AT&T (NYSE:T) Issues FY 2025 Earnings Guidance

Key Points

• AT&T has updated its FY 2025 earnings guidance, projecting earnings per share between 1.970-2.070, slightly below the consensus estimate of 2.050.
• The company's stock experienced a decline of 2.3%, trading down to $28.91 as of Monday, with more than 40 million shares exchanged during the day.
• Recent ratings from analysts reveal a mix of optimism and caution, with brokerages maintaining a consensus rating of "Moderate Buy" and a target price averaging around $30.60.

AT&T (NYSE:T - Get Free Report) updated its FY 2025 earnings guidance on Monday. The company provided earnings per share guidance of 1.970-2.070 for the period, compared to the consensus earnings per share estimate of 2.050. The company issued revenue guidance of -.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on T. Raymond James Financial reiterated a "strong-buy" rating and issued a $31.00 price target (up from $30.00) on shares of AT&T in a research report on Thursday, July 24th. JPMorgan Chase & Co. increased their price target on shares of AT&T from $31.00 to $33.00 and gave the company an "overweight" rating in a research report on Thursday, July 24th. Morgan Stanley increased their price target on shares of AT&T from $31.00 to $32.00 and gave the company an "overweight" rating in a research report on Wednesday, July 16th. Citigroup reiterated a "buy" rating on shares of AT&T in a research report on Tuesday, August 26th. Finally, Hsbc Global Res cut AT&T from a "strong-buy" rating to a "hold" rating in a report on Thursday, July 24th. One research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, five have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, AT&T presently has an average rating of "Moderate Buy" and a consensus target price of $30.60.

AT&T Trading Down 2.3%

Shares of T traded down $0.69 during mid-day trading on Monday, reaching $28.91. 40,575,254 shares of the company were exchanged, compared to its average volume of 36,767,711. The business has a 50 day simple moving average of $28.23 and a two-hundred day simple moving average of $27.65. The company has a debt-to-equity ratio of 1.01, a quick ratio of 0.76 and a current ratio of 0.81. The stock has a market capitalization of $206.68 billion, a PE ratio of 16.42, a PEG ratio of 3.66 and a beta of 0.44. AT&T has a 52 week low of $20.92 and a 52 week high of $29.79.

AT&T (NYSE:T - Get Free Report) last posted its quarterly earnings data on Wednesday, July 23rd. The technology company reported $0.54 EPS for the quarter, topping analysts' consensus estimates of $0.53 by $0.01. The company had revenue of $30.85 billion for the quarter, compared to analyst estimates of $30.44 billion. AT&T had a return on equity of 13.36% and a net margin of 10.29%.The firm's quarterly revenue was up 3.4% on a year-over-year basis. During the same period in the previous year, the firm earned $0.51 earnings per share. On average, analysts predict that AT&T will post 2.14 earnings per share for the current fiscal year.

AT&T Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, August 1st. Investors of record on Thursday, July 10th were paid a $0.2775 dividend. This represents a $1.11 dividend on an annualized basis and a dividend yield of 3.8%. The ex-dividend date of this dividend was Thursday, July 10th. AT&T's payout ratio is currently 63.07%.

Hedge Funds Weigh In On AT&T

A number of hedge funds and other institutional investors have recently made changes to their positions in T. California State Teachers Retirement System increased its holdings in AT&T by 2.1% in the second quarter. California State Teachers Retirement System now owns 11,463,045 shares of the technology company's stock worth $331,741,000 after purchasing an additional 235,350 shares in the last quarter. Corient Private Wealth LLC increased its stake in shares of AT&T by 5.6% in the 2nd quarter. Corient Private Wealth LLC now owns 2,473,709 shares of the technology company's stock valued at $71,577,000 after acquiring an additional 131,555 shares in the last quarter. MML Investors Services LLC increased its stake in shares of AT&T by 40.6% in the 2nd quarter. MML Investors Services LLC now owns 1,740,318 shares of the technology company's stock valued at $50,365,000 after acquiring an additional 502,384 shares in the last quarter. Lighthouse Investment Partners LLC increased its stake in shares of AT&T by 304.8% in the 2nd quarter. Lighthouse Investment Partners LLC now owns 921,756 shares of the technology company's stock valued at $26,676,000 after acquiring an additional 694,055 shares in the last quarter. Finally, BI Asset Management Fondsmaeglerselskab A S increased its stake in shares of AT&T by 39.7% in the 2nd quarter. BI Asset Management Fondsmaeglerselskab A S now owns 737,158 shares of the technology company's stock valued at $21,333,000 after acquiring an additional 209,624 shares in the last quarter. 57.10% of the stock is owned by institutional investors and hedge funds.

AT&T Company Profile

AT&T, Inc is a holding company, which engages in the provision of telecommunications and technology services. It operates through the Communications and Latin America segments. The Communications segment offers wireless, wireline telecom, and broadband services to businesses and consumers located in the US and businesses globally.

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