S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Latest freight railroad layoffs and Wall Street pressure renew concerns about safety and service
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
One year after buying a failed bank, New York Community Bancorp is struggling
Dell, NetApp rise; Ginkgo Bioworks, New York Community Bancorp fall, Friday, 3/1/2024
Critical asset just had biggest fall on record (Ad)
How major US stock indexes fared Friday, 3/1/2024
China pledges to increase opportunities for foreign companies as it seeks to boost its economy
Critical asset just had biggest fall on record (Ad)
Brazil's economy grows 2.9% in Lula's 1st year, beating expectations
A US appeals court ruling could allow mine development on Oak Flat, land sacred to Apaches
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Latest freight railroad layoffs and Wall Street pressure renew concerns about safety and service
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
One year after buying a failed bank, New York Community Bancorp is struggling
Dell, NetApp rise; Ginkgo Bioworks, New York Community Bancorp fall, Friday, 3/1/2024
Critical asset just had biggest fall on record (Ad)
How major US stock indexes fared Friday, 3/1/2024
China pledges to increase opportunities for foreign companies as it seeks to boost its economy
Critical asset just had biggest fall on record (Ad)
Brazil's economy grows 2.9% in Lula's 1st year, beating expectations
A US appeals court ruling could allow mine development on Oak Flat, land sacred to Apaches
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Latest freight railroad layoffs and Wall Street pressure renew concerns about safety and service
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
One year after buying a failed bank, New York Community Bancorp is struggling
Dell, NetApp rise; Ginkgo Bioworks, New York Community Bancorp fall, Friday, 3/1/2024
Critical asset just had biggest fall on record (Ad)
How major US stock indexes fared Friday, 3/1/2024
China pledges to increase opportunities for foreign companies as it seeks to boost its economy
Critical asset just had biggest fall on record (Ad)
Brazil's economy grows 2.9% in Lula's 1st year, beating expectations
A US appeals court ruling could allow mine development on Oak Flat, land sacred to Apaches
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Latest freight railroad layoffs and Wall Street pressure renew concerns about safety and service
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
One year after buying a failed bank, New York Community Bancorp is struggling
Dell, NetApp rise; Ginkgo Bioworks, New York Community Bancorp fall, Friday, 3/1/2024
Critical asset just had biggest fall on record (Ad)
How major US stock indexes fared Friday, 3/1/2024
China pledges to increase opportunities for foreign companies as it seeks to boost its economy
Critical asset just had biggest fall on record (Ad)
Brazil's economy grows 2.9% in Lula's 1st year, beating expectations
A US appeals court ruling could allow mine development on Oak Flat, land sacred to Apaches

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

$17.00
+0.07 (+0.41%)
(As of 03/1/2024 ET)
Today's Range
$16.81
$17.05
50-Day Range
$16.24
$18.04
52-Week Range
$13.43
$19.99
Volume
27.54 million shs
Average Volume
40.11 million shs
Market Capitalization
$121.56 billion
P/E Ratio
8.67
Dividend Yield
6.53%
Price Target
$21.65

AT&T MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.64 Rating Score
Upside/​Downside
27.4% Upside
$21.65 Price Target
Short Interest
Healthy
1.32% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.92
Upright™ Environmental Score
News Sentiment
0.16mentions of AT&T in the last 14 days
Based on 93 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
3.57%
From $2.24 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.

4.95 out of 5 stars

Computer And Technology Sector

6th out of 595 stocks

Telephone Communication, Except Radio Industry

1st out of 17 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

Critical asset just had biggest fall on record
What many consider America's critical financial asset suffers biggest fall on record. Expert says: "it's very bad for millions, protect yourself now."
Marissa Mayer Elected to AT&T Board of Directors
This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
AT&T (NYSE:T) Stock Rating Upgraded by StockNews.com
UPDATE 1-New York AG opens probe into AT&T wireless outage
New York AG opens probe into AT&T wireless outage
National AT&T outage affects thousands
3 Dividend Stocks That Are Making Billionaires Even Richer
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
Today
3/01/2024
Next Earnings (Confirmed)
4/24/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Telephone communication, except radio
Sub-Industry
Integrated Telecommunication Services
CUSIP
00206R10
Employees
160,700
Year Founded
1877

