ERIC - Telefonaktiebolaget LM Ericsson (publ)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
9.60
-0.02 (-0.16%)
As of 10:12AM EDT. Market open.
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Previous Close9.62
Open9.60
Bid9.60 x 27000
Ask9.61 x 47300
Day's Range9.58 - 9.63
52 Week Range7.62 - 10.46
Volume1,386,136
Avg. Volume6,398,814
Market Cap31.71B
Beta (3Y Monthly)0.28
PE Ratio (TTM)N/A
EPS (TTM)-0.72
Earnings DateN/A
Forward Dividend & Yield0.11 (1.14%)
Ex-Dividend Date2019-03-28
1y Target Est10.76
Trade prices are not sourced from all markets
  • T-Mobile Unveils NB-IoT Asset Tracking Solution With Roambee
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    T-Mobile Unveils NB-IoT Asset Tracking Solution With Roambee

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  • Reuters2 hours ago

    UPDATE 1-Norway's Telenor CEO sees decision on 5G supplier in Q4

    Telenor expects to decide on its supplier of 5G technology in the fourth quarter of 2019, its CEO told Reuters, despite having as yet no clarification from Norwegian authorities as to whether Huawei can be one of them. The Nordic country's government has for months been assessing measures to reduce potential vulnerabilities in its telecoms industry and, like other U.S. allies, is under pressure from Washington not to allow the Chinese company as a supplier.

  • Ericsson (ERIC) to Report Q2 Earnings: What's in Store?
    Zacksyesterday

    Ericsson (ERIC) to Report Q2 Earnings: What's in Store?

    Healthy demand for core 5G technology and equipment will likely drive Ericsson's (ERIC) Q2 revenues. However, unfavorable mix between coverage & capacity and services is expected to weigh on margins.

  • Reuters4 days ago

    Sweden's Ericsson sees Brazil switching on 5G network by early 2021

    Swedish telecoms equipment maker Ericsson expects Brazil to switch on its fifth-generation (5G) network by early 2021, several months after a spectrum auction set for March next year, a top executive told Reuters. The company is working closely with local operators and Brazilian telecoms regulator Anatel to test the technology ahead of the long-awaited auction, said Eduardo Ricotta, president of Ericsson Latam South, in a Thursday interview. "Cleaning up the bandwidth is necessary because some of the frequencies to be allocated to 5G might have interferences with satellites," Ricotta said.

  • Telecom Firms Collaborate to Deliver 5G on Low-Band Spectrum
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    Telecom Firms Collaborate to Deliver 5G on Low-Band Spectrum

    Collaboration between tech firms is likely to serve as a major landmark in the 5G history of the country, and sow the seeds for delivering the state-of-the-art technology beyond urban areas.

  • Motorola Buys WatchGuard, Expands Mission-Critical Ecosystem
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    Motorola Buys WatchGuard, Expands Mission-Critical Ecosystem

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  • Seriously, Nokia’s 5G Portfolio Makes NOK Stock Worth a Shot
    InvestorPlace4 days ago

