VZ - Verizon Communications Inc.
58.04 0.00 (0.00%)
After hours: 7:04PM EDT
| Previous Close | 57.78 |
| Open | 57.51 |
| Bid | 57.95 x 2900 |
| Ask | 58.10 x 1200 |
| Day's Range | 57.28 - 58.20 |
| 52 Week Range | 46.09 - 61.58 |
| Volume | 12,872,523 |
| Avg. Volume | 14,373,433 |
| Market Cap | 239.705B |
| Beta (3Y Monthly) | 0.47 |
| PE Ratio (TTM) | 15.44 |
| EPS (TTM) | 3.76 |
| Earnings Date | Apr 23, 2019 |
| Forward Dividend & Yield | 2.41 (4.08%) |
| Ex-Dividend Date | 2019-04-09 |
| 1y Target Est | 59.54 |
- Motley Fool•2 hours ago
How Risky Is Sprint Now That T-Mobile Merger Is in Trouble?
The No. 4 wireless carrier has warned that its financial situation is worse than it appears to be.
- Market Realist•4 hours ago
Verizon Has Launched a Smartphone Plan for Kids
How Verizon and AT&T Are Battling It Out This Month(Continued from Prior Part)Verizon wants parents to have peace of mind This month, Verizon (VZ) launched a special smartphone plan just for kids, describing it as a first from a major wireless
- Market Realist•6 hours ago
Music Takes Center Stage as Verizon Seeks to Woo Customers
How Verizon and AT&T Are Battling It Out This Month(Continued from Prior Part)Verizon rolls out a music bonus for loyal customers Amid tightening competition for customers in America’s mostly saturated wireless market, Verizon (VZ) is betting
- Market Realist•7 hours ago
Verizon’s 5G Network to Start Generating More Money
How Verizon and AT&T Are Battling It Out This MonthVerizon to expand device choice for 5G mobile customersVerizon (VZ) launched its 5G mobile service in Minneapolis and Chicago ahead of schedule this month, enabling customers in these cities to
- Market Realist•8 hours ago
Verizon: Analysts’ Views and Target Price in April
How Are the Top Telecom Stocks Positioned in April?Ratings and target priceAccording to analysts’ consensus, Verizon (VZ) has a target price of $59.54—compared to its current market price of $58.79—an estimated rise of 1.3% over the next 12
- Zacks•8 hours ago
Wireless Revenue Momentum to Aid Verizon (VZ) Q1 Earnings
Verizon Communications (VZ) is focusing on 5G deployment across select U.S. cities, which will likely translate into higher revenues in the first quarter.
- InvestorPlace•9 hours ago
Nokia Stock Is Still Waiting for the 5G Gold Rush
Nokia (NYSE:NOK), which reinvented itself this decade as a telecom equipment supplier, is still waiting for the 5G gold rush.Source: Shutterstock The new mobile phone standards will require new base stations and radios that can handle both huge amounts of data and new swaths of frequency bandwidth.The question has always been how fast, and how urgent, the equipment gold rush will be. There is also the question of how much of that gold Nokia will get.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThat's because, while Nokia owns old-line phone equipment brands Alcatel and Lucent, it's not the only supplier. Ericsson (NASDAQ:ERIC), also once known as a mobile phone brand, is in the market. So is Samsung (OTCKMKTS:SSNLF). The market power of Chinese competitors Huawei and ZDF, and U.S. startups like privately held Altiostar Networks, which recently won Rakuten's business in Japan with a software upgrade, will also be tested this year. The First QuarterThe first clues to Nokia's success will come in the March quarter report, now due to be delivered April 25. Analysts are expecting profits of 3 cents per share, about $170 million, on revenue of $5.77 billion. * 10 Best Stocks to Buy and Hold Forever Any profit would be welcome because Nokia hasn't had a positive bottom line since 2015. That year was also the heart of the 4G buildout. Since then, network owners have been buying frequencies or