28-Mar-2024
Jeffrey Sonnenfeld Calls Disney's Bob Iger A Magic-Wielding 'Wizard' Amid Ongoing Proxy Battle
Benzinga (Thu, 28-Mar 11:02 PM ET)
Blackwells sues Disney seeking ValueAct records in heated proxy battle
Seeking Alpha News (Thu, 28-Mar 5:18 PM ET)
Blackwells sues Disney seeking ValueAct records in heated proxy battle (updated)
Seeking Alpha News (Thu, 28-Mar 5:18 PM ET)
Catalyst Watch: Tesla deliveries, Disney board vote, DJT drama and Fortinet event
Seeking Alpha News (Thu, 28-Mar 3:00 PM ET)
Disney Urges Shareholders to Vote the WHITE Proxy Card "FOR" ONLY Disney's 12 Director Nominees
Business Wire (Thu, 28-Mar 7:45 AM ET)
Disney Seals the Deal: A Magical Legal Victory
TipRanks (Thu, 28-Mar 7:10 AM ET)
The Walt Disney Company to Webcast Its Annual Meeting of Shareholders
Business Wire (Wed, 27-Mar 1:00 PM ET)
Disney settles DeSantis fight in Florida; activist Peltz gains ally in proxy fight
Seeking Alpha News (Wed, 27-Mar 12:24 PM ET)
Disney launches Hulu/Disney+ integration for its bundled subscribers
Seeking Alpha News (Wed, 27-Mar 11:09 AM ET)
Disney trends in right direction with streaming updates, park investments: USB
Seeking Alpha News (Wed, 27-Mar 8:56 AM ET)
Disney operates in three global business segments: entertainment, sports, and experiences. Entertainment and experiences both benefit from franchises and characters the firm has created over the course of a century. Entertainment includes the ABC broadcast network, several cable television networks, and the Disney+ and Hulu streaming services. Within the segment, Disney also engages in movie and television production and distribution, with content licensed to movie theaters, other content providers, or, increasingly, kept in-house for use on Disney's own streaming platform and television networks. The sports segment houses ESPN and the ESPN+ streaming service. Experiences contains Disney's theme parks and vacation destinations, and also benefits from merchandise licensing.
Walt Disney Company trades on the NYSE stock market under the symbol DIS.
As of March 28, 2024, DIS stock price climbed to $122.36 with 14,130,614 million shares trading.
DIS has a beta of 1.02, meaning it tends to be more sensitive to market movements. DIS has a correlation of 0.24 to the broad based SPY ETF.
DIS has a market cap of $224.44 billion. This is considered a Mega Cap stock.
Last quarter Walt Disney Company reported $24 billion in Revenue and $1.22 earnings per share. This fell short of revenue expectation by $-141 million and exceeded earnings estimates by $.23.
In the last 3 years, DIS stock traded as high as $191.67 and as low as $78.73.
The top ETF exchange traded funds that DIS belongs to (by Net Assets): VTI, VOO, SPY, IVV, VUG.
DIS stock has underperformed the market in the last year with a return of +28.3%, while SPY returned +33.6%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in DIS shares. However, DIS has outperformed the market in the last 3 month and 2 week periods, returning +35.4% and +8.8%, while SPY returned +10.1% and +1.7%, respectively. This indicates DIS has been having a stronger performance recently.
DIS support price is $119.33 and resistance is $122.64 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that DIS stock will trade within this expected range on the day.