Disney’s linear networks include the ABC broadcast network, several TV stations, and cable networks such as ESPN, Disney Channel, Freeform and National Geographic. Disney’s Parks, Experiences and Products segment includes Disneyland, Disney World and other domestic and international theme parks and its Disney Cruise Line businesses. The Disney Parks, Experiences, and Products segment includes a network of theme saxo bank forex broker overview parks, resorts, and cruises under the Walt Disney World and Disneyland banners. Parks include the flagship Walt Disney World in Florida, Disneyland Paris, and Hong Kong Disneyland Resort. Guests can also enjoy themed vacations under the National Geographic banner and others.
We’ve detected unusual activity from your computer network
In the past 10 years, Disney investors have logged a more than 38% gain compared to a roughly 203% total return for the S&P 500. The Disney Media and Entertainment Distribution segment accounts for about two-thirds of Disney’s revenue. It includes the company’s linear TV networks and direct-to-consumer streaming services Disney+, ESPN+, Hotstar and Hulu.
Blueprint is an independent publisher and comparison service, not an investment advisor. The information provided is for educational purposes only and we encourage you to seek personalized advice from qualified professionals regarding specific financial decisions. “In (fiscal 2024), we see modest growth from advertising and affiliate license revenue; streaming revenue should also accelerate,” Leon said. Disney may also have a near-term catalyst following the launch of its ESPN Bet online sportsbook in November 2023. ESPN Bet’s initial launch with partner Penn Entertainment is expected to include 17 U.S. states. In September 2023, media entrepreneur Byron Allen made a $10 billion offer to buy the ABC television network, FX and National Geographic cable channels and local TV stations from Disney.
Why Is Disney (DIS) Up 3.1% Since Last Earnings Report?
© 2024 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided ‘as-is’ how to sign up for a td ameritrade brokerage account and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart’s disclaimer. “Disney is still trying to figure out how best to balance its traditional TV business with its streaming buildout.
The 90s brought two more stock splits, one 4 for 1 in 1992 and then a 3 for 1 stock split in the summer of 1998. All these stock splits work out as 1 share purchased at IPO being the worth 384 shares today. Today, The Walt Disney Company, through a network of subsidiaries, operates as an entertainment company worldwide. The company operates through two segments; Disney Media and Entertainment Distribution and Disney Parks, Experiences, and Products creating long-lasting memories for children of all ages.
After each calculation the program assigns a Buy, Sell, or Hold value with the study, depending on where the price lies in reference to the common interpretation of the study. For example, a price above its moving average is generally considered an upward trend or a buy. In the near term, Disney can likely improve its perceived market value by following through on Iger’s pledge to demonstrate that the company’s streaming business can turn a profit. In the company’s most recent quarter, Disney reported adjusted earnings per share of $0.82 on revenue of $21.24 billion, a 7% increase from the prior year.
This segment also hosts streaming services including but not limited to Disney+, ESPN+, Hulu, and Star+ as well as post-production services by Industrial Light & Magic and Skywalker Sound. Since the turn of the century, Disney shares have generated just a 268% return compared to a 367% total return for the S&P 500. If you look at just the past decade, Disney’s underperformance has continued even as it has transitioned its business to a streaming video model.
- The information is accurate as of the publish date, but always check the provider’s website for the most current information.
- Today, The Walt Disney Company, through a network of subsidiaries, operates as an entertainment company worldwide.
- “Verified by an expert” means that this article has been thoroughly reviewed and evaluated for accuracy.
- Disney’s Parks, Experiences and Products segment includes Disneyland, Disney World and other domestic and international theme parks and its Disney Cruise Line businesses.
DIS Related stocks
Disney expects to also deliver several billion in annualized savings as part of its so-called building phase. Blueprint is an independent, advertising-supported comparison service focused on helping readers make smarter decisions. We receive compensation from the companies that advertise on Blueprint which may impact use bitwala’s calculator for bitcoin and euro how and where products appear on this site.
“Over the past decade, Disney has demonstrated its ability to monetize its characters and franchises across multiple platforms — movies, home video, merchandising, theme parks and even musicals,” he said. Analysts are generally optimistic about Disney’s business and stock price in 2024. The analysts covering Disney are projecting full-year adjusted EPS $4.49 in 2024, up from an EPS of $3.47 in 2023. Disney analysts are calling for $88.27 billion in revenue for Disney in 2024, up 5.2% year over year. Disney opened its famous Disneyland theme park in Anaheim, California, in 1955. After the company’s early success, Disney went public via an initial public offering in 1957, selling initial public offering shares at $13.88 each.
This segment also provides a wide range of licensed and branded themed products based on each of its many franchises. Disney went public at an IPO price of $13.88 in 1957, but it has split its stock seven times in its history. On a split-adjusted basis, Disney’s stock price climbed as high as $43.88 in 2000 during the dot-com bubble, but it dropped to under $15 in 2002 when the bubble burst. After making it back above $30 in 2007, Disney shares again fell to under $16 during the Great Recession in 2009.
The information is accurate as of the publish date, but always check the provider’s website for the most current information. “The firm’s direct-to-consumer efforts, Disney+, Hotstar, Hulu, and ESPN+, are taking over as the drivers of long-term growth as the firm transitions to a streaming future,” Dolgin said. While Disney is one of the most iconic and successful media companies ever, the company has struggled through hard times in recent years in pivoting to adapt to an evolving media landscape. Disney continued to crank out dozens of groundbreaking and acclaimed films in the second half of the 20th century, and the company went on a buying spree to expand its media empire in the 1990s and 2000s. Disney has several media subsidiaries today, including ABC, ESPN, Pixar, Marvel Studios and Lucasfilm. The Barchart Technical Opinion rating is a 100% Sell with a Strongest short term outlook on maintaining the current direction.
Highlights important summary options statistics to provide a forward looking indication of investors’ sentiment. Provides a general description of the business conducted by this company. Netflix recently underperformed the Dow, but Wall Street analysts are moderately bullish about the stock’s prospects. Leon said the long-term Disney bull thesis is all about cost-cutting, restructuring and asset sales. CFRA analyst Kenneth Leon said Disney is also on track to cut total content spending by $3 billion in fiscal 2023. Disney has plenty of levers to pull to help improve its performance in the coming years, but it also has several significant hurdles to overcome.
In the past 30 years, Disney has generated a total return of roughly 714% compared to the $1,590% total return of the S&P 500 during that same stretch. If you crunch the numbers on all seven of the company’s stock splits, a single share of Disney’s IPO stock would represent 768 shares of today’s Disney stock. Disney stock has been a part of six stock splits since the IPO,The first post IPO stock split happened in 1967 which was a 2 for 1 stock split. There were two more 2 for 1 stock splits shortly after in 1977 and 1973. The next stock split happened over a decade later in March 1986 when a 4 for 1 stock split took place.
Whether you’re looking for AI stocks, growth stocks, dividend stocks, or value stocks, this list has something for everyone. While Warren Buffett is among the best value investors of all time, not all of his cash and stock calls have been profitable. Here are a few mistakes that the Berkshire Hathaway chair has made over the…