WIN - Windstream Holdings, Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
+0.0103 (+3.12%)
At close: 4:00PM EST
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Previous Close0.3300
Bid0.0000 x 800
Ask0.0000 x 2900
Day's Range0.3031 - 0.3888
52 Week Range0.2380 - 8.8500
Avg. Volume2,595,425
Market Cap14.611M
Beta (3Y Monthly)N/A
PE Ratio (TTM)N/A
Earnings DateFeb 20, 2019 - Feb 25, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est3.00
Trade prices are not sourced from all markets
  • Thomson Reuters StreetEventsyesterday

    Edited Transcript of WIN earnings conference call or presentation 15-Mar-19 12:30pm GMT

    Q4 2018 Windstream Holdings Inc Earnings Call

  • Uniti Group Inc. (UNIT) Q4 2018 Earnings Conference Call Transcript
    Motley Fool3 days ago

    Uniti Group Inc. (UNIT) Q4 2018 Earnings Conference Call Transcript

    UNIT earnings call for the period ending December 31, 2018.

  • The Wall Street Journal3 days ago

    [$$] Lenders to Fiber Optic Company Uniti Waive Default After Going-Concern Warning

    Inc., the fiber optic cable operator, have waived a potential default stemming from a going-concern warning from auditor PricewaterhouseCoopers LLP. The Little Rock, Ark.-based company warned in its annual report Monday that since Windstream is the source of a substantial portion of Uniti’s revenue, Windstream’s bankruptcy could “materially and adversely affect” Uniti’s business. Windstream pays Uniti rent to lease its fiber optic cable network.

  • Hedge Fund Titans Aurelius and Elliott Clash in Distressed Deal
    Bloomberg3 days ago

    Hedge Fund Titans Aurelius and Elliott Clash in Distressed Deal

    This one centers on Windstream Holdings Inc., a U.S. telecom company that suddenly sank into default last month after Judge Jesse Furman ruled in favor of Aurelius’s lawsuit against the company for breaking bond covenants. Aurelius is believed by market participants to have bought derivatives insuring against a Windstream default, with Elliott taking the other side of that trade.

  • GlobeNewswire4 days ago

    Windstream Enterprise Resale enhances contact center services to OfficeSuite UC® White Label

    LITTLE ROCK, Ark., March 19, 2019 -- Windstream Enterprise Resale, a leading provider of advanced cloud and network solutions, today announced major Contact Center Services.

  • GlobeNewswire8 days ago

    Windstream reports fourth-quarter, full-year 2018 results

    Grew broadband customer base for third consecutive quarterAchieved continued growth in SD-WAN and Enterprise strategic salesGenerated $2 billion in Adjusted OIBDAR for the year.

  • GlobeNewswire11 days ago

    Windstream Enterprise's SD-WAN wins prestigious implementation award

    LITTLE ROCK, Ark., March 12, 2019 -- Windstream Enterprise (WE), a leading provider of advanced network communications, announced today that TMC, a global integrated media.

  • Why Uniti Group's Stock Plunged in February
    Motley Fool15 days ago

    Why Uniti Group's Stock Plunged in February

    The telecom infrastructure manager's former parent company and largest client filed for bankruptcy last month. That hurts.

  • Moody's15 days ago

    Windstream Services, LLC (DIP) -- Moody's assigns Baa3 rating to Windstream's DIP facilities

    Moody's Investors Service (Moody's) assigned a Baa3 rating to $400 million of senior secured super-priority debtor-in-possession (DIP) credit facilities of Windstream Services, LLC (DIP) consisting of a $300 million term loan and a $100 million revolving credit facility as per an interim order approved by the US Bankruptcy Court Southern District of New York on February 26, 2019. Windstream Services, LLC (Windstream) is requesting bankruptcy authorization for a total of $1 billion of DIP facilities.

  • GlobeNewswire16 days ago

    Windstream promotes David Emig to Georgia sales manager

    Windstream, a leading provider of advanced network communications and technology solutions, today announced that it has named David Emig as sales manager for small and medium-sized business customers in Georgia. “We are thrilled to have experienced and talented team members like David lead our Kinetic Business team," said Kristin King, vice president of the small and medium-sized businesses channels at Windstream. Emig joined Windstream in 2010 and has more than 20 years of telecom industry experience.

