ADTRAN Company Profile (NASDAQ:ADTN)

About ADTRAN (NASDAQ:ADTN)

ADTRAN, 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 - NEC
Sub-Industry: Communications Equipment
Symbol: NASDAQ:ADTN
CUSIP: 00738A10
Web: www.adtran.com

Capitalization:

Market Cap: $1.02768 billion
Outstanding Shares: 47,799,000

Average Prices:

50 Day Moving Avg: $21.91
200 Day Moving Avg: $20.92
52 Week Range: $17.55 - $24.05

P/E:

Trailing P/E Ratio: 26.97
Foreward P/E Ratio: 23.23
P/E Growth: 11.54

Sales & Book Value:

Annual Revenue: $686.83 million
Price / Sales: 1.50
Book Value: $10.12 per share
Price / Book: 2.13

Dividend:

Annual Dividend: $0.36
Dividend Yield: 1.7%

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: 342,208 shs.
Beta: 0.65
Short Ratio: 1.64

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. Investors 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 yield of 1.67%. The ex-dividend date is Tuesday, August 1st. View ADTRAN's Dividend History.

How were ADTRAN's earnings last quarter?

ADTRAN, Inc. (NASDAQ:ADTN) posted its earnings results on Tuesday, July, 18th. The company reported $0.30 EPS for the quarter, topping the consensus estimate of $0.19 by $0.11. The firm earned $184.67 million during the quarter, compared to analysts' expectations of $183.05 million. ADTRAN had a return on equity of 8.39% and a net margin of 5.68%. During the same period in the previous year, the company posted $0.21 EPS. 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 brokers have issued 1 year target prices for ADTRAN's shares. Their forecasts range from $18.00 to $26.50. On average, they anticipate ADTRAN's stock price to reach $23.33 in the next twelve months. 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?

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

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 retail and institutional investors. Top institutional investors 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 $21.60.

MarketBeat Community Rating for ADTRAN (NASDAQ ADTN)

Community Ranking:		1.8 out of 5 ()
Outperform Votes:		199 (Vote Outperform)
Underperform Votes:		360 (Vote Underperform)
Total Votes:		559

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.

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:	$23.33 (8.02% upside)

Analysts' Ratings History for ADTRAN (NASDAQ:ADTN)

Show:

Date	Firm	Action	Rating	Price Target	Impact on Share Price
8/10/2017	Needham & Company LLC	Boost Price Target	Buy -> Buy	$25.00 -> $26.00	Medium
7/22/2017	Cowen and Company	Reiterated Rating	Market Perform	$16.00 -> $18.00	Low
7/21/2017	Northland Securities	Reiterated Rating	Buy		Low
4/24/2017	MKM Partners	Reiterated Rating	Buy	$27.50 -> $26.50	Low
4/20/2017	Argus	Upgrade	Hold -> Buy	$25.00	Low
1/19/2017	Jefferies Group LLC	Boost Price Target	Hold	$17.50 -> $20.50	N/A
4/18/2016	Goldman Sachs Group, Inc. (The)	Downgrade	Neutral -> Sell	$18.00 -> $17.00	N/A
4/14/2016	Stifel Nicolaus	Boost Price Target	Buy	$21.00 -> $25.00	N/A
1/15/2016	Drexel Hamilton	Upgrade	Hold -> Buy	$22.00	N/A
12/17/2015	J P Morgan Chase & Co	Upgrade	Neutral -> Overweight	$22.50	N/A

(Data available from 8/19/2015 forward)

Earnings History for ADTRAN (NASDAQ:ADTN)

Earnings by Quarter for ADTRAN (NASDAQ:ADTN)

Earnings History by Quarter for ADTRAN (NASDAQ ADTN)

