NYSE:T
28.15
0.14
(0.50%)
AT&T Inc. is an American multinational telecommunications holding company headquartered at Whitacre Tower in Downtown Dallas, Texas.
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Analysis and Opinions about T-N
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BUY
BUY
June 8, 2021
He's taking a serious look at this. They're in a unique situation: they will sell some assets and acquire Discovery, and will cut their dividend in mid-2022 by roughly 40%, though it is high right now. Their new CEO started last year, and things seem to be heading in the right direction. If you want income, you can still invest in this and hold it in an RRSP. It trades around 9x earnings. The Canadian telecoms are a lot more expensive, by comparison at 17-19x PE, but you'd buy these for the dividends.
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He's taking a serious look at this. They're in a unique situation: they will sell some assets and acquire Discovery, and will cut their dividend in mid-2022 by roughly 40%, though it is high right now. Their new CEO started last year, and things seem to be heading in the right direction. If you want income, you can still invest in this and hold it in an RRSP. It trades around 9x earnings. The Canadian telecoms are a lot more expensive, by comparison at 17-19x PE, but you'd buy these for the dividends.
COMMENT
COMMENT
June 4, 2021
You will get shares in the newly merged Discover-Warner company. The tax treatment is still unknown for Canadian holders of AT&T. For American investors, it is tax free. As a result of the transaction, the AT&T dividend is probably going to be cut in half. There is an argument that it will stop being a yield stock and become a hybrid. The stock is down as a result.
Show full opinionHide full opinionYou will get shares in the newly merged Discover-Warner company. The tax treatment is still unknown for Canadian holders of AT&T. For American investors, it is tax free. As a result of the transaction, the AT&T dividend is probably going to be cut in half. There is an argument that it will stop being a yield stock and become a hybrid. The stock is down as a result.
DON'T BUY
DON'T BUY
May 17, 2021
Today, Wall Street hailed news of the AT&T and Discovery merger as a transformational blockbuster, but he sees it as the final act in one of the dumbest deals in recent history, AT&T's $85-billion buy of Time-Warner of nearly three years ago. Why would a telephone company buy a media business? Synergy? Really? AT&T took on huge debt. The dividend has been slashed in half. This is a tremendous destruction of value. A disgrace.
Today, Wall Street hailed news of the AT&T and Discovery merger as a transformational blockbuster, but he sees it as the final act in one of the dumbest deals in recent history, AT&T's $85-billion buy of Time-Warner of nearly three years ago. Why would a telephone company buy a media business? Synergy? Really? AT&T took on huge debt. The dividend has been slashed in half. This is a tremendous destruction of value. A disgrace.
DON'T BUY
DON'T BUY
April 27, 2021
The dividend is safe and could even grow it in coming years. All the wireless carriers are investing and building for 5G. Capex will be high, but once 5G is built, AT&T will be fighting for customers. He'd rather invest in the towers because they don't need to wait for price competition. Rather, they benefit from the carriers as they upgrade to 5G. He prefers the towers to the telcos in 5G.
Show full opinionHide full opinionThe dividend is safe and could even grow it in coming years. All the wireless carriers are investing and building for 5G. Capex will be high, but once 5G is built, AT&T will be fighting for customers. He'd rather invest in the towers because they don't need to wait for price competition. Rather, they benefit from the carriers as they upgrade to 5G. He prefers the towers to the telcos in 5G.
DON'T BUY
DON'T BUY
February 12, 2021
You're reaching for their 7% yield, but you lose peace of mind. Pass.
Show full opinionHide full opinionYou're reaching for their 7% yield, but you lose peace of mind. Pass.
DON'T BUY
DON'T BUY
January 27, 2021
Pays a safe 7% dividend. An issue is that they bought Time-Warner, so they need to reduce a lot of debt in coming years. They are the second biggest player in pay TV and mobility. In mobility, there's a great opportunity in 5G which will come to fruition later this year and more so in 2022. A bigger problem is Time-Warner: ATT is way behind the streaming business, and movies are in trouble during Covid. How do these issues play out? Hard to tell. To compare, competitors Verizon has shifted towards a telecom company, away from a media one. He prefers Verizon.
Pays a safe 7% dividend. An issue is that they bought Time-Warner, so they need to reduce a lot of debt in coming years. They are the second biggest player in pay TV and mobility. In mobility, there's a great opportunity in 5G which will come to fruition later this year and more so in 2022. A bigger problem is Time-Warner: ATT is way behind the streaming business, and movies are in trouble during Covid. How do these issues play out? Hard to tell. To compare, competitors Verizon has shifted towards a telecom company, away from a media one. He prefers Verizon.
DON'T BUY
DON'T BUY
January 4, 2021
Too risky. Don't buy this only for the yield. Never.
Show full opinionHide full opinionToo risky. Don't buy this only for the yield. Never.
DON'T BUY
DON'T BUY
November 16, 2020
WiFi free globally is quite a concept. This would be a problem for the telecom sector, but it is a ways out. They decided they wanted to become a conglomerate in media. Their results have been mediocre. Their businesses don't work well together. 5G is not the hot seller they anticipated. There is no killer app that works only on 5G only.
