ADTRAN Company Profile (NASDAQ:ADTN)

About ADTRAN (NASDAQ:ADTN)

ADTRAN logoADTRAN, Inc. (ADTRAN) is a provider of networking and communications equipment. The Company's solutions enable voice, data, video and Internet communications across a range of network infrastructures. It operates through two segments: Network Solutions and Services & Support. Network Solutions includes software and hardware products that enable CSPs and enterprise customers to realize a fully connected world. It provides a full-range of network implementation, maintenance and managed services. Its solutions include Access & Aggregation, Customer Devices, and Traditional & Other Products. Its Access & Aggregation solutions are used by communications service providers (CSPs) to connect their network infrastructure to their subscribers. The portfolio of ADTRAN solutions within Access & Aggregation category includes a range of modular or fixed physical form factors designed to deliver the technology and economic fit based on the target subscriber density and environmental conditions.

Industry, Sector and Symbol:
  • Sector: Computer and Technology
  • Industry: Communications & Networking
  • Sub-Industry: Communications Equipment
  • Symbol: NASDAQ:ADTN
  • CUSIP: 00738A10
  • Web: www.adtran.com
Capitalization:
  • Market Cap: $1.07309 billion
  • Outstanding Shares: 47,799,000
Average Prices:
  • 50 Day Moving Avg: $22.14
  • 200 Day Moving Avg: $20.97
  • 52 Week Range: $17.55 - $24.05
P/E:
  • Trailing P/E Ratio: 28.09
  • Foreward P/E Ratio: 24.19
  • P/E Growth: 11.43
Sales & Book Value:
  • Annual Revenue: $686.83 million
  • Price / Sales: 1.57
  • Book Value: $10.12 per share
  • Price / Book: 2.22
Dividend:
  • Annual Dividend: $0.36
  • Dividend Yield: 1.6%
Profitability:
  • EBIDTA: $53.98 million
  • Net Margins: 5.68%
  • Return on Equity: 8.39%
  • Return on Assets: 6.07%
Debt:
  • Debt-to-Equity Ratio: 0.06%
  • Current Ratio: 3.04%
  • Quick Ratio: 2.10%
Misc:
  • Average Volume: 335,167 shs.
  • Beta: 0.68
  • Short Ratio: 1.68
 

Frequently Asked Questions for ADTRAN (NASDAQ:ADTN)

What is ADTRAN's stock symbol?

ADTRAN trades on the NASDAQ under the ticker symbol "ADTN."

How often does ADTRAN pay dividends? What is the dividend yield for ADTRAN?

ADTRAN declared a quarterly dividend on Tuesday, July 18th. Stockholders of record on Thursday, August 3rd will be paid a dividend of $0.09 per share on Thursday, August 17th. This represents a $0.36 dividend on an annualized basis and a dividend yield of 1.60%. The ex-dividend date is Tuesday, August 1st. View ADTRAN's Dividend History.

How were ADTRAN's earnings last quarter?

ADTRAN, Inc. (NASDAQ:ADTN) issued its quarterly earnings data on Tuesday, July, 18th. The company reported $0.30 earnings per share for the quarter, topping analysts' consensus estimates of $0.19 by $0.11. The company had revenue of $184.67 million for the quarter, compared to analysts' expectations of $183.05 million. ADTRAN had a net margin of 5.68% and a return on equity of 8.39%. During the same period in the prior year, the company posted $0.21 earnings per share. View ADTRAN's Earnings History.

When will ADTRAN make its next earnings announcement?

ADTRAN is scheduled to release their next quarterly earnings announcement on Monday, October, 16th 2017. View Earnings Estimates for ADTRAN.

Where is ADTRAN's stock going? Where will ADTRAN's stock price be in 2017?

6 analysts have issued twelve-month price objectives for ADTRAN's shares. Their predictions range from $18.00 to $28.00. On average, they anticipate ADTRAN's share price to reach $24.00 in the next year. View Analyst Ratings for ADTRAN.

What are analysts saying about ADTRAN stock?

