VZ - Verizon Communications Inc.

NYSE - NYSE Delayed Price. Currency in USD
56.59
-0.62 (-1.08%)
At close: 4:01PM EDT
Stock chart is not supported by your current browser
Previous Close57.21
Open57.38
Bid0.00 x 2900
Ask0.00 x 800
Day's Range56.57 - 57.46
52 Week Range50.05 - 61.58
Volume12,240,345
Avg. Volume13,297,758
Market Cap234.04B
Beta (3Y Monthly)0.51
PE Ratio (TTM)14.62
EPS (TTM)3.87
Earnings DateAug 1, 2019
Forward Dividend & Yield2.41 (4.21%)
Ex-Dividend Date2019-07-09
1y Target Est59.61
Trade prices are not sourced from all markets
  • Verizon rolls out 5G hotspot device in St. Paul
    Yahoo Finance Video4 days ago

    Verizon rolls out 5G hotspot device in St. Paul

    Raymond James is betting on the future of 5G, upgrading Apple to outperform with a price target of $250, a decision that was heavily impacted by Apple's settlement with Qualcomm. Today, Verizon launched a 5G hotspot device in St. Paul, Minnesota. Yahoo Finance sat down with Verizon Business EVP & Group CEO, and discussed Verizon's 5G plans.

  • Verizon 5G service will be in 30 cities by the end of the year
    Yahoo Finance Video4 days ago

    Verizon 5G service will be in 30 cities by the end of the year

    Verizon is taking big steps to get 5G to more Americans. Yahoo's parent company is launching 5G service in Saint Paul, Minnesota, and just debuted a new 5G-enabled hotspot device. Tami Erwin, Group CEO for Verizon Business, sat down with Yahoo Finance to discuss some of the big partnerships the company has already landed with 5G.

  • Verizon Launches 5G Network in St. Paul
    Bloomberg4 days ago

    Verizon Launches 5G Network in St. Paul

    Jul.18 -- Verizon Business Group CEO Tami Erwin discusses the launch of a 5G ultra wideband network in St. Paul. She speaks on "Bloomberg Daybreak: Americas."

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    Shares of Warren Buffett’s investment firm have come up far short of the S&P 500’s nearly 19% rise so far this year. Oregon’s pension fund, one of the largest in the world, unloaded Berkshire stock in the second quarter.

  • Verizon Launches Inseego 5G MiFi, Service Reaches St. Paul
    Zacks3 days ago

    Verizon Launches Inseego 5G MiFi, Service Reaches St. Paul

    Verizon (VZ) maintains its market-leading position with the launch of Inseego 5G hotspot, which is its fifth 5G-enabled device. The company also adds 5G Ultra Wideband mobility service in Saint Paul.

  • Will Healthy Top-Line Growth Buoy AT&T (T) Q2 Earnings?
    Zacks3 days ago

    Will Healthy Top-Line Growth Buoy AT&T (T) Q2 Earnings?

    Increased 5G deployment, thrust on digital and media business along with focus on edge computing capabilities are likely to enable AT&T (T) to generate higher second-quarter 2019 revenues.

