2025 is only a couple of months old, but several companies have already announced sizable dividend hikes. For long-term investors and retirees, dividend growth stocks can be extremely appealing investments, as they reward investors for hanging on, and their payout hikes can offset the effects of inflation.
Comcast (CMCSA) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Comcast has struggled to adapt to the fast-changing cable and wireless industries, losing millions of cable subscribers over the past decade. Despite slight earnings beats, Comcast's significant broadband subscriber losses and stagnant revenue growth highlight deeper structural issues and increased competition. Comcast's wireless subscriber growth and new services like Peacock are insufficient to offset declines in core businesses and margin compression.
Since my last analysis, CMCSA has enjoyed a sentiment shift and also delivered a strong quarter. However, I think Wall Street's buy rating is based on an overestimation of its growth potential. My growth estimate for CMCSA, based on ROCE and reinvestment rates, is 4-5%, significantly lower than the consensus projection of 6.6%.
Comcast (CMCSA) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Comcast says it ‘will be cooperating with the FCC to answer their questions'
The Federal Communications Commission has informed Comcast it is opening an investigation into the company's diversity, equity and inclusion practices. The inquiry will look into both Comcast and NBCUniversal's businesses.
The FCC's chairman sent a letter to Comcast's chief executive on Tuesday about his order for an investigation.
Federal Communications Commission chair Brendan Carr told NBC News-parent Comcast it is opening a probe into the company's promotion of diversity, equity and inclusion programs, according to a letter seen by Reuters.
METUCHEN, NJ – On Monday, Metuchen adopted an ordinance authorizing a rights-of-way agreement with Comcast. The ordinance permits the installation, use, and maintenance of cable and internet facilities by Comcast in Metuchen. According to the ordinance, “it is in the best interests of the Borough and its citizens” to grant non-exclusive consent to Comcast to occupy the public rights-of-way within Metuchen. Last month, Mayor Jonathan M Busch said residents have expressed their desire for more choices in internet and cable providers for years. Officials actively engaged with Comcast, working to secure their investment in Metuchen. In January, the Borough introduced the ordinance and the second reading was held on Feb. 10. “This will potentially allow comcast to open lines here in Metuchen which is a big deal,” Busch said. Council president Jason Delia said he was glad the ordinance was going through as it would provide residents with more options. According to the ordinance, the Borough’s consent is and shall be conditional upon Comcast’s application and it obtaining the required authorization from the Board to construct, operate, and maintain a cable television system within Metuchen. Comcast will have to comply with all existing and future applicable ordinances and they have to enter into a written agreement with the Metuchen to indemnify and hold the Borough harmless as to all claims and liability resulting from any injury or damage caused by Comcast which may arise from the construction, installation, and any related work. The ordinance was adopted unanimously. Have a correction or news tip? Email [email protected]
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.
Comcast is undervalued, trading at sub-6x EBITDA and a 12% forward FCF yield, despite broadband subscriber losses and negative market sentiment. The broadband competition from FWA and fiber is significant, but Comcast's urban focus and HFC technology mitigate these threats. Comcast's $15 billion buyback program, conservative balance sheet, and upcoming Universal Epic Universe opening are key catalysts for potential stock re-rating.