EchoStar Corporation (SATS)

NASDAQ: SATS · Real-Time Price · USD
23.43
-0.80 (-3.30%)
At close: Nov 20, 2024, 4:00 PM
23.58
+0.15 (0.64%)
After-hours: Nov 20, 2024, 5:50 PM EST
-3.30%
Market Cap 6.70B
Revenue (ttm) 16.02B
Net Income (ttm) -2.48B
Shares Out 286.11M
EPS (ttm) -9.15
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 1,584,845
Open 24.11
Previous Close 24.23
Day's Range 22.99 - 24.32
52-Week Range 10.18 - 30.08
Beta 0.71
Analysts Hold
Price Target 19.25 (-17.84%)
Earnings Date Nov 12, 2024

About SATS

EchoStar Corporation, together with its subsidiaries, provides networking technologies and services worldwide. The company operates in four segments: Pay-TV, Retail Wireless, 5G Network Deployment, Broadband and Satellite Services. The Pay-TV segment offers a direct broadcast and fixed satellite services; designs, develops, and distributes receiver system; and provides digital broadcast operations, including satellite uplinking/downlinking, transmission and, other services to third-party pay-TV providers; and multichannel, live-linear and on-de... [Read more]

Sector Technology
IPO Date Dec 31, 2007
Employees 15,300
Stock Exchange NASDAQ
Ticker Symbol SATS
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 5 analysts, the average rating for SATS stock is "Hold." The 12-month stock price forecast is $19.25, which is a decrease of -17.84% from the latest price.

Price Target
$19.25
(-17.84% downside)
Analyst Consensus: Hold
Stock Forecasts

News

U.S. Army Selects EchoStar's Hughes to Deploy 5G Open RAN with RAN Intelligent Controller at Fort Bliss

$6.5M Contract Will Support Open RAN with a RAN Intelligent Controller (RIC) Experimentation for U.S. Department of Defense DENVER , Nov. 19, 2024 /PRNewswire/ -- EchoStar Corporation, (Nasdaq: SATS) ...

1 day ago - PRNewsWire

Hughesnet and National 4-H Donate 1,000 STEM Education Kits to Students Across America

Partnership builds on decade-long relationship with 4-H to inspire young people's interest in STEM through engaging, high quality educational content GERMANTOWN, Md. , Nov. 14, 2024 /PRNewswire/ -- Hu...

6 days ago - PRNewsWire

DirecTV scrapping DISH merger

Satellite TV provider DirecTV is walking away from its planned acquisition of EchoStar's video distribution service, Dish DBS, after Dish bondholders rejected a debt exchange.

Other symbols: T
7 days ago - Fox Business

DirecTV-Dish deal drama could impact 18 million customers

DirecTV has threatened to call off its deal to acquire Dish Network by November 22. Transcript: Conway Gittens: Inflation is the focus on this Wednesday.

Other symbols: T
7 days ago - The Street

DirecTV says Dish purchase is off

DirecTV's proposed acquisition of Dish assets is more than likely dead after a group of bondholders rejected a revised offer. The deal could possibly be salvaged if Dish Chairman Charlie Ergen comes t...

Other symbols: T
8 days ago - CNBC

DirecTV to drop Dish acquisition plan if EchoStar debt-exchange offer fails

Satellite TV provider DirecTV said on Tuesday it will abandon its planned acquisition of EchoStar's satellite television business that includes Dish TV by Nov. 22 if bondholders don't agree to a debt ...

Other symbols: T
8 days ago - Reuters

EchoStar Stock Plunges After Dish Network Debt Holders Spurn Bond Deal Seen As Key To DirecTV Merger

EchoStar stock plunged 13% Tuesday on the news that bondholders of subsidiary Dish Network rejected a proposed debt deal seen as key to sealing a merger with satellite rival DirecTV. Shares fell to $2...

8 days ago - Deadline

EchoStar Corporation (SATS) Q3 2024 Earnings Call Transcript

EchoStar Corporation (NASDAQ:SATS) Q3 2024 Earnings Conference Call November 12, 2024 11:00 AM ET Company Participants Dean Manson - Chief Legal Officer Hamid Akhavan - Chief Executive Officer & Pres...

8 days ago - Seeking Alpha

EchoStar Announces Financial Results for the Three and Nine Months Ended September 30, 2024

ENGLEWOOD, Colo. , Nov. 12, 2024 /PRNewswire/ -- EchoStar Corporation (NASDAQ: SATS) announced its financial results for the three and nine months ended September 30, 2024.

8 days ago - PRNewsWire

EchoStar Corporation Announces Successful Completion of Various Transformative Strategic Transactions Positioning its Business for the Further Enhancement of its Nationwide Open RAN 5G Network

Transactions highlight tremendous value of EchoStar's spectrum assets serving as the sturdy platform on which EchoStar will accelerate its deployment of a nationwide wireless service to vigorously com...

