Verizon Communications Inc. (VZ)
| Market Cap | 161.52B |
| Revenue (ttm) | 134.10B |
| Net Income (ttm) | 20.90B |
| Shares Out | 4.20B |
| EPS (ttm) | 4.97 |
| PE Ratio | 7.75 |
| Forward PE | 8.21 |
| Dividend | $2.66 (6.91%) |
| Ex-Dividend Date | Oct 6, 2023 |
| Volume | 20,211,234 |
| Open | 38.25 |
| Previous Close | 38.42 |
| Day's Range | 38.08 - 38.88 |
| 52-Week Range | 30.14 - 42.58 |
| Beta | 0.40 |
| Analysts | Buy |
| Price Target | 41.29 (+7.25%) |
| Earnings Date | Jan 23, 2024 |
About VZ
Verizon Communications Inc., through its subsidiaries, provides 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) broadband through its wire... [Read more]
Financial Performance
In 2022, VZ's revenue was $136.84 billion, an increase of 2.41% compared to the previous year's $133.61 billion. Earnings were $21.26 billion, a decrease of -3.67%.
Financial StatementsAnalyst Forecast
According to 14 analysts, the average rating for VZ stock is "Buy." The 12-month stock price forecast is $41.29, which is an increase of 7.25% from the latest price.
News
Verizon Adds Former Peloton CMO Leslie Berland to Leadership Team
Verizon Communications has appointed former Peloton Chief Marketing Officer Leslie Berland as executive vice president and chief marketing officer. Effective Jan. 9, Berland will oversee Verizon's gl...
Verizon appoints Leslie Berland as Chief Marketing Officer
Berland brings over 20 years of experience building some of the world's most iconic brands to oversee Verizon's global marketing strategy Berland brings over 20 years of experience building some of th...
Verizon Frontline, Columbus Division of Police partner to upgrade officer connectivity
COLUMBUS, Ohio, Dec. 06, 2023 (GLOBE NEWSWIRE) -- Verizon Frontline late last week completed the deployment of a total of 1,400 new 5G Ultra Wideband (UW)-compatible smartphones to officers and suppor...
Verizon Business and Zebra Technologies launch device and software solutions to accelerate private 5G
What you need to know: Zebra mobile device and software packaged solutions are certified to work with Verizon Private 5G and LTE networks throughout the U.S., helping private-network customers get ope...
Verizon expands partnership with TechSTL to advance digital equity in St. Louis through the Verizon Forward Community Enhancement Award
ST. LOUIS, Dec. 05, 2023 (GLOBE NEWSWIRE) -- Verizon announces a $100,000 award to TechSTL for the TechLAUNCH program in St. Louis. The partnership is part of the Verizon Forward Community Enhancement...
Verizon wins $15 million Navy MWR data services contract
WASHINGTON, Dec. 05, 2023 (GLOBE NEWSWIRE) -- Verizon Public Sector has been competitively awarded a $15 million task order with Navy Morale, Welfare, and Recreation (MWR) through the federal governme...
Verizon Offers $10 Bundle For Netflix And Max: Here Are All The Bundle Deals Currently Available
From competitors to partners: Netflix and Max announce first-ever bundle for Verizon myPlan customers.
Verizon announces Netflix, Max streaming bundle for customers
Verizon Communications said on Monday it would offer streaming subscriptions to Netflix and Warner Bros Discovery-owned Max platforms as a bundle to its customers.
Verizon to offer a Netflix and Max bundle for $10 monthly
Verizon Communications Inc. VZ, +0.65% plans to offer a bundle containing ad-free Netflix and Max for $10 a month combined to customers of its myPlan service. These wireless plans let customers choose...
Verizon to offer Netflix & Max streaming bundle as $10 per month myPlan perk
New bundle – only for Verizon customers – saves more than 40% each month New bundle – only for Verizon customers – saves more than 40% each month
Verizon Chairman & CEO Hans Vestberg to speak at UBS Global Media & Communications Conference Dec. 4
NEW YORK, Nov. 30, 2023 (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...
Verizon Business brings 5G Innovation Sessions to Dallas
Verizon and Nokia to bring the final event of the 2023 5G Innovation Sessions tour to Globe Life Field on December 6 Verizon and Nokia to bring the final event of the 2023 5G Innovation Sessions tour ...
Verizon-subsidiary TracFone to pay $23.5 million to resolve FCC probes
Verizon-subsidiary TracFone Wireless agreed to pay $23.5 million to resolve a Federal Communications Commission investigation into allegations it violated rules for two government programs, the agency...
Verizon accelerates network slicing technology with new public safety use case
Field demonstration shows initial capabilities of end-to-end, dynamic network resource provisioning on a 5G network to enhance situational awareness for public safety personnel Field demonstration sho...
Verizon to speak at Wells Fargo TMT Summit November 28
NEW YORK, Nov. 27, 2023 (GLOBE NEWSWIRE) -- Joe Russo, executive vice president and president of global networks and technology of Verizon (NYSE, Nasdaq: VZ), is scheduled to speak at the Wells Fargo ...
Verizon Frontline supports wildfire response efforts in Virginia
MADISON, Va., Nov. 21, 2023 (GLOBE NEWSWIRE) -- The Verizon Frontline Crisis Response Team recently completed a deployment in support of the more than 200 first responders responsible for battling the...
Verizon advances network technology at the big motorsports event in Las Vegas
Customers used 79.3 TB of data over Verizon's fast, reliable 5G Ultra Wideband network. Network Slicing demo showed exceptional performance for streaming content in a high data-usage environment. Cust...
Verizon awards $100K to Portland Regional Chamber of Commerce to advance digital equity in Maine
PORTLAND, Maine, Nov. 21, 2023 (GLOBE NEWSWIRE) -- Verizon announces a $100,000 award to the Portland Regional Chamber of Commerce (“the Chamber”) for the development of Opportunity Clicks. The partne...
Verizon's stock heads for longest winning streak in more than a decade
Verizon Communications Inc. shares VZ were up 1.3% in morning trading Tuesday and on track to log their eighth session in a row of gains. That would make for the stock's longest winning streak since t...
Verizon grants $100K to Associated Industries of Massachusetts to launch digital inclusion program
BOSTON, Nov. 21, 2023 (GLOBE NEWSWIRE) -- Verizon announces a $100,000 award to the Associated Industries of Massachusetts (AIM) to establish the Digital Inclusion Initiative (DI2). The partnership is...
Verizon earns highest federal performance rating for 10th year in a row
Consecutive “exceptional” WITS 3 rating punctuates decade of federal contract growth Consecutive “exceptional” WITS 3 rating punctuates decade of federal contract growth
Verizon Business expands private 5G at Port of Virginia with new network at Norfolk International Terminal
What you need to know: The agreement between Norfolk International Terminal (NIT) and Verizon Business follows the successful deployment of a private 5G network at the neighboring Virginia Internation...
10 media stocks expected by Wall street analysts to rise as much as 60% in 2024
The Communications Services sector of the S&P 500 is a mixed bag of companies growing revenue quickly and others with business models that are mature or undergoing transformation. Some of the latter h...
Verizon Business 2023 Mobile Security Index: Balancing Security with Business Imperatives
What you need to know: Users are 6-10 times more likely to fall victim to an SMS phishing attack than an email attack 90% of successful cyberattacks and as many as 70% of successful data breaches orig...