  • Bloomberg3 days ago

    Small Broadband Companies Claim FCC Win Over AT&T and Verizon

    (Bloomberg) -- The largest U.S. telephone companies last year asked regulators to kill limits on the rates smaller carriers can be charged for connecting to the giants’ networks.Now the small carriers are claiming they have successfully defended the regulations as the Federal Communications Commission nears conclusion of a proceeding it has acted on in parts.“We see it as a huge victory,” said Chip Pickering, chief executive officer of the trade group Incompas. Its member companies that offer broadband service and need to connect through lines controlled by companies such as AT&T Inc. and Verizon Communications Inc.The regulations are designed to ensure small companies have access to lines that carry traffic for businesses, schools and homes -- and can use those connections to expand broadband competition by building new fiber links.USTelecom, a trade group with members including AT&T and Verizon, filed the petition with the FCC to eliminate rules in May 2018 and is claiming a partial victory.“We’re thrilled about the steps taken by the FCC to grant important parts” of the petition, Jonathan Spalter, chief executive officer of USTelecom, said in an interview.Eliminating the rules clears the way for more investment in modern networks, according to the trade group.1996 RulesIn its petition, USTelecom said more companies are offering service, undermining the need for the rules put in place in 1996, as the U.S. opened communications markets to more competition.For instance, companies subject to the rules served 186 million wholesale and retail land lines in 2000 compared with 35 million in 2018, according to the petition, which added that some 60% of U.S. households have turned to wireless service.“The mandates at issue here -- principally involving access to old copper network facilities and protections related to an extinct ‘long distance voice market’ -- are not necessary to protect competition or consumers,” USTelecom said in its petition.The agency eliminated some reporting requirements in April, and earlier this month lifted pricing regulations for lines that carry bulk business traffic in most of the country -- decisions that together represented “substantial and meaningful” progress, according to a blog post by Spalter.In June, USTelecom withdrew its request to remove rules around fiber lines that can carry signals from town to town, usually in less populated areas. And in July it withdrew its request to kill rules about local lines that can carry broadband.Copper LinesThe FCC must act on the remainder of USTelecom’s petition by Aug. 2, and Chairman Ajit Pai has recommended the agency remove rate mandates on old copper lines that provide voice service, according to a background document provided by the FCC.The FCC, while not commenting on the outcome, said in a statement that the issues that remain to be decided “were intended to open monopoly local phone companies to competition in voice services” and are no longer necessary.Incompas, representing the small service providers, says it scored victories with the withdrawals by USTelecom of portions of the petition in June and July. The trade group led a campaign that included letters from more than 9,000 customers to the FCC, where Pai has emphasized creating more broadband connections.“When it comes to fiber, they’re removing barriers,” said Pickering, the Incompas leader. “We won the case by being consistent with the commission’s priorities.”Spalter, the USTelecom chief, said his group would continue to make the case for lifting old rules. “As surely as the sun sets in the west, there will be time and space for the FCC to modernize the outdated rules, to make them reflect the competition that exists,” Spalter said.To contact the reporter on this story: Todd Shields in Washington at tshields3@bloomberg.netTo contact the editors responsible for this story: Jon Morgan at jmorgan97@bloomberg.net, John HarneyFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Wall Street Has Given Up on These 3 Stocks, and That's a Huge Mistake
    Motley Fool4 days ago

    Wall Street Has Given Up on These 3 Stocks, and That's a Huge Mistake

    Don't overlook what Verizon, NIO, and AT&T have to offer.

  • Verizon on track to have 5G available in 30 cities by the end of 2019
    Yahoo Finance4 days ago

    Verizon on track to have 5G available in 30 cities by the end of 2019

    Verizon Communications is full steam ahead with its 5G rollout.

  • AT&T Partners Microsoft on 5G, Cloud & AI to Advance Tech
    Zacks4 days ago

    AT&T Partners Microsoft on 5G, Cloud & AI to Advance Tech

    AT&T's (T) 5G capabilities and Microsoft's Azure cloud facilitate exceptional solutions for mutual customers, and are likely to shape the future of media and communications.

  • Verizon's first 5G hotspot is $500 with a two-year contract
    Engadget4 days ago

    Verizon's first 5G hotspot is $500 with a two-year contract

    Verizon (Engadget's parent company) has unveiled the latest device that connects to its 5G network. The Inseego MiFi M1000 is the first 5G hotspot available through Verizon, and it costs $650 upfront. If that's a little out of your price range, there's a payment plan through which you can pick up the hotspot for $27.08/month for 24 months or it's available for $500 with a two-year contract.

  • 5G Stocks To Invest In Span Chipmakers Marvell And Xilinx, Apple, Verizon
    Investor's Business Daily4 days ago

    5G Stocks To Invest In Span Chipmakers Marvell And Xilinx, Apple, 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.

  • GlobeNewswire4 days ago

    Consumers have spoken, rated Verizon tops for network quality in J.D. Power Study for 23rd time in a row

    BASKING RIDGE, N.J., July 18, 2019 -- Verizon offers the nation’s best network experience. That’s not according to us, or even multiple independent third party awards covering.