8 days ago - PRNewsWire

Dish bondholders reject debt-exchange offer for DirecTV deal, document shows

A group of EchoStar's Dish bondholders rejected a proposed debt-exchange offer from DirecTV that was contingent upon them accepting a "haircut" of $1.5 billion, a document viewed by Reuters on Monday ...

9 days ago - Reuters

Boost Mobile's Exclusive Summit 5G Device Combines Affordability with Performance on Boost Mobile's Blazing-Fast 5G Network

LITTLETON, Colo. , Nov. 11, 2024 /PRNewswire/ -- Boost Mobile  is launching its latest 5G smartphone, the Summit 5G, an exclusive Boost Mobile device offering customers lightning-fast 5G speeds, relia...

9 days ago - PRNewsWire

EchoStar Corporation Announces Conference Call for Third Quarter 2024 Financial Results

ENGLEWOOD, Colo. , Nov. 6, 2024 /PRNewswire/ -- EchoStar Corporation (NASDAQ: SATS) will host a conference call to discuss its third quarter 2024 financial results on Tuesday, November 12, 2024, at 11...

14 days ago - PRNewsWire

Gogo Galileo HDX Antenna Passes FAA-Mandated DO-160 Qualification Testing

BROOMFIELD, Colo. , Nov. 4, 2024 /PRNewswire/ -- Gogo Business Aviation (NASDAQ: GOGO) announced today that its Gogo Galileo HDX electronically steerable antenna (ESA), designed to provide access to L...

Other symbols: GOGO
16 days ago - PRNewsWire

Hughes Electronically Steerable Antenna (ESA) Successfully Completes Flight Test Using LEO

Hughes leading-edge technology is ready to transform IFEC for business jet market GERMANTOWN, Md. , Oct. 28, 2024 /PRNewswire/ -- Hughes Network Systems, LLC, an EchoStar company (Nasdaq: SATS), annou...

24 days ago - PRNewsWire

Hughes Named "MSSP of the Year" by CyberSecurity Breakthrough

Recognized as a leading managed security service provider GERMANTOWN, Md. , Oct. 15, 2024 /PRNewswire/ -- Hughes Network Systems , an EchoStar company (Nasdaq: SATS), announced it was named the 2024 M...

5 weeks ago - PRNewsWire

EchoStar Corporation Announces Exchange Offers and Consent Solicitations for 0% Convertible Senior Notes due 2025 and 3.375% Convertible Senior Notes due 2026 Issued by DISH Network Corporation

Launch of Exchange Offers Satisfies Key Milestone in Implementation of EchoStar's Balance Sheet Optimization Transactions and Increased Support from Existing Stakeholders Now Representing Over 90% of ...

5 weeks ago - PRNewsWire

EchoStar Mobile and Connected Partner to Deliver Reliable Off-Grid Connectivity

Partnership Enables Satellite Coverage Across Europe, Facilitating Personal Connectivity and Addressing the Digital Divide in Remote and Off-Grid Regions DUBLIN and COIMBRA, Portugal , Oct. 8, 2024 /P...

6 weeks ago - PRNewsWire

Dish sale funds EchoStar in near term to develop business: CEO

EchoStar (SATS) announced it will sell its video distribution business, including Dish and Sling, to DirecTV for a nominal price of $1 and more than $9.7 billion of associated debt on the business. Th...

7 weeks ago - Yahoo Finance

DirecTV CEO Says Dish Customers Will Get More Choices

DirecTV is buying Dish TV and Sling TV from EchoStar to create the biggest pay-TV provider in the US. DirecTV CEO Bill Morrow says the new company will now bundle services together and let the consume...

Other symbols: TTPG
7 weeks ago - Bloomberg Technology

DirecTV CEO on Dish and Sling TV acquisition from EchoStar

Bill Morrow, DirecTV CEO, joins 'Squawk on the Street' to discuss why DirecTV completed its recent deal with EchoStar, why the antitrust view of this deal has changed, and much more.

Other symbols: TTPG
7 weeks ago - CNBC Television

DirecTV agrees to acquire Dish, Sling

In a significant development within the satellite services sector, DirecTV has officially announced its decision to acquire Dish Network and it's streaming business Sling TV. This merger comes after n...

Other symbols: TTPG
7 weeks ago - Yahoo Finance

DirecTV is only paying one dollar for Dish in a major merger of shrinking pay-TV giants

DirecTV has today announced that it will acquire Dish for just $1.

Other symbols: T
7 weeks ago - Fast Company

What DirecTV, Dish Network merger means for current customers

DirecTV and Dish Network are merging in a $10 billion deal that would create the nation's largest pay-TV provider. Transcript: Conway Gittens: It was a skittish stock market Monday but for the Dow and...

Other symbols: TTPG
7 weeks ago - The Street

EchoStar's Dish sale marks disappointing end to Charlie Ergen's 'Seinfeld' strategy

EchoStar agreed to sell pay-TV provider Dish Network to DirecTV Monday for $1 in equity and $9.75 billion in associated debt. The transaction, if approved by regulators, ends Dish's decade-long quest ...

7 weeks ago - CNBC