T - AT&T Inc.

NYSE - NYSE Delayed Price. Currency in USD
32.79
-0.30 (-0.91%)
At close: 4:00PM EDT
Stock chart is not supported by your current browser
Previous Close33.09
Open33.23
Bid32.76 x 21500
Ask32.76 x 29200
Day's Range32.77 - 33.27
52 Week Range26.80 - 34.37
Volume28,586,095
Avg. Volume28,051,665
Market Cap239.301B
Beta (3Y Monthly)0.81
PE Ratio (TTM)12.36
EPS (TTM)2.65
Earnings DateJul 24, 2019
Forward Dividend & Yield2.04 (6.17%)
Ex-Dividend Date2019-07-09
1y Target Est33.70
Trade prices are not sourced from all markets
  • Report: Millions left without CBS programming amid battle with AT&T
    American City Business Journals20 hours ago

    Report: Millions left without CBS programming amid battle with AT&T

    In an early morning tweet on Saturday, CBS confirmed that its stations had been dropped for DirecTV and AT&T; U-Verse customers.

  • AT&T earnings: Expect another quarter of big video losses
    MarketWatch21 hours ago

    AT&T earnings: Expect another quarter of big video losses

    As approval for T-Mobile US Inc.’s deal with Sprint Corp. looms over the wireless industry, fellow carrier AT&T Inc. will show of the impact of its own mega-deal when the company reports second-quarter results next Wednesday after the closing bell.

  • Barrons.comyesterday

    Alabama’s Pension Sold AT&T, GM, and FedEx Stock, and Bought Walmart

    Retirement Systems of Alabama made the investment moves in the second quarter. Stock in Walmart has reached record highs since then.

  • Reutersyesterday

    UPDATE 1-CBS stations go dark for DirecTV customers amid contract dispute with AT&T

    CBS Corp and AT&T Inc failed to renew their contact, resulting in millions of DirecTV subscribers losing access to CBS programming. CBS television stations in over a dozen U.S. cities, including New York and Los Angeles, went dark for DirecTV customers effective 0200 ET (0600 GMT), CBS said in a statement on Saturday. "While we continue to negotiate in good faith and hope that AT&T agrees to fair terms soon, this loss of CBS programming could last a long time," CBS added, as the companies blamed one another for the deal's collapse.

  • Reutersyesterday

    CBS stations go dark for DirecTV customers amid contract dispute with AT&T

    CBS television stations in over a dozen U.S. cities, including New York and Los Angeles, went dark for DirecTV customers effective 0200 ET (0600 GMT), CBS said in a statement on Saturday. "While we continue to negotiate in good faith and hope that AT&T agrees to fair terms soon, this loss of CBS programming could last a long time," CBS added, as the companies blamed one another for the deal's collapse. CBS, the network with hit shows like "NCIS" and "The Late Show with Stephen Colbert" is directing customers to a website called "KeepCBS.com", where they are urged to mail, call or post messages onto DirecTV's social media pages.

  • Buy Netflix (NFLX) Stock on the Dip Despite Q2 Subscriber Worries?
    Zacks2 days ago

    Buy Netflix (NFLX) Stock on the Dip Despite Q2 Subscriber Worries?

    Investors fled Netflix (NFLX) stock after the firm reported potentially worrisome Q2 subscriber figures on Wednesday. Now many on Wall Street are left to wonder if the major user miss is a hiccup for an impressive growth stock, or the start of much tougher times.

  • Netflix’s content strategy isn’t working, so expect even more drops in the stock
    MarketWatch2 days ago

    Netflix’s content strategy isn’t working, so expect even more drops in the stock

    Netflix has no chance of coming close to achieving the future cash flows baked into a current share price of around $325.

