Seeking Alpha
24 Oct 2026, 09:30 UTC · 1h ago
AT&T Q3 Earnings Create An Absurdity: 5% Dividend Yield Meets 4x P/Cash Ratio
Impact · against what's priced in
The article provides no new fundamental catalysts for AT&T, as its claims regarding cash flow growth and shareholder returns are already baked into the current valuation. The identified 'absurdity' of the 4x P/cash flow ratio is a matter of multiple expansion, which the market is explicitly not paying for.
- T+0.00
Already priced in
- The price assumes
Sustained free cash flow margin near 15.5%, generating over $18 billion annually
The article's mention of 'long-term EPS and cash flow growth' and robust capital allocation aligns with the market's current assumption of a stable, cash-generative telecom business.
What T's price assumes · Aug 27
