ADTRAN - ADTN Stock Forecast, Price & News

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for ADTRAN in the last year. There are currently 2 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" ADTN shares.
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5 brokerages have issued twelve-month price objectives for ADTRAN's shares. Their ADTN share price forecasts range from $24.00 to $34.00. On average, they predict the company's stock price to reach $28.20 in the next year. This suggests a possible upside of 55.3% from the stock's current price.
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ADTRAN's stock was trading at $18.79 at the beginning of the year. Since then, ADTN shares have decreased by 3.4% and is now trading at $18.16.
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ADTRAN saw a decline in short interest during the month of January. As of January 15th, there was short interest totaling 2,370,000 shares, a decline of 5.2% from the December 31st total of 2,500,000 shares. Based on an average daily volume of 538,700 shares, the days-to-cover ratio is currently 4.4 days.
View ADTRAN's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Monday, February 20th 2023.
View our ADTN earnings forecast.

ADTRAN will be holding an earnings conference call on Tuesday, February 21st at 10:30 AM Eastern. Interested parties can register for or listen to the call using this link.

ADTRAN Holdings, Inc. (NASDAQ:ADTN) released its quarterly earnings data on Tuesday, November, 8th. The communications equipment provider reported ($0.02) earnings per share for the quarter, missing the consensus estimate of $0.15 by $0.17. The communications equipment provider earned $340.71 million during the quarter. ADTRAN had a negative net margin of 5.49% and a positive trailing twelve-month return on equity of 3.11%.

ADTRAN announced a quarterly dividend on Tuesday, November 8th. Stockholders of record on Tuesday, November 22nd will be paid a dividend of $0.09 per share on Tuesday, December 6th. This represents a $0.36 annualized dividend and a yield of 1.98%. The ex-dividend date of this dividend is Monday, November 21st.
Read our dividend analysis for ADTN.

ADTRAN (NASDAQ:ADTN) pays an annual dividend of $0.36 per share and currently has a dividend yield of 1.93%.
Read our dividend analysis for ADTN.

ADTRAN updated its fourth quarter 2022 earnings guidance on Friday, December, 9th. The company provided EPS guidance of for the period. The company issued revenue guidance of $355.00 million-$375.00 million, compared to the consensus revenue estimate of $363.20 million.

121 employees have rated ADTRAN Chief Executive Officer Thomas R. Stanton on Glassdoor.com. Thomas R. Stanton has an approval rating of 74% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other ADTRAN investors own include Intelsat (I), Ciena (CIEN), Fossil Group (FOSL), AMC Entertainment (AMC), Bank of America (BAC), Associated British Foods (ABF), Apollo Global Management (APO), Chaarat Gold (CGH), First Data (FDC) and Cypress Semiconductor (CY).

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

ADTRAN's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include DNB Asset Management AS (3.32%), Bernzott Capital Advisors (1.73%), Kornitzer Capital Management Inc. KS (0.72%), Monarch Partners Asset Management LLC (0.30%), DekaBank Deutsche Girozentrale (0.27%) and Rice Hall James & Associates LLC (0.24%). Insiders that own company stock include Balan Nair, Brian Protiva, Daniel T Whalen, Gregory James Mccray, Marc Kimpe and Thomas R Stanton.
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Shares of ADTN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of ADTN stock can currently be purchased for approximately $18.16.

ADTRAN (NASDAQ:ADTN) has a market capitalization of $1.42 billion and generates $563 million in revenue each year. The communications equipment provider earns $-8,640,000.00 in net income (profit) each year or ($0.64) on an earnings per share basis.

The company employs 1,335 workers across the globe.

ADTRAN's mailing address is 901 Explorer Boulevard, HUNTSVILLE AL, 35806. The official website for the company is www.adtran.com. The communications equipment provider can be reached via phone at (256) 963-8300, via email at investor.relations@adtran.com, or via fax at 256-963-6300.