It also offers wireline services in the Mid-Atlantic and Northeastern United States, as well as Washington D. C. Verizon Communications Inc is a provider of communications, information and entertainment products and services to consumers, businesses, and governmental agencies. It offers voice, data and video services and solutions to wireless and wireline networks. The company was founded on June 30th, 2000 and is currently headquartered in New York City.
- High-growth stocks tend to represent the technology, healthcare, and communications sectors.
- Its wireless services are provided across wireless networks in the United States (U.S.) under the Verizon…
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As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style. The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.
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The Zacks Industry Rank assigns a rating to each of the 265 X Industries based on their average Zacks Rank. We have 9 different ratings for every stock to help you appreciate its future potential. Sign-up to receive the latest enroll an ios device in mobile device management news and ratings for Verizon Communications and its competitors with MarketBeat’s FREE daily newsletter. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.
Because our content is not financial advice, we suggest talking with a professional before you make any decision. Verizon Communications’s payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth. Finder is not an advisor or brokerage service, and we don’t recommend investors to trade specific stocks or other investments.
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How big is Verizon Communications Inc?
Weekly expiration dates are labeled with a in the expiration date list. Verizon reported an EPS of $1.19 in its last earnings report, beating expectations of $1.187. These dividend stocks have attractive yields and are cheap, to boot. That’s relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29).
Exchanges report short interest twice a month.Percent of FloatTotal short positions relative to the number of shares available to trade. The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Verizon Communications’s future profitability. By accounting for growth, it could also help you if you’re comparing the share prices of multiple high-growth companies. Market cap is the total market value of a publicly traded company’s outstanding shares. Verizon is primarily a wireless business (nearly 80% of revenue and nearly all operating income).
The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating indiv idual securities. The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.VZ has a Quality Grade of C, ranking ahead of 64.13% of graded US stocks.
The monthly returns are then compounded to arrive at the annual return. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. Zacks Ranks stocks can, and often do, change throughout the month. Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations.
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A hold rating indicates that analysts believe investors should maintain any existing positions they have in VZ, but not buy additional shares or sell existing shares. We sell different types of products and services to both investment professionals and individual investors. These products and services are usually sold through license agreements or subscriptions.
Verizon’s recent acquisition of Yahoo! Inc. gave way to the creation of the company’s new subsidiary Oath. This opens up new possibilities for organic growth in Verizon’s media and contributes to a diversification of the company’s portfolio. And the law of net neutrality could also feature large in future revenue growth for Verizon.
In the past three months, Verizon Communications insiders have sold more of their company’s stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $491,195.00 in company stock. MarketBeat has tracked 21 news articles for Verizon Communications this week, compared to 18 articles on an average week. This payout ratio is at a healthy, sustainable level, below 75%. Verizon’s headquarters and Board of Directors are located in New York City, with Executive leadership and Corporate Functions based in Basking Ridge, New Jersey.
More value-oriented stocks tend to represent financial services, utilities, and energy stocks. The Consumer segment provides consumer-focused wireless and wire line communications services and produc… Recently Verizon Communications has paid out, on average, around 50.24% of net profits as dividends. That has enabled analysts to estimate a „forward annual dividend yield” of 7.14% of the current stock value. This means that over a year, based on recent payouts , Verizon Communications shareholders could enjoy a 7.14% return on their shares, in the form of dividend payments.
Restricted stock typically is that issued to company insiders with limits on when it may be traded.Dividend YieldA company’s dividend expressed as a percentage of its current stock price. The Company, through its subsidiaries, provides communications, information and entertainment products and services to consumers, businesses and governmental agencies. The Wireless segment offers communications products and services, including wireless voice and data services and equipment sales, to consumer, business and government customers across the United States. The Company has combined Yahoo! Inc.’s operating assets with its existing AOL Inc. business to create a new subsidiary, Oath Inc., owns a diverse house of more than 50 media and technology brands.
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 and Verizon Business Group . It 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 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.
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Q1 2023 Verizon Communications Inc Earnings Call
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The Consumer segment provides consumer-focused wireless and wire line communications services and products. The company was founded in 1983 and is headquartered in New York, NY. Its wireless services are provided across wireless networks in the United States (U.S.) under the Verizon… Verizon Communications Inc. , through its subsidiaries, provides communications, technology, information, and entertainment products and services to consumers, businesses, and governmental entities worldwide.
The Company, through its subsidiaries, provides communications, information and entertainment products and services to consumers, businesses, and governmental agencies. Its reportable segments are Verizon Consumer Group and Verizon Business Group. Its Consumer segment provides wireless and wireline communications https://day-trading.info/ services. Its wireless services are provided across wireless networks in the United States (U.S.) under the Verizon brand. Market Cap is calculated by multiplying the number of shares outstanding by the stock’s price. To calculate, start with total shares outstanding and subtract the number of restricted shares.
In 2015, Verizon partnered with Ericsson, Qualcomm, Intel and Samsung to create the 5G Technology Forum . By 2019, the company utilized the 5GTF to launch 5G mobile service to limited areas in the U.S., including Los Angeles, Sacramento, Houston, Chicago, Minneapolis, and Indianapolis. Verizon’s current Chief Executive Officer is Hans Vestberg and the company has operations in over 150 countries, employing 130,000 employees worldwide. The initial euphoria, which drove Verizon stock price up to $48.39 by the end of the first day, subsided after a few weeks. Verizon and Wall Street was not satisfied with the development of the stock during the first year. This was in line with other telecom companies which were not considered stocks to buy at the time.