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NASDAQ:CHTR

Charter Communications (CHTR) Stock Forecast, Price & News

$343.61
+5.07 (+1.50%)
(As of 05/18/2023 ET)
Compare
Today's Range
$333.86
▼
$344.53
50-Day Range
$320.63
▼
$368.70
52-Week Range
$297.66
▼
$515.66
Volume
1.00 million shs
Average Volume
1.11 million shs
Market Capitalization
$52.45 billion
P/E Ratio
11.26
Dividend Yield
N/A
Price Target
$481.35
ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability

Charter Communications MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
40.1% Upside
$481.35 Price Target
Short Interest
N/A
Dividend Strength
N/A
Sustainability
-0.97
Upright™ Environmental Score
News Sentiment
0.40mentions of Charter Communications in the last 14 days
Based on 11 Articles This Week
Insider Trading
Selling Shares
$11.51 M Sold Last Quarter
Proj. Earnings Growth
17.42%
From $30.66 to $36.00 Per Share

Overall MarketRank™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

3.04 out of 5 stars

Consumer Discretionary Sector

11th out of 260 stocks

Cable & Other Pay Television Services Industry

2nd out of 21 stocks

See Top Rated MarketRank™ Stocks Here

CHTR stock logo

About Charter Communications (NASDAQ:CHTR) Stock

Charter Communications Inc is a mass media and telecommunications company in Stamford, Connecticut. The company has become one of the largest cable and internet service providers in the United States since it was founded in 1993. Charter Communications serves over 30 million customers across 41 states. In addition to providing cable television and internet services, Charter offers home phone services, mobile services and advertising solutions. Key highlights of the company include its acquisition of Time Warner Cable in 2016, which made it the second-largest cable operator in the US and its launch of Spectrum Mobile, a mobile virtual network operator, in 2018.

Charter has seen steady growth in its financial metrics over the past few years. However, the company's debt levels have increased recently, with long-term debt rising from $64.2 billion in 2020 to $96 billion in 2023. This rise in debt is coupled with a stock price decrease of close to fifty percent from the third quarter of 2021 to the third quarter of 2022. 

Charter operates in the highly competitive telecommunications industry, undergoing significant changes due to technological advancements and shifting consumer preferences. The industry is dominated by a few prominent players, including Comcast, AT&T and Verizon. In addition, there has been a trend towards cord-cutting in recent years, as consumers increasingly opt for streaming services over traditional cable television. This trend has pressured cable companies to adapt and offer customers more flexible and affordable options. The industry is also subject to regulatory and political forces, with ongoing debates around net neutrality and the role of telecom companies in shaping public discourse.

Charter's leadership team changed hands in the fourth quarter of 2022 when Charter appointed previous COO Christopher Winfrey to the CEO lead, replacing CEO Thomas Rutledge, who had been at the helm for ten years. 

One of the key growth opportunities for Charter is its expansion into the mobile services market through Spectrum Mobile. The company launched Spectrum Mobile in 2018, leveraging its existing infrastructure to offer customers affordable mobile plans. Spectrum Mobile represents a significant growth opportunity for Charter as the demand for mobile services continues to grow. The company is also investing in its broadband network, with plans to extend its coverage and increase internet speeds in underserved areas.

One of the critical risks facing Charter is the ongoing trend towards cord-cutting, as customers increasingly opt for streaming services over traditional cable television. This trend has pressured cable companies to adapt and offer customers more flexible and affordable options. The industry is also subject to regulatory and political pressures, with ongoing debates around net neutrality and the role of telecom companies in shaping public discourse. As a result, Charter could face increased regulatory scrutiny, impacting its operations and financial performance. Another challenge for Charter is the potential for increased competition, particularly from new entrants to the market. The telecom industry is constantly evolving, with new technologies and players emerging. Charter must continue to innovate and invest in its network to remain competitive.