Date	Quarter	Consensus Estimate	Actual EPS	Revenue Estimate	Actual Revenue	Release Link	Conference Call
10/16/2017		$0.24					N/A
7/18/2017	6/30/2017	$0.19	$0.30	$183.05 million	$184.67 million	View	N/A
4/18/2017	3/31/2017	$0.12	$0.18	$167.87 million	$170.28 million	View	N/A
1/17/2017	Q416	$0.11	$0.21	$152.03 million	$162.99 million	View	Listen
10/18/2016	Q316	$0.21	$0.26	$162.41 million	$168.89 million	View	Listen
10/13/2015	Q315	$0.14	$0.16	$160.66 million	$158.08 million	View	Listen
7/14/2015	Q215	$0.07	$0.08	$157.77 million	$160.14 million	View	Listen
4/21/2015	Q115	$0.08	$0.07	$149.96 million	$142.84 million	View	Listen
1/20/2015	Q414	$0.07	$0.15	$141.62 million	$143.98 million	View	N/A
10/14/2014	Q314	$0.20	$0.22	$168.53 million	$162.89 million	View	Listen
7/15/2014	Q214	$0.25	$0.27	$175.68 million	$176.10 million	View	Listen
4/15/2014	Q114	$0.16	$0.18	$149.36 million	$147.00 million	View	Listen
1/22/2014	Q413	$0.14	$0.25	$159.36 million	$159.10 million	View	Listen
10/9/2013	Q313	$0.22	$0.28	$175.10 million	$177.40 million	View	Listen
7/9/2013	Q2 2013	$0.16	$0.17	$154.16 million	$162.23 million	View	Listen
1/15/2013	Q4 2012	$0.06	$0.11	$139.79 million	$139.76 million	View	Listen
4/13/2011		$0.46	$0.52			View	N/A

(Data available from 1/1/2011 forward)

Earnings Estimates for ADTRAN (NASDAQ:ADTN)

2017 EPS Consensus Estimate: $0.78
2018 EPS Consensus Estimate: $0.92

Quarter	Number of Estimates	Low Estimate	High Estimate	Average Estimate
Q1 2017	1	$0.12	$0.12	$0.12
Q2 2017	1	$0.24	$0.24	$0.24
Q3 2017	1	$0.26	$0.26	$0.26
Q4 2017	1	$0.16	$0.16	$0.16
Q1 2018	1	$0.15	$0.15	$0.15
Q2 2018	1	$0.28	$0.28	$0.28
Q3 2018	1	$0.28	$0.28	$0.28
Q4 2018	1	$0.21	$0.21	$0.21

(Data provided by Zacks Investment Research)

Current Dividend Information for ADTRAN (NASDAQ:ADTN)

Most Recent Dividend:	8/17/2017
Annual Dividend:	$0.36
Dividend Yield:	1.67%
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)

Announced	Period	Amount	Yield	Ex-Dividend Date	Record Date	Payable Date
7/18/2017	quarterly	$0.09	1.5%	8/1/2017	8/3/2017	8/17/2017
4/18/2017	quarterly	$0.09	1.82%	5/2/2017	5/4/2017	5/18/2017
1/17/2017	quarterly	$0.09	1.59%	1/31/2017	2/2/2017	2/16/2017
10/18/2016	quarterly	$0.09	1.8%	11/1/2016	11/3/2016	11/17/2016
7/12/2016	quarterly	$0.09	1.88%	7/26/2016	7/28/2016	8/11/2016
4/12/2016	quarterly	$0.09	1.82%	4/26/2016	4/28/2016	5/12/2016
1/19/2016	quarterly	$0.09	1.9%	2/2/2016	2/4/2016	2/18/2016
10/13/2015	quarterly	$0.09	2.47%	10/27/2015	10/29/2015	11/12/2015
7/14/2015	quarterly	$0.09	2.18%	7/28/2015	7/30/2015	8/13/2015
4/21/2015	quarterly	$0.09	2.25%	5/5/2015	5/7/2015	5/21/2015
1/20/2015	quarterly	$0.09	1.61%	2/3/2015	2/5/2015	2/19/2015
10/14/2014	quarterly	$0.09	1.86%	10/28/2014	10/30/2014	11/13/2014
7/15/2014	quarterly	$0.09	1.61%	7/29/2014	7/31/2014	8/14/2014
4/15/2014	quarterly	$0.09	1.6%	4/29/2014	5/1/2014	5/15/2014
1/22/2014	quarterly	$0.09	1.38%	2/4/2014	2/6/2014	2/20/2014
10/8/2013	quarterly	$0.09	1.44%	10/22/2013	10/24/2013	11/7/2013
7/9/2013	quarterly	$0.09	1.5%	7/23/2013	7/25/2013	8/8/2013
4/9/2013	quarterly	$0.09	1.58%	4/23/2013	4/25/2013	5/9/2013
1/15/2013	quarterly	$0.09	1.7%	2/5/2013	2/7/2013	2/21/2013

(Data available from 1/1/2013 forward)

Insider Trading and Institutional Ownership History for ADTRAN (NASDAQ:ADTN)

Insider Ownership Percentage: 2.96%
Institutional Ownership Percentage: 90.07%

Institutional Ownership by Quarter for ADTRAN (NASDAQ:ADTN)

Insider Trades by Quarter for ADTRAN (NASDAQ:ADTN)

Transaction Date	Insider Name	Title	Buy/Sell	Number of Shares	Average Share Price	Total Transaction
7/25/2017	Michael Foliano	SVP	Sell	24,000	$23.77	$570,480.00
7/24/2017	Michael Foliano	SVP	Sell	322	$23.70	$7,631.40
4/28/2015	Thomas R Stanton	CEO	Buy	31,200	$16.05	$500,760.00
4/24/2015	James E Matthews	Director	Sell	23,000	$16.03	$368,690.00
8/29/2014	Kevin P Heering	SVP	Sell	5,650	$23.10	$130,515.00
7/21/2014	Robert A Fredrickson	VP	Sell	2,577	$22.07	$56,874.39
7/16/2013	Robert A Fredrickson	VP	Sell	3,750	$25.35	$95,062.50

(Data available from 1/1/2013 forward)

Headline Trends for ADTRAN (NASDAQ:ADTN) Latest Headlines for ADTRAN (NASDAQ:ADTN)

Source:

Date	Headline
	ETFs with exposure to ADTRAN, Inc. : August 18, 2017 finance.yahoo.com - August 18 at 8:28 PM
	BidaskClub Downgrades ADTRAN, Inc. (ADTN) to Strong Sell www.americanbankingnews.com - August 17 at 12:44 AM
	ADTRAN, 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
	ADTRAN Speeds Gigabit Society in America through Creation of Gigabit Accelerator Program finance.yahoo.com - August 16 at 3:28 PM
	ADTRAN SD-Access Accelerator Speeds Path to Software-Based Control and Open Networking Innovation finance.yahoo.com - August 16 at 3:28 PM
	ADTRAN Reshapes the Service Edge with Broadband Subscriber Management Suite finance.yahoo.com - August 16 at 3:28 PM
	ADTRAN and CenturyLink Launch Software-Defined Access 10G-PON Solution finance.yahoo.com - August 16 at 3:28 PM
	ADTRAN Upgrades NG-PON2 to Support 5G and Mission Critical Services finance.yahoo.com - August 16 at 3:28 PM
	ADTRAN Strengthens ProCloud Subscription Services with NG Firewall finance.yahoo.com - August 14 at 3:53 PM
	ADTRAN, Inc. (ADTN) Receives Average Rating of "Buy" from Analysts www.americanbankingnews.com - August 12 at 3:12 PM
	Why ADTRAN (ADTN) Could Be Positioned for a Surge finance.yahoo.com - August 10 at 4:54 PM
	See what the IHS Markit Score report has to say about ADTRAN Inc. finance.yahoo.com - August 9 at 8:48 PM
	ADTRAN, Inc. :ADTN-US: Earnings Analysis: Q2, 2017 By the Numbers : August 7, 2017 finance.yahoo.com - August 7 at 4:28 PM
	Ex-Dividend Reminder: Northwest Bancshares, Adtran and Matson www.nasdaq.com - July 29 at 1:51 AM
	Why ADTRAN (ADTN) Stock Might be a Great Pick finance.yahoo.com - July 28 at 3:48 PM
	ADTRAN, Inc. (ADTN) SVP Michael Foliano Sells 24,000 Shares www.americanbankingnews.com - July 26 at 8:01 PM
	Q2 2018 Earnings Estimate for ADTRAN, Inc. (ADTN) Issued By Jefferies Group www.americanbankingnews.com - July 24 at 10:27 AM
	ADTRAN, Inc. (NASDAQ:ADTN) Rating Reiterated by Cowen and Company www.americanbankingnews.com - July 22 at 2:08 PM
	ADTRAN, Inc. (ADTN) Earns Buy Rating from Northland Securities www.americanbankingnews.com - July 21 at 6:42 PM
	ADTRAN, 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
	ADTRAN, Inc. (ADTN) Upgraded at Zacks Investment Research www.americanbankingnews.com - July 21 at 10:06 AM
	Gigabit Britain Moves Closer to a Reality as Call Flow Deploys ADTRAN-Powered 10Gbps FTTH Infrastructure finance.yahoo.com - July 20 at 3:48 PM
	ADTRAN, Inc. (ADTN) in Focus: Stock Moves 7.3% Higher finance.yahoo.com - July 20 at 3:48 PM
	Needham & Company LLC Boosts ADTRAN, Inc. (ADTN) Price Target to $25.00 www.americanbankingnews.com - July 20 at 8:43 AM
	Edited Transcript of ADTN earnings conference call or presentation 19-Jul-17 2:30pm GMT finance.yahoo.com - July 20 at 3:00 AM
	ADTRAN, Inc. (ADTN) Issues Earnings Results www.americanbankingnews.com - July 20 at 12:58 AM
