AT&T, Inc (NYSE:T)’s traded shares stood at 5.88 million during the last session, with the company’s beta value hitting 0.57. At the last check today, the stock’s price was $22.33, to imply an increase of 0.38% or $0.08 in intraday trading. The T share’s 52-week high remains $22.73, putting it -1.79% down since that peak but still an impressive 29.96% since price per share fell to its 52-week low of $15.64. The company has a valuation of $160.26B, with an average of 29.48 million shares in intraday trading volume over the past 10 days and average of 33.27 million shares over the past 3 months.

Analysts have given a consensus recommendation of Buy for AT&T, Inc (T), translating to a mean rating of 2.25. Of 25 analyst(s) looking at the stock, 1 analyst(s) give T a Sell rating. 1 of those analysts rate the stock as Overweight while 5 advise Hold as 18 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 0.49.

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

After registering a 0.38% upside in the latest session, AT&T, Inc (T) has traded red over the past five days. The 5-day price performance for the stock is -0.02%, and 2.78% over 30 days. With these gigs, the year-to-date price performance is 33.10%. Short interest in AT&T, Inc (NYSE:T) saw shorts transact 116.87 million shares and set a 3.58 days time to cover.

The extremes give us $19 and $41 for target low and target high price respectively. As such, T has been trading -83.61% off suggested target high and 14.91% from its likely low.

AT&T, Inc (T) estimates and forecasts

Looking at statistics comparing AT&T, Inc share performance against respective industry, we note that the company has underperformed competitors. AT&T, Inc (T) shares are 28.36% up over the last 6 months, with its year-to-date growth rate lower than industry average at -7.88% against 4.30%. Revenue is forecast to shrink -8.62% this quarter before jumping 2.85% for the next one. The rating firms project that company’s revenue will shrink -0.19% compared to the previous financial year.

Revenue forecast for the current quarter as set by 15 analysts is 31.99B. Meanwhile, for the current quarter, a total of 8 analyst(s) estimate revenue growth to 30.45B.Earnings reports from the last fiscal year show that sales brought in 32.02B and 30.03B respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to fall -0.10% before jumping 1.42% in the following quarter.

An assessment of the company’s 5-year growth patterns shows that annual earnings shrunk an estimated -7.15% for the past 5-year period. While 2024 is set for a -8.20% return in earnings, projections for the next 5 years are at 1.20% annually.

T Dividends

AT&T, Inc has its next earnings report out on 2025-Jan-22. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. AT&T, Inc has a forward dividend ratio of 1.11, with the share yield ticking at 4.97% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 7.09%.

AT&T, Inc (NYSE:T)’s Major holders

AT&T, Inc insiders hold 0.08% of total outstanding shares, with institutional holders owning 62.19% of the shares at 62.25% float percentage. In total, 62.19% institutions holds shares in the company, led by VANGUARD GROUP INC. As of 2024-06-30, the company held over 629.67 million shares (or 8.7551% of shares), all amounting to roughly $12.03 billion.

The next major institution holding the largest number of shares is BLACKROCK INC. with 527.05 million shares, or about 7.3283% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $10.07 billion.