• Return to Headlines

Shares of Discovery Comm-A Rank the Lowest in Terms of Return on Equity in the Broadcasting Industry (DISCA, DISCK, HMTV, MEG, TSQ)

By Amy Schwartz

Below are the three companies in the Broadcasting industry with the lowest return on equity. The ROE is a general indication of the company's efficiency; investors usually look for companies with ROEs that are high and are growing.

Discovery Comm-A ranks lowest with a ROE of -1,143.7%. Discovery Comm-C is next with a ROE of -1,143.7%. Hemisphere Media ranks third lowest with a ROE of -528.7%.

Media General follows with a ROE of -442.3%, and Townsquare Med-A rounds out the bottom five with a ROE of -290.8%.

SmarTrend recommended that its subscribers protect gains by selling shares of Hemisphere Media on May 30th, 2019 by issuing a Downtrend alert when the shares were trading at $13.78. Since that call, shares of Hemisphere Media have fallen 9.5%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: lowest return on equity discovery comm-a discovery comm-c hemisphere media :meg media general townsquare med-a

Ticker(s): DISCA DISCK HMTV TSQ