Menu Close

Why are AT shares so cheap?

Why are AT shares so cheap?

AT’s huge debt load has been one of the primary reasons the stock price has languished over the years. The company borrowed heavily to fund the acquisitions of DIRECTV and Time Warner and never made meaningful progress in paying down the balance sheet since the Time Warner deal three years ago.

Is AT a safe stock?

AT Inc (Symbol: T) has been named to the Dividend Channel ”S.A.F.E. 25” list, signifying a stock with above-average ”DividendRank” statistics including a strong 7.7% yield, as well as a superb track record of at least two decades of dividend growth, according to the most recent ”DividendRank” report.

Is AT a good stock to buy in 2021?

AT stock was down over 26% in 2020, even after recovering nearly 30% from its lows of the coronavirus bear market. So far in 2021, share have traded down 14%. On the positive side, the stock maintains a high 8.4% annualized dividend yield in a very low interest rate environment..

Is AT a buy Zacks?

A company with a P/E ratio of 40 and a growth rate of 50% would have a PEG ratio of 0.80 (40 / 50 = 0.80)….Momentum Scorecard. More Info.

Zacks Rank Definition Annualized Return
1 Strong Buy 25.35%
2 Buy 19.00%
3 Hold 10.62%
4 Sell 6.30%

Is AT going to cut their dividend?

Right in the press release, it justified its dividend cut, which will see the quarterly payment drop by half once the transaction closes in mid-2022. “Attractive dividend – resized to account for the distribution of WarnerMedia to AT shareholders.

How reliable is AT dividend?

The Aristocrat with the lowest dividend safety score from Simply Safe is AT (T), which yields a hefty 7.6% and scores a 40.

Does T Mobile stock pay a dividend?

Does T-Mobile US pay a dividend? T-Mobile US does not have any plans to pay a dividend on its common stock at this time.

What do analysts say about AT stock?

The 21 analysts offering 12-month price forecasts for AT Inc have a median target of 31.00, with a high estimate of 37.00 and a low estimate of 23.00. The median estimate represents a +28.47% increase from the last price of 24.13.

Who owns TMobile?

T-Mobile
Deutsche Telekom
T-Mobile US/Parent organizations

Is T-Mobile a public or private company?

On 1 May 2013, the combined company, now known as T-Mobile US, began trading on the New York Stock Exchange as a public company.

Is there a buy point in at & T stock?

Given its position relative to its peers, it’s safe to say that AT is not a leading stock. AT stock recently formed a new flat base with a 31.99 buy point. But the breakout failed in late May when share gapped below the 50-day line in heavy volume.

Why is at & T stock down in Canada?

There is an argument that it will stop being a yield stock and become a hybrid. The stock is down as a result. You will get shares in the newly merged Discover-Warner company. The tax treatment is still unknown for Canadian holders of AT.

What was the result of the at & T spin off?

The spin-off would result in the formation of a new company wherein AT shareholders will own 71% of the combined company while Discovery will own the remaining 29%. The transaction will generate $43 billion for AT in cash and debt. AT is expected to report its second quarter results on July 22.

What is the payout ratio of at & T?

AT had reduced the dividend payout ratio following the WarnerMedia spin-off and anticipates an annual dividend payout ratio between 40% to 43% on expected free cash flow in excess of $20 billion, following the close of the transaction.