    Seriously, Nokia’s 5G Portfolio Makes NOK Stock Worth a Shot

    Back in late May, yours truly suggested the 5G opportunity Nokia (NYSE:NOK) has ahead of it made NOK stock a buy. The 37 commercial 5G contracts Nokia had inked at the time was lighting the path ahead for Finland's telecom-tech giant, despite the fact that NOK was still facing its share of headaches.Source: Shutterstock In the meantime, the figure has been ramped up to 42 contracts. * 10 Best Dividend Stocks to Buy for the Rest of 2019 and Beyond But that early-June news did nothing to bolster beaten-down Nokia stock. However, a rebound of NOK stock may be in the works. The comeback is just going to take some time to pan out, as NOK does indeed appear to have become a "show me first" stock.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThe show is coming. Setting the StageOne of the 42 5G deals that NOK has received was with Taiwan Star Telecom, which is growing its existing network to prepare for 5G service. It was the "off the shelf," complete nature of Nokia's portfolio that made NOK the easy choice for TST.China Mobile (NYSE CHL) confirmed at last month's Mobile World Congress that it would be the first to utilize Nokia's Massive MIMO solution, laying the ground work for its 5G network. China Unicom (NYSE:CHU) announced on Wednesday that Nokia's optical fronthaul hardware would help usher in its foray into 5G. Sprint (NYSE:S), T-Mobile (NASDAQ:TMUS) and BT Group (NYSE:BT) are all also tapping Nokia for help on the 5G front.Given NOK's confirmed 5G contracts, CEO Rajeev Suri's June comment that his company wins "two-thirds of the time" when competing with rival Ericsson (NYSE:ERIC) for new business isn't a tough idea to believe. His company is making new deals at a pace Ericsson has somehow been unable to keep up with.But that just hasn't mattered to investors, who ultimately dictate the price of NOK stock. Slow Moving, But Not That SlowWhen Nokia's CEO, Suri, commented in May that "5G is not the future anymore. It is here, and Nokia is leading it. We are winning deals and rolling out some of the world's first 5G networks" he didn't necessarily mean that NOK was literally in the process of rolling out 5G networks.For that matter, he didn't mean that it would launch the networks during that week or month. It can take several weeks -- if not months -- just to put the new hardware in place and put it into operation. In some cases, the installations called for by inked contracts likely aren't even scheduled to happen until next year.Revenue from such deals can't be booked yet, of course, and none has been. NOK made that point in conjunction with its Q1 report, and Suri reiterated it last month. The publicly available details of those contracts are minimal, at best; NOK doesn't divulge the specifics of deals it makes, nor should it.With 42 contracts in hand, however, analysts and investors alike are arguably underestimating how much revenue is in its pipeline for the latter part of this year and all of next year.Meanwhile, NOK will sign additional 5G deals, which aren't factored into most analysts' estimates.Analysts' alarmingly anemic average estimates for NOK adds further credence to that theory. They've estimated that its revenue will drop by 3%, and only recover by about as much in 2020. The following year's revenue growth outlook is only marginally better. Earnings per share is projected to improve at a faster clip, but still modestly, and still not rapidly until 2021. Click to EnlargeIt's going to take some time for Nokia's 5G opportunity to bear fruit, but it may not take nearly as much time as the pros are suggesting. The Bottom Line on NOK StockSo far, NOK has gotten little to no credit for its newly-won contracts, as investors struggle to get past the company's disappointing first -quarter results. Unfortunately, the upcoming second -quarter results may be equally disappointing.Any Q2 trouble may already be more than priced into Nokia stock, though.Whatever's in the cards, from Q3 on, the telecom technology giant is far better positioned to top revenue and earnings estimates than most investors appear to believe. The weakness of Nokia stock since April is still a dip worth buying if you can stomach a few quarters of volatility.As of this writing, James Brumley did not hold a position in any of the aforementioned securities. You can learn more about him at his website jamesbrumley.com, or follow him on Twitter, at @jbrumley. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Stocks to Buy for Less Than Book * 7 Marijuana Stocks With Critical Levels to Watch * The 10 Best Dividend Stocks to Buy for the Rest of 2019 and Beyond The post Seriously, Nokia's 5G Portfolio Makes NOK Stock Worth a Shot appeared first on InvestorPlace.

  • BlackBerry (BB) Introduces CylanceGUARD to Monitor Threats
    Zacks5 days ago

    BlackBerry (BB) Introduces CylanceGUARD to Monitor Threats

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  • 5 Technology Stocks Set to Beat Estimates in Q2 Earnings
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    5 Technology Stocks Set to Beat Estimates in Q2 Earnings

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  • Viasat's Community Wi-Fi to Help Close Digital Gap in Brazil
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    Viasat's Community Wi-Fi to Help Close Digital Gap in Brazil

    By launching Community Wi-Fi in Brazil, Viasat (VSAT) provides a way for Brazilians to have Internet access at affordable price points.

