CHTR - Charter Communications, Inc.

NasdaqGS - NasdaqGS Real-time price. Currency in USD
479.97
-0.19 (-0.04%)
At close: 4:00PM EST
Stock chart is not supported by your current browser
Previous close480.16
Open479.27
Bid473.39 x 800
Ask0.00 x 800
Day's range476.51 - 480.26
52-week range272.91 - 482.62
Volume705,539
Avg. volume1,110,292
Market cap103.047B
Beta (3Y monthly)1.23
PE ratio (TTM)86.98
EPS (TTM)5.52
Earnings date29 Jan 2020 - 3 Feb 2020
Forward dividend & yieldN/A (N/A)
Ex-dividend dateN/A
1y target est493.30
  • Viacom (VIAB) Q4 Earnings Top Estimates, Revenues Flat Y/Y
    Zacks

    Viacom (VIAB) Q4 Earnings Top Estimates, Revenues Flat Y/Y

    Viacom's (VIAB) fourth-quarter fiscal 2019 results reflect growth in Media Networks revenues, offset by lower Filmed Entertainment revenues.

  • Energizer Holdings (ENR) Stock Up on Q4 Earnings & Sales Beat
    Zacks

    Energizer Holdings (ENR) Stock Up on Q4 Earnings & Sales Beat

    Energizer Holdings' (ENR) organic sales increase 9.2% during the fourth quarter of fiscal 2019. This marks the fourth consecutive year of organic growth.

  • CBS Q3 Earnings Surpass Estimates, Revenues Increase Y/Y
    Zacks

    CBS Q3 Earnings Surpass Estimates, Revenues Increase Y/Y

    CBS Corp's (CBS) third-quarter 2019 results reflect growth in direct-to-consumer businesses like CBS All Access and Showtime OTT.

  • Here’s How KKR Might Just Pull Off the Biggest LBO in History
    Bloomberg

    Here’s How KKR Might Just Pull Off the Biggest LBO in History

    (Bloomberg) -- One of the private equity industry’s titans called it a “stretch,” and it’s been dismissed as a pipe dream by a bevy of analysts.Yet interviews in recent days with debt-market specialists suggest that KKR & Co. could find a narrow path to finance what would be the biggest leveraged buyout in history: a potential take-private deal for pharmacy chain Walgreens Boots Alliance Inc. that analysts have estimated would need to be funded with at least $50 billion of debt.The challenge for any Walgreens suitor will be raising the necessary money via the markets of choice for private equity firms -- junk-rated loans and bonds -- which have become fragile after an unprecedented borrowing binge left investors with a hangover. Debt funds that financed more than $3.5 trillion of leveraged buyouts in the past decade have become pickier, leaving banks stuck holding more than $2 billion of unsold loans on their balance sheets as recently as last month.But a road map may be hidden in two other recent debt-fueled takeovers: Dell Technologies Inc.’s $67 billion takeover of EMC Corp. in 2016 and Charter Communications Inc.’s $78.7 billion acquisition of Time Warner Cable Inc. that same year.Representatives for KKR and Walgreens declined to comment.Buyout BlueprintJunk-rated Dell and Charter both borrowed heavily in the investment-grade bond market by issuing secured debt. T-Mobile US Inc. is going down a similar route to help pay for its purchase of Sprint Corp.In Charter’s case, it pledged security to new and existing bonds issued by higher-rated Time Warner to ensure the debt remained investment-grade. Dell used a similar strategy when it bought investment-grade rated EMC. Walgreens’s debt could be segregated into two borrowing structures at a holding company level and an operating company portion, with investment-grade debt placed on the latter.In doing so, Dell and Charter won access to the most stable part of the corporate debt market, where investors are still buying heavily as an alternative to low or negative-yielding assets elsewhere. At the same time, they limited their reliance on leveraged finance markets, where sentiment can shift quickly and prove costly.Both companies did tap those markets, but with more manageable offerings. Bankers who asked not to be identified estimated that Walgreens would be able to raise between $10 billion and $20 billion of junk-rated debt to fund a buyout.Other market participants, who asked not to be named because they weren’t authorized to speak publicly, said KKR still might need to find a deep-pocketed third-party investor to help put more equity into the deal.Or it may seek to spin off a portion of Walgreens to lessen its financing needs. The company’s European operations could potentially bring in $18 billion to $20 billion, CreditSights analyst James Goldstein said in a phone interview.\--With assistance from Nabila Ahmed and Robert Langreth.To contact the reporters on this story: Natalie Harrison in New York at nharrison73@bloomberg.net;Lisa Lee in New York at llee299@bloomberg.net;Davide Scigliuzzo in New York at dscigliuzzo2@bloomberg.netTo contact the editors responsible for this story: Shannon D. Harrington at sharrington6@bloomberg.net, Boris KorbyFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Bloomberg

