T - AT&T Inc.
| Previous Close | 30.120 |
| Open | 30.070 |
| Bid | 30.150 x 1800 |
| Ask | 30.160 x 800 |
| Day's Range | 29.950 - 30.317 |
| 52 Week Range | 28.850 - 39.330 |
| Volume | 7,306,672 |
| Avg. Volume | 35,461,423 |
| Market Cap | 220.414B |
| Beta (3Y Monthly) | 0.46 |
| PE Ratio (TTM) | 5.92 |
| EPS (TTM) | 5.117 |
| Earnings Date | Jan 30, 2019 |
| Forward Dividend & Yield | 2.00 (6.52%) |
| Ex-Dividend Date | 2018-10-09 |
| 1y Target Est | 34.48 |
- Reuters•17 minutes ago
U.S. judge temporarily restores White House press pass to CNN's Acosta
A U.S. judge on Friday temporarily restored White House press credentials to CNN correspondent Jim Acosta, which were revoked following a contentious press conference with President Donald Trump, saying ...
- MarketWatch•21 minutes ago
CNN wins court order restoring Jim Acosta's White House access
CNN has won a court order restoring the access of its White House reporter Jim Acosta. The judge in the case granted a temporary order for Acosta's credentials to be reinstated. The network, owned by AT&T , sued the White House after Acosta's credentials were revoked following a testy news conference with President Donald Trump.
- Market Realist•21 minutes ago
AT&T’s Stock Performance: What You Need to Know
AT&T’s (T) closing price on November 13 was $30.33 per share. Based on that closing price, AT&T has a market capitalization of $220.7 billion—the second-highest among major US wireless carriers. The stock is trading 5.1% above its 52-week low of $28.85 per share and 22.9% below its 52-week high of $39.33 per share.
- CNBC•26 minutes ago
Judge orders Trump administration to restore CNN reporter Jim Acosta's White House press pass
A federal judge on Friday grants CNN's request for a court order that would temporarily reinstate network correspondent Jim Acosta's White House press pass. CNN's legal challenge comes in response to the Trump administration's decision last week to yank Acosta's "hard pass," which gave him access to the White House grounds, after Acosta clashed with the president at a news conference earlier that day. A federal judge on Friday granted CNN's request for a court order that would temporarily reinstate network correspondent Jim Acosta's White House press pass, which had been suspended indefinitely in the wake of a fiery exchange between the reporter and President Donald Trump a week earlier.
Market Realist•1 hour agoVerizon Implements Cost-Saving Measures to Boost Profits
Verizon (VZ), the largest wireless carrier in the United States, is on track to hit its target of generating $10 billion in cumulative cash savings from its operations by 2021. The telecom company’s cost-cutting initiative includes zero-based budgeting, which has resulted in $1.3 billion of cumulative cash savings on a YTD basis. Verizon’s Voluntary Separation Program is also one of the company’s initiatives to cut costs.
- Market Realist•2 hours ago
AT&T: Wall Street Recommendations and Price Targets
According to data compiled by Reuters as of November 13, 53% of the 32 analysts covering AT&T (T) stock have given it a “hold” rating. Only 38% of analysts have given the stock “buy” ratings while the remaining 9% have maintained a bearish view on the stock with “sell” ratings.
- Market Realist•3 hours ago
Keeping Up with the Changes in AT&T’s Valuation
As of November 13, AT&T’s (T) market capitalization was $220.7 billion, making it the second-largest US wireless carrier. Verizon (VZ) had a market capitalization of $242.4 billion, T-Mobile (TMUS) had $58.0 billion, and Sprint (S) had $25.3 billion.
- Market Realist•3 hours ago
Facebook Seeking More Value for Its Money in Oculus
In March 2014, Facebook (FB) announced a deal to acquire virtual reality systems developer Oculus for $2.0 billion, a huge investment for a company that had just gone public two years earlier. The acquisition of Oculus was viewed as an attempt by Facebook to broaden its revenue streams. In the third quarter of 2018, Facebook’s revenue from non-advertising operations was $188 million, a decline of 20.7% in four years.
Market Realist•3 hours agoDisney to Launch Disney+ Streaming Service in 2019
Amid the growing popularity of online video streaming services, the Walt Disney Company (DIS) is set to launch its Disney-based streaming DTC (direct-to-consumer) service, Disney+, in US markets in late 2019. The service will offer original content under five banners: original Disney, Pixar, Marvel, Star Wars, and National Geographic.
- American City Business Journals•19 hours ago
Major League Baseball signs seven-year extension with Fox worth $5.1B
Major League Baseball has signed a seven-year media rights renewal with Fox Sports that sources say is worth $5.1 billion, or $728.6 million per year. The deal formally was announced at the MLB owners meetings in Atlanta today. The deal, which keeps MLB tied to Fox and FS1 through 2028, looks much like Fox’s current deal, in part, because that was all MLB could sell as its other media packages are not up.
GuruFocus.com•20 hours ago3 High Forward Dividend Yield Telecom Stocks
Shareholders of the following telecommunication companies are receiving a compelling forward dividend yield, one that is beating the dividend yield of the S&P 500 index by over 200%. The dividend yield of the index is 1.94% as of Wednesday. The forward dividend yields of the following stocks are based on their share prices at market close on Wednesday.
- American City Business Journals•20 hours ago
AT&T CFO shows he’s unafraid of DOJ appeal
AT&T’s top financial executive doesn’t seem worried about the court appeal of its Time Warner acquisition – even if there were some unwanted headlines of late. “Quite frankly, we’re very confident that the decision … (will) be upheld,” Chief Financial Officer John Stephens said at a Morgan Stanley conference this week. Oral arguments in the appeal are set to commence in December. Stephens made his comments after AT&T took some heat on the matter in recent weeks.
