T - AT&T Inc.

NYSE - NYSE Delayed Price. Currency in USD
+0.14 (+0.36%)
At close: 4:04PM EST
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Previous Close38.38
Bid0.00 x 4000
Ask0.00 x 3200
Day's Range38.18 - 38.64
52 Week Range28.92 - 39.70
Avg. Volume29,459,643
Market Cap281.389B
Beta (5Y Monthly)0.59
PE Ratio (TTM)17.27
EPS (TTM)2.23
Earnings DateJan 28, 2020
Forward Dividend & Yield2.08 (5.40%)
Ex-Dividend DateJan 07, 2020
1y Target Est38.98
  • Netflix Assures Investors It Can Handle Onslaught of Competitors

    Netflix Assures Investors It Can Handle Onslaught of Competitors

    (Bloomberg) -- Netflix Inc. is facing the toughest year in its history in terms of new streaming competition, but the company says it’s ready.With technology and media giants such as Apple Inc., AT&T Inc., Comcast Corp. and Walt Disney Co. all bringing new video platforms online, Netflix is working to keep customers loyal with a flood of shows and movies. The company plans to boost its spending by 20% this year, bringing its programming budget to about $12 billion on a profit-and-loss basis.“We view our big long-term opportunity as big and unchanged,” Chief Executive Officer Reed Hastings said during a pretaped recap of its fourth-quarter earnings, released Tuesday.Netflix climbed as much as 4.3% in late trading after delivering generally upbeat results, with overseas growth helping offset a slowdown at home. Though the company expects to add fewer subscribers in the current quarter than Wall Street projected, it said there’s “ample room for many services to grow.”Netflix investors have been grappling with whether the company’s days of reliable growth are over. The company added fewer customers in 2019 than it did in 2018, and its increase in the U.S. and Canada decelerated by more than 3 million. In posting the results Tuesday, Netflix said price hikes and a growing array of options have made it harder to attract customers.It’s only going to get tougher. Apple’s TV+ and the Disney+ platform both launched in the U.S. during November, enticing consumers with lower-cost services, while AT&T’s HBO Max and Comcast’s Peacock are both coming online in the next few months.All those competitors are likely to slow customer additions and increase the number of existing customers who cancel Netflix.Against that backdrop, Netflix posted its weakest year of domestic subscriber growth since it first broke out its online service from the company’s traditional DVD-by-mail business in 2011. Netflix is projecting a gain of 7 million paid subscribers worldwide in the first quarter, short of the 7.82 million estimate.“We are working hard to improve our service to combat these factors,” it said in a letter to shareholders.Staying the CourseBut the Los Gatos, California-based company argues that its strategy is still sound, and competition shouldn’t cause it to change course. Losing popular shows such as “Friends” to its new rivals has had no impact on viewership so far. Netflix subscribers are just finding other shows to watch, Chief Content Officer Ted Sarandos said.For proof, Netflix can point to its global growth in the latest quarter. The company added 8.76 million customers in the period, compared with forecasts of 7.65 million. Hastings described them as “amazing numbers.”Netflix has pinned its future potential on growth outside the U.S., where it doesn’t yet face the same level of competition. Europe and Latin America have been the company’s engine in the past couple years, and continued to serve that role in the fourth quarter. Netflix added 4.4 million customers in Europe, bringing its overall total to almost 52 million, and another 2.04 million customers in Latin America.Non-English ShowsNetflix plans to release more than 100 seasons of local language programming next year. Though its biggest global hits are mostly English-language shows such as “Stranger Things” and “The Witcher,” its most popular programs in many territories are in other languages, like Spain’s “Casa de Papel.” The company is also experimenting with different pricing plans in Asia.Netflix has borrowed billions to fund all that programming, and its long-term debt stands at almost $15 billion. But the company said this past year will mark the high-water mark in terms of its cash burn. Earnings of $1.30 a share also handily beat analyst estimates of 30 cents, lifted by a tax benefit.Investors weren’t sure what to make of Netflix’s results at first. The shares had dropped as much as 3% to $327.97 in extended trading before rebounding. The company’s shares climbed 4.5% so far this year before the close.“After several years of unchecked dominance in the U.S. streaming-video industry, Netflix faces high-profile new streaming rivals,” Geetha Ranganathan, a Bloomberg Intelligence analyst, said in a report. “Yet the breadth of its content and a compelling value proposition will make it hard for new entrants like Disney+ to unseat the company.”(An earlier version of the story corrected a quarterly financial comparison.)To contact the reporter on this story: Lucas Shaw in Los Angeles at lshaw31@bloomberg.netTo contact the editors responsible for this story: Nick Turner at nturner7@bloomberg.net, John J. Edwards IIIFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • Netflix Beats Expectations and The Street Is Not Impressed