Here are some recent quotes from research analysts about ADTRAN stock:

  • 1. According to Zacks Investment Research, "Shares of ADTRAN have outperformed the industry to which it belongs over the last three months. Ushering in further good news, ADTRAN performed very well in the second quarter of 2017 reporting better than expected earnings per share and revenues. The impressive performance of its Network Solutions portfolio drove results. Sales from its services and support unit also displayed impressive growth in the quarter. Its efforts to reward shareholders also raise optimism. ADTRAN continues to impress with its lucrative product offering and solutions which are some of the best in the industry. The company's efforts to expand internationally are also encouraging. However, the company remains exposed to foreign currency related headwinds." (7/21/2017)
  • 2. Jefferies Group LLC analysts commented, "We're still on the sidelines with respect to the stock. We believe that current valuations already build in an appropriate view of the improving business trends at ADTRAN." (1/19/2017)

Who are some of ADTRAN's key competitors?

Who are ADTRAN's key executives?

ADTRAN's management team includes the folowing people:

  • Thomas R. Stanton, Chairman of the Board, Chief Executive Officer
  • Roger D. Shannon, Chief Financial Officer, Senior Vice President - Finance, Treasurer, Corporate Secretary
  • Charles E. Marsh, Senior Vice President - Global Sales
  • Michael K. Foliano, Senior Vice President - Global Operations
  • Kevin P. Heering, Senior Vice President - Quality and Administration
  • Raymond R. Schansman, Senior Vice President - Global Services and Support
  • Eduard Scheiterer, Senior Vice President - Engineering and Development
  • James Denson Wilson Jr., Senior Vice President - Technology and Strategy
  • Gregory James McCray, Director
  • Anthony J. Melone, Director

Who owns ADTRAN stock?

ADTRAN's stock is owned by many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (12.32%), Vanguard Group Inc. (9.20%), Victory Capital Management Inc. (7.98%), Dimensional Fund Advisors LP (6.25%), Van Berkom & Associates Inc. (4.18%) and Renaissance Technologies LLC (3.37%). View Institutional Ownership Trends for ADTRAN.

Who sold ADTRAN stock? Who is selling ADTRAN stock?

ADTRAN's stock was sold by a variety of institutional investors in the last quarter, including Deprince Race & Zollo Inc., Russell Investments Group Ltd., Arrowstreet Capital Limited Partnership, Great Lakes Advisors LLC, Comerica Bank, Heartland Advisors Inc., Tieton Capital Management LLC and First Trust Advisors LP. View Insider Buying and Selling for ADTRAN.

Who bought ADTRAN stock? Who is buying ADTRAN stock?

ADTRAN's stock was bought by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Northern Trust Corp, FMR LLC, William Blair Investment Management LLC, Prudential Financial Inc., Citadel Advisors LLC, Dimensional Fund Advisors LP and Algert Global LLC. View Insider Buying and Selling for ADTRAN.

How do I buy ADTRAN stock?

Shares of ADTRAN can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is ADTRAN's stock price today?

One share of ADTRAN stock can currently be purchased for approximately $22.50.


MarketBeat Community Rating for ADTRAN (NASDAQ ADTN)
Community Ranking:  1.8 out of 5 (star)
Outperform Votes:  210 (Vote Outperform)
Underperform Votes:  367 (Vote Underperform)
Total Votes:  577
MarketBeat's community ratings are surveys of what our community members think about ADTRAN and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for ADTRAN (NASDAQ:ADTN) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 2 Hold Ratings, 4 Buy Ratings
Consensus Rating:Buy (Score: 2.67)
Consensus Price Target: $24.00 (6.67% upside)

