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

AT&T (NYSE:T) issued its earnings results on Monday. The technology company reported $0.54 earnings per share for the quarter, topping the consensus estimate 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 0.7 %

T stock opened at $22.69 on Monday. The business has a fifty day moving average price of $22.80 and a 200 day moving average price of $21.48. The company has a debt-to-equity ratio of 1.09, a current ratio of 0.73 and a quick ratio of 0.67. AT&T has a fifty-two week low of $15.94 and a fifty-two week high of $24.03. The stock has a market capitalization of $162.77 billion, a price-to-earnings ratio of 18.44, a P/E/G ratio of 3.50 and a beta of 0.59.

AT&T Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, February 3rd. Shareholders of record on Friday, January 10th will be paid a dividend of $0.2775 per share. The ex-dividend date is Friday, January 10th. This represents a $1.11 annualized dividend and a yield of 4.89%. AT&T’s dividend payout ratio is 90.24%.

Wall Street Analyst Weigh In

A number of research analysts recently commented on the stock. Argus upgraded shares of AT&T from a “hold” rating to a “buy” rating and set a $27.00 price objective on the stock in a research note on Thursday, January 16th. Citigroup lifted their price target on AT&T from $26.00 to $28.00 and gave the company a “buy” rating in a research report on Wednesday, December 4th. Morgan Stanley upgraded AT&T from an “equal weight” rating to an “overweight” rating and upped their price objective for the company from $19.00 to $28.00 in a report on Monday, December 16th. UBS Group lifted their target price on AT&T from $25.00 to $30.00 and gave the stock a “buy” rating in a report on Thursday, December 19th. Finally, JPMorgan Chase & Co. upped their price target on shares of AT&T from $25.00 to $28.00 and gave the company an “overweight” rating in a report on Wednesday, December 4th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating, fourteen have assigned a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $25.83.

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.