Quick Update for AT&T (T) Investors

Shares of Telecommunications sector company AT&T moved 1.2% today, and are now trading at a price of $16.65. The large-cap stock's daily volume was 53,592,168 compared to its average volume of 37,728,320. The S&P 500 index returned a 0.0% performance.

AT&T Inc. provides telecommunications and technology services worldwide. The company is based in Dallas and has 152,740 full time employees. Its market capitalization is $119,047,831,552. AT&T currently offers its equity investors a dividend that yields 6.7% per year.

21 analysts are following AT&T and have set target prices ranging from $7.41 to $25.93 per share. On average, they have given the company a rating of hold. At today's prices, T is trading -1.83% away from its average analyst target price of $16.96 per share.

Over the last year, T shares have gone down by -10.9%, which represents a difference of -31.8% when compared to the S&P 500. The stock's 52 week high is $21.53 per share and its 52 week low is $13.43. Although AT&T's average free cash flow over the last 6 years has been $23.7 Billion, they have been decreasing at an average rate of -6.9%. For this reason, investors may continue to shun the stock.

Date Reported Cash Flow from Operations ($ k) Capital expenditures ($ k) Free Cash Flow ($ k) YoY Growth (%)
2023 37,284,000 17,481,000 19,803,000 22.35
2022 35,812,000 19,626,000 16,186,000 -38.72
2021 41,957,000 15,545,000 26,412,000 -7.13
2020 43,130,000 14,690,000 28,440,000 -2.04
2019 48,668,000 19,635,000 29,033,000 29.9
2018 43,602,000 21,251,000 22,351,000
The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.