VZ - Verizon Communications Inc.

NYSE - NYSE Delayed Price. Currency in USD
+0.71 (+1.24%)
At close: 4:02PM EDT
Stock chart is not supported by your current browser
Previous Close57.38
Bid0.00 x 800
Ask0.00 x 3200
Day's Range57.01 - 58.48
52 Week Range47.13 - 61.58
Avg. Volume13,352,055
Market Cap240.243B
Beta (3Y Monthly)0.42
PE Ratio (TTM)15.01
EPS (TTM)3.87
Earnings DateAug 1, 2019
Forward Dividend & Yield2.41 (4.21%)
Ex-Dividend Date2019-04-09
1y Target Est59.64
Trade prices are not sourced from all markets
  • GuruFocus.com2 hours ago

    Warren Buffett's Berkshire Hathaway Buys JPMorgan Chase & Co, Amazon. ...

    This is the Q1 portfolio update of Berkshire Hathaway

  • Analyzing Porter's Five Forces on Verizon (VZ)
    Investopedia8 hours ago

    Analyzing Porter's Five Forces on Verizon (VZ)

    Examine Verizon's position in the wireless service industry by considering Porter's Five Forces and determining the company's biggest potential threats.

  • Game of Thrones: The staggering numbers behind HBO’s biggest show
    Yahoo Finance2 days ago

    Game of Thrones: The staggering numbers behind HBO’s biggest show

    As diehard fans around the world get ready to indulge in the final episode of Game of Thrones, here are some of the crucial numbers that brought together the award-winning series.

  • US carriers say they've stopped selling location data
    Engadget2 days ago

    US carriers say they've stopped selling location data

    You might not have to worry quite so much about carriers selling your phonelocation data to less-than-diligent third parties

