Liberty Broadband (LBRDK) Projected to Post Earnings on Thursday

Liberty Broadband (NASDAQ:LBRDK) will likely be releasing its earnings data before the market opens on Thursday, February 27th. Analysts expect Liberty Broadband to post earnings of $3.67 per share and revenue of $252.50 million for the quarter. Investors interested in registering for the company’s conference call can do so using this link.

Liberty Broadband Stock Down 2.3 %

LBRDK stock opened at $80.48 on Wednesday. Liberty Broadband has a twelve month low of $46.46 and a twelve month high of $101.50. The company has a market cap of $11.50 billion, a price-to-earnings ratio of 14.82 and a beta of 1.04. The company has a quick ratio of 2.07, a current ratio of 2.07 and a debt-to-equity ratio of 0.40. The business has a 50 day moving average price of $77.74 and a two-hundred day moving average price of $76.87.

Analyst Ratings Changes

Separately, StockNews.com initiated coverage on shares of Liberty Broadband in a report on Tuesday. They set a “sell” rating on the stock.

Insider Buying and Selling

In other Liberty Broadband news, CEO Gregory B. Maffei sold 125,000 shares of the firm’s stock in a transaction on Wednesday, December 18th. The stock was sold at an average price of $79.74, for a total transaction of $9,967,500.00. Following the completion of the sale, the chief executive officer now owns 1,435,256 shares of the company’s stock, valued at $114,447,313.44. This trade represents a 8.01 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 10.80% of the stock is currently owned by corporate insiders.

Liberty Broadband Company Profile

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.