AT&T (T) to Release Earnings on Wednesday

AT&T (NYSE:T) is anticipated to announce its earnings results before the market opens on Wednesday, April 23rd. Analysts expect the company to announce earnings of $0.52 per share and revenue of $30.39 billion for the quarter. AT&T has set its FY 2025 guidance at 1.970-2.070 EPS.Individual that wish to register for the company’s earnings conference call can do so using this link.

AT&T (NYSE:T) last posted its quarterly earnings data on Monday, January 27th. The technology company reported $0.54 EPS for the quarter, topping the consensus estimate of $0.48 by $0.06. AT&T had a net margin of 8.95% and a return on equity of 13.97%. On average, analysts expect AT&T to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

AT&T Price Performance

T stock opened at $27.49 on Wednesday. The company has a debt-to-equity ratio of 1.00, a quick ratio of 0.62 and a current ratio of 0.66. The firm has a market capitalization of $197.35 billion, a price-to-earnings ratio of 18.45, a PEG ratio of 3.00 and a beta of 0.42. The firm has a 50 day moving average price of $26.71 and a 200-day moving average price of $24.05. AT&T has a 52-week low of $15.94 and a 52-week high of $29.03.

AT&T Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, May 1st. Shareholders of record on Thursday, April 10th will be issued a $0.2775 dividend. This represents a $1.11 annualized dividend and a yield of 4.04%. The ex-dividend date is Thursday, April 10th. AT&T’s dividend payout ratio (DPR) is 74.50%.

Analyst Ratings Changes

T has been the topic of a number of analyst reports. Citigroup reiterated a “buy” rating on shares of AT&T in a research note on Monday, April 7th. Tigress Financial raised their price target on shares of AT&T from $30.00 to $32.00 and gave the company a “buy” rating in a research report on Tuesday, February 4th. BNP Paribas raised AT&T from a “neutral” rating to an “outperform” rating and set a $28.50 price objective on the stock in a research report on Thursday, February 13th. Argus raised AT&T from a “hold” rating to a “buy” rating and set a $27.00 target price for the company in a report on Thursday, January 16th. Finally, DZ Bank raised AT&T from a “hold” rating to a “buy” rating and set a $27.00 price target on the stock in a report on Wednesday, January 29th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating, seventeen have given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, AT&T presently has a consensus rating of “Moderate Buy” and an average target price of $27.24.

Hedge Funds Weigh In On AT&T

An institutional investor recently raised its position in AT&T stock. Brighton Jones LLC increased its stake in shares of AT&T Inc. (NYSE:T) by 26.5% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 48,579 shares of the technology company’s stock after purchasing an additional 10,188 shares during the quarter. Brighton Jones LLC’s holdings in AT&T were worth $1,106,000 at the end of the most recent quarter. 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.