Analysts' Ratings History for ADTRAN (NASDAQ:ADTN)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
9/5/2017Northland SecuritiesReiterated RatingBuy$28.00LowView Rating Details
8/10/2017Needham & Company LLCBoost Price TargetBuy -> Buy$25.00 -> $26.00MediumView Rating Details
7/22/2017Cowen and CompanyReiterated RatingMarket Perform$16.00 -> $18.00LowView Rating Details
4/24/2017MKM PartnersReiterated RatingBuy$27.50 -> $26.50LowView Rating Details
4/20/2017ArgusUpgradeHold -> Buy$25.00LowView Rating Details
1/19/2017Jefferies Group LLCBoost Price TargetHold$17.50 -> $20.50N/AView Rating Details
4/18/2016Goldman Sachs Group, Inc. (The)DowngradeNeutral -> Sell$18.00 -> $17.00N/AView Rating Details
4/14/2016Stifel NicolausBoost Price TargetBuy$21.00 -> $25.00N/AView Rating Details
1/15/2016Drexel HamiltonUpgradeHold -> Buy$22.00N/AView Rating Details
12/17/2015J P Morgan Chase & CoUpgradeNeutral -> Overweight$22.50N/AView Rating Details
(Data available from 9/19/2015 forward)

Earnings

Earnings History for ADTRAN (NASDAQ:ADTN)
Earnings by Quarter for ADTRAN (NASDAQ:ADTN)
Earnings History by Quarter for ADTRAN (NASDAQ ADTN)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/16/2017$0.24N/AView Earnings Details
7/18/20176/30/2017$0.19$0.30$183.05 million$184.67 millionViewN/AView Earnings Details
4/18/20173/31/2017$0.12$0.18$167.87 million$170.28 millionViewN/AView Earnings Details
1/17/2017Q416$0.11$0.21$152.03 million$162.99 millionViewListenView Earnings Details
10/18/2016Q316$0.21$0.26$162.41 million$168.89 millionViewListenView Earnings Details
10/13/2015Q315$0.14$0.16$160.66 million$158.08 millionViewListenView Earnings Details
7/14/2015Q215$0.07$0.08$157.77 million$160.14 millionViewListenView Earnings Details
4/21/2015Q115$0.08$0.07$149.96 million$142.84 millionViewListenView Earnings Details
1/20/2015Q414$0.07$0.15$141.62 million$143.98 millionViewN/AView Earnings Details
10/14/2014Q314$0.20$0.22$168.53 million$162.89 millionViewListenView Earnings Details
7/15/2014Q214$0.25$0.27$175.68 million$176.10 millionViewListenView Earnings Details
4/15/2014Q114$0.16$0.18$149.36 million$147.00 millionViewListenView Earnings Details
1/22/2014Q413$0.14$0.25$159.36 million$159.10 millionViewListenView Earnings Details
10/9/2013Q313$0.22$0.28$175.10 million$177.40 millionViewListenView Earnings Details
7/9/2013Q2 2013$0.16$0.17$154.16 million$162.23 millionViewListenView Earnings Details
1/15/2013Q4 2012$0.06$0.11$139.79 million$139.76 millionViewListenView Earnings Details
4/13/2011$0.46$0.52ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for ADTRAN (NASDAQ:ADTN)
2017 EPS Consensus Estimate: $0.78
2018 EPS Consensus Estimate: $0.92
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171$0.12$0.12$0.12
Q2 20171$0.24$0.24$0.24
Q3 20171$0.26$0.26$0.26
Q4 20171$0.16$0.16$0.16
Q1 20181$0.15$0.15$0.15
Q2 20181$0.28$0.28$0.28
Q3 20181$0.28$0.28$0.28
Q4 20181$0.21$0.21$0.21
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for ADTRAN (NASDAQ:ADTN)
Most Recent Dividend:8/17/2017
Annual Dividend:$0.36
Dividend Yield:1.60%
Payout Ratio:43.90% (Trailing 12 Months of Earnings)
43.90% (Based on This Year's Estimates)
38.71% (Based on Next Year's Estimates)
Dividend Payments by Quarter for ADTRAN (NASDAQ:ADTN)

