AT&T stock hits 52-week high at 29.04 USD

AT&T stock has reached a notable milestone, hitting a 52-week high at 29.04 USD. This achievement reflects a significant upward trend in the company’s stock performance over the past year. Over the last 12 months, AT&T has experienced a remarkable 53.77% increase in its stock value, underscoring investor confidence and positive market sentiment. The telecom giant’s recent performance indicates robust growth and resilience in a competitive industry landscape, contributing to this new peak in its stock price. With annual revenue of $122.9 billion and a P/E ratio of 17.6, AT&T demonstrates strong fundamentals. Discover more insights and 8 additional ProTips with an InvestingPro subscription.

In other recent news, AT&T has announced a quarterly dividend of $0.2775 per share on its common stock, with payments scheduled for August 1, 2025. The company has also declared dividends on its preferred stock, with Series A and Series C receiving $312.50 and $296.875 per preferred share, respectively. Meanwhile, a U.S. judge has given preliminary approval to a $177 million settlement addressing data breach lawsuits against AT&T, which compromised the personal information of millions of customers. Additionally, AT&T’s CFO will discuss the company’s strategic growth plan at the upcoming Mizuho (NYSE:MFG) Technology Conference, focusing on network expansion and customer experience enhancement. The company aims to reach about 60 million fiber locations by 2030, bolstered by its acquisition of Lumen’s Mass Markets fiber internet business. AT&T is projecting capital investments between $4.5 billion and $5 billion for the second quarter of 2025, with an expected free cash flow of around $4 billion. Furthermore, AT&T has confirmed a $10 billion share repurchase authorization, planning to buy back at least $3 billion in common stock by the end of the year. Despite recent public criticism from President Donald Trump regarding service reliability, AT&T continues to focus on its core business and network expansion efforts.

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