  • 5G Stocks: The Big Story Everyone’s Missing
    InvestorPlace3 days ago

    5G Stocks: The Big Story Everyone’s Missing

    I can't believe how badly the media is downplaying the 5G revolution. They're so focused on the U.S.-China trade war that they're completely missing the epic battle over 5G.You may have heard that the big wireless carriers -- Verizon (NYSE:VZ), AT&T (NYSE:T),T-Mobile (NASDAQ:TMUS) and Sprint (NYSE:S) -- are racing to roll out 5G networks.But this story is MUCH bigger than that. 5G will literally change the world forever (as we'll see).InvestorPlace - Stock Market News, Stock Advice & Trading TipsAnd you better believe Wall Street is all over this. While the mainstream media may be mostly ignoring 5G, the "smart money" sure isn't. * 6 Chinese Stocks That Could Pop On a Trade Deal So…why are investors so fired up about 5G stocks? And why should you be, too? Let me explain why. 5G: What You Need to KnowI remember very well, back in the early days of the internet, when folks often referred to it as the "information superhighway."So let's picture it that way. You're heading home after a long day of work. Your commute shouldn't take very long, but there is only a one-lane highway, and it's the only way home. The traffic is bumper-to-bumper, and what should be a quick 20-minute drive takes hours instead.Over time, a second lane is built. There's still plenty of traffic, but the congestion is less.Eventually, a third lane is built, and then a fourth. Those of you who commute this way find that your ride home is getting shorter and shorter.Then, one day, 10 more lanes suddenly open up. Not only is that awful congestion gone, but cars are zipping along. Now you're home almost instantly! With the commute done, you've got the rest of the day to yourself.That's the kind of difference we'll see with 5G.5G -- the fifth generation of wireless technology -- will introduce blazing speeds…and be more readily available. I'm expecting a massive upgrade to smartphones and other mobile devices.What's so exciting is that it has low latency: Instead of two minutes or more to load a webpage, like we dealt with in the 1990s, now it'll take you six seconds to download a whole movie with 5G!With so many web services going to the cloud, that's key. You'll now be able to interact with them in real-time. Phones Getting Smarter By the DaySince 5G tends to be associated with the big wireless carriers, like Verizon's "5G Revolution" and AT&T's "5G Evolution," let's start there.1G wireless devices were those big, clunky phones from the 1980s. Since they used analog technology, they only supported voice calls. They also had poor battery life and security and were prone to dropped calls. And most people could barely fit them in their car's glove compartment, let alone their pants pocket.Wireless technology certainly has come a long way since then, as the graphic below illustrates. 2G brought us SMS text messaging. With 3G we had texting and internet access, while 4G tacked on video -- and 5G opens the door to Ultra HD, 3D video and smart home apps. The hardware is also much, much sleeker.The first five phones are in the works, starting with the Samsung Galaxy S10 5G (released Thursday), and with the LG V50 ThinQ, the Huawei Mate X, the Xiaomi Mi Mix3 5G and the ZTE Axon 10Pro soon to come.These will offer buffer-free video, faster downloads, and greater bandwidth to handle more data. So much so that they'll be able to capture an entire 3D space!According to CCS Insight, sales of 5G smartphones should hit 100 million units in 2021. Grab Your Slice of the PieYou can see why Verizon, AT&T, T-Mobile and Sprint are all vying to place first in the race to 5G. In fact, all of them are expected to release some form of 5G this year. Verizon is in the lead: It's already rolled out mobile 5G in Chicago and Minneapolis in April, with 20 other metro areas to come later in 2019.So, you might be expecting me to recommend VZ, or one of its peers, as my 5G play. Not so.5G has many more applications than smartphones -- we'll look at some more tomorrow -- and one of them is "the mother of all technologies," a breakthrough that will change our world…once we've got those "extra lanes" for it to run on.The 5G global infrastructure market is expected to grow from $2.55 billion in 2020 to over $42 billion by 2025. That's a 75% increase -- far larger than many other industries could ever imagine in just five years.The bottom line: 5G is a very, very big deal. Essentially, whoever controls 5G is anticipated to control the internet several years from now. So, the long-term investment potential is huge.However, instead of one company that needs 5G technology, I think more money can be made in the one that's involved in the creation of 5G. That will be the stock that lets us cash in on that whole meteoric rise of the 5G market.In Growth Investor, we own a little-known electronics company -- that is helping some high-profile clients move to 5G. Its customers include the top 25 telecoms…the top 25 tech companies…and 78 of the Fortune 100 companies.Go here to watch my presentation on the huge technological shift going on now. At the end, you'll get the chance to hear my 1 Investment for the Coming 5G Revolution -- for free.Louis Navellier is a renowned growth investor. He is the editor of four investing newsletters: Growth Investor, Breakthrough Stocks, Accelerated Profits and Platinum Growth. His most popular service, Growth Investor, has a track record of beating the market 3:1 over the last 14 years. He uses a combination of quantitative and fundamental analysis to identify market-beating stocks. Mr. Navellier has made his proven formula accessible to investors via his free, online stock rating tool, PortfolioGrader.com. Louis Navellier may hold some of the aforementioned securities in one or more of his newsletters. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 Stocks to Buy that Lost 10% Last Week * Top 7 Dow Jones Stocks of 2019 -- So Far * 5 Service Stocks That Can Win the Trade War -- According to Goldman Sachs Compare Brokers The post 5G Stocks: The Big Story Everyone's Missing appeared first on InvestorPlace.

