Zacks Research Has Negative Outlook for ERIC FY2026 Earnings

Telefonaktiebolaget LM Ericsson (publ) (NASDAQ:ERIC - Free Report) - Research analysts at Zacks Research dropped their FY2026 earnings per share (EPS) estimates for Telefonaktiebolaget LM Ericsson (publ) in a report issued on Thursday, April 3rd. Zacks Research analyst R. Department now anticipates that the communications equipment provider will post earnings per share of $0.52 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.

A number of other equities research analysts have also issued reports on the stock. StockNews.com lowered shares of Telefonaktiebolaget LM Ericsson (publ) from a "strong-buy" rating to a "buy" rating in a report on Friday, January 24th. JPMorgan Chase & Co. increased their price objective on Telefonaktiebolaget LM Ericsson (publ) from $8.90 to $9.80 and gave the company a "neutral" rating in a research note on Friday.

Telefonaktiebolaget LM Ericsson (publ) Stock Up 2.5 %

Shares of NASDAQ ERIC traded up $0.18 during midday trading on Monday, hitting $7.29. The company's stock had a trading volume of 28,934,723 shares, compared to its average volume of 17,932,242. 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 market capitalization of $24.30 billion, a price-to-earnings ratio of -729,000.00, a price-to-earnings-growth ratio of 3.89 and a beta of 0.92. The business's fifty day simple moving average is $7.87 and its two-hundred day simple moving average is $8.03. Telefonaktiebolaget LM Ericsson has a 1 year low of $4.77 and a 1 year high of $8.90.

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Telefonaktiebolaget LM Ericsson (publ) (NASDAQ:ERIC - Get Free Report) last announced its earnings results on Friday, January 24th. The communications equipment provider reported $0.17 EPS 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%.

Telefonaktiebolaget LM Ericsson (publ) Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, March 27th. Investors of record on Thursday, March 27th were paid a dividend of $0.1315 per share. This is a positive change from Telefonaktiebolaget LM Ericsson (publ)'s previous dividend of $0.13. The ex-dividend date of this dividend was Thursday, March 27th. Telefonaktiebolaget LM Ericsson (publ)'s dividend payout ratio is presently -1,800,000.10%.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Diversified Trust Co increased its position in shares of Telefonaktiebolaget LM Ericsson (publ) by 68.7% in the 4th quarter. Diversified Trust Co now owns 343,965 shares of the communications equipment provider's stock valued at $2,772,000 after purchasing an additional 140,116 shares during the last quarter. Sanctuary Advisors LLC grew its stake in shares of Telefonaktiebolaget LM Ericsson (publ) by 80.2% during the third quarter. Sanctuary Advisors LLC now owns 23,662 shares of the communications equipment provider's stock worth $193,000 after purchasing an additional 10,530 shares in the last quarter. Global Retirement Partners LLC increased its holdings in Telefonaktiebolaget LM Ericsson (publ) by 275.3% in the fourth quarter. Global Retirement Partners LLC now owns 48,892 shares of the communications equipment provider's stock valued at $394,000 after buying an additional 35,863 shares during the last quarter. Atria Investments Inc raised its stake in Telefonaktiebolaget LM Ericsson (publ) by 370.6% in the fourth quarter. Atria Investments Inc now owns 50,651 shares of the communications equipment provider's stock valued at $408,000 after buying an additional 39,889 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its holdings in Telefonaktiebolaget LM Ericsson (publ) by 15.0% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 252,164 shares of the communications equipment provider's stock worth $2,032,000 after buying an additional 32,982 shares during the last quarter. Hedge funds and other institutional investors own 7.99% of the company's stock.

About Telefonaktiebolaget LM Ericsson (publ)

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.