Key Details
Price
$22.68Last Dividend
$0.28Annual Revenue
$122.43 BAnnual EPS
$1.97Annual ROE
12.75%Beta
-0.14Events Calendar
Next earnings date:
Jan 27, 2025Recent quarterly earnings:
Oct 23, 2024Recent annual earnings:
Jan 24, 2024Next ex-dividend date:
Jan 10, 2025Recent ex-dividend date:
Oct 10, 2024Next split:
N/ARecent split:
Apr 11, 2022Analyst ratings
Recent major analysts updates
Market Data
Dividend
Profitability
Efficiency
Valuation
Liquidity
Cash Flow
Institutional Ownership
Investors frequently rely on advice from Wall Street analysts when deciding whether to Buy, Sell, or Hold a stock. Although news about changes in ratings from these analysts can influence a stock's price, it's worth questioning how significant these recommendations truly are.
AT&T's stock rose significantly in the second half of 2024, doing much better than the market and competitors like VZ. Despite this, I am changing my recommendation to Sell. I will explain my reasons for this decision.
In 2024, Verizon's stock has increased by 6%, while AT&T's stock has risen by 36%. This difference is due to investors paying more attention to the combination of fiber broadband and wireless services.
Some investors concentrate on growth, while others look for stocks that provide passive income.
AT&T announced on Saturday that its U.S. networks are now secure after the Salt Typhoon cyberespionage operation, which is linked to China, targeted its systems. The company is collaborating with law enforcement and government officials to address the situation. This was AT&T's first confirmation of the attacks.
AT&T's recent drop in stock price presents a chance to buy, backed by significant growth in Fiber Broadband and a positive forecast for free cash flow. The company plans to expand its Fiber network, increasing the number of Fiber-ready locations from 29 million in 2024 to more than 50 million by 2029. Additionally, AT&T's free cash flow is expected to rise by $1 billion each year until 2027, which will support dividends, stock buybacks, and overall financial stability.
AT&T (T) has been getting a lot of interest from users on Zacks.com recently. It's important to understand the factors that could affect the future of the stock.
In the most recent trading session, AT&T (T) finished at $22.84, which is an increase of 0.4% compared to the previous day.
AT&T Fiber is increasing options for combined services. They are working on lowering their debt and increasing their free cash flow. However, there is a decrease in demand for traditional voice and data services in the business wireline sector.
AT&T's stock has risen around 35% this year, providing investors with impressive returns after facing difficulties for several years. The company's unsuccessful attempts to become a media giant, which led to significant debt from expensive purchases, have mostly been reversed.
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