CMCSA - Comcast Corporation

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
45.93
+0.33 (+0.72%)
At close: 4:00PM EDT
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Previous Close45.60
Open45.83
Bid0.00 x 4000
Ask0.00 x 2900
Day's Range45.51 - 45.96
52 Week Range32.61 - 47.27
Volume9,393,032
Avg. Volume16,011,592
Market Cap208.751B
Beta (3Y Monthly)0.99
PE Ratio (TTM)17.54
EPS (TTM)2.62
Earnings DateOct 24, 2019
Forward Dividend & Yield0.84 (1.84%)
Ex-Dividend Date2019-10-01
1y Target Est50.37
Trade prices are not sourced from all markets
  • Susan Rice joins Influencers with Andy Serwer
    Yahoo Finance Video

    Susan Rice joins Influencers with Andy Serwer

    Yahoo Finance Editor-in-Chief Andy Serwer sits down with former UN Ambassador and National Security Advisor to President Obama, Susan Rice.

  • UW Athletics 'tech refresh' brings all the comforts of home to the stadium (Photos)
    American City Business Journals

    UW Athletics 'tech refresh' brings all the comforts of home to the stadium (Photos)

    The University of Washington Athletics Department created the chief technology officer position in 2014 because of the campus’ growing technology footprint. Earlier this year, it announced a partnership with Comcast.

  • Netflix (NFLX) Q3 Earnings Beat, User Addition Target Missed
    Zacks

    Netflix (NFLX) Q3 Earnings Beat, User Addition Target Missed

    Netflix (NFLX) adds 6.8 million subscribers in the third quarter of 2019, lower than management's expectation of 7 million.

  • Comcast (CMCSA) Earnings Expected to Grow: Should You Buy?
    Zacks

    Comcast (CMCSA) Earnings Expected to Grow: Should You Buy?

    Comcast (CMCSA) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

  • Michael Parker Named Regional Senior Vice President of Comcast's Keystone Region
    PR Newswire

    Michael Parker Named Regional Senior Vice President of Comcast's Keystone Region

    PITTSBURGH, Oct. 17, 2019 /PRNewswire/ -- Michael Parker has been named Senior Vice President of the Keystone Region, where he will oversee more than 3,600 Comcast employees and lead operations, financial performance and customer service for approximately 1.7 million customers in Pennsylvania, Ohio, West Virginia, and Maryland. "I've worked with Michael for many years and I'm thrilled he has accepted this role to continue the Keystone Region's success. A veteran of the U.S. Marine Corps Reserve, Parker has spent the last 18 years in progressively larger leadership positions at Comcast.

  • Business Wire

    Michael Parker Named Regional Senior Vice President of Comcast’s Keystone Region

    Michael Parker has been named Senior Vice President of the Keystone Region, where he will oversee more than 3,600 Comcast employees and lead operations, financial performance and customer service for approximately 1.7 million customers in Pennsylvania, Ohio, West Virginia, and Maryland. “I’ve worked with Michael for many years and I’m thrilled he has accepted this role to continue the Keystone Region’s success. A veteran of the U.S. Marine Corps Reserve, Parker has spent the last 18 years in progressively larger leadership positions at Comcast.

