CMCSA - Comcast Corporation

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
43.45
-0.06 (-0.14%)
As of 9:35AM EST. Market open.
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Previous Close43.51
Open43.48
Bid43.54 x 1400
Ask44.23 x 3000
Day's Range43.40 - 43.70
52 Week Range32.61 - 47.27
Volume311,388
Avg. Volume15,995,175
Market Cap197.665B
Beta (3Y Monthly)1.08
PE Ratio (TTM)16.10
EPS (TTM)2.70
Earnings DateJan. 21, 2020 - Jan. 27, 2020
Forward Dividend & Yield0.84 (1.92%)
Ex-Dividend Date2020-01-07
1y Target Est51.53
  • Business Wire

    Xfinity Communities Launches WiFi Ready and Simplifies Move-In Day for Multifamily Residents

    Comcast’s Xfinity Communities today continued the momentum of its successful trials by officially unveiling WiFi Ready, an offering where Comcast preinstalls wireless modems in multifamily units. New residents can now purchase and activate their Internet service upon move-in for immediate WiFi access. WiFi Ready, which has been successfully trialed at properties from coast to coast, removes a major pain point of scheduling and waiting for a service appointment for residents and property managers.

  • Business Wire

    Comcast to Host Investor Meeting to Discuss NBCUniversal’s Peacock Streaming Service

    Comcast Corporation today announced it will host an Investor Meeting on Thursday, January 16, 2020, at 4:00 PM to discuss NBCUniversal’s plans for its new Peacock streaming service, including the overarching strategy for the platform.

  • TEST Business Wire Releases

    Comcast Launches Customer Service Program for the Deaf Community in American Sign Language

    Comcast and Connect Direct today launched a customer service program for the deaf community in American Sign Language, called ASL Now.

  • Liverpool vs. Everton Is a Match Made for Amazon
    Bloomberg

    Liverpool vs. Everton Is a Match Made for Amazon

    (Bloomberg Opinion) -- The ability of the world’s biggest sports competitions to keep making more money could depend on one relatively mundane factor: broadband networks’ capacity to live-stream games to millions of households.The biggest test so far will come this week with Amazon.com Inc.’s broadcast of 10 Premier League matches. The broadcast revenues from England’s flagship soccer competition have started to plateau as television stations grow wary about writing outsize checks to obtain the rights. In response, the league has solicited U.S. tech giants in an effort to reinvigorate the bidding war for rights.Their entreaties have so far largely fallen on deaf ears. That is, until Amazon agreed to buy a relatively small package of Premier League games in June 2018. But Amazon’s interest fell short of creating a bidding war. The e-commerce giant is understood to have paid very little for the privilege of streaming 10 games this week and another 10 after Christmas. The intention was instead to whet Amazon’s appetite. If the broadcasts prove successful — which in Amazon’s case means signing up a host of new subscribers for its Prime service — then it might encourage the Seattle-based firm to bid for the bigger packages of games currently held by Comcast Corp.’s Sky division and BT Group Plc.The timing of the games is of course opportune for Amazon, coming shortly before Christmas. When users sign up for Prime Video, the service that will broadcast the games, they will also get access to the broader suite of Prime offerings, including Prime Delivery, which promises faster and free deliveries of products bought via Amazon.com. Prime subscribers spend an average of $1,400 a year on the website, compared to the $600 of other customers, the research firm Consumer Intelligence Research Partners estimated last year.The challenge for Amazon is that it will be largely dependent