Company Update: Time Warner Cable Inc (NYSE:TWC) – Time Warner Cable’s Chairman and CEO Rob Marcus to Participate in the Deutsche Bank Media, Internet and Telecom Conference

[Business Wire] – Time Warner Cable Inc. today announced that its Chairman and Chief Executive Officer Rob Marcus will participate in the Deutsche Bank Media, Internet and Telecom Conference on Tuesday, March 8, 2016, in Palm Beach, FL. Read more on this. Time Warner Cable Inc. (TWC) , with a current value of $55.09B, opened this morning at $192.60. Looking at today’s trading action, the company’s one day range from $190.84 to $194.49 with a one year range of $145.44 to $194.49. Time Warner Cable (TWC) shares are currently priced at 25.55x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s -0.88x earnings multiple for the same period. And for income investors, the company pays shareholders $3.00 per share annually in dividends, yielding 1.56%. Consensus earnings for the current quarter by the 15 sell-side analysts covering the stock is an estimate of $1.76 per share, which would be $0.11 better than the year-ago quarter and a $0.04 sequential decrease. The full-year EPS estimate is $7.47 which would be a $0.85 better than last year’s full-year earnings. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $6.14 Billion. If realized, that would be a 6.23% increase over the year-ago quarter. In terms of ratings, Sun Trust Rbsn Humphrey Initiated TWC at Neutral (Nov 11, 2015). Previously, Buckingham Research downgraded TWC from Buy to Neutral. The average price target for TWC shares by the analysts covering the stock is $199.89, which is 3.79% above where the stock opened this morning. See more in (NYSE:TWC) Similar Articles: Company Update (NYSE:TWX): Time Warner Chairman & CEO Jeff Bewkes to Participate in the Deutsche Bank Media, Internet & Telecom Conference Stock Update: Time Warner Cable Inc (NYSE:TWC) – Time Warner Cable Media Rolls out KernelConnect across Its Entire Footprint, Allowing Clients to Fully Quantify and Optimize the Effectiveness of Campaigns Stock Update (NYSE:TWC): Time Warner Cable Business Class Internet Connects Harmony Public Schools