Is AT&T Too Much Debt?

How much debt does ATT have?

According to the AT&T’s most recent financial statement as reported on May 6, 2020, total debt is at $164.27 billion, with $147.20 billion in long-term debt and $17.07 billion in current debt.

Adjusting for $9.96 billion in cash-equivalents, the company has a net debt of $154.31 billion..

Is AT&T going to cut their dividend?

The massive phone company, fresh off its breakup into four companies, slashed its quarterly dividend–for the first time in its 113-year history–by 83%, and warned fourth-quarter revenue and earnings will fall short of Wall Street’s estimates. … AT&T said it expects earnings to be 26 cents to 28 cents per share.

Why is AT&T dividend so high?

Additionally, AT&T is a Dividend Aristocrat due to the payout hikes that have occurred every year since 1985. This has contributed to a long-term trend of rising dividends and stagnant stock price growth. Consequently, the $2.08 per share annual dividend now yields approximately 7%.

Is AT&T in financial trouble?

DirecTv cost AT&T $49 billion in 2015 but has lost 2.5 million subscribers in the last year. Trouble is, neither a spin-off nor a sale to DISH Network (NASDAQ:DISH) would bring in anywhere near $49 billion….The Bottom Line.SymbolATTB34.SA AT&T Inc.Last Price156.20Change-2.42% Change-1.53%4 more columns•Sep 19, 2019

Why did my AT&T bill go up 2020?

Because our programming costs went up, we have to raise our monthly prices for select packages starting January 19, 2020. You’ll see the new pricing on your bill. Heads up: … Once your promotional period ends, you’ll pay the new price for your package.

Is AT&T a good long term investment?

AT&T trades at just nine times forward earnings. That valuation could rise as analysts cut their forecasts, but its high yield should also set a floor under the stock. Therefore, AT&T remains a fairly safe income investment for conservative investors.

How much money is AT&T worth?

AT&T net worth: AT&T is an American telecommunications company that has a net worth is $266 billion.

What is wrong with AT&T stock?

Shares of AT&T (NYSE:T) fell 5% on Tuesday after influential research analyst Craig Moffett downgraded the stock to a sell, warning that the telecom giant’s businesses are all under pressure and predicting that AT&T will struggle to hit the guidance it recently released.

What’s wrong with AT&T stock?

Despite its 7% dividend yield, AT&T stock has dropped close to 25% in 2020 as the company’s increasing debt has deterred many investors. Shares initially climbed following the latest earnings release but soon started retreating.