NASDAQ:ADTNADTRAN Stock Price, Forecast & News

ADTRAN's stock was trading at $6.84 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, ADTN stock has increased by 81.4% and is now trading at $12.41.
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4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for ADTRAN in the last year. There are currently 1 hold rating and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
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ADTRAN is scheduled to release its next quarterly earnings announcement on Wednesday, November 4th 2020.
View our earnings forecast for ADTRAN.

ADTRAN, Inc. (NASDAQ:ADTN) posted its quarterly earnings data on Wednesday, August, 5th. The communications equipment provider reported $0.04 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.01 by $0.03. ADTRAN had a negative return on equity of 1.74% and a negative net margin of 12.72%.
View ADTRAN's earnings history.

ADTRAN announced a quarterly dividend on Wednesday, August 5th. Investors of record on Thursday, August 20th will be paid a dividend of $0.09 per share on Thursday, September 3rd. This represents a $0.36 annualized dividend and a yield of 2.90%. The ex-dividend date is Wednesday, August 19th.
View ADTRAN's dividend history.

4 brokers have issued 12 month target prices for ADTRAN's stock. Their forecasts range from $10.50 to $16.00. On average, they expect ADTRAN's share price to reach $13.17 in the next year. This suggests a possible upside of 6.1% from the stock's current price.
View analysts' price targets for ADTRAN.

News coverage about ADTN stock has trended positive recently, according to InfoTrie Sentiment Analysis. InfoTrie scores the sentiment of media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. ADTRAN earned a coverage optimism score of 2.1 on InfoTrie's scale. They also assigned news headlines about the communications equipment provider a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the near future.
View the latest news about ADTRAN.

ADTRAN saw a decrease in short interest in June. As of June 30th, there was short interest totaling 857,200 shares, a decrease of 8.2% from the June 15th total of 934,000 shares. Based on an average daily volume of 413,100 shares, the short-interest ratio is currently 2.1 days. Currently, 1.8% of the company's shares are sold short.
View ADTRAN's Current Options Chain.

Some companies that are related to ADTRAN include Cisco Systems (CSCO), QUALCOMM (QCOM), Palo Alto Networks (PANW), Motorola Solutions (MSI), Ciena (CIEN), Juniper Networks (JNPR), F5 Networks (FFIV), Echostar (SATS), ViaSat (VSAT), InterDigital Wireless (IDCC), Infinera (INFN), Calix (CALX), NetGear (NTGR), Plantronics (PLT) and Ribbon Communications (RBBN).
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Based on aggregate information from My MarketBeat watchlists, some companies that other ADTRAN investors own include Intelsat (I), Bank of America (BAC), Fossil Group (FOSL), AMC Entertainment (AMC), Ciena (CIEN), Associated British Foods (ABF), Apollo Global Management (APO), Chaarat Gold (CGH), Cypress Semiconductor (CY) and First Data (FDC).

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

ADTRAN's stock is owned by many different institutional and retail investors. Top institutional shareholders include Victory Capital Management Inc. (6.95%), Kornitzer Capital Management Inc. KS (1.47%), Horrell Capital Management Inc. (0.90%), Principal Financial Group Inc. (0.75%), Russell Investments Group Ltd. (0.36%) and Swiss National Bank (0.23%). 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 Assenagon Asset Management S.A., Horrell Capital Management Inc., WINTON GROUP Ltd, Dupont Capital Management Corp, Principal Financial Group Inc., Texas Permanent School Fund, and Cornerstone Investment Partners LLC.
View insider buying and selling activity for ADTRAN.

ADTN stock was bought by a variety of institutional investors in the last quarter, including Kornitzer Capital Management Inc. KS, Victory Capital Management Inc., UBS Group AG, SG Americas Securities LLC, Swiss National Bank, Russell Investments Group Ltd., Trexquant Investment LP, and First Quadrant L P CA. 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 activity 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 $12.41.

ADTRAN has a market capitalization of $595.18 million and generates $530.06 million in revenue each year. The communications equipment provider earns $-52,980,000.00 in net income (profit) each year or ($0.01) on an earnings per share basis. ADTRAN employs 1,790 workers across the globe.

The official website for ADTRAN is 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]