  • 3 Big Stock Charts for Thursday: Eastman Chemical, Verizon and General Motors
    InvestorPlace4 days ago

    3 Big Stock Charts for Thursday: Eastman Chemical, Verizon and General Motors

    After stalling on Monday and struggling on Tuesday, the bears finally got their pound of flesh. On Wednesday, the S&P 500 fell 0.65%, closing near its low for the day after a few too many investors rethought their positions after a fairly tough start to earnings season.Source: Shutterstock Railroad company CSX (NASDAQ:CSX) hit the wall the hardest, slumping more than 10% after falling short of last quarter's earnings expectations then underscoring that miss with a disappointing outlook. Telecom technology name Ericsson (NASDAQ:ERIC) was a miserable performer too, however, down 11% after missing its quarterly earnings estimates and painting a grim picture of its business in Asia.At the other end of the spectrum, Shopify (NYSE:SHOP) rallied more than 2% as investors jockeyed to get into the one name that could prove disruptive to the e-commerce landscape.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 Best Cryptocurrencies to Keep on Your Radar But none of those names are as compelling as the stock charts of Eastman Chemical Company (NYSE:EMN), General Motors (NYSE:GM) and Verizon Communications (NYSE:VZ) headed into Thursday's action. Here's what makes these three names so special. Eastman Chemical Company (EMN)Given the action Eastman Chemical Company shares have dished out over the past couple of weeks, it would be easy to say EMN just blew its chance at clearing its 200-day moving average line plotted in white on both stocks charts. The June rally was stopped cold there, and Tuesday's short-lived trek above the 200-day line was also halted when the late-June high near $80 was re-met.There's more bullishness packed into this chart than readily meets the eye, however. Another good nudge or two could do the trick. Click to Enlarge * Although the June effort to clear the 200-day moving average line failed, notice the subsequent pullback was halted and reversed cleanly at the purple 50-day moving average line. * Yesterday, the gray 100-day moving average line also became a support level. * While the 200-day line is a critical hurdle here, the $80 area has been defined as the make-or-break area for meaningful upside. Verizon Communications (VZ)With nothing more than a passing glance at Verizon Communications, it looks like the stock is simply range-bound, bouncing to and from near-term peaks and troughs. And, that may be all that's taking shape here.But, as was noted on June 21, VZ stock is increasingly putting pressure on its 200-day moving average line as a technical floor. Although it's still intact, the stock is quietly inching closer to a break under that support, which could easily open the doors to lower lows in a hurry. * 7 Stocks Top Investors Are Buying Now Click to Enlarge * Just since April, the testing of the 200-day line, plotted in white on both stock charts, has heated up to where it's being touched on a regular basis. * Although it has not happened yet, we're even closer to a so-called death cross now than we were a month ago. That's where the purple 50-day average crossed under the 200-day line. * Even a break under the 200-day line is no guarantee of a complete meltdown, however. There's a support line at $55.34, where the red, dashed line that connects the key lows since early last year lies. General Motors (GM)Like all other players in the automobile industry, General Motors has struggled since "peak auto" came and went in 2015. Although it fared better than the rest and it was able to drive GM stock sharply higher in 2017, it wasn't meant to last. The pullback has been particularly bumpy.There has been a method to the madness behind all the volatility, however. The highs and lows going back to 2015 have formed a wedge pattern that's squeezing General Motors shares into a point. The stock may not get all the way to the convergence of that triangle shape, however, if they can just get over the ceiling they're testing right now. Click to Enlarge * There are actually two upper boundaries of the wedge. The bigger-picture one is plotted as a white dashed line, while the gray dashed line has only taken shape since early 2018. * We've seen it before to no avail, but the white 200-day moving average line is sloped upward again, suggesting the longer-term trend is net-bullish. * Although pressing the upper boundary of the wedge right now, General Motors stock might be better served by sliding a little lower, regrouping and then trying one more time.As of this writing, James Brumley held no 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 * 7 Stocks Top Investors Are Buying Now * The 10 Best Cryptocurrencies to Keep on Your Radar * 7 Marijuana Penny Stocks That Could Triple (But You Won't Make Money) The post 3 Big Stock Charts for Thursday: Eastman Chemical, Verizon and General Motors appeared first on InvestorPlace.

  • Top Ranked Income Stocks to Buy for July 18th
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  • GlobeNewswire4 days ago

    Verizon launches exclusive Inseego 5G MiFi M1000 nationwide; turns on 5G Ultra Wideband network in St. Paul

    Inseego MiFi is the first 5G hotspot and fifth 5G-enabled device on Verizon’s 5G network St. Paul, MN joins Chicago, Denver, Minneapolis and Providence as a Verizon 5G mobility.

