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

$16.51
+0.20 (+1.23%)
(As of 04/23/2024 ET)
Today's Range
$16.29
$16.53
50-Day Range
$16.09
$17.61
52-Week Range
$13.43
$18.16
Volume
47.77 million shs
Average Volume
35.96 million shs
Market Capitalization
$118.09 billion
P/E Ratio
8.42
Dividend Yield
6.72%
Price Target
$20.50

AT&T MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.62 Rating Score
Upside/​Downside
24.2% Upside
$20.50 Price Target
Short Interest
Healthy
1.47% 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 43 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
3.62%
From $2.21 to $2.29 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.

4.65 out of 5 stars

Computer And Technology Sector

56th out of 581 stocks

Telephone Communication, Except Radio Industry

2nd out of 18 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

Biden replacement revealed?
A former CIA insider just announced a disturbing prediction… Biden will withdraw as the Democrat nominee on June 13.
AT&T Q1 Profit, Revenue Beat Estimates
Biden replacement revealed?
A former CIA insider just announced a disturbing prediction… Biden will withdraw as the Democrat nominee on June 13.
AT&T earnings: here's what to expect
AT&T Is Rising From Missteps
See More Headlines
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Company Calendar

Ex-Dividend for 2/1 Dividend
1/09/2024
Last Earnings
1/24/2024
Dividend Payable
2/01/2024
Ex-Dividend for 5/1 Dividend
4/09/2024
Today
4/23/2024
Next Earnings (Confirmed)
4/24/2024
Dividend Payable
5/01/2024
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
$20.50
High Stock Price Target
$29.00
Low Stock Price Target
$17.00
Potential Upside/Downside
+24.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.62
Research Coverage
13 Analysts

Profitability

Net Income
$14.40 billion
Pretax Margin
16.21%

Debt

Sales & Book Value

Annual Sales
$122.43 billion
Cash Flow
$5.08 per share
Book Value
$16.42 per share

Miscellaneous

Outstanding Shares
7,152,790,000
Free Float
7,147,785,000
Market Cap
$118.09 billion
Optionable
Optionable
Beta
0.57

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Key Executives

  • Mr. John T. StankeyMr. John T. Stankey (Age 61)
    CEO, President & Director
    Comp: $8.15M
  • Mr. Pascal  DesrochesMr. Pascal Desroches (Age 60)
    Senior EVP & CFO
    Comp: $4.25M
  • Mr. Jeffery Scott McElfresh (Age 54)
    Chief Operating Officer
    Comp: $3.18M
  • Mr. David R. McAtee II (Age 55)
    Senior EVP & General Counsel
    Comp: $4.45M
  • Ms. Lori M. Lee (Age 58)
    Global Marketing Officer and Senior EVP of International & Human Resources
    Comp: $2.23M
  • 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 has a diverse range of telecommunications and technology services, providing stability and potential for growth in various sectors.
  • Recent analyst reports have given AT&T a positive outlook, with several analysts upgrading the stock rating and raising price targets, indicating confidence in the company's future performance.
  • AT&T's stock price has shown resilience and potential for appreciation, making it an attractive option for investors looking for capital gains.
  • AT&T's strong presence in the Latin America segment offers exposure to emerging markets and potential for expansion in regions with growing telecommunications needs.
  • AT&T's focus on innovation and technology solutions positions the company well to capitalize on the increasing demand for advanced communication services and products.

Cons

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

  • AT&T faces intense competition in the telecommunications industry, which could impact market share and profitability.
  • Regulatory challenges and changes in government policies could affect AT&T's operations and financial performance, leading to uncertainties for investors.
  • High levels of debt on AT&T's balance sheet may pose risks in terms of financial leverage and interest payments, impacting overall profitability and shareholder returns.
  • AT&T's traditional legacy services face declining demand, requiring strategic shifts and investments in newer technologies to stay competitive in the market.
  • Market volatility and macroeconomic factors could influence AT&T's stock price, leading to fluctuations that may impact investor confidence and returns.
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 Wednesday, April 10, 2024. Please send any questions or comments about these AT&T pros and cons to contact@marketbeat.com.

T Stock Analysis - Frequently Asked Questions

Should I buy or sell AT&T stock right now?

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for AT&T in the last year. There are currently 5 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" T shares.
View T analyst ratings
or view top-rated stocks.

What is AT&T's stock price target for 2024?

13 Wall Street research analysts have issued 1-year price targets for AT&T's stock. Their T share price targets range from $17.00 to $29.00. On average, they predict the company's share price to reach $20.50 in the next twelve months. This suggests a possible upside of 24.2% from the stock's current price.
View analysts price targets for T
or view top-rated stocks among Wall Street analysts.

How have T shares performed in 2024?

AT&T's stock was trading at $16.78 at the beginning of 2024. Since then, T stock has decreased by 1.6% and is now trading at $16.51.
View the best growth stocks for 2024 here
.

When is AT&T's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 24th 2024.
View our T earnings forecast
.

How can I listen to AT&T's earnings call?

AT&T will be holding an earnings conference call on Wednesday, April 24th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link.

How were AT&T's earnings last quarter?

AT&T Inc. (NYSE:T) posted its earnings results on Wednesday, January, 24th. The technology company reported $0.54 EPS for the quarter, missing analysts' consensus estimates of $0.55 by $0.01. The technology company had revenue of $32 billion for the quarter, compared to the consensus estimate of $31.44 billion. AT&T had a net margin of 11.76% and a trailing twelve-month return on equity of 15.39%. The business's revenue for the quarter was up 2.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.61 earnings per share.
Read the conference call transcript
.

How often does AT&T pay dividends? What is the dividend yield for AT&T?

AT&T declared a quarterly dividend on Friday, March 29th. Stockholders of record on Wednesday, April 10th will be paid a dividend of $0.2775 per share on Wednesday, May 1st. This represents a $1.11 dividend on an annualized basis and a yield of 6.72%. The ex-dividend date of this dividend is Tuesday, April 9th.
Read our dividend analysis for T
.

Is AT&T a good dividend stock?

AT&T (NYSE:T) pays an annual dividend of $1.11 per share and currently has a dividend yield of 6.81%. T has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 56.63%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, T will have a dividend payout ratio of 48.47% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for T.

What guidance has AT&T issued on next quarter's earnings?

AT&T updated its FY 2024 earnings guidance on Friday, March, 15th. The company provided earnings per share guidance of 2.150-2.250 for the period, compared to the consensus earnings per share estimate of 2.020. The company issued revenue guidance of -.

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.

What other stocks do shareholders of AT&T own?

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

Who are AT&T's major shareholders?

AT&T's stock is owned by a variety of retail and institutional investors. Top institutional investors include State of Michigan Retirement System (0.26%), Sumitomo Mitsui Trust Holdings Inc. (0.24%), Raymond James Financial Services Advisors Inc. (0.04%), Allspring Global Investments Holdings LLC (0.04%), CWM LLC (0.03%) and Gateway Investment Advisers LLC (0.03%). Insiders that own company stock include John T Stankey, Pascal Desroches and Stephen J Luczo.
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.

This page (NYSE:T) was last updated on 4/24/2024 by MarketBeat.com Staff

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