    Netflix Beats Expectations and The Street Is Not Impressed

    Netflix needs to continue producing quality content to remain a streaming necessity

  • Reuters

    CORRECTED-Animated British royal comedy 'The Prince' to make debut on HBO Max

    Animated versions of Britain's Prince Harry and his wife Meghan Markle will have supporting roles in a British royal family satire that will make its debut on AT&T Inc's HBO Max streaming video service, the company said on Tuesday. The show was inspired by Janetti's Instagram account with close to a million followers, and explores the life of British royalty through the eyes of six-year-old Prince George, the oldest child of Prince William and Kate Middleton. Queen Elizabeth II and Prince George's parents also will be characters - with actors doing their voices of course.

  • Einhorn Short Target Netflix Soars Despite Low US Subscriber Growth

    Einhorn Short Target Netflix Soars Despite Low US Subscriber Growth

    Company reports fourth-quarter earnings as US streaming wars pick up steam Continue reading...

  • Barrons.com

    A ‘Contrarian’ Investor Bought Up AT&T Stock. Here’s What It Sold.

    AT&T stock topped the S&P 500 in 2019, but Tocqueville Asset Management sees even more upside, buying more than a quarter million more shares in aggregate in the fourth quarter. Apple, Microsoft and Amazon are “much less contrarian” now.

  • Is T-Mobile Stock A Buy? Here's What To Look For If Sprint Merger Fails
    Investor's Business Daily

    Is T-Mobile Stock A Buy? Here's What To Look For If Sprint Merger Fails

    T-Mobile stock is consolidating as the proposed Sprint merger’s fate remains unclear. Here is what a fundamental and technical analysis says about buying stand-alone T-Mobile sans Sprint.

  • Investopedia

    Tough Year Ahead for Netflix Shareholders

    Netflix, Inc. (NFLX) has to prove that it can prosper in the expanding streaming war after Dow components The Walt Disney Company (DIS) and Apple Inc. (AAPL) fired up new services in the fourth quarter. Nervous Netflix shareholders hope that Tuesday's post-market earnings release takes a giant leap in that direction, with Wall Street analysts now expecting earnings per share (EPS) of $0.53 on fourth quarter revenues of $5.45 billion. There's little doubt that Netflix can find a comfortable niche within this growing competition, but its torrid growth rate may have topped out in 2019, and the stock can no longer sustain the still-lofty price-to-earnings (P/E) ratio of 109.

  • Ad-Supported Streaming Services to Gain Momentum in 2020

    Ad-Supported Streaming Services to Gain Momentum in 2020

    Ad-supported streaming services like Comcast's Peacock and Disney's Hulu among others are well poised to gain momentum in 2020.

  • Benzinga

    Netflix Acquires Rights To Stream Ghibli Anime Internationally

    The Ghibli anime will be available on the Netflix platform across the world, except the United States, Canada, and Japan, Netflix announced Monday. In a first, AT&T Inc.'s (NYSE: T) subsidiary WarnerMedia acquired the rights to stream all Ghibli content in the U.S., October last year, for its HBO Max streaming service.

  • Barrons.com

    It’s Time for Netflix to Consider Ads, Investor Says

    A portfolio manager says the time has come for Netflix to consider an advertising-supported version of its popular streaming service.

  • Netflix Q4 Earnings Preview: Time for Investors to Worry About NFLX Stock?

    Netflix Q4 Earnings Preview: Time for Investors to Worry About NFLX Stock?

    Netflix is set to report its Q4 fiscal 2019 earnings results after the closing bell on Tuesday, January 21. The streaming TV giant's stock price has climbed over the last several months but Wall Street is worried about Netflix's growing competition...

