|Bid||38.20 x 2900|
|Ask||38.26 x 2200|
|Day's Range||37.95 - 38.28|
|52 Week Range||26.80 - 39.70|
|Beta (5Y Monthly)||0.58|
|PE Ratio (TTM)||17.15|
|Earnings Date||Jan 29, 2020|
|Forward Dividend & Yield||2.04 (5.32%)|
|1y Target Est||39.02|
‘Home Alone’ will be revived for Disney’s streaming service Disney+ and will star ‘JoJo Rabbit’ breakout star Archie Yates, but OG fans are still not impressed as criticism mounts around Hollywood's recent reboot craze. Yahoo Finance's Alexandra Canal breaks it down. Zack Guzman & Emily McCormick, along with former 'Bachelorette' star Jason Tartick join in on the conversation.
"In the spirit of innovation, we’re excited to be hosting Together We Hack, our global employee social-good themed hackathon," Xandr's Kirk McDonald says.
A multimillion-dollar gift will support the development of a new Institute of the Americas in the eight-story tower.
AT&T Inc. said Friday its board has agreed to increase its quarterly dividend by 2% to 52 cents a share. The new dividend is payable Feb. 3 to shareholders of record as of Jan. 10. The company said it has begun retiring shares after entering a $4 billion accelerated share repurchase program and plans to retire about $100 million worth in the first quarter of 2020. AT&T is also on track to hit its 2019 net debt-to-adjusted EBITDA ratio target in the 2.5 times range and expects its leverage ratio to range from 2.0 times to 2.25 times by the end of 2022. Shares were slightly lower Friday, but have gained 34% in 2019, while the S&P 500 has gained 26%.
AT&T Inc.* (NYSE:T) today provided an update to shareholders regarding the status of its capital allocation strategy.
Amazon (NASDAQ:AMZN) has reported a significant decline in its Amazon Web Services operating margin in recent quarterly earnings. The operating margin of AWS declined from 31.1% in the year-ago quarter to 25.1% in the latest quarter, a staggering 600-basis points fall.Source: Rocky Grimes / Shutterstock.com Despite a 35% year-over-year growth in revenue, the operating income grew by a mere 6%, excluding foreign exchange. One of the main reasons behind this sudden fall in operating income is the changing dynamics within the cloud industry.Microsoft (NASDAQ:MSFT) is the chief rival of AWS. It reported 59% growth in its Azure cloud segment. The revenue base of Microsoft's cloud segment has increased to a level at which it is competing with AWS on even the most lucrative of cloud deals. Microsoft recently won a $10 billion cloud contract from the U.S .Department of Defense. Amazon was another of the main bidders.InvestorPlace - Stock Market News, Stock Advice & Trading TipsPlus, Microsoft's multi-billion partnership with AT&T (NYSE:T) is also going smoothly. In the last few days, it has won a partnership with Salesforce (NYSE:CRM).We could also see Microsoft emerge as the chief cloud option -- outside of AWS -- for clients such as Walmart (NYSE:WMT). These factors can curb the growth of AWS and also squeeze its margins. This will be the biggest headwind for Amazon stock in the next few quarters. Negative Trends for AWSThe decline in overall operating income from Amazon was a bit shocking. Management cited growing shipping costs as one of the main reasons behind this decline. However, looking closely at all the business segments, we can see that AWS has played a key role in the fall of operating income. * These 7 S&P 500 Stocks Will Deliver a Repeat Performance in the Next Decade Amazon reported 35% year-over-year revenue growth in AWS. This is a bit lower than in previous quarters, but it is still quite good. However, the operating income of AWS increased by a mere 6%. This is a big change compared to the year-ago quarter. AWS is the main contributor to Amazon's operating income.Hence, single-digit operating income growth in AWS played a big role in pulling down the overall operating income of the company. This also led to the first decline in company-wide operating margin in the last few quarters. Slower revenue growth and falling margins are a major challenge for Amazon stock Microsoft Goes All-InMicrosoft is making an aggressive pitch to gain market share in the cloud segment. The revenue growth in Azure has been higher than in AWS for the past few quarters. In the latest quarter, Azure grew by 59% compared to 35% growth in AWS.Microsoft does not break down the Azure revenues, but the consensus estimate is that