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

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for AT&T in the last year. There are currently 1 sell rating, 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.
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16 analysts have issued twelve-month price targets for AT&T's stock. Their T share price forecasts range from $17.00 to $28.00. On average, they predict the company's stock price to reach $21.89 in the next year. This suggests a possible upside of 34.2% from the stock's current price.
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AT&T's stock was trading at $18.41 at the beginning of the year. Since then, T shares have decreased by 11.4% and is now trading at $16.31.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, July 20th 2023.
View our T earnings forecast.

AT&T Inc. (NYSE:T) posted its quarterly earnings results 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 analysts' expectations of $30.22 billion. AT&T had a positive trailing twelve-month return on equity of 15.47% and a negative net margin of 7.52%. AT&T's quarterly revenue was up 1.4% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.77 earnings per share.
Read the conference call transcript.

AT&T declared a quarterly dividend on Friday, March 31st. Investors 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 annualized dividend and a yield of 6.81%. The ex-dividend date is Thursday, April 6th.
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 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).

AT&T (NYSE:T) pays an annual dividend of $1.11 per share and currently has a dividend yield of 6.71%. 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.

AT&T updated its FY 2023 earnings guidance on Thursday, April, 20th. The company provided earnings per share (EPS) guidance of $2.35-$2.45 for the period, compared to the consensus estimate of $2.44. The company issued revenue guidance of -.

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 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.

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 $16.31.

AT&T (NYSE:T) has a market capitalization of $116.60 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.

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.