AT&T Inc. (T)
AT&T's Big Bet on Fiber, 5G, and $10 Billion Buyback Program
AT&T NYSE: T is a telecommunications giant with a rich history spanning over a century and AT&T finds itself at a pivotal point in history once again. From its origins as the Bell Telephone Company, through numerous mergers and acquisitions and the breakup of the "Ma Bell" monopoly, AT&T has continually evolved.
AT&T Attempts To Convince You To Invest Again
AT&T is focusing on substantial shareholder returns through fiber and 5G expansion, aiming for 50 million fiber locations and significant market penetration by 2029. The company plans $22 billion annual capital investment, targeting 3%+ annual adjusted EBITDA growth and $18 billion+ FCF by 2027. AT&T's shareholder return plan includes $20 billion in dividends and $20 billion in share repurchases, implying double-digit annualized returns.
Should You Add AT&T to Your Dividend Portfolio?
High-yield dividend stocks often attract renewed attention when markets anticipate a shift in monetary policy. With the Federal Reserve signaling a potential long-term rate-cutting cycle in 2025 despite lingering inflation concerns, income-generating equities have moved into the spotlight in 2024.
AT&T's Meteoric Upside Isn't Over Yet
AT&T's stock has surged 41.5% YTD, with a strong buy rating maintained due to promising financial and operational expectations from management. The company is healthier than ever, focusing on growing high cash flow segments and exiting legacy operations, enhancing future prospects. Significant investments in 5G and fiber have driven revenue growth, with management projecting substantial free cash flow and shareholder returns through 2027.
AT&T CEO talks investment, earnings, and growth outlook
Coming off of the 2024 AT&T Analyst & Investor Day in Dallas, AT&T (T) CEO John Stankey sits down with Yahoo Finance executive editor Brian Sozzi to talk about the telecommunications company's earnings growth forecast and the chief executive's outlook on the incoming Trump administration. President-elect Donald Trump's new administration appears "very focused on trying to make sure that the economy performs well," Stankey says.
Is AT&T Becoming A Growth Stock?
AT&T's 3-5 year plan continues its focus on 5G wireless and fiber broadband, generating 5-10% EPS growth and $1 billion/year free cash flow increases. The company aims to double fiber customers, switch to open wireless architecture, and phase out its costly copper network by 2029. AT&T plans $20 billion in share buybacks once it hits its debt target, but dividend growth is not a priority.
AT&T Investor Day: Doubling Down On The Right Things
I previously rated AT&T Inc. a strong buy due to a DCF analysis suggesting a 19% upside and the beneficial DirectTV deal. T stock has outperformed the S&P 500, returning 9.7% compared to the S&P 500's 5.8% since my last analysis. AT&T's strategy focuses on accelerating bundling and premium services, which are expected to drive margins and market share.
Can AT&T Stock Ride on Strategic Plan to Drive Sustainable Growth?
T appears to be treading in the middle of the road and investors could be better off if they trade with caution.
AT&T Expects to Return Another $20 Billion in Cash to Investors by 2027 (Just Not Through a Higher Dividend)
AT&T (T 4.58%) recently unveiled its updated strategic plan, providing investors with financial guidance through 2027. The telecom giant expects to generate growing free cash flow during that period, much of which it plans to return to shareholders.
AT&T CEO Sees Return to Profitability
AT&T CEO John Stankey says the company is on track to deliver profit growth for the next three years. He joins Caroline Hyde to discuss on "Bloomberg Technology.
Why AT&T Stock Popped Today
AT&T (T 4.23%) stock jumped 4% through 11:05 a.m. ET Tuesday after outlining its "strategic plan to drive sustainable growth and enhanced shareholder returns" through 2027.
AT&T CEO on fiber expansion plans: The disruptor is us
John Stankey, AT&T CEO, joins 'Squawk on the Street' to discuss the company's differentiated position in the connectivity industry, why Stankey is so confident on the company's fiber expansion plans, and much more.