it is right behind Amazon in terms of cloud market share. The commercial cloud revenue of the company which includes Azure, Office 365 commercial and Dynamics 365 reported year-over-year growth of 36% to $11.6 billion. More importantly, management mentioned that the gross margin of this segment expanded by 4 percentage points on a year-over-year basis. They forecast that this expansion will continue into fiscal 2020. Microsoft Has the AdvantageIn the long term, Microsoft has a number of important advantages against AWS. One of the biggest is that it is not Amazon. Clients in industries like retail, finance, healthcare and content streaming would like to avoid taking cloud services from Amazon as it is their main competitor. For example, Walmart made a strategic partnership with Microsoft in 2018 to buy cloud services. If Walmart were to buy the same cloud service from Amazon, it would only strengthen its chief rival.This is true even in international markets. Microsoft is the cloud provider for Jio and Eros Now in India. Both of these companies view Amazon as a competitor.Microsoft has been able to increase its revenue from India to over $1 billion on the back of the cloud push. This trend could repeat in other important international regions where Amazon provides retail services. Amazon is also focusing on its financial platform, which makes it a competitor to traditional financial players. Microsoft does not compete in this segment, making it a better alternative compared to AWS.MSFT also has the advantage of high margins in other segments. While Amazon depends heavily on AWS to boost its profits, Microsoft has a more diversified profit base. This allows Microsoft to give greater discounts to gain market share. We have already seen this in the growth rates of Azure mentioned above. If Amazon wants to show respectable growth in AWS, it would need to give higher discounts. This will end up hurting its operating margin in this segment as well as the overall margins. Impact on EarningsMicrosoft cloud growth will be the biggest headwind for Amazon stock in the next few quarters. It should be noted that recent estimates have valued AWS at a standalone valuation of over $500 billion, almost 60% of Amazon's market capitalization. If the revenue growth in this segment falls substantially or there is a further decline in AWS operating margins, we could see a bearish sentiment towards AMZN stock.AMZN stock's trailing price-to-earnings ratio is close to 80. This is quite high if the company shows a negative trend in earnings per share. The fall in operating margin in the latest quarter has led to a big decline in EPS and also reduced future EPS estimates.Investors should closely monitor the revenue and margin trends in AWS over the next few quarters. This will show if the recent results were due to some seasonal issue or if they are part of a long-term headwind. My Takeaway on AMZN StockMicrosoft is rapidly growing its cloud revenue which makes it a major challenge for AWS. In the latest quarter, Microsoft's Azure showed a revenue growth of 59% compared to 35% by AWS. The gross margins of the cloud operations of Microsoft have also expanded by 4% while the operating margin of AWS has declined by 6 percentage points compared to the year-ago quarter.Microsoft can continue to use its huge resources to build its cloud business. It will also be at an advantage due to the fact that it is a better option than AWS for many cloud consumers who view Amazon as their competitor. If the current trend of declining margins in AWS continues in the next few quarters, it could lead to negative sentiment towards AMZN stock.As of this writing, Rohit Chhatwal did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * These 7 S&P 500 Stocks Will Deliver a Repeat Performance in the Next Decade * 7 Tech Stocks to Stuff Your Stocking With * 7 Sinfully Good Casino Stocks That Could Win the Jackpot in 2020 The post Amazon's Cloud Battle With Microsoft Weighs on AMZN Stock appeared first on InvestorPlace.
At CES 2020, the massive consumer electronics show running Jan. 7-10 in Las Vegas, new streaming services from NBCUniversal, Quibi and WarnerMedia are likely to make headlines.
The biometric platform, which will be used for the Spurs' remaining home games this season and other select events, could one day enable fans to enter the arena without having to show a paper or mobile ticket.
