Comcast Corporation (CMCSA)
| Market Cap | 151.36B |
| Revenue (ttm) | 121.94B |
| Net Income (ttm) | 15.41B |
| Shares Out | 3.96B |
| EPS (ttm) | 3.78 |
| PE Ratio | 10.11 |
| Forward PE | 8.60 |
| Dividend | $1.24 (3.25%) |
| Ex-Dividend Date | Apr 2, 2024 |
| Volume | 18,400,009 |
| Open | 38.02 |
| Previous Close | 38.11 |
| Day's Range | 38.02 - 38.70 |
| 52-Week Range | 36.43 - 47.46 |
| Beta | 0.97 |
| Analysts | Buy |
| Price Target | 49.56 (+29.74%) |
| Earnings Date | Apr 25, 2024 |
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, sky-branded entertainment television networks, and advertising. The Business Services Connectivity segment offers connectivity services for small business locations, which include broadba... [Read more]
Financial Performance
In 2023, Comcast's revenue was $121.57 billion, an increase of 0.12% compared to the previous year's $121.43 billion. Earnings were $15.39 billion, an increase of 186.55%.
Financial StatementsAnalyst Forecast
According to 23 analysts, the average rating for CMCSA stock is "Buy." The 12-month stock price forecast is $49.56, which is an increase of 29.74% from the latest price.
News
Comcast pulls Bally Sports channels, imperiling US broadcaster's restructuring
Cable provider Comcast stopped broadcasting Bally Sports channels on Wednesday, taking some MLB games off the air and imperiling the bankruptcy restructuring of the sports channels' operating company.
Peacock's Price Hike Hints at Delicate Balancing Act for Streaming Platforms
Peacock, the streaming service owned by Comcast's NBCUniversal, continues to demonstrate strong appeal, with management revealing during a Thursday (April 25) Q1 earnings call that it added 3 million ...
Bally Sports regional networks go dark for Comcast cable customers
Carriage negotiations between Comcast and Diamond Sports broke down, leaving cable customers without access to Bally Sports regional networks during MLB season.
Comcast Advertising Releases Global Research on How Viewers Discover New TV Content as It Proliferates Across Screens to Help Content Owners Improve Discoverability
NEW YORK--(BUSINESS WIRE)--Today, Comcast Advertising released a report titled, Content Discovery in a Multiscreen TV World: Surfing and Scrolling in a Sea of Content. This new global report analyzes ...
Peacock Plans to Hike Subscription Prices (Again) Ahead of the Summer Olympics
Learn when the new prices for the streaming service will take effect.
Comcast's Peacock to raise streaming prices ahead of Paris Olympics
Peacock, a Comcast-owned NBCUniversal's streaming service, will raise prices of its premium and premium plus plans by $2 per month, as it looks to cash in on its streaming rights to the Olympic Games ...
3 Good Stocks to Buy with Your Tax Refund in 2024 (Or with Any Extra Money)
#Morningstar #ComcastStock #StockInvesting The stocks of these high-quality companies with predictable cash flows look undervalued today. 00:00 Introduction 00:49 Comcast CMCSA 01:19 U.S. Bancorp USB...
Comcast to Participate in J.P. Morgan Investor Conference
PHILADELPHIA--(BUSINESS WIRE)--Comcast Corporation (Nasdaq: CMCSA) announced that on Tuesday, May 21, 2024, Dave Watson, President and Chief Executive Officer of Comcast Cable, will participate in the...
Comcast to Participate in MoffettNathanson Investor Conference
PHILADELPHIA--(BUSINESS WIRE)--Comcast Corporation (Nasdaq: CMCSA) announced that on Tuesday, May 14, 2024, Brian L. Roberts, Chairman and Chief Executive Officer of Comcast Corporation, will particip...
Peacock raising prices by $2 a month ahead of Summer Olympics
Peacock is raising prices again, a year after its last price hike and just in time for the Summer Olympics.
Peacock streaming subscription prices to increase by $2 ahead of the Summer Olympics
Comcast's streaming service Peacock will see a price increase of $2 this summer.
Peacock Raising Prices By $2 A Month This Summer, Its Second Hike In Two Years
NBCUniversal is hiking the price of Peacock for the second time in two years, tacking $2 onto the cost of the streaming service this summer, around the time of the Paris Olympics. Beginning in July, t...
Comcast Announces New Xfinity Military Discount Program and $1 Million Commitment to Military-Serving Nonprofits
PHILADELPHIA--(BUSINESS WIRE)--Today, Comcast Corporation built on its long-standing commitment to veterans, service members, and their families with the introduction of several new initiatives. Timed...
Xfinity-Comcast Customers Eligibility for Compensation Following Recent Data Breach (NASDAQ:CMCSA)
NEW YORK, NY / ACCESSWIRE / April 26, 2024 / Xfinity/Comcast (NASDAQ:CMCSA) recently suffered a massive data breach affecting more than 35.8 million Xfinity customers. Personal information such as use...
Comcast's Brian Roberts Sees $35M Pay Package In 2023; Compensation For Liberty Media & AMC Networks CEOs Set As Last Proxies Trickle In
Comcast said chairman and chief executive Brian Roberts' pay package for 2023 totaled $35.47 million, up from $32 million the year before. It included a $2.5 million base salary, stock awards valued a...
Net neutrality restored as FCC votes to again regulate internet providers
SAN FRANCISCO — The FCC on Thursday restored “net neutrality” rules that prevent broadband internet providers such as Comcast CMCSA, -5.82% and AT&T T, -1.37% from favoring some sites and apps over ot...
Comcast revenue boosted by streaming growth at Peacock — but shares plunge 5%
Broadband market continues to be a challenge for Comcast, with stiff competition from telecom operators such as T-Mobile and Verizon that are gaining market share.
Why Comcast Stock Is Tumbling Despite an Earnings Beat
Comcast (CMCSA) beat analyst estimates for first-quarter revenue and profit Thursday but shares fell as cable and broadband subscriber numbers continued to decline.
Comcast beats earnings estimates even as it sheds more broadband subscribers
CNBC's Joe Kernen reports on the company's quarterly earnings results.
Comcast earnings beat expectations as Peacock losses narrow
Comcast Corp. scored a profit beat for the latest quarter, and that seemed to be overshadowing another drop in broadband subscribers.
Comcast Edges Wall Street Q1 Estimates; Peacock Reaches 34M Subscribers As Its Losses Continue To Narrow And Revenue Tops $1B
Comcast reported first quarter results that outpaced Wall Street expectations, with Peacock reaching 34 million subscribers but seeing higher programming costs erode profits in the Media unit. Total r...
Comcast Earnings Top Estimates on a Rise in Peacock Subscribers
Comcast says Peacock revenue in the first quarter increased 54% to $1.1 billion, while paid subscribers jumped 55% to 34 million.
Comcast tops revenue estimates on streaming growth, strong park attendance
Comcast beat quarterly revenue estimates on Thursday driven by higher-than-expected subscriber growth at its Peacock streaming service and strong attendance at its theme parks.
Comcast Reports 1st Quarter 2024 Results
PHILADELPHIA--(BUSINESS WIRE)--Comcast Corporation (NASDAQ: CMCSA) today reported results for the quarter ended March 31, 2024. “Our team is continuing to execute exceptionally well in a dynamic and c...
Comcast is set to report earnings before the bell. Here's what Wall Street expects
Comcast will report first-quarter earnings before the bell. Wall Street will be paying attention to broadband and Peacock subscriber numbers.