  • 3 Earnings Reports to Watch Next Week
    InvestorPlace2 days ago

    3 Earnings Reports to Watch Next Week

    Editor's note: InvestorPlace's Earnings Reports to Watch is updated weekly. Please check back next week for our latest earnings picks.Earnings season has arrived - and so far, it hasn't been great news. Bank earnings reports looked mixed. Netflix (NASDAQ:NFLX) fell hard after earnings, hitting tech indices. The market isn't quite set to crash, but a modest pullback this week at the beginning of the earnings calendar might suggest some caution.Further downside wouldn't be necessarily surprising, but it would be ironic. As I've noted in this space before, the worry about the market in recent months was that a relative lack of earnings reports would be a problem. Corporate earnings mostly provided good news for the market in recent years. External factors, most notably the trade war with China, were seen as the big risk.InvestorPlace - Stock Market News, Stock Advice & Trading TipsU.S. equities instead confounded expectations by moving higher despite seemingly negative news on the macro and political fronts. The risk now, with the earnings calendar again full, is that investors might be asking more of U.S. companies than they can provide in this environment.The earnings calendar this week should provide some clarity on that front. Several key companies will report and give a picture of demand in important markets: Caterpillar (NYSE:CAT), industrial distributor W.W. Grainger (NYSE:GWW), Visa (NYSE:V), Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL), AT&T (NYSE:T), United Parcel Service (NYSE:UPS), Intel (NASDAQ:INTC), and others. * 10 Tech Stocks That Are Still Worth Your Time (And Money) But the focus here will be on two of the largest companies - the kind that can move indices and markets - and perhaps the market's most controversial stock. In all three cases, the reaction to earnings reports will be as interesting as the numbers themselves. This is a big week, and the biggest names will have the biggest impact. Facebook (FB)Source: Shutterstock Earnings Report Date: Wednesday, July 24, after market closeThere's one positive for Facebook (NASDAQ:FB) ahead of its Q2 earnings report. Wednesday afternoon's release almost certainly won't be worse than the second quarter release last year.A year ago Facebook guided for significantly higher spending, which spooked investors. FB stock fell 20% the next day, the largest one-day loss of market value in history.That said, Facebook earnings could be a little dicey. FB stock still hasn't recovered all of last year's losses (which continued to a December low at which point the stock was down over 40%), but it has come close. Expectations clearly have been normalized. Worries about user defections amid the company's scandals have faded.Investors seem to believe that all is back to normal for Facebook. I'm inclined to agree. But if that's not the case - particularly if Facebook shows any weakness on the user front - there's not nearly as much downside priced in. A difficult quarter for Facebook could read across to other social media plays like Twitter (NYSE:TWTR) and Snap (NYSE:SNAP).Facebook has convinced a lot of investors so far that it's back on track. It will need to convince a few more to rally further next week. Tesla (TSLA)Source: Shutterstock Earnings Report Date: Wednesday, July 24, after market closeA big quarter looms for the market's most divisive stock, Tesla (NASDAQ:TSLA). Shares bounced 44% since TSLA stock hit a 30-month low in late May - but still sit 34% off highs reached after the company's supposed sale nearly a year ago.Tesla already has reported deliveries for the quarter, which were a record. But the question bears (myself included) are asking is: were those deliveries profitable? With mix shifting to the lower-priced Model 3 and away from the S and the X, Tesla profits could disappoint.That's just one reason why this is a big quarter for TSLA. After the hugely disappointing Q1, a strong quarter would re-engage the growth narrative here - and put TSLA stock on track to head back to the $300-range. It would establish that Tesla can be profitable with the 3 - which significantly improves the long-term case for the stock. * 9 Retail Stocks Goldman Sachs Says Are Ready to Rip There's no shortage of Tesla skeptics out there: CEO Elon Musk and Tesla can quiet those doubters with a big quarter. Anything less, and margin and profit worries stay front and center for at least the rest of the year. Amazon (AMZN)Source: Shutterstock Earnings Report Date: Thursday, July 25, after market closeAt this point, Amazon's (NASDAQ:AMZN) earnings report matters simply because Amazon matters. Its revenue is deep enough and broad enough that it acts as a proxy for the broader U.S. economy. Its valuation - still 52x 2020 EPS estimates - is high enough that investor reaction to its earnings can signal potential reactions elsewhere. For instance, AMZN sold off sharply despite a decent Q3 report in late October, and tech stocks as a whole plunged for the next seven weeks.And so Amazon's earnings report on Thursday evening will be important for the market as a whole. The stock again has suffered from the "trillion dollar curse" in recent sessions. Valuation concerns remain.If investors are willing to bid up AMZN after the Q2 earnings report, there's room for other growth stocks to keep rising. If AMZN stock gets pounded after a strong quarter, however, investors need to stay on guard. We saw exactly that happen nine months ago - and it signaled on the largest sell-offs of the decade.As of this writing, Vince Martin has a bearish options position in Tesla. He has no positions in any other securities mentioned. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Tech Stocks That Are Still Worth Your Time (And Money) * 7 Marijuana Stocks With Critical Levels to Watch * 7 of the Best Smart-Beta ETFs to Target Right Now The post 3 Earnings Reports to Watch Next Week appeared first on InvestorPlace.