hoarding cash, to prepare for the technology now being introduced.Analysts will be looking, not just to the numbers, but to Nokia's success in winning 5G contracts. Network operators are looking to stagger their rollouts, spreading the cost out over several years. Nokia is also facing unspecified "compliance issues" at Alcatel-Lucent, the base station equipment unit it acquired in 2016 .Those problems, which don't seem to be shared by its primary competitors, are behind the Goldman Sachs (NYSE:GS) "sell" rating on Nokia, issued April 15, that hit the stock hard. Goldman notes that Samsung recently won the business of Verizon (NYSE:VZ) and that Huawei is now equal to Nokia in market share. Nokia, Not NokiaConsumers have been seeing Nokia phones in stores for three years.But while these phones are Nokia-branded, and the company gets royalty payments on them, they're the product of another company. That's HMD Global, staffed by former Nokia executives, who picked up the business from Microsoft (NASDAQ:MSFT) in 2016 and have their phones made by Foxconn, the same people who make the Apple (NASDAQ:AAPL) iPhone. The designs are built around Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) Android software.The hope was that HMD phones would be a credit to the Nokia brand, but there are problems. Some went to the wrong countries, sending data back to China. The company's head of design left. The new designs, which compete with the Samsung Galaxy line, are drawing indifferent reviews, due to issues that should have been ironed out in the design phase. The Bottom LineGiven the collapse of Nokia after the launch of the iPhone, it is remarkable that it remains a consumer brand and an industry player.But it's not yet a winner.Analysts are hoping Nokia can earn 42 cents per share next year, which would make the stock dirt cheap at its April 17 price of $5.70 per share, a forward price to earnings multiple of just 14.Whether it can hit that mark, however, is increasingly questioned. There are 30 analysts following the stock, and five have downgraded it in the last three months, with less than half now saying you should buy it.I wish the company well, but not with my money.Dana Blankenhorn is a financial and technology journalist. He is the author of a new mystery thriller, The Reluctant Detective Finds Her Family, available now at the Amazon Kindle store. Write him at danablankenhorn@gmail.com or follow him on Twitter at @danablankenhorn. As of this writing, he owned shares in MSFT and AAPL. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 5 Dividend Stocks Perfect for Retirees * 7 Reasons the Stock Market Rally Isn't Over Yet * 10 S&P 500 Stocks to Weather the Earnings Storm Compare Brokers The post Nokia Stock Is Still Waiting for the 5G Gold Rush appeared first on InvestorPlace.
- Zacks•10 hours ago
Memory Weakness to Hurt Lam Research (LRCX) in Q3 Earnings
Lam Research's (LRCX) fiscal third-quarter results are likely to benefit from strength in non-memory markets. However, memory weakness, PC volatility and increasing competition remain concerns.
Market Realist•10 hours agoCan We Expect Upside Potential in Verizon’s Stock Price?
Verizon's Q1 Results Are Set for Next Week: What Analysts Expect(Continued from Prior Part)Ratings and target priceWall Street analysts are maintaining a neutral outlook on Verizon (VZ) stock. According to Reuters data, among the 30 analysts
- Zacks•10 hours ago
What's in Store for STMicroelectronics (STM) in Q1 Earnings?
STMicroelectronics' (STM) first-quarter results are likely to benefit from robust products and solid execution. However, uncertainty in some of the end-markets served and the ongoing U.S.-China trade war pose serious threats.
