AT&T(T)

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AT&T Stock Is Dynamite (Technical Analysis)
Seeking Alpha· 2024-10-13 13:46
AT&T Inc.'s (NYSE: T ) multiyear comeback has started with a bang. The stock has rocketed over 50% from its all-time lows and from my technical analysis, it could be just the beginning. In the analysis below, I determine that in the shortI'm a technically-oriented Canadian investor with a focus on U.S. markets, particularly in tech and financials. I graduated with a Bachelor of Commerce Degree with Distinction, with a major in Finance. I'm also a proud lifetime member of the Beta Gamma Sigma International B ...
AT&T Q3 Earnings Preview: DirectTV Sale Is Great News
Seeking Alpha· 2024-10-08 13:15
Michael (Mike) Dion is an FP&A, Corporate Finance, and Small Business expert who spent the last 12 years working in the Fortune 100, building a startup's finance and accounting department, advising small businesses, and guiding non-profit organizations as a board member. He has finance experience across multiple industries, including Telecom, Media and Entertainment, Hospitality, and Construction. He founded F9 Finance, a website that helps Finance professionals accelerate their careers; and simplifies Fina ...
5% Yield For AT&T Is A Bad Deal
Seeking Alpha· 2024-10-07 19:58
AT&T (NYSE: T ) was, for a lot of investors, the quintessential dividend stock. Amid these chaotic last few years in which it cut its dividend and spun off Warner Bros., nowMy articles are written with a mind to owning a stock for years, not trying to predict price movements in a few months. I don't do target prices; I do valuations.I first entered investing in 2020 as an individual value investor, keen to understand the fundamentals of businesses and buy their shares at attractive prices. From May 2022 to ...
AT&T (T) Stock Moves Amid Strategic DirecTV Sale and Positive Outlook
Gurufocus· 2024-10-07 14:25
AT&T Inc (T, Financial) shares are currently priced at $21.87, reflecting a modest decline of 0.21%. This minor movement in the stock price is a typical fluctuation within the broader context of AT&T's recent strategic decisions and market dynamics.AT&T's decision to divest its remaining 70% stake in DirecTV for approximately $7.6 billion is a pivotal move aimed at strengthening its balance sheet. The strategic sale is anticipated to close by the latter half of next year, supporting DirecTV's plan to acquir ...
Why AT&T Stock Rallied 10.6% in September
The Motley Fool· 2024-10-07 14:16
AT&T is focusing on its future.Shares of AT&T (T -0.48%) jumped 10.6% in September, according to data provided by S&P Global Market Intelligence. A couple of factors drove that rally. AT&T agreed to sell its remaining stake in DirecTV to its partner. The company also provided investors with an optimistic outlook for what's ahead. Here's a closer look at why these catalysts drove the telecom stock higher last month.Its future is coming into a clearer focusAfter much speculation, AT&T revealed that it agreed ...
AT&T: DirecTV Divestiture Creates More Upside Potential
Seeking Alpha· 2024-10-07 14:04
As you can see from my writing history , we have turned bullish on AT&T stock (NYSE: T ) stock in later 2023 when the stock was trading around $14.6 per share and the FWD P/E As you can tell, our core style is to provide actionable and unambiguous ideas from our independent research. If your share this investment style, check out Envision Early Retirement. It provides at least 1x in-depth articles per week on such ideas.We have helped our members not only to beat S&P 500 but also avoid heavy drawdowns despi ...
AT&T's Big Day
Seeking Alpha· 2024-10-04 17:26
You know, for the weakest period of the year, with added complications from global strife, rampant inflation, and an unprecedented US election year, markets have held up quite well. One stock that has performed well over the last year is Pay yourself dividends with outsized returns Get more with our playbook to significantly grow your wealth by embracing a blended trading and investing approach at our one-stop shop. Fall sale at BAD BEAT Investing! Lock in 75% of savings versus the $1,668 some members pay, ...
AT&T Finally Gets Out of the Media Business With DIRECTV Sale
The Motley Fool· 2024-10-02 11:45
The telecom giant will sell its 70% stake in DIRECTV, marking the end of a painful and costly era.With the sale of its 70% stake in satellite television provider DIRECTV, telecom giant AT&T (T 0.59%) is finally fully out of the media business.The company wasted many billions of dollars over the past decade in an ill-fated attempt to transform itself into a media conglomerate. It paid a staggering $48.5 billion in 2015 to acquire DIRECTV only to see subscribers jump ship. It followed up that deal a few years ...
AT&T to Host Analyst & Investor Day on December 3
Prnewswire· 2024-10-02 10:30
DALLAS, Oct. 2, 2024 /PRNewswire/ -- We will host our 2024 AT&T Analyst & Investor Day in-person in Dallas on Tuesday, December 3.Key Takeaways:AT&T to host Analyst & Investor Day on December 3AT&T will simultaneously webcast the event liveAT&T (NYSE:T) announced today that the company will host a 2024 Analyst & Investor Day in Dallas on Tuesday, December 3, 2024, beginning at 2 p.m. EST.The event will include presentations from AT&T's senior leadership team outlining the Company's investment-led growth str ...
Is AT&T's 5%-Yielding Dividend Finally a Buy for Passive Income?
The Motley Fool· 2024-10-02 09:08
Core Viewpoint - Concerns regarding the sustainability of AT&T's dividend are diminishing as the company improves its financial position and reduces leverage, making its 5% yielding dividend more sustainable [1][3]. Group 1: Financial Performance - AT&T ended Q2 with $126.9 billion in net debt, resulting in a leverage ratio of nearly 2.9 times, an improvement from $132 billion and a 3.1 leverage ratio a year ago [2]. - The company generated excess free cash flow, allowing for $1.9 billion in debt reduction in Q2 and $5.1 billion over the past year [2]. - AT&T anticipates reaching a leverage ratio of around 2.5 in the first half of next year, with further declines expected due to the sale of its 70% stake in DirecTV, which will provide an additional $7.6 billion in cash through 2029 [3]. Group 2: Dividend Comparison - Although AT&T has not cut its dividend since the media spinoff, it has not increased it either, unlike Verizon, which has consistently raised its dividend for 18 consecutive years [4][5]. - AT&T's current dividend yield is approximately 5%, while Verizon offers a higher yield of around 6% and has a stronger financial profile with a leverage ratio of 2.5 [4][5]. - Verizon's ability to increase its dividend is attributed to its lower leverage and stronger financial health, with a long-term target leverage ratio of 1.75 to 2.0 [5]. Group 3: Future Outlook - If AT&T's balance sheet continues to improve, it may be positioned to return more cash to shareholders through dividend increases and stock buybacks, potentially becoming a more attractive option for income investors [6].