SunTrust Banks, Inc. restated their hold rating on shares of DISH Network Corporation (NASDAQ:DISH) in a research report released on Friday. SunTrust Banks, Inc. currently has a $60.00 price target on the stock. SunTrust Banks also issued estimates for DISH Network Corporation’s FY2017 earnings at $1.98 EPS.

DISH has been the topic of a number of other research reports. Deutsche Bank AG reissued a buy rating and issued a $99.00 price objective on shares of DISH Network Corporation in a report on Thursday, October 5th. Barclays PLC dropped their price objective on shares of DISH Network Corporation from $74.00 to $71.00 and set an overweight rating on the stock in a report on Friday. Zacks Investment Research raised shares of DISH Network Corporation from a sell rating to a hold rating in a report on Friday, October 27th. BidaskClub downgraded shares of DISH Network Corporation from a hold rating to a sell rating in a report on Monday, July 31st. Finally, Jefferies Group LLC reissued a buy rating and issued a $80.00 price objective on shares of DISH Network Corporation in a report on Monday, September 25th. Five equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and eight have given a buy rating to the company’s stock. DISH Network Corporation has an average rating of Hold and an average target price of $65.39.

DISH Network Corporation (DISH) traded up $0.51 on Friday, hitting $50.81. 2,211,700 shares of the company were exchanged, compared to its average volume of 2,713,139. The company has a debt-to-equity ratio of 2.88, a quick ratio of 0.57 and a current ratio of 0.63. The stock has a market capitalization of $23,445.43, a P/E ratio of 18.49, a price-to-earnings-growth ratio of 2.38 and a beta of 1.08. DISH Network Corporation has a one year low of $46.07 and a one year high of $66.50.

DISH Network Corporation (NASDAQ:DISH) last posted its quarterly earnings data on Thursday, November 9th. The company reported $0.57 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.60 by ($0.03). The business had revenue of $3.58 billion during the quarter, compared to analysts’ expectations of $3.60 billion. DISH Network Corporation had a return on equity of 26.68% and a net margin of 7.22%. The business’s quarterly revenue was down 5.0% compared to the same quarter last year. During the same period in the previous year, the business posted $0.64 EPS. research analysts predict that DISH Network Corporation will post 2.05 EPS for the current fiscal year.

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In other news, EVP Jeffrey L. Mcschooler sold 785 shares of DISH Network Corporation stock in a transaction that occurred on Monday, August 28th. The shares were sold at an average price of $56.61, for a total transaction of $44,438.85. Following the sale, the executive vice president now owns 165 shares in the company, valued at $9,340.65. The transaction was disclosed in a document filed with the SEC, which is available at this link. In the last quarter, insiders have sold 1,110 shares of company stock worth $62,046. Company insiders own 49.30% of the company’s stock.

Institutional investors have recently added to or reduced their stakes in the company. Honkamp Krueger Financial Services Inc. increased its position in DISH Network Corporation by 0.4% in the second quarter. Honkamp Krueger Financial Services Inc. now owns 12,835 shares of the company’s stock worth $806,000 after purchasing an additional 48 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its position in DISH Network Corporation by 0.4% in the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 16,900 shares of the company’s stock worth $1,061,000 after purchasing an additional 68 shares during the last quarter. TRUE Private Wealth Advisors increased its position in DISH Network Corporation by 0.9% in the second quarter. TRUE Private Wealth Advisors now owns 7,899 shares of the company’s stock worth $495,000 after purchasing an additional 74 shares during the last quarter. Paradigm Asset Management Co. LLC increased its position in DISH Network Corporation by 4.2% in the second quarter. Paradigm Asset Management Co. LLC now owns 2,500 shares of the company’s stock worth $157,000 after purchasing an additional 100 shares during the last quarter. Finally, Nordea Investment Management AB increased its position in DISH Network Corporation by 0.9% in the second quarter. Nordea Investment Management AB now owns 11,121 shares of the company’s stock worth $698,000 after purchasing an additional 101 shares during the last quarter. Hedge funds and other institutional investors own 48.95% of the company’s stock.

DISH Network Corporation Company Profile

DISH Network Corporation is a holding company. The Company operates through two segments: Pay-TV and Broadband, 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 and Fixed Satellite Service 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.

Analyst Recommendations for DISH Network Corporation (NASDAQ:DISH)

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