- InvestorPlace•10 hours ago
The Rise of 5G and Fading Headwinds Make Verizon Stock a Buy
Verizon Communications Inc. (NYSE:VZ) is one of the world's largest telecommunications companies. While the telecommunications sector transitions into the communication services sector, Verizon and rival AT&T (NYSE:T) remain two of the group's sleepier giants. This delayed start has held Verizon stock back.Source: Via FlickrVerizon is up 4.48% this year compared to a gain of 13.13% for the Dow and a 18.65% gain for the Communication Services Select Sector SPDR (NYSEARCA:XLC), a fund in which Verizon is a top 10 holding.There are avenues for Verizon to shed its laggard status and deliver more upside for investors. In terms of near-term catalysts, there is Verizon's first-quarter earnings report, slated for Tuesday, April 23. Analysts expect the company to earn $1.17 per share on revenue of $32.19 billion. In recent quarters, Verizon has delivered modest earnings surprises, slightly beating Wall Street estimates over the last four quarters.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 S&P 500 Stocks to Weather the Earnings Storm Calling On 5GAnother possible catalyst is the 5G rollout. As you know, 5G is the next generation of wireless communication systems, which is a significant deal for the likes of AT&T and Verizon because about 90% of Americans have mobile phones."The U.S. carriers have begun to move to next-generation 5G wireless networks, which promise faster data speeds and lower latency than earlier technologies," reports Barron's. "Verizon already has a limited commercial network up and running in some areas of Chicago and Minneapolis and is planning to cover parts of another 15 cities later this year."The company's early push into 5G could payoff for VZ stock eventually, but there are still kinks that need to be ironed out, including coverage areas and upload speeds. Download and upload speeds are not be underestimated as important data points for Verizon. Mobile phone users increasingly rely on their phones for a variety of functions and with corporate customers representing significant parts of carriers' businesses, data speeds are crucial.According to Business Insider:"Fast speeds are important for consumers -- 81% identified a high-speed network as a must-have mobile offering, according to Business Insider Intelligence's Telecom Competitive Edge Report (enterprise only) -- and consumers could be unwilling to pay for 5G if it's not consistently better than the current 4G LTE offering" Verizon Versus AT&TFor better or worse, shares of AT&T and Verizon are often joined at the hip in the eyes of investors. That said, Verizon has a market value of almost $243 billion, about $9 billion ahead of its rival. Additionally, Verizon's debt burden is $110 billion, or about $60 billion less than AT&T's.Those data points aside, investors are clearly favoring AT&T this year. Shares of that company are outperforming Verizon by a roughly 3-to-1 margin since the start of 2019. For now, AT&T has the more diverse revenue streams than Verizon and that may well be one reason the former is outpacing the latter this year."This year, Verizon is expected to generate 71% of sales from wireless services. Wireless-related business will probably be about 40% of AT&T's revenue," according to Barron's. Bottom Line on Verizon StockVerizon stock remains a valid choice for conservative income investors. The shares yield 4.10%, more than double the yield on the S&P 500. Verizon stock currently pays a quarterly dividend of 60.25 cents a share, representing dividend growth of just over 20% since 2012. Over the past 15 years, Verizon stock's dividend has grown by about 50%.Still, investors should probably temper expectations that Verizon stock will suddenly start acting like a growth stock, a style that is very much in favor right now. Investors may be more apt to reward Verizon stock if 5G shows a material impact for the company's bottom line or if defensive, low volatility fare comes back into style.Todd Shriber does not own any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Stocks to Buy for Spring Season Growth * This Is How You Beat Back a Bear Market * 7 Dental Stocks to Buy That Will Make You Smile Compare Brokers The post The Rise of 5G and Fading Headwinds Make Verizon Stock a Buy appeared first on InvestorPlace.
Market Realist•12 hours agoWhat Does Verizon’s Current Valuation Indicate?
Verizon's Q1 Results Are Set for Next Week: What Analysts Expect(Continued from Prior Part)Forward PEIn this article, we’ll have a look at how Verizon (VZ) is valued ahead of its first-quarter earnings results. On April 15, Verizon’s forward PE
- Investor's Business Daily•yesterday
Salvaging Sprint, T-Mobile Merger May Depend On Hail Mary 'Structural' Remedy
Sprint and T-Mobile US may propose a structural remedy such as creating a wholesale network company in a last-ditch effort to salvage their proposed merger in the U.S., says an analyst.
- Zacks•yesterday
Will Solid Wireless Traction Boost Verizon (VZ) Q1 Earnings?
