FY2026 EPS Estimates for ATN International Boosted by Sidoti

Key Points

• Sidoti raised its FY2026 EPS forecast for ATN International to $1.05 from $0.78, and projected FY2028 EPS of $1.44.
• ATN reported quarterly EPS of $1.09, well above the $0.19 consensus estimate, but revenue of $183.24 million came in below expectations of $184.90 million.
• Analyst sentiment remains neutral: MarketBeat reports a consensus Hold rating. ATN also pays a quarterly dividend of $0.29 per share, equivalent to a 4.0% yield at the article’s cited share price.

ATN International, Inc. (NASDAQ:ATNI - Free Report) - Research analysts at Sidoti raised their FY2026 EPS estimates for ATN International in a report issued on Friday, November 6th. Sidoti analyst G. Burns now forecasts that the technology company will post earnings of $1.05 per share for the year, up from their previous estimate of $0.78. The consensus estimate for ATN International's current full-year earnings is $0.78 per share. Sidoti also issued estimates for ATN International's FY2028 earnings at $1.44 EPS.

Several other brokerages have also commented on ATNI. Zacks Research upgraded ATN International from a "strong sell" rating to a "hold" rating in a research report on Monday, August 10th. Wall Street Zen cut ATN International from a "strong-buy" rating to a "buy" rating in a report on Sunday, September 20th. Finally, Weiss Ratings upgraded ATN International from a "hold (c-)" rating to a "hold (c+)" rating in a research report on Friday, August 21st. Two equities research analysts have rated the stock with a Hold rating. Based on data from MarketBeat.com, ATN International currently has a consensus rating of "Hold".

ATN International Trading Up 2.5%

Shares of ATNI stock opened at $28.72 on Tuesday. The business has a 50-day moving average price of $27.90 and a two-hundred day moving average price of $27.09. ATN International has a 12-month low of $18.56 and a 12-month high of $33.41. The company has a quick ratio of 1.59, a current ratio of 1.63 and a debt-to-equity ratio of 0.68. The firm has a market cap of $442.29 million, a P/E ratio of 2.57, a price-to-earnings-growth ratio of 3.31 and a beta of 0.73.

ATN International (NASDAQ:ATNI - Get Free Report) last released its earnings results on Wednesday, November 4th. The technology company reported $1.09 EPS for the quarter, beating analysts' consensus estimates of $0.19 by $0.90. ATN International had a negative return on equity of 6.93% and a net margin of 24.50%. The business had revenue of $183.24 million for the quarter, compared to analysts' expectations of $184.90 million.

Institutional Investors Weigh In On ATN International

Institutional investors and hedge funds have recently modified their holdings of the stock. Empowered Funds LLC purchased a new stake in ATN International in the second quarter worth about $2,481,000. Bank of New York Mellon Corp bought a new stake in ATN International during the 2nd quarter valued at approximately $3,323,000. BlackRock Inc. purchased a new position in shares of ATN International during the 2nd quarter worth approximately $24,457,000. Connor Clark & Lunn Investment Management Ltd. purchased a new position in shares of ATN International during the 2nd quarter worth approximately $739,000. Finally, Bank of America Corp DE purchased a new position in shares of ATN International during the 2nd quarter worth approximately $678,000. 65.50% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, Director Patricia Jacobs sold 1,500 shares of the firm's stock in a transaction on Monday, August 31st. The stock was sold at an average price of $30.04, for a total value of $45,060.00. Following the completion of the sale, the director owned 19,958 shares of the company's stock, valued at $599,538.32. This trade represents a 6.99% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, major shareholder Cornelius Prior, Jr. sold 10,000 shares of the firm's stock in a transaction on Monday, August 24th. The stock was sold at an average price of $31.34, for a total value of $313,400.00. Following the completion of the sale, the insider directly owned 37,165 shares of the company's stock, valued at $1,164,751.10. The trade was a 21.20% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 37,638 shares of company stock valued at $1,187,263. 5.60% of the stock is owned by corporate insiders.

ATN International Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, October 9th. Investors of record on Saturday, October 3rd were issued a dividend of $0.29 per share. This represents a $1.16 dividend on an annualized basis and a dividend yield of 4.0%. The ex-dividend date was Friday, October 2nd. ATN International's dividend payout ratio is currently 10.37%.

ATN International Company Profile

ATN International, Inc is a telecommunications company that provides wireless, broadband, wireline, and related communications services. Through its operating businesses, the company offers mobile voice and data, internet access, fixed-line telephone service, video, enterprise connectivity, and managed network solutions.

ATN focuses on serving rural, remote, and underserved communities where communications infrastructure may be limited. Its operations have included wireless and broadband networks in the United States, as well as telecommunications businesses in international markets such as Bermuda and the Caribbean.

The company was founded in 1987 and was formerly known as Atlantic Tele-Network, Inc It adopted the name ATN International to reflect the broader scope of its telecommunications operations.

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