ADTRAN Company Profile (NASDAQ:ADTN)


ADTRAN logoADTRAN, 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:
  • Market Cap: $1.1501 billion
  • Outstanding Shares: 48,323,000
Average Prices:
  • 50 Day Moving Avg: $20.52
  • 200 Day Moving Avg: $20.85
  • 52 Week Range: $17.55 - $23.90
  • Trailing P/E Ratio: 30.66
  • Foreward P/E Ratio: 25.05
  • P/E Growth: 12.77
Sales & Book Value:
  • Annual Revenue: $664.86 million
  • Price / Sales: 1.69
  • Book Value: $9.98 per share
  • Price / Book: 2.33
  • Annual Dividend: $0.36
  • Dividend Yield: 1.5%
  • EBIDTA: $51.63 million
  • Net Margins: 5.68%
  • Return on Equity: 8.39%
  • Return on Assets: 6.07%
  • Debt-to-Equity Ratio: 0.06%
  • Current Ratio: 3.04%
  • Quick Ratio: 1.99%
  • Average Volume: 343,351 shs.
  • Beta: 0.62
  • Short Ratio: 2.22
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 announced a quarterly dividend on Tuesday, July 18th. Shareholders 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 1.55%. The ex-dividend date of this dividend is Tuesday, August 1st. View ADTRAN's Dividend History.

How were ADTRAN's earnings last quarter?

ADTRAN, Inc. (NASDAQ:ADTN) released its earnings results on Tuesday, July, 18th. The company reported $0.30 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.19 by $0.11. The business earned $184.67 million during the quarter, compared to the consensus estimate of $183.05 million. ADTRAN had a net margin of 5.68% and a return on equity of 8.39%. During the same period in the prior year, the company earned $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 analysts have issued 1-year price targets for ADTRAN's stock. Their forecasts range from $18.00 to $26.50. On average, they anticipate ADTRAN's share price to reach $23.17 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)

Are investors shorting ADTRAN?

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

Who are some of ADTRAN's key competitors?

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 a number of of retail and institutional investors. Top institutional investors include Van Berkom & Associates Inc. (4.18%), Louisiana State Employees Retirement System (0.04%), Aperio Group LLC (0.03%), Eqis Capital Management Inc. (0.03%) and State of Alaska Department of Revenue (0.02%). 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 Louisiana State Employees Retirement System and Eqis Capital Management Inc.. View Insider Buying and Selling for ADTRAN.

Who bought ADTRAN stock? Who is buying ADTRAN stock?

ADTRAN's stock was acquired by a variety of institutional investors in the last quarter, including Van Berkom & Associates Inc., State of Alaska Department of Revenue and Aperio Group 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 $23.30.

MarketBeat Community Rating for ADTRAN (NASDAQ ADTN)
Community Ranking:  1.8 out of 5 ()
Outperform Votes:  189 (Vote Outperform)
Underperform Votes:  348 (Vote Underperform)
Total Votes:  537
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.

Analyst Ratings

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: $23.17 (0.57% downside)

Analysts' Ratings History for ADTRAN (NASDAQ:ADTN)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
7/22/2017Cowen and CompanyReiterated RatingMarket Perform$16.00 -> $18.00N/AView Rating Details
7/21/2017Northland SecuritiesReiterated RatingBuyLowView Rating Details
7/20/2017Needham & Company LLCBoost Price TargetBuy -> Buy$24.00 -> $25.00HighView Rating Details
4/24/2017MKM PartnersReiterated RatingBuy$27.50 -> $26.50LowView Rating Details
4/20/2017ArgusUpgradeHold -> Buy$25.00LowView Rating Details
1/19/2017Jefferies Group LLCBoost Price TargetHold$17.50 -> $20.50N/AView Rating Details
4/18/2016Goldman Sachs Group, Inc. (The)DowngradeNeutral -> Sell$18.00 -> $17.00N/AView Rating Details
4/14/2016Stifel NicolausBoost Price TargetBuy$21.00 -> $25.00N/AView Rating Details
1/15/2016Drexel HamiltonUpgradeHold -> Buy$22.00N/AView Rating Details
12/17/2015J P Morgan Chase & CoUpgradeNeutral -> Overweight$22.50N/AView Rating Details
(Data available from 7/22/2015 forward)


