ADTRAN - ADTN Stock Forecast, Price & News

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for ADTRAN in the last year. There are currently 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" ADTN shares.
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6 equities research analysts have issued 12-month price targets for ADTRAN's shares. Their ADTN share price forecasts range from $24.00 to $35.00. On average, they anticipate the company's share price to reach $29.33 in the next year. This suggests a possible upside of 59.4% 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 stock has decreased by 2.1% and is now trading at $18.40.
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ADTRAN saw a decrease in short interest in the month of January. As of January 15th, there was short interest totaling 2,370,000 shares, a decrease of 5.2% from the December 31st total of 2,500,000 shares. Based on an average trading volume of 538,700 shares, the short-interest ratio is currently 4.4 days.
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ADTRAN Holdings, Inc. (NASDAQ:ADTN) issued its quarterly earnings data on Tuesday, November, 8th. The communications equipment provider reported ($0.02) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.15 by $0.17. The communications equipment provider earned $340.71 million during the quarter. ADTRAN had a positive trailing twelve-month return on equity of 3.11% and a negative net margin of 5.49%.

ADTRAN announced a quarterly dividend on Tuesday, November 8th. Investors 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 dividend on an annualized basis and a yield of 1.96%. 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 issued an update on its fourth quarter 2022 earnings guidance on Friday, December, 9th. The company provided earnings per share (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 investors include DNB Asset Management AS (3.32%), Bernzott Capital Advisors (1.73%), DekaBank Deutsche Girozentrale (0.27%), Rice Hall James & Associates LLC (0.24%), Assenagon Asset Management S.A. (0.12%) and Comerica Bank (0.08%). 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 $18.40.

ADTRAN (NASDAQ:ADTN) has a market capitalization of $1.44 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.