S&P 500
7,373.20
-0.24%
Dow Jones
52,143.50
-0.09%
Nasdaq 100
29,420.60
-0.42%
Russell 2000
3,010.66
-0.17%
FTSE 100
10,545.00
+0.66%
Nikkei 225
71,058.80
-0.31%

Telecom & Wireless

AT&T Has The Most Disappointing Big Company Stock This Year

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Published
AT&T Has The Most Disappointing Big Company Stock This Year

© Spencer Platt / Getty Images News via Getty Images

AT&T Inc’s (NYSE: T | T Price Prediction) stock has posted the worst performance of any large-cap company this year. It is off by 27% in 2020, which is more than any stock among the 50 public corporations with the highest market capitalizations. Over the same period, the S&P 500 is higher by 7%.

The AT&T drop is staggering compared to the top five company’s based on market capitalization. Apple Inc’s (NASDAQ: AAPL) shares are higher by 89%. Microsoft Corp’s are up 58%. Amazon.com Inc.’s (NASDAQ: AMZN) is up 82%. Alphabet Inc (NASDAQ: GOOGL) shares are up by 29%. Facebook, Inc.’s (NASDAQ: FB) are higher by 53%.

Total operating revenue fell by 5% $42.3 billion in the most recent quarter, compared to the same quarter last year. EPS dropped 22% to $.39 for the same period. Long term debt is a massive $153 billion.

And, the stock continues to fall despite an impressive dividend yield of 7.48% on a payout of $2.08.

 

Follow 24/7 Wall St. on Google
Photo of Douglas A. McIntyre
About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

Continue Reading

What’s Missing in Dollar General’s Strong Quarter?
Paul Ausick |

What’s Missing in Dollar General’s Strong Quarter?

Discount retailer Dollar General reported third-quarter earnings that topped profit expectations and matched sales estimates.

Why Whole Foods Is Continuing to Underwhelm Investors
Chris Lange |

Why Whole Foods Is Continuing to Underwhelm Investors

Whole Foods Market, Inc. (NASDAQ: WFM) reported its fiscal first-quarter financial results after the markets closed on Wednesday. The company…

6 Companies That Destroyed Shareholders Last Week
Chris Lange |

6 Companies That Destroyed Shareholders Last Week

Last week, the Dow broke its six-day losing streak and S&P 500 hit a new record high. Despite all the…

Paul Ausick |

Sears Following J.C. Penney With Bigger Losses, Encouraging Words

Jim Henderson, via Wikimedia CommonsSears Holdings Corp. (NASDAQ: SHLD) reported third-quarter 2013 results before markets opened on Thursday. The company…

Why Kinder Morgan Earnings Are Beating Up the Stock
Paul Ausick |

Why Kinder Morgan Earnings Are Beating Up the Stock

Kinder Morgan Inc. (NYSE: KMI) reported first quarter 2016 results after markets closed Wednesday. The midstream giant posted earnings per…

6 Companies That Destroyed Shareholders Last Week
Chris Lange |

6 Companies That Destroyed Shareholders Last Week

Although the markets have made their comeback from a weak first quarter, some stocks are still slowing that recovery and…

Despite Late Year Drop, McClatchy Leads Newspaper Stock Performance
Douglas A. McIntyre |

Despite Late Year Drop, McClatchy Leads Newspaper Stock Performance

Despite a late year sell-off, it McClatchy led newspaper stocks in what was a 2016 of generally dismal performance.

Tesla Posts Huge Short Interest, 27% of Float
Paul Ausick |

Tesla Posts Huge Short Interest, 27% of Float

Short interest in Tesla stock rose less than 1% in the two-week period ended March 31, but nearly 27% of…

Douglas A. McIntyre |

Exxon May Pass Apple’s Market Cap Today

Wikimedia CommonsThe market capitalization of Exxon Mobil Corp. (NYSE: XOM) may pass that of Apple Inc. (NASDAQ: AAPL) today, or,…

Top Gaining Stocks

Bio-Techne
TECH • Vol: 51,749,238
Micron Technology
MU • Vol: 82,271,417
Applied Materials
AMAT • Vol: 16,479,660
Corning
GLW • Vol: 25,624,912
Teradyne
TER • Vol: 7,026,758

Top Losing Stocks

Coterra Energy
CTRA • Vol: 73,319,495
Apple
AAPL • Vol: 107,187,190
TJX Companies
TJX • Vol: 8,558,792
Ross Stores
ROST • Vol: 4,333,811
Dell Technologies
DELL • Vol: 11,162,534