Comcast (NASDAQ:CMCSA) Upgraded at Seaport Res Ptn

Seaport Res Ptn upgraded shares of Comcast (NASDAQ:CMCSA) from a hold rating to a strong-buy rating in a research report released on Wednesday morning,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.

Other equities research analysts also recently issued reports about the company. Pivotal Research lifted their price objective on Comcast from $47.00 to $54.00 and gave the stock a “buy” rating in a report on Friday, November 1st. Benchmark restated a “buy” rating and set a $60.00 price target on shares of Comcast in a research note on Tuesday, November 19th. Scotiabank upgraded shares of Comcast from a “sector perform” rating to a “sector outperform” rating and boosted their target price for the company from $47.75 to $48.00 in a research report on Friday, November 1st. KeyCorp increased their price target on shares of Comcast from $44.00 to $47.00 and gave the stock an “overweight” rating in a research report on Friday, November 1st. Finally, Rosenblatt Securities reissued a “neutral” rating and set a $45.00 price objective on shares of Comcast in a research report on Wednesday, November 6th. One analyst has rated the stock with a sell rating, five have given a hold rating, ten have issued a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat, Comcast has a consensus rating of “Moderate Buy” and a consensus price target of $47.19.

Comcast Price Performance

CMCSA opened at $39.92 on Wednesday. Comcast has a 12-month low of $36.43 and a 12-month high of $47.11. The company has a current ratio of 0.72, a quick ratio of 0.72 and a debt-to-equity ratio of 1.14. The stock has a fifty day simple moving average of $42.33 and a two-hundred day simple moving average of $40.31. The company has a market cap of $152.76 billion, a price-to-earnings ratio of 10.82, a price-to-earnings-growth ratio of 1.50 and a beta of 0.99.

Comcast (NASDAQ:CMCSA) last posted its quarterly earnings data on Thursday, October 31st. The cable giant reported $1.12 earnings per share for the quarter, beating analysts’ consensus estimates of $1.06 by $0.06. Comcast had a return on equity of 19.81% and a net margin of 11.92%. The company had revenue of $32.07 billion during the quarter, compared to analyst estimates of $31.78 billion. During the same quarter last year, the company earned $1.08 EPS. The firm’s revenue for the quarter was up 6.5% on a year-over-year basis. Research analysts predict that Comcast will post 4.26 earnings per share for the current fiscal year.

Comcast Announces Dividend

The company also recently declared 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 of this dividend 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 is presently 33.33%.

Insiders Place Their Bets

In other Comcast news, CEO Brian L. Roberts sold 234,464 shares of the business’s 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 of the company’s stock, valued at $284,539,128.48. The trade was a 3.40 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, President Michael J. Cavanagh sold 25,537 shares of the firm’s stock in a transaction that occurred on Tuesday, November 26th. The stock was sold at an average price of $42.59, for a total transaction of $1,087,620.83. Following the transaction, the president now directly owns 534,849 shares in the company, valued at approximately $22,779,218.91. This trade represents a 4.56 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.26% of the stock is owned by insiders.

Hedge Funds Weigh In On Comcast

Several institutional investors have recently made changes to their positions in CMCSA. Koshinski Asset Management Inc. lifted its position in Comcast by 0.8% during the 3rd quarter. Koshinski Asset Management Inc. now owns 30,584 shares of the cable giant’s stock worth $1,277,000 after acquiring an additional 249 shares during the period. Taurus Asset Management LLC lifted its holdings in shares of Comcast by 2.9% during the third quarter. Taurus Asset Management LLC now owns 9,125 shares of the cable giant’s stock worth $381,000 after purchasing an additional 253 shares during the period. Regent Peak Wealth Advisors LLC grew its position in Comcast by 3.1% in the 3rd quarter. Regent Peak Wealth Advisors LLC now owns 8,445 shares of the cable giant’s stock valued at $353,000 after buying an additional 257 shares during the last quarter. Abich Financial Wealth Management LLC increased its stake in Comcast by 4.7% in the 3rd quarter. Abich Financial Wealth Management LLC now owns 5,829 shares of the cable giant’s stock valued at $243,000 after buying an additional 260 shares during the period. Finally, Greenwich Wealth Management LLC raised its position in Comcast by 2.7% during the 2nd quarter. Greenwich Wealth Management LLC now owns 9,754 shares of the cable giant’s stock worth $382,000 after buying an additional 261 shares during the last quarter. Hedge funds and other institutional investors own 84.32% of the company’s stock.

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.