T - AT&T Inc.
32.08 0.00 (0.00%)
After hours: 4:02PM EDT
| Previous Close | 32.03 |
| Open | 32.02 |
| Bid | 32.09 x 800 |
| Ask | 32.10 x 36100 |
| Day's Range | 31.92 - 32.18 |
| 52 Week Range | 26.80 - 35.33 |
| Volume | 18,475,229 |
| Avg. Volume | 30,364,467 |
| Market Cap | 233.69B |
| Beta (3Y Monthly) | 0.82 |
| PE Ratio (TTM) | 11.26 |
| 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 |
- Yahoo Finance Video•2 hours ago
Beekeeping is teaching corporate employees ‘how to be effective leaders’
Bee Downtown is betting on beekeeping to help a growing number of companies like Delta and AT&T improve their business and the environment. Leigh-Kathryn Bonner, Bee Downtown Founder & CEO, says the companies' employees “learn how to be effective leaders through the eyes of a beehive and through the eyes of a beekeeper.” Yahoo Finance’s Alexis Christoforous and Brian Sozzi speak to her.
- ACCESSWIRE•18 minutes ago
SHAREHOLDER ALERT: T CRCM MBT: The Law Offices of Vincent Wong Reminds Investors of Important Class Action Deadlines
NEW YORK, NY / ACCESSWIRE / April 22, 2019 / The Law Offices of Vincent Wong announce that class actions have commenced on behalf of shareholders of the following companies. If you suffered a loss you ...
- GlobeNewswire•1 hour ago
T, NTNX, CRCM - Bronstein, Gewirtz & Grossman, LLC Reminds Investors of Class Action
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.
- MarketWatch•2 hours ago
Boeing, Facebook and Tesla are about to play ‘Hold my beer’ amid earnings flood
The chief executives of Boeing Co., Facebook Inc. and Tesla Inc. are all being targeted by government agencies amid difficulties, and their top executives are about to hand the microphone down the line to one another to talk about it.
- American City Business Journals•3 hours ago
This was the worst Easter box office in 14 years
“The Curse of La Llorona” exceeded expectations at the domestic weekend box office, but overall the Easter holiday frame was the slowest in nearly a decade and a half. The horror flick haunted the top spot with an estimated $26.5 million, delivering the third No. 1 ranking in a row for Warner Bros. and New Line, now divisions of AT&T Inc. (NYSE: T). Year-to-date, the 2019 box office is running 16 percent behind last year, which holds the record for annual ticket sales.
- American City Business Journals•3 hours ago
WarnerMedia leaves TV ad-buying consortium
AT&T;'s Turner helped to form ad-buying group OpenAP in 2017; now AT&T; and WarnerMedia are out of the consortium.
- MarketWatch•4 hours ago
Here’s what could happen if this ‘late, late cycle’ meets a Joe Biden market
Investors are understandably dusting off their playbooks for late-cycle investing these days, says AllianceBernstein strategist Richard Brink, but this isn’t your typical late cycle, and typical late-cycle responses might not apply this time around.
- Investor's Business Daily•4 hours ago
Verizon Earnings Due As Analysts Focus On 5G Network Expansion
Verizon has avoided major acquisitions that would diversify its business. So when Verizon earnings come out early April 23, its wireless results and 5G network plans will be in focus.
Bloomberg•5 hours agoAT&T’s Debt Load Slows Its Metamorphosis Into Media Powerhouse
AT&T framed the $85 billion acquisition as a transformative move, giving the company the best films and TV programs to pipe into homes, mobile phones and tablets, and positioning the telecom giant to parry Netflix Inc.’s assault on pay TV. “There’s a whole wish list of things that aren’t getting done until they improve their balance sheet,” said Jennifer Fritzsche, an analyst with Wells Fargo Securities who has a neutral rating on the stock. AT&T, which reports financial results Wednesday, is under pressure to stem the loss of customers at DirecTV, win back mobile customers, build a 5G network, boost the dividend, develop an advertising business, fund new film and TV hits, and launch an HBO-centered streaming service.
- Market Realist•5 hours ago
AT&T’s Postpaid Phone Churn Rate Could Rise in Q1
AT&T's Q1 Results Are around the Corner: What Wall Street Expects(Continued from Prior Part)AT&T’s postpaid phone churn rate In this article, we’ll talk about AT&T’s (T) customer retention metric, or its churn rate. Wall Street
- Barrons.com•6 hours ago
Verizon Reports Earnings Tomorrow. Here’s What to Expect.
