Verizon Communications Inc. (VZ)
Verizon: Strong Growth Ahead
Verizon's stock has outperformed the S&P 500 over the past quarter, with a 38.4% return, driven by strategic moves and a solid financial performance. The acquisition of Frontier Communications for $20 billion is expected to enhance Verizon's competitive position in the fiber broadband market. Verizon's Q2 FY2024 results showed growth in wireless service revenue, EBITDA, and free cash flow, despite increased interest expenses and modest revenue growth.
Verizon Stock: 5G Boom and Robust Dividend Yield at Play
Verizon's NYSE: VZ stock price is amid a technical reversal and will likely advance 45% or more. After years of sluggish growth and uncertainty driven by the pandemic, the 5G industry is set to boom in 2025.
Why Verizon Communications (VZ) Dipped More Than Broader Market Today
In the most recent trading session, Verizon Communications (VZ) closed at $43.88, indicating a -0.45% shift from the previous trading day.
Verizon Boosts 4G LTE and 5G Ultra Wideband Coverage in Savannah
VZ upgrades network infrastructure in parts of Savannah by delivering advanced 4G and 5G coverage as a part of a larger $112 million investment in Georgia.
Can You Hear Your Income Pouring In? - Verizon
I hate poor cell service. I love hearing my income pouring in. Verizon solves both problems simultaneously. Invest in boring income sources where others pay you without a second thought. Money can't buy happiness, but it can help reduce stress and provide more room for happiness.
Will Verizon's Restructuring Initiatives Impact Stock Performance?
VZ will record a significant severance charge in Q3 2024 as it is set to streamline operations through a voluntary separation program for U.S.-based management staff.
Verizon puts price tag on buyouts and says nearly 5,000 employees are leaving
Verizon Communications Inc. said Thursday it expects charges of up to $1.9 billion in its third quarter in connection with employee buyouts.
Verizon to take up to $1.9 billion severance charge in third quarter
Verizon on Thursday said it expects to record a severance charge in the range of $1.7 billion to $1.9 billion in the third quarter as a result of a previously announced voluntary separation program.
Verizon Communications (VZ) Rises Yet Lags Behind Market: Some Facts Worth Knowing
Verizon Communications (VZ) reachead $43.75 at the closing of the latest trading day, reflecting a +0.23% change compared to its last close.
Verizon Communications Inc. (VZ) Is a Trending Stock: Facts to Know Before Betting on It
Verizon (VZ) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Verizon Just Increased Its Dividend for the 18th Year in a Row. Will Its $20 Billion Acquisition Put That Streak in Jeopardy?
Verizon recently delivered its 18th consecutive annual dividend increase. The telecom giant has been able to continue growing its dividend due to its improved free cash flow and balance sheet.
Verizon: Another Harmful Dividend Hike
Verizon Communications Inc.'s focus on annual dividend hikes strains its balance sheet, adding $420 million in payouts over the lat two years. The $20 billion Frontier Communications acquisition increases Verizon's debt to $167 billion, with uncertain benefits and regulatory approval not expected until 2026. The market has signaled that blind dividend hikes are ineffective without growth or debt reduction, making Verizon a risky investment despite potential yield appeal.
