Verizon Communications Inc. (VZ)
- Previous Close
38.60 - Open
38.91 - Bid 39.76 x 3000
- Ask 39.77 x 1000
- Day's Range
38.68 - 39.99 - 52 Week Range
30.14 - 43.42 - Volume
23,289,669 - Avg. Volume
18,916,900 - Market Cap (intraday)
167.097B - Beta (5Y Monthly) 0.39
- PE Ratio (TTM)
14.44 - EPS (TTM)
2.75 - Earnings Date Jul 22, 2024
- Forward Dividend & Yield 2.66 (6.89%)
- Ex-Dividend Date Apr 9, 2024
- 1y Target Est
45.40
Verizon Communications Inc., through its subsidiaries, engages in the provision of communications, technology, information, and entertainment products and services to consumers, businesses, and governmental entities worldwide. It operates in two segments, Verizon Consumer Group (Consumer) and Verizon Business Group (Business). The Consumer segment provides wireless services across the wireless networks in the United States under the Verizon and TracFone brands and through wholesale and other arrangements; and fixed wireless access (FWA) broadband through its wireless networks, as well as related equipment and devices, such as smartphones, tablets, smart watches, and other wireless-enabled connected devices. The segment 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 Business segment provides wireless and wireline communications services and products, including FWA broadband, data, video and conferencing, corporate networking, security and managed network, local and long-distance voice, and network access services to deliver various IoT services and products to businesses, government customers, and wireless and wireline carriers in the United States and internationally. 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.
www.verizon.com105,400
Full Time Employees
December 31
Fiscal Year Ends
Sector
Industry
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Performance Overview: VZ
Trailing total returns as of 4/23/2024, which may include dividends or other distributions. Benchmark is .
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Statistics: VZ
Valuation Measures
Market Cap
162.47B
Enterprise Value
335.74B
Trailing P/E
14.04
Forward P/E
8.39
PEG Ratio (5yr expected)
1.06
Price/Sales (ttm)
1.21
Price/Book (mrq)
1.76
Enterprise Value/Revenue
2.50
Enterprise Value/EBITDA
8.34
Financial Highlights
Profitability and Income Statement
Profit Margin
8.44%
Return on Assets (ttm)
4.98%
Return on Equity (ttm)
12.42%
Revenue (ttm)
134.04B
Net Income Avi to Common (ttm)
11.31B
Diluted EPS (ttm)
2.75
Balance Sheet and Cash Flow
Total Cash (mrq)
2.36B
Total Debt/Equity (mrq)
183.48%
Levered Free Cash Flow (ttm)
11.53B
Research Analysis: VZ
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Research Reports: VZ
Analyst Report: Verizon Communications Inc
Verizon is a leader in the U.S. telecommunications industry. The company was created in July 2000 when Bell Atlantic and GTE merged.
RatingPrice TargetMarket Digest: TSM, TFC, GILD, OMC, VZ
We've reported for weeks that the trading activity among corporate insiders in general, but on the tech-heavy Nasdaq in particular, was clearly suggesting that stocks likely had come too far, too fast. Further, insider-sentiment data from Vickers Stock Research left the clear impression that stocks were priced for perfection and vulnerable to events like inflation disappointment, geopolitical turmoil, or less-than-expected corporate earnings. Now, a mix of all those things seem to be in play and stocks are indeed experiencing rough sledding for the first time since about October. Reflecting the forecasting from Vickers, as of this writing the Nasdaq Composite and Nasdaq 100 have slid about 7% from the March 22 highs while the S&P 500 is off about 5%.
Analyst Report: Verizon Communications Inc.
Wireless services account for about 70% of Verizon Communications' total service revenue and nearly all of its operating income. The firm serves about 93 million postpaid and 21 million prepaid phone customers (following the acquisition of Tracfone) via its nationwide network, making it the largest US wireless carrier. Fixed-line telecom operations include local networks in the Northeast, which reach about 29 million homes and businesses and serve about 8 million broadband customers. Verizon also provides telecom services nationwide to enterprise customers, often using a mixture of its own and other carriers' networks.
RatingPrice TargetMorningstar | A Weekly Summary of Stock Ideas and Developments in the Companies We Cover
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