NYSE:CTLCenturylink Stock Price, Forecast & News

Centurylink's stock was trading at $10.36 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, CTL shares have decreased by 5.4% and is now trading at $9.80. View which stocks have been most impacted by Coronavirus.

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Centurylink in the last year. There are currently 6 sell ratings, 5 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 quarterly earnings results on Wednesday, May, 6th. The technology company reported $0.37 earnings per share (EPS) for the quarter, beating the Thomson Reuters' 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 net margin of 5.50% and a return on equity of 10.70%. The firm's revenue was down 7.5% compared to the same quarter last year. During the same quarter last year, the firm earned $0.34 EPS. View Centurylink's earnings history.

Centurylink declared 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 10.20%. The ex-dividend date of this dividend is Friday, May 29th. View Centurylink's dividend history.

13 equities research analysts have issued 12 month target prices for Centurylink's stock. Their forecasts range from $6.00 to $14.00. On average, they anticipate Centurylink's share price to reach $10.32 in the next twelve months. This suggests a possible upside of 5.3% from the stock's current price. View analysts' price targets for Centurylink.

News stories about CTL stock have been trending negative on Wednesday, InfoTrie Sentiment Analysis reports. The research group identifies negative and positive news coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Centurylink earned a news sentiment score of -2.1 on InfoTrie's scale. They also assigned news stories about the technology company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View the latest news about Centurylink.

Some companies that are related to Centurylink include Verizon Communications (VZ), AT&T (T), ATN International (ATNI), Cincinnati Bell (CBB), Consolidated Communications (CNSL) and IDT (IDT). 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 a variety of institutional and retail investors. Top institutional investors include Envestnet Asset Management Inc. (0.08%), State of Alaska Department of Revenue (0.05%), DNB Asset Management AS (0.01%), OmniStar Financial Group Inc. (0.01%), Diversified Trust Co (0.00%) and Municipal Employees Retirement System of Michigan (0.00%). Company insiders that own Centurylink stock include Glen F Post III, Hal Jones, 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 DNB Asset Management AS. View insider buying and selling activity for Centurylink.

CTL stock was acquired by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc., State of Alaska Department of Revenue, OmniStar Financial Group Inc., Municipal Employees Retirement System of Michigan, Diversified Trust Co, and Nelson Van Denburg & Campbell Wealth Management Group LLC. Company insiders that have bought Centurylink stock in the last two years include Hal Jones, 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 $9.80.

Centurylink has a market capitalization of $10.76 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]