CHTR - Charter Communications, Inc.

NasdaqGS - NasdaqGS Real-time price. Currency in USD
545.22
+3.92 (+0.72%)
At close: 4:00PM EDT

545.22 0.00 (0.00%)
After hours: 4:54PM EDT

Stock chart is not supported by your current browser
Previous close541.30
Open541.69
Bid544.29 x 900
Ask544.70 x 800
Day's range540.83 - 549.00
52-week range345.67 - 549.00
Volume931,607
Avg. volume1,736,669
Market cap112.565B
Beta (5Y monthly)1.03
PE ratio (TTM)66.28
EPS (TTM)8.23
Earnings date24 Jul 2020 - 28 Jul 2020
Forward dividend & yieldN/A (N/A)
Ex-dividend dateN/A
1y target est564.97
  • Here's How Charter and Comcast Can Curb the Cord-Cutting Movement
    Motley Fool

    Here's How Charter and Comcast Can Curb the Cord-Cutting Movement

    Consumers have tapped into their cable TV provider's on-demand libraries since March in a bigger way than one would have expected.

  • Charter Communications, Inc. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
    Simply Wall St.

    Charter Communications, Inc. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

    It's been a good week for Charter Communications, Inc. (NASDAQ:CHTR) shareholders, because the company has just...

  • Charter Communications Inc (CHTR) Q1 2020 Earnings Call Transcript
    Motley Fool

    Charter Communications Inc (CHTR) Q1 2020 Earnings Call Transcript

    Ladies and gentlemen, thank you for standing by and welcome to Charter's First Quarter 2020 Investor Call. During the course of today's call, we will be referring to non-GAAP measures, as defined and reconciled in our earnings materials.

  • AT&T, Charter, Others Face Call to Cut Fees in the Absence of Live Sports
    Motley Fool

    AT&T, Charter, Others Face Call to Cut Fees in the Absence of Live Sports

    NY Attorney General Letitia James wants the fees cut until the pandemic is over and live sporting events resume.

  • Is Charter Communications' (NASDAQ:CHTR) 147% Share Price Increase Well Justified?
    Simply Wall St.

    Is Charter Communications' (NASDAQ:CHTR) 147% Share Price Increase Well Justified?

    When you buy shares in a company, it's worth keeping in mind the possibility that it could fail, and you could lose...

  • WarnerMedia and Charter Communications Announce Distribution Agreement for HBO Max
    Business Wire

    WarnerMedia and Charter Communications Announce Distribution Agreement for HBO Max

    WarnerMedia, a division of AT&T Inc., and Charter Communications, Inc. announced today a new multiyear distribution agreement that will make HBO Max, WarnerMedia’s anticipated streaming platform, available to Charter customers when it launches next month. Through the pact, all of Charter’s existing HBO subscribers, including subscribers in its Spectrum Silver and Gold video packages, will automatically be given access to HBO Max and its greatly expanded programming offering for no additional charge and with no action required other than signing into the HBO Max app. All remaining and new customers will be able to purchase HBO Max directly from Charter.

  • GlobeNewswire

    The Law Offices of Frank R. Cruz Announces Investigation on Behalf of Charter Communications Inc. Investors (CHTR)

    LOS ANGELES, April 15, 2020 -- The Law Offices of Frank R. Cruz is investigating potential claims against the board of directors of Charter Communications Inc. (“Charter” or.

  • Despite Its High P/E Ratio, Is Charter Communications, Inc. (NASDAQ:CHTR) Still Undervalued?
    Simply Wall St.

    Despite Its High P/E Ratio, Is Charter Communications, Inc. (NASDAQ:CHTR) Still Undervalued?

    This article is for investors who would like to improve their understanding of price to earnings ratios (P/E ratios...

