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Lumen Technologies, Inc. (LUMN)

NYSE: LUMN · IEX Real-Time Price · USD
13.00
+0.07 (0.54%)
After-hours:Sep 24, 2021 7:59 PM EDT
12.93
0.20 (1.57%)
At close: Sep 24, 4:00 PM
Market Cap14.30B
Revenue (ttm)20.25B
Net Income (ttm)-942.00M
Shares Out1.09B
EPS (ttm)-0.87
PE Ration/a
Forward PE9.84
Dividend$1.00 (7.73%)
Ex-Dividend DateAug 27, 2021
Volume9,170,201
Open12.72
Previous Close12.73
Day's Range12.70 - 13.02
52-Week Range8.04 - 15.68
Beta1.06
AnalystsHold
Price Target11.56 (-10.6%)
Est. Earnings DateNov 3, 2021

About LUMN

Lumen Technologies, Inc., a facilities-based technology and communications company, provides various integrated services and solutions under CenturyLink name to business and residential customers in the United States and internationally. The company operates through five segments: International and Global Accounts Management, Enterprise, Small and Medium Business, Wholesale, and Consumer. It offers IP and data services, including VPN data network, Ethernet, internet protocol (IP), and content delivery services. The company also offers transport...

IndustryDiversified Telecommunication Services
IPO DateDec 15, 1972
CEOJeffrey Storey
Employees37,000
Stock ExchangeNYSE
Ticker SymbolLUMN
Full Company Profile

Financial Performance

In 2020, LUMN's revenue was $20.71 billion, a decrease of -3.48% compared to the previous year's $21.46 billion. Losses were -$1.23 billion, -76.62% less than in 2019.

Financial Statements

Analyst Forecast

According to 14 analysts, the average rating for LUMN stock is "Hold." The 12-month stock price forecast is 11.56, which is a decrease of -10.60% from the latest price.

Price Target
$11.56
(-10.60% downside)
Analyst Consensus: Hold

News

7 High-Yield Dividend Stocks That Will Please Any Income Lover

These seven dividend stocks, all yielding 5% or more, make great additions to any income investor's portfolio. The post 7 High-Yield Dividend Stocks That Will Please Any Income Lover appeared first on I...

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1 day ago - InvestorPlace

Theory confirmed: Lumen Black Lotus Labs discovers Linux executable files have been deployed as stealth Windows loaders

DENVER, Sept. 16, 2021 /PRNewswire/ -- Black Lotus Labs, the threat intelligence arm of Lumen Technologies (NYSE: LUMN), has proven what was previously just a theory: threat actors can use a Linux binar...

1 week ago - PRNewsWire

Lumen Technologies to Present at the Goldman Sachs 30th Annual Communacopia Conference

DENVER, Sept. 14, 2021 /PRNewswire/ -- Jeff Storey, president and chief executive officer at Lumen Technologies (NYSE: LUMN), will present at the Goldman Sachs 30th Annual Communacopia Conference on Sept.

1 week ago - PRNewsWire

Danger Lurks for These 3 High-Yield Dividend Stocks

Big yields might translate into big problems.

Other symbols:DOWMO
1 week ago - The Motley Fool

7 S&P 500 Dividend Stocks To Buy Yielding 4%

There are 80 companies in the S&P 500 High Dividend Index ETF. Here are seven dividend stocks to buy from this exchange-traded fund that yield at least 4%.

Other symbols:ABBVDOWKMIMOSPYDWU
1 week ago - InvestorPlace

Lumen Technologies to Present at the Bank of America Media, Communications & Entertainment Conference

DENVER, Sept. 8, 2021 /PRNewswire/ -- Shaun Andrews, executive vice president and chief marketing officer at Lumen Technologies (NYSE: LUMN), will present at the Bank of America 2021 Media, Communicatio...

2 weeks ago - PRNewsWire

Lumen Technologies declares quarterly cash dividend

DENVER, Aug. 19, 2021 /PRNewswire/ -- Lumen Technologies (NYSE: LUMN) today announced that its Board of Directors voted to declare a regular quarterly cash dividend of 25 cents per share. The dividend i...

1 month ago - PRNewsWire

Lumen taking private cloud capabilities to the edge

DENVER, Aug. 19, 2021 /PRNewswire/ -- Lumen Technologies (NYSE: LUMN) has introduced Lumen Edge Private Cloud, providing pre-built infrastructure for high performance private computing connected to a gl...

1 month ago - PRNewsWire

This Company Might Cut Its Dividend, but Its Stock Could Soar

Could a dividend cut actually help this telecom's lagging stock price?

