AT&T Inc. (NYSE:T - Free Report) - Analysts at Zacks Research lowered their Q3 2026 EPS estimates for shares of AT&T in a research note issued on Wednesday, October 16th. Zacks Research analyst R. Department now expects that the technology company will earn $0.60 per share for the quarter, down from their prior estimate of $0.61. The consensus estimate for AT&T's current full-year earnings is $2.22 per share.
AT&T (NYSE:T - Get Free Report) last posted its earnings results on Wednesday, July 24th. The technology company reported $0.57 earnings per share for the quarter, hitting the consensus estimate of $0.57. AT&T had a net margin of 10.41% and a return on equity of 14.16%. The business had revenue of $29.80 billion for the quarter, compared to analyst estimates of $30.05 billion. During the same quarter in the prior year, the firm earned $0.63 EPS. The firm's quarterly revenue was down .3% compared to the same quarter last year.
Several other equities research analysts have also weighed in on the stock. Hsbc Global Res raised shares of AT&T to a "strong-buy" rating in a report on Tuesday, October 1st. JPMorgan Chase & Co. increased their price objective on shares of AT&T from $21.00 to $24.00 and gave the stock an "overweight" rating in a report on Thursday, July 25th. Redburn Atlantic raised shares of AT&T to a "strong sell" rating in a report on Monday, September 16th. Scotiabank lowered shares of AT&T from a "strong-buy" rating to a "hold" rating in a report on Tuesday, August 6th. Finally, Tigress Financial increased their price objective on shares of AT&T from $29.00 to $30.00 and gave the stock a "buy" rating in a report on Friday, September 27th. One equities research analyst has rated the stock with a sell rating, nine have assigned a hold rating, ten have given a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat.com, AT&T presently has an average rating of "Moderate Buy" and a consensus target price of $22.69.
Get Our Latest Stock Analysis on T
T opened at $21.70 on Thursday. The firm's 50-day simple moving average is $20.86 and its 200-day simple moving average is $18.91. The company has a debt-to-equity ratio of 1.05, a quick ratio of 0.66 and a current ratio of 0.70. AT&T has a twelve month low of $14.28 and a twelve month high of $22.34. The firm has a market cap of $155.59 billion, a price-to-earnings ratio of 11.67, a PEG ratio of 3.62 and a beta of 0.60.
The company also recently declared a quarterly dividend, which will be paid on Friday, November 1st. Investors of record on Thursday, October 10th will be given a $0.2775 dividend. The ex-dividend date is Thursday, October 10th. This represents a $1.11 dividend on an annualized basis and a dividend yield of 5.12%. AT&T's dividend payout ratio is 59.68%.
A number of hedge funds have recently modified their holdings of T. Strategic Financial Concepts LLC raised its position in shares of AT&T by 227.6% in the 2nd quarter. Strategic Financial Concepts LLC now owns 131,813 shares of the technology company's stock valued at $25,000 after acquiring an additional 91,578 shares during the period. Riggs Asset Managment Co. Inc. raised its holdings in AT&T by 356.5% during the 2nd quarter. Riggs Asset Managment Co. Inc. now owns 1,429 shares of the technology company's stock worth $27,000 after buying an additional 1,116 shares during the period. American Capital Advisory LLC raised its holdings in AT&T by 107.5% during the 2nd quarter. American Capital Advisory LLC now owns 1,558 shares of the technology company's stock worth $30,000 after buying an additional 807 shares during the period. Altshuler Shaham Ltd acquired a new stake in AT&T during the 2nd quarter worth approximately $30,000. Finally, Loring Wolcott & Coolidge Fiduciary Advisors LLP MA raised its holdings in AT&T by 176.6% during the 2nd quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA now owns 1,867 shares of the technology company's stock worth $35,000 after buying an additional 1,192 shares during the period. 57.10% of the stock is currently owned by institutional investors and hedge funds.
AT&T Inc provides telecommunications and technology services worldwide. The company operates through two segments, Communications and Latin America. The Communications segment offers wireless voice and data communications services; and sells handsets, wireless data cards, wireless computing devices, carrying cases/protective covers, and wireless chargers through its own company-owned stores, agents, and third-party retail stores.
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