Lumen Technologies (LUMN) Stock Price, News & Analysis

-0.07 (-5.13%)
(As of 04/24/2024 ET)
Today's Range
50-Day Range
52-Week Range
11.68 million shs
Average Volume
12.87 million shs
Market Capitalization
$1.31 billion
P/E Ratio
Dividend Yield
Price Target

Lumen Technologies MarketRank™ Stock Analysis

Analyst Rating
1.80 Rating Score
39.8% Upside
$1.81 Price Target
Short Interest
14.62% of Float Sold Short
Dividend Strength
Based on Four Factors
Upright™ Environmental Score
News Sentiment
0.62mentions of Lumen Technologies in the last 14 days
Based on 3 Articles This Week
Insider Trading
Acquiring Shares
$174,780 Bought Last Quarter
Proj. Earnings Growth
From ($0.24) to ($0.32) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.08 out of 5 stars

Business Services Sector

131st out of 306 stocks

Telephone Communication, Except Radio Industry

8th out of 17 stocks

LUMN stock logo

About Lumen Technologies Stock (NYSE:LUMN)

Lumen Technologies Inc. is a forward-thinking, technology-based communication, security solutions and cloud-based services provider. Lumen was first known as CenturyLink, founded in 1930 by F.E. Hogan, Sr., and has since become one of the largest telecommunications companies in the United States. 

Headquartered in Monroe, Louisiana, Lumen Technologies offers network services, communications, security, cloud solutions, voice and managed services to global enterprise customers across North America, Europe, the Middle East, Latin America, Asia and Africa Pacific. The company has a long history of acquisitions and mergers, the most recent being its acquisition of Level 3 Communications in 2016. 

Since its inception, Lumen Technologies has stood out as a leader in the telecommunications industry. In 1947, Clarke Williams purchased the Marion Telephone Company, and in 1967, the company served three states with 10,000 access lines. In 1971, the company was renamed Century Telephone Enterprises and listed on the New York Stock Exchange under the ticker symbol CTL.

On September 14, 2020, CenturyLink announced it was changing its name to Lumen Technologies Inc. On August 3, 2021, Lumen announced it had agreed to sell its Incumbent Local Exchange Carrier (ILEC) operations in 20 states to Apollo Global Management for $7.5 billion. An ILEC is a traditional telephone company serving a particular geographic area for an extended period. They typically own and operate the local phone networks and provide local telephone and data services. This deal closed in October 2022, and the product rebranded as Brightspeed. Kate Johnson became the CEO and board member on February 7, 2023.

Lumen Technologies Inc. is still a strong contender in the telecommunications industry, having achieved substantial success through acquisitions and mergers over the years. With new CEO Johnson at the helm, the company is well-positioned to continue its growth trajectory while providing the latest in communications, security solutions and cloud-based services to global enterprise customers. Lumen Technologies’ strong history in the telecommunications industry paves the way for the potential for future growth.

LUMN Stock Price History

LUMN Stock News Headlines

Will this $2 AI stock double overnight?
It's a tiny AI company fighting for a big piece of a $20 Billion Pentagon contract. What's more, this groundbreaking firm is trading for less than $2 a share!
Lumen wins $73.6 million contract with GAO
Lumen Secures $73.6 Mln Contract From Accountability Office
Will this $2 AI stock double overnight?
It's a tiny AI company fighting for a big piece of a $20 Billion Pentagon contract. What's more, this groundbreaking firm is trading for less than $2 a share!
LUMN May 2024 2.000 call
LUMN Mar 2024 1.000 call
LUMN Mar 2024 2.000 put
See More Headlines
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Company Calendar

Last Earnings
Next Earnings (Confirmed)
Fiscal Year End

Industry, Sector and Symbol

Telephone communication, except radio
Integrated Telecommunication Services
Year Founded

Price Target and Rating

Average Stock Price Target
High Stock Price Target
Low Stock Price Target
Potential Upside/Downside
Consensus Rating
Rating Score (0-4)
Research Coverage
5 Analysts


