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

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

Analyst Upgrades and Downgrades

T has been the topic of several recent analyst reports. Wall Street Zen upgraded shares of AT&T from a "hold" rating to a "buy" rating in a research report on Friday, April 25th. Citigroup reiterated a "buy" rating on shares of AT&T in a research report on Tuesday, June 17th. Scotiabank increased their price target on shares of AT&T from $29.50 to $30.00 and gave the company a "sector outperform" rating in a research report on Friday. Royal Bank Of Canada increased their price target on shares of AT&T from $28.00 to $30.00 and gave the company an "outperform" rating in a research report on Thursday, April 24th. Finally, Wells Fargo & Company increased their price target on shares of AT&T from $30.00 to $31.00 and gave the company an "overweight" rating in a research report on Thursday. One research analyst has rated the stock with a sell rating, six have given a hold rating, eighteen have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, AT&T presently has an average rating of "Moderate Buy" and an average target price of $29.12.

AT&T Stock Down 2.3%

T stock traded down $0.65 during midday trading on Friday, hitting $26.98. The company's stock had a trading volume of 23,976,540 shares, compared to its average volume of 38,238,672. The stock has a market capitalization of $194.10 billion, a P/E ratio of 16.55, a PEG ratio of 3.51 and a beta of 0.42. The company's fifty day moving average price is $27.84 and its 200 day moving average price is $26.27. AT&T has a twelve month low of $18.14 and a twelve month high of $29.19. The company has a debt-to-equity ratio of 0.98, a current ratio of 0.70 and a quick ratio of 0.65.

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

AT&T Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, August 1st. Shareholders of record on Thursday, July 10th will be issued a $0.2775 dividend. This represents a $1.11 dividend on an annualized basis and a yield of 4.11%. The ex-dividend date of this dividend is Thursday, July 10th. AT&T's dividend payout ratio is currently 68.10%.

Institutional Trading of AT&T

An institutional investor recently raised its position in AT&T stock. Brighton Jones LLC boosted its stake in AT&T Inc. (NYSE:T - Free Report) by 26.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 48,579 shares of the technology company's stock after purchasing 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 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.