  • GlobeNewswire17 days ago

    Windstream brings faster broadband to rural areas of Nebraska

    Windstream has been awarded approximately $2.2 million in high-cost support by the Nebraska Public Service Commission to expand access to Kinetic Internet in 13 of its exchanges in the state. Support from the Nebraska Universal Service Fund (NUSF) helps make broadband deployment possible in rural areas that would not otherwise be economically feasible because of the limited customer base. “Windstream is excited to partner with the Nebraska Public Service Commission to deliver high-speed broadband to more than 1,500 additional locations across the state,” said Brad Hedrick, president of Windstream Operations in Nebraska.

  • GlobeNewswire18 days ago

    Windstream Enterprise receives Avaya 2019 Innovation Partner of the Year Award

    LITTLE ROCK, Ark., March 05, 2019 -- Windstream Enterprise (WE), a leading supplier of advanced network communications, announced today that Avaya, a global leader in contact.

  • GlobeNewswire19 days ago

    Windstream delivers strong broadband subscriber growth

    LITTLE ROCK, Ark., March 04, 2019 -- Windstream (NASDAQ: WIN), a leading provider of advanced network communications and technology solutions, announced today that it delivered.

  • AT&T Stock is Cheap — But For Several Very Good Reasons
    InvestorPlace19 days ago

