgia boycott cloud, Paramount starts work on 'Coming to America' sequel
Though major production companies have threatened to boycott filming in Georgia, they continue to bring new blockbusters to the state.
- Benzinga•16 hours ago
The Rebel's Handbook: All About High Times' New CEO And His Plans To Turn The Company Around
Nearing the close of its Reg A+, pre-IPO capital raise, High Times Holding Corp. announced media veteran Kraig Fox would take the reigns as CEO and President of High Times, replacing Adam Levin. Fox previously held executive positions at Live Nation Entertainment, Inc. (NYSE: LYV), Eldridge Industries and Walt Disney Co (NYSE: DIS)'s Core Media. Benzinga recently sat down with him to talk about his vision, expectations and High Times’ plans, including the anticipated going-public move.
- Motley Fool•19 hours ago
Hulu's Original Content Will Get a Big Boost Under Disney
Having just one corporate overlord could be just the thing Hulu needs to go to the next level.
- American City Business Journals•20 hours ago
Disney resorts announce Lyft as its official rideshare partner
Lyft Inc. is partnering with Disney resorts on both the East and West Coast as an official ride-share partner of the theme park giant. The San Fransisco-based ride-hailing app (Nasdaq: LYFT) along with Disney (NYSE: DIS) announced the partnership will begin on June 18 at both its Orlando and Anaheim, California, resorts. The partnership comes as the company first worked with Disney on its "Minnie Van" service in 2017, which provides private on-demand van service throughout Walt Disney World Resort.
- InvestorPlace•20 hours ago
Ignore the Recent Downgrade, Disney Stock Is a Big-Time Buy
Investors in Walt Disney (NYSE:DIS) have to be smiling these days. Shares of Disney stock have surged nearly 30% year-to-date and are up more than 70% over the last five years.Source: Disney That return has allowed Disney to beat the broader market and nearly all its peers in the media/entertainment sector. From rising park attendance to plenty of blockbuster hits, all is sunshine for the House of Mouse these days.But apparently, all is too well for DIS.InvestorPlace - Stock Market News, Stock Advice & Trading TipsDisney recently received a very rare analyst downgrade. This is only the second time in more than a year that someone thought that it wasn't worth buying. While some of the analyst concerns do make sense, the reality is, Disney has plenty of growth still left in the tank and shares could run even further in near-to-medium turn. * 5 Stocks to Buy for $20 or Less The Disney Stock DowngradeDisney normally doesn't get hit with much negative attention. Sure, there were issues with ESPN and cord cutting a few years ago, but the firm continues to plow ahead with a variety of revenue-generating ideas that seem to be working. As a result, investors tend to think of Disney in a positive fashion.DIS stock currently features 14 "buy" ratings and only four "hold" ratings. So, when Imperial Capital downgraded DIS stock to essentially a "hold" rating, many market participants were perplexed and caused the stock to sink more than 1% on the day.The reason for Imperial's downgrade of DIS comes down to future growth expectations.According to analyst David Miller, Disney stock is now trading at record levels relative to projected 2021 per-share earnings. Miller's report highlights that DIS never trades at more than an 18x forward P/E.However, according to his model for earnings, the House of Mouse now trades at a 21.7 forward P/E for 2020 and 19.3 forward P/E for 2021. As a result, Imperial sees limited potential for gains in DIS stock and is already so close its $147 per share price target. Growth and Disney StockImperial's concerns do seem valid on the surface. Disney has surged big on many its recent wins and investors may already be pricing in a lot of growth. But they also could be pricing in not enough growth as well. That growth comes from three main points.For one thing, Disney+ is going to be a sheer monster for the company. It's no secret that the streaming wars are heating up and DIS is truly going to rule the roost. While hits like the Game of Thrones tend to make the news, the reality is that kids movies and T.V. shows tend to make up the most streaming viewership, and no one does kid's entertainment like Disney.The announcement for its streaming service will