Verizon Communications VZ

$45.20 +1.64 (3.76%)

Valuation

Market cap
185,053,680,000
Revenue TTM
$138,191,000,000
Net income TTM
$17,174,000,000
PE ratio
9.05
Forward PE
8.77
Profit margin
12.43%
Debt to equity
1.57

Trading

Volume
28,310,770
Avg volume
22,082,484
Day's range
$43.78 – $45.29
Shares out
4,154,775,000
Stochastic %K
58%
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...

Show more

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

TopOptionAlert Oct 22, 7:33 PM
$VZ NOV20 47C · still actionable Zone: $44.84 to $45.48 Invalidation: close under $43.78 Objectives: $47.71, then $50 The math: up 5.6% to the first objective and 10.7% to the second, against 3.1% risk on the invalidation, better than 3 to 1 to the second Dear friend, this is a swing into earnings on Monday October 26, and today told a simple story. Verizon closed yesterday at $43.56 and pushed to $45.16 today, which means buyers were willing to pay up before that report instead of waiting on the sidelines. Think of it like a quiet stock suddenly getting a line at the door, not proof of what earnings will say, but a clear sign of where interest is leaning right now. The first objective is the 50 day average near $47.71, a level the stock has lived under while it based, so getting there would say this move has real follow through. P.S. Watch the $43.78 low from today. A close back under it says the earnings run lost its footing.
0 replies
rxnis Oct 22, 6:48 PM
$VZ lovely, easily 50+ by year end
1 replies
DynastyInvestments Oct 22, 4:40 PM
$VZ I been holding through all the noise and Q3 is finally almost here. The company has been transparent about the debt and they are generating enough cash to start servicing it. Thats the whole story
0 replies
steverizzone Oct 22, 3:12 PM
$VZ They are slashing overhead costs, I have a window into part of their biz. I think that will translate on Monday. Good luck.
1 replies
1hrinca Oct 22, 2:27 PM
$VZ In my opinion: - Elon is puffing about the potential for Starlink Mobile to compete with the 3 TelCos, but TelCo stocks will continue to whiplash every time he flaps his lips. - VZ dividend is safe. Looking forward to the 10/26 call. I hope the CEO addresses the supposed "threat" from Starlink Mobile.
1 replies
2Lmaker Oct 22, 1:36 PM 0 replies
TopOptionAlert Oct 22, 7:27 AM
$VZ NOV20 45C · still actionable Zone: $43.26 to $43.87 Invalidation: close under $43 Objectives: $45.10, then $46.50 The math: up 3.5% to the first objective and 6.7% to the second, against 1.3% risk on the invalidation, better than 5 to 1 to the second Dear friend, picture a sturdy old phone company that got knocked down yesterday because a neighbor reported first and the whole street got marked down. Verizon fell 2.2 percent to close at 43.56 dollars, but buyers held the 43 dollar low and lifted price off that floor during the day, and what that means is the selling was heavy but the floor still worked. This is a swing setup into its earnings on October 26, because a move back toward 45.10 dollars would show the sympathy drop is fading, and a close under 43 dollars would say we were wrong while the risk is still small. P.S. Watch 44.05 dollars first. It was the high on Wednesday, and a close over it would show buyers taking back ground, not just defending the low.
0 replies
sumasshu Oct 21, 9:27 PM
$ASTS and we get hammered with the telcos, but when the telcos were rebounding over the last few days we couldn’t hold our gains. $T $VZ $TMUS
0 replies