- Zacks•23 hours ago
FCC Steps Up 5G Push With First High-Band Spectrum Auction
The Federal Communications Commission is pursuing a comprehensive strategy to implement the 5G FAST Plan.
Market Realist•yesterdayHow AT&T Is Getting Ready for 5G
AT&T (T) is on track to be the first wireless service provider to roll out mobile 5G (fifth-generation) service in the United States over the next few weeks. The telecom company is planning to launch 5G in parts of 12 cities by the end of 2018.
Market Realist•yesterdayWhy AT&T Is Gaining Prepaid Customers
Now let’s take a look at AT&T’s (T) prepaid customer net addition trend over the past few quarters. The telecom company’s prepaid subscribers rose ~11.6% year-over-year (or YoY) to reach 16.9 million by the end of September 30. AT&T added a total of 570,000 net prepaid customers in the third quarter, with strength coming from the Cricket brand. Meanwhile, the company had gained 324,000 net prepaid customers in the third quarter of 2017. AT&T’s prepaid subscriber growth was relatively high among the top US wireless service providers.
Market Realist•yesterdayCan AT&T Deliver with Its Ambitious Deleveraging Plan?
At the end of the third quarter, AT&T’s (T) short-term debt was $14.9 billion while its long-term debt was $168.5 billion, bringing its total debt to $183.4 billion. Meanwhile, AT&T’s total debt was $164.3 billion at the end of December 31, 2017. The company’s debt increased significantly due to the acquisition of Time Warner in mid-June.
Market Realist•yesterdayHow Blockbuster Movies Are Pushing Up Disney’s Studio Revenue
In the fourth quarter of fiscal 2018, the Walt Disney Company’s (DIS) studio revenue rose more than 50% YoY (year-over-year) to $2.2 billion. Its operating income rose more than 100% YoY to $596 million.
Market Realist•yesterdayMarket Uncertainty: President Trump Faces More Scrutiny
In the November mid-term election, the Republicans lost their House majority to the Democrats. Notably, Adam Schiff, the incoming House Intelligence Committee chairman, said in an interview with Axios that Democrats intend to probe whether President Trump used “the instruments of state power to punish Jeff Bezos and The Washington Post.” Jeff Bezos, Amazon’s (AMZN) CEO, owns The Washington Post and has been critical of President Trump’s policies.
- PR Newswire•yesterday
AT&T Invests Nearly $35 Million Over 3-Year Period to Boost Local Networks in Brownsville
BROWNSVILLE, Texas, Nov. 15, 2018 /PRNewswire/ -- At AT&T1, we've invested nearly $35 million in our Brownsville wireless and wired networks during 2015-2017. "Reliable and secure wireless connections are driving changes and innovation and are vital for a community's economic growth and stability," said J.D. Salinas, AT&T Regional Vice President, External Affairs.
Bloomberg•yesterdayAT&T Can Afford Its Dividend ... for Now
AT&T is now at an inflection point. It could be that CEO Randall Stephenson’s debt-fueled transformation of the wireless carrier into a media giant proves an auspicious strategy, as more of our time is spent streaming video content on wireless devices. The test is whether AT&T can stabilize revenue, profit margins and subscriber numbers — the DirecTV division being the most problematic area — as it refinances an enormous amount of debt (likely at higher rates) while pumping investment dollars into a 5G high-speed network.
Bloomberg•yesterdayAT&T Can Afford Its Dividend ... for Now
AT&T is now at an inflection point. It could be that CEO Randall Stephenson’s debt-fueled transformation of the wireless carrier into a media giant proves an auspicious strategy, as more of our time is spent streaming video content on wireless devices. The test is whether AT&T can stabilize revenue, profit margins and subscriber numbers — the DirecTV division being the most problematic area — as it refinances an enormous amount of debt (likely at higher rates) while pumping investment dollars into a 5G high-speed network.
Bloomberg•yesterdayAT&T Can Afford Its Dividend ... for Now
AT&T is now at an inflection point. It could be that CEO Randall Stephenson’s debt-fueled transformation of the wireless carrier into a media giant proves an auspicious strategy, as more of our time is spent streaming video content on wireless devices. The test is whether AT&T can stabilize revenue, profit margins and subscriber numbers — the DirecTV division being the most problematic area — as it refinances an enormous amount of debt (likely at higher rates) while pumping investment dollars into a 5G high-speed network.
- Motley Fool•yesterday
3 Dividend Stocks Ideal for Retirees
If you're looking for a solid income stream to complement Social Security and saving, check out these three great dividend stocks.
- Business Wire•2 days ago
CORRECTING and REPLACING John Stephens, AT&T Chief Financial Officer, Provides Update at Morgan Stanley Conference
Ninth bullet, insert fourth sentence: The company has found that its market share increases the longer its fiber offerings have been available – up to about 50% market share after 3 years. John Stephens, AT&T chief financial officer, spoke today at the Morgan Stanley European Technology, Media & Telecommunications conference in Barcelona. Stephens reiterated the company’s guidance for 2018.
- The Wall Street Journal•2 days ago
[$$] Once-Worthless Radio Waves Get New Life in Spectrum Auction
Government officials will test that thinking this month by selling some once-barren tracts of that virtual real estate in the upper reaches of the wireless spectrum. The Federal Communications Commission will begin the first of two auctions for extremely high-frequency spectrum licenses on Wednesday, raising cash from a type of radio wave once considered useless for wireless service. Recent technological advances have made those frequencies more useful, and officials are counting on the spectrum sales to kick-start the first offerings of fifth-generation, or 5G, wireless service.