  • Broadband Seen as Haven as Investors Seek Stability
    Bloomberg

    Broadband Seen as Haven as Investors Seek Stability

    (Bloomberg) -- The broadband sector could become a safe haven for investors looking to store cash in the event of a financial crisis.Demand for internet access will be recession-proof, if history is an indicator. A Bureau of Labor Statistics analysis from 2009 to 2010 showed total household spending declined year-over-year while computer information and cable services spending increased. That may be even more the case now amid the coronavirus outbreak, as many Americans are working remotely from home and relying on streaming services like Netflix Inc. for entertainment.“The criticality of broadband has increased since the global financial crisis,” Gregory Williams, an analyst covering cable and satellite services at Cowen, said in a note to clients. It’s “now considered a fairly price inelastic utility-like necessity.”AT&T Inc., Charter Communications Inc., Comcast Corp. and Altice USA Inc. are among the long list of potential benefactors providing internet-based services across the U.S. Pure-play businesses like Charter are seen best positioned for upside. Shares of the Stamford, Connecticut-based company have fallen just 8% since the beginning of the year, compared to a 20% decline in the S&P 500 Index.Michael McKenzie, managing director of private investment firm Grain Management, said that broadband connections grew 15% from 2008 to 2009. While there’s no guarantee that will happen this time, the sector is likely to fare better than cable or entertainment peers as consumers look to cut discretionary spending.“I think it’s highly unlikely that [broadband connectivity] declines in a recession,” McKenzie said in an interview. It “should be a safe bet” given its historic stability, he said.McKenzie said there may be some “depressed” spending in certain sectors like hospitality. But in general, stocks linked to mobile network operators and tower owners will “tend to benefit from what we see coming out of this crisis.”(Corrects broadband connection growth in fifth paragraph.)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • Bond ETFs Will Never Be the Same After Coronavirus
    Bloomberg

    Bond ETFs Will Never Be the Same After Coronavirus

    (Bloomberg Opinion) -- Fixed-income exchange-traded funds have always been, and will continue to be, a contentious subject. Just the idea of a liquidity mismatch between the products and the underlying securities raises tough questions. Which is the more accurate reflection of a market: the benchmark index full of bonds that don’t trade or the ETF that does?As with most things, the truth probably lies somewhere in the middle. But for now, bond ETFs across the world are trading at staggering discounts to their net asset values in what some have dubbed an “illiquidity doom loop.” More recently, that spiral has ensnared even funds that invest in some of the most stable fixed-income securities in the world. It’s one thing if the largest high-yield municipal-bond fund is going berserk — as I wrote last week, that could be chalked up in part to steeply repricing a few securities tied to senior-living facilities. It’s quite another for supposedly safe assets to get hammered. For better or worse, fixed-income ETFs can never be looked at quite the same way going forward.A Bloomberg News article on Friday spotlighted the $6.2 billion iShares Short Maturity Bond ETF (ticker: NEAR). As the name suggests, it holds very short-term corporate debt, with an average duration of less than a year. Some of its biggest holdings include debt from Charter Communications Inc., Ford Motor Co., General Electric Co. and CVS Health Corp., all of which matures within the next eight months. Some of these businesses have had their struggles, yes, but they’re not going belly-up imminently, even with the coronavirus outbreak.Heading into this month, NEAR never swung more than 0.25% in either direction at any point in the previous year. It traded in a 35-cent range over 12 months. Most days, it would barely move at all. Then, something snapped. On March 18, the fund dropped 1.4% in its sharpest decline since inception in 2013. On March 19 it collapsed, tumbling as much as 8.9% because of rumors that BlackRock Inc. was restricting cash redemptions for traders looking to redeem more than one unit. It closed down $3, equivalent to roughly 30 months of dividend payments. The Bloomberg Barclays Short-Term Government/Corporate Total Return Index, meanwhile, was little changed.“Equity-like risk with T-bill upside,” David Schawel, chief investment officer at Family Management Corp., quipped on Twitter. A BlackRock Inc. spokesman told Bloomberg News that the ETF paid out about $150 million in redemptions Thursday, all in cash.NEAR was hardly the only supposedly stable ETF that was slammed. Pacific Investment Management Co.’s Enhanced Short Maturity Active Exchange-Traded Fund (ticker: MINT) dropped 1.35% in the biggest one-day decline since 2009. The Fidelity Low Duration Bond Factor ETF (ticker: FLDR) crumbled 8.35% on March 12, then staged a big rebound of 7.1% on March 13 before losing 8.7% last week.My colleague Eric Balchunas at Bloomberg Intelligence refers to ETFs as a “release valve” for investors to find liquidity when it’s vanishing across bond markets and investors aren’t confident they can sell the underlying securities. It supports the argument that the funds are a better indication of where the market is clearing than the bonds themselves. Or, at the very least, ETFs get out ahead of the ups and downs to come. He said that a vast majority of purportedly bad optics aren’t really that bad at all.What happened to NEAR was different. On Twitter, Balchunas called the huge price drop “unacceptable.” It was a “bad move” by BlackRock, he said. The money manager realized its mistake and reversed course, he added, “but damage was done.”  While it’s possible that NEAR and the other ETFs will recover soon from their violent drops and company missteps, this feels like a moment of truth for the fixed-income ETF industry. If investors are simply turning to them for instant price discovery and liquidity, then the funds have certainly held up their end of the bargain. If, however, institutions expected the ETFs to minimize tracking error to a benchmark index, they’ve been let down amid this market turmoil. Heading into Friday, roughly 70 fixed-income ETFs were trading with at least a 5% discount to their net asset value, and 16 traded at a discount of 10% or greater.Again, there could be a snapback. In fact, evidence of one began emerging on Friday across a range of fixed-income ETFs. After reaching a stunning 28% discount on March 18, the VanEck Vectors High Yield Municipal Index ETF (ticker: HYD) staged its biggest two-day advance since inception in 2009. Its short-term cousin, SHYD, surged 9.4% on Friday alone. It’s not clear whether that’s because the underlying securities have stopped selling off or just because the fund became so heavily discounted. If it’s the latter, then the open-end ETF has taken on similar characteristics as closed-end funds, with enterprising investors closing the NAV gap.None of this means the ETF industry is in jeopardy. It just means investors need to realize they won’t function as steady, index-based products during crisis-like periods. Investors were pulling cash from bond funds of all types at a record pace in the week through March 18, which is often the impetus for a vicious cycle. Combine that with a lack of liquidity as banks step back as market-makers, and it’s no wonder that ETFs spiraled. I have little doubt that fixed-income ETFs will get through this rough stretch. But the experience will forever change the conversation about how they’ll perform in a worst-case scenario.  This column does not necessarily reflect the opinion of Bloomberg LP and its owners.Brian Chappatta is a Bloomberg Opinion columnist covering debt markets. He previously covered bonds for Bloomberg News. He is also a CFA charterholder.For more articles like this, please visit us at bloomberg.com/opinionSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • Charter staff told to report to offices despite positive coronavirus tests
    TechCrunch

