Comcast Corporation Company Profile (NASDAQ:CMCSA)

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

Comcast Corporation declared a quarterly dividend on Thursday, May 11th. Shareholders of record on Wednesday, July 5th will be given a dividend of $0.1575 per share on Wednesday, July 26th. This represents a $0.63 annualized dividend and a yield of 1.60%. The ex-dividend date is Friday, June 30th. View Comcast Corporation's Dividend History.

Comcast Corporation shares 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 Comcast Corporation stock prior to the split would have 200 shares after the split.

Comcast Corporation announced that its Board of Directors has initiated a share buyback program on Wednesday, April 12th 2017, which permits the company to repurchase $12,000,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to buy up to 6.6% of its shares through open market purchases. Shares repurchase programs are generally an indication that the company's management believes its shares are undervalued.

Comcast Corporation (NASDAQ:CMCSA) announced its quarterly earnings data on Thursday, April, 27th. The company reported $0.53 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.44 by $0.09. The company had revenue of $20.46 billion for the quarter, compared to analysts' expectations of $20.10 billion. Comcast Corporation had a return on equity of 15.98% and a net margin of 11.12%. The business's quarterly revenue was up 8.9% compared to the same quarter last year. During the same period in the prior year, the business posted $0.84 EPS. View Comcast Corporation's Earnings History.

Comcast Corporation is scheduled to release their next quarterly earnings announcement on Tuesday, July, 25th 2017. View Earnings Estimates for Comcast Corporation.

24 equities research analysts have issued 1 year target prices for Comcast Corporation's shares. Their forecasts range from $37.00 to $51.00. On average, they anticipate Comcast Corporation's stock price to reach $44.68 in the next year. View Analyst Ratings for Comcast Corporation.

Here are some recent quotes from research analysts about Comcast Corporation stock:

• 1. Pivotal Research analysts commented, "We continue to expect Comcast to produce solid ’17 results [including overall ~+7.6% (up from +7.5%) EBITDA growth], against the backdrop of one-off high cable programming costs and tougher ad comps (political and Olympics in ‘16), however ’18 is teeing up to see a material acceleration in cable EBITDA and overall free cash flow. This acceleration should be driven by: 1) normalization of cable programming expense growth, 2) high margin political advertising returns + NBC Olympic benefits, 3) benefits from investments, 4) forecast flattish capex (winding down of X1/move to networked), 5) potentially boosted by tax relief. We also believe in ’18 on the back of the acceleration in EBITDA and free cash flow Comcast will elect to increase their dividend and accelerate share repurchase activity materially, alternatively we would not be surprised to see Comcast purchase private player Cox providing some M&A upside in the name. Against what we view as a positive back drop, CMCSA trades at an attractive 8.3X ’17 EBITDA (7.6X ’18), 15.3X ’18 free cash flow and 15X ’18 EPS." (6/27/2017)
• 2. Macquarie analysts commented, "We got back from the NBCU upfront with a refreshed view on the growing portfolio that now includes digital assets like Vox, BuzzFeed, and Snapchat, as well as partnerships with Apple. Meanwhile, its core franchises in news and sports continue to grow stronger. Our SoTP valuation prices standalone NBCU at US$19/sh (Fig 1), likely a source of upside to our US$45/sh CMCSA target. Please also see our 1Q recap, Weighing Baggage & Opportunities. Impact The collaborative culture of NBCU spearheaded by Project Symphony has driven it to #1, while the addition of digital platforms pushed engagement. This year, we expect the strategy is in full swing, driving our ’18 NBCU total revenue growth of 10%, which assumes 14%/7% for broadcast/cable nets." (5/16/2017)
• 3. Deutsche Bank AG analysts commented, "We've updated our forecast to reflect our latest assumptions for the fundamentals across the Cable operations and NBCU. Our 1Q consolidated EBITDA estimate increased by 1.3%, FCF by 1.8%, and EPS by 3.9%. Our full-year estimates increased by less than 1% for each of these metrics. The increase was driven by our expectations for stronger performance at NBCU, which was driven almost entirely by Filmed Entertainment. We are maintaining our Buy rating and raising our PT to $44. In addition to continued strong fundamentals, we expect Comcast to be a direct beneficiary of potential tax reform and deregulation in communications and media." (3/28/2017)
• 4. Guggenheim analysts commented, "We have updated our CMCSA model to account for Comcast's acquisition of the 49% stake in Universal Studios Japan (USJ) that it did not own, as well as the company's 2-for-1 stock split, which was effective on February 21. Our core operating estimates remain largely unchanged, though our net income rises modestly due to our assumption of a relatively low funding cost for the ~$60mm in positive net income impact from full ownership of USJ. Our 2017 EPS is now $1.89 from our prior $3.78 or $1.89 split adjusted." (3/1/2017)
• 5. Jefferies Group LLC analysts commented, "Both results and 2017 shareholder returns were generally as expected. The call brought incremental clarity on wireless dilution, a key focus ahead of the print, with upwards of $300mn a reasonable level, in our view. In addition, commentary likely soothed fears of a costly wireless build ahead. Cable OCF guidance was also inline, and it appears associated X1 costs are beginning to dissipate, setting the stage for margin stability/growth in 2018 and beyond." (1/27/2017)

