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

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

Wall Street analysts have given Telefonaktiebolaget LM Ericsson (publ) a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Telefonaktiebolaget LM Ericsson (publ) wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
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Telefonaktiebolaget LM Ericsson (publ) is scheduled to release its next quarterly earnings announcement on Wednesday, April 28th 2021.
View our earnings forecast for Telefonaktiebolaget LM Ericsson (publ).

Telefonaktiebolaget LM Ericsson (publ) (NASDAQ:ERIC) posted its quarterly earnings results on Thursday, January, 28th. The communications equipment provider reported $0.27 earnings per share for the quarter, topping analysts' consensus estimates of $0.21 by $0.06. The communications equipment provider earned $69.59 billion during the quarter, compared to the consensus estimate of $67.85 billion. Telefonaktiebolaget LM Ericsson (publ) had a trailing twelve-month return on equity of 20.57% and a net margin of 6.35%. The company's revenue was up 4.8% on a year-over-year basis. During the same period in the previous year, the company earned $1.33 earnings per share.
View Telefonaktiebolaget LM Ericsson (publ)'s earnings history.

Telefonaktiebolaget LM Ericsson (publ)'s stock was trading at $7.12 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, ERIC stock has increased by 76.0% and is now trading at $12.53.
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Telefonaktiebolaget LM Ericsson (publ) pays an annual dividend of $0.10 per share and currently has a dividend yield of 0.80%. The dividend payout ratio of Telefonaktiebolaget LM Ericsson (publ) is 90.91%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, Telefonaktiebolaget LM Ericsson (publ) will have a dividend payout ratio of 13.16% 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.

16 brokers have issued twelve-month price targets for Telefonaktiebolaget LM Ericsson (publ)'s stock. Their forecasts range from $11.00 to $17.00. On average, they expect Telefonaktiebolaget LM Ericsson (publ)'s stock price to reach $13.63 in the next twelve months. This suggests a possible upside of 8.7% from the stock's current price.
View analysts' price targets for Telefonaktiebolaget LM Ericsson (publ) or view top-rated stocks among Wall Street analysts.

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.

Some companies that are related to Telefonaktiebolaget LM Ericsson (publ) include QUALCOMM (QCOM), Ntt Docomo (DCMYY), Motorola Solutions (MSI), Nokia (NOK), Ubiquiti (UI), Viasat (VSAT), CommScope (COMM), Maxar Technologies (MAXR), EchoStar (SATS), Cambium Networks (CMBM), Loral Space & Communications Inc. (LORL), Vuzix (VUZI), Harmonic (HLIT), Gilat Satellite Networks (GILT) and Casa Systems (CASA).
View all of ERIC's competitors.

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).

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

Telefonaktiebolaget LM Ericsson (publ)'s stock is owned by many different retail and institutional investors. Top institutional shareholders include Renaissance Group LLC (0.02%), Russell Investments Group Ltd. (0.01%), George Kaiser Family Foundation (0.01%), Toronto Dominion Bank (0.00%), Exane Derivatives (0.00%) and Solstein Capital LLC (0.00%).

ERIC stock was sold by a variety of institutional investors in the last quarter, including United Capital Financial Advisers LLC, Russell Investments Group Ltd., and Toronto Dominion Bank.

ERIC stock was purchased by a variety of institutional investors in the last quarter, including Renaissance Group LLC, George Kaiser Family Foundation, Solstein Capital LLC, Campbell & CO Investment Adviser LLC, Exane Derivatives, and Private Capital Group LLC.

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.
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One share of ERIC stock can currently be purchased for approximately $12.53.

Telefonaktiebolaget LM Ericsson (publ) has a market capitalization of $41.78 billion and generates $24.04 billion in revenue each year. The communications equipment provider earns $235.19 million in net income (profit) each year or $0.11 on an earnings per share basis.

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

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.

Telefonaktiebolaget LM Ericsson (publ) was founded in 1876.

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

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

Telefonaktiebolaget LM Ericsson (publ)'s mailing address is TORSHAMNSGATAN 21 - 23, STOCKHOLM V7, 16483. The communications equipment provider can be reached via phone at 46-1-071-900-00 or via email at [email protected]