Is AT&T worth investing in?

Is AT&T a good dividend stock to buy?

AT&T (NYSE:T) might seem like a great dividend stock. It pays a forward dividend yield of 7.3%, it’s raised its payout annually for 36 straight years, and it spent just 57% of its free cash flow on those dividends over the past 12 months. The stock also looks dirt cheap at nine times forward earnings.

Why is AT&T stock so bad?

The company has made poor acquisitions, has a lot of debt and its bloated dividend yield wasn’t enough to attract buyers. As a result, T stock has been a total dud over the years. In fact, the only thing that has saved its performance is the dividend. Over the last 10 years, AT&T stock is down 1.7%.

Is AT&T stock expected to rise?

Stock Price Forecast

The 21 analysts offering 12-month price forecasts for AT&T Inc have a median target of 31.00, with a high estimate of 37.00 and a low estimate of 23.00. The median estimate represents a +22.77% increase from the last price of 25.25.

Is AT&T a safe stock?

The Aristocrat with the lowest dividend safety score from Simply Safe is AT&T (T), which yields a hefty 7.6% and scores a 40. There has been much debate about that stock, whose dividend some investors consider to be risky.

Is AT&T going to cut their dividend?

Right in the press release, it justified its dividend cut, which will see the quarterly payment drop by half once the transaction closes in mid-2022. “Attractive dividend – resized to account for the distribution of WarnerMedia to AT&T shareholders.

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Why did ATT stock drop?

AT&T’s stock selloff comes amid growing investor concerns over competition with cable companies, and over ramped up spending by telecommunications companies to build out their fiber networks. Shares of AT&T rival Verizon Communications Inc.

What are analysts saying about AT&T?

T – AT&T Inc.

Earnings Estimate Current Qtr. (Dec 2021) Current Year (2021)
No. of Analysts 18 20
Avg. Estimate 0.76 3.35
Low Estimate 0.71 3.12
High Estimate 0.84 3.42