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CHTR Stock News Headlines

May 17, 2023 | americanbankingnews.com
Charter Communications (NASDAQ:CHTR) PT Lowered to $400.00
May 15, 2023 | msn.com
Deutsche Bank Maintains Charter Communications Inc. - (CHTR) Hold Recommendation
May 18, 2023 | Behind the Markets (Ad)
Why Your IRA Could Crash on June 16th
China will attack Taiwan as soon as June 16th, 2023. The stock market will crash at least 35% when China makes their move.
May 15, 2023 | seekingalpha.com
Charter Communications: Rural Expansion Seems To Be Working, Valuation Is Cheap
May 15, 2023 | finance.yahoo.com
How Are Cable Companies Growing Their Wireless Businesses So Fast? T-Mobile Has a Guess.
May 12, 2023 | finance.yahoo.com
SPECTRUM PARTNERS WITH OVATION TV TO SUPPORT MADISON YOUTH ARTS CENTER WITH $10,000 STAND FOR THE ARTS AWARD
May 12, 2023 | msn.com
Price Over Earnings Overview: Charter Communications
May 11, 2023 | finance.yahoo.com
Charter to Participate in SVB MoffettNathanson Technology, Media and Telecom Conference
May 18, 2023 | Behind the Markets (Ad)
Why Your IRA Could Crash on June 16th
China will attack Taiwan as soon as June 16th, 2023. The stock market will crash at least 35% when China makes their move.
May 10, 2023 | americanbankingnews.com
Charter Communications, Inc. (NASDAQ:CHTR) Receives Consensus Recommendation of "Hold" from Analysts
May 9, 2023 | finance.yahoo.com
Is Charter Communications, Inc.'s (NASDAQ:CHTR) ROE Of 44% Impressive?
May 8, 2023 | marketwatch.com
Charter Communications Inc. Cl A stock underperforms Monday when compared to competitors
May 8, 2023 | finance.yahoo.com
Spectrum Enterprise Enhances Cybersecurity Offerings to Help Businesses More Easily Protect Their Digital Infrastructure
May 5, 2023 | marketwatch.com
Charter Communications Inc. Cl A stock rises Friday, still underperforms market
May 5, 2023 | americanbankingnews.com
KeyCorp Weighs in on Charter Communications, Inc.'s Q2 2023 Earnings (NASDAQ:CHTR)
May 5, 2023 | americanbankingnews.com
Q2 2023 EPS Estimates for Charter Communications, Inc. (NASDAQ:CHTR) Increased by Analyst
May 4, 2023 | marketwatch.com
Charter Communications Inc. Cl A stock underperforms Thursday when compared to competitors
May 3, 2023 | americanbankingnews.com
Benchmark Lowers Charter Communications (NASDAQ:CHTR) Price Target to $575.00
May 3, 2023 | americanbankingnews.com
Charter Communications (NASDAQ:CHTR) Price Target Cut to $500.00
May 2, 2023 | msn.com
Pivotal Research Maintains Charter Communications Inc. - (CHTR) Buy Recommendation
May 2, 2023 | finance.yahoo.com
SPECTRUM PARTNERS WITH OVATION TV TO SUPPORT THE LATINO THEATER COMPANY WITH $10,000 STAND FOR THE ARTS AWARD
May 2, 2023 | finance.yahoo.com
Insiders of Charter Communications, Inc. (NASDAQ:CHTR) would have made a tidy sum after selling US$14m worth of stock at a high price
May 1, 2023 | msn.com
Benchmark Maintains Charter Communications Inc. - (CHTR) Buy Recommendation
May 1, 2023 | americanbankingnews.com
Bank of America Raises Charter Communications (NASDAQ:CHTR) Price Target to $425.00
May 1, 2023 | markets.businessinsider.com
Analysts Are Neutral on These Services Stocks: Charter Communications (CHTR), Bloomin’ Brands (BLMN)
May 1, 2023 | markets.businessinsider.com
Raymond James Sticks to Its Hold Rating for Charter Communications (CHTR)
May 1, 2023 | markets.businessinsider.com
Goldman Sachs Sticks to Its Buy Rating for Charter Communications (CHTR)
See More Headlines
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CHTR Company Calendar

