NYSE:CTLCenturylink Stock Price, Forecast & News

$10.61

+0.37 (+3.61 %)

(As of 06/3/2020 04:00 PM ET)

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Today's Range

$10.30

Now: $10.61▼

$10.73

50-Day Range

$9.19

MA: $9.95▼

$11.02

52-Week Range

$8.16

Now: $10.61▼

$15.30

Volume12.51 million shs

Average Volume13.00 million shs

Market Capitalization$11.64 billion

P/E Ratio9.39

Dividend Yield9.77%

Beta0.98

CenturyLink, Inc. provides various communications services to residential, business, wholesale, and governmental customers in the United States and internationally. The company operates in two segments, Business and Consumer. It offers VPN data network services; Ethernet services; Internet protocol (IP) services; facilities-based Prism TV service, as well as satellite digital television services; CDN services; and Vyvx broadcast services. The company also provides broadband services, which allow customers to connect to the Internet through their existing telephone lines or fiber-optic cables; private line services for transmission of data between sites; wavelength services; and colocation and data center services, such as hosting, cloud, and managed solutions. In addition, it offers network management, installation and maintenance of data equipment, and building of fiber-optic broadband networks; professional services; and network security services, as well as sells equipment. Further, the company offers voice services; voice over IP services; and managed services comprising network, hosting, cloud, and information technology services, as well as leases and subleases space in its office buildings, warehouses, and other properties. As of December 31, 2018, it served approximately 4.8 million broadband subscribers. CenturyLink, Inc. was founded in 1968 and is based in Monroe, Louisiana.

Beat the Market (BTM) Rank^™

1.8 Analyst's Opinion

Consensus Rating
Centurylink has received a consensus rating of Hold. The company's average rating score is 1.67, and is based on 2 buy ratings, 4 hold ratings, and 6 sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $10.35, Centurylink has a potential downside of 2.5% from its current price of $10.61.
Amount of Analyst Coverage
Centurylink has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.2 Community Rank

Outperform Votes
Centurylink has received 563 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Centurylink has received 708 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Centurylink has received 55.70% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Centurylink and other stocks. Vote “Outperform” if you believe CTL will outperform the S&P 500 over the long term. Vote “Underperform” if you believe CTL will underperform the S&P 500 over the long term. You may vote once every thirty days.

2.5 Dividend Strength

Dividend Leadership
Centurylink is a leading dividend payer. It pays a dividend yield of 9.77%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Centurylink does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Centurylink is 75.76 %. Payout ratios above 75% are not desirable because they may not be sustainable.
Dividend Sustainability
Based on earnings estimates, Centurylink will have a dividend payout ratio of 74.63 % next year. This indicates that Centurylink will be able to sustain or increase its dividend.

4.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Centurylink insiders have bought more of their company's stock than they have sold. Specifically, they have bought $362,500.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 0.60% of the stock of Centurylink is held by insiders.
Percentage Held by Institutions
77.30% of the stock of Centurylink is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9 Earnings and Valuation

Earnings Growth
Earnings for Centurylink are expected to decrease by -0.74% in the coming year, from $1.35 to $1.34 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Centurylink is 9.39, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 16.14.
Price to Earnings Ratio vs. Sector
The P/E ratio of Centurylink is 9.39, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 41.34.
Price to Earnings Growth Ratio
Centurylink has a PEG Ratio of 1.25. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Centurylink has a P/B Ratio of 0.86. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.48 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Telephone communication, except radio

Sub-IndustryIntegrated Telecommunication Services

SectorComputer and Technology

Current SymbolNYSE:CTL

Previous Symbol

CUSIP15670010

CIK18926

Webwww.centurylink.com

Phone318-388-9000

Debt

Debt-to-Equity Ratio2.62

Current Ratio0.82

Quick Ratio0.82

Price-To-Earnings

Trailing P/E Ratio9.39

Forward P/E Ratio7.86

P/E Growth1.25

Sales & Book Value

Annual Sales$22.40 billion

Price / Sales0.52

Cash Flow$5.99 per share

Price / Cash Flow1.77

Book Value$12.35 per share

Price / Book0.86

Profitability

EPS (Most Recent Fiscal Year)$1.32

Net Income$-5,269,000,000.00

Net Margins5.50%

Return on Equity10.70%

Return on Assets2.24%

Miscellaneous

Employees42,500

Outstanding Shares1,097,502,000

Market Cap$11.64 billion

Next Earnings Date8/5/2020 (Estimated)

OptionableOptionable

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Centurylink (NYSE:CTL) Frequently Asked Questions

How has Centurylink's stock been impacted by COVID-19 (Coronavirus)?

Centurylink's stock was trading at $10.36 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, CTL shares have increased by 2.4% and is now trading at $10.61. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Centurylink?

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.

When is Centurylink's next earnings date?

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

How were Centurylink's earnings last quarter?

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

How often does Centurylink pay dividends? What is the dividend yield for Centurylink?

Centurylink declared a quarterly dividend on Wednesday, May 20th. Investors 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 9.43%. The ex-dividend date is Friday, May 29th. View Centurylink's dividend history.

What price target have analysts set for CTL?

12 Wall Street analysts have issued 12 month price targets 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 that the stock has a possible downside of 2.5%. View analysts' price targets for Centurylink.

Has Centurylink been receiving favorable news coverage?

News stories about CTL stock have trended very negative this week, according to InfoTrie Sentiment. 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 publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Centurylink earned a news impact score of -3.0 on InfoTrie's scale. They also gave news stories about the technology company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the next several days. View the latest news aboutCenturylink.

Who are some of Centurylink's key competitors?

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

What other stocks do shareholders of Centurylink own?

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).

Who are Centurylink's key executives?

Centurylink's management team includes the following people:

Mr. Jeffrey K. Storey, Pres, CEO & Director (Age 58)
Mr. Indraneel Dev, Exec. VP & CFO (Age 47)
Mr. Stacey W. Goff, Exec. VP, Gen. Counsel & Sec. (Age 53)
Mr. Scott A. Trezise, Exec. VP of HR (Age 50)
Mr. Eric J. Mortensen, Principal Accounting Officer, Sr. VP & Controller (Age 59)

What is Centurylink's stock symbol?

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

Who are Centurylink's major shareholders?

Centurylink's stock is owned by a number of institutional and retail 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.

Which major investors are selling Centurylink stock?

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.

Which major investors are buying Centurylink stock?

CTL stock was acquired 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.

How do I buy shares of 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.

What is Centurylink's stock price today?

One share of CTL stock can currently be purchased for approximately $10.61.

How big of a company is Centurylink?

Centurylink has a market capitalization of $11.64 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.

What is Centurylink's official website?

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

How can I contact Centurylink?

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]

This page was last updated on 6/4/2020 by MarketBeat.com Staff