In the last trading session, 29.35 million AT&T, Inc. (NYSE:T) shares changed hands as the company’s beta touched 0.58. With the company’s per share price at $21.66 changed hands at -$0.19 or -0.87% during last session, the market valuation stood at $155.31B. T’s last price was a discount, traded about -3.14% off its 52-week high of $22.34. The share price had its 52-week low at $14.74, which suggests the last value was 31.95% up since then. When we look at AT&T, Inc.’s average trading volume, we note the 10-day average is 27.76 million shares, with the 3-month average coming to 33.93 million.

Analysts gave the AT&T, Inc. (T) stock a consensus recommendation rating of Buy, calculated at a mean rating of 2.18. If we narrow down to specifics, the data shows that 1 out of 25 analysts rate the stock as a Sell, with a further 1 assigning it an Overweight rating. Of the remaining, 5 recommended T as a Hold, 18 felt it is a Buy and 0 rated the stock as Underweight. AT&T, Inc.’s EPS for the current quarter is expected to be 0.57.

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

Instantly T was in red as seen at the end of in last trading. With action 1.88%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 29.08%, with the 5-day performance at 1.88% in the green. However, in the 30-day time frame, AT&T, Inc. (NYSE:T) is 0.56% up. Looking at the short shares, we see there were 129.61 million shares sold at short interest cover period of 3.17 days.

The consensus price target for the stock as assigned by Wall Street analysts is 24, meaning bulls need an upside of 9.75% from its current market value. According to analyst projections, T’s forecast low is 18 with 44 as the target high. To hit the forecast high, the stock’s price needs a -103.14% plunge from its current level, while the stock would need to tank 16.9% for it to hit the projected low.

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

Data shows that the AT&T, Inc. share is performing relatively much not better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 32.80% over the past 6 months, a -7.88% in annual growth rate that is considerably lower than the industry average of 4.80%. Year-over-year growth is forecast to reach 0.20% up from the last financial year.

Consensus estimates given by 17 financial analysts project the company’s revenue in the current quarter to hit an average of 30.44B. 16 analysts are of the opinion that AT&T, Inc.’s revenue for the current quarter will be 32.31B. The estimates for the next quarter sales put growth at 0.90%.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -7.15%. The 2024 estimates are for AT&T, Inc. earnings to decrease by -8.59%, but the outlook for the next 5-year period is at 2.28% per year.

T Dividends

AT&T, Inc. is expected to release its next quarterly earnings report in November. The 5.12% annual yield figure for the share gives it an annual dividend of 1.11. It is important to note, however, that the 5.12% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision. During the past 5 years, the average dividend yield was 7.1 per year.

AT&T, Inc. (NYSE:T)’s Major holders

If we look at who the major shareholders are, we find that insiders hold 0.08% of AT&T, Inc. shares while 61.07% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 61.12%. There are 61.07% institutions holding the AT&T, Inc. stock share, with VANGUARD GROUP INC the top institutional holder. As of 2024-06-30, the company held 8.7551% of the shares, roughly 629.67 million T shares worth $12.03 billion.

BLACKROCK INC. holds the second largest percentage of outstanding shares, with 7.3283% or 527.05 million shares worth $10.07 billion as of 2024-06-30.