    Charter staff told to report to offices despite positive coronavirus tests

    Staff at telecommunications giant Charter Communications are still having to work from corporate offices — against the advice from the federal government — despite at least one employee testing positive for coronavirus and other staff coming into contact with another confirmed case. Dozens of other Charter employees have contacted TechCrunch in the past few days with concerns about their current working conditions. The employees we spoke to said that while Charter has the means to allow staff to work from home, executives are reluctant to relax the policy.

  • Internet providers are cutting data caps, increasing speeds as more Americans work from home
    Yahoo Finance

    Internet providers are cutting data caps, increasing speeds as more Americans work from home

    Internet service providers are working to ensure Americans stay online while they work form home by cutting data caps and suspending terminating service.

  • Should We Be Cautious About Charter Communications, Inc.'s (NASDAQ:CHTR) ROE Of 5.1%?
    Simply Wall St.

    Should We Be Cautious About Charter Communications, Inc.'s (NASDAQ:CHTR) ROE Of 5.1%?

    While some investors are already well versed in financial metrics (hat tip), this article is for those who would like...

  • Results: Charter Communications, Inc. Beat Earnings Expectations And Analysts Now Have New Forecasts
    Simply Wall St.

    Results: Charter Communications, Inc. Beat Earnings Expectations And Analysts Now Have New Forecasts

    Investors in Charter Communications, Inc. (NASDAQ:CHTR) had a good week, as its shares rose 6.6% to close at US$532...

  • Is It Time To Consider Buying Charter Communications, Inc. (NASDAQ:CHTR)?
    Simply Wall St.

    Is It Time To Consider Buying Charter Communications, Inc. (NASDAQ:CHTR)?

    Charter Communications, Inc. (NASDAQ:CHTR) saw a decent share price growth in the teens level on the NASDAQGS over the...

