AT&T, Inc. (NYSE: T) Could Be A Good Bet If You’re A Risk-Capital Investor

In the last trading session, 54.15 million shares of the AT&T, Inc. (NYSE:T) were traded, and its beta was 0.56. Most recently the company’s share price was $16.31, and it changed around -$0.2 or -1.21% from the last close, which brings the market valuation of the company to $116.66B. T currently trades at a discount to its 52-week high of $18.72, offering almost -14.78% off that amount. The share price’s 52-week low was $13.43, which indicates that the current value has risen by an impressive 17.66% since then. We note from AT&T, Inc.’s average daily trading volume that its 3-month average coming to 38.50 million.

AT&T, Inc. stock received a consensus recommendation rating of Hold, based on a mean score of 2.36. If we narrow it down even further, the data shows that 0 out of 30 analysts rate the stock as a Sell; another 6 rate it as Overweight. Among the rest, 20 recommended T as a Hold, whereas 3 deemed it a Buy, and 1 rated it as Underweight. AT&T, Inc. is expected to report earnings per share of $Dutch TTF Natural Gas Calendar for the current quarter.

AT&T, Inc. (NYSE:T) trade information

Instantly T has showed a red trend with a performance of -1.21% at the end of last trading. The performance over the last five days has remained in the green territory. The company’s shares are currently down -2.80% year-to-date, but still up 0.43% over the last five days. On the other hand, AT&T, Inc. (NYSE:T) is -4.95% down in the 30-day period.

The consensus price target as assigned by Wall Street analysts is $37.94, which translates to bulls needing to increase their stock price by 57.01% from its current value. Analyst projections state that T is forecast to be at a low of $16 and a high of $210.

AT&T, Inc. (T) estimates and forecasts

AT&T, Inc. share prices are performing particularly well not compared to other companies within the same industry. As is evident from the statistics, the company’s shares have risen 6.88 percent over the past six months and at a -8.30% annual growth rate that is well below the industry average of 14.50%.

Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -7.15%. AT&T, Inc. earnings are expected to increase by -8.02% in 2024, but the outlook is positive 0.71% per year for the next five years.

T Dividends

AT&T, Inc.’s next quarterly earnings report is expected to be released in May. The annual dividend yield of the stock is 6.81 percent and its annual dividend per share was 1.11. It is important to note, however, that the 6.81% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision.