Market Update: Time Warner Cable Inc (NYSE:TWC) – National Gay & Lesbian Chamber of Commerce Welcomes Time Warner Cable as New National Corporate Partner

[Business Wire] – The National Gay & Lesbian Chamber of Commerce , the business voice of the LGBT community, proudly announces Time Warner Cable Inc. as the latest addition to the NGLCC National Corporate Partner family. Read more on this. Time Warner Cable Inc. (TWC) , with a current market cap of $57.82B, opened this morning at $202.97. Today, shares have traded between $202.43 and $204.25 per share with a trailing 52-week range being $145.44 to $204.37. Priced at 27.05x this year’s forecasted earnings, TWC shares are relatively expensive compared to the industry’s -2.49x forward p/e ratio. And for those looking to make a return holding the stock, the company pays shareholders $3.00 per share annually in dividends, yielding 1.48%. In a review of the consensus earnings estimate this quarter, 17 sell-side analysts are looking at $1.77 per share, which would be $0.12 better than the year-ago quarter and a $0.03 sequential decrease. In looking at the bigger picture, the full-year EPS estimate of $7.50 would be a $0.88 improvement when compared to the previous year’s annual results. 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. More recently, Sun Trust Rbsn Humphrey Initiated TWC at Neutral (Nov 11, 2015). Previously, Buckingham Research downgraded TWC from Buy to Neutral. Investors should keep in mind is that the average price target is $202.83, which is 0.07% below where the stock opened this morning. See more in (NYSE:TWC) Similar Articles: Stock Update: Time Warner Cable Inc (NYSE:TWC) – Time Warner Cable Reports 2015 Fourth-Quarter and Full-Year Results Company Update: Time Warner Cable Inc (NYSE:TWC) – Time Warner Cable Named a 2015 Top Company for People of Color for the Second Consecutive Time by National Association for Multi-Ethnicity in Communications Market Update: Time Warner Cable Inc (NYSE:TWC) – Time Warner Cable Business Class Offers Ethernet Customers Connectivity to Public Clouds Through the Equinix Cloud Exchange