Earnings History for ADTRAN (NASDAQ:ADTN)
Earnings by Quarter for ADTRAN (NASDAQ:ADTN)
Earnings History by Quarter for ADTRAN (NASDAQ ADTN)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/16/2017$0.24N/AView Earnings Details
7/18/20176/30/2017$0.19$0.30$183.05 million$184.67 millionViewN/AView Earnings Details
4/18/20173/31/2017$0.12$0.18$167.87 million$170.28 millionViewN/AView Earnings Details
1/17/2017Q416$0.11$0.21$152.03 million$162.99 millionViewListenView Earnings Details
10/18/2016Q316$0.21$0.26$162.41 million$168.89 millionViewListenView Earnings Details
10/13/2015Q315$0.14$0.16$160.66 million$158.08 millionViewListenView Earnings Details
7/14/2015Q215$0.07$0.08$157.77 million$160.14 millionViewListenView Earnings Details
4/21/2015Q115$0.08$0.07$149.96 million$142.84 millionViewListenView Earnings Details
1/20/2015Q414$0.07$0.15$141.62 million$143.98 millionViewN/AView Earnings Details
10/14/2014Q314$0.20$0.22$168.53 million$162.89 millionViewListenView Earnings Details
7/15/2014Q214$0.25$0.27$175.68 million$176.10 millionViewListenView Earnings Details
4/15/2014Q114$0.16$0.18$149.36 million$147.00 millionViewListenView Earnings Details
1/22/2014Q413$0.14$0.25$159.36 million$159.10 millionViewListenView Earnings Details
10/9/2013Q313$0.22$0.28$175.10 million$177.40 millionViewListenView Earnings Details
7/9/2013Q2 2013$0.16$0.17$154.16 million$162.23 millionViewListenView Earnings Details
1/15/2013Q4 2012$0.06$0.11$139.79 million$139.76 millionViewListenView Earnings Details
4/13/2011$0.46$0.52ViewN/AView Earnings Details
(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
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171$0.12$0.12$0.12
Q2 20171$0.24$0.24$0.24
Q3 20171$0.26$0.26$0.26
Q4 20171$0.16$0.16$0.16
Q1 20181$0.15$0.15$0.15
Q2 20181$0.28$0.28$0.28
Q3 20181$0.28$0.28$0.28
Q4 20181$0.21$0.21$0.21
(Data provided by Zacks Investment Research)


Current Dividend Information for ADTRAN (NASDAQ:ADTN)
Next Dividend:8/17/2017
Annual Dividend:$0.36
Dividend Yield:1.55%
Payout Ratio:43.90% (Trailing 12 Months of Earnings)
51.43% (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)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for ADTRAN (NASDAQ:ADTN)
Insider Ownership Percentage: 2.96%
Institutional Ownership Percentage: 91.50%
Insider Trades by Quarter for ADTRAN (NASDAQ:ADTN)
Institutional Ownership by Quarter for ADTRAN (NASDAQ:ADTN)
Insider Trades by Quarter for ADTRAN (NASDAQ:ADTN)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
4/28/2015Thomas R StantonCEOBuy31,200$16.05$500,760.00View SEC Filing  
4/24/2015James E MatthewsDirectorSell23,000$16.03$368,690.00View SEC Filing  
8/29/2014Kevin P HeeringSVPSell5,650$23.10$130,515.00View SEC Filing  
7/21/2014Robert A FredricksonVPSell2,577$22.07$56,874.39View SEC Filing  
7/16/2013Robert A FredricksonVPSell3,750$25.35$95,062.50View SEC Filing  
(Data available from 1/1/2013 forward)


