DISH Network Corporation (DISH) Research

Based in Englewood, Colorado, and founded in 1980, DISH Network Corporation is a prominent provider of subscription television services throughout the United States. The company operates primarily through two divisions: Pay-TV and Wireless. Its Pay-TV segment encompasses the DISH TV brand, offering a comprehensive array of programming packages. These include content from national and local broadcast networks, various national and regional cable channels, specialized sports programming, premium movie selections, and a diverse range of international and Latino-focused packages. Customers can access this content either directly on their televisions or through internet-connected devices. Furthermore, DISH provides the dishanywhere.com website and mobile applications, enabling subscribers to view authorized content, browse program schedules, and remotely manage their DVR functionalities. A distinct offering within the Pay-TV segment is Sling TV, which delivers services such as Sling Domestic, International, Latino, Orange, and Blue. This streaming television service is specifically tailored for consumers who do not subscribe to traditional satellite or cable pay-TV and requires an active internet connection. It is accessible on a wide range of streaming-capable hardware, including dedicated media streaming devices, smart televisions, tablets, personal computers, gaming consoles, and mobile phones. In its Wireless division, DISH Network presents consumer plans characterized by their flexibility, as they do not require annual service contracts. These monthly plans typically feature high-speed data alongside unlimited talk and text capabilities. As of December 31, 2021, the company served a total of 10.707 million pay-TV subscribers in the United States. This total was composed of 8.221 million DISH TV subscribers and 2.486 million SLING TV subscribers. DISH distributes its receiver systems and programming through a combination of its own direct sales channels and an extensive network of independent partners. These partners include small retailers, various direct marketing organizations, local and regional consumer electronics stores, general retailers, and telecommunications companies.

Market snapshot

Symbol
DISH
Price
$5.77
Day change
+1.94%
Market cap
$31.5B
P/E ratio
-2.18x
52-week range
3.21-15.96
Sector
Communication Services
Industry
Telecommunications Services
Analyst price target
$31.36

Peer companies

  • AMC Entertainment Holdings, Inc. (AMC)
  • AST SpaceMobile, Inc. (ASTS)
  • Consolidated Communications Holdings, Inc. (CNSL)
  • JOYY, Inc. Sponsored ADR Class A (JOYY)
  • Liberty Global Ltd. (LBYKV)
  • Lions Gate Entertainment Corp. (LGF-B)
  • Meredith Corporation (MDP)
  • Radius Global Infrastructure, Inc. (RADI)

Recent insider activity

  • Proietti Joseph T. — D-Return (5000 shares) on 2023-12-31
  • Proietti Joseph T. — D-Return (5000 shares) on 2023-12-31
  • Proietti Joseph T. — D-Return (5000 shares) on 2023-12-31
  • Proietti Joseph T. — D-Return (10000 shares) on 2023-12-31
  • Abernathy Kathleen Q — D-Return (8750 shares) on 2023-12-31

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