- Previous Close
40.04 - Open
40.03 - Bid --
- Ask --
- Day's Range
39.98 - 40.79 - 52 Week Range
30.14 - 43.42 - Volume
17,159,096 - Avg. Volume
17,164,616 - Market Cap (intraday)
170.57B - Beta (5Y Monthly) 0.39
- PE Ratio (TTM)
15.23 - EPS (TTM)
2.66 - Earnings Date Oct 22, 2024
- Forward Dividend & Yield 2.66 (6.64%)
- Ex-Dividend Date Jul 10, 2024
- 1y Target Est
45.60
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) broadband through its wireless networks, as well as related equipment and devices, such as smartphones, tablets, smart watches, and other wireless-enabled connected devices. The segment also offers wireline services in the Mid-Atlantic and Northeastern United States, as well as Washington D.C. through its fiber-optic network, Verizon Fios product portfolio, and a copper-based network. The Business segment provides wireless and wireline communications services and products, including FWA broadband, data, video and conferencing, corporate networking, security and managed network, local and long-distance voice, and network access services to deliver various IoT services and products to businesses, government customers, and wireless and wireline carriers in the United States and internationally. The company was formerly known as Bell Atlantic Corporation and changed its name to Verizon Communications Inc. in June 2000. Verizon Communications Inc. was incorporated in 1983 and is headquartered in New York, New York.
www.verizon.com103,900
Full Time Employees
December 31
Fiscal Year Ends
Sector
Industry
Recent News: VZ
View MorePerformance Overview: VZ
Trailing total returns as of 7/31/2024, which may include dividends or other distributions. Benchmark is
.YTD Return
1-Year Return
3-Year Return
5-Year Return
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Statistics: VZ
View MoreValuation Measures
Market Cap
168.55B
Enterprise Value
339.10B
Trailing P/E
15.05
Forward P/E
8.76
PEG Ratio (5yr expected)
1.14
Price/Sales (ttm)
1.26
Price/Book (mrq)
1.75
Enterprise Value/Revenue
2.53
Enterprise Value/EBITDA
8.33
Financial Highlights
Profitability and Income Statement
Profit Margin
8.38%
Return on Assets (ttm)
4.98%
Return on Equity (ttm)
12.10%
Revenue (ttm)
134.24B
Net Income Avi to Common (ttm)
11.25B
Diluted EPS (ttm)
2.66
Balance Sheet and Cash Flow
Total Cash (mrq)
2.49B
Total Debt/Equity (mrq)
182.83%
Levered Free Cash Flow (ttm)
8.38B
Research Analysis: VZ
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Research Reports: VZ
View MorePhone Upgrades Could Hurt, but Verizon Should Generate Solid Cash Flow in 2024
Wireless services account for about 70% of Verizon Communications' total service revenue and nearly all of its operating income. The firm serves about 93 million postpaid and 21 million prepaid phone customers (following the acquisition of Tracfone) via its nationwide network, making it the largest US wireless carrier. Fixed-line telecom operations include local networks in the Northeast, which reach about 29 million homes and businesses and serve about 8 million broadband customers. Verizon also provides telecom services nationwide to enterprise customers, often using a mixture of its own and other carriers' networks.
RatingPrice TargetPrice increases deliver EBITDA and cash flow growth in 2Q
Verizon is a leader in the U.S. telecommunications industry. The company was created in July 2000 when Bell Atlantic and GTE merged.
RatingPrice TargetWe've highlighted cautious insider-sentiment for several months now, but also
We've highlighted cautious insider-sentiment for several months now, but also noted that selling by insiders into a consistently rising market is not unusual. So while 'caution' has been our word of choice, we haven't called for a major equity correction. More recently, volatility has spiked in the form of rotation from semiconductors to almost anything else, a belief that the Fed will indeed cut rates in September, the attempted assassination of Donald Trump, a massive IT breakdown that crippled many global entities, and the suspension of Joe Biden's presidential campaign. There are indeed many reasons to feel some uncertainty -- and in keeping with that, the weekly insider-sentiment data from Vickers Stock Research has pushed deeply into bearish territory. But one week is not a trend, and the current data is built on low transaction volume because of trading restrictions during earnings season. So while we're still not ready to ring any alarms -- and might even call any reset in stocks prices healthy for the long term -- we'll continue to monitor the trading activity of corporate insiders to see if this one-week spike shows signs of growing. On a sector basis, selling by insiders last week was greatest in Information Technology, with shares valued at $335 million sold versus less than $9 million bought, followed by Financials ($73 million sold). Meanwhile, buying outpaced selling in Energy and Real Estate. This week, analysts at Vickers highlighted insider transactions of interest at Morgan Stanley (NYSE: MS) and AutoNation Inc. (NYSE: AN
Verizon Earnings: Cash Flow Looks a Touch Weak Despite Solid Wireless Growth
Wireless services account for about 70% of Verizon Communications' total service revenue and nearly all of its operating income. The firm serves about 93 million postpaid and 21 million prepaid phone customers (following the acquisition of Tracfone) via its nationwide network, making it the largest US wireless carrier. Fixed-line telecom operations include local networks in the Northeast, which reach about 29 million homes and businesses and serve about 8 million broadband customers. Verizon also provides telecom services nationwide to enterprise customers, often using a mixture of its own and other carriers' networks.
RatingPrice Target