# Charter Communications, Inc. (CHTR)

> Source: Nexqual · https://nexqual.com/CHTR · data as of 2026-10-22 20:00 UTC · cite as "Nexqual, Charter Communications, Inc. (CHTR), nexqual.com/CHTR" · informational, not investment advice.

**Price:** USD 111.77 (+4.20% on the day) · last close of Oct 22, 2026; US market pre market, not a live price. Prev close 107.26 · day 107.64–112.71 · 52w 101.63–254.11 · market cap $14.5B · NMS

## Key facts
- Last four reported quarters (through Jun 30, 2026): revenue $54.4B, net income $4.92B (9.1% margin), free cash flow $4.36B (SEC filings).
- Valuation: P/E 2.9x (avg 9.5x at the last 3 fiscal year-ends), EV/EBITDA 5.0x, net debt $93.5B.
- 6 of 80 tracked superinvestors hold CHTR (13F, Q2 2026): 0 new, 2 added, 2 reduced, 2 unchanged.
- Insider open-market sales, last ~7 months: 1 Form 4 filings, $12.7M; 1 not under a Rule 10b5-1 plan ($12.7M); 0 by opportunistic insiders, 0 by routine insiders (three-year test, Cohen, Malloy & Pomorski 2012).
- Insider open-market purchases, last ~7 months: 4 Form 4 filings, $3.8M; 0 by opportunistic insiders, 0 by routine insiders.
- Analysts: Hold (mean 3.14 on a 1–5 scale) (21 analysts), mean target USD 173.17 (range 68–380).
- Total return with dividends: 1Y -54.2% vs S&P 500 +14.9%; 5Y -84.7% vs S&P 500 +80.3%.
- Next earnings: 2026-11-06, EPS estimate USD 8.94, revenue estimate $14.9B.

## Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $51.7B | $54.0B | $54.6B | $55.1B | $54.8B | $54.4B |
| Operating income | $10.5B | $12.0B | $12.6B | $13.1B | $12.9B | $12.7B |
| Net income | $4.65B | $5.05B | $4.56B | $5.08B | $4.99B | $4.92B |
| EPS (diluted) | $24.47 | $30.74 | $29.99 | $34.97 | $36.21 | — |
| Free cash flow | $8.60B | $5.55B | $3.32B | $3.16B | $4.42B | $4.36B |
| Operating margin | 20.4% | 22.1% | 23.0% | 23.8% | 23.6% | 23.3% |
| Net margin | 9.0% | 9.4% | 8.3% | 9.2% | 9.1% | 9.1% |
| Revenue growth | +7.5% | +4.5% | +1.1% | +0.9% | -0.6% | — |
| Cash + short-term investments | $601M | $645M | $709M | $459M | $477M | — |
| Total debt | $91.6B | $97.6B | $97.8B | $93.9B | $94.8B | — |
Fiscal years end Dec. EPS is split-adjusted.

## Valuation (price ÷ last four quarters, through Jun 30, 2026)
P/E 2.9x · P/S 0.3x · EV/EBITDA 5.0x · EV/Sales 2.0x · P/FCF 3.3x · P/B 0.9x · FCF yield 30.00% · Earnings yield 33.90% · Buyback yield (TTM) 32.75% · Net debt $93.5B · EV $108B
P/E at fiscal year-ends: Dec 2025 5.8x, Dec 2024 9.8x, Dec 2023 13.0x.

## Superinvestors (SEC 13F-HR, Q2 2026)
6 of 80 tracked investors hold CHTR. Each row is the investor's latest 13F; change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change |
|---|---|---|---|---|
| Triple Frond Partners |  | 1.95% | $21.9M | Unchanged |
| Dodge & Cox Funds | Dodge & Cox | 1.12% | $2.14B | Added +2.8% |
| First Eagle Investment | First Eagle Investment Management | 0.85% | $510M | Added +0.2% |
| Bill Nygren | Oakmark Funds | 0.02% | $13.8M | Reduced -97.6% |
| Wallace Weitz | Weitz Investment Management | 0.01% | $92K | Unchanged |
| Ruane Cunniff | Ruane Cunniff LP | <0.01% | $221K | Reduced -99.0% |

## Insider sales (SEC Form 4, open-market, last ~7 months)
0 of 1 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.
| Trade date | Insider | Role | Shares | Value | % of holdings sold | 10b5-1 plan | Insider type |
|---|---|---|---|---|---|---|---|
| 2026-05-26…2026-05-27 | Rutledge Thomas |  | 87,833 | $12.7M | 95.7% | No | Too little history (no open-market trades in 2024 or 2025) |
% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.