Net Income
Pretax Margin


Sales & Book Value

Annual Sales
$14.56 billion
Cash Flow
$3.01 per share
Book Value
$0.41 per share


Outstanding Shares
Free Float
Market Cap
$1.31 billion

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Key Executives

  • Ms. Kathleen E. Johnson (Age 56)
    President, CEO & Director
    Comp: $3.38M
  • Mr. Christopher David Stansbury (Age 59)
    Executive VP & CFO
    Comp: $1.73M
  • Mr. Stacey Wayne GoffMr. Stacey Wayne Goff (Age 58)
    Executive VP General Counsel & Secretary
    Comp: $1.46M
  • Ms. Ashley Haynes-Gaspar
    Executive VP & Chief Revenue Officer
  • Ms. Andrea Genschaw (Age 49)
    Principal Accounting Officer, Senior VP & Controller
  • Mr. David Ward
    Chief Technology Officer
  • Mr. Michael L. McCormack C.F.A.
    Senior Vice President of Investor Relations
  • Mr. Ryan Asdourian
    Executive VP & Chief Marketing Officer
  • Ms. Ana Maria White (Age 51)
    Executive VP & Chief People Officer
  • Mr. Carrick B. Inabnett
    Chief Privacy Officer, VP & Assistant General Counsel

LUMN Stock Analysis - Frequently Asked Questions

Should I buy or sell Lumen Technologies stock right now?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lumen Technologies in the last year. There are currently 1 sell rating and 4 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "reduce" LUMN shares.
View LUMN analyst ratings
or view top-rated stocks.

What is Lumen Technologies' stock price target for 2024?

5 brokers have issued 12-month price objectives for Lumen Technologies' stock. Their LUMN share price targets range from $1.50 to $2.25. On average, they anticipate the company's share price to reach $1.81 in the next twelve months. This suggests a possible upside of 39.8% from the stock's current price.
View analysts price targets for LUMN
or view top-rated stocks among Wall Street analysts.

How have LUMN shares performed in 2024?

Lumen Technologies' stock was trading at $1.83 at the beginning of the year. Since then, LUMN shares have decreased by 29.2% and is now trading at $1.2950.
View the best growth stocks for 2024 here

When is Lumen Technologies' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 30th 2024.
View our LUMN earnings forecast

How can I listen to Lumen Technologies' earnings call?

Lumen Technologies will be holding an earnings conference call on Tuesday, April 30th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link.

How were Lumen Technologies' earnings last quarter?

Lumen Technologies, Inc. (NYSE:LUMN) issued its quarterly earnings data on Tuesday, February, 6th. The technology company reported $0.08 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.03) by $0.11. The technology company had revenue of $3.52 billion for the quarter, compared to the consensus estimate of $3.45 billion. Lumen Technologies had a negative net margin of 70.74% and a positive trailing twelve-month return on equity of 4.85%. Lumen Technologies's revenue for the quarter was down 7.4% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.43 EPS.
Read the conference call transcript

Is Lumen Technologies a good dividend stock?

Lumen Technologies (NYSE:LUMN) pays an annual dividend of $1.00 per share and currently has a dividend yield of 0.00%.
Read our dividend analysis for LUMN.

What is Jeff Storey's approval rating as Lumen Technologies' CEO?

632 employees have rated Lumen Technologies Chief Executive Officer Jeff Storey on Glassdoor.com. Jeff Storey has an approval rating of 57% among the company's employees. This puts Jeff Storey in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Lumen Technologies own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Lumen Technologies investors own include AT&T (T), Energy Transfer (ET), Exxon Mobil (XOM), Intel (INTC), Ford Motor (F), AbbVie (ABBV), Pfizer (PFE), Verizon Communications (VZ), Bank of America (BAC) and General Electric (GE).

Who are Lumen Technologies' major shareholders?

