Comcast (NASDAQ:CMCSA) will release its earnings data before the market opens on Wednesday, January 24th. Analysts expect Comcast to post earnings of $0.50 per share for the quarter.

Comcast (NASDAQ:CMCSA) last issued its quarterly earnings results on Thursday, October 26th. The cable giant reported $0.52 EPS for the quarter, topping analysts’ consensus estimates of $0.49 by $0.03. The company had revenue of $20.98 billion for the quarter, compared to analyst estimates of $21.05 billion. Comcast had a net margin of 11.99% and a return on equity of 17.17%. Comcast’s revenue was down 1.6% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.92 earnings per share. On average, analysts expect Comcast to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Comcast (CMCSA) opened at $41.82 on Wednesday. The company has a market cap of $195,460.00, a price-to-earnings ratio of 19.73, a PEG ratio of 1.87 and a beta of 1.00. The company has a debt-to-equity ratio of 1.06, a quick ratio of 0.74 and a current ratio of 0.74. Comcast has a fifty-two week low of $34.78 and a fifty-two week high of $42.71.

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, January 24th. Stockholders of record on Wednesday, January 3rd will be issued a dividend of $0.157 per share. The ex-dividend date of this dividend is Tuesday, January 2nd. This represents a $0.63 dividend on an annualized basis and a dividend yield of 1.50%. Comcast’s dividend payout ratio (DPR) is presently 29.72%.

In other news, EVP Arthur R. Block sold 3,937 shares of the business’s stock in a transaction dated Wednesday, December 27th. The shares were sold at an average price of $40.62, for a total transaction of $159,920.94. Following the completion of the sale, the executive vice president now directly owns 65,946 shares of the company’s stock, valued at $2,678,726.52. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Chairman Brian L. Roberts sold 583,835 shares of the business’s stock in a transaction dated Thursday, December 14th. The stock was sold at an average price of $38.67, for a total transaction of $22,576,899.45. Following the sale, the chairman now directly owns 1,711,798 shares of the company’s stock, valued at $66,195,228.66. The disclosure for this sale can be found here. Insiders have sold 593,402 shares of company stock worth $22,961,401 in the last quarter. Company insiders own 1.28% of the company’s stock.

Several large investors have recently bought and sold shares of CMCSA. Clear Perspective Advisors LLC increased its position in shares of Comcast by 100.1% during the second quarter. Clear Perspective Advisors LLC now owns 2,722 shares of the cable giant’s stock worth $106,000 after acquiring an additional 1,362 shares in the last quarter. Krilogy Financial LLC increased its position in shares of Comcast by 99.9% during the second quarter. Krilogy Financial LLC now owns 5,460 shares of the cable giant’s stock worth $212,000 after acquiring an additional 2,728 shares in the last quarter. Tower Research Capital LLC TRC increased its position in shares of Comcast by 618.8% during the second quarter. Tower Research Capital LLC TRC now owns 5,477 shares of the cable giant’s stock worth $213,000 after acquiring an additional 4,715 shares in the last quarter. Highland Private Wealth Management increased its position in shares of Comcast by 3.1% during the second quarter. Highland Private Wealth Management now owns 7,156 shares of the cable giant’s stock worth $278,000 after acquiring an additional 214 shares in the last quarter. Finally, Optimum Investment Advisors grew its position in Comcast by 28.1% in the 2nd quarter. Optimum Investment Advisors now owns 7,263 shares of the cable giant’s stock worth $283,000 after purchasing an additional 1,591 shares in the last quarter. 82.20% of the stock is owned by institutional investors.

Several equities analysts recently issued reports on CMCSA shares. TD Securities lowered shares of Comcast from an “action list buy” rating to a “buy” rating and boosted their target price for the company from $42.60 to $51.00 in a report on Friday, January 12th. Morgan Stanley boosted their target price on shares of Comcast from $44.00 to $50.00 and gave the company an “outperform” rating in a report on Tuesday, January 9th. Evercore ISI restated an “outperform” rating and issued a $48.00 target price (up previously from $44.00) on shares of Comcast in a report on Tuesday, January 9th. Buckingham Research boosted their target price on shares of Comcast from $48.00 to $50.00 and gave the company a “buy” rating in a report on Monday, January 8th. Finally, Pivotal Research restated a “buy” rating and issued a $50.00 target price on shares of Comcast in a report on Tuesday, December 19th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and twenty-seven have assigned a buy rating to the stock. The company currently has an average rating of “Buy” and a consensus price target of $46.15.

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About Comcast

Comcast Corporation is a media and technology company. The Company has two primary businesses: Comcast Cable and NBCUniversal. Its Comcast Cable business operates in the Cable Communications segment. Its NBCUniversal business operates in four business segments: Cable Networks, Broadcast Television, Filmed Entertainment and Theme Parks.

Earnings History for Comcast (NASDAQ:CMCSA)

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