What is Zacks Research's Forecast for AT&T Q2 Earnings?

AT&T Inc. (NYSE:T - Free Report) - Investment analysts at Zacks Research cut their Q2 2025 earnings estimates for shares of AT&T in a research report issued on Wednesday, May 14th. Zacks Research analyst R. Department now forecasts that the technology company will post earnings per share of $0.52 for the quarter, down from their previous forecast of $0.53. 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 Q3 2025 earnings at $0.53 EPS, Q4 2025 earnings at $0.46 EPS, Q3 2026 earnings at $0.53 EPS, FY2026 earnings at $2.15 EPS, Q1 2027 earnings at $0.58 EPS and FY2027 earnings at $2.45 EPS.

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

Several other research firms also recently commented on T. TD Securities raised their target price on AT&T from $29.00 to $30.00 and gave the stock a "hold" rating in a research report on Thursday, April 24th. Morgan Stanley reissued an "overweight" rating and set a $31.00 price objective (up from $30.00) on shares of AT&T in a report on Thursday, April 24th. Tigress Financial boosted their target price on shares of AT&T from $32.00 to $34.00 and gave the company a "buy" rating in a research note on Tuesday, April 29th. Oppenheimer increased their target price on shares of AT&T from $27.00 to $32.00 and gave the stock an "outperform" rating in a research report on Tuesday, April 1st. Finally, Cowen restated a "hold" rating on shares of AT&T in a research report on Thursday, April 24th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating, eighteen have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $28.71.

AT&T Price Performance

NYSE T traded down $0.18 during trading on Friday, reaching $27.85. 10,456,317 shares of the company traded hands, compared to its average volume of 40,911,250. AT&T has a 1-year low of $17.11 and a 1-year high of $29.03. The company has a market cap of $200.36 billion, a price-to-earnings ratio of 18.69, a P/E/G ratio of 3.00 and a beta of 0.42. The stock's 50 day moving average price is $27.23 and its two-hundred day moving average price is $24.98. The company has a debt-to-equity ratio of 1.00, a quick ratio of 0.62 and a current ratio of 0.66.

Institutional Trading of AT&T

Institutional investors and hedge funds have recently modified their holdings of the stock. AllSquare Wealth Management LLC boosted its holdings in shares of AT&T by 7.1% in the first quarter. AllSquare Wealth Management LLC now owns 5,704 shares of the technology company's stock valued at $161,000 after buying an additional 378 shares during the period. Next Level Private LLC increased its stake in shares of AT&T by 0.3% during the 1st quarter. Next Level Private LLC now owns 113,379 shares of the technology company's stock worth $3,206,000 after purchasing an additional 379 shares during the last quarter. Barnes Wealth Management Group Inc raised its stake in AT&T by 2.6% in the first quarter. Barnes Wealth Management Group Inc now owns 15,027 shares of the technology company's stock valued at $425,000 after buying an additional 380 shares during the period. Carolinas Wealth Consulting LLC raised its stake in AT&T by 1.6% in the 4th quarter. Carolinas Wealth Consulting LLC now owns 24,161 shares of the technology company's stock valued at $550,000 after acquiring an additional 384 shares during the period. Finally, Kozak & Associates Inc. raised its position in shares of AT&T by 9.4% in the first quarter. Kozak & Associates Inc. now owns 4,617 shares of the technology company's stock valued at $126,000 after purchasing an additional 398 shares during the period. 57.10% of the stock is owned by institutional investors.

AT&T Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, May 1st. Stockholders of record on Thursday, April 10th were paid a $0.2775 dividend. This represents a $1.11 dividend on an annualized basis and a dividend yield of 3.99%. The ex-dividend date of this dividend was Thursday, April 10th. AT&T's dividend payout ratio (DPR) is currently 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.