Stock Update (NYSE:T): Muscogee Technology Park Certified As AT&T Fiber Ready

[PR Newswire] – COLUMBUS, Ga., Feb. 4, 2016 /PRNewswire/ — As part of AT&T’s continuing efforts to drive economic development and investment in Georgia, AT&T and the Development Authority of Columbus, Georgia, today announced that Muscogee Technology Park has been certified as being AT&T Fiber Ready. “AT&T is investing in high-speed Internet in urban and rural areas all across Georgia using the latest wired and wireless technologies, and we are proud to highlight Columbus as one of many places in Georgia where AT&T’s fiber infrastructure is in place and ready to help local businesses drive job creation,” said Terry Smith, AT&T Regional Director – External Affairs. Read more on this. AT&T, Inc. (T) , with a current market cap of $225.08B, started trading this morning at $36.73. Looking at today’s market, T one day range is $36.27 to $36.82 with the price of the stock fluctuating between $30.97 to $36.82 over the last 52 weeks. T shares are currently priced at 12.88x this year’s forecasted earnings, which makes them relatively inexpensive compared to the industry ’s 22.50x earnings multiple for the same period. And for passive income investors, the company pays shareholders $1.92 per share annually in dividends, yielding 5.32%. According to a consensus of 19 analysts, the earnings estimate of $0.69 per share would be $0.06 better than the year-ago quarter and a $0.03 sequential decrease. The full-year EPS estimate is $2.85, which would be a $0.14 better than last year. The quarterly earnings estimate is predicated on a consensus revenue forecast of $41.32 Billion. If reported, that would be a 26.83% increase over the year-ago quarter. Recently, DA Davidson Initiated T at Buy (Feb 4, 2016). Previously, Citigroup upgraded T from Neutral to Buy. With the above information in mind, readers should note that the average price target is $37.28, which is 1.50% above where the stock opened this morning. See more in (NYSE:T) Similar Articles: Stock Update (NYSE:T): AT&T Fiber Reaches Over 95,000 New Business Customer Locations In Florida Market Update (NYSE:T): Mt. Sterling Industrial Park Designated As AT&T Fiber Ready Market Update (NYSE:T): AT&T releases new details on its U-Verse GigaPower fiber network service in San Antonio
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