NASDAQ:CMCSA

Comcast - CMCSA Stock Forecast, Price & News

$39.60

-0.81 (-2.00%)

(As of 01/27/2023 08:54 PM ET)

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Today's Range: $39.53
▼
$40.39
50-Day Range: $33.98
▼
$40.41
52-Week Range: $28.39
▼
$50.98

Volume: 20.78 million shs
Average Volume: 20.93 million shs
Market Capitalization: $171.21 billion

P/E Ratio: 33.28
Dividend Yield: 2.73%
Price Target: $44.48

Institutional Ownership

Comcast MarketRank™ Forecast

Analyst Rating: Hold
2.48 Rating Score
Upside/Downside: 12.3% Upside
$44.48 Price Target
Short Interest: Healthy
1.54% of Float Sold Short
Dividend Strength: Strong
Based on Four Factors
Sustainability: -0.79
Upright™ Environmental Score
News Sentiment: 0.34
Based on 31 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 10.87%
From $3.68 to $4.08 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.98 out of 5 stars

Consumer Discretionary Sector

9th out of 274 stocks

Cable & Other Pay Television Services Industry

2nd out of 21 stocks

3.2

Analyst's Opinion

Consensus Rating
Comcast has received a consensus rating of Hold. The company's average rating score is 2.48, and is based on 13 buy ratings, 8 hold ratings, and 2 sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $44.48, Comcast has a forecasted upside of 12.3% from its current price of $39.60.
Amount of Analyst Coverage
Comcast has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

3.0

Short Interest

Percentage of Shares Shorted
1.54% of the float of Comcast has been sold short.
Short Interest Ratio / Days to Cover
Comcast has a short interest ratio ("days to cover") of 2.7, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Comcast has recently increased by 0.40%, indicating that investor sentiment is decreasing.

3.3

Dividend Strength

Dividend Yield
Comcast pays a meaningful dividend of 2.73%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Comcast has been increasing its dividend for 14 years.
Dividend Coverage
The dividend payout ratio of Comcast is 90.76%. Payout ratios above 75% are not desirable because they may not be sustainable.
Dividend Sustainability
Based on earnings estimates, Comcast will have a dividend payout ratio of 26.47% next year. This indicates that Comcast will be able to sustain or increase its dividend.

3.4

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Comcast has received a 39.00% net impact score from Upright. Comcast seems to create the most significant positive value in categories "Taxes", "Jobs", and "Knowledge infrastructure". The positive contribution in the "Knowledge infrastructure" impact category is mostly driven by its "Mobile consumer internet provision", "Fixed consumer internet provision", and "Mobile telephony services" products. See details.
Environmental Sustainability
The Environmental Impact score for Comcast is -0.79.

2.4

News and Social Media Coverage

News Sentiment
Comcast has a news sentiment score of 0.34. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.60 average news sentiment score of Consumer Discretionary companies.
News Coverage This Week
MarketBeat has tracked 31 news articles for Comcast this week, compared to 10 articles on an average week.
Search Interest
Only 40 people have searched for CMCSA on MarketBeat in the last 30 days. This is a decrease of -7% compared to the previous 30 days.
MarketBeat Follows
43 people have added Comcast to their MarketBeat watchlist in the last 30 days. This is an increase of 187% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Comcast insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 1.11% of the stock of Comcast is held by insiders.
Percentage Held by Institutions
82.23% of the stock of Comcast is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.1

Earnings and Valuation

Earnings Growth
Earnings for Comcast are expected to grow by 10.87% in the coming year, from $3.68 to $4.08 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Comcast is 33.28, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 124.92.
Price to Earnings Ratio vs. Sector
The P/E ratio of Comcast is 33.28, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 11.42.
Price to Earnings Growth Ratio
Comcast has a PEG Ratio of 0.82. PEG Ratios below 1 indicate that a company could be undervalued.
Price to Book Value per Share Ratio
Comcast has a P/B Ratio of 2.10. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Comcast (NASDAQ:CMCSA) Stock

