Verizon (VZ) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
The company also pays the highest dividend in the legacy index.
Falling interest rates will have a big impact on Verizon.
Verizon's dividend yield is well above average. The telecom company supports its high-yielding payout with a rock-solid financial profile.
24/7 Wall St. Insights If the market continues to drop, Verizon Communications Inc.
Verizon's free cash flow has increased during the first half of the year. The company remains on track to hit its guidance for 2024.
Verizon offers a big-time dividend. The telecom giant's payout is on an increasingly sustainable foundation.
Verizon (VZ) appears to be treading in the middle of the road and investors could be better off if they trade with caution.
Verizon Communications Inc. VZ, in association with Siyata Mobile Inc. SYTA, recently launched Siyata SD7 as part of the former's stocked handset portfolio. This state-of-the-art mission-critical push-to-talk device aims to elevate communication for first responders and enterprise clients across the United States by offering a robust, high-performance 'cellular radio' solution tailored to their needs.
Telecommunications giant Verizon Communications Inc. NYSE: VZ stock has been in a flat trading range for the past 4 months. Its shares are trading up just 6.34% year-to-date (YTD), severely underperforming the S&P 500 Index, which is up 14.54% YTD.
Verizon reports another weak quarter with meager growth, missing revenue targets, and facing challenges in generating revenue despite increased data usage. The company's lack of focus on AI and reduced capex spending has boosted free cash flows, but the lack of investment in growth opportunities raises concerns about future revenue growth. With a high dividend yield of 6.6% and potential rate cuts by the Fed, Verizon's stock may become more attractive to yield investors, but long-term growth prospects remain uncertain.
Investors responded badly to the telecom's second-quarter revenue miss. Still, Verizon met expectations on the bottom line and showed growth in several important aspects of its business.