Use the year menu to walk through the history.
Dividend has higher and lower going back 15 years.
Market is concerned about debt coming due and possible dividend cut, thus the price drops, but the apx 4:1 PE at these prices thanks to market panic seems nuts to me. Even a 50% dividend cut and using cash to buy back debt, makes this still undervalued.
There is subsidiary they are selling or sold, that may affect revenue, one time gains on the sale and cash on hand (To pay down debt....) so it has a lot of moving parts.
Where the market and this stock bottoms at is any ones guess..
But I am already long... and looking to add the rest of the year... on dips like this one. Still making 52 week lows this week.
Recent LUMN News
- Form 8-K - Current report • Edgar (US Regulatory) • 09/24/2024 09:11:04 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/17/2024 01:13:05 PM
- Lumen Announces Early Tender Results of Exchange Offers for Unsecured Notes of Lumen and Level 3 • PR Newswire (US) • 09/17/2024 01:05:00 PM
- Form SC 13G - Statement of Beneficial Ownership by Certain Investors • Edgar (US Regulatory) • 09/11/2024 03:37:55 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/05/2024 09:16:54 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/03/2024 10:16:30 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/03/2024 09:24:58 PM
- Lumen Announces Exchange Offers for Unsecured Notes of Lumen and Level 3 • PR Newswire (US) • 09/03/2024 08:55:00 PM
- Lumen Selects Blue Planet to Underpin its Network Inventory Transformation Program • Business Wire • 08/21/2024 01:00:00 PM
- Lumen Technologies to Present at the Goldman Sachs Communacopia + Technology Conference • PR Newswire (US) • 08/19/2024 08:15:00 PM
- New Mexico Statewide Education Network picks Lumen to connect K-12 public schools • PR Newswire (US) • 08/15/2024 12:48:00 PM
- Lumen Technologies to Present at the BofA Securities 2024 Media, Communications & Entertainment Conference • PR Newswire (US) • 08/13/2024 08:15:00 PM
- Starbucks Rises 3%; Disney Unveils New Films and Expansions; Uber CEO Questions Tesla Robotaxi Viability, and More • IH Market News • 08/12/2024 09:46:16 AM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 08/08/2024 09:30:12 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 08/08/2024 08:42:23 PM
- Intel Sued by Shareholders; JPMorgan Raises Chance of Recession; Roblox Blocked in Turkey; Micron Resumes Share Buyback • IH Market News • 08/08/2024 09:48:43 AM
- Novo Nordisk Adjusts Outlook, Airbnb Drops 16% on Declining U.S. Demand, Lumen Technologies Surges 48% in Premarket • IH Market News • 08/07/2024 09:42:51 AM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/06/2024 09:01:58 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/06/2024 08:10:48 PM
- Lumen Technologies reports second quarter 2024 results • PR Newswire (US) • 08/06/2024 08:01:00 PM
- US Index Futures Rise After Market Sell-off, Oil Prices Trim Losses • IH Market News • 08/06/2024 09:49:06 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/05/2024 08:31:06 PM
- AI Demand Drives $5 Billion in New Business and Massive Expansion of the Internet • PR Newswire (US) • 08/05/2024 08:10:00 PM
- Corning and Lumen Reach Supply Agreement on Next-Generation Fiber-Optic Cable to Support Data Center AI Demands • PR Newswire (US) • 08/01/2024 03:04:00 PM
- Corning and Lumen Reach Supply Agreement on Next-Generation Fiber-Optic Cable to Support Data Center AI Demands • Business Wire • 08/01/2024 03:02:00 PM
North Bay Resources Commences Operations at Bishop Gold Mill, Inyo County, California; Engages Sabean Group Management Consulting • NBRI • Sep 25, 2024 9:15 AM
CEO David B. Dorwart Anticipates a Bright Future at Good Gaming Inc. Through His Most Recent Shareholder Update • GMER • Sep 25, 2024 8:30 AM
Cannabix Technologies and Omega Laboratories Inc. Advance Marijuana Breathalyzer Technology - Dr. Bruce Goldberger to Present at Society of Forensic Toxicologists Conference • BLOZF • Sep 24, 2024 8:50 AM
Integrated Ventures, Inc Announces Strategic Partnership For GLP-1 (Semaglutide) Procurement Through MedWell USA, LLC. • INTV • Sep 24, 2024 8:45 AM
Avant Technologies Accelerates Creation of AI-Powered Platform to Revolutionize Patient Care • AVAI • Sep 24, 2024 8:00 AM
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM