Q2 Earnings Estimate for AT&T Issued By KeyCorp (NYSE:T)

AT&T Inc. (NYSE:T) – Investment analysts at KeyCorp lifted their Q2 2026 earnings per share estimates for shares of AT&T in a research report issued on Sunday, July 5th. KeyCorp analyst B. Nispel now forecasts that the technology company will post earnings per share of $0.62 for the quarter, up from their previous forecast of $0.61. KeyCorp currently has a “Overweight” rating and a $36.00 target price on the stock. The consensus estimate for AT&T’s current full-year earnings is $2.31 per share. KeyCorp also issued estimates for AT&T’s Q3 2026 earnings at $0.63 EPS, Q4 2026 earnings at $0.56 EPS, FY2026 earnings at $2.37 EPS, Q2 2027 earnings at $0.67 EPS, Q3 2027 earnings at $0.72 EPS, Q4 2027 earnings at $0.65 EPS and FY2027 earnings at $2.66 EPS.

AT&T (NYSE:T) last posted its quarterly earnings results on Wednesday, April 22nd. The technology company reported $0.57 earnings per share for the quarter, topping analysts’ consensus estimates of $0.55 by $0.02. AT&T had a return on equity of 12.49% and a net margin of 16.94%.The business had revenue of $31.51 billion for the quarter, compared to the consensus estimate of $31.29 billion. During the same period in the prior year, the business earned $0.51 EPS. The firm’s revenue for the quarter was up 2.9% on a year-over-year basis. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS.

Other equities analysts have also issued reports about the company. Citigroup upped their target price on AT&T from $29.00 to $31.50 and gave the stock a “buy” rating in a research report on Monday, March 23rd. Oppenheimer downgraded shares of AT&T from an “outperform” rating to a “market perform” rating in a research report on Wednesday, June 3rd. Wall Street Zen upgraded shares of AT&T from a “sell” rating to a “hold” rating in a research note on Saturday, June 20th. Weiss Ratings downgraded shares of AT&T from a “buy (b)” rating to a “buy (b-)” rating in a report on Friday, May 29th. Finally, Barclays dropped their price objective on shares of AT&T from $26.00 to $24.00 and set an “equal weight” rating on the stock in a research note on Wednesday, July 8th. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, AT&T presently has an average rating of “Moderate Buy” and an average price target of $29.43.

AT&T Trading Down 1.2%

Shares of AT&T stock opened at $21.30 on Wednesday. The company has a debt-to-equity ratio of 1.05, a quick ratio of 0.87 and a current ratio of 0.92. AT&T has a 52 week low of $19.89 and a 52 week high of $29.79. The stock has a 50 day moving average price of $23.19 and a two-hundred day moving average price of $25.36. The stock has a market capitalization of $147.99 billion, a PE ratio of 7.15, a price-to-earnings-growth ratio of 0.88 and a beta of 0.24.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of T. Rachor Investment Advisory Services LLC bought a new stake in AT&T during the fourth quarter worth $25,000. Safe Harbor Fiduciary LLC bought a new position in AT&T during the 4th quarter valued at $25,000. Cresta Advisors Ltd. bought a new position in AT&T during the 4th quarter valued at $26,000. Blueline Advisors LLC purchased a new position in AT&T during the 4th quarter worth $26,000. Finally, Winnow Wealth LLC boosted its holdings in AT&T by 362.8% during the 4th quarter. Winnow Wealth LLC now owns 1,046 shares of the technology company’s stock worth $26,000 after acquiring an additional 820 shares during the last quarter. Hedge funds and other institutional investors own 57.10% of the company’s stock.

AT&T Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, August 3rd. Stockholders of record on Friday, July 10th will be issued a $0.2775 dividend. This represents a $1.11 dividend on an annualized basis and a dividend yield of 5.2%. The ex-dividend date is Friday, July 10th. AT&T’s dividend payout ratio (DPR) is currently 37.25%.

AT&T News Summary

Here are the key news stories impacting AT&T this week:

• Negative Sentiment: Bernstein cut price targets across major telecom names, including AT&T, as Wall Street increasingly factors in SpaceX’s Starlink as a long-term competitive threat. The news has weighed on telecom stocks broadly by raising valuation-risk concerns. Article Title
• Negative Sentiment: Articles highlighting AT&T’s California landline discontinuation suggest continued pressure on legacy copper phone service, which can reinforce worries about shrinking traditional wireline revenue. Article Title
• Negative Sentiment: Coverage noting AT&T phone bills will rise in early August because of a higher monthly fee could hurt customer sentiment and add churn concerns if subscribers push back on price increases. Article Title
• Neutral Sentiment: AT&T is scheduled to announce quarterly earnings on Wednesday, and investors are likely waiting for results and guidance to determine whether the company can offset competitive pressure with stable growth and cash flow. Article Title
• Neutral Sentiment: AT&T’s 5G drone-sensing trial with Ericsson and its H2O AI Super Agent initiative are supportive of the company’s long-term network and automation strategy, but these are not likely to move the stock materially in the very short term. Article Title Article Title
• Neutral Sentiment: Promotional offers such as free international calls for World Cup match days may support customer engagement, but they are unlikely to materially affect AT&T’s stock on their own. Article Title

AT&T Company Profile

AT&T Inc is a global telecommunications company that provides a broad range of communications and digital entertainment services. Its core activities include consumer and business wireless services, broadband and fiber internet, and network infrastructure. The company operates branded wireless services through AT&T Mobility and deploys fixed-line and fiber networks to deliver high-speed internet and related home services.

AT&T’s product and service portfolio spans mobile voice and data plans, smartphones and device sales, home internet (including fiber-to-the-home where available), and managed connectivity solutions for enterprise customers.