ADT Inc. (ADT)
| Market Cap | 5.99B |
| Revenue (ttm) | 5.26B |
| Net Income (ttm) | 673.40M |
| Shares Out | 855.63M |
| EPS (ttm) | 0.74 |
| PE Ratio | 9.44 |
| Forward PE | 11.40 |
| Dividend | $0.22 (3.14%) |
| Ex-Dividend Date | Jun 13, 2024 |
| Volume | 2,984,562 |
| Open | 6.96 |
| Previous Close | 6.98 |
| Day's Range | 6.96 - 7.03 |
| 52-Week Range | 5.53 - 7.60 |
| Beta | 1.56 |
| Analysts | Hold |
| Price Target | 8.33 (+19.0%) |
| Earnings Date | Apr 25, 2024 |
About ADT
ADT Inc. provides security, interactive, and smart home solutions to residential and small business customers in the United States. It operates through two segments, Consumer and Small Business, and Solar. The company provides burglar and life safety alarms, smart security cameras, smart home automation systems, and video surveillance systems. It primarily offers security designed to detect intrusion, control access, sense movement, smoke, fire, carbon monoxide, flooding, temperature, and other environmental conditions and hazards; and address ... [Read more]
Financial Performance
In 2023, ADT Inc.'s revenue was $4.98 billion, a decrease of -3.59% compared to the previous year's $5.17 billion. Earnings were $463.01 million, an increase of 249.01%.
Financial StatementsAnalyst Forecast
According to 4 analysts, the average rating for ADT stock is "Hold." The 12-month stock price forecast is $8.33, which is an increase of 19.00% from the latest price.
News
Exclusive: Johnson Controls weighs sale of ADT alarms unit, sources say
Johnson Controls International is considering the sale of its ADT alarms business as it offloads some non-core businesses, three people familiar with the matter told Reuters.
ADT Reports First Quarter 2024 Results
Strong 2024 momentum anchored by cash flow growth Solid CSB revenue growth, up 5% , and segment Adjusted EBITDA, up 8% Streamlined focus on innovation and growth in core consumer markets Returned capi...
ADT Names Jeff Likosar as Chief Financial Officer
BOCA RATON, Fla., April 24, 2024 (GLOBE NEWSWIRE) -- ADT Inc. (NYSE: ADT), the most trusted brand in smart home and small business security, announced today that Jeff Likosar has been named Chief Fina...
ADT To Release First Quarter 2024 Results On Thursday, April 25, 2024
BOCA RATON, Fla., April 11, 2024 (GLOBE NEWSWIRE) -- ADT Inc. (NYSE: ADT) will release its first quarter 2024 financial results before the market opens on Thursday, April 25, 2024. Following the relea...
SHAREHOLDER ALERT: Purcell & Lefkowitz LLP Announces Shareholder Investigation of ADT Inc. (NYSE: ADT)
NEW YORK , April 1, 2024 /PRNewswire/ -- Purcell & Lefkowitz LLP announces that it is investigating ADT Inc. (NYSE: ADT) on behalf of the company's shareholders. The investigation seeks to determine ...
ADT Announces Pricing of Secondary Public Offering of Common Stock and Concurrent Share Repurchase
BOCA RATON, Fla., March 06, 2024 (GLOBE NEWSWIRE) -- ADT Inc. (NYSE: ADT) (“ADT” or the “Company”) today announced the pricing of a secondary public offering of 65,000,000 shares of the Company's comm...
ADT Announces Launch of Secondary Public Offering of Common Stock and Concurrent Share Repurchase
BOCA RATON, Fla., March 06, 2024 (GLOBE NEWSWIRE) -- ADT Inc. (NYSE: ADT) (“ADT” or the “Company”) today announced the commencement of a proposed secondary public offering of 55,000,000 shares of the ...
ADT Reports Fourth Quarter and Full Year 2023 Results
Streamlined focus on innovation and growth in core consumer markets Fortified balance sheet with $2.1 billion of debt reduction in 2023 Continued record recurring monthly revenue and strong retention ...
Manifest MedEx Launches the California ADT Network, a Free Acute and Post-Acute Event Notification Exchange for California
EMERYVILLE, Calif.--(BUSINESS WIRE)--Manifest MedEx launches the California ADT Network, a free acute and post-acute event notification exchange for California.
