Lumen Technologies, Inc. (LUMN)

NYSE: LUMN · IEX Real-Time Price · USD
12.13 -0.21 (-1.70%)
Jan 18, 2022 4:00 PM EST - Market closed
Market Cap12.42B
Revenue (ttm)19.97B
Net Income (ttm)-764.00M
Shares Out1.02B
EPS (ttm)-0.71
PE Ration/a
Forward PE8.31
Dividend$1.00 (8.24%)
Ex-Dividend DateNov 26, 2021
Volume12,979,384
Open12.38
Previous Close12.34
Day's Range11.93 - 12.48
52-Week Range10.87 - 16.60
Beta0.98
AnalystsHold
Price Target11.30 (-6.8%)
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

Financial Statements

Analyst Forecast

According to 14 analysts, the average rating for LUMN stock is "Hold." The 12-month stock price forecast is 11.30, which is a decrease of -6.84% from the latest price.

Price Target
$11.30
(-6.84% downside)
Analyst Consensus: Hold

News

LUMN Stock Alert: Why Lumen Technologies Is Headed Lower Today

Lumen Technologies (LUMN) stock is taking a beating on Thursday following a massive block trade that took place overnight. The post LUMN Stock Alert: Why Lumen Technologies Is Headed Lower Today appeare...

5 days ago - InvestorPlace

What to Make of Lumen Technologies' Decision to Sell a Huge Chunk of Its Telecom Business

The company is set to close some major asset sales in 2022.

6 days ago - The Motley Fool

Lumen Technologies sets fourth quarter 2021 earnings call date

DENVER, Jan. 5, 2022 /PRNewswire/ -- Lumen Technologies (NYSE: LUMN), will release its fourth quarter 2021 results on Feb. 9, 2022. The company will broadcast a live conference call on its Investor Rela...

1 week ago - PRNewsWire

Lumen Technologies to Present at the Citi AppsEconomy Conference

DENVER, Dec. 30, 2021 /PRNewswire/ -- Jeff Storey, president and chief executive officer at Lumen Technologies (NYSE: LUMN), will present at the Citi AppsEconomy Conference on Jan. 6. The presentation i...

2 weeks ago - PRNewsWire

Should You Scoop Up These 10 Highest-Yielding Dividend Stocks of 2021?

Their big payouts are tempting, but these particular income-producing equities are priced cheap for a reason.

Other symbols:KMIMOOKEPMPPLTVLOWMB
1 month ago - The Motley Fool

2 Ultra-High-Yield Dividend Stocks to Buy Hand Over Fist in December

These high-yield dividend stocks should provide relatively safe returns in the current volatile market environment.

Other symbols:EPD
1 month ago - The Motley Fool

Lumen Lands U.S. Army Reserve Network Contract

WASHINGTON, Dec. 9, 2021 /PRNewswire/ -- The U.S. Army Reserve Command (USARC) recently selected Lumen Technologies (NYSE: LUMN) to provide Virtual Private Network (VPN) services, including remote acces...

1 month ago - PRNewsWire

Lumen Technologies to Present at the UBS Global TMT Virtual Conference

DENVER, Dec. 2, 2021 /PRNewswire/ -- Shaun Andrews, executive vice president and chief marketing officer at Lumen Technologies (NYSE: LUMN), will present at the UBS Global TMT Virtual Conference on Dec....

1 month ago - PRNewsWire

Brightspeed Appoints Christie Grumbos as Chief Financial Officer

CHARLOTTE, N.C., Dec. 1, 2021 /PRNewswire/ -- Brightspeed today announced the appointment of Christie Grumbos as Chief Financial Officer, effective immediately.

Other symbols:APO
1 month ago - PRNewsWire

Lumen Edge Gateway extends the Lumen platform to deliver IT applications and virtualized services on the edge

DENVER, Dec. 1, 2021 /PRNewswire/ -- Today's businesses require fast provisioning of services across distributed computing architecture to keep up with the pace of change. Lumen Technologies (NYSE: LUMN...

