AT&T Inc. (NYSE:T):
AT&T Contributes $1 million to Centennial Olympic Park Visioning.
The company is trading down from yesterday’s close of $36.52.
AT&T Inc. announced a dividend for shareholders payable on Tuesday the 1st of November 2016. The dividend payment will be $0.490 per share for the quarter or $1.96 on an annualized basis. The dividend yield will be $5.34. The ex-dividend date will be on Wednesday October 5th, 2016.
Shares are trading at $36.51 a tad below the 50 day moving average of $39.44 and a tad under the 200 day moving average of $40.42. The 50 day moving average went down $-2.93 or -7.42% whereas the 200 day average was down by -9.67%.
AT&T Inc. currently has a P/E ratio of 15.55 and market capitalization is 224.21B. As of the last earnings report the EPS was $2.35 and is expected to be $2.85 for the current year with 6,141,000,000 shares currently outstanding. Next quarter’s EPS is forecasted to be $0.75 and the next full year EPS is projected to be $2.98.
Several Wall Street analysts have released opinions on the company recently. Equity analyst Barclays downgraded the stock and lowered the price target on October 26 cutting the price target from $45.00 to $39.00 and altering the rating from “Overweight” to “Hold”. On October 26 the company was downgraded to “Hold” from “Overweight” and a price target of $39.00 was set in a statement from Barclays.
On October 25 the stock rating was upgraded from “” to “Hold” with a current price target of $39.00 in a report issued by Independent Research. On October 24 the stock rating was downgraded from “Buy” to “Hold” in a report from Drexel Hamilton.
On October 24 the company was downgraded to “Market Perform” from “” by Cowen & Co.. On September 28, 2016 the stock rating was rated “Neutral” by UBS down from the previous “Buy” rating.