Last $16.12 USD
Change Today -0.13 / -0.80%
Volume 1.6M
CVC On Other Exchanges
Symbol
Exchange
New York
Munich
As of 8:04 PM 04/17/14 All times are local (Market data is delayed by at least 15 minutes).

cablevision systems-ny grp-a (CVC) Snapshot

Open
$16.20
Previous Close
$16.25
Day High
$16.35
Day Low
$16.12
52 Week High
08/2/13 - $20.16
52 Week Low
06/12/13 - $13.88
Market Cap
4.3B
Average Volume 10 Days
3.4M
EPS TTM
$0.28
Shares Outstanding
216.4M
EX-Date
03/12/14
P/E TM
58.1x
Dividend
$0.60
Dividend Yield
3.72%
Current Stock Chart for CABLEVISION SYSTEMS-NY GRP-A (CVC)

cablevision systems-ny grp-a (CVC) Details

Cablevision Systems Corporation, together with its subsidiaries, owns and operates cable television systems in the United States. The company operates through three segments: Cable, Lightpath, and Other. The Cable segment provides video services, including programming, local broadcast network affiliates and independent television stations, other news, information, sports and entertainment channels, regional sports networks, video on demand, and entertainment and advertising services under the Optimum brand name; high-speed data services to residential and small business customers through a cable modem device under the Optimum Online name; and Voice over Internet Protocol services under the Optimum Voice name. The Lightpath segment offers Ethernet-based data, Internet, voice, and video transport and managed services to health care, financial, education, legal, and professional services industries, as well as the public sector and telecommunication providers. The Other segment is involved ion the operations of Newsday, a daily newspaper; amNewYork, a free daily newspaper; various weekly shopper publications; and online Websites, such as newsday.com and exploreLI.com. This segment also provides the News 12 Networks, which provides regional news programming services; cable television advertising; MSG Varsity, a program service showcasing high school sports and activities, and other local programming. As of December 31, 2013, it served approximately 2.8 million video clients. The company was founded in 1985 and is headquartered in Bethpage, New York.

14,046 Employees
Last Reported Date: 02/26/14
Founded in 1973

cablevision systems-ny grp-a (CVC) Top Compensated Officers

Chief Executive Officer, Director, Chairman o...
Total Annual Compensation: $2.0M
Vice Chairman and Chief Financial Officer
Total Annual Compensation: $1.9M
Executive Vice President, General Counsel and...
Total Annual Compensation: $1.2M
Senior Vice President and Treasurer
Total Annual Compensation: $550.0K
Compensation as of Fiscal Year 2013.

cablevision systems-ny grp-a (CVC) Key Developments

Cablevision Systems Corporation Announces Executive Changes

Cablevision Systems Corporation announced the promotions of two long-time senior executives. Brian G. Sweeney has been named President and Kristin A. Dolan has been appointed Chief Operating Officer. Along with these new positions, both were elected executive officers of the company. These leadership appointments are effective immediately and Mr. Sweeney and Ms. Dolan will report to Cablevision Chief Executive Officer James L. Dolan. Mr. Dolan will no longer serve as president of the company. As President, Mr. Sweeney, who has been with Cablevision for more than two decades, will continue to work closely with Cablevision's CEO on the long-term strategic direction and the overall management of the company. He will also work with Ms. Dolan and the company's other senior executives on the day-to-day oversight of the Company's operations. He maintains direct oversight of the company's key strategic initiatives, the engineering, technology and business intelligence groups as well as Cablevision's local media properties, including Newsday Media Group and News 12 Networks. In addition to working with the Cablevision senior executive team on the long-term strategy of the Company, Ms. Dolan, a 24-year veteran of Cablevision, will lead all aspects of the Company's cable operations as chief operating officer. This includes responsibility for the entire Optimum customer experience from network management and product development to marketing and customer and field service for the Company's residential and commercial Optimum TV digital cable, Optimum Online high-speed Internet and Optimum voice products. She also will continue to oversee Cablevision Media Sales, the Company's advertising sales division. In addition to his ongoing role as Cablevision Vice Chairman and Chief Financial Officer, Gregg Seibert will continue to oversee the Lightpath business. Most recently, Sweeney served as senior executive vice president, strategy and chief of staff to the CEO, overseeing corporate strategy and the Company's key growth initiatives as well as the long-term planning process. Ms. Dolan, 48, most recently served as President of Optimum Services where she was responsible for the Optimum products, brand positioning and customer service.

Cablevision Systems Corporation Declares Quarterly Dividend, Payable on April 3, 2014

On February 25, 2014, the Board of Directors of Cablevision Systems Corporation declared a quarterly dividend of $0.15 per share on each outstanding share of the company's Cablevision NY Group Class A Stock and Cablevision NY Group Class B Stock. This quarterly dividend is payable on April 3, 2014 to shareholders of record at the close of business on March 14, 2014.

Cablevision Systems Corporation Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2013

Cablevision Systems Corporation reported unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2013. For the quarter, the company's net revenues were $1,583.5 million compared with $1,515.1 million a year ago. Operating income before depreciation and amortization was $420.2 million compared with $283.3 million a year ago. Operating income was $168.6 million compared with $30.9 million a year ago. Income from continuing operations before income taxes was $68.1 million compared with loss of $123.4 million a year ago. Income from continuing operations was $46.5 million or $0.18 per diluted share compared with loss of $73.9 million or $0.29 per diluted share a year ago. Net income was $51.3 million compared with $116.6 million a year ago. Net income attributable to the company stockholders was $51.8 million or $0.19 per diluted share compared with $116.5 million or $0.45 per diluted share a year ago. Adjusted operating cash flow was $456.5 million compared with $306.1 million a year ago. As on December 31, 2013, the company's net debt was $8,239.1 million. Capital expenditures were $210.7 million compared with $249.4 million a year ago. For the year, the company's net revenues were $6,232.2 million compared with $6,131.7 million a year ago. Operating income before depreciation and amortization was $1,608.4 million compared with $1,676.8 million a year ago. Operating income was $699.2 million compared with $769.0 million a year ago. Income from continuing operations before income taxes was $192.96 million compared with $126.3 million a year ago. Income from continuing operations was $127.3 million or $0.48 per diluted share compared with $74.3 million or $0.28 per diluted share a year ago. Net income was $465.6 million compared with $233.6 million a year ago. Net income attributable to the company stockholders was $465.7 million or $1.75 per diluted share compared with $233.5 million or $0.87 per diluted share a year ago. Net cash provided by operating activities was $1,134.98 million compared with $1,061.2 million a year ago. Capital expenditures were $951.7 million compared with $991.6 million a year ago. Adjusted operating cash flow was $1,684.6 million compared with $1,736.8 million a year ago.

 

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CVC

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Valuation CVC Industry Range
Price/Earnings 33.7x
Price/Sales 0.7x
Price/Book NM Not Meaningful
Price/Cash Flow 3.3x
TEV/Sales NM Not Meaningful
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