E Daily Stock Analysis: Comcast

black metal tower under white sky

Source: Unsplash 

Comcast Corp has the ticker symbol CMCSA and is a member of the Communication Services sector as an entertainment company. This is my first report on Comcast for my Vista Portfolio. 

Comcast is made up of three parts. The core cable business owns networks capable of providing television, Internet access, and phone services to roughly 59 million U.S. homes and businesses, or nearly half of the country. 

About half the homes in this territory subscribe to at least one Comcast service. Comcast acquired NBCUniversal from General Electric in 2011. 

NBCU owns several cable networks, including CNBC, MSNBC, and USA, the NBC broadcast network, several local NBC affiliates, Universal Studios, and several theme parks. 

Sky, acquired in 2018, is the dominant television provider in the U.K. and has invested heavily in exclusive and proprietary content to build this position. 

The firm is also the largest pay-television provider in Italy and has a presence in Germany and Austria.

Comcast Corporation was founded in 1963 and is headquartered in Philadelphia, Pennsylvania.

Three key data points gauge dividend equities or funds like Comcast Corp:

(1) Price

(2) Dividends

(3) Returns

Those three basic keys best tell whether a company has made, is making, and will make money. 

CMCSA Price

Comcast Corp's price per share closed at $56.31 yesterday. One year ago its price was $33.57. Price per share has increased nearly 68% from the midst of the Covid market slump. 

Should Comcast Corp stock trade in the range of $32 to $62 this year, its recent $56.31 price might rise by $3.69 to reach $60.00 by March 25, 2022. My estimate is slightly less than that of thirty-three analysts tracking CMCSA.

CMCSA Dividends

Comcast Corp's most recently declared quarterly dividend was $0.25, payable April 28th. Dividends are estimated to total $1.00 per share annually and yield 1.78% at yesterday's $56.31 closing price. Comcast has paid annually increasing dividends for fourteen years.

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Disclaimer: This article is for informational and educational purposes only and should not be construed to constitute investment advice. Nothing contained herein shall constitute a solicitation, ...

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William K. 2 weeks ago Member's comment

Comcast is the only cable company that I am aware of that had to change their name because of their bad reputation.