Zacks Research Issues Pessimistic Forecast for AT&T Earnings

AT&T Inc. (NYSE:T) – Zacks Research dropped their Q1 2026 EPS estimates for AT&T in a report released on Tuesday, November 25th. Zacks Research analyst Team now forecasts that the technology company will earn $0.54 per share for the quarter, down from their prior forecast of $0.56. The consensus estimate for AT&T’s current full-year earnings is $2.14 per share. Zacks Research also issued estimates for AT&T’s Q1 2027 earnings at $0.56 EPS.

AT&T (NYSE:T) last released its earnings results on Wednesday, October 22nd. The technology company reported $0.54 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.54. The company had revenue of $30.71 billion for the quarter, compared to analysts’ expectations of $30.85 billion. AT&T had a net margin of 17.87% and a return on equity of 12.72%. AT&T’s revenue for the quarter was up 1.7% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.60 EPS.

Several other analysts have also recently issued reports on the company. The Goldman Sachs Group started coverage on AT&T in a research report on Tuesday, September 2nd. They set a “buy” rating and a $32.00 target price for the company. Sanford C. Bernstein upped their price target on AT&T from $31.00 to $32.00 and gave the stock an “outperform” rating in a research note on Thursday, September 4th. Citigroup reaffirmed a “buy” rating on shares of AT&T in a report on Tuesday, August 26th. Royal Bank Of Canada lowered their target price on shares of AT&T from $31.00 to $30.00 and set an “outperform” rating on the stock in a report on Thursday, October 23rd. Finally, TD Cowen upped their target price on shares of AT&T from $32.00 to $33.00 and gave the stock a “hold” rating in a research report on Thursday, October 23rd. One research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and eight have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $30.64.

AT&T Price Performance

NYSE:T opened at $25.86 on Thursday. The business’s 50-day simple moving average is $26.15 and its two-hundred day simple moving average is $27.44. AT&T has a 52 week low of $21.38 and a 52 week high of $29.79. The stock has a market cap of $183.30 billion, a PE ratio of 8.39, a P/E/G ratio of 2.16 and a beta of 0.40. The company has a quick ratio of 0.96, a current ratio of 1.01 and a debt-to-equity ratio of 1.01.

Institutional Investors Weigh In On AT&T

Several institutional investors have recently modified their holdings of T. Kingstone Capital Partners Texas LLC bought a new stake in AT&T in the second quarter worth $5,266,758,000. Norges Bank bought a new position in AT&T during the second quarter valued at $2,228,655,000. Nuveen LLC purchased a new stake in shares of AT&T in the first quarter valued at $1,072,128,000. GQG Partners LLC lifted its holdings in shares of AT&T by 17.7% in the 1st 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. Finally, Amundi lifted its holdings in shares of AT&T by 67.5% in the 3rd quarter. Amundi now owns 42,295,492 shares of the technology company’s stock worth $1,094,184,000 after acquiring an additional 17,040,328 shares during the last quarter. 57.10% of the stock is owned by institutional investors.

AT&T Dividend Announcement

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

AT&T Company Profile

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.