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AT&T (T) Stock Price, News & Analysis

$19.16
+0.95 (+5.22%)
(As of 07/24/2024 ET)
Today's Range
$18.76
$19.23
50-Day Range
$17.13
$19.16
52-Week Range
$13.89
$19.33
Volume
64.43 million shs
Average Volume
32.76 million shs
Market Capitalization
$137.34 billion
P/E Ratio
10.30
Dividend Yield
5.79%
Price Target
$21.85

AT&T MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.79 Rating Score
Upside/​Downside
14.0% Upside
$21.85 Price Target
Short Interest
Healthy
1.57% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.92
Upright™ Environmental Score
News Sentiment
0.33mentions of AT&T in the last 14 days
Based on 47 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
4.04%
From $2.23 to $2.32 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.70 out of 5 stars

Computer And Technology Sector

71st out of 590 stocks

Telephone Communication, Except Radio Industry

3rd out of 19 stocks

T stock logo

About AT&T Stock (NYSE:T)

AT&T Inc. is the world’s largest telecommunications company by revenue and the 3rd largest operator of mobile communications in the US. The company’s F2022 revenue was enough to earn it the 13th position on Forbe’s Fortune 500 list where it has resided for many decades.

The company that we know today is the result of many mergers, breakups, and acquisitions that began with Alexander Graham Bell in 1877. Mr. Bell founded the Bell Telephone Company in 1877 shortly after patenting the telephone. Within a few years, the Bell Telephone Company had become the American Bell Telephone Company, to distinguish it from other operations, and in 1885 the AT&T or American Telegraph and Telecommunications subsidiary was launched.

The AT&T subsidiary was so successful that it outgrew and took over its parent. Between 1899 and 1913 the company built a massive network of telephone lines under government authorization. The monopoly earned it the nickname “Ma Bell” and led to antitrust proceedings and the establishment of today’s telecommunications legal system. The network was the primary mode of communication in America until 1982 when the company was forced to break up. The agreement allowed AT&T to keep its name and the long-distance service but split the local companies into 7 “Baby Bells” Oddly enough, AT&T will later merge with Southern Bell in 2005, then known as SBC Communications, to become the company it is today.

Now, AT&T provides telecommunications, media, and technical services worldwide. The company operates in two primary segments with several sub-segments. The two primary segments are AT&T Communications and AT&T Latin American. AT&T Communications has three sub-segments which include Mobility, Business Wireline, and Consumer Wireline. The Mobility segment, which is the largest segment by far, offers a range of devices and service plans through a network of distributors and vendors while the Business and Consumer Wireline segments cater to the needs of businesses, families, organizations, and institutions. The Latin America segment provides wireless services in Mexico under the AT&T and Unefon brand names.

AT&T is a leader in the switch to 5G. Its 5G service comes in three tiers that seek to unlock the full potential of the technology. The base AT&T 5G uses the low band for wider coverage and is able to reach 281 million people in 22,000 cities. The high-end 5G+ using millimeter wavelength is available in more than 45 major metropolitan areas, stadiums, and high-traffic areas. The 5G+ using C-band is a blend of the two offering the highest speeds with the widest coverage.

 

T Stock Price History

T Stock News Headlines

 AT&T store . There are over 2,200 company-owned AT&T stores across the country — Stock Editorial Photography
AT&T Shares Jump on Wireless Subscriber Growth (T)
AT&T's adjusted earnings per share was in line with analyst estimates. Shares jumped however on higher than expected postpaid wireless subscriber growth.
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Why AT&T Stock Is Rising Today
Why AT&T Surged Despite A Mixed Q2 2024 Earnings Report
AT&T earnings preview: what to expect
See More Headlines
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Company Calendar

Ex-Dividend for 5/1 Dividend
4/09/2024
Last Earnings
4/24/2024
Dividend Payable
5/01/2024
Ex-Dividend for 8/1 Dividend
7/10/2024
Today
7/24/2024
Next Earnings (Confirmed)
7/24/2024
Dividend Payable
8/01/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Telephone communication, except radio
Sub-Industry
Integrated Telecommunication Services
CUSIP
00206R10
Employees
149,900
Year Founded
1877

Price Target and Rating

Average Stock Price Target
$21.85
High Stock Price Target
$29.00
Low Stock Price Target
$18.00
Potential Upside/Downside
+14.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.79
Research Coverage
14 Analysts

Profitability

Net Income
$14.40 billion
Pretax Margin
15.49%

Debt

Sales & Book Value

Annual Sales
$122.43 billion
Cash Flow
$5.25 per share
Book Value
$16.42 per share

Miscellaneous

Outstanding Shares
7,170,170,000
Free Float
7,165,146,000
Market Cap
$137.34 billion
Optionable
Optionable
Beta
0.58

