NYSE:T

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

$16.09

+0.42 (+2.68%)

(As of 06/7/2023 ET)

Compare

Today's Range: $15.57
▼
$16.12
50-Day Range: $15.15
▼
$19.96
52-Week Range: $14.46
▼
$21.39

Volume: 43.56 million shs
Average Volume: 42.84 million shs
Market Capitalization: $115.03 billion

P/E Ratio: N/A
Dividend Yield: 6.90%
Price Target: $21.76

AT&T MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.60 Rating Score
Upside/Downside: 35.3% Upside
$21.76 Price Target
Short Interest: Healthy
1.17% of Shares Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: -0.92
Upright™ Environmental Score
News Sentiment: 0.11
Based on 27 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 2.48%
From $2.42 to $2.48 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.29 out of 5 stars

Computer And Technology Sector

188th out of 596 stocks

Telephone Communication, Except Radio Industry

11th out of 25 stocks

3.3

Analyst's Opinion

Consensus Rating
AT&T has received a consensus rating of Buy. The company's average rating score is 2.60, and is based on 7 buy ratings, 7 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $21.76, AT&T has a forecasted upside of 35.3% from its current price of $16.09.
Amount of Analyst Coverage
AT&T has only been the subject of 4 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
1.17% of the outstanding shares of AT&T have been sold short.
Short Interest Ratio / Days to Cover
AT&T has a short interest ratio ("days to cover") of 2.5, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in AT&T has recently increased by 0.66%, indicating that investor sentiment is decreasing.

2.5

Dividend Strength

Dividend Leadership
AT&T is a leading dividend payer. It pays a dividend yield of 7.08%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
AT&T does not have a long track record of dividend growth.
Dividend Sustainability
Based on earnings estimates, AT&T will have a dividend payout ratio of 44.76% next year. This indicates that AT&T will be able to sustain or increase its dividend.

3.7

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
AT&T has received a 46.61% net impact score from Upright. The largest positive contribution comes from its "Relationships" impact, which is mostly driven by its "Rural area cellular networks", "Urban area cellular networks", and "Mobile consumer internet provision" products. See details.
Environmental Sustainability
The Environmental Impact score for AT&T is -0.92.

1.7

News and Social Media Coverage

News Sentiment
AT&T has a news sentiment score of 0.11. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.48 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 27 news articles for AT&T this week, compared to 13 articles on an average week.
Search Interest
Only 314 people have searched for T on MarketBeat in the last 30 days. This is a decrease of -29% compared to the previous 30 days.
MarketBeat Follows
Only 63 people have added AT&T to their MarketBeat watchlist in the last 30 days. This is a decrease of -45% compared to the previous 30 days.

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, AT&T insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 0.06% of the stock of AT&T is held by insiders.
Percentage Held by Institutions
51.86% of the stock of AT&T is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6

Earnings and Valuation

Earnings Growth
Earnings for AT&T are expected to grow by 2.48% in the coming year, from $2.42 to $2.48 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of AT&T is -12.67, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of AT&T is -12.67, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Growth Ratio
AT&T has a PEG Ratio of 1.68. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
AT&T has a P/B Ratio of 1.08. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About AT&T (NYSE:T) Stock

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.

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T Stock News Headlines

June 7, 2023 | seekingalpha.com

AT&T, Cisco team up to provide connectivity for hybrid workforce

June 7, 2023 | msn.com

AT&T: Why I Am Still Bullish Despite The Amazon Rumors

June 8, 2023 | Edge On The Street (Ad)

Graphite Shortage Could Derail the $7 Trillion EV Transition

Graphite (not lithium) is expected to see the largest increase in demand of all battery metals over the next decade. But projections warn of an 8 million ton shortfall of graphite by 2040. That's why 97 more graphite mines are needed just to keep up with battery production for the $7 trillion transition to electric vehicles.

June 7, 2023 | msn.com

Is Amazon Taking On Verizon and AT&T?

