T - AT&T Inc.
32.31 +0.04 (0.12%)
After hours: 7:00PM EDT
| Previous Close | 32.14 |
| Open | 32.32 |
| Bid | 32.32 x 800 |
| Ask | 32.31 x 29200 |
| Day's Range | 32.10 - 32.35 |
| 52 Week Range | 26.80 - 34.53 |
| Volume | 13,613,852 |
| Avg. Volume | 29,460,355 |
| Market Cap | 235.511B |
| Beta (3Y Monthly) | 0.80 |
| PE Ratio (TTM) | 12.16 |
| EPS (TTM) | 2.65 |
| Earnings Date | Jul 24, 2019 |
| Forward Dividend & Yield | 2.04 (6.59%) |
| Ex-Dividend Date | 2019-04-09 |
| 1y Target Est | 33.81 |
- ACCESSWIRE•4 hours ago
The Gross Law Firm Announces Class Actions on Behalf of Shareholders of T, CRCM and FLEX
NEW YORK, NY / ACCESSWIRE / May 24, 2019 / The securities litigation law firm of The Gross Law Firm issues the following notice on behalf of shareholders in the following publicly traded companies. Shareholders ...
- GlobeNewswire•4 hours ago
T, NTNX, CRCM - Bronstein, Gewirtz & Grossman, LLC Reminds Investors of Class Action Upcoming Deadline
Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC reminds investors that a class action lawsuit has been filed against the following publicly-traded companies. You can review a copy of the Complaints by visiting the links below or you may contact Peretz Bronstein, Esq.
- InvestorPlace•8 hours ago
Top 7 Service Sector Stocks That Will Pay You to Own Them
Editor's note: This story was previously published in March 2019. It has since been updated and republished.Despite common economic challenges, services stocks present a viable opportunity. The most obvious tailwind is that American society mostly transitioned to a service-based economy. According to the International Trade Administration, 80% of private-sector jobs are levered to the service industry. More critically, we're really good at what we do.For the past year, President Donald Trump complained bitterly about trade-imbalances with other nations, particularly China. However, the Trump administration never says a word about the services trade, where we enjoy a robust surplus. Naturally, this dynamic boosts the case for services stocks.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 5 Safe Stocks to Buy This Summer Another favorable factor is that several publicly traded companies in this sector are also dividend stocks. During uncertain phases, these passive-income generating names provide practically-guaranteed returns. Additionally, dividend-payers tend to perform better during bear markets.Finally, the service sector covers a wide range of opportunities. From retail to entertainment to communications, you'll have no shortage of options. Here are seven services stocks that will generate consistent, passive income for your portfolio:Source: Shutterstock United Parcel Service (UPS)Few service-based companies offer as much upside potential as e-commerce firms. However, popular names like Amazon (NASDAQ:AMZN) are not dividend stocks, but rather, operate purely on a capital-gains basis. So the next best thing is the transportation middleman, namely United Parcel Service (NYSE:UPS).Of course, the immediate criticism is that Amazon's venture into in-house product mailing solutions will completely disrupt UPS stock. Certainly, the situation looks bad for the courier. However, UPS responded with their own e-fulfillment service, and it has more credibility than Amazon can dream about.While I respect the e-commerce giant, UPS has an established transportation network. In terms of scales of economy, UPS stock easily wins out. Plus, the company pays out a generous dividend yield at 4.2%. You're just not going to get that with most services stocks levered purely to e-commerce.Source: Shutterstock Penske Automotive Group (PAG)With the advent and later dominance of ride-sharing apps like Uber and Lyft, the concept of buying cars is steadily becoming archaic. In my first-ever Uber ride, my driver told me his personal forecast: people will stop purchasing cars and transition to ride-sharing full-time.If such a prediction comes true, services stocks like Penske Automotive Group (NYSE:PAG) would simply implode. Although I'm not going to necessarily disagree with my driver -- gotta keep my five-star rating! -- the automotive still breathes. * 6 Stocks to Buy for This Decade's Massive Megatrend One of the main factors keeping PAG stock in the running is practicality. Sure, ride-sharing