	Adtran tops Street 2Q forecasts finance.yahoo.com - July 19 at 4:12 PM
	Adtran +9.3% after record revenue drives Q2 beat seekingalpha.com - July 19 at 10:56 AM
	ADTRAN, Inc. (NASDAQ:ADTN) Plans $0.09 Quarterly Dividend www.americanbankingnews.com - July 18 at 10:44 PM
	ADTRAN, Inc. Reports Record Results for the Second Quarter 2017 and Declares Quarterly Cash Dividend finance.yahoo.com - July 18 at 9:12 PM
	nbn and ADTRAN Ink Contract to Advance Broadband Access in Australia finance.yahoo.com - July 18 at 4:11 PM
	ADTRAN and Deutsche Telekom Look to Ultra Broadband Evolution to Advance the Gigabit Society finance.yahoo.com - July 18 at 4:11 PM
	ADTRAN, Inc. (NASDAQ:ADTN) Receives Average Recommendation of "Buy" from Analysts www.americanbankingnews.com - July 18 at 3:11 PM
	ADTRAN, Inc. (ADTN) Scheduled to Post Earnings on Tuesday www.americanbankingnews.com - July 14 at 7:10 AM
	ADTRAN, Inc. – Value Analysis (NASDAQ:ADTN) : July 10, 2017 finance.yahoo.com - July 10 at 8:44 PM
	ADTRAN, Inc. breached its 50 day moving average in a Bearish Manner : ADTN-US : July 7, 2017 finance.yahoo.com - July 7 at 5:14 PM
	ADTRAN's (ADTN) Buy Rating Reaffirmed at Northland Securities www.americanbankingnews.com - July 4 at 8:42 AM
	ADTRAN, Inc. (ADTN) Sees Significant Drop in Short Interest www.americanbankingnews.com - July 1 at 7:04 AM
	Zacks: Brokerages Anticipate ADTRAN, Inc. (ADTN) Will Post Quarterly Sales of $183.05 Million www.americanbankingnews.com - June 30 at 11:56 AM
	ADTRAN, Inc. to Release Second Quarter Earnings on July 18, 2017 finance.yahoo.com - June 29 at 4:07 PM
	Zacks: Analysts Expect ADTRAN, Inc. (ADTN) Will Post Earnings of $0.22 Per Share www.americanbankingnews.com - June 28 at 10:08 PM
	ADTRAN, Inc. (ADTN) Given Consensus Rating of "Buy" by Analysts www.americanbankingnews.com - June 23 at 12:37 PM
	ADTRAN, Inc. breached its 50 day moving average in a Bearish Manner : ADTN-US : June 22, 2017 finance.yahoo.com - June 22 at 12:41 PM
	Head to Head Contrast: Westell Technologies (WSTL) & ADTRAN (ADTN) www.americanbankingnews.com - June 6 at 2:07 PM
	Numerex Corp. (NMRX) versus ADTRAN (ADTN) Head-To-Head Survey www.americanbankingnews.com - June 4 at 6:12 PM
	ADTRAN, Inc. (ADTN) Expected to Post Quarterly Sales of $183.05 Million www.americanbankingnews.com - June 4 at 7:52 AM
	$0.22 Earnings Per Share Expected for ADTRAN, Inc. (ADTN) This Quarter www.americanbankingnews.com - June 2 at 6:22 PM
	ADTRAN, Inc. breached its 50 day moving average in a Bullish Manner : ADTN-US : June 2, 2017 finance.yahoo.com - June 2 at 4:13 PM
	Adtran Shares Cross Above 200 DMA www.nasdaq.com - June 2 at 1:32 AM
	ADTRAN RFoG Beats OBI Without Cabinets finance.yahoo.com - May 30 at 10:06 AM

ADTRAN (ADTN) Chart for Saturday, August, 19, 2017

This page was last updated on 8/19/2017 by MarketBeat.com Staff

ADTRAN Company Profile (NASDAQ:ADTN)

About ADTRAN (NASDAQ:ADTN)

What is ADTRAN's stock symbol?

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

How were ADTRAN's earnings last quarter?

When will ADTRAN make its next earnings announcement?

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

What are analysts saying about ADTRAN stock?

Who are some of ADTRAN's key competitors?

Who are ADTRAN's key executives?

Who owns ADTRAN stock?

Who sold ADTRAN stock? Who is selling ADTRAN stock?

Who bought ADTRAN stock? Who is buying ADTRAN stock?

How do I buy ADTRAN stock?

What is ADTRAN's stock price today?

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