300.35 0.00 (0.00%)
After hours: 4:12PM EDT
|Bid||299.90 x 100|
|Ask||320.00 x 100|
|Day's Range||295.34 - 301.59|
|52 Week Range||295.34 - 408.83|
|PE Ratio (TTM)||8.81|
|Earnings Date||Apr 27, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||421.21|
Now we’ll take a look at Charter’s (CHTR) capital expenditures (or capex). The company has been continuously spending in order to improve its network. Wall Street analysts expect Charter’s spending on capital expenditures to reach ~$1.5 billion in 1Q18.
Now we’ll take a look at Charter’s (CHTR) performance in terms of broadband customer net additions in 1Q18. The cable industry’s market share of US broadband customers is expected to increase in 1Q18. Charter and Comcast (CMCSA) are expected to gain the most broadband customers in 1Q18, given the superior speeds.
Now we’ll take a look at Charter’s (CHTR) performance in terms of video customer net additions in 1Q18. With nearly 16.5 million video subscribers, after the merger, the new Charter Communications has become the third-largest pay-TV service provider in the United States, after Comcast (CMCSA) and AT&T (T). Wall Street analysts expect a net loss of Charter’s video subscribers in 1Q18, as the telecom company continued to face intense competition from OTT (over-the-top) video streaming companies.
The U.S. government’s star witness in the trial over AT&T Inc.’s planned takeover of Time Warner Inc. admitted he erred in earlier testimony about data used to predict that the merger will raise pay-TV ...
Comcast and Charter Communications report earnings this week as sell-side analysts look for upside that could spark a rebound in struggling cable TV stocks.
As of April 18, 27 analysts from different brokerage firms were actively tracking Charter (CHTR) stock. Twenty-one rated the stock as a “buy,” one rated the stock a “sell,” and five rated the stock a “hold.” Approximately 78% of analysts gave the telecom company a “buy” recommendation. The median target price for Charter was $430.50 as of April 18. Charter generated returns of -3.27% in the trailing 12 months and -7.22% in the last month.
The Zacks Analyst Blog Highlights: BlackRock, Charter Communications, Intuitive, Statoil and Diageo
As of April 18, AT&T (T) was the largest US telecom company by market capitalization at ~$216.2 billion, followed by Verizon (VZ) at ~$198.3 billion. Meanwhile, Charter (CHTR) had a market capitalization of ~$75.5 billion, as the chart below shows.
In the previous part of this series, we learned how much total revenue growth we can anticipate from Charter (CHTR) in 1Q18. Now let’s take a look at the expected consolidated adjusted EBITDA (earnings before interest, tax, depreciation, and amortization) for 1Q18. Wall Street analysts expect Charter’s consolidated adjusted EBITDA to reach ~$3.85 billion.
In the previous part of this series, we discussed Wall Street analysts’ expectations for Charter’s (CHTR) 1Q18 earnings. Now let’s take a look at the expected total revenue for the telecom company in 1Q18. Wall Street analysts expect Charter’s total revenue to reach ~$10.62 billion in 1Q18.
Charter (CHTR) is slated to report its results for 1Q18 on April 27. In this part of our series, let’s take a look at the expectations for Charter’s performance in 1Q18. Wall Street analysts expect Charter’s adjusted earnings per share (or EPS) to reach ~$0.55 in 1Q18.
(Reuters) - Comcast Corp and Charter Communications Inc will partner to develop back-end software to support services for their Xfinity and Spectrum mobile offerings, the companies said on Friday. The ...
The 50/50 agreement will allow both to collaborate on building a platform for their independent wireless ventures, and development efforts will be based in Philadelphia.
Comcast Corp and Charter Communications Inc will partner to develop back-end software to support services for their Xfinity and Spectrum mobile offerings, the companies said on Friday. The 50/50 partnership ...
Comcast and Charter today announced that the two companies have formed a 50/50 operating platform partnership focused on the development and design of backend systems that support Comcast’s Xfinity Mobile and Charter’s Spectrum Mobile service. The new partnership is the result of the continuing collaboration between Comcast and Charter in the mobile space, as each company continues to develop their respective mobile brands, products, and services. Through the agreement, Charter and Comcast will work together to cost-effectively develop an efficient and scalable software platform, and related backend systems, which will power each company’s mobile-related customer sales and support platforms, device logistics and warehousing, and billing.
STAMFORD, Conn. , April 17, 2018 /PRNewswire/ -- Charter Communications, Inc. (NASDAQ: CHTR) (along with its subsidiaries, "Charter") today announced that its subsidiaries, Charter Communications ...
NEW YORK, April 17, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of ...
A judge will determine whether or not AT&T can buy Time Warner, and that decision will seal Randall Stephenson's legacy as AT&T's CEO.
Previously, we discussed pay-TV market trends affecting Verizon (VZ). The telecom company is coping with the challenges of the pay-TV market by focusing on its Internet offering through Fios. It will be interesting to learn what Fios Internet net customer additions Verizon saw in 1Q18, as the company has continued to face strong competition from leading cable companies.
U.S. antitrust enforcers wrapped up their case for why AT&T Inc.’s takeover of Time Warner Inc. should be blocked, but not before defense lawyers picked apart the findings of the government’s star witness....
Cord-cutting continues to bite pay-TV companies. Leichtman Research estimates that top pay-TV providers in the US, which control 95.0% of the market, lost about 1.5 million subscribers in 2017—nearly double the 760,000 customers lost in 2016. Comcast (CMCSA) shed 151,000 pay-TV subscribers in 2017, while Charter Communications (CHTR) and Altice USA (ATUS) lost 239,000 and 129,000 video customers, respectively, in the year.
Short interest is low for CHTR with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Over the last one-month, outflows of investor capital in ETFs holding CHTR totaled $15.27 billion.