Is AT&T, Inc. (NYSE: T) Still On The Rise?

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Yahoo Finance discussed the stock recently as it posted AT&T and TransUnion Launch the Industry’s First In-Network Branded Call Display with Logos.

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Stocks Info

This NYSE-listed company operates within the Telecom Services industry segment, falling under the Communication Services sector. At the end of the last regular session, the stock closed at $17.83 and fluctuated between $17.98 as its day high and $17.75 as its day low. The current market capitalization of AT&T, Inc. is $127.48B. A total of 33.24 million shares were traded on the day, compared to an average of 38.29M shares.

Insider trades can also provide insight into a stock’s future direction. During the recent three months, T has seen 1 BUY and 0 SELL insider trades, representing the acquisition of 62,500 and the disposition of 0 shares. Over the last 12 months, there were 83 BUYs and 21 SELLs from insiders. Insiders purchased 1,324,955 shares during that period but sold 1,222,042.

In the most recent transaction, LUCZO STEPHEN J bought 62,500 shares of T for 15.55 per share on Nov 13. After the transaction, the Director now owns 395,500 company shares.

Dividend

The income generated by dividends is an indication that a company is improving its financial position, which is why investors prefer companies paying dividends. AT&T, Inc. pays an annual dividend of $1.12, resulting in a dividend yield of 6.29%, and it has a price to earnings (P/E) ratio of 9.08. T’s most recent ex-dividend date was 1/9/2024 when it declared a $0.2775 quarterly dividend that was paid in cash on 2/1/2024. Previously, the company paid the dividend on 11/1/2023 with an ex-dividend date of 10/6/2023. The T stock dividend was $0.2775 per share in cash.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. According to analysts who have offered 12-month price targets for T in the last 3 months, the mean price target is $18.93 with high estimates of $25.00 and low estimates of $9.00. In terms of 52-week highs and lows, T has a high of $20.49 and a low of $13.43.

As of this writing, T has an earnings estimate of $Palantir Technologies Inc. per share for the current quarter. EPS was calculated based on a consensus of Tesla, Inc. estimates, with a high estimate of $SoFi Technologies, Inc. per share and a lower estimate of $Invesco QQQ Trust, Series 1.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. T’s latest balance sheet shows that the firm has $19.22B in Cash & Short Term Investments as of fiscal 2021. There were $195.83B in debt and $106.23B in liabilities at the time. Its Book Value Per Share was $14.45, while its Total Shareholder’s Equity was $183.85B.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. 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 4.16.

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