AT&T (T) to Release Earnings on Monday

AT&T (NYSE:T - Get Free Report) is projected to release its earnings data before the market opens on Monday, January 27th. Analysts expect AT&T to post earnings of $0.48 per share and revenue of $31,938,646.81 billion for the quarter. Persons that wish to listen to the company's earnings conference call can do so using this link.

AT&T (NYSE:T - Get Free Report) last released its earnings results on Wednesday, October 23rd. The technology company reported $0.60 earnings per share for the quarter, beating analysts' consensus estimates of $0.57 by $0.03. AT&T had a net margin of 7.42% and a return on equity of 13.97%. The company had revenue of $30.20 billion for the quarter, compared to analysts' expectations of $30.50 billion. During the same quarter in the previous year, the company earned $0.64 EPS. AT&T's revenue for the quarter was down .5% on a year-over-year basis. On average, analysts expect AT&T to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

AT&T Price Performance

Shares of AT&T stock traded up $0.16 during trading hours on Friday, hitting $22.69. The company's stock had a trading volume of 44,375,574 shares, compared to its average volume of 26,358,924. The business has a 50 day moving average price of $22.80 and a two-hundred day moving average price of $21.44. AT&T has a 12-month low of $15.94 and a 12-month high of $24.03. The company has a market cap of $162.77 billion, a PE ratio of 18.44, a PEG ratio of 3.50 and a beta of 0.59. The company has a debt-to-equity ratio of 1.09, a quick ratio of 0.67 and a current ratio of 0.73.

AT&T Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, February 3rd. Shareholders of record on Friday, January 10th will be issued a $0.2775 dividend. The ex-dividend date of this dividend is Friday, January 10th. This represents a $1.11 dividend on an annualized basis and a yield of 4.89%. AT&T's dividend payout ratio is currently 90.24%.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on T shares. New Street Research upgraded shares of AT&T from a "neutral" rating to a "buy" rating in a report on Tuesday, December 3rd. Wells Fargo & Company decreased their price objective on AT&T from $25.00 to $24.00 and set an "overweight" rating on the stock in a research report on Thursday, October 24th. JPMorgan Chase & Co. lifted their target price on AT&T from $25.00 to $28.00 and gave the stock an "overweight" rating in a report on Wednesday, December 4th. Barclays increased their price target on AT&T from $24.00 to $27.00 and gave the company an "overweight" rating in a report on Wednesday, December 4th. Finally, The Goldman Sachs Group lifted their price objective on shares of AT&T from $25.00 to $28.00 and gave the stock a "buy" rating in a research note on Thursday, December 5th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating, fourteen have assigned a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $25.83.

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.