  • Verizon resurrects media business as safe haven on the internet
    Reuters4 days ago

    Verizon resurrects media business as safe haven on the internet

    Banning pornography from Tumblr was not necessarily meant to define Verizon Media's strategy to turn around a collection of Internet has-beens. After Verizon Communications Inc , which owns media brands like Yahoo, AOL and social media site Tumblr, declared its media properties nearly worthless last year with a $4.6 billion write-down, the division of the U.S. telecoms giant is resurrecting the businesses as an antidote to the cesspool of the internet. "I want to build something that you'll 100% trust," Verizon Media Chief Executive Guru Gowrappan said in an interview last month.

  • AT&T (T) Collaborates With IBM to Optimize Core Operations
    Zacks5 days ago

    AT&T (T) Collaborates With IBM to Optimize Core Operations

    Per the multi-year strategic alliance, AT&T (T) will leverage IBM's domain expertise to augment the internal software applications of AT&T Business division for seamless migration to IBM Cloud.

  • Netflix earnings — What to know in markets Wednesday
    Yahoo Finance6 days ago

    Netflix earnings — What to know in markets Wednesday

    Netflix will deliver its second-quarter financial results after the market close Wednesday.

  • Verizon, Ericsson to Bring Cloud Native Tech in Live Network
    Zacks6 days ago

    Verizon, Ericsson to Bring Cloud Native Tech in Live Network

    Verizon (VZ) and Ericsson (ERIC) exhibit how cloud native Evolved Packet Core technology can be crucial in increasing efficiency and utilization of the cloud infrastructure.

  • T-Mobile Unveils NB-IoT Asset Tracking Solution With Roambee
    Zacks6 days ago

    T-Mobile Unveils NB-IoT Asset Tracking Solution With Roambee

    T-Mobile (TMUS) and Roambee aim to provide a comprehensive asset tracking solution that works exclusively on Narrowband Internet of Things network.

  • Will Top-Line Growth Buoy Badger Meter's (BMI) Q2 Earnings?
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    Will Top-Line Growth Buoy Badger Meter's (BMI) Q2 Earnings?

    Growing demand for E-Series meters, ORION Cellular endpoints and BEACON Advanced Metering Analytics managed solution is likely to translate into higher second-quarter 2019 revenues for Badger Meter (BMI).

  • 4 Internet of Things Stocks That Will Connect Investors to Profit
    InvestorPlace6 days ago

