Company Update: AT&T Inc (NYSE:T) – AT&T, Verizon Still In Hunt For Yahoo, Offers Reportedly Differ

[at Investor’s Business Daily] – AT&T (T) and Verizon Communications (VZ) reportedly are both heading into the final round of bidding for Yahoo (YHOO), along with a group headed by Quicken Loans founder Dan Gilbert and backed by Berkshire … Read more on this. AT&T, Inc. (T) , currently valued at $247.43B, started the session at $40.19. Today’s price range has been between $40.13 and $40.46 per share with its 52-week range being $30.97 to $40.53. AT&T (T) shares are currently priced at 14.10x this year’s forecasted earnings, which makes them relatively inexpensive compared to the industry’s 21.26x earnings multiple for the same period. And for those looking to make a return holding the stock, the company pays shareholders $1.92 per share annually in dividends, yielding 4.76%. Consensus earnings for the current quarter by the 23 sell-side analysts covering the stock is an estimate of $0.72 per share, which would be $0.03 better than the year-ago quarter and a $0.00 sequential decrease. The full-year EPS estimate is $2.86, which would be a $0.15 better than last year. The quarterly earnings estimate is predicated on a consensus revenue forecast of $40.75 Billion. If reported, that would be a 23.41% increase over the year-ago quarter. In terms of ratings, Macquarie Initiated T at Outperform (Apr 5, 2016). Previously, Deutsche Bank Initiated T at to Buy. The average price target for T shares by the analysts covering it is $39.56, which is 1.57% below where the stock opened. See more in (NYSE:T) Similar Articles: Company Update (NYSE:VZ): AT&T, Verizon Still In Hunt For Yahoo, Offers Reportedly Differ Stock Update (NYSE:VZ): Verizon announces tender offers for 34 tranches of notes issued by Verizon and its subsidiaries Company Update (NYSE:T): AT&T Inc. Announces Results of Early Tenders and Consents in Exchange Offers