T - AT&T Inc.
32.00 -0.03 (-0.09%)
After hours: 5:09PM EDT
| Previous Close | 31.95 |
| Open | 31.95 |
| Bid | 31.99 x 800 |
| Ask | 32.04 x 27000 |
| Day's Range | 31.85 - 32.10 |
| 52 Week Range | 26.80 - 35.33 |
| Volume | 22,952,156 |
| Avg. Volume | 30,668,208 |
| Market Cap | 233.325B |
| Beta (3Y Monthly) | 0.82 |
| PE Ratio (TTM) | 11.24 |
| EPS (TTM) | 2.85 |
| Earnings Date | Apr 24, 2019 |
| Forward Dividend & Yield | 2.04 (6.51%) |
| Ex-Dividend Date | 2019-04-09 |
| 1y Target Est | 33.85 |
- Engadget•21 hours ago
DC Universe scales back 'Swamp Thing' over 'creative differences'
Not all is well in DC Universe's rapidly growing... well, universe. Hollywood Reportersources say Warner Bros. Television (part of the service's parent WarnerMedia) has cut its initial order for Swamp Thing from 13 episodes to 10 after running into "creative differences" with DC. It would still debut on May 31st -- DC has provided a teaser, shown below -- but the season wouldn't be as sprawling as originally planned.
- ACCESSWIRE•53 minutes ago
LEAD PLAINTIFF DEADLINE ALERT: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses Exceeding $500,000 In AT&T Inc. To Contact The Firm
NEW YORK, NY / ACCESSWIRE / April 18, 2019 / Faruqi & Faruqi, LLP, a leading national securities law firm, reminds investors in AT&T Inc. (''AT&T'' or the ''Company'') (NYSE:T) of the May 31, 2019 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company. If you invested in AT&T common stockpursuant or traceable to the Securities and Exchange Commission (''SEC'') S-4registration statement and prospectus issued in connection with AT&T's June2018 acquisition of and merger with Time Warner or purchased or otherwiseacquired securities between October 22, 2016 and October 24, 2018 and would like to discuss your legal rights, click here: www.faruqilaw.com/T. Thereis no cost or obligation to you.
- American City Business Journals•2 hours ago
'Game of Thrones' is now an AT&T experience in Chicago
The telecommunications company is has recreated the world of the widely-watched television show in its flagship Chicago outpost.
- ACCESSWIRE•2 hours ago
SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in AT&T, Inc. of Class Action Lawsuit and Upcoming Deadline - T
NEW YORK, NY / ACCESSWIRE / April 18, 2019 / Pomerantz LLP announces that a class action lawsuit has been filed against AT&T, Inc. ("AT&T" or the "Company") (NYSE: T) and certain of ...
- ACCESSWIRE•2 hours ago
The Klein Law Firm Reminds Investors of Class Actions on Behalf of Shareholders of T, AMRN and UMC
NEW YORK, NY / ACCESSWIRE / April 18, 2019 / The Klein Law Firm announces that class action complaints have been filed on behalf of shareholders of the following companies. If you suffered a loss you have ...
- Market Realist•2 hours ago
Verizon Has Launched a Smartphone Plan for Kids
How Verizon and AT&T Are Battling It Out This Month(Continued from Prior Part)Verizon wants parents to have peace of mind This month, Verizon (VZ) launched a special smartphone plan just for kids, describing it as a first from a major wireless
- GlobeNewswire•2 hours ago
SHAREHOLDER ALERT: Pawar Law Group Announces a Securities Class Action Lawsuit Against AT&T Inc. – T
NEW YORK, April 18, 2019 -- Pawar Law Group announces that a class action lawsuit has been filed on behalf of AT&T Inc. (NYSE: T) shareholders who: (a) acquired AT&T.
- ACCESSWIRE•3 hours ago
DEADLINE RAPIDLY APPROACHING: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against AT&T Inc. and Encourages Investors with Losses in Excess of $500,000 to Contact the Firm
LOS ANGELES, CA / ACCESSWIRE / April 18, 2019 / The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against AT&T Inc. ("AT&T" or "the Company") (NYSE: T) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who acquired the Company's shares pursuant to its Registration Statement issued in connection with AT&T's acquisition of Time Warner in June 2018, or purchased the Company's shares between October 22, 2016 and October 24, 2018, inclusive (the ''Class Period''), are encouraged to contact the firm before May 31, 2019.
