$T: AT&T Stock: A Comprehensive Guide

Executive Summary

AT&T ($T) is a telecommunications and media conglomerate that offers a wide range of services, including wireless, broadband, and entertainment. The company has a strong track record of innovation and has played a major role in the development of the telecommunications industry. However, AT&T has also faced challenges in recent years, including competition from new entrants and the changing media landscape. Despite these challenges, AT&T remains a major player in the telecommunications industry and is expected to continue to be a major force in the years to come.

Company Overview

AT&T was founded in 1885 as the American Telephone and Telegraph Company. The company initially provided long-distance telephone service, but it has since expanded into a wide range of other businesses. Today, AT&T is one of the world's largest telecommunications companies, with operations in more than 100 countries.

AT&T's core businesses include:

• Wireless: AT&T is the largest wireless carrier in the United States, with more than 100 million subscribers. The company offers a wide range of wireless services, including voice, data, and video.
• Broadband: AT&T is a major provider of broadband internet service, with more than 15 million subscribers. The company offers a variety of broadband services, including DSL, fiber, and satellite.
• Entertainment: AT&T is a major provider of entertainment content, including television, movies, and music. The company owns a number of media assets, including CNN, HBO, and Warner Bros.

Financial Performance

AT&T's financial performance has been strong in recent years. The company has consistently reported strong revenue and earnings growth. In 2021, AT&T reported revenue of $171.8 billion and earnings per share of $3.61.

AT&T's financial performance is expected to continue to be strong in the coming years. The company is well-positioned to benefit from the continued growth of the wireless and broadband markets. In addition, AT&T's entertainment business is expected to benefit from the growing demand for streaming content.

Investment Thesis

AT&T is a well-managed company with a strong track record of innovation. The company is well-positioned to benefit from the continued growth of the telecommunications industry. In addition, AT&T's entertainment business is expected to benefit from the growing demand for streaming content.

AT&T's stock is currently trading at around $26 per share. The stock is expected to appreciate in the coming years as AT&T continues to grow its business.

Risks

There are a number of risks associated with investing in AT&T. These risks include:

• Competition: AT&T faces competition from a number of new entrants, including T-Mobile, Sprint, and Dish. These new entrants are offering competitive prices and innovative services, which could put pressure on AT&T's margins.
• Changing media landscape: The media landscape is changing rapidly as consumers increasingly shift to streaming content. This could put pressure on AT&T's entertainment business, which is heavily reliant on traditional pay-TV services.
• Regulatory risk: AT&T is subject to a number of regulations, which could impact the company's operations and financial performance.

Conclusion

AT&T is a solid investment for investors who are seeking a well-managed company with a strong track record of innovation. The company is well-positioned to benefit from the continued growth of the telecommunications industry and the growing demand for streaming content. However, investors should be aware of the risks associated with investing in AT&T, including competition, the changing media landscape, and regulatory risk.

Additional Tables

Table 1: AT&T's Financial Performance

Table 2: AT&T's Wireless Subscribers

Table 3: AT&T's Broadband Subscribers

Table 4: AT&T's Entertainment Revenue

FAQs

Q: What is AT&T's stock symbol?
A: AT&T's stock symbol is $T.

Q: How many shares of AT&T stock are outstanding?
A: As of March 2022, there are approximately 7.1 billion shares of AT&T stock outstanding.

Q: What is AT&T's dividend yield?
A: As of March 2022, AT&T's dividend yield is 7.2%.

Q: What are the risks associated with investing in AT&T stock?
A: The risks associated with investing in AT&T stock include competition, the changing media landscape, and regulatory risk.

Q: Is AT&T stock a good investment?
A: AT&T stock is a solid investment for investors who are seeking a well-managed company with a strong track record of innovation. The company is well-positioned to benefit from the continued growth of the telecommunications industry and the growing demand for streaming content. However, investors should be aware of the risks associated with investing in AT&T, including competition, the changing media landscape, and regulatory risk.