Shares of Dish Network Corp. (NASDAQ:DISH) have been given an average recommendation of “Hold” by the twenty-two research firms that are covering the firm. Four equities research analysts have rated the stock with a sell recommendation, eight have issued a hold recommendation, nine have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month price objective among brokerages that have covered the stock in the last year is $68.41.

A number of equities research analysts have commented on the stock. BTIG Research reissued a “buy” rating and set a $90.00 price objective (up previously from $85.00) on shares of Dish Network Corp. in a report on Tuesday, November 22nd. FBR & Co raised their target price on shares of Dish Network Corp. from $46.00 to $48.00 and gave the company an “underperform” rating in a research note on Friday, November 11th. JPMorgan Chase & Co. reaffirmed a “buy” rating and issued a $85.00 target price on shares of Dish Network Corp. in a research note on Thursday, November 10th. Jefferies Group reaffirmed a “buy” rating and issued a $80.00 target price on shares of Dish Network Corp. in a research note on Thursday, November 10th. Finally, Pivotal Research raised their target price on shares of Dish Network Corp. from $82.00 to $86.00 and gave the company a “buy” rating in a research note on Thursday, November 10th.

Dish Network Corp. (NASDAQ:DISH) opened at 55.93 on Wednesday. The stock has a market capitalization of $26.00 billion, a P/E ratio of 29.88 and a beta of 1.05. The company’s 50-day moving average is $56.49 and its 200-day moving average is $52.72. Dish Network Corp. has a 12 month low of $38.85 and a 12 month high of $63.80.

Dish Network Corp. (NASDAQ:DISH) last issued its quarterly earnings data on Wednesday, November 9th. The company reported $0.64 EPS for the quarter, missing analysts’ consensus estimates of $0.68 by $0.04. Dish Network Corp. had a return on equity of 40.84% and a net margin of 6.48%. The company had revenue of $3.75 billion for the quarter, compared to the consensus estimate of $3.74 billion. During the same period in the prior year, the company earned $0.42 EPS. The firm’s revenue was up .5% compared to the same quarter last year. Equities analysts anticipate that Dish Network Corp. will post $3.01 earnings per share for the current year.

In other news, insider Carl E. Vogel sold 30,000 shares of Dish Network Corp. stock in a transaction that occurred on Monday, September 26th. The shares were sold at an average price of $53.54, for a total value of $1,606,200.00. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 49.40% of the stock is currently owned by insiders.

Institutional investors have recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. boosted its position in Dish Network Corp. by 7.5% in the third quarter. JPMorgan Chase & Co. now owns 24,440,962 shares of the company’s stock valued at $1,338,875,000 after buying an additional 1,712,291 shares in the last quarter. Vanguard Group Inc. boosted its position in Dish Network Corp. by 2.1% in the second quarter. Vanguard Group Inc. now owns 9,645,533 shares of the company’s stock valued at $505,426,000 after buying an additional 195,689 shares in the last quarter. Franklin Resources Inc. boosted its position in Dish Network Corp. by 153,552.3% in the second quarter. Franklin Resources Inc. now owns 6,914,355 shares of the company’s stock valued at $362,313,000 after buying an additional 6,909,855 shares in the last quarter. BlackRock Institutional Trust Company N.A. boosted its position in Dish Network Corp. by 1.3% in the third quarter. BlackRock Institutional Trust Company N.A. now owns 5,502,783 shares of the company’s stock valued at $301,442,000 after buying an additional 72,880 shares in the last quarter. Finally, Ameriprise Financial Inc. boosted its position in Dish Network Corp. by 9.5% in the second quarter. Ameriprise Financial Inc. now owns 3,174,834 shares of the company’s stock valued at $166,364,000 after buying an additional 276,410 shares in the last quarter. 48.27% of the stock is owned by institutional investors and hedge funds.

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About Dish Network Corp.

DISH Network Corporation is a holding company. The Company operates through two segments: DISH 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 (DBS) and Fixed Satellite Service (FSS) 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.

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