Telefonaktiebolaget LM Ericsson (publ) (NASDAQ:ERIC – Free Report) – Investment analysts at Zacks Research cut their FY2026 earnings per share (EPS) estimates for Telefonaktiebolaget LM Ericsson (publ) in a research note issued on Thursday, April 3rd. Zacks Research analyst R. Department now expects that the communications equipment provider will earn $0.52 per share for the year, down from their previous forecast of $0.53. The consensus estimate for Telefonaktiebolaget LM Ericsson (publ)’s current full-year earnings is $0.48 per share. Zacks Research also issued estimates for Telefonaktiebolaget LM Ericsson (publ)’s Q1 2027 earnings at $0.13 EPS.
Separately, StockNews.com cut Telefonaktiebolaget LM Ericsson (publ) from a “strong-buy” rating to a “buy” rating in a report on Friday, January 24th.
Telefonaktiebolaget LM Ericsson (publ) Stock Down 1.9 %
ERIC stock opened at $6.77 on Monday. The firm has a market cap of $22.56 billion, a PE ratio of -677,000.00, a P/E/G ratio of 3.89 and a beta of 0.92. Telefonaktiebolaget LM Ericsson has a 12 month low of $4.77 and a 12 month high of $8.90. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.17 and a quick ratio of 0.96. The firm has a 50 day simple moving average of $7.90 and a 200 day simple moving average of $8.04.
Telefonaktiebolaget LM Ericsson (publ) (NASDAQ:ERIC – Get Free Report) last issued its quarterly earnings results on Friday, January 24th. The communications equipment provider reported $0.17 earnings per share for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.04). Telefonaktiebolaget LM Ericsson (publ) had a net margin of 0.06% and a return on equity of 13.70%.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently made changes to their positions in ERIC. GAMMA Investing LLC lifted its position in shares of Telefonaktiebolaget LM Ericsson (publ) by 665.9% in the 1st quarter. GAMMA Investing LLC now owns 107,848 shares of the communications equipment provider’s stock valued at $837,000 after acquiring an additional 93,766 shares in the last quarter. Versant Capital Management Inc raised its stake in Telefonaktiebolaget LM Ericsson (publ) by 2,188.3% during the 1st quarter. Versant Capital Management Inc now owns 35,606 shares of the communications equipment provider’s stock valued at $276,000 after purchasing an additional 34,050 shares during the period. Wealth Enhancement Advisory Services LLC purchased a new stake in shares of Telefonaktiebolaget LM Ericsson (publ) in the fourth quarter valued at $105,000. Brucke Financial Inc. acquired a new stake in shares of Telefonaktiebolaget LM Ericsson (publ) in the fourth quarter worth $212,000. Finally, Mackenzie Financial Corp purchased a new position in shares of Telefonaktiebolaget LM Ericsson (publ) during the fourth quarter valued at $158,000. 7.99% of the stock is currently owned by institutional investors and hedge funds.
Telefonaktiebolaget LM Ericsson (publ) Increases Dividend
The business also recently disclosed a dividend, which was paid on Thursday, March 27th. Shareholders of record on Thursday, March 27th were issued a dividend of $0.1315 per share. The ex-dividend date of this dividend was Thursday, March 27th. This is an increase from Telefonaktiebolaget LM Ericsson (publ)’s previous dividend of $0.13. Telefonaktiebolaget LM Ericsson (publ)’s payout ratio is presently -1,700,000.00%.
Telefonaktiebolaget LM Ericsson (publ) Company Profile
Telefonaktiebolaget LM Ericsson (publ), together with its subsidiaries, provides mobile connectivity solutions for telcom operators and enterprise customers in various sectors in North America, Europe, Latin America, the Middle East, Africa, North East Asia, South East Asia, Oceania, and India. It operates in four segments: Networks; Cloud Software and Services; Enterprise; and Other.
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