NYSE:CTLCenturylink Stock Price, Forecast & News

Centurylink's stock was trading at $10.36 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, CTL shares have decreased by 1.8% and is now trading at $10.17. View which stocks have been most impacted by Coronavirus.

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Centurylink in the last year. There are currently 6 sell ratings, 4 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Centurylink.

Centurylink is scheduled to release its next quarterly earnings announcement on Wednesday, August 5th 2020. View our earnings forecast for Centurylink.

Centurylink Inc (NYSE:CTL) issued its earnings results on Wednesday, May, 6th. The technology company reported $0.37 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.35 by $0.02. The technology company earned $5.23 billion during the quarter, compared to the consensus estimate of $5.46 billion. Centurylink had a net margin of 5.50% and a return on equity of 10.70%. Centurylink's revenue was down 7.5% on a year-over-year basis. During the same period last year, the business earned $0.34 earnings per share. View Centurylink's earnings history.

Centurylink announced a quarterly dividend on Wednesday, May 20th. Shareholders of record on Monday, June 1st will be given a dividend of $0.25 per share on Friday, June 12th. This represents a $1.00 annualized dividend and a dividend yield of 9.83%. The ex-dividend date of this dividend is Friday, May 29th. View Centurylink's dividend history.

12 brokerages have issued 1 year target prices for Centurylink's shares. Their forecasts range from $6.00 to $14.00. On average, they expect Centurylink's share price to reach $10.35 in the next twelve months. This suggests a possible upside of 1.7% from the stock's current price. View analysts' price targets for Centurylink.

News stories about CTL stock have been trending somewhat positive this week, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Centurylink earned a daily sentiment score of 0.7 on InfoTrie's scale. They also assigned news articles about the technology company a news buzz of 2.0 out of 10, meaning that recent media coverage is very unlikely to have an effect on the stock's share price in the near term. View the latest news aboutCenturylink.

Some companies that are related to Centurylink include AT&T (T), Verizon Communications (VZ), ATN International (ATNI), Cincinnati Bell (CBB), Consolidated Communications (CNSL), IDT (IDT) and Frontier Communications (FTR). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Centurylink investors own include AT&T (T), Energy Transfer LP Unit (ET), Ford Motor (F), Exxon Mobil (XOM), Intel (INTC), Bank of America (BAC), General Electric (GE), Verizon Communications (VZ), ANNALY CAP MGMT/SH (NLY) and Pfizer (PFE).

Centurylink trades on the New York Stock Exchange (NYSE) under the ticker symbol "CTL."

Centurylink's stock is owned by many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (8.79%), Southeastern Asset Management Inc. TN (6.12%), State Street Corp (5.61%), Geode Capital Management LLC (1.65%), American International Group Inc. (1.63%) and ACR Alpine Capital Research LLC (0.90%). Company insiders that own Centurylink stock include Glen F Post III, Harvey P Perry, Holdings (Private) Ltd Temasek, Indraneel Dev, Jeffrey K Storey, Kevin P Chilton, Laurie Siegel, Scott Trezise, Steven T Clontz, T Michael Glenn and William Bruce Hanks. View institutional ownership trends for Centurylink.

CTL stock was sold by a variety of institutional investors in the last quarter, including Southeastern Asset Management Inc. TN, American International Group Inc., Nuveen Asset Management LLC, BlackRock Inc., Strs Ohio, Morgan Stanley, Morgan Stanley, and Bank of New York Mellon Corp. View insider buying and selling activity for Centurylink.

CTL stock was bought by a variety of institutional investors in the last quarter, including Prudential PLC, Schroder Investment Management Group, Wellington Management Group LLP, State Street Corp, Squarepoint Ops LLC, Invesco Ltd., Poplar Forest Capital LLC, and Swiss National Bank. Company insiders that have bought Centurylink stock in the last two years include Harvey P Perry, Indraneel Dev, Jeffrey K Storey, Kevin P Chilton, Steven T Clontz, T Michael Glenn, and William Bruce Hanks. View insider buying and selling activity for Centurylink.

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

One share of CTL stock can currently be purchased for approximately $10.17.

Centurylink has a market capitalization of $11.16 billion and generates $22.40 billion in revenue each year. The technology company earns $-5,269,000,000.00 in net income (profit) each year or $1.32 on an earnings per share basis. Centurylink employs 42,500 workers across the globe.

The official website for Centurylink is www.centurylink.com.

Centurylink's mailing address is 100 CenturyLink Drive, Monroe LA, 71203. The technology company can be reached via phone at 318-388-9000 or via email at [email protected]