Getting smaller can mean being healthier, and AT&T Inc. demonstrates that on a corporate level. The slimmed-down operations blew past expectations and show their renewed focus is working. I collect income from every corner of the market; join me on this journey.
Recently, Zacks.com users have been paying close attention to AT&T (T). This makes it worthwhile to examine what the stock has in store.
AT&T shares rebounded 34.14% in 2024, driven by strong financial performance, user base growth, and strategic free cash flow utilization. AT&T plans to return $40 billion to shareholders over three years through dividends and share repurchases, enhancing shareholder value. Risks include competition from Starlink, technology sector breakthroughs, and potential inflation impacting debt servicing and capital allocation.
AT&T's Q4 report showed mixed results, with strong fiber and mobility segments but significant declines in the business wireline division. Despite recent rallies, AT&T's current valuation metrics make it less attractive compared to competitors like Verizon, Comcast, and Charter Communications. Technical indicators suggest limited upside potential, prompting me to reduce my AT&T long position by 80% to capture 2024 gains.
AT&T Inc. (NYSE: T) is rewarding its shareholders once again with a quarterly dividend of $0.2775, payable on Monday, Feb.
T continues to deliver improved performance metrics and growing top/ bottom-lines, with it underscoring its successful converging/ bundling strategy. The management has also delivered a promising FY2025 guidance and aggressive shareholder return plans from H2'25 onwards. These may have contributed to the richer consensus forward estimates and T's consistently upgraded valuations, as the bulls defend its upward momentum.
From the end of 2023 through Jan. 28, shares of AT&T (T -1.21%) rose 48%. Although it had been offering an ultra-high dividend yield, the company hasn't altered its payout since reducing it in 2022.
AT&T (T -0.87%) reported excellent quarterly results that increased the stock price.
The near term technicals are highly bullish as the chart, moving averages, and indicators show that the outlook is strong. There are some longer term divergence signals in the MACD and RSI and so investors should still show some caution when investing in AT&T. Most recent earnings were resilient since while revenue growth was stagnant, EPS growth has exceptionally strong.
AT&T's Q4 earnings reported positive results and signalled strong cash flow ahead. The company plans to return over $40B to shareholders in the next 3 years, translating to an annual shareholder yield of almost 8%. When debt reduction is included too, I expect its total shareholder yield (TSY) to be around 13%.
AT&T has managed to have strong returns from its earnings, growing FCF. The company is initiating a share repurchase program, which will enable it to save dividends. Overall, the company has the ability to continue generating strong returns.
Shares of telecom giant AT&T (T 1.08%) were surging on Monday for good reason. The company reported estimate-busting results, reiterated its 2025 outlook, and updated investors on its debt reduction efforts and its plan to restart share buybacks later this year.