Charter CommunicationsCHTR
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 35% of the country. Across this footprint, Charter serves 29 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: 94,500
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
34% more first-time investments, than exits
New positions opened: 107 | Existing positions closed: 80
6% more capital invested
Capital invested by funds: $33B [Q3] → $34.9B (+$1.9B) [Q4]
5% more funds holding in top 10
Funds holding in top 10: 20 [Q3] → 21 (+1) [Q4]
0.09% more ownership
Funds ownership: 71.47% [Q3] → 71.56% (+0.09%) [Q4]
0% less call options, than puts
Call options by funds: $843M | Put options by funds: $843M
1% less funds holding
Funds holding: 820 [Q3] → 815 (-5) [Q4]
7% less repeat investments, than reductions
Existing positions increased: 273 | Existing positions reduced: 293
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
5 analyst ratings
Barclays Kannan Venkateshwar 73% 1-year accuracy 19 / 26 met price target | 11%downside $320 | Underweight Maintained | 3 Feb 2025 |
RBC Capital Jonathan Atkin 70% 1-year accuracy 14 / 20 met price target | 7%upside $385 | Sector Perform Maintained | 3 Feb 2025 |
Benchmark Matthew Harrigan 68% 1-year accuracy 49 / 72 met price target | 25%upside $450 | Buy Reiterated | 31 Jan 2025 |
Keybanc Brandon Nispel 59% 1-year accuracy 10 / 17 met price target | 39%upside $500 | Overweight Upgraded | 12 Dec 2024 |
Exane BNP Paribas Kohulan Paramaguru 0% 1-year accuracy 0 / 1 met price target | 0%downside $360 | Neutral Upgraded | 26 Nov 2024 |
Financial journalist opinion
Based on 25 articles about CHTR published over the past 30 days
