NASDAQ:CMCSA

Comcast - CMCSA Stock Forecast, Price & News

$35.65

+0.12 (+0.34%)

(As of 11/25/2022 08:57 PM ET)

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Today's Range: $35.49
▼
$35.98
50-Day Range: $28.68
▼
$35.65
52-Week Range: $28.39
▼
$53.31

Volume: 10.81 million shs
Average Volume: 24.60 million shs
Market Capitalization: $154.13 billion

P/E Ratio: 31.00
Dividend Yield: 3.03%
Price Target: $44.52

Comcast MarketRank™ Forecast

Analyst Rating: Hold
2.38 Rating Score
Upside/Downside: 24.9% Upside
$44.52 Price Target
Short Interest: Healthy
1.72% of Float Sold Short
Dividend Strength: Strong
Based on Four Factors
Sustainability: -0.79
Upright™ Environmental Score
News Sentiment: 0.51
Based on 8 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 5.54%
From $3.61 to $3.81 Per Share

Overall MarketRank^™

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

2.94 out of 5 stars

Consumer Discretionary Sector

11th out of 273 stocks

Cable & Other Pay Television Services Industry

1st out of 19 stocks

3.2

Analyst's Opinion

Consensus Rating
Comcast has received a consensus rating of Hold. The company's average rating score is 2.38, and is based on 12 buy ratings, 9 hold ratings, and 3 sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $44.52, Comcast has a forecasted upside of 24.9% from its current price of $35.65.
Amount of Analyst Coverage
Comcast has been the subject of 10 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

5.0

Short Interest

Percentage of Shares Shorted
1.72% 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 decreased by 7.42%, indicating that investor sentiment is improving significantly.

3.3

Dividend Strength

Dividend Yield
Comcast pays a meaningful dividend of 3.03%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Comcast has been increasing its dividend for 16 years.
Dividend Coverage
The dividend payout ratio of Comcast is 93.91%. 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 28.35% 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.

1.4

News and Social Media Coverage

News Sentiment
Comcast has a news sentiment score of 0.51. 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 0.68 average news sentiment score of Consumer Discretionary companies.
News Coverage This Week
MarketBeat has tracked 8 news articles for Comcast this week, compared to 10 articles on an average week.
Search Interest
Only 54 people have searched for CMCSA on MarketBeat in the last 30 days. This is a decrease of -24% compared to the previous 30 days.
MarketBeat Follows
Only 23 people have added Comcast to their MarketBeat watchlist in the last 30 days. This is a decrease of -36% 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
82.80% of the stock of Comcast is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Comcast are expected to grow by 5.54% in the coming year, from $3.61 to $3.81 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Comcast is 31.00, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 126.04.
Price to Earnings Ratio vs. Sector
The P/E ratio of Comcast is 31.00, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 13.19.
Price to Earnings Growth Ratio
Comcast has a PEG Ratio of 0.76. 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 1.90. 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 Corporation operates as a media and technology company worldwide. It operates through Cable Communications, Media, Studios, Theme Parks, and Sky segments. The Cable Communications segment offers broadband, video, voice, wireless, and other services to residential and business customers under the Xfinity brand; and advertising services. The Media segment operates NBCUniversal's television and streaming platforms, including national, regional, and international cable networks, the NBC and Telemundo broadcast, and Peacock networks. The Studios segment operates NBCUniversal's film and television studio production and distribution operations. The Theme Parks segment operates Universal theme parks in Orlando, Florida; Hollywood, California; Osaka, Japan; and Beijing, China. The Sky segment offers direct-to-consumer services, such as video, broadband, voice and wireless phone services, and content business operates entertainment networks, the Sky News broadcast network, and Sky Sports networks. The company also owns the Philadelphia Flyers, as well as the Wells Fargo Center arena in Philadelphia, Pennsylvania; and provides streaming service, such as Peacock. Comcast Corporation was founded in 1963 and is headquartered in Philadelphia, Pennsylvania.

