According to Zacks, analysts expect that Liberty Broadband Corporation will report full year earnings of $0.66 per share for the current fiscal year. For the next financial year, analysts forecast that the business will report earnings of $1.50 per share. Zacks’ EPS calculations are a mean average based on a survey of sell-side research firms that follow Liberty Broadband Corporation. Equities research analysts forecast that Liberty Broadband Corporation (NASDAQ:LBRDK) will report earnings of $0.15 per share for the current quarter, according to Zacks Investment Research. Zero analysts have provided estimates for Liberty Broadband Corporation’s earnings. The business is scheduled to announce its next earnings results on Wednesday, August 2nd.
LBRDK has been the topic of several research reports. Zacks Investment Research lowered shares of Liberty Broadband Corporation from a “hold” rating to a “sell” rating in a research report on Tuesday, May 30th. TheStreet raised shares of Liberty Broadband Corporation from a “c+” rating to a “b-” rating in a research report on Tuesday, March 14th. In other news, Director John C. Malone sold 23,000 shares of the business’s stock in a transaction that occurred on Monday, June 12th. The shares were sold at an average price of $87.75, for a total value of $2,018,250.00.
Following the sale, the director now owns 3,805,554 shares of the company’s stock, valued at $333,937,363.50. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Insiders own 10.80% of the company’s stock. Several hedge funds have recently bought and sold shares of LBRDK. Toronto Dominion Bank raised its stake in Liberty Broadband Corporation by 26.2% in the first quarter. Toronto Dominion Bank now owns 1,171 shares of the company’s stock worth $101,000 after buying an additional 243 shares during the period. Oppenheimer Asset Management Inc.
purchased a new stake in Liberty Broadband Corporation during the first quarter worth $186,000. Capstone Asset Management Co. purchased a new stake in Liberty Broadband Corporation during the first quarter worth $205,000. Appleton Partners Inc. MA purchased a new stake in Liberty Broadband Corporation during the first quarter worth $215,000. Finally, Cohen Klingenstein LLC purchased a new stake in Liberty Broadband Corporation during the first quarter worth $222,000.
63.70% of the stock is currently owned by institutional investors. Liberty Broadband Corporation (NASDAQ LBRDK) traded down 0.55% on Tuesday, reaching $85.50.
244,159 shares of the company’s stock traded hands. Liberty Broadband Corporation has a 52-week low of $55.05 and a 52-week high of $92.40. The stock has a market cap of $15.55 billion, a price-to-earnings ratio of 15.98 and a beta of 1.39.
The company’s 50 day moving average is $86.98 and its 200-day moving average is $83.77. Liberty Broadband Corporation Company Profile
Liberty Broadband Corporation holds interest in Charter Communications, Inc (Charter) and its subsidiary Skyhook Holding, Inc (Skyhook). The Company’s segments include Skyhook, Charter, and Corporate and other.
Skyhook provides a wireless fidelity (Wi-Fi)-based location platform focused on providing positioning technology and contextual location intelligence solutions.
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