  • AT&T Stock Has Critical Value Beyond the Print
    InvestorPlace3 days ago

    AT&T Stock Has Critical Value Beyond the Print

    Based on the technical discount in telecommunications behemoth AT&T (NYSE:T), I pounced on the opportunity. In 2018, T stock shed nearly 23% of market value. On the other hand, rival Verizon Communications (NYSE:VZ) gained almost 11%. Just from that comparison, AT&T is the better deal.Source: Shutterstock But some of my InvestorPlace colleagues whom I've followed for years disagreed. Earlier this year, Will Ashworth warned readers not to chase the telecom's high dividends. Admittedly, I did exactly that. Also, Vince Martin conducted a detailed analysis suggesting that the AT&T stock price is worth no more than $30.Did I just miss the memo that everybody else received? I bought T stock for a number of reasons, including its leverage toward the 5G network, its massive resources, and yes, those dividends. At nearly 7%, it rivaled many other high-yielding stocks. The difference, of course, is that AT&T is no fly-by-night operation.InvestorPlace - Stock Market News, Stock Advice & Trading TipsStill, I go back to the same question: am I missing something when analyzing the bear case for the AT&T stock price? When reading Ashworth's, Martin's, or most other critics' work, I come across two overriding themes: sustainability and viability. * 6 Trade War Stocks With a Lot of Risk Ashworth largely focuses on the former. I've read enough of his work to realize that he prefers companies with clean balance sheets. But the debt load for T stock is anything but. Understandably, it worries him. And on a more practical note, huge debt typically impedes dividend payouts.Martin also hates that liability figure. At the same time, he doesn't see much of a growth engine. Therefore, buying AT&T stock seems risky, especially since management has made some costly acquisitions.Nevertheless, T stock deserves another characterization: inevitability. T Stock Is More Than an InvestmentWhether you want to acknowledge it or not, we're in a war. It's unlike a traditional war with bullets and body counts. As a result, most folks don't pay it much attention.Broadly speaking, that's a big mistake, although this miscue underlines my contrarian view on T stock. As we speak, our economic adversaries -- namely China and Russia -- are desperately seeking an edge in next-generation technologies. If we want free commerce to survive, the U.S. must do everything it can to get there first.Worryingly, though, the international community is progressing while the Trump administration invests in yesteryear infrastructures like coal and aircraft carriers. For instance, China has an ambitious goal entitled "Made in China 2025." The world's second-largest economy seeks self-sufficiency in 10 technology sectors.Russian President Vladimir Putin made waves almost two years ago when he stated that dominating artificial intelligence translates to dominating the world. Even our military acknowledges that tomorrow's wars will not be kinetic, but digital.In that context, AT&T stock absolutely cannot fail. As I argued last month, AT&T is a branch of the federal government. I'm not just referring to its gargantuan reach via its telecom networks. Rather, it obviously plays a critical role in the 5G rollout.And 5G is really the backbone of all future technologies. Actualizing deep-learning protocols will require 5G's unprecedented speeds. So too will AI platforms, particularly with automated-transportation networks.Therefore, I respect but disagree with the sustainability or viability criticisms. Inevitably, our adversaries will throw everything they have to dominate tech. T stock cannot fail, which addresses the sustainability concerns. As far as viability, our tech firms are this century's defense stocks.And all our future innovations will eventually flow through and buoy the AT&T stock price. AT&T Stock May Be Permanently RelevantNow I'll concede that my above argument appears melodramatic. However, I think that's because we have a 20th-century mindset that believes warfare necessarily involves bloodshed. But a more devastating war is one that enslaves us economically. * Top 7 Dow Jones Stocks of 2019 -- So Far In this respect, I think it's helpful to consider T stock not as a telecom firm, but as what I said earlier -- a government branch. All this talk about wireless subscribers and media content pales in comparison to AT&T's core purpose: provide the platform for all future technologies at the consumer, commercial and governmental level.Not only that, 5G may represent the ultimate rarity among technological concepts: peak capacity. Experts believe that if the rollout is properly implemented, 6G technology is unnecessary. There's evidence for that bold claim, considering that 5G can serve seven billion people, or roughly 2,000% more than our current population.In other words, AT&T stock may become permanently relevant. Honestly, if that doesn't interest you in the telecom giant, nothing will.As of this writing, Josh Enomoto is long T stock. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 6 Trade War Stocks With a Lot of Risk * 7 Bond ETFs to Buy * 10 Stocks That Could Squeeze Short Sellers, Including CGC Compare Brokers The post AT&T Stock Has Critical Value Beyond the Print appeared first on InvestorPlace.

