Currently, there are 1.02B common shares owned by the public and among those 939.84M shares have been available to trade.
The company’s stock has a 5-day price change of -9.55% and -19.27% over the past three months. LUMN shares are trading -25.05% year to date (YTD), with the 12-month market performance up to 206.15% higher. It has a 12-month low price of $0.97 and touched a high of $10.33 over the same period. LUMN has an average intraday trading volume of 12.76 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 2.33%, -0.91%, and -28.17% respectively.
Institutional ownership of Lumen Technologies Inc (NYSE: LUMN) shares accounts for 70.65% of the company’s 1.02B shares outstanding.
It has a market capitalization of $4.08B and a beta (3y monthly) value of 1.38. The earnings-per-share (ttm) stands at -$0.32. Price movements for the stock have been influenced by the stock’s volatility, which stands at 3.55% over the week and 5.94% over the month.
Earnings per share for the fiscal year are expected to decrease by -361.52%, and 18.18% over the next financial year.
Looking at the support for the LUMN, a number of firms have released research notes about the stock. Raymond James stated their Outperform rating for the stock in a research note on May 05, 2025, with the firm’s price target at $4.50. Citigroup coverage for the Lumen Technologies Inc (LUMN) stock in a research note released on February 26, 2025 offered a Buy rating with a price target of $6.50. Wells Fargo was of a view on February 21, 2025 that the stock is Equal Weight, while Wells Fargo gave the stock Underweight rating on August 16, 2024, issuing a price target of $1.75- $4. JP Morgan on their part issued Neutral rating on August 07, 2024.