  • Netflix Rises Most Since January on Booming Overseas Growth
    Bloomberg

    Netflix Rises Most Since January on Booming Overseas Growth

    (Bloomberg) -- Netflix Inc. jumped the most in nine months after its third-quarter results allayed concerns about looming competition from Walt Disney Co. and Apple Inc.The company added 6.77 million subscribers in the third quarter, with stronger-than-expected growth overseas, it said Wednesday after markets closed. Earnings also topped Wall Street estimates, letting investors overlook a tepid forecast for the final quarter of the year.Investors had been bracing for a weak showing after Netflix delivered a disappointing quarter three months ago. The stock had been flagging for weeks. The actual results -- though far from perfect -- were a relief, sending the shares up as much as 7.9% in New York trading Thursday.“It was a really strong quarter -- not just around subscribers, the overall business performance,” Chief Financial Officer Spencer Neumann said in a taped interview with Guggenheim Securities analyst Michael Morris.International markets account for almost all of Netflix’s growth -- and most of its total customers. The world’s largest paid online TV network signed up 6.26 million new users outside the U.S., beating forecasts. Netflix expects to sign 7 million more international customers during the current three months, ending the year with its strongest overseas growth to date.The company benefited from new seasons of a couple of its most popular shows. The teen science-fiction show “Stranger Things” was viewed by 64 million households in its first four weeks, making it the most-watched season of original programming on Netflix. A new season of “La Casa de Papel,” a Spanish heist series, was viewed by 44 million households. It was Netflix’s most-watched show in non-English-speaking countries.Netflix is looking to stoke demand outside the U.S. by investing more in international original series. The company has already released 100 seasons of local language scripted series from 17 countries, and plans to release more than 130 next year alone.Overseas markets will be even more important in the face of new competition from Disney, Apple, Comcast Corp. and AT&T Inc. All four of those companies will introduce new streaming services in the next few months, starting in the U.S. While the final three months of the year are typically among the company’s strongest, Netflix expects to add a total of 7.6 million more customers in the fourth quarter -- fewer than it did a year ago.‘Noisy’ LaunchThe new services from Disney and Apple both launch next month. The Disney+ platform is geared toward kids and families, with hundreds of movies and shows, including Star Wars, Avengers and Pixar fare. Apple’s product is more adult-oriented and has less content.“The launch of these new services will be noisy,” Netflix said in its quarterly letter to investors. “There may be some modest headwind to our near-term growth, and we have tried to factor that into our guidance.”The stock has taken a beating lately, dropping 21% since the prior quarter’s miss was announced in July. Even after the latest rally, it’s not back to its summertime highs, but Netflix has restored the faith of many investors.Third-quarter revenue grew 31% to $5.24 billion, just shy of Wall Street projections. Profit increased to $1.47 a share, easily beating analysts’ estimates of $1.05. This quarter, the company forecasts earnings of 51 cents a share on sales of $5.44 billion. Both are below Wall Street estimates.Recent price hikes have lifted both profit and revenue. Those increases have slowed subscriber growth in the U.S., however. Gains in the U.S. last quarter amounted to just 520,000 new accounts, and the company is going to post its weakest growth at home in years, adding just 2.7 million customers this year.The Los Gatos, California-based company will continue to use the junk-bond market to finance its programming costs, which are expected to total about $15 billion this year.Netflix didn’t say whether it would increase prices again any time soon. It does plan to test more mobile-only and cheaper plans in poorer countries across Asia, where it has the most room to grow.“We’re incredibly low-priced compared to cable,” Chief Executive Officer Reed Hastings said. “We’re winning more and more viewing.”To contact the reporter on this story: Lucas Shaw in Los Angeles at lshaw31@bloomberg.netTo contact the editors responsible for this story: Nick Turner at nturner7@bloomberg.net, John J. Edwards IIIFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Moody's

    Lions Gate Capital Holdings LLC -- Moody's places Lions Gate's debt ratings (Ba3 CFR) on review for downgrade

    Moody's Investors Service ("Moody's") placed Lions Gate Entertainment Corp.'s (Lions Gate) Ba3 corporate family rating (CFR), Ba3-PD probability of default rating, as well as the Ba2 1st lien senior secured credit facility rating and B2 senior unsecured notes ratings issued under its wholly owned US subsidiary, Lions Gate Capital Holdings LLC's (Lionsgate Capital) on review for downgrade. The review is prompted by the announcement that Starz will purportedly be dropped by Comcast Corporation's (Comcast) pay TV platform after its agreement expires at the end of 2019.

  • Comcast's Top Subsidiaries
    Investopedia

    Comcast's Top Subsidiaries

    The Comcast Corporation is a major TV and broadcasting company, having a number of subsidies that power earnings.

  • Barrons.com

    Charter and Altice Stock Could Keep Rising. Here’s Why.

    Cable internet and TV providers’ stocks have soared in 2019. AllianceBernstein sees a couple that can continue to gain.

