S&P 500   4,397.94
DOW   34,265.37
QQQ   351.69
S&P 500   4,397.94
DOW   34,265.37
QQQ   351.69
S&P 500   4,397.94
DOW   34,265.37
QQQ   351.69
S&P 500   4,397.94
DOW   34,265.37
QQQ   351.69
NASDAQ:ERIC

Telefonaktiebolaget LM Ericsson (publ) Stock Forecast, Price & News

$11.01
-0.25 (-2.22%)
(As of 01/21/2022 04:00 PM ET)
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Today's Range
$10.99
$11.19
50-Day Range
$10.00
$11.41
52-Week Range
$9.93
$15.31
Volume
7.73 million shs
Average Volume
6.03 million shs
Market Capitalization
$36.71 billion
P/E Ratio
15.73
Dividend Yield
1.33%
Beta
0.31
30 days | 90 days | 365 days | Advanced Chart
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Telefonaktiebolaget LM Ericsson (publ) logo

About Telefonaktiebolaget LM Ericsson (publ)

Telefonaktiebolaget LM Ericsson engages in the provision of telecommunications equipment and related services to mobile and fixed network operators. It operates through the following segments: Networks, Digital Services, Managed Services, and Emerging Business and Other. The Networks segment supports all radio-access technologies and offer hardware, software and related services for both radio access and transport. The Digital Services segment provides software and services in the areas of digital business support systems, operational support systems, cloud communication, cloud core, and cloud infrastructure. The Managed Services segment includes networks and information technology managed services, network design and optimization, and application development and maintenance. The Emerging Business and Other segment encompasses emerging business, Iconectiv, Red Bee Media, and Media Solutions. The company was founded by Lars Magnus Ericsson in 1876 and is headquartered in Kista, Sweden.

Headlines

Ericsson sues Apple again over 5G patent licensing
January 18, 2022 |  finance.yahoo.com
Ericsson (ERIC) Poised to Benefit from Solid 5G Momentum
December 29, 2021 |  finance.yahoo.com
See More Headlines

Industry, Sector and Symbol

Industry
Radio & t.v. communications equipment
Sub-Industry
N/A
Current Symbol
NASDAQ:ERIC
Employees
100,824
Year Founded
1876

Sales & Book Value

Annual Sales
$25.33 billion
Cash Flow
$0.88 per share
Book Value
$2.78 per share

Profitability

Net Income
$1.91 billion
Pretax Margin
12.40%

Debt

Price-To-Earnings

Miscellaneous

Outstanding Shares
3,334,000,000
Free Float
N/A
Market Cap
$36.71 billion
Optionable
Optionable

Company Calendar

Last Earnings
10/18/2021
Today
1/22/2022
Next Earnings (Confirmed)
1/25/2022
Fiscal Year End
12/31/2022

Social Links


MarketRank

Overall MarketRank

2.32 out of 5 stars

Computer And Technology Sector

292nd out of 896 stocks

Radio & T.V. Communications Equipment Industry

11th out of 35 stocks

Analyst Opinion: 3.3Community Rank: 4.0Dividend Strength: 2.5Insider Behavior: 0.0Valuation: 1.9 5 -4 -3 -2 -1 -












Telefonaktiebolaget LM Ericsson (publ) (NASDAQ:ERIC) Frequently Asked Questions

Is Telefonaktiebolaget LM Ericsson (publ) a buy right now?

14 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Telefonaktiebolaget LM Ericsson (publ) in the last twelve months. There are currently 2 sell ratings, 3 hold ratings and 9 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Telefonaktiebolaget LM Ericsson (publ) stock.
View analyst ratings for Telefonaktiebolaget LM Ericsson (publ)
or view top-rated stocks.

How has Telefonaktiebolaget LM Ericsson (publ)'s stock price been impacted by COVID-19?

Telefonaktiebolaget LM Ericsson (publ)'s stock was trading at $7.12 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, ERIC stock has increased by 54.6% and is now trading at $11.01.
View which stocks have been most impacted by COVID-19
.

Are investors shorting Telefonaktiebolaget LM Ericsson (publ)?

Telefonaktiebolaget LM Ericsson (publ) saw a increase in short interest in December. As of December 31st, there was short interest totaling 7,200,000 shares, an increase of 43.1% from the December 15th total of 5,030,000 shares. Based on an average trading volume of 6,480,000 shares, the short-interest ratio is currently 1.1 days. Approximately 0.2% of the shares of the company are sold short.
View Telefonaktiebolaget LM Ericsson (publ)'s Short Interest
.

