Charter Communications, Inc. operates as a broadband connectivity and cable operator company serving residential and commercial customers in the United States. The company provides Internet services, such as security suite that protects computers from viruses and spyware; 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. It also offers voice communications services using voice over Internet protocol technology; and broadband communications solutions, such as Internet access, data networking, fiber connectivity, video entertainment, and business telephone services to cellular towers and office buildings for business and carrier organizations. In addition, the company provides mobile services; offers video programming, static IP and business WiFi, email and security, and multi-line telephone services, as well as Web-based service management; sells local advertising across various platforms for networks, such as MTV, CNN, and ESPN; sells advertising inventory to local sports and news channels; and offers Audience App for optimizes linear inventory. Further, it offers communications products and managed service solutions; data connectivity services to mobile and wireline carriers on a wholesale basis; and owns and operates regional sports and news networks. The company serves approximately 31 million customers in 41 states. Charter Communications, Inc. was founded in 1993 and is headquartered in Stamford, Connecticut.
IPO Year:
Exchange: NASDAQ
Website: corporate.charter.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
9/30/2024 | $300.00 | Peer Perform → Underperform | Wolfe Research |
9/19/2024 | $345.00 | Sector Perform | RBC Capital Mkts |
9/11/2024 | $350.00 | Sell → Neutral | Citigroup |
7/31/2024 | Outperform → Peer Perform | Wolfe Research | |
7/29/2024 | Mkt Perform → Underperform | Raymond James | |
7/3/2024 | $280.00 → $255.00 | Neutral → Sell | Citigroup |
7/1/2024 | $250.00 | Sell | Goldman |
4/29/2024 | $450.00 → $400.00 | Buy | Pivotal Research Group |
3/18/2024 | $370.00 | Mkt Perform → Outperform | Bernstein |
2/20/2024 | Buy → Neutral | Rosenblatt |
New Multi-Year Partnership Includes Continued Carriage of NBCUniversal's Broadcast and Cable Networks and Peacock Premium for Spectrum Video Customers at No Additional Cost NEW YORK and STAMFORD, Conn., Oct. 2, 2024 /PRNewswire/ -- NBCUniversal and Charter Communications, Inc. (NASDAQ:CHTR) today announced a holistic content distribution agreement that further transforms the rapidly shifting video landscape by adding NBCUniversal's Peacock, NBCUniversal's streaming service, for Spectrum TV Select video customers. Through this mutually beneficial multi-year deal, Charter will continue its carriage of NBCUniversal's full portfolio of broadcast, entertainment, Hispanic, news and sports networks
STAMFORD, Conn., Oct. 1, 2024 /PRNewswire/ -- Charter Communications, Inc. (NASDAQ:CHTR) (the "Company" or "Charter") will host a webcast on Friday, November 1, 2024 at 8:30 a.m. Eastern Time (ET) to discuss financial and operating results for the quarter ended September 30, 2024. A press release reporting such results will be issued at 7:00 a.m. ET on November 1. The webcast can be accessed live via the Company's investor relations website at ir.charter.com. The webcast will be archived at ir.charter.com approximately two hours after completion of the webcast. About Charter C
Embedded AI/ML Capabilities to Improve Performance and Reliability, Create Economies of Scale and Chart a Path to 25Gbps Future Over Existing Network Infrastructure PALO ALTO, Calif. and STAMFORD, Conn. and PHILADELPHIA, Sept. 25, 2024 /PRNewswire/ -- Broadcom Inc., Charter Communications, and Comcast today announced a joint development of Unified DOCSIS chipsets for network nodes, smart amps, and cable modems, enabling both FDX and ESD versions of the DOCSIS 4.0 specification, and setting the stage to deliver upwards of 25 Gbps speeds over existing networks. This specification brings together all the benefits of both DOCSIS ESD and DOCSIS FDX and includes support for both mid-split and high
