AT&T (T)
Market Price (3/15/2026): $27.72 | Market Cap: $196.7 BilSector: Communication Services | Industry: Integrated Telecommunication Services
AT&T (T)
Market Price (3/15/2026): $27.72Market Cap: $196.7 BilSector: Communication ServicesIndustry: Integrated Telecommunication Services
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 11%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 7.0%, FCF Yield is 9.9% | Trading close to highsDist 52W High is -4.3%, Dist 3Y High is -4.3% | Debt is significantNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 70% |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 32%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 15%, CFO LTM is 40 Bil, FCF LTM is 19 Bil | ||
| Low stock price volatilityVol 12M is 23% |
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 11%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 7.0%, FCF Yield is 9.9% |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 32%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 15%, CFO LTM is 40 Bil, FCF LTM is 19 Bil |
| Low stock price volatilityVol 12M is 23% |
| Trading close to highsDist 52W High is -4.3%, Dist 3Y High is -4.3% |
| Debt is significantNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 70% |
Qualitative Assessment
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AT&T (T) stock has gained about 10% since 11/30/2025 because of the following key factors:
1. Exceeding Q4 2025 Earnings Expectations and Strong 2026 Guidance.
AT&T reported an earnings per share (EPS) of $0.52 for the fourth quarter of 2025, surpassing analyst estimates of $0.47 by $0.05. This earnings beat was coupled with a robust 2026 outlook, where management emphasized "profitable stability" and indicated that the company met or exceeded all consolidated full-year financial guidance targets for 2025.
2. Commitment to Significant Shareholder Returns.
Following its strong performance, AT&T announced a plan to return over $45 billion to shareholders between 2026 and 2028, with approximately $8 billion allocated for share buybacks in 2026. This shareholder return program signals management's confidence in the company's sustained free cash flow generation and financial health.
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1. Exceeding Q4 2025 Earnings Expectations and Strong 2026 Guidance.
AT&T reported an earnings per share (EPS) of $0.52 for the fourth quarter of 2025, surpassing analyst estimates of $0.47 by $0.05. This earnings beat was coupled with a robust 2026 outlook, where management emphasized "profitable stability" and indicated that the company met or exceeded all consolidated full-year financial guidance targets for 2025.
2. Commitment to Significant Shareholder Returns.
Following its strong performance, AT&T announced a plan to return over $45 billion to shareholders between 2026 and 2028, with approximately $8 billion allocated for share buybacks in 2026. This shareholder return program signals management's confidence in the company's sustained free cash flow generation and financial health.
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Stock Movement Drivers
Fundamental Drivers
The 7.8% change in T stock from 11/30/2025 to 3/14/2026 was primarily driven by a 8.3% change in the company's P/E Multiple.| (LTM values as of) | 11302025 | 3142026 | Change |
|---|---|---|---|
| Stock Price ($) | 25.72 | 27.72 | 7.8% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 124,480 | 125,648 | 0.9% |
| Net Income Margin (%) | 17.9% | 17.5% | -2.2% |
| P/E Multiple | 8.3 | 9.0 | 8.3% |
| Shares Outstanding (Mil) | 7,156 | 7,097 | 0.8% |
| Cumulative Contribution | 7.8% |
Market Drivers
11/30/2025 to 3/14/2026| Return | Correlation | |