Verizon stock (ticker: VZ) has returned 5.5% this year, including dividends. Over the past year, however, Verizon stock has delivered a 27% return, ahead of the index and its competitors. • Verizon’s strategy has diverged from that of its main rival AT&T over the past year—the subject of a recent Barron’s cover story.
- GlobeNewswire•6 hours ago
CLASS ACTION UPDATE for T, CAG, CVS and INGN: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders
NEW YORK, April 22, 2019 -- Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies..
- ACCESSWIRE•6 hours ago
T, NTNX, CRCM - Bronstein, Gewirtz & Grossman, LLC Reminds Stockholders of Class Action
NEW YORK, NY / ACCESSWIRE / April 22, 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•6 hours ago
T-Mobile Opens a Brand New Revenue Stream
Will the T-Mobile–Sprint Merger Deal Survive?(Continued from Prior Part)TVision starts at $90 per month This month, T-Mobile (TMUS) launched its long-anticipated TV service, diversifying into the TV subscription market and opening another revenue
- Market Realist•6 hours ago
Expectations for AT&T’s Prepaid Net Additions in Q1
AT&T's Q1 Results Are around the Corner: What Wall Street Expects(Continued from Prior Part)AT&T’s prepaid customers In this article, we’ll take a look at the kind of prepaid customer net additions we can expect from AT&T’s (T)
- Zacks•7 hours ago
Healthy Top-Line Growth to Drive AT&T's (T) Q1 Earnings
AT&T (T) restructures its WarnerMedia business to focus more on video streaming service and fine-tuned its operating model with the evolving needs of customers, which is likely to translate into higher revenues in Q1.
- Market Realist•8 hours ago
Will T-Mobile and Sprint Ever Unite?
Will the T-Mobile–Sprint Merger Deal Survive?Antitrust questions raisedA year ago, T-Mobile (TMUS) and Sprint (S) agreed to merge in an all-stock deal that valued the latter at ~$26 billion. Although the companies have secured some of the
- Market Realist•8 hours ago
What to Expect of AT&T’s Postpaid Phone Net Additions in Q1
AT&T's Q1 Results Are around the Corner: What Wall Street ExpectsAT&T’s postpaid phone net additions AT&T (T), the second-largest mobile operator in the United States, is looking to showcase its strength as it nears its first-quarter
- Market Realist•9 hours ago
AT&T’s Mobile 5G Reaches 19 Cities
How Verizon and AT&T Are Battling It Out This Month(Continued from Prior Part)AT&T 5G enters 19 cities as Verizon eyes a rollout in 30 cities This month, AT&T (T) reached 19 cities with its 5G mobile phone service, and it’s eyeing
- InvestorPlace•9 hours ago
Can 5G Really Boost Verizon Stock?
Verizon Communications (NYSE:VZ) arguably won the 5G race in October, when it launched the nation's first wireless 5G at-home broadband service. Granted, it was a dubious win that may or may not have actually helped boost VZ stock. Being the first to achieve any technological feat, however, translates into good publicity.Source: Shutterstock Now the telecom giant may be positioning to set the pace for "real" 5G when that becomes the norm sometime later this year. Specifically, on Tuesday Verizon announced a "Built on 5G Challenge" which is supposed to encourage tech developers to create solutions that best utilize the power of ultra-high-speed wireless connections. * 7 Healthy Dividend Stocks to Buy for Extra Stability The contest is once again great publicity, but more than that, it may actually serve as a breeding ground that puts Verizon front-and-center among the outfits aiming to utilize the nascent platform.InvestorPlace - Stock Market News, Stock Advice & Trading TipsIt may also be something of a red flag for VZ and VZ stock. The First to Cross the Finish Line5G is not yet available to most smartphone owners, but should be later this year. Once the infrastructure is in place and wireless customers have the right phones, they will enjoy 5G broadband speeds that are effectively 20 times faster than the standard 4G network most smartphone users utilize now.5G will easily make mobile phones powerful entertainment and business tools, but that won't be the most exciting part of it. The oft-discussed Internet of Things (IoT) era, for instance, will be ushered in by 5G connectivity, enabling the automated transfer of massive amounts of digital data.But Verizon's October unveiling of at-home 5G connectivity was aimed at consumers who want high-speed internet, delivered by a provider that won't run a physical line all the way to their homes.That launch was widely criticized because the hardware used to power the connections doesn't comply with the working standard the industry's other key players like AT&T (NYSE:T) and T-Mobile (NASDAQ:TMUS) have decided upon. That standard is known as 5G NR.Verizon's 5G TF hardware will have to be swapped out once 5G NR standards are firmed up. Sprint (NYSE:S) even went as far as to file a lawsuit against Verizon for what it alleges are misleading statements about Verizon's 5G network.But building