When writing this article, I was looking for an ideal list of dividend-paying stocks that consistently raise their dividends each year. In addition, the dividend yields have to be higher than average. I used a cutoff of 4 to 6% dividend yield.This is much higher than the S&P 500, with its dividend yield of 1.8%. So picking these stocks has a good chance of appreciation.The stocks also have to be cheap. The price-to-earnings ratio hurdle to make my list is 11 times or lower. This is significantly lower than most stocks trading today. For example, the S&P 500 P/E ratio is 23.8 times earnings. On a forward basis, it is slightly below 20x. So my cutoff is almost 50% to 60% of the market average.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * The 10 Worst Dividend Stocks of the Decade Lastly, the company has to be able to afford the dividends. Earnings per share must be higher than the dividend per share.Even with as strict as all that may sound, I still found five stocks that met these criteria in spades. You might consider investing in them. Dividend Stocks to Buy: AT&T (T)Dividend Yield: 5.3%Price-to-Earnings Ratio: 10.8xAverage Dividend Growth Over 5 Years: 2%Source: Mark R. Hake AT&T (NYSE:T) has consistently raised its dividends to shareholders each year. You can see this in the chart I prepared, at right. Dividends per share are growing consistently by 2% or higher each year over the past three to five years.In addition, AT&T is very cheap compared to its earnings per share. The P/E ratio is below 11x.AT&T purchased Time Warner a little over a year ago and is still in the process of integrating the company. Analysts expect earnings to grow by 2.2% in 2020. Moreover, this is also the same amount by which dividends are expected to grow next year.T stock is expected to begin buying back shares on a larger scale. I recently wrote an article about this which you can read here. Moreover, earnings cover T stock dividend very well. The $2.05 dividend rate represents just 57% of its expected $3.55 earnings per share. AbbVie (ABBV)Dividend Yield: 5.3%Price-to-Earnings Ratio: 9.9xAverage Dividend Growth Over 5 years: 21%AbbVie is a $128 billion market value drug manufacturing company. It has consistently raised its dividend over the past five years. You can see this in the chart I have prepared. On average dividends have increased by 21% per year.Source: Mark R. Hake In addition, ABBV stock is very cheap. For example, International Business Machines (NYSE:IBM) stock trades for less than 10 times earnings. In 2020, expected earnings of $9.91 per share put ABBV stock at a P/E of 8.75 times.Abbie made a cash and stock bid for Allergan (NYSE:AGN) in late June 2019. AGN is a $61 billion market cap U.K./U.S. drug company. The deal is expected to close in early 2020. AbbVie claims the deal will significantly increase shareholder value.As it stands, the dividend per share for ABBV stock is well covered by its earnings. The annual $4.72 dividend per share represents just 53% of expected earnings of $8.93 per share. * 7 Sinfully Good Casino Stocks That Could Win the Jackpot in 2020 In sum, ABBV stock looks like a good cheap, high-yield and consistent dividend-paying stock worth buying. Dividend Stocks to Buy: Harley-Davidson (HOG)Dividend Yield: 3.9%Price-to-Earnings Ratio: 11.6xAverage Dividend Growth Over 5 Years: 11.99%Harley-Davidson (NYSE:HOG) stock has a very nice dividend yield of 3.9%. The company has had a rough few years from EU and China tariffs. Nevertheless, HOG has paid consistently higher dividends, as can be seen in the chart. Its average dividend growth has been 12% over the past five years.Source: Mark R. Hake HOG stock presently trades on 11.6 times earnings. The company is experiencing lower earnings from the tariffs and lower bike sales as a result. Nevertheless, it has reduced its costs. Revenue next year is expected to be slightly higher than this year.Earnings for 2020 are expected to be $3.55 per share by analysts covered by Seeking Alpha. That puts HOG stock at less than 11x earnings.The dividend per share of $1.50 is well covered by expected earnings. Once the tariffs are lifted, HOG stock has a good chance of increasing earnings and dividends dramatically.Meanwhile, the dividend yield of almost 4% is a good inducement for investors to wait for things to turn around for Harley-Davidson. International Business Machines (IBM)Dividend Yield: 4.8%Price-to-Earnings: 10.6xAverage Dividend Growth 5 Years: 10.91%IBM has consistently raised its dividend per share over the past 5 years. Its average