Comcast Corp. is a media, entertainment, and communications company, which engages in the provision of video, Internet, and phone services. It operates through the following segments: Cable Communications, Cable Networks, Broadcast Television, Filmed Entertainment, Theme Parks and Sky. The Cable Communications segment provides video, Internet, voice, and security and automation services under the Xfinity brand. The Cable Networks segment consists of national cable networks, regional sports, news networks, international cable networks, and cable television studio production operations. The Broadcast Television segment includes NBC and Telemundo broadcast networks. The Filmed Entertainment segment involves the production, acquisition, marketing, and distribution of filmed entertainment. The Theme Parks segment consists of Universal theme parks in Orlando, Florida, Hollywood, California, and Osaka, Japan. The Sky segment consists of the operations of Sky, one of Europe's entertainment companies, which primarily includes a direct-to-consumer business, providing video, high-speed internet, voice and wireless phone services, and a content business, operating entertainment networks, the S

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CMCSA Stock News Headlines

January 9, 2023 | marketbeat.com

3 Airline Stocks Taking Off in 2023 (CMCSA)

Airline stocks are off to a fast start this year. Here are three names that are quickly benefitting from current tailwinds — and still trade for peanuts.

January 2, 2023 | marketbeat.com

Walt Disney Stock Looks Marvelous Down (CMCSA)

Media and entertainment giant The Walt Disney Company (NYSE: DIS) enters 2023 under new but familiar leadership with the return of Bob Iger as its CEO.

January 30, 2023 | Porter & Company (Ad)

The Next Big Crisis Is Here

You just can’t see it yet because it’s NOT a banking, financial, or economic crisis… it’s far worse and threatens every dollar in your retirement account.

January 30, 2023 | americanbankingnews.com

Cowen Trims Comcast (NASDAQ:CMCSA) Target Price to $46.00

January 30, 2023 | americanbankingnews.com

Comcast (NASDAQ:CMCSA) Price Target Cut to $56.00 by Analysts at TD Securities

January 30, 2023 | americanbankingnews.com

Pivotal Research Boosts Comcast (NASDAQ:CMCSA) Price Target to $47.00

January 29, 2023 | finance.yahoo.com

Multiple insiders sold Comcast Corporation (NASDAQ:CMCSA) stock in the last year, which isn't a good sign for investors

January 28, 2023 | americanbankingnews.com

Comcast (NASDAQ:CMCSA) Given New $38.00 Price Target at Rosenblatt Securities

January 30, 2023 | Porter & Company (Ad)

The Next Big Crisis Is Here

You just can’t see it yet because it’s NOT a banking, financial, or economic crisis… it’s far worse and threatens every dollar in your retirement account.

January 28, 2023 | americanbankingnews.com

Comcast (NASDAQ:CMCSA) Price Target Increased to $43.00 by Analysts at JPMorgan Chase & Co.

January 28, 2023 | americanbankingnews.com

Wells Fargo & Company Boosts Comcast (NASDAQ:CMCSA) Price Target to $42.00

January 26, 2023 | finance.yahoo.com

Comcast Reports 4th Quarter and Full Year 2022 Results

January 26, 2023 | finance.yahoo.com

Comcast Increases Dividend by $0.08 to $1.16 Per Share on an Annualized Basis In 2023

January 26, 2023 | finance.yahoo.com

Comcast beats on earnings, but broadband woes continue

January 26, 2023 | finance.yahoo.com

Comcast’s Earnings Top Expectations Despite Losses at Peacock

January 25, 2023 | finance.yahoo.com

At US$39.75, Is Comcast Corporation (NASDAQ:CMCSA) Worth Looking At Closely?

January 19, 2023 | finance.yahoo.com

Comcast (NASDAQ:CMCSA) Has A Pretty Healthy Balance Sheet

January 16, 2023 | stocknews.com

1 Cable Stock That's Not Tough to Own

January 14, 2023 | finance.yahoo.com

Shareholders in Comcast (NASDAQ:CMCSA) are in the red if they invested a year ago

January 12, 2023 | finance.yahoo.com

Comcast Is Coming for You, Disney

January 9, 2023 | finance.yahoo.com

Comcast Corporation's (NASDAQ:CMCSA) Intrinsic Value Is Potentially 91% Above Its Share Price

January 6, 2023 | finance.yahoo.com

Comcast elevates Jason Armstrong to CFO

January 5, 2023 | finance.yahoo.com

Should We Be Cautious About Comcast Corporation's (NASDAQ:CMCSA) ROE Of 6.2%?

January 1, 2023 | finance.yahoo.com

Comcast Corporation (NASDAQ:CMCSA) is largely controlled by institutional shareholders who own 85% of the company

December 29, 2022 | stocknews.com

1 Entertainment Stock to Hold Forever and 2 to Sell

December 29, 2022 | stocknews.com

1 Entertainment Stock to Buy at a Discount Right Now

December 28, 2022 | finance.yahoo.com

Comcast (CMCSA) Stock Moves -1.09%: What You Should Know

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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CMCSA Company Calendar

Ex-Dividend for 1/25 Dividend: 1/03/2023
Dividend Payable: 1/25/2023
Last Earnings: 1/26/2023
Today: 1/30/2023
Next Earnings (Estimated): 4/27/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Cable & other pay television services
Sub-Industry: Cable & Satellite
Sector: Consumer Discretionary
Current Symbol: NASDAQ:CMCSA
CUSIP: 20030N10
CIK: 1166691
Web: corporate.comcast.com
Phone: (215) 286-1700
Fax: N/A
Employees: 189,000
Year Founded: 1963

Price Target and Rating

Average Stock Price Forecast: $44.48
High Stock Price Forecast: $60.00
Low Stock Price Forecast: $33.00
Forecasted Upside/Downside: +12.3%
Consensus Rating: Hold
Rating Score (0-4): 2.48
Research Coverage: 23 Analysts

Profitability

EPS (Most Recent Fiscal Year): $1.19
Trailing P/E Ratio: 33.28
Forward P/E Ratio: 10.76
P/E Growth: 0.83
Net Income: $5.37 billion
Net Margins: 4.42%
Pretax Margin: 7.65%
Return on Equity: 18.40%
Return on Assets: 6.14%

Debt

Debt-to-Equity Ratio: 1.20
Current Ratio: 0.78
Quick Ratio: 0.84

Sales & Book Value

Annual Sales: $121.43 billion
Price / Sales: 1.41
Cash Flow: $6.94 per share
Price / Cash Flow: 5.71
Book Value: $18.88 per share
Price / Book: 2.10

Miscellaneous

Outstanding Shares: 4,323,410,000
Free Float: 4,275,419,000
Market Cap: $171.21 billion
Optionable: Optionable
Beta: 1.00