apps have added options to the mix. However, nothing beats the convenience and cost-savings of driving yourself to your desired destination.With Penske's massive dealership network, they consolidate whatever sales opportunities exist, eating alive the small guys. This stinks if you're on the receiving end of this tactic. However, for stakeholders in PAG stock, they're not complaining, especially because of its 3.54% yield.Source: Mike Mozart via Flickr H&R Block (HRB)All services stocks provide important, and often necessary functions to society. However, no one has such an extreme love-hate dynamic like H&R Block (NYSE:HRB). Tax season is always a difficult time for families this time of year. Even if you're due for a refund, you don't like the paperwork involved.Of course, HRB stock makes a case for itself by alleviating this pressure for many families. This year, and moving forward, H&R Block presents an even more valuable service. That's because several taxpayers complained about the complexities and the surprise tax hit they incurred due to new laws.Moreover, the "gig economy" reshaped the labor force, with many (usually young) workers eschewing the corporate ladder for professional autonomy. Usually, though, this implies that these workers are independent contractors, which is a much more complicated tax process than being a run-of-the-mill employee.As such, you can expect HRB stock to significantly rise higher. And if not, the company is among the higher-paying dividend stocks, with a 3.68% yield.Source: Shutterstock Verizon (VZ)I'm usually not into dividend stocks as they don't fit my risk-taking personality. However, I recently took a shot with AT&T (NYSE:T). To summarize my bullish case for the telecom giant, I only need one "word," which obviously is 5G.However, AT&T isn't the only name among services stocks to benefit from the next-generation in wireless technology. Rival Verizon Communications (NYSE:VZ) offers similar fundamental upside. In fact, Verizon won a critical PR victory, becoming the first commercial 5G provider. But other reasons exist why you should consider VZ stock. * 7 Safe Stocks to Buy for Anxious Investors While I'm partial to AT&T as an investment, the company has leveraged itself with aggressive acquisitions. If they don't pan out, T shares will have serious problems. True, VZ stock isn't perfect in this department, but it's more stable than its core competitor.For this stability, you're not missing out that much in terms of passive income. Currently, Verizon offers a generous 4.09% dividend yield.Source: Flazingo Photos Via Flickr BG Staffing (BGSF)Back during the "analog" days, services stocks in the staff-sourcing industry had substantial relevancy. Primarily, organizations like BG Staffing (NYSEAMERICAN:BGSF) provided a useful platform for young workers to get their first professional job. Also, they helped get transitioning workers back on their feet.But with the rise of digitalization, along with social media outlets like Facebook (NASDAQ:FB), BGSF stock appears anachronistic. Often times, it's not about what you know, but who you know. Recent technologies have only made this adage frustratingly accurate, depending on your perspective.Still, I like BGSF stock and its chances to work its way out of its long-term funk. As I mentioned with H&R Block, BG Staffing benefits from the autonomous gig economy. Due to various factors such as changing employment dynamics, millennials won't typically stay at one job indefinitely.Admittedly, you'll probably need patience with BGSF stock. But while you're waiting, it's one of the highest-paying dividend stocks, featuring a 5.95% yield.Source: Jeremy Thompson via Flickr Six Flags Entertainment (SIX)Many investors have the mistaken impression that services stocks are boring; indeed, the name itself doesn't generate much excitement. However, this sector doesn't have to induce you into a coma, as renowned theme park Six Flags Entertainment (NYSE:SIX) proves.Famous (or notorious) for its stomach-churning rides, SIX stock has generated long-term gains since its initial public offering. Unfortunately, recent market sessions have offered the same diabolical sensations as you would get riding the theme park's "Full Throttle." * 7 Stocks to Buy for Over 20% Upside Potential Much of the volatility