  • AT&T could grab about $3B in potential sale of Puerto Rican operations amid debt burden, reports say
    American City Business Journals2 days ago

    AT&T could grab about $3B in potential sale of Puerto Rican operations amid debt burden, reports say

    As AT&T; looks to lighten its debt load, the Dallas-based telecommunications and media giant may be looking to unload another asset.

  • Motley Fool2 days ago

    Microsoft's Cloud Business Seals Another Win With AT&T Deal

    The "preferred cloud provider" agreement with the telecom giant is yet more proof that the aging software giant has successfully reinvented itself.

  • HBO Max names three former Turner Broadcasting leaders to its exec team
    American City Business Journals2 days ago

    HBO Max names three former Turner Broadcasting leaders to its exec team

    HBO Max, HBO's new streaming service targeted at children and young adults, has named its executive team, which includes three former Turner Broadcasting executives.

  • On the market: Prime downtown San Jose development parcel next to Adobe, Zoom and CityView
    American City Business Journals2 days ago

    On the market: Prime downtown San Jose development parcel next to Adobe, Zoom and CityView

    The site sits in the heart of downtown San Jose's booming development scene. It's walking distance to San Pedro Square, a block from Adobe's headquarters — where the software company recently broke ground on a new 1.3 million-square-foot office tower addition — and is across the street from CityView Plaza, which developer Jay Paul Co. purchased last year for $283.5 million.

  • Market Realist2 days ago

    T-Mobile and Sprint Merger Has a Deadline

    The T-Mobile (TMUS) and Sprint (S) merger is in jeopardy again. The companies have to settle the deal by July 29.

  • Microsoft (MSFT) Q4 Earnings & Revenues Top Estimates, Up Y/Y
    Zacks2 days ago

    Microsoft (MSFT) Q4 Earnings & Revenues Top Estimates, Up Y/Y

    Microsoft (MSFT) gains from enterprise strength, robust Office 365 & Azure adoption.

  • Will Healthy Top-Line Growth Buoy AT&T (T) Q2 Earnings?
    Zacks2 days ago

    Will Healthy Top-Line Growth Buoy AT&T (T) Q2 Earnings?

    Increased 5G deployment, thrust on digital and media business along with focus on edge computing capabilities are likely to enable AT&T (T) to generate higher second-quarter 2019 revenues.

  • Market Realist2 days ago

    AT&T Might Sell Puerto Rico Business to Offload Debt

    On Thursday, a Thomson Reuters report suggested that AT&T; (T) might sell its business in Puerto Rico for around $3 billion.

  • AT&T Stock is Now the Content Play Formerly Known as a Tech Stock
    InvestorPlace2 days ago