Dividend History by Quarter for ADTRAN (NASDAQ ADTN)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
7/18/2017quarterly$0.091.5%8/1/20178/3/20178/17/2017
4/18/2017quarterly$0.091.82%5/2/20175/4/20175/18/2017
1/17/2017quarterly$0.091.59%1/31/20172/2/20172/16/2017
10/18/2016quarterly$0.091.8%11/1/201611/3/201611/17/2016
7/12/2016quarterly$0.091.88%7/26/20167/28/20168/11/2016
4/12/2016quarterly$0.091.82%4/26/20164/28/20165/12/2016
1/19/2016quarterly$0.091.9%2/2/20162/4/20162/18/2016
10/13/2015quarterly$0.092.47%10/27/201510/29/201511/12/2015
7/14/2015quarterly$0.092.18%7/28/20157/30/20158/13/2015
4/21/2015quarterly$0.092.25%5/5/20155/7/20155/21/2015
1/20/2015quarterly$0.091.61%2/3/20152/5/20152/19/2015
10/14/2014quarterly$0.091.86%10/28/201410/30/201411/13/2014
7/15/2014quarterly$0.091.61%7/29/20147/31/20148/14/2014
4/15/2014quarterly$0.091.6%4/29/20145/1/20145/15/2014
1/22/2014quarterly$0.091.38%2/4/20142/6/20142/20/2014
10/8/2013quarterly$0.091.44%10/22/201310/24/201311/7/2013
7/9/2013quarterly$0.091.5%7/23/20137/25/20138/8/2013
4/9/2013quarterly$0.091.58%4/23/20134/25/20135/9/2013
1/15/2013quarterly$0.091.7%2/5/20132/7/20132/21/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for ADTRAN (NASDAQ:ADTN)
Insider Ownership Percentage: 2.96%
Institutional Ownership Percentage: 89.46%
Insider Trades by Quarter for ADTRAN (NASDAQ:ADTN)
Institutional Ownership by Quarter for ADTRAN (NASDAQ:ADTN)
Insider Trades by Quarter for ADTRAN (NASDAQ:ADTN)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
7/25/2017Michael FolianoSVPSell24,000$23.77$570,480.00View SEC Filing  
7/24/2017Michael FolianoSVPSell322$23.70$7,631.40View SEC Filing  
4/28/2015Thomas R StantonCEOBuy31,200$16.05$500,760.00View SEC Filing  
4/24/2015James E MatthewsDirectorSell23,000$16.03$368,690.00View SEC Filing  
8/29/2014Kevin P HeeringSVPSell5,650$23.10$130,515.00View SEC Filing  
7/21/2014Robert A FredricksonVPSell2,577$22.07$56,874.39View SEC Filing  
7/16/2013Robert A FredricksonVPSell3,750$25.35$95,062.50View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for ADTRAN (NASDAQ:ADTN)
Latest Headlines for ADTRAN (NASDAQ:ADTN)
Source:
DateHeadline
thestreet.com logoFirst Week Of October 20th Options Trading For Adtran (ADTN)
www.thestreet.com - September 18 at 3:57 PM
americanbankingnews.com logoZacks: Analysts Expect ADTRAN, Inc. (ADTN) Will Post Earnings of $0.27 Per Share
www.americanbankingnews.com - September 18 at 4:24 AM
finance.yahoo.com logoADTRAN, Inc. – Value Analysis (NASDAQ:ADTN) : September 14, 2017
finance.yahoo.com - September 14 at 3:24 AM
finance.yahoo.com logoADTRAN, Inc. breached its 50 day moving average in a Bullish Manner : ADTN-US : September 12, 2017
finance.yahoo.com - September 12 at 3:44 PM
americanbankingnews.com logoContrasting ADTRAN (ADTN) & Viavi Solutions (VIAV)
www.americanbankingnews.com - September 9 at 6:08 AM
americanbankingnews.com logoADTRAN, Inc. (ADTN) Receives Consensus Recommendation of "Buy" from Analysts
www.americanbankingnews.com - September 6 at 2:56 PM
americanbankingnews.com logoADTRAN, Inc. (ADTN) Stock Rating Reaffirmed by Northland Securities