    For Streamers, the Great Unbundling Was Too Good to Be True

    (Bloomberg Opinion) -- Netflix Inc. broke the cable-TV bundle. Now it’s time to put it back together again, and cable giants like Comcast Corp. look eager to help.It’s true that streaming has created more choices for consumers. You don’t necessarily need to subscribe to a $100-a-month cable package just to access kid-friendly Disney programs or re-runs of “The Big Bang Theory” (or pay extra for the ability to DVR the episodes you’ll miss). There are on-demand apps for both of those now — Disney+, which launched on Tuesday, and HBO Max, which becomes available in May. At the same time, one major consequence of the streaming wars is that they’ve caused a new kind of consumer frustration. It feels like everything is becoming segregated across various services with their own individual paywalls. That requires knowing which TV programs and movies reside where, having to toggle among those different apps — which isn’t as smooth as simply channel-surfing — and managing multiple monthly subscriptions. Sign up for enough of them, and it can easily add up to the cost of good old cable, especially given that a strong internet connection is a necessary component. It’s a situation that’s unsustainable, and already the media and cable giants seem to be eyeing the reintroduction of bundles to make things easier on consumers (and to make their subscriptions stickier).As Comcast’s Matthew Strauss put it, "The great un-bundling could give birth to the great re-bundling.” He should know. Strauss is the former executive vice president of Comcast's Xfinity Services; he was recently put in charge of Peacock, the company’s own streaming product set to launch in April with content provided by its NBCUniversal sports and entertainment division. It will join Netflix, Disney+, Apple TV+, Amazon Prime Video, HBO Max and many more in the new streaming marketplace."How could someone possibly navigate all these apps? That's not how you watch TV,” Strauss said in a phone interview in September. “My prediction is that we're going to come full circle."Strauss and I were on the topic because Comcast had just made something called Xfinity Flex free to customers who subscribe to the company’s internet services but not its cable-TV packages. Flex is essentially a dashboard where users can access streaming subscriptions. It’s a lot like the home screen shown when powering up a Roku, Apple TV or Amazon Fire TV Stick — a display of tiles teasing different programs or services. The Xfinity X1 cable service is still front and center for Comcast, but Flex is a sign that the company is at least exploring how to cater to what may some day be a mostly internet-only customer base. While it may not be a bundle, it’s not hard to make the leap and envision a day when Comcast tries to offer bundles of streaming apps to its internet subscribers, serving as the go-between for programmers and customers just like it does in the cable world. Walt Disney Co. is already providing some evidence that it’s thinking the same way. As I noted in my column Tuesday, the entertainment giant recognizes that many viewers want more than a single app dedicated to superhero flicks and G-rated content. That’s why, alongside the launch of Disney+, it also began offering a $13-a-month bundle that tacks on Hulu and ESPN+. While Apple Inc.’s own original works such as “The Morning Show” can be watched with an Apple TV+ subscription, the company also has separately taken to aggregating rival apps in Apple TV Channels, where users can sign up on an a-la-carte basis. Similarly, Amazon.com Inc. has Prime Video and Amazon Channels. These aggregation efforts could all be precursors to bundling.Charter Communications Inc. CEO Tom Rutledge, during a September investor conference, discussed the challenges for so-called direct-to-consumer businesses — such as Disney+, CBS All Access, and so on — that traditionally haven’t had to deal directly with subscribers because the cable giants had typically maintained those relationships. Suddenly, programmers are having to handle billing and service issues and come up with customer-retention strategies. (Disney got a taste of this Tuesday, when its brand-new app was hit by technological glitches.) “All of those activities we do on behalf of traditional pay-TV vendors,” Rutledge said. It’s very hard to get “economies of scale in the direct-to-consumer marketplace like we’ve gotten out of the historic business.” That certainly sounds like someone who’s ready to negotiate some new distribution partnerships. Direct-to-consumer is industry jargon referring to how a streaming app bypasses the traditional distributors — flying directly past Charter and Comcast to the end user. So wouldn’t it be something if the winners of the streaming wars turned out to be none other than the cable companies? At the very least, remnants of their bundling model are sure to live on in streaming.To contact the author of this story: Tara Lachapelle at tlachapelle@bloomberg.netTo contact the editor responsible for this story: Beth Williams at bewilliams@bloomberg.netThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Tara Lachapelle is a Bloomberg Opinion columnist covering the business of entertainment and telecommunications, as well as broader deals. She previously wrote an M&A column for Bloomberg News.For more articles like this, please visit us at bloomberg.com/opinion©2019 Bloomberg L.P.