|---|---|---|
| T | 7.8% | |
| Market (SPY) | -3.1% | -27.9% |
| Sector (XLC) | -0.8% | 10.4% |
Fundamental Drivers
The -3.2% change in T stock from 8/31/2025 to 3/14/2026 was primarily driven by a -44.6% change in the company's P/E Multiple.| (LTM values as of) | 8312025 | 3142026 | Change |
|---|---|---|---|
| Stock Price ($) | 28.64 | 27.72 | -3.2% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 123,984 | 125,648 | 1.3% |
| Net Income Margin (%) | 10.3% | 17.5% | 69.8% |
| P/E Multiple | 16.2 | 9.0 | -44.6% |
| Shares Outstanding (Mil) | 7,209 | 7,097 | 1.6% |
| Cumulative Contribution | -3.2% |
Market Drivers
8/31/2025 to 3/14/2026| Return | Correlation | |
|---|---|---|
| T | -3.2% | |
| Market (SPY) | 3.0% | -15.7% |
| Sector (XLC) | 3.1% | 19.4% |
Fundamental Drivers
The 5.6% change in T stock from 2/28/2025 to 3/14/2026 was primarily driven by a 95.2% change in the company's Net Income Margin (%).| (LTM values as of) | 2282025 | 3142026 | Change |
|---|---|---|---|
| Stock Price ($) | 26.26 | 27.72 | 5.6% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 122,336 | 125,648 | 2.7% |
| Net Income Margin (%) | 8.9% | 17.5% | 95.2% |
| P/E Multiple | 17.3 | 9.0 | -48.1% |
| Shares Outstanding (Mil) | 7,205 | 7,097 | 1.5% |
| Cumulative Contribution | 5.6% |
Market Drivers
2/28/2025 to 3/14/2026| Return | Correlation | |
|---|---|---|
| T | 5.6% | |
| Market (SPY) | 12.4% | 6.5% |
| Sector (XLC) | 13.2% | 22.8% |
Fundamental Drivers
The 73.0% change in T stock from 2/28/2023 to 3/14/2026 was primarily driven by a 64.9% change in the company's P/S Multiple.| (LTM values as of) | 2282023 | 3142026 | Change |
|---|---|---|---|
| Stock Price ($) | 16.02 | 27.72 | 73.0% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 120,741 | 125,648 | 4.1% |
| P/S Multiple | 0.9 | 1.6 | 64.9% |
| Shares Outstanding (Mil) | 7,157 | 7,097 | 0.8% |
| Cumulative Contribution | 73.0% |
Market Drivers
2/28/2023 to 3/14/2026| Return | Correlation | |
|---|---|---|
| T | 73.0% | |
| Market (SPY) | 73.4% | 6.5% |
| Sector (XLC) | 120.2% | 19.5% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| T Return | -8% | 5% | -3% | 44% | 14% | 11% | 71% |
| Peers Return | 3% | -26% | -1% | 44% | -2% | 7% | 14% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | -1% | 80% |
Monthly Win Rates [3] | |||||||
| T Win Rate | 33% | 42% | 67% | 75% | 58% | 67% | |
| Peers Win Rate | 53% | 40% | 53% | 57% | 50% | 53% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 33% | |
Max Drawdowns [4] | |||||||
| T Max Drawdown | -17% | -16% | -24% | -2% | -4% | -6% | |
| Peers Max Drawdown | -10% | -38% | -23% | -19% | -25% | -9% | |
| S&P 500 Max Drawdown | -1% | -25% | -1% | -2% | -15% | -2% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: VZ, TMUS, CMCSA, CHTR, LUMN. See T Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 3/13/2026 (YTD)
How Low Can It Go
| Event | T | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -45.7% | -25.4% |
| % Gain to Breakeven | 84.1% | 34.1% |
| Time to Breakeven | 573 days | 464 days |
| 2020 Covid Pandemic | ||
| % Loss | -31.4% | -33.9% |
| % Gain to Breakeven | 45.8% | 51.3% |
| Time to Breakeven | Not Fully Recovered days | 148 days |
| 2018 Correction | ||
| % Loss | -35.8% | -19.8% |
| % Gain to Breakeven | 55.7% | 24.7% |
| Time to Breakeven | Not Fully Recovered days | 120 days |
| 2008 Global Financial Crisis | ||
| % Loss | -49.3% | -56.8% |
| % Gain to Breakeven | 97.2% | 131.3% |
| Time to Breakeven | 2,670 days | 1,480 days |
Compare to VZ, TMUS, CMCSA, CHTR, LUMN
In The Past
AT&T's stock fell -45.7% during the 2022 Inflation Shock from a high on 5/10/2021. A -45.7% loss requires a 84.1% gain to breakeven.
