Verizon Communications Inc. (VZ)
| Market Cap | 166.03B |
| Revenue (ttm) | 134.24B |
| Net Income (ttm) | 9.80B |
| Shares Out | 4.21B |
| EPS (ttm) | 2.31 |
| PE Ratio | 17.06 |
| Forward PE | 8.41 |
| Dividend | $2.71 (6.87%) |
| Ex-Dividend Date | Jan 10, 2025 |
| Volume | 104,436 |
| Open | 39.76 |
| Previous Close | 39.92 |
| Day's Range | 39.42 - 39.84 |
| 52-Week Range | 37.56 - 45.36 |
| Beta | 0.43 |
| Analysts | Buy |
| Price Target | 46.06 (+16.79%) |
| Earnings Date | Jan 24, 2025 |
About VZ
Verizon Communications Inc., through its subsidiaries, engages in the provision of communications, technology, information, and entertainment products and services to consumers, businesses, and governmental entities worldwide. It operates in two segments, Verizon Consumer Group (Consumer) and Verizon Business Group (Business). The Consumer segment provides wireless services across the wireless networks in the United States under the Verizon and TracFone brands and through wholesale and other arrangements; and fixed wireless access (FWA) broadba... [Read more]
Financial Performance
In 2023, Verizon's revenue was $133.97 billion, a decrease of -2.09% compared to the previous year's $136.84 billion. Earnings were $11.61 billion, a decrease of -45.36%.
Financial StatementsAnalyst Forecast
According to 17 analysts, the average rating for VZ stock is "Buy." The 12-month stock price forecast is $46.06, which is an increase of 16.79% from the latest price.
News
Verizon says it has secured its network after breach by China-linked Salt Typhoon group
U.S. telecom giant Verizon says it has secured its network after being targeted by the China-linked Salt Typhoon cyberespionage group.
Johnson Fistel Investigates the Proposed Merger of Frontier Communications; Is $38.50 a Fair Price?
SAN DIEGO, Dec. 26, 2024 (GLOBE NEWSWIRE) -- Johnson Fistel, LLP has begun an investigation into whether the board members of Frontier Communications Parent, Inc. (NASDAQ: FYBR) breached their fiducia...
Wall Street's Most Accurate Analysts Weigh In On 3 Tech And Telecom Stocks With Over 5% Dividend Yields
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high...
Verizon: A Stock Position Is Good, But This Kind Of Leverage Even Better
Verizon's high dividend yield and potential benefit from lower interest rates make it an attractive investment despite slow growth and strong competition. VZ's economic moat is narrow, driven by its d...
Vertical Bridge Completes $3.3 Billion Tower Transaction with Verizon
BOCA RATON, Fla. , Dec. 23, 2024 /PRNewswire/ -- Vertical Bridge REIT, LLC ("Vertical Bridge"), the largest private owner and operator of communications infrastructure in the United States, today anno...
The Big 3: CAT, NVO, VZ
Caterpillar (CAT) has given back all of its post-election rally, and Kenny Polcari says the stock could hover around current levels before retesting $412 in the new year. Kenny's also looking at poten...
Allot Stock: Potential Verizon Expansion Validates The Bull Case
We believe Allot Ltd. recently launched a game-changing SECaaS expansion with Verizon and might now power its Mobile Business Internet Security ("MBIS") product. MBIS could add $11-$18 million of SECa...
Verizon Frontline powers NORAD Tracks Santa initiative for 22nd year
Enhanced network solutions and Verizon Frontline assets provide redundancy and reliability so children around the world can track Santa Enhanced network solutions and Verizon Frontline assets provide ...
Verizon Frontline Crisis Response Team supports 800+ agencies during 2024 emergency responses
What you need to know: The Verizon Frontline Crisis Response Team deployed nearly 900 times in 2024, supporting first responders in nearly every state and Washington D.C. The team responded to request...
Verizon Collaborates with NVIDIA to Power AI Workloads on 5G Private Networks with Mobile Edge Compute
Verizon's reliable, secure private 5G network and Private Mobile Edge Compute (MEC) with NVIDIA AI combine to deliver powerful, real-time AI services at the edge, empowering customers through innovati...
