Seaport Res Ptn Decreases Earnings Estimates for Comcast

Comcast Corporation (NASDAQ:CMCSA) – Stock analysts at Seaport Res Ptn reduced their FY2025 EPS estimates for Comcast in a research note issued on Wednesday, September 24th. Seaport Res Ptn analyst D. Joyce now anticipates that the cable giant will post earnings per share of $4.18 for the year, down from their previous forecast of $4.24. The consensus estimate for Comcast’s current full-year earnings is $4.33 per share. Seaport Res Ptn also issued estimates for Comcast’s Q4 2025 earnings at $0.78 EPS, Q2 2026 earnings at $1.15 EPS, Q3 2026 earnings at $1.03 EPS, Q4 2026 earnings at $0.98 EPS, FY2026 earnings at $4.33 EPS, FY2027 earnings at $4.70 EPS, FY2028 earnings at $5.26 EPS and FY2029 earnings at $5.64 EPS.

A number of other research analysts have also weighed in on CMCSA. Barclays cut their target price on shares of Comcast from $35.00 to $34.00 and set an “equal weight” rating for the company in a report on Friday, August 1st. Citigroup reissued a “buy” rating on shares of Comcast in a report on Tuesday, August 26th. Scotiabank raised their target price on shares of Comcast from $44.50 to $45.00 and gave the company a “sector perform” rating in a report on Friday, July 11th. Arete Research raised shares of Comcast to a “hold” rating in a report on Tuesday, July 8th. Finally, Moffett Nathanson raised their target price on shares of Comcast from $56.00 to $58.00 and gave the company a “buy” rating in a report on Friday, September 12th. One analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, thirteen have assigned a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $40.19.

Comcast Trading Up 0.3%

Comcast stock opened at $31.72 on Friday. The stock has a market cap of $117.12 billion, a P/E ratio of 5.24, a PEG ratio of 1.90 and a beta of 0.93. The company has a debt-to-equity ratio of 0.99, a current ratio of 0.91 and a quick ratio of 0.91. Comcast has a 1 year low of $31.03 and a 1 year high of $45.31. The firm’s 50 day moving average price is $33.13 and its 200-day moving average price is $34.32.

Comcast (NASDAQ:CMCSA) last released its quarterly earnings data on Thursday, July 31st. The cable giant reported $1.25 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.18 by $0.07. The firm had revenue of $30.31 billion for the quarter, compared to analysts’ expectations of $29.81 billion. Comcast had a net margin of 18.44% and a return on equity of 18.86%. The company’s revenue for the quarter was up 2.1% compared to the same quarter last year. During the same quarter last year, the business posted $1.21 earnings per share.

Hedge Funds Weigh In On Comcast

Several hedge funds have recently modified their holdings of CMCSA. Capital A Wealth Management LLC increased its holdings in shares of Comcast by 173.7% during the second quarter. Capital A Wealth Management LLC now owns 687 shares of the cable giant’s stock valued at $25,000 after acquiring an additional 436 shares in the last quarter. Inlight Wealth Management LLC purchased a new stake in Comcast in the first quarter valued at approximately $26,000. Cranbrook Wealth Management LLC boosted its position in Comcast by 86.0% in the second quarter. Cranbrook Wealth Management LLC now owns 757 shares of the cable giant’s stock valued at $27,000 after buying an additional 350 shares during the last quarter. Global Trust Asset Management LLC boosted its position in Comcast by 906.8% in the second quarter. Global Trust Asset Management LLC now owns 745 shares of the cable giant’s stock valued at $27,000 after buying an additional 671 shares during the last quarter. Finally, Avalon Trust Co boosted its position in Comcast by 433.3% in the second quarter. Avalon Trust Co now owns 768 shares of the cable giant’s stock valued at $27,000 after buying an additional 624 shares during the last quarter. Institutional investors and hedge funds own 84.32% of the company’s stock.

Comcast Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 22nd. Stockholders of record on Wednesday, October 1st will be issued a dividend of $0.33 per share. The ex-dividend date is Wednesday, October 1st. This represents a $1.32 annualized dividend and a dividend yield of 4.2%. Comcast’s dividend payout ratio is 21.82%.

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.