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

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

Wall Street Analyst Weigh In

Several brokerages have issued reports on T. UBS Group reiterated a "buy" rating and issued a $31.00 price objective (up previously from $30.00) on shares of AT&T in a research report on Wednesday, June 18th. Evercore ISI boosted their price objective on AT&T from $25.00 to $27.00 and gave the stock an "in-line" rating in a research note on Thursday, April 24th. TD Securities boosted their price objective on AT&T from $29.00 to $30.00 and gave the stock a "hold" rating in a research note on Thursday, April 24th. Morgan Stanley restated an "overweight" rating and issued a $31.00 price objective (up previously from $30.00) on shares of AT&T in a research report on Thursday, April 24th. Finally, Williams Trading set a $30.00 price objective on shares of AT&T in a research report on Thursday, April 24th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating, eighteen have issued a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $29.10.

AT&T Trading Down 1.8%

Shares of T stock traded down $0.50 on Thursday, hitting $27.61. The stock had a trading volume of 25,030,281 shares, compared to its average volume of 36,440,534. AT&T has a twelve month low of $18.14 and a twelve month high of $29.19. The firm has a market cap of $198.63 billion, a P/E ratio of 16.94, a PEG ratio of 3.53 and a beta of 0.42. The company has a current ratio of 0.70, a quick ratio of 0.65 and a debt-to-equity ratio of 0.98. The company has a fifty day moving average price of $27.84 and a two-hundred day moving average price of $26.24.

AT&T (NYSE:T - Get Free Report) last announced its quarterly earnings results on Wednesday, April 23rd. The technology company reported $0.51 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.52 by ($0.01). AT&T had a net margin of 9.64% and a return on equity of 13.63%. The firm had revenue of $30.63 billion during the quarter, compared to analyst estimates of $30.39 billion. During the same period last year, the firm earned $0.55 EPS. AT&T's quarterly revenue was up 2.0% on a year-over-year basis. As a group, analysts forecast that AT&T will post 2.14 earnings per share for the current fiscal year.

AT&T Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, August 1st. Shareholders of record on Thursday, July 10th will be paid a $0.2775 dividend. This represents a $1.11 dividend on an annualized basis and a yield of 4.02%. The ex-dividend date is Thursday, July 10th. AT&T's payout ratio is currently 68.10%.

Institutional Inflows and Outflows

An institutional investor recently raised its position in AT&T stock. Brighton Jones LLC grew its stake in AT&T Inc. (NYSE:T - Free Report) by 26.5% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 48,579 shares of the technology company's stock after acquiring an additional 10,188 shares during the period. Brighton Jones LLC's holdings in AT&T were worth $1,106,000 at the end of the most recent quarter. 57.10% of the stock is owned by institutional investors.

About AT&T

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.