Deutsche Telekom AG to Post FY2022 Earnings of $1.35 Per Share, Jefferies Financial Group Forecasts (OTCMKTS:DTEGY)

Deutsche Telekom AG (OTCMKTS:DTEGYGet Rating) – Equities research analysts at Jefferies Financial Group lowered their FY2022 earnings per share (EPS) estimates for Deutsche Telekom in a research note issued to investors on Monday, April 25th. Jefferies Financial Group analyst U. Rathe now anticipates that the utilities provider will post earnings of $1.35 per share for the year, down from their prior forecast of $1.37. Jefferies Financial Group also issued estimates for Deutsche Telekom’s FY2023 earnings at $1.53 EPS and FY2024 earnings at $1.88 EPS.

Deutsche Telekom (OTCMKTS:DTEGYGet Rating) last released its earnings results on Thursday, February 24th. The utilities provider reported $0.29 earnings per share (EPS) for the quarter. The company had revenue of $33.09 billion during the quarter. Deutsche Telekom had a return on equity of 7.41% and a net margin of 3.87%.

DTEGY has been the subject of several other reports. The Goldman Sachs Group lowered Deutsche Telekom from a “conviction-buy” rating to a “buy” rating in a report on Tuesday, January 18th. Zacks Investment Research lowered Deutsche Telekom from a “hold” rating to a “strong sell” rating in a report on Tuesday, March 1st. Deutsche Bank Aktiengesellschaft raised their price target on Deutsche Telekom from €26.00 ($27.96) to €26.50 ($28.49) in a report on Wednesday, April 6th. Finally, Morgan Stanley initiated coverage on Deutsche Telekom in a research report on Friday, April 8th. They issued an “overweight” rating on the stock. One equities research analyst has rated the stock with a sell rating and eight have assigned a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus price target of $22.44.

DTEGY stock opened at $18.49 on Thursday. The firm has a market cap of $88.04 billion, a PE ratio of 17.61, a P/E/G ratio of 1.20 and a beta of 0.62. The company has a quick ratio of 0.93, a current ratio of 1.00 and a debt-to-equity ratio of 1.22. The business has a 50 day moving average of $18.41 and a 200-day moving average of $18.64. Deutsche Telekom has a 12-month low of $16.32 and a 12-month high of $22.23.

The business also recently disclosed a dividend, which was paid on Tuesday, April 19th. Stockholders of record on Monday, April 11th were issued a $0.6704 dividend. The ex-dividend date was Friday, April 8th. This represents a dividend yield of 3.5%. Deutsche Telekom’s dividend payout ratio is currently 62.86%.

About Deutsche Telekom (Get Rating)

Deutsche Telekom AG, together with its subsidiaries, provides integrated telecommunication services. The company operates through five segments: Germany, United States, Europe, Systems Solutions, and Group Development. It offers fixed-network services, including voice and data communication services based on fixed-network and broadband technology; and sells terminal equipment and other hardware products, as well as services to resellers.

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Earnings History and Estimates for Deutsche Telekom (OTCMKTS:DTEGY)

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