Zacks Research Has Bullish Forecast for AT&T Q3 Earnings

AT&T Inc. (NYSE:T - Free Report) - Zacks Research boosted their Q3 2025 earnings per share (EPS) estimates for AT&T in a report released on Monday, March 3rd. Zacks Research analyst R. Department now forecasts that the technology company will earn $0.52 per share for the quarter, up from their previous forecast of $0.51. The consensus estimate for AT&T's current full-year earnings is $2.14 per share. Zacks Research also issued estimates for AT&T's FY2025 earnings at $2.07 EPS and Q1 2026 earnings at $0.55 EPS.

AT&T (NYSE:T - Get Free Report) last released its quarterly earnings data on Monday, January 27th. The technology company reported $0.54 EPS for the quarter, topping the consensus estimate of $0.48 by $0.06. AT&T had a net margin of 8.95% and a return on equity of 13.97%.

A number of other analysts have also commented on T. Sanford C. Bernstein increased their price objective on AT&T from $28.00 to $29.00 and gave the company an "outperform" rating in a research note on Tuesday, January 28th. Scotiabank raised their price target on shares of AT&T from $26.00 to $28.50 and gave the stock a "sector outperform" rating in a research note on Monday, March 3rd. Morgan Stanley raised shares of AT&T from an "equal weight" rating to an "overweight" rating and boosted their price objective for the company from $19.00 to $28.00 in a research report on Monday, December 16th. DZ Bank raised shares of AT&T from a "hold" rating to a "buy" rating and set a $27.00 price objective on the stock in a research note on Wednesday, January 29th. Finally, Barclays lifted their target price on shares of AT&T from $24.00 to $27.00 and gave the stock an "overweight" rating in a research note on Wednesday, December 4th. One investment analyst has rated the stock with a sell rating, five have given a hold rating, seventeen have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $26.74.

AT&T Price Performance

NYSE:T traded up $0.42 during trading hours on Thursday, reaching $27.15. 35,337,449 shares of the company traded hands, compared to its average volume of 40,747,570. The company has a debt-to-equity ratio of 1.00, a current ratio of 0.66 and a quick ratio of 0.62. The firm's 50-day moving average is $24.30 and its 200-day moving average is $22.82. The stock has a market cap of $194.85 billion, a P/E ratio of 18.22, a P/E/G ratio of 3.00 and a beta of 0.56. AT&T has a 1-year low of $15.94 and a 1-year high of $27.97.

Institutional Investors Weigh In On AT&T

Institutional investors have recently modified their holdings of the stock. Vanguard Group Inc. lifted its position in shares of AT&T by 1.0% in the 4th quarter. Vanguard Group Inc. now owns 642,859,644 shares of the technology company's stock worth $14,637,914,000 after buying an additional 6,220,442 shares during the last quarter. Geode Capital Management LLC raised its stake in AT&T by 1.6% during the fourth quarter. Geode Capital Management LLC now owns 163,761,301 shares of the technology company's stock worth $3,719,723,000 after acquiring an additional 2,640,644 shares during the period. GQG Partners LLC lifted its holdings in AT&T by 37.3% in the fourth quarter. GQG Partners LLC now owns 96,779,385 shares of the technology company's stock worth $2,203,667,000 after acquiring an additional 26,280,866 shares during the last quarter. Bank of New York Mellon Corp lifted its holdings in AT&T by 7.1% in the fourth quarter. Bank of New York Mellon Corp now owns 85,592,594 shares of the technology company's stock worth $1,948,943,000 after acquiring an additional 5,649,277 shares during the last quarter. Finally, Norges Bank acquired a new position in AT&T in the fourth quarter valued at approximately $1,858,418,000. Institutional investors and hedge funds own 57.10% of the company's stock.

AT&T Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, February 3rd. Investors of record on Friday, January 10th were paid a $0.2775 dividend. The ex-dividend date of this dividend was Friday, January 10th. This represents a $1.11 dividend on an annualized basis and a dividend yield of 4.09%. AT&T's dividend payout ratio (DPR) is presently 74.50%.

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.