ERIC - Telefonaktiebolaget LM Ericsson (publ)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
5.91
-0.04 (-0.67%)
At close: 4:00PM EDT

5.93 +0.02 (0.31%)
After hours: 4:11PM EDT

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Previous Close5.95
Open5.96
Bid5.91 x 500
Ask5.95 x 3000
Day's Range5.90 - 5.96
52 Week Range4.83 - 7.47
Volume3,225,338
Avg. Volume5,582,882
Market Cap18.84B
Beta1.19
PE Ratio (TTM)-11.45
EPS (TTM)N/A
Earnings DateN/A
Dividend & Yield0.11 (1.96%)
Ex-Dividend Date2017-03-30
1y Target EstN/A
Trade prices are not sourced from all markets
  • TheStreet.com5 hours ago

    These Stocks Have Changed Direction

    Finding bullish and bearish reversals in the market.

  • Investment firm Investor AB overtakes Cevian as top Ericsson owner
    Reuters13 hours ago

    Investment firm Investor AB overtakes Cevian as top Ericsson owner

    Sweden's Investor AB has regained the position as the biggest shareholder in mobile telecom gear maker Ericsson during the third quarter, overtaking Cevian Capital, the investment firm said on Monday. Investor bought Ericsson shares for around 1 billion Swedish crowns ($123 million) in the third quarter, raising its stake to 6.6 percent from 5.9 percent at the end of the second quarter, exceeding Cevian Capital's 6.4 percent. Ericsson shares initially rose as much as 2.6 percent but fell back to trade 0.4 percent higher by GMT 0857.

  • Reuters13 hours ago

    Investment firm Investor AB overtakes Cevian as top Ericsson owner

    Sweden's Investor AB has regained the position as the biggest shareholder in mobile telecom gear maker Ericsson during the third quarter, overtaking Cevian Capital, the investment firm said on Monday. Investor bought Ericsson shares for around 1 billion Swedish crowns ($123 million) in the third quarter, raising its stake to 6.6 percent from 5.9 percent at the end of the second quarter, exceeding Cevian Capital's 6.4 percent. Ericsson shares initially rose as much as 2.6 percent but fell back to trade 0.4 percent higher by GMT 0857.

  • Ericsson, Swisscom Go Live With Telco Cloud Infrastructure
    Zacks6 days ago

    Ericsson, Swisscom Go Live With Telco Cloud Infrastructure

    Ericsson (ERIC) and telecommunications operator Swisscom go live with a full-stack telco cloud infrastructure.

  • Market Realist6 days ago

    Where Ericsson Is Trading in October Compared to Estimates

    Since the start of 2017, Ericsson (ERIC) stock has fallen 2.6% after falling ~36.0% in 2016.

  • Should You Dump Ericsson (ERIC) From Your Portfolio Now?
    Zacks7 days ago

    Should You Dump Ericsson (ERIC) From Your Portfolio Now?

    Ericsson (ERIC) has been grappling with headwinds like weak demand in radio access networks market, huge restructuring costs and low investments in mobile broadband.

  • Market Realist7 days ago

    Can Ericsson Achieve More without Leif Johansson?

    Leif Johansson is stepping down as the chairman of network equipment giant Ericsson (ERIC), ending a six-year stint at the company.

  • Market Realist7 days ago

    A Look at Ericsson’s Financial Metrics

    Ericsson (ERIC) currently has a dividend yield of 1.2%, or $0.0175, which indicates an annualized dividend payout of $0.07.

  • Market Realist7 days ago

    Ericsson: Capitalizing on China’s Appetite for Mobile Video

    Demand for mobile video is growing rapidly in China (MCHI), thanks to factors such as the improving availability of smartphones, Internet access, and mobile video content.

  • Market Realist7 days ago

    How Ericsson Plans to Further Cut Costs

    Ericsson could lay off approximately 25,000 employees outside Sweden. Ericsson hasn't confirmed these reports, and certain sources claim that the figure could be higher.

  • Market Realist7 days ago

    Why Does Ericsson Want to Merge Its Fiber Services Business?

    Recently, Ericsson (ERIC) announced that it's looking to merge Abentel with a local company. Abentel is Ericsson’s Spanish-based fiber services business unit.

  • Financial Times7 days ago

    [$$] Ericsson chooses Ronnie Leten as chairman

    Ericsson's leading shareholders have chosen the well-regarded former chief executive of Swedish industrial group Atlas Copco as new chairman of the telecoms equipment maker as it battles against a slump ...

  • Reuters7 days ago

    Recovery hopes rise as Ericsson picks ex-Atlas Copco boss as chairman

    Ericsson has picked the former boss of high-flying mining gear maker Atlas Copco as its new chairman, boosting hopes of a recovery at the Swedish mobile equipment company. Shares in Ericsson rose as much as 2.2 percent on Monday after it said Ronnie Leten would succeed Leif Johansson as chairman, pending a shareholder vote planned for March 28. Investors said Leten, under whose leadership Atlas Copco shares rose twice as much as the European industrial sector index, was a good choice, despite a lack of experience in the telecoms sector.

