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S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
Bear Market Funds to Watch This Year
Shares of Walmart-backed Ibotta soar on public debut
Closing prices for crude oil, gold and other commodities
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
Bear Market Funds to Watch This Year
Shares of Walmart-backed Ibotta soar on public debut
Closing prices for crude oil, gold and other commodities
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
Bear Market Funds to Watch This Year
Shares of Walmart-backed Ibotta soar on public debut
Closing prices for crude oil, gold and other commodities
NASDAQ:TSAT

Telesat (TSAT) Stock Price, News & Analysis

$7.44
+0.31 (+4.35%)
(As of 04/18/2024 ET)
Today's Range
$7.16
$7.44
50-Day Range
$7.13
$9.97
52-Week Range
$6.90
$22.75
Volume
4,578 shs
Average Volume
68,698 shs
Market Capitalization
$95.31 million
P/E Ratio
0.88
Dividend Yield
N/A
Price Target
N/A
TSAT stock logo

About Telesat Stock (NASDAQ:TSAT)

Telesat Corporation, a satellite operator, provides mission-critical communications solutions to broadcast, enterprise, and consulting customers worldwide. The company's satellite-based services allow direct-to-home (DTH) service providers to deliver television programming, audio, and information channels directly to customers' homes; and enables broadcasters, cable networks, and DTH service providers to transmit television programming services. It offers value-added services that include satellite capacity, digital encoding of video channels, authorization, and uplinking and downlinking services; and occasional use services for the broadcast of video news, sports, and live event coverages. The company also provides satellite capacity and end-to-end services comprising space segment services and terrestrial facilities for enterprise connectivity, and internet and cellular backhaul; rural telephony to telecommunications carriers and network services integrators; and other satellite services. In addition, it offers direct-to-consumer broadband services; communications services for the oil and gas and mining industries; and broadband communication services to maritime and aeronautical markets comprising commercial airplanes and vessels. Further, the company operates satellite and hybrid satellite/terrestrial networks. Additionally, it provides satellite operator services; and consulting services related to space and earth segments, government studies, research and development, and satellite control services. The company offers its services primarily through a direct sales force. As of December 31, 2020, it operated a fleet of 15 in-orbit geostationary satellites and a Canadian payload on the ViaSat-1 satellite. The company was founded in 1969 and is headquartered in Ottawa, Canada. Telesat Corporation is a subsidiary of Loral Space & Communications Inc.

TSAT Stock Price History

TSAT Stock News Headlines

Telesat (NASDAQ:TSAT) Shares Up 1.3%
New crypto project uncovers 2,050% in 65 days
During the event on Tuesday, April 23 at 10 am ET, I’ll be giving away the name and ticker symbol of crypto that could surge in price. I believe it will be the best performing crypto of 2024.
Telesat Full Year 2023 Earnings: EPS Beats Expectations
Telesat Fourth Quarter 2023 Earnings Conference Call
TSAT Oct 2024 12.500 call
New crypto project uncovers 2,050% in 65 days
During the event on Tuesday, April 23 at 10 am ET, I’ll be giving away the name and ticker symbol of crypto that could surge in price. I believe it will be the best performing crypto of 2024.
TSAT Apr 2024 10.000 call
TSAT Mar 2024 10.000 call
Telesat: Top 10 Undervalued Hardware Industry Stocks (TSAT)
Telesat Corporation
Telesat Corp Class A TSAT
Telesat Corp Class A
See More Headlines
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Company Calendar

Today
4/18/2024
Next Earnings (Estimated)
5/09/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Communication services, not elsewhere classified
Sub-Industry
N/A
Current Symbol
NASDAQ:TSAT
Employees
N/A
Year Founded
N/A

Profitability

Net Income
$116.39 million
Pretax Margin
95.56%

Debt

Sales & Book Value

Annual Sales
$704.16 million
Cash Flow
$10.19 per share
Book Value
$138.78 per share

Miscellaneous

Free Float
7,606,000
Market Cap
$95.27 million
Optionable
Optionable
Beta
2.08
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TSAT Stock Analysis - Frequently Asked Questions

How have TSAT shares performed in 2024?

Telesat's stock was trading at $10.43 at the start of the year. Since then, TSAT stock has decreased by 28.7% and is now trading at $7.44.
View the best growth stocks for 2024 here
.

When is Telesat's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024.
View our TSAT earnings forecast
.

What ETFs hold Telesat's stock?

ETFs with the largest weight of Telesat (NASDAQ:TSAT) stock in their portfolio include Simplify Propel Opportunities ETF (SURI).Procure Space ETF (UFO).

What guidance has Telesat issued on next quarter's earnings?

Telesat issued an update on its FY 2024 earnings guidance on Thursday, March, 28th. The company provided EPS guidance of for the period. The company issued revenue guidance of $403.7 million-$418.5 million.

How do I buy shares of Telesat?

Shares of TSAT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:TSAT) was last updated on 4/19/2024 by MarketBeat.com Staff

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