How to Buy AT&T Stock
AT&T Inc
AT&T is a telecom company located in Texas, United States, which is part of the Communication Services sector, and is traded under the ticker T on the NYSE exchange.
AT&T stock last closed at $16.31, down 1.21% from the previous day, and has decreased 6.96% in one year. It has overperformed other stocks in the Telecom Services industry by 0.12 percentage points. AT&T stock is currently +21.44% from its 52-week low of $13.43, and -10.16% from its 52-week high of $18.16.
There are currently 7.15B T shares outstanding. The market value of T is $116.66B. In the last 24 hours, 54.11M T shares were traded.
How to Buy AT&T Stock
Wondering how to invest in AT&T stock? Here's how.
- Decide where to buy AT&T stock: You need to choose a stock brokerage, but don't worry - we've researched dozens of online brokerages and apps to help you determine where to buy AT&T stock.
- Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Fund your investment account: Pick your payment method and add your information.
- Evaluate AT&T stock: The AT&T ticker symbol is T. Is AT&T stock a good investment? Should you buy shares of T? How do T's underlying business fundamentals look? Do top analysts think AT&T is a good buy? Why has T's stock price moved recently? (Hint: Our stock research tools can help you figure out if T is a good stock to buy).
- Execute your T buy order: Decide if you will purchase T shares at the current market price or use a limit order to buy T shares at a given price.
- Keep tabs on your T position: Create a watchlist to get the latest news on your position in AT&T shares.
Step 1: Decide where to buy AT&T stock
You need an online brokerage account to access the NYSE market and buy T shares.
Our preferred brokerage: eToro
Based on our experience, eToro is the best place to buy stocks. eToro gives you:
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- Social investing: eToro offers a community with more than 20 million users worldwide. Talk to, learn from, and copy the crypto trades of other investors.
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- Buy other financial assets: Such as ETFs and cryptos.
Get $10 towards your purchase of stock by creating an account with eToro today.
Open eToro AccountStep 2: Open a brokerage account
Now that you've selected the best brokerage, it's time to fill out some personal information so you are able to buy T stock today.
How to Create a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal details to open a new trading account.
- Submit your info by pressing the "Create Account" button. Get started with eToro today
Step 3: Fund your investment account
Now that you've opened your account on stock market app, you need to deposit funds:
Watch the video below if you need help transferring money into your new investment account.
Step 4: Evaluate AT&T stock
After you have identified the best place to buy AT&T stock, it's important to research their stock prior to investing, so you truly comprehend the risk as well as the opportunity.
AT&T Metrics
T Fundamentals
WallStreetZen was built to help average investors perform better fundamental analysis.
You can view all of the due diligence checks on T's stock page.
Is T stock undervalued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge T's intrinsic value.
Using relative valuations methods:
- T could be undervalued based on its P/E ratio of 8.28x, relative to Telecom Services industry P/E ratio of 112.47x
- T may be undervalued based on its P/B ratio of 1.13x, relative to Telecom Services industry P/B ratio of 1.57x
- T could be overvalued based on its PEG ratio of 1.1x
You can access more valuation analysis on T's stock here.
Is T a healthy company?
Passed Health Checks:
- T's operating cash flow of $38.31B allows it to safely service it's debt of $154.90B.
- T profit margin has gone up from -7.2% to 11.6% in the past year.
Failed Health Checks:
- There are more long-term liabilities than short-term assets on the T balance sheet.
- T has a relatively high debt to equity ratio of 2.8.
- T earnings of $25.33B is not enough to cover its interest payments.
- There are more short-term liabilities than short-term assets on the T balance sheet.
- Total T debt is higher than 5 years ago, relative to shareholder equity.
Do Wall Street analysts think it's a good time to buy AT&T stock
Out of 10 Wall Street analysts who track T, the consensus analyst rating on T is a Buy
Please note that analyst ratings are not recommendations, nor are they financial advice.
Latest T Analyst Forecasts
Kannan Venkateshwar, a top 25% analyst from Barclays maintains T with a hold rating and raises their T price target from $17.00 to $20.00, on Jan 31, 2024.
Barclays's Kannan Venkateshwar raised their price target on AT&T (NYSE: T) by 17.6% from $17 to $20 on 2024/01/31. The analyst maintained their Hold rating on the stock.
