AT&T (T) Expected to Announce Earnings on Wednesday

AT&T (NYSE:T) will likely be releasing its earnings data before the market opens on Wednesday, April 23rd. Analysts expect AT&T to post 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 interested in registering for the company’s earnings conference call can do so using this link.

AT&T (NYSE:T) last released its earnings results 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 Stock Performance

T opened at $27.12 on Monday. 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 stock has a market capitalization of $194.67 billion, a price-to-earnings ratio of 18.20, a PEG ratio of 3.00 and a beta of 0.42. The company has a fifty day moving average of $26.84 and a 200 day moving average of $24.17. AT&T has a fifty-two week low of $16.17 and a fifty-two week high of $29.03.

AT&T Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, May 1st. Stockholders of record on Thursday, April 10th will be issued a $0.2775 dividend. The ex-dividend date of this dividend is Thursday, April 10th. This represents a $1.11 annualized dividend and a dividend yield of 4.09%. AT&T’s dividend payout ratio (DPR) is 74.50%.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on the company. BNP Paribas upgraded AT&T from a “neutral” rating to an “outperform” rating and set a $28.50 price target for the company in a report on Thursday, February 13th. StockNews.com cut shares of AT&T from a “buy” rating to a “hold” rating in a research report on Thursday. Sanford C. Bernstein increased their price objective on shares of AT&T from $28.00 to $29.00 and gave the company an “outperform” rating in a research report on Tuesday, January 28th. Citigroup restated a “buy” rating on shares of AT&T in a report on Monday, April 7th. Finally, Royal Bank of Canada increased their price target on shares of AT&T from $27.00 to $28.00 and gave the company an “outperform” rating in a report on Wednesday, March 19th. One investment analyst has rated the stock with a sell rating, five have given a hold rating, seventeen have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $27.24.

Institutional Inflows and Outflows

An institutional investor recently raised its position in AT&T stock. Brighton Jones LLC increased its position in shares of AT&T Inc. (NYSE:T) by 26.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 48,579 shares of the technology company’s stock after buying an additional 10,188 shares during the period. Brighton Jones LLC’s holdings in AT&T were worth $1,106,000 at the end of the most recent quarter. Institutional investors own 57.10% of the company’s stock.

About AT&T

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.