After Hours
After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. The stock was recently discussed on Yahoo Finance as it revealed that Lumen Technologies Announces Commencement of Consent Solicitation In Connection with Completion of TSA Transactions.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Stocks Info
LUMN belongs to the Communication Services sector of the NYSE while operating in the Telecom Services industry. The current market capitalization of Lumen Technologies Inc is $1.78B. A total of 14.02 million shares were traded on the day, compared to an average of 14.79M shares.
In the most recent transaction, SIEGEL LAURIE bought 30,000 shares of LUMN for 1.60 per share on Mar 01 ’24. After the transaction, the Director now owns 30,000 company shares. In a previous transaction on Feb 26 ’24, GLENN T MICHAEL bought 50,000 shares at 1.47 per share. LUMN shares that Director owns now total 272,019.
Among the insiders who bought shares, Fowler James acquired of 33,500 shares on Feb 13 ’24 at a per-share price of $1.68. This resulted in the Director holding 216,538 shares of LUMN after the transaction. In another insider transaction, Fowler James bought 30,000 shares at $1.50 per share on Feb 09 ’24. Company shares held by the Director now total 183,038.
Dividend
Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. LUMN’s most recent ex-dividend date was 8/29/2022 when it declared a $0.25 quarterly dividend that was paid in cash on 9/9/2022. Previously, the company paid the dividend on 6/10/2022 with an ex-dividend date of 5/27/2022. The LUMN stock dividend was $0.25 per share in cash.
While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. In terms of 52-week highs and lows, LUMN has a high of $3.05 and a low of $0.78.
As of this writing, LUMN has an earnings estimate of $0.01 per share for the current quarter. EPS was calculated based on a consensus of 5 estimates, with a high estimate of $0.05 per share and a lower estimate of -$0.05. The company reported an EPS of -$0.09 in the last quarter, which was -250.00% lower than expectations of $0.06.
Balance Sheet Annually/Quarterly
An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. LUMN’s latest balance sheet shows that the firm has $354.00M in Cash & Short Term Investments as of fiscal 2021. There were $29.37B in debt and $7.17B in liabilities at the time. Its Book Value Per Share was $0.41, while its Total Shareholder’s Equity was $11.84B.
Analysts Opinion
There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for LUMN is Buy with a score of 2.22.
