FY2026 EPS Estimates for AT&T Inc. (NYSE:T) Boosted by Zacks Research

AT&T Inc. (NYSE:T) – Zacks Research lifted their FY2026 EPS estimates for AT&T in a research note issued to investors on Tuesday, September 17th. Zacks Research analyst R. Department now forecasts that the technology company will post earnings per share of $2.48 for the year, up from their prior forecast of $2.47. The consensus estimate for AT&T’s current full-year earnings is $2.20 per share.

AT&T (NYSE:T) last issued its quarterly earnings results on Wednesday, July 24th. The technology company reported $0.57 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.57. AT&T had a net margin of 10.41% and a return on equity of 14.16%. The company had revenue of $29.80 billion for the quarter, compared to analyst estimates of $30.05 billion. During the same period in the prior year, the firm earned $0.63 earnings per share. The business’s revenue for the quarter was down .3% compared to the same quarter last year.

A number of other equities research analysts have also weighed in on T. Redburn Atlantic upgraded shares of AT&T to a “strong sell” rating in a report on Monday, September 16th. Daiwa America raised AT&T to a “hold” rating in a research report on Friday, July 26th. JPMorgan Chase & Co. increased their price objective on AT&T from $21.00 to $24.00 and gave the company an “overweight” rating in a report on Thursday, July 25th. Evercore ISI boosted their target price on AT&T from $18.00 to $19.00 and gave the stock an “in-line” rating in a research note on Thursday, July 25th. Finally, The Goldman Sachs Group began coverage on AT&T in a report on Monday, July 1st. They issued a “buy” rating and a $22.00 price target for the company. One equities research analyst has rated the stock with a sell rating, nine have issued a hold rating and ten have issued a buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $22.31.

AT&T Stock Up 0.8 %

Shares of NYSE T opened at $21.54 on Friday. The stock has a market cap of $154.45 billion, a P/E ratio of 11.58, a PEG ratio of 3.79 and a beta of 0.59. The business’s fifty day simple moving average is $19.88 and its 200-day simple moving average is $18.34. AT&T has a 12-month low of $14.12 and a 12-month high of $22.34. The company has a current ratio of 0.70, a quick ratio of 0.66 and a debt-to-equity ratio of 1.05.

Hedge Funds Weigh In On AT&T

Several institutional investors have recently added to or reduced their stakes in the business. Octavia Wealth Advisors LLC grew its holdings in shares of AT&T by 2.1% during the second quarter. Octavia Wealth Advisors LLC now owns 25,313 shares of the technology company’s stock worth $484,000 after purchasing an additional 519 shares during the last quarter. Carolinas Wealth Consulting LLC lifted its position in AT&T by 2.3% during the 2nd quarter. Carolinas Wealth Consulting LLC now owns 23,650 shares of the technology company’s stock worth $452,000 after buying an additional 521 shares in the last quarter. WealthCare Investment Partners LLC grew its holdings in AT&T by 2.2% during the 2nd quarter. WealthCare Investment Partners LLC now owns 24,138 shares of the technology company’s stock worth $461,000 after acquiring an additional 525 shares during the last quarter. Integral Investment Advisors Inc. increased its position in AT&T by 3.2% in the 2nd quarter. Integral Investment Advisors Inc. now owns 17,177 shares of the technology company’s stock valued at $322,000 after acquiring an additional 538 shares in the last quarter. Finally, Financial Counselors Inc. raised its stake in shares of AT&T by 0.6% in the second quarter. Financial Counselors Inc. now owns 92,450 shares of the technology company’s stock worth $1,767,000 after acquiring an additional 539 shares during the last quarter. 57.10% of the stock is currently owned by institutional investors and hedge funds.

AT&T Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, August 1st. Shareholders of record on Wednesday, July 10th were issued a $0.2775 dividend. The ex-dividend date was Wednesday, July 10th. This represents a $1.11 annualized dividend and a yield of 5.15%. AT&T’s dividend payout ratio (DPR) is presently 59.68%.

About AT&T

AT&T Inc provides telecommunications and technology services worldwide. The company operates through two segments, Communications and Latin America. The Communications segment offers wireless voice and data communications services; and sells handsets, wireless data cards, wireless computing devices, carrying cases/protective covers, and wireless chargers through its own company-owned stores, agents, and third-party retail stores.