It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. After-hours trades for AT&T Inc. (T) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.02, or 0.14%, to $14.48. The AT&T Inc. has recorded 658,656 volume in the after hours trading session. Earlier, Yahoo Finance discussed this stock as it revealed AT&T to Webcast Fireside Chat with Pascal Desroches at the 2023 Bank of America Media, Communications & Entertainment Conference.
AT&T Inc. is listed on the NYSE in the Communication Services sector while operating in the Telecom Services industry. At the end of the last regular session, the stock closed at $14.46 and fluctuated between $14.57 as its day high and $14.38 as its day low. The current market capitalization of AT&T Inc. is $104.88B. A total of 27.34 million shares were traded on the day, compared to an average of 43.93M shares.
Insider trades are also considered as indicators of how a stock will perform in the future, in addition to stock predictions. During the recent three months, T has seen 18 BUY and 1 SELL insider trades, representing the acquisition of 34,580 and the disposition of 1,959 shares. Over the last 12 months, there were 168 BUYs and 108 SELLs from insiders. Insiders purchased 3,046,464 shares during that period but sold 2,445,863.
The reasons why investors prefer dividend-paying companies are that dividends generate immediate cash flow and indicate that the company will perform well in the future. T’s most recent ex-dividend date was 7/7/2023 when it declared a $0.2775 quarterly dividend that was paid in cash on 8/1/2023. Previously, the company paid the dividend on 5/1/2023 with an ex-dividend date of 4/6/2023. The T stock dividend was $0.2775 per share in cash.
Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. According to analysts who have offered 12-month price targets for T in the last 3 months, the mean price target is $18.35 with high estimates of $25.00 and low estimates of $8.00. In terms of 52-week highs and lows, T has a high of $20.50 and a low of $13.43.
As of this writing, T has an earnings estimate of $0.62 per share for the current quarter. EPS was calculated based on a consensus of 16 estimates, with a high estimate of $0.67 per share and a lower estimate of $0.6. The company reported an EPS of $0.6 in the last quarter, which was 3.40% higher than expectations of $0.58.
Balance Sheet Annually/Quarterly
As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information. T’s latest balance sheet shows that the firm has $21.17B in Cash & Short Term Investments as of fiscal 2021. There were $199.96B in debt and $85.59B in liabilities at the time. Its Book Value Per Share was $14.19, while its Total Shareholder’s Equity was $183.85B.
After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for T is Buy with a score of 3.83.