SunTrust Banks, Inc. restated their hold rating on shares of DISH Network Corporation (NASDAQ:DISH) in a report published on Friday. They currently have a $60.00 price target on the stock. SunTrust Banks also issued estimates for DISH Network Corporation’s FY2017 earnings at $1.98 EPS.

Several other research analysts have also recently commented on the stock. Barclays PLC lowered their price target on shares of DISH Network Corporation from $74.00 to $71.00 and set an overweight rating for the company in a report on Friday. UBS AG lowered their price target on shares of DISH Network Corporation from $68.00 to $56.00 and set a neutral rating for the company in a report on Friday. Zacks Investment Research cut shares of DISH Network Corporation from a hold rating to a sell rating in a report on Friday. Pivotal Research upgraded shares of DISH Network Corporation from a hold rating to a buy rating and lowered their target price for the company from $68.00 to $65.00 in a report on Monday, November 6th. Finally, Moffett Nathanson restated a sell rating on shares of DISH Network Corporation in a report on Monday, October 16th. 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 stock. DISH Network Corporation presently has a consensus rating of Hold and a consensus target price of $65.39.

DISH Network Corporation (DISH) opened at $50.86 on Friday. 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 has a twelve month low of $46.07 and a twelve month high of $66.50. The company has a market cap of $23,683.15, a P/E ratio of 18.68, a price-to-earnings-growth ratio of 2.38 and a beta of 1.08.

DISH Network Corporation (NASDAQ:DISH) last posted its quarterly earnings results on Thursday, November 9th. The company reported $0.57 EPS for the quarter, missing the consensus estimate of $0.60 by ($0.03). DISH Network Corporation had a return on equity of 25.97% and a net margin of 7.22%. The firm had revenue of $3.58 billion for the quarter, compared to analyst estimates of $3.60 billion. During the same quarter last year, the firm earned $0.64 EPS. The company’s revenue was down 5.0% on a year-over-year basis. equities analysts forecast that DISH Network Corporation will post 2.06 earnings per share for the current fiscal year.

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In other DISH Network Corporation news, EVP Jeffrey L. Mcschooler sold 785 shares of the company’s stock in a transaction 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 completion of 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 legal filing with the SEC, which can be accessed through this link. In the last 90 days, insiders have sold 1,110 shares of company stock valued at $62,046. 49.30% of the stock is owned by insiders.

A number of institutional investors have recently made changes to their positions in the business. Vanguard Group Inc. raised its position in DISH Network Corporation by 2.9% during the 2nd quarter. Vanguard Group Inc. now owns 14,678,892 shares of the company’s stock worth $921,246,000 after buying an additional 409,704 shares during the last quarter. BlackRock Inc. raised its position in DISH Network Corporation by 1.9% during the 2nd quarter. BlackRock Inc. now owns 13,685,941 shares of the company’s stock worth $858,929,000 after buying an additional 259,139 shares during the last quarter. FMR LLC raised its position in DISH Network Corporation by 22.7% during the 2nd quarter. FMR LLC now owns 4,498,307 shares of the company’s stock worth $282,314,000 after buying an additional 831,768 shares during the last quarter. Paulson & CO. Inc. raised its position in DISH Network Corporation by 15.9% during the 2nd quarter. Paulson & CO. Inc. now owns 3,998,800 shares of the company’s stock worth $250,965,000 after buying an additional 548,700 shares during the last quarter. Finally, Gamco Investors INC. ET AL raised its position in DISH Network Corporation by 0.9% during the 3rd quarter. Gamco Investors INC. ET AL now owns 2,830,465 shares of the company’s stock worth $153,496,000 after buying an additional 25,695 shares during the last quarter. Institutional investors own 48.76% of the company’s stock.

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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