FY2025 Earnings Forecast for AT&T Issued By KeyCorp

AT&T Inc. (NYSE:T) – KeyCorp issued their FY2025 EPS estimates for AT&T in a report issued on Tuesday, November 11th. KeyCorp analyst B. Nispel expects that the technology company will post earnings of $2.05 per share for the year. KeyCorp currently has a “Overweight” rating and a $30.00 price target on the stock. The consensus estimate for AT&T’s current full-year earnings is $2.14 per share. KeyCorp also issued estimates for AT&T’s FY2026 earnings at $2.17 EPS.

AT&T (NYSE:T) last issued its quarterly earnings data on Wednesday, October 22nd. The technology company reported $0.54 EPS for the quarter, hitting the consensus estimate of $0.54. The business had revenue of $30.71 billion during the quarter, compared to analyst estimates of $30.85 billion. AT&T had a net margin of 17.87% and a return on equity of 12.72%. The company’s revenue for the quarter was up 1.7% on a year-over-year basis. During the same period in the prior year, the business earned $0.60 EPS.

A number of other research analysts have also weighed in on the company. The Goldman Sachs Group assumed coverage on AT&T in a research report on Tuesday, September 2nd. They set a “buy” rating and a $32.00 price objective for the company. Wells Fargo & Company decreased their target price on shares of AT&T from $31.00 to $29.00 and set an “overweight” rating for the company in a report on Thursday, October 16th. JPMorgan Chase & Co. upped their target price on shares of AT&T from $31.00 to $33.00 and gave the stock an “overweight” rating in a research note on Thursday, July 24th. Wall Street Zen cut AT&T from a “buy” rating to a “hold” rating in a research report on Saturday, November 8th. Finally, TD Cowen increased their price objective on AT&T from $32.00 to $33.00 and gave the company a “hold” rating in a research report on Thursday, October 23rd. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and eight have assigned a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $30.64.

AT&T Trading Up 0.2%

NYSE:T opened at $25.71 on Friday. The firm has a market capitalization of $182.23 billion, a P/E ratio of 8.35, a PEG ratio of 2.16 and a beta of 0.40. The company has a debt-to-equity ratio of 1.01, a current ratio of 1.01 and a quick ratio of 0.96. AT&T has a one year low of $21.38 and a one year high of $29.79. The company’s 50-day simple moving average is $26.83 and its 200 day simple moving average is $27.57.

AT&T Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, November 3rd. Shareholders of record on Friday, October 10th were issued a dividend of $0.2775 per share. The ex-dividend date of this dividend was Friday, October 10th. This represents a $1.11 annualized dividend and a yield of 4.3%. AT&T’s payout ratio is currently 36.04%.

Institutional Investors Weigh In On AT&T

A number of institutional investors have recently bought and sold shares of the business. Vanguard Group Inc. raised its position in shares of AT&T by 1.6% during the second quarter. Vanguard Group Inc. now owns 661,355,210 shares of the technology company’s stock valued at $19,139,620,000 after buying an additional 10,310,560 shares during the last quarter. State Street Corp grew its stake in AT&T by 2.4% during the second quarter. State Street Corp now owns 321,070,509 shares of the technology company’s stock valued at $9,291,781,000 after acquiring an additional 7,404,376 shares in the last quarter. Kingstone Capital Partners Texas LLC bought a new stake in AT&T in the 2nd quarter valued at $5,266,758,000. Geode Capital Management LLC boosted its position in shares of AT&T by 1.2% during the 2nd quarter. Geode Capital Management LLC now owns 172,039,872 shares of the technology company’s stock valued at $4,958,066,000 after acquiring an additional 2,066,026 shares during the last quarter. Finally, GQG Partners LLC increased its stake in AT&T by 17.7% during the first quarter. GQG Partners LLC now owns 113,957,259 shares of the technology company’s stock worth $3,222,711,000 after acquiring an additional 17,177,874 shares during the last quarter. Hedge funds and other institutional investors own 57.10% of the company’s stock.

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.