VZ - Verizon Communications Inc.
54.54 -0.12 (-0.22%)
Pre-Market: 9:01AM EDT
| Previous Close | 53.96 |
| Open | 53.86 |
| Bid | 54.33 x 800 |
| Ask | 54.74 x 800 |
| Day's Range | 53.78 - 54.68 |
| 52 Week Range | 43.97 - 55.90 |
| Volume | 16,865,074 |
| Avg. Volume | 14,037,229 |
| Market Cap | 225.811B |
| Beta (3Y Monthly) | 0.72 |
| PE Ratio (TTM) | 7.25 |
| EPS (TTM) | N/A |
| Earnings Date | N/A |
| Forward Dividend & Yield | 2.41 (4.47%) |
| Ex-Dividend Date | 2018-10-09 |
| 1y Target Est | N/A |
Market Realist•2 hours agoWhat Is Verizon’s Capex Estimate for Q3 2018?
Now let’s take a look at Verizon’s (VZ) spending on capex. Verizon has been investing heavily in capex to improve its network. Wall Street analysts expect Verizon’s capex spending to reach $4.4 billion in the third quarter.
Market Realist•2 hours agoHow the Recent Sell-Off Impacted Sprint’s Technical Indicators
In the previous part of this series, we looked at the latest analyst recommendations for Sprint (S) stock. The majority of analysts are suggesting a “hold.” Now let’s take a look at Sprint’s technical indicators and compare them to its peers in the telecommunications space. We’ll use the company’s RSI (relative strength index) score and moving averages, which are some of the most frequently used technical indicators.
- Reuters•12 hours ago
Comcast says its fastest internet reaches more U.S. homes than any other provider
Competitor Verizon Communications Inc (VZ.N) races to deploy its next-generation 5G wireless service on mobile phones and in the home with speeds theoretically rivalling cable company products. Verizon launched its home internet 5G service in October, the first commercial offering of its kind in the United States. Comcast's high-speed internet business is one of its biggest contributors to revenue and profit as customers for its video services decline.
- Reuters•18 hours ago
Comcast says its fastest internet reaches more U.S. homes than any other provider
Competitor Verizon Communications Inc races to deploy its next-generation 5G wireless service on mobile phones and in the home with speeds theoretically rivaling cable company products. Verizon launched its home internet 5G service in October, the first commercial offering of its kind in the United States. Comcast's high-speed internet business is one of its biggest contributors to revenue and profit as customers for its video services decline.
Market Realist•20 hours agoExpectations for Verizon’s Q3 Fios Internet Customer Acquisitions
In the previous article, we discussed a few of the pay-TV market trends affecting Verizon (VZ). The telecommunications company is managing the secular challenges of the pay-TV market by concentrating on its Fios Internet offering. It will be interesting to see Verizon’s Fios Internet net subscriber additions in the third quarter, as the company has continued to face stiff competition from leading cable companies.
Market Realist•22 hours agoExpectations for Verizon’s Fios Video Customer Acquisitions in Q3
The major driver of Verizon’s (VZ) wireline segment is its Fios service. Verizon’s Fios is a fiber-optic network service that provides users with video, Internet, and voice services. Wall Street analysts expect Verizon to see a net loss of Fios video customers in the third quarter, as the company has continued to face stiff competition from over-the-top (or OTT) video streaming players.
Market Realist•23 hours agoHow Analysts Rate Sprint before Its Q2 2018 Results
As of October 12, 24 analysts from various brokerage firms have been actively tracking Sprint (S) stock. Three of them have recommended a “buy,” 16 have recommended a “hold,” and five have recommended a “sell.” Approximately 67% of them have rated it a “hold.”
- Zacks•23 hours ago
Verizon Aims to Lower Costs Through Employee Retrenchment
Verizon Communications (VZ) intends to utilize the freed-up capital for higher investments in technology upgrade and state-of-the-art infrastructure for faster deployment of 5G.
Market Realist•23 hours agoWhat to Know about Verizon’s Growth Prospects
Verizon (VZ), the largest wireless service provider in the United States, is looking to showcase strength as it nears its third-quarter earnings release. The telecommunications company is expected to report its results for the third quarter on October 23. On that day, Verizon is expected to report adjusted EPS of $1.19, which would represent a YoY (year-over-year) rise of ~21.4%. Meanwhile, Wall Street analysts expect Verizon’s total revenue to rise ~2.5% YoY to reach $32.5 billion in the third quarter.
Market Realist•yesterdaySprint’s Valuation amid the October Market Sell-Off
Let’s look now at Sprint’s (S) valuation after the recent market sell-off. As of October 12, Sprint’s market capitalization was $26.1 billion, making it the fourth-largest US mobile operator in terms of market capitalization. By comparison, T-Mobile’s (TMUS) market capitalization was $57.9 billion, Verizon’s (VZ) was $222 billion, and AT&T’s (T) was $234.2 billion.
Market Realist•yesterdayWhat Drove Crown Castle’s Third-Quarter Results?
