Comcast Corporation (CMCSA)
| Market Cap | 186.44B |
| Revenue (ttm) | 120.61B |
| Net Income (ttm) | 6.51B |
| Shares Out | 4.12B |
| EPS (ttm) | 1.57 |
| PE Ratio | 28.85 |
| Forward PE | 11.16 |
| Dividend | $1.16 (2.56%) |
| Ex-Dividend Date | Oct 3, 2023 |
| Volume | 9,204,703 |
| Open | 45.56 |
| Previous Close | 45.70 |
| Day's Range | 45.26 - 45.84 |
| 52-Week Range | 28.39 - 47.46 |
| Beta | 0.99 |
| Analysts | Buy |
| Price Target | 48.41 (+6.87%) |
| Earnings Date | Oct 26, 2023 |
About CMCSA
Comcast Corporation operates as a media and technology company worldwide. It operates through Residential Connectivity & Platforms, Business Services Connectivity, Media, Studios, and Theme Parks segments. The Residential Connectivity & Platforms segment provides residential broadband and wireless connectivity services, residential and business video services, advertising sales, and Sky channels. The Business Services Connectivity segment offers connectivity services for small business locations, which include broadband, voice, and wireless ser... [Read more]
Financial Performance
In 2022, Comcast's revenue was $121.43 billion, an increase of 4.33% compared to the previous year's $116.39 billion. Earnings were $5.37 billion, a decrease of -62.07%.
Financial StatementsAnalyst Forecast
According to 23 analysts, the average rating for CMCSA stock is "Buy." The 12-month stock price forecast is $48.41, which is an increase of 6.87% from the latest price.
News
Tentative deal reached to end Hollywood writers strike, union says
LOS ANGELES — Union leaders and Hollywood studios reached a tentative agreement Sunday to end a historic screenwriters strike after nearly five months, though no deal is yet in the works for striking ...
Striking Hollywood writers reach tentative deal with studios
Hollywood writers reached a tentative labor agreement with major studios on Sunday, the Writers Guild of America said, a deal expected to end one of two strikes that have halted most film and televisi...
Hollywood writers and studios reach tentative deal to end strike after nearly 150 days
Talks between the Writers Guild of America and the Alliance of Motion Picture and Television Producers resumed this week after months of starts and stops.
NBCUniversal names insider Rick Cordella president of sports division
Comcast's NBCUniversal on Friday appointed veteran executive Rick Cordella as president of its sports division.
Comcast Corporation Names Rocky Gupta Executive Vice President and Treasurer
PHILADELPHIA--(BUSINESS WIRE)--Comcast Corporation today announced it has named Rocky Gupta as Executive Vice President and Treasurer of the company. He joins Comcast from General Motors where he rece...
Comcast to Host Third Quarter 2023 Earnings Conference Call
PHILADELPHIA--(BUSINESS WIRE)--Comcast Corporation will host a conference call with the financial community to discuss financial results for the third quarter on Thursday, October 26, 2023, at 8:30 a....
Comcast Announces $250,000 Grant to Fund Digital Navigators at 26 Chicago Public Library Branches, Plans to Donate 1,000 Laptops to 10 City Non-profits
CHICAGO--(BUSINESS WIRE)--Comcast Announces $250,000 Grant to fund Digital Navigators at 26 Chicago Public Library branches.
Third Class of Comcast NBCUniversal SportsTech Accelerator Secures 25 Business Deals with Consortium Partners
PHILADELPHIA--(BUSINESS WIRE)--Comcast today announced that the 10 companies chosen for the third class of the Comcast NBCUniversal SportsTech Accelerator, powered by Boomtown, have secured 25 pilots,...
Comcast Promotes Meena Soleiman to Senior Vice President Technical Operations and Engineering of Comcast Cable's Northeast Division
MANCHESTER, N.H.--(BUSINESS WIRE)--Comcast announced it has promoted Meena Soleiman to Senior Vice President of Technical Operations and Engineering for Comcast Cable's Northeast Division. Soleiman wi...
AT&T and Comcast Join 5G Open Innovation Lab's Innovation Ecosystem as Founding Partners
BELLEVUE, Wash.--(BUSINESS WIRE)--5G Open Innovation Lab (5G OI Lab) announced today that international telecommunication leaders AT&T and Comcast have joined its innovation ecosystem. The Lab also an...