  • Bloomberg

    Netflix Results Will Test Investors’ Mettle as Competition Looms

    (Bloomberg) -- The stakes are often high when Netflix Inc. reports results: Stock swings of 10% or more aren’t uncommon. But with the shares down more than a fifth since the streaming giant disappointed investors in July, the risk of another plunge may be lower this time around.When Netflix posts results after markets close Wednesday, analysts expect an increase of about 800,000 U.S. subscribers for the third quarter and about 6 million internationally. Whether or not the company hits those targets may depend on how much Netflix’s new programming resonated with viewers.The timing of Netflix’s latest shows probably helped subscriber growth, said Third Bridge’s Scott Kessler, who cited the new season of “Stranger Things” as a potential driver. Netflix also may have gotten a boost from a competitor’s show, HBO’s “Game of Thrones,” ending its run.Gerber Kawasaki Inc., a Netflix investor, also expects “a pop from the people moving from HBO and resubscribing,” thanks to “Stranger Things.”Still, Gerber investment adviser Nick Licouris said the firm has been reducing its position because of looming competition from Apple Inc., Walt Disney Co., AT&T Inc. and Comcast Corp. The Santa Monica, California-based wealth manager holds more than 12,000 shares valued at almost $3.7 million, according to a June regulatory filing.The earnings report this afternoon “is a heavily debated setup, the trickiest one in a while,” said Lynx Equity analysts KC Rajkumar and Jahanara Nissar. The firm called it “a high-wire act” where “much could go wrong.”Given that Netflix has been growing so much faster internationally, analysts will be eyeing the company’s progress -- and spending -- in key foreign markets.“We’re looking to see if there’s any meaningful traction with some of the lower-priced, mobile-only plans -- with India primarily,” Andy Hargreaves, a KeyBanc Capital analyst, said in an interview.Netflix itself predicted in July it would add a total of 7 million subscribers in the third quarter -- 800,000 in the U.S. and 6.2 million elsewhere.Read more: Netflix Investors Are Bracing for Another Disappointing QuarterMany investors may still be smarting from the company’s last quarterly report. Three months ago, Netflix posted disappointing second-quarter subscriber growth -- and a rare drop in the U.S. The shares slumped 10%.“It would be hard for it to be worse” this time, Hargreaves said, though investor concerns will persist as new streaming services increase the risk of higher subscriber churn or marketing costs, according to a note.Rosenblatt Securities predicts the company’s fourth-quarter subscriber guidance will miss Wall Street’s consensus, according to a note from analyst Bernie McTernan. He expects the forecast to “be treated with greater than normal skepticism” given that Netflix is reporting weeks before the launch of competing offerings, such as Disney+.“Netflix has never faced this level of competition from a new entrant,” he wrote.And although Netflix remains the largest short in the film and entertainment sector, “short sellers have been slowly trimming their exposure,” according to financial analytics firm S3 Partners. The streaming service’s short interest totals $6.2 billion with almost 22 million shares shorted and about 1.8 million shares covered since the beginning of August, the firm said.Gerber’s Licouris sees room for both a Netflix and Disney+, but warns that “at some point, it becomes extremely saturated.”On Tuesday, for example, the largest U.S. theater chain, AMC Entertainment Holdings Inc., announced a new service that would give U.S. subscribers online access to nearly 2,000 movies for rent or purchase.See also: Netflix Earnings-Linked Options Lean Bullish in Run-Up to ReportWhat Bloomberg Intelligence Says:Netflix will not only have to exceed its guidance for 7 million subscriber additions but also deliver a healthy 4Q forecast to allay concerns that have dogged the company.-- Geetha Ranganathan, senior media analyst-- Click here for the researchJust the Numbers3Q streaming paid net change estimate (Bloomberg MODL)3Q domestic +798,3603Q international +6 million3Q revenue estimate $5.25 billion (Bloomberg data)3Q GAAP EPS estimate $1.05 (range $1 to $1.23)4Q streaming paid net change estimate (Bloomberg MODL)4Q domestic +1.28 million4Q international +8.04 million4Q revenue estimate $5.51 billion (range $5.40 billion to $5.70 billion)4Q GAAP EPS estimate 82c (range 44c to $1.12)Data31 buys, 10 holds, 4 sells; avg. PT $365.36Implied 1-day share move following earnings: 11.0%Shares rose after 6 of prior 12 earnings announcementsGAAP EPS beat estimates in 9 of past 12 quartersTimingEarnings release expected 4 p.m. (New York time) Oct. 16Conference call websiteFor deep estimates in this story see NFLX US Equity MODL(Adds analyst comment in sixth paragraph and short interest commentary in 14th.)To contact the reporter on this story: Kamaron Leach in New York at kleach6@bloomberg.netTo contact the editors responsible for this story: Catherine Larkin at clarkin4@bloomberg.net, Nick Turner, Rob GolumFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Benzinga

    Bernstein Positive On Telecoms: A Stock-By-Stock Breakdown

    Bernstein has launched coverage of the telecom, cable and satellite sector with a mostly positive outlook and bullish recommendations on several stocks. The Analyst Bernstein analyst Peter Supino initiated ...

  • Investing.com

    Day Ahead - Top 3 Things to Watch

    Investing.com - Here's a preview of the top 3 things that could rock markets tomorrow

  • Roku to Offer Apple TV on Devices, Stir Up Streaming War
    Zacks

    Roku to Offer Apple TV on Devices, Stir Up Streaming War

    Roku's (ROKU) shares gain following the announcement of the availability of Apple TV on select devices. Also, Apple TV+ will be available beginning Nov 1.