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About AT&T (T)
AT&T Inc. provides telecommunications, media, and technology services worldwide. Its Communications segment offers wireless voice and data communications services; and sells handsets, wireless data cards, wireless computing devices, and carrying cases and hands-free devices through its own company-owned stores, agents, and third-party retail stores. It also provides data, voice, security, cloud solutions, outsourcing, and managed and professional services, as well as customer premises equipment for multinational corporations, small and mid-sized businesses, governmental, and wholesale customers. In addition, this segment offers broadband fiber and legacy telephony voice communication services to residential customers. It markets its communications services and products under the AT&T, Cricket, AT&T PREPAID, and AT&T Fiber brand names. The company's Latin America segment provides wireless services in Mexico; and video services in Latin America. This segment markets its services and products under the AT&T and Unefon brand names. The company was formerly known as SBC Communications Inc. and changed its name to AT&T Inc. in 2005. AT&T Inc. was incorporated in 1983 and is headquartered in Dallas, Texas.
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Like Verizon for mobile phone and home fiber internet services.
A blend of Verizon (for wireless) and Comcast (for internet and business solutions).
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- Wireless Communication Services: Provides mobile voice and data communication services to consumers.
- Wireless Device Sales: Sells various mobile devices and accessories, including handsets, data cards, and computing devices.
- Business Communication & IT Services: Offers data, voice, security, cloud solutions, outsourcing, and managed and professional services to businesses.
- Residential Broadband & Voice Services: Delivers fiber-optic broadband and legacy telephony voice communication services to residential customers.
- Latin American Wireless Services: Provides mobile communication services, primarily in Mexico.
- Latin American Video Services: Offers video entertainment services to customers in the Latin America region.
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AT&T Inc. serves a diverse customer base, primarily individuals and households, as well as businesses and governmental entities. Its major customer categories include:
- Residential Wireless and Broadband Customers: This category encompasses individual consumers and households who subscribe to AT&T's wireless voice and data communication services (marketed under AT&T, Cricket, and AT&T PREPAID brands), as well as those utilizing its broadband fiber and legacy telephony voice communication services (marketed under the AT&T Fiber brand). These customers also purchase handsets and related wireless devices.
- Latin American Wireless and Video Customers: Individuals and households in Mexico who subscribe to AT&T's wireless services (under the AT&T and Unefon brand names), and customers in Latin America who utilize its video services.
- Business, Governmental, and Wholesale Customers: This category includes multinational corporations, small and mid-sized businesses, governmental organizations, and wholesale customers. AT&T provides these customers with a range of services such as data, voice, security, cloud solutions, outsourcing, managed and professional services, and customer premises equipment.
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- Ericsson (ERIC)
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John Stankey, Chief Executive Officer
John Stankey has served as CEO of AT&T since July 2020 and was elected Chairman in February 2025. He joined AT&T in 1985 and has held numerous leadership positions across the company. Prior to his current role, he served as President and Chief Operating Officer of AT&T and was also the CEO of WarnerMedia. His past roles include CEO of AT&T Entertainment Group, Chief Strategy Officer, Chief Technology Officer, CEO of AT&T Operations, and CEO of AT&T Business Solutions. Stankey earned a B.S. in finance from Loyola Marymount University and an MBA from UCLA.
Pascal Desroches, Senior Executive Vice President and Chief Financial Officer
Pascal Desroches has been AT&T's Senior Executive Vice President and Chief Financial Officer since April 2021. Before joining AT&T, he held the position of EVP and CFO of WarnerMedia. His career also includes serving as the Administrative Officer of Turner Broadcasting System Inc., and previously as Turner's CFO and Global Controller of Time Warner. Prior to his time with the WarnerMedia family, Desroches was a partner at KPMG and a professional accounting fellow with the Office of the Chief Accountant at the United States Securities and Exchange Commission (SEC). He is an honors graduate of St. John's University and holds an MBA from Columbia University.
Jeff McElfresh, Chief Operating Officer
Jeff McElfresh serves as the Chief Operating Officer of AT&T Inc.