- Market Realist•4 hours ago
Music Takes Center Stage as Verizon Seeks to Woo Customers
How Verizon and AT&T Are Battling It Out This Month(Continued from Prior Part)Verizon rolls out a music bonus for loyal customers Amid tightening competition for customers in America’s mostly saturated wireless market, Verizon (VZ) is betting
- ACCESSWIRE•5 hours ago
CLASS ACTION UPDATE for T, AMRN and BV: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders
NEW YORK, NY / ACCESSWIRE / April 18, 2019 / Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies. Shareholders ...
- Market Realist•5 hours ago
Verizon’s 5G Network to Start Generating More Money
How Verizon and AT&T Are Battling It Out This MonthVerizon to expand device choice for 5G mobile customersVerizon (VZ) launched its 5G mobile service in Minneapolis and Chicago ahead of schedule this month, enabling customers in these cities to
Market Realist•6 hours agoAT&T: Analysts’ Recommendations in April
How Are the Top Telecom Stocks Positioned in April?(Continued from Prior Part)Ratings and target priceAccording to analysts’ consensus, AT&T (T) has a target price of $33.85 compared to its current market price of $32.25—an estimated rise
- InvestorPlace•7 hours ago
Here’s the Real Reason Why I Bought AT&T Stock
Big, boring AT&T (NYSE:T) recently made a splash, selling its minority stake in streaming video site Hulu. AT&T stock gained 0.7% on the news.Source: Shutterstock Thanks to its Time Warner deal, the telecom giant received a 9.5% stake in Hulu, which it sold earlier this week for $1.43 billion. That values the streaming firm at around $15 billion.Source: Shutterstock Of course, those happiest about the sale are Disney (NYSE:DIS) and Comcast (NASDAQ:CMCSA). They own approximately 60% and 30% of Hulu, respectively.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 5 Dividend Stocks Perfect for Retirees The divestment has several positive consequences for T stock. For years, critics have complained that the debt of the telecom firm is excessive. The sale was a small, but important, step towards streamlining the massive company and lowering its debt.Following the Time Warner buyout, AT&T owns a very enviable content portfolio. This includes among many other brands, HBO. During last year's Emmys, HBO was the only network whose performance was comparable to that of Netflix (NASDAQ:NFLX).Therefore, it only makes sense that AT&T would dump Hulu and focus on its own streaming endeavors. That strategy will be meaningfully positive over the longer term for the T stock price.However, is that enough to get me excited about AT&T stock? I think the move demonstrates management's seriousness about resolving the company's pressing financial issues. Still, the sale of the Hulu stake alone won't make or break anyone's approach toward AT&T stock.Two months ago, I mentioned to readers that I was very interested in the company, enough to buy shares of AT&T stock. There were three main reasons for my decision: the company's network moat, 5G and content streaming, and the high dividend yield of T stock. The T stock price has moved higher since then.But I'm bullish on AT&T stock for a much more fundamental reason. AT&T Stock Is Part of the U.S. GovernmentTake a look around the internet and you'll find a common criticism of AT&T stock. It's the d-word I mentioned before, and I'm not talking about dividends. Rather, I'm referring to the excessive debt load that threatens to undermine everything that the company's management has planned.If AT&T was a "normal" company, I would certainly be worried. After all, carrying nearly $170 billion of debt isn't anything to make light of.Moreover, a number of analysts have pointed out that better investments than AT&T stock exist. There's a telecom firm that has better growth metrics, higher earnings potential, and a stable balance sheet. Those are true statements, but very few companies have the practical, structural stability of AT&T.Specifically, AT&T is essentially a branch of the U.S. government. Want proof? Look at the multi-billion dollar federal contract that the company won to develop a nationwide broadband network for emergency responders. That's a highly sensitive responsibility that no other telecom firm has come close to matching.But this bullish thesis on T stock goes beyond national-security concerns. In order for us as a country to stay competitive in this century, we must invest vigorously in artificial intelligence and other automated technologies. To actualize this technological potential, the U.S. requires a viable telecom network.The digitalization of everything, or the Internet of Things, obviously requires data transfers across wireless networks. So however one may feel about AT&T, its infrastructure and vast networks are pivotal to our digital and automated success.Thus, I don't think the traditional metrics used to assess publicly-traded companies work with AT&T stock. That's because the government won't let it fail because AT&T is almost part of the government. Keep Expectations for T Stock in CheckGenerally speaking, I believe that AT&T stock is a safe investment. However, that doesn't mean investors can't lose money on T stock. Therefore, I don't recommend that people buy T stock with reckless abandon.What I'm trying to convey is that AT&T stock isn't your average, everyday investment, since it has $170 billion of debt. But our country is indebted to the tune of $22 trillion. Both numbers are significant, but they don't automatically spell doom.AT&T's balance sheet looks awfully risky. However, AT&T is one of those companies that are too big and important to fail. So as long as you keep your expectations in check, T stock should do very well for you.As of this writing, Josh Enomoto is long AT&T stock. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Stocks to Buy for Spring Season Growth * This Is How You Beat Back a Bear Market * 7 Dental Stocks to Buy That Will Make You Smile Compare Brokers The post Hereas the Real Reason Why I Bought AT&T Stock appeared first on InvestorPlace.