  • Charter Communications Earnings, Revenue Beat in Q4
    Investing.com

    Charter Communications Earnings, Revenue Beat in Q4

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

  • Why We’re Not Keen On Charter Communications, Inc.’s (NASDAQ:CHTR) 4.6% Return On Capital
    Simply Wall St.

    Why We’re Not Keen On Charter Communications, Inc.’s (NASDAQ:CHTR) 4.6% Return On Capital

    Today we are going to look at Charter Communications, Inc. (NASDAQ:CHTR) to see whether it might be an attractive...

  • Hidden cable fees are about to go away
    Yahoo Finance

    Hidden cable fees are about to go away

    The omnibus spending bill has a treat for consumers.

  • The Zacks Analyst Blog Highlights: QUALCOMM, NVIDIA, Charter, Microsoft and Thermo Fisher Scientific
    Zacks

    The Zacks Analyst Blog Highlights: QUALCOMM, NVIDIA, Charter, Microsoft and Thermo Fisher Scientific

    The Zacks Analyst Blog Highlights: QUALCOMM, NVIDIA, Charter, Microsoft and Thermo Fisher Scientific

  • A Look At The Intrinsic Value Of Charter Communications, Inc. (NASDAQ:CHTR)
    Simply Wall St.

    A Look At The Intrinsic Value Of Charter Communications, Inc. (NASDAQ:CHTR)

    Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Charter...

  • ‘Talking Car’ Dream Gives Way for Gadgets Under FCC Proposal
    Bloomberg

    ‘Talking Car’ Dream Gives Way for Gadgets Under FCC Proposal

    (Bloomberg) -- The U.S. Federal Communications Commission has proposed taking back some of the spectrum long promised to automakers and re-allocating it to other wireless uses, according to people familiar with the matter.It’s a potentially significant development in a years-long debate that saw automakers fight to retain frequencies they’ve barely used. Carmakers say they’re poised to finally use the airwaves to connect vehicles and infrastructure to prevent collisions.The FCC sent the proposal to the Transportation Department in recent days, said two people who asked not to be identified discussing the private deliberations. If DOT agrees, FCC Chairman Ajit Pai could set a Dec. 12 vote on the proposal to modify the grant of airwaves it made 20 years ago.The Transportation Department has long resisted the idea and remains concerned and will likely oppose the FCC’s latest plan, one of the people said.Representatives for both agencies declined to comment.Cable providers who offer Wi-Fi for customers’ wireless use are hungry for spectrum as digital technology transforms everything from cars to video feeds and household appliances.More airwaves are needed to help “deliver a future of ubiquitous connectivity,” Charter Communications Inc. said in a Nov. 12 filing. Charter’s network supports more than 300 million devices, the Stamford, Connecticut-based company said.Auto industry companies including General Motors Co., Toyota Motor Corp. and Denso Corp. spent more than a decade developing vehicle-to-vehicle, or “V2V,” communications systems to link cars, roadside beacons and traffic lights into a seamless wireless communication web to avoid collisions and heed speed limits. Yet deployments have been few, and no major automakers produce cars using the technology in the U.S.The auto industry has broadly shifted to favor a newer technology based on cellular systems, in part because it offers a path to transition to 5G systems in the future, proponents of the FCC’s plan say.Ford announced earlier this year that it will outfit all its new U.S. models starting in 2022 with cellular vehicle-to-everything technology. The system would enable Ford’s cars to communicate with one another about road hazards, talk to stop lights to smooth traffic flow and pay the bill automatically while picking up fast food.Automakers and their allies last year asked the FCC to let them use part of the band for cellular-based technology - rather than the Wi-Fi format the agency mandated in 1999 - while preserving all of the airwaves for transportation safety. In a petition the companies said the newer, cellular technology is more reliable, with greater range.The airwaves could be used for fast communications including machine-to-machine links, and smart city applications such as smart cameras, traffic monitoring and security sensors, NCTA-The Internet & Television Association, a trade group for companies including Comcast and Charter, told the FCC in a Sept. 25 filing.(Updates with Charter filing in seventh paragraph.)\--With assistance from Keith Naughton.To contact the reporters on this story: Ryan Beene in Washington at rbeene@bloomberg.net;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.

  • 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.

  • 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...

  • 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.