Following recent deleveraging, AT&T is bringing back share repurchases alongside an expected $20 billion-plus in continued dividend commitments over the next three years.
The telecommunications media and technology company will offer more details about its long-term strategy at its investor day this afternoon.
AT&T expects its free cash flow to be more than $18 billion in 2027, the company said on Tuesday as it detailed a three-year vision for the business to expand its 5G and fiber services across the United States.
AT&T hosts an investors day Tuesday. Wall Street analysts expect the telecom giant to announce an AT&T stock buyback.
AT&T (T) reachead $23.16 at the closing of the latest trading day, reflecting a -0.47% change compared to its last close.
Zacks.com users have recently been watching AT&T (T) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
AT&T reported another strong quarter and the stock continued to move higher. AT&T's 12% forward free cash flow yield and low debt to EBITDA support a longer term case. There are some risks here, and we think preferreds could outperform until the middle of 2025.
AT&T (T) reported earnings 30 days ago. What's next for the stock?
DirecTV will terminate its planned acquisition of Dish TV after bondholders rejected a debt swap that the deal relied on, Axios reported on Thursday, citing a person familiar with the matter.
AT&T has rebounded significantly, with shares up over 40% in the past year, driven by strong free cash flow and improving financial metrics. Despite risks like high debt and competition, AT&T's focus on core business and debt reduction positions it for future capital appreciation and strong dividends. AT&T's consistent growth in subscribers and revenue, coupled with substantial free cash flow, allows for continued debt reduction and potential dividend increases.
AT&T Inc T last week was in the news for the wrong reasons, as hackers gained unauthorized access to its data systems.
Donald Trump's pick for Health Secretary previously told Joe Rogan that Wi-Fi “opens up your blood-brain barrier.”