AT&T (NYSE:T) Updates FY 2025 Earnings Guidance

AT&T (NYSE:T) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 1.970-2.070 for the period, compared to the consensus estimate of 2.080. The company issued revenue guidance of -.

Analysts Set New Price Targets

Several analysts have issued reports on T shares. Sanford C. Bernstein raised their price objective on shares of AT&T from $28.00 to $29.00 and gave the stock an “outperform” rating in a research note on Tuesday, January 28th. Morgan Stanley reiterated an “overweight” rating and issued a $31.00 price target (up from $30.00) on shares of AT&T in a report on Thursday, April 24th. TD Securities raised their price target on AT&T from $29.00 to $30.00 and gave the stock a “hold” rating in a research note on Thursday, April 24th. Barclays upped their price objective on AT&T from $27.00 to $30.00 and gave the company an “overweight” rating in a research report on Friday, April 25th. Finally, Wells Fargo & Company increased their target price on AT&T from $27.00 to $30.00 and gave the stock an “overweight” rating in a research note on Thursday, April 24th. One 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 company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $28.71.

AT&T Stock Down 0.9%

Shares of AT&T stock opened at $27.22 on Friday. AT&T has a 52-week low of $17.11 and a 52-week high of $29.03. The firm’s 50 day moving average price is $27.29 and its 200-day moving average price is $25.05. The company has a quick ratio of 0.62, a current ratio of 0.66 and a debt-to-equity ratio of 1.00. The company has a market cap of $195.86 billion, a P/E ratio of 18.27, a PEG ratio of 3.00 and a beta of 0.42.

AT&T (NYSE:T) last issued its quarterly earnings results on Wednesday, April 23rd. The technology company reported $0.51 earnings per share (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 analyst estimates of $30.39 billion. During the same period in the previous year, the company posted $0.55 earnings per share. The business’s revenue for the quarter was up 2.0% on a year-over-year basis. On average, sell-side analysts predict that AT&T will post 2.14 EPS for the current fiscal year.

AT&T Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, May 1st. Stockholders of record on Thursday, April 10th were issued a dividend of $0.2775 per share. The ex-dividend date was Thursday, April 10th. This represents a $1.11 annualized dividend and a dividend yield of 4.08%. AT&T’s dividend payout ratio (DPR) is currently 68.10%.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in AT&T stock. Brighton Jones LLC lifted its holdings in AT&T Inc. (NYSE:T) by 26.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 48,579 shares of the technology company’s stock after acquiring an additional 10,188 shares during the quarter. Brighton Jones LLC’s holdings in AT&T were worth $1,106,000 as of its most recent SEC filing. 57.10% of the stock is owned by institutional investors.

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.