Zacks Research Issues Negative Forecast for AT&T Earnings

AT&T Inc. (NYSE:T) – Analysts at Zacks Research lowered their Q2 2025 earnings estimates for shares of AT&T in a report released on Tuesday, December 17th. Zacks Research analyst R. Department now forecasts that the technology company will post earnings per share of $0.55 for the quarter, down from their prior forecast of $0.58. The consensus estimate for AT&T’s current full-year earnings is $2.19 per share. Zacks Research also issued estimates for AT&T’s Q3 2025 earnings at $0.57 EPS and FY2025 earnings at $2.18 EPS.

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

Other equities research analysts have also issued research reports about the stock. Evercore ISI increased their price objective on shares of AT&T from $19.00 to $21.00 and gave the stock an “in-line” rating in a research report on Thursday, October 24th. Tigress Financial boosted their price objective on AT&T from $29.00 to $30.00 and gave the stock a “buy” rating in a research note on Friday, September 27th. The Goldman Sachs Group upped their target price on AT&T from $25.00 to $28.00 and gave the stock a “buy” rating in a research report on Thursday, December 5th. Morgan Stanley upgraded AT&T from an “equal weight” rating to an “overweight” rating and raised their target price for the company from $19.00 to $28.00 in a report on Monday. Finally, Citigroup upped their price target on AT&T from $26.00 to $28.00 and gave the stock a “buy” rating in a report on Wednesday, December 4th. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating, twelve have given a buy rating and two have given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $25.53.

AT&T Stock Up 0.4 %

T opened at $22.57 on Friday. The company has a market cap of $161.95 billion, a PE ratio of 18.35, a price-to-earnings-growth ratio of 3.60 and a beta of 0.59. The company has a debt-to-equity ratio of 1.09, a quick ratio of 0.67 and a current ratio of 0.73. AT&T has a 1 year low of $15.94 and a 1 year high of $24.03. The firm has a 50 day moving average price of $22.58 and a 200 day moving average price of $20.70.

AT&T Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, February 3rd. Shareholders of record on Friday, January 10th will be issued a dividend of $0.2775 per share. This represents a $1.11 dividend on an annualized basis and a yield of 4.92%. The ex-dividend date of this dividend is Friday, January 10th. AT&T’s dividend payout ratio is presently 90.24%.

Hedge Funds Weigh In On AT&T

A number of hedge funds have recently added to or reduced their stakes in T. Davidson Kempner Capital Management LP bought a new position in shares of AT&T during the second quarter valued at approximately $23,888,000. Swiss National Bank boosted its position in AT&T by 0.5% during the 3rd quarter. Swiss National Bank now owns 21,282,584 shares of the technology company’s stock valued at $468,217,000 after purchasing an additional 104,700 shares during the period. Franklin Resources Inc. grew its stake in AT&T by 41.4% during the 3rd quarter. Franklin Resources Inc. now owns 7,947,913 shares of the technology company’s stock worth $168,969,000 after buying an additional 2,326,904 shares during the last quarter. Caprock Group LLC increased its position in AT&T by 18.3% in the third quarter. Caprock Group LLC now owns 195,991 shares of the technology company’s stock worth $4,312,000 after buying an additional 30,281 shares during the period. Finally, Talbot Financial LLC bought a new stake in AT&T in the third quarter valued at $7,438,000. Institutional investors and hedge funds own 57.10% of the company’s stock.

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.