Analysts Offer Predictions for AT&T’s Q4 Earnings (NYSE:T)

AT&T Inc. (NYSE:T) – Stock analysts at Zacks Research dropped their Q4 2024 earnings per share estimates for AT&T in a research report issued on Wednesday, November 13th. Zacks Research analyst R. Department now anticipates that the technology company will post earnings per share of $0.49 for the quarter, down from their previous forecast of $0.51. The consensus estimate for AT&T’s current full-year earnings is $2.22 per share. Zacks Research also issued estimates for AT&T’s Q1 2025 earnings at $0.54 EPS, Q2 2025 earnings at $0.58 EPS, Q3 2025 earnings at $0.61 EPS, Q4 2025 earnings at $0.58 EPS, FY2025 earnings at $2.31 EPS, Q1 2026 earnings at $0.63 EPS, Q3 2026 earnings at $0.59 EPS and FY2026 earnings at $2.43 EPS.

AT&T (NYSE:T) last issued its earnings results on Wednesday, October 23rd. The technology company reported $0.60 earnings per share for the quarter, beating the consensus estimate of $0.57 by $0.03. AT&T had a net margin of 7.42% and a return on equity of 13.97%. The business had revenue of $30.20 billion for the quarter, compared to analyst estimates of $30.50 billion. During the same period in the previous year, the business earned $0.64 EPS. The firm’s revenue was down .5% on a year-over-year basis.

Other analysts have also issued research reports about the company. JPMorgan Chase & Co. boosted their price target on AT&T from $21.00 to $24.00 and gave the company an “overweight” rating in a research note on Thursday, July 25th. TD Cowen lifted their price target on shares of AT&T from $21.00 to $23.00 and gave the company a “hold” rating in a report on Thursday, July 25th. Barclays upped their price objective on shares of AT&T from $22.00 to $24.00 and gave the stock an “overweight” rating in a research note on Thursday, October 24th. Wells Fargo & Company cut their target price on shares of AT&T from $25.00 to $24.00 and set an “overweight” rating for the company in a research note on Thursday, October 24th. Finally, Redburn Atlantic upgraded AT&T to a “strong sell” rating in a research report on Monday, September 16th. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $23.40.

AT&T Trading Up 2.0 %

T stock opened at $22.69 on Friday. AT&T has a 1-year low of $15.75 and a 1-year high of $22.75. The company has a current ratio of 0.73, a quick ratio of 0.67 and a debt-to-equity ratio of 1.09. The business’s 50 day moving average is $21.85 and its 200-day moving average is $19.67. The firm has a market cap of $162.81 billion, a P/E ratio of 18.45, a P/E/G ratio of 3.35 and a beta of 0.59.

AT&T Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, November 1st. Investors of record on Thursday, October 10th were issued a $0.2775 dividend. The ex-dividend date was Thursday, October 10th. This represents a $1.11 annualized dividend and a yield of 4.89%. AT&T’s dividend payout ratio is currently 90.24%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Orion Portfolio Solutions LLC lifted its holdings in shares of AT&T by 4.0% during the 1st quarter. Orion Portfolio Solutions LLC now owns 328,199 shares of the technology company’s stock valued at $5,776,000 after purchasing an additional 12,591 shares in the last quarter. Dorsey & Whitney Trust CO LLC increased its position in shares of AT&T by 27.9% during the first quarter. Dorsey & Whitney Trust CO LLC now owns 44,033 shares of the technology company’s stock worth $775,000 after acquiring an additional 9,602 shares in the last quarter. Motco raised its holdings in shares of AT&T by 22.3% during the first quarter. Motco now owns 10,774 shares of the technology company’s stock worth $190,000 after acquiring an additional 1,963 shares during the period. Tocqueville Asset Management L.P. lifted its position in AT&T by 2.5% in the 1st quarter. Tocqueville Asset Management L.P. now owns 71,279 shares of the technology company’s stock valued at $1,255,000 after acquiring an additional 1,716 shares in the last quarter. Finally, M&G Plc bought a new position in AT&T during the 1st quarter worth about $9,074,000. 57.10% of the stock is currently owned by institutional investors.

AT&T Company Profile

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.