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AT&T vs. Verizon Communications: Which High-Yielding Dividend Stock Is the Better Buy?
The Motley Fool· 2024-11-07 13:45
Should you jump on the AT&T bandwagon or take a chance on Verizon in the hopes it's due for a big rally?AT&T (T 1.22%) and Verizon Communications (VZ -0.24%) are two of the highest-yielding telecom stocks you can own right now. Both businesses are doing reasonably well amid the current market conditions and expecting solid single-digit growth. And with interest rates coming down and investors seeking out high returns, these stocks could become more popular in the months ahead.But which stock is the better o ...
Is AT&T Stock a Good Long-Term Investment?
The Motley Fool· 2024-11-06 13:30
The telecom giant is on an upswing after completing a multi-year strategic reorientation.What a difference a year has made for AT&T (T 0.59%). In November 2023, the stock sank to $15.46, a 52-week low. But on Friday, shares reached a 52-week high of $22.73. The price rise is a reflection of the positive investor attention that AT&T is attracting after its multi-year strategic pivot away from its failed attempt to build an entertainment empire.The stock is up by more than 30% so far this year. But is this a ...
AT&T: Q3 Marks An Inflection Point
Seeking Alpha· 2024-11-05 18:04
Join for a 100% Risk-Free trial and see if our proven method can help you too. You do not need to pay for the costly lessons from the market itself.My last article on AT&T stock (NYSE: T ) stock focused on its DirecTV divestiture as reflected in its title “AT&T: DirecTV Divestiture Creates More Upside Potential”. In that article, I argued for a BUY rating as thisSensor Unlimited contributes to the investing group Envision Early Retirement which is led by Sensor Unlimited. They offer proven solutions to gene ...
AT&T Launches Industry-First Seamless Integration of Fiber and 5G Networks with Single-box Solution
Prnewswire· 2024-10-30 14:15
DALLAS, Oct. 30, 2024 /PRNewswire/ -- Setting a new standard in business networking with unparalleled fiber and 5G convergence in a single device.Key Takeaways: Market Leadership: In an industry-first move, AT&T is leading the way in converged connectivity by offering a device with AT&T Business Fiber and 5G wireless network integration. Integrated Infrastructure: AT&T's converged solution combines fiber and wireless capabilities, helping provide continuous, reliable connectivity. Seamless Convergence: AT& ...
AT&T(T) - 2024 Q3 - Quarterly Report
2024-10-29 20:16
Revenue Performance - AT&T's operating revenues decreased by 0.5% in Q3 2024 to $30,213 million compared to $30,350 million in Q3 2023[121] - The Communications segment's operating revenues declined by 0.6% in Q3 2024 to $29,074 million from $29,244 million in Q3 2023[121] - Latin America - Mexico segment's operating revenues increased by 3.0% in Q3 2024 to $1,022 million from $992 million in Q3 2023[121] - Mobility segment's operating revenues increased by 1.7% in Q3 2024 to $21,052 million from $20,692 million in Q3 2023[137] - Business Wireline segment's operating revenues decreased by 11.8% in Q3 2024 to $4,606 million from $5,221 million in Q3 2023[137] - Consumer Wireline segment's operating revenues increased by 2.6% in Q3 2024 to $3,416 million from $3,331 million in Q3 2023[137] - Operating revenues decreased in Q3 2024, primarily due to declines in Business Wireline and Mobility equipment revenue, partially offset by gains in Mobility and Consumer Wireline[139] - Mobility service revenue increased by 4.0% in Q3 2024 compared to Q3 2023, reaching $16,539 million[141] - Consumer Wireline broadband revenue increased by 6.4% in Q3 2024 compared to Q3 2023, reaching $2,838 million[157] - Broadband revenues increased in Q3 2024 driven by higher fiber customers and ARPU[159] - Legacy voice and data service revenues decreased in Q3 2024 due to declining demand[160] Operating Income and Margins - AT&T's operating income decreased by 63.4% in Q3 2024 to $2,116 million from $5,782 million in Q3 2023[125] - Communications segment operating income margin decreased from 24.9% in Q3 2023 to 24.6% in Q3 2024[140] - Mobility operating income margin increased from 32.7% in Q3 2023 to 33.3% in Q3 2024[148] - Business Wireline operating income margin decreased from 6.7% in Q3 2023 to (0.9)% in Q3 2024[155] - Consumer Wireline operating income increased by 22.5% in Q3 2024 compared to Q3 2023[157] - Consumer Wireline operating income margin increased to 5.7% in Q3 2024 from 4.8% in Q3 2023[164] - Mexico operating income margin improved to 1.0% in Q3 2024 from -2.9% in Q3 2023[172] Subscriber Metrics - Mobility subscribers increased to 116,066,000 in September 2024 from 112,857,000 in September 2023[138] - Total domestic broadband connections increased to 15,344,000 in September 2024 from 15,296,000 in September 2023[138] - Total Mobility subscribers increased by 2.8% to 116,066 in September 2024 compared to September 2023[142] - Postpaid phone net additions decreased by 13.9% in Q3 2024 compared to Q3 2023[144] - Total Broadband and