Market Update (NYSE:T): AT&T Gives $10 Million to Organizations that Help Students Graduate from High School

[PR Newswire] – The awardees support and motivate underserved students to stay in school and prepare for their next step in life. AT&T funds the competition through AT&T Aspire, our signature philanthropic initiative to help students thrive in school and beyond. “A high school diploma is a ticket to future success for students and our country,” said Nicole Anderson, assistant vice president, AT&T Social Innovation and Philanthropy. Read more on this. AT&T, Inc. (T) , valued at $248.97B, started the session at $40.44. Looking at the equity, the company’s one day range is $40.28 to $40.57 with a one year range of $30.97 to $40.57. Priced at 14.12x this year’s forecasted earnings, T shares are relatively inexpensive compared to the industry’s 21.26x forward p/e ratio. And for dividend hunters, 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 based on a consensus revenue forecast of the current quarter of $40.75 Billion. If realized, that would be a 23.41% increase over the year-ago quarter. More recently, Macquarie Initiated T at Outperform (Apr 5, 2016). Previously, Deutsche Bank Initiated T at to Buy. Investors should keep in mind is that the average price target is $39.56, which is 2.18% below where the stock opened this morning. See more in (NYSE:T) Similar Articles: Market Update: AT&T Inc (NYSE:T) – AT&T Invests More Than $70 Million Over 3-Year Period to Enhance Local Networks in North Dakota Market Update: AT&T Inc (NYSE:T) – AT&T Invests Nearly $300 Million Over 3-Year Period to Enhance Local Networks in Denver Area Market Update (NYSE:T): Intel, AT&T Set Alliance For High-Altitude Drones