Comcast Corporation (CMCSA)
| Market Cap | 154.18B |
| Revenue (ttm) | 121.94B |
| Net Income (ttm) | 15.41B |
| Shares Out | 3.93B |
| EPS (ttm) | 3.78 |
| PE Ratio | 10.24 |
| Forward PE | 8.71 |
| Dividend | $1.24 (3.16%) |
| Ex-Dividend Date | Apr 2, 2024 |
| Volume | 5,788,105 |
| Open | 38.37 |
| Previous Close | 38.54 |
| Day's Range | 38.33 - 39.30 |
| 52-Week Range | 36.43 - 47.46 |
| Beta | 0.99 |
| Analysts | Buy |
| Price Target | 49.01 (+24.77%) |
| 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 19 analysts, the average rating for CMCSA stock is "Buy." The 12-month stock price forecast is $49.01, which is an increase of 24.77% from the latest price.
News
NOW Available: Comcast Launches NOW Brand Prepaid Internet and Mobile Services Nationwide
PHILADELPHIA--(BUSINESS WIRE)--NOW Available: New Pay-As-You-Go Options for Reliable Internet and Mobile with All-In Pricing, No Contracts or Credit Checks.
Diamond Sports Group Issues Open Letter to Sports Fans and Comcast Xfinity Subscribers Impacted by Xfinity's Blackout
SOUTHPORT, Conn.--(BUSINESS WIRE)--Diamond Sports Group (“Diamond” or the “Company”) today issued an open letter to sports fans and Comcast Xfinity subscribers who lost access Diamond's Bally Sports r...
Comcast Business Boosts Internet Speeds for Customers Nationwide
PHILADELPHIA--(BUSINESS WIRE)--Comcast Business today increased Internet speeds for customers, nationwide, at no additional cost. Comcast Business announced the introduction of its fastest Internet pl...
Comcast's Partnership with Town of Sharon Expands Fast, Reliable Internet to Previously Unserved Areas
BERLIN, Conn.--(BUSINESS WIRE)--Comcast today announced the completion of a project to expand its smart, fast, reliable, fiber-based network to deliver its full suite of Xfinity and Comcast Business s...
Exclusive: Disney and Comcast seek advisor to resolve Hulu valuation, sources say
Walt Disney and Comcast are seeking to hire a financial adviser to resolve a dispute over how to value the 33% stake in streaming platform Hulu that the former will acquire from the latter, according ...
Comcast blacks out 15 regional sports networks in contract dispute with distributor
SAN FRANCISCO — Comcast has blacked out 15 regional sports networks offered by Bally Sports, escalating a contract dispute with their distributor.
Comcast Awarded More Than $61 Million to Expand Network to Homes and Businesses in Pennsylvania
HARRISBURG, Pa.--(BUSINESS WIRE)--Comcast announced it has been selected by the Commonwealth of Pennsylvania, as part of the Broadband Infrastructure Program funded by the Capital Projects Fund (CPF),...
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.