- Market Realist•7 hours ago
How Disney Can Help Hulu Gain More Subscribers
What’s Ahead for Hulu after AT&T Stake Sale?(Continued from Prior Part)Hulu subscribers Hulu has added 8 million subscribers since January 2018 and has added nearly 22 million subscribers since January 2012. At the end of 2018, Hulu had 25
- Zacks•7 hours ago
Telecom Stock Roundup: Qualcomm Settles Patent Battle, AT&T's Hulu Sale & More
Qualcomm (QCOM) benefits immensely from the patent litigation settlement, while AT&T (T) is focusing on debt reduction and probable launch of own streaming video subscription content.
- ACCESSWIRE•7 hours ago
Bronstein, Gewirtz & Grossman, LLC Reminds Stockholders of Class Action - T, NTNX, CRCM
NEW YORK, NY / ACCESSWIRE / April 18, 2019 / Bronstein, Gewirtz & Grossman, LLC reminds investors that a class action lawsuit has been filed againstthe following publicly-traded companies. You can review a copy of the Complaints by visiting the links below or you may contact Peretz Bronstein, Esq.
Market Realist•8 hours agoHow Disney Is Working to Enhance Hulu
What’s Ahead for Hulu after AT&T Stake Sale?(Continued from Prior Part)Hulu’s investment in original contentHulu has spent billions of dollars on original content to build its subscriber base amid competition from streaming giants like
Market Realist•8 hours agoCan We Expect Upside Potential in Verizon’s Stock Price?
Verizon's Q1 Results Are Set for Next Week: What Analysts Expect(Continued from Prior Part)Ratings and target priceWall Street analysts are maintaining a neutral outlook on Verizon (VZ) stock. According to Reuters data, among the 30 analysts
- InvestorPlace•8 hours ago
The Rise of 5G and Fading Headwinds Make Verizon Stock a Buy
Verizon Communications Inc. (NYSE:VZ) is one of the world's largest telecommunications companies. While the telecommunications sector transitions into the communication services sector, Verizon and rival AT&T (NYSE:T) remain two of the group's sleepier giants. This delayed start has held Verizon stock back.Source: Via FlickrVerizon is up 4.48% this year compared to a gain of 13.13% for the Dow and a 18.65% gain for the Communication Services Select Sector SPDR (NYSEARCA:XLC), a fund in which Verizon is a top 10 holding.There are avenues for Verizon to shed its laggard status and deliver more upside for investors. In terms of near-term catalysts, there is Verizon's first-quarter earnings report, slated for Tuesday, April 23. Analysts expect the company to earn $1.17 per share on revenue of $32.19 billion. In recent quarters, Verizon has delivered modest earnings surprises, slightly beating Wall Street estimates over the last four quarters.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 S&P 500 Stocks to Weather the Earnings Storm Calling On 5GAnother possible catalyst is the 5G rollout. As you know, 5G is the next generation of wireless communication systems, which is a significant deal for the likes of AT&T and Verizon because about 90% of Americans have mobile phones."The U.S. carriers have begun to move to next-generation 5G wireless networks, which promise faster data speeds and lower latency than earlier technologies," reports Barron's. "Verizon already has a limited commercial network up and running in some areas of Chicago and Minneapolis and is planning to cover parts of another 15 cities later this year."The company's early push into 5G could payoff for VZ stock eventually, but there are still kinks that need to be ironed out, including coverage areas and upload speeds. Download and upload speeds are not be underestimated as important data points for Verizon. Mobile phone users increasingly rely on their phones for a variety of functions and with corporate customers representing significant parts of carriers' businesses, data speeds are crucial.According to Business Insider:"Fast speeds are important for consumers -- 81% identified a high-speed network as a must-have mobile