NASDAQ:ADTNADTRAN Stock Price, Forecast & News

ADTRAN's stock was trading at $6.84 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, ADTN shares have increased by 81.6% and is now trading at $12.42.
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4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for ADTRAN in the last year. There are currently 1 hold rating and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for ADTRAN.

ADTRAN is scheduled to release its next quarterly earnings announcement on Wednesday, August 5th 2020.
View our earnings forecast for ADTRAN.

ADTRAN will be holding an earnings conference call on Wednesday, August 5th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

ADTRAN, Inc. (NASDAQ:ADTN) posted its quarterly earnings data on Wednesday, May, 6th. The communications equipment provider reported ($0.05) earnings per share for the quarter, topping the Zacks' consensus estimate of ($0.16) by $0.11. The communications equipment provider earned $114.52 million during the quarter, compared to analysts' expectations of $111.05 million. ADTRAN had a negative return on equity of 1.74% and a negative net margin of 12.72%.
View ADTRAN's earnings history.

ADTRAN declared a quarterly dividend on Wednesday, May 6th. Investors of record on Thursday, May 21st will be paid a dividend of $0.09 per share on Thursday, June 4th. This represents a $0.36 dividend on an annualized basis and a yield of 2.90%. The ex-dividend date is Wednesday, May 20th.
View ADTRAN's dividend history.

4 brokers have issued 12 month price objectives for ADTRAN's shares. Their forecasts range from $10.50 to $15.00. On average, they anticipate ADTRAN's share price to reach $12.83 in the next year. This suggests a possible upside of 3.3% from the stock's current price.
View analysts' price targets for ADTRAN.

Press coverage about ADTN stock has been trending negative on Monday, InfoTrie reports. InfoTrie identifies positive and negative news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. ADTRAN earned a daily sentiment score of -2.2 on InfoTrie's scale. They also gave media headlines about the communications equipment provider a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the next several days.
View the latest news about ADTRAN.

ADTRAN saw a decrease in short interest in the month of June. As of June 30th, there was short interest totaling 857,200 shares, a decrease of 8.2% from the June 15th total of 934,000 shares. Based on an average daily volume of 413,100 shares, the days-to-cover ratio is presently 2.1 days. Approximately 1.8% of the shares of the company are short sold.
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Some companies that are related to ADTRAN include Cisco Systems (CSCO), QUALCOMM (QCOM), Palo Alto Networks (PANW), Motorola Solutions (MSI), Ciena (CIEN), Juniper Networks (JNPR), F5 Networks (FFIV), Echostar (SATS), ViaSat (VSAT), InterDigital Wireless (IDCC), Infinera (INFN), Calix (CALX), NetGear (NTGR), Plantronics (PLT) and Ribbon Communications (RBBN).
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Based on aggregate information from My MarketBeat watchlists, some companies that other ADTRAN investors own include Intelsat (I), Bank of America (BAC), Fossil Group (FOSL), AMC Entertainment (AMC), Ciena (CIEN), Associated British Foods (ABF), Apollo Global Management (APO), Chaarat Gold (CGH), Cypress Semiconductor (CY) and First Data (FDC).

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

ADTRAN's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Horrell Capital Management Inc. (0.90%), Comerica Bank (0.13%), Strs Ohio (0.11%), UBS Group AG (0.11%), SG Americas Securities LLC (0.09%) and Stone Ridge Asset Management LLC (0.07%). Company insiders that own ADTRAN stock include Balan Nair, Daniel T Whalen, James Denson Wilson Jr, Marc Kimpe and Roger D Shannon.
View institutional ownership trends for ADTRAN.

ADTN stock was sold by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Horrell Capital Management Inc., Dupont Capital Management Corp, and Cornerstone Investment Partners LLC.
View insider buying and selling activity for ADTRAN.

ADTN stock was bought by a variety of institutional investors in the last quarter, including UBS Group AG, SG Americas Securities LLC, First Quadrant L P CA, Zeke Capital Advisors LLC, Strs Ohio, Comerica Bank, and Stone Ridge Asset Management LLC. Company insiders that have bought ADTRAN stock in the last two years include Balan Nair, Daniel T Whalen, and Marc Kimpe.
View insider buying and selling activity for ADTRAN.

Shares of ADTN can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of ADTN stock can currently be purchased for approximately $12.42.

ADTRAN has a market capitalization of $595.66 million and generates $530.06 million in revenue each year. The communications equipment provider earns $-52,980,000.00 in net income (profit) each year or ($0.01) on an earnings per share basis. ADTRAN employs 1,790 workers across the globe.

The official website for ADTRAN is www.adtran.com.

ADTRAN's mailing address is 901 Explorer Boulevard, HUNTSVILLE AL, 35806. The communications equipment provider can be reached via phone at 256-963-8000 or via email at [email protected]