|Bid||37.14 x 200|
|Ask||37.64 x 200|
|Day's range||37.08 - 38.02|
|52-week range||30.43 - 44.00|
|Beta (3Y monthly)||0.88|
|PE ratio (TTM)||7.22|
|Earnings date||22 Jan 2019 - 28 Jan 2019|
|Forward dividend & yield||0.76 (1.97%)|
|1y target est||43.83|
Verizon (VZ) recently introduced a service called MyNumbers, which allows its wireless customers to work with up to five phone numbers on a single handset, making it easy for people to have separate numbers for personal, business, and other uses without having to carry around multiple phones. Although MyNumbers mostly sees Verizon catching up to the competition because T-Mobile (TMUS) and AT&T (T) have already launched their variants of the service, it could help Verizon boost its customer retention. Under Verizon’s MyNumbers service, each added line is charged at $15 per month, which looks cheaper than buying a separate device for each use even for those customers who upgrade their handsets regularly.
NEW YORK, Dec. 07, 2018 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.
Comcast (CMCSA) and Charter Communications (CHTR) have diversified into the wireless market, selling mobile services using Verizon’s (VZ) 4G LTE (long-term evolution) network. The arrangement with Verizon restricts Comcast and Charter to selling mobile services in their footprints.
Although T-Mobile (TMUS) hopes to close its deal to merge with Sprint (S) as early as in the first quarter of 2019, the path isn’t smooth, as the deal continues to face strong resistance. Fearing reduced competition in the wireless market and possible job losses, more than a dozen groups, including labor unions, have recently asked the Democrat-controlled US House of Representatives to hold a hearing on the T-Mobile-Sprint merger deal.
Discovery (DISCA) benefits from strength in content portfolio. The recent partnership with Tiger Woods to offer exclusive golf content is a move in this direction.
Out of the 26 analysts covering Walt Disney (DIS), 15 analysts have rated the stock a “buy,” while nine analysts have given the stock a “hold” rating. Only two of the analysts have rated the stock a “sell.” Disney’s better-than-expected results in both the fourth quarter of 2018 and fiscal 2018 results have made analysts positive on the stock.
Media giants Walt Disney (DIS) and 21st Century Fox (FOXA) were reportedly being accused of canceling a licensing contract related to the planned construction of a Fox-branded theme park. The US media and entertainment companies were charged more than $1 billion by Kuala Lumpur-based company Genting Malaysia, who has sued them for not complying with the contract to build a Fox-branded theme park at Resorts World Genting.
Late on Wednesday, Walt Disney’s (DIS) board announced it would hike the company’s semi-annual dividends. The company has raised its semi-annual dividend levels to $0.88 per share by 4.8% from the prior semi-annual dividend levels of $0.84. The new semi-annual dividend of $0.88 will be paid on January 10, 2019, to shareholders of record as of December 10. The company’s new semi-annual dividend of $0.88 would bring its total dividends for fiscal 2019 to $1.76 per share. The company last paid its semi-annual dividend of $0.84 per share in July 2018.
On November 28, Dish Network (DISH) appointed Suma Nallapati as the new senior vice president and chief digital officer. Nallapati will report to the company’s chief information officer, Atilla Tinic. Nallapati will join the company in mid-January. Nallapati is expected to ensure that Dish Network is well-positioned with the application delivery and digital strategy implementation. Nallapati is expected to overlook sales, e-commerce, customer and partner management, billing and other various operational support systems, and help the company to perform better.
On November 28, Alphabet’s (GOOGL) subsidiary Google announced a new ad partnership with media giant Walt Disney (DIS) and ended its relationship with Comcast’s (CMCSA) ad tech subsidiary FreeWheel, which was acquired for $360 million in 2014. Under the new partnership with Google, Disney’s core ad tech platform will be managed by Google Ad Manager, which will also power Disney’s video and display ad business, according to a blog post.
Walt Disney (DIS) agreed to buy media and entertainment assets including a 39% stake in London-based Sky from Rupert Murdoch-owned 21st Century Fox (FOXA) for $71.3 billion in June. Disney now remains on track to purchase Fox’s assets including film and TV studios, cable networks such as FX Networks, and Fox Sports Regional Networks, Fox Networks Group, stakes in National Geographic Partners, Indian satellite TV group Star India, Hulu, and other assets.
Charter Communications (CHTR), the second-largest cable operator in the United States, continued to lose video customers in the third quarter. The company lost a net 66,000 residential video customers in the third quarter as compared to 104,000 net losses in the year-ago quarter. Charter’s residential video customers declined by ~1.6% YoY to reach 16.1 million at the end of September 30. This reduction in residential video subscribers is due to intense competition from low-cost over-the-top (or OTT) video streaming players.
Walt Disney (DIS) is on track to acquire media and entertainment assets of 21st Century Fox (FOXA), after giving its 39% stake in London-based pay-TV broadcaster Sky to Comcast (CMCSA). Cable and media company Comcast was earlier a rival bidder for Fox assets but then later decided to withdraw to focus on the Sky acquisition.
Charter Communications (CHTR) is optimistic about the growth trajectory of its high-speed Internet business, as demand is growing for high-speed Internet connections as people are dropping traditional pay-TV plans for over-the-top (or OTT) video streaming services.
Major League Baseball (or MLB) is seeking to buy 21st Century Fox’s (FOXA) regional sports networks. Walt Disney (DIS) is looking for a suitable buyer for Fox’s local sports networks (or RSN) to close its acquisition deal with Fox, as part of the US regulatory condition.