CHTR stock icon

Charter Communications
CHTR

$330.30
0.98%

Market Cap: 47.6B

 

About: Charter is the product of the 2016 merger of three cable companies, each with a decades-long history in the business: Legacy Charter, Time Warner Cable, and Bright House Networks. The firm now holds networks capable of providing television, internet access, and phone services to roughly 57 million US homes and businesses, around 40% of the country. Across this footprint, Charter serves 30 million residential and 2 million commercial customer accounts under the Spectrum brand, making it the second-largest US cable company behind Comcast. The firm also owns, in whole or in part, sports and news networks, including Spectrum SportsNet (long-term local rights to Los Angeles Lakers games), SportsNet LA (Los Angeles Dodgers), SportsNet New York (New York Mets), and Spectrum News NY1.

Employees: 101,100

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 20 analysts
0
News positive %
of 18 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

4.06% more ownership

Funds ownership: 66.25% [Q4 2023] → 70.31% (+4.06%) [Q1 2024]

11% less funds holding

Funds holding: 891 [Q4 2023] → 796 (-95) [Q1 2024]

19% less call options, than puts

Call options by funds: $971M | Put options by funds: $1.2B

22% less capital invested

Capital invested by funds: $38.1B [Q4 2023] → $29.5B (-$8.57B) [Q1 2024]

26% less repeat investments, than reductions

Existing positions increased: 239 | Existing positions reduced: 322

41% less funds holding in top 10

Funds holding in top 10: 27 [Q4 2023] → 16 (-11) [Q1 2024]

50% less first-time investments, than exits

New positions opened: 96 | Existing positions closed: 191

Research analyst outlook

20 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$250
24%
downside
Avg. target
$322
3%
downside
High target
$472
43%
upside

20 analyst ratings

positive
15%
14 neutral
70%
negative
15%
Citigroup
Michael Rollins
23%downside
$255
Sell
Downgraded
3 Jul 2024
Wells Fargo
Steven Cahall
21%downside
$260
Equal-Weight
Maintained
29 Apr 2024
Citigroup
Michael Rollins
15%downside
$280
Neutral
Maintained
29 Apr 2024
Loop Capital
Alan Gould
14%downside
$285
Hold
Maintained
29 Apr 2024
Rosenblatt
Barton Crockett
12%downside
$292
Neutral
Maintained
29 Apr 2024

Financial journalist opinion

Based on 18 articles about CHTR published over the past 30 days