Kellyn Smith Kenny, Chief Marketing & Growth Officer
Kellyn Smith Kenny serves as the Chief Marketing & Growth Officer of AT&T.
Jeremy Legg, Chief Technology Officer
Jeremy Legg serves as the Chief Technology Officer of AT&T. He previously held the position of CTO at WarnerMedia.
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Here are the key risks to AT&T's business:1. High Debt Load and Capital Expenditure Requirements
AT&T faces a significant financial constraint due to its substantial debt load, which was around $139.5 billion at the end of Q3 2025. The company is also undergoing a massive transition to new fiber and 5G networks, necessitating heavy capital investments, with projected full-year capital expenditures between $22 billion and $22.5 billion. This requires flawless execution on its buildouts to generate the cash flow needed to service the debt and achieve its free cash flow targets. The high debt levels and persistent capital expenditure needs are seen as threats to cash flow flexibility and can limit other strategic investments or shareholder returns.2. Intense Competition and Market Saturation
The telecommunications industry, particularly the wireless market, is characterized by intense competition and near saturation in the U.S. AT&T, along with other major carriers, is experiencing slowing subscriber growth and increasing customer churn, driven by consumers seeking cheaper phone plan options and aggressive pricing tactics from rivals. This competitive pressure can lead to price wars, higher customer acquisition costs, and reduced profitability. While AT&T is focusing on bundled offerings of phone and internet services to reduce churn, this strategy also carries risks in a highly competitive environment.3. Regulatory and Cybersecurity Risks
AT&T has faced significant cybersecurity breaches, leading to the exposure of personal information for millions of current and former customers. These incidents have drawn the attention of regulatory bodies like the Federal Communications Commission (FCC), which has imposed penalties and required AT&T to implement improvements in its privacy and data security practices, including enhanced vendor oversight programs. Such breaches can lead to financial and operational costs, potential regulatory fines, and reputational damage.AI Analysis | Feedback
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Fixed Wireless Access (FWA): The rapid expansion and adoption of Fixed Wireless Access services offered by competitors (such as T-Mobile and Verizon) directly threatens AT&T's residential broadband business, including its AT&T Fiber and legacy telephony services. FWA provides an alternative home internet solution that can bypass traditional wired infrastructure, attracting customers away from established providers.
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Over-the-Top (OTT) Streaming Services: The continued global growth and increasing penetration of streaming video services (e.g., Netflix, Disney+, Amazon Prime Video) pose an ongoing and significant threat to AT&T's "video services in Latin America." These services offer consumers a direct alternative to traditional pay-TV, contributing to cord-cutting trends and impacting subscriber numbers and revenue for incumbent video providers.
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Direct-to-Device Satellite Communication: Emerging technologies and partnerships enabling direct satellite connectivity to standard smartphones (e.g., T-Mobile/Starlink, Apple/Globalstar, AST SpaceMobile) present a nascent but clear threat to AT&T's core wireless communication services. While currently focused on emergency or basic messaging, these capabilities could evolve to offer broader services, potentially bypassing traditional cellular networks and impacting revenue streams, particularly in underserved or remote areas.
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AT&T (symbol: T) operates in several significant addressable markets across its Communications and Latin America segments. Here are the estimated addressable market sizes for AT&T's main products and services:- Wireless Voice and Data Communications Services (U.S.): The U.S. wireless telecommunication services market recorded revenues of $215.2 billion in 2024. Another source indicates the market size of Wireless Telecommunications Carriers in the U.S. was $320.8 billion in 2024. The overall U.S. telecom services market, which includes wireless, was estimated at USD 468.08 billion in 2023 and is expected to reach USD 493.50 billion in 2024. It is projected to reach USD 601.2 billion in 2030.
- Broadband Fiber and Legacy Telephony Voice Communication Services (U.S.): The U.S. broadband services market generated revenue of USD 74.03 billion in 2024 and is expected to reach USD 113.83 billion by 2030. The USA Internet Service Providers (ISP) Market was valued at approximately USD 139.8 billion in 2023. Within this, the U.S. fiber optics market generated a revenue of USD 1,431.3 million in 2025 and is expected to reach USD 1,910.2 million by 2033.
