Chunghwa Telecom - CHT Stock Forecast, Price & News

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Chunghwa Telecom in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" CHT shares.
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Chunghwa Telecom's stock was trading at $36.59 at the beginning of 2023. Since then, CHT stock has increased by 2.6% and is now trading at $37.55.
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Chunghwa Telecom saw a increase in short interest in December. As of December 30th, there was short interest totaling 740,900 shares, an increase of 29.3% from the December 15th total of 573,100 shares. Based on an average trading volume of 218,700 shares, the short-interest ratio is presently 3.4 days. Currently, 0.1% of the company's stock are sold short.
View Chunghwa Telecom's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 2nd 2023.
View our CHT earnings forecast.

Chunghwa Telecom Co., Ltd. (NYSE:CHT) issued its quarterly earnings results on Monday, November, 1st. The utilities provider reported $0.43 EPS for the quarter, beating analysts' consensus estimates of $0.35 by $0.08. The utilities provider had revenue of $1.83 billion for the quarter. Chunghwa Telecom had a trailing twelve-month return on equity of 9.45% and a net margin of 16.85%.

Chunghwa Telecom declared an annual dividend on Wednesday, June 1st. Shareholders of record on Thursday, June 30th will be given a dividend of $1.5457 per share on Friday, August 12th. This represents a dividend yield of 5.7%. The ex-dividend date of this dividend is Wednesday, June 29th.
Read our dividend analysis for CHT.

Chunghwa Telecom (NYSE:CHT) pays an annual dividend of $1.19 per share and currently has a dividend yield of 3.17%. The dividend payout ratio is 73.01%. This payout ratio is at a healthy, sustainable level, below 75%. Based on EPS estimates, CHT will have a dividend payout ratio of 793.33% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for CHT.

Chunghwa Telecom issued an update on its FY 2023 earnings guidance on Tuesday, January, 31st. The company provided earnings per share (EPS) guidance of $0.14-$0.15 for the period. The company issued revenue guidance of $7.06 billion-$7.11 billion.

7 employees have rated Chunghwa Telecom Chief Executive Officer Rick L. Tsai on Glassdoor.com. Rick L. Tsai has an approval rating of 89% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Chunghwa Telecom investors own include Energy Transfer (ET), CBL & Associates Properties (CBL), Cornerstone Total Return Fund (CRF), Martin Midstream Partners (MMLP), SandRidge Permian Trust (PER), Cornerstone Strategic Value Fund (CLM), NGL Energy Partners (NGL), SunCoke Energy Partners (SXCP), AT&T (T) and C3.ai (AI).

Chunghwa Telecom trades on the New York Stock Exchange (NYSE) under the ticker symbol "CHT."

Chunghwa Telecom's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include State of New Jersey Common Pension Fund D (0.00%), Natixis Advisors L.P. (0.01%), Veriti Management LLC (0.01%), Crossmark Global Holdings Inc. (0.01%), Summit Global Investments (0.00%) and Nisa Investment Advisors LLC (0.00%).

Shares of CHT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of CHT stock can currently be purchased for approximately $37.55.

The company employs 31,812 workers across the globe.

Chunghwa Telecom's mailing address is 21-3 Hsinyi Road Section 1, Taipei F5, . The official website for the company is www.cht.com.tw. The utilities provider can be reached via phone at 886223941845, via email at chtir@cht.com, or via fax at 886-2-3393-8188.