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CMCSA Stock News Headlines

November 21, 2022 | marketbeat.com

After Nixing its 13% Dividend, Is Lumen Technologies Okay To Own? (CMCSA)

The Company changed its name from CenturyLink to Lumen Technologies in 2020, the company has been shedding some of its businesses to pay down debt

November 13, 2022 | marketbeat.com

Walt Disney Stock is Set to Reset Expectations (CMCSA)

Media and entertainment giant The Walt Disney Company (NYSE: DIS) stock has seen better days as shares cratered under the $90.71 double bottom on its weak

October 28, 2022 | marketbeat.com

Can Comcast Monetize Existing Users for Streaming Success?

As growth in its legacy business begins to stagnate, Comcast will have to show that it can be a viable player in the current shift to streaming services.

November 27, 2022 | americanbankingnews.com

Analysts Set Comcast Co. (NASDAQ:CMCSA) Price Target at $45.46

November 26, 2022 | finance.yahoo.com

Comcast Corporation's (NASDAQ:CMCSA) Share Price Matching Investor Opinion

November 23, 2022 | stocknews.com

2 Stocks to Buy That Will Grow Your Money Over Time

November 23, 2022 | stocknews.com

2 Stocks to Get Bullish on Now if You Aren't Already

November 22, 2022 | finance.yahoo.com

Comcast Corporation (NASDAQ:CMCSA) is favoured by institutional owners who hold 85% of the company

November 19, 2022 | benzinga.com

Comcast Delivers a Personalized, Aggregated FIFA World Cup Qatar 2022™ Viewing Experience to Its Customers

November 19, 2022 | americanbankingnews.com

Comcast Co. (NASDAQ:CMCSA) Sees Significant Drop in Short Interest

November 18, 2022 | finance.yahoo.com

Comcast Corporation (NASDAQ:CMCSA) insiders made a handsome profit after selling stock presently valued at US$34.26 apiece for US$44.50

November 15, 2022 | stocknews.com

2 Stocks You Can Buy This Week for Under $100

November 12, 2022 | finance.yahoo.com

Comcast Corporation (NASDAQ:CMCSA) insiders made a handsome profit after selling stock presently valued at US$34.02 apiece for US$44.50

November 9, 2022 | finance.yahoo.com

Universal Orlando patent shows new rotating ride technology: Here's more

November 8, 2022 | finance.yahoo.com

Comcast Third Quarter 2022 Earnings: EPS Misses Expectations

November 8, 2022 | finance.yahoo.com

Will Comcast Corporation (CMCSA) Bounce Back?

November 5, 2022 | finance.yahoo.com

Down Nearly 40%, Is Comcast Stock a Buy?

November 4, 2022 | stocknews.com

The Best 2 Stocks on Wall Street to Buy Now

November 4, 2022 | finance.yahoo.com

Insiders are probably glad they sold their shares in Comcast Corporation (NASDAQ:CMCSA) after 5.0% drop

November 3, 2022 | finance.yahoo.com

For the first time, all 11 startups in LIFT Labs Accelerator strike partnerships with Comcast

October 31, 2022 | finance.yahoo.com

Comcast Corporation (NASDAQ:CMCSA) institutional owners may be pleased with recent gains after 36% loss over the past year

October 28, 2022 | finance.yahoo.com

Comcast execs discuss Universal Orlando theme park bookings, Epic Universe

October 26, 2022 | stocknews.com

Extra Money in Your Pocket? Put These 3 Stocks to Work in Q4

October 26, 2022 | finance.yahoo.com

The Zacks Analyst Blog Highlights Danaher, Comcast, Starbucks, The TJX Companies and Stryker

October 25, 2022 | tmcnet.com

Comcast Boosting Speeds Across Tennessee

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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CMCSA Company Calendar

Last Earnings: 10/28/2021
Ex-Dividend for 10/26 Dividend: 10/04/2022
Dividend Payable: 10/26/2022
Today: 11/27/2022
Fiscal Year End: 12/31/2022
Ex-Dividend for 1/25 Dividend: 1/03/2023
Dividend Payable: 1/25/2023
Next Earnings (Estimated): 1/26/2023

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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: $44.52
High Stock Price Forecast: $62.00
Low Stock Price Forecast: $30.00
Forecasted Upside/Downside: +24.9%
Consensus Rating: Hold
Rating Score (0-4): 2.38
Research Coverage: 24 Analysts