stems from SIX stock not recovering from its fourth-quarter 2018 earnings report. Although the company handily beat expectations for earnings per share, revenues disappointed against expectations. Six Flags delayed opening new locations in China due to its slowing economy.However, don't forget that revenues have consistently increased over the years. Furthermore, a possible trade deal between the U.S. and China would skyrocket SIX stock. Because of the risks involved, the company pays out a 6.37% dividend yield.Source: ATLAS Social Media via Flickr National CineMedia (NCMI)I concede that National CineMedia (NASDAQ:NCMI) is a tough pill to swallow. The broader market downturn has disproportionately impacted services stocks related to the cineplex industry. After gaining 10% in March it gave back all of that and then some, losing about 4% compared with this time last year.Given the popularity of streaming-entertainment firms like Netflix (NASDAQ:NFLX), National CineMedia seemingly has no chance. However, I'd advise against knee-jerk reactions when assessing NCMI stock. The box office, though a legacy institution, remains very much relevant in the 21st century.How, you may ask? Simply, cineplex operators provide a social experience that streaming-related services stocks cannot. In dying shopping malls, astute developers refocused their efforts to provide event-based attractions for family-oriented Hispanic communities, to resounding successes. Against a comparable backdrop, NCMI stock may receive a similar lift.If nothing else, National CineMedia is one of the most generous, legitimate dividend stocks. With a yield of 9.84%, it's a risky but incredibly attractive proposition.As of this writing, Josh Enomoto was long AT&T stock. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 5 of the Best Stocks to Buy Under $10 * 7 Single-Digit P/E Stocks With Massive Upside * 7 Best Quantum Computing Stocks Trading Today Compare Brokers The post Top 7 Service Sector Stocks That Will Pay You to Own Them appeared first on InvestorPlace.
- ACCESSWIRE•8 hours ago
CLASS ACTION UPDATE for T, CRCM and NTNX: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders
NEW YORK, NY / ACCESSWIRE / May 24, 2019 / Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies. Shareholders interested ...
- Zacks•8 hours ago
Lionsgate (LGF.A) Q4 Earnings and Revenues Miss, Down Y/Y
Lionsgate's (LGF.A) dismal fourth-quarter fiscal 2019 results can be attributed to decline in Motion Picture and Television Production revenues.
- ACCESSWIRE•9 hours ago
T, NTNX, CRCM - Bronstein, Gewirtz & Grossman, LLC Reminds Shareholders of Class Action Upcoming Deadline
NEW YORK, NY / ACCESSWIRE / May 24, 2019 / Bronstein, Gewirtz & Grossman, LLC reminds investors that a class action lawsuit has been filed against the following publicly-traded companies. You can review a copy of the Complaints by visiting the links below or you may contact Peretz Bronstein, Esq. If you suffered a loss, you can request that the Court appoint you as lead plaintiff.
- Benzinga•9 hours ago
This Day In Market History: AOL Is Founded
Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened? On this day 34 years ago, Quantum Computer Sciences was founded in Delaware. Where The ...
- Benzinga•9 hours ago
Crypto Mass Adoption Around The Corner
AT&T integrated Bitpay solution to allow cryptocurrencies as a payment option. The company joins the ranks of other corporations that have already enabled crypto payment. The US-based telecom giant AT&T ...
- Zacks•9 hours ago
AT&T (T) Up 5.9% Since Last Earnings Report: Can It Continue?
AT&T (T) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
- Motley Fool•9 hours ago
The Case for a Combined Sprint and T-Mobile
It appears that federal regulators are going to sign off on the merger.
Market Realist•12 hours agoHow AT&T’s Technical Indicators Compare to Its Peers’
Exploring AT&T's Latest: Capex, Buybacks, Valuation, and More(Continued from Prior Part)Moving averagesRecently, AT&T (T) rose above its 20-day moving average, suggesting a bullish sentiment in its stock. On May 21, AT&T stock closed the
- ACCESSWIRE•22 hours ago
The Klein Law Firm Reminds Investors of Class Actions on Behalf of Shareholders of T, CRCM and S
NEW YORK, NY / ACCESSWIRE / May 23, 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 ...