feature its animated classics, the complete Lucasfilm, Marvel and Pixar movie libraries as plenty of its original programming content from the Disney Channel. Moreover, Disney+ will feature plenty of new original kids and tween shows.As Disney starts to pull its shows and movies off of other services, parents everywhere will start pulling their hair and give into Disney+. Analysts at Morgan Stanley now predict that DIS will see more than 133.3 million paid subscriber services by fiscal 2024. That gives it a faster growth rate than Netflix (NASDAQ:NFLX).However, we could see faster growth rates than that and hit those big numbers earlier. That's because Disney's is planning on offering bundles of Disney+, ESPN+ and Hulu services for about $2 less per month than NFLX. This should help pull customers from the rival service- especially when you get your kid access to Hanna Montana and Star Wars.Speaking of Star Wars, DIS is effectively milking that franchise for all its worth. This includes its immersive Galaxy Edge land in Disneyland. Already, the world is a big hit and consumers continue to fork over some big cash to buy custom lightsabers, their own droids and drink plenty of high-end cocktails. In essence, the real people DIS is courting are adults. And it's working so well, there's no reason why they can't replicate the land in its other parks.Finally, Disney has a massive slate of movies hitting screens in the near to medium-term. Top franchises from Marvel, live-action adoptions of former animated hits and several new films from its now owned Fox studios could bear plenty of blockbuster fruit. And if you want to see these films outside the theater, you'll have to subscribe to Disney+. Disney Stock Could Hit $200In the end, Disney still has a lot of growth potential in its hands. A lot has been priced in for Disney+, but here the firm has plenty of levers to pull in order to grow subscriber growth faster than expected. Bundling will work to pull over more viewers from rivals. Meanwhile, park attendance and higher-end experiences are courting more adults to spend big time. Adding its film potential and you have a recipe for success.When you finally add in Disney's lucrative buyback programs you start to see a much brighter picture for DIS stock over the long haul. With that, there's no reason why Disney stock couldn't hit $160 or even $200 a share over the next couple of years.In the end, the House of Mouse continues to win and win big. That'll drive multiple expansion over the long haul.Disclosure: At the time of writing, Aaron Levitt did not hold a position in any stock mentioned. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 Value Stocks to Buy for the Second Half * 7 Hot Stocks to Buy for a Seemingly Sleepy Summer * 6 Chip Stocks Staring At Big Headwinds in 2019 Compare Brokers The post Ignore the Recent Downgrade, Disney Stock Is a Big-Time Buy appeared first on InvestorPlace.
- Motley Fool•21 hours ago
Amazon Just Made a Big Move to Take on Roku and Hulu
The company is revamping its ad-supported streaming service in advance of expansion in Europe.
- Zacks•2 days ago
Buy & Hold Disney (DIS) Stock at New Highs on Streaming TV Future?
Disney is a stock that Wall Street is laser-focused on as the entertainment powerhouse prepares to launch its streaming TV platform in the fall. So is it time to buy DIS stock at new highs?
- American City Business Journals•2 days ago
Disney resorts get a Lyft with rideshare partnership
The move comes two years after the launch of Minnie Vans at Walt Disney World, which have now served more than a million users at the resort.
- Zacks•2 days ago
Walt Disney (DIS) Stock Sinks As Market Gains: What You Should Know
Walt Disney (DIS) closed the most recent trading day at $139.18, moving -1.27% from the previous trading session.
- Investor's Business Daily•2 days ago
Disney Stock: Will The Force Be With Galaxy's Edge 'Star Wars' Land?
While Netflix stock struggles to retake its 50-day line, Disney stock is testing a buy point after launching "Star Wars" land and detailing Disney+.
- GuruFocus.com•2 days ago
5 Large-Cap Stocks With Low Price-Sales Ratios
Johnson & Johnson tops the list
- Investor's Business Daily•2 days ago
Disney's Biggest Blockbuster This Year May Not Be A Movie
Walt Disney is seeing stronger interest for its upcoming Disney+ streaming service than expected, a poll shows.