    AT&T Stock is Cheap — But For Several Very Good Reasons

    AT&T (NYSE:T) continues to trade sideways as the share price hit a six-year low in December. Even a recent bounce still leaves T stock about flat to where it traded back in mid-2012.Source: Mike Mozart via FlickrAdmittedly, shareholders have benefited from healthy dividends,. But in a bull market, T stock has badly underperformed. In the past two years, the S&P 500 index has increased 17.4% while AT&T stock lost 27.3%.And I'm still not sure why that is supposed to change going forward. T stock is cheap, and fundamentally I can see a case for upside heading into 2019. But there's a core problem here: AT&T at this point is a collection of relatively unattractive businesses.InvestorPlace - Stock Market News, Stock Advice & Trading TipsAnd unless the communications behemoth somehow is greater than the sum of its parts -- which I continue to doubt -- that problem should keep a lid on the AT&T stock price. A Struggling BusinessOn its face, AT&T stock looks cheap. But it's worth taking a step back and considering the business, not just the stock. Aside from Time Warner, revenue growth this year likely will be flat to down.The Mobility segment will generate a bit less than 40% of that revenue. Wireless is a brutal business, one I've in the past called a "circular firing squad". Competition is intense -- and based largely on pricing.In mobile, AT&T isn't performing all that well, either. Net adds are well below those of T-Mobile (NASDAQ:TMUS), and fellow giant Verizon Communications (NYSE:VZ). T-Mobile revenue rose 6% last year and Verizon grew sales nearly 5% in its wireless segment. AT&T? Sales rose just 0.4%.Business Wireline should generate 13-14% of total sales. That business is in outright decline, with revenue declining more than 8% in 2018 after a 5%+ drop the year before. * 7 March Madness Stocks to Consider for the Big Dance The Entertainment Group -- DIRECTV, DIRECTV NOW, and U-verse -- should drive around a quarter of 2019 revenue. Its sales dropped 7% in 2018; EBITDA (as defined in the AT&T 10-K) fell 9.6%.The remainder of revenue will come from the WarnerMedia business, Xandr, and AT&T's international operations. WarnerMedia did have a strong Q4, with revenue up 6%. But that's in a quarter where the studio side of the business had a monster -- and record -- quarter, due to the strength of releases like A Star is Born and Aquaman.Home Box Office (HBO) remains a valuable asset, but it's worth remembering the operation drives just ~4% of pro forma revenue. Xandr is even smaller, created by the admittedly intriguing acquisition of AppNexus. The Latin America operations, too, are in the range of 4% of sales.Overall, few of the businesses are growing -- and several are in decline. That seems to be an obvious problem for AT&T stock. Should the AT&T Stock Price Be This Cheap?A closer look at the individual businesses also shows why AT&T stock should be reasonably cheap. Most stocks in similar industries are trading at rather low multiples themselves.Verizon trades at about 12x 2019 EPS estimates, and T-Mobile about 19x. Both multiples admittedly are much higher than that of AT&T, but those two companies again are outperforming AT&T in terms of growth and have much less debt on the balance sheet.Wireline competitors, meanwhile, are struggling badly. Windstream (NASDAQ:WIN) is blowing up. CenturyLink (NYSE:CTL) just halved its dividend and trades at 10x forward EPS.DIRECTV rival Dish Network (NASDAQ:DISH) trades at 13x earnings, and is down 60% from late 2014 highs. That's despite the company's accumulation of unused spectrum, which likely still has some value.For WarnerMedia peers, valuations look about the same. AMC Networks (NASDAQ:AMCX), even with a recent rally, trades at under 9x earnings. CBS Corporation (NYSE:CBS), Viacom (NASDAQ:VIA), and Discovery Communications (NASDAQ:DISCA) all are at single-digit multiples.On a consolidated basis, AT&T does look cheaper on a price-to-earnings metric. But considering the debt and the clear risk of declines at DIRECTV, U-verse, Turner networks, and the Wireline business (combined, close to half of revenue), it probably should be. The Cases For and Against T StockTo be fair, it is possible that even with these concerns, T stock simply is too cheap. I've long been a skeptic, but looking at 2019 guidance I do see some room for cautious optimism.First, AT&T should make progress paying down debt this year. Free cash flow is guided to $26 billion; after roughly $14 billion in dividend payments, the remainder will go to reducing borrowings. With some help from asset sales -- notably the company's stake in Hulu, which likely will be sold to Disney (NYSE:DIS) -- the company expects to get debt at year-end to 2.5x adjusted EBITDA. That's a relatively reasonable figure, particularly given the solid base of revenue and profits from the wireless business (even if that segment isn't growing). * 9 Best Stocks to Buy on U.S.-China Trade Optimism Second, AT&T has the potential to cross-sell and drive value from subscribers across its businesses. A new streaming service, backed by WarnerMedia content, should arrive later this year. The existing base of subscribers - whether for wireless or the Entertainment Group - provides a ready-made group to which to market that product.But there are worries here, too. WarnerMedia content doesn't compare to that of Disney, which is rolling out its own streaming service. It certainly comes nowhere close to that of Netflix (NASDAQ:NFLX). AT&T CEO Randall Stephenson acknowledged on the Q4 conference call that the company wasn't trying to take on either rival. And DIRECTV NOW clearly has lost out, which raises the question of why the WarnerMedia streaming service will perform much better.As for cross-selling, that hasn't really worked so far. While it was the rationale used for the DIRECTV acquisition, that now looks close to disastrous. 5G perhaps helps the cause -- Stephenson has cited the potential for wireless to displace broadband -- but price competition likely offsets some of that tailwind, and it's far from certain that even 5G can manage rising bandwidths.At the end of the day, it's still difficult to make a compelling qualitative case for T stock. Large chunks of the business are in decline. The key growth initiative, by management's own admission, is going to be a second-tier streaming offering in a crowded marketplace. Strategic efforts haven't been great, with DIRECTV a miss and Time Warner acquired just as cord-cutting trends accelerate.In the context, a cheap AT&T stock price isn't enough and it hasn't been for almost seven years. I remain skeptical that this time is any different.As of this writing, Vince Martin has no positions in any securities mentioned. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Reasons Kraft Heinz Stock Is a Contrarian Buy * 5 Housing Stocks to Buy for Renewed Homebuilder Confidence * 7 of the Best ETFs to Buy for a Rock-Solid Portfolio Compare Brokers The post AT&T Stock is Cheap -- But For Several Very Good Reasons appeared first on InvestorPlace.

  • The Wall Street Journal24 days ago

    [$$] Windstream Can Tap $1 Billion Bankruptcy Loan

    Windstream Holdings won approval to draw down on part of a $1 billion emergency loan the cash-strapped rural broadband provider needs to stay open at its debut bankruptcy hearing.

  • Bloomberg24 days ago

    Hey, Brother, What Do We Do About Windstream's Deal With Uniti?

