Comcast Corporation (CMCSA)
| Market Cap | 176.09B |
| Revenue (ttm) | 120.87B |
| Net Income (ttm) | 15.15B |
| Shares Out | 4.02B |
| EPS (ttm) | 3.60 |
| PE Ratio | 12.18 |
| Forward PE | 10.29 |
| Dividend | $1.16 (2.65%) |
| Ex-Dividend Date | Jan 2, 2024 |
| Volume | 13,695,609 |
| Open | 44.09 |
| Previous Close | 44.12 |
| Day's Range | 43.56 - 44.14 |
| 52-Week Range | 34.53 - 47.46 |
| Beta | 1.03 |
| Analysts | Buy |
| Price Target | 49.13 (+12.04%) |
| Earnings Date | Jan 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, advertising sales, and Sky channels. The Business Services Connectivity segment offers connectivity services for small business locations, which include broadband, voice, and wireless ser... [Read more]
Financial Performance
In 2022, Comcast's revenue was $121.43 billion, an increase of 4.33% compared to the previous year's $116.39 billion. Earnings were $5.37 billion, a decrease of -62.07%.
Financial StatementsAnalyst Forecast
According to 24 analysts, the average rating for CMCSA stock is "Buy." The 12-month stock price forecast is $49.13, which is an increase of 12.04% from the latest price.
News
Comcast And Paramount Reach Carriage Renewal, Averting Blackout
Top U.S. cable operator Comcast has reached a carriage renewal with Paramount Global, averting a potential blackout of service around the New Year's holiday. The deal, confirmed to Deadline by a Param...
Comcast-Warner may be a better merger in terms of scale, says New York Times' Jim Stewart
Jim Stewart, The New York Times columnist, joins 'Money Movers' to discuss the outlook for the legacy media industry, Warner Bros. and Paramount's potential merger, and more.
Former NBC Cable President Tom Rogers on big media mergers in 2024
Tom Rogers, Oorbit Gaming and Entertainment executive chairman and former NBC Cable president, joins ‘Squawk Box' to discuss the state of the media landscape, whether next year could be a big year for...
Universal banks on 'Migration' to expand its animation lead over Disney
Disney's animation studios have struggled to generate box-office returns recently while Universal's Illumination and DreamWorks studios continue to deliver.
Universal considers European theme-park rival to Disney: report
Comcast Corp.'s CMCSA, NBCUniversal is mulling a theme-park resort in the United Kingdom that would compete squarely with Walt Disney Co. DIS, +1.15%. According to a Wall Street Journal report Tuesday...
Universal May Build New Theme Park In U.K.
NBCUniversal has recently purchased land in Bedford in the U.K. where it may build new a theme park. It's early in the planning process and may be some time before a final decision is made to proceed....
Comcast to Host Fourth Quarter and Full Year 2023 Earnings Conference Call
PHILADELPHIA--(BUSINESS WIRE)--Comcast Corporation will host a conference call with the financial community to discuss financial results for the fourth quarter and full year 2023 on Thursday, January ...
Comcast Reports Hack Exposed Data of Nearly 36 Million Xfinity Customers
Comcast says hackers stole personal data from millions of customers during a recent breach. The data breach involved customers of the company's cable and internet business Xfinity, Comcast announced M...
Comcast Reveals Major Xfinity Data Breach, Says It's Not Aware Of “Any Attacks On Our Customers”
Comcast has revealed that a major data breach at Xfinity may have compromised the accounts of close to 36 million subscribers.
Will 2024 bring good tidings to media and telecom companies? That's unlikely
It's human nature to be optimistic entering a new year, but it's hard not to view 2024 as a year of uncertainty for media and telecommunications companies.
Comcast says hackers stole data of close to 36 million Xfinity customers
Comcast has confirmed that hackers exploiting a critical-rated security vulnerability accessed the sensitive information of almost 36 million Xfinity customers. This vulnerability, known as “CitrixBle...
Comcast's Xfinity warns customer information ‘likely acquired' in hacking incident
The unauthorized access led to customer information that was "likely acquired," including usernames, hashed passwords, contact details and last four digits of social security numbers, the company said...
Comcast's Xfinity flags data security incident
Comcast's Xfinity said on Monday there was unauthorized access to its internal systems between Oct. 16 and Oct. 19.
US Chamber, Comcast oppose plan to reinstate net neutrality
The U.S. Chamber of Commerce and Comcast Corp said Thursday they sharply oppose the Federal Communications Commission's proposal to reinstate landmark net neutrality rules.
Comcast Donates $100,000 to Three Middle Tennessee Nonprofits to Support Tornado Relief Efforts
NASHVILLE, Tenn.--(BUSINESS WIRE)-- #MiddleTennessee--Comcast announced it will provide $100,000 to three nonprofit organizations to support disaster relief and recovery efforts in Middle Tennessee.
Disney, Comcast increase US ad spending on Instagram after dropping Musk's X - report
Big U.S. companies including Walt Disney and Comcast increased advertising spending on Instagram after pausing commercials on X last month, according to Sensor Tower, as marketers flee the Elon Musk-o...
3 of the Best Stocks for Value Investors to Buy Now
#Morningstar #ComcastStock #StockInvesting These cheap stocks from companies with wide economic moats look attractive for 2024. 00:00 Introduction 00:46 Medtronic MDT 01:21 Comcast CMCSA 02:00 RTX RT...
Comcast's MachineQ Teams Up with New Ecosystem Partner to Tackle Pesky Problems in Hotel Guestrooms
PHILADELPHIA--(BUSINESS WIRE)--Comcast's MachineQ Teams Up with New Ecosystem Partner to Tackle Pesky Problems in Hotel Guestrooms.
Comcast to raise prices for its Xfinity programs
Comcast is raising prices for its Xfinity program, the media giant said on Wednesday, as it looks to offset high programming costs.
Comcast Has Collected Big Disney Check For Hulu Stake, “Expects, Certainly Hopes” For More As Valuation Process Underway
Comcast has collected what it hopes will be a first payment from Disney for its stake in Hulu, marking “the beginning of a process” to value the streamer, company President Mike Cavanagh said at a med...
Comcast Now Available to 2,000 Additional Vermont Homes and Businesses
SOUTH BURLINGTON, Vt., Nov. 30, 2023 /PRNewswire/ -- Comcast today announced the completion of a project to expand its Xfinity 10G Network and deliver its full suite of Xfinity and Comcast Business se...
Thanksgiving TV broadcasts drew record-breaking ratings, even as industry grapples with cord-cutting
Thanksgiving broadcasts broke ratings records across the board, even as traditional TV grapples with cord-cutting.
Former NBCUniversal chief Jeff Shell in talks to join private equity firm RedBird
Former NBCUniversal Chief Executive Jeff Shell is in talks to join private equity firm RedBird Capital Partners, among others, he confirmed to Reuters on Monday.
NFL's Black Friday game is the latest warning sign for traditional TV
NFL's first Black Friday game, between the New York Jets and Miami Dolphins, is streaming exclusively on Amazon Prime.
David Letterman returns to the CBS ‘Late Show' — for a night
That's former CBS PARA “Late Show” host David Letterman on his thoughts about returning to the program — at least for one night.