Comcast - CMCSA Stock Forecast, Price & News

24 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Comcast in the last year. There are currently 2 sell ratings, 9 hold ratings and 13 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" CMCSA shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CMCSA, but not buy additional shares or sell existing shares.
View CMCSA analyst ratings or view top-rated stocks.

24 brokerages have issued 12 month price targets for Comcast's shares. Their CMCSA share price forecasts range from $33.00 to $60.00. On average, they predict the company's stock price to reach $44.29 in the next twelve months. This suggests a possible upside of 19.2% from the stock's current price.
View analysts price targets for CMCSA or view top-rated stocks among Wall Street analysts.

Comcast's stock was trading at $34.97 on January 1st, 2023. Since then, CMCSA shares have increased by 6.2% and is now trading at $37.15.
View the best growth stocks for 2023 here.

Comcast saw a increase in short interest in the month of March. As of March 15th, there was short interest totaling 47,330,000 shares, an increase of 12.9% from the February 28th total of 41,940,000 shares. Based on an average daily volume of 19,980,000 shares, the days-to-cover ratio is currently 2.4 days. Approximately 1.1% of the company's shares are short sold.
View Comcast's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, April 27th 2023.
View our CMCSA earnings forecast.

Comcast will be holding an earnings conference call on Thursday, April 27th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link.

Comcast Co. (NASDAQ:CMCSA) announced its quarterly earnings results on Thursday, January, 26th. The cable giant reported $0.82 EPS for the quarter, topping analysts' consensus estimates of $0.78 by $0.04. The cable giant earned $30.55 billion during the quarter, compared to analysts' expectations of $30.36 billion. Comcast had a net margin of 4.42% and a trailing twelve-month return on equity of 18.40%. Comcast's revenue was up .7% on a year-over-year basis. During the same period in the previous year, the firm posted $0.77 earnings per share.
Read the conference call transcript.

Comcast announced a quarterly dividend on Thursday, January 26th. Shareholders of record on Wednesday, April 5th will be paid a dividend of $0.29 per share on Wednesday, April 26th. This represents a $1.16 annualized dividend and a yield of 3.12%. The ex-dividend date is Tuesday, April 4th. This is a positive change from the stock's previous quarterly dividend of $0.27.
Read our dividend analysis for CMCSA.

ETFs with the largest weight of Comcast (NASDAQ:CMCSA) stock in their portfolio include iShares U.S. Telecommunications ETF (IYZ), Roundhill IO Digital Infrastructure ETF (BYTE), Invesco BuyBack Achievers ETF (PKW), FPA Global Equity ETF (FPAG), Invesco S&P 500 Equal Weight Communication Services ETF (EWCO), Vanguard Communication Services ETF (VOX), iShares Global Comm Services ETF (IXP) and Communication Services Select Sector SPDR Fund (XLC).

Comcast (NASDAQ:CMCSA) pays an annual dividend of $1.08 per share and currently has a dividend yield of 2.97%. The company has been increasing its dividend for 16 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 90.76%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, CMCSA will have a dividend payout ratio of 27.20% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CMCSA.

Shares of Comcast split on the morning of Monday, February 20th 2017. The 2-1 split was announced on Thursday, January 26th 2017. The newly minted shares were distributed to shareholders after the closing bell on Friday, February 17th 2017. An investor that had 100 shares of stock prior to the split would have 200 shares after the split.

4,762 employees have rated Comcast Chief Executive Officer Brian L. Roberts on Glassdoor.com. Brian L. Roberts has an approval rating of 85% among the company's employees.

Comcast trades on the NASDAQ under the ticker symbol "CMCSA."

Comcast's stock is owned by many different institutional and retail investors. Top institutional investors include Geode Capital Management LLC (1.91%), Morgan Stanley (1.27%), Norges Bank (1.22%), Dimensional Fund Advisors LP (0.94%), Clearbridge Investments LLC (0.89%) and First Eagle Investment Management LLC (0.76%). Insiders that own company stock include Brian L Roberts, Corp Comcast, Daniel C Murdock, David N Watson, Jeff Shell, Kenneth J Bacon, Kenneth J Bacon and Maritza Gomez Montiel.
View institutional ownership trends.

Shares of CMCSA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of CMCSA stock can currently be purchased for approximately $37.15.

Comcast (NASDAQ:CMCSA) has a market capitalization of $156.63 billion and generates $121.43 billion in revenue each year. The cable giant earns $5.37 billion in net income (profit) each year or $1.19 on an earnings per share basis.

The company employs 186,000 workers across the globe.

Comcast's mailing address is One Comcast Center, Philadelphia PA, 19103. The official website for the company is corporate.comcast.com. The cable giant can be reached via phone at (215) 286-1700.