Liberty Broadband Corporation ("Liberty Broadband") (NASDAQ:LBRDA, LBRDK, LBRDP))) announced today that it communicated a counterproposal to the Special Committee of the Board of Directors of Charter Communications, Inc. ("Charter") (the Special Committee referred to as "Charter Special Committee") in response to an initial merger proposal sent by the Charter Special Committee. In its counterproposal, Liberty Broadband outlined the terms of a proposed combination of Liberty Broadband with Charter in an all-stock transaction intended to be tax-free whereby holders of each series of Liberty Broadband common stock would receive 0.2900 of a share of Charter Class A common stock (NASDAQ:CHTR) in
Spectrum Reach Becomes a Local Reseller for Amazon Ads; Now Small and Medium-Sized Businesses Can Reach Virtually Every Household in Region NEW YORK, Sept. 18, 2024 /PRNewswire/ -- Spectrum Reach, the advertising sales business of Charter Communications, Inc., the number one TV provider in the nation¹, today announced a multi-year collaboration with Amazon Ads, making Spectrum Reach a Local Reseller for Amazon Ads advertising inventory. Spectrum Reach will bring together its streaming and traditional (i.e., linear) TV inventory, data and overall scale alongside Amazon Ads offerings to offer local small and medium-sized business advertisers the ability to reach nearly every household in their
Customer-First Commitment Promises Bill Credits if Service is Disrupted and Guaranteed Pricing for Up to Three Years with No Annual Contracts Unveils New Spectrum Brand Platform 'Life Unlimited' STAMFORD, Conn., Sept. 16, 2024 /PRNewswire/ -- Spectrum today made a series of announcements building on the Company's customer-first philosophy, backed by money-back guarantees. They include a first-of-its-kind Customer Commitment that provides performance and service benchmarks to Spectrum customers and a new and simplified pricing strategy that enables customers to choose bundles with price guarantees, including a 500 Mbps Spectrum Internet plan starting at $30 per month when bundled with two li
Partnership Between Two of the Largest Media and Distribution Companies Combines Linear Video and Direct-to-Consumer Streaming Services for Maximum Customer Value NEW YORK and STAMFORD, Conn., Sept. 12, 2024 /PRNewswire/ -- Warner Bros. Discovery Inc. (NASDAQ:WBD) and Charter Communications, Inc. (NASDAQ:CHTR) today announced a groundbreaking, multi-year distribution partnership that re-imagines the future of video by fully integrating linear video and streaming services. With this early renewal, the agreement further evolves the video ecosystem with more value and flexibility in video bundles, deeper libraries and more choice to better align with customers' current viewing preferences.
Ad-Supported AMC+ will be Included in All Spectrum TV Select Packages at No Additional Cost to Customers Charter to Make AMC+ Available for Purchase by Internet-Only Customers NEW YORK and STAMFORD, Conn., Sept. 4, 2024 /PRNewswire/ -- AMC Networks (NASDAQ:AMCX) and Charter Communications, Inc. (NASDAQ:CHTR) today announced they have agreed to an early renewal of their distribution agreement that will allow Charter to carry AMC Networks' portfolio of linear cable networks for multiple years to come. Continuing Charter's industry-leading strategy of including programmer streaming apps in the cable bundle to enhance the value proposition, the ad-supported version of AMC Networks' direct-to
Ad-Supported Streaming Home to Live Sports on CBS and Top-Rated Original Shows "Tulsa King" and "SpongeBob SquarePants" Now Included for Spectrum Video Customers at No Extra Cost STAMFORD, Conn. and NEW YORK, Aug. 22, 2024 /PRNewswire/ -- Charter Communications, Inc. (NASDAQ:CHTR) and Paramount Global (NASDAQ:PARA, PARAA))) today announced that the ad-supported version of Paramount's direct-to-consumer streaming service, Paramount+ Essential, is now available in all Spectrum TV Select and Mi Plan Latino packages nationwide at no additional cost. As part of the companies' new multi-year distribution agreement, Spectrum video customers can immediately begin streaming over 40,000 episodes of s
