ADTRAN Company Profile (NASDAQ:ADTN)

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

ADTRAN declared a quarterly dividend on Tuesday, July 18th. Shareholders of record on Thursday, August 3rd will be given a dividend of $0.09 per share on Thursday, August 17th. This represents a $0.36 annualized dividend and a yield of 1.59%. The ex-dividend date is Tuesday, August 1st. View ADTRAN's Dividend History.

ADTRAN, Inc. (NASDAQ:ADTN) released its quarterly earnings results on Tuesday, July, 18th. The company reported $0.30 earnings per share for the quarter, beating the consensus estimate of $0.19 by $0.11. The business earned $184.67 million during the quarter, compared to analyst estimates of $183.05 million. ADTRAN had a net margin of 6.72% and a return on equity of 10.30%. During the same period in the prior year, the firm posted $0.21 earnings per share. View ADTRAN's Earnings History.

ADTRAN is scheduled to release their next quarterly earnings announcement on Monday, October, 16th 2017. View Earnings Estimates for ADTRAN.

6 analysts have issued 1-year target prices for ADTRAN's stock. Their forecasts range from $18.00 to $28.00. On average, they anticipate ADTRAN's share price to reach $24.00 in the next twelve months. View Analyst Ratings for ADTRAN.

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. The company has an impressive earnings history having surpassed estimates in each of the last four quarters. ADTRAN’s efforts to reward shareholders also raise optimism. The company 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 is currently facing considerable volatility in its business owing to irregular capital spending by telecom carriers. Moreover, the company remains exposed to foreign currency related headwinds. Continuous increase in costs is concerning and have the potential to hurt results going forward." (9/19/2017)
• 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)

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

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 many different of institutional and retail 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.

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.

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.

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 $22.65.