About AT&T (NYSE:T)
AT&T Inc. is a holding company. The Company is a provider of communications and digital entertainment services in the United States and the world. The Company operates through four segments: Business Solutions, Entertainment Group, Consumer Mobility and International. The Company offers its services and products to consumers in the United States, Mexico and Latin America and to businesses and other providers of telecommunications services worldwide. It also owns and operates three regional TV sports networks, and retains non-controlling interests in another regional sports network and a network dedicated to game-related programming, as well as Internet interactive game playing. Its services and products include wireless communications, data/broadband and Internet services, digital video services, local and long-distance telephone services, telecommunications equipment, managed networking, and wholesale services. Its subsidiaries include AT&T Mobility and SKY Brasil Servicos Ltda.
Industry, Sector and Symbol:
- Sector: Computer and Technology
- Industry: Wireless Telecommunications Services
- Sub-Industry: Integrated Telecommunication Services
- Symbol: NYSE:T
- CUSIP: 00206R10
- Web: www.att.com
- Market Cap: $219.13659 billion
- Outstanding Shares: 6,140,000,000
- 50 Day Moving Avg: $37.49
- 200 Day Moving Avg: $38.19
- 52 Week Range: $35.10 - $43.03
Sales & Book Value:
- Trailing P/E Ratio: 16.70
- Foreward P/E Ratio: 11.77
- P/E Growth: 1.84
- Annual Revenue: $161.93 billion
- Price / Sales: 1.35
- Book Value: $20.31 per share
- Price / Book: 1.75
- Annual Dividend: $1.96
- Dividend Yield: 5.5%
- EBITDA: $49.37 billion
- Net Margins: 8.12%
- Return on Equity: 14.53%
- Return on Assets: 4.43%
- Debt-to-Equity Ratio: 1.06%
- Current Ratio: 1.12%
- Quick Ratio: 1.12%
- Average Volume: 26.03 million shs.
- Beta: 0.49
- Short Ratio: 7.45
Frequently Asked Questions for AT&T (NYSE:T)
What is AT&T's stock symbol?
AT&T trades on the New York Stock Exchange (NYSE) under the ticker symbol "T."
How often does AT&T pay dividends? What is the dividend yield for AT&T?
AT&T declared a quarterly dividend on Friday, September 29th. Stockholders of record on Tuesday, October 10th will be given a dividend of $0.49 per share on Wednesday, November 1st. This represents a $1.96 annualized dividend and a dividend yield of 5.51%. The ex-dividend date of this dividend is Friday, October 6th. View AT&T's Dividend History.
How were AT&T's earnings last quarter?
AT&T Inc. (NYSE:T) announced its quarterly earnings results on Tuesday, July, 25th. The company reported $0.79 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.74 by $0.05. The business earned $39.84 billion during the quarter, compared to the consensus estimate of $39.84 billion. AT&T had a net margin of 8.12% and a return on equity of 14.53%. The company's quarterly revenue was down 1.6% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.72 EPS. View AT&T's Earnings History.
When will AT&T make its next earnings announcement?
Where is AT&T's stock going? Where will AT&T's stock price be in 2017?
26 equities research analysts have issued 1 year target prices for AT&T's stock. Their predictions range from $39.00 to $55.00. On average, they expect AT&T's stock price to reach $44.00 in the next twelve months. View Analyst Ratings for AT&T.
What are analysts saying about AT&T stock?
