AT&T (NYSE:T) Releases Quarterly Earnings Results, Beats Estimates By $0.06 EPS

AT&T (NYSE:T) posted its quarterly earnings results on Monday. The technology company reported $0.54 EPS for the quarter, topping analysts’ consensus estimates of $0.48 by $0.06, Zacks reports. AT&T had a return on equity of 13.97% and a net margin of 7.42%. AT&T updated its FY 2025 guidance to 1.970-2.070 EPS.

AT&T Trading Up 1.2 %

NYSE T opened at $24.43 on Wednesday. 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 firm has a market capitalization of $175.26 billion, a P/E ratio of 19.86, a PEG ratio of 3.50 and a beta of 0.59. The business has a fifty day simple moving average of $22.83 and a 200 day simple moving average of $21.51. AT&T has a 12 month low of $15.94 and a 12 month high of $24.58.

AT&T Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, February 3rd. Stockholders of record on Friday, January 10th will be issued a $0.2775 dividend. The ex-dividend date of this dividend is Friday, January 10th. This represents a $1.11 dividend on an annualized basis and a dividend yield of 4.54%. AT&T’s dividend payout ratio is presently 90.24%.

Analyst Upgrades and Downgrades

Several brokerages have commented on T. Barclays boosted their target price on AT&T from $24.00 to $27.00 and gave the stock an “overweight” rating in a research note on Wednesday, December 4th. Scotiabank raised their target price on shares of AT&T from $24.00 to $26.00 and gave the company a “sector outperform” rating in a research report on Tuesday. Royal Bank of Canada boosted their target price on shares of AT&T from $26.00 to $27.00 and gave the stock an “outperform” rating in a research note on Tuesday. Sanford C. Bernstein increased their price target on AT&T from $28.00 to $29.00 and gave the company an “outperform” rating in a research note on Tuesday. Finally, UBS Group boosted their price objective on AT&T from $25.00 to $30.00 and gave the stock a “buy” rating in a research report on Thursday, December 19th. One research analyst has rated the stock with a sell rating, six have issued a hold rating, seventeen have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $26.11.

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.