STAMFORD, Conn., Aug. 16, 2024 /PRNewswire/ -- Charter Communications, Inc. (NASDAQ:CHTR) (along with its subsidiaries, "Charter") today announced that Christopher Winfrey, President and Chief Executive Officer, will participate in the Goldman Sachs Communacopia + Technology Conference in San Francisco, California on Wednesday, September 11, 2024. Mr. Winfrey's remarks are scheduled to begin at 9:30 a.m. PT (12:30 p.m. ET). A live webcast of the event can be accessed on Charter's investor relations website, ir.charter.com. Following the live broadcast, the webcast will be arch
Wolfe Research downgraded Charter Comm from Peer Perform to Underperform and set a new price target of $300.00
RBC Capital Mkts initiated coverage of Charter Comm with a rating of Sector Perform and set a new price target of $345.00
Citigroup upgraded Charter Comm from Sell to Neutral and set a new price target of $350.00
Wolfe Research downgraded Charter Comm from Outperform to Peer Perform
Raymond James downgraded Charter Comm from Mkt Perform to Underperform
Citigroup downgraded Charter Comm from Neutral to Sell and set a new price target of $255.00 from $280.00 previously
Goldman initiated coverage of Charter Comm with a rating of Sell and set a new price target of $250.00
Pivotal Research Group reiterated coverage of Charter Comm with a rating of Buy and set a new price target of $400.00 from $450.00 previously
Bernstein upgraded Charter Comm from Mkt Perform to Outperform and set a new price target of $370.00
Rosenblatt downgraded Charter Comm from Buy to Neutral
STAMFORD, Conn., July 26, 2024 /PRNewswire/ -- Charter Communications, Inc. (along with its subsidiaries, the "Company" or "Charter") today reported financial and operating results for the three and six months ended June 30, 2024. Second quarter total residential and small and medium business ("SMB") Internet customers decreased by 149,000. As of June 30, 2024, Charter served a total of 30.4 million residential and SMB Internet customers.Second quarter total residential and SMB mobile lines increased by 557,000. As of June 30, 2024, Charter served a total of 8.8 million mobile
STAMFORD, Conn., April 26, 2024 /PRNewswire/ -- Charter Communications, Inc. (along with its subsidiaries, the "Company" or "Charter") today reported financial and operating results for the three months ended March 31, 2024. First quarter total residential and small and medium business ("SMB") Internet customers decreased by 72,000. As of March 31, 2024, Charter served a total of 30.5 million residential and SMB Internet customers.First quarter total residential and SMB mobile lines increased by 486,000. As of March 31, 2024, Charter served a total of 8.3 million mobile lines.
STAMFORD, Conn., Feb. 2, 2024 /PRNewswire/ -- Charter Communications, Inc. (along with its subsidiaries, the "Company" or "Charter") today reported financial and operating results for the three and twelve months ended December 31, 2023. Fourth quarter total residential and small and medium business ("SMB") Internet customers decreased by 61,000. As of December 31, 2023, Charter served a total of 30.6 million residential and SMB Internet customers, with 155,000 total Internet customers added in 2023.Fourth quarter total residential and SMB mobile lines increased by 546,000. As
STAMFORD, Conn., July 28, 2023 /PRNewswire/ -- Charter Communications, Inc. (along with its subsidiaries, the "Company" or "Charter") today reported financial and operating results for the three and six months ended June 30, 2023. Second quarter total residential and small and medium business ("SMB") Internet customers increased by 77,000. As of June 30, 2023, Charter served a total of 30.6 million residential and SMB Internet customers.Second quarter total residential and SMB mobile lines increased by 648,000. As of June 30, 2023, Charter served a total of 6.6 million mobile
STAMFORD, Conn., April 28, 2023 /PRNewswire/ -- Charter Communications, Inc. (along with its subsidiaries, the "Company" or "Charter") today reported financial and operating results for the three months ended March 31, 2023. First quarter total residential and small and medium business ("SMB") Internet customers increased by 76,000. As of March 31, 2023, Charter served a total of 30.5 million residential and SMB Internet customers.First quarter total residential and SMB mobile lines increased by 686,000. As of March 31, 2023, Charter served a total of 6.0 million mobile lines.