- Investing.com•22 hours ago
Crypto Recovers; Telecoms Giant AT&T Accepts Payments in Crypto
Investing.com - The crypto market recovered on Friday mid-day in Asia with most major cryptocurrencies trading higher.
- ACCESSWIRE•22 hours ago
FINAL DEADLINE 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 $100,000 to Contact the Firm
LOS ANGELES, CA / ACCESSWIRE / May 23, 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.
- Investor's Business Daily•yesterday
Is AT&T Stock A Buy Right Now? Here's What Earnings, Chart Show
AT&T is upgrading its wireless network after buying Time Warner. AT&T earnings are stalling and shares are far off highs. Is AT&T stock a buy right now?
- GuruFocus.com•yesterday
AT&T: Cheap or Dangerous?
AT&T (NYSE:T) has been reincarnated time and time again. Ever since its founding in 1880 as the Southwestern Bell Telephone Company, it has had to reinvent itself many times over in order to keep up with technology and changing consumer preferences. Warning! GuruFocus has detected 6 Warning Signs with T. Click here to check it out.
- ACCESSWIRE•yesterday
FILING DEADLINE--Kuznicki Law PLLC Announces Class Actions on Behalf of Shareholders of T, EB and BSX
CEDARHURST, NY / ACCESSWIRE / May 23, 2019 / The securities litigation law firm of Kuznicki Law PLLC issues the following notice on behalf of shareholders of the following publicly traded companies. Shareholders who purchased shares in these companies during the dates listed below are encouraged to contact the firm regarding possible appointment as lead plaintiff and a preliminary estimate of their recoverable losses. If you wish to choose counsel to represent you and the class, you must apply to be appointed lead plaintiff and be selected by the Court.
- TheStreet.com•yesterday
AT&T Customers Can Now Pay Bills With BitPay
said Thursday that customers of the telecommunications and media giant can now use cryptocurrency payments processor BitPay to make online payments. Customers can select either the BitPay option or the regular option when logging onto their accounts online or with the AT&T app. "We're always looking for ways to improve and expand our services," said Kevin McDorman, vice president of AT&T's communications finance business operations.
- ACCESSWIRE•yesterday
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 / May 23, 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 its ...
- Barrons.com•yesterday
The Sprint and T-Mobile Merger Saga Continues. Here’s What You Need to Know.
The $26 billion deal to unite Sprint and T-Mobile secured the backing of the head of the FCC, but high hurdles remain to the deal securing final regulatory approval.
Market Realist•yesterdayHow Does AT&T’s Valuation Multiple Compare to Its Peers’?
Exploring AT&T's Latest: Capex, Buybacks, Valuation, and More(Continued from Prior Part)AT&T’s scaleOn May 21, AT&T’s (T) market cap was $236.5 billion. AT&T is the second-largest US wireless carrier in terms of market cap.
