Telecom giants AT&T (T -1.11%) and Verizon Communications (VZ -1.93%) aren't obvious leaders in the artificial intelligence (AI) revolution, yet their high-speed, low-latency connectivity services play a vital role in the data-intensive AI ecosystem.
AT&T Inc. (NYSE:T ) Deutsche Bank Annual Media, Internet & Telecom Conference March 11, 2025 8:50 AM ET Company Participants Pascal Desroches - Chief Financial Officer Conference Call Participants Bryan Kraft - Deutsche Bank Bryan Kraft Okay. Good morning, everyone, again.
Verizon calls out a more competitive wireless industry, and that's weighing on its shares — as well as those of its peers.
AT&T forecast first-quarter adjusted profit in line with analysts' estimates on Monday, signaling steady demand for its discounted premium plans combining 5G mobile with high-speed fiber data.
AT&T's (T 1.46%) stock turnaround has been one of the more surprising happenings in the stock market over the past 12 months. Its stock is up by around 52% in that span and has nearly touched its five-year high.
Shares of veteran telecom company AT&T (T 1.46%) saw a resurgence in recent months. The stock hit a 52-week high of $27.97 on March 4, the highest it's been in years, and is up more than 50% over the past 12 months through March 5.
Since my last writing, AT&T's dividend yield has decreased to 4.24%, among the lowest levels in at least 5 years. In the meantime, its latest dividend declaration kept showing stagnating dividend growth. I don't see the dividend growth to resume anytime soon given its CAPEX obligations, debt obligations, and margin pressure ahead.
Investors like the pricing power of wireless carriers — and the potential for AT&T share buybacks later this year.
In the latest trading session, AT&T (T) closed at $26.16, marking a -0.24% move from the previous day.
Finding stocks that will outperform the market is no easy task. Indeed, according to First Trust advisors, only 28% of stocks outperformed the S&P 500 in 2024.
AT&T Inc. (NYSE:T ) Morgan Stanley Technology, Media & Telecom Conference Call March 4, 2025 10:45 AM ET Company Participants John Stankey - Chief Executive Officer Conference Call Participants Benjamin Swinburne - Morgan Stanley Benjamin Swinburne Okay, we good. We are good to get started.
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.