AT&T Inc. (NYSE:T) Receives $30.74 Consensus Price Target from Analysts

Shares of AT&T Inc. (NYSE:TGet Free Report) have been given a consensus recommendation of “Moderate Buy” by the twenty-three analysts that are presently covering the firm, MarketBeat.com reports. Eight equities research analysts have rated the stock with a hold recommendation, fourteen have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year price target among brokerages that have covered the stock in the last year is $30.7391.

A number of analysts have issued reports on T shares. Weiss Ratings reissued a “buy (b-)” rating on shares of AT&T in a research note on Monday, December 29th. Oppenheimer increased their price objective on shares of AT&T from $29.00 to $32.00 and gave the stock an “outperform” rating in a report on Wednesday, March 11th. Wolfe Research cut shares of AT&T from an “outperform” rating to a “peer perform” rating in a research report on Monday, December 15th. Royal Bank Of Canada restated an “outperform” rating and issued a $31.00 target price on shares of AT&T in a report on Thursday, February 12th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $33.00 price target on shares of AT&T in a research report on Thursday, January 29th.

Check Out Our Latest Stock Analysis on T

Institutional Trading of AT&T

A number of institutional investors and hedge funds have recently made changes to their positions in the company. Brighton Jones LLC increased its position in shares of AT&T by 26.5% in the fourth quarter. Brighton Jones LLC now owns 48,579 shares of the technology company’s stock worth $1,106,000 after acquiring an additional 10,188 shares in the last quarter. Claret Asset Management Corp boosted its position in AT&T by 9.6% during the 2nd quarter. Claret Asset Management Corp now owns 7,998 shares of the technology company’s stock worth $231,000 after purchasing an additional 700 shares during the period. Quantbot Technologies LP acquired a new stake in AT&T in the 2nd quarter valued at $712,000. Blueshift Asset Management LLC purchased a new position in AT&T in the second quarter valued at about $423,000. Finally, JT Stratford LLC raised its position in AT&T by 5.3% in the second quarter. JT Stratford LLC now owns 18,378 shares of the technology company’s stock valued at $532,000 after purchasing an additional 920 shares during the period. 57.10% of the stock is currently owned by institutional investors and hedge funds.

Key AT&T News

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

AT&T Trading Down 0.1%

Shares of AT&T stock opened at $28.31 on Friday. AT&T has a fifty-two week low of $22.95 and a fifty-two week high of $29.79. The business’s fifty day moving average is $27.71 and its two-hundred day moving average is $26.19. The company has a quick ratio of 0.86, a current ratio of 0.91 and a debt-to-equity ratio of 1.00. The firm has a market cap of $197.72 billion, a PE ratio of 9.28, a P/E/G ratio of 1.06 and a beta of 0.34.

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

AT&T Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 1st. Stockholders of record on Friday, April 10th will be paid a dividend of $0.2775 per share. The ex-dividend date of this dividend is Friday, April 10th. This represents a $1.11 annualized dividend and a dividend yield of 3.9%. AT&T’s payout ratio is currently 36.39%.

AT&T Company Profile

(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.

Further Reading

Analyst Recommendations for AT&T (NYSE:T)

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