Stock Update: AT&T Inc (NYSE:T) – Get Up To $650 In Credits Per Line To Help You Switch To AT&T

[PR Newswire] – DALLAS, Feb. 15, 2016 /PRNewswire/ — Beginning today, AT&T1 is offering you up to $650 in credits to help you switch your wireless service to us. “These offers are some of our best to date,” said Glenn Lurie, president and CEO, AT&T Mobility. “Our $650 credit is a great reward for new customers who switch to AT&T and our buy-one, get-one free is another great reward for our valued customers in the market for new smartphones. There has never been a better time for new and existing AT&T customers to rack up the savings. Read more on this. AT&T, Inc. (T) , valued at $224.84B, started trading this morning at $36.35. Looking at the stock, its one day range is $36.05 to $36.51 with its 52-week range being $30.97 to $37.12. T shares are currently priced at 12.80x this year’s forecasted earnings, which makes them relatively inexpensive compared to the industry ’s 23.84x forward p/e ratio. And for those looking to make a return holding the stock, the company pays shareholders $1.92 per share annually in dividends, yielding 5.26%. In a review of the consensus earnings estimate this quarter, 20 sell-side analysts are looking at $0.69 per share, which would be $0.06 better than the year-ago quarter and a $0.03 sequential decrease. In looking at the bigger picture, the full-year EPS estimate of $2.85 would be a $0.14 improvement when compared to the previous year’s annual results. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $41.33 Billion. If realized, that would be a 26.86% increase over the year-ago quarter. In terms of ratings, DA Davidson Initiated T at Buy (Feb 4, 2016). Previously, Citigroup upgraded T from Neutral to Buy. The average price target for T shares by the analysts covering it is $37.42, which is 2.94% above where the stock opened. See more in (NYSE:T) Similar Articles: Stock Update: AT&T Inc (NYSE:T) – If You Had Invested Right After AT&T’s IPO (T) Market Update: AT&T Inc (NYSE:T) – AT&T (T) Stock Rated ‘Buy’ at Nomura Stock Update (NYSE:T): AT&T To Offer Customers LG G Pad X™ 10.1 With DIRECTV App Included Starting September 4