June 6, 2023 | bizjournals.com

AT&T gives Westside Future Fund grant to close digital divide

June 6, 2023 | barrons.com

These Stocks Are Moving the Most Today: GitLab, Coinbase, AMD, Apple, AT&T, and More

June 6, 2023 | msn.com

AT&T gains as analyst Moffett boosts view to Neutral after sell-off

June 6, 2023 | tmcnet.com

AT&T Wears the Internet Connectivity Crown in Customer Satisfaction, While Amazon Prime Video and Peacock Surge Among Streamers, ACSI Data Show

June 8, 2023 | Edge On The Street (Ad)

The Real Problem With "Made in America" Lithium

Politicians love to say they support "Made in America" when it comes to manufacturing. But when it comes to lithium - the metal fueling our transition to electric vehicles - it's not that simple.

June 6, 2023 | msn.com

AT&T stock nabs a lukewarm upgrade: ‘We’re not optimists’

June 6, 2023 | americanbankingnews.com

AT&T (NYSE:T) Upgraded at Moffett Nathanson

June 5, 2023 | msn.com

HSBC Maintains AT&T (T) Buy Recommendation

June 5, 2023 | benzinga.com

Expert Ratings for AT&T

June 5, 2023 | 247wallst.com

Unusual Call Option Trade in AT&T Worth $155K

June 5, 2023 | msn.com

Two arrested after yet another alleged AT&T phone line theft in rural California county

June 5, 2023 | news.yahoo.com

AT&T Offers new opportunities to job seekers

June 5, 2023 | seekingalpha.com

Demystifying The Sustainability Of AT&T's Dividend

June 5, 2023 | americanbankingnews.com

HSBC Cuts AT&T (NYSE:T) Price Target to $19.00

June 4, 2023 | msn.com

911 out of service for AT&T customers in Williamson County

June 3, 2023 | marketwatch.com

AT&T Says Not in Talks With Amazon to Resell Wireless Services

June 3, 2023 | msn.com

AT&T Unusual Options Activity For June 02

June 2, 2023 | msn.com

Unusual Call Option Trade in AT&T (T) Worth $155.00K

June 2, 2023 | msn.com

AT&T's Capital Structure Signals No Problem At All For The Common Stock

June 2, 2023 | seekingalpha.com

AT&T Stock: Cratering On The Amazon Wireless Report

June 1, 2023 | bizjournals.com

Agnes Scott partners with AT&T, BlackRock, Delta to equip diverse women leaders for tomorrow’s workforce

June 1, 2023 | msn.com

AT&T Stock: The More It Drops, The More I Don't Buy

June 1, 2023 | msn.com

Check Out What Whales Are Doing With AT&T

See More Headlines

T Price History

30 days | 90 days | 365 days | Advanced Chart

T Company Calendar

Ex-Dividend for 5/1 Dividend: 4/06/2023
Last Earnings: 4/20/2023
Dividend Payable: 5/01/2023
Today: 6/08/2023
Next Earnings (Estimated): 7/20/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Telephone communication, except radio
Sub-Industry: Integrated Telecommunication Services
Sector: Computer and Technology
Current Symbol: NYSE:T
CUSIP: 00206R10
CIK: 732717
Web: www.att.com
Phone: (210) 821-4105
Fax: 302-655-5049
Employees: 160,700
Year Founded: 1877

Price Target and Rating

Average Stock Price Forecast: $21.76
High Stock Price Forecast: $28.00
Low Stock Price Forecast: $17.00
Forecasted Upside/Downside: +35.3%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.60
Research Coverage: 15 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($1.27)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 6.65
P/E Growth: 1.68
Net Income: $-7,861,000,000.00
Net Margins: -7.52%
Pretax Margin: -3.23%
Return on Equity: 15.47%
Return on Assets: 4.58%

Debt

Debt-to-Equity Ratio: 1.14
Current Ratio: 0.51
Quick Ratio: 0.47

Sales & Book Value

Annual Sales: $120.74 billion
Price / Sales: 0.95
Cash Flow: $5.29 per share
Price / Cash Flow: 3.04
Book Value: $14.94 per share
Price / Book: 1.08

Miscellaneous

Outstanding Shares: 7,149,000,000
Free Float: 7,144,711,000
Market Cap: $115.03 billion
Optionable: Optionable
Beta: 0.66

