AT&T Inc. (NYSE:T – Get Free Report) has been given a consensus recommendation of “Moderate Buy” by the nineteen analysts that are presently covering the firm, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, seven have given a hold recommendation, ten have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 1 year price target among analysts that have issued ratings on the stock in the last year is $23.40.
T has been the subject of a number of recent analyst reports. Barclays upped their price target on shares of AT&T from $22.00 to $24.00 and gave the company an “overweight” rating in a report on Thursday. TD Cowen upped their price target on shares of AT&T from $21.00 to $23.00 and gave the company a “hold” rating in a report on Thursday, July 25th. Citigroup upped their price target on shares of AT&T from $21.00 to $24.00 and gave the company a “buy” rating in a report on Wednesday, September 11th. Redburn Atlantic upgraded shares of AT&T to a “strong sell” rating in a report on Monday, September 16th. Finally, Daiwa America upgraded shares of AT&T to a “hold” rating in a report on Friday, July 26th.
Read Our Latest Research Report on T
Institutional Trading of AT&T
AT&T Price Performance
Shares of AT&T stock opened at $22.19 on Friday. AT&T has a 52-week low of $14.74 and a 52-week high of $22.58. The stock has a market capitalization of $159.11 billion, a price-to-earnings ratio of 12.75, a price-to-earnings-growth ratio of 3.67 and a beta of 0.60. The company has a fifty day moving average of $21.09 and a 200-day moving average of $19.06. The company has a debt-to-equity ratio of 1.05, a quick ratio of 0.66 and a current ratio of 0.70.
AT&T (NYSE:T – Get Free Report) last announced its quarterly earnings data on Wednesday, October 23rd. The technology company reported $0.60 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.57 by $0.03. AT&T had a net margin of 10.41% and a return on equity of 14.16%. The company had revenue of $30.20 billion during the quarter, compared to analysts’ expectations of $30.50 billion. During the same quarter in the prior year, the company earned $0.64 EPS. The firm’s revenue was down .5% on a year-over-year basis. Equities research analysts expect that AT&T will post 2.22 EPS for the current year.
AT&T Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Friday, November 1st. Stockholders of record on Thursday, October 10th will be given a $0.2775 dividend. This represents a $1.11 dividend on an annualized basis and a dividend yield of 5.00%. The ex-dividend date is Thursday, October 10th. AT&T’s dividend payout ratio is presently 63.79%.
About AT&T
AT&T Inc provides telecommunications and technology services worldwide. The company operates through two segments, Communications and Latin America. The Communications segment offers wireless voice and data communications services; and sells handsets, wireless data cards, wireless computing devices, carrying cases/protective covers, and wireless chargers through its own company-owned stores, agents, and third-party retail stores.
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