Zacks Research Has Bearish Estimate for AT&T Q2 Earnings

AT&T Inc. (NYSE:T) – Equities research analysts at Zacks Research reduced their Q2 2025 earnings per share estimates for shares of AT&T in a research report issued on Tuesday, December 17th. Zacks Research analyst R. Department now anticipates that the technology company will post earnings per share of $0.55 for the quarter, down from their prior estimate of $0.58. The consensus estimate for AT&T’s current full-year earnings is $2.19 per share. Zacks Research also issued estimates for AT&T’s Q3 2025 earnings at $0.57 EPS and FY2025 earnings at $2.18 EPS.

Other research analysts also recently issued research reports about the company. Citigroup lifted their price target on AT&T from $26.00 to $28.00 and gave the company a “buy” rating in a report on Wednesday, December 4th. Royal Bank of Canada reiterated a “sector perform” rating and issued a $22.00 target price on shares of AT&T in a report on Thursday, October 24th. Redburn Atlantic upgraded shares of AT&T to a “strong sell” rating in a report on Monday, September 16th. 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 research note on Monday, December 16th. Finally, Hsbc Global Res raised shares of AT&T to a “strong-buy” rating in a research note on Tuesday, October 1st. One research analyst has rated the stock with a sell rating, eight have issued a hold rating, twelve have given a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $25.53.

AT&T Price Performance

T stock opened at $22.75 on Friday. AT&T has a one year low of $15.94 and a one year high of $24.03. The firm has a 50-day moving average of $22.61 and a two-hundred day moving average of $20.73. The firm has a market capitalization of $163.24 billion, a PE ratio of 18.50, a P/E/G ratio of 3.60 and a beta of 0.59. The company has a current ratio of 0.73, a quick ratio of 0.67 and a debt-to-equity ratio of 1.09.

AT&T (NYSE:T) last announced its quarterly earnings data on Wednesday, October 23rd. The technology company reported $0.60 EPS for the quarter, beating analysts’ consensus estimates of $0.57 by $0.03. The company had revenue of $30.20 billion during the quarter, compared to the consensus estimate of $30.50 billion. AT&T had a return on equity of 13.97% and a net margin of 7.42%. The company’s quarterly revenue was down .5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.64 EPS.

AT&T Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, February 3rd. Investors of record on Friday, January 10th will be given a $0.2775 dividend. The ex-dividend date is Friday, January 10th. This represents a $1.11 annualized dividend and a yield of 4.88%. AT&T’s dividend payout ratio (DPR) is currently 90.24%.

Institutional Trading of AT&T

Several institutional investors have recently made changes to their positions in the business. Principal Financial Group Inc. lifted its position in shares of AT&T by 5.1% during the 3rd quarter. Principal Financial Group Inc. now owns 8,306,930 shares of the technology company’s stock worth $182,752,000 after buying an additional 402,894 shares during the period. Legacy Wealth Management LLC MS bought a new position in shares of AT&T during the third quarter valued at $1,042,000. Alternative Investment Advisors LLC. bought a new position in shares of AT&T during the third quarter valued at $217,000. Inspire Trust Co. N.A. boosted its stake in shares of AT&T by 19.7% in the 3rd quarter. Inspire Trust Co. N.A. now owns 140,000 shares of the technology company’s stock valued at $3,080,000 after purchasing an additional 23,000 shares in the last quarter. Finally, Franklin Resources Inc. grew its holdings in shares of AT&T by 41.4% in the 3rd quarter. Franklin Resources Inc. now owns 7,947,913 shares of the technology company’s stock worth $168,969,000 after purchasing an additional 2,326,904 shares during the last quarter. 57.10% of the stock is currently owned by institutional investors and hedge funds.

About AT&T

AT&T Inc provides telecommunications and technology services worldwide. The company operates through two segments, Communications and Latin America. The Communications segment offers wireless voice and data communications services; and sells handsets, wireless data cards, wireless computing devices, carrying cases/protective covers, and wireless chargers through its own company-owned stores, agents, and third-party retail stores.