Verizon (VZ) is poised to witness solid traction from the impending 5G boom in Q1, and is likely to record higher year-over-year revenues from the Wireless segment.
- Market Realist•yesterday
What Do Verizon’s Moving Averages Suggest?
Verizon's Q1 Results Are Set for Next Week: What Analysts Expect(Continued from Prior Part)Moving averages Recently, Verizon (VZ) stock fell below its 20-day moving average, suggesting a bearish sentiment in the company. On April 15, Verizon stock
- Zacks•yesterday
Can Analog Strength Aid Texas Instruments (TXN) Q1 Earnings?
We expect Texas Instruments (TXN) to perform well in Q1 on the back of strength in analog & embedded processing markets. Yet, increased competition in the auto and industrial space may impact its results.
- Zacks•yesterday
eBay (EBAY) Gears Up for Q1 Earnings: What's in the Cards?
eBay's (EBAY) first-quarter results are likely to be driven by strength in the core marketplace business. However, increasing competition remains a major concern.
- Market Realist•yesterday
Inside AT&T’s Efforts to Reduce Its Debt Levels
What’s Ahead for Hulu after AT&T Stake Sale?(Continued from Prior Part)AT&T’s debt levels AT&T (T) has been battling to reduce its debt, which has spiked due to the $85.4 billion purchase of Time Warner last year in mid-June. AT&T
- Investor's Business Daily•yesterday
5G Stocks To Invest In Span Chipmaker Qualcomm, 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.
- Market Realist•yesterday
Expectations for Verizon’s Fios Video Customer Acquisitions in Q1
Verizon's Q1 Results Are Set for Next Week: What Analysts Expect(Continued from Prior Part)Verizon’s Fios video net additions The major driver of Verizon’s (VZ) Wireline segment is its Fios offering. Verizon’s Fios is a fiber-optic network
- Market Realist•yesterday
Expectations for Verizon’s Postpaid Phone Churn Rate in Q1
Verizon's Q1 Results Are Set for Next Week: What Analysts Expect(Continued from Prior Part)Verizon’s postpaid phone churn rate In this article, we’ll talk about Verizon’s (VZ) customer retention metric, the churn rate. Wall Street analysts
- Market Realist•yesterday
Sprint: Analysts’ Recommendations before Its Q4 Results
Sprint: What Can Investors Expect in Q4?(Continued from Prior Part)Analysts’ recommendations According to data compiled by Reuters, as of April 11, among the 20 analysts tracking Sprint (S) stock, three recommended a “buy,” four recommended a
- GlobeNewswire•2 days ago
Verizon announces tender offers for 15 series of notes
Verizon Communications Inc. (“Verizon”) (NYSE, NASDAQ: VZ) today announced the commencement of 15 separate offers to purchase for cash up to $3.0 billion aggregate principal amount of the outstanding series of notes listed in the table below (collectively, the “Notes”). The Offers will each expire at 11:59 p.m. (Eastern time) on May 13, 2019, unless extended or earlier terminated by Verizon (such date and time with respect to an Offer, as the same may be extended with respect to such Offer, the “Expiration Date”). To be eligible to receive the Total Consideration (as defined below), which includes the Early Participation Payment (as defined below), holders of Notes (each, a “Holder” and collectively, “Holders”) must validly tender their Notes at or prior to 5:00 p.m. (Eastern time) on April 29, 2019, unless extended or earlier terminated (such date and time with respect to an Offer, as the same may be extended with respect to such Offer, the “Early Participation Date”).
- CNBC Videos•yesterday
The Pre-Markets Rundown: April 17, 2019
CNBC brings you fast, accurate, and actionable business news and market updates.
- CNBC Videos•2 days ago
T-Mobile, Sprint deal unlikely in current form, says DOJ
CNBC's Seema Mody reports the T-Mobile, Sprint deal may be in jeopardy. With CNBC's Melissa Lee and the Fast Money traders, Pete Najarian, Tim Seymour, Steve Grasso and Guy Adami.
