How To Buy Discovery Stock

You can buy Discovery shares with one of the brokers below depending on the type of trading you wish to conduct. You can buy Discovery shares with a broker like Etoro or you can trade Discovery CFDs with XTB you can begin trading Discovery shares right away.

Broker XTB eToro Plus500 FXPrimus Admiral FP Markets
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Used By 250,000+ 10,000+ 15,500+ 10,000+ 10,000+ 10,000+
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Scroll down to read our indepth article on How To Buy Discovery Stock. What you should know, Types of trading Discovery Stock and CFD's. Pros and Cons, everything is explained below.

How To Buy Discovery Stock Table of Contents

Discovery Financial Details

Financial Details

Discovery Stock symbol DISCA
Discovery Sector and Industry Communications Media
Discovery Exchange NASDAQ - National Association of Securities Dealers Automated Quotations exchange
52 Week High $33.66
52 Week Low $25.9
Discovery Market Capitalisation $14,957,788,781.00
Discovery Average Volume 3,468,840.00
Discovery PE 11.41
Discovery EPS 2.59
Stock Currency USD

Overview of Discovery

Discovery, Inc. provides non-fiction entertainment. The Company operates a wide range of educational television channels, as well as offers consumer and educational products and services and a diversified portfolio of digital media services. Discovery serves customers worldwide.

Discovery is an American Communications Media company currently traded on the National Association of Securities Dealers Automated Quotations exchange (NASDAQ).

Discovery trades under the stock symbol DISCA on the NASDAQ.

Discovery shares are traded in USD.

Discovery has a current share price of $29.44 USD dated 31/01/2020.

The highest Discovery share price over the last 52 weeks was $33.66 USD and its lowest price over the last 52 weeks was $25.9 USD. That is a 52 week price range of $25.9 - $33.66.

Discovery Trading Volume and PE

Discovery currently has 158,140,000.00 active shares in circulation traded through the NASDAQ exchange.

Discovery market capitalization is $14,957,788,781.00 with an average daily trading volume of 3,468,840.00 shares.

Trading volume is the amount a security that was traded during over a certain duration. When talking about shares volume refers to the number of shares that have been bought and sold during a given day.

Discovery has a Price Earning Ratio ( PE ) of 11.41 and earning per share ( EPS ) of 2.59. Generally speaking Discovery having a high P/E ratio means that Discovery investors forsee increased growth with Discovery in the future. The current average market P/E ratio is roughly 20 to 25 times earnings. Companies that are losing money do not have a P/E ratio.

Discovery earnings per share is Disney company profit that's allocated to every Discovery common stock. Earnings per share is calculated by taking the difference between Discovery's net earnings and dividends paid for preferred stock and then dividing that amount by the average amount of Discovery shares outstanding.

Discovery Financial Charts

Financial Details

Discovery Information

Discovery Location & Contact Information

Address 1 Discovery Place Silver Spring, MD 20910 United States
Phone Number 1-240-662-2000
Website URL corporate.discovery.com

Discovery Executives and Board Members

President/CEO David M Zaslav
Chief Financial Officer Dr Gunnar Wiedenfels
Chief Development & Distribution Officer Bruce L Campbell
Discovery Board Member Robert J Miron
Discovery Board Member Dr John C Malone
Discovery Board Member Paul A Gould

How To Buy Discovery Stock Guide

Buying Discovery Stocks and CFDs

When investing in Discovery you have several options as to what type of investment you wish to conduct. You can buy traditional Discovery shares with one of our listed brokers or you can trade what is known as CFDs or contracts for difference.

We explain in detail the difference between buying Discovery shares with stock brokers and trading Discovery with CFDs below.

Discovery CFD Trading vs Traditional Share Dealing

CFD trading is quite much like stock trading except when you exchange a CFD you do not actually own any Discovery stock.

If you buy Discovery shares with a stock broker you actually own a share of Discovery. When you trade a contract for difference (CFD) you have an agreement with your CFD broker and are speculating that the Discovery price will change up or down.

Lets explain why you would buy Discovery as a CFD instead of as a share.

If you went and brought 100 Discovery shares at $100 a share with a stock broker you own $1000 of Discovery.

The main difference when trading Discovery as a CFD and buying Discovery as a share is contracts for difference offer increased leverage.