  • Ericsson (ERIC) Outpaces Stock Market Gains: What You Should Know
    Zacks6 days ago

    Ericsson (ERIC) Outpaces Stock Market Gains: What You Should Know

    In the latest trading session, Ericsson (ERIC) closed at $9.51, marking a +0.74% move from the previous day.

  • China Could Be a Roadblock in Cisco's Acacia Acquisition
    Zacks6 days ago

    China Could Be a Roadblock in Cisco's Acacia Acquisition

    Cisco has announced its agreement to buy Acacia, which has a big China exposure.

  • Ericsson to Produce 5G Kits in US as It Pursues IoT Dollars
    Market Realist6 days ago

    Ericsson to Produce 5G Kits in US as It Pursues IoT Dollars

    Ericsson plans to begin production of some 5G kits in the US early next year. It says its new US factory will be fully automated.

  • Nokia's (NOK) 5G Portfolio is Set to Modernize TST's Network
    Zacks8 days ago

    Nokia's (NOK) 5G Portfolio is Set to Modernize TST's Network

    Nokia's (NOK) end-to-end 5G-ready portfolio will enable TST to expand coverage in the 900MHz/2600Mhz band across Taiwan.

  • Now Definitely Is Not the Time to Give up on Nokia Stock
    InvestorPlace8 days ago

    Now Definitely Is Not the Time to Give up on Nokia Stock

    Nokia (NYSE:NOK) stock continues to struggle. Amid its most recent earnings disappointment, Nokia stock has fallen back toward the $5 per share level.Source: Shutterstock This price action merely keeps Nokia stock in the range in which it has traded for more than two years. However, the recent price action, as well as political factors, help to make it a more appealing equity for income investors.Nokia is no stranger to transformation. Nokia lead the market in cell phone sales before Apple's (NASDAQ:AAPL) iPhone made its phones obsolete. Also, the company began as a pulp mill in the 19th century and even made toilet paper as late as the 1960s. Given that change, the move from cell phones to 5G telecom equipment does not seem that dramatic.InvestorPlace - Stock Market News, Stock Advice & Trading TipsHowever, making the transition to a new industry and translating that into stock gains remain two different propositions. Here, NOK has stumbled amid stagnant stock growth and a huge earnings miss that has taken Nokia stock back to the $5 per share range. * 7 Retail Stocks to Buy That Are Down in 2019 In terms of stock growth, I think my colleague Luke Lango correctly pegged NOK as a "show me proposition." It still trades more than 80% below levels Nokia saw in its glory days before smartphones hit the market. Moreover, despite leading the way in 5G equipment, it has generated anemic revenue growth. Decline Boosted Nokia's payoutThat said, Will Ashworth has also pointed to the bright dividend prospects. The current 29-cent per share dividend yields over 5.6% as of the time of this writing. This greatly exceeds the payouts of peers such as Cisco (NASDAQ:CSCO) and Ericsson (NASDAQ:ERIC), both of whom have seen higher stock price growth than NOK over the last two years.I see a case for income-oriented investors buying NOK at these levels. The stock has traded in a range for the last 2.5 years. Earnings growth will provide the needed cash to maintain the payout. Also, while it does not sell at the absolute low point of this approximate $4 per share to $7 per share range, I see only limited downside. Nokia and the Trade WarMoreover, to Lango's point, NOK could get its chance to "show me" thanks to the U.S.-China trade war. Its domicile in Finland may work to the company's advantage. China Mobile (NYSE:CHL) had signed contracts with both Nokia and Ericsson for 5G equipment before negotiators announced a recent truce. Despite the dominance of China-based Huawei In that country, this shows that Chinese companies still want to establish relationships with key Western 5G vendors.Also, I think the on-again, off-again restrictions on Huawei could still help bring more business to NOK. The tenuous nature of the sanctions keeps Huawei under a cloud of uncertainty. Despite this change of heart, the Trump Administration could re-impose sanctions on Huawei at any time should trade talks break down.Communications firms can avoid this risk by choosing a vendor like Nokia. Although some companies will choose Ericsson, having one less competitor still helps NOK. While it still has much to prove, NOK appears well-positioned for dividend investors from both technological and political perspectives. The Bottom Line on Nokia StockNOK stock appears well-positioned to deliver returns for investors thanks to its dividend and the current political climate. Yes, other equities such as Cisco and Ericsson have delivered higher stock price growth in recent years.Still, the latest drop in NOK to the $5 per share range has taken its dividend yield above 5.6%. At nearly triple the S&P 500 average, this makes Nokia stock attractive to investors who need to generate cash.Furthermore, its base of operation in Finland keeps the company at arms-length from the U.S.-China trade war. Not only can it attract business in China, but it should also win clients in other countries from those fearful that Trump will again impose sanctions on Huawei.With a generous cash return now and possible stock appreciation coming later, NOK can serve investors well on two fronts as it helps to bolster the world's move into 5G.As of this writing, Will Healy did not hold a position in any of the aforementioned stocks. You can follow Will on Twitter at @HealyWriting. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Retail Stocks to Buy That Are Down in 2019 * 7 of the Best SPDR ETFs -- Besides SPY and GLD * 5 Dividend Stocks to Buy From Across the Globe The post Now Definitely Is Not the Time to Give up on Nokia Stock appeared first on InvestorPlace.