Here are some recent quotes from research analysts about AT&T stock:
- 1. According to Zacks Investment Research, "AT&T is planning to spread its 5G technology trials to three new cities - Waco, Kalamazoo, South Bend by 2017 end. Deployment of G. fast based services complements its high-speed broadband services. AT&T’s NetBond is gearing up to offer multiple cloud-to-cloud connections. The company is targeting customers by offering a combo of wireless and video services. Meanwhile, AT&T is reportedly exploring a strategic option to sell a major part of its Latin American pay-TV operations. AT&T has unveiled its own Android tablet, Primetime. The AT&T-Time Warner pending deal awaits nod from Brazil and United States. However, AT&T operates in a competitive and saturated wireless U.S. market. Losses in access lines, operating expenses, marketing costs associated with attractive discounts, regulatory norms and union issues are other major risks. Over the past three months, the stock grew 5.5% as against the industry's 6.2% gain." (10/12/2017)
- 2. Macquarie analysts commented, "We expect this trend will accelerate given its efforts to integrate DirecTV, promos including HBO GO and a US$25 bundling credit, and simplified plans coming soon. Total linear video net adds came in at -233k (excluding DirecTV Now)." (4/26/2017)
- 3. FBR & Co analysts commented, "T reported largely mixed 4Q16 results, with both top-line and adjusted EBITDA misses driven by fewer upgrades and continued legacy service weakness. Lower depreciation expenses helped lift adjusted EPS to $0.66. Strong international and entertainment revenues were key to offsetting ongoing weakness in consumer mobility and an anemic business solutions segment, which continues to be handicapped by weak legacy service demand. Promotional pricing of DIRECTV NOW, with zero-rating, saw strong initial adoption, helping to offset churn from the 2G network shutdown. With Ajit Pai recently named as chairman of the FCC, net neutrality is likely to be overturned; and zero-rating will likely be endorsed, paving the way for T’s bundling strategy. Potential tax and regulatory reform should help the telcos attack cable’s historic advantage through a fiber-lead investment uptick amid consolidation." (1/26/2017)
Are investors shorting AT&T?
AT&T saw a increase in short interest during the month of September. As of September 29th, there was short interest totalling 191,834,121 shares, an increase of 2.7% from the September 15th total of 186,733,200 shares. Based on an average trading volume of 26,704,115 shares, the short-interest ratio is currently 7.2 days. Approximately 3.1% of the company's shares are short sold.
Who are some of AT&T's key competitors?
Some companies that are related to AT&T include China Mobile (Hong Kong) (CHL), NTT DOCOMO (DCM), Vodafone Group PLC (VOD), America Movil, S.A.B. de C.V. (AMX), America Movil SAB de CV (AMOV), Vodafone Group plc (VOD), China Telecom Corp Ltd (CHA), China Unicom (Hong Kong) Ltd (CHU), Sprint Corporation (S), Rogers Communication (RCI), SK Telecom Co. (SKM), Mobile TeleSystems OJSC (MBT), TIM Participacoes SA (TSU), Telephone and Data Systems (TDS), United States Cellular Corporation (USM), Straight Path Communications (STRP), Cellcom Israel (CEL) and Gogo (GOGO).
Who are AT&T's key executives?
AT&T's management team includes the folowing people:
- Randall L. Stephenson, Chairman of the Board, President, Chief Executive Officer
- John Joseph Stephens, Chief Financial Officer, Senior Executive Vice President
- F. Thaddeus Arroyo, Chief Executive Officer - Business Solutions and International
- John M. Donovan, Chief Strategy Officer and Group President – AT&T Technology and Operations
- John T. Stankey, Chief Executive Officer-AT&T Entertainment Group, AT&T Services, Inc.
- David S. Huntley, Senior Executive Vice President, Chief Compliance Officer
- David R. McAtee II, Senior Executive Vice President, General Counsel
- William A. Blase Jr., Senior Executive Vice President - Human Resources
- Lori M. Lee, Senior Executive Vice President and Global Marketing Officer
- Robert W. Quinn Jr., Senior Executive Vice President – External and Legislative Affairs, AT&T Services, Inc.
Who owns AT&T stock?
AT&T's stock is owned by a variety of of institutional and retail investors. Top institutional investors include APG Asset Management N.V. (0.28%), PGGM Investments (0.15%), Robeco Institutional Asset Management B.V. (0.10%), State Treasurer State of Michigan (0.04%), Shell Asset Management Co. (0.03%) and Sabal Trust CO (0.01%). Company insiders that own AT&T stock include Geoffrey Y Yang and John T Stankey. View Institutional Ownership Trends for AT&T.
Who sold AT&T stock? Who is selling AT&T stock?
AT&T's stock was sold by a variety of institutional investors in the last quarter, including State Treasurer State of Michigan, Private Asset Management Inc., Meeder Asset Management Inc., Wealth Enhancement Advisory Services LLC, Oakbrook Investments LLC, Bridges Investment Counsel Inc., Winslow Evans & Crocker Inc. and Narwhal Capital Management. View Insider Buying and Selling for AT&T.
Who bought AT&T stock? Who is buying AT&T stock?
AT&T's stock was purchased by a variety of institutional investors in the last quarter, including Shell Asset Management Co., Robeco Institutional Asset Management B.V., PGGM Investments, Sabal Trust CO, Adams Asset Advisors LLC, APG Asset Management N.V., Stokes & Hubbell Capital Management LLC and Summit X LLC. View Insider Buying and Selling for AT&T.
