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

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for AT&T in the last twelve months. There are currently 9 hold ratings, 4 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" T shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in T, but not buy additional shares or sell existing shares.
View T analyst ratings or view top-rated stocks.

14 Wall Street research analysts have issued 12 month price targets for AT&T's stock. Their T share price forecasts range from $14.00 to $25.00. On average, they anticipate the company's stock price to reach $20.00 in the next twelve months. This suggests a possible upside of 39.2% from the stock's current price.
View analysts price targets for T or view top-rated stocks among Wall Street analysts.

AT&T's stock was trading at $18.41 at the beginning of the year. Since then, T shares have decreased by 21.9% and is now trading at $14.37.
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AT&T saw a increase in short interest in the month of July. As of July 31st, there was short interest totaling 114,070,000 shares, an increase of 16.7% from the July 15th total of 97,740,000 shares. Based on an average daily trading volume, of 47,330,000 shares, the days-to-cover ratio is presently 2.4 days.
View AT&T's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, October 19th 2023.
View our T earnings forecast.

AT&T Inc. (NYSE:T) released its quarterly earnings data on Wednesday, July, 26th. The technology company reported $0.63 EPS for the quarter, beating analysts' consensus estimates of $0.60 by $0.03. The technology company had revenue of $29.92 billion for the quarter, compared to the consensus estimate of $30.07 billion. AT&T had a negative net margin of 7.22% and a positive trailing twelve-month return on equity of 15.91%. The business's revenue for the quarter was up .9% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.65 earnings per share.
Read the conference call transcript.

AT&T announced a quarterly dividend on Thursday, June 29th. Shareholders of record on Monday, July 10th will be paid a dividend of $0.2775 per share on Tuesday, August 1st. This represents a $1.11 dividend on an annualized basis and a dividend yield of 7.72%. The ex-dividend date is Friday, July 7th.
Read our dividend analysis for T.

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 Equal Weight Communication Services ETF (EWCO), Invesco S&P 500 Equal Weight Communication Services ETF (RSPC), Communication Services Select Sector SPDR Fund (XLC), Vanguard Communication Services ETF (VOX), SPDR S&P Telecom ETF (XTL) and Fidelity MSCI Communication Services Index ETF (FCOM).

AT&T (NYSE:T) pays an annual dividend of $1.11 per share and currently has a dividend yield of 7.72%. 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.

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.

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).

AT&T trades on the New York Stock Exchange (NYSE) under the ticker symbol "T."

AT&T's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Bank Julius Baer & Co. Ltd Zurich (11.52%), BlackRock Inc. (7.48%), Geode Capital Management LLC (1.93%), Northern Trust Corp (1.03%), Bank of New York Mellon Corp (0.84%) and Charles Schwab Investment Management Inc. (0.69%). Insiders that own company stock include John T Stankey, Pascal Desroches and Stephen J Luczo.
View institutional ownership trends.

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.
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One share of T stock can currently be purchased for approximately $14.37.

AT&T (NYSE:T) has a market capitalization of $102.73 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 ($1.22) on an earnings per share basis.

The company employs 160,700 workers across the globe.

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.