  • Telecom Stock Roundup: AT&T Mulls Divestitures, Ericsson's Smart Factory & More
    Zacks12 days ago

    Telecom Stock Roundup: AT&T Mulls Divestitures, Ericsson's Smart Factory & More

    AT&T (T) is considering the sale of its four regional sports networks to trim debt, while Ericsson (ERIC) plans to build its first fully automated smart factory in the United States.

  • Ericsson-Vodafone Partnership Unveils 5G Network in London
    Zacks12 days ago

    Ericsson-Vodafone Partnership Unveils 5G Network in London

    Ericsson's (ERIC) cutting-edge 5G technology solution allows Vodafone U.K. to switch on its advanced network in seven cities, including London.

  • PR Newswire13 days ago

    Vodafone Goes Live With Ericsson 5G Technology in London

    - Partnership includes Ericsson Radio System installed base - Ericsson Spectrum Sharing enables extended 5G coverage on existing LTE spectrum WASHINGTON , July 3, 2019 /PRNewswire/ -- Ericsson's (NASDAQ: ...

  • Is Ericsson (ERIC) Stock Outpacing Its Computer and Technology Peers This Year?
    Zacks14 days ago

    Is Ericsson (ERIC) Stock Outpacing Its Computer and Technology Peers This Year?

    Is (ERIC) Outperforming Other Computer and Technology Stocks This Year?

  • Ericsson (ERIC) Gains But Lags Market: What You Should Know
    Zacks15 days ago

    Ericsson (ERIC) Gains But Lags Market: What You Should Know

    In the latest trading session, Ericsson (ERIC) closed at $9.53, marking a +0.32% move from the previous day.

  • Ericsson Supports DIGI for Commercial 5G Network in Romania
    Zacks18 days ago

    Ericsson Supports DIGI for Commercial 5G Network in Romania

    With Ericsson's (ERIC) 3GPP standards-based 5G New Radio hardware and software, RCS & RDS (DIGI) customers get to experience improved mobile broadband capabilities.

  • PR Newswire19 days ago

    DIGI | RCS & RDS and Ericsson go Live With 5G Mobile Service in Romania

    DIGI to switch on a commercial 5G service in the capital of Bucharest, offering higher speeds and better connectivity Deployment includes Ericsson's 3GPP standards-based 5G New Radio (NR) hardware Initial ...

  • Ericsson to Build Smart Factory in US, Eyes Global Expansion
    Zacks19 days ago

    Ericsson to Build Smart Factory in US, Eyes Global Expansion

    Ericsson's (ERIC) first fully automated smart factory in the world, expected to be operational in early 2020, will produce Advanced Antenna System radios for rapid 5G deployments.