EchoStar Corporation (SATS)

NASDAQ: SATS · Real-Time Price · USD
22.75
+0.14 (0.62%)
Dec 20, 2024, 4:00 PM EST - Market closed
0.62%
Market Cap 6.51B
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 3,583,740
Open 22.37
Previous Close 22.61
Day's Range 22.32 - 23.14
52-Week Range 11.83 - 30.08
Beta 0.69
Analysts Hold
Price Target 19.25 (-15.38%)
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 -15.38% from the latest price.

Price Target
$19.25
(-15.38% downside)
Analyst Consensus: Hold
Stock Forecasts

News

20 stocks likely to lag the S&P 500 over the next year — for this one reason

Difficult-to-short stocks often trade at artificially inflated, unsustainable prices.

17 days ago - Market Watch

Boost Mobile and Wind River Collaborate on Largest CaaS Vendor Changeover on an Open RAN Network

LITTLETON, Colo. & ALAMEDA, Calif.--(BUSINESS WIRE)-- #5G--Wind River® will now provide core-to-edge cloud infrastructure for the Boost Mobile network. As the largest Open RAN (O-RAN) deployment in th...

18 days ago - Business Wire

DirecTV calls off acquisition of satellite TV rival Dish — as lenders revolt

Satellite TV giant DirecTV called off its deal with Charlie Ergen's EchoStar to acquire rival Dish TV and other assets. The deal would have created one of the largest pay TV distributors in the countr...

Other symbols: T
4 weeks ago - New York Post

DirecTV Abandons Dish Acquisition After Bondholders Reject Proposal

DirecTV has terminated its deal with EchoStar to acquire Dish DBS following bondholders' opposition to the debt-exchange proposal. The merger would have created the largest U.S. pay-TV provider, with ...

Other symbols: T
4 weeks ago - Deadline

DirecTV and Dish Satellite Merger Crashes, Again

A tie-up meant to help struggling satellite-TV companies is falling apart after creditors balked at a proposal to cut into their holdings.

Other symbols: T
4 weeks ago - WSJ

DirecTV to terminate Dish deal over debt swap exchange, Axios reports

DirecTV will terminate its planned acquisition of Dish TV after bondholders rejected a debt swap that the deal relied on, Axios reported on Thursday, citing a person familiar with the matter.

Other symbols: T
4 weeks ago - Reuters

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) ...

4 weeks 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...

5 weeks 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
5 weeks 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
5 weeks 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
5 weeks 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
5 weeks 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...

5 weeks 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...

5 weeks 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.

5 weeks 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...

5 weeks 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 ...

5 weeks 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...

5 weeks 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...

6 weeks 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
6 weeks 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...

7 weeks 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...

2 months 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 ...

2 months 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...

2 months 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...

2 months ago - Yahoo Finance