    AT&T Stock is Now the Content Play Formerly Known as a Tech Stock

    AT&T (NYSE:T) has begun the hard task of trying to pay back the debt it took on buying Time Warner. T stock investors got a sense this week of just how difficult that's going to be, as they were reminded of how big of a mistake the company made on the deal.Source: Shutterstock The company took to the airwaves this week to try to convince the world that its outsourcing of cloud to International Business Machines (NYSE:IBM) is somehow getting it back into the tech game.IBM said it will run its software defined network operations through AT&T and the two companies will also go to market together. But it's clear from IBM's press release that if money is moving here, it's moving from AT&T to IBM, not the other way around.InvestorPlace - Stock Market News, Stock Advice & Trading TipsBetween the lines of this week's announcement, it's clear that AT&T is out of the technology business. Hide the LayoffsAT&T is quietly moving toward yet-another round of layoffs while insisting that calling them layoffs is misleading. More T-speak is in store.A plan to start charging $4/month to block spam is sold as an automatic block on robocalls. Grants to study quantum computing are spun as AT&T entering the space.A "me-too" streaming service called HBO Max is called innovation because it includes 20-year old re-runs while AT&T quietly cuts headcounts at WarnerMedia. * 10 Stocks to Sell for an Economic Slowdown AT&T is grabbing for cash wherever it can find it. Bounty hunters and stalkers are being told just where their victims are without regard to consequences. Customers who sue are being told by AT&T lawyers they have no rights in court and must go to binding arbitration it controls.AT&T has pushed through multiple price increases at DirecTv Now while playing hardball with network affiliates, taking them off its systems. Desperate for CashThere's good reason for AT&T to be nickel-and-diming everyone. You won't find it in the income statement. Look at the balance sheet and statement of cash flows.In March AT&T reported it had $185 billion in long-term debt but only $152 billion in property, plant and equipment. It claimed more than $162 billion worth of "intangible assets" and $146 billion of "goodwill" to boost its asset total to $583 billion. There is also $104 billion in undefined "other liabilities."AT&T reported $11 billion of operating cash flow, but $5.4 billion went back into maintaining the debt load and $3.7 billion was needed to pay its dividend. The best cash flow report in a year showed $1.2 billion in net cash.As I noted a few weeks ago, AT&T has an enormous technology debt. Much of its physical plant is obsolete, wires for phone services no one wants. Its wireless unit will increasingly compete with its U-Verse cable as 5G is rolled out. Cord-cutting means those Warner Media cable channels aren't worth what you think, either. * 7 Dependable Dividend Stocks to Buy The reason you buy AT&T stock is for that 51 cents per share dividend. But the more AT&T pounds the table to bring the stock price up, the less valuable even that becomes. The stock market's recent rise has pressured the yield from almost 6.6% to about 6%. The stock enters trade July 17 a nickel higher than the analysts' average target price for this time next year. Bottom Line on AT&T StockIf AT&T CEO Randall Stephenson wanted to bet the company on a big acquisition, he should have bought IBM. It's at least a technology company. Instead he bought Time Warner, a media company whose assets mostly serve the dying niche of cable.If AT&T can squeeze profits from captive customers for the next 10 years, it might make a dent in its debt load. But the assets are rapidly declining in value. This story will not end well.Dana Blankenhorn is a financial and technology journalist. He is the author of the mystery thriller, The Reluctant Detective Finds Her Family, available at the Amazon Kindle store. Write him at danablankenhorn@gmail.com or follow him on Twitter at @danablankenhorn. As of this writing he owned no shares in companies mentioned in this article. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Stocks Top Investors Are Buying Now * The 10 Best Cryptocurrencies to Keep on Your Radar * 7 Marijuana Penny Stocks That Could Triple (But You Won't Make Money) The post AT&T Stock is Now the Content Play Formerly Known as a Tech Stock appeared first on InvestorPlace.

  • MoneyShow2 days ago

    ATT Inc. T- 2019 Top Picks' Mid-Year Update

    Ben Reynolds selected AT&T; Inc. (T) as his favorite investment for 2019. The stock rose 17.4% in the first half of the year. Here's the latest update on the telecom giant from income expert and editor of Sure Dividend.

