Verizon Communications VZ

$45.20 +1.64 (3.76%)

Valuation

Market cap
180,982,000,000
Revenue TTM
$138,191,000,000
Net income TTM
$17,174,000,000
PE ratio
9.13
Forward PE
8.85
Profit margin
12.43%
Debt to equity
1.57

Trading

Volume
28,917,500
Avg volume
22,418,424
Day's range
$43.78 – $45.29
Shares out
4,154,775,000
Stochastic %K
90%
Beta
0.26
Analysts
Sell
Price target
$51.16

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

FiatFarmer Oct 23, 11:18 AM
$T $VZ $TMUS $SPCX Seize these dips. The Iran war is going to continue, that’s why that 10yr yield is going down. There’s potential for a rate hike this month and December is being treated like a fore gone conclusion. $T yield is approaching 5% and they just had a stellar forecast and gave excellent guidance. Money is going to flee out of tech and semis into value and defense, it’s already happening just go look at consumer staples and defensive and healthcare. Elon is a master of narrative and he now has practically a Swiss Army knife of companies he can pump when the other aspects of the businesses are getting beat down. This news after TSLSA and SPCX start to crater just like broader tech staunches the bleeding and shifts focus but its effects are ephemeral. It’ll be years before anything meaningfully can be achieved and that dovetails perfect for Elon so he can tout something else while his FSD and Optimus robots flounder and fail to meet next year deadlines.
0 replies
StockDark Oct 23, 10:56 AM
$VZ Go Elon! 42$ by EOD and 39$ after earnings.
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wenmoon_stonks Oct 23, 10:53 AM
$VZ I believe the company will beat earnings again, and keep up a good year. The investment thesis has changed for me unfortunately. With Elonk lurking around the corner, there is a significant long-term threat. He's a disruptor and he and his team, like him or not, moves fast and with results. When mobile is up and running he may take a percentage of legacy customers. That will hang over this stock and with high debt/capital costs affect profitability. Vz may have to adjust pricing also affecting profitability. SpaceX can bypass cell towers, fundamentally changing cell service. Sadly, this was one of my favorite and core positions, but the cloud will continue to weigh this down. I have to take the Elonk threat seriously, he's signaled where he's going. With him being buddies with DT, I believe his deal will be approved and he also gets federal funding. That's a Goliath. Glta
1 replies
FiatFarmer Oct 23, 10:43 AM
$T $VZ $TMUS $SPCX Heres the game. Now if you are smart you can play it how they do.
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amberajax2point0 Oct 23, 5:44 AM
$ASTS $T $TMUS $VZ there is nothing the telcos can do, throwing money at ast does zip to fix launch. ast is going bankrupt.
0 replies
3snails Oct 23, 5:36 AM
$ASTS if Verizon, AT&T and T-Mobile do not recognize that now is the moment to throw money at ASTS to help boosting up cadence to get sats up asap to roll out their non-terrestrial network and use all their lobbying powers at the FCC to obtain/secure spectrum then they are going to lose billions on revenues in a couple of years. And more importantly, they need to start telling the public on this strategic decisions openly with the help of ASTS. Now they can compete with Starlink before it is up and running, few years from now Starlink is active and it will be too late. $TMUS $T $VZ mgmt This is your make or break moment… not next year… NOW
0 replies
KryptonResearch14 Oct 23, 5:03 AM
$CCI Bloomberg says SpaceX is in talks for access to at least 80,000 U.S. cell sites, and Crown Castle is one of the names approached. The stock jumped 9% after hours. Put the ask against the supply: CCI owns roughly 40,000 U.S. towers, American Tower about 42,000. SpaceX is asking for both networks combined, basically, and there were only about 158,500 purpose-built towers in the whole U.S. last year. Nothing signed yet. Bloomberg pegged the potential deals in the billions, and the carriers took the other side after hours, $T $VZ $TMUS down 4 to 5%.
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DefenseMania Oct 23, 4:12 AM
$T Elon could save billions by just acquiring $ATT.X $SPCX $VZ
0 replies