CenturyLink, Inc. (NYSE:CTL):
CenturyLink (CTL) ALERT: J&W Announces Filing of Class Action Complaint Against CenturyLink, Inc.; Encourages all Investors to Contact the Firm for Information.
The company is now down by -0.09 percent from yesterday’s close.
The company also declared a dividend which was paid on Friday the 16th of June 2017. The dividend payment was $0.540 per share for the quarter or $2.16 on an annualized basis. This dividend represents a yeild of $9.90 which is the dividend as a percentage of the current share price. The ex-dividend date was Thursday the 1st of June 2017.
CenturyLink, Inc., launched on May 7, 1968, is an integrated communications company. The Company is involved in providing an array of communications services to its residential and business customers. The Business’s segments include business and consumer. Its communications services include local and long-distance voice, broadband, Multi-Protocol Label Switching (MPLS), private line (including special access), Ethernet, colocation, hosting (including cloud hosting and managed hosting), data integration, video, network, public access, Voice over Internet Protocol (VoIP), information technology and other ancillary services..
The stock is trading at $21.66 well below the 50 day moving average of $23.18 and quite a bit lower than the 200 day moving average of $24.32. The 50 day moving average went down by -6.55% and the 200 day average went down $-2.66 or -10.94%.
The most current P/E ratio is 31.39 and market capitalization is 11.90B. As of the latest earnings report the EPS was $0.69 and is estimated to be $1.95 for the current year with 549,609,000 shares currently outstanding. Analysts expect next quarter’s EPS will be $0.50 and the next full year EPS is anticipated to be $1.91.
Investment firms have released ratings on the company of late. On May 15 the stock rating was downgraded from “Outperform” to “Underperform” in a report issued by Raymond James.