Lumen Technologies, Inc. (LUMN)
| Market Cap | 14.30B |
| Revenue (ttm) | 20.25B |
| Net Income (ttm) | -942.00M |
| Shares Out | 1.09B |
| EPS (ttm) | -0.87 |
| PE Ratio | n/a |
| Forward PE | 9.84 |
| Dividend | $1.00 (7.73%) |
| Ex-Dividend Date | Aug 27, 2021 |
| Volume | 9,170,201 |
| Open | 12.72 |
| Previous Close | 12.73 |
| Day's Range | 12.70 - 13.02 |
| 52-Week Range | 8.04 - 15.68 |
| Beta | 1.06 |
| Analysts | Hold |
| Price Target | 11.56 (-10.6%) |
| Est. Earnings Date | Nov 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...
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 StatementsAnalyst 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.
News
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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...
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.
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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...
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...
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...
This Company Might Cut Its Dividend, but Its Stock Could Soar
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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...
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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 ...
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...
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Why Shares of Lumen Technologies Tumbled 8.8% Today
The old telecom company provided a mixed quarterly update after announcing two divestitures.
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.
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...
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.
Lumen Technologies Lines Up a Big Asset Sale
But it's not the one people were expecting based on recent media reports.
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...
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.
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...
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 ...
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...
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...