Q2 Earnings Estimate for AT&T Issued By KeyCorp (NYSE:T)

AT&T Inc. (NYSE:T) – Equities researchers at KeyCorp increased their Q2 2026 EPS estimates for AT&T in a report issued on Sunday, July 5th. KeyCorp analyst B. Nispel now expects that the technology company will post earnings of $0.62 per share for the quarter, up from their prior estimate of $0.61. KeyCorp currently has a “Overweight” rating and a $36.00 price objective on the stock. The consensus estimate for AT&T’s current full-year earnings is $2.32 per share. KeyCorp also issued estimates for AT&T’s Q3 2026 earnings at $0.63 EPS, Q4 2026 earnings at $0.56 EPS, FY2026 earnings at $2.37 EPS, Q2 2027 earnings at $0.67 EPS, Q3 2027 earnings at $0.72 EPS, Q4 2027 earnings at $0.65 EPS and FY2027 earnings at $2.66 EPS.

Other research analysts have also issued reports about the stock. Wells Fargo & Company assumed coverage on shares of AT&T in a report on Wednesday, July 8th. They issued an “underweight” rating and a $18.00 price objective for the company. BNP Paribas Exane reduced their price target on shares of AT&T from $28.00 to $26.00 and set a “neutral” rating on the stock in a research report on Thursday, April 23rd. Barclays reduced their price target on shares of AT&T from $26.00 to $24.00 and set an “equal weight” rating on the stock in a research report on Wednesday, July 8th. Royal Bank Of Canada restated an “outperform” rating and issued a $31.00 price objective on shares of AT&T in a report on Wednesday, May 20th. Finally, Wall Street Zen upgraded shares of AT&T from a “sell” rating to a “hold” rating in a report on Saturday, June 20th. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, AT&T presently has a consensus rating of “Moderate Buy” and a consensus target price of $29.34.

AT&T Stock Performance

Shares of T stock opened at $21.99 on Wednesday. The firm has a market capitalization of $152.79 billion, a price-to-earnings ratio of 7.38, a PEG ratio of 0.84 and a beta of 0.24. The stock has a fifty day moving average of $23.05 and a 200 day moving average of $25.32. AT&T has a 52 week low of $19.89 and a 52 week high of $29.79. The company has a quick ratio of 0.87, a current ratio of 0.92 and a debt-to-equity ratio of 1.05.

AT&T (NYSE:T) last issued its quarterly earnings data on Wednesday, April 22nd. The technology company reported $0.57 earnings per share for the quarter, topping analysts’ consensus estimates of $0.55 by $0.02. AT&T had a return on equity of 12.49% and a net margin of 16.94%.The firm had revenue of $31.51 billion for the quarter, compared to analyst estimates of $31.29 billion. During the same period last year, the company earned $0.51 EPS. The business’s quarterly revenue was up 2.9% compared to the same quarter last year. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS.

AT&T Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, August 3rd. Stockholders of record on Friday, July 10th will be issued a dividend of $0.2775 per share. This represents a $1.11 dividend on an annualized basis and a dividend yield of 5.0%. The ex-dividend date is Friday, July 10th. AT&T’s payout ratio is 37.25%.

Institutional Trading of AT&T

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Fairway Wealth LLC bought a new stake in AT&T during the first quarter worth about $29,000. Robinswood Financial LLC bought a new position in shares of AT&T during the first quarter valued at approximately $29,000. Safe Harbor Fiduciary LLC purchased a new position in shares of AT&T during the fourth quarter valued at approximately $25,000. Rachor Investment Advisory Services LLC purchased a new position in shares of AT&T during the fourth quarter valued at approximately $25,000. Finally, Cresta Advisors Ltd. bought a new stake in shares of AT&T in the 4th quarter worth approximately $26,000. 57.10% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting AT&T

Here are the key news stories impacting AT&T this week:

• Positive Sentiment: AT&T said an AI system it built to prevent network outages has reduced customer downtime by more than 12 million hours, reinforcing the company’s network reliability story and suggesting potential service-quality and cost-efficiency benefits. Article Title
• Positive Sentiment: AT&T was named the “fastest connectivity provider” in a new Ookla analysis, which supports the company’s marketing message around superior wireless and fiber performance and could help customer acquisition and retention. Article Title
• Positive Sentiment: Several analysts have recently raised earnings estimates or reiterated bullish views on AT&T, including KeyCorp’s higher EPS forecasts and a $36 price target, while Scotiabank’s target of $29.25 still implies meaningful upside from current levels. Article Title
• Positive Sentiment: Hedge-fund positioning appears constructive, with large firms such as Capital World Investors and Goldman Sachs adding to AT&T holdings ahead of earnings, which can be read as a vote of confidence in the stock. Article Title
• Neutral Sentiment: AT&T disclosed $50,000 of Q2 lobbying activity covering spectrum rules, net neutrality, broadband support, and other regulatory issues. This is not a direct operating update, but it highlights ongoing policy risk and advocacy efforts. Article Title
• Neutral Sentiment: AT&T also generated attention from consumer- and business-oriented coverage around higher monthly fees and carrier-plan changes, but these items are more of a mixed backdrop than a clear near-term catalyst. Article Title
• Negative Sentiment: Scotiabank lowered its price target from $31 to $29.25 and kept a “sector perform” rating, which is a mild valuation headwind even though the revised target still sits above the current share price. Article Title

AT&T Company Profile

AT&T Inc is a global telecommunications company that provides a broad range of communications and digital entertainment services. Its core activities include consumer and business wireless services, broadband and fiber internet, and network infrastructure. The company operates branded wireless services through AT&T Mobility and deploys fixed-line and fiber networks to deliver high-speed internet and related home services.

AT&T’s product and service portfolio spans mobile voice and data plans, smartphones and device sales, home internet (including fiber-to-the-home where available), and managed connectivity solutions for enterprise customers.