Crown Castle (CCI) reported its third-quarter results on October 17. The company posted an AFFO (adjusted funds from operations) of $1.39 per share—$0.01 higher than Wall Street analysts’ expectation. Crown Castle’s AFFO per share grew ~34% YoY (year-over-year) and 5.3% sequentially. The AFFO growth was mainly driven by the company’s revenues rising 29% YoY and 3.4% sequentially to $1.38 billion. The quarterly revenues were ahead of analysts’ estimate of $1.35 billion.
Market Realist•yesterdayHow Sprint’s Stock Performance Compares
Sprint’s (S) closing price on October 12 was $6.41. Based on that, Sprint has a market capitalization of $26.1 billion, the lowest among all the major US mobile operators. Sprint’s highest price in the last 52 weeks was $7.22, and its lowest price was $4.81.
- CNBC•2 days ago
Cramer's lightning round: For growth and yield, go with Verizon over Kraft Heinz
Jim Cramer speeds through his take on callers' favorite stocks, including his favorite pick for "decent growth with good yield."
Associated Press•2 days agoMexico Beach residents return home again _ some to no home
MEXICO BEACH, Fla. (AP) — With stunned faces and tears, residents of hard-hit Mexico Beach returned home for the first time Wednesday about a week after Hurricane Michael hit to find pieces of their lives scattered across the sand and a community altered.
- Zacks•2 days ago
Verizon Communications (VZ) Gains As Market Dips: What You Should Know
Verizon Communications (VZ) closed at $53.96 in the latest trading session, marking a +0.48% move from the prior day.
Market Realist•2 days agoExpectations for Sprint’s Prepaid Net Additions in Q2 2018
In the previous part of this series, we looked at the expectations for Sprint’s (S) postpaid phone customer net additions in the second quarter of fiscal 2018. Let’s see what kind of prepaid customer net additions we can expect from Sprint. Wall Street analysts expect 15,000 prepaid subscriber net additions, given the growing intense competition in the prepaid space.
- Market Realist•2 days ago
Is Twitter Threatened by Amazon’s Increased Advertising?
Amazon (AMZN) is on track to capture 4.1% of all digital ad spending in the United States in 2018, making it the country’s third-largest digital advertising platform after Facebook (FB) and Alphabet’s (GOOGL) Google, according to eMarketer. Amazon’s share of US digital ad spending was estimated to be 2.0% in 2017, placing the company behind Microsoft (MSFT) and Verizon’s (VZ) Oath subsidiary, which captured 4.0% of US digital advertising spending each. Twitter is expected to pick up 1.0% of US digital ad spending in 2018 compared to 20.6% for Facebook and 37.1% for Google.
Market Realist•2 days agoWhat to Expect from Sprint’s Postpaid Net Additions in Q2 2018
In the previous part of this series, we looked at Wall Street analysts’ expectations for Sprint’s (S) second quarter of fiscal 2018 earnings and how much total revenue growth we can expect. We also looked at its expected consolidated adjusted EBITDA growth for the quarter.
Market Realist•2 days agoWhat Is AT&T’s Outlook after the Major Market Sell-Off?
AT&T (T) stock fell ~3.4% on October 11 and closed at $31.75 as part of the significant sell-off in the tech sector. Based on that closing price, AT&T has a market capitalization of ~$230.6 billion—the largest among the major US wireless service operators.
Market Realist•2 days agoSprint’s Wireless Service Revenue Could Be Pressured in Q2 2018
In the previous part of this series, we looked at Sprint’s (S) expected consolidated adjusted EBITDA growth in the second quarter of fiscal 2018. Now let’s take a look at Sprint’s expected wireless service revenue growth for the second quarter of fiscal 2018.
- Engadget•2 days ago
Verizon launches a new generation of its kid-tracking wearable
Your kid almost certainly doesn't need a smartwatch, but you can still strap one to them if you want. Verizon has expanded its dormant lineup of GizmoKids wearables with the GizmoWatch—the first of the bunch to offer 4G LTE. While the GizmoWatch looks like a pretty standard (albeit feature-bare) smartwatch, it has a hidden purpose for parents.
- Barrons.com•2 days ago
What Tiny Telecom Stock GTT Has That Verizon and AT&T Don’t
GTT is the rare telecom without a legacy business to defend. That could translate into upside for the stock.
- Reuters•3 days ago
Waive wireless bills for some Hurricane Michael victims -U.S. FCC chief
U.S. Federal Communications Commission Chairman Ajit Pai on Tuesday called for wireless carriers to waive October bills for people hardest hit by Hurricane Michael after some Florida residents expressed frustration in getting mobile phone service restored. Pai also said consumers in those areas should be allowed to switch carriers without paying a penalty. Verizon Communications Inc, which has been criticized for the pace of its restoration efforts, said late on Tuesday that all consumer and business customers in hard hit Bay County and Gulf County, Florida, would be automatically credited for three months of mobile service for each line they have.
Associated Press•3 days agoHurricane is blamed for 16 deaths in Florida alone
PANAMA CITY, Fla. (AP) — Hurricane Michael killed at least 16 people in Florida, most of them in the coastal county that took a direct hit from the storm, state emergency authorities said Tuesday. That's in addition to at least 10 deaths elsewhere across the South.
- CNBC Videos•2 days ago
Cramer's lightning round: For growth and yield, go with V...
Jim Cramer speeds through his take on callers' favorite stocks, including his favorite pick for "decent growth with good yield."