    Robert Gunderman is chief financial officer of bankrupt Windstream, and his brother Kenneth “Kenny” Gunderman is chief executive at Uniti, a post he’s held since Uniti’s 2015 spinoff from Windstream. Before that, Kenny was co-head of investment banking at Stephens Inc., which earned more than $1 million on work for Windstream, according to a 2014 filing. Robert was Windstream’s treasurer back then, and the company said he wasn’t responsible for choosing Stephens.

  • GlobeNewswire25 days ago

    Windstream Holdings, Inc. Receives Court Approval of “First Day” Motions to Support Normal Business Operations

    Windstream Holdings, Inc. (WIN) (the “Company”) today announced that the Company has received approvals from the U.S. Bankruptcy Court for the Southern District of New York (the “Court”) for the “First Day” motions related to the voluntary Chapter 11 petitions filed on February 25, 2019. Notably, the Court granted Windstream interim approval to access up to $400 million of its $1 billion in debtor-in-possession (“DIP”) financing. This financing, combined with access to the cash generated by the Company’s ongoing operations, is available to meet Windstream’s operational needs and continue operating its business as usual.

  • Moody's25 days ago

    Windstream Services, LLC -- Moody's downgrades Windstream's PDR to D-PD from Caa3-PD; Ratings to be withdrawn

    Moody's Investors Service (Moody's) downgraded Windstream Services, LLC's (Windstream) probability of default rating (PDR) to D-PD from Caa3-PD following the announcement that the company filed a petition for relief under Chapter 11 of the US Bankruptcy Code on February 25, 2019. Windstream's corporate family rating (CFR) was affirmed at Caa3, its first lien secured rating was affirmed at Caa3, its second lien secured rating was affirmed at Ca and its unsecured rating was downgraded to C from Ca.

  • Benzinga25 days ago

    Morgan Stanley Cuts Uniti's Price Target After Windstream Bankruptcy Filing

    Windstream Holdings Inc (NASDAQ: WIN) was on the receiving end of an unfavorable and surprising ruling against hedge fund Aurelius Capital Management. Flannery said under a best case scenario, Windstream will be able to get a stay to appeal the court's decision and this will allow lease payments with Uniti to proceed as usual.

  • The Wall Street Journal25 days ago

    [$$] Windstream Files for Bankruptcy After Legal Loss

    Windstream Holdings Inc., the rural broadband provider, filed for bankruptcy protection Monday after losing a legal battle with hedge fund Aurelius Capital Management.

  • Associated Press25 days ago

    Windstream Holdings seeks Chapter 11 bankruptcy protection

    Windstream Holdings Inc. has filed for Chapter 11 bankruptcy protection less than two weeks after a court ruling favoring a New York hedge fund. The Little Rock-based network communications and technology company on Monday announced the reorganization filing in bankruptcy court in New York. The filing affects all of the company's subsidiaries.

  • What's in Store for Uniti Group (UNIT) This Earnings Season?
    Zacks25 days ago

    What's in Store for Uniti Group (UNIT) This Earnings Season?

    Industry tailwinds like carrier densification and escalating investment for 5G deployment to boost Uniti Group's (UNIT) revenues in Q4. However, customer concentration remains a concern.

  • Barrons.com25 days ago

    Windstream Blames Bankruptcy on Hedge Fund Aurelius and CDS Market

    Creative use of credit-default swaps has grown. But now there appears to be a real-life corporate casualty.

  • Windstream's Downfall Revives Debate Over Manufactured Defaults
    Bloomberg26 days ago

    Windstream's Downfall Revives Debate Over Manufactured Defaults

    The provider of telecom services filed for Chapter 11 bankruptcy Monday after losing a court battle with Aurelius, the New York hedge fund, over whether Windstream defaulted on its bonds by spinning off Uniti Group Inc. in 2015. The filing also blurs the status of Uniti, which owns the network that Windstream uses to serve 1.4 million consumers and small businesses in 18 states and counts Windstream as its biggest customer. There were no formal objections from creditors to the spinoff until 2017, when Aurelius sued and contended that Windstream had defaulted by unfairly stripping bondholders of assets that back up their investment.