Lumen Technologies, Inc. (LUMN)

NYSE: LUMN · IEX Real-Time Price · USD
5.26
-0.35 (-6.24%)
At close: Feb 3, 2023, 4:00 PM
5.23
-0.03 (-0.57%)
After-hours: Feb 3, 2023, 7:59 PM EST
-6.24%
Market Cap 5.44B
Revenue (ttm) 18.53B
Net Income (ttm) 2.03B
Shares Out 1.03B
EPS (ttm) 2.00
PE Ratio 2.63
Forward PE 7.69
Dividend $0.75 (14.26%)
Ex-Dividend Date Aug 29, 2022
Volume 42,994,922
Open 5.45
Previous Close 5.61
Day's Range 5.19 - 5.50
52-Week Range 4.96 - 12.87
Beta 0.97
Analysts Sell
Price Target 6.87 (+30.61%)
Earnings Date Feb 7, 2023

About LUMN

Lumen Technologies, Inc., a facilities-based technology and communications company, provides various integrated products and services under the Lumen, Quantum Fiber, and CenturyLink brands to business and residential customers in the United States and internationally. The company operates in two segments, Business and Mass Markets. It offers compute and application services, such as cloud services, IT solutions, unified communication and collaboration solutions, colocation and data center services, content delivery services, and managed securit... [Read more]

IPO Date Dec 15, 1972
Employees 29,000
Stock Exchange NYSE
Ticker Symbol LUMN
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 19 analysts, the average rating for LUMN stock is "Sell." The 12-month stock price forecast is $6.87, which is an increase of 30.61% from the latest price.

Price Target
$6.87
(30.61% upside)
Analyst Consensus: Sell
Stock Forecasts

News

Lumen Reshaping Executive Leadership Team to Drive Simplification, Customer Obsession

Changes position the company for growth and success DENVER , Feb. 2, 2023 /PRNewswire/ -- To serve customers better and best position the company for growth, Lumen Technologies (NYSE: LUMN) is making ...

2 days ago - PRNewsWire

Lumen wins $223 million Defense Information Systems Agency contract

Company will provide secure, mission-critical communications services WASHINGTON , Feb. 2, 2023 /PRNewswire/ -- Lumen Technologies (NYSE: LUMN) recently won a $223 million contract from the U.S. Defen...

3 days ago - PRNewsWire

Lumen (LUMN) Q4 Earnings Coming Up: Here's What to Expect

Lumen's (LUMN) Q4 performance is likely to have been affected by supply-chain troubles, inflation and macroeconomic weakness.

3 days ago - Zacks Investment Research

Sterling Ranch Plans to Roll Out up to 8-Gig Internet in Partnership With Lumen

STERLING RANCH, Colo.--(BUSINESS WIRE)--Sterling Ranch, Colorado's 21st century master-planned community with more than 1,600 occupied homes (12,000-plus residences are planned) on 3,400 acres, is p...

1 week ago - Business Wire

Lumen Kicks up its 400G Offering Across the U.S.

Customer demand drives wavelength network investment in 2023 DENVER , Jan. 25, 2023 /PRNewswire/ -- Businesses need two things to grow their digital platforms – fiber and massive connectivity. Lumen T...

1 week ago - PRNewsWire

Low-Priced Stocks Still Paying Dividends

The quarterly dividend is a surefire way to get quick returns on your stock portfolio, but they are not always easy to find. Escalating interest rates coupled with seemingly unfettered inflation can c...

Other symbols: HBIRITMUMC
1 week ago - MarketBeat

The 7 Highest-Paying Dividend Stocks for Income Lovers

Income lovers are no doubt on the hunt for the highest-paying dividend stocks. Of course, investors must be aware of the risk that comes with the highest-paying dividend stocks.

Other symbols: BHPECNFEPBRSBLKZIM
1 week ago - InvestorPlace

Lumen Technologies: Bye Bye Dividends, Hello Share Buybacks

Lumen Technologies ( LUMN , Financial) is one of the largest communications infrastructure providers in the United States and plays an integral role in making up the backbone of the entire internet, t...

2 weeks ago - GuruFocus

Lumen Technologies sets fourth quarter 2022 earnings call date

DENVER , Jan. 10, 2023 /PRNewswire/ -- Lumen Technologies (NYSE: LUMN), will release its fourth quarter 2022 results on February 7, 2023. The company will broadcast a live conference call on its Inves...

