Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Nyse  >  AT&T Inc.    T

AT&T INC.

(T)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsPress ReleasesOfficial PublicationsSector newsAnalyst Recommendations

AT&T : Says It Has All the Cash It Needs to Handle Downturn

share with twitter share with LinkedIn share with facebook
share via e-mail
04/07/2020 | 01:41pm EDT

By Drew FitzGerald

 

AT&T Inc. reassured investors its cash cushion is ample enough to ride out the current virus-induced economic downturn.

The telecom and media giant is one of the largest dividend payers and one of the most indebted corporate giants. It had a net debt total of $151 billion at the end of last year. It pays out $15 billion in annual dividends. The dividend yield on common stock is nearly 6.8% as of Tuesday.

The Dallas company told stockholders its December-end $12 billion cash pile showed its financial strength and said it has "no need or plans" in 2020 to use the $15 billion revolving credit facility it has on hand.

AT&T also said "it looks forward to continuing to pay a quarterly dividend" but skipped any mention of dividend increases, which the company has provided for the past 36 years. The dividend yield on common stock is nearly 6.8% as of Tuesday.

AT&T's shares gained 4% to $30.62 midday amid a broader market rally. The company reports first-quarter earnings on April 22.

 

Write to Drew FitzGerald at Drew.FitzGerald@WSJ.com

 

share with twitter share with LinkedIn share with facebook
share via e-mail
Latest news on AT&T INC.
06/01AT&T : WarnerMedia Taps Hulu, Verizon Alum as Technology Chief
DJ
05/29AT&T : CWA-Represented Employees Vote to Ratify West Wireline Agreement
PR
05/29TWITTER, GENERAL ELECTRIC, WALT DISN : Stocks That Defined the Week
DJ
05/29SOUTHERN : Velocity AI Shines a Bright Light on New Revenue Opportunities for Lo..
AQ
05/28AT&T : TitleAT&T INC. ANNOUNCES SETTLEMENT OF EURO AND USD BOND ISSUANCES AND EA..
PU
05/28AT&T INC. : Announces Settlement of Euro and USD Bond Issuances and Early Repaym..
BU
05/28AT&T INC. : Termination of a Material Definitive Agreement, Other Events, Financ..
AQ
05/28AT&T : Selects Salesforce to Accelerate its Customer Experience Vision
PR
05/28WHAT'S NEWS : Business & Finance -- WSJ
DJ
05/27HBO Max Is Left Out of Amazon, Roku's Platforms at Launch -- Update
DJ
More news
Financials (USD)
Sales 2020 171 B - -
Net income 2020 16 827 M - -
Net Debt 2020 147 B - -
P/E ratio 2020 13,2x
Yield 2020 6,69%
Capitalization 221 B 221 B -
EV / Sales 2019
EV / Sales 2020 2,15x
Nbr of Employees 244 000
Free-Float 93,4%
Chart AT&T INC.
Duration : Period :
AT&T Inc. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends AT&T INC.
Short TermMid-TermLong Term
TrendsBullishNeutralBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 33
Average target price 34,48 $
Last Close Price 30,99 $
Spread / Highest target 51,7%
Spread / Average Target 11,2%
Spread / Lowest Target -45,1%
EPS Revisions
Managers
NameTitle
Randall L. Stephenson Chairman & Chief Executive Officer
John T. Stankey President & Chief Operating Officer
John J. Stephens Chief Financial Officer & Senior Executive VP
Matthew K. Rose Lead Independent Director
Scott T. Ford Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
AT&T INC.-20.70%220 804
CHINA MOBILE LIMITED-16.11%146 604
T-MOBILE US28.04%123 206
SOFTBANK GROUP CORP.9.02%93 908
NTT DOCOMO, INC.-2.95%88 949
KDDI CORPORATION-2.89%66 173