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Qurate Retail, Inc. (QRTEP)

NasdaqGS - NasdaqGS Real-time price. Currency in USD
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66.94-1.50 (-2.19%)
At close: 04:00PM EDT
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  • T
    Turbo
    May 18, 2022--Qurate Retail, Inc. declared the regular quarterly cash dividend payable to holders of its 8.0% Series A Cumulative Redeemable Preferred Stock. The per share amount of the quarterly cash dividend will be $2.00, payable in cash on June 15, 2022 to stockholders of record of the Preferred Stock at the close of business on May 31, 2022.
  • W
    Waleed
    With sales of $14B and over $1B in FCF. Enterprise value should be atleast $12B of which $7B is debt, $1B preferred equity, and $4B common equity. Very undervalued with potential to benefit from capital structure by capitalizing on cheap debt due after more than 10 years. By then inflation alone is sufficient to make it easy to pay off the debt.
  • D
    Darr
    The words "declined" and "decreased" appeared WAY too many times in quarterly report.
  • P
    Proprietor
    So are they going to pay the dividend in May, or not?
  • D
    DOS Prompt
    What % of decreased earnings is attributable to the Fire?
    What % is attributable to Supply Chain problems?
    What % is attributable to a general market downturn?
    They still managed to pull in large revenues in the qtr.
    X-div is two weeks away for QRTEP and that will be $2.00 on a $64 preferred. (12.5%/ yr)
    Over the weekend Malone will have a few chats with heavy Hitters, including Mario G. and they will be buying on Monday. Malone ain't gonna let this golden goose go. The business model is still good, the problems are external and fixable, in the next qtr.
  • P
    Pat
    Could one of the rose-colored glasses blogidents explain how more debt than company is a good thing? I mean we're not talking about a start-up company.
  • T
    Turbo
    I see a large drop in the price of the preferred today (May 6th). I wonder if the dividend on the preferred stock is going to be suspended?
  • R
    Rafael
    "We don't believe this quarter's results reflect the long-term underlaying health of our businesses". I agree.
  • c
    contrarian
    Trading at roughly a 5% free cash flow yield or normalized PE ratio of 2, plus you've got Malone and Maffei at the helm. Doesn't look like a bad deal.
  • w
    william
    8.77 billion in debt no free rides now
  • m
    martin
    Crazy volume...company buying shares?
  • W
    Waleed
    Qurate is a portfolio of good brands that will emerge stronger in a stagflationary environment.
    I expect an annual dividend of $1 starting at end of 2025, growing at 4%, and a 15% required return. This gives a fair value of QRTEA is $6.30. Assuming dividends start in 2026, growing at 2% only, and a 17% required return, fair value is $4.
    This is a good value stock with much potential. Good time to buy because the case scenario can only get better. Required return will decrease with leverage and as market and stock consolidate and this company has growth potential.
  • P
    Pat
    Who wants to place bets on when they will file for bankruptcy?

    I'm going for June 1st.
  • S
    StockTwitter
    Just waiting on the insurance money. Fires can mean a pocketful of cash - watch for insider buying
  • c
    c
    Glad that I sold out in the low teens.
  • A
    Annoreno
    Have you guys ever heard of (http://Themaxgains.tech)? The picks on there are way better than QRTEP
  • R
    Ron
    They don't want to rebuild their most productive facility? My mind means biz is permanently damaged. No confidence in name until I see insiders make large open market purchases.
  • R
    Rafael
    Undervalued stock.
  • S
    Steve
    Over the long term, I have never lost money owning preferred shares.....typical to hold $150,000 to $100,000 at any one time of various preferred stocks in my portfolio. This piece of #$%$ might break the cycle....I bought it just before the fire, not my lucky day. My fortunate lucky choice was only to buy 100 shares that day at $102.92 . I can hold until they call them off the market and get $100 back per share.Probably 90% of the stuff they sell on TV is made in China....this brand got punched square in the eye twice?To my investor friends, this is the reason you never have all your eggs in one basket.....my investing rules are always stop at 3% of your portfolio invested in any single stock position, and usually I stop at 2%. This was, and continues to be a bad pick unless someone like AMAZON decides to buy them out? I think it would be a great venue for AMAZON to sell all of their returned goods. They get back ton's of mdse. ....somewhere there is a business in that marriage.
  • W
    Waleed
    If you not trading options on your shares, then QRTEP, QVCC, and QVCD maybe better alternatives for you than QRTEA