When is Telefonaktiebolaget LM Ericsson (publ)'s next earnings date?

Telefonaktiebolaget LM Ericsson (publ) is scheduled to release its next quarterly earnings announcement on Tuesday, January 25th 2022.
View our earnings forecast for Telefonaktiebolaget LM Ericsson (publ)
.

How can I listen to Telefonaktiebolaget LM Ericsson (publ)'s earnings call?

Telefonaktiebolaget LM Ericsson (publ) will be holding an earnings conference call on Tuesday, January 25th at 3:00 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Telefonaktiebolaget LM Ericsson (publ)'s earnings last quarter?

Telefonaktiebolaget LM Ericsson (publ) (NASDAQ:ERIC) released its quarterly earnings results on Monday, October, 18th. The communications equipment provider reported $0.21 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.19 by $0.02. The communications equipment provider earned $56.30 billion during the quarter, compared to the consensus estimate of $58.16 billion. Telefonaktiebolaget LM Ericsson (publ) had a net margin of 8.71% and a trailing twelve-month return on equity of 23.66%. Telefonaktiebolaget LM Ericsson (publ)'s revenue for the quarter was down 2.1% on a year-over-year basis. During the same period last year, the business earned $0.20 earnings per share.
View Telefonaktiebolaget LM Ericsson (publ)'s earnings history
.

How often does Telefonaktiebolaget LM Ericsson (publ) pay dividends? What is the dividend yield for Telefonaktiebolaget LM Ericsson (publ)?

Telefonaktiebolaget LM Ericsson (publ) announced a dividend on Wednesday, February 24th. Stockholders of record on Thursday, April 1st will be given a dividend of $0.08 per share on Thursday, April 1st. The ex-dividend date of this dividend is Wednesday, March 31st. This is an increase from Telefonaktiebolaget LM Ericsson (publ)'s previous dividend of $0.06.
View Telefonaktiebolaget LM Ericsson (publ)'s dividend history
.

Is Telefonaktiebolaget LM Ericsson (publ) a good dividend stock?

Telefonaktiebolaget LM Ericsson (publ) pays an annual dividend of $0.15 per share and currently has a dividend yield of 1.33%. The dividend payout ratio of Telefonaktiebolaget LM Ericsson (publ) is 21.43%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Telefonaktiebolaget LM Ericsson (publ) will have a dividend payout ratio of 18.99% next year. This indicates that Telefonaktiebolaget LM Ericsson (publ) will be able to sustain or increase its dividend.
View Telefonaktiebolaget LM Ericsson (publ)'s dividend history.

What price target have analysts set for ERIC?

14 brokerages have issued 12-month price targets for Telefonaktiebolaget LM Ericsson (publ)'s shares. Their forecasts range from $13.00 to $18.00. On average, they expect Telefonaktiebolaget LM Ericsson (publ)'s stock price to reach $14.51 in the next year. This suggests a possible upside of 31.7% from the stock's current price.
View analysts' price targets for Telefonaktiebolaget LM Ericsson (publ)
or view top-rated stocks among Wall Street analysts.

Who are Telefonaktiebolaget LM Ericsson (publ)'s key executives?

Telefonaktiebolaget LM Ericsson (publ)'s management team includes the following people:
  • Erik Börje Ekholm, President, Chief Executive Officer & Director
  • Carl Mellander, CFO, Senior VP & Head-Group Function Finance
  • Erik Ekudden, Chief Technology Officer & Senior Vice President
  • Xavier Dedullen, Secretary, Chief Legal Officer & Senior VP
  • Arun Bansal, EVP & Head-Europe & Latin America Region

What is Börje Ekholm's approval rating as Telefonaktiebolaget LM Ericsson (publ)'s CEO?

230 employees have rated Telefonaktiebolaget LM Ericsson (publ) CEO Börje Ekholm on Glassdoor.com. Börje Ekholm has an approval rating of 86% among Telefonaktiebolaget LM Ericsson (publ)'s employees.

What other stocks do shareholders of Telefonaktiebolaget LM Ericsson (publ) own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Telefonaktiebolaget LM Ericsson (publ) investors own include Nokia (NOK), NVIDIA (NVDA), QUALCOMM (QCOM), Advanced Micro Devices (AMD), Cisco Systems (CSCO), Intel (INTC), Micron Technology (MU), AT&T (T), Alibaba Group (BABA) and Tesla (TSLA).

What is Telefonaktiebolaget LM Ericsson (publ)'s stock symbol?

