Lumen Technologies Inc (NYSE:LUMN) has a beta value of 1.27 and has seen 3.13 million shares traded in the recent trading session. The company, currently valued at $3.95B, closed the recent trade at $3.86 per share which meant it lost -$0.08 on the day or -2.08% during that session. The LUMN stock price is -167.62% off its 52-week high price of $10.33 and 74.87% above the 52-week low of $0.97. If we look at the company’s 10-day average daily trading volume, we find that it stood at 14.97 million shares traded. The 3-month trading volume is 12.77 million shares.
The consensus among analysts is that Lumen Technologies Inc (LUMN) is Hold stock at the moment, with a recommendation rating of 2.86. 3 analysts rate the stock as a Sell, while 0 rate it as Overweight. 3 out of 7 have rated it as a Hold, with 1 advising it as a Buy. 0 have rated the stock as Underweight.
Lumen Technologies Inc (NYSE:LUMN) trade information
Sporting -2.08% in the red today, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the LUMN stock price touched $3.86 or saw a rise of 22.49%. Year-to-date, Lumen Technologies Inc shares have moved -27.34%, while the 5-day performance has seen it change -20.62%. Over the past 30 days, the shares of Lumen Technologies Inc (NYSE:LUMN) have changed -18.26%. Short interest in the company has seen 75.66 million shares shorted with days to cover at 5.97.
Wall Street analysts have a consensus price target for the stock at $4, which means that the shares’ value could jump 3.5% from the levels at last check today.. The projected low price target is $3.15 while the price target rests at a high of $10.0. In that case, then, we find that the latest price level in today’s session is -159.07% off the targeted high while a plunge would see the stock lose 18.39% from the levels at last check today..
Lumen Technologies Inc (LUMN) estimates and forecasts
The company’s shares have lost -44.41% over the past 6 months.
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 59.19% over the past 5 years.
LUMN Dividends
Lumen Technologies Inc is expected to release its next earnings report on 2025-Feb-03 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Lumen Technologies Inc (NYSE:LUMN)’s Major holders
Insiders own 8.20% of the company shares, while shares held by institutions stand at 71.34% with a share float percentage of 77.72%. Investors are also buoyed by the number of investors in a company, with Lumen Technologies Inc having a total of 690.0 institutions that hold shares in the company. The top two institutional holders are BLACKROCK INC. with over 148.83 million shares worth more than $163.72 million. As of 2024-06-30, BLACKROCK INC. held 15.0757% of shares outstanding.
The other major institutional holder is VANGUARD GROUP INC, with the holding of over 118.12 million shares as of 2024-06-30. The firm’s total holdings are worth over $129.93 million and represent 11.9933% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are iShares Trust-iShares Core S&P Small-Cap ETF and VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund . As of Feb 28, 2025 , the former fund manager holds about 4.59% shares in the company for having 47.06 shares of worth $180.01 million while later fund manager owns 28.72 shares of worth $109.84 million as of Dec 31, 2024 , which makes it owner of about 2.80% of company’s outstanding stock.
