CHTR Stock Overview
Charter Communications, Inc. operates as a broadband connectivity and cable operator company serving residential and commercial customers in the United States.
Charter Communications, Inc. Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$478.12|
|52 Week High||US$825.62|
|52 Week Low||US$407.75|
|1 Month Change||2.68%|
|3 Month Change||1.43%|
|1 Year Change||-38.04%|
|3 Year Change||24.35%|
|5 Year Change||21.67%|
|Change since IPO||1,210.05%|
Recent News & Updates
Charter Communications phasing out original-content wing
Charter Communications (NASDAQ:CHTR) is scrapping its initiatives for original programming, shutting down Spectrum Originals and refocusing those efforts. That brings an end to a four-year-plus attempt to push into Charter's own scripted shows, to help hold back the tide of cable departures due to cord-cutting. The move isn't too surprising as Spectrum Originals champion Katherine Pope, who launched and led the unit, elected last month to depart for a role as president of Sony Pictures Television Studios. Shutting it down will require a phase-out as there are a number of series in Spectrum's development pipeline that will need to be scheduled and routed somewhere. Some may yet air on Spectrum, Deadline Hollywood reported, while others may revert to producers so they can find new homes. A new approach from Charter was signaled by its team-up with rival Comcast on a platform it hopes will be a leading aggregator of streaming video.
Is Now The Time To Put Charter Communications (NASDAQ:CHTR) On Your Watchlist?
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Charter Communications to raise debt capital
Charter Communications (NASDAQ:CHTR) announced that its subsidiaries, CCO Holdings, LLC and CCO Holdings Capital Corp. intend to offer senior unsecured notes. Net proceeds will be used for general corporate purposes, including to fund potential buybacks of Class A common stock of Charter and common units of Charter Communications Holdings, LLC, to repay certain indebtedness and to pay related fees and expenses. CHTR down 30% on YTD basis.
The Return Trends At Charter Communications (NASDAQ:CHTR) Look Promising
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Cableco Charter hit with $7B penalty in Texas murder case
Charter Communications (NASDAQ:CHTR) has been hit with an eye-popping $7B penalty from a Dallas County, Texas, jury in a case involving a robbery/murder committed by a Spectrum field technician. The 2019 case involved the robbery and murder of an 83-year-old customer by an employee, and the jury has found Charter liable in the case. The company had already received a penalty of more than $300M in compensatory damages; the much bigger $7B penalty has come in the punishment phase of the trial. The jury found gross negligence by the company in making the award. The former technician pleaded guilty to the December 2019 murder of 83-year-old Betty Thomas, and Charter was involved via a civil suit. A Dallas jury found Charter 90% responsible for the death. The victim's family claimed "systemic safety failures," saying that Charter got rid of an employee screening program in place at Time Warner Cable when Charter acquired that cableco.
|CHTR||US Media||US Market|
Return vs Industry: CHTR underperformed the US Media industry which returned -32.1% over the past year.
Return vs Market: CHTR underperformed the US Market which returned -11.7% over the past year.
|CHTR Average Weekly Movement||5.2%|
|Media Industry Average Movement||8.3%|
|Market Average Movement||7.7%|
|10% most volatile stocks in US Market||16.9%|
|10% least volatile stocks in US Market||3.2%|
Stable Share Price: CHTR is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: CHTR's weekly volatility (5%) has been stable over the past year.
About the Company
Charter Communications, Inc. operates as a broadband connectivity and cable operator company serving residential and commercial customers in the United States. The company offers subscription-based video services, including video on demand, high-definition television, digital video recorder, pay-per-view services. It provides Internet services, such as security suite that protects computers from viruses and spyware, and threats from malicious actors; in-home WiFi, which provides customers with high performance wireless routers to enhance their in-home wireless Internet experience; out-of-home WiFi; and Spectrum WiFi services, as well as video services.
Charter Communications, Inc. Fundamentals Summary
|CHTR fundamental statistics|
Is CHTR overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|CHTR income statement (TTM)|
|Cost of Revenue||US$29.01b|
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
|Earnings per share (EPS)||34.41|
|Net Profit Margin||10.35%|
How did CHTR perform over the long term?See historical performance and comparison