Share Name Share Symbol Market Type Share ISIN Share Description
Inmarsat Plc LSE:ISAT London Ordinary Share GB00B09LSH68 ORD EUR0.0005
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +13.50p +2.85% 486.90p 487.00p 488.00p 494.40p 471.40p 473.60p 4,889,806 16:35:15
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mobile Telecommunications 1,076.2 242.3 43.7 12.0 2,228.34

Inmarsat (ISAT) Latest News (4)

More Inmarsat News
Inmarsat Takeover Rumours

Inmarsat (ISAT) Share Charts

1 Year Inmarsat Chart

1 Year Inmarsat Chart

1 Month Inmarsat Chart

1 Month Inmarsat Chart

Intraday Inmarsat Chart

Intraday Inmarsat Chart

Inmarsat (ISAT) Discussions and Chat

Inmarsat Forums and Chat

Date Time Title Posts
22/11/201720:13Inmarsat...a new issue that is profitable, with a decent yield.2,577

Add a New Thread

Inmarsat (ISAT) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2017-11-22 17:11:38485.882,98414,498.79O
2017-11-22 17:11:38473.123,62717,159.95O
2017-11-22 17:11:38473.129084,295.91O
2017-11-22 17:11:38485.8811,94058,014.53O
2017-11-22 17:11:38485.0410,41050,492.37O
View all Inmarsat trades in real-time

Inmarsat (ISAT) Top Chat Posts

Inmarsat Daily Update: Inmarsat Plc is listed in the Mobile Telecommunications sector of the London Stock Exchange with ticker ISAT. The last closing price for Inmarsat was 473.40p.
Inmarsat Plc has a 4 week average price of 470p and a 12 week average price of 470p.
The 1 year high share price is 865p while the 1 year low share price is currently 470p.
There are currently 457,659,212 shares in issue and the average daily traded volume is 3,663,173 shares. The market capitalisation of Inmarsat Plc is £2,228,342,703.23.
wskill: DB dumping their holding when ISAT share price was at its lowest ebb have not been helpful with a fair wind we can now move back upwards.
ncnd: Remember Sepura share price and their dividend yield ?
dexdringle: March 2017 HSBC target £8.50 July 2017 HSBC target £8.20 14 November 2017 HSBC target £7.20 15 November 2017 HSBC target £5.70 Basically, they are saying they have no idea really so will keep changing their 'view' to match the share price. Idiots
steeplejack: It's a question of priorities and frankly I don't see that it's a priority to maintain the dividend that currently provides a yield of well over 8%.The priority is to grow the business and fund capex to gain a real foothold in a growth market.As I've mentioned before,even if they equalised the interim and final payments,cutting the final by a third,the yield would still be around 6.6%.The dividend is uncovered for the foreseeable future,that's the key.The yield is of little consequence in itself,if the share price was double the current level and the shares yielded a well above average of 4.25% ,the cash flow draining dividend would remain a concern.The management only woke up to the fact that they were paying an overly generous dividend quite recently.Unquestionably,bad planning.Companies,like Indivior (admittedly a very different company in a different market ) decided to stop all dividend payments to grow the business a year or so back.You might like to check out that share's performance since,as volatile as it is.
steeplejack: Of course the share price has no influence on the dividend.Yet the share price and the inferred rating is a function of the outlook for the company,cash flow projections etc.The market is suggesting (as reflected by the share price) that the dividend could be cut,it's NOT saying it should be cut,it's suggesting that circumstances might will determine that it could happen.Anyway,I'm off to look at other stocks in my portfolio.Its not that I hold many of these anyway,it just fascinates when a stock falls off a cliff .Failure is often a more salutary lesson than success in the field of investment.
steeplejack: Come the final dividend,it might be the company decides to cut.The most appropriate option might be to equalise the final with the interim payment,cutting the final by a third to 21.6us.This would give a total years payment of around 33p at current xrates.Thus,at around 5 quid the shares would be on a prospective yield of around 6.6%Whether the company cuts or not remains speculative but the share price is certainly discounting such an eventuality.5 quid is probably the bottom given the yield support offered even on the assumption of a slashed final distribution.
undervaluedassets: the share price performance to date had suggested huge trouble .. that assessment looks badly overdone now. ..
bookbroker: Why front-run the share price, above posters have as much grasp as to where the price here is going as Thomas the Turtle!
eipgam: from the Alliance Trust newsletter... Inmarsat dividend to return to earth Yield still worth the risk despite growth threat Steven Frazer Shareholders in Inmarsat (ISAT) could face a payout freeze as the company grapples with investing for long-term growth versus bumpy free cash flow. The satellites network operator has increased its dividend payment by more than 4% in each of the past five years, with double-digit increases in two of those financial periods. Since 2013 free cash flow (FCF) has bobbed between $81m and $298.9m. It is anticipated to deliver $96.3m for 2016. Consensus forecasts for 2017 through to 2019 show free cash flow of $24.4m, $109.6m and $111.2m respectively. Dividends will cost the company between $245m and $264m per year over the same three years. ‘We believe that the market is pricing in continued growth in the dividend near-term,’ note UBS analysts Michael Hill and Polo Tang. ‘In our base-case scenario we expect Inmarsat – possibly at full year 2016 results – to stop growing the dividend until it is covered by equity free cash flow (EFCF).’ EFCF is calculated by adding net income, depreciation and amortisation and net borrowings together, then stripping out capital expenditure and working capital. ‘We believe this change in the dividend policy will allow Inmarsat to invest in its substantial long-term opportunities and avoid pressuring the balance sheet while EFCF generation is limited and uncertain,’ comment Hill and Tang. Growing pains Inmarsat has endured a tough past year with a patchy operating performance sparking increasing concerns over financing costs of its near $1.8bn net debt. The share price has almost halved since the start of 2016 to 638p. Headline trading showed some improvement during the third quarter to 30 September 2016. Revenue and EBITDA (earnings before interest, tax, depreciation and amortisation) increased 5.8% and 14% to $342m and $205m respectively, although almost all of the growth was down to its Ligado networks joint venture in the US (previously called LightSquared). There has been some improvement. Contracts with government agencies have increased modestly while Inmarsat’s aviation side has seen a swathe of agreements over the past three or four months. It has been signing airlines to its Global Xpress fleet to supply inflight broadband internet access. But the enterprise division continues to go backwards as does its maritime arm, worth 45% of group revenues. The latter ‘continues to be hindered by a sustained recession in the global shipping industry,’ according to analysts. Shares says: "Even if the payout is frozen the forward income yield would still stand out at 6.6%. On balance that looks attractive even if sentiment may make for a bumpy share price through 2017. "
Inmarsat share price data is direct from the London Stock Exchange
Your Recent History
Gulf Keyst..
FTSE 100
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P:30 V: D:20171123 05:52:16