FY2027 Earnings Forecast for AT&T Issued By Erste Group Bank

AT&T Inc. (NYSE:T) – Investment analysts at Erste Group Bank raised their FY2027 earnings estimates for AT&T in a research report issued on Friday, September 18th. Erste Group Bank analyst H. Engel now expects that the technology company will earn $2.56 per share for the year, up from their prior forecast of $2.55. The consensus estimate for AT&T’s current full-year earnings is $2.34 per share.

Other research analysts have also recently issued research reports about the company. Royal Bank Of Canada decreased their price target on AT&T from $31.00 to $27.00 and set an “outperform” rating for the company in a research note on Monday, July 20th. The Goldman Sachs Group set a $30.00 price objective on AT&T in a research report on Wednesday, July 22nd. Barclays reduced their price objective on AT&T from $26.00 to $24.00 and set an “equal weight” rating for the company in a report on Wednesday, July 8th. Wall Street Zen raised AT&T from a “sell” rating to a “hold” rating in a research report on Saturday, June 20th. Finally, Scotiabank lowered their target price on shares of AT&T from $31.00 to $29.25 and set a “sector perform” rating on the stock in a research note on Wednesday, July 15th. Twelve investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, AT&T presently has a consensus rating of “Moderate Buy” and an average price target of $29.20.

AT&T Stock Performance

Shares of T opened at $25.46 on Tuesday. The business’s fifty day simple moving average is $24.55 and its two-hundred day simple moving average is $24.95. The company has a current ratio of 0.97, a quick ratio of 0.93 and a debt-to-equity ratio of 1.06. AT&T has a 12 month low of $19.89 and a 12 month high of $29.43. The company has a market cap of $174.46 billion, a price-to-earnings ratio of 8.43, a P/E/G ratio of 1.26 and a beta of 0.25.

AT&T (NYSE:T) last announced its quarterly earnings data on Wednesday, July 22nd. The technology company reported $0.65 earnings per share for the quarter, topping analysts’ consensus estimates of $0.59 by $0.06. The company had revenue of $31.56 billion during the quarter, compared to analyst estimates of $31.80 billion. AT&T had a net margin of 16.94% and a return on equity of 12.86%. The firm’s revenue for the quarter was up 2.3% on a year-over-year basis. During the same period in the previous year, the business earned $0.54 EPS. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS.

Hedge Funds Weigh In On AT&T

A number of institutional investors and hedge funds have recently made changes to their positions in T. Lifestyle Asset Management Inc. lifted its holdings in AT&T by 3.6% during the 4th quarter. Lifestyle Asset Management Inc. now owns 10,511 shares of the technology company’s stock worth $261,000 after buying an additional 368 shares during the period. Hillsdale Investment Management Inc. increased its stake in shares of AT&T by 1.2% in the fourth quarter. Hillsdale Investment Management Inc. now owns 31,970 shares of the technology company’s stock valued at $794,000 after buying an additional 370 shares during the period. Bruce G. Allen Investments LLC increased its stake in shares of AT&T by 1.7% in the fourth quarter. Bruce G. Allen Investments LLC now owns 22,398 shares of the technology company’s stock valued at $556,000 after buying an additional 374 shares during the period. Rockline Wealth Management LLC increased its stake in shares of AT&T by 3.8% in the fourth quarter. Rockline Wealth Management LLC now owns 10,445 shares of the technology company’s stock valued at $259,000 after buying an additional 378 shares during the period. Finally, Camden National Bank raised its position in shares of AT&T by 1.5% during the fourth quarter. Camden National Bank now owns 26,191 shares of the technology company’s stock worth $651,000 after acquiring an additional 382 shares during the last quarter. Hedge funds and other institutional investors own 57.10% of the company’s stock.

AT&T Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, August 3rd. Stockholders of record on Friday, July 10th were given a dividend of $0.2775 per share. The ex-dividend date of this dividend was Friday, July 10th. This represents a $1.11 annualized dividend and a dividend yield of 4.4%. AT&T’s dividend payout ratio is presently 36.75%.

AT&T Company Profile

AT&T Inc (NYSE:T) is a telecommunications company that provides wireless communications, broadband internet, voice, and related connectivity services. Its offerings include mobile phone and data plans, fiber-optic internet, fixed wireless access, traditional voice services, and networking solutions for businesses and government customers.

The company serves consumers, businesses, and public-sector organizations primarily across the United States. AT&T also provides wireless services in Mexico and operates extensive communications networks that support mobile connectivity, internet access, data transmission, and enterprise communications.

AT&T traces its history to the development of the Bell System and has evolved through a series of reorganizations and acquisitions.