AT&T Inc. (T)
3 Reasons AT&T Stock Can Soar Higher This Year
AT&T's stock could benefit from interest rate cuts should they happen this year. The company is coming off a solid quarter and has been proving to investors that its dividend is indeed safe.
Wall Street Collapses but Verizon, T-Mobile, and AT&T Rise. Here's Why
A weak jobs report sent stocks and bond yields lower, which led to a drop in many stocks. Falling yields could be a positive for highly indebted companies like telecoms and could save money if rates fall.
INVESTIGATION ALERT: Levi & Korsinsky, LLP Announces Investigation Of AT&T Inc. (NYSE: T) Data Breac
NEW YORK, NY / ACCESSWIRE / August 2, 2024 / AT&T Inc. have disclosed a data breach affecting personal information of AT&T customers. Stating that the breach, affecting approximately 7.6 million current AT&T account holders and 65.4 million former account holders, exposed sensitive details including full names, email addresses, phone numbers, and social security numbers.
Assessing the Impact of Q2 Earnings on Telecom ETFs
Look at Telecom ETFs, as companies report second-quarter 2024 earnings.
Is AT&T's Nearly 6%-Yielding Dividend Finally Safe?
AT&T offers a big-time dividend. The company's free cash flow is improving, enabling it to repay debt.
Get Your Money Out of These 3 Telecom Stocks by October
It's a confusing moment in time for the world of telecommunications. After spending much of the 21st century experiencing rapid growth, many telecom-focused markets are facing sustained periods of saturation.
AT&T, other phone companies sued over stolen nude images could face liability after court ruling
Another consumer has sued AT&T, alleging that a retail store employee stole nude images off of her phone when she was upgrading her device. The case mirrors at least six others brought against the wireless provider in the past for similar allegations.
AT&T Shares Climb on Subscriber Additions. Should Investors Add the Stock to Their Portfolios?
AT&T saw strong subscriber additions across its wireless and broadband businesses. Meanwhile, the company continues to generate prolific free cash flow and improve its balance sheet.
AT&T: Moving To A Hold Post Q2 2024 Results
We had previously given AT&T a buy rating. Q2-2024 results showed growth in postpaid phone subscribers, Fiber subscribers, and impressive free cash flow. Despite those positives, we are now moving to a Hold rating and go over why.
AT&T Q2: Catalysts Galore
T's Q2 earnings report show plenty of profit catalysts to support a buy thesis. The top ones include CAPEX stabilization, the growth of its fiber network, and the many synergistic opportunities between fiber and its other segments. Subsequently, I expect margin and free cash flow to expand, debt to reduce, and dividend coverage to improve.
AT&T A Bargain At Current Prices
AT&T released earnings recently and the financial performance was middling, but the dividend is well covered and offers a healthy premium over the risk free rate. Comparing the stock to 10-Year Treasury Notes we see that the dividend yield of AT&T is 6.10% compared to the risk free rate of 4.2%. Analyzing the dividend sustainability we see that the company has sufficient cash flow to cover obligations and investments, with a low payout ratio of 59%.
AT&T Is Proving The Bears Wrong As It Closes In On $20
AT&T's Q2 2024 earnings met EPS expectations but slightly missed on revenue, leading to a positive trajectory for the stock. AT&T is making progress in strengthening its balance sheet, increasing free cash flow, and rewarding shareholders with stock appreciation. Despite past missteps, AT&T's focus on core business and debt reduction could lead to significant growth potential, including share buybacks and dividend increases.
