1-Star Price
INVESTOR
5-Star Price
INVESTOR
Economic Moat
INVESTOR
Capital Allocation
INVESTOR
Amazon’s potential entrance into the wireless resale business, as Bloomberg News has reported, reflects a risk to our view of the wireless industry. However, we expect the carriers will remain rational, and our fair value estimates on Verizon, AT&T, T-Mobile, and Dish Network are unchanged.
The wireless business contributes about two thirds of AT&T’s revenue following the spinoff of WarnerMedia. The firm is the third-largest U.S. wireless carrier, connecting 70 million postpaid and 18 million prepaid phone customers. Fixed-line enterprise services, which account for about 20% of revenue, include internet access, private networking, security, voice, and wholesale network capacity. Residential fixed-line services, about 10% of revenue, primarily consist of broadband internet access service. AT&T also has a sizable presence in Mexico, serving 22 million customers, but this business only accounts for 2% of revenue. The firm still holds a 70% equity stake in satellite television provider DirecTV but does not consolidate this business in its financial statements.
Morningstar analysts hand-select direct competitors or comparable companies to provide context on the strength and durability of T’s competitive advantage.
AT&T Inc
XNYS: T
| Comcast Corp Class A
XNAS: CMCSA
| Verizon Communications Inc
XNYS: VZ
| T-Mobile US Inc
XNAS: TMUS
| |
Price
| 15.95 | 40.23 | 35.47 | 131.36 |
Currency
| USD | USD | USD | USD |
Change
| −$0.12 (0.75%) | −$0.24 (0.59%) | +$0.04 (0.11%) | +$1.04 (0.80%) |
Market Cap
| 114.03 Bil | 167.71 Bil | 148.97 Bil | 157.62 Bil |
Industry
| Telecom Services | Telecom Services | Telecom Services | Telecom Services |
Sector
|
Communication Services
|
Communication Services
|
Communication Services
|
Communication Services
|
* Trading data in this section is delayed by at least 15 minutes.
Yes. T has a forward dividend yield of 6.96%.
See
T’s full dividends and stock split history
on the Dividend tab.
Dividend yield allows investors, particularly those interested in dividend-paying stocks,
to compare the relationship between a stock’s price and how it rewards stockholders through dividends.
The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.
Learn more about dividend yield.
T’s market cap is 114.03 Bil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares.
It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the
largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.
Learn more about market capitalization.
T’s stock style is Large Value.
Style is an investment factor that has a meaningful impact on investment risk and returns.
Style is calculated by combining value and growth scores, which are first individually calculated.
High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.
Learn more about style.
T’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.
Compare T’s historical performance against its industry peers and the overall market.