ADT Provides Solar Business Update and Advances Capital Allocation Strategy
Exits Residential Solar Business Increases Quarterly Dividend by 57% and Authorizes $350 Million Share Repurchase Program Continues to Strengthen Balance Sheet Schedules Fourth Quarter and Full Year 2...
ADT Announces Departure of Ken Porpora, Chief Financial Officer
BOCA RATON, Fla., Dec. 20, 2023 (GLOBE NEWSWIRE) -- ADT Inc. (NYSE: ADT), the most trusted brand in smart home and small business security, today announced that Ken Porpora, Executive Vice President a...
ADT to Participate in Fireside Chat at SHARE Series Event on Friday, Dec. 8
BOCA RATON, Fla., Dec. 05, 2023 (GLOBE NEWSWIRE) -- ADT Inc. (NYSE: ADT), the most trusted brand in smart home and small business security, today announced Jim DeVries, ADT Chairman, President and Chi...
ADT Reports Third Quarter 2023 Results
Significant balance sheet improvement driven by divestiture of commercial business Record high CSB recurring monthly revenue balance driven by strong retention Improved capital efficiency with record ...
ADT To Release Third Quarter 2023 Results On Thursday, Nov. 2, 2023
BOCA RATON, Fla., Oct. 19, 2023 (GLOBE NEWSWIRE) -- ADT Inc. (NYSE: ADT) will release its third quarter 2023 financial results before the market opens on Thursday, Nov. 2, 2023. Following the release,...
GTCR Completes Acquisition of ADT's Commercial Fire and Security Segment
Standalone organization to rebrand as Everon CHICAGO , Oct. 2, 2023 /PRNewswire/ -- GTCR, a leading private equity firm, announced today that it has closed the acquisition of ADT's commercial security...
ADT Completes Sale of Commercial Business
BOCA RATON, Fla., Oct. 02, 2023 (GLOBE NEWSWIRE) -- ADT Inc. (NYSE: ADT), the most trusted brand in smart home and small business security, today completed the previously announced divestiture of its ...
ADT CEO on selling the commercial business, residential security customers, and Google partnership
ADT President and CEO Jim DeVries spoke with Yahoo Finance Executive Editor Brian Sozzi at the Goldman Sachs Communacopia & Technology Conference about the outlook for the company's growth, selling of...
ADT to Participate in Goldman Sachs 2023 Communacopia + Technology Conference on Thursday, Sept. 7
BOCA RATON, Fla., Aug. 31, 2023 (GLOBE NEWSWIRE) -- ADT Inc. (NYSE: ADT), the most trusted brand in smart home and small business security, today announced Jim DeVries, ADT President and Chief Executi...
Unionized ADT Security Workers Take Action for a First Contract
CALGARY, Alberta--(BUSINESS WIRE)-- #ablab--Over 200 unionized ADT Security by Telus workers, from USW Local 1944, are demanding a fair first contract by holding two public awareness actions.
INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against ADT Inc. and Encourages Investors with Losses to Contact the Firm
LOS ANGELES, CA / ACCESSWIRE / August 25, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of ADT Inc. ("ADT"...
GTCR Partners with Former GTCR Executives to Acquire ADT's Commercial Fire and Security Segment
Firm partners with Dan Bresingham, Tim Whall and other ADT Commercial leadership to acquire national provider of electronic security and fire safety services CHICAGO , Aug. 8, 2023 /PRNewswire/ -- GTC...
Security firm ADT's commercial unit to be taken private by GTCR for $1.6 bln
Home and small business security firm ADT said on Tuesday it will sell its commercial security, fire and life safety unit to private equity firm GTCR for $1.6 billion.
ADT stock rises in premarket on sale of commercial unit to GTCR
ADT Inc. ADT, -2.84% stock was up 3.3% in premarket trades on Tuesday after said it agreed to sell its commercial security, fire and life safety business unit to private equity firm GTCR for $1.6 bill...
ADT Reports Second Quarter 2023 Results
Record high recurring monthly revenue balance and maintained record high customer retention Improved capital efficiency with record revenue payback of 1.9 years Positive net income with strong Adjuste...