AT&T (T) to Release Quarterly Earnings on Wednesday

AT&T (NYSE:T - Get Free Report) is expected to release 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.Investors that are interested in participating in the company's conference call can do so using this link.

AT&T (NYSE:T - Get Free Report) last announced its quarterly earnings data on Monday, January 27th. The technology company reported $0.54 earnings per share for the quarter, beating analysts' consensus estimates 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 stock traded up $0.10 during midday trading on Friday, reaching $27.12. The stock had a trading volume of 24,758,386 shares, compared to its average volume of 36,664,188. 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 firm has a fifty day simple moving average of $26.84 and a two-hundred day simple moving average of $24.15. The stock has a market cap of $194.67 billion, a PE ratio of 18.20, a P/E/G ratio of 3.00 and a beta of 0.42. AT&T has a 52-week low of $16.17 and a 52-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. Investors of record on Thursday, April 10th will be issued a dividend of $0.2775 per share. This represents a $1.11 dividend on an annualized basis and a dividend yield of 4.09%. The ex-dividend date is Thursday, April 10th. AT&T's dividend payout ratio (DPR) is 74.50%.

Analyst Upgrades and Downgrades

Several analysts have commented on the stock. Royal Bank of Canada lifted their price objective on shares of AT&T from $27.00 to $28.00 and gave the company an "outperform" rating in a research note on Wednesday, March 19th. Sanford C. Bernstein increased their price target on AT&T from $28.00 to $29.00 and gave the stock an "outperform" rating in a research report on Tuesday, January 28th. Oppenheimer boosted their price objective on AT&T from $27.00 to $32.00 and gave the company an "outperform" rating in a report on Tuesday, April 1st. StockNews.com lowered AT&T from a "buy" rating to a "hold" rating in a report on Thursday. Finally, DZ Bank raised AT&T from a "hold" rating to a "buy" rating and set a $27.00 price target for the company in a report on Wednesday, January 29th. 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 given a strong buy rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $27.24.

Hedge Funds Weigh In On AT&T

An institutional investor recently raised its position in AT&T stock. Brighton Jones LLC lifted its position in AT&T Inc. (NYSE:T - Free Report) by 26.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 48,579 shares of the technology company's stock after purchasing an additional 10,188 shares during the quarter. Brighton Jones LLC's holdings in AT&T were worth $1,106,000 at the end of the most recent quarter. 57.10% of the stock is owned by institutional investors and hedge funds.

AT&T Company Profile

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.