What is Zacks Research’s Forecast for AT&T FY2027 Earnings?

AT&T Inc. (NYSE:T) – Equities research analysts at Zacks Research upped their FY2027 earnings per share (EPS) estimates for shares of AT&T in a report released on Wednesday, September 24th. Zacks Research analyst Team now expects that the technology company will post earnings of $2.46 per share for the year, up from their prior forecast of $2.45. The consensus estimate for AT&T’s current full-year earnings is $2.14 per share.

A number of other equities research analysts have also recently issued reports on the company. Wells Fargo & Company boosted their price objective on AT&T from $30.00 to $31.00 and gave the company an “overweight” rating in a research note on Thursday, July 10th. Hsbc Global Res cut AT&T from a “strong-buy” rating to a “hold” rating in a research note on Thursday, July 24th. Raymond James Financial restated a “strong-buy” rating and issued a $33.00 price objective (up from $31.00) on shares of AT&T in a research note on Thursday, September 18th. Morgan Stanley boosted their price objective on AT&T from $31.00 to $32.00 and gave the company an “overweight” rating in a research note on Wednesday, July 16th. Finally, HSBC cut AT&T from a “buy” rating to a “hold” rating and set a $30.00 price objective on the stock. in a research note on Thursday, July 24th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat, AT&T presently has a consensus rating of “Moderate Buy” and a consensus target price of $30.74.

AT&T Trading Down 0.0%

NYSE T opened at $28.31 on Thursday. The stock has a market capitalization of $202.42 billion, a price-to-earnings ratio of 16.08, a PEG ratio of 3.63 and a beta of 0.44. AT&T has a one year low of $21.05 and a one year high of $29.79. The company has a debt-to-equity ratio of 1.01, a current ratio of 0.81 and a quick ratio of 0.76. The business’s fifty day moving average is $28.58 and its 200-day moving average is $27.86.

AT&T (NYSE:T) last released its earnings results on Wednesday, July 23rd. The technology company reported $0.54 EPS for the quarter, topping analysts’ consensus estimates of $0.53 by $0.01. The company had revenue of $30.85 billion for the quarter, compared to analysts’ expectations of $30.44 billion. AT&T had a return on equity of 13.36% and a net margin of 10.29%.The business’s revenue for the quarter was up 3.4% compared to the same quarter last year. During the same period in the previous year, the business posted $0.51 EPS.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. Front Row Advisors LLC purchased a new position in AT&T during the 2nd quarter valued at about $25,000. Stone House Investment Management LLC purchased a new position in AT&T during the 1st quarter valued at about $25,000. O Brien Wealth Partners LLC purchased a new position in AT&T during the 2nd quarter valued at about $26,000. Solstein Capital LLC grew its holdings in AT&T by 217.3% during the 2nd quarter. Solstein Capital LLC now owns 952 shares of the technology company’s stock valued at $28,000 after buying an additional 652 shares in the last quarter. Finally, Kennebec Savings Bank grew its holdings in shares of AT&T by 412.1% during the second quarter. Kennebec Savings Bank now owns 973 shares of the technology company’s stock worth $28,000 after purchasing an additional 783 shares in the last quarter. Hedge funds and other institutional investors own 57.10% of the company’s stock.

AT&T Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, November 3rd. Shareholders of record on Friday, October 10th will be issued a dividend of $0.2775 per share. This represents a $1.11 dividend on an annualized basis and a yield of 3.9%. AT&T’s payout ratio is presently 63.07%.

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.