CMCSA - Comcast Corporation

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
47.44
+0.14 (+0.30%)
At close: 4:00PM EST

47.60 +0.16 (0.34%)
After hours: 7:55PM EST

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Previous Close47.30
Open47.50
Bid47.56 x 1100
Ask47.68 x 1100
Day's Range47.28 - 47.70
52 Week Range34.67 - 47.74
Volume18,251,633
Avg. Volume19,254,632
Market Cap215.816B
Beta (5Y Monthly)1.06
PE Ratio (TTM)17.58
EPS (TTM)2.70
Earnings DateJan 22, 2020
Forward Dividend & Yield0.84 (1.78%)
Ex-Dividend DateJan 05, 2020
1y Target Est51.06
  • Procter & Gamble, Intel earnings: What to know in markets Thursday
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    Procter & Gamble, Intel earnings: What to know in markets Thursday

    Earnings season is in full swing and several heavyweights are gearing up to report results Thursday including consumer staples giant Procter & Gamble and chipmaker Intel.

  • Intel’s volatile forecast, Comcast’s changing cycle and airlines’ Boeing drama take earnings stage
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    Intel’s volatile forecast, Comcast’s changing cycle and airlines’ Boeing drama take earnings stage

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  • Reuters

    RPT-Opening of Trump impeachment trial draws 11 million TV viewers

    About 11 million TV viewers watched the start of the U.S. Senate impeachment trial of President Donald Trump on Tuesday when lawmakers sparred for hours over witnesses and records for the historic proceedings, according to Nielsen ratings data. The total fell short of the roughly 13.8 million viewers across 10 broadcast and cable television networks who tuned in last November for the first day of the House of Representatives impeachment inquiry into Trump. The audience figure on Tuesday covered the 4-1/2 hours of daytime coverage by six cable and broadcast networks that aired live telecasts on Tuesday.

  • Comcast earnings expected to focus on Peacock streaming service due in April
    MarketWatch

    Comcast earnings expected to focus on Peacock streaming service due in April

    The latest video-streaming entrant from Comcast Corp., due in April, is likely to be the focus of attention when it announces fourth-quarter results Thursday after markets close.

  • 5 Spectacular Earnings Charts
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  • ETFs in Focus on Netflix's Solid Q4 But Weak Outlook
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    ETFs in Focus on Netflix's Solid Q4 But Weak Outlook

    Netflix offered a weak outlook, raising concerns about its dominance in an increasingly crowded field.

  • Netflix Slides on Outlook for Greater Competitive Threats
    Bloomberg

    Netflix Slides on Outlook for Greater Competitive Threats

    (Bloomberg) -- Netflix Inc. says it’s ready to take on the toughest year in its history in terms of new streaming competition. Investors have their doubts.Netflix delivered generally upbeat fourth-quarter results after Tuesday’s close, with overseas growth helping offset a slowdown at home, but it expects to add fewer subscribers in the current quarter than Wall Street projected.The shares tumbled as much as 3.7%, the most since November, in New York trading Wednesday morning, after trending mostly higher amid volatile trading since the postclose report.With technology and media giants such as Apple Inc., AT&T Inc., Comcast Corp. and Walt Disney Co. all bringing new video platforms online, Netflix is working to keep customers loyal with a flood of shows and movies. The company plans to boost its spending by 20% this year, bringing its programming budget to about $12 billion on a profit-and-loss basis.“We view our big long-term opportunity as big and unchanged,” Chief Executive Officer Reed Hastings said during a pretaped recap of its fourth-quarter earnings, released Tuesday.Despite the muted first-quarter subscriber forecast, Netflix said there’s “ample room for many services to grow.”Netflix investors have been grappling with whether the company’s days of reliable growth are over. The company added fewer customers in 2019 than it did in 2018, and its increase in the U.S. and Canada decelerated by more than 3 million. In posting the results Tuesday, Netflix said price hikes and a growing array of options have made it harder to attract customers.It’s only going to get tougher. Apple’s TV+ and the Disney+ platform both launched in the U.S. during November, enticing consumers with lower-cost services, while AT&T’s HBO Max and Comcast’s Peacock are both coming online in the next few months.All those competitors are likely to slow customer additions and increase the number of existing customers who cancel Netflix.Against that backdrop, Netflix posted its weakest year of domestic subscriber growth since it first broke out its online service from the company’s traditional DVD-by-mail business in 2011. Netflix is projecting a gain of 7 million paid subscribers worldwide in the first quarter, short of the 7.82 million estimate.“We are working hard to improve our service to combat these factors,” it said in a letter to shareholders.Staying the CourseBut the Los Gatos, California-based company argues that its strategy is still sound, and competition shouldn’t cause it to change course. Losing popular shows such as “Friends” to its new rivals has had no impact on viewership so far. Netflix subscribers are just finding other shows to watch, Chief Content Officer Ted Sarandos said.For proof, Netflix can point to its global growth in the latest quarter. The company added 8.76 million customers in the period, compared with forecasts of 7.65 million. Hastings described them as “amazing numbers.”Netflix has pinned its future potential on growth outside the U.S., where it doesn’t yet face the same level of competition. Europe and Latin America have been the company’s engine in the past couple years, and continued to serve that role in the fourth quarter. Netflix added 4.4 million customers in Europe, bringing its overall total to almost 52 million, and another 2.04 million customers in Latin America.Non-English ShowsNetflix plans to release more than 100 seasons of local language programming next year. Though its biggest global hits are mostly English-language shows such as “Stranger Things” and “The Witcher,” its most popular programs in many territories are in other languages, like Spain’s “Casa de Papel.” The company is also experimenting with different pricing plans in Asia.Netflix has borrowed billions to fund all that programming, and its long-term debt stands at almost $15 billion. But the company said this past year will mark the high-water mark in terms of its cash burn. Earnings of $1.30 a share also handily beat analyst estimates of 30 cents, lifted by a tax benefit.Investors weren’t sure what to make of Netflix’s results at first. The shares had dropped as much as 3% to $327.97 in extended trading before rebounding, then drifted lower again Wednesday morning into the open. The company’s shares had climbed 4.5% so far this year before Tuesday’s close.“After several years of unchecked dominance in the U.S. streaming-video industry, Netflix faces high-profile new streaming rivals,” Geetha Ranganathan, a Bloomberg Intelligence analyst, said in a report. “Yet the breadth of its content and a compelling value proposition will make it hard for new entrants like Disney+ to unseat the company.”(An earlier version of the story corrected a quarterly financial comparison.)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 III, Cécile DauratFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • The Zacks Analyst Blog Highlights: Citrix Systems, Southwest Airlines, Comcast, Travelers Companies and Intuitive Surgical
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  • Netflix Beats Expectations and The Street Is Not Impressed
    Zacks

