Market Cap
US$276.9b
Last Updated
2020/02/22 01:15 UTC
Data Sources
Company Financials +
Executive Summary
AT&T Inc. provides telecommunication, media, and technology services worldwide.
Rewards
Risk Analysis
Snowflake Analysis
Established dividend payer and fair value.
Similar Companies
Share Price & News
How has AT&T's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: T has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
0.8%
T
0.08%
US Telecom
-1.1%
US Market
1 Year Return
23.8%
T
12.8%
US Telecom
17.9%
US Market
Return vs Industry: T exceeded the US Telecom industry which returned 12.8% over the past year.
Return vs Market: T exceeded the US Market which returned 18% over the past year.
Shareholder returns
| T | Industry | Market | |
|---|---|---|---|
| 7 Day | 0.8% | 0.08% | -1.1% |
| 30 Day | -0.2% | -1.6% | 1.4% |
| 90 Day | 2.1% | 0.5% | 6.9% |
| 1 Year | 31.1%23.8% | 18.3%12.8% | 20.3%17.9% |
| 3 Year | 7.8%-9.0% | 16.1%-0.8% | 47.8%38.3% |
| 5 Year | 46.4%11.5% | 38.5%7.3% | 71.9%53.0% |
Price Volatility Vs. Market
How volatile is AT&T's share price compared to the market and industry in the last 5 years?
Simply Wall St News
4 days ago | Simply Wall St
Is AT&T Inc.'s (NYSE:T) ROE Of 7.4% Impressive?2 weeks ago | Simply Wall St
Insider Buying: The AT&T Inc. (NYSE:T) Just Bought US$3.8m Worth Of Shares2 weeks ago | Simply Wall St
Are AT&T's (NYSE:T) Statutory Earnings A Good Guide To Its Underlying Profitability?Valuation
Is AT&T undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: T ($38.55) is trading below our estimate of fair value ($90.36)
Significantly Below Fair Value: T is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: T is poor value based on its PE Ratio (20.3x) compared to the Telecom industry average (16.3x).
PE vs Market: T is poor value based on its PE Ratio (20.3x) compared to the US market (18.2x).
Price to Earnings Growth Ratio
PEG Ratio: T is poor value based on its PEG Ratio (1.8x)
Price to Book Ratio
PB vs Industry: T is good value based on its PB Ratio (1.5x) compared to the US Telecom industry average (1.5x).
Next Steps
Future Growth
How is AT&T forecast to perform in the next 1 to 3 years based on estimates from 26 analysts?
11.2%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: T's forecast earnings growth (11.2% per year) is above the savings rate (1.7%).
Earnings vs Market: T's earnings (11.2% per year) are forecast to grow slower than the US market (14.2% per year).
High Growth Earnings: T's earnings are forecast to grow, but not significantly.
Revenue vs Market: T's revenue (0.3% per year) is forecast to grow slower than the US market (7.6% per year).
High Growth Revenue: T's revenue (0.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: T's Return on Equity is forecast to be low in 3 years time (14.4%).
Next Steps
Past Performance
How has AT&T performed over the past 5 years?
20.5%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: T has high quality earnings.
Growing Profit Margin: T's current net profit margins (7.7%) are lower than last year (11.3%).
Past Earnings Growth Analysis
Earnings Trend: T's earnings have grown significantly by 20.5% per year over the past 5 years.
Accelerating Growth: T's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: T had negative earnings growth (-28.2%) over the past year, making it difficult to compare to the Telecom industry average (-19.4%).
Return on Equity
High ROE: T's Return on Equity (7.4%) is considered low.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is AT&T's financial position?
Financial Position Analysis
Short Term Liabilities: T's short term assets ($54.8B) do not cover its short term liabilities ($68.9B).
Long Term Liabilities: T's short term assets ($54.8B) do not cover its long term liabilities ($280.8B).
Debt to Equity History and Analysis
Debt Level: T's debt to equity ratio (81.4%) is considered high.
Reducing Debt: T's debt to equity ratio has reduced from 92.7% to 81.4% over the past 5 years.
Debt Coverage: T's debt is well covered by operating cash flow (29.6%).
Interest Coverage: T's interest payments on its debt are well covered by EBIT (3.3x coverage).
Balance Sheet
Inventory Level: T has a high level of physical assets or inventory.
Debt Coverage by Assets: T's debt is not covered by short term assets (assets are 0.3x debt).
Next Steps
Dividend
What is AT&T's current dividend yield, its reliability and sustainability?
5.40%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: T's dividend (5.4%) is higher than the bottom 25% of dividend payers in the US market (1.45%).
High Dividend: T's dividend (5.4%) is in the top 25% of dividend payers in the US market (3.73%)
Stability and Growth of Payments
Stable Dividend: T's dividends per share have been stable in the past 10 years.
Growing Dividend: T's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (107.9%), T's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: T's dividends in 3 years are forecast to be covered by earnings (52.4% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
5.2yrs
Average management tenure
CEO
Randall Stephenson (58yo)
12.7yrs
Tenure
US$29,118,118
Compensation
Mr. Randall L. Stephenson has been the Chief Executive Officer and Chairman of New Cingular Wireless PCS, LLC since June 2007 and also serves as its President since June 2007. Mr. Stephenson serves as Chai ...
CEO Compensation Analysis
Compensation vs Market: Randall's total compensation ($USD29.12M) is above average for companies of similar size in the US market ($USD10.79M).