Profitability

EPS (Most Recent Fiscal Year): $1.15
Trailing P/E Ratio: 31.00
Forward P/E Ratio: 9.88
P/E Growth: 0.76
Net Income: $14.16 billion
Net Margins: 4.46%
Pretax Margin: 7.84%
Return on Equity: 17.61%
Return on Assets: 6.03%

Debt

Debt-to-Equity Ratio: 1.18
Current Ratio: 0.84
Quick Ratio: 0.84

Sales & Book Value

Annual Sales: $116.39 billion
Price / Sales: 1.32
Cash Flow: $6.37 per share
Price / Cash Flow: 5.60
Book Value: $18.72 per share
Price / Book: 1.90

Miscellaneous

Outstanding Shares: 4,323,409,000
Free Float: 4,275,419,000
Market Cap: $154.13 billion
Optionable: Optionable
Beta: 0.99

Social Links

Key Executives

Mr. Brian L. Roberts (Age 62)
Chairman & CEO
Comp: $11.99M

Mr. Michael J. Cavanagh (Age 56)
Pres & CFO
Comp: $10.97M

Mr. Jeffrey S. Shell (Age 56)
Chief Exec. Officer of NBCUniversal
Comp: $12.59M

Mr. David N. Watson (Age 64)
Pres & CEO of Comcast Cable
Comp: $11.28M

Ms. Dana Strong (Age 51)
Group Chief Exec. Officer of Sky
Comp: $10.5M

Melinda Lindsley
Operations Director

Mr. Daniel C. Murdock (Age 48)
Exec. VP, Chief Accounting Officer & Controller

Mr. Matthew Zelesko
Chief Technology Officer

Mr. Adam Louis Miller (Age 51)
Chief Admin. Officer & Exec. VP of NBCUniversal

Ms. Marci Ryvicker
Exec. VP of Investor Relations

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?: 24 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Comcast in the last twelve months. There are currently 3 sell ratings, 9 hold ratings and 12 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?: 24 brokers have issued 1 year target prices for Comcast's shares. Their CMCSA share price forecasts range from $30.00 to $62.00. On average, they anticipate the company's share price to reach $44.52 in the next twelve months. This suggests a possible upside of 24.9% 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 2022?: Comcast's stock was trading at $50.33 at the beginning of 2022. Since then, CMCSA shares have decreased by 29.2% and is now trading at $35.65.
View the best growth stocks for 2022 here.
When is Comcast's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, January 26th 2023.
View our CMCSA earnings forecast.
How were Comcast's earnings last quarter?: Comcast Co. (NASDAQ:CMCSA) posted its earnings results on Thursday, October, 28th. The cable giant reported $0.87 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.75 by $0.12. The cable giant had revenue of $30.30 billion for the quarter, compared to the consensus estimate of $29.87 billion. Comcast had a trailing twelve-month return on equity of 17.61% and a net margin of 4.46%. The business's revenue was up 18.7% on a year-over-year basis. During the same period in the previous year, the business posted $0.65 EPS.
Read the conference call transcript.
How often does Comcast pay dividends? What is the dividend yield for Comcast?: Comcast declared a quarterly dividend on Thursday, October 27th. Shareholders of record on Wednesday, January 4th will be given a dividend of $0.27 per share on Wednesday, January 25th. This represents a $1.08 dividend on an annualized basis and a dividend yield of 3.03%. The ex-dividend date is Tuesday, January 3rd.
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 3.03%. 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 93.91%. 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 28.35% 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?: Comcast's stock split before market open on Monday, February 20th 2017. The 2-1 split was announced on Thursday, January 26th 2017. The newly created shares were issued 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.

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 institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (9.37%), BlackRock Inc. (7.35%), State Street Corp (3.78%), Massachusetts Financial Services Co. MA (2.38%), Bank of New York Mellon Corp (0.98%) and Dimensional Fund Advisors LP (0.89%). 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 $35.65.
How much money does Comcast make?: Comcast (NASDAQ:CMCSA) has a market capitalization of $154.13 billion and generates $116.39 billion in revenue each year. The cable giant earns $14.16 billion in net income (profit) each year or $1.15 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.
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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 11/28/2022 by MarketBeat.com Staff

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