AT&T (NYSE:T) Announces Quarterly Earnings Results

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

AT&T Stock Up 6.2 %

Shares of NYSE T opened at $24.12 on Tuesday. AT&T has a 1 year low of $15.94 and a 1 year high of $24.37. The firm has a market cap of $173.05 billion, a P/E ratio of 19.61, a price-to-earnings-growth ratio of 3.50 and a beta of 0.59. The firm’s 50 day moving average price is $22.80 and its 200 day moving average price 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 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 $0.2775 dividend. This represents a $1.11 dividend on an annualized basis and a dividend yield of 4.60%. The ex-dividend date is Friday, January 10th. AT&T’s dividend payout ratio is presently 90.24%.

Analyst Ratings Changes

A number of research analysts have recently issued reports on T shares. Argus raised AT&T from a “hold” rating to a “buy” rating and set a $27.00 target price on the stock in a report on Thursday, January 16th. Barclays upped their price objective on shares of AT&T from $24.00 to $27.00 and gave the stock an “overweight” rating in a research report on Wednesday, December 4th. Morgan Stanley raised shares of AT&T from an “equal weight” rating to an “overweight” rating and lifted their target price for the company from $19.00 to $28.00 in a report on Monday, December 16th. The Goldman Sachs Group increased their price target on shares of AT&T from $25.00 to $28.00 and gave the stock a “buy” rating in a report on Thursday, December 5th. Finally, Royal Bank of Canada upgraded shares of AT&T from a “sector perform” rating to an “outperform” rating and raised their price objective for the company 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 assigned 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 has a consensus rating of “Moderate Buy” and a consensus price target of $25.83.

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.