STAMFORD, Conn., Jan. 27, 2023 /PRNewswire/ -- Charter Communications, Inc. (along with its subsidiaries, the "Company" or "Charter") today reported financial and operating results for the three and twelve months ended December 31, 2022. Fourth quarter total residential and small and medium business ("SMB") Internet customers increased by 105,000. As of December 31, 2022, Charter served a total of 30.4 million residential and SMB Internet customers, with 344,000 total Internet customers added in 2022.Fourth quarter total residential and SMB mobile lines increased by 615,000. A
STAMFORD, Conn., Oct. 28, 2022 /PRNewswire/ -- Charter Communications, Inc. (along with its subsidiaries, the "Company" or "Charter") today reported financial and operating results for the three and nine months ended September 30, 2022. Third quarter total residential and small and medium business ("SMB") Internet customers increased by 75,000. As of September 30, 2022, Charter served a total of 30.3 million residential and SMB Internet customers.Third quarter total residential and SMB mobile lines increased by 396,000. As of September 30, 2022, Charter served a total of 4.7 m
STAMFORD, Conn., July 29, 2022 /PRNewswire/ -- Charter Communications, Inc. (along with its subsidiaries, the "Company" or "Charter") today reported financial and operating results for the three and six months ended June 30, 2022. Second quarter total residential and small and medium business ("SMB") mobile lines increased by 344,000. As of June 30, 2022, Charter served a total of 4.3 million mobile lines.Second quarter total residential and SMB Internet customers increased by 38,000 when excluding 59,000 customer disconnects related to the discontinuation of the Emergency Bro
Goodman Draws Upon Over 25 Years of Successful Leadership in Some of the Most Impactful Brands in Financial Services and Technology Industries; Will Oversee Global Growth Amidst Increased Market Demand NEW YORK, June 9, 2022 /PRNewswire/ -- Smarsh, the global leader in digital communications compliance and intelligence, announced today that its board of directors has appointed Kim Crawford Goodman as the company's new chief executive officer. Goodman, a recognized financial services and technology industry leader with more than 25 years of experience, will succeed Brian Cramer and lead the company into its next stage of global growth. Cramer will join the Smarsh board of directors.
STAMFORD, Conn., April 29, 2022 /PRNewswire/ -- Charter Communications, Inc. (along with its subsidiaries, the "Company" or "Charter") today reported financial and operating results for the three months ended March 31, 2022. Key highlights: First quarter total residential and small and medium business ("SMB") customer relationships increased by 129,000. As of March 31, 2022, Charter served a total of 32.2 million residential and SMB customers. First quarter total residential and SMB Internet customers increased by 185,000. As of March 31, 2022, Charter served a total of 30.3 m
New Multi-Year Partnership Includes Continued Carriage of NBCUniversal's Broadcast and Cable Networks and Peacock Premium for Spectrum Video Customers at No Additional Cost NEW YORK and STAMFORD, Conn., Oct. 2, 2024 /PRNewswire/ -- NBCUniversal and Charter Communications, Inc. (NASDAQ:CHTR) today announced a holistic content distribution agreement that further transforms the rapidly shifting video landscape by adding NBCUniversal's Peacock, NBCUniversal's streaming service, for Spectrum TV Select video customers. Through this mutually beneficial multi-year deal, Charter will continue its carriage of NBCUniversal's full portfolio of broadcast, entertainment, Hispanic, news and sports networks
Rick Dykhouse to Continue to Serve as Executive Vice President, General Counsel and Corporate Secretary until a Successor is Appointed STAMFORD, Conn., March 20, 2023 /PRNewswire/ -- Charter Communications, Inc. (NASDAQ:CHTR) today announced that Rick Dykhouse plans to retire as Executive Vice President, General Counsel and Corporate Secretary after 17 years with Charter. Mr. Dykhouse will continue to serve as Charter's General Counsel through the Company's search for his successor. Following that appointment, Mr. Dykhouse will remain as Executive Counsel to support the transition reporting to Chris Winfrey, President and Chief Executive Officer.