Last Earnings
4/28/2023
Today
5/18/2023
Next Earnings (Estimated)
8/04/2023
Fiscal Year End
12/31/2023
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Cable & other pay television services
Sub-Industry
Cable & Satellite
Sector
Consumer Discretionary
Current Symbol
NASDAQ:CHTR
CUSIP
16117M30
CIK
1091667
Web
www.charter.com
Phone
(203) 905-7801
Fax
314-965-9745
Employees
101,700
Year Founded
1993

Price Target and Rating

Average Stock Price Forecast
$481.35
High Stock Price Forecast
$649.00
Low Stock Price Forecast
$273.00
Forecasted Upside/Downside
+40.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
20 Analysts

Profitability

EPS (Most Recent Fiscal Year)
$30.52
Trailing P/E Ratio
11.26
Forward P/E Ratio
11.21
P/E Growth
0.46
Net Income
$5.06 billion
Net Margins
8.95%
Pretax Margin
13.37%
Return on Equity
37.99%
Return on Assets
3.38%

Debt

Debt-to-Equity Ratio
7.44
Current Ratio
0.33
Quick Ratio
0.33

Sales & Book Value

Annual Sales
$54.02 billion
Price / Sales
0.97
Cash Flow
$93.63 per share
Price / Cash Flow
3.67
Book Value
$84.52 per share
Price / Book
4.07

Miscellaneous

Outstanding Shares
152,650,000
Free Float
149,109,000
Market Cap
$52.45 billion
Optionable
Optionable
Beta
1.10

Social Links


Key Executives

  • Christopher L. WinfreyChristopher L. Winfrey
    President & Chief Executive Officer
  • Jessica Fischer
    Chief Financial Officer
  • Richard J. DiGeronimo
    President-Product & Technology
  • Jake H. Perlman
    Executive Vice President-Software Development
  • David G. Ellen
    Senior Executive Vice President

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions













CHTR Stock - Frequently Asked Questions

Should I buy or sell Charter Communications stock right now?

20 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Charter Communications in the last twelve months. There are currently 1 sell rating, 8 hold ratings and 11 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" CHTR shares.
View CHTR analyst ratings or view top-rated stocks.

What is Charter Communications' stock price forecast for 2023?

20 analysts have issued 1 year price objectives for Charter Communications' stock. Their CHTR share price forecasts range from $273.00 to $649.00. On average, they anticipate the company's share price to reach $481.35 in the next year. This suggests a possible upside of 40.1% from the stock's current price.
View analysts price targets for CHTR or view top-rated stocks among Wall Street analysts.

How have CHTR shares performed in 2023?

Charter Communications' stock was trading at $339.10 on January 1st, 2023. Since then, CHTR shares have increased by 1.3% and is now trading at $343.61.
View the best growth stocks for 2023 here.

When is Charter Communications' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, August 4th 2023.
View our CHTR earnings forecast.

How were Charter Communications' earnings last quarter?

Charter Communications, Inc. (NASDAQ:CHTR) released its earnings results on Friday, April, 28th. The company reported $6.65 earnings per share (EPS) for the quarter, missing the consensus estimate of $7.21 by $0.56. The firm had revenue of $13.65 billion for the quarter, compared to analysts' expectations of $13.61 billion. Charter Communications had a trailing twelve-month return on equity of 37.99% and a net margin of 8.95%. The company's revenue was up 3.4% on a year-over-year basis. During the same quarter in the previous year, the company earned $6.90 EPS.
Read the conference call transcript.

What ETFs hold Charter Communications' stock?