dividend growth has been stellar at 10.9%. You can see this in the chart at the right.Source: Mark R. Hake In addition, IBM is very cheap. It trades at just 10.6 times earnings. In 2020 EPS is expected to be $13.31 per share, according to Seeking Alpha. This puts IBM stock on just 10x forward earnings.Moreover, IBM's $6.48 dividend per share is just over 50% of the EPS of $12.80 or so expected this year. As a result, you can see the earnings well cover the dividend.I have written several articles on IBM and its push into the hybrid cloud space now that it fully owns Red Hat. IBM paid $34 billion for that acquisition, which closed in early July 2019. IBN believes the hybrid cloud market represents a $1.2 trillion opportunity over the next decade. Most companies will need to move their operations onto the cloud over that period. * 7 Earnings Reports to Watch Next Week This bodes well for IBM over the long run. With its 4.8% dividend yield, IBM stock will pay investors to investors to wait for earnings to take advantage of the expected spike from hybrid cloud growth. Kohl's Corp (KSS)Dividend Yield: 5.5%Price-to-Earnings: 10.3xAverage Dividend Growth 5 Years: 11.4%Kohl's (NYSE:KSS), the department store chain, can catch your eye with a very nice dividend yield of 5.5%. Moreover, KSS has increased its dividend annually on average 11.4% over the past five years.EPS is expected to be $4.77 this year. Therefore KSS's earnings well cover the dividends. Dividends take up just 56% of earnings. In addition, next year EPS is expected to be roughly flat with this year, according to Seeking Alpha.KSS stock trades for about 10 times earnings. KSS stock is very cheap at these prices. For example, several reasons for this relate to tariff headwinds and customers' increasing preference to shop online. Its recent deal to take in Amazon returns will help drive traffic to its physical stores.I believe that Kohl's will be a winner in the omnichannel sales space. At this price, which is very cheap, the dividend pays investors very well to wait for the company to grow earnings.As of this writing, Mark Hake, CFA does not hold a position in any of the aforementioned securities. Mark Hake runs the Total Yield Value Guide which you can review here. The Guide focuses on high total yield value stocks. This includes both high dividend and buyback yield stocks. In addition, subscribers a two-week free trial. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * These 7 S&P 500 Stocks Will Deliver a Repeat Performance in the Next Decade * 7 Tech Stocks to Stuff Your Stocking With * 7 Sinfully Good Casino Stocks That Could Win the Jackpot in 2020 The post 5 Cheap Dividend Stocks With High Yields And Annual Increases appeared first on InvestorPlace.
Shopping centers continue to die, leaving behind vast swaths of undeveloped parking lots. This undiscovered country makes Simon Property Group (NYSE:SPG), the largest owner of shopping malls in the United States, worthy of investment.Source: Jonathan Weiss / Shutterstock.com But if that doesn't excite you, take time to consider the dividend, $8.40 over the last year with a yield of 5.6%. That's what you get with a real estate investment trust. These companies are required to give you their earnings.While best known for owning giant malls like the 110-acre Roosevelt Field on Long Island, Simon's focus these days is on outlet malls. It competes there with Tanger Factory Outlet Centers (NYSE:SKT). Both stocks have been losers for years as the e-commerce boom rolls on.InvestorPlace - Stock Market News, Stock Advice & Trading TipsWhere is the hope in buying companies like this? It's in the real estate. RedevelopmentJust because yesterday's shopping mall of department-store anchors, small shops on air-conditioned walks and acres of surrounding parking is dying, the land isn't necessarily worthless.Simon Property Group has 20 projects underway right now, aimed at transforming its malls into destinations with hotels, or sporting venues with poker and e-sports.The REIT is in a good position to be a developer because it has a low ratio of debt to equity and can easily cover its debt payments. It has $7 billion in liquidity and $1.5 billion in retained cash flow. It has the cash to buy out more troubled rivals and to rebuild its own holdings. Its budget for such work now comes to over $1 billion per year. * The 10 Worst Dividend Stocks of the Decade From a technical perspective, the stock is a bargain right now. As InvestorPlace's Vince Martin notes, the shares are at a five-year low. The $32 billion in