|Bid||0.00 x 2200|
|Ask||0.00 x 4000|
|Day's Range||54.32 - 55.19|
|52 Week Range||46.09 - 61.58|
|Beta (3Y Monthly)||0.50|
|PE Ratio (TTM)||14.67|
|Earnings Date||Apr 23, 2019|
|Forward Dividend & Yield||2.41 (4.46%)|
|1y Target Est||59.14|
Verizon Communications Inc is a provider of communications, information and entertainment products and services to consumers, businesses and governmental agencies. The dividend yield of Verizon Communications Inc stocks is 4.36%. Warning! GuruFocus has detected 1 Warning Sign with VZ.
How CenturyLink Fared in the Fourth Quarter(Continued from Prior Part)Analysts’ estimatesAnalysts expect CenturyLink (CTL) to report a ~2.5% fall in its consolidated revenues to $22.9 billion in 2019 compared to $23.4 billion in 2018. The
Transport and logistics provider XPO Logistics Inc. (NYSE: XPO) will close a Memphis distribution center that had been the site of alleged worker mistreatment by the company, saying today it chose to shutter the facility after its sole customer, telecom giant Verizon Wireless (NYSE: VZ), decided to no longer fulfill product from there. The facility, which employs 400 people, is expected to close in June, XPO said in a statement today. Layoffs will begin April 15 and be spread out over two weeks, according to an XPO letter to employees posted yesterday on the Teamsters union website.
What's the Outlook for Verizon in 2019?(Continued from Prior Part)Analyst recommendationsAccording to data compiled by Reuters, as of February 12, 40% of the total 30 analysts covering Verizon (VZ) stock have given it a “buy” rating. Meanwhile,
How CenturyLink Fared in the Fourth Quarter(Continued from Prior Part)CenturyLink’s revenue trends CenturyLink’s (CTL) top line has been declining over the past few quarters on a pro forma basis. CenturyLink’s net revenues in the fourth
What's the Outlook for Verizon in 2019?(Continued from Prior Part)Verizon’s scaleAs of February 12, Verizon’s (VZ) market capitalization was $224.9 billion, making it the largest US mobile operator in terms of market capitalization. In
How CenturyLink Fared in the Fourth QuarterCenturyLink’s earnings trendIn the fourth quarter, on an adjusted level, CenturyLink (CTL) reported EPS of $0.37, which was higher than Wall Street analysts’ forecast of $0.32. Excluding the
Because most telecommunications carriers’ revenue comes from domestic operations, the reduced corporate tax rate is saving many of them billions of dollars each year. Another provision that allows companies to immediately write off the full value of their capital investments through 2022 also offers them big near-term savings. The law’s overall 21% corporate tax rate, down from 35%, lopped billions of dollars off telecom companies’ federal obligations in 2018.
Verizon News: Green Bonds, Yahoo Issues, Job Cuts, and a Lawsuit(Continued from Prior Part)Lawsuit wants Verizon to forfeit revenuePennsylvania’s attorney general recently sued Verizon (VZ), accusing the company of failing to deliver the perks it
What's the Outlook for Verizon in 2019?(Continued from Prior Part)Shareholder returns Increasing capital returns to investors is one of Verizon (VZ) management’s main priorities. In the fourth quarter, the telecom company returned $2.5 billion to
The Zacks Analyst Blog Highlights: Caterpillar, Netflix, Philip Morris International, Altria and Verizon
Verizon News: Green Bonds, Yahoo Issues, Job Cuts, and a Lawsuit(Continued from Prior Part)Verizon seeking to cut costs Verizon (VZ) is planning to cut ~800 jobs in its media unit, which would result in the unit’s workforce decreasing by ~7.0%. The
Verizon News: Green Bonds, Yahoo Issues, Job Cuts, and a Lawsuit(Continued from Prior Part)Proposal details said to come up shortVerizon (VZ) recently suffered a setback in its efforts to put the Yahoo problems it inherited behind it. Late last
Verizon News: Green Bonds, Yahoo Issues, Job Cuts, and a LawsuitVerizon green bond offering oversubscribed Verizon (VZ) recently raised $1.0 billion through the sale of so-called green bonds. Verizon saw strong demand for its green bonds, allowing it
XPO Logistics Inc on Thursday said it will close a Verizon-contracted distribution center in Memphis that was the subject of a New York Times investigation into pregnancy discrimination against female workers. "Our customer has made a business decision and as a result this facility will close in June," XPO said in a statement. XPO declined to name the customer, identified by workers and media reports as Verizon.
What's the Outlook for Verizon in 2019?(Continued from Prior Part)Verizon adds customers Verizon (VZ), the largest mobile operator in the United States, has been consistently focusing on improving its network to add more customers, as the customer
What's the Outlook for Verizon in 2019?(Continued from Prior Part)Verizon’s prepaid customer net additions In this article, let’s take a look at Verizon’s (VZ) prepaid customer net addition trend. The company has been losing its prepaid
Accenture (ACN) and Verizon Communications Inc. (NYSE, Nasdaq: VZ) have won a Global Telecoms (“Glotel”) Award for their collaboration on an innovative customer service solution that uses artificial intelligence (AI) and intelligent analytics to help Verizon customers resolve issues quickly and easily. Known as the “Glotels,” the Global Telecoms Awards recognize innovation in advancing and transforming today's telecom industry. Accenture and Verizon’s award, in the “AI and automation initiative of the year” category, acknowledges the success of their solution, which helps proactively steer customers to an AI-powered digital assistant that uses interpretive AI to provide an enhanced, consistent and personalized customer-service experience.
What's the Outlook for Verizon in 2019?Analyst estimates Analysts expect Verizon (VZ) to report a ~1.0% rise in its consolidated revenues to $132.2 billion in 2019 compared to $130.9 billion in 2018. The company’s adjusted EPS are expected to be
Tech News: Amazon-Rivian Deal, AT&T on 5G, and More(Continued from Prior Part)AT&T is expanding its 5G services in two more citiesAT&T (T) is progressing well on its 5G network and has added two new cities for its 5G line-up. The two new
CenturyLink Stock Fell 10.8% Due to Q4 Results and Dividend CutCenturyLink’s fourth-quarter results CenturyLink (CTL) reported its fourth-quarter results after the market closed on February 13. CenturyLink reported an adjusted EPS of $0.37 in the
AT&T or Verizon: Which Is the Better Telecom Bet This Month?(Continued from Prior Part)Comparing interest expenses In 2018, AT&T (T) reported interest expenses of $8.0 billion, a YoY (year-over-year) rise of 26.3%, while Verizon (VZ) reported