  • Dow 30 Stock Roundup: Walmart, Cisco Earnings Impress
    Zacks3 days ago

    Dow 30 Stock Roundup: Walmart, Cisco Earnings Impress

    The index enjoyed a strong week of gains after the after U.S.-China trade rhetoric cooled off to an extent.

  • Better Buy: Verizon vs. AT&T
    Motley Fool3 days ago

    Better Buy: Verizon vs. AT&T

    The two telecom giants may have more differences than you think.

  • Verizon CEO: 'Tens of thousands' of customers buying new 5G phones
    CNBC3 days ago

    Verizon CEO: 'Tens of thousands' of customers buying new 5G phones

    Verizon is betting that customers will pay up for Samsung's new 5G smartphone.

  • Samsung’s 5G phone hits Verizon, Sprint getting two 5G devices this month
    TechCrunch3 days ago

    Samsung’s 5G phone hits Verizon, Sprint getting two 5G devices this month

    A few hours after Verizon officially started selling the Samsung Galaxy S10 5G, Sprint announced that it will be offering two 5G devices for its network by the end of the month. Among U.S. carriers, Verizon (or parent company’s parent company) has been the most aggressive. Of course all of these devices while default to 4G when there’s no 5G to be found, which is going to be the case more often than not for a while.

  • Stock Market News For May 16, 2019
    Zacks4 days ago

    Stock Market News For May 16, 2019

    Markets closed in the green on Wednesday after the Trump administration was said to be considering delaying the imposition of auto tariffs for the next six months.

  • The first 5G phone launches today for $1,300
    CNBC4 days ago

    The first 5G phone launches today for $1,300

    Verizon began selling the Samsung Galaxy S10 5G on Thursday, the first phone that supports its 5G network without an accessory.

  • Why Verizon Stock Should Work for Investors over the Next Few Years
    InvestorPlace4 days ago