  • Netflix Is Up To Bat This Q4 Earnings Season

    Netflix Is Up To Bat This Q4 Earnings Season

    Subscriber growth is going to be a crucial metric toNFLX's December quarter report is released

  • Apple Welcomes Julia Louis-Dreyfus to TV+ Streaming Projects

    Apple Welcomes Julia Louis-Dreyfus to TV+ Streaming Projects

    The collaboration with Louis-Dreyfus is likely to provide an impetus to Apple's (AAPL) original content expansion strategy to penetrate the increasingly crowded streaming space.

  • Comcast's Peacock Set for Launch With Free Subscription

    Comcast's Peacock Set for Launch With Free Subscription

    Comcast Corporation (CMCSA) announces multi-tiered pricing strategy for its new Peacock streaming service including ad-based free subscription offering slated for launch in April.

  • Here's what dominated Wikipedia's most-read articles last year
    Yahoo Finance

    Here's what dominated Wikipedia's most-read articles last year

    The online encyclopedia showcases just how powerful Hollywood can be, with nearly all of its top 10 stories connected to the entertainment industry.

  • Barrons.com

    Big Buys of Intel, AT&T, and Facebook Stock by Norway’s Biggest Bank

    DnB nearly tripled its investment in Intel stock in the fourth quarter. The bank also sold nearly half of its stake in AMD stock.

  • This basket of dividend growth stocks can help your portfolio stand out in 2020

    This basket of dividend growth stocks can help your portfolio stand out in 2020

    These stocks have low price-to-earnings valuations relative to the S&P 500 that also appear likely to continue raising their dividend payouts more quickly than the broad market.

  • Why Nvidia (NVDA) Stock is a Strong Buy Ahead of 2020 Chip Growth

    Why Nvidia (NVDA) Stock is a Strong Buy Ahead of 2020 Chip Growth

    Nvidia shares have soared roughly 60% in the last year as part of a broader semiconductor market climb that has come despite an overall sales and earnings downturn. So is now the time to buy NVDA stock?

  • TheStreet.com

    Using Technical Analysis: Cramer's 'Mad Money' Recap (Friday 1/17/20)

    No matter how pessimistic the stock market gets, one thing remains true, Jim Cramer told his Mad Money viewers Friday. Cramer dedicated all of Friday's episode to the art and science of technical analysis, picking the best charts from his weekly "Off the Charts" segment and analyzing even closer. Cramer said it's because charts are like the footprints at the scene of the crime, clues to what the big money managers are likely thinking.

  • How Comcast's new streaming service measures up to AT&T's HBO Max
    American City Business Journals

    How Comcast's new streaming service measures up to AT&T's HBO Max

    Analysts say Comcast's Peacock "didn’t seem as compelling" as the offerings for HBO Max.

