NYSE:CTL - Centurylink Stock Price, Forecast & News

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

Centurylink announced a quarterly dividend on Thursday, February 27th. Shareholders of record on Monday, March 9th will be given a dividend of $0.25 per share on Friday, March 20th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 8.28%. The ex-dividend date is Friday, March 6th. View Centurylink's Dividend History.

Centurylink Inc (NYSE:CTL) announced its quarterly earnings results on Wednesday, February, 12th. The technology company reported $0.33 earnings per share (EPS) for the quarter, hitting the Thomson Reuters' consensus estimate of $0.33. The technology company had revenue of $5.57 billion for the quarter, compared to the consensus estimate of $5.55 billion. Centurylink had a negative net margin of 23.52% and a positive return on equity of 10.36%. Centurylink's quarterly revenue was down 3.6% on a year-over-year basis. During the same period last year, the company posted $0.37 EPS. View Centurylink's Earnings History.

Centurylink is scheduled to release their next quarterly earnings announcement on Wednesday, May 13th 2020. View Earnings Estimates for Centurylink.

10 brokers have issued twelve-month price objectives for Centurylink's shares. Their forecasts range from $10.00 to $14.80. On average, they expect Centurylink's share price to reach $12.11 in the next year. This suggests a possible upside of 0.3% from the stock's current price. View Analyst Price Targets for Centurylink.

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Centurylink in the last year. There are currently 5 sell ratings, 3 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Centurylink.

News coverage about CTL stock has been trending extremely negative recently, InfoTrie Sentiment Analysis reports. The research firm identifies positive and negative news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Centurylink earned a coverage optimism score of -4.2 on InfoTrie's scale. They also gave news coverage about the technology company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the stock's share price in the near term. View News Stories for Centurylink.

Centurylink saw a decline in short interest in February. As of February 14th, there was short interest totalling 107,370,000 shares, a decline of 5.9% from the January 30th total of 114,070,000 shares. Based on an average daily volume of 11,740,000 shares, the days-to-cover ratio is presently 9.1 days. Approximately 9.9% of the company's shares are short sold. View Centurylink's Current Options Chain.

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).

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), General Electric (GE), Exxon Mobil (XOM), Bank of America (BAC), Verizon Communications (VZ), Intel (INTC), ANNALY CAP MGMT/SH (NLY) and Pfizer (PFE).

Centurylink's stock is owned by a number of of retail and institutional investors. Top institutional investors include Wealth Quarterback LLC (14.37%), State Street Corp (5.54%), American International Group Inc. (1.87%), Geode Capital Management LLC (1.70%), Bank of New York Mellon Corp (0.93%) and ACR Alpine Capital Research LLC (0.85%). 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 FMR LLC, First Trust Advisors LP, Prudential Financial Inc., Bank of New York Mellon Corp, Caisse DE Depot ET Placement DU Quebec, Teacher Retirement System of Texas, ACR Alpine Capital Research LLC and Beck Mack & Oliver LLC. View Insider Buying and Selling for Centurylink.

CTL stock was bought by a variety of institutional investors in the last quarter, including Wealth Quarterback LLC, American International Group Inc., Amundi Pioneer Asset Management Inc., Robeco Institutional Asset Management B.V., Janus Henderson Group PLC, Schroder Investment Management Group, Todd Asset Management LLC and M&G Investment Management Ltd.. Company insiders that have bought Centurylink stock in the last two years include Harvey P Perry, Holdings (Private) Ltd Temasek, Indraneel Dev, Jeffrey K Storey, Kevin P Chilton, Steven T Clontz, T Michael Glenn and William Bruce Hanks. View Insider Buying and Selling 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 $12.08.

Centurylink has a market capitalization of $13.17 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 45,000 workers across the globe.View Additional Information About Centurylink.

The official website for Centurylink is http://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]