Compensation vs Earnings: Randall's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 12.7yrs | US$29.12m | 0.031% $85.8m | |
| President | 1.1yrs | US$16.55m | 0.0084% $23.2m | |
| Senior EVP & CFO | 8.7yrs | US$15.64m | 0.0094% $25.9m | |
| Senior Executive VP & General Counsel | 4.3yrs | US$12.85m | 0.0016% $4.4m | |
| Senior Vice President of Investor Relations | 0yrs | no data | no data | |
| Senior Executive VP & Chief Compliance Officer | 5.2yrs | no data | 0.00086% $2.4m | |
| Chief Communications Officer | 12.3yrs | no data | no data | |
| Senior Vice President of Corporate Development | 12.7yrs | no data | no data | |
| Global Marketing Officer and CEO of AT&T Latin America | 4.8yrs | no data | 0.0022% $6.0m | |
| Chief Marketing Officer of AT&T’s Advertising & Analytics company | 2.3yrs | no data | no data |
5.2yrs
Average Tenure
58yo
Average Age
Experienced Management: T's management team is seasoned and experienced (5.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 12.7yrs | US$29.12m | 0.031% $85.8m | |
| Independent Director | 5.7yrs | US$310.00k | 0.0023% $6.4m | |
| Independent Director | 5.3yrs | US$310.00k | no data | |
| Independent Director | 6.4yrs | US$310.00k | 0.00040% $1.1m | |
| Independent Director | 7yrs | US$324.66k | 0.00071% $2.0m | |
| Independent Director | 7.7yrs | US$325.00k | 0.0011% $3.1m | |
| Lead Director | 0yrs | US$399.11k | 0.0029% $7.9m | |
| Independent Director | 20.3yrs | US$360.15k | no data | |
| Independent Director | 6.7yrs | US$333.15k | 0.000080% $221.6k | |
| Independent Director | 4.6yrs | US$350.00k | 0.00048% $1.3m |
6.7yrs
Average Tenure
62.5yo
Average Age
Experienced Board: T's board of directors are considered experienced (6.7 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: T insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 8%.
Top Shareholders
Company Information
AT&T Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: AT&T Inc.
- Ticker: T
- Exchange: NYSE
- Founded: 1983
- Industry: Integrated Telecommunication Services
- Sector: Telecom
- Market Cap: US$276.945b
- Shares outstanding: 7.17b
- Website: https://www.att.com
Number of Employees
Location
- AT&T Inc.
- 208 South Akard Street
- Dallas
- Texas
- 75202
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| T | NYSE (New York Stock Exchange) | Yes | Common Shares | US | USD | Nov 1983 |
| T * | BMV (Bolsa Mexicana de Valores) | Yes | Common Shares | MX | MXN | Nov 1983 |
| SOBA | XTRA (XETRA Trading Platform) | Yes | Common Shares | DE | EUR | Nov 1983 |
| SOBA | DB (Deutsche Boerse AG) | Yes | Common Shares | DE | EUR | Nov 1983 |
| T | SWX (SIX Swiss Exchange) | Yes | Common Shares | CH | CHF | Nov 1983 |
| T | BVC (Bolsa de Valores de Colombia) | Yes | Common Shares | CO | COP | Nov 1983 |
| T | SNSE (Santiago Stock Exchange) | Yes | Common Shares | CL | USD | Nov 1983 |
| T | ETLX (Eurotlx) | Yes | Common Shares | IT | EUR | Nov 1983 |
| 2342429 | SWX (SIX Swiss Exchange) | Yes | Common Shares | CH | CHF | Nov 1983 |
| ATT | WBAG (Wiener Boerse AG) | Yes | Common Shares | AT | EUR | Nov 1983 |
| T | BASE (Buenos Aires Stock Exchange) | CEDEAR EACH 3 REP 1 USD1 | AR | ARS | Sep 2000 | |
| ATTB34 | BOVESPA (Bolsa de Valores de Sao Paulo) | BDR EA REPR 1 COM SHS | BR | BRL | Dec 2011 | |
| T.PRA | OTCPK (Pink Sheets LLC) | 5 DEP RP PFD A | US | USD | Dec 2019 |
Biography
AT&T Inc. provides telecommunication, media, and technology services worldwide. The company operates through four segments: Communications, WarnerMedia, Latin America, and Xandr. The Communications segment provides wireless and wireline telecom, video, and broadband and Internet services; video entertainment services using satellite, IP-based, and streaming options; and audio programming services under the AT&T, Cricket, AT&T PREPAID, and DIRECTV brands to residential and business customers. This segment also sells handsets, wirelessly enabled computers, and wireless data cards manufactured by various suppliers for use with company’s voice and data services, as well as various accessories, such as carrying cases and hands-free devices through the company-owned stores, agents, and third-party retail stores. The WarnerMedia segment primarily produces, distributes, and licenses television programming and feature films; distributes home entertainment products in physical and digital formats; and produces and distributes mobile and console games, and consumer products, as well as offers brand licensing services. It also operates cable networks, multichannel premium pay television, and over-the-top services; and digital media properties. The Latin America segment offers video entertainment and audio programming services under the DIRECTV and SKY brands primarily to residential customers; pay-TV services, including HD sports video content; and postpaid and prepaid wireless services under the AT&T and Unefon brands, as well as sells various handsets through company-owned stores, agents, and third-party retail stores. The Xandr segment provides digital advertising services. It has a strategic alliance with Microsoft Corp. to deliver customer offerings; and Amdocs Limited. The company was formerly known as SBC Communications Inc. and changed its name to AT&T Inc. in November 2005. AT&T Inc. was founded in 1983 and is based in Dallas, Texas.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/02/22 01:15 |
| End of Day Share Price | 2020/02/21 00:00 |
| Earnings | 2019/12/31 |
| Annual Earnings | 2019/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.