ETFs with the largest weight of Charter Communications (NASDAQ:CHTR) stock in their portfolio include Roundhill IO Digital Infrastructure ETF (BYTE), Invesco S&P 500 Equal Weight Communication Services ETF (EWCO), Communication Services Select Sector SPDR Fund (XLC), God Bless America ETF (YALL), iShares U.S. Telecommunications ETF (IYZ), ProShares Ultra Communication Services (LTL), VictoryShares US Multi-Factor Minimum Volatility ETF (VSMV) and FPA Global Equity ETF (FPAG).

What other stocks do shareholders of Charter Communications own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Charter Communications investors own include Intel (INTC), NVIDIA (NVDA), Johnson & Johnson (JNJ), Cisco Systems (CSCO), Netflix (NFLX), Alibaba Group (BABA), Verizon Communications (VZ), Walmart (WMT), Home Depot (HD) and Walt Disney (DIS).

What is Charter Communications' stock symbol?

Charter Communications trades on the NASDAQ under the ticker symbol "CHTR."

Who are Charter Communications' major shareholders?

Charter Communications' stock is owned by a number of retail and institutional investors. Top institutional investors include Dodge & Cox (5.69%), BlackRock Inc. (4.52%), State Street Corp (3.41%), Veritas Asset Management LLP (1.87%), Geode Capital Management LLC (1.30%) and Citigroup Inc. (0.00%). Insiders that own company stock include Christopher L Winfrey, David C Merritt, David C Merritt, David Ellen, John Bickham, Jonathan Hargis, Kevin D Howard, Richard R Dykhouse, Richard R Dykhouse, S P Iv Johnson, Steven A Miron and Thomas Rutledge.
View institutional ownership trends.

How do I buy shares of Charter Communications?

Shares of CHTR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Charter Communications' stock price today?

One share of CHTR stock can currently be purchased for approximately $343.61.

How much money does Charter Communications make?

Charter Communications (NASDAQ:CHTR) has a market capitalization of $52.45 billion and generates $54.02 billion in revenue each year. The company earns $5.06 billion in net income (profit) each year or $30.52 on an earnings per share basis.

How many employees does Charter Communications have?

The company employs 101,700 workers across the globe.