on the U.K.’s broadband infrastructure to distribute the games, and that network is not fundamentally designed to support video live-streaming. While it has subcontracted BT to supply the feed to pubs and bars, ordinary households will use their existing internet connections. That may not make for pretty viewing as the U.K. has the fourth-lowest penetration of fiber-optic broadband in the European Union.Prior experiences have surfaced a welter of problems. Amazon’s first foray into sports broadcasting in the U.K. prompted a slew of complaints, partly to do with the editorial standards, but also to do with picture quality, a far more significant concern given the scale of the Premier League soccer challenge. YouTube TV’s live-stream of last year’s World Cup semi-final between England and Croatia crashed in the U.S., and AT&T Inc. ended up providing a pay-per-view golf match between Tiger Woods and Phil Mickelson free after experiencing glitches. And while Amazon has shown National Football League games, the rights were shared with other classic broadcasters, reducing the network demand.An examination of the Premier League’s viewership highlights the extent of the risks. A match in August 2018 between Manchester United and Leicester City attracted some 1.1 million viewers on Sky, according to the Broadcasters’ Audience Research Board. Just 72,000 of those watched the game via a mobile device — the most readily available proxy for live-streaming. Even the England-Croatia game drew in just 337,000 viewers using mobile devices. On Dec. 4, Amazon will concurrently broadcast six games, each of which could have several hundred thousand viewers.Top of the list will be Liverpool versus Everton — a derby game of two sides from the same city, and therefore likely to create a demand peak in a relatively concentrated area. The match kicks off 45 minutes after the others, which could be construed as a move to try to spread the demand on the network.There are ways Amazon, with its deep cloud-computing expertise, can alleviate potential problems, not least by leaning on other content delivery network specialists such as Akamai Technologies Inc., whose additional servers can make it easier to handle peaks of demand. But even if the picture quality is up-to-scratch, there is always likely to be a lag which could prompt complaints. When Twitter Inc. broadcast NFL games in 2016, a 30- to 90-second lag meant that viewers often saw the score in a tweet before watching the play itself.It is easier for Amazon to justify spending more to deliver the content than it will generate from the subscriptions themselves, because it will make more money in the long-term from customers buying more products from Amazon.com. But if things go badly wrong, then it will play into the hands of Sky and BT, who have years of experience with live sports broadcasting, and control much of the underlying network.If there’s no big uptick in subscribers for Amazon this time around, and the games are beset by technical snafus, that’ll make it harder to attract more viewers — and thus more subscribers to Prime Video — over the next two years for which it has the rights. That could end hopes that Amazon or any other tech giant will be willing to bid serious money for the games anytime soon.To contact the author of this story: Alex Webb at awebb25@bloomberg.netTo contact the editor responsible for this story: Melissa Pozsgay at mpozsgay@bloomberg.netThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Alex Webb is a Bloomberg Opinion columnist covering Europe's technology, media and communications industries. He previously covered Apple and other technology companies for Bloomberg News in San Francisco.For more articles like this, please visit us at bloomberg.com/opinion©2019 Bloomberg L.P.