- Business Services (U.S.) - including Data, Voice, Security, Cloud Solutions, Outsourcing, and Managed & Professional Services:
- Managed Services: The U.S. Managed Services Market size was estimated at USD 79.17 billion in 2023 and is expected to reach USD 88.13 billion in 2024. It is projected to grow from USD 128.07 billion in 2025 to USD 162.52 billion by 2030.
- Cybersecurity: The U.S. Cybersecurity market was valued at USD 82.4 billion in 2024 and is expected to increase to USD 165.1 billion by 2032. The United States cybersecurity market size was valued at USD 92.73 billion in 2025.
- Cloud Solutions: The U.S. cloud computing market size was valued at USD 216.91 billion in 2023 and is projected to grow to USD 622.03 billion by 2031. The U.S. cloud services market size was exhibited at USD 181.70 billion in 2024 and is projected to be worth around USD 817.06 billion by 2034.
- Wireless Services (Mexico): The Mexico Wireless Telecommunication Service Market size was estimated at USD 9.99 billion in 2024 and is projected to grow to USD 19.25 billion by 2035. The mobile data segment within the Mexican telecom market is projected to reach an estimated $25 billion in revenue by 2025.
- Video Services (Latin America): The Latin America pay TV market generated a revenue of USD 25.62 billion in 2021. The Latin America Pay TV market was valued at USD 15.29 billion in 2025 and is projected to reach USD 18.88 billion by 2034. Regional Pay TV revenues are expected to fall from around $13 billion in 2023 to roughly $9 billion by 2030.
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Here are 4 expected drivers of future revenue growth for AT&T (T) over the next 2-3 years:- Advanced Home Internet (Fiber and Fixed Wireless Access) Expansion and Subscriber Growth: AT&T is heavily investing in expanding its fiber broadband network, aiming to reach over 40 million customer locations by the end of 2026 and over 60 million by 2030. The company has consistently added over 1 million AT&T Fiber net subscribers annually for the past eight years and added 283,000 fiber subscribers in Q4 2025. Additionally, AT&T Internet Air, its fixed wireless broadband offering, is contributing to advanced home internet growth, with 875,000 net additions in 2025. This aggressive expansion, including the recent acquisition of Lumen's Mass Markets fiber business which added over 1 million subscribers, is expected to significantly boost broadband customer numbers and related revenues.
- Sustained 5G Wireless Postpaid Subscriber Growth and Service Revenue: AT&T projects total wireless service revenue growth in the 2% to 3% range annually over the next three years. This growth is driven by a continued increase in consumer and business customer relationships, as evidenced by over 1.5 million postpaid phone net additions for the fifth consecutive year in 2025. The company's focus on retaining and acquiring high-value postpaid customers is a key factor in driving mobility service revenues.
- Enhanced Convergence of Fiber and Mobility Services: AT&T's strategy to bundle fiber broadband with its mobility services is a crucial driver for future revenue growth. This "convergence strategy" aims to improve customer retention, increase average revenue per user (ARPU), and strengthen market share. In 2025, the consumer convergence rate reached 42% of AT&T Fiber households also choosing AT&T for wireless, marking the fastest annual increase since tracking began. This integrated approach helps to create "stickier" customer relationships and drive higher lifetime value.
- Monetization of 5G Network Capabilities through Advanced Services and Network APIs: AT&T is focused on generating new revenue streams by leveraging its 5G network's advanced capabilities. This includes exposing network features through Application Programming Interfaces (APIs) to developers, enabling new business opportunities, particularly for enterprise customers. Examples include offering enhanced network experiences like prioritized traffic for specific applications (e.g., the "Turbo Plan") and developing solutions in areas such as Industrial IoT, private networks, and edge computing, which benefit from 5G's low latency, high reliability, and enhanced security. This strategy aims to move beyond basic connectivity and provide differentiated, high-value services.
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Share Repurchases
- AT&T repurchased approximately $4.3 billion in common shares during 2025.