www.americanbankingnews.com - September 5 at 1:32 PM
americanbankingnews.com logoADTRAN, Inc. (ADTN) Expected to Announce Quarterly Sales of $185.19 Million
www.americanbankingnews.com - September 1 at 3:28 AM
americanbankingnews.com logo$0.27 EPS Expected for ADTRAN, Inc. (ADTN) This Quarter
www.americanbankingnews.com - August 30 at 4:24 PM
finance.yahoo.com logoMotorola Solutions Closes Kodiak Buyout, Expands Portfolio
finance.yahoo.com - August 29 at 3:54 PM
americanbankingnews.com logoBidaskClub Upgrades ADTRAN, Inc. (ADTN) to "Sell"
www.americanbankingnews.com - August 26 at 7:52 PM
finance.yahoo.com logoADTRAN, Inc. breached its 50 day moving average in a Bullish Manner : ADTN-US : August 23, 2017
finance.yahoo.com - August 23 at 3:33 PM
finance.yahoo.com logoADTRAN Announces the Mosaic Subscriber Solutions & Experience Suite of Software Tools that Delivers on the Promise of Software Defined Access
finance.yahoo.com - August 23 at 3:33 PM
seekingalpha.com logoAdtran's new deployment promising to extend reach from fiber's end
seekingalpha.com - August 22 at 10:04 PM
finance.yahoo.com logoADTRAN Delivers Disruptive Gigabit-To-The-Basement Solution, Taking Gigabit Services 10x Farther, 5x Faster
finance.yahoo.com - August 22 at 4:08 PM
finance.yahoo.com logoETFs with exposure to ADTRAN, Inc. : August 18, 2017
finance.yahoo.com - August 18 at 8:28 PM
americanbankingnews.com logoBidaskClub Downgrades ADTRAN, Inc. (ADTN) to Strong Sell
www.americanbankingnews.com - August 17 at 12:44 AM
finance.yahoo.com logoADTRAN, Inc. to present at the Drexel Hamilton TMT Conference in New York City on September 6, 2017
finance.yahoo.com - August 16 at 8:32 PM
finance.yahoo.com logoADTRAN Speeds Gigabit Society in America through Creation of Gigabit Accelerator Program
finance.yahoo.com - August 16 at 3:28 PM
finance.yahoo.com logoADTRAN SD-Access Accelerator Speeds Path to Software-Based Control and Open Networking Innovation
finance.yahoo.com - August 16 at 3:28 PM
finance.yahoo.com logoADTRAN Reshapes the Service Edge with Broadband Subscriber Management Suite
finance.yahoo.com - August 16 at 3:28 PM
finance.yahoo.com logoADTRAN and CenturyLink Launch Software-Defined Access 10G-PON Solution
finance.yahoo.com - August 16 at 3:28 PM
finance.yahoo.com logoADTRAN Upgrades NG-PON2 to Support 5G and Mission Critical Services
finance.yahoo.com - August 16 at 3:28 PM
finance.yahoo.com logoADTRAN Strengthens ProCloud Subscription Services with NG Firewall
finance.yahoo.com - August 14 at 3:53 PM
americanbankingnews.com logoADTRAN, Inc. (ADTN) Receives Average Rating of "Buy" from Analysts
www.americanbankingnews.com - August 12 at 3:12 PM
finance.yahoo.com logoWhy ADTRAN (ADTN) Could Be Positioned for a Surge
finance.yahoo.com - August 10 at 4:54 PM
finance.yahoo.com logoSee what the IHS Markit Score report has to say about ADTRAN Inc.
finance.yahoo.com - August 9 at 8:48 PM
finance.yahoo.com logoADTRAN, Inc. :ADTN-US: Earnings Analysis: Q2, 2017 By the Numbers : August 7, 2017
finance.yahoo.com - August 7 at 4:28 PM
nasdaq.com logoEx-Dividend Reminder: Northwest Bancshares, Adtran and Matson