    Why Verizon Stock Should Work for Investors over the Next Few Years

    Shares of telecommunications giant Verizon (NYSE:VZ) are known more for their stability than their ability to produce out-sized returns for investors. Indeed, over the past decade, you'd be hard-pressed to find any time frame in which Verizon stock out-performed the market.Source: Via FlickrOver the past 10 years, Verizon is up just 100%, while the S&P 500 is up 215%. Over the past five years, Verizon stock is up 17% to the market's 50% gain. And, in 2019, it is essentially flat, while the market is up 12%.If Verizon stock consistently under-performs the market, then why would investors ever own the stock? One word: stability.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 4 Dividend-Focused Utilities Pushing Higher A Closer Look at Verizon StockWhen it comes to stability, Verizon stock is second to none. The stock's beta over the past decade has consistently hovered between 0 and 0.8, with the average beta coming out around 0.4. Broadly, that means that Verizon is significantly less sensitive to market volatility than your average stock.Further, Verizon stock's dividend yield over the past decade has consistently hovered north of 4%, while the S&P 500 yield has averaged around 2%.In other words, at any point in time, you own Verizon stock because it's a low-risk asset with a sustainable, high yield. This will remain true for the foreseeable future. But, over the next few years, the stock will get an additional lift from a highly underrated catalyst: commercial 5G roll-out.This catalyst on top of the stock's inherent stability will enable shares of Verizon to work over the next few years. As such, if you're looking for a low risk, high yield play into 2020/21, VZ could be a solid choice. Verizon Is A Symbol of StabilityIn the big picture, Verizon's business lends itself to an enormous amount of operational and financial stability, which is reflected in the stock's low volatility and big yield. Verizon is the leader in U.S. wireless coverage. For all intents and purpose, wireless coverage is a utility that most Americans cannot go without, and dependence on wireless coverage is only growing.Consumers are increasingly addicted to their smartphones, with the average U.S. adult spending more than three and a half hours on their smartphone everyday. Back in 2013, that figure stood at barely over two hours. Thus, mobile phone engagement is rising, as is wireless coverage dependency.Verizon is the leader in the U.S. wireless coverage market, thereby implying that millions and millions of Americans have a huge dependency on what Verizon sells. This dependency lends itself to stable demand, which leads to stable revenues. Competitive factors can weigh on margins. But, overall, the competitive environment is rather static, so margins are largely stable, too.In other words, from head to toe, Verizon's business is stable. This stability is reflected in the stock.Verizon stock is very low volatility. Over the past decade, the stock has dropped into bear market territory (20% or more off recent highs) only once, while market darlings like Amazon (NASDAQ:AMZN) and Netflix (NASDAQ:NFLX) have each done it more than five times.The stock's beta is consistently very low, averaging around 0.4 over the past ten years. And, during major sell-offs, Verizon tends to hold up better than the market. Example: during the late 2018 market sell-off which dragged the S&P 500 narrowly into bear market territory, VZ stock fell just 12% off its recent highs.Further, Verizon stock compensates investors for the lack of capital gains with a consistently big yield. Over the past decade, Verizon's yield has consistently been north of 4%. Over the past five years, the yield has averaged