DISH Network Corporation (NASDAQ:DISH)‘s stock had its “sector perform” rating reiterated by research analysts at Royal Bank Of Canada in a research note issued on Wednesday, Marketbeat reports. They currently have a $54.00 price target on the stock, down from their previous price target of $56.00. Royal Bank Of Canada’s price target would indicate a potential upside of 7.08% from the stock’s previous close.

DISH has been the topic of several other reports. Deutsche Bank AG reaffirmed a “buy” rating and issued a $99.00 price objective on shares of DISH Network Corporation in a research report on Thursday, October 5th. Barclays PLC cut their price target on shares of DISH Network Corporation from $74.00 to $71.00 and set an “overweight” rating on the stock in a research report on Friday, November 10th. Zacks Investment Research raised shares of DISH Network Corporation from a “sell” rating to a “hold” rating in a research report on Friday, October 27th. BidaskClub cut shares of DISH Network Corporation from a “hold” rating to a “sell” rating in a research report on Monday, July 31st. Finally, Jefferies Group LLC reissued a “buy” rating and set a $80.00 price target on shares of DISH Network Corporation in a research report on Monday, September 25th. Five research analysts have rated the stock with a sell rating, nine have given a hold rating and eight have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $65.29.

Shares of DISH Network Corporation (NASDAQ:DISH) traded up $0.39 during midday trading on Wednesday, hitting $50.43. 1,765,874 shares of the stock were exchanged, compared to its average volume of 2,690,094. The company has a market capitalization of $23,322.51, a PE ratio of 18.39, a price-to-earnings-growth ratio of 2.39 and a beta of 1.08. DISH Network Corporation has a 52 week low of $46.07 and a 52 week high of $66.50. The company has a current ratio of 0.63, a quick ratio of 0.57 and a debt-to-equity ratio of 2.72.

DISH Network Corporation (NASDAQ:DISH) last posted its quarterly earnings data on Thursday, November 9th. The company reported $0.57 EPS for the quarter, missing the consensus estimate of $0.60 by ($0.03). The company had revenue of $3.58 billion during the quarter, compared to the consensus estimate of $3.60 billion. DISH Network Corporation had a net margin of 7.22% and a return on equity of 25.97%. The company’s revenue was down 5.0% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.64 earnings per share. analysts forecast that DISH Network Corporation will post 2.03 EPS for the current fiscal year.

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In other DISH Network Corporation news, EVP Jeffrey L. Mcschooler sold 785 shares of the stock in a transaction that occurred on Monday, August 28th. The shares were sold at an average price of $56.61, for a total transaction of $44,438.85. Following the transaction, the executive vice president now owns 165 shares in the company, valued at approximately $9,340.65. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. In the last 90 days, insiders have sold 1,110 shares of company stock worth $62,046. Company insiders own 49.30% of the company’s stock.

Institutional investors have recently modified their holdings of the company. Sun Life Financial INC lifted its holdings in shares of DISH Network Corporation by 20,725.0% during the 2nd quarter. Sun Life Financial INC now owns 1,666 shares of the company’s stock worth $105,000 after acquiring an additional 1,658 shares during the period. Rockefeller Financial Services Inc. bought a new position in DISH Network Corporation in the 3rd quarter valued at approximately $140,000. Quantbot Technologies LP bought a new position in DISH Network Corporation in the 3rd quarter valued at approximately $154,000. Paradigm Asset Management Co. LLC lifted its stake in DISH Network Corporation by 4.2% in the 2nd quarter. Paradigm Asset Management Co. LLC now owns 2,500 shares of the company’s stock valued at $157,000 after purchasing an additional 100 shares during the last quarter. Finally, Huntington National Bank lifted its stake in DISH Network Corporation by 12.1% in the 2nd quarter. Huntington National Bank now owns 2,600 shares of the company’s stock valued at $163,000 after purchasing an additional 281 shares during the last quarter. 48.26% of the stock is owned by institutional investors.

DISH Network Corporation Company Profile

DISH Network Corporation is a holding company. The Company operates through two segments: Pay-TV and Broadband, and Wireless. It offers pay-TV services under the DISH brand and the Sling brand (collectively Pay-TV services). The DISH branded pay-TV service consists of Federal Communications Commission (FCC) licenses authorizing it to use direct broadcast satellite and Fixed Satellite Service spectrum, its owned and leased satellites, receiver systems, third-party broadcast operations, customer service facilities, a leased fiber optic network, in-home service and call center operations, and certain other assets utilized in its operations.

Analyst Recommendations for DISH Network Corporation (NASDAQ:DISH)

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