Royal Bank Of Canada Cuts Comcast (NASDAQ:CMCSA) Price Target to $31.00

Comcast (NASDAQ:CMCSA) had its target price decreased by Royal Bank Of Canada from $32.00 to $31.00 in a report published on Friday morning,MarketScreener reports. Royal Bank Of Canada currently has a sector perform rating on the cable giant’s stock.

Other research analysts have also issued research reports about the company. Weiss Ratings reissued a “hold (c-)” rating on shares of Comcast in a report on Friday, January 9th. Pivotal Research decreased their price target on shares of Comcast from $40.00 to $36.00 and set a “buy” rating on the stock in a report on Friday, October 31st. TD Cowen lowered their price objective on shares of Comcast from $46.00 to $40.00 and set a “buy” rating on the stock in a research report on Friday, October 31st. Scotiabank set a $37.50 target price on shares of Comcast in a research report on Wednesday, January 7th. Finally, Moffett Nathanson reduced their target price on Comcast from $58.00 to $53.00 and set a “buy” rating on the stock in a research note on Thursday, November 13th. Twelve analysts have rated the stock with a Buy rating, nineteen have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $34.89.

Comcast Trading Down 1.9%

Comcast stock opened at $27.82 on Friday. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.88 and a current ratio of 0.88. Comcast has a fifty-two week low of $25.75 and a fifty-two week high of $38.40. The stock has a market cap of $101.37 billion, a P/E ratio of 4.63, a PEG ratio of 1.98 and a beta of 0.81. The firm’s fifty day moving average price is $28.10 and its 200-day moving average price is $30.75.

Comcast (NASDAQ:CMCSA) last posted its earnings results on Thursday, October 30th. The cable giant reported $1.12 EPS for the quarter, topping the consensus estimate of $1.10 by $0.02. The business had revenue of $31.20 billion during the quarter, compared to analysts’ expectations of $30.74 billion. Comcast had a return on equity of 18.06% and a net margin of 18.33%.The firm’s revenue was down 2.7% on a year-over-year basis. During the same period in the previous year, the business earned $1.12 earnings per share. Equities research analysts forecast that Comcast will post 4.33 earnings per share for the current fiscal year.

Comcast Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 4th. Stockholders of record on Wednesday, January 14th will be paid a dividend of $0.33 per share. This represents a $1.32 dividend on an annualized basis and a dividend yield of 4.7%. The ex-dividend date of this dividend is Wednesday, January 14th. Comcast’s dividend payout ratio (DPR) is 21.96%.

Institutional Investors Weigh In On Comcast

Institutional investors have recently bought and sold shares of the stock. QRG Capital Management Inc. boosted its stake in shares of Comcast by 13.0% during the 2nd quarter. QRG Capital Management Inc. now owns 724,760 shares of the cable giant’s stock worth $25,867,000 after purchasing an additional 83,631 shares during the period. Osaic Holdings Inc. lifted its stake in Comcast by 39.9% in the second quarter. Osaic Holdings Inc. now owns 1,055,192 shares of the cable giant’s stock worth $37,954,000 after purchasing an additional 300,898 shares during the last quarter. Vanguard Group Inc. lifted its stake in Comcast by 0.3% in the second quarter. Vanguard Group Inc. now owns 369,438,921 shares of the cable giant’s stock worth $13,185,275,000 after purchasing an additional 1,257,196 shares during the last quarter. Commerzbank Aktiengesellschaft FI boosted its position in shares of Comcast by 47.7% during the second quarter. Commerzbank Aktiengesellschaft FI now owns 532,315 shares of the cable giant’s stock valued at $18,998,000 after buying an additional 171,929 shares during the period. Finally, Aberdeen Group plc grew its stake in shares of Comcast by 5.4% during the second quarter. Aberdeen Group plc now owns 2,889,947 shares of the cable giant’s stock valued at $103,142,000 after buying an additional 147,231 shares during the last quarter. 84.32% of the stock is currently owned by hedge funds and other institutional investors.

Comcast News Summary

Here are the key news stories impacting Comcast this week:

• Positive Sentiment: MarketBeat highlights Comcast’s low P/E (~7x) and a ~4.5% yield, arguing the stock combines high yield with rebound potential as core results are expected to grow despite divestitures; institutional buying in early January is cited as supportive. 3 Low P/E Stocks: Separating Multibaggers From a Value Trap
• Positive Sentiment: Reports that Comcast has spun off Versant (new media vehicle) suggest potential value‑unlocking for shareholders if the market re-rates separated assets. This kind of corporate action can catalyze long-term upside. Comcast spins off Versant, unleashing a new media power on Wall Street
• Positive Sentiment: NBCUniversal’s push into live sports (Olympics, Super Bowl, NBA All‑Star and recent rights spending) should help differentiate the media network, supporting ad and subscription revenue over the next few quarters. NBCUniversal strategically leans into sports as it prepares for ‘Legendary February’
• Neutral Sentiment: Zacks notes elevated investor attention on CMCSA and reviews factors that will drive performance; this is informational but not a clear directional catalyst. Comcast Corporation (CMCSA) is Attracting Investor Attention: Here is What You Should Know
• Neutral Sentiment: Local retail expansion (new Xfinity store in Chehalis, WA) is positive for customer access and brand presence but is a small operational item unlikely to move the stock on its own. Chehalis Welcomes First Xfinity Store
• Negative Sentiment: Analyst pressure: Sanford C. Bernstein trimmed its price target to $32 (from $34) and kept a “market perform” rating — a reminder that analysts see limited near‑term upside, which can weigh on sentiment. Bernstein adjusts price target on Comcast
• Negative Sentiment: Consensus analyst stance remains cautious (many Holds), which mutes momentum until clearer evidence of revenue/earnings inflection or successful asset re‑rating emerges. Comcast Receives Consensus Rating of “Hold”

About Comcast

Comcast Corporation (NASDAQ: CMCSA) is a diversified global media and technology company headquartered in Philadelphia, Pennsylvania. Its principal operations are organized around Comcast Cable, which provides broadband internet, video, voice and wireless services to residential and business customers in the United States under the Xfinity and Comcast Business brands, and NBCUniversal, a media and entertainment group that develops, produces and distributes content across broadcast and cable networks, film, and streaming platforms.

NBCUniversal’s assets include the NBC broadcast network, a portfolio of cable channels, Universal Pictures and other film and television production businesses, and the Peacock streaming service.