Contracts for difference are traded on margin which means to have $1000 invested in Discovery you would not need to invest the full amount as you would with a stock broker. You could invest a fraction of the amount ( known as the CFD margin ) with a CFD to hold a similar position in Discovery. Trading an Discovery CFD allows investors to hold larger positions than their invested amount. Be aware that although investing in an Discovery CFD like this amplifies any potential profit. It always exaggerates your potential losses which may exceed your amount invested.

If you invested in an Discovery share with a stock broker you would only lose the amount you invested as you pay the total cost of your position to your broker upfront. There is no leverage.

What CFDs allow you to do is profit from both the rise and fall in the Discovery share price. An Discovery CFD long would be hoping to profit from a rise in the Discovery share price. An Discovery CFD short would be aiming to profit from a fall in the Discovery stock price. Trading CFDs allows traders to profit from both directions of the Discovery price on the financial exchange. Giving traders greater chance to move with the financial markets.

With traditional Discovery shares you can only profit from a rise in the Discovery stock price.

Discovery CFD and Stock Market Times

When trading in traditional Discovery shares you are limited to when the stock exchange is open. You can only buy and sell with your broker when the market is open.

With CFD trading you can deal 24/7 around the clock.

Buying Discovery Shares with a Broker

Buying shares with a stock broker limits your risk to your initial investment as stock brokers require you to pay for the total amount of your investment. Stock brokers offer no leverage or loans when buying Discovery stock. This limits your risk to your initial amount invested in Discovery. You can only lose the amount invested with traditional Discovery shares. Another benefit of buying Discovery shares with a broker is that you may be eligible to receive Discovery company dividends if applicable.

If you Invest in Discovery via a CFD you have no shareholder privileges as you don't actually own any underlying assets in Discovery. If you buy Discovery stock with a broker you may receive shareholder perks and benefits. There are certain requirements to be eligible for some of these Discovery benefits as in owning a certain amount of stock for a set period.

If you own shares in Discovery you may be eligible to voting rights at Discovery shareholder general meetings.

Discovery Shares and CFDs and Tax

You should confirm with your local tax office but CFDs are free from stamp duty. When trading CFDs losses can be offset against profits when submitting your tax return.

Investment in Discovery Stocks and shares are only exempt from tax if the Discovery shares were brought through an ISA ( Individual Savings Accounts ) or SIPP ( Self Invested Personal Pensions ).

Should I trade Discovery Stocks and Shares or Discovery CFDs?

There are pros and cons to trading in both Discovery Stocks and CFDs. Which is better depends on each investor and a few factors.

Investing in Discovery stocks and shares is better suited for long term investments. Historically Discovery shares provide better returns over the long term, usually a 10 year period.

Discovery CFD trading is more suited to intra day and mid term traders. Wth intra day trading on an Discovery share investors aim to profit on the fluctuating highs and lows of the Discovery price throughout the day. Day trading as you can imagine focuses on profiting from the daily Discovery stock price change.

CFD traders monitor live price movements by using real-time charts in an attempt to profit from live price movements.

Both types of trading have different benefits and risks. Make sure you have a good understanding of what you are doing before you invest.

With CFD trading as you can short or long an Discovery stock you can hedge a trade against another trade.

A hedge is an investment that protects the money you have invested from risk. Traders hedge to minimize or offset a loss in value of an Discovery share price for example to a known amount.

Example Cost of Buying Discovery as a CFD Trade and Shares Side by Side

*All values below are estimates and are for illustrative purposes only. Please visit a broker for correct prices.

CFD and Share deals differ from broker to broker so check you are aware of the actual costs with your brokers.

Discovery CFD trade example Discovery Share deal example
Market price $29.44 $29.44
Broker Deal Invest $5.888 at 1:5 Margin (20%) Buy at $29.44 a share
Deal size 100 shares 100 shares
Initial outlay

$588.8

(Margin = exposure x 20% margin factor)

$2944

(100 shares at $29.44)
Stamp duty No £20
Close price Sell at $35.328 Sell at $35.328
Estimated Profit

(5.888 point increase x 100 shares = $588.8)

*Not including commission fees and taxes

($3532.8 - $2944 = $588.8)

*Not including commission fees and taxes
Trade Discovery CFDs now with XTB Trade Discovery Shares now with Etoro

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Our brokerage comparison table below allows you to compare the below features for brokers offering Discovery shares and CFDs.

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