around 4.5%. Thus, while investors aren't seeing huge returns in the stock, they are seeing a big yield come in every year. 5G Is A Big CatalystOwing to its operational and financial stability, Verizon should work over the next few years. But, the stock should work especially well because of the 5G catalyst.Long story short, 5G is the next big thing in the wireless coverage market. It's more than just a step up from current coverage standards. It's a huge leap up; 5G wireless speeds are roughly 1,000-times faster than current wireless speeds. Delays are significantly shorter, too.This huge leap up is happening at a time when internet coverage is becoming more pervasive across a great number of devices and industries. Think smartwatches. Smart cars. Data centers. Cloud services. AI.In other words, 5G coverage is a huge leap up in internet connectivity at a time when the world really needs that huge leap up. The implication for Verizon? Demand should be robust. That should lead to healthy revenue growth. Further, if Verizon can differentiate itself in the 5G market, that will lessen competitive pricing pressures.With those pressures eased, margins could move higher. Thus, profit growth could actually benefit from a double tailwind over the next few years. If so, VZ stock should head materially higher. The forward earnings multiple on the stock is below the five-year standard. As such, both profit growth and multiple expansion could provide a nice lift to Verizon into 2020/21. Meanwhile, the yield remains around 4%, so investors are getting paid to be patient.Overall, Verizon stock looks good here. The valuation is reasonable. The growth trajectory is positioned to improve. And, importantly, the stock's historical stability will persist. Bottom Line on VZ StockIn a market where hyper-growth tech stocks are doubling in a matter of months, it is sometimes easy to forget the slow-and-steady stable utility stocks like Verizon. But, investors should start remembering VZ stock right about now.This stock is heading into its biggest catalyst in recent memory, against the backdrop of a below-average valuation and a 4%-plus yield. That combination should make VZ stock work over the next few years.As of this writing, Luke Lango was long AMZN and NFLX. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 10 Retirement Stocks That Won't Wilt in a Bear Market * 5 Consumer Stocks Ready to Push Higher * 3 of the Best ETFs to Buy for a Play on Gold Stocks Compare Brokers The post Why Verizon Stock Should Work for Investors over the Next Few Years appeared first on InvestorPlace.

  • Reuters4 days ago

    U.S. FCC set to let phone companies block more robocalls

    U.S. Federal Communications Commission (FCC) Chairman Ajit Pai on Wednesday proposed allowing phone companies to block unwanted "robocalls" by default in a bid to reduce the flood of nuisance calls from telemarketers and scammers. Pai said many service providers have held off developing and deploying default call-blocking tools because of uncertainty about whether the tools are legal under the FCC rules. Allowing the default call-blocking could significantly increase development and consumer adoption of the tools, Pai said, adding that providers should offer call blocking services for free.

  • Reuters4 days ago

    YOUR MONEY-Should you pay to stop phone spam?

    If your phone log is anything like mine, the list of incoming scam calls makes it look like you work for the State Department: Sri Lanka, Lithuania, Russia, Bosnia, Benin, Croatia and Sierra Leone. "Nothing is protecting voice and text, so all the criminals sneak in," said Aaron Foss, founder of Nomorobo, a scam-blocking service. Until a foolproof way is found to stop these nuisance calls, here is what you need to know.

