Brokers Issue Forecasts for AT&T's FY2027 Earnings (NYSE:T)

Key Points

• Erste Group Bank slightly cut its FY2027 EPS estimate for AT&T to $2.55 from $2.56, while the Street consensus for the current full year is $2.31 per share.
• AT&T’s latest quarter beat expectations, reporting EPS of $0.57 versus $0.55 expected and revenue of $31.51 billion versus $31.29 billion expected; the company also reaffirmed FY2026 guidance of $2.25-$2.35 EPS.
• Analyst sentiment remains constructive, with AT&T carrying an average “Moderate Buy” rating and a consensus price target of $30.55, alongside a 4.4% annualized dividend yield.

AT&T Inc. (NYSE:T - Free Report) - Investment analysts at Erste Group Bank decreased their FY2027 EPS estimates for AT&T in a research note issued to investors on Tuesday, May 5th. Erste Group Bank analyst H. Engel now expects that the technology company will post earnings per share of $2.55 for the year, down from their previous estimate of $2.56. The consensus estimate for AT&T's current full-year earnings is $2.31 per share.

AT&T (NYSE:T - Get Free Report) last posted its quarterly earnings results on Wednesday, April 22nd. The technology company reported $0.57 earnings per share for the quarter, topping the consensus estimate of $0.55 by $0.02. The company had revenue of $31.51 billion for the quarter, compared to the consensus estimate of $31.29 billion. AT&T had a return on equity of 12.49% and a net margin of 16.94%.The firm's quarterly revenue was up 2.9% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.51 EPS. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS.

A number of other brokerages have also recently issued reports on T. Royal Bank Of Canada reiterated an "outperform" rating and issued a $31.00 price target on shares of AT&T in a research note on Thursday, February 12th. Wells Fargo & Company dropped their target price on shares of AT&T from $29.00 to $27.00 and set an "overweight" rating on the stock in a research note on Monday, January 26th. Oppenheimer increased their price target on shares of AT&T from $29.00 to $32.00 and gave the company an "outperform" rating in a report on Wednesday, March 11th. Citigroup raised their price target on shares of AT&T from $29.00 to $31.50 and gave the company a "buy" rating in a research report on Monday, March 23rd. Finally, Scotiabank decreased their price objective on shares of AT&T from $31.50 to $31.00 and set a "sector perform" rating for the company in a report on Thursday, April 23rd. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and seven have assigned a Hold rating to the stock. Based on data from MarketBeat.com, AT&T has an average rating of "Moderate Buy" and an average price target of $30.55.

AT&T Trading Down 0.1%

AT&T stock opened at $25.14 on Monday. AT&T has a 12 month low of $22.95 and a 12 month high of $29.79. The company has a market capitalization of $174.69 billion, a price-to-earnings ratio of 8.44, a price-to-earnings-growth ratio of 0.93 and a beta of 0.23. The business's fifty day simple moving average is $27.36 and its two-hundred day simple moving average is $26.04. The company has a current ratio of 0.92, a quick ratio of 0.87 and a debt-to-equity ratio of 1.05.

AT&T Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, May 1st. Shareholders of record on Friday, April 10th were given a $0.2775 dividend. The ex-dividend date of this dividend was Friday, April 10th. This represents a $1.11 dividend on an annualized basis and a yield of 4.4%. AT&T's payout ratio is 37.25%.

Institutional Trading of AT&T

A number of institutional investors have recently made changes to their positions in T. Mountain Hill Investment Partners Corp. lifted its position in AT&T by 363.7% during the third quarter. Mountain Hill Investment Partners Corp. now owns 895 shares of the technology company's stock valued at $25,000 after purchasing an additional 702 shares during the period. GGM Financials LLC bought a new stake in AT&T in the 3rd quarter worth approximately $25,000. Rachor Investment Advisory Services LLC purchased a new stake in AT&T during the 4th quarter valued at $25,000. Safe Harbor Fiduciary LLC purchased a new stake in AT&T during the 4th quarter valued at $25,000. Finally, Cresta Advisors Ltd. bought a new position in shares of AT&T during the 4th quarter valued at $26,000. Hedge funds and other institutional investors 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.

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