AT&T (T) Set to Announce Earnings on Tuesday
AT&T (NYSE:T) will be releasing its earnings data on Tuesday, January 28th. Persons that are interested in participating in the company’s earnings conference call can do so using this link.
AT&T (NYSE:T) opened at 33.42 on Monday. AT&T has a 1-year low of $33.09 and a 1-year high of $39.00. The stock’s 50-day moving average is $34.24 and its 200-day moving average is $34.67. The company has a market cap of $176.1 billion and a price-to-earnings ratio of 24.74.
The company also recently announced a quarterly dividend, which is scheduled for Monday, February 3rd. Stockholders of record on Friday, January 10th will be paid a dividend of 0.46 per share. This represents a $1.84 annualized dividend and a dividend yield of 5.51%. The ex-dividend date is Wednesday, January 8th. This is a boost from AT&T’s previous quarterly dividend of $0.45.
A number of analysts have recently weighed in on T shares. Analysts at Jefferies Group initiated coverage on shares of AT&T in a research note to investors on Thursday, December 19th. They set a “buy” rating and a $40.00 price target on the stock. On the ratings front, analysts at JPMorgan Chase & Co. downgraded shares of AT&T from an “overweight” rating to a “neutral” rating in a research note to investors on Wednesday, December 4th. They now have a $38.00 price target on the stock, up previously from $34.74. Finally, analysts at Zacks reiterated a “neutral” rating on shares of AT&T in a research note to investors on Friday, November 8th. They now have a $37.00 price target on the stock. One equities research analyst has rated the stock with a sell rating, fourteen have assigned a hold rating and five have issued a buy rating to the company. The stock presently has an average rating of “Hold” and an average price target of $37.56.
AT&T Inc (NYSE:T) is a holding company.
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