assets are highly tangible, many of them desirable suburban locations. You have a balance sheet prepared for Armageddon with a yield better than AT&T (NYSE:T).What else would an income investor need? The Bear CaseThere is a bear case to be made on Simon.It starts with the stock price, which is down 20% over the last five years. Dividend returns are barely keeping up with the deterioration. Long-term technical indicators say "sell it."Then there's management. Its big move this century has been to expand into outlet malls. Tanger, which is more heavily into outlet malls than Simon, has lost more than half its value over the last five years. The strategy of moving into outlets looks unsound. The real estate is less valuable, and the merchandise is all moving online.There may be more questionable decisions on the way. CEO David Simon told his July conference call the company is looking to buy out some tenants, the chain stores closing in retailing's Armageddon. That worked three years ago with Aeropostale. If Simon is going to become a retailer, and not a mall operator, that means it's a riskier play. This adds to the bear case. The Bottom Line on Simon Property GroupSimon Property Group is distressed merchandise, but it will pay you to own it.At its Dec. 12 opening price of $145.58, it's selling at trailing price-to-earnings ratio of 19.4, despite having one of the best dividends around.If you're the kind of investor who likes to buy when everyone around you is screaming "sell," then hold for up to 5 years on hopes of an uptick, Simon Property Group is your kind of deal. It's a good speculation for an income investor with a long-term view. That's why many stock sites are now filled with punters screaming "buy, buy, buy."They might be right.Dana Blankenhorn is a financial and technology journalist. He is the author of the historical mystery romance The Reluctant Detective Travels in Time available now at the Amazon Kindle store. Write him at email@example.com or follow him on Twitter at @danablankenhorn. As of this writing he owned no shares in companies mentioned in this story. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * The 10 Worst Dividend Stocks of the Decade * 7 Game-Changing Tech Stocks to Buy Now * 5 Chinese Stocks to Buy for the Big 2020 Rebound The post Simon Property Group Is Preparing Its Balance Sheet for Armageddon appeared first on InvestorPlace.
Among the leaders who will be rolling off the board are the retired CEO of Cousins Properties, the president and CEO of Porsche Cars North America, and the CEO of Intercontinental Exchange. Former Georgia Tech President Bud Peterson stepped down from the board earlier this year.
AT&T; officially hits the 'on' switch on its 5G network in the U.S., rolling it out in 10 cities including Los Angeles and San Francisco as well as Pittsburgh and Milwaukee - albeit with a catch.
Roku (NASDAQ:ROKU) has always tried to play a neutral role among a host of empires. The streaming-stick provider sells itself as a Switzerland of streaming, offering whatever you want to watch and adding its own ad-supported streaming service free to the bundle.Source: JHVEPhoto / Shutterstock.com But as "World War Streaming" heats up, this isn't good enough for the big boys. They don't want Roku to talk, they want it to die. Before anyone thinks of bidding for the prize, they want to knock it down and see if it bounces back.So far, it has bounced back. The stock fell from nearly $170 per share to just over $100 during September, then from $148 to $120 in November. But, it opened for trade Dec. 12 at $144.73, with a market capitalization of $16.4 billion on trailing-year revenue of under $1 billion.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Subscriber Numbers CountFor investors, Roku has always been a game of Whose Line is it Anyway, the old game show. Everything's improvised and the numbers don't count.That's because, while Roku is a piece of technology, it's a very cheap one. Streaming dongles cost just $25 or so each. For Roku the key metrics have not been stick sales, but the number of accounts and platform revenue. In the third quarter these came in at 32.3 million and $179.3 million. The latter grew 79% from the previous year. * The 10 Worst Dividend Stocks of the Decade By comparison, Netflix (NASDAQ:NFLX) had 60.6 million paying U.S. members at the end of the third quarter. Amazon (NASDAQ:AMZN) has more than 100 million on its Prime plan, but that's free shipping, not just TV. Cloud companies like Amazon are unlikely bidders, because like Apple (NASDAQ:AAPL), they