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DOW   33,212.96
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S&P 500   4,158.24
DOW   33,212.96
QQQ   309.10
S&P 500   4,158.24
DOW   33,212.96
QQQ   309.10
S&P 500   4,158.24
DOW   33,212.96
QQQ   309.10
NASDAQ:ERIC

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

$8.25
+0.20 (+2.48%)
(As of 05/27/2022 04:00 PM ET)
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Today's Range
$8.11
$8.26
50-Day Range
$7.46
$9.66
52-Week Range
$7.30
$13.48
Volume
5.01 million shs
Average Volume
10.33 million shs
Market Capitalization
$27.51 billion
P/E Ratio
10.86
Dividend Yield
2.24%
Beta
0.39
30 days | 90 days | 365 days | Advanced Chart
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About Telefonaktiebolaget LM Ericsson (publ)

Telefonaktiebolaget LM Ericsson (publ), together with its subsidiaries, provides communication infrastructure, services, and software solutions to the telecom and other sectors. It operates through four segments: Networks, Digital Services, Managed Services, and Emerging Business and Other. The Networks segment offers radio access network solutions for various network spectrum bands, including integrated high-performing hardware and software. This segment also provides integrated antenna and transport solutions; and a range of service portfolio covering network deployment and support. The Digital Services segment offers software-based solutions for business support systems, operational support systems, communication services, core networks, and cloud infrastructure. The Managed Services segment provides networks and IT managed, network design and optimization, and application development and maintenance services to telecom operators. The Emerging Business and Other segment includes emerging businesses comprising Internet of Things; iconectiv; Cradlepoint that offers wireless edge WAN 4G and 5G enterprise solutions; and Red Bee Media, MediaKind, and other new businesses. It operates in North America, Europe and Latin America, the Middle East and Africa, South East Asia, Oceania, India, North East Asia, and internationally. Telefonaktiebolaget LM Ericsson (publ) was founded in 1876 and is headquartered in Stockholm, Sweden.

Headlines

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Industry, Sector and Symbol

Industry
Radio & t.v. communications equipment
Sub-Industry
N/A
Current Symbol
NASDAQ:ERIC
Employees
100,454
Year Founded
1876

Sales & Book Value

Annual Sales
$27.08 billion
Cash Flow
$1.23 per share
Book Value
$3.75 per share

Profitability

Net Income
$2.65 billion
Pretax Margin
12.18%

Debt

Price-To-Earnings

Miscellaneous

Outstanding Shares
3,334,000,000
Free Float
N/A
Market Cap
$27.51 billion
Optionable
Optionable

Company Calendar

Ex-Dividend for 3/31 Dividend
3/30/2022
Dividend Payable
3/31/2022
Last Earnings
4/14/2022
Today
5/28/2022
Next Earnings (Estimated)
7/15/2022
Fiscal Year End
12/31/2022

Social Links


MarketRank

Overall MarketRank

2.51 out of 5 stars

Computer And Technology Sector

189th out of 933 stocks

Radio & T.V. Communications Equipment Industry

9th out of 37 stocks

Analyst Opinion: 4.2Community 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?

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Telefonaktiebolaget LM Ericsson (publ) in the last year. There are currently 1 sell rating, 7 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" Telefonaktiebolaget LM Ericsson (publ) stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ERIC, but not buy additional shares or sell existing shares.
View analyst ratings for Telefonaktiebolaget LM Ericsson (publ)
or view top-rated stocks.

Are investors shorting Telefonaktiebolaget LM Ericsson (publ)?

Telefonaktiebolaget LM Ericsson (publ) saw a decrease in short interest during the month of May. As of May 15th, there was short interest totaling 5,930,000 shares, a decrease of 31.0% from the April 30th total of 8,600,000 shares. Based on an average trading volume of 10,780,000 shares, the days-to-cover ratio is presently 0.6 days. Currently, 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 Friday, July 15th 2022.
View our earnings forecast for Telefonaktiebolaget LM Ericsson (publ)
.

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

Telefonaktiebolaget LM Ericsson (publ) (NASDAQ:ERIC) posted its quarterly earnings results on Thursday, April, 14th. The communications equipment provider reported $0.10 earnings per share for the quarter, missing analysts' consensus estimates of $0.15 by $0.05. The communications equipment provider earned $5.90 billion during the quarter, compared to analyst estimates of $5.88 billion. Telefonaktiebolaget LM Ericsson (publ) had a net margin of 9.47% and a trailing twelve-month return on equity of 23.65%.
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 Thursday, January 27th. Investors of record on Thursday, March 31st will be given a dividend of $0.089 per share on Thursday, March 31st. The ex-dividend date is Wednesday, March 30th. This is a boost from Telefonaktiebolaget LM Ericsson (publ)'s previous dividend of $0.08.
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 $0.18 per share and currently has a dividend yield of 2.24%. The dividend payout ratio of Telefonaktiebolaget LM Ericsson (publ) is 23.68%. 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 20.93% 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?

15 analysts have issued 1-year price objectives for Telefonaktiebolaget LM Ericsson (publ)'s shares. Their forecasts range from $13.00 to $130.00. On average, they anticipate Telefonaktiebolaget LM Ericsson (publ)'s stock price to reach $81.67 in the next year. This suggests a possible upside of 889.9% 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:
  • Mr. E. Borje Ekholm MBA, MSc, Pres, CEO & Director (Age 59)
  • Mr. Arun Bansal, Exec. VP and Head of Market Area Europe & Latin America (Age 54)
  • Mr. Fredrik Jejdling, Exec. VP, Head of Bus. Area Network & Head of Segment Networks (Age 53)
  • Mr. Carl Mellander, Sr. VP, CFO and Head of Group Function Fin. & Common Functions (Age 58)
  • Ms. Eva-Britt Allenius, Chief Accounting Officer
  • Mr. Erik Ekudden, Sr. VP, CTO & Head of Group Function Technology (Age 54)
  • Mr. Peter Nyquist, VP & Head of Investor Relations (Age 57)
  • Mr. Scott Dresser, Sr. VP, Chief Legal Officer, Head of Group Function Legal Affairs & Compliance and Sec. (Age 55)
  • Peter Olofsson, Head of Corp. Communications
  • Ms. Stella Medlicott, SVP, Chief Marketing & Communications Officer and Head of Group Function Mktg. & Corp. Relations (Age 53)
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 Oyj (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 shareholders include AGF Investments Inc. (0.13%), PEAK6 Investments LLC (0.00%), Twin Tree Management LP (0.00%), Henry James International Management Inc. (0.02%), Group One Trading L.P. (0.00%) and Madison Asset Management LLC (0.01%).

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

ERIC stock was sold by a variety of institutional investors in the last quarter, including Group One Trading L.P., PEAK6 Investments LLC, Alan B. Lancz & Associates Inc., Simplex Trading LLC, BNP Paribas Arbitrage SA, Henry James International Management Inc., George Kaiser Family Foundation, and Madison Asset Management LLC.

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

ERIC stock was bought by a variety of institutional investors in the last quarter, including AGF Investments Inc., Twin Tree Management LP, Walleye Trading LLC, Jane Street Group LLC, and Clear Street Markets LLC.

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 $8.25.

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

Telefonaktiebolaget LM Ericsson (publ) has a market capitalization of $27.51 billion and generates $27.08 billion in revenue each year. The communications equipment provider earns $2.65 billion in net income (profit) each year or $0.759990 on an earnings per share basis.

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

Telefonaktiebolaget LM Ericsson (publ) employs 100,454 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.

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 5/29/2022 by MarketBeat.com Staff

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