  • Comcast (CMCSA) Dips More Than Broader Markets: What You Should Know
    Zacks

    Comcast (CMCSA) Dips More Than Broader Markets: What You Should Know

    Comcast (CMCSA) closed at $43.63 in the latest trading session, marking a -1.18% move from the prior day.

  • Manchester City Owner Sells $500 Million Stake to Private Equity
    Bloomberg

    Manchester City Owner Sells $500 Million Stake to Private Equity

    (Bloomberg) -- Want the lowdown on European markets? In your inbox before the open, every day. Sign up here.Silver Lake Management’s expensive foray into British soccer reflects the soaring value of live matches in the streaming era and the potential for new apps to cash in on the global following of teams like Manchester City.The U.S. private equity firm is buying just over 10% of City owner City Football Group Ltd. for around $500 million, the companies said Wednesday. At that price, City Football would be valued at $4.8 billion, based on simple math. But Silver Lake acquired preferred shares in the transaction, which would normally demand a premium, so the real valuation may be lower, according to people familiar with the matter.In any case, the deal puts City Football, controlled by Abu Dhabi’s royal family, among the highest-priced professional sports organizations. It lit a spark under shares of City’s crosstown rival, Manchester United Plc, which jumped as much as 14% in New York trading Wednesday. That’s the biggest intraday gain since the team’s 2012 listing, and gives the company a market capitalization of about $3 billion.Silver Lake is best known for tech investments such as Dell Technologies Inc. and China’s Alibaba Group Holding Ltd., and could bring that expertise to the English Premier League club. The firm is also well versed in sports through its stake in Madison Square Garden Co., the owner of New York’s Knicks and Rangers.While the big clubs still make most of their money from broadcast rights and merchandising, they’re looking for ways to use technology to sell privileged access to fans.Some have developed apps showing exclusive content such as player interviews, short documentaries, press conferences and even match highlights. A platform developed recently by London’s Chelsea Football Club found an enthusiastic audience.Manchester City demonstrated the potential value of behind-the-scenes content last year when it partnered with Amazon.com Inc.’s Prime Video streaming service for an eight-part documentary charting the path to its 2018 title win.“There are large international audiences and fan bases for Premier League clubs, particularly in Asia,” said Richard Broughton of Ampere Analysis. “There is potentially a large and arguably under-served opportunity outside the U.K. -- albeit at a lower price point.”The bigger teams will have to tread a careful path, offering enough to entice fans without upsetting the leagues that bring them TV revenue.Prized ContentIncome from sports broadcasts has been surging since media companies latched onto the live events as one of the remaining ways to bring in advertisers, which are increasingly moving online. The emergence of the big U.S. streaming platforms in rights contests has helped to buoy valuations for the most sought-after content.The Silver Lake deal values the business among some of the world’s top sports names including the New York Yankees baseball team, worth $4.6 billion, and basketball giants the New York Knicks, at $4 billion, according to Forbes estimates.While Manchester United’s market capitalization might be lower than the new Man City valuation, “any bid by a company wanting immediate exposure in Asia would generate a significant premium if the controlling Glazer family ever decided to sell,” said John Tinker, a media analyst at Gabelli & Co., referring to United’s owner.KPMG valued Manchester City at $2.8 billion in May, though that estimate didn’t include City Football’s other teams, such as New York City FC and Melbourne City FC.“Then you have to take into account any synergies the buyer might have with the asset,” said Andrea Sartori, global head of sports at KPMG. “And then there’s a strong branding factor, given the exposure associated with a football club.”Few TV shows can match the audience pulling power of a big live sporting clash. Manchester City was the world’s fifth-highest revenue-generating soccer club in the 2017-18 season, according to a study by Deloitte, following a strong run of success in domestic and European competitions.Comcast Corp.’s European pay-TV unit Sky has said recent Premier League audiences were 23% higher than last season.“We remain very optimistic for continued increases in global football broadcast rights,” said Manchester United Vice Chairman Ed Woodward in an earnings call with analysts last week.Private-equity investors have long been drawn to sports clubs and agencies. Last year, Apax Partners agreed to acquire data and technology company Genius Sports, fresh on the heels of a purchase by Canada Pension Plan Investment Board and private equity firm TCV of a minority stake in Sportradar AG, another sports data analysis firm. Providence Equity Partners sold its interest in Major League Soccer’s media and marketing arm back to the league in 2017, tripling its initial investment in Soccer United Marketing.Silver Lake is plowing more money into sports and entertainment, including an investment in Endeavor Group Holdings Inc., which runs sports leagues, hosts fashion events and represents top athletes and entertainers.City Football Group plans to use the deal funds to expand its business overseas and develop technology and infrastructure assets, according to a statement. No existing shareholders sold their stake, and Abu Dhabi United Group remains the majority shareholder.\--With assistance from Joe Easton.To contact the reporters on this story: David Hellier in London at dhellier@bloomberg.net;Scott Soshnick in New York at ssoshnick@bloomberg.netTo contact the editors responsible for this story: Rebecca Penty at rpenty@bloomberg.net, ;Nick Turner at nturner7@bloomberg.net, John J. Edwards IIIFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • TEST Business Wire Releases

    Comcast to Participate in UBS Investor Conference

    On Monday, December 9, 2019, Mike Cavanagh, Senior Executive Vice President and Chief Financial Officer of Comcast Corporation (Nasdaq: CMCSA), will participate in the UBS Global TMT Conference in New York City.

  • TEST Business Wire Releases

    Xfinity Mobile to Exclusively Offer Samsung Galaxy A70

    Xfinity Mobile is the exclusive U.S. mobile carrier for the new Samsung Galaxy A70.

  • Comcast Falls 3%
    Investing.com

    Comcast Falls 3%

    Investing.com - Comcast (NASDAQ:CMCSA) fell by 3.01% to trade at $43.45 by 11:50 (16:50 GMT) on Monday on the NASDAQ exchange.

  • Business Wire

    Comcast Business Wins Two Enterprise Application of the Year Awards at MEF 2019

    Comcast Business today announced it was honored with two Enterprise Application of the Year awards across the Finance and Sports & Entertainment categories from the Metro Ethernet Forum (MEF). The recognition highlights the company’s technology innovation and first-class service with the Philadelphia Federal Credit Union and the Kraft Group. The 2019 MEF Awards program recognizes service, application, technology, and professional excellence in delivering innovative solutions that are optimized for the digital economy.