How do I buy AT&T stock?
Shares of AT&T 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 AT&T's stock price today?
MarketBeat Community Rating for AT&T (NYSE T)MarketBeat's community ratings are surveys of what our community members think about AT&T 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.
One share of AT&T stock can currently be purchased for approximately $35.54.
Consensus Ratings for AT&T (NYSE:T) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||17 Hold Ratings, 9 Buy Ratings|
|Consensus Rating:||Hold (Score: 2.35)|
|Consensus Price Target: ||$44.00 (23.80% upside)|Consensus Price Target History for AT&T (NYSE:T)
Analysts' Ratings History for AT&T (NYSE:T)
(Data available from 10/21/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|10/16/2017||Moffett Nathanson||Reiterated Rating||Neutral||N/A|
|9/27/2017||Morgan Stanley||Boost Price Target||Equal Weight||$46.00 -> $48.00||Low|
|9/21/2017||Robert W. Baird||Reiterated Rating||Outperform||$43.00||Low|
|8/24/2017||Jefferies Group LLC||Reiterated Rating||Buy||$48.00||Low|
|7/26/2017||Cowen and Company||Reiterated Rating||Market Perform||$43.00 -> $41.00||Low|
|7/14/2017||Barclays PLC||Lower Price Target||Equal Weight -> Equal Weight||$41.00 -> $39.00||Low|
|7/13/2017||Bank of America Corporation||Downgrade||Buy -> Neutral||$46.00 -> $39.00||Medium|
|7/9/2017||Royal Bank Of Canada||Reiterated Rating||Hold||$42.00||Low|
|6/28/2017||Wells Fargo & Company||Reiterated Rating||Outperform||Low|
|6/28/2017||Goldman Sachs Group Inc||Reiterated Rating||Neutral||Low|
|6/2/2017||Drexel Hamilton||Reiterated Rating||Hold||Low|
|5/9/2017||Tigress Financial||Upgrade||Underperform -> Neutral||Low|
|4/29/2017||Deutsche Bank AG||Reiterated Rating||Hold||$42.00 -> $41.00||Low|
|4/18/2017||SunTrust Banks, Inc.||Initiated Coverage||Hold||$40.00||Low|
|4/2/2017||Instinet||Reiterated Rating||Buy||$46.00 -> $45.00||Low|
|1/30/2017||Evercore ISI||Initiated Coverage||Hold||$44.00||N/A|
|1/28/2017||William Blair||Reiterated Rating||Market Perform||N/A|
|1/26/2017||FBR & Co||Boost Price Target||Neutral -> Mkt Perform||$42.00 -> $44.00||N/A|
|1/12/2017||BTIG Research||Reiterated Rating||Neutral||N/A|
|11/8/2016||Oppenheimer Holdings, Inc.||Reiterated Rating||Outperform -> Market Perform||N/A|
|11/7/2016||Credit Suisse Group||Reiterated Rating||Buy||$47.00||N/A|
|10/26/2016||Independent Research GmbH||Upgrade||Sell -> Hold||$36.00 -> $39.00||N/A|
|10/24/2016||Citigroup Inc.||Reiterated Rating||Buy||$55.00||N/A|
|9/26/2016||HSBC Holdings plc||Upgrade||Reduce -> Hold||$38.00||N/A|
|9/7/2016||Pacific Crest||Reiterated Rating||Hold||N/A|
|7/24/2016||S&P Equity Research||Set Price Target||Buy||$46.00||N/A|
|6/24/2016||Buckingham Research||Downgrade||Buy -> Neutral||$30.97 -> $39.56||N/A|
|5/17/2016||DA Davidson||Boost Price Target||Hold -> Buy||$42.00 -> $44.00||N/A|
|4/1/2016||Hanson||Downgrade||Neutral -> Sell||$35.00||N/A|
|12/3/2015||J P Morgan Chase & Co||Reiterated Rating||Neutral||$34.00 -> $32.00||N/A|
Earnings History for AT&T (NYSE:T)Earnings History by Quarter for AT&T (NYSE T)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|7/25/2017||Q2 2017||$0.74||$0.79||$39.84 billion||$39.84 billion||View||N/A|