a standard-compliant 5G network was never Verizon's point. Demonstrating its lead in 5G was its point and purpose.Mission accomplished. But at what cost and to what end? Uses Remain UnclearWhile 5G NR technology may not be completely ready, the 5G NR standard is gelled enough to be used as a developmental platform. To that end, VZ has committed a prize pool of $1.75 million that will be given to the top three small companies that come up with the best ideas on how to use 5G.The contest tacitly touches on one stumbling block for 5G:it will be very expensive to utilize the most impressive capabilities of 5G.While 5G connections via smartphones don't appear as if they will cost mobile customers leaps and bounds more than 4G connectivity, consumers don't necessarily need wireless connection speeds 20 times faster than their current service.That's not true of companies and other organizations. Networks of thousands of smart meters that a utility company may wish to deploy, precision manufacturers, and smart/self-driving vehicles all need ultra-high-speed connections and can make the best use of them. Those applications of 5G technology will be very expensive.Beyond that, though, practical applications of the technology remain fuzzy. Even as recently as January, the best argument Verizon CEO Hans Vestberg could muster for 5G was, "It's so much more - it's going to be cordless manufacturing, it could be retail stores that capture real-time information in order to give you, as a customer, a much better experience when you're in the store."Retailers may, however, have maxed out on the amount of technology they truly need to tap. Manufacturers seems to be doing well enough as-is.It's time for the specifics to start materializing. The Bottom Line on VZ StockThe contest, which is more of a grant program, in and of itself will do little to prod VZ stock in either direction. What VZ learns and the tech it gains from the Built on 5G Challenge, however, may serve as seeds for the company's biggest current priority.And it needs to. While customers often have difficulty initially understanding and utilizing new technologies, some recent tech evolutions have proven to be more bark than bite even well after theior launch. Virtual reality comes to mind. It was and is amazing, but it's hardly the earth-shattering development it was billed to be.It's a matter current and would-be owners of VZ stock may want to put on their radars, considering the company plans to spend between $18 billion and $19 billion on equipment next year, and most of that spending is meant to maintain Verizon's lead in the 5G race.Related questions are likely to come up during the Q&A portion of the company's Apr. 23 earnings call.As of this writing, James Brumley held a long position in AT&T. You can learn more about James at his site, jamesbrumley.com, or follow him on Twitter, at @jbrumley. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 5 Dividend Stocks Perfect for Retirees * 7 Reasons the Stock Market Rally Isn't Over Yet * 10 S&P 500 Stocks to Weather the Earnings Storm Compare Brokers The post Can 5G Really Boost Verizon Stock? appeared first on InvestorPlace.
- InvestorPlace•11 hours ago
Sale of Hulu Stake Makes the Streaming Future of AT&T Unclear
In retrospect, AT&T (NYSE:T) arguably should have sold its minority stake in Hulu back to its majority owners long ago. With less than 10% equity in what was essentially an experimental competitor to Netflix (NASDAQ:NFLX), Hulu didn't mean enough to owners of AT&T stock to truly matter. * 10 S&P 500 Stocks to Weather the Earnings Storm Instead, it waited until its partners had become competitors to pull the trigger, leaving it behind those competitors in the process.Regardless of the timing, it's now happened. AT&T has sold the Time Warner sliver of Hulu back to its majority owner Walt Disney (NYSE:DIS) and larger-minority owner Comcast (NASDAQ:CMCSA), pocketing roughly $1.5 billion for its share.InvestorPlace - Stock Market News, Stock Advice & Trading TipsIt's hardly the end of AT&T's streaming ambitions, though. If anything, it's closer to the beginning of a home-grown streaming video platform.The foreseeable future of that ambition, however, looks like a rocky one. Going SoloTake a closer, careful look at the streaming video landscape and you'll recognize that partnerships are falling out of favor, and integrated top-down solutions are becoming the preferred means of penetrating the market.Hulu was, of course, the quintessential partnership in the business, melding content from Disney, Time Warner and Comcast's NBCUniversal. It fared reasonably well too, reaching 25 million subscribers as of the end of last year. That's still a distant second to Netflix's 139 million paying members, but far better than any rival operating in the same space.Hulu wasn't built to last, though. Too many cooks, or chiefs, and schools of thought to do the collective any good.Disney's upcoming official launch of its