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 - NEC
- Sub-Industry: Integrated Telecommunication Services
- Symbol: NYSE:T
- CUSIP: 00206R10
- Web: www.att.com
- Market Cap: $230.74 billion
- Outstanding Shares: 6,140,000,000
- 50 Day Moving Avg: $37.59
- 200 Day Moving Avg: $39.51
- 52 Week Range: $35.81 - $43.03
Sales & Book Value:
- Trailing P/E Ratio: 17.56
- Foreward P/E Ratio: 12.57
- P/E Growth: 1.76
- Annual Revenue: $161.93 billion
- Price / Sales: 1.42
- Book Value: $20.31 per share
- Price / Book: 1.85
- Annual Dividend: $1.96
- Dividend Yield: 5.2%
- EBIDTA: $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: 22.17 million shs.
- Beta: 0.47
- 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 announced a quarterly dividend on Friday, June 30th. Stockholders of record on Monday, July 10th will be paid a dividend of $0.49 per share on Tuesday, August 1st. This represents a $1.96 dividend on an annualized basis and a dividend yield of 5.22%. The ex-dividend date is Thursday, July 6th. View AT&T's Dividend History.
How were AT&T's earnings last quarter?
AT&T Inc. (NYSE:T) released its quarterly earnings data on Tuesday, July, 25th. The company reported $0.79 EPS for the quarter, beating the consensus estimate of $0.74 by $0.05. The firm earned $39.84 billion during the quarter, compared to the consensus estimate of $39.84 billion. AT&T had a return on equity of 14.53% and a net margin of 8.12%. The company's quarterly revenue was down 1.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.72 earnings per share. 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?
27 brokers have issued 12 month target prices for AT&T's stock. Their predictions range from $38.00 to $55.00. On average, they anticipate AT&T's share price to reach $43.75 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 posted strong second-quarter 2017 financial results, with 38.8 million video subscribers (inclusive of 491,000 DIRECTV NOW) and 15.7 million broadband connections. We believe different promotional offers have lured its users. AT&T’s plans to deploy both fixed and wireless 5G network, launch 3GPP Mobile 5G Services in 2018 and deploy 28GHz and 39GHz spectrum bands complements its 5G strategy. The AT&T-Time Warner deal is recently under talks with the U.S. antitrust officials. AT&T’s Unlimited data plans have heated up the wireless industry. AT&T is gearing up to boost its cloud suite and Internet of Things space through different deals. Over the past one month, the stock price outshined the industry. However, AT&T operates in a highly competitive and saturated wireless market. Losses in wireline access lines, marketing costs of promotional plans, regulatory norms and union issues are other major headwinds." (7/27/2017)
- 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 in July. As of July 31st, there was short interest totalling 169,990,328 shares, an increase of 7.4% from the July 14th total of 158,243,985 shares. Based on an average trading volume of 34,434,603 shares, the short-interest ratio is presently 4.9 days. Currently, 2.8% of the company's stock are sold short.
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), 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 S.A. (TSU), BlackBerry Limited (BBRY), United States Cellular Corporation (USM), Telephone and Data Systems (TDS), Gogo (GOGO), Cellcom Israel (CEL) and ORBCOMM (ORBC).
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 retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (6.97%), BlackRock Inc. (5.99%), State Street Corp (4.14%), Evercore Trust Company N.A. (3.42%), Northern Trust Corp (1.19%) and Bank of New York Mellon Corp (1.08%). Company insiders that own AT&T stock include Geoffrey Y Yang, John T Stankey and Michael B Mccallister. 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 FMR LLC, Capital Research Global Investors, Bank of New York Mellon Corp, State Street Corp, AJO LP, Pioneer Investment Management Inc., Nordea Investment Management AB and Acadian Asset Management LLC. View Insider Buying and Selling for AT&T.
Who bought AT&T stock? Who is buying AT&T stock?
AT&T's stock was bought by a variety of institutional investors in the last quarter, including Vanguard Group Inc., Janus Henderson Group PLC, Ameriprise Financial Inc., BlackRock Inc., Parametric Portfolio Associates LLC, Dimensional Fund Advisors LP, Renaissance Technologies LLC and First Eagle Investment Management LLC. Company insiders that have bought AT&T stock in the last two years include Geoffrey Y Yang and Michael B Mccallister. 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 $37.58.
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, 10 Buy Ratings|
|Consensus Rating:||Hold (Score: 2.37)|
|Consensus Price Target: ||$43.75 (16.42% upside)|
Analysts' Ratings History for AT&T (NYSE:T)
(Data available from 8/21/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|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. (The)||Reiterated Rating||Neutral||Low|
|6/2/2017||Drexel Hamilton||Reiterated Rating||Hold||Low|
|5/30/2017||Moffett Nathanson||Upgrade||Sell -> Neutral||Low|
|5/9/2017||Tigress Financial||Upgrade||Underperform -> Neutral||Low|
|4/29/2017||Deutsche Bank AG||Reiterated Rating||Hold||$42.00 -> $41.00||Low|
|4/26/2017||Macquarie||Reiterated Rating||Buy||$46.00 -> $45.00||Medium|
|4/19/2017||Jefferies Group LLC||Reiterated Rating||Buy||$48.00||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|
|12/12/2016||Robert W. Baird||Upgrade||Neutral -> Outperform||$39.00 -> $44.00||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|
|4/27/2016||Morgan Stanley||Reiterated Rating||Hold||$35.00||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|
|10/9/2015||Canaccord Genuity||Reiterated Rating||Hold -> Positive||$35.00||N/A|
|10/2/2015||Sanford C. Bernstein||Lower Price Target||Market Perform||$38.00 -> $36.00||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: $2.93
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)
|Most Recent Dividend:||8/1/2017|
|Dividend Growth:||2.20% (3 Year Average)|
|Payout Ratio:||92.45% (Trailing 12 Months of Earnings) |
66.44% (Based on This Year's Estimates)
65.55% (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: 55.24%
(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 Monday, August, 21, 2017