Lumen Technologies Inc (NYSE:LUMN) has a beta value of 1.15 and has seen 1.58 million shares traded in the recent trading session. The company, currently valued at $1.28B, closed the recent trade at $1.26 per share which meant it gained $0.05 on the day or 4.55% during that session. The LUMN stock price is -114.29% off its 52-week high price of $2.70 and 38.1% above the 52-week low of $0.78. The 3-month trading volume is 11.97 million shares.

Lumen Technologies Inc (NYSE:LUMN) trade information

Sporting 4.55% in the green today, the stock has traded in the red over the last five days, when the LUMN stock price touched $1.26 or saw a rise of 11.89%. Year-to-date, Lumen Technologies Inc shares have moved -30.87%, while the 5-day performance has seen it change -6.99%. Over the past 30 days, the shares of Lumen Technologies Inc (NYSE:LUMN) have changed -18.91%.

Lumen Technologies Inc (LUMN) estimates and forecasts

Figures show that Lumen Technologies Inc shares have underperformed across the wider relevant industry. The company’s shares have lost -9.64% over the past 6 months, with this year growth rate of -220.00%, compared to 18.70% for the industry. Other than that, the company has, however, lowered its growth outlook for the 2024 fiscal year revenue. Growth estimates for the current quarter are -100.00% and -110.00% for the next quarter. Revenue growth from the last financial year stood is estimated to be -8.40%.

9 analysts offering their estimates for the company have set an average revenue estimate of $3.37 billion for the current quarter. 8 have an estimated revenue figure of $3.33 billion for the next quarter concluding in Jun 2024.

If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -45.15% over the past 5 years.

LUMN Dividends

Lumen Technologies Inc is expected to release its next earnings report in May this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.