offering, according to Business Insider Intelligence's Telecom Competitive Edge Report (enterprise only) -- and consumers could be unwilling to pay for 5G if it's not consistently better than the current 4G LTE offering" Verizon Versus AT&TFor better or worse, shares of AT&T and Verizon are often joined at the hip in the eyes of investors. That said, Verizon has a market value of almost $243 billion, about $9 billion ahead of its rival. Additionally, Verizon's debt burden is $110 billion, or about $60 billion less than AT&T's.Those data points aside, investors are clearly favoring AT&T this year. Shares of that company are outperforming Verizon by a roughly 3-to-1 margin since the start of 2019. For now, AT&T has the more diverse revenue streams than Verizon and that may well be one reason the former is outpacing the latter this year."This year, Verizon is expected to generate 71% of sales from wireless services. Wireless-related business will probably be about 40% of AT&T's revenue," according to Barron's. Bottom Line on Verizon StockVerizon stock remains a valid choice for conservative income investors. The shares yield 4.10%, more than double the yield on the S&P 500. Verizon stock currently pays a quarterly dividend of 60.25 cents a share, representing dividend growth of just over 20% since 2012. Over the past 15 years, Verizon stock's dividend has grown by about 50%.Still, investors should probably temper expectations that Verizon stock will suddenly start acting like a growth stock, a style that is very much in favor right now. Investors may be more apt to reward Verizon stock if 5G shows a material impact for the company's bottom line or if defensive, low volatility fare comes back into style.Todd Shriber does not own any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Stocks to Buy for Spring Season Growth * This Is How You Beat Back a Bear Market * 7 Dental Stocks to Buy That Will Make You Smile Compare Brokers The post The Rise of 5G and Fading Headwinds Make Verizon Stock a Buy appeared first on InvestorPlace.
- Market Realist•10 hours ago
Can Hulu Recover from Losses?
What’s Ahead for Hulu after AT&T Stake Sale?(Continued from Prior Part)HuluHulu was jointly owned by Walt Disney (DIS), Comcast (CMCSA), 21st Century Fox, and AT&T (T). The acquisition of Fox assets last month gave a controlling stake of
Market Realist•10 hours agoWhat Does Verizon’s Current Valuation Indicate?
Verizon's Q1 Results Are Set for Next Week: What Analysts Expect(Continued from Prior Part)Forward PEIn this article, we’ll have a look at how Verizon (VZ) is valued ahead of its first-quarter earnings results. On April 15, Verizon’s forward PE
Reuters•12 hours agoU.S. antitrust scrutiny tests T-Mobile's $26 billion bet on Sprint
Growing skepticism from the U.S. Department of Justice's antitrust staff over the impact of the merger on competition in the market will test the resolve of the companies to complete the deal that would see the top U.S. wireless carriers shrink to three from four. While the Department of Justice has yet to reach a decision on whether to approve the deal, it is pushing Sprint and T-Mobile for evidence that the merger would be in the interest of U.S. consumers, people familiar with the matter said this week.
- Investing.com•13 hours ago
Comic: Markets Brace for Earnings Tsunami As S&P Inches Closer to Record Highs
Investing.com - The U.S. first-quarter earnings season has gotten off to a strong start so far. According to FactSet, more than 78% of the S&P; 500 companies that have reported until now have topped analyst expectations, easing worries of an earnings recession.
- Investor's Business Daily•yesterday
Salvaging Sprint, T-Mobile Merger May Depend On Hail Mary 'Structural' Remedy
Sprint and T-Mobile US may propose a structural remedy such as creating a wholesale network company in a last-ditch effort to salvage their proposed merger in the U.S., says an analyst.