Tom Rutledge to Serve as Executive Chairman of the Company and its Board of Directors through 2023 STAMFORD, Conn., Sept. 21, 2022 /PRNewswire/ -- Charter Communications, Inc. (NASDAQ:CHTR) ("Charter" or "Charter Communications") today announced that Chris Winfrey has been named President and Chief Executive Officer of Charter Communications, effective December 1, 2022. Mr. Winfrey has most recently served as Charter's Chief Operating Officer after more than a decade as Charter's Chief Financial Officer. As CEO, Mr. Winfrey will report to Charter's Board of Directors. Tom Rut
STAMFORD, Conn., Jan. 20, 2022 /PRNewswire/ -- Charter Communications, Inc. (NASDAQ:CHTR) today announced that Tom Adams, Executive Vice President of Field Operations and Jon Hargis, Executive Vice President, Chief Marketing Officer will transition to advisory roles in April and retire later this year. "Jon and Tom have been instrumental to the growth and success of Charter and the embodiment of leadership in the development of their teams," said Tom Rutledge, Charter Chairman and CEO. "Jon is a legend in cable marketing and his no-nonsense attitude, competitive instinct and s
STAMFORD, Conn., Oct. 19, 2021 /PRNewswire/ -- Charter Communications, Inc (NASDAQ:CHTR) today announced a series of executive promotions and appointments to its leadership team with the news that veteran cable executive John Bickham was named Vice Chairman ahead of his previously announced retirement at the end of 2022. Charter's Chief Financial Officer, Chris Winfrey, was elevated to Chief Operating Officer; while Jessica Fischer, EVP, Finance will succeed Winfrey as CFO. Additionally, Chief Product & Technology Officer Rich DiGeronimo will add oversight for Charter's Network Operations to his existing responsibilities. The appointments are effective immediately with Mr. Bickham, Mr. Win
RESTON, Va., Jan. 7, 2021 /PRNewswire/ -- Comscore, Inc. (Nasdaq: SCOR) ("Comscore" or the "Company"), a trusted partner for planning, transacting and evaluating media across platforms, today announced investments from Charter Communications, Inc. (together with its affiliates, "Charter"), Qurate Retail, Inc. ("Qurate") and an affiliate of Cerberus Capital Management, L.P. ("Cerberus"). Specifically, Charter, Qurate and Cerberus each will make a cash investment in exchange for shares of convertible preferred stock (the "Investment," as more fully described below). Proceeds from the Investment will be used to retire the Company's existing debt and significantly improve the Company's financ
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Citigroup analyst Michael Rollins downgraded Charter Communications Inc (NASDAQ:CHTR) from Neutral to Sell and lowered the price target from $280 to $255. The stock fell on Wednesday. The analyst noted that Charter faces risks to both estimates and valuation as the organic broadband environment becomes tougher relative to consensus expectations. Also Read: Verizon, AT&T, And T-Mobile Set For Gains, Goldman Sachs Cites AI and Data Center Demand The discontinuation of the Affordable Connectivity Program (ACP) is likely to exacerbate broadband subscriber and revenue headwinds over the next 12 months, and consensus 2025 EBITDA expectations seem too optimistic, as per Rollins. The red
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Citigroup analyst Michael Rollins downgrades Charter Communications (NASDAQ:CHTR) from Neutral to Sell and lowers the price target from $280 to $255.
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