Price Target and Rating

Average Stock Price Target
$21.65
High Stock Price Target
$30.00
Low Stock Price Target
$17.00
Potential Upside/Downside
+27.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.64
Research Coverage
14 Analysts

Profitability

Net Income
$14.40 billion
Pretax Margin
16.21%

Debt

Sales & Book Value

Annual Sales
$122.43 billion
Cash Flow
$5.10 per share
Book Value
$16.42 per share

Miscellaneous

Outstanding Shares
7,152,790,000
Free Float
7,148,500,000
Market Cap
$121.56 billion
Optionable
Optionable
Beta
0.59

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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 & Senior EVP of International
    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

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of AT&T was last updated on Thursday, February 29, 2024 at 1:22 PM.

Pros

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

  • AT&T Inc. provides telecommunications and technology services worldwide, offering a diverse range of products and services to a global market.
  • Recent developments in the company's communications segment have shown promising growth potential, indicating a strong market position.
  • AT&T Inc. has a solid track record of innovation and adapting to changing market trends, ensuring long-term sustainability and competitiveness.
  • Investors can benefit from AT&T Inc.'s strong brand reputation and customer loyalty, providing a stable revenue stream.
  • The current stock price of AT&T Inc. is favorable, offering potential for capital appreciation and dividend income.

Cons

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

  • AT&T Inc. faces intense competition in the telecommunications industry, leading to pricing pressures and potential market share erosion.
  • Regulatory challenges and changes in government policies could impact AT&T Inc.'s operations and profitability, creating uncertainty for investors.
  • The company's debt levels are relatively high, which may limit financial flexibility and increase interest expense, affecting overall profitability.
  • AT&T Inc. has faced criticism for its acquisition strategy and integration challenges, raising concerns about future growth prospects.
  • Market volatility and economic uncertainties could impact AT&T Inc.'s stock performance, requiring a cautious approach from investors.














T Stock Analysis - Frequently Asked Questions

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

14 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for AT&T in the last twelve months. There are currently 5 hold ratings and 9 buy ratings for the stock. The consensus among Wall Street equities research 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?

14 analysts have issued 12-month target prices for AT&T's shares. Their T share price targets range from $17.00 to $30.00. On average, they predict the company's stock price to reach $21.65 in the next twelve months. This suggests a possible upside of 27.4% 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 the year. Since then, T shares have increased by 1.3% and is now trading at $16.9950.
View the best growth stocks for 2024 here
.

Are investors shorting AT&T?

AT&T saw a increase in short interest in January. As of January 31st, there was short interest totaling 96,820,000 shares, an increase of 6.5% from the January 15th total of 90,880,000 shares. Based on an average daily trading volume, of 38,260,000 shares, the short-interest ratio is currently 2.5 days.
View AT&T's Short Interest
.

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) issued its earnings results on Wednesday, January, 24th. The technology company reported $0.54 earnings per share (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 analysts' expectations of $31.44 billion. AT&T had a trailing twelve-month return on equity of 15.39% and a net margin of 11.76%. The business's revenue for the quarter was up 2.2% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $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 announced a quarterly dividend on Wednesday, December 13th. Shareholders of record on Wednesday, January 10th will be given a dividend of $0.2775 per share on Thursday, February 1st. This represents a $1.11 annualized dividend and a dividend yield of 6.53%. The ex-dividend date of this dividend is Tuesday, January 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 6.54%. 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 47.84% 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 issued an update on its FY 2024 earnings guidance on Thursday, January, 25th. The company provided earnings per share (EPS) guidance of 2.150-2.250 for the period, compared to the consensus earnings per share estimate of 2.460. 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 number of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (8.70%), Newport Trust Company LLC (2.79%), Northern Trust Corp (1.01%), Norges Bank (0.93%), Legal & General Group Plc (0.83%) and Charles Schwab Investment Management Inc. (0.71%). 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 3/2/2024 by MarketBeat.com Staff