3 weeks ago - PRNewsWire

Lumen Technologies, Inc. (LUMN) Is a Trending Stock: Facts to Know Before Betting on It

Lumen (LUMN) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.

1 month ago - Zacks Investment Research

Lumen Hires Ashley Haynes-Gaspar as Executive Vice President - Customer Success, Wholesale and International

DENVER , Jan. 5, 2023 /PRNewswire/ -- Lumen Technologies (NYSE: LUMN) has named Ashley Haynes-Gaspar Executive Vice President – Customer Success, Wholesale and International. Her first day will be Jan...

1 month ago - PRNewsWire

Investors Heavily Search Lumen Technologies, Inc. (LUMN): Here is What You Need to Know (Revised)

Lumen (LUMN) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

1 month ago - Zacks Investment Research

Lumen Technologies to Present at Citi's 2023 Communications, Media & Entertainment Conference

DENVER , Dec. 29, 2022 /PRNewswire/ -- Kate Johnson, president and chief executive officer at Lumen Technologies (NYSE: LUMN), will present at Citi's 2023 Communications, Media & Entertainment Confere...

1 month ago - PRNewsWire

Investors Heavily Search Lumen Technologies, Inc. (LUMN): Here is What You Need to Know

Lumen (LUMN) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

1 month ago - Zacks Investment Research

Here is What to Know Beyond Why Lumen Technologies, Inc. (LUMN) is a Trending Stock

Lumen (LUMN) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

1 month ago - Zacks Investment Research

Lumen (LUMN) Continues to Expand Fiber Network Across U.S.

Lumen (LUMN) plans to grow the company's fiber line by 6 million miles to develop an ultra-low-loss fiber network to meet rising fiber needs.

2 months ago - Zacks Investment Research

Lumen expands Genesys partnership to offer holistic, cloud-based solution for contact centers

Lumen's global network now paired with experience-orchestration capability from Genesys DENVER , Dec. 7, 2022 /PRNewswire/ -- Contact centers are looking to transition quickly from physical, on-premis...

2 months ago - PRNewsWire

Lumen Invests to Expand U.S. Intercity Network by 6 Million Fiber Miles

Multi-conduit infrastructure and ultra-low-loss fiber set Lumen network apart from competitors DENVER , Dec. 6, 2022 /PRNewswire/ -- Lumen Technologies (NYSE: LUMN) has been diligent in responding to ...

2 months ago - PRNewsWire

Lumen Technologies, Inc. (LUMN) is Attracting Investor Attention: Here is What You Should Know

Zacks.com users have recently been watching Lumen (LUMN) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

2 months ago - Zacks Investment Research

Lumen Technologies to Present at the UBS Global TMT Conference

DENVER , Nov. 29, 2022 /PRNewswire/ -- Chris Stansbury, executive vice president and chief financial officer at Lumen Technologies (NYSE: LUMN), will present at the UBS Global TMT Conference on Decemb...

2 months ago - PRNewsWire

Lumen Technologies to Present at the 6th Annual Wells Fargo TMT Summit

DENVER , Nov. 23, 2022 /PRNewswire/ -- Chris Stansbury, executive vice president and chief financial officer at Lumen Technologies (NYSE: LUMN), will present at the 6th Annual Wells Fargo TMT Summit o...

2 months ago - PRNewsWire

After Nixing its 13% Dividend, Is Lumen Technologies Okay To Own?

The Company changed its name from CenturyLink to Lumen Technologies in 2020, the company has been shedding some of its businesses to pay down debt

2 months ago - MarketBeat

Lumen stock heads for worst year on record but is still overvalued, analyst says

Shares of Lumen Technologies Inc. have lost more than half their value this year and are headed for their worst yearly performance on record, but MoffettNathanson's Nick Del Deo said even after its sh...

2 months ago - Market Watch

Lumen's ultra-fast fiber move is massive

Quantum Fiber expanding fiber-fast speeds to millions in U.S. cities DENVER , Nov. 16, 2022 /PRNewswire/ -- Lumen Technologies (NYSE: LUMN) is aggressively expanding its premier residential and small ...

2 months ago - PRNewsWire

Lumen (LUMN) Expands Edge Computing Solutions Across APAC

Lumen Technologies (LUMN) launches Edge Bare Metal services to reduce latency and improve security and connectivity.

3 months ago - Zacks Investment Research