  • Recovery hopes rise as Ericsson picks ex-Atlas Copco boss as chairman
    Reuters7 days ago

    Recovery hopes rise as Ericsson picks ex-Atlas Copco boss as chairman

    Ericsson has picked the former boss of high-flying mining gear maker Atlas Copco as its new chairman, boosting hopes of a recovery at the Swedish mobile equipment company. Shares in Ericsson rose as much as 2.2 percent on Monday after it said Ronnie Leten would succeed Leif Johansson as chairman, pending a shareholder vote planned for March 28. Investors said Leten, under whose leadership Atlas Copco shares rose twice as much as the European industrial sector index, was a good choice, despite a lack of experience in the telecoms sector.

  • Reuters8 days ago

    Recovery hopes rise as Ericsson picks ex-Atlas Copco boss as chairman

    Ericsson (ERICb.ST) has picked the former boss of high-flying mining gear maker Atlas Copco as its new chairman, boosting hopes of a recovery at the Swedish mobile equipment company. Shares in Ericsson rose as much as 2.2 percent on Monday after it said Ronnie Leten would succeed Leif Johansson as chairman, pending a shareholder vote planned for March 28. Investors said Leten, under whose leadership Atlas Copco (ATCOa.ST) shares rose twice as much as the European industrial sector index, was a good choice, despite a lack of experience in the telecoms sector.

  • Market Realist10 days ago

    Why Credit Suisse Downgraded Ericsson

    Recently, European investment bank Credit Suisse reduced its rating on Ericsson (ERIC) to “underperform” from “neutral.”

  • Market Realist10 days ago

    Ericsson and DoCoMo’s Big Plans

    Ericsson (ERIC) is providing a content delivery network to NTT DoCoMo, a leading mobile operator in Japan (EWJ).

  • Market Realist10 days ago

    When Might Ericsson Return to Revenue and Profitability Growth?

    Analysts expect Ericsson’s (ERIC) revenue to fall 7.5% YoY (year-over-year) to $24.1 billion in fiscal 2017 compared to $26.1 billion in fiscal 2016.

  • Market Realist10 days ago

    What Analysts Expect from Ericsson in 3Q17

    Analysts expect Ericsson (ERIC), the European-based (EFA) telecom equipment firm, to post revenue of $5.6 billion when it announces its 3Q17 results on October 18, 2017.

  • Reuters12 days ago

    Ericsson scouts for mergers for lower margin businesses

    MADRID/LONDON (Reuters) - Telecom equipment maker Ericsson is in talks to merge its Spanish fiber services arm Abentel with a local firm and people familiar with the new CEO's plans say he is scouting for more merger deals to cut costs and rebuild the group's profits. Borje Ekholm, who took up his CEO role in January, is under pressure by activist investor Cevian to accelerate cost-cutting after Ericsson's three consecutive quarters in the red that have pushed its share price down 15 percent since January. Abentel, which provides fiber-related services, was bought by Ericsson just 15 months ago and Spanish tech engineering services provider Dominion said on Wednesday it was in preliminary merger talks.

  • Ericsson Stock Downgraded: What You Need to Know
    Motley Fool13 days ago

    Ericsson Stock Downgraded: What You Need to Know

    Credit Suisse sees the worst of both worlds happening at Telefonaktiebolaget LM Ericsson.

  • Barrons.com13 days ago

    Ericsson Tumbles On Downgrade; Are Margin Targets Too Optimistic?

    The U.S.-listed shares of Ericsson (ERIC) are falling today after Credit Suisse advised investors that it is time to sell, warning of “significant risk to margin targets.” Analyst Achal Sultania downgraded the mobile telecom equipment maker to an Underperform and cut the price target, arguing that Ericsson’s sales may “continue to surprise to the downside” as management looks to jettison money-losing businesses. Sultania also views Ericsson’s target of over 12.4% EBIT margins in the near term as too optimistic. With Ericsson management looking to divest loss-making businesses and exit loss-making contracts at a time when the demand environment remains weak and FX headwinds are increasing (4ppt/2ppt yoy headwind in 2H17/2018), we believe that the top-line may continue to surprise on the downside.

  • Nokia (NOK) Stock Still Has a Long Road Ahead
    InvestorPlace21 days ago

    Nokia (NOK) Stock Still Has a Long Road Ahead

    Nokia Oyj (ADR) (NYSE:NOK) stock has been showing some traction lately, and this is more than just a bounce off the bottom. The company has definitely made bold changes over the years, transforming itself into a global networking equipment provider. Consider that the company’s networking business is expected to fall by 3% to 5% this year.

  • Ericsson (ERIC) Synchronizes Live Streaming with Net Insight
    Zacks28 days ago

    Ericsson (ERIC) Synchronizes Live Streaming with Net Insight

    Ericsson (ERIC) partnered with Net Insight for utilizing the company's Unified Delivery Network that will improve the efficiency of the global content distribution service.

  • Ericsson Inks Deal to Fortify Content Discovery Business
    Zackslast month

    Ericsson Inks Deal to Fortify Content Discovery Business

    Ericsson (ERIC) signs content discovery contract to provide rich metadata and editorial services to DNA Oyj.