www.nasdaq.com - July 29 at 1:51 AM
finance.yahoo.com logoWhy ADTRAN (ADTN) Stock Might be a Great Pick
finance.yahoo.com - July 28 at 3:48 PM
americanbankingnews.com logoADTRAN, Inc. (ADTN) SVP Michael Foliano Sells 24,000 Shares
www.americanbankingnews.com - July 26 at 8:01 PM
americanbankingnews.com logoQ2 2018 Earnings Estimate for ADTRAN, Inc. (ADTN) Issued By Jefferies Group
www.americanbankingnews.com - July 24 at 10:27 AM
americanbankingnews.com logoADTRAN, Inc. (NASDAQ:ADTN) Rating Reiterated by Cowen and Company
www.americanbankingnews.com - July 22 at 2:08 PM
americanbankingnews.com logoADTRAN, Inc. (ADTN) Earns Buy Rating from Northland Securities
www.americanbankingnews.com - July 21 at 6:42 PM
americanbankingnews.com logoADTRAN, Inc. to Post Q1 2018 Earnings of $0.15 Per Share, Jefferies Group Forecasts (NASDAQ:ADTN)
www.americanbankingnews.com - July 21 at 2:26 PM
americanbankingnews.com logoADTRAN, Inc. (ADTN) Upgraded at Zacks Investment Research
www.americanbankingnews.com - July 21 at 10:06 AM
finance.yahoo.com logoGigabit Britain Moves Closer to a Reality as Call Flow Deploys ADTRAN-Powered 10Gbps FTTH Infrastructure
finance.yahoo.com - July 20 at 3:48 PM
finance.yahoo.com logoADTRAN, Inc. (ADTN) in Focus: Stock Moves 7.3% Higher
finance.yahoo.com - July 20 at 3:48 PM
americanbankingnews.com logoNeedham & Company LLC Boosts ADTRAN, Inc. (ADTN) Price Target to $25.00
www.americanbankingnews.com - July 20 at 8:43 AM
finance.yahoo.com logoEdited Transcript of ADTN earnings conference call or presentation 19-Jul-17 2:30pm GMT
finance.yahoo.com - July 20 at 3:00 AM
americanbankingnews.com logoADTRAN, Inc. (ADTN) Issues Earnings Results
www.americanbankingnews.com - July 20 at 12:58 AM
finance.yahoo.com logoAdtran tops Street 2Q forecasts
finance.yahoo.com - July 19 at 4:12 PM
seekingalpha.com logoAdtran +9.3% after record revenue drives Q2 beat
seekingalpha.com - July 19 at 10:56 AM
americanbankingnews.com logoADTRAN, Inc. (NASDAQ:ADTN) Plans $0.09 Quarterly Dividend
www.americanbankingnews.com - July 18 at 10:44 PM
finance.yahoo.com logoADTRAN, Inc. Reports Record Results for the Second Quarter 2017 and Declares Quarterly Cash Dividend
finance.yahoo.com - July 18 at 9:12 PM
finance.yahoo.com logonbn and ADTRAN Ink Contract to Advance Broadband Access in Australia
finance.yahoo.com - July 18 at 4:11 PM
finance.yahoo.com logoADTRAN and Deutsche Telekom Look to Ultra Broadband Evolution to Advance the Gigabit Society
finance.yahoo.com - July 18 at 4:11 PM
americanbankingnews.com logoADTRAN, Inc. (NASDAQ:ADTN) Receives Average Recommendation of "Buy" from Analysts
www.americanbankingnews.com - July 18 at 3:11 PM
americanbankingnews.com logoADTRAN, Inc. (ADTN) Scheduled to Post Earnings on Tuesday
www.americanbankingnews.com - July 14 at 7:10 AM
finance.yahoo.com logoADTRAN, Inc. – Value Analysis (NASDAQ:ADTN) : July 10, 2017
finance.yahoo.com - July 10 at 8:44 PM

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ADTRAN (ADTN) Chart for Tuesday, September, 19, 2017

This page was last updated on 9/19/2017 by MarketBeat.com Staff