- AT&T continues its consistent dividend payout, sustaining investor interest.
- Wall Street analysts predict a slight downside potential in AT&T's stock price.
- GuruFocus metrics indicate a fair value considerably lower than the current trading price.
AT&T (T, Financial) has reaffirmed its commitment to shareholder returns by declaring a quarterly dividend of $0.2775 per share. This marks the thirteenth consecutive quarter that the telecommunications giant has maintained this dividend level. Shareholders can expect to see a forward yield of 3.94%, with payments scheduled for May 1. To be eligible, investors must be recorded by April 10, which is also the ex-dividend date.
Wall Street Analysts' Insights
Wall Street analysts have provided one-year price targets for AT&T Inc (T, Financial), with an average target price of $26.97. This estimate ranges from a high of $32.00 to a low of $15.50. Given the current trading price of $28.18, this implies a potential downside of 4.30%. Investors seeking more detailed projections can explore further on the AT&T Inc (T) Forecast page.
The sentiment among 30 brokerage firms classifies AT&T Inc's (T, Financial) stock as "Outperform," with an average recommendation score of 2.0. This rating uses a scale from 1, indicating a Strong Buy, to 5, representing a Sell.
Evaluating GF Value
According to GuruFocus estimates, AT&T Inc (T, Financial) holds an estimated GF Value of $18.48 over the next year. This suggests a significant downside potential of 34.42% from the current price of $28.18. The GF Value is a proprietary metric calculated using historical trading multiples, past business growth, and projected business performance. For an in-depth analysis, investors are encouraged to visit the AT&T Inc (T) Summary page.
