NASDAQ:ADTN - ADTRAN Stock Price, Forecast & News

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

ADTRAN announced a quarterly dividend on Wednesday, February 5th. Stockholders of record on Thursday, February 20th will be paid a dividend of $0.09 per share on Thursday, March 5th. This represents a $0.36 annualized dividend and a dividend yield of 3.92%. The ex-dividend date of this dividend is Wednesday, February 19th. View ADTRAN's Dividend History.

ADTRAN, Inc. (NASDAQ:ADTN) released its quarterly earnings data on Wednesday, February, 5th. The communications equipment provider reported ($0.07) EPS for the quarter, topping analysts' consensus estimates of ($0.16) by $0.09. The communications equipment provider had revenue of $115.79 million for the quarter, compared to analyst estimates of $112.70 million. ADTRAN had a negative net margin of 9.99% and a positive return on equity of 0.06%. View ADTRAN's Earnings History.

ADTRAN is scheduled to release their next quarterly earnings announcement on Wednesday, April 15th 2020. View Earnings Estimates for ADTRAN.

4 brokerages have issued 1 year price objectives for ADTRAN's stock. Their forecasts range from $10.00 to $17.00. On average, they anticipate ADTRAN's share price to reach $12.67 in the next year. This suggests a possible upside of 37.8% from the stock's current price. View Analyst Price Targets for ADTRAN.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for ADTRAN in the last year. There are currently 4 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for ADTRAN.

News stories about ADTN stock have trended negative on Thursday, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. ADTRAN earned a news impact score of -2.1 on InfoTrie's scale. They also gave media stories about the communications equipment provider a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the near term. View News Stories for ADTRAN.

ADTRAN saw a increase in short interest in the month of January. As of January 31st, there was short interest totalling 931,900 shares, an increase of 14.7% from the January 15th total of 812,200 shares. Based on an average daily volume of 240,100 shares, the days-to-cover ratio is currently 3.9 days. Currently, 2.0% of the shares of the stock are short sold. View ADTRAN's Current Options Chain.

Some companies that are related to ADTRAN include Cisco Systems (CSCO), QUALCOMM (QCOM), Motorola Solutions (MSI), Palo Alto Networks (PANW), Juniper Networks (JNPR), F5 Networks (FFIV), Ciena (CIEN), Echostar (SATS), ViaSat (VSAT), Finisar (FNSR), InterDigital Wireless (IDCC), Infinera (INFN), Comtech Telecomm. (CMTL), Extreme Networks (EXTR) and NetGear (NTGR).

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

ADTRAN's stock is owned by a number of of institutional and retail investors. Top institutional investors include Victory Capital Management Inc. (6.60%), Victory Capital Management Inc. (6.55%), Renaissance Technologies LLC (5.13%), State Street Corp (3.10%), FIL Ltd (3.02%) and Charles Schwab Investment Management Inc. (1.54%). 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 Bank of New York Mellon Corp, Thrivent Financial for Lutherans, Oxford Asset Management LLP, Royce & Associates LP, AQR Capital Management LLC, FIL Ltd, Alambic Investment Management L.P. and Arizona State Retirement System. View Insider Buying and Selling for ADTRAN.

ADTN stock was purchased by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Victory Capital Management Inc., Victory Capital Management Inc., Horrell Capital Management Inc., Renaissance Technologies LLC, Goldman Sachs Group Inc., Great West Life Assurance Co. Can and Charles Schwab Investment Management Inc.. 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 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 $9.19.

ADTRAN has a market capitalization of $439.56 million and generates $530.06 million in revenue each year. The communications equipment provider earns $-54,020,000.00 in net income (profit) each year or ($0.01) on an earnings per share basis. ADTRAN employs 1,900 workers across the globe.View Additional Information About ADTRAN.

The official website for ADTRAN is http://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]