AT&T (NYSE:T) Reaches New 12-Month Low – What’s Next?

AT&T Inc. (NYSE:TGet Free Report) hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as $23.13 and last traded at $23.1950, with a volume of 6633788 shares traded. The stock had previously closed at $23.45.

Trending Headlines about AT&T

Here are the key news stories impacting AT&T this week:

Analyst Ratings Changes

A number of research analysts recently commented on the company. Scotiabank reissued a “sector perform” rating and issued a $29.50 price target on shares of AT&T in a report on Wednesday, January 7th. 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. Wolfe Research cut shares of AT&T from an “outperform” rating to a “peer perform” rating in a research note on Monday, December 15th. Loop Capital set a $29.00 price target on shares of AT&T in a research note on Friday, December 19th. Finally, Morgan Stanley cut their price objective on AT&T from $32.00 to $30.00 and set an “overweight” rating for the company in a research report on Wednesday, December 10th. One research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $29.83.

View Our Latest Stock Analysis on T

AT&T Price Performance

The stock has a market cap of $177.91 billion, a PE ratio of 8.23, a price-to-earnings-growth ratio of 1.31 and a beta of 0.39. The stock’s fifty day moving average is $24.50 and its 200-day moving average is $26.35. The company has a debt-to-equity ratio of 1.00, a current ratio of 0.91 and a quick ratio of 0.96.

AT&T (NYSE:TGet Free Report) last posted its earnings results on Wednesday, January 28th. The technology company reported $0.52 earnings per share for the quarter, beating the consensus estimate of $0.46 by $0.06. The company had revenue of $33.47 billion for the quarter, compared to analyst estimates of $32.91 billion. AT&T had a net margin of 17.47% and a return on equity of 12.33%. AT&T’s revenue was up 3.6% on a year-over-year basis. During the same period in the previous year, the business posted $0.43 EPS. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. As a group, equities analysts anticipate that AT&T Inc. will post 2.14 EPS for the current year.

AT&T Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, February 2nd. Stockholders of record on Monday, January 12th will be paid a $0.2775 dividend. This represents a $1.11 annualized dividend and a dividend yield of 4.4%. The ex-dividend date of this dividend is Monday, January 12th. AT&T’s dividend payout ratio is 36.04%.

Institutional Trading of AT&T

Several institutional investors and hedge funds have recently bought and sold shares of the stock. FARMERS & MERCHANTS TRUST Co OF LONG BEACH increased its holdings in AT&T by 2.5% in the 4th quarter. FARMERS & MERCHANTS TRUST Co OF LONG BEACH now owns 45,464 shares of the technology company’s stock valued at $1,129,000 after purchasing an additional 1,114 shares during the last quarter. RMR Wealth Builders grew its stake in shares of AT&T by 3.9% in the fourth quarter. RMR Wealth Builders now owns 15,477 shares of the technology company’s stock valued at $384,000 after buying an additional 584 shares in the last quarter. Anchyra Partners LLC acquired a new stake in shares of AT&T in the fourth quarter valued at $504,000. First National Bank & Trust Co. of Newtown raised its holdings in shares of AT&T by 8.4% in the 4th quarter. First National Bank & Trust Co. of Newtown now owns 52,700 shares of the technology company’s stock valued at $1,309,000 after buying an additional 4,092 shares during the period. Finally, Aprio Wealth Management LLC lifted its stake in AT&T by 30.8% during the 4th quarter. Aprio Wealth Management LLC now owns 60,589 shares of the technology company’s stock worth $1,505,000 after acquiring an additional 14,279 shares in the last quarter. 57.10% of the stock is currently owned by hedge funds and other institutional investors.

About AT&T

(Get Free Report)

AT&T Inc is a global telecommunications company that provides a broad range of communications and digital entertainment services. Its core activities include consumer and business wireless services, broadband and fiber internet, and network infrastructure. The company operates branded wireless services through AT&T Mobility and deploys fixed-line and fiber networks to deliver high-speed internet and related home services.

AT&T’s product and service portfolio spans mobile voice and data plans, smartphones and device sales, home internet (including fiber-to-the-home where available), and managed connectivity solutions for enterprise customers.

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