Media headlines about Centurylink (NYSE:CTL) have trended somewhat positive recently, according to Accern Sentiment. The research firm identifies negative and positive news coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Centurylink earned a news sentiment score of 0.14 on Accern’s scale. Accern also gave news headlines about the technology company an impact score of 46.9224822534191 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
These are some of the news headlines that may have effected Accern Sentiment Analysis’s scoring:
- Centurylink Inc (CTL) Expected to Announce Earnings of $0.17 Per Share (americanbankingnews.com)
- Department of Justice approves CenturyLink’s proposed sale of former Level 3 metro network assets in Boise area to Syringa Networks (finance.yahoo.com)
- Centurylink Inc (CTL) Given Average Recommendation of “Hold” by Analysts (americanbankingnews.com)
- CenturyLink, Inc. (CTL) – Investors Unusual Volume Roundup – Wall Street Morning (wallstreetmorning.com)
- North American FTTH and Advanced Broadband Market Report 2017 Forecast to 2021 – Projected Record Level Growth Being Driven by AT&T, CenturyLink and Google – ResearchAndMarkets.com (markets.financialcontent.com)
A number of research analysts have recently commented on the stock. Guggenheim assumed coverage on shares of Centurylink in a research note on Tuesday. They set a “neutral” rating and a $17.00 price objective for the company. ValuEngine raised shares of Centurylink from a “buy” rating to a “strong-buy” rating in a research note on Thursday, March 1st. Bank of America set a $27.00 price objective on shares of Centurylink and gave the company a “buy” rating in a research note on Wednesday, February 21st. Zacks Investment Research downgraded shares of Centurylink from a “hold” rating to a “sell” rating in a research note on Monday, February 19th. Finally, Barclays reissued a “hold” rating and set a $17.00 target price on shares of Centurylink in a research report on Friday, February 16th. Three investment analysts have rated the stock with a sell rating, seven have issued a hold rating, six have assigned a buy rating and two have assigned a strong buy rating to the company. Centurylink has a consensus rating of “Hold” and a consensus price target of $21.65.
Centurylink (NYSE:CTL) last posted its earnings results on Wednesday, February 14th. The technology company reported $0.18 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.32 by ($0.14). Centurylink had a return on equity of 5.88% and a net margin of 7.87%. The business had revenue of $5.32 billion for the quarter, compared to analyst estimates of $5.69 billion. During the same period last year, the company posted $0.54 EPS. analysts expect that Centurylink will post 0.86 EPS for the current year.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 16th. Shareholders of record on Monday, March 5th will be given a $0.54 dividend. This represents a $2.16 annualized dividend and a yield of 12.46%. The ex-dividend date is Friday, March 2nd. Centurylink’s dividend payout ratio (DPR) is 415.38%.
CenturyLink, Inc is an integrated communications company. The Company is engaged in providing an array of communications services to its residential and business customers. Its segments include Enterprise, which provides strategic, legacy and data integration products and services to small, medium and enterprise business, wholesale and governmental customers, including other communication providers, and Consumer, which provides strategic and legacy products and services to residential customers.
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