    4 Internet of Things Stocks That Will Connect Investors to Profit

    [Editor's note: "4 Internet of Things Stocks That Will Connect Investors to Profit" was previously published in January 2019. It has since been updated to include the most relevant information available.]As the reach of wireless expands, the Internet of Things -- or IoT -- promises to become one of the more robust niches in tech over the next few years. As such, Internet of Things stocks should prosper along with the industry.Semiconductor firms play an essential role in the growth of the IoT industry. However, due in large part to factors not related to IoT, many of the best semiconductor stocks have seen their values drop dramatically in recent months.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 9 Retail Stocks Goldman Sachs Says Are Ready to Rip While this may put off some investors, many Internet of Things stocks now trade at valuations so low that they could become the best stocks in tech once a recovery begins. With low valuations, a potential for growth, and their critical roles in IoT, these four stocks appear well positioned to benefit investors: AT&T (T)AT&T (NYSE:T) stands in a uniquely strong position in the 5G market. Assuming T-Mobile (NASDAQ:TMUS) succeeds in acquiring Sprint (NYSE:S), Verizon (NYSE:VZ), AT&T, and T-Mobile will form a "Big Three" of wireless. Given the tens of billions in cost it takes to build a 5G network, the market will likely not see new entrants. Hence, most IoT devices will eventually run on services provided by one of these firms.I chose AT&T primarily because it maintains the lowest forward P/E ratio -- 9.3 -- and has the largest dividend yield -- currently 6% -- among the three.To a degree, T stock has become cheap for a reason. Unlike its other major peers, it has taken on tens of billions in debt to acquire a sizable media content library. Investor skepticism about this move likely explains the lower P/E ratio.Admittedly, I do not know if this strategy will succeed. What I do know is that AT&T can sell the content library if that business line fails. Also, with the oligopoly forming in the nascent 5G industry, chances of failure in that niche are near zero. Hence, I feel okay with collecting a 6% dividend while waiting for this approach to play out. Once AT&T finds their path to success, the P/E ratio should catch up to that of its peers. Due primarily to its 5G network, AT&T should eventually become one of the more successful Internet of Things stocks. NXP Semiconductor (NXPI)NXP Semiconductor (NASDAQ:NXPI) takes its place among Internet of Things stocks on many levels. The firm's work in chips for automotive, consumer, and industrial applications means IoT plays a critical role in the company's products. Through IoT, it connects devices ranging from cars to health monitors to drones.As a result, NXPI stock appears more immune to the chip glut that has hurt profit growth for many semiconductor companies. However, despite this immunity, the market has punished NXPI stock. It fell for most of 2018, losing over 35% of its value since hitting its all-time high in February. Granted, the failed takeover attempt by Qualcomm hurt the stock as well. However, with a forward P/E of 10.8, Wall Street values it as if it were being hit by the chip glut. * 9 Retail Stocks Goldman Sachs Says Are Ready to Rip Analyst forecasts indicate otherwise. For 2019, on average, they predict 10% profit growth. They think NXPI will see double-digit profit increases in 2020 as well. Moreover, as 5G networks launch in earnest in 2020, and self-driving cars take to the roads, IoT should take off exponentially. This should propel NXPI stock to more gains. With a market cap of $28.3 billion, its story has only just begun. Once the market notices the continued profit growth of NXPI, I doubt the P/E will remain so low for long. Qualcomm (QCOM)In recent years, Qualcomm (NASDAQ:QCOM) seems better known for its failed attempt to take over NXP or its court battles with Apple (NASDAQ:AAPL). However, Qualcomm has led the way in connectivity for decades. That has helped to make QCOM one of the leading Internet of Things stocks.Even without 5G, Qualcomm has already shipped over 1 billion IoT devices. The firm offers turnkey IoT solutions. Also, its latest 5G-compatible Snapdragon processor will further strengthen its IoT presence.IoT could also lead a recovery in long-suffering QCOM stock. QCOM has lost one-third of its value since reaching a multi-year high in 2014.Years of pain have taken its forward P/E to about 14.75. But analysts forecast a return of profit growth next year, as they expect its profit to increase by 35%. Forecasts also indicate double-digit earnings increase will continue after 2020.Investors should also take QCOM seriously as a dividend stock. It has hiked its payout for eight straight years. The company will pay $2.48 per share this year, amounting to a yield of nearly 3.3%. Even if the stock languishes, stockholders earn a decent return while they wait for a recovery. Hence, with a low valuation and a recovery in profits forecast, QCOM could become one of the more lucrative IoT stocks. Skyworks Solutions (SWKS)At first glance, Skyworks Solutions (NASDAQ:SWKS) may not stand out from other Internet of Things stocks. Like most IoT players, SWKS specializes in chips designed for RF and mobile communications. Its IoT chips appear in smartphones, wearables, appliances, medical devices, and many other areas. SWKS also provides IoT in the world's industrial and wireless infrastructure.Despite decades of trading history, IoT has put SWKS stock on the map. It traded in the single-digits for years after the dot-com bubble burst. However, it had risen as much as 28-fold from its 2009 low before pulling back in 2018.Like most of its peers, SWKS suffered as a chip shortage quickly became an oversupply situation. SWKS stock has fallen 20% from its 52-week high. Like other Internet of Things stocks, the decline appears overdone. Thanks to the dropoff, SWKS stock trades at just 12 times the consensus forward earnings estimate. * 9 Retail Stocks Goldman Sachs Says Are Ready to Rip Profits also appear positioned to recover once the industry works off the glut in available chips. For next year, Wall Street analysts, on average, forecast profit growth of 6.8%. They also believe those increases will reach the double-digits in future years. The move to 5G should ensure this growth continues. With few companies offering such a value proposition at so low of a P/E ratio, SWKS should see increased interest from investors in the near future.As of this writing, Will Healy did not hold a position in any of the aforementioned stocks. You can follow Will on Twitter at @HealyWriting. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 9 Retail Stocks Goldman Sachs Says Are Ready to Rip * 7 Services Stocks to Buy for the Rest of 2019 * 6 Stocks to Buy and 1 to Sell Based on Insider Trading The post 4 Internet of Things Stocks That Will Connect Investors to Profit appeared first on InvestorPlace.

  • What Makes Verizon (VZ) a New Buy Stock
    Zacks6 days ago

    What Makes Verizon (VZ) a New Buy Stock

    Verizon (VZ) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank 2 (Buy).