Verizon Communications Inc VZ

$47.21 -0.72 (-1.50%)

Valuation

Market cap
197,211,664,000
Revenue TTM
$138,191,000,000
Net income TTM
$17,174,000,000
PE ratio
9.84
Forward PE
9.52
Profit margin
12.43%
Debt to equity
1.65

Trading

Volume
21,184,945
Avg volume
25,593,844
Day's range
$47.17 – $48.26
Shares out
4,175,559,000
Stochastic %K
66%
Beta
0.24
Analysts
Sell
Price target
$51.88

Price

Company profile

Verizon Communications Inc., through its subsidiaries, engages in the provision of communications, technology, information, and streaming 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 Stat...

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Verizon Communications Inc., through its subsidiaries, engages in the provision of communications, technology, information, and streaming 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, smartwatches, 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 and wireline broadband, advanced communication services, 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 distributes its products and services through direct channels, company-operated stores, digital and omnichannel platforms, indirect agents, business solution resellers, and national retailers. 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.

Industry
Telecom Services
Sector
Communication Services
Phone
212 395 1000
Website
https://www.verizon.com
Address
1095 Avenue of the Americas, New York, United States

Latest news

Stocktwits

trumpdisasterprez Oct 12, 12:32 AM
$VZ $TMUS $T $SPCX This technology is from the 1990s. By a bunch of boomers. Founded in 1990 by cellular pioneer Craig McCaw and backed by Microsoft’s Bill Gates, Teledesic aimed to solve global connectivity. At the time, traditional communications satellites sat in Geostationary Orbit (GEO), 36,000 kilometers above Earth. This distance created terrible latency (lag). Teledesic proposed an entirely different architecture: a constellation of hundreds of satellites in Low Earth Orbit (LEO), just 700 kilometers up. The system promised "fiber-optic-like" speeds, global coverage, and low latency, targeting remote schools, businesses, and regions that ground-based cables couldn't reach. The audacity of the project attracted nearly $900 million in funding from an elite roster of investors, including: • Bill Gates (Microsoft) • Craig McCaw (McCaw Cellular) • Saudi Prince Alwaleed bin Talal ($200 million) • Boeing ($100 million) • Motorola ($750 million)
1 replies
WallStreet711 Oct 12, 12:24 AM
$SPCX $T $TMUS $VZ Nonsense
1 replies
StonksDiamondHands Oct 12, 12:06 AM
$TMUS $VZ $T $ASTS overnight is green! hope it hold tomorrow
1 replies
MilhouseVanhouten Oct 11, 11:53 PM
$VZ $TMUS $T RIP. Out with the old boomer nonsense. In with actual technology. $SPCX
1 replies
WallStreet711 Oct 11, 10:49 PM
$SPCX $T $TMUS $VZ That post is so true and absolutely hilarious. Way to go!!!!!!
2 replies
Techdamentals Oct 11, 10:13 PM
About $45B came off three carriers by the end of Fri, Oct 9 after SpaceX agreed to pay about $8B for spectrum. No customers switched, and a share price is a claim on the future. $T $VZ $TMUS $XLC Video: https://www.youtube.com/watch?v=dzYYd6bxGpg Educational, not advice.
0 replies
Techdamentals Oct 11, 10:11 PM
$VZ Spectrum is not a network, and Bernstein put the cost of building a competitive nationwide one at $50B to $130B. The three carriers already hold far more spectrum than this deal, plus decades of ground infrastructure. That is the case against Friday's reaction, and it is laid out in the video. Watch the full video: https://www.youtube.com/watch?v=dzYYd6bxGpg See the valuation range for this one: https://techdamentals.com/v/VZ?ref=st Educational, not advice.
0 replies
trumpdisasterprez Oct 11, 9:53 PM
$VZ $T $TMUS $SPCX At the current pace of Starship deployment of 5G-ready satellites (next Gen V2 and V3) of 26 satellites every 3 months, the 15,000 satellite constellation should be complete in... a little under 150 years. Somewhat later than Elon's bullsh•t promise of "a full, direct-to-consumer 5G-quality Starlink Mobile service launching in the first half of 2028"
1 replies