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Key Executives

  • Mr. John T. StankeyMr. John T. Stankey (Age 61)
    CEO, President & Director
    Comp: $9.2M
  • Mr. Pascal DesrochesMr. Pascal Desroches (Age 60)
    Senior EVP & CFO
    Comp: $5.13M
  • Mr. Jeffery Scott McElfresh (Age 54)
    Chief Operating Officer
    Comp: $4.59M
  • Mr. David R. McAtee II (Age 55)
    Senior EVP & General Counsel
    Comp: $5.08M
  • Ms. Lori M. Lee (Age 58)
    Global Marketing Officer and Senior EVP of International & Human Resources
    Comp: $2.71M
  • Ms. Sabrina Sanders (Age 45)
    Senior VP, Chief Accounting Officer & Controller
  • Mr. Amir Rozwadowski (Age 45)
    Senior VP of Finance & Investor Relations
  • Mr. Larry Solomon
    Chief Communications Officer
  • Mr. Rick Moore (Age 72)
    Senior Vice President of Corporate Development
  • Ms. Susan A. Johnson (Age 58)
    Senior Vice President of Global Supply Chain

Should I Buy AT&T Stock? T Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in AT&T Inc.:

  • AT&T's current stock price is relatively low, presenting a potentially attractive entry point for investors looking for value opportunities.
  • AT&T's dividend yield of 6.03% as of the last dividend payment on May 1st, 2024, offers investors a steady income stream, which can be appealing for income-oriented investors.
  • AT&T's diverse range of telecommunications and technology services, including wireless voice and data communications, broadband services, and cloud solutions, provides the company with multiple revenue streams and business segments that can help mitigate risks.
  • AT&T's recent quarterly earnings report on April 24th, 2024, where the company beat earnings estimates and demonstrated a solid return on equity of 14.63%, indicating strong financial performance and management efficiency.
  • AT&T's consensus rating of "Moderate Buy" and an average target price of $21.54 as of the latest data, suggesting positive sentiment from analysts and potential upside in the stock price.

Cons

Investors should be bearish about investing in AT&T Inc. for these reasons:

  • AT&T's debt-to-equity ratio of 1.06 may raise concerns about the company's leverage and ability to manage its debt obligations, which could impact its financial flexibility and future growth prospects.
  • AT&T's revenue was down .4% compared to the same quarter last year, indicating a potential challenge in revenue growth and market competitiveness in the telecommunications industry.
  • AT&T's PEG ratio of 3.56 suggests that the stock may be overvalued relative to its earnings growth potential, which could lead to limited capital appreciation for investors in the near term.
  • AT&T's beta of 0.60 implies lower volatility compared to the market average, which may result in slower price movements and potentially limit short-term trading opportunities for investors seeking quick gains.
  • AT&T's 1-year high of $18.45 as of the latest data may indicate a near-term resistance level for the stock price, potentially capping upside potential for investors looking for significant capital gains.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Tuesday, July 2, 2024. Please send any questions or comments about these AT&T pros and cons to contact@marketbeat.com.

T Stock Analysis - Frequently Asked Questions

How have T shares performed this year?

AT&T's stock was trading at $16.78 at the beginning of the year. Since then, T shares have increased by 14.2% and is now trading at $19.1550.
View the best growth stocks for 2024 here
.

How were AT&T's earnings last quarter?

AT&T Inc. (NYSE:T) announced its quarterly earnings data on Wednesday, July, 24th. The technology company reported $0.57 EPS for the quarter, meeting analysts' consensus estimates of $0.57. The company's revenue was down .3% on a year-over-year basis.
Read the conference call transcript
.

What is John Stankey's approval rating as AT&T's CEO?

889 employees have rated AT&T Chief Executive Officer John Stankey on Glassdoor.com. John Stankey has an approval rating of 61% among the company's employees. This puts John Stankey in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Who are AT&T's major shareholders?

Top institutional investors of AT&T include Sumitomo Mitsui Trust Holdings Inc. (0.22%), New York State Teachers Retirement System (0.10%), Commerzbank Aktiengesellschaft FI (0.08%) and Chevy Chase Trust Holdings LLC (0.05%).
View institutional ownership trends
.

How do I buy shares of AT&T?

Shares of T stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of AT&T own?

Based on aggregate information from My MarketBeat watchlists, some other companies that AT&T investors own include Verizon Communications (VZ), Johnson & Johnson (JNJ), Exxon Mobil (XOM), Pfizer (PFE), AbbVie (ABBV), Intel (INTC) and Bank of America (BAC).

This page (NYSE:T) was last updated on 7/25/2024 by MarketBeat.com Staff

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