Comcast Corporation saw a decline in short interest in the month of June. As of June 30th, there was short interest totalling 51,700,438 shares, a decline of 22.5% from the June 15th total of 66,718,735 shares. Based on an average daily trading volume, of 21,935,305 shares, the short-interest ratio is currently 2.4 days. Approximately 1.1% of the shares of the company are short sold.

Some companies that are related to Comcast Corporation include Walt Disney Company (The) (DIS), CBS Corporation (CBS), Sky Plc (SKY), Sky Plc (BSY), Liberty Media Corporation (LSXMA), Liberty Media Corporation (LSXMK), ITV plc (ITV), Sinclair Broadcast Group (SBGI), TiVo Corporation (TIVO), Gray Television (GTN), Liberty Media Corporation (BATRK), Central European Media Enterprises (CETV), Global Eagle Entertainment (ENT), Phoenix New Media Limited (FENG), Comcast (CMCSK), Directv (DTV), Starz Acquisition LLC (STRZA) and Starz Acquisition LLC (LCAPA).

Comcast Corporation's management team includes the folowing people:

• Brian L. Roberts, Chairman of the Board, President, Chief Executive Officer
• Michael J. Cavanagh, Chief Financial Officer, Senior Executive Vice President
• David N. Watson, President, Chief Executive Officer
• Arthur R. Block, Executive Vice President, General Counsel, Secretary
• Stephen B. Burke, Senior Executive Vice President: President and Chief Executive Officer, NBC Universal Holdings and NBC Universal
• David L. Cohen J.D., Senior Executive Vice President
• Daniel C. Murdock, Senior Vice President, Chief Accounting Officer
• Kornelis Smit Jr., Non-Executive Vice Chairman of the Board
• Edward D. Breen, Lead Independent Director
• Sheldon M. Bonovitz, Director

Comcast Corporation's stock is owned by a number of of institutional and retail investors. Top institutional investors include Fisher Asset Management LLC (0.29%), Bank of Montreal Can (0.27%), Tesco Pension Investment Ltd (0.09%), Chevy Chase Trust Holdings Inc. (0.09%), NN Investment Partners Holdings N.V. (0.09%) and Jarislowsky Fraser Ltd (0.08%). Company insiders that own Comcast Corporation stock include Arthur R Block, Brian L Roberts, David L Cohen, J Michael Cook, Judith Rodin, Kenneth J Bacon, Lawrence J Salva, Neil Smit, Sheldon M Bonovitz and Stephen B Burke. View Institutional Ownership Trends for Comcast Corporation.

Comcast Corporation's stock was sold by a variety of institutional investors in the last quarter, including Fisher Asset Management LLC, Bank of Montreal Can, Oakbrook Investments LLC, Armstrong Shaw Associates Inc. CT, Verde Servicos Internacionais S.A., Highland Capital Management LLC, Exxonmobil Investment Management Inc. TX and Capstone Asset Management Co.. Company insiders that have sold Comcast Corporation stock in the last year include Arthur R Block, Brian L Roberts, David L Cohen, Kenneth J Bacon, Lawrence J Salva, Neil Smit and Stephen B Burke. View Insider Buying and Selling for Comcast Corporation.

Comcast Corporation's stock was purchased by a variety of institutional investors in the last quarter, including NN Investment Partners Holdings N.V., Oregon Public Employees Retirement Fund, Mn Services Vermogensbeheer B.V., KAMES CAPITAL plc, National Pension Service, Aperio Group LLC, Patten & Patten Inc. TN and Pennsylvania Trust Co. View Insider Buying and Selling for Comcast Corporation.

Shares of Comcast Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Comcast Corporation stock can currently be purchased for approximately $39.49.