T Stock Recent News

CARNEY, Mich., March 28, 2025 (GLOBE NEWSWIRE) -- UP Fiber, Inc. today announced that it has entered into a definitive agreement to acquire AT&T's (NYSE:T) wireline assets located in the Upper Peninsula of Michigan.

U.S. telecommunications giant AT&T (T 2.01%) has lulled investors to sleep with its poor performance over most of the past decade. But the stock has enjoyed a face-ripping rally over the past year, surging nearly 60% at the time of this writing.

Uncertainty over the future of the U.S. economy has roiled the stock market, causing many stocks to sink. In this environment, telecom stocks present a potential reprieve.

AT&T is in talks to acquire Lumen Technologies' consumer fiber operations, Bloomberg News reported on Tuesday, according to people with knowledge of the matter.

AT&T Inc.'s T stock could offer "healthy double-digit annualized returns," driven by upside to Street estimates, according to Goldman Sachs.

The ‘Squawk on the Street' team discuss this utility stock.

AT&T (T) reachead $26.96 at the closing of the latest trading day, reflecting a -0.22% change compared to its last close.

AT&T's dividend yield has decreased to 4.1% due to strong share price performance, making Verizon more attractive for income-oriented investors with a 6% yield. AT&T's recent outperformance is driven by 5G and fiber investments, reduced leverage, and multiple expansion, but its valuation is now higher than historical levels. Despite limited revenue and EBITDA growth, AT&T's financial position is improving, allowing for potential capital returns and dividend stability, but not significant growth.

A friend of mine keeps posting every day about how much money she has lost in the stock market. I finally had to comment on her post: “Stop checking your account.

AT&T (T 0.97%) stock offers passive income investors a robust dividend yield and the chance for an increasing stock price.