Stock Update (NYSE:TWC): Free Calls to Ecuador, Japan and Myanmar for Time Warner Cable Phone Customers

[Business Wire] – NEW YORK–(BUSINESSWIRE)– Time Warner Cable today announced that all calls placed by its residential and commercial phone customers to landline and mobile numbers in Ecuador, Japan and Myanmar will be free through May 19, 2016. Free calling will be retroactive for calls placed to the three countries beginning April 13 for Myanmar, April 14 for Japan and April 16 for Ecuador – the dates that each country suffered a devastating earthquake. “For all our customers who have loved ones in Ecuador, Japan or Myanmar, we hope that being able to reach out to them any time and as often as possible brings some comfort during this extremely difficult time,” said Time Warner Cable Chairman and CEO Rob Marcus. Read more on this. Time Warner Cable Inc. (TWC) , with a current value of $58.33B, started the session at $204.89. During the trading session, TWC traded between $204.10 to $207.93 with a trailing 52-week range being $145.77 to $207.93. TWC shares are currently priced at 27.50x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 13.29x earnings multiple for the same period. And for passive income investors, the company pays shareholders $3.00 per share annually in dividends, yielding 1.46%. In a review of the consensus earnings estimate this quarter, 17 sell-side analysts are looking at $1.75 per share, which would be $0.10 better than the year-ago quarter and a $0.06 sequential decrease. Investors should also note that the full-year EPS estimate of $7.47 is a $0.85 improvement when compared to the previous year’s annual results. The quarterly earnings estimate is predicated on a consensus revenue forecast of $6.14 Billion. If reported, 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. Given all the information above, we should disclose to readers that the average price target is $206.56, which is 0.82% above than it opened this morning. See more in (NYSE:TWC) Similar Articles: Stock Update: Time Warner Cable Inc (NYSE:TWC) – Time Warner Cable Declares Quarterly Dividend Stock Update (NYSE:TWC): Time Warner Cable Helps Phone Customers Block Unwanted Telemarketing and Robocalls with Easy Online Sign-up to ‘Nomorobo’ 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