    Netflix Beats Expectations and The Street Is Not Impressed

    Netflix needs to continue producing quality content to remain a streaming necessity

  • Einhorn Short Target Netflix Soars Despite Low US Subscriber Growth
    GuruFocus.com

    Einhorn Short Target Netflix Soars Despite Low US Subscriber Growth

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  • Barrons.com

    Netflix Posted a Huge Earnings Beat, but the Stock Is Doing Nothing. Here’s Why.

    Netflix’s growth driver continued to be its international user base in the last quarter of 2019, its latest financial results showed.

  • New 'Top Chef' restaurant aims to drive traffic to Comcast Center
    American City Business Journals

    New 'Top Chef' restaurant aims to drive traffic to Comcast Center

    The fast-casual restaurant offers a menu inspired by dishes that appeared on one of "Top Chef"'s 16 seasons.

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    American City Business Journals

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    "Bad Boys for Life" grossed more than $73 million over the holiday weekend — and that's not even a record.

  • Investopedia

    Tough Year Ahead for Netflix Shareholders

    Netflix, Inc. (NFLX) has to prove that it can prosper in the expanding streaming war after Dow components The Walt Disney Company (DIS) and Apple Inc. (AAPL) fired up new services in the fourth quarter. Nervous Netflix shareholders hope that Tuesday's post-market earnings release takes a giant leap in that direction, with Wall Street analysts now expecting earnings per share (EPS) of $0.53 on fourth quarter revenues of $5.45 billion. There's little doubt that Netflix can find a comfortable niche within this growing competition, but its torrid growth rate may have topped out in 2019, and the stock can no longer sustain the still-lofty price-to-earnings (P/E) ratio of 109.

  • Ad-Supported Streaming Services to Gain Momentum in 2020
    Zacks

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    Ad-supported streaming services like Comcast's Peacock and Disney's Hulu among others are well poised to gain momentum in 2020.

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  • 5 Large-Cap Stocks Poised to Beat on Q4 Earnings This Week
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  • TheStreet.com

    Disney Moves Up Disney+ Launch in Europe to March 24

    Walt Disney is required to source 30% of its streaming content from the EU as part of European Union regulations.

  • Barrons.com

    It’s Time for Netflix to Consider Ads, Investor Says

    A portfolio manager says the time has come for Netflix to consider an advertising-supported version of its popular streaming service.

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    Top Stock Reports for Alphabet, JPMorgan & Comcast

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  • Netflix Q4 Earnings Preview: Time for Investors to Worry About NFLX Stock?
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    Netflix Q4 Earnings Preview: Time for Investors to Worry About NFLX Stock?

    Netflix is set to report its Q4 fiscal 2019 earnings results after the closing bell on Tuesday, January 21. The streaming TV giant's stock price has climbed over the last several months but Wall Street is worried about Netflix's growing competition...

  • Netflix Is Up To Bat This Q4 Earnings Season
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    Subscriber growth is going to be a crucial metric toNFLX's December quarter report is released

  • Comcast's Peacock Set for Launch With Free Subscription
    Zacks

    Comcast's Peacock Set for Launch With Free Subscription

    Comcast Corporation (CMCSA) announces multi-tiered pricing strategy for its new Peacock streaming service including ad-based free subscription offering slated for launch in April.

  • Factors to Consider Ahead of Comcast's (CMCSA) Q4 Earnings
    Zacks

    Factors to Consider Ahead of Comcast's (CMCSA) Q4 Earnings

    Comcast's (CMCSA) fourth-quarter 2019 earnings are likely to have benefited from the expanding high-speed Internet subscriber base and Sky's portfolio strength.