Main Takeaways: Buying Sprint Stock
- Pick a broker. We recommend Webull, TD Ameritrade and Interactive Brokers.
- Open a demo account. Trading with virtual money will get you ready to using your real brokerage account with real money.
- Fund your account. You’ll need to deposit money via check, wire transfer or another acceptable deposit method.
- Buy Sprint (NYSE: S) stock. ...
Full Answer
Can you still buy Sprint stock?
How You Can Buy Sprint Stock Right Now. You can buy Sprint stock right now if you've already opened a brokerage account with a broker that has access to New York Stock Exchange (NYSE) traded stocks.
What happens to Sprint stock if merger?
Under the terms of the transaction, Sprint shareholders will receive a fixed exchange ratio of 0.10256 T-Mobile shares for each Sprint share, or the equivalent of approximately 9.75 Sprint shares for each T-Mobile share.
What is the stock symbol for Sprint?
S_oldSprint Corp (S_old)
Is TMUS a good buy?
The financial health and growth prospects of TMUS, demonstrate its potential to perform inline with the market. It currently has a Growth Score of B. Recent price changes and earnings estimate revisions indicate this would be a good stock for momentum investors with a Momentum Score of B.
When did Sprint stock convert to T-Mobile?
A4 Your outstanding Sprint stock awards will convert to T-Mobile stock awards and transition to Fidelity Stock Plan Services for record keeping by April 22, 2020. You'll receive more information from the T-Mobile Stock Plan mailbox and Fidelity following the transition.
Did T-Mobile buy Sprint?
When T-Mobile acquired Sprint in April 2020, it brought our major wireless carrier choices from four down to three.
What company owns Sprint?
T-Mobile USSoftBank GroupSprint Corporation/Parent organizations
What is Instagram stock name?
Instagram stock symbol Instagram is currently listed on NASDAQ — American stock exchange — and has a ticker symbol “FB”.
Who started Sprint?
Cleyson Brown Jacob BrownSprint CorporationFormer Sprint World Headquarters Campus in Overland Park, Kansas, U.S.FoundedDecember 21, 1899FoundersCleyson Brown Jacob BrownDefunctApril 1, 2020 (as an independent company) August 2, 2020 (official)FateMerged into T-Mobile US20 more rows
Will Tmobile stock keep going up?
T-Mobile expects over 10% EBITDA (earnings before interest, taxes, depreciation and amortization) growth, up from 7% in 2021, due to faster Sprint synergy realization. After hitting an all-time high of 150.20 on July 16 last year, T-Mobile stock swooned. But as of May 23, TMUS stock has gained nearly 15% in 2022.
What is target price for TMUS?
Stock Price TargetsHigh$230.00Median$167.50Low$128.00Average$171.46Current Price$134.11
Is T-Mobile owned by AT&T?
In a stunning move, AT&T has acquired T-Mobile USA for a whopping $39 billion from Deutsche Telekom.
Should I buy or sell Sprint stock right now?
14 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Sprint in the last year. There are currently 2 hold ratings and...
What is Sprint's stock price forecast for 2022?
14 brokerages have issued 1 year price objectives for Sprint's stock. Their forecasts range from $57.00 to $82.00. On average, they predict Sprint'...
How were Sprint's earnings last quarter?
Sprint (NYSE:SPRINT) issued its earnings results on Tuesday, September, 7th. The cell phone carrier reported ($0.57) earnings per share (EPS) for t...
Who are Sprint's key executives?
Sprint's management team includes the following people: Mr. Raul Marcelo Claure , Exec. Chairman (Age 49) Mr. Michel Combes , Pres, CEO & Direc...
Who are some of Sprint's key competitors?
Some companies that are related to Sprint include Crown Castle International (CCI) , SBA Communications (SBAC) , BlackBerry (BB) , United State...
What is Sprint's stock symbol?
Sprint trades on the New York Stock Exchange (NYSE) under the ticker symbol "SPRINT."
How much money does Sprint make?
Sprint (NYSE:SPRINT) has a market capitalization of $0.00 and generates $93.06 million in revenue each year.
How many employees does Sprint have?
Sprint employs 850 workers across the globe.
What is Sprint's official website?
The official website for Sprint is www.sprint.com .
3.4 Analyst's Opinion
Sprint has received a consensus rating of Buy. The company's average rating score is 2.86, and is based on 12 buy ratings, 2 hold ratings, and no sell ratings.
Is Sprint a buy right now?
14 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Sprint in the last twelve months. There are currently 2 hold ratings and 12 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Sprint stock. View analyst ratings for Sprint or view top-rated stocks.
How were Sprint's earnings last quarter?
Sprint (NYSE:SPRINT) announced its quarterly earnings data on Tuesday, September, 7th. The cell phone carrier reported ($0.57) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of ($0.20) by $0.37.
What price target have analysts set for SPRINT?
14 brokers have issued 1 year target prices for Sprint's stock. Their forecasts range from $57.00 to $82.00. On average, they expect Sprint's share price to reach $72.43 in the next year. View analysts' price targets for Sprint or view top-rated stocks among Wall Street analysts.
Who are some of Sprint's key competitors?
Some companies that are related to Sprint include Crown Castle International (CCI), SBA Communications (SBAC), BlackBerry (BB), United States Cellular (USM), Telephone and Data Systems (TDS), Shenandoah Telecommunications (SHEN) and Spok (SPOK). View all of SPRINT's competitors.
What is Sprint's stock symbol?
