AT&T Inc. (NYSE:T – Free Report) – Analysts at Zacks Research lowered their Q3 2026 EPS estimates for shares of AT&T in a research note issued on Wednesday, October 16th. Zacks Research analyst R. Department now expects that the technology company will earn $0.60 per share for the quarter, down from their prior estimate of $0.61. The consensus estimate for AT&T’s current full-year earnings is $2.22 per share.
AT&T (NYSE:T – Get Free Report) last posted its earnings results on Wednesday, July 24th. The technology company reported $0.57 earnings per share for the quarter, hitting the consensus estimate of $0.57. AT&T had a net margin of 10.41% and a return on equity of 14.16%. The business had revenue of $29.80 billion for the quarter, compared to analyst estimates of $30.05 billion. During the same quarter in the prior year, the firm earned $0.63 EPS. The firm’s quarterly revenue was down .3% compared to the same quarter last year.
Get Our Latest Stock Analysis on T
AT&T Stock Up 0.9 %
T opened at $21.70 on Thursday. The firm’s 50-day simple moving average is $20.86 and its 200-day simple moving average is $18.91. The company has a debt-to-equity ratio of 1.05, a quick ratio of 0.66 and a current ratio of 0.70. AT&T has a twelve month low of $14.28 and a twelve month high of $22.34. The firm has a market cap of $155.59 billion, a price-to-earnings ratio of 11.67, a PEG ratio of 3.62 and a beta of 0.60.
AT&T Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Friday, November 1st. Investors of record on Thursday, October 10th will be given a $0.2775 dividend. The ex-dividend date is Thursday, October 10th. This represents a $1.11 dividend on an annualized basis and a dividend yield of 5.12%. AT&T’s dividend payout ratio is 59.68%.
Institutional Trading of AT&T
A number of hedge funds have recently modified their holdings of T. Strategic Financial Concepts LLC raised its position in shares of AT&T by 227.6% in the 2nd quarter. Strategic Financial Concepts LLC now owns 131,813 shares of the technology company’s stock valued at $25,000 after acquiring an additional 91,578 shares during the period. Riggs Asset Managment Co. Inc. raised its holdings in AT&T by 356.5% during the 2nd quarter. Riggs Asset Managment Co. Inc. now owns 1,429 shares of the technology company’s stock worth $27,000 after buying an additional 1,116 shares during the period. American Capital Advisory LLC raised its holdings in AT&T by 107.5% during the 2nd quarter. American Capital Advisory LLC now owns 1,558 shares of the technology company’s stock worth $30,000 after buying an additional 807 shares during the period. Altshuler Shaham Ltd acquired a new stake in AT&T during the 2nd quarter worth approximately $30,000. Finally, Loring Wolcott & Coolidge Fiduciary Advisors LLP MA raised its holdings in AT&T by 176.6% during the 2nd quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA now owns 1,867 shares of the technology company’s stock worth $35,000 after buying an additional 1,192 shares during the period. 57.10% of the stock is currently owned by institutional investors and hedge funds.
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.
Read More
- Five stocks we like better than AT&T
- What Are the U.K. Market Holidays? How to Invest and Trade
- Should Warren Buffett’s Favorite Stock be Yours Too?
- What Investors Must Know About Over-the-Counter (OTC) Stocks
- Why Buffett Loves Occidental Stock And What It Means for Chevron
- What is the Nasdaq? Complete Overview with History
- UnitedHealth Group Pulls Back Into a Healthy Buying Opportunity
Receive News & Ratings for AT&T Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AT&T and related companies with MarketBeat.com's FREE daily email newsletter.