Traders Buy Large Volume of Put Options on Comcast (NASDAQ:CMCSA)

Comcast Corporation (NASDAQ:CMCSA) was the target of unusually large options trading on Tuesday. Traders bought 77,125 put options on the company. This represents an increase of approximately 122% compared to the typical volume of 34,739 put options.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on CMCSA shares. Weiss Ratings downgraded Comcast from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Tuesday, July 28th. KeyCorp cut Comcast from a “sector weight” rating to an “underweight” rating and set a $18.00 price objective for the company. in a research report on Thursday, September 24th. UBS Group reiterated a “neutral” rating and set a $27.00 target price (down from $32.00) on shares of Comcast in a research note on Tuesday, September 15th. Morgan Stanley decreased their target price on Comcast from $29.00 to $27.00 and set an “equal weight” rating on the stock in a report on Friday, September 25th. Finally, The Goldman Sachs Group dropped their price target on Comcast from $29.00 to $26.00 and set a “neutral” rating on the stock in a research note on Thursday, July 2nd. Eleven equities research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and six have given a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $30.81.

Comcast Stock Performance

NASDAQ:CMCSA traded up $0.25 during mid-day trading on Tuesday, reaching $22.15. 14,238,171 shares of the company’s stock were exchanged, compared to its average volume of 32,585,055. The company has a debt-to-equity ratio of 0.94, a quick ratio of 0.80 and a current ratio of 0.80. Comcast has a one year low of $20.48 and a one year high of $32.85. The business’s fifty day simple moving average is $24.07 and its two-hundred day simple moving average is $24.76. The firm has a market capitalization of $78.62 billion, a PE ratio of 7.17, a price-to-earnings-growth ratio of 1.57 and a beta of 0.68.

Comcast (NASDAQ:CMCSA) last issued its quarterly earnings results on Thursday, July 23rd. The cable giant reported $1.04 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.97 by $0.07. The business had revenue of $29.94 billion for the quarter, compared to the consensus estimate of $29.24 billion. Comcast had a return on equity of 14.77% and a net margin of 8.97%. The firm’s quarterly revenue was down 1.2% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.25 earnings per share. Analysts anticipate that Comcast will post 3.49 earnings per share for the current fiscal year.

Comcast Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 28th. Shareholders of record on Wednesday, October 7th will be given a dividend of $0.33 per share. This represents a $1.32 annualized dividend and a yield of 6.0%. The ex-dividend date is Wednesday, October 7th. Comcast’s payout ratio is currently 42.72%.

Key Headlines Impacting Comcast

Here are the key news stories impacting Comcast this week:

• Positive Sentiment: Rosenblatt Securities reaffirmed its Buy rating and set a $31 price target, implying substantial upside from recent trading levels. The bullish view supports the case that Comcast is undervalued. Comcast’s Buy Rating Reiterated at Rosenblatt Securities
• Positive Sentiment: Comcast’s roughly 6.32% dividend yield and low valuation are attracting income-oriented investors. The reported new position by David Einhorn may also reinforce confidence among value investors, although it does not change the company’s fundamentals. Comcast Stock Has an Attractive Valuation and Offers a Dividend Yield of 6.32%
• Neutral Sentiment: Comcast is scheduled to report third-quarter 2026 results on October 22. The Zacks consensus estimate is $0.98 in earnings per share, down slightly from the prior estimate, keeping the stock focused on whether management can extend its earnings-beat streak. Comcast Gears Up to Report Q3 Earnings
• Neutral Sentiment: Investors will be watching streaming and studio performance, along with broadband customer trends, theme-park demand, and elevated spending. Positive results from content businesses could offset pressure on the core connectivity operation. Comcast Gears Up to Report Q3 Earnings: What’s in the Cards?
• Negative Sentiment: A bearish Seeking Alpha analysis argues that Wall Street expects a turnaround while customers increasingly demand promotional pricing and freebies. That dynamic could pressure subscriber economics, pricing power, and Comcast’s ability to deliver a convincing recovery. Comcast: Wall Street Wants a Turnaround, Customers Want More Freebies – Sell

Hedge Funds Weigh In On Comcast

Several large investors have recently modified their holdings of CMCSA. Allied Private Wealth LLC bought a new stake in Comcast in the second quarter valued at approximately $26,000. Whipplewood Advisors LLC raised its stake in Comcast by 75.5% during the 1st quarter. Whipplewood Advisors LLC now owns 932 shares of the cable giant’s stock worth $27,000 after buying an additional 401 shares during the period. Main Street Group LTD bought a new stake in shares of Comcast during the first quarter worth about $27,000. Thompson Investment Management Inc. purchased a new position in Comcast during the 2nd quarter worth $29,000. Finally, Provenance Wealth Advisors LLC bought a new position in Comcast in the 1st quarter valued at $30,000. Institutional investors own 84.32% of the company’s stock.

About Comcast

Comcast Corporation is a global media and communications company headquartered in Philadelphia, Pennsylvania. Founded in 1963 as American Cable Systems, the company grew through the expansion of cable television and broadband services and adopted the Comcast name in 1969.

Through its Connectivity & Platforms businesses, Comcast provides residential and business customers with broadband internet, video, voice, mobile and related services. Its Xfinity brand offers internet, television, streaming and wireless products in the United States, while Comcast Business serves commercial and enterprise customers with connectivity, communications and technology solutions.