1 month ago - PRNewsWire

TIC 3.0 Compliant Managed Security Service for Remote Work Now Available

WASHINGTON, Nov. 30, 2021 /PRNewswire/ -- With government agencies facing more cyberthreats than ever before, Lumen Technologies (NYSE: LUMN) announced today a new managed security solution for a remote...

1 month ago - PRNewsWire

Lumen Technologies to Present at the 5th Annual Virtual Wells Fargo TMT Summit

DENVER, Nov. 23, 2021 /PRNewswire/ -- Maxine Moreau, president of Mass Markets at Lumen Technologies (NYSE: LUMN), will present at the 5th Annual Virtual Wells Fargo TMT Summit on Dec. 2. The presentati...

1 month ago - PRNewsWire

Lumen Technologies declares quarterly cash dividend

DENVER, Nov. 18, 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 ...

2 months ago - PRNewsWire

Lumen Surprisingly Maintains Its Dividend. Is It Safe?

Declining revenue and a high debt load represent significant threats to the payout.

2 months ago - The Motley Fool

This Popular Dividend Stock Just Jumped 13% After Earnings

An earnings beat helped, but investors were mostly relieved that this telecom giant doesn't plan to cut its dividend.

2 months ago - The Motley Fool

Why Lumen Technologies Stock Was Up by the Mid-Teens Today

This value stock jumped on surprisingly positive commentary during its third-quarter earnings call.

2 months ago - The Motley Fool

Lumen (LUMN) Q3 Earnings Top Estimates, Revenues Down Y/Y

Lower revenues in each of the business units amid a challenging macroeconomic environment along with soft demand for IP and Data services hurt Lumen's (LUMN) third-quarter 2021 performance.

2 months ago - Zacks Investment Research

Lumen Technologies reports third quarter 2021 results

DENVER, Nov. 3, 2021 /PRNewswire/ -- Lumen Technologies, Inc. (NYSE: LUMN) reported results for the third quarter ended Sept. 30, 2021. "Lumen delivered solid free cash flow, and we are pleased with our...

2 months ago - PRNewsWire

Lumen (LUMN) Gears Up for Q3 Earnings: What's in Store?

Lumen (LUMN) is likely to have reported lower year-over-year consolidated revenues in the third quarter of 2021 due to economic uncertainties stemming from the COVID-19 pandemic.

2 months ago - Zacks Investment Research

Final Trades: Nike, Bunge, Lumen & more

The "Halftime Report" traders give their top picks to watch for the second half.

Other symbols:BGNKE
2 months ago - CNBC Television

Lumen and Cisco expand their partnership to help businesses embrace the future of work with advanced communication an...

DENVER, Oct. 25, 2021 /PRNewswire/ -- For the past 18 months, companies have been heavily investing in the unified communications and collaboration (UC&C) tools that are necessary for remote work. Now, ...

Other symbols:CSCO
2 months ago - PRNewsWire

Lumen Technologies sets third quarter 2021 earnings call date

DENVER, Oct. 6, 2021 /PRNewswire/ --  Lumen Technologies (NYSE: LUMN) will release its third quarter 2021 results on Nov. 3, 2021. The company will broadcast a live conference call on its Investor Relat...

3 months ago - PRNewsWire

Is Lumen Technologies (LUMN) a Good Stock for Value Investors?

Let's see if Lumen Technologies, Inc. (LUMN) stock is a good choice for value-oriented investors right now, or if investors subscribing to this methodology should look elsewhere for top picks.

3 months ago - Zacks Investment Research

USPS Selects Lumen for Network Modernization Contract

WASHINGTON, Sept. 28, 2021 /PRNewswire/ -- Lumen Technologies (NYSE: LUMN) announced that it was recently selected by the U.S. Postal Service (USPS) to strengthen and modernize its network services that...

3 months ago - PRNewsWire

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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3 months ago - InvestorPlace