  • Bloomberg4 days ago

    FCC’s New Moves Against Robocalls Useful But Incomplete, Consumer Groups Say

    “The American people are fed up with illegal robocalls,” FCC Chairman Ajit Pai said in a news conference. Under Pai’s proposal, the FCC would step away from decades of insisting that the phone network connect nearly all calls, and move into pressuring phone companies to shield consumers from unwanted interruptions including scams and sales pitches.

  • 5G Stocks To Invest In Span Chipmakers Qualcomm And Xilinx, Corning, Verizon
    Investor's Business Daily5 days ago

    5G Stocks To Invest In Span Chipmakers Qualcomm And Xilinx, Corning, Verizon

    It's early days in the 5G wireless networks build-out. What 5G stocks will get a boost? The top 5G stocks in which to invest include chipmakers, network gear and fiber-optics makers.

  • GlobeNewswire5 days ago

    Verizon CEO to speak at J.P. Morgan conference May 16

    NEW YORK, May 15, 2019 -- Hans Vestberg, chairman and chief executive officer of Verizon (NYSE, Nasdaq: VZ), is scheduled to speak at the J.P. Morgan Global Technology, Media.

  • If Sprint Stock Keeps Dropping, Consider It a Buy at $5.50
    InvestorPlace5 days ago

    If Sprint Stock Keeps Dropping, Consider It a Buy at $5.50

    Sprint (NYSE:S) fell to around $6 after Monday's general topple and continues to hover around there, flirting with a break below major moving average support. The decline in Sprint stock also comes amid the company's dual effort with T-Mobile (NASDAQ:TMUS) to salvage their planned merger attempts.Source: Shutterstock Can they pull it off? Perhaps, but the clock is ticking. Maybe that will get S stock down to the $5.50 level, which gives investors a more favorable risk/reward entry. Sprint and T-Mobile MergerWe've been hearing about a possible Sprint/T-Mobile tie-up for years. Once AT&T's (NYSE:T) acquisition of Time Warner was approved last June though, that got the ball rolling with Sprint and TMUS. On June 15, the two companies finally put through their merger application with the FCC.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 6 Trade War Stocks With a Lot of Risk What's followed has been a long list of rumors, reports and a lot of back-and-forth. First there were reports the FCC favored a merger and a telecom market dominated by three major carriers (the third being Verizon (NYSE:VZ)). More recently, it was suggested that the FCC is reportedly 50/50 on the merger. That was in April. On that same day, Citi analysts said there could be 50% downside in Sprint stock price if the deal doesn't go through. That was with the stock at ~$5.90.So where are we now?New reports show S and TMUS are making concessions to try and get the deal approved by the FCC and DoJ. The FCC has implemented an informal "180-day shot clock" for reviewing the merger. That "shot clock" has been paused several times now, with the government shutdown and new merger plans being a few of the reasons. That clock most recently began ticking again on April 10th and we're now on Day 162.I don't know if the deal will go through, but a decision either way could be coming down soon. That is, if they follow the shot clock and don't pause it in the next few weeks. Valuing Sprint StockSprint stock has been bumbling along in the single digits for years now. It hasn't been able to get the growth it needs while reducing its debt and generating the profits that are needed for more investor money. AT&T and Verizon are cash flow machines. Sprint? Let's just say it doesn't have a long history of great cash flow.Cash and short-term investments stand at about $7 billion, while total debt stands at $39.9 billion. Growth is anemic, too. Estimates call for earnings of 4 cents per share this year and 5 cents a share in 2020.While this year's forecast is up big from a penny per share in profit in 2018, 4 cents is still not all that impressive. Particularly as revenue estimates call for a 1.1% decline this year and a 90 basis point gain in 2020. If these estimates come to fruition, Sprint's revenue in 2020 will be below that of its 2018 total.In other words, Sprint needs a deal with T-Mobile , otherwise it will continue flailing about in the single digits. While that may mean a 40% or 50% gain under very rosy circumstances, it still lags what other telecom stocks bring to the table, at least from an investor's perspective. The Bottom Line on Sprint Stock Click to EnlargeSince October, the $5.50 area has buoyed Sprint stock price and did so again earlier this month. Buying Sprint near $5.50 gives us a clear risk/reward, because we know exactly what we're willing to lose. Should Sprint stock fall below $5.50, we can use the recent low of $5.44 as a point of reference. Our stop could be a dime below our entry, while allowing for a potential run back to $6 or even $6.50.There are other considerations, too. First, Sprint stock is currently holding over the 10-week, 50-week and 200-week moving averages. Those are between $5.96 and $6.01 and should act as support at the moment. If they do, a bounce back to $6.50 is on the table. If they don't, then $5.50 becomes possible.Second, I personally will not trade Sprint stock because it's entering a binary event. That is, shares could explode higher or crater lower depending on the merger ruling. I don't like binary situations and will pass on Sprint for that reason. For those that don't mind a risky, speculative setup though, $5.50 is a reasonable entry point.Bret Kenwell is the manager and author of Future Blue Chips and is on Twitter @BretKenwell. As of this writing, Bret Kenwell is long T. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 6 Trade War Stocks With a Lot of Risk * 7 Bond ETFs to Buy * 10 Stocks That Could Squeeze Short Sellers, Including CGC Compare Brokers The post If Sprint Stock Keeps Dropping, Consider It a Buy at $5.50 appeared first on InvestorPlace.

