AT&T Inc. (NYSE:T) Given Price Target Of $43.75


As per AT&T Inc. (NYSE:T)’s news release on 2016-06-24, its shareholders will get cash dividend of $0.48 per share. The recent press release updated on the record date and payout date, which stands at 2016-07-08 and 2016-08-01, respectively.

The stock will commence trading ex-dividend from 2016-07-06, until, which the shareholders are compelled to keep the holdings so as to qualify for the dividend. Evaluating the dividend distribution mode, it was noted that last year AT&T Inc. (NYSE:T) disbursed $0.48 in dividend compared to distribution of $0.48, a year ago.

It highlights a sharp difference in cash payouts of the two years. This shows a major deviation of 2.1739%.

Analyst Perspective

The sell-side market professionals who track the firm’s financial and technical parameters have estimated AT&T Inc. (NYSE:T) to attain a price target of $43.75. It is an average estimate figure given by 16 analysts tracking the stock. The estimates disclosed that the stock can move up on the chart and hit a high of $48. The low price range is set at $35 for next year while the arithmetic mean is seen at 1.95.

Eyeing Earnings AT&T Inc. (NYSE:T) is likely to post quarterly numbers around 2016-10-27 for the quarter ending 2016-09-30. The quarterly EPS projection is set at $0.74 for the period ending on 2016-09-30.

In last quarter ended 2015-12-31, AT&T Inc. (NYSE:T) earnings came at $0.72 suggesting a deviation of $0. The brokerages targeted EPS of $0.72 for the quarter.

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