Stock Update (NYSE:T): AT&T Stock to Trade Ex-Dividend (T)

[at Investopedia] – AT&T will send its dividend payment on May 2 to shareholders of record as of April 8. Read more on this. AT&T, Inc. (T) , valued at $240.63B, opened at $39.29. Looking at today’s market, T one day range is $39.00 to $39.36 and has traded between $30.97 and $39.72 over the past 12 months. Priced at 13.86x this year’s forecasted earnings, T shares are relatively inexpensive compared to the industry’s 17.74x forward p/e ratio. And for dividend hunters, the company pays shareholders $1.92 per share annually in dividends, yielding 4.92%. In a review of the consensus earnings estimate this quarter, 24 sell-side analysts are looking at $0.69 per share, which would be $0.06 better than the year-ago quarter and a $0.01 sequential decrease. Investors should also note that the full-year EPS estimate of $2.84 is a $0.13 improvement when compared to the previous year’s annual results. The quarterly earnings estimate is predicated on a consensus revenue forecast of $40.88 Billion. If reported, that would be a 25.48% increase over the year-ago quarter. Recently, Macquarie Initiated T at Outperform (Apr 5, 2016). Previously, Deutsche Bank Initiated T at to Buy. When considering if the stock is under or overvalued, the average price target is $38.41, which is 2.24% below where the stock opened this morning. See more in (NYSE:T) Similar Articles: Stock Update: AT&T Inc (NYSE:T) – Despite Near-Term Noise, Wells Fargo Sees Higher Upside in Verizon and AT&T Stock Update (NYSE:T): AT&T (T) Stock Up, Migrating Most Applications to Cloud in 2016 Company Update (NYSE:CTL): CenturyLink Stock to Trade Ex-Dividend (CTL)