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

AT&T (NYSE:T) issued its quarterly earnings results on Monday. The technology company reported $0.54 EPS for the quarter, topping the consensus estimate of $0.48 by $0.06, Zacks reports. AT&T had a net margin of 7.42% and a return on equity of 13.97%. AT&T updated its FY 2025 guidance to 1.970-2.070 EPS.

AT&T Stock Up 0.7 %

Shares of AT&T stock opened at $22.69 on Monday. The firm has a market cap of $162.77 billion, a PE ratio of 18.44, a P/E/G ratio of 3.50 and a beta of 0.59. The business’s 50 day simple moving average is $22.80 and its 200 day simple moving average is $21.48. The company has a debt-to-equity ratio of 1.09, a quick ratio of 0.67 and a current ratio of 0.73. AT&T has a 52-week low of $15.94 and a 52-week high of $24.03.

AT&T Announces Dividend

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

Analyst Upgrades and Downgrades

T has been the subject of a number of analyst reports. Sanford C. Bernstein assumed coverage on shares of AT&T in a report on Tuesday, December 10th. They set an “outperform” rating and a $28.00 target price for the company. UBS Group lifted their price objective on AT&T from $25.00 to $30.00 and gave the stock a “buy” rating in a research note on Thursday, December 19th. Wells Fargo & Company dropped their price objective on AT&T from $25.00 to $24.00 and set an “overweight” rating for the company in a report on Thursday, October 24th. New Street Research upgraded AT&T from a “neutral” rating to a “buy” rating in a report on Tuesday, December 3rd. Finally, Royal Bank of Canada upgraded AT&T from a “sector perform” rating to an “outperform” rating and boosted their target price for the stock from $22.00 to $26.00 in a research report on Monday, January 6th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating, fourteen have given a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $25.83.

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.