  • 7 5G Stocks to Connect Your Portfolio To

    7 5G Stocks to Connect Your Portfolio To

    [Editor's note: "7 5G Stocks to Connect Your Portfolio To" was previously published in November 2019. It has since been updated to include the most relevant information available.]I have discussed the importance of various 5G stocks to buy before, but, of course, such a notion is nothing new. This latest telecom innovation represents a shift in the industry. Major players and even government bodies have pushed for 5G integration. But to truly understand the phenomenon behind 5G stocks, we should look back in time to the 4G upgrade.It's been more than a decade since the first 4G handset hit U.S. retail stores. Back then, we witnessed the same challenges that we must address today; namely, the lack of viable networks.InvestorPlace - Stock Market News, Stock Advice & Trading TipsHowever, the massive increase in data transmission speeds made efforts to overcome the challenges worthwhile. For instance, some early 4G networks download speeds of 100Mbps, substantially greater than an average 3G download speed of 2Mbps. That's the allure of 5G stocks.Moreover, think about the amazing technologies that either sprouted or were improved via 4G's introduction. For example, we take for granted today that we can hail a ride through Uber (NYSE:UBER) or Lyft (NASDAQ:LYFT). But the viability of this platform was really only possible through the 4G network. The same can be said about mobile streaming on services such as Netflix (NASDAQ:NFLX). * 7 Large-Cap Stocks to Give a Wide Berth In other words, 5G doesn't just offer an industry from which to pick stocks to buy. Instead, this technology enables other technologies to flourish. It's a force-multiplier, one that comes around only once every several years.With that, here are my seven picks for 5G stocks to buy: AT&T (T)Source: Lester Balajadia / Shutterstock.com AT&T (NYSE:T) is a name that almost everyone is familiar with. However, it doesn't get much love as a candidate for stocks to buy. Even though T stock represents an iconic brand, the underlying company has unprecedented debt levels from expensive acquisitions.Even worse, those acquisitions apparently aren't gaining satisfactory traction. Of course, I'm referring to the $85 billion Time Warner acquisition. Initially, AT&T bought the company on hopes of original content strength and streaming revenue opportunities. However, fears of AT&T cannibalizing itself has put off some investors from T stock.But with all due respect, I think this perspective is shortsighted, as signified by the recent AT&T rally. I believe AT&T is one of the best 5G stocks to buy. With the coming network rollout, it's not just about technological prowess; instead, the rollout will require massive resources and wide-ranging telecom assets.Few names have the capacity to integrate 5G competently. Although it has some big issues, T stock is one of those players. Qualcomm (QCOM)Source: Shutterstock Under almost any other circumstance, Qualcomm (NASDAQ:QCOM) would easily qualify as one of the best 5G stocks to buy. Thanks to its next-generation chips, Qualcomm has an early head start on this transformative telecom innovation. That right there is a good enough reason to seriously consider QCOM stock.However, legal troubles with Apple (NASDAQ:AAPL) have cast a dark cloud over QCOM stock.Typically, semiconductor firms sell licenses of their core technologies, but Qualcomm charges royalties on top of innovations that are only loosely associated with the initial license.After settling the suit last year, Qualcomm added about 50% to its stock price and has since marched steadily upward. * 10 Cheap Stocks to Buy Under $10 As I have argued in the past, tech firms have ceased to exist in a vacuum. Instead, we're in a tech cold war for future digital dominance. Therefore, I believe the future is bright for QCOM stock because, well, it has to be. Micron (MU)Source: Shutterstock Speaking of vacuums, the 5G industry itself doesn't ply its trade in isolation. Instead, you see natural synergies and partnerships to help make the most of the tech in the shortest time possible. That's why on your shopping list of 5G stocks to buy, you shouldn't overlook Micron Technology (NASDAQ:MU) and MU stock.Earlier this year, Micron and Qualcomm announced a partnership to develop 5G-enabled autonomous driving platforms. This is a great example of the far-reaching impact of 5G technologies. With exponentially faster transmission speeds, autonomous vehicles can more quickly transition from concept to reality. Additionally, 5G speeds should make such AVs safer as they can react to dynamic conditions or dangers.Another plus for MU stock is the geopolitical environment. Micron of all companies on my list of stocks to buy recognizes the economic threat that is China. After suffering sometimes brazen acts of corporate espionage, Micron realizes that American tech firms haven't played on equal ground with the Asian juggernaut.But thanks to the no-nonsense Trump administration, MU stock has some executive support. Moving forward, I like that measure of confidence. Nvidia (NVDA)Source: Shutterstock If you're a hardcore gamer, you typically associate Nvidia (NASDAQ:NVDA) with its gaming-centric graphics processors.However, the semiconductor firm has evolved into a comprehensive tech umbrella, providing solutions with data science, artificial intelligence, and deep learning. But what does this have to do with 5G stocks to buy?Simply, we're moving to a point now where no tech innovation occurs in isolation. Prior to 4G, most computerized solutions focused on data analytics and big data. But with 4G's data-transmission speed upgrade, engineers were able to realize multiple AI applications, such as AVs and other automated platforms. Since Nvidia leads in these innovations, NVDA stock provides attractive exposure. * 9 Up-and-Coming Small-Cap Stocks to Watch But with 5G, several industries are looking to take the next step in automation. In many cases, this means that companies are looking to replace human operators with AI-driven systems.Of course, such a notion is further out on the horizon. Still, I'd keep NVDA stock on my must-watch list, especially since shares are currently deflated relative to their all-time highs. Xilinx (XLNX)It's a theme that consistently runs throughout 5G stocks: no one player owns the entire 5G supply chain. Thus, part of the problem regarding the next-gen telecom rollout is the broader lack of equipment upgrades.Simply put, 5G requires multiple components, from the network down to the chips used to facilitate data transmissions.While it might not be a household name, 5G investors should check out Xilinx (NASDAQ:XLNX) and XLNX stock.For one thing, the company has introduced a groundbreaking chipset that covers the entire sub-6 GHz spectrum. This is essentially the radio frequency that makes 5G possible.Second, several 5G players already use Xilinx chips. That number will surely rise as the rollout deepens. Furthermore, Xilinx will likely pick up additional clients, making XLNX stock an attractive proposition.Finally, Xilinx offers critical solutions in growing and lucrative markets such as AI and data centers. Thus, no matter what happens with 5G, XLNX stock will likely benefit from robust demand. Ericsson (ERIC)Without any historical context, 5G investors would probably peg Ericsson (NASDAQ:ERIC) as one of their top stocks to buy.After all, Ericsson provides the communications equipment that makes the 5G rollout practically accessible. Therefore, ERIC stock is an easy buy.Of course, Ericsson's long-term price chart tells a different tale. During the tech bubble of the late 1990s to early 2000s, ERIC stock was a legitimate three-digit security. As we all know, the bursting of that bubble deflated virtually all tech players.Later, ERIC stock peaked around the $20 level before collapsing during the last major housing crisis and the Great Recession. With shares currently trading hands at under $10, I can understand the hesitation regarding holding the bag. * 4 Energy Stocks to Power the New Year However, Ericsson does have a major geopolitical tailwind in the form of the U.S.-China trade war. With Huawei at least temporarily out of the picture, Ericsson has an opportunity to take advantage. This is one of the riskier propositions among 5G stocks to buy. But if you can stomach it, ERIC stock offers an intriguing opportunity. Semtech (SMTC)Analog and mixed-signal semiconductor supplier Semtech (NASDAQ:SMTC) offers natural exposure to 5G, along with other lucrative segments like the Internet of Things, data centers, and mobility. That said, SMTC stock has seen better days. Shares enjoyed a solid start to the year before negative earnings revisions for the year attracted volatility.However, I believe the nearer-term volatility in SMTC stock is just a blip on the radar. For one thing, Semtech features very stable financials. It has a relatively small debt load relative to its cash holdings.Moreover, Semtech has delivered consistently positive earnings, leading to an equally consistent free cash flow. Thus, the company can respond to fresh opportunities without worrying about the financial impact.Second, the 5G network is bound to grow in both scope and complexity. Not only are individual companies racing for an edge, so too are countries. Such dynamics provide a pathway to profitability for SMTC stock, making the nearer-term noise just that: noise.As of this writing, Josh Enomoto was long T stock. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 9 Retail Stocks Goldman Sachs Says Are Ready to Rip * 7 Services Stocks to Buy for the Rest of 2019 * 6 Stocks to Buy and 1 to Sell Based on Insider Trading The post 7 5G Stocks to Connect Your Portfolio To appeared first on InvestorPlace.