- The company's board approved a new $10 billion share repurchase authorization to commence after the completion of the existing $10 billion program, which is expected by the end of 2026.
- AT&T expects to repurchase approximately $8 billion of common stock during 2026.
Share Issuance
- AT&T has seen a decline in shares outstanding over the last few years, with 7.179 billion shares outstanding in 2025, a 0.35% decline from 2024.
- Shares outstanding in 2024 were 7.204 billion, a 0.74% decline from 2023.
Outbound Investments
- AT&T spun off WarnerMedia in a $43 billion transaction to merge with Discovery Inc., forming Warner Bros. Discovery, with the deal closing in April 2022.
- The company sold its remaining 70% stake in DIRECTV to TPG Capital in July 2025.
- AT&T acquired substantially all of Lumen's Mass Markets fiber business for $5.75 billion, with the transaction closing in February 2026, and entered into an approximately $23 billion all-cash agreement for spectrum licenses from EchoStar, expected to close in the first half of 2026.
Capital Expenditures
- AT&T's capital expenditures were $20.8 billion in 2025 and $20.3 billion in 2024.
- The company expects annual capital investment to be in the range of $23 billion to $24 billion for 2026-2028.
- These investments are primarily focused on expanding its fiber and 5G wireless networks, including the deployment of C-band spectrum, to enhance connectivity across urban, suburban, and rural areas.
Latest Trefis Analyses
| Title | Date | |
|---|---|---|
| DASHBOARDS | ||
| Stress Testing T: Historical Drawdowns and Macro Risks | 03/14/2026 | |
| What Could Light a Fire Under AT&T Stock | 03/10/2026 | |
| How Does AT&T Stock Compare With Peers? | 02/28/2026 | |
| AT&T Stock Up 19% in One Month, Time To Buy The Stock? | 02/26/2026 | |
| Pay Less, Grow More: RCI Beats AT&T Stock | 02/10/2026 | |
| T Stock Surges 19% With A 7-day Winning Spree On Q4 Earnings Beat | 02/06/2026 | |
| T Stock Surges 18% With A 6-day Winning Spree On Strong Earnings & Buybacks | 02/05/2026 | |
| A Decade of Rewards: $85 Bil From AT&T Stock | 01/31/2026 | |
| AT&T Earnings Notes | 12/29/2026 | |
| ARTICLES | ||
| What Could Set AT&T Stock on Fire | 03/10/2026 | |
| Where Does AT&T Stock Rank Among Competitors? | 02/28/2026 | |
| AT&T Stock To $20? | 02/26/2026 | |
| Why RCI Could Outperform AT&T Stock | 02/10/2026 | |
| T Stock Surges 18% With A 6-day Winning Spree On Strong Earnings & Buybacks | 02/05/2026 |
Trade Ideas
Select ideas related to T.