T-Mobile to buy up to $3.3 billion in spectrum from Comcast
T-Mobile U.S. Inc. TMUS, -0.11% on Tuesday said that it would buy spectrum from Comcast Corp. CMCSA, -0.15% for between $1.2 billion and $3.3 billion in cash in a license purchase agreement. The telec...
Comcast's Sky appoints Barny Mills as Sky Deutschland CEO
Comcast's European pay-TV company Sky said on Tuesday it had appointed Barny Mills as the chief executive of Sky Deutschland, replacing Devesh Raj who is moving to Britain to become chief operating of...
Xfinity Stream app crashes for many just as new NFL season kicks off
Comcast Corp.'s Xfinity Stream app suffered an untimely outage Sunday, crashing around much of the U.S. just as the NFL season kicked off.
COMMUNITY COLLEGE OF BALTIMORE COUNTY LAUNCHES DIGITAL NAVIGATOR PROGRAM TO DRIVE INTERNET ADOPTION, SUPPORTED BY $150,000 COMCAST GRANT
Partnership Trains CCBC Students to Help Drive Awareness and Adoption of the Affordable Connectivity Program (ACP)and Build Digital Skills BALTIMORE , Sept. 7, 2023 /PRNewswire/ -- Comcast and the Com...
Comcast, Disney move up date for Hulu deal
Hulu had 48.3 million subscribers at the end of the most recent quarter, compared with 24 million paid subscribers for Peacock and 105.7 million global subscribers for Disney+.
Comcast, Disney move up deadline to decide Hulu future ownership
Comcast and Disney have been in discussions regarding Hulu's valuation.
Comcast extends date for Hulu deal with Disney to Sept 2024
Comcast has extended the date for the sale or purchase of its remaining stake in Hulu to Disney to Sept. 30 next year, CEO Brian Roberts said on Wednesday.
COMCAST AWARDS $110,000 TO SUPPORT DIGITAL EQUITY AND BROADBAND ADOPTION EFFORTS ACROSS WESTERN MASSACHUSETTS
The Urban League of Greater Springfield, the Boys & Girls Club of Greater Holyoke and the Western Massachusetts Alliance for Digital Equity all Receive Grants SPRINGFIELD, Mass. , Sept. 6, 2023 /PRNew...
NFL games are shifting away from traditional TV. Are you ready to stream some football?
The NFL season, which kicks off Thursday, will see more games exclusively on streaming services as media companies invest more outside of traditional TV.
Disney's feud with Spectrum owner Charter slams entertainment stocks
Disney blocked its cable channels, including ESPN and ABC, from being shown on Charter's Spectrum network after the two companies failed to secure a distribution agreement.
US entertainment shares slide as Disney, Charter squabble over cable fees
Shares of several U.S. entertainment companies including Fox Corp and Warner Brothers Discovery Inc were dragged down on Friday by a dispute between media heavyweight Disney and cable provider Charter...
Comcast NBCUniversal Donates $250,000 in Cash and In-Kind to Support Hurricane Idalia Relief Efforts in Florida
ATLANTA--(BUSINESS WIRE)--COMCAST NBCUNIVERSAL DONATES $250,000 IN CASH AND IN-KIND TO SUPPORT HURRICANE IDALIA RELIEF EFFORTS IN FLORIDA.
AFRO TV to broadcast The 16th Headies Awards Show on Comcast Xfinity and NOW TV
ORLANDO, Fla.--(BUSINESS WIRE)-- #16thheadies--AFRO TV to broadcast The 16th Headies Awards Show, the most esteemed Afrobeats music awards ceremony on Comcast Xfinity and NOW TV.
NBCUniversal makes Mark Marshall permanent ad chief
NBCUniversal named Mark Marshall chairman of global advertising and partnerships Wednesday, making permanent a role he has filled since becoming interim chairman in May, when ad chief Linda Yaccarino ...
Comcast Opens Free Xfinity WiFi Hotspots as Hurricane Idalia Approaches
SAVANNAH, Ga. & CHARLESTON, S.C.--(BUSINESS WIRE)--Comcast Opens Free Xfinity WiFi Hotspots as Hurricane Idalia Approaches.