Social Links

Key Executives

Brian L. Roberts
Chairman & Chief Executive Officer

Michael J. Cavanagh
President

Jason S. Armstrong
Chief Financial Officer & Treasurer

Jeff Votaw
Vice President-Engineering

Candy Lawson
Chief Compliance Officer & Senior Vice President

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

CMCSA Stock - Frequently Asked Questions

Should I buy or sell Comcast stock right now?: 23 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Comcast in the last year. There are currently 2 sell ratings, 8 hold ratings and 13 buy ratings for the stock. The consensus among Wall Street equities 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.
What is Comcast's stock price forecast for 2023?: 23 equities research analysts 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 expect the company's share price to reach $44.48 in the next twelve months. This suggests a possible upside of 12.3% from the stock's current price.
View analysts price targets for CMCSA or view top-rated stocks among Wall Street analysts.
How have CMCSA shares performed in 2023?: Comcast's stock was trading at $34.97 at the beginning of 2023. Since then, CMCSA stock has increased by 13.2% and is now trading at $39.60.
View the best growth stocks for 2023 here.
When is Comcast's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, April 27th 2023.
View our CMCSA earnings forecast.
How were Comcast's earnings last quarter?: Comcast Co. (NASDAQ:CMCSA) released its quarterly earnings results on Thursday, January, 26th. The cable giant reported $0.82 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.78 by $0.04. The cable giant earned $30.55 billion during the quarter, compared to the consensus estimate of $30.36 billion. Comcast had a net margin of 4.42% and a trailing twelve-month return on equity of 18.40%. The business's revenue for the quarter was up .7% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.77 EPS.
Read the conference call transcript.
How often does Comcast pay dividends? What is the dividend yield for Comcast?: Comcast announced a quarterly dividend on Thursday, January 26th. Investors of record on Wednesday, April 5th will be given a dividend of $0.29 per share on Wednesday, April 26th. This represents a $1.16 annualized dividend and a yield of 2.93%. The ex-dividend date is Tuesday, April 4th. This is an increase from the stock's previous quarterly dividend of $0.27.
Read our dividend analysis for CMCSA.
Is Comcast a good dividend stock?: Comcast (NASDAQ:CMCSA) pays an annual dividend of $1.08 per share and currently has a dividend yield of 2.73%. The company has been increasing its dividend for 14 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 26.47% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CMCSA.
When did Comcast's stock split?: Shares of Comcast split on Monday, February 20th 2017. The 2-1 split was announced on Thursday, January 26th 2017. The newly created shares were distributed to shareholders after the market closes on Friday, February 17th 2017. An investor that had 100 shares of stock prior to the split would have 200 shares after the split.