Does Charter Communications have any subsidiaries?
The following companies are subsidiares of Charter Communications: Bresnan Broadband Holdings LLC, Bresnan Broadband of Colorado LLC, Bresnan Broadband of Montana LLC, Bresnan Broadband of Utah LLC, Bresnan Broadband of Wyoming LLC, Bresnan Digital Services LLC, Bright House Networks, Bright House Networks Information Services Alabama LLC, Bright House Networks Information Services California LLLC, Bright House Networks Information Services Florida LLC, Bright House Networks Information Services Indiana LLC, Bright House Networks Information Services Michigan LLC, CC Fiberlink LLC, CC VI Fiberlink LLC, CC VII Fiberlink LLC, CCH Holding Company LLC, CCH I Holdings LLC, CCH II LLC, CCHC LLC, CCO Fiberlink LLC, CCO Holdings Capital Corp., CCO Holdings LLC, CCO NR Holdings LLC, Charter Advanced Services MO LLC, Charter Communications Holding Company LLC, Charter Communications Holdings LLC, Charter Communications Inc., Charter Communications LLC, Charter Communications Operating Capital Corp., Charter Communications Operating LLC, Charter Communications VI L.L.C., Charter Distribution LLC, Charter Fiberlink CA-CCO LLC, Charter Fiberlink CC VIII LLC, Charter Fiberlink CCO LLC, Charter Fiberlink CT-CCO LLC, Charter Fiberlink LA-CCO LLC, Charter Fiberlink MA-CCO LLC, Charter Fiberlink MS-CCVI LLC, Charter Fiberlink NC-CCO LLC, Charter Fiberlink NH-CCO LLC, Charter Fiberlink NV-CCVII LLC, Charter Fiberlink NY-CCO LLC, Charter Fiberlink OR-CCVII LLC, Charter Fiberlink SC-CCO LLC, Charter Fiberlink TX-CCO LLC, Charter Fiberlink VA-CCO LLC, Charter Fiberlink VT-CCO LLC, Charter Fiberlink WA-CCVII LLC, Charter Fiberlink – Alabama LLC, Charter Fiberlink – Georgia LLC, Charter Fiberlink – Illinois LLC, Charter Fiberlink – Maryland II LLC, Charter Fiberlink – Michigan LLC, Charter Fiberlink – Missouri LLC, Charter Fiberlink – Nebraska LLC, Charter Fiberlink – Tennessee LLC, Charter Gateway LLC, Charter Leasing Holding Company LLC, Charter Procurement Leasing LLC, Clearview Networks, DukeNet Communications LLC, Fanch Communications, Helicon Cable, Innovar Media LLC, Insight Blocker LLC, Marcus Cable Associates L.L.C., Renaissance Media LLC, SCI Aviation Inc., Spectrum Advanced Services LLC, Spectrum Captive Holdings LLC, Spectrum Communications Indemnity Inc., Spectrum Fiberlink Florida LLC, Spectrum Gulf Coast LLC, Spectrum Management Holding Company LLC, Spectrum Mid-America LLC, Spectrum Mobile Equipment LLC, Spectrum Mobile LLC, Spectrum NLP LLC, Spectrum New Jersey LLC, Spectrum New York Metro LLC, Spectrum Northeast LLC, Spectrum Oceanic LLC, Spectrum Originals Development LLC, Spectrum Originals LLC, Spectrum Pacific West LLC, Spectrum RSN LLC, Spectrum Reach LLC, Spectrum Security LLC, Spectrum Southeast LLC, Spectrum Stamford LLC, Spectrum Sunshine State LLC, Spectrum TV Essentials LLC, Spectrum Wireless Holdings LLC, SpectrumCo, TC Technology LLC, TWC Administration LLC, TWC Communications LLC, TWC Employee Disaster Relief Fund, TWC SEE Holdco LLC, TWCIS Holdco LLC, Time Warner Cable, Time Warner Cable Business LLC, Time Warner Cable Enterprises LLC, Time Warner Cable Information Services Alabama LLC, Time Warner Cable Information Services Arizona LLC, Time Warner Cable Information Services California LLC, Time Warner Cable Information Services Colorado LLC, Time Warner Cable Information Services Hawaii LLC, Time Warner Cable Information Services Idaho LLC, Time Warner Cable Information Services Illinois LLC, Time Warner Cable Information Services Indiana LLC, Time Warner Cable Information Services Kansas LLC, Time Warner Cable Information Services Kentucky LLC, Time Warner Cable Information Services Maine LLC, Time Warner Cable Information Services Massachusetts LLC, Time Warner Cable Information Services Michigan LLC, Time Warner Cable Information Services Missouri LLC, Time Warner Cable Information Services Nebraska LLC, Time Warner Cable Information Services New Hampshire LLC, Time Warner Cable Information Services New Jersey LLC, Time Warner Cable Information Services New Mexico LLC, Time Warner Cable Information Services New York LLC, Time Warner Cable Information Services North Carolina LLC, Time Warner Cable Information Services Ohio LLC, Time Warner Cable Information Services Pennsylvania LLC, Time Warner Cable Information Services South Carolina LLC, Time Warner Cable Information Services Tennessee LLC, Time Warner Cable Information Services Texas LLC, Time Warner Cable Information Services Virginia LLC, Time Warner Cable Information Services Washington LLC, Time Warner Cable Information Services West Virginia LLC, Time Warner Cable Information Services Wisconsin LLC, Time Warner Cable LLC, and Vista Broadband Communications.
Read More
How can I contact Charter Communications?

Charter Communications' mailing address is 400 Atlantic Street, Stamford CT, 06901. The official website for the company is www.charter.com. The company can be reached via phone at (203) 905-7801, via email at investor@charter.com, or via fax at 314-965-9745.

This page (NASDAQ:CHTR) was last updated on 5/18/2023 by MarketBeat.com Staff

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