Justin SullivanOn our last coverage of AT&T (NYSE:T) we made a bull case for the company, while turning slightly sour on tower REITs that depend on the company's capex cycle. Specifically we said, We think the capex cuts in the pipeline and the ones yet to come during the recession, will make AT&T (6.7X earnings) a superior play over overhyped tower REITs like American Tower REIT (AMT) at 19.5X FFO. We remain long AT&T with a $21 price target. This is an increase over the $20 we had previously and refle ...

AT&T (T -1.01%) and Verizon Communications (VZ -1.24%) have delivered their 2023 results to shareholders. Although investors had differing reactions to both of these stocks, both reported strong growth in their wireless segments, and since these are two of the three nationwide 5G carriers in the U.S. (T-Mobile is the third), they make up most of its telecom industry.Additionally, both began as landline providers following the breakup of the original AT&T, and they have followed similar paths to spearhead to ...

jetcityimage AT&T (NYSE:T) is one of the largest telecom companies in the world. The company has a market capitalization of more than $100 billion, a post-yield cut dividend of more than 6%, and strong cash flow. As we'll see throughout this article, the company's impressive asset portfolio and continued commitment to steady returns make it a healthy dividend investment. AT&T 2023 Accomplishments The company has had a strong 2023, showing its financial strength. AT&T Investor Presentation The company's core ...

While the wireless business is the largest contributor to AT&T's (T 0.64%) revenue by far, the fiber internet business is proving to be a potent growth opportunity. Capturing that growth comes at a cost: Building out a fiber network is capital-intensive, requiring vast outlays with no guarantee that consumers and businesses will sign up for service.AT&T operates a vast legacy wireline network that serves consumers and businesses, but that business is in perpetual decline. Even the company's non-fiber broadb ...

Kittiporn Kumpang/iStock via Getty ImagesThis article was coproduced by Chuck Walston. After gaining ground Monday in concert with Verizon (VZ) and that company’s better-than-expected earnings report, shares of AT&T (NYSE:T) fell 3% with the release of mixed Q4 results. As investors mulled over the earnings call, several factors appeared to cause the tumble. Arguably, management’s guidance is what delivered the worst blow to investor sentiment, despite a number of positive trends in the business. But ov ...

Shares of telecom giant AT&T (T 0.64%) headed lower last Wednesday following a fourth-quarter report that was a bit less positive than investors may have been expecting. Overall, the company's results and guidance were solid. There were, however, a few issues that may have contributed to the post-earnings decline.What went right for AT&TWhen it came to revenue and free cash flow, AT&T knocked it out of the park. Revenue was up 2.2% year over year to $32 billion, ahead of the average analyst estimate by more ...

It's not often that a stock hits a 30-year low, but AT&T (T 3.00%) did just that last summer in the wake of revelations that "toxic" lead-clad cables left behind underground and underwater by the company decades ago could cost it billions of dollars to remove and properly dispose of.The lead cables issue was the latest ignominy to hit the telecom giant, coming after years of underperformance that included a failed bid to buy Sprint, losing market share to more nimble competitors like T-Mobile, and a series ...

Brandon Bell Thesis In my previous article on AT&T, Inc. (NYSE:T), I delved into various possibilities for the company. The mid-range projection indicated a fair price of $30.8, while the high-end projection suggested a fair price of $33.1. Since that article, the stock has surged by 14.54%. In this piece, I will reassess AT&T based on the latest financial figures. As you will observe, AT&T still presents a substantial upside, with a fair stock price of $25.15. Although this figure is below the fair prices ...

AT&T's (T 3.00%) shares fell after earnings, but there were some positive signs for the telecom company. Travis Hoium covers the report, and where there were strengths and weaknesses, in this video.*Stock prices used were end-of-day prices of Jan. 24, 2024. The video was published on Jan. 25, 2024. ...

One day after reporting fourth-quarter figures that disappointed many investors, AT&T (T 3.00%) stock bounced back nicely on Thursday. Buoyed by several analyst price target increases, the sturdy telecom's share price closed the session almost 3% higher. That was well ahead of the 0.3% bump experienced by the S&P 500 index.Three analysts, three raisesOn Thursday, no fewer than three AT&T researchers upped their price levels on the stock.Of the trio, the meatiest raise came from DZ Bank's Matthias Volkert, w ...