  • Why the Supreme Court is hearing a TV mogul's $20 billion racial bias case against Comcast
    Yahoo Finance

    Why the Supreme Court is hearing a TV mogul's $20 billion racial bias case against Comcast

    The U.S. Supreme Court on Wednesday will a hear a dispute that pits Comcast, America’s biggest cable company, against an African-American TV mogul accusing it of racial bias because it declined to carry any of his channels.

  • Meredith (MDP) Earnings and Revenues Deteriorate Y/Y in Q1
    Zacks

    Meredith (MDP) Earnings and Revenues Deteriorate Y/Y in Q1

    Non-political spot advertising at Meredith's (MDP) Local Media Group increases during the first quarter of fiscal 2020. Digital advertising revenues also rises during the quarter under review.

  • News Corporation (NWSA) Q1 Earnings Meet Estimates, Fall Y/Y
    Zacks

    News Corporation (NWSA) Q1 Earnings Meet Estimates, Fall Y/Y

    Foreign currency headwinds and softness in Australian property market hurt News Corporation's (NWSA) first-quarter fiscal 2020 results. Total revenues decline year over year.

  • Have Insiders Sold Charter Communications, Inc. (NASDAQ:CHTR) Shares Recently?
    Simply Wall St.

    Have Insiders Sold Charter Communications, Inc. (NASDAQ:CHTR) Shares Recently?

    We wouldn't blame Charter Communications, Inc. (NASDAQ:CHTR) shareholders if they were a little worried about the fact...

  • Media Stock Earnings Lineup for Nov 6: FOXA, ROKU, LBTYA
    Zacks

    Media Stock Earnings Lineup for Nov 6: FOXA, ROKU, LBTYA

    Here we take a sneak peek into quarterly earnings expectations of three media stocks scheduled to report on Nov 6.

  • TV mogul says Supreme Court case against Comcast is about 'economic inclusion'
    Yahoo Finance

    TV mogul says Supreme Court case against Comcast is about 'economic inclusion'

    Byron Allen, the chief executive of Entertainment Studios Inc., alleges that Comcast refused to license his channels because he is black.

  • Zacks

    Media Stock Earnings Lineup for Oct 31: WWE, AMCX, IMAX, SIRI

    Here we take a sneak peek into quarterly earnings expectations of four media stocks scheduled to report on Oct 31.

  • 4 Media Stocks Set to Beat Estimates This Earnings Season
    Zacks

    4 Media Stocks Set to Beat Estimates This Earnings Season

    Here we pick four media stocks that are likely to deliver positive earnings surprises this reporting cycle.

  • Here's Why Momentum Investors Will Love Charter Communications (CHTR)
    Zacks

    Here's Why Momentum Investors Will Love Charter Communications (CHTR)

    Does Charter Communications (CHTR) have what it takes to be a top stock pick for momentum investors? Let's find out.

  • Charter (CHTR) Moves to Buy: Rationale Behind the Upgrade
    Zacks

    Charter (CHTR) Moves to Buy: Rationale Behind the Upgrade

    Charter (CHTR) has been upgraded to a Zacks Rank 2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

  • Charter (CHTR) Q3 Earnings Beat, User Growth Aids Revenues
    Zacks

    Charter (CHTR) Q3 Earnings Beat, User Growth Aids Revenues

    Charter's (CHTR) third-quarter 2019 results reflect growth in Internet, mobile, commercial and video revenues, and significant customer wins.

  • Analysts Raise Comcast’s Price Target after Q3 Results
    Market Realist

    Analysts Raise Comcast’s Price Target after Q3 Results

    Comcast reported its Q3 results before the markets opened on Thursday. Its adjusted EPS rose 21.5% YoY to $0.79, beating analysts’ estimate of $0.75.

  • Charter Communications (CHTR) Q3 Earnings and Revenues Surpass Estimates
    Zacks

    Charter Communications (CHTR) Q3 Earnings and Revenues Surpass Estimates

    Charter (CHTR) delivered earnings and revenue surprises of 4.82% and 0.16%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?