Lumen Technologies' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Foundation Resource Management Inc. (0.27%), Assenagon Asset Management S.A. (0.09%), Alaska Permanent Fund Corp (0.04%), BSW Wealth Partners (0.02%), Range Financial Group LLC (0.01%) and New Mexico Educational Retirement Board (0.01%). Insiders that own company stock include Christopher Stansbury, James Fowler, Kathleen E Johnson, Martha Helena Bejar, Stacey W Goff, Steven T Clontz and T Michael Glenn.
View institutional ownership trends

How do I buy shares of Lumen Technologies?

Shares of LUMN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does Lumen Technologies have any subsidiaries?
The following companies are subsidiares of Lumen Technologies: 1200 Landmark Center Condominium Association Inc., ACME Grating Ventures L.L.C., Actel LLC, AmSoft Information Services Limited, AppFog, BTE Equipment LLC, Boxgate Holdings LLC, Broadwing Communications LLC, Broadwing LLC, Brown Equipment Corp., CCC Canada Holding Inc., CTL Mexico II S. de R.L. de C.V., CTL Mexico Landing S. de R.L., CTL Mexico Servicios S. De R. L. de C. V., Carolina Telephone and Telegraph Company LLC, Carter Company Inc., Cascade Autovon Company, Cellunet of India Limited, Centel Capital Corporation, Centel Corporation, Centel-Texas Inc., Central Telephone Company, Central Telephone Company of Texas, Central Telephone Company of Virginia, Century Cellunet International Inc., Century Link Costa Rica S.R.L., Century Marketing Solutions LLC, Century Telephone of West Virginia Inc., CenturyLink Argentina S.A., CenturyLink Argentina S.A. Sucursal Uruguay, CenturyLink Brasil Comunicações e Serviços Ltda., CenturyLink Canada Inc., CenturyLink Chile S.A., CenturyLink Colombia S.A.S., CenturyLink Communications (IMPSAT) Nederland B.V., CenturyLink Communications CZ s.r.o, CenturyLink Communications Croatia Usluge d.o.o., CenturyLink Communications España S.A Sucursal em Portugal, CenturyLink Communications Estonia OÜ, CenturyLink Communications Finland Oy, CenturyLink Communications Hungary Kft., CenturyLink Communications Iceland ehf, CenturyLink Communications India Private Limited, CenturyLink Communications LLC Formerly known as Qwest Communications Company LLC, CenturyLink Communications PEC Luxembourg II S.à r.l., CenturyLink Communications PEC Luxembourg l S.à r.l., CenturyLink Communications PEC Services Europe Limited, CenturyLink Communications PEC Services Ireland Limited, CenturyLink Communications RS d.o.o. Beograd-Vračar, CenturyLink Communications Slovakia spol. S.r.o., CenturyLink Communications Sweden AB, CenturyLink Community Giving Foundation Inc., CenturyLink Comunicações Ltda., CenturyLink Comunicações do Brasil Ltda., CenturyLink Europe B.V., CenturyLink Europe B.V. Sucursal en España, CenturyLink Europe B.V/ . M. The Netherlands filial Sweden, CenturyLink Impsat Holdings I Limited, CenturyLink Impsat Holdings II Limited, CenturyLink Intellectual Property LLC, CenturyLink Investment Management Company, CenturyLink Latin American Solutions LLC, CenturyLink Limited, CenturyLink Panama Inc., CenturyLink Participaçóes e Comercial Ltda., CenturyLink Peru S.A., CenturyLink Sales Solutions Inc., CenturyLink Technology Solutions, CenturyLink Telecomunicaciones S.A., CenturyLink Telekomunikacijske Storitve doo, CenturyLink of Louisiana LLC, CenturyLink of Nevada LLC, CenturyLinkEcuador S.A., CenturyTel Arkansas Holdings Inc., CenturyTel Broadband Services