Verizon Communications: A Solid Play For Value-Oriented Investors
AT&T has outperformed Verizon Communications this year, but Verizon's current valuation makes it an attractive investment opportunity, earning it a solid 'buy' rating. Verizon's third-quarter revenue ...
Verizon redefines clear connections on-the-go with the launch of Enhanced Video Calling
New intelligent network feature called network slicing provides differentiated service for customers' mobile video calling needs New intelligent network feature called network slicing provides differe...
Verizon: Narrow Margin Of Safety Per Graham P/E And Number
I was disappointed by the growth (or the lack) shown in Verizon's Q3 2024 earnings report. As such, I reiterate my HOLD rating despite the attractive dividends and a single-digit P/E ratio. Moreover, ...
Dividend Income Summary: Lanny's November 2024 Summary
Investing in dividend stocks allows you to earn dividend income, the best passive income stream. The power of compounding and dividend reinvestment is a wonderful component to the portfolio. All of th...
Verizon settles 5G patent lawsuit after overturned $847 mln verdict
Verizon Wireless has agreed to settle a lawsuit in which it was previously hit with a $847 million jury verdict for infringing 5G wireless patents, according to a filing in Texas federal court.
Verizon Communications Inc. (VZ) CEO Hans Vestberg presents at UBS Global Media and Communications Conference 2024 (Transcript)
Verizon Communications Inc. (NYSE:VZ) UBS Global Media and Communications Conference 2024 December 9, 2024 9:00 AM ET Company Participants Hans Vestberg - CEO and Chairman Conference Call Participant...
Verizon: Rally Isn't Over Yet - Be Patient
Verizon stock has struggled since its September 2024 peak, although its valuation bifurcation has narrowed markedly. Verizon is in the process of closing its Frontier acquisition to bolster its fiber ...
Buy 3 December Barron's Better Bet 'Safer' Dividend Dogs Of 23
Long-term bond yields continue to rise. But investors looking for income can still find plenty of attractive opportunities with dividend-paying stocks that have healthy yields. “23 stocks pay huge div...
Top 10 High-Yield Picks For December 2024 With Strategic Allocations: 5 Yield Over 7%
In this article, I will share with you 10 attractive high dividend yield companies that could help you enhance your portfolio's ability to generate dividend income. I will also share allocation limits...
Daniel H. Schulman elected as Verizon lead director
NEW YORK, Dec. 05, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Verizon Communications Inc. (NYSE, Nasdaq: VZ) has elected Daniel H. Schulman as lead director, effective immediately. Schulman ha...
Verizon declares quarterly dividend on December 5
NEW YORK, Dec. 05, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Verizon Communications Inc. (NYSE, Nasdaq: VZ) today declared a quarterly dividend of 67.75 cents per outstanding share, unchanged...
Dividend Harvesting Portfolio Week 196: $19,600 Allocated, $1,876.88 In Projected Dividends
The S&P 500 is projected to finish between 6,700 and 7,200 in 2025, driven by lower Fed rates and potential corporate tax cuts. The Dividend Harvesting Portfolio reached new all-time highs with a 29.0...
EBARA Corporation Deploys Cyber Monitoring and Intelligence Capabilities Powered by Verizon Business
TOKYO , Dec. 04, 2024 (GLOBE NEWSWIRE) -- Verizon Business is supporting Japan's EBARA Corporation and its subsidiaries to strengthen EBARA's global cybersecurity monitoring and cyber intelligence cap...
Dow 30 December Dogs Show 28 Pay Dividends And 1 "Safer" Buy
Verizon is the only Dow Dog meeting the ideal of annual dividends from $1K invested exceeding its single share price. Five more Dow Dogs, including Cisco and Merck, are within 66% of meeting this idea...
Verizon Chairman & CEO Hans Vestberg to speak at UBS Global Media & Communications Conference Dec. 9
NEW YORK, Dec. 04, 2024 (GLOBE NEWSWIRE) -- Hans Vestberg, Chairman and CEO of Verizon (NYSE, Nasdaq: VZ), is scheduled to speak at the UBS Global Media & Communications Conference on Monday, December...