Social Links

Key Executives

John T. Stankey
President, Chief Executive Officer & Director

Jeffrey Scott McElfresh
Chief Operating Officer

Pascal Desroches
Chief Financial Officer & Senior Executive VP

Jeremy Alan Legg
Chief Technology Officer

David S. Huntley
Chief Compliance Officer & Senior Executive VP

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

T Stock - Frequently Asked Questions

Should I buy or sell AT&T stock right now?: 15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for AT&T in the last year. There are currently 7 hold ratings, 7 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" T shares.
View T analyst ratings or view top-rated stocks.
What is AT&T's stock price forecast for 2023?: 15 brokerages have issued twelve-month target prices for AT&T's shares. Their T share price forecasts range from $17.00 to $28.00. On average, they anticipate the company's share price to reach $21.76 in the next year. This suggests a possible upside of 35.3% 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 2023?: AT&T's stock was trading at $18.41 on January 1st, 2023. Since then, T shares have decreased by 12.6% and is now trading at $16.09.
View the best growth stocks for 2023 here.
When is AT&T's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, July 20th 2023.
View our T earnings forecast.
How were AT&T's earnings last quarter?: AT&T Inc. (NYSE:T) posted its quarterly earnings data on Thursday, April, 20th. The technology company reported $0.60 EPS for the quarter, topping analysts' consensus estimates of $0.58 by $0.02. The technology company had revenue of $30.14 billion for the quarter, compared to the consensus estimate of $30.22 billion. AT&T had a negative net margin of 7.52% and a positive trailing twelve-month return on equity of 15.47%. The business's quarterly revenue was up 1.4% on a year-over-year basis. During the same period in the prior year, the business posted $0.77 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 31st. Stockholders of record on Monday, April 10th will be paid a dividend of $0.2775 per share on Monday, May 1st. This represents a $1.11 dividend on an annualized basis and a dividend yield of 6.90%. The ex-dividend date of this dividend is Thursday, April 6th.
Read our dividend analysis for T.
What ETFs hold AT&T's stock?: ETFs with the largest weight of AT&T (NYSE:T) stock in their portfolio include iShares MSCI USA Value Factor ETF (VLUE), iShares U.S. Telecommunications ETF (IYZ), Invesco S&P 500 Enhanced Value ETF (SPVU), Invesco S&P 500 Equal Weight Communication Services ETF (EWCO), Fidelity MSCI Communication Services Index ETF (FCOM), Vanguard Communication Services ETF (VOX), iShares Global Comm Services ETF (IXP) and Communication Services Select Sector SPDR Fund (XLC).
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 7.08%. T has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for T.

What guidance has AT&T issued on next quarter's earnings?: AT&T updated its FY 2023 earnings guidance on Thursday, April, 20th. The company provided earnings per share guidance of $2.35-$2.45 for the period, compared to the consensus EPS estimate of $2.44. 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).
What is AT&T's stock symbol?: AT&T trades on the New York Stock Exchange (NYSE) under the ticker symbol "T."
Who are AT&T's major shareholders?: AT&T's stock is owned by many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (7.32%), State Street Corp (4.02%), Newport Trust Co (2.75%), Geode Capital Management LLC (1.88%), Bank of New York Mellon Corp (0.89%) and Dimensional Fund Advisors LP (0.73%). 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is AT&T's stock price today?: One share of T stock can currently be purchased for approximately $16.09.
How much money does AT&T make?: AT&T (NYSE:T) has a market capitalization of $115.03 billion and generates $120.74 billion in revenue each year. The technology company earns $-7,861,000,000.00 in net income (profit) each year or ($1.27) on an earnings per share basis.
How many employees does AT&T have?: The company employs 160,700 workers across the globe.
How can I contact AT&T?: AT&T's mailing address is 208 S. AKARD ST, DALLAS TX, 75202. The official website for the company is www.att.com. The technology company can be reached via phone at (210) 821-4105, via email at investr@att.com, or via fax at 302-655-5049.

This page (NYSE:T) was last updated on 6/8/2023 by MarketBeat.com Staff

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