Zacks Research Has Bearish Estimate for AT&T FY2025 Earnings

AT&T Inc. (NYSE:T - Free Report) - Zacks Research decreased their FY2025 earnings per share estimates for AT&T in a report released on Wednesday, May 14th. Zacks Research analyst R. Department now expects that the technology company will post earnings of $2.02 per share for the year, down from their prior estimate of $2.07. The consensus estimate for AT&T's current full-year earnings is $2.14 per share.

Other research analysts have also recently issued research reports about the stock. Morgan Stanley reiterated an "overweight" rating and set a $31.00 price objective (up previously from $30.00) on shares of AT&T in a research report on Thursday, April 24th. Wells Fargo & Company lifted their price target on shares of AT&T from $27.00 to $30.00 and gave the stock an "overweight" rating in a research note on Thursday, April 24th. StockNews.com raised shares of AT&T from a "hold" rating to a "buy" rating in a research report on Friday, April 25th. Cowen restated a "hold" rating on shares of AT&T in a research report on Thursday, April 24th. Finally, Williams Trading set a $30.00 target price on AT&T in a research note on Thursday, April 24th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating, eighteen have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $28.71.

AT&T Price Performance

Shares of AT&T stock opened at $27.72 on Monday. The firm has a market cap of $199.43 billion, a PE ratio of 18.60, a PEG ratio of 3.00 and a beta of 0.42. The stock has a 50 day moving average of $27.18 and a 200 day moving average of $24.94. The company has a current ratio of 0.66, a quick ratio of 0.62 and a debt-to-equity ratio of 1.00. AT&T has a 12 month low of $17.11 and a 12 month high of $29.03.

AT&T (NYSE:T - Get Free Report) last announced its quarterly earnings data on Wednesday, April 23rd. The technology company reported $0.51 EPS for the quarter, missing the consensus estimate of $0.52 by ($0.01). The firm had revenue of $30.63 billion for the quarter, compared to the consensus estimate of $30.39 billion. AT&T had a net margin of 8.95% and a return on equity of 13.97%. The firm's revenue for the quarter was up 2.0% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.55 earnings per share.

Institutional Investors Weigh In On AT&T

Several institutional investors have recently added to or reduced their stakes in the business. Stone House Investment Management LLC acquired a new stake in shares of AT&T in the first quarter worth $25,000. Hager Investment Management Services LLC grew its position in AT&T by 182.1% during the 1st quarter. Hager Investment Management Services LLC now owns 993 shares of the technology company's stock worth $28,000 after purchasing an additional 641 shares during the period. IMA Advisory Services Inc. purchased a new position in shares of AT&T during the 1st quarter valued at about $29,000. Core Alternative Capital lifted its holdings in shares of AT&T by 125.4% in the 1st quarter. Core Alternative Capital now owns 1,021 shares of the technology company's stock valued at $29,000 after buying an additional 568 shares during the period. Finally, Capital A Wealth Management LLC acquired a new position in shares of AT&T in the 4th quarter valued at about $25,000. Institutional investors and hedge funds own 57.10% of the company's stock.

AT&T Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, May 1st. Shareholders of record on Thursday, April 10th were paid a $0.2775 dividend. The ex-dividend date of this dividend was Thursday, April 10th. This represents a $1.11 annualized dividend and a yield of 4.00%. AT&T's dividend payout ratio (DPR) is 68.10%.

AT&T Company Profile

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.

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