FY2027 EPS Estimates for AT&T Reduced by Erste Group Bank

AT&T Inc. (NYSE:T) – Erste Group Bank cut their FY2027 earnings per share (EPS) estimates for shares of AT&T in a report issued on Tuesday, May 12th. Erste Group Bank analyst H. Engel now forecasts that the technology company will post earnings of $2.54 per share for the year, down from their prior estimate of $2.55. The consensus estimate for AT&T’s current full-year earnings is $2.31 per share.

AT&T (NYSE:T) last issued its quarterly earnings data on Wednesday, April 22nd. The technology company reported $0.57 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.55 by $0.02. The company had revenue of $31.51 billion during the quarter, compared to the consensus estimate of $31.29 billion. AT&T had a return on equity of 12.49% and a net margin of 16.94%.The firm’s revenue was up 2.9% compared to the same quarter last year. During the same period last year, the company earned $0.51 earnings per share. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS.

A number of other equities research analysts have also commented on the stock. UBS Group reaffirmed a “buy” rating on shares of AT&T in a research note on Thursday, January 29th. Oppenheimer upped their price target on shares of AT&T from $29.00 to $32.00 and gave the company an “outperform” rating in a research report on Wednesday, March 11th. Wells Fargo & Company lowered their price objective on AT&T from $29.00 to $27.00 and set an “overweight” rating for the company in a research report on Monday, January 26th. Arete Research raised AT&T from a “sell” rating to a “neutral” rating and set a $28.00 price objective on the stock in a research note on Tuesday, March 10th. Finally, Williams Trading set a $32.00 target price on AT&T in a research report on Thursday, January 29th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $30.55.

AT&T Stock Performance

NYSE:T opened at $24.93 on Monday. The company has a debt-to-equity ratio of 1.05, a quick ratio of 0.87 and a current ratio of 0.92. AT&T has a fifty-two week low of $22.95 and a fifty-two week high of $29.79. The company has a 50 day simple moving average of $26.79 and a two-hundred day simple moving average of $26.00. The company has a market capitalization of $173.23 billion, a PE ratio of 8.37, a P/E/G ratio of 0.90 and a beta of 0.23.

AT&T Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, May 1st. Shareholders of record on Friday, April 10th were issued a $0.2775 dividend. This represents a $1.11 dividend on an annualized basis and a yield of 4.5%. The ex-dividend date was Friday, April 10th. AT&T’s dividend payout ratio (DPR) is presently 37.25%.

Hedge Funds Weigh In On AT&T

Several institutional investors have recently made changes to their positions in T. Rhumbline Advisers grew its holdings in shares of AT&T by 0.4% in the third quarter. Rhumbline Advisers now owns 12,810,872 shares of the technology company’s stock valued at $361,779,000 after acquiring an additional 49,727 shares in the last quarter. Wealthfront Advisers LLC lifted its holdings in AT&T by 4.9% during the third quarter. Wealthfront Advisers LLC now owns 1,411,031 shares of the technology company’s stock worth $39,848,000 after acquiring an additional 66,448 shares during the period. Public Sector Pension Investment Board lifted its holdings in AT&T by 140.8% during the third quarter. Public Sector Pension Investment Board now owns 2,888,630 shares of the technology company’s stock worth $81,575,000 after acquiring an additional 1,689,073 shares during the period. Annex Advisory Services LLC boosted its position in AT&T by 749.1% in the fourth quarter. Annex Advisory Services LLC now owns 159,598 shares of the technology company’s stock worth $3,964,000 after purchasing an additional 140,802 shares during the last quarter. Finally, World Investment Advisors boosted its position in AT&T by 85.0% in the fourth quarter. World Investment Advisors now owns 338,942 shares of the technology company’s stock worth $8,419,000 after purchasing an additional 155,728 shares during the last quarter. Institutional investors and hedge funds own 57.10% of the company’s stock.

Key Stories Impacting AT&T

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

• Positive Sentiment: AT&T reiterated its 2026 and multi-year financial, operational, and capital return guidance, which should reassure investors that management is staying on plan. John Stankey to Update Shareholders at J.P. Morgan Global Technology, Media and Communications Conference on May 19
• Positive Sentiment: AT&T Fiber was ranked #1 in customer satisfaction for the fourth year in a row by the American Customer Satisfaction Index, reinforcing the competitiveness of its broadband offering. Four Years at #1: AT&T Fiber Customers Are the Happiest
• Positive Sentiment: Management commentary at the J.P. Morgan conference emphasized fiber and 5G investments, which supports AT&T’s long-term growth and convergence strategy. AT&T Inc. (T) Presents at J.P. Morgan 54th Annual Global Technology, Media and Communications Conference Transcript
• Neutral Sentiment: Media coverage framed AT&T as a value stock and compared it with Verizon, but this appears more like investor commentary than a direct catalyst. Why AT&T (T) is a Top Value Stock for the Long-Term
• Neutral Sentiment: AT&T’s CEO said the company is seeking skilled trade workers, reflecting hiring priorities tied to network buildout rather than a material near-term earnings driver. The AI economy is rewriting the American Dream — and blue-collar workers are poised to win
• Negative Sentiment: New travel eSIM plans were described as more expensive, which could be a small headwind for consumer sentiment, though the impact looks limited. AT&T just answered T-Mobile with more expensive travel eSIM plans

About AT&T

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.