LLC, CenturyTel Broadband Wireless LLC, CenturyTel Entertainment Inc., CenturyTel Holdings Alabama Inc., CenturyTel Holdings Inc., CenturyTel Holdings Missouri Inc., CenturyTel Internet Holdings Inc., CenturyTel Investments LLC, CenturyTel Midwest - Michigan Inc., CenturyTel Mobile Communications Inc., CenturyTel SM Telecorp Inc., CenturyTel San Marcos Investments LLC, CenturyTel Security Systems Inc., CenturyTel Supply Group Inc., CenturyTel TeleVideo Inc., CenturyTel Telecom Service Inc., CenturyTel Telecommunications Inc., CenturyTel Telephone Utilities Inc., CenturyTel Web Solutions LLC, CenturyTel of Adamsville Inc., CenturyTel of Alabama LLC, CenturyTel of Arkansas Inc., CenturyTel of Central Arkansas LLC, CenturyTel of Central Indiana Inc., CenturyTel of Central Wisconsin LLC, CenturyTel of Chester Inc., CenturyTel of Claiborne Inc., CenturyTel of Colorado Inc., CenturyTel of Cowiche Inc., CenturyTel of Eagle Inc., CenturyTel of Eastern Oregon Inc., CenturyTel of Fairwater-Brandon-Alto LLC, CenturyTel of Forestville LLC, CenturyTel of Idaho Inc., CenturyTel of Inter Island Inc., CenturyTel of Lake Dallas Inc., CenturyTel of Larsen-Readfield LLC, CenturyTel of Michigan Inc., CenturyTel of Minnesota Inc., CenturyTel of Missouri LLC, CenturyTel of Monroe County LLC, CenturyTel of Montana Inc. (99%), CenturyTel of Mountain Home Inc., CenturyTel of North Mississippi Inc., CenturyTel of Northern Michigan Inc., CenturyTel of Northern Wisconsin LLC, CenturyTel of Northwest Arkansas LLC, CenturyTel of Northwest Wisconsin LLC, CenturyTel of Odon Inc., CenturyTel of Ohio Inc., CenturyTel of Ooltewah-Collegedale Inc., CenturyTel of Oregon Inc., CenturyTel of Paradise Inc., CenturyTel of Port Aransas Inc., CenturyTel of Postville Inc., CenturyTel of Redfield Inc., CenturyTel of San Marcos Inc., CenturyTel of South Arkansas Inc., CenturyTel of Southern Wisconsin LLC, CenturyTel of Upper Michigan Inc., CenturyTel of Washington Inc., CenturyTel of Wisconsin LLC, CenturyTel of Wyoming Inc., CenturyTel of the Gem State Inc., CenturyTel of the Midwest-Kendall LLC, CenturyTel of the Midwest-Wisconsin LLC, CenturyTel of the Northwest Inc., CenturyTel of the Southwest Inc., CenturyTel/Cable Layers Inc., CenturyTel/Tele-Max Inc., CenturyTel/Teleview of Wisconsin Inc., CenturyTel/WORLDVOX Inc., Coastal Utilities Inc., Cognilytics, Continental Holdings Inc., Continental Level 3 Inc., Continental Mineral Sales Inc., Corvis Canada Inc., Corvis Gratings Company, DataGardens, Digital Savvis HK Holding 1 Limited, Digital Savvis HK JV Limited, Digital Savvis Investment Management HK Limited, Digital Savvis Management Subsidiary Limited, ELASTICBOX INC. SUCURSAL EN ESPAÑA, EQ Central Texas Equipment LLC, EQ Equipment Leasing Inc., EQ United Texas Equipment LLC, EUnet International Limited, Eagle Valley Communications Corporation, Egnyte Inc., ElasticBox Inc., Eldorado Acquisition Two Inc., Embarq, Embarq Capital Corporation, Embarq Corporation, Embarq Directory Trademark Company LLC, Embarq Florida Inc., Embarq Inc., Embarq Interactive Holdings LLC, Embarq Interactive Markets LLC, Embarq Management Company, Embarq Mid-Atlantic Management Services Company, Embarq Midwest Management Services Company, Embarq Minnesota Inc., Embarq Missouri Inc., Embarq Network Company LLC, FTV Communications LLC, Fibernet UK Limited, Gallatin River Communications L.L.C., Gallatin River Holdings L.L.C., Global Crossing Americas Solutions LLC, Global Crossing