  • The Zacks Analyst Blog Highlights: Apple, Comcast, NVIDIA, GlaxoSmithKline and Global Payments
    Zacks

    The Zacks Analyst Blog Highlights: Apple, Comcast, NVIDIA, GlaxoSmithKline and Global Payments

    The Zacks Analyst Blog Highlights: Apple, Comcast, NVIDIA, GlaxoSmithKline and Global Payments

  • Business Wire

    T-Mobile, Comcast and Inteliquent Deliver Industry First in War Against Illegal Call Spoofing

    What’s the news: T-Mobile, Comcast, and Inteliquent have delivered the industry’s first end-to-end STIR/SHAKEN call verification across three networks. T-Mobile (TMUS), Comcast (CMCSA) and Inteliquent, Inc. today announced they’ve achieved an industry first in the war against spoofers and scammers, completing the first end-to-end STIR/SHAKEN call verification across three networks. T-Mobile and Comcast announced STIR/SHAKEN interoperability earlier this year, giving consumers with a growing number of capable smartphones peace of mind that calls from Comcast’s Xfinity Voice phones to T-Mobile phones (and vice versa) are not generated by a scammer spoofing a number.

  • Disney: Streaming Hero or Supervillain?
    Bloomberg

    Disney: Streaming Hero or Supervillain?

    (Bloomberg Opinion) -- The latest buzz in Hollywood is that the U.S. Justice Department wants to abolish an outdated rule known as the Paramount consent decree, which would allow studio giants to own movie theaters — something that hasn’t been permitted since the 1940s. My first thought was that it's a bit of a nothingburger. Studios like Warner Bros. and Universal probably aren’t eager to scoop up debt-laden cinema operators when their top priority is investing in streaming-TV content and services. And while mom-and-pop theaters may fear the change will breed anti-competitive behavior, that’s not as big of a concern for the big multiplex chains, nor does it signal an end to antitrust oversight. But that doesn’t mean everything is hunky-dory in the industry.Take a look at the U.S. box office this year. The content uniformity aside — four of the top seven movies descended from comic books, and the other three from cartoon franchises — most of the year’s leading films are Walt Disney Co. productions. There are more to come, with “Frozen 2” set to hits theaters on Friday, followed by the December release of “Star Wars: The Rise of Skywalker.” It has me wondering, is this healthy? Disney films account for nearly a third of the $9.5 billion of cinema tickets sold so far in 2019. Warner Bros., owned by AT&T Inc., lags far behind with a 16% share, trailed by Comcast Corp.’s Universal and Sony Corp.’s namesake distribution business; 20th Century Fox would normally be high in the ranking, too, but Disney acquired it earlier this year as part of an $85 billion deal with Rupert Murdoch.Look, I get it. Lots of people love Disney’s Marvel and animated features, and the box office is simply reflecting that. The situation is more complicated than just looking at the data and determining that the company has too much power; there’s nothing about the industry structurally that would give it an unfair advantage. Disney has just done a really good job of consistently giving fans what they want, and CEO Bob Iger made a series of smart acquisitions that continue to pay off: Pixar in 2006; Marvel in 2009; and Lucasfilm (home of “Star Wars”) in 2012. They’ve all absolutely flourished within Disney, with each bringing with it beloved franchises and story lines just waiting to be further developed and amplified for the big screen.It’s not like Warner Bros., Universal and Sony haven’t had the same opportunities. Warner Bros. has DC Comics, “Harry Potter” and “Lord of the Rings,” and the studio shares a home with HBO and “Game of Thrones.” Sony owns the rights to Spider-Man; it even had the chance to buy the entire Marvel roster in the late 1990s (for pennies compared to what Disney paid). It's hard, though, to imagine Marvel would have become what it is today had it landed at Sony instead of Disney. And that’s kind of my point.Matthew Ball, the former Amazon Studios executive, made a similar argument recently: “Disney isn’t a monopoly,” he tweeted Nov. 5. “Its competitors just need to do better. ... You make success. No one believed in comics being huge 20 years ago.”It's conceivable that Disney may end up atop the streaming world, too. Apple TV+ hasn't lived up to the hype, while AT&T’s HBO Max may suffer for its delayed arrival to the market (in May 2020). In very Comcast fashion, the cable giant isn’t so much plunging into streaming as it is dipping a toe into the waters with its Peacock app next year. And Sony’s PlayStation Vue service has already thrown in the towel. Meanwhile, Disney+ had a wildly successful launch on Nov. 12, signing up 10 million subscribers on the first day, despite widespread technological glitches and shortcomings in app functionality. Disney is also the first to experiment with bundles, a relic of the cable-TV market that I’ve argued will help ease one of the worst consumer pain points of streaming: the inability to access all your favorite content through a single subscription.But when people are rooting for Disney to be the “Netflix killer,” they’re rooting against themselves. Netflix Inc.’s innovation brought us affordable TV entertainment that didn't require a cable subscription or patience for commercial breaks. Its success forced other more complacent companies to rethink their businesses. By contrast, the box office shows what happens when a single company winds up with outsize influence.The Justice Department’s move to terminate the Paramount consent decree may not mean much (Disney wasn’t even one of the studios bound by it). But Disney doesn’t need to buy a theater anyway — it already owns the box office. Other media and tech giants should take that as a warning to step up their streaming game. Healthy competition ensures better content, more choice and further Netflix-like advances. Plus, the world needs only so many superhero flicks.To contact the author of this story: Tara Lachapelle at tlachapelle@bloomberg.netTo contact the editor responsible for this story: Beth Williams at bewilliams@bloomberg.netThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Tara Lachapelle is a Bloomberg Opinion columnist covering the business of entertainment and telecommunications, as well as broader deals. She previously wrote an M&A column for Bloomberg News.For more articles like this, please visit us at bloomberg.com/opinion©2019 Bloomberg L.P.