|4/25/2017||Q1 2017||$0.74||$0.74||$40.50 billion||$39.40 billion||View||N/A|
|1/25/2017||Q416||$0.66||$0.66||$42.14 billion||$41.80 billion||View||Listen|
|7/21/2016||Q216||$0.72||$0.72||$40.75 billion||$40.50 billion||View||Listen|
|4/26/2016||Q116||$0.69||$0.72||$41.10 billion||$40.50 billion||View||Listen|
|1/26/2016||Q415||$0.63||$0.63||$42.77 billion||$42.10 billion||View||Listen|
|10/22/2015||Q315||$0.69||$0.74||$41.08 billion||$39.10 billion||View||Listen|
|7/23/2015||Q215||$0.63||$0.69||$33.04 billion||$33.00 billion||View||Listen|
|4/22/2015||Q115||$0.64||$0.63||$32.88 billion||$32.58 billion||View||Listen|
|1/27/2015||Q414||$0.58||$0.55||$34.33 billion||$34.40 billion||View||Listen|
|10/22/2014||Q314||$0.64||$0.63||$33.30 billion||$33.00 billion||View||Listen|
|7/23/2014||Q214||$0.65||$0.62||$33.41 billion||$32.60 billion||View||N/A|
|4/22/2014||Q114||$0.69||$0.71||$32.36 million||$32.50 billion||View||Listen|
|1/28/2014||Q413||$0.50||$0.53||$33.06 billion||$33.16 billion||View||Listen|
|10/23/2013||Q313||$0.66||$0.66||$32.16 billion||$32.16 billion||View||Listen|
|7/23/2013||Q2 2013||$0.68||$0.67||$31.81 billion||$32.10 billion||View||Listen|
|4/23/2013||Q1 2013||$0.64||$0.64||$31.74 billion||$31.36 billion||View||Listen|
|1/24/2013||Q4 2012||$0.46||$0.44||$32.21 billion||$32.58 billion||View||Listen|
Earnings Estimates for AT&T (NYSE:T)
2017 EPS Consensus Estimate: $2.94
2018 EPS Consensus Estimate: $3.14
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for AT&T (NYSE:T)
|Dividend Growth:||2.20% (3 Year Average)|
|Payout Ratio:||92.45% (Trailing 12 Months of Earnings) |
66.44% (Based on This Year's Estimates)
64.90% (Based on Next Year's Estimates)
|Track Record:||32 Years of Consecutive Dividend Growth|
Dividend History by Quarter for AT&T (NYSE T)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for AT&T (NYSE:T)
Insider Ownership Percentage: 0.09%Insider Trades by Quarter for AT&T (NYSE:T)
Institutional Ownership Percentage: 54.97%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|10/25/2016||Geoffrey Y Yang||Director||Buy||27,129||$36.91||$1,001,331.39|| |
|7/22/2016||John T Stankey||CEO||Sell||2,131||$43.38||$92,442.78|| |
|8/24/2015||Michael B Mccallister||Director||Buy||10,000||$32.93||$329,300.00|| |
|2/6/2015||Michael B Mccallister||Director||Buy||6,000||$34.98||$209,880.00|| |
|8/7/2014||Matthew K Rose||Director||Buy||30,000||$34.65||$1,039,500.00|| |
|7/30/2014||Beth E Mooney||Director||Buy||1,000||$36.26||$36,260.00|| |
|7/30/2014||Lori M Lee||VP||Sell||1,871||$36.30||$67,917.30|| |
|7/29/2014||Catherine M Coughlin||EVP||Sell||1,567||$36.64||$57,414.88|| |
|7/29/2014||John T Stankey||Insider||Sell||5,227||$36.62||$191,412.74|| |
|7/28/2014||Scott T Ford||Director||Buy||10,000||$35.59||$355,900.00|| |
|7/25/2014||Glenn H Hutchins||Director||Buy||100,000||$35.64||$3,564,000.00|| |
|11/1/2013||John Joseph Stephens||CFO||Sell||18,175||$36.25||$658,843.75|| |
|10/24/2013||Beth E Mooney||Director||Buy||1,000||$34.74||$34,740.00|| |
|7/30/2013||Michael B Mccallister||Director||Buy||9,000||$35.44||$318,960.00|| |
|11/19/2012||Matthew K Rose||Director||Buy||40,000||$33.85||$1,354,000.00|| |
Headline Trends for AT&T (NYSE:T)
Latest Headlines for AT&T (NYSE:T)
AT&T (T) Chart for Saturday, October, 21, 2017