|Bid||113.71 x 900|
|Ask||113.99 x 800|
|Day's range||112.61 - 115.08|
|52-week range||79.07 - 153.41|
|Beta (5Y monthly)||1.11|
|PE ratio (TTM)||38.27|
|Earnings date||04 Aug 2020|
|Forward dividend & yield||N/A (N/A)|
|Ex-dividend date||13 Dec 2019|
|1y target est||122.00|
Walt Disney (DIS) closed at $113.63 in the latest trading session, marking a -0.7% move from the prior day.
In a statement on Tuesday, Disney's Chief Medical Officer, Dr. Pamela Hymel, said new requirements from temperature checks, to face coverings and extra sanitation would enable guests to enjoy Disney World "responsibly." "While COVID-19, and the risk of contracting it, is present in public places, there are many important ways that we can all help promote each other’s safety," Hymel said.
A small media company takes a hard fall after an "exciting" development that isn't very exciting.
Disney (DIS)-owned Disney+ sees huge increase in downloads following the launch of popular Broadway musical Hamilton.
Starbucks has increased its delivery options. Before anyone had ever heard of the coronavirus, Walt Disney (NYSE: DIS) and Starbucks (NASDAQ: SBUX) were flying high. Disney was the harder hit of the two: Movie theaters shut down, theme parks were closed, and the ad market dried up as companies stopped spending.
Verizon (NYSE: VZ) recently announced a new promotion offering its higher-tier FiOS internet customers up to 12 months of Disney's (NYSE: DIS) Hulu for free. AT&T (NYSE: T) even explicitly told investors part of its go-to-market strategy for HBO Max is partnering with internet providers to bundle the streaming service with home internet. Comcast (NASDAQ: CMCSA) is trying to partner with other pay-TV providers to distribute Peacock, but Comcast's own internet-only subscribers also get free access.
Shares of Genius Brands International (NASDAQ: GNUS) shed a quarter of their value on Monday after the children's entertainment company said it will launch a major new business. On July 2, Genius Brands' stock soared after it promised to unveil an "exciting business development" on July 6. Genius Brands announced that it will create a new joint venture with Stan Lee's POW!
Disney (NYSE: DIS) announced Monday that it had signed a far-reaching deal with former San Francisco 49ers quarterback Colin Kaepernick. The company's ESPN sports division will develop a documentary series based on Kaepernick's journey from NFL quarterback to civil rights activist. The story will feature extensive new interviews and a vast archive that documents the last five years of Kaepernick's life, allowing him to tell his story from his perspective.
The House of Mouse is not built to be shut down, but there is light at the end of the tunnel with growth in Disney+ and parks scheduled to reopen.
"Buy the rumor, sell the news" seems to be the case with Genius Brands' (NASDAQ: GNUS) announcement today that the children's video entertainment company has signed a deal with Stan Lee's Pow! Entertainment to create Stan Lee Universe. Genius Brands said Stan Lee Universe will be jointly owned by the two companies with the express purpose of developing properties created by Stan Lee, of which there are over 100.
Lin-Manuel Miranda's smash Broadway musical Hamilton, a hip-hop retelling of the Founding Father's life, has notched yet another victory. Between Friday, July 3, and Sunday, July 5, the Disney+ app was downloaded 513,323 times globally and 266,084 in the U.S., according to data analytics company Apptopia. Apptopia pointed out that the global numbers don't include India or Japan, as Disney+ was rolled into an existing app in those countries.
It looks like Disney's decision to release "Hamilton" earlier than initially planned was a good move.
Major sports teams and theme park guests are arriving in central Florida just as COVID-19 cases are surging in the state. So much can go wrong. So much can go right.
The first half of 2020 was a momentous time for the travel and leisure industry -- but not in a good way. In order to stave off bankruptcy, many in the travel and leisure industry have issued new high-priced debt, low-priced stock, or both, buying themselves time before the industry returns to health. With many "stay-at-home" stocks booming, the travel industry is still in the doldrums, with the stocks of many leading players far below their pre-pandemic highs.
There could be a lot of pent-up demand for this fresh take on the classic "Star Wars" flight combat games from the 1990s.
This media-giant's stock hasn't recovered with the rest of the market, giving bold investors a great buying opportunity.
Shares of the children's entertainment company rose in anticipation of a surprise announcement Monday.
The world's most popular theme park resort is now a week away from the resumption of its gated attractions. It's going to happen.
Entertainment giant Walt Disney (NYSE: DIS) has been suffering for the past few months while its parks and experiences were closed, and only a few have recently reopened. Its main revenue driver during the COVID-19 pandemic has been its streaming services, and it's been finding innovative ways to make them more profitable, such as releasing new films straight to streaming. A new partnership with the Ford Motor Company (NYSE: F) is another path to bringing in much-needed cash.
Comcast (CMCSA) owned NBCUniversal signs licensing deal with ViacomCBS to add select Paramount movies and Showtime content on Peacock streaming platform after its launch on Jul 15.
In late February, I wrote an article that suggested that Comcast (NASDAQ: CMCSA) -- parent to NBCUniversal and ultimate owner of new streaming service called Peacock -- was in a league of its own in terms of next-generation advertising technology. Just within the past few days, Roku (NASDAQ: ROKU), Tubi, and Walt Disney (NYSE: DIS) division Hulu all unveiled new technologies that will make the most of their ad-supported streaming platforms.
What happened Cedar Fair (NYSE: FUN) shareholders lost ground to the market last month as their stock fell 14% compared to a 1.8% boost in the S&P 500, according to data provided by S&P Global Market Intelligence.
When Netflix (NASDAQ: NFLX) first pivoted to streaming content from mailed DVDs, it was a relatively small company. It faced potential competition from major players like Disney (NYSE: DIS), Comcast, HBO (which was then owned by Time Warner, but is now owned by AT&T (NYSE: T)), and even Blockbuster. All of those companies could have squashed Netflix by competing with the current streaming leader's moves in 2007.
Competing studios and media owners are starting to cooperate on a limited basis in order to maximize revenue.