can build a Roku and its market share. Amazon already has.For all their bluster, AT&T (NYSE:T), Comcast (NASDAQ:CMCSA) and Disney (NYSE:DIS) are so far behind Roku and Netflix as to be out of sight. Disney bragged last month of having 10 million members, after putting Disney+ on sale at $6, and making it part of a bundle with Hulu and ESPN+ at Netflix's price. AT&T's HBO Now has 5 million subscribers. Comcast has yet to launch its free "Peacock" network to its cable subscribers. Who Might BidWhat Roku offers an acquirer is that 30 million membership figure, plus distribution in TV sets by Walmart (NYSE:WMT) and others. Walmart itself shouldn't be discounted as a possible buyer. Its Vudu service has yet to take flight -- it's been negotiating with other services to broker memberships.For any of these big players, Roku would be seat-cushion money at its current market cap. The only big streamer whose value puts it out of the running is ViacomCBS (NASDAQ:VIAC), with a market cap of $23.4 billion. Netflix is worth $130 billion, Comcast $190 billion, AT&T $280 billion and Walmart $339 billion.Roku has never put itself up for auction, but over 60% of the stock is held by institutions. The Bottom Line on RokuThe question, for an investor, becomes one of timing. When do you want to get in, how much loss do you wish to risk and what do you think the winning bid might be? Roku continues to act like a bid is not happening, recently paying $150 million for Dataxu, an advertising sales platform. But that just makes it more attractive.When Roku next reports earnings, analysts expect a loss of 14 cents per share on revenue of $391 million. That would be a doubling of the third quarter's revenue, because heavy sales of Roku-equipped TVs are expected under trees this month.My view on Roku is you buy it as a speculation on growth, but keep it for the inevitable take-out. Whatever its current valuation is where the bidding starts, not where it ends.Dana Blankenhorn is a financial and technology journalist. His latest book is Technology's Big Bang: Yesterday, Today and Tomorrow with Moore's Law , essays on technology available at the Amazon Kindle store. Write him at firstname.lastname@example.org or follow him on Twitter at @danablankenhorn. As of this writing he owned shares in AAPL and AMZN. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * The 10 Worst Dividend Stocks of the Decade * 7 Game-Changing Tech Stocks to Buy Now * 5 Chinese Stocks to Buy for the Big 2020 Rebound The post High-Growth Roku Will Make Excellent Takeover Target appeared first on InvestorPlace.
At AT&T1;, we've invested more than $800 million in our Oklahoma wireless and wired networks during 2016-2018. These investments boost reliability, coverage, speed and overall performance for residents and businesses. We've improved critical services that support Public Safety and first responders using the FirstNet communications platform.
Disney+ downloads passed 22 million on mobile devices, the independently owned app-tracking company Apptopia announced Tuesday.
Spam calls have reached “epidemic” status -- with Americans receiving a staggering 5.6 billion robocalls in November alone.
At AT&T1;, we've invested more than $1.5 billion in our St. Louis wireless and wired networks during 2016-2018. These investments boost reliability, coverage, speed and overall performance for residents and businesses. We've also improved critical services that support Public Safety and first responders using the FirstNet communications platform.
At AT&T1;, we've invested nearly $625 million in our Kansas City wireless and wired networks during 2016-2018. These investments boost reliability, coverage, speed and overall performance for residents and businesses. We've also improved critical services that support Public Safety and first responders using the FirstNet communications platform.
At AT&T1;, we've invested more than $100 million in our Wichita wireless and wired networks during 2016-2018. These investments boost reliability, coverage, speed and overall performance for residents and businesses. We've also improved critical services that support Public Safety and first responders using the FirstNet communications platform.
At AT&T1;, we've invested nearly $1.8 billion in our Missouri wireless and wired networks during 2016-2018. These investments boost reliability, coverage, speed and overall performance for residents and businesses. We've also improved critical services that support Public Safety and first responders using the FirstNet communications platform.