In today’s recent session, 7.31 million shares of the AT&T, Inc (NYSE:T) have been traded, and its beta is 0.43. Most recently the company’s share price was $27.73, and it changed around $0.42 or 1.52% from the last close, which brings the market valuation of the company to $199.02B. T at last check was trading at a discount to its 52-week high of $27.97, offering almost -0.87% off that amount. The share price’s 52-week low was $15.94, which indicates that the recent value has risen by an impressive 42.52% since then. We note from AT&T, Inc’s average daily trading volume that its 10-day average is 43.15 million shares, with the 3-month average coming to 40.66 million.
AT&T, Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.72. If we narrow it down even further, the data shows that 1 out of 28 analysts rate the stock as a Sell; another 9 rate it as Overweight. Among the rest, 6 recommended T as a Hold, whereas 12 deemed it a Buy, and 0 rated it as Underweight. AT&T, Inc is expected to report earnings per share of 0.53 for the current quarter.
AT&T, Inc (NYSE:T) trade information
Instantly T has been showing a green trend so far today with a performance of 1.52% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 27.72 on recent trading daydecreased the stock’s daily price by -0.04%. The company’s shares are currently up 21.76% year-to-date, but still up 3.30% over the last five days. On the other hand, AT&T, Inc (NYSE:T) is 4.03% up in the 30-day period. We can see from the shorts that 100.43 million shares have been sold at a short interest cover period of 2.09 day(s).
The consensus price target as assigned by Wall Street analysts is $24.5, which translates to bulls needing to decrease their stock price by -13.18% from its current value. Analyst projections state that T is forecast to be at a low of $19 and a high of $32.
AT&T, Inc (T) estimates and forecasts
The year-over-year growth rate is expected to be 1.32%, up from the previous year.
Consensus estimates provided by 16 financial analysts predict the company will bring in an average of 30.39B in revenue for the current quarter. 15 analysts expect AT&T, Inc to make 30.18B in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 30.03B and 29.8B respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 1.21%. Forecasts for the next quarter put sales growth at 1.28%.
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -4.67%. AT&T, Inc earnings are expected to increase by -7.77% in 2025, but the outlook is positive 3.80% per year for the next five years.
T Dividends
AT&T, Inc’s next quarterly earnings report is expected to be released on 2025-Jan-26. The annual dividend yield of the stock is 4.00 percent and its annual dividend per share was 1.11. It is important to note, however, that the 4.00% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision. The average dividend yield for the past five years averaged 7.04 per year.
AT&T, Inc (NYSE:T)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 0.08% of AT&T, Inc shares, and 64.27% of them are in the hands of institutional investors. The stock currently has a share float of 64.32%. AT&T, Inc stock is held by 3261.0 institutions, with VANGUARD GROUP INC being the largest institutional investor. By 2024-06-30, it held 8.7502% of the shares, which is about 629.67 million shares worth $12.03 billion.
BLACKROCK INC., with 7.3242% or 527.05 million shares worth $10.07 billion as of 2024-06-30, holds the second largest percentage of outstanding shares.
Vanguard Total Stock Market Index Fund and Vanguard 500 Index Fund were the top two Mutual Funds as of Dec 31, 2024. The former held 224.7 shares worth $6.24 billion, making up 3.13% of all outstanding shares. On the other hand, Vanguard 500 Index Fund held roughly 194.23 shares worth around $5.39 billion, which represents about 2.71% of the total shares outstanding.
