|Bid||4,356.50 x N/A|
|Ask||4,370.00 x N/A|
|Day's Range||4,316.50 - 4,418.00|
|52 Week Range||2,570.00 - 5,450.00|
|Beta (5Y Monthly)||0.46|
|PE Ratio (TTM)||10.91|
|Forward Dividend & Yield||98.37 (2.20%)|
|Ex-Dividend Date||Oct 08, 2020|
|1y Target Est||N/A|
This presents a problem for value investors looking to buy good businesses at a discounted valuation. Verizon Communications (NYSE: VZ), Nintendo (OTC: NTDOY), and Altria Group (NYSE: MO) are three value stocks that look absurdly cheap. Verizon, along with AT&T (NYSE: T) and T-Mobile (NASDAQ: TMUS), is one of the three large telecommunications companies in the United States.
While Verizon (VZ) reports strong first-quarter 2021 results with a healthy demand curve across core businesses, AT&T (T) benefits from a healthy traction from HBO Max, wireless subscriber growth and fiber broadband businesses for a solid quarterly performance.
VZ stock provides a dividend but a buyback has been shelved amid 5G wireless investments. Will investors place a higher multiple on Verizon stock on expectations of revenue growth reaccelerating?