Comcast (CMCSA) to Release Quarterly Earnings on Thursday

Comcast (NASDAQ:CMCSA - Get Free Report) is projected to announce its Q1 2025 earnings results before the market opens on Thursday, April 24th. Analysts expect Comcast to post earnings of $1.01 per share and revenue of $29.82 billion for the quarter.

Comcast (NASDAQ:CMCSA - Get Free Report) last released its quarterly earnings data on Thursday, January 30th. The cable giant reported $0.96 earnings per share for the quarter, topping the consensus estimate of $0.88 by $0.08. Comcast had a return on equity of 19.98% and a net margin of 13.09%. On average, analysts expect Comcast to post $4 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Comcast Trading Down 1.2 %

Shares of Comcast stock traded down $0.41 during midday trading on Monday, reaching $33.60. 22,920,994 shares of the company's stock traded hands, compared to its average volume of 21,741,335. The company has a debt-to-equity ratio of 1.09, a quick ratio of 0.68 and a current ratio of 0.68. Comcast has a 12 month low of $32.20 and a 12 month high of $45.31. The company has a market cap of $127.04 billion, a PE ratio of 8.10, a price-to-earnings-growth ratio of 1.78 and a beta of 0.94. The stock has a 50 day moving average of $35.49 and a 200-day moving average of $38.23.

Comcast Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 23rd. Investors of record on Wednesday, April 2nd will be paid a $0.33 dividend. This is an increase from Comcast's previous quarterly dividend of $0.31. This represents a $1.32 dividend on an annualized basis and a yield of 3.93%. The ex-dividend date is Wednesday, April 2nd. Comcast's dividend payout ratio is presently 31.81%.

Analyst Ratings Changes

Several research analysts have recently issued reports on CMCSA shares. Sanford C. Bernstein set a $38.00 target price on Comcast in a research report on Friday, January 31st. StockNews.com upgraded shares of Comcast from a "buy" rating to a "strong-buy" rating in a research note on Thursday, February 27th. Rosenblatt Securities cut their price objective on shares of Comcast from $45.00 to $36.00 and set a "neutral" rating on the stock in a report on Monday, February 3rd. BNP Paribas cut Comcast from a "neutral" rating to an "underperform" rating and set a $31.00 price target on the stock. in a research report on Thursday, April 10th. Finally, Barclays lowered their price objective on Comcast from $42.00 to $37.00 and set an "equal weight" rating for the company in a research note on Monday, February 3rd. Two research analysts have rated the stock with a sell rating, eight have issued a hold rating, eight have given a buy rating and three have assigned a strong buy rating to the company's stock. According to data from MarketBeat, Comcast has an average rating of "Moderate Buy" and a consensus price target of $42.50.

Institutional Investors Weigh In On Comcast

An institutional investor recently raised its position in Comcast stock. Brighton Jones LLC increased its position in shares of Comcast Co. (NASDAQ:CMCSA - Free Report) by 150.9% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 166,265 shares of the cable giant's stock after purchasing an additional 99,986 shares during the period. Brighton Jones LLC's holdings in Comcast were worth $6,240,000 at the end of the most recent reporting period. 84.32% of the stock is currently owned by hedge funds and other institutional investors.

About Comcast

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, sky-branded entertainment television networks, and advertising.