AT&T (T-N) — Stockchase (2024)

FAQs

Is AT&T stock a buy right now? ›

AT&T has a consensus rating of Strong Buy which is based on 9 buy ratings, 1 hold ratings and 0 sell ratings. The average price target for AT&T is $21.25. This is based on 10 Wall Streets Analysts 12-month price targets, issued in the past 3 months.

A stock certificate is evidence of your ownership in AT&T Inc. It is a negotiable instrument and should be held in a safe place, such as a safe deposit box, because it is costly and inconvenient for you to replace.

Contact the transfer agent, Computershare, at 1-800-351-7221 or you can access information online via Online Account Access. Does AT&T offer online access to my stock account? You can access your stock account on the Computershare website via Online Account Access.

AT&T stock price stood at $17.50

According to the latest long-term forecast, AT&T price will hit $20 by the end of 2025 and then $25 by the middle of 2027. AT&T will rise to $30 within the year of 2028, $35 in 2030, $40 in 2032 and $45 in 2035.

Given the company's current momentum, solid leadership under John Stankey, and attractive dividend with a robust 6% yield despite the cut in 2022, AT&T stock looks like a buy for 2024.

Most analysts predict AT&T stock will trade between $17 and $29 through 2024 as competitive pressures persist. Gov Capital forecasts AT&T stock will reach $33 by mid-2025, driven by the expansion of 5G networks, investments in fiber optic technology, growth in HBO Max audience, and debt reduction.

First, AT&T is trading at an exceptionally low forward-looking price-to-earnings ratio of less than 7, while the average telecom stock has a multiple of 14.5 and the average S&P 500 stock trades at 21.4 times projected earnings. AT&T stock thus appears undervalued compared to its peers and the market as a whole.

AT&T continued gaining subscribers for its core cellphone business in the last three months of 2023, lifting revenue and spurring the company to guide for another year of free cash flow growth.

According to the latest TipRanks data, approximately 54.65% of AT&T (T) stock is held by retail investors. Vanguard owns the most shares of AT&T (T).

AT&T Stock Forecast

The 16 analysts with 12-month price forecasts for AT&T stock have an average target of 20.38, with a low estimate of 17 and a high estimate of 29. The average target predicts an increase of 19.74% from the current stock price of 17.02.

How often does AT&T pay dividends? ›

This is the total amount of dividends paid out to shareholders in a year. AT&T Inc.'s ( T ) ex-dividend date is April 9, 2024 , which means that buyers purchasing shares on or after that date will not be eligible to receive the next dividend payment. AT&T Inc. ( T ) pays dividends on a quarterly basis.

Verizon stock price stood at $40.13

According to the latest long-term forecast, Verizon price will hit $50 by the end of 2025 and then $55 by the end of 2026. Verizon will rise to $60 within the year of 2027, $65 in 2028, $75 in 2029, $85 in 2030, $90 in 2032, $95 in 2033 and $100 in 2034.

(AT & T Inc.)'s market capitalization is $123.47 B by 7.17 B shares outstanding. Is AT&T stock a Buy, Sell or Hold? AT&T stock has received a consensus rating of hold. The average rating score is Baa2 and is based on 24 buy ratings, 25 hold ratings, and 0 sell ratings.

Analysts believe earnings per share will grow roughly 3% annually over the next several years. Still, 3% earnings growth plus that dividend is nearly 10% total returns annually. Long-term investors can collect the dividend while waiting for debt to go down.