- InvestorPlace•yesterday
AT&T Stock Looks Cheap Right Now, but Verizon Clearly Is a Better Buy
My InvestorPlace colleague Luke Lango recently laid out a compelling argument why AT&T (NYSE:T) is too cheap to ignore. Never a fan of AT&T, I've given his case the fair consideration it deserves. Lango's good at what he does and if he thinks AT&T stock is ready to pop, I ought to at least consider his argument.Source: Shutterstock In a nutshell, Lango views the pending green light of the merger between T-Mobile (NASDAQ:TMUS) and Sprint (NYSE:S) as excellent news for AT&T because it removes a major price cutter from the wireless equation; a headwind that's weighed on T stock for some time. He goes on to say that AT&T's mobility business generates 40% of the company's revenue and 50% of its EBITDA. With one less competitor to deal with, it's likely that its EBITDA margins will move higher in the future due to less discounting in the mobility marketplace.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 6 Stocks to Buy for This Decade's Massive Megatrend Higher margins and revenue combined with dirt cheap financial metrics, and you've got the makings of a good value stock. For example, Lango points out it's got a 6.3% dividend yield, three times the average dividend yield for the market itself. In other words, you're getting paid handsomely to wait for T stock's revival. Also, its forward P/E and P/CF are both well below the market averages and its historical five-year average, making it hard to deny there's unlocked value in AT&T stock. What About Debt?Value isn't just about higher margins, less competitive headwinds, etc. It's also about the strength of the balance sheet. If I'm looking at two companies and one has a forward P/E and P/CF of 20 and 8, respectively, and the other has a forward P/E and P/CF of 15 and 6; based on a value supposition, I'm going to go for the latter stock every day of the week.However, if the latter stock's net debt was $168.9 billion in the most recent quarter or 71% of its market cap, and the former stock's net debt was $111.3 billion or 45% of its market cap, the extra leverage of the latter's stock makes the former a better value on a relative basis due to its superior balance sheet. The latter stock in this example is AT&T and the former is Verizon Communications (NYSE:VZ). The forward P/E and P/CF aren't those of the two wireless carriers. They were merely meant to illustrate why valuation metrics based on price don't always tell the entire story.The real metrics, according to Morningstar, are as follows:AT&T Forward P/E = 9.0Verizon Forward P/E = 12.5AT&T P/CF = 5.0Verizon P/CF = 7.1 The question for investors interested in AT&T stock is whether the 28% discount on the forward P/E and 30% discount on P/CF is worth it given AT&T uses significantly more leverage to generate its earnings and cash flow. Furthermore, Verizon currently yields 4.1%, which isn't bad for a company that utilizes far less leverage to pay for these dividends. Getting back to Lango's argument about the merger removing the discounting headwind from AT&T's sails, the same effect would apply to Verizon. AT&T might generate more free cash flow than Verizon, but it does it at the expense of the balance sheet. Furthermore, AT&T's cash flow as a percentage of revenue is virtually the same as Verizon's, which means it's not doing a better job generating cash flow than its biggest competitor. Is AT&T Stock Too Cheap to Ignore?If you're looking for less risk, Verizon is the better stock to buy.Sure, AT&T might have paid down $538 million in net debt (repayment less issuance) in the first quarter, but that's a drop in the bucket for a company with $169 billion in net debt. If you're an AT&T investor, you better hope that interest rates don't move higher, because if they do, it's in a whole heap of trouble. Value sometimes comes at a price. At the time of this writing Will Ashworth did not hold a position in any of the aforementioned securities. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 6 Stocks to Buy for This Decade's Massive Megatrend * The 7 Best Stocks to Buy From the IPO ETF * 7 Athletic Apparel Stocks With Marathon Pace Compare Brokers The post AT&T Stock Looks Cheap Right Now, but Verizon Clearly Is a Better Buy appeared first on InvestorPlace.
- GlobeNewswire•yesterday
The Klein Law Firm Reminds Investors of Class Actions on Behalf of Shareholders of T, INVVY, KSHB and CBL
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 until the lead plaintiff deadline to request that the court appoint you as lead plaintiff.
- Business Wire•yesterday
AT&T to Webcast Presentation by Scott Mair at Cowen Conference on May 30
AT&T Inc.* will webcast a presentation by Scott Mair, president of AT&T Operations, at the Cowen Technology, Media and Telecom Conference in New York City on Thursday, May 30. AT&T Inc. (NYSE:T) is a diversified, global leader in telecommunications, media and entertainment, and technology. AT&T Communications provides more than 100 million U.S. consumers with entertainment and communications experiences across TV, mobile and broadband services.
Market Realist•yesterdayAnalysts’ Ratings for AT&T and Its Peers
Exploring AT&T's Latest: Capex, Buybacks, Valuation, and More(Continued from Prior Part)Analysts on AT&T stockAccording to the data compiled by Reuters, as of May 21, among the 31 analysts covering AT&T (T) stock, 52% have given it