| Date | Ticker | Company | Category | Trade Strategy | 6M Fwd Rtn | 12M Fwd Rtn | 12M Max DD |
|---|---|---|---|---|---|---|---|
| 02132026 | YELP | Yelp | Dip Buy | DB | CFO/Rev | Low D/EDip Buy with High Cash Flow MarginsBuying dips for companies with significant cash flows from operations and reasonable debt / market cap | 6.2% | 6.2% | -5.7% |
| 02132026 | TRIP | Tripadvisor | Dip Buy | DB | FCF Yield | Low D/EDip Buy with High Free Cash Flow YieldBuying dips for companies with significant free cash flow yield (FCF / Market Cap) and reasonable debt / market cap | 5.2% | 5.2% | 0.0% |
| 02062026 | OMC | Omnicom | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 22.1% | 22.1% | -3.7% |
| 02062026 | MGNI | Magnite | Dip Buy | DB | CFO/Rev | Low D/EDip Buy with High Cash Flow MarginsBuying dips for companies with significant cash flows from operations and reasonable debt / market cap | 20.6% | 20.6% | -0.8% |
| 01302026 | RBLX | Roblox | Dip Buy | DB | CFO/Rev | Low D/EDip Buy with High Cash Flow MarginsBuying dips for companies with significant cash flows from operations and reasonable debt / market cap | 4.4% | 4.4% | -7.9% |
| 11302021 | T | AT&T | Insider | Insider Buys | Low D/EStrong Insider BuyingCompanies with strong insider buying in the last 1 month, positive operating income and reasonable debt / market cap | 27.2% | 18.8% | -9.9% |
| 05312021 | T | AT&T | Insider | Insider Buys | Low D/EStrong Insider BuyingCompanies with strong insider buying in the last 1 month, positive operating income and reasonable debt / market cap | -15.7% | 2.4% | -21.8% |
Research & Analysis
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Wealth Management
Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 40.77 |
| Mkt Cap | 153.1 |
| Rev LTM | 106,008 |
| Op Inc LTM | 19,614 |
| FCF LTM | 17,331 |
| FCF 3Y Avg | 12,983 |
| CFO LTM | 30,796 |
| CFO 3Y Avg | 26,436 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 1.3% |
| Rev Chg 3Y Avg | 0.5% |
| Rev Chg Q | 1.6% |
| QoQ Delta Rev Chg LTM | 0.4% |
| Op Mgn LTM | 20.5% |
| Op Mgn 3Y Avg | 20.2% |
| QoQ Delta Op Mgn LTM | -1.4% |
| CFO/Rev LTM | 30.5% |
| CFO/Rev 3Y Avg | 27.5% |
| FCF/Rev LTM | 14.9% |
| FCF/Rev 3Y Avg | 12.4% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 153.1 |
| P/S | 1.2 |
| P/EBIT | 4.7 |
| P/E | 7.3 |
| P/CFO | 4.1 |
| Total Yield | 12.2% |
| Dividend Yield | 0.9% |
| FCF Yield 3Y Avg | 10.0% |
| D/E | 0.9 |
| Net D/E | 0.8 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | -4.5% |
| 3M Rtn | 13.0% |
| 6M Rtn | -2.4% |
| 12M Rtn | 1.6% |
| 3Y Rtn | 63.2% |
| 1M Excs Rtn | -2.5% |
| 3M Excs Rtn | 15.0% |
| 6M Excs Rtn | -5.6% |
| 12M Excs Rtn | -17.2% |
| 3Y Excs Rtn | -6.9% |
Comparison Analyses
Price Behavior
Price Behavior
| Market Price | $27.72 | |
| Market Cap ($ Bil) | 196.7 | |
| First Trading Date | 07/19/1984 | |
| Distance from 52W High | -4.3% | |
| 50 Days | 200 Days | |
| DMA Price | $26.25 | $26.43 |
| DMA Trend | indeterminate | up |
| Distance from DMA | 5.6% | 4.9% |
| 3M | 1YR | |
| Volatility | 25.9% | 22.5% |
| Downside Capture | -134.50 | -20.19 |
| Upside Capture | -73.00 | -7.62 |
| Correlation (SPY) | -27.6% | 6.9% |
T Betas & Captures as of 2/28/2026
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | -0.97 | -0.65 | -0.60 | -0.26 | 0.10 | 0.11 |
