Verizon Communications Inc. (VZ)
| Market Cap | 177.73B |
| Revenue (ttm) | 134.24B |
| Net Income (ttm) | 9.80B |
| Shares Out | 4.21B |
| EPS (ttm) | 2.31 |
| PE Ratio | 18.26 |
| Forward PE | 8.99 |
| Dividend | $2.71 (6.42%) |
| Ex-Dividend Date | Oct 10, 2024 |
| Volume | 7,716,090 |
| Open | 42.00 |
| Previous Close | 41.93 |
| Day's Range | 41.75 - 42.28 |
| 52-Week Range | 36.46 - 45.36 |
| Beta | 0.42 |
| Analysts | Buy |
| Price Target | 46.00 (+8.95%) |
| Earnings Date | Oct 22, 2024 |
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 $46.0, which is an increase of 8.95% from the latest price.
News
If I Could Only Buy 2 High Dividend Yield Companies In November 2024: Both Yield Above 6%
I have selected Pfizer and Verizon as my top two high dividend yield companies to invest in for November 2024. Both pay an attractive Dividend Yield [FWD] of 6.14% (Pfizer) and 6.58% (Verizon) and hav...
Verizon announces Dejero as latest “Verizon Frontline Verified” partner
BASKING RIDGE, N.J., Nov. 19, 2024 (GLOBE NEWSWIRE) -- Verizon Frontline today announced Dejero as the latest partner to earn “Verizon Frontline Verified” status.
Verizon statement on naming of Brendan Carr as FCC Chairman
NEW YORK, Nov. 18, 2024 (GLOBE NEWSWIRE) -- The following should be attributed to Hans Vestberg, Verizon, chairman and CEO: Verizon congratulates FCC Commissioner Brendan Carr on being named the next ...
Verizon to speak at Morgan Stanley European TMT Conference November 21
NEW YORK, Nov. 18, 2024 (GLOBE NEWSWIRE) -- Tony Skiadas, executive vice president and chief financial officer for Verizon (NYSE, Nasdaq: VZ), is scheduled to speak at the Morgan Stanley European Tech...
Verizon and AT&T Beware. RFK Jr. Might Hit More Than Just Pharma Stocks.
Donald Trump's pick for Health Secretary previously told Joe Rogan that Wi-Fi “opens up your blood-brain barrier.”
Verizon Connect report highlights fleet tech adoption, ROI gains, and safety improvements
What you need to know: For five consecutive years, at least four out of five respondents have reported using at least one form of fleet technology. Fleet technology is making significant strides in re...
Wall Street's Most Accurate Analysts Give Their Take On 3 Tech And Telecom Stocks With Over 4% 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 partners with Knightscope to power connectivity for advanced public safety tech
Knightscope's K5 GOV Autonomous Security Robot has received FedRAMP Approval to serve the U.S. Department of Veterans Affairs Knightscope's K5 GOV Autonomous Security Robot has received FedRAMP Approv...
Frontier shareholders approve $9.6 billion deal with Verizon
Frontier Communications shareholders have approved a $9.6 billion sale to Verizon , the company said on Wednesday, even as a number of large investors sought to get a higher price.
Frontier Stockholders Approve Acquisition by Verizon
DALLAS--(BUSINESS WIRE)--Frontier Communications Parent, Inc. (NASDAQ: FYBR) (“Frontier” or the “Company”) today announced that its stockholders approved the acquisition by Verizon Communications Inc....
Frontier communications shareholders set to approve deal to be acquired by verizon, sources say
Frontier Communications shareholders are set to approve a deal to be acquired by Verizon even after a number of large investors sought to get a higher price, sources familiar with the matter said on W...
Verizon's Takeover of Frontier Set to Clear Shareholder Vote
The $9.6 billion deal would expand Verizon's fiber network to a size that would rival major competitors such as AT&T and Comcast.
Verizon Frontline delivers connectivity during North Carolina nuclear incident training exercise
What you need to know: The Verizon Frontline Crisis Response Team supported first responders participating in the exercise Advanced communication technologies helped ensure seamless coordination acros...
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Verizon, ForgiveCo launch $3M Veteran Debt Relief Program to alleviate hardships for veterans this holiday season
Initiative provides financial relief for veterans across Michigan, Missouri, and Wisconsin Initiative provides financial relief for veterans across Michigan, Missouri, and Wisconsin
Total Wireless Announces Partnership with Puerto Rican Boxing Trailblazer and Unified Champion Amanda Serrano
NEW YORK--(BUSINESS WIRE)--In celebration of Puerto Rican Heritage Month, Total Wireless, a fast-growing, no-contract wireless provider powered by the Verizon 5G network, is proud to announce its offi...
U.S. Department of Defense awards Verizon Business with contract extension
The award brings the total Global Network Solutions contract value to over $98 million The award brings the total Global Network Solutions contract value to over $98 million
Verizon remains ready amid the Mountain and Broad Fires
Year-round preparation ensures wildfire readiness, keeping Ventura County and Malibu communities connected Year-round preparation ensures wildfire readiness, keeping Ventura County and Malibu communit...
My Top 10 High Dividend Yield Companies For November 2024: 2 Yield More Than 8%
I will highlight 10 high dividend yield companies which, I believe, are worth considering investing in for November 2024. Each company could increase your portfolio's ability to generate dividend inco...
Buy 7 November Barron's Better Bet DiviDogs Of 23 & Watch 3 More To Be 'Safer'
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...
Verizon announces tender offers for six series of debt securities
NEW YORK, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Verizon Communications Inc. (“Verizon”) (NYSE, NASDAQ: VZ) today announced the commencement of six separate offers to purchase for cash up to $3.5 billion a...
Verizon Business, TriMet delivering advanced mass transit capabilities to Portland region
PORTLAND, Ore., Nov. 07, 2024 (GLOBE NEWSWIRE) -- Verizon Business today announced the activation of more than 740 new Fixed Wireless Access (FWA) lines with the Tri-County Metropolitan Transportation...
National Advertising Division Recommends Verizon Discontinue or Modify Certain Claims for Satellite-Supported Texting Services
In a Fast-Track SWIFT challenge brought by T-Mobile US, Inc., BBB National Programs' National Advertising Division recommended that Verizon Communications Inc. either discontinue certain claims about ...
Dividend Aristocrats Of The Future - Part 3
This is the final group of 10 companies scheduled to reach dividend aristocrat status, sometime over the next five years. There are a variety of companies listed, some of whom may not be able to reach...