VZ - Verizon Communications Inc.
54.96 -0.02 (-0.04%)
After hours: 6:22PM EDT
| Previous close | 54.90 |
| Open | 55.08 |
| Bid | 54.85 x 900 |
| Ask | 54.92 x 3000 |
| Day's range | 54.61 - 55.27 |
| 52-week range | 43.97 - 55.90 |
| Volume | 21,613,699 |
| Avg. volume | 14,223,131 |
| Market cap | 227.174B |
| Beta (3Y monthly) | 0.72 |
| PE ratio (TTM) | 7.30 |
| EPS (TTM) | 7.54 |
| Earnings date | 23 Oct 2018 |
| Forward dividend & yield | 2.41 (4.39%) |
| Ex-dividend date | 2018-10-09 |
| 1y target est | 56.71 |
- GlobeNewswire•4 hours ago
Verizon Wireless Services Up and Running in the Panhandle. Don’t cut the fiber!
Verizon engineers and fiber crews have been working around the clock after unprecedented damage to our fiber infrastructure caused by the most intense storm in history to make landfall in the Panhandle. Services for our customers and first responders are back up and running today, providing wireless coverage essentially everywhere it was before Hurricane Michael hit. "Verizon is back up and running in the Panhandle," said Tami Erwin, Verizon Wireless executive vice president of wireless operations.
- Bloomberg•8 hours ago
Tiny Wireless-Network Experiment Falters as AT&T, Verizon Balk
This week, the Obama-era experiment is likely to end before the licenses had even been auctioned. The Federal Communications Commission is expected to vote Tuesday to abandon its novel small-area plan and instead offer larger licenses covering a minimum of a county. The vote came after carriers such as AT&T Inc. and Verizon Communications Inc., who can afford to wire larger areas, persuaded the regulators to reconsider.
- Bloomberg•8 hours ago
Tiny Wireless-Network Experiment Falters as AT&T, Verizon Balk
This week, the Obama-era experiment is likely to end before the licenses had even been auctioned. The Federal Communications Commission is expected to vote Tuesday to abandon its novel small-area plan and instead offer larger licenses covering a minimum of a county. The vote came after carriers such as AT&T Inc. and Verizon Communications Inc., who can afford to wire larger areas, persuaded the regulators to reconsider.
- Market Realist•8 hours ago
What’s Verizon’s Outlook after the Major Sell-Off?
According to data compiled by Reuters, as of October 16, 50% of the 30 analysts covering Verizon (VZ) stock have given it “buy” recommendations. According to Wall Street analysts’ consensus, Verizon stock has a median target price of $57.50. Verizon has generated returns of 11.7% in the trailing-12-month period and -1.6% in the trailing-one-month period.
Market Realist•8 hours agoEquinix’s Latest Performance and Future Projections
Equinix’s (EQIX) revenue rose at a four-year CAGR (compound annual growth rate) of 19% to $4.4 billion in 2017. Its net income rose at a four-year CAGR of 25% to $233 million. Its revenue rose 23% to $2.5 billion in the first half of 2018.
- Bloomberg•8 hours ago
AT&T, Comcast Investors Seek Clues That Deals Will Pay Off
AT&T finally completed its $85 billion takeover of Time Warner in June, transforming itself into a media conglomerate. Both deals were meant in part to help defend against Netflix Inc., which just reported a huge surge in subscribers last quarter. AT&T and Comcast are the two biggest pay-TV providers in the U.S., so they’re the most vulnerable to consumers ditching cable bundles and embracing streaming services.
- Zacks•9 hours ago
Telecom Stocks' Q3 Earnings Roster for Oct 23: VZ, GLW, JNPR
Let's take a sneak peek at three major Telecom stocks scheduled to report third-quarter earnings on Oct 23 to see how things are shaping up for the upcoming results.
Market Realist•9 hours agoA Look at Verizon’s Dividends
Increasing capital returns to shareholders is one of Verizon’s (VZ) management’s main priorities. In the second quarter, the telecommunications company returned $2.4 billion to its shareholders in the form of dividends, a rise of ~3.5% YoY (year-over-year).
- Zacks•10 hours ago
Why Earnings Season Could Be Great for Verizon Communications (VZ)
Verizon Communications (VZ) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
- Zacks•10 hours ago
Will High Wireless Revenues Buoy Verizon's (VZ) Q3 Earnings?
Verizon Communications (VZ) is likely to record solid revenue growth in third-quarter 2018 with healthy traction in the Wireless segment.
Market Realist•11 hours agoVerizon’s Valuation amid the October Market Sell-Off
In this article, we’ll look at Verizon’s (VZ) valuation after the recent sell-off. As of October 16, Verizon’s market cap was $221.9 billion, making it the second-largest US mobile operator in terms of market cap.
- GlobeNewswire•11 hours ago
Verizon Communications to report earnings October 23
NEW YORK, Oct. 22, 2018 -- Verizon Communications Inc. (NYSE, Nasdaq: VZ) will report third-quarter 2018 earnings on Tuesday, Oct. 23. Verizon will present results on a.
