AT&T (NYSE:T) Stock Price Down 1.1% - Here's Why

Key Points

• Price action: AT&T shares fell about 1.1% to $28.65 on Friday, trading roughly 36.4M shares (about 21% below average), with a market cap near $200.6B and a P/E of ~9.4.
• Analyst view: The consensus is a "Moderate Buy" with an average price target of $29.93 (1 Strong Buy, 14 Buy, 7 Hold, 1 Sell among analysts).
• Fundamentals: AT&T beat quarterly estimates (EPS $0.52 vs. $0.46; revenue $33.47B vs. $32.91B), set FY2026 EPS guidance of 2.250–2.350, and pays a $1.11 annual dividend (yield ~3.9%).

AT&T Inc. (NYSE:T - Get Free Report) was down 1.1% on Friday . The stock traded as low as $28.33 and last traded at $28.65. Approximately 36,436,321 shares were traded during trading, a decline of 21% from the average daily volume of 46,207,316 shares. The stock had previously closed at $28.97.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on T shares. Arete Research set a $20.00 target price on AT&T in a report on Tuesday, January 6th. Royal Bank Of Canada reaffirmed an "outperform" rating and issued a $31.00 price objective on shares of AT&T in a research note on Thursday, February 12th. Sanford C. Bernstein dropped their price objective on shares of AT&T from $31.00 to $30.00 and set an "outperform" rating for the company in a report on Friday, January 16th. Citigroup reduced their target price on shares of AT&T from $32.00 to $29.00 and set a "buy" rating on the stock in a report on Monday, December 22nd. Finally, Wall Street Zen cut shares of AT&T from a "buy" rating to a "hold" rating in a research report on Saturday, November 8th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $29.93.

AT&T Stock Down 1.1%

The stock's 50-day moving average price is $25.96 and its 200-day moving average price is $26.37. The company has a current ratio of 0.91, a quick ratio of 0.86 and a debt-to-equity ratio of 1.00. The stock has a market cap of $200.57 billion, a price-to-earnings ratio of 9.39, a P/E/G ratio of 1.08 and a beta of 0.39.

AT&T (NYSE:T - Get Free Report) last posted its quarterly earnings data on Wednesday, January 28th. The technology company reported $0.52 earnings per share for the quarter, topping the consensus estimate of $0.46 by $0.06. The company had revenue of $33.47 billion during the quarter, compared to analysts' expectations of $32.91 billion. AT&T had a net margin of 17.47% and a return on equity of 12.33%. AT&T's revenue for the quarter was up 3.6% compared to the same quarter last year. During the same period in the prior year, the company posted $0.43 earnings per share. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. On average, sell-side analysts expect that AT&T Inc. will post 2.14 earnings per share for the current year.

AT&T Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, February 2nd. Stockholders of record on Monday, January 12th were paid a $0.2775 dividend. This represents a $1.11 dividend on an annualized basis and a dividend yield of 3.9%. The ex-dividend date of this dividend was Monday, January 12th. AT&T's payout ratio is currently 36.39%.

Institutional Investors Weigh In On AT&T

Several large investors have recently added to or reduced their stakes in the business. Front Row Advisors LLC bought a new stake in shares of AT&T in the 2nd quarter valued at $25,000. Mountain Hill Investment Partners Corp. grew its holdings in AT&T by 363.7% in the third quarter. Mountain Hill Investment Partners Corp. now owns 895 shares of the technology company's stock worth $25,000 after purchasing an additional 702 shares during the period. GGM Financials LLC bought a new stake in AT&T in the third quarter valued at $25,000. Rachor Investment Advisory Services LLC acquired a new position in shares of AT&T during the fourth quarter valued at about $25,000. Finally, Safe Harbor Fiduciary LLC acquired a new position in shares of AT&T during the fourth quarter valued at about $25,000. Institutional investors and hedge funds own 57.10% of the company's stock.

About AT&T

AT&T Inc is a global telecommunications company that provides a broad range of communications and digital entertainment services. Its core activities include consumer and business wireless services, broadband and fiber internet, and network infrastructure. The company operates branded wireless services through AT&T Mobility and deploys fixed-line and fiber networks to deliver high-speed internet and related home services.

AT&T's product and service portfolio spans mobile voice and data plans, smartphones and device sales, home internet (including fiber-to-the-home where available), and managed connectivity solutions for enterprise customers.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.