uploads///DISH YTD price perfo Jan

What Affects Dish Network’s Stock Price?

By

Jan. 17 2017, Updated 3:34 p.m. ET

Dish Network’s stock price rises

On January 13, 2017, Dish Network’s (DISH) stock closed at $62.27. The company’s stock price has risen 19.6% YTD (year-to-date) and 9.3% in the past three months.

In contrast, media companies Netflix (NFLX) and 21st Century Fox (FOXA) have seen their stock prices rise 31.7% and 21.4%, respectively, in the past three months. Comcast’s (CMCSA) stock price has risen 11.6%.

Article continues below advertisement

Factors driving Dish’s stock price rise

Dish’s pay-TV subscriber losses continued in fiscal 3Q16, with the company reporting a loss of 116,000 subscribers in the third quarter. However, Dish is increasingly concentrating on its OTT (over-the-top) service, Sling TV, and has revamped the service. The new version of Sling TV could boost the company’s falling pay-TV subscriber numbers.

Another factor to consider is that even if Dish’s pay-TV subscriber numbers continue to fall, the company has a valuable wireless spectrum that could make it an attractive candidate for a potential acquisition. There have also been rumors of Verizon Communications (VZ) being interested in Dish, but Verizon has recently denied these rumors.

In this series

In this series, we’ll explore Dish Network’s spectrum holdings and the broadcast spectrum auction. We’ll start by looking at analysts’ ratings for Dish.

Advertisement

More From Market Realist

  • CONNECT with Market Realist
  • Link to Facebook
  • Link to Twitter
  • Link to Instagram
  • Link to Email Subscribe
Market Realist Logo
Do Not Sell My Personal Information

© Copyright 2021 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.