  • Everything Investors Need to Know About Disney+
    Zacks

    Everything Investors Need to Know About Disney+

    Here is everything investors need to know about Disney+ in under 60 seconds...

  • Top Analyst Reports for Apple, Comcast & NVIDIA
    Zacks

    Top Analyst Reports for Apple, Comcast & NVIDIA

    Top Analyst Reports for Apple, Comcast & NVIDIA

  • How Apple and Disney are challenging Netflix's binge-watching model
    Yahoo Finance

    How Apple and Disney are challenging Netflix's binge-watching model

    Netflix, once the disruptor on the streaming scene, has become the ultimate incumbent. Now competitors like Apple and Disney are challenging its binge-watching model.

  • Why the Disney+ 'hack' shows data is like 'oil' that needs to be secured
    Yahoo Finance

    Why the Disney+ 'hack' shows data is like 'oil' that needs to be secured

    “The issue there is that people tend to use the same password on multiple sites,” Alex Hamerstone, TrustedSec’s GRC practice lead, told Yahoo Finance.

  • Cable Television Industry Near-Term Prospects Abundant
    Zacks

    Cable Television Industry Near-Term Prospects Abundant

    Cable Television Industry Near-Term Prospects Abundant

  • Business Wire

    Xfinity Communities Survey Reveals Smart Home Tech in Apartments is the Way of the Future, Environmentally Responsible and Improves Profitability

    Since the beginning of smart technology’s integration into homes and apartments, many have considered it a luxury or “nice-to-have” amenity. The Xfinity Communities report titled “The State of Smart Technology in the Multifamily Housing Industry” leverages survey data from 200 property managers, developers and owners in the multifamily industry to explore the impact smart home and building technologies have on the industry from developers to owners, managers, workers and, of course, residents. “For residents, smart technologies offer an obvious upside, from the peace of mind that comes with smart locks to the possible cost savings of smart thermostats and lighting, as well as the increased convenience stemming from devices like smart washers and dryers,” said Adrian Adriano, VP of Strategic Initiatives at Xfinity Communities.

  • Just in Time for the Holidays, Comcast Launches New WiFi Scheduling Tool to Help Parents Manage Children’s Screen Time
    Business Wire

    Just in Time for the Holidays, Comcast Launches New WiFi Scheduling Tool to Help Parents Manage Children’s Screen Time

    Comcast today announced a new Xfinity xFi scheduling tool that gives parents more control over their kids’ screen time this holiday season. The children’s advocacy organization Common Sense found that 69 percent of kids have a smartphone by age 12 and the number of tweens and teens watching videos online every day has more than doubled since 2015 – creating more digital distractions this holiday season. Using the Xfinity xFi app, parents can also instantly pause WiFi access for all or just a few connected devices, set up a specific time allowance for WiFi usage, easily onboard new devices gifted during the holidays, and set up parental controls on the content their kids are viewing online.

  • Business Wire

    City of Peculiar Embraces a Connected Future with Comcast Business

    Comcast today announced the City of Peculiar, Missouri has selected Comcast Business to enhance its broadband connectivity to help optimize government service operations and better serve its citizens. Comcast Business will equip all City of Peculiar buildings and facilities with vital unified communications infrastructure, specifically point-to-point fiber connectivity, Wide Area Network (WAN) and scalable Internet Access, allowing data to be delivered at up to 10 Gigabits/second. This new agreement will enable the City of Peculiar to become one of the first “Smart Cities” in Missouri utilizing Comcast technology, providing city staff with tools to help monitor key infrastructure, maximize efficiency and reduce unnecessary expense.