standalone streaming service Disney+ validates the idea that media and entertainment companies feel they're better served doing their own thing, though the fact that Netflix and CBS have also bet heavily on the creation of content sold directly to consumers underscores the idea. Indeed, even Time Warner's HBO offers a standalone streaming option, and Comcast's NBCUniversal reportedly has one in the works.By virtue of bowing out of the Hulu consortium -- not that it had much choice -- AT&T's Time Warner has sloughed off a potential confusion of interests and freed the company to focus on its own Netflix competitor.It's still behind the eight ball, though. Work to Do AheadIt's a development that's not exactly surprising to AT&T stock owners.In March, the organization shook up its management ranks to name former NBC Entertainment chairman Robert Greenblatt as chairman of WarnerMedia's entertainment and streaming businesses. The shakeup also included resignations from HBO's head Richard Plepler and Turner's president David Levy.The changes, according to AT&T, facilitate "agility and flexibility," which isn't difficult to interpret as a shift toward direct-to-consumer options.AT&T is already in that business, to be clear, but hardly thriving. Streaming service DirecTV Now actually lost 267,000 customers last quarter, which was the first net subscriber loss the platform has logged since launching in late 2016. A Time Warner-branded service might fare better, by costing less, which can be made possible by limiting its library of content to just the video consumers want from the company.That's easier said than done, howver. As Hollywood Reporter's critic Tim Goodman pointed out following word that AT&T was exiting its Hulu stake:"Nobody outside of this town -- and hell, many right inside of it -- can really tell you what the hell WarnerMedia is or has, which is not a problem that Netflix, Amazon, Hulu or Disney+ currently grapple with. So, congratulations, WarnerMedia, you're only slightly more mysterious than Apple+, which, for better or worse, is trying to be mysterious on purpose."He's right.And, that's going to be a major headache for a player that's essentially entering the streaming race already in sixth place.In the meantime, pulling the company away from strategizing its branding is the sheer demand for more video content than the company currently produces."They want a lot more content coming out of Warner," said CFRA Research analyst Keith Snyder, adding, "That's going to help them launch the streaming service and go up against Disney. They really need to start generating more content… [the] reorganization is aiming at that more than anything."It's all going to be a lot more work, and complicated, than participation in the Hulu partnership was. Looking Ahead for AT&T StockIt remains to be seen how the market will view the company's next steps down this inevitable path, primarily because it's not even clear the company itself has looked that far down the streaming video path ahead.One matter is clear, however. That is, much work remains to be done, and AT&T isn't looking especially well-positioned. * 7 No-Load Mutual Funds to Buy That's not to suggest AT&T stock is unownable here, or that a Time Warner streaming app can't be competitive. It is to suggest, however, that an awful lot of questions remain regarding exactly how AT&T is going to stand out in an increasingly crowded streaming video industry when most consumers still don't recognize the brand the way they do Netflix, CBS or Disney.As of this writing, James Brumley held a long position in AT&T. You can learn more about James at his site, jamesbrumley.com, or follow him on Twitter, at @jbrumley. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 5 Dividend Stocks Perfect for Retirees * 7 Reasons the Stock Market Rally Isn't Over Yet * 10 S&P 500 Stocks to Weather the Earnings Storm Compare Brokers The post Sale of Hulu Stake Makes the Streaming Future of AT&T Unclear appeared first on InvestorPlace.
- Investing.com•15 hours ago
Top 5 Things to Know in the Market on Monday
Investing.com - Here are the top five things you need to know in financial markets on Monday, April 22:
- MarketWatch•21 hours ago
Elizabeth Warren thinks there should be fewer Cersei Lannisters in the world
In addition to being a presidential candidate, Sen. Elizabeth Warren is also a huge “Game of Thrones” fan. And not surprisingly, her reasons why echo her campaign.
- Investing.com•2 days ago
Economic Calendar - Top 5 Things to Watch This Week
Investing.com - U.S. gross domestic product, a hectic week of earnings and interest rate decisions in Japan, Canada and Turkey will keep market watchers on their toes this week as markets return from Eater holidays. Financial markets in Europe are to remain closed on Monday.
- Motley Fool•2 days ago
Why Livestreaming TV Can't Break Through
These cable television alternatives aren't attracting more than a small fraction of cord-cutters.
