AT&T Inc. Expected to Earn FY2026 Earnings of $2.48 Per Share (NYSE:T)

AT&T Inc. (NYSE:T) – Zacks Research raised their FY2026 earnings per share (EPS) estimates for shares of AT&T in a research note issued on Tuesday, September 17th. Zacks Research analyst R. Department now anticipates that the technology company will post earnings of $2.48 per share for the year, up from their previous estimate of $2.47. The consensus estimate for AT&T’s current full-year earnings is $2.20 per share.

Other equities research analysts have also recently issued reports about the company. Moffett Nathanson lifted their price objective on AT&T from $17.00 to $18.00 and gave the stock a “neutral” rating in a research note on Thursday, August 15th. BNP Paribas raised AT&T from an “underperform” rating to a “neutral” rating in a research note on Tuesday, June 11th. Citigroup increased their price target on shares of AT&T from $21.00 to $24.00 and gave the company a “buy” rating in a research report on Wednesday, September 11th. Evercore ISI boosted their price objective on shares of AT&T from $18.00 to $19.00 and gave the company an “in-line” rating in a report on Thursday, July 25th. Finally, Deutsche Bank Aktiengesellschaft upped their target price on shares of AT&T from $24.00 to $26.00 and gave the company a “buy” rating in a research note on Friday, June 28th. One analyst has rated the stock with a sell rating, nine have assigned a hold rating and ten have given a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $22.31.

AT&T Price Performance

T opened at $21.54 on Friday. The company has a fifty day moving average price of $19.88 and a two-hundred day moving average price of $18.34. The firm has a market capitalization of $154.45 billion, a PE ratio of 11.58, a P/E/G ratio of 3.79 and a beta of 0.59. AT&T has a 52 week low of $14.12 and a 52 week high of $22.34. The company has a debt-to-equity ratio of 1.05, a quick ratio of 0.66 and a current ratio of 0.70.

AT&T (NYSE:T) last issued its quarterly earnings results on Wednesday, July 24th. The technology company reported $0.57 EPS for the quarter, hitting the consensus estimate of $0.57. AT&T had a net margin of 10.41% and a return on equity of 14.16%. The company had revenue of $29.80 billion during the quarter, compared to analysts’ expectations of $30.05 billion. During the same quarter in the previous year, the company earned $0.63 EPS. AT&T’s revenue was down .3% on a year-over-year basis.

AT&T Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, August 1st. Stockholders of record on Wednesday, July 10th were issued a $0.2775 dividend. The ex-dividend date of this dividend was Wednesday, July 10th. This represents a $1.11 dividend on an annualized basis and a dividend yield of 5.15%. AT&T’s dividend payout ratio (DPR) is 59.68%.

Institutional Investors Weigh In On AT&T

Several institutional investors have recently bought and sold shares of the company. Frank Rimerman Advisors LLC bought a new position in shares of AT&T in the 4th quarter valued at about $25,000. Pineridge Advisors LLC bought a new position in AT&T in the fourth quarter valued at approximately $25,000. Strategic Financial Concepts LLC increased its position in shares of AT&T by 227.6% during the 2nd quarter. Strategic Financial Concepts LLC now owns 131,813 shares of the technology company’s stock worth $25,000 after purchasing an additional 91,578 shares during the last quarter. Riggs Asset Managment Co. Inc. increased its position in shares of AT&T by 356.5% during the 2nd quarter. Riggs Asset Managment Co. Inc. now owns 1,429 shares of the technology company’s stock worth $27,000 after purchasing an additional 1,116 shares during the last quarter. Finally, American Capital Advisory LLC raised its stake in shares of AT&T by 107.5% during the 2nd quarter. American Capital Advisory LLC now owns 1,558 shares of the technology company’s stock worth $30,000 after purchasing an additional 807 shares in the last quarter. Institutional investors own 57.10% of the company’s stock.

AT&T Company Profile

AT&T Inc provides telecommunications and technology services worldwide. The company operates through two segments, Communications and Latin America. The Communications segment offers wireless voice and data communications services; and sells handsets, wireless data cards, wireless computing devices, carrying cases/protective covers, and wireless chargers through its own company-owned stores, agents, and third-party retail stores.