  • MoneyShow5 days ago

    7 Best Long-Term Dividend Stocks to Buy Now

    While investment strategies differ with specific portfolio targets, all investors should identify a few of the best long-term dividend stocks to build the core of their investment portfolio strategy, suggests Ned Piplovic, income expert and editor of DividendInvestor.

  • Analysts Agree That Sprint Stock Really, Really Needs the T-Mobile Deal
    InvestorPlace5 days ago

    Analysts Agree That Sprint Stock Really, Really Needs the T-Mobile Deal

    Investors already knew Sprint (NYSE:S) has been on the defensive, struggling to remain competitive in a market that powerhouses AT&T (NYSE:T) and Verizon Communications (NYSE:VZ) dominate. But, until Tuesday of last week, when Sprint reported its fiscal fourth-quarter results, the owners of Sprint stock may not have fully realized just how much trouble the company was in.Source: Shutterstock There was more than one red flag for Sprint stock, though the big one was the loss of 189,000 phone subscribers, topping the 117,000 voice customers analysts had modeled. * 6 Trade War Stocks With a Lot of Risk Sprint added 169,000 net new devices to its networks, but only thanks to the addition of 358,000 "data" devices, which are usually secondary (and lower revenue) devices used by existing phone-service customers. Without those, Sprint would have lost more than the 8000 net total subscribers it shed in Q4 versus Q3.InvestorPlace - Stock Market News, Stock Advice & Trading TipsSprint's average revenue per prepaid and postpaid users fell, although the ARPU of its postpaid phone-only subscribers rose slightly. Their average monthly bill edged up from the prior quarter's $50.01 to $50.18. But that figure was still down from the year-ago figure of $50.44.Sprint's EBITDA improved from $2.77 billion to $3.13 billion, and its operating cash flow increased from $2.65 billion to $2.85 billion. However, its free cash flow fell from -$240 million in Q4 of 2017 to -$539 million in Q4 of 2018.The worsening cash flow is largely the result of a lease-turn-in program the company put in place back in 2015. As it turns out, Sprint can't afford the promotion.Sprint stock price stumbled last Wednesday after the company reported those results, despite the fact that nothing about last quarter was exactly new or surprising.Sprint stock price has recovered in the meantime, mostly on expectations that Sprint's poor results would inspire regulators to go ahead and approve its merger with T-Mobile US (NASDAQ:TMUS) rather than risk letting Sprint fall apart and cede even more market share to Verizon and AT&T.Indeed, given the slow and relentless deterioration of Sprint's business -- again, last quarter's results weren't uncharacteristic -- the owners of S stock may want to upgrade their hopes that the T-Mobile deal gets done to prayers.Analysts certainly don't see any other viable way out for Sprint stock. What They Said"Sprint won't survive as a stand-alone company with their current capital structure," wrote New Street Research analyst Jonathan Chaplin, adding "If the T-Mobile acquisition is blocked, Sprint will need to find another deal. If they can't find another deal they will likely need to restructure sooner or later. I have a hard time imagining anyone wanting to buy Sprint."The restructuring Chaplin referenced was at least a partial nod to the company's $35.36 billion in long-term debt, which forced the company to shell out $629 million worth of interest payments last quarter. Sprint has been working to whittle down its debt burden, though that's proving difficult.Oppenheimer analyst Timothy Horan noted "We remain sidelined on Sprint (stock) due to the merger, though (we) believe that Sprint would have difficulty remaining competitive as a standalone company."It was MoffettNathanson analyst Craig Moffett, however, who dished out the most eyebrow-raising assessment of the matter for existing and prospective owners of Sprint stock. He explained, "The most recent articulations of their predicament are the most urgent yet. Not only is their network badly deficient, they now concede, their communications with the investment community have also been 'highly selective' at best, and intentionally misleading at worst."If Moffett is right, even last week's concerns voiced by the company itself may still not fully paint the picture of how much trouble Sprint stock is in. The Bottom Line on Sprint StockThere may be more hope on the horizon for S stock than is readily apparent.The bulk of the government's concerns about the deal to date has been expressed by the Federal Communications Commission, although the Department of Justice itself has been interested in telecom companies as well. Allowing the third and fourth biggest wireless names to combine would take another competitor off the table, possibly setting the stage for higher, unchecked prices from the likes of AT&T and Verizon.The FCC and the DOJ, however, may offer some pushback more for effect than out of actual concern. That is, regulators don't want to appear to be pushovers when it comes to mergers because they don't want a surge of completely anti-competitive mergers to take place.The FCC and the DOJ likely know the wireless market is going to turn into a three-horse race in the end anyway, one way or another. And it's better for consumers to have three solid players than two strong players and a still-distant-third T-Mobile all scrambling to pick up the pieces of a shattered Sprint.The toughest part for the owners of Sprint stock is waiting for that green light. Sprint clearly can't continue to do business in its current condition, and every day it has to wait is another opportunity for the Sprint stock price to lose ground.As of this writing, James Brumley did not hold a position in any of the aforementioned securities. You can learn more about James at his site, jamesbrumley.com, or follow him on Twitter, at @jbrumley. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 6 Trade War Stocks With a Lot of Risk * 7 Bond ETFs to Buy * 10 Stocks That Could Squeeze Short Sellers, Including CGC Compare Brokers The post Analysts Agree That Sprint Stock Really, Really Needs the T-Mobile Deal appeared first on InvestorPlace.

  • Markit6 days ago

    See what the IHS Markit Score report has to say about Verizon Communications Inc.

    Verizon Communications Inc NYSE:VZView full report here! Summary * Perception of the company's creditworthiness is neutral * ETFs holding this stock have seen outflows over the last one-month * Bearish sentiment is low Bearish sentimentShort interest | PositiveShort interest is extremely low for VZ with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting VZ. Money flowETF/Index ownership | NegativeETF activity is negative. Over the last one-month, outflows of investor capital in ETFs holding VZ totaled $6.45 billion. Additionally, the rate of outflows appears to be accelerating. Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Telecommunications Services sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. Credit worthinessCredit default swap | NeutralThe current level displays a neutral indicator. Although VZ credit default swap spreads are rising, indicating the market's more negative perception of the company's credit worthiness, they are still comfortably within the range of the last three years.Please send all inquiries related to the report to score@ihsmarkit.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.

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