Last $20.10 USD
Change Today -0.16 / -0.79%
Volume 6.2M
CVC On Other Exchanges
Symbol
Exchange
New York
Munich
As of 8:04 PM 12/19/14 All times are local (Market data is delayed by at least 15 minutes).

cablevision systems-ny grp-a (CVC) Snapshot

Open
$20.34
Previous Close
$20.26
Day High
$20.36
Day Low
$19.95
52 Week High
12/3/14 - $21.97
52 Week Low
01/24/14 - $15.69
Market Cap
5.5B
Average Volume 10 Days
3.1M
EPS TTM
$1.05
Shares Outstanding
219.5M
EX-Date
11/19/14
P/E TM
19.2x
Dividend
$0.60
Dividend Yield
2.98%
Current Stock Chart for CABLEVISION SYSTEMS-NY GRP-A (CVC)

cablevision systems-ny grp-a (CVC) Related Businessweek News

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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

The National Labor Relations Board Rules Cablevision Systems Corp. over Violated Federal Labor Law

The National Labor Relations Board ruled that Cablevision Systems Corp. and its CEO James Dolan have violated federal labor law. The ruling stemmed from allegations that Cablevision illegally fired workers, bargained in bad faith and spied on employees in Brooklyn, N.Y. The company is also accused of illegally intimidating, harassing and essentially bribing workers during a union representation election in the Bronx, N.Y. The union that represents the workers, the Communications Workers of America, vowed to press New York City to begin a process to bring the company into compliance with its cable franchise, and if necessary declare it in default of the franchise, for violations of the labor rights provisions of the agreement. The franchise requires the company to comply with federal labor law.

Cablevision Systems Corporation Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014

Cablevision Systems Corporation reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2014. For the quarter, the company's revenues, net was $1,626,187,000 compared to $1,567,837,000 a year ago. Operating income was $252,446,000 compared to $225,427,000 a year ago. Income from continuing operations before income taxes was $120,714,000 compared to $93,920,000 a year ago. Income from continuing operations was $71,901,000 compared to $59,748,000 a year ago. Net income was $71,822,000 compared to $295,034,000 a year ago. Net income attributable to the company stockholders was $71,491,000 or $0.26 per diluted share compared to $294,601,000 or $1.10 per diluted share a year ago. Income attributable to the company stockholders from continuing operations, net of income taxes was $71,570,000 or $0.26 per diluted share compared to $59,315,000 or $0.22 per diluted share a year ago. Adjusted operating cash flow increased 6.9% to $471.7 million. Capital expenditures were $205 million, and free cash flow was $116 million. For the nine months, the company's revenues, net was $4,829,910,000 compared to $4,648,684,000 a year ago. Operating income was $715,422,000 compared to $530,577,000 a year ago. Income from continuing operations before income taxes was $336,785,000 compared to $124,873,000 a year ago. Income from continuing operations was $253,063,000 compared to $80,837,000 a year ago. Net income was $256,060,000 compared to $414,353,000 a year ago. Net income attributable to the company stockholders was $255,464,000 or $0.95 per diluted share compared to $413,819,000 or $1.56 per diluted share a year ago. Income attributable to the company stockholders from continuing operations, net of income taxes was $252,467,000 or $0.94 per diluted share compared to $80,303,000 or $0.30 per diluted share a year ago. Net cash provided by operating activities was $1,029,004,000 compared to $813,593,000 a year ago. Net debt as on September 30, 2014 was $7,918,264,000.

Cablevision Systems Corporation Declares Quarterly Dividend, Payable on December 12, 2014

On November 5, 2014, the board of directors of Cablevision Systems Corporation declared a quarterly dividend of $0.15 per share on each outstanding share of Cablevision NY Group Class A common stock and Cablevision NY Group Class B common stock. This quarterly dividend is payable on December 12, 2014 to shareholders of record at the close of business on November 21, 2014.

 

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CVC

Industry Average

Valuation CVC Industry Range
Price/Earnings 18.1x
Price/Sales 0.8x
Price/Book NM Not Meaningful
Price/Cash Flow 4.8x
TEV/Sales NM Not Meaningful
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