Charter Communications, Inc. (NASDAQ:CHTR – Get Free Report)’s share price gapped up prior to trading on Monday . The stock had previously closed at $133.64, but opened at $168.11. Charter Communications shares last traded at $153.1730, with a volume of 4,581,809 shares changing hands.
More Charter Communications News
Here are the key news stories impacting Charter Communications this week:
- Positive Sentiment: Reports that Charter may partner with SpaceX on consumer mobile services have sparked speculation about a new revenue opportunity and improved competitive positioning. Article: Charter may be making ‘frenemies’ with SpaceX, and its stock is soaring
- Positive Sentiment: Analysts and traders are viewing SpaceX’s possible move into telecom as a catalyst that could reshape the industry and potentially benefit Charter if it becomes a key network partner. Article: SpaceX Achieves Escape Velocity With Nasdaq Fast-Track
- Neutral Sentiment: Charter scheduled a webcast for its second-quarter 2026 financial and operating results on July 24, keeping attention on upcoming earnings and guidance. Article: Charter to Hold Webcast to Discuss Second Quarter 2026 Financial and Operating Results
Analyst Upgrades and Downgrades
A number of equities research analysts recently issued reports on CHTR shares. Weiss Ratings reissued a “sell (d+)” rating on shares of Charter Communications in a research report on Wednesday, June 24th. Sanford C. Bernstein reaffirmed a “market perform” rating and set a $210.00 price target on shares of Charter Communications in a research report on Tuesday, May 26th. Freedom Capital raised shares of Charter Communications to a “hold” rating in a research note on Friday, June 12th. UBS Group reiterated a “neutral” rating and issued a $235.00 price objective on shares of Charter Communications in a report on Thursday, June 25th. Finally, Citigroup cut their price objective on shares of Charter Communications from $230.00 to $190.00 and set a “buy” rating on the stock in a research report on Monday. Five analysts have rated the stock with a Buy rating, nine have issued a Hold rating and six have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Reduce” and a consensus price target of $276.00.
Charter Communications Stock Down 2.7%
The company has a debt-to-equity ratio of 4.56, a current ratio of 0.40 and a quick ratio of 0.40. The firm has a 50-day moving average of $152.06 and a 200 day moving average of $193.49. The stock has a market capitalization of $17.49 billion, a price-to-earnings ratio of 3.84, a PEG ratio of 0.25 and a beta of 0.71.
Charter Communications (NASDAQ:CHTR – Get Free Report) last posted its quarterly earnings results on Friday, April 24th. The company reported $9.17 earnings per share for the quarter, missing the consensus estimate of $10.01 by ($0.84). Charter Communications had a return on equity of 24.20% and a net margin of 9.03%.The company had revenue of $13.60 billion for the quarter, compared to analyst estimates of $13.56 billion. During the same period last year, the firm earned $8.42 EPS. The firm’s revenue for the quarter was down 1.0% compared to the same quarter last year. As a group, sell-side analysts forecast that Charter Communications, Inc. will post 43 earnings per share for the current fiscal year.
Insider Activity at Charter Communications
In other news, Director Wade Davis acquired 5,728 shares of the stock in a transaction dated Tuesday, April 28th. The shares were bought at an average cost of $173.72 per share, for a total transaction of $995,068.16. Following the purchase, the director directly owned 6,925 shares of the company’s stock, valued at approximately $1,203,011. This trade represents a 478.53% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Balan Nair bought 1,000 shares of the business’s stock in a transaction that occurred on Tuesday, April 28th. The stock was purchased at an average price of $175.46 per share, with a total value of $175,460.00. Following the completion of the purchase, the director directly owned 12,029 shares in the company, valued at $2,110,608.34. The trade was a 9.07% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders acquired 20,125 shares of company stock worth $3,167,116 over the last ninety days. Company insiders own 1.10% of the company’s stock.
Institutional Inflows and Outflows
Institutional investors have recently made changes to their positions in the business. AQR Capital Management LLC boosted its position in Charter Communications by 129.1% during the first quarter. AQR Capital Management LLC now owns 11,875 shares of the company’s stock worth $4,356,000 after purchasing an additional 6,691 shares during the period. Integrated Wealth Concepts LLC raised its position in shares of Charter Communications by 16.3% in the first quarter. Integrated Wealth Concepts LLC now owns 913 shares of the company’s stock valued at $336,000 after purchasing an additional 128 shares during the period. Jones Financial Companies Lllp raised its position in shares of Charter Communications by 48.1% in the first quarter. Jones Financial Companies Lllp now owns 1,339 shares of the company’s stock valued at $493,000 after purchasing an additional 435 shares during the period. Geneos Wealth Management Inc. lifted its stake in shares of Charter Communications by 141.0% during the 1st quarter. Geneos Wealth Management Inc. now owns 94 shares of the company’s stock worth $35,000 after buying an additional 55 shares during the last quarter. Finally, Acadian Asset Management LLC boosted its holdings in shares of Charter Communications by 451.1% during the 1st quarter. Acadian Asset Management LLC now owns 733 shares of the company’s stock worth $270,000 after buying an additional 600 shares during the period. 81.76% of the stock is owned by institutional investors and hedge funds.
Charter Communications Company Profile
Charter Communications, Inc is a U.S.-based telecommunications and mass media company that provides broadband communications and video services to residential and business customers. Operating primarily under the Spectrum brand, the company offers high-speed internet, cable television, digital voice (phone) and wireless services, as well as managed and enterprise networking solutions for commercial customers. Charter’s service portfolio targets both consumer and business markets with bundled and standalone offerings designed to meet streaming, connectivity and communications needs.
The company’s consumer-facing products include Spectrum Internet, Spectrum TV and Spectrum Voice, while Spectrum Mobile provides wireless service through arrangements with national wireless carriers.
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