How to Buy Charter Communications Stock
Charter Communications Inc
Charter Communications, Inc. operates as a broadband connectivity and cable operator company serving residential and commercial customers in the United States.
Charter Communications stock last closed at $259.91, up 0.73% from the previous day, and has decreased 24.3% in one year. It has underperformed other stocks in the Telecom Services industry by 0.03 percentage points. Charter Communications stock is currently +2.2% from its 52-week low of $254.31, and -43.29% from its 52-week high of $458.30.
There are currently 145.23M shares of CHTR outstanding. The market capitalization of CHTR is $37.75B. In the last 24 hours, 855,749 CHTR shares were traded.
How to Buy Charter Communications Stock
Wondering how to invest in Charter Communications stock? Here's how.
- Decide where to buy Charter Communications stock: You need to decide on a stock brokerage, but don't worry - we've analyzed dozens of online stock brokerages and apps to help you choose where to buy Charter Communications stock.
- Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Deposit money your investment account: Pick your method of payment and add your info.
- Evaluate Charter Communications stock: The Charter Communications ticker symbol is CHTR. Is Charter Communications stock a good investment? Should you buy shares of CHTR? How do CHTR's underlying business fundamentals look? Do top analysts think Charter Communications is a good buy? Why has CHTR's stock price moved recently? (Hint: Our stock market research tools can help you evaluate if CHTR is a good stock to buy).
- Place your CHTR buy order: Decide if you will purchase CHTR shares at the current market price or use a limit order to purchase CHTR shares at a particular price.
- Keep an eye on your CHTR position: Create a watchlist to important updates regarding your investment in Charter Communications stock.
Step 1: Decide where to buy Charter Communications stock
You will need a brokerage account to access the NASDAQ market and buy CHTR stock.
Our recommended brokerage: eToro
Based on our experience, eToro is the best brokerage. eToro gives you:
- Invest in stocks with 0% commissions: Invest without paying trading commissions.
- Buy fractional shares: Even if you don't have the money to buy a full share, you can still purchase the stock.
- Access to global financial markets: From Technology to Healthcare, New York to Tokyo — you can fill your portfolio with stocks from the globe's top stock exchanges.
- Social investing: eToro boasts a community with more than 20 million users around the world. Talk to, learn from, and copy the crypto trades of top investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other financial assets: Such as ETFs and cryptos.
Get $10 towards your purchase of shares by opening an account with eToro today.
Open eToro AccountStep 2: Open a brokerage account
Now that you've selected the best brokerage, you'll need to fill out some personal info so you can buy CHTR stock today.
How to Open a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal details to start a new trading account.
- Send your information by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit money your investment account
Now that you have opened your account on the best investment app, you can securely and quickly fund your account:
Watch the video below if you need help depositing money into your new brokerage account.
Step 4: Evaluate Charter Communications stock
Once you have identified the best place to buy Charter Communications stock, it's absolutely critical to evaluate their stock before you buy, so you truly understand the risk and opportunity.
Charter Communications stock at a glance
CHTR Overview
WallStreetZen was designed to help part-time investors perform more in-depth fundamental analysis quickly.
You can see all of the due diligence checks on CHTR's stock page.
How is CHTR stock valued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge CHTR's true value.
Using relative valuations methods:
- CHTR could be undervalued based on its P/E ratio of 8.51x, relative to Telecom Services industry P/E ratio of 105.84x
- CHTR may be overvalued based on its P/B ratio of 3.4x, relative to Telecom Services industry P/B ratio of 1.55x
- CHTR may be undervalued based on its PEG ratio of 0.31x
You can do more valuation analysis on CHTR's stock here.
A look at CHTR Cashflows and Balance Sheet
Negative Financial Indicators:
- There are more long-term liabilities than short-term assets on the CHTR balance sheet.
- CHTR profit margin has gone down from 9.4% to 8.3% in the past year.
- CHTR's operating cash flow of $14.43B allows it to safely service it's debt of $97.78B.
- There are more short-term liabilities than short-term assets on the CHTR balance sheet.
- Total CHTR debt is higher than 5 years ago, relative to shareholder equity.
- CHTR earnings of $11.34B is not enough to cover its interest payments.
- CHTR has a relatively high debt to equity ratio of 11.95.
Do analysts think it's a good time to buy Charter Communications stock
Out of 12 sell side analysts who give ratings on CHTR, the consensus analyst rating on CHTR is a Hold
Please note that analyst ratings are not recommendations, nor are they financial advice.
Latest CHTR Analyst Recommendations
Sebastiano Petti, a bottom 18% analyst from JP Morgan maintains CHTR with a hold rating and lowers their CHTR price target from $370.00 to $335.00, on Apr 1, 2024.
John Hodulik, a bottom 19% analyst from UBS maintains CHTR with a hold rating and lowers their CHTR price target from $360.00 to $325.00, on Mar 28, 2024.
Laurent Yoon, a bottom 44% analyst from Bernstein upgrades CHTR to a buy rating and announces their CHTR price target of $370.00, on Mar 18, 2024.
Matthew Harrigan, a bottom 1% analyst from Benchmark maintains CHTR with a strong buy rating and lowers their CHTR price target from $490.00 to $440.00, on Feb 5, 2024.
Michael Rollins, a top 32% analyst from Citigroup maintains CHTR with a hold rating and lowers their CHTR price target from $480.00 to $425.00, on Nov 1, 2023.
You can dive deeper into what analysts are projecting on the Charter Communications stock forecast page.
CHTR Technicals
How are CHTR Revenues/Earnings doing?
Last year, CHTR earnings were $4.56B. In the past 5 year, CHTR's earnings have increased by 42% per year. This was faster than the Telecom Services industry average of 7.85%.
Last year, CHTR revenue was $54.61B. Over the last 5 year, CHTR's revenue has grown by 4.59% per year. This was faster than the Telecom Services industry average of 3.38%.
Dive into CHTR's earnings and revenue performance here.
Are CHTR executives and large shareholders buying or selling the stock?
In the last 12 months, insiders at CHTR have sold more shares than they have bought.
Craig A. Jacobson, Director of CHTR, was the latest CHTR insider to sell. They sold $265,517.73 worth of CHTR stock on Feb 28, 2024.
Learn more about who owns CHTR stock here.
Does CHTR provide a stable income stream?
No, Charter Communications doesn't provide an income stream by paying out dividends.
What others are saying about CHTR
One of the major reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to see what other traders have to say.
Step 5: Place your CHTR buy order
You have two primary options:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are generally sufficient. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at an exact price limit, place a limit order.
Press the Open Trade button and your broker will execute the order.
If you require more assistance buying stocks on eToro, watch the how to video below:
Step 6: Keep an eye on your CHTR position
Now that you own some CHTR shares, you'll want to stay up-to-date on your new company.
Make a watchlist to track your CHTR stock.
CHTR Feed
How to Buy Stock in Charter Communications
To reiterate, here are the 6 steps to buy stock in Charter Communications:
- Decide where to buy Charter Communications stock
- Open a brokerage account
- Deposit money your investment account
- Evaluate Charter Communications stock
- Place your CHTR buy order
- Keep an eye on your CHTR position
If you require a brokerage account, eToro is our favorite venue.
Get Started with eToro TodayIf you want to get notifications regarding your investment in Charter Communications, add CHTR to your watchlist below.
Other "How To" Guides You Might Find Useful
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp GuidesContactTwitterYouTubeNewsletterInformation is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.