Venkateshwar hiked their price target on AT&T in a note in which they compared the company to Verizon:
- "Verizon is on a much better operational trajectory than it has been over the last couple of years, but upside to numbers and valuation may be limited against present levels.
- "AT&T, on the other hand, may have slightly better narrative support this year on a relative basis."
As a result, while raising AT&T's price target, the analyst told readers that they downgraded Verizon because "the stock's valuation is more fairly aligned with trend improvements."
Earnings Report
AT&T reported:
For Q4 2023:
- EPS of $0.54, which missed the Zacks Consensus Estimate of $0.55 and, by 11.5%, Q4 2022’s $0.61.
- Revenue of $32B, which beat the Zacks Consensus Estimate of $31.46B and, by 2.2%, Q4 2022’s $31.34B.
- Free cash flow of $6.4B.
For FY 2023:
- EPS of $2.41, which missed FY 2022’s $2.57 by 6.2%.
- Revenue of $122.43B, which beat FY 2022’s $120.74B by 1.4%.
- Free cash flow of $16.8B.
Management guided for FY 2024:
- EPS of $2.15 to $2.25.
- Adjusted EBITDA growth of ~3%.
- Free cash flow of $17B to $18B.
CEO John Stankey commented: “We accomplished exactly what we said we would in 2023, delivering sustainable growth and consistent business performance, resulting in full-year free cash flow of $16.8B, ahead of our raised guidance.
“As we advance our lead in converged connectivity, we will continue to scale our best-in-class 5G and fiber networks to meet customers’ growing demand for seamless, ubiquitous broadband, and drive durable growth for shareholders.”
Bryan Kraft, a top 26% analyst from Deutsche Bank maintains T with a strong buy rating and raises their T price target from $23.00 to $24.00, on Jan 25, 2024.
Timothy Horan, a top 23% analyst from Oppenheimer upgrades T to a buy rating and announces their T price target of $21.00, on Jan 19, 2024.
Eric Luebchow, a bottom 9% analyst from Wells Fargo maintains T with a strong buy rating and raises their T price target from $17.00 to $20.00, on Dec 13, 2023.
Simon Flannery, a bottom 13% analyst from Morgan Stanley maintains T with a hold rating and lowers their T price target from $20.00 to $19.00, on Oct 23, 2023.
You can dive deeper into what analysts are projecting on the AT&T stock forecast page.
T Technicals
T Performance Numbers
Last year, T earnings were $14.19B. Over the past five year, T's earnings have increased by -7.12% per year. This was slower than the Telecom Services industry average of 8.12%.
Last year, T revenue was $122.43B. Over the last five year, T's revenue has gone up by -6.44% per year. This was slower than the Telecom Services industry average of 3.39%.
Dive into T's earnings and revenue performance here.
Who is buying/selling T?
Over the last year, executives and large shareholders at T have sold more shares than they have bought.
Sanders S. Sabrina, SVP-ChiefActngOfcrController of T, was the latest T insider to buy. They bought $42,398.40 worth of T stock on Mar 28, 2024.
Research more about who owns T stock here.
Does T provide a stable income stream?
AT&T pays a dividend of 6.81%, compared to the Telecom Services industry's average dividend yield of 4.48%. If you owned $1,000 worth of T stock, you would have been paid $68.06 last year.
AT&T dividend payments have not consistently grown over the past decade and have not remained stable.
Find more info about AT&T dividend yield and history here.
What do other investors have to say about T?
One of the reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to see what other community members have to say.
Step 5: Execute your T buy order
You have two main types of orders:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are usually the best for newer investors. - Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
If you want to be sure you're buying or selling at a specific dollar amount, use a limit order.
Click the Open Trade button and eToro will place the order.
If you want additional help investing in stocks on eToro, click the how to video below:
Step 6: Keep tabs on your T position
Now that you own some T shares, you'll want to stay up-to-date on your new company.
Start a watchlist to keep track of your T stock.
T Feed
How to Buy Stock in AT&T
To summarize, here are the 6 steps you need to take to buy AT&T stock right now:
- Decide where to buy AT&T stock
- Open a brokerage account
- Fund your investment account
- Evaluate AT&T stock
- Execute your T buy order
- Keep tabs on your T position
If you need a online brokerage, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to get notifications regarding your investment in AT&T, click the button below.
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