In recent trading session, AT&T, Inc. (NYSE:T) saw 14.95 million shares changing hands at last check today with its beta currently measuring 0.56. Company’s recent per share price level of $19.62 trading at $0.46 or 2.43% at last check today assigns it a market valuation of $140.71B. That most recent trading price of T’s stock is at a premium of 1.48% from its 52-week high price of $19.33 and is indicating a premium of 29.2% from its 52-week low price of $13.89. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 40.34 million shares which gives us an average trading volume of 33.45 million if we extend that period to 3-months.

For AT&T, Inc. (T), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 2.17. Splitting up the data highlights that, out of 25 analysts covering the stock, 1 rated the stock as a Sell while 1 recommended an Overweight rating for the stock. 5 suggested the stock as a Hold whereas 18 see the stock as a Buy. 0 analyst(s) advised it as an Underweight.

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

Upright in the green today for gaining 2.43%, in the last five days T remained trading in the green while hitting it’s week-highest on Thursday, 07/25/24 when the stock touched $19.62 price level, adding 0.56% to its value on the day. AT&T, Inc.’s shares saw a change of 16.95% in year-to-date performance and have moved 2.48% in past 5-day. AT&T, Inc. (NYSE:T) showed a performance of 5.00% in past 30-days. Number of shares sold short was 101.54 million shares which calculate 2.95 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 26 to the stock, which implies a rise of 24.54% to its recent value today. Analysts have been projecting 16 as a low price target for the stock while placing it at a high target of 210. It follows that stock’s current price would jump 18.45% in reaching the projected high whereas dropping to the targeted low would mean a gain of 18.45% for stock’s current value.

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

Statistics highlight that AT&T, Inc. is scoring comparatively lower than the scores of other players of the relevant industry. The company added 17.66% of value to its shares in past 6 months, showing an annual growth rate of -7.47% while that of industry is -1.80. Apart from that, the company came lowering its revenue forecast for fiscal year 2024.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -7.15% during past 5 years. In 2024, company’s earnings growth rate is likely to be around -8.31% while estimates for its earnings growth in next 5 years are of 1.22%.

T Dividends

AT&T, Inc. is more likely to be releasing its next quarterly report in August and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt. With an annual yield of 5.66%, the share has a forward dividend of 1.11 which implies that company’s dividend yield remained growing in trailing twelve months while having a 5 year average dividend yield of 7.11%.

AT&T, Inc. (NYSE:T)’s Major holders

Insiders are in possession of 0.08% of company’s total shares while institution are holding 59.37 percent of that, with stock having share float percentage of 59.42%. Investors also watch the number of corporate investors in a company very closely, which is 59.37% institutions for AT&T, Inc. that are currently holding shares of the company. VANGUARD GROUP INC is the top institutional holder at T for having 624.99 million shares of worth $11.0 billion. And as of 2024-03-31, it was holding 8.7035 of the company’s outstanding shares.

The second largest institutional holder is BLACKROCK INC., which was holding about 533.05 million shares on 2024-03-31. The number of shares represents firm’s hold over 7.4231 of outstanding shares, having a total worth of $9.38 billion.