- Barrons.com•13 hours ago
Verizon Has a Simple Story to Tell About Its Earnings
Investors will be looking for continued growth in the telecom company’s wireless business plus updates on its cost-cutting and the rollout of 5G broadband service.
- Investor's Business Daily•3 days ago
Are Dividend Stocks Helping In Stock Market Correction?
High-quality dividend stocks, those with strong earnings and solid balance sheets, often fall less than highflying growth stocks in stock market corrections.
- Barrons.com•yesterday
Caterpillar, Microsoft, Verizon, 3Q GDP: The Week Ahead
It’ll be a heavy week for earnings reports, and the Bureau of Economic Analysis will release its preliminary estimate of third-quarter GDP.
- Motley Fool•yesterday
3 Top High-Yield Tech Stocks
The tech sector boasts a few high-yielding gems, if you know where to look.
- Barrons.com•3 days ago
Berkshire Hathaway Stock Looks Cheap by Warren Buffett’s Measure
Buffett often uses a measure called look-through earnings to value the company. The trick: include the earnings of companies in its $200 billion equity holdings.
Market Realist•3 days agoVerizon Intends to Participate in the Upcoming Spectrum Auctions
The FCC (Federal Communications Commission) is planning to run its first-ever 28 GHz (gigahertz) and 24 GHz millimeter wave (or mmWave) spectrum auctions in November. Wireless carriers such as Verizon (VZ), T-Mobile (TMUS), and AT&T (T), which expect to start offering 5G services nationally over the next few years, have expressed interest in the upcoming FCC spectrum auctions. Verizon’s total revenue is expected to have risen ~2.5% YoY (year-over-year) to $32.5 billion in the quarter that ended on September 30.
Market Realist•3 days agoWhy North America Remains Important for Ericsson in Near Term
Ericsson (ERIC) is optimistic about 5G demand, which will likely be a key revenue driver going forward. AT&T (T), Verizon (VZ), T-Mobile (TMUS), and Sprint (S), the four telecom carriers in the United States, are trying to beat each other in the 5G race. CEO Borje Ekholm stated, “We see very good momentum on 5G in North East Asia but also in North America as those two areas leading the way.
Market Realist•3 days agoAre Verizon’s Cost-Cutting Initiatives Reaping Rewards?
Verizon (VZ), the largest wireless service provider in the United States, is undertaking various cost-cutting efforts. Recently, the telecommunications company rolled out an initiative that seeks to encourage thousands of its employees to take early retirement. Verizon reported that its zero-based budgeting had realized $0.5 billion in cumulative cash savings in the first half of 2018.
Market Realist•3 days agoWhat Is Verizon’s Capex Estimate for Q3 2018?
Now let’s take a look at Verizon’s (VZ) spending on capex. Verizon has been investing heavily in capex to improve its network. Wall Street analysts expect Verizon’s capex spending to reach $4.4 billion in the third quarter.
Market Realist•3 days agoHow the Recent Sell-Off Impacted Sprint’s Technical Indicators
In the previous part of this series, we looked at the latest analyst recommendations for Sprint (S) stock. The majority of analysts are suggesting a “hold.” Now let’s take a look at Sprint’s technical indicators and compare them to its peers in the telecommunications space. We’ll use the company’s RSI (relative strength index) score and moving averages, which are some of the most frequently used technical indicators.
- GlobeNewswire•4 days ago
Verizon and Urbanova work with the City of Spokane to create a smarter, more sustainable and more connected place to live
Verizon and Urbanova, in collaboration with the City of Spokane, Washington have formed an agreement to partner on developing scalable technology solutions aimed at creating a smarter, safer, more connected place to live. Verizon, Urbanova, the organization dedicated to finding new ways to enhance communities, and the city will partner initially on smart community solutions that directly impact public safety, traffic congestion and parking within Spokane’s University District.
- GlobeNewswire•4 days ago
Verizon Provides $1 Million to Red Cross and Florida Relief Fund for Hurricane Michael Relief; Three Months of Free Monthly Access Service Expanded to Nine Counties in Florida
Verizon's wireless operations leader Tami Erwin, visiting the Bay County, Florida, Emergency Operations Center, today announced contributions totaling $1 million to organizations assisting in the wake of Hurricane Michael. Meeting with state and local emergency management officials to discuss the company’s round-the-clock efforts to restore its service, Erwin said Verizon will donate a total of $500,000 to the American Red Cross to support recovery efforts, adding $250,000 to its original pledge to support areas hardest hit by the hurricane. In addition, Erwin said Verizon is contributing $500,000 to the Florida Disaster Relief Fund, which is the State of Florida’s official private fund established to assist Florida’s communities as they respond to and recover during times of emergency or disaster.
Market Realist•4 days agoExpectations for Verizon’s Q3 Fios Internet Customer Acquisitions
In the previous article, we discussed a few of the pay-TV market trends affecting Verizon (VZ). The telecommunications company is managing the secular challenges of the pay-TV market by concentrating on its Fios Internet offering. It will be interesting to see Verizon’s Fios Internet net subscriber additions in the third quarter, as the company has continued to face stiff competition from leading cable companies.
