NASDAQ:ADTN - ADTRAN Stock Price, News & Analysis

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

ADTRAN announced a quarterly dividend on Wednesday, July 17th. Shareholders of record on Thursday, August 1st will be paid a dividend of $0.09 per share on Thursday, August 15th. This represents a $0.36 dividend on an annualized basis and a yield of 3.36%. The ex-dividend date is Wednesday, July 31st. View ADTRAN's Dividend History.

ADTRAN, Inc. (NASDAQ:ADTN) issued its quarterly earnings data on Wednesday, April, 17th. The communications equipment provider reported $0.10 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of ($0.09) by $0.19. The communications equipment provider earned $143.79 million during the quarter, compared to analyst estimates of $140.55 million. ADTRAN had a net margin of 0.85% and a return on equity of 2.34%. View ADTRAN's Earnings History.

ADTRAN is scheduled to release their next quarterly earnings announcement on Tuesday, October 15th 2019. View Earnings Estimates for ADTRAN.

5 equities research analysts have issued 12-month target prices for ADTRAN's shares. Their forecasts range from $17.00 to $24.00. On average, they expect ADTRAN's share price to reach $18.75 in the next year. This suggests a possible upside of 74.9% from the stock's current price. View Analyst Price Targets for ADTRAN.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for ADTRAN in the last year. There are currently 3 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for ADTRAN.

Media stories about ADTN stock have been trending positive recently, InfoTrie reports. The research group identifies negative and positive press 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 positive five, with scores nearest to five being the most favorable. ADTRAN earned a media sentiment score of 2.5 on InfoTrie's scale. They also assigned news coverage about the communications equipment provider a news buzz of 6.0 out of 10, indicating that recent press coverage is somewhat likely to have an impact on the company's share price in the next several days. View News Stories for ADTRAN.

ADTRAN saw a decline in short interest in the month of July. As of July 31st, there was short interest totalling 475,700 shares, a decline of 46.6% from the June 30th total of 890,000 shares. Based on an average daily trading volume, of 405,100 shares, the short-interest ratio is currently 1.2 days. Approximately 1.0% of the shares of the company are sold short. View ADTRAN's Current Options Chain.

Some companies that are related to ADTRAN include Fabrinet (FN), Avaya (AVYA), Plantronics (PLT), NetGear (NTGR), Infinera (INFN), AudioCodes (AUDC), DASAN Zhone Solutions (DZSI), Akoustis Technologies (AKTS), Sonim Technologies (SONM), Clearfield (CLFD), Communications Systems (JCS), Clearone (CLRO), Franklin Wireless (FKWL), AltiGen Communications (ATGN) and Westell Technologies (WSTL).

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

ADTRAN's stock is owned by a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (15.44%), Vanguard Group Inc. (10.69%), Victory Capital Management Inc. (6.36%), Renaissance Technologies LLC (4.74%), Northern Trust Corp (2.11%) and Bank of New York Mellon Corp (1.76%). Company insiders that own ADTRAN stock include James Denson Wilson Jr, Kevin P Heering, Raymond R Schansman 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 Vanguard Group Inc., JPMorgan Chase & Co., Victory Capital Management Inc., Heartland Advisors Inc., A.R.T. Advisors LLC, AQR Capital Management LLC, Charles Schwab Investment Management Inc. and BBT Capital Management LLC. Company insiders that have sold ADTRAN company stock in the last year include James Denson Wilson Jr and Roger D Shannon. View Insider Buying and Selling for ADTRAN.

ADTN stock was purchased by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Renaissance Technologies LLC, D. E. Shaw & Co. Inc., Chicago Equity Partners LLC, BlackRock Inc., Acadian Asset Management LLC, Invesco Ltd. and Grantham Mayo Van Otterloo & Co. LLC. 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, Scottrade, Fidelity and Charles Schwab.

One share of ADTN stock can currently be purchased for approximately $10.72.

ADTRAN has a market capitalization of $512.51 million and generates $529.28 million in revenue each year. The communications equipment provider earns $-19,340,000.00 in net income (profit) each year or ($0.47) 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]