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NYSE:T

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

$17.50
+0.03 (+0.17%)
(As of 05/24/2024 ET)
Today's Range
$17.42
$17.61
50-Day Range
$16.09
$17.61
52-Week Range
$13.43
$18.16
Volume
25.00 million shs
Average Volume
29.19 million shs
Market Capitalization
$125.48 billion
P/E Ratio
9.41
Dividend Yield
6.34%
Price Target
$20.81

AT&T MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.69 Rating Score
Upside/​Downside
18.9% Upside
$20.81 Price Target
Short Interest
Healthy
1.24% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.92
Upright™ Environmental Score
News Sentiment
0.50mentions of AT&T in the last 14 days
Based on 30 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
4.91%
From $2.24 to $2.35 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.

4.16 out of 5 stars

Computer And Technology Sector

142nd out of 597 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

The Best Dividend Stocks to Buy Right Now
AT&T (NYSE:T) Shares Down 0.3%
AT&T Nearing An Inflection Point: Is It Time To Buy?
AT&T to Release Second-Quarter 2024 Earnings July 24
7 Blue-Chip Stocks to Buy Now: May 2024
Assessing AT&T: Insights From 4 Financial Analysts
The 6 Best Dividend Stocks To Buy With $2000
AT&T (NYSE:T) Trading 0.1% Higher
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
Today
5/26/2024
Next Earnings (Confirmed)
7/24/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

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

Price Target and Rating

Average Stock Price Target
$20.81
High Stock Price Target
$29.00
Low Stock Price Target
$17.00
Potential Upside/Downside
+18.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.69
Research Coverage
13 Analysts

Profitability

Net Income
$14.40 billion
Pretax Margin
15.49%

Debt

Sales & Book Value

Annual Sales
$122.43 billion
Cash Flow
$5.09 per share
Book Value
$16.54 per share

Miscellaneous

Outstanding Shares
7,170,170,000
Free Float
7,165,146,000
Market Cap
$125.48 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: $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

T Stock Analysis - Frequently Asked Questions

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

13 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for AT&T in the last twelve months. There are currently 4 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?

13 Wall Street 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 expect the company's stock price to reach $20.81 in the next twelve months. This suggests a possible upside of 18.9% 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 shares have increased by 4.3% and is now trading at $17.50.
View the best growth stocks for 2024 here
.

Are investors shorting AT&T?

AT&T saw a drop in short interest during the month of April. As of April 15th, there was short interest totaling 82,720,000 shares, a drop of 21.3% from the March 31st total of 105,150,000 shares. Based on an average daily trading volume, of 39,340,000 shares, the days-to-cover ratio is presently 2.1 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, July 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, July 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) released its quarterly earnings results on Wednesday, April, 24th. The technology company reported $0.55 EPS for the quarter, topping analysts' consensus estimates of $0.53 by $0.02. The technology company earned $30.03 billion during the quarter, compared to analyst estimates of $30.62 billion. AT&T had a trailing twelve-month return on equity of 14.63% and a net margin of 11.13%. The business's revenue for the quarter was down .4% compared to the same quarter last year. During the same period in the prior year, the company posted $0.60 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 Friday, March 29th. Shareholders of record on Wednesday, April 10th will be given a dividend of $0.2775 per share on Wednesday, May 1st. This represents a $1.11 dividend on an annualized basis and a dividend yield of 6.34%. The ex-dividend date 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 6.34%. T has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 59.68%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, T will have a dividend payout ratio of 47.23% 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 Saturday, May, 4th. The company provided EPS guidance of 2.150-2.250 for the period, compared to the consensus estimate of 2.070. 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 institutional and retail investors. Top institutional investors include Vanguard Group Inc. (8.72%), Bank of New York Mellon Corp (1.06%), LSV Asset Management (0.42%), Price T Rowe Associates Inc. MD (0.33%), Swiss National Bank (0.30%) and Thornburg Investment Management Inc. (0.29%).
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 5/26/2024 by MarketBeat.com Staff

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