Profile
Sector:
Communication ServicesIndustry:
Telecom ServicesCountry:
United StatesIPO:
04 November 2014Website:
http://www.libertybroadband.comNext earnings report:
14 February 2025Last dividends:
N/ANext dividends:
N/APrice
pre-market | 18 min agoDividend
Analysts recommendations
Institutional Ownership
LBRDA Latest News
Charter Communications has sealed a deal to acquire John Malone's Liberty Broadband in the latest media chess move by Malone. While far from the glitzy spotlight of Warner Bros. Discovery, Formula One or other parts of Malone's investment portfolio, the broadband deal has been closely tracked as the parties negotiated in recent months.
Investors appear to be betting that Liberty Broadband and Charter Communications can meet in the middle and reach a deal for the latter to buy the former.
The company submitted a counteroffer to Charter, it said Tuesday morning.
Liberty Broadband preferred stock offers stable income, backed by a significant stake in Charter Communications, ensuring high safety for dividend payments. The preferred stock is trading under par, presenting a good buying opportunity. If interest rates are cut, the price can easily return to above par. The mandatory redemption at par on March 8, 2039 is an attractive characteristic that is not often encountered in preferred stock.
ENGLEWOOD, Colo.--(BUSINESS WIRE)--Liberty Broadband Corporation Announces Proposed Private Offering of Exchangeable Senior Debentures.
Following its Q4/23 earnings release, Charter Communications and its major shareholder Liberty Broadband crashed 16%. Since I don't believe fundamentals justify such a steep sell-off, the investment case for Liberty Broadband has become even more compelling. Liberty Broadband is virtually certain to outperform Charter over the long-term thanks to a 28% NAV discount and accretive buybacks.
Liberty Broadband's discount to NAV has grown to over 30%, while its main asset Charter also looks undervalued. Overall, the total discount to Liberty Broadband's underlying intrinsic value likely exceeds 50%. Potential near-term catalysts for closing the discount are limited, but patient long-term investors will very likely be rewarded.
What type of business is Liberty Broadband?
Liberty Broadband Corporation engages in the communications businesses. The company's GCI Holdings segment provides data, wireless, video, voice, and managed services to residential customers, businesses, governmental entities, educational, and medical institutions in Alaska under the GCI brand. Its Charter segment offers subscription-based Internet and video services, and mobile and voice services; and state-of-the-art residential and business services, which includes Spectrum Internet, TV, mobile and voice for small and medium-sized companies; Spectrum Business provides a suite of broadband products and services for businesses and government application; Spectrum Enterprise offers customized fiber-based solutions; Spectrum Reach provides advertising and production for the modern media landscape. In addition, the company provides security suite that offers computer viruses, spyware and threats from malicious actors across the internet; offers internet access, data networking, fiber connectivity to cellular towers and office buildings, video entertainment, and business telephone services; advertising services on cable television networks, streaming services, and advertising platforms; and operates regional sports and news networks. Liberty Broadband Corporation was incorporated in 2014 and is based in Englewood, Colorado.
What sector is Liberty Broadband in?
Liberty Broadband is in the Communication Services sector
What industry is Liberty Broadband in?
Liberty Broadband is in the Telecom Services industry
What country is Liberty Broadband from?
Liberty Broadband is headquartered in United States
When did Liberty Broadband go public?
Liberty Broadband initial public offering (IPO) was on 04 November 2014
What is Liberty Broadband website?
https://www.libertybroadband.com
Is Liberty Broadband in the S&P 500?
No, Liberty Broadband is not included in the S&P 500 index
Is Liberty Broadband in the NASDAQ 100?
No, Liberty Broadband is not included in the NASDAQ 100 index
Is Liberty Broadband in the Dow Jones?
No, Liberty Broadband is not included in the Dow Jones index
When was Liberty Broadband the previous earnings report?
No data
When does Liberty Broadband earnings report?
The next expected earnings date for Liberty Broadband is 14 February 2025