ADTRAN Company Profile (NASDAQ:ADTN)

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

ADTRAN declared a quarterly dividend on Tuesday, April 18th. Investors of record on Thursday, May 4th will be paid a dividend of $0.09 per share on Thursday, May 18th. This represents a $0.36 dividend on an annualized basis and a dividend yield of 1.80%. The ex-dividend date of this dividend is Tuesday, May 2nd. View ADTRAN's Dividend History.

ADTRAN, Inc. (NASDAQ:ADTN) released its quarterly earnings data on Tuesday, April, 18th. The company reported $0.18 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.12 by $0.06. The company had revenue of $170.28 million for the quarter, compared to analyst estimates of $167.87 million. ADTRAN had a return on equity of 7.92% and a net margin of 5.55%. During the same period last year, the business earned $0.10 EPS. View ADTRAN's Earnings History.

ADTRAN is scheduled to release their next quarterly earnings announcement on Monday, July, 10th 2017. View Earnings Estimates for ADTRAN.

5 analysts have issued twelve-month target prices for ADTRAN's stock. Their predictions range from $20.00 to $26.50. On average, they anticipate ADTRAN's share price to reach $23.20 in the next year. View Analyst Ratings for ADTRAN.

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

• 1. According to Zacks Investment Research, "Even though ADTRAN shares have underperformed the broader industry over the past six months, the company reported better-than-expected earnings per share and revenues in the fourth quarter of 2016. The company’s impressive performance can be attributed to robust growth in its international segment and its Services business. ADTRAN continues to impress with its lucrative product offering and solutions which are some of the best in the industry. The company recently announced that it has acquired fiber access products, technologies and services from CommScope Inc's subsidiaries which will add value to the company's solutions and services for the cable MSO industry. Although the company could face regulatory issues and competition pressure, roll-out of new products such as ProCloud Subscription Services and Suite of tools should further strengthen the company's top-line." (3/21/2017)
• 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)

ADTRAN saw a decrease in short interest in the month of June. As of June 15th, there was short interest totalling 620,082 shares, a decrease of 23.6% from the May 31st total of 811,487 shares. Based on an average trading volume of 223,296 shares, the days-to-cover ratio is presently 2.8 days. Currently, 1.3% of the company's stock are sold short.

Some companies that are related to ADTRAN include Plantronics (PLT), Infinera Corporation (INFN), Acacia Communications (ACIA), Oclaro (OCLR), Applied Optoelectronics (AAOI), Sierra Wireless (SWIR), Vocera Communications (VCRA), Spirent Communications Plc (SPT), Comtech Telecommunications Corp. (CMTL), Harmonic (HLIT), Sonus Networks (SONS), Calix (CALX), EMCORE Corporation (EMKR), Digi International (DGII), Gilat Satellite Networks (GILT), AudioCodes (AUDC), Clearfield (CLFD) and CityFibre Infrastructure Holdings PLC (CITY).

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

ADTRAN's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (0.00%), Vanguard Group Inc. (0.00%), Victory Capital Management Inc. (0.00%), Dimensional Fund Advisors LP (0.00%), Van Berkom & Associates Inc. (4.15%) and Deprince Race & Zollo Inc. (0.00%). View Institutional Ownership Trends for ADTRAN.

ADTRAN's stock was sold by a variety of institutional investors in the last quarter, including Deprince Race & Zollo Inc., Russell Investments Group Ltd., Monarch Partners Asset Management LLC, Heartland Advisors Inc., Great Lakes Advisors LLC, Canada Pension Plan Investment Board, Parametric Portfolio Associates LLC and Spark Investment Management LLC. View Insider Buying and Selling for ADTRAN.

ADTRAN's stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Victory Capital Management Inc., Vanguard Group Inc., Dimensional Fund Advisors LP, FIL Ltd, Renaissance Technologies LLC, State Street Corp and Nationwide Fund Advisors. View Insider Buying and Selling for ADTRAN.

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.

One share of ADTRAN stock can currently be purchased for approximately $20.00.