In the most recent trading session, Verizon Communications (VZ) closed at $39.94, indicating a +0.03% shift from the previous trading day.
Verizon powers NORAD Tracks Santa Initiative for the 22nd consecutive year with its state-of-the-art solutions.
AT&T has outperformed Verizon Communications this year, but Verizon's current valuation makes it an attractive investment opportunity, earning it a solid 'buy' rating. Verizon's third-quarter revenue was flat year-over-year, with growth in consumer services offsetting declines in wireless equipment sales and business segment revenue. Despite a drop in profitability due to restructuring costs, Verizon's EBITDA showed a marginal increase, and its lower leverage compared to AT&T is a positive.
Verizon (VZ 0.21%) is often considered a stable income play because it's one of the top telecom companies in the U.S. and pays a hefty forward dividend yield of 6.4%. But over the past five years, its stock actually declined more than 30%.
VZ introduces the Enhanced Video Calling feature to ensure greater clarity during video communication and support various use cases.
In the latest trading session, Verizon Communications (VZ) closed at $41.99, marking a -0.73% move from the previous day.
Zacks.com users have recently been watching Verizon (VZ) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
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. (NYSE:VZ ) UBS Global Media and Communications Conference 2024 December 9, 2024 9:00 AM ET Company Participants Hans Vestberg - CEO and Chairman Conference Call Participants John Hodulik - UBS John Hodulik Okay, everyone, if everyone could please take their seats. We'll start with our first corporate speaker this morning.
Verizon stock has struggled since its September 2024 peak, although its valuation bifurcation has narrowed markedly. Verizon is in the process of closing its Frontier acquisition to bolster its fiber footