Sidoti Research Analysts Lower Earnings Estimates for ATNI

ATN International, Inc. (NASDAQ:ATNI) – Sidoti dropped their FY2026 earnings estimates for ATN International in a research note issued to investors on Friday, May 8th. Sidoti analyst G. Burns now anticipates that the technology company will post earnings of $0.44 per share for the year, down from their prior estimate of $0.62. The consensus estimate for ATN International’s current full-year earnings is $0.62 per share.

ATN International (NASDAQ:ATNI) last announced its earnings results on Thursday, May 7th. The technology company reported ($0.18) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.30). The business had revenue of $182.22 million for the quarter, compared to analyst estimates of $183.40 million. ATN International had a positive return on equity of 0.55% and a negative net margin of 1.20%.

Other equities analysts have also issued research reports about the stock. Weiss Ratings lowered shares of ATN International from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Tuesday, March 17th. Wall Street Zen lowered shares of ATN International from a “buy” rating to a “hold” rating in a research report on Saturday, March 21st. One investment analyst has rated the stock with a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Reduce”.

ATN International Stock Performance

Shares of ATNI opened at $26.79 on Tuesday. The company has a 50-day moving average of $27.05 and a two-hundred day moving average of $23.77. The company has a current ratio of 1.21, a quick ratio of 1.19 and a debt-to-equity ratio of 1.01. The stock has a market cap of $412.03 million, a P/E ratio of -27.06, a PEG ratio of 4.28 and a beta of 0.54. ATN International has a 12-month low of $13.76 and a 12-month high of $30.45.

ATN International Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, April 10th. Investors of record on Tuesday, March 31st were issued a $0.275 dividend. This represents a $1.10 dividend on an annualized basis and a yield of 4.1%. The ex-dividend date was Tuesday, March 31st. ATN International’s payout ratio is presently -111.11%.

Institutional Investors Weigh In On ATN International

Institutional investors have recently bought and sold shares of the stock. Bank of New York Mellon Corp grew its stake in ATN International by 0.9% during the first quarter. Bank of New York Mellon Corp now owns 122,634 shares of the technology company’s stock worth $3,338,000 after buying an additional 1,132 shares during the period. Segall Bryant & Hamill LLC purchased a new position in shares of ATN International in the fourth quarter valued at $448,000. Ameriprise Financial Inc. boosted its stake in shares of ATN International by 7.2% in the second quarter. Ameriprise Financial Inc. now owns 35,886 shares of the technology company’s stock valued at $583,000 after purchasing an additional 2,397 shares during the period. Marshall Wace LLP boosted its stake in shares of ATN International by 137.9% in the second quarter. Marshall Wace LLP now owns 47,804 shares of the technology company’s stock valued at $777,000 after purchasing an additional 27,714 shares during the period. Finally, Gamco Investors INC. ET AL boosted its stake in shares of ATN International by 17.1% in the second quarter. Gamco Investors INC. ET AL now owns 70,221 shares of the technology company’s stock valued at $1,141,000 after purchasing an additional 10,253 shares during the period. 65.50% of the stock is currently owned by hedge funds and other institutional investors.

ATN International Company Profile

ATN International, Inc (NASDAQ: ATNI) is a diversified provider of telecommunications services that operates through a combination of wireless, wireline and broadband networks. Headquartered in Beverly, Massachusetts, the company offers a range of voice and data solutions to residential, commercial and wholesale customers. Its core offerings include long-distance voice services, fixed-line telephony, broadband internet access and network infrastructure solutions.

Through its business segments, ATN delivers tailored communications products to underserved markets across the Caribbean, Latin America, parts of the Pacific and select rural regions of the United States.