Americas Solutions LLC, Global Crossing International Ltd., Global Crossing International Networks Ltd., Global Crossing Local Services Inc., Global Crossing North America Inc., Global Crossing North American Holdings Inc., Global Crossing Telecommunications Inc., Global Crossing Telemanagement VA LLC, Group Lumen South Africa (PTY) Ltd, Gulf Coast Services LLC, Gulf Telephone Company LLC, IP Networks Inc., Impsat Fiber Networks LLC, International Communications Holdings Inc., KMI Continental Lignite Inc., Legend Circle Holdings Inc., Level 3 Asia Inc., Level 3 CDN International Inc., Level 3 Communications, Level 3 Communications (Asia Pacific) Ltd., Level 3 Communications Australia Pty Ltd, Level 3 Communications Canada Co., Level 3 Communications Hong Kong Limited, Level 3 Communications Japan KK, Level 3 Communications LLC, Level 3 Communications Limited, Level 3 Communications Singapore Pte. Ltd., Level 3 Communications St. Croix Inc., Level 3 Communications of Virginia Inc., Level 3 EON LLC, Level 3 Enhanced Services LLC, Level 3 Europe B.V., Level 3 Financing Inc., Level 3 GC Limited, Level 3 Holdings B.V., Level 3 Holdings Inc., Level 3 International Inc., Level 3 International Services Inc., Level 3 Parent, Level 3 Parent LLC, Level 3 Telecom Data Services LLC, Level 3 Telecom Holdings II LLC, Level 3 Telecom Holdings LLC, Level 3 Telecom LLC, Level 3 Telecom LP, Level 3 Telecom Management Co. LLC, Level 3 Telecom of Alabama LLC, Level 3 Telecom of Arizona LLC, Level 3 Telecom of Arkansas LLC, Level 3 Telecom of California LP, Level 3 Telecom of Colorado LLC, Level 3 Telecom of DC LLC, Level 3 Telecom of Florida LP, Level 3 Telecom of Georgia LP, Level 3 Telecom of Hawaii LP, Level 3 Telecom of Idaho LLC, Level 3 Telecom of Illinois LLC, Level 3 Telecom of Indiana LP, Level 3 Telecom of Iowa LLC, Level 3 Telecom of Kansas City LLC, Level 3 Telecom of Kentucky LLC, Level 3 Telecom of Louisiana LLC, Level 3 Telecom of Maryland LLC, Level 3 Telecom of Minnesota LLC, Level 3 Telecom of Mississippi LLC, Level 3 Telecom of Nevada LLC, Level 3 Telecom of New Jersey LP, Level 3 Telecom of New Mexico LLC, Level 3 Telecom of New York LP, Level 3 Telecom of North Carolina LP, Level 3 Telecom of Ohio LLC, Level 3 Telecom of Oklahoma LLC, Level 3 Telecom of Oregon LLC, Level 3 Telecom of South Carolina LLC, Level 3 Telecom of Tennessee LLC, Level 3 Telecom of Texas LLC, Level 3 Telecom of Utah LLC, Level 3 Telecom of Virginia LLC, Level 3 Telecom of Washington LLC, Level 3 Telecom of Wisconsin LP, Level Three Telecommunications Kenya Limited, Lumen Clarke M. Williams Foundation, Lumen IT India Private Limited, Lumen Technologies APAC Holdings Limited, Lumen Technologies Asia Pacific Holdings Limited, Lumen Technologies Australia Pty Ltd, Lumen Technologies Austria GmbH, Lumen Technologies Belgium SA, Lumen Technologies Brasil Holding Ltda., Lumen Technologies Bulgaria EOOD, Lumen Technologies CDN Ireland Limited, Lumen Technologies Colocation Hong Kong Limited, Lumen Technologies Denmark ApS, Lumen Technologies EMEA Holdings Limited, Lumen Technologies EMEA Ireland Limited, Lumen Technologies Europe Limited, Lumen Technologies France S.A.S., Lumen Technologies Germany GmbH, Lumen Technologies Government Solutions Inc., Lumen Technologies Hong Kong Limited, Lumen Technologies Iberia SA, Lumen Technologies Israel Ltd., Lumen Technologies Italia S.R.L., Lumen Technologies Japan KK, Lumen Technologies Korea Limited, Lumen Technologies Luxembourg S.