Headline Trends for ADTRAN (NASDAQ:ADTN)
Latest Headlines for ADTRAN (NASDAQ:ADTN)
DateHeadline logoADTRAN, Inc. (NASDAQ:ADTN) Rating Reiterated by Cowen and Company - July 22 at 2:08 PM logoADTRAN, Inc. (ADTN) Earns Buy Rating from Northland Securities - July 21 at 6:42 PM logoADTRAN, Inc. to Post Q1 2018 Earnings of $0.15 Per Share, Jefferies Group Forecasts (NASDAQ:ADTN) - July 21 at 2:26 PM logoADTRAN, Inc. (ADTN) Upgraded at Zacks Investment Research - July 21 at 10:06 AM logoGigabit Britain Moves Closer to a Reality as Call Flow Deploys ADTRAN-Powered 10Gbps FTTH Infrastructure - July 20 at 3:48 PM logoADTRAN, Inc. (ADTN) in Focus: Stock Moves 7.3% Higher - July 20 at 3:48 PM logoNeedham & Company LLC Boosts ADTRAN, Inc. (ADTN) Price Target to $25.00 - July 20 at 8:43 AM logoEdited Transcript of ADTN earnings conference call or presentation 19-Jul-17 2:30pm GMT - July 20 at 3:00 AM logoADTRAN, Inc. (ADTN) Issues Earnings Results - July 20 at 12:58 AM logoAdtran tops Street 2Q forecasts - July 19 at 4:12 PM logoAdtran +9.3% after record revenue drives Q2 beat - July 19 at 10:56 AM logoADTRAN, Inc. (NASDAQ:ADTN) Plans $0.09 Quarterly Dividend - July 18 at 10:44 PM logoADTRAN, Inc. Reports Record Results for the Second Quarter 2017 and Declares Quarterly Cash Dividend - July 18 at 9:12 PM logonbn and ADTRAN Ink Contract to Advance Broadband Access in Australia - July 18 at 4:11 PM logoADTRAN and Deutsche Telekom Look to Ultra Broadband Evolution to Advance the Gigabit Society - July 18 at 4:11 PM logoADTRAN, Inc. (NASDAQ:ADTN) Receives Average Recommendation of "Buy" from Analysts - July 18 at 3:11 PM logoADTRAN, Inc. (ADTN) Scheduled to Post Earnings on Tuesday - July 14 at 7:10 AM logoADTRAN, Inc. – Value Analysis (NASDAQ:ADTN) : July 10, 2017 - July 10 at 8:44 PM logoADTRAN, Inc. breached its 50 day moving average in a Bearish Manner : ADTN-US : July 7, 2017 - July 7 at 5:14 PM logoADTRAN's (ADTN) Buy Rating Reaffirmed at Northland Securities - July 4 at 8:42 AM logoADTRAN, Inc. (ADTN) Sees Significant Drop in Short Interest - July 1 at 7:04 AM logoZacks: Brokerages Anticipate ADTRAN, Inc. (ADTN) Will Post Quarterly Sales of $183.05 Million - June 30 at 11:56 AM logoADTRAN, Inc. to Release Second Quarter Earnings on July 18, 2017 - June 29 at 4:07 PM logoZacks: Analysts Expect ADTRAN, Inc. (ADTN) Will Post Earnings of $0.22 Per Share - June 28 at 10:08 PM logoADTRAN, Inc. (ADTN) Given Consensus Rating of "Buy" by Analysts - June 23 at 12:37 PM logoADTRAN, Inc. breached its 50 day moving average in a Bearish Manner : ADTN-US : June 22, 2017 - June 22 at 12:41 PM logoHead to Head Contrast: Westell Technologies (WSTL) & ADTRAN (ADTN) - June 6 at 2:07 PM logoNumerex Corp. (NMRX) versus ADTRAN (ADTN) Head-To-Head Survey - June 4 at 6:12 PM logoADTRAN, Inc. (ADTN) Expected to Post Quarterly Sales of $183.05 Million - June 4 at 7:52 AM logo$0.22 Earnings Per Share Expected for ADTRAN, Inc. (ADTN) This Quarter - June 2 at 6:22 PM logoADTRAN, Inc. breached its 50 day moving average in a Bullish Manner : ADTN-US : June 2, 2017 - June 2 at 4:13 PM logoAdtran Shares Cross Above 200 DMA - June 2 at 1:32 AM logoADTRAN RFoG Beats OBI Without Cabinets - May 30 at 10:06 AM logoADTRAN, Inc. (ADTN) Receives Consensus Recommendation of "Buy" from Analysts - May 29 at 12:47 PM logoADTRAN Wins 2017 Leading Lights Award for Most Innovative SDN/SD-WAN Product Strategy - May 17 at 12:40 PM logoADTRAN, Inc. (ADTN) Appoints Gregory McCray to the Board - May 11 at 3:33 PM logoADTRAN Appoints Gregory McCray, CEO of Access, to Board of Directors - May 11 at 3:33 PM logoADTRAN Advances Gigabit Society with Latest Innovations - May 10 at 9:32 AM logoETFs with exposure to ADTRAN, Inc. : May 9, 2017 - May 9 at 8:22 PM logoADTRAN, Inc. to Present at the 45th Annual J.P. Morgan Global Technology, Media and Telecom Conference on May 24, 2017 - May 9 at 8:22 PM logoZacks: Analysts Expect ADTRAN, Inc. (ADTN) Will Announce Earnings of $0.20 Per Share - May 9 at 8:22 AM logoADTRAN, Inc. :ADTN-US: Earnings Analysis: Q1, 2017 By the Numbers : May 8, 2017 - May 8 at 3:19 PM logoADTRAN, Inc. (ADTN) Given Average Recommendation of "Buy" by Brokerages - May 2 at 11:56 AM logoSomewhat Favorable Media Coverage Extremely Likely to Affect ADTRAN (ADTN) Share Price - May 2 at 10:10 AM logoADTRAN (ADTN) Receiving Favorable Press Coverage, Study Shows - April 29 at 10:20 AM logoAdtran Stock Trades Ex-Dividend Tuesday - April 27 at 3:38 PM logoADTRAN (ADTN) Receives Media Impact Score of 0.02 - April 26 at 12:50 PM logoADTRAN, Inc. (ADTN) Receives Buy Rating from MKM Partners - April 24 at 8:25 PM logoSomewhat Critical Media Coverage Very Likely to Impact ADTRAN (ADTN) Stock Price - April 23 at 7:44 AM logoQ2 2017 Earnings Forecast for ADTRAN, Inc. Issued By Jefferies Group (ADTN) - April 21 at 10:35 AM



ADTRAN (ADTN) Chart for Saturday, July, 22, 2017

This page was last updated on 7/22/2017 by Staff