What is Brian L. Roberts' approval rating as Comcast's CEO?: 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.
What is Comcast's stock symbol?: Comcast trades on the NASDAQ under the ticker symbol "CMCSA."
Who are Comcast's major shareholders?: Comcast's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Rothschild & Co Wealth Management UK Ltd (0.25%), New York State Teachers Retirement System (0.12%), National Bank of Canada FI (0.12%), Metropolis Capital Ltd (0.11%), Natixis Advisors L.P. (0.09%) and DAVENPORT & Co LLC (0.07%). Insiders that own company stock include Brian L Roberts, Daniel C Murdock, David N Watson, Jeff Shell, Kenneth J Bacon, Kenneth J Bacon and Maritza Gomez Montiel.
View institutional ownership trends.
How do I buy shares of Comcast?: 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.
Compare Top Brokerages Here.
What is Comcast's stock price today?: One share of CMCSA stock can currently be purchased for approximately $39.60.
How much money does Comcast make?: Comcast (NASDAQ:CMCSA) has a market capitalization of $171.21 billion and generates $121.43 billion in revenue each year. The cable giant earns $14.16 billion in net income (profit) each year or $1.19 on an earnings per share basis.
How many employees does Comcast have?: The company employs 189,000 workers across the globe.
Does Comcast have any subsidiaries?: The following companies are subsidiares of Comcast: Adelphia Communications, American Cellular Network Corporation, Beijing International Resort Co. Ltd., BluVector, Blueface, Bravo Media LLC, BuddyTV, CNBC LLC, Comcast ABB Note Consolidation Inc., Comcast AG Holdings LLC, Comcast Bidco Holdings Limited, Comcast Bidco Limited, Comcast Broadband Security LLC, Comcast Business Communications LLC, Comcast Cable Communications LLC, Comcast Cable Communications Management LLC, Comcast Holdings Corporation, Comcast Hulu Holdings LLC, Comcast IP Phone LLC, Comcast Interactive Media LLC, Comcast OTR1 LLC, Comcast Spectacor Ventures, Comcast Spectacor Ventures LLC, Comcast Ventures LP, Comcast of Alabama LLC, Comcast of Arkansas/Louisiana/Minnesota/Mississippi/Tennessee LLC, Comcast of Baltimore City LLC, Comcast of Boston Inc., Comcast of California II LLC, Comcast of California III Inc., Comcast of California IX Inc., Comcast of California/Colorado LLC, Comcast of California/Colorado/Florida/Oregon Inc., Comcast of California/Colorado/Illinois/Indiana/Michigan LLC, Comcast of California/Maryland/Pennsylvania/Virginia/West Virginia LLC, Comcast of California/Massachusetts/Michigan/Utah LLC, Comcast of Chicago Inc., Comcast of Colorado IX LLC, Comcast of Colorado/Pennsylvania/West Virginia LLC, Comcast of Connecticut Inc., Comcast of Connecticut/Georgia/Massachusetts/New Hampshire/New York/North Carolina/Virginia/Vermont LLC, Comcast of Delmarva LLC, Comcast of Florida/Michigan/New Mexico/Pennsylvania/Washington LLC, Comcast of Fresno Inc., Comcast of Garden State L.P., Comcast of Georgia/Illinois/Michigan LLC, Comcast of Georgia/Massachusetts LLC, Comcast of Georgia/South Carolina LLC, Comcast of Houston LLC, Comcast of Illinois IV Inc., Comcast of Illinois VI LLC, Comcast of Illinois XI LLC, Comcast of Illinois XIII L.P., Comcast of Illinois/Indiana/Michigan LLC, Comcast of Illinois/Indiana/Ohio LLC, Comcast of Illinois/Ohio/Oregon LLC, Comcast of Illinois/West Virginia LLC, Comcast of Indiana/Kentucky/Utah LLC, Comcast of Indianapolis L.P., Comcast of Maine/New Hampshire Inc., Comcast of Maryland LLC, Comcast of Maryland Limited Partnership, Comcast of Massachusetts II Inc., Comcast of Massachusetts III Inc., Comcast of Massachusetts/Virginia Inc., Comcast of Minnesota Inc., Comcast of Minnesota/Wisconsin Inc., Comcast of Nashville I LLC, Comcast of Nashville II LLC, Comcast of New Jersey II LLC, Comcast of New Mexico LLC, Comcast of New Mexico/Pennsylvania LLC, Comcast of Oregon II Inc., Comcast of Philadelphia II LLC, Comcast of Potomac LLC, Comcast of Sacramento I LLC, Comcast of Sacramento II LLC, Comcast of South Jersey LLC, Comcast of Southeast Pennsylvania LLC, Comcast of Southern New England Inc., Comcast of Utah II Inc., Comcast of Virginia LLC, Comcast of the South, Contingent Network Services, DWA Holdings LLC, DailyCandy, Deep Blue Communications, DreamWorks Animation L.L.C., E! Entertainment Television LLC, Fandango, FreeWheel, Greater Philadelphia Cablevision, Jones Intercable, Lenfest Communications, MSNBC Cable L.L.C., MediaOne, Metrological, NBC Olympics LLC, NBC Sports Network L.P., NBC Sports Ventures LLC, NBC Stations Management LLC, NBC Subsidiary (WTVJ-TV) LLC, NBC West LLC, NBCU Television Holding LLC, NBCUniversal, NBCUniversal Enterprise Inc., NBCUniversal LLC, NBCUniversal Media LLC, NBCUniversal Shared Services LLC, Notion, OneTwoSee, Open 4 Business Productions LLC, Patriot Media and Communications, Plaxo, PowerCloud Systems, Radiance, Sky, Sky Deutschland Fernsehen GmbH & Co KG, Sky Italia S.r.l., Sky Italian Holdings S.p.A., Sky Limited, Sky Subscribers Services Limited, Sky Telecommunications Services Limited, Sky UK Limited, Stringify, TechTV, Telemundo Media LLC, Telemundo Network Group LLC, The700Level.com, This Technology Inc, TimeWarner Cable, USJ LLC, Universal City Development Partners Ltd., Universal City Studios LLC, Universal City Studios Productions LLLP, Universal Content Productions LLC, Universal Film Exchanges LLC, Universal Studios International B.V., Universal Studios LLC, Universal Studios Limited, Universal Television LLC, Universal Television Networks, Vehix, Visible World, Watchwith, Wilco Electronic Systems (Cable TV Business), XUMO, iControl Networks, and thePlatform.
Read More
How can I contact Comcast?: 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.

This page (NASDAQ:CMCSA) was last updated on 1/30/2023 by MarketBeat.com Staff

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Comcast - CMCSA Stock Forecast, Price & News

Comcast MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Comcast (NASDAQ:CMCSA) Stock

CMCSA Stock News Headlines

CMCSA Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

Insiders & Institutions

CMCSA Stock - Frequently Asked Questions

Overall MarketRank^™