  • Five Things You Need to Know to Start Your Day
    Bloomberg

    Five Things You Need to Know to Start Your Day

    (Bloomberg) -- Want to receive this post in your inbox every morning? Sign up hereAnother spanner in the Brexit works, Amazon disappoints, and the U.S. starts a spy hunt. Here are some of the things people in markets are talking about today.Brexit knotsThe European Union is considering how long to delay the U.K.’s departure from the bloc, but Boris Johnson’s bid for a snap general election is complicating matters. The British Prime Minister needs two-thirds of members of Parliament to back his plan, but his main political rival, Labour leader Jeremy Corbyn, said Thursday he wants to see if the EU offers the extension before he decides. Unfortunately, in a twist Joseph Heller himself would be proud of, the EU is said to be waiting for clarity from the U.K. before it makes its own decision. Chancellor of the Exchequer Sajid Javid said it’s now impossible for the government to meet the current Oct. 31 deadline.Delivery failAmazon.com Inc. cast a pall over earnings season as the effort to get packages from warehouse to doorstep in a single day led to its first year-over-year quarterly profit decline since 2017. Results elsewhere were mixed. Third-quarter income jumped at Barclays Plc, but Anheuser-Busch InBev NV blamed a drop in beer shipments in China and the U.S. as profit growth stumbled. Companies reporting today include Verizon Communications Inc., Nielsen Holdings Plc, Charter Communications Inc. and Goodyear Tire & Rubber Co.Spy gamesAs the presidential impeachment inquiry drags on, the U.S. Justice Department is said to have opened a criminal investigation into whether Donald Trump or his 2016 campaign was illegally spied upon. The president has long alleged that the investigation into Russian interference in the election was politically motivated. On another front, Trump also moved to shield his financial records from Congress. The president’s lawyers asked a federal appeals court to reconsider a ruling upholding a subpoena ordering his accountants to provide the documents to lawmakers.Markets mixedOvernight the MSCI Asia Pacific Index was little changed while Japan’s Topix index closed ­­­0.3% higher as the outlook for chipmakers was seen to be improving. In Europe, the Stoxx 600 Index was down 0.3% at 6:00 a.m. Eastern Time with investors weighing mixed earnings. S&P 500 futures pointed to a slightly higher open, the 10-year Treasury yield was at 1.771% and gold nudged up. Coming up…The University of Michigan’s Consumer Sentiment Index at 10:00 a.m. is expected to hold close to last month’s level. At 1:00 p.m., the Baker Hughes rig count is due, while the U.S. Treasury gives its federal budget debt summary at 2:00 p.m. The ECB’s Francois Villeroy de Galhau speaks in Paris at 10:30 a.m.What we've been readingThis is what's caught our eye over the last 24 hours.Tech can’t get out of the market’s way. How the world uses U.S. antitrust enforcement. SoftBank’s Vision fund planning writedown of over $5 billion. Citi sets stage for first female CEO. Mark Carney has his hands full no matter how Brexit goes. Just miles from Trump’s Scottish golf course lies an oasis for refugees. A new way of creating an invisibility shield.To contact the author of this story: Yakob Peterseil in London at ypeterseil@bloomberg.netTo contact the editor responsible for this story: Samuel Potter at spotter33@bloomberg.netFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Charter Communications Earnings, Revenue Beat in Q3
    Investing.com

    Charter Communications Earnings, Revenue Beat in Q3

    Investing.com - Charter Communications (NASDAQ:CHTR) reported third quarter earnings that beat analysts' expectations on Friday and revenue that topped forecasts.

  • Fox (FOXA) & Charter Communications Extend Distribution Deal
    Zacks

    Fox (FOXA) & Charter Communications Extend Distribution Deal

    Fox Corporation (FOXA) and Charter Communications extend a multi-year distribution agreement to deliver news, entertainment and sports content of the former on the latter's network.

  • Is Comcast Stock a ‘Buy’ before Q3 Earnings?
    Market Realist

    Is Comcast Stock a ‘Buy’ before Q3 Earnings?

    The leading cable giant, Comcast (CMCSA), releases its Q3 earnings tomorrow before the market bell. Wall Street is positive, but should you buy the stock?

  • How Much Did Charter Communications, Inc.'s (NASDAQ:CHTR) CEO Pocket Last Year?
    Simply Wall St.

    How Much Did Charter Communications, Inc.'s (NASDAQ:CHTR) CEO Pocket Last Year?

    Tom Rutledge became the CEO of Charter Communications, Inc. (NASDAQ:CHTR) in 2012. First, this article will compare...

  • Space startup CEO: 'You need regulation' of space — there isn't 'a cop up there'
    Yahoo Finance

    Space startup CEO: 'You need regulation' of space — there isn't 'a cop up there'

    Adrian Steckel, CEO of OneWeb, believes space is a “shared resource” and calls for regulations to level the playing field.

  • Analysts Estimate Charter Communications (CHTR) to Report a Decline in Earnings: What to Look Out for
    Zacks

    Analysts Estimate Charter Communications (CHTR) to Report a Decline in Earnings: What to Look Out for

    Charter (CHTR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.