  • Here are the most read Wikipedia articles of 2019
    Yahoo Finance Video

    Here are the most read Wikipedia articles of 2019

    Wikipedia's top articles of 2019 include blockbuster movies, up-and-coming musicians, real life events and more. Yahoo Finance's Alexandra Canal breaks it down. Zack Guzman, Brian Cheung, and Netflix Co-Founder Marc Randolph also join in on the conversation.

  • Netflix Co-Founder: I don't think NFLX feels threatened by any streaming entries
    Yahoo Finance Video

    Netflix Co-Founder: I don't think NFLX feels threatened by any streaming entries

    NBC unveiled the pricing details for its streaming service Peacock. Netflix Co-Founder & former CEO Marc Randolph speaks with Yahoo Finance's Zack Guzman and Brian Cheung on YFi PM about how Netflix stacks up amid growing competition in the streaming space.

  • NBC’s ‘Peacock’ platform offers ad-free, $4.99 option
    Yahoo Finance Video

    NBC’s ‘Peacock’ platform offers ad-free, $4.99 option

    Comcast announced details of its new streaming platform, Peacock, which will offer a free, ad supported version on the platform. Wedbush Securities Managing Director of Equity Research Dan Ives joins On The Move to discuss.

  • NBC’s Peacock streaming service to be ad free
    Yahoo Finance Video

    NBC’s Peacock streaming service to be ad free

    NBC unveiled details about its new streaming service, Peacock, which is expected to be available in July 2020. Yahoo Finance’s On The Move panel discusses how it will compete with other streaming services already available.