| Up Beta | -0.23 | 0.02 | -0.04 | 0.33 | 0.06 | 0.10 |
| Down Beta | 1.44 | 0.66 | 0.03 | 0.05 | 0.38 | 0.15 |
| Up Capture | -89% | -79% | -64% | -40% | -0% | 5% |
| Bmk +ve Days | 9 | 20 | 31 | 70 | 142 | 431 |
| Stock +ve Days | 12 | 22 | 29 | 60 | 133 | 400 |
| Down Capture | -329% | -244% | -156% | -73% | -16% | 1% |
| Bmk -ve Days | 12 | 21 | 30 | 54 | 109 | 320 |
| Stock -ve Days | 8 | 18 | 31 | 62 | 116 | 343 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with T | |
|---|---|---|---|---|
| T | 12.5% | 22.5% | 0.45 | - |
| Sector ETF (XLC) | 19.3% | 18.4% | 0.82 | 23.3% |
| Equity (SPY) | 19.6% | 18.9% | 0.81 | 6.2% |
| Gold (GLD) | 71.9% | 26.3% | 2.05 | -3.9% |
| Commodities (DBC) | 19.3% | 17.3% | 0.89 | -7.5% |
| Real Estate (VNQ) | 6.2% | 16.3% | 0.19 | 26.6% |
| Bitcoin (BTCUSD) | -15.3% | 44.2% | -0.25 | -16.5% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with T | |
|---|---|---|---|---|
| T | 10.5% | 23.8% | 0.39 | - |
| Sector ETF (XLC) | 10.6% | 20.7% | 0.42 | 27.9% |
| Equity (SPY) | 13.1% | 17.0% | 0.61 | 21.1% |
| Gold (GLD) | 24.1% | 17.3% | 1.14 | 3.7% |
| Commodities (DBC) | 11.2% | 19.0% | 0.47 | 6.3% |
| Real Estate (VNQ) | 4.8% | 18.8% | 0.16 | 33.2% |
| Bitcoin (BTCUSD) | 6.3% | 56.7% | 0.33 | 4.7% |
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Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with T | |
|---|---|---|---|---|
| T | 5.6% | 23.4% | 0.24 | - |
| Sector ETF (XLC) | 9.4% | 22.4% | 0.51 | 41.0% |
| Equity (SPY) | 14.5% | 17.9% | 0.70 | 42.0% |
| Gold (GLD) | 14.4% | 15.6% | 0.77 | 2.8% |
| Commodities (DBC) | 8.6% | 17.6% | 0.40 | 15.2% |
| Real Estate (VNQ) | 5.6% | 20.7% | 0.23 | 44.9% |
| Bitcoin (BTCUSD) | 67.4% | 66.8% | 1.07 | 7.1% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 1/28/2026 | 4.7% | 16.7% | 19.4% |
| 10/22/2025 | -1.9% | -1.3% | -3.0% |
| 7/23/2025 | 1.2% | -0.0% | 6.8% |
| 4/23/2025 | 0.9% | 1.3% | 1.9% |
| 1/27/2025 | 6.2% | 4.4% | 17.3% |
| 10/23/2024 | 4.6% | 3.2% | 6.2% |
| 7/24/2024 | 5.2% | 4.2% | 7.3% |
| 4/24/2024 | 1.9% | 2.4% | 6.1% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 16 | 14 | 12 |
| # Negative | 8 | 10 | 12 |
| Median Positive | 4.4% | 3.7% | 6.5% |
| Median Negative | -2.0% | -2.6% | -3.2% |
| Max Positive | 7.7% | 16.7% | 21.9% |
| Max Negative | -10.4% | -12.7% | -16.0% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 12/31/2025 | 02/09/2026 | 10-K |
| 09/30/2025 | 10/31/2025 | 10-Q |
| 06/30/2025 | 07/24/2025 | 10-Q |
| 03/31/2025 | 04/29/2025 | 10-Q |
| 12/31/2024 | 02/12/2025 | 10-K |
| 09/30/2024 | 10/29/2024 | 10-Q |
| 06/30/2024 | 07/25/2024 | 10-Q |
| 03/31/2024 | 05/02/2024 | 10-Q |
| 12/31/2023 | 02/23/2024 | 10-K |
| 09/30/2023 | 10/31/2023 | 10-Q |
| 06/30/2023 | 07/27/2023 | 10-Q |
| 03/31/2023 | 05/01/2023 | 10-Q |
| 12/31/2022 | 02/13/2023 | 10-K |
| 09/30/2022 | 11/03/2022 | 10-Q |
| 06/30/2022 | 08/04/2022 | 10-Q |
| 03/31/2022 | 05/03/2022 | 10-Q |
Insider Activity
Expand for More| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Sabrina, Sanders S | SVP-ChiefActngOfcr&Controller | Direct | Sell | 6032025 | 27.57 | 1,500 | 41,348 | 4,479,478 | Form |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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