## Insider purchases (SEC Form 4, open-market, last ~7 months)
4 purchases, $3.8M. Private placements, offerings, dividend reinvestment and employee stock purchase plan buys are excluded.
| Trade date | Insider | Role | Shares | Value | Avg price | Insider type |
|---|---|---|---|---|---|---|
| 2026-05-15 | Ramos Mauricio | Director | 9,929 | $1.4M | 140.93 | Too little history (no open-market trades in 2023–2025) |
| 2026-04-28 | Davis Wade | Director | 5,728 | $995K | 173.72 | Too little history (no open-market trades in 2023–2025) |
| 2026-04-28 | Nair Balan | Director | 1,000 | $175K | 175.46 | Too little history (no open-market trades in 2023 or 2024) |
| 2026-04-28 | Winfrey Christopher L | President and CEO | 6,936 | $1.2M | 172.23 | Too little history (no open-market trades in 2023) |

## Analysts
Consensus Hold (mean 3.14 on a 1–5 scale), 21 analysts; mean target USD 173.17 (low 68, high 380).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-09-28 | Morgan Stanley | Target lowered | Equal-Weight | $150 → $140 |
| 2026-09-14 | Wolfe Research | Downgrade | Peer Perform → Underperform | $118 |
| 2026-07-29 | JP Morgan | Target lowered | Neutral | $200 → $150 |
| 2026-07-28 | Citigroup | Target lowered | Buy | $190 → $180 |
| 2026-07-27 | UBS | Target lowered | Neutral | $235 → $140 |
| 2026-07-27 | TD Cowen | Target lowered | Buy | $413 → $380 |
| 2026-07-27 | RBC Capital | Target lowered | Sector Perform | $160 → $150 |
| 2026-07-27 | Wells Fargo | Target lowered | Underweight | $160 → $101 |
| 2026-07-27 | Barclays | Target lowered | Underweight | $130 → $115 |
| 2026-07-20 | RBC Capital | Target lowered | Sector Perform | $220 → $160 |
| 2026-07-20 | JP Morgan | Target lowered | Neutral | $215 → $200 |
| 2026-07-14 | BNP Paribas | Target lowered | Underperform | $150 → $120 |

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-23) | 5Y (from 2021-10-18) |
|---|---|---|
| Total return | -54.2% | -84.7% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | -54.3% | -31.3% |
| Volatility (annualized) | 54.9% | 42.7% |
| Max drawdown | -58.8% (Oct 2025→Oct 2026) | -85.9% (Oct 2021→Oct 2026) |

## Peers (Telecom Services)
TU (Telus Corporation) USD 8.86 +5.73% · TIGO (Millicom International Cellular) USD 79.93 -2.11% · TLK (PT Telekomunikasi Indonesia, Tb) USD 12.21 +3.65% · RCI (Rogers Communication, Inc.) USD 33.2 +4.57% · BCE (BCE, Inc.) USD 20.81 +4.15% · VIV (Telefonica Brasil S.A.) USD 13.08 +1.24%

## More
Full page: https://nexqual.com/CHTR · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt

## Analyst estimates and revisions

| Period | EPS est. | 90d ago | Change | Revenue est. | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends 2026-09-30) | $8.94 | $10.14 | -11.8% | $14.94B | 5 |
| Next quarter (ends 2026-12-31) | $11.22 | $11.96 | -6.1% | $16.75B | 4 |
| Current fiscal year (ends 2026-12-31) | $40.36 | $41.61 | -3.0% | $58.89B | 6 |
| Next fiscal year (ends 2027-12-31) | $44.63 | $44.56 | +0.2% | $65.66B | 5 |