Telefonaktiebolaget LM Ericsson (publ) trades on the NASDAQ under the ticker symbol "ERIC."

Who are Telefonaktiebolaget LM Ericsson (publ)'s major shareholders?

Telefonaktiebolaget LM Ericsson (publ)'s stock is owned by a number of retail and institutional investors. Top institutional investors include Russell Investments Group Ltd. (0.00%) and Cutler Group LP (0.00%).

Which institutional investors are buying Telefonaktiebolaget LM Ericsson (publ) stock?

ERIC stock was purchased by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., and Cutler Group LP.

How do I buy shares of Telefonaktiebolaget LM Ericsson (publ)?

Shares of ERIC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Telefonaktiebolaget LM Ericsson (publ)'s stock price today?

One share of ERIC stock can currently be purchased for approximately $11.01.

How much money does Telefonaktiebolaget LM Ericsson (publ) make?

Telefonaktiebolaget LM Ericsson (publ) has a market capitalization of $36.71 billion and generates $25.33 billion in revenue each year. The communications equipment provider earns $1.91 billion in net income (profit) each year or $0.70 on an earnings per share basis.

How many employees does Telefonaktiebolaget LM Ericsson (publ) have?

Telefonaktiebolaget LM Ericsson (publ) employs 100,824 workers across the globe.

Does Telefonaktiebolaget LM Ericsson (publ) have any subsidiaries?

The following companies are subsidiares of Telefonaktiebolaget LM Ericsson (publ): *REDBACK NETWORKS, AB Aulis, Advanced Computer Communications, Airvana - EVDO business, Allolio&Konrad, Ambient Corporation, Apcera, Aspex Semiconductor, Axxessit AS, Azuki systems, BelAir Networks, CENX, Companía Ericsson S.A.C.I., ConceptWave Software, CradlePoint, Datacenter i Mjärdevi Aktiebolag, Datacenter i Rosersberg AB, Drutt Corporation, Entrisphere, Envivio, Ericpol, Ericsson (China) Company Ltd., Ericsson (Malaysia) Sdn. Bhd., Ericsson (Thailand) Ltd., Ericsson A/S, Ericsson AB, Ericsson AG, Ericsson Amplified Technologies, Ericsson Austria GmbH, Ericsson Canada Inc., Ericsson Corporatia AO, Ericsson Credit AB, Ericsson Danmark A/S, Ericsson España S.A., Ericsson Germany GmbH, Ericsson Holding II Inc., Ericsson Holding International B.V., Ericsson Holdings Ltd., Ericsson Hungary Ltd., Ericsson India Global Services PVT. Ltd, Ericsson India Private Ltd., Ericsson Ltd., Ericsson Media Solutions Ltd, Ericsson Participations France SAS, Ericsson Shared Services AB, Ericsson South Africa PTY. Ltd, Ericsson Taiwan Ltd., Ericsson Telecom S.A. de C.V., Ericsson Telecommunications Pte. Ltd., Ericsson Telecomunicazioni S.p.A., Ericsson Television, Ericsson Television AS, Ericsson-LG CO Ltd., FYI Television, Fabrix Systems, GEOSS, L M Ericsson Limited, LHS AG, Marconi Corporation plc, MetraTech, Microsoft Mediaroom, Netspira Networks, Netwise AB, NodePrime, Optimi Corporation, Oy LM Ericsson Ab, Pride SpA, Red Bee Media, Redback Networks, Sentilla, Technicolor - Broadcast Services, Teleca, Teleric Pty Ltd., TimelessMIND, and iconectiv.

When was Telefonaktiebolaget LM Ericsson (publ) founded?

Telefonaktiebolaget LM Ericsson (publ) was founded in 1876.

What is Telefonaktiebolaget LM Ericsson (publ)'s official website?

The official website for Telefonaktiebolaget LM Ericsson (publ) is www.ericsson.com.

Where are Telefonaktiebolaget LM Ericsson (publ)'s headquarters?

Telefonaktiebolaget LM Ericsson (publ) is headquartered at TORSHAMNSGATAN 21 - 23, STOCKHOLM V7, 16483.

How can I contact Telefonaktiebolaget LM Ericsson (publ)?

Telefonaktiebolaget LM Ericsson (publ)'s mailing address is TORSHAMNSGATAN 21 - 23, STOCKHOLM V7, 16483. The communications equipment provider can be reached via phone at (610) 719-0000, via email at [email protected], or via fax at 46-8719-4222.


This page was last updated on 1/22/2022 by MarketBeat.com Staff

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