Sprint trades on the New York Stock Exchange (NYSE) under the ticker symbol "SPRINT."
When did Sprint's lock-up period expire?
Sprint's lock-up period expired on Monday, December 27th. Sprint had issued 35,000,000 shares in its initial public offering on June 30th. The total size of the offering was $1,225,000,000 based on an initial share price of $35.00.
How to buy Sprint stocks?
Below is a quick guide on how to buy NYSE:S stocks safe, fast and around the world in less than five minutes.
Is Sprint a buy right now?
3 Wall Street equities research analysts have issued “buy,” “hold,” and “sell” ratings for Sprint in the last year. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should “hold” Sprint stock.
What stocks does Reportlab like better than Sprint?
Wall Street analysts have given Sprint a “Hold” rating, but there may be better short-term opportunities in the market. Some of Reportlab’s past winning trading ideas have resulted in 5-15% weekly gains. Reportlab just released five new trading ideas, but Sprint wasn’t one of them.
How to buy Sprint stocks step by step guide
It can be difficult to navigate through all the outdated and incorrect information related to purchasing NYSE:S stocks. We believe that stocks should be accessible for all, which is why we’ve created this handy guide on where to buy Sprint stocks with a step by step approach.
How And Where To Buy Stocks Conclusion
All in all, NYSE:S is an incredibly interesting company that has the potential to solve some major issues in the business space. After reading this guide you should know how to buy this investment using the best broker or platform. We recommend eToro to anyone looking for a regulated, easy-to-use, fully-featured broker to buy Sprint stocks.
What price target have analysts set for S?
3 Wall Street analysts have issued 1 year price targets for Sprint’s shares. Their forecasts range from $9.50 to $11.00. On average, they expect Sprint’s stock price to reach $10.25 in the next twelve months.
Where to Buy Sprint Stocks Broker Reviews
Launched in 2006, eToro is, in our opinion, without a doubt the best broker for buying NYSE:S stocks in the world. The onboarding process is simple, it’s designed to make sure even those new to the stock market are ready to start investing the shortest amount of time possible.
This struggling telecom is more of a lottery ticket than an investment
Sprint ' s ( S ) merger with fellow wireless telecom T-Mobile US ( TMUS -0.46% ), a year and a half in the making, is still up in the air. Buying Sprint shares today is a firm bet that the deal will be approved and consummated in its current form. Anything short of that would be downright bad news for Sprint shareholders.
You really don't want to own Sprint in the long run
Let's be clear: Sprint is probably dead meat if the T-Mobile merger falls apart.
What's at stake?
The merger deal calls for each Sprint share to be converted into 0.10256 T-Mobile stubs. Since T-Mobile is trading at roughly $78 per share today, that works out to a final deal-powered value of $8 per share.
Here's a better idea
I'm an investor, not a gambler. Therefore, I wouldn't recommend owning Sprint shares today.
While the No. 4 U.S. telecom waits to see if regulators will OK its merger with No. 3 T-Mobile, the values of the deal and their respective stocks have shifted
Daniel B. Kline is an accomplished writer and editor who has worked for Microsoft on its Finance app and The Boston Globe, where he wrote for the paper and ran the Boston.com business desk. His latest book, "Worst Ideas Ever," (Skyhorse) can be purchased at bookstores everywhere. Follow @tworstideas
What's happening now?
Since the merger plan was announced on April 29, the two companies have been making their case for its approval. Sprint and T-Mobile have to convince federal regulators that they can't effectively compete with Verizon ( NYSE:VZ) and AT&T ( NYSE:T) without merging, and that letting them join forces will be beneficial to consumers
Should you buy Sprint stock?
If you're considering purchasing shares in Sprint because you believe the merger will be approved, and you expect T-Mobile shares will regain their lost value, it probably makes more sense to just buy T-Mobile. Legere's company will fare better than its potential partner if the union is shot down, because the company was already growing quickly.
Can we expect growth from Sprint?
Future outlook is an important aspect when you’re looking at buying a stock, especially if you are an investor looking for growth in your portfolio. Although value investors would argue that it’s the intrinsic value relative to the price that matter the most, a more compelling investment thesis would be high growth potential at a cheap price.
What this means for you
Are you a shareholder? Although S is currently undervalued, the negative outlook does bring on some uncertainty, which equates to higher risk. Consider whether you want to increase your portfolio exposure to S, or whether diversifying into another stock may be a better move for your total risk and return.
The company has limited prospects aside from an acquisition
Daniel B. Kline is an accomplished writer and editor who has worked for Microsoft on its Finance app and The Boston Globe, where he wrote for the paper and ran the Boston.com business desk. His latest book, "Worst Ideas Ever," (Skyhorse) can be purchased at bookstores everywhere. Follow @tworstideas
Where does Sprint stand now?
The company is still losing money ($48 million in Q2), but that's down from $142 million in the year-prior quarter. Claure has accomplished near-breakeven by cutting expenses while also growing revenue. The company expects $1.3 billion to $1.5 billion of year-over-year net reductions in cost of services and SG&A expenses in fiscal year 2017.
Why will I not buy Sprint?
Sprint has improved, but it's fourth in its market with no hope of getting to third. In addition, the company's marketing angle is essentially copying what T-Mobile ( NASDAQ:TMUS) does.
Sprint needs a deal
Claure deserves credit for making his company into something that T-Mobile wants. There was a time when all the Un-carrier needed to do to take Sprint's customers was wait. That's no longer the case, but that does not mean Sprint sits in a healthy position.
