Comcast (NASDAQ:CMCSA) Upgraded at Seaport Res Ptn

Seaport Res Ptn upgraded shares of Comcast (NASDAQ:CMCSA - Free Report) from a hold rating to a strong-buy rating in a research report report published on Wednesday,Zacks.com reports. Seaport Res Ptn also issued estimates for Comcast's Q2 2025 earnings at $1.20 EPS, Q3 2025 earnings at $1.26 EPS, Q4 2025 earnings at $1.17 EPS and FY2025 earnings at $4.67 EPS.

A number of other analysts have also recently weighed in on CMCSA. Macquarie upped their price target on Comcast from $40.00 to $42.00 and gave the company a "neutral" rating in a research report on Monday, November 18th. Pivotal Research increased their target price on shares of Comcast from $47.00 to $54.00 and gave the stock a "buy" rating in a research report on Friday, November 1st. Deutsche Bank Aktiengesellschaft lifted their price target on shares of Comcast from $49.00 to $50.00 and gave the company a "buy" rating in a report on Friday, November 1st. Evercore ISI raised shares of Comcast to a "strong-buy" rating in a research note on Thursday, November 21st. Finally, Benchmark reiterated a "buy" rating and issued a $60.00 target price on shares of Comcast in a research note on Tuesday, November 19th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating, ten have given a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $47.19.

Comcast Stock Performance

CMCSA stock traded down $0.32 on Wednesday, reaching $39.92. 17,864,072 shares of the company were exchanged, compared to its average volume of 19,639,029. The firm has a market capitalization of $152.76 billion, a PE ratio of 10.82, a PEG ratio of 1.50 and a beta of 0.99. Comcast has a 12 month low of $36.43 and a 12 month high of $47.11. The stock's fifty day moving average price is $42.33 and its 200 day moving average price is $40.31. The company has a debt-to-equity ratio of 1.14, a current ratio of 0.72 and a quick ratio of 0.72.

Comcast (NASDAQ:CMCSA - Get Free Report) last posted its quarterly earnings data on Thursday, October 31st. The cable giant reported $1.12 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.06 by $0.06. Comcast had a net margin of 11.92% and a return on equity of 19.81%. The company had revenue of $32.07 billion for the quarter, compared to the consensus estimate of $31.78 billion. During the same quarter in the previous year, the firm posted $1.08 EPS. The business's revenue was up 6.5% compared to the same quarter last year. On average, research analysts anticipate that Comcast will post 4.26 EPS for the current fiscal year.

Comcast Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 29th. Investors of record on Wednesday, January 8th will be paid a dividend of $0.31 per share. The ex-dividend date is Wednesday, January 8th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 3.11%. Comcast's dividend payout ratio (DPR) is presently 33.33%.

Insider Buying and Selling at Comcast

In other news, President Michael J. Cavanagh sold 25,537 shares of the company's stock in a transaction that occurred on Tuesday, November 26th. The shares were sold at an average price of $42.59, for a total value of $1,087,620.83. Following the completion of the transaction, the president now owns 534,849 shares in the company, valued at $22,779,218.91. This represents a 4.56 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Brian L. Roberts sold 234,464 shares of Comcast stock in a transaction dated Tuesday, November 26th. The shares were sold at an average price of $42.66, for a total value of $10,002,234.24. Following the completion of the sale, the chief executive officer now directly owns 6,669,928 shares in the company, valued at $284,539,128.48. This represents a 3.40 % decrease in their position. The disclosure for this sale can be found here. Insiders own 1.26% of the company's stock.

Institutional Trading of Comcast

A number of hedge funds and other institutional investors have recently made changes to their positions in CMCSA. Wilmington Savings Fund Society FSB grew its holdings in Comcast by 55,334.5% during the third quarter. Wilmington Savings Fund Society FSB now owns 8,273,052 shares of the cable giant's stock worth $345,565,000 after purchasing an additional 8,258,128 shares during the period. FMR LLC lifted its stake in shares of Comcast by 5.4% during the 3rd quarter. FMR LLC now owns 117,420,328 shares of the cable giant's stock worth $4,904,647,000 after buying an additional 6,062,658 shares during the last quarter. AQR Capital Management LLC boosted its holdings in shares of Comcast by 92.1% during the 2nd quarter. AQR Capital Management LLC now owns 8,722,620 shares of the cable giant's stock worth $339,223,000 after buying an additional 4,182,525 shares during the period. Public Sector Pension Investment Board grew its stake in Comcast by 530.5% in the 3rd quarter. Public Sector Pension Investment Board now owns 3,429,298 shares of the cable giant's stock valued at $143,242,000 after buying an additional 2,885,370 shares during the last quarter. Finally, Darsana Capital Partners LP lifted its position in Comcast by 26.7% during the second quarter. Darsana Capital Partners LP now owns 9,500,000 shares of the cable giant's stock worth $372,020,000 after acquiring an additional 2,000,000 shares during the last quarter. 84.32% of the stock is currently owned by institutional investors and hedge funds.

Comcast Company Profile

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.