FY2027 Earnings Forecast for AT&T Issued By Erste Group Bank

AT&T Inc. (NYSE:T) – Stock analysts at Erste Group Bank lifted their FY2027 earnings per share estimates for shares of AT&T in a research note issued on Wednesday, February 18th. Erste Group Bank analyst H. Engel now forecasts that the technology company will post earnings of $2.55 per share for the year, up from their previous estimate of $2.53. The consensus estimate for AT&T’s current full-year earnings is $2.14 per share.

AT&T (NYSE:T) last announced its quarterly earnings data on Wednesday, January 28th. The technology company reported $0.52 earnings per share for the quarter, beating the consensus estimate of $0.46 by $0.06. AT&T had a net margin of 17.47% and a return on equity of 12.33%. The firm had revenue of $33.47 billion for the quarter, compared to analyst estimates of $32.91 billion. During the same quarter in the prior year, the business earned $0.43 earnings per share. The business’s quarterly revenue was up 3.6% compared to the same quarter last year. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS.

Other research analysts also recently issued research reports about the company. Wells Fargo & Company reduced their price objective on AT&T from $29.00 to $27.00 and set an “overweight” rating for the company in a research note on Monday, January 26th. Morgan Stanley cut their price target on shares of AT&T from $32.00 to $30.00 and set an “overweight” rating on the stock in a report on Wednesday, December 10th. Arete Research set a $20.00 price objective on shares of AT&T in a report on Tuesday, January 6th. Sanford C. Bernstein lowered their price objective on shares of AT&T from $31.00 to $30.00 and set an “outperform” rating on the stock in a research report on Friday, January 16th. Finally, Barclays dropped their target price on shares of AT&T from $28.00 to $26.00 and set an “equal weight” rating on the stock in a research note on Tuesday, January 13th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, seven have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $29.93.

AT&T Stock Performance

Shares of T stock opened at $28.00 on Monday. The company has a current ratio of 0.91, a quick ratio of 0.86 and a debt-to-equity ratio of 1.00. The firm has a fifty day simple moving average of $25.25 and a two-hundred day simple moving average of $26.35. AT&T has a 12 month low of $22.95 and a 12 month high of $29.79. The firm has a market capitalization of $195.99 billion, a PE ratio of 9.18, a price-to-earnings-growth ratio of 1.04 and a beta of 0.39.

AT&T Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, February 2nd. Shareholders of record on Monday, January 12th were issued a $0.2775 dividend. The ex-dividend date of this dividend was Monday, January 12th. This represents a $1.11 dividend on an annualized basis and a yield of 4.0%. AT&T’s dividend payout ratio is currently 36.39%.

Institutional Trading of AT&T

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Vanguard Group Inc. boosted its stake in shares of AT&T by 0.5% in the fourth quarter. Vanguard Group Inc. now owns 664,055,700 shares of the technology company’s stock worth $16,495,144,000 after acquiring an additional 3,585,661 shares during the period. State Street Corp lifted its holdings in AT&T by 2.6% in the 4th quarter. State Street Corp now owns 332,089,723 shares of the technology company’s stock worth $8,249,109,000 after purchasing an additional 8,314,678 shares in the last quarter. Geode Capital Management LLC lifted its holdings in AT&T by 1.2% in the 2nd quarter. Geode Capital Management LLC now owns 172,039,872 shares of the technology company’s stock worth $4,958,066,000 after purchasing an additional 2,066,026 shares in the last quarter. Bank of America Corp DE boosted its stake in AT&T by 3.5% in the 4th quarter. Bank of America Corp DE now owns 119,742,478 shares of the technology company’s stock worth $2,974,403,000 after purchasing an additional 4,079,062 shares during the period. Finally, Norges Bank purchased a new stake in AT&T during the 4th quarter valued at approximately $2,181,977,000. 57.10% of the stock is owned by hedge funds and other institutional investors.

About AT&T

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.