  • Comcast NBCUniversal to Provide $2 Million in Scholarships to High School Seniors: Application Window Open
    PR Newswire

    Comcast NBCUniversal to Provide $2 Million in Scholarships to High School Seniors: Application Window Open

    PHILADELPHIA, Oct. 16, 2019 /PRNewswire/ -- Comcast NBCUniversal is pleased to invite high school seniors across the country to apply for the Comcast Leaders and Achievers® Scholarship Program, which recognizes students who have demonstrated outstanding community service, exceptional academic performance, and strong leadership skills. The award, funded by the Comcast NBCUniversal Foundation, is a one-time, $2,500 scholarship to be used toward undergraduate education-related expenses.

  • Comcast NBCUniversal to Provide $2 Million in Scholarships to High School Seniors
    PR Newswire

    Comcast NBCUniversal to Provide $2 Million in Scholarships to High School Seniors

    PHILADELPHIA, Oct. 16, 2019 /PRNewswire/ -- Comcast NBCUniversal is pleased to invite high school seniors across the country to apply for the Comcast Leaders and Achievers® Scholarship Program, which recognizes students who have demonstrated outstanding community service, exceptional academic performance, and strong leadership skills. The award, funded by the Comcast NBCUniversal Foundation, is a one-time, $2,500 scholarship to be used toward undergraduate education-related expenses.

  • Charts Suggest Consumer Services Sector Is Headed Higher
    Investopedia

    Charts Suggest Consumer Services Sector Is Headed Higher

    Bullish chart patterns and nearby support levels make the consumer services sector one to watch heading into the final months of 2019.

  • Business Wire

    Comcast Business Expands Managed Broadband Footprint into Canada

    Comcast Business today announced that it has signed an access agreement with iTel Networks Inc., a leading Canadian network service provider, to deliver managed broadband services to U.S.-based enterprise customers with a presence in Canada. Comcast Business will leverage iTel Networks’ vendor relationships to expand Comcast Business’ footprint and support its U.S.-based Enterprise Solutions customers’ locations throughout Canada with its Managed Broadband offering.

  • As Netflix earnings loom, here comes an onslaught of competition — and content
    MarketWatch

    As Netflix earnings loom, here comes an onslaught of competition — and content

    The start of the traditional fall TV season in late September has been teeming with ads for new streaming services from Apple Inc. and Walt Disney Co., both of which debut later this year. It all makes for must-see streaming-TV as Netflix kicks off the earnings season among the principal combatants this week.

  • Comcast catches heat for moving classic movie channel to pricier package
    American City Business Journals

    Comcast catches heat for moving classic movie channel to pricier package

    TCM is owned by AT&T;, which is increasingly competing with Comcast as streaming wars begin to heat up.

  • Barclays Raises Its 12-Month Target Price for Comcast
    Market Realist

    Barclays Raises Its 12-Month Target Price for Comcast

    Yesterday, Barclays increased its target price for Comcast (CMCSA) stock from $45 to $48, which implies a 6.1% return over the next year.

  • Big Bank & Healthcare Earnings, Netflix Q3 Preview & Buy Lululemon Stock - Free Lunch
    Zacks

    Big Bank & Healthcare Earnings, Netflix Q3 Preview & Buy Lululemon Stock - Free Lunch

    Breaking down some of Tuesday's major Q3 earnings results from giants such as JPMorgan Chase and UnitedHealth. A look at what to expect from Netflix's third quarter financials Wednesday. And why Lululemon is a Zacks Rank 1 (Strong Buy) stock...

  • Comcast Spectacor targets lucrative esports market, launches venture with Korean partner
    American City Business Journals

    Comcast Spectacor targets lucrative esports market, launches venture with Korean partner

    Comcast Spectacor and SK Telecom of South Korea on Tuesday officially launched T1 Entertainment & Sports, a global esports joint venture aimed at capitalizing on the fast-growing world of competitive online gaming. Joe Marsh, most recently chief business officer for Comcast Spectacor's gaming division and its Philadelphia Fusion Overwatch League team, has been named CEO of T1.

  • American City Business Journals

    Construction update: Universal’s Dockside resort brings the coast to I-Drive

    Orlando's International Drive corridor is set to change once again in less than six months. The new 2,050-room Dockside resort is expected to debut next spring/summer and will complete Universal’s Endless Summer Resort property.  Travelers along I-Drive can see the exterior of the resort starting to take on its final form as crews increase the activity indoors to get the interiors ready for guests next year. Here’s how Universal previously described the resort, via its official blog: Universal's Endless Summer Resort is marketing rates as low as $85 per night and has rooms that sleep up to six people.

  • American City Business Journals

    Universal Orlando unveils replacement for Terminator 2 attraction

    It will feature "thrilling chase scenes, punishing fistfights, death-defying leaps and danger at every turn."