DSL Connections increased by 0.6% to 13,972,000 in September 2024 compared to 13,887,000 in 2023[158] - Fiber Broadband Connections grew by 12.3% to 9,024,000 in September 2024 from 8,034,000 in 2023[158] - Total Retail Consumer Voice Connections declined by 17.8% to 3,102,000 in September 2024 from 3,772,000 in 2023[158] - Fiber Broadband Net Additions decreased by 23.6% to 226,000 in Q3 2024 compared to 296,000 in Q3 2023[159] - Mexico Wireless Subscribers increased by 5.3% to 22,911,000 in September 2024 from 21,754,000 in September 2023[166] - Mexico Wireless Net Additions rose to 275,000 in Q3 2024 from 65,000 in Q3 2023[168] Financial Position and Cash Flow - Cash provided by operating activities for the first nine months of 2024 was $26,875 million, slightly down from $26,936 million in the same period of 2023[185] - Cash used in investing activities for the first nine months of 2024 totaled $12,127 million, primarily due to $13,420 million in capital expenditures[187] - Cash used in financing activities for the first nine months of 2024 was $18,855 million, driven by debt repayments, dividend payments, and vendor financing payments[191] - AT&T's cash and cash equivalents decreased by $4,136 million to $2,586 million as of September 30, 2024, compared to December 31, 2023[183] - Capital expenditures for the first nine months of 2024 were $13,420 million, with total capital investment including vendor financing at $14,991 million[188] - AT&T paid $6,171 million in dividends on common and preferred shares during the first nine months of 2024, up from $6,116 million in the same period of 2023[195] - The company's debt ratio decreased to 52.2% as of September 30, 2024, from 53.5% at the end of 2023[201] - AT&T's total notes and debentures outstanding as of September 30, 2024, were $127,501 million, including $33,477 million in foreign currency-denominated debt[192] - The weighted average interest rate of AT&T's long-term debt portfolio was approximately 4.2% as of September 30, 2024[192] - AT&T's net debt-to-EBITDA ratio was in compliance with the covenant requirement of not more than 3.75-to-1 as of September 30, 2024[199] Net Income - AT&T's net income attributable to common stock decreased to $(226) million in Q3 2024 from $3,444 million in Q3 2023[125]
AT&T: Don't Be The Latecomer To The Party
Seeking Alpha· 2024-10-29 16:39
JR Research is an opportunistic investor. He was recognized by TipRanks as a Top Analyst. He was also recognized by Seeking Alpha as a "Top Analyst To Follow" for Technology, Software, and Internet, as well as for Growth and GARP. He identifies attractive risk/reward opportunities supported by robust price action to potentially generate alpha well above the S&P 500. He has also demonstrated outperformance with his picks. He focuses on identifying growth investing opportunities that present the most attracti ...
Will AT&T Stock Benefit From its Fiber Network Expansion Initiative?
ZACKS· 2024-10-29 15:40
AT&T, Inc. (T) recently signed a multi-year purchase agreement with Corning Incorporated (GLW) . Per the deal, AT&T will leverage Corning’s industry-leading fiber, cable and connectivity solutions to accelerate fiber network expansion and deliver high-speed reliable Internet across the country. In addition, AT&T is also driving its network expansion initiatives through other channels, including a joint venture with BlackRock called Gigapower.The company recently marked broadband subscriber growth for the fi ...
AT&T Inc. (T) Is a Trending Stock: Facts to Know Before Betting on It
ZACKS· 2024-10-29 14:05
AT&T (T) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future. Shares of this telecommunications company have returned +0.5% over the past month versus the Zacks S&P 500 composite's +1.7% change. The Zacks Wireless National industry, to which AT&T belongs, has gained 2.2% over this period. Now the key question is: Where could the stock be headed in the near term? Althou ...
AT&T's Run Doesn't Mean You Missed Out
Seeking Alpha· 2024-10-29 07:19
Retirement is complicated and you only get once chance to do it right. Don't miss out because you didn't know what was out there. The Retirement Forum provides actionable ideals, a high-yield safe retirement portfolio, and macroeconomic outlooks, all to help you maximize your capital and your income. We search the entire market to help you maximize returns. AT&T (NYSE: T ) is one of the largest telecommunication companies in the world, with an almost 5% dividend yield, and a market cap of more than $160 bil ...
Is AT&T a Buy Now?
The Motley Fool· 2024-10-28 08:26
America's leading telecom providers have a lot in common, but only one can be the best.If you're an everyday investor in search of stocks that can pay you steadily increasing sums, America's telecommunications oligopoly is a good place to start. At the moment there are just three companies with nationwide 5G networks, and new subscribers who are likely to stick around a long time are flocking to their services.AT&T (T -1.67%) offers a 5.1% dividend yield at recent prices. The stock has risen about 44% over ...