Other symbols:APOCHTRT
1 month ago - The Motley Fool

Lumen mitigates 14% more DDoS attacks in Q2 than in Q1

DENVER, Aug. 17, 2021 /PRNewswire/ -- The second quarter of 2021 was particularly active for cybercriminals, and many high-profile events dominated the headlines. To help businesses, government, clients...

1 month ago - PRNewsWire

5 High-Yield Dividend Stocks to Watch

Three of them cut their dividends recently, one will cut its soon, and one is largely overlooked by the market. But all five have real growth potential and could prove to be great long-term buys.

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1 month ago - The Motley Fool

Suspected Pakistani actor modifies its custom remote access trojan with nefarious new capabilities

DENVER, Aug. 11, 2021 /PRNewswire/ -- Black Lotus Labs, the threat intelligence arm of Lumen Technologies (NYSE: LUMN), today announced that ReverseRat – the remote access trojan it discovered just six ...

1 month ago - PRNewsWire

Lumen Technologies to Present at the Cowen 7th Annual Communications Infrastructure Summit

DENVER, Aug. 9, 2021 /PRNewswire/ -- Maxine Moreau, President of Mass Markets at Lumen Technologies (NYSE: LUMN), will present at the Cowen 7th Annual Communications Infrastructure Summit on Aug. 10. Th...

1 month ago - PRNewsWire

Wall Street Hates This Dividend Stock's Latest Plan. I Love It.

The highest-yielding S&P 500 stock may need to cut its dividend next year -- but for a good reason.

1 month ago - The Motley Fool

Why Shares of Lumen Technologies Tumbled 8.8% Today

The old telecom company provided a mixed quarterly update after announcing two divestitures.

1 month ago - The Motley Fool

Lumen (LUMN) Beats Q2 Earnings Estimates, Misses on Revenues

Despite recording lower revenues in each of the business segments due to challenging macroeconomic environment, Lumen (LUMN) beats second-quarter 2021 earnings estimates.

1 month ago - Zacks Investment Research

Lumen Technologies reports second quarter 2021 results

DENVER, Aug. 3, 2021 /PRNewswire/ -- Lumen Technologies, Inc. (NYSE: LUMN) reported results for the second quarter ended June 30, 2021. "Lumen delivered solid Adjusted EBITDA and Free Cash Flow in the s...

1 month ago - PRNewsWire

What's in the Offing for Lumen (LUMN) This Earnings Season?

In the second quarter of 2021, Lumen (LUMN) is likely to have reported lower year-over-year consolidated revenues as a result of the COVID-19-induced uncertainties.

1 month ago - Zacks Investment Research

Lumen Technologies Lines Up a Big Asset Sale

But it's not the one people were expecting based on recent media reports.

1 month ago - The Motley Fool

Lumen launches new on-net subsea fiber route between U.S. and France

DENVER, July 29, 2021 /PRNewswire/ -- In the wake of COVID-19, almost 70% of organizations using cloud services say they plan to increase their cloud spending. This is creating a spike in the demand for...

1 month ago - PRNewsWire

Lumen (LUMN) to Sell Latin American Business for $2.7 Billion

The deal to divest its Latin America-based business is expected to unlock value for Lumen's (LUMN) shareholders.

1 month ago - Zacks Investment Research

Stonepeak To Acquire Lumen's Latin American Business For $2.7B

Lumen Technologies Inc (NYSE: LUMN) agreed to sell its Latin American business to investment firm Stonepeak for $2.7 billion. The business will operate as an independent, U.S. headquartered portfolio co...

1 month ago - Benzinga

Lumen to Sell Latin American Business to Stonepeak for $2.7B

DENVER and NEW YORK, July 26, 2021 /PRNewswire/ --  Lumen Technologies  (NYSE: LUMN) and Stonepeak today announced the signing of a definitive agreement for Lumen to sell its Latin American business to ...

1 month ago - PRNewsWire

Lumen expands its fiber network in Europe

DENVER, July 23, 2021 /PRNewswire/ -- As the 4th Industrial Revolution continues to accelerate business demand for high-speed broadband and presence in the cloud, Lumen Technologies (NYSE: LUMN) has exp...

2 months ago - PRNewsWire

Lumen Wins U.S. Army Recruiting Communications Contract

WASHINGTON, July 22, 2021 /PRNewswire/ -- Lumen Technologies (NYSE: LUMN) announced today it recently won a task order to provide secure high-speed connectivity to the U.S. Army Recruiting Command. Lume...

2 months ago - PRNewsWire