  • Bloomberg2 days ago

    Small Broadband Companies Claim FCC Win Over AT&T and Verizon

    (Bloomberg) -- The largest U.S. telephone companies last year asked regulators to kill limits on the rates smaller carriers can be charged for connecting to the giants’ networks.Now the small carriers are claiming they have successfully defended the regulations as the Federal Communications Commission nears conclusion of a proceeding it has acted on in parts.“We see it as a huge victory,” said Chip Pickering, chief executive officer of the trade group Incompas. Its member companies that offer broadband service and need to connect through lines controlled by companies such as AT&T Inc. and Verizon Communications Inc.The regulations are designed to ensure small companies have access to lines that carry traffic for businesses, schools and homes -- and can use those connections to expand broadband competition by building new fiber links.USTelecom, a trade group with members including AT&T and Verizon, filed the petition with the FCC to eliminate rules in May 2018 and is claiming a partial victory.“We’re thrilled about the steps taken by the FCC to grant important parts” of the petition, Jonathan Spalter, chief executive officer of USTelecom, said in an interview.Eliminating the rules clears the way for more investment in modern networks, according to the trade group.1996 RulesIn its petition, USTelecom said more companies are offering service, undermining the need for the rules put in place in 1996, as the U.S. opened communications markets to more competition.For instance, companies subject to the rules served 186 million wholesale and retail land lines in 2000 compared with 35 million in 2018, according to the petition, which added that some 60% of U.S. households have turned to wireless service.“The mandates at issue here -- principally involving access to old copper network facilities and protections related to an extinct ‘long distance voice market’ -- are not necessary to protect competition or consumers,” USTelecom said in its petition.The agency eliminated some reporting requirements in April, and earlier this month lifted pricing regulations for lines that carry bulk business traffic in most of the country -- decisions that together represented “substantial and meaningful” progress, according to a blog post by Spalter.In June, USTelecom withdrew its request to remove rules around fiber lines that can carry signals from town to town, usually in less populated areas. And in July it withdrew its request to kill rules about local lines that can carry broadband.Copper LinesThe FCC must act on the remainder of USTelecom’s petition by Aug. 2, and Chairman Ajit Pai has recommended the agency remove rate mandates on old copper lines that provide voice service, according to a background document provided by the FCC.The FCC, while not commenting on the outcome, said in a statement that the issues that remain to be decided “were intended to open monopoly local phone companies to competition in voice services” and are no longer necessary.Incompas, representing the small service providers, says it scored victories with the withdrawals by USTelecom of portions of the petition in June and July. The trade group led a campaign that included letters from more than 9,000 customers to the FCC, where Pai has emphasized creating more broadband connections.“When it comes to fiber, they’re removing barriers,” said Pickering, the Incompas leader. “We won the case by being consistent with the commission’s priorities.”Spalter, the USTelecom chief, said his group would continue to make the case for lifting old rules. “As surely as the sun sets in the west, there will be time and space for the FCC to modernize the outdated rules, to make them reflect the competition that exists,” Spalter said.To contact the reporter on this story: Todd Shields in Washington at tshields3@bloomberg.netTo contact the editors responsible for this story: Jon Morgan at jmorgan97@bloomberg.net, John HarneyFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • AT&T Is Weighing Sale of Puerto Rican Unit to Pay Down Debt
    Bloomberg3 days ago

    AT&T Is Weighing Sale of Puerto Rican Unit to Pay Down Debt

    (Bloomberg) -- AT&T Inc., looking for ways to pay down debt after the $85 billion takeover of Time Warner Inc. last year, is considering the sale of its Puerto Rican operations, according to a person familiar with the situation.The business could fetch about $3 billion, said the person, who asked not to be identified because the matter is private. The potential sale was reported earlier Thursday by Reuters.The telecom giant has been looking to strengthen its balance sheet after the Time Warner purchase turned it into a sprawling media conglomerate. It previously agreed to sell its stake in Hulu and its New York offices -- deals that generated about $3.6 billion.It’s also weighing a sale of its regional sports networks, part of a plan to cut as much as $8 billion in debt by the end of the year, people with knowledge of the matter said earlier this month. The four regional networks, which includes rights to teams such as the hockey’s Pittsburgh Penguins, basketball’s Houston Rockets and baseball’s Seattle Mariners, could fetch close to $1 billion, the people said.Chief Executive Officer Randall Stephenson has said the company’s top priority this year is to reduce debt. Investors have generally been supportive of the efforts. The shares are up 16% this year, outpacing the 1.8% gain of top rival Verizon Communications Inc.(Updates with other deals starting in third paragraph)To contact the reporter on this story: Scott Moritz in New York at smoritz6@bloomberg.netTo contact the editor responsible for this story: Nick Turner at nturner7@bloomberg.netFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Microsoft Earnings Beat Views As Commercial Cloud Sales Soar
    Investor's Business Daily3 days ago

    Microsoft Earnings Beat Views As Commercial Cloud Sales Soar

    Software leader Microsoft late Thursday trounced Wall Street's earnings target on roughly in-line sales for its fiscal fourth quarter. The Microsoft earnings news pushed its stock higher.

  • Reuters3 days ago

    AT&T explores sale of its Puerto Rico business - sources

    The sale process comes as AT&T, the second-largest U.S. wireless carrier, seeks to cut the debt pile it took on to purchase Time Warner Inc for $85 billion last year. AT&T has hired a financial adviser to manage the sale process, the sources said, cautioning that it is possible no deal will materialise. AT&T's business in Puerto Rico comprises internet, TV, landlines and business services.

  • Reuters3 days ago

    AT&T explores sale of its Puerto Rico business -sources

    AT&T Inc is exploring options for its business in Puerto Rico that could include a potential sale for around $3 billion, people familiar with the matter said on Thursday. The sale process comes as AT&T, the second-largest U.S. wireless carrier, seeks to cut the debt pile it took on to purchase Time Warner Inc for $85 billion last year. AT&T has hired a financial adviser to manage the sale process, the sources said, cautioning that it is possible no deal will materialize.