à r.l., Lumen Technologies NL B.V., Lumen Technologies New Zealand Limited, Lumen Technologies Norge AS, Lumen Technologies OOO, Lumen Technologies PEC Ireland Limited, Lumen Technologies Philippines Inc., Lumen Technologies Poland SP. Z o.o., Lumen Technologies Romania S.R.L., Lumen Technologies Service Group LLC, Lumen Technologies Services (Shanghai) Co. Ltd., Lumen Technologies Services Malaysia Sdn. Bhd, Lumen Technologies Singapore Pte. Ltd., Lumen Technologies Switzerland AG, Lumen Technologies UK Limited, Lumen Technology Services Taiwan Limited, Lumen Teknoloji Hizmetleri Limited Şirketi, Madison River Communications Corp., Madison River Finance Corp., Madison River Holdings LLC, Madison River LTD Funding LLC, Madison River Management LLC, Mebtel Inc., NOCUTS Inc., Orchestrate, PTI Communications of Ketchikan Inc., PTI Communications of Minnesota Inc., PTI Transponders Inc., Pacific Telecom Inc. (Shell), Q Fiber LLC, Qwest, Qwest Broadband Services Inc., Qwest Capital Funding Inc., Qwest Communications International Inc., Qwest Communications International Ltd., Qwest Communications Korea Limited, Qwest Corporation, Qwest Database Services Inc., Qwest Dex Holdings Inc., Qwest Europe LLC, Qwest Germany GmbH, Qwest Holdings BV, Qwest Hong Kong Telecommunications Limited, Qwest India Holdings LLC, Qwest International Services Corporation, Qwest Netherlands BV, Qwest Peru S.R.L., Qwest Services Corporation, Qwest Taiwan Telecommunications Limited, Qwest Transoceanic Inc., Qwest Wireless L.L.C., RiskSense Inc., SAVVIS Communications Chile S.A., SAVVIS Communications International Inc., SAVVIS Communications Private Limited, SAVVIS Federal Systems Inc., SAVVIS Mexico S.A. de C.V., SC Eight Company, SC Five Company, SC Four Company, SC One Company, SC Seven Company, SC Six Company, SC Three Company, SC Two Company, SEAL Consulting, SEAL Consulting Inc., SIS Holdings LP, Seal Infotech Private Limited, Spectra Communications Group LLC, Streamroot, Streamroot Inc., Streamroot SAS, TelCove Operations LLC, TelCove of Pennsylvania LLC, TelUSA Holdings LLC (90%), Telephone USA of Wisconsin LLC, The El Paso County Telephone Company, The Winter Park Telephone Company, Tier 3, United Telephone Company of Eastern Kansas, United Telephone Company of Florida, United Telephone Company of Indiana Inc., United Telephone Company of Kansas, United Telephone Company of New Jersey Inc., United Telephone Company of Ohio, United Telephone Company of Pennsylvania LLC The, United Telephone Company of Southcentral Kansas, United Telephone Company of Texas Inc., United Telephone Company of the Carolinas LLC, United Telephone Company of the Northwest, United Telephone Company of the West, United Telephone Southeast LLC, United Teleservices Inc., Universal Manufacturing Corp., Valley Network Partnership (40% aggregate), Vyvx LLC, Wam!Net Japan K.K., Western Re Inc., WilTel Communications (Cayman) Limited, WilTel Communications LLC, WilTel Communications Network Inc., WilTel Communications Pty Limited, WilTel International Telecom (Chile) Limited, Wildcat Holdco LLC, Williams Comunicaciones Chile Limitada, XCOM Technologies of New York Inc., Xspedius Management Co. International LLC, centurytel.com LLC, and netAura.
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This page (NYSE:LUMN) was last updated on 4/25/2024 by MarketBeat.com Staff

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