Show full opinionHide full opinionWiFi free globally is quite a concept. This would be a problem for the telecom sector, but it is a ways out. They decided they wanted to become a conglomerate in media. Their results have been mediocre. Their businesses don't work well together. 5G is not the hot seller they anticipated. There is no killer app that works only on 5G only.
WAIT
WAIT
November 4, 2020
He's concerned about the balance sheet, but they are making efforts to fix that. Give them one more quarter to rectify their balance sheet.
Show full opinionHide full opinionHe's concerned about the balance sheet, but they are making efforts to fix that. Give them one more quarter to rectify their balance sheet.
TOP PICK
TOP PICK
October 27, 2020
Stockchase Research Editor: Michael O'Reilly AT&T recently reported earnings and the benefits of the company's diversified strategy are showing through. The company is involved in communication infrastructure, cinema, and now streaming services. The yield it pays is large, but we think cash flow has to grow a bit to ensure its sustainability. Although its movie releases under Warner Bros saw revenue declines, that was made up for by its HBO streaming services. The company plans to sell off $10 billion in assets this year to further sharpen its focus. We would trade this with a $24 stop-loss, looking for an upside target to $34 -- over 25% upside. Yield 7.60% (Analysts’ price target is $33.60)
Show full opinionHide full opinionStockchase Research Editor: Michael O'Reilly AT&T recently reported earnings and the benefits of the company's diversified strategy are showing through. The company is involved in communication infrastructure, cinema, and now streaming services. The yield it pays is large, but we think cash flow has to grow a bit to ensure its sustainability. Although its movie releases under Warner Bros saw revenue declines, that was made up for by its HBO streaming services. The company plans to sell off $10 billion in assets this year to further sharpen its focus. We would trade this with a $24 stop-loss, looking for an upside target to $34 -- over 25% upside. Yield 7.60% (Analysts’ price target is $33.60)
DON'T BUY
DON'T BUY
October 9, 2020
The layoffs they announced make him nervous, a bad sign. He wishes they would appear on his show to discuss what is really happening. He prefers Verizon.
The layoffs they announced make him nervous, a bad sign. He wishes they would appear on his show to discuss what is really happening. He prefers Verizon.
HOLD
HOLD
May 22, 2020
It is heavily indebted following a couple of huge acquisitions. They really need their streaming business to catch fire. The dividend is approaching 7%, but he is starting to question its longevity. He would continue to hold it here.
Show full opinionHide full opinionIt is heavily indebted following a couple of huge acquisitions. They really need their streaming business to catch fire. The dividend is approaching 7%, but he is starting to question its longevity. He would continue to hold it here.
WAIT
WAIT
May 6, 2020
It has never been more than a dividend investment to him. If you look back a couple of months ago the 5G deployment strategy was going to create a long runway. However, the debt ratio is very high at 60%. He thinks cost savings and revenues from streaming services will help. His price target of $48 is contingent on 5G and streaming being successful. He would wait. Yield 6.9%.
Show full opinionHide full opinionIt has never been more than a dividend investment to him. If you look back a couple of months ago the 5G deployment strategy was going to create a long runway. However, the debt ratio is very high at 60%. He thinks cost savings and revenues from streaming services will help. His price target of $48 is contingent on 5G and streaming being successful. He would wait. Yield 6.9%.
HOLD
HOLD
March 12, 2020
Issue is direct TV. People are streaming a lot. Plus, took on a lot of debt. 5G will help them. Betting on being able to compete with Disney and Netflix. Nice dividend, not an expensive stock. In this environment, he thinks you're safe with it.
PAST TOP PICK
PAST TOP PICK
March 11, 2020
(A Top Pick May 23/19, Up 13%) This is doing what it should -- paying a 5% dividend and be less volatile. People are still watching tv. Their corporate debt is solid and they are paying down debt. He will look to buy more. Yield 6%
(A Top Pick May 23/19, Up 13%) This is doing what it should -- paying a 5% dividend and be less volatile. People are still watching tv. Their corporate debt is solid and they are paying down debt. He will look to buy more. Yield 6%
AT&T(T-N) Rating
Ranking : 3 out of 5
Bullish - Buy Signals / Votes : 1
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 7
Total Signals / Votes : 8
AT&T(T-N) Frequently Asked Questions
What is AT&T stock symbol?
AT&T is a American stock, trading under the symbol T-N on the New York Stock Exchange (T). It is usually referred to as NYSE:T or T-N
Is AT&T a buy or a sell?
In the last year, 8 stock analysts published opinions about T-N. 1 analyst recommended to BUY the stock. 7 analysts recommended to SELL the stock. The latest stock analyst recommendation is BUY. Read the latest stock experts' ratings for AT&T.
Is AT&T a good investment or a top pick?
AT&T was recommended as a Top Pick by Chris Blumas on 2021-06-08. Read the latest stock experts ratings for AT&T.
Why is AT&T stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
Is AT&T worth watching?
8 stock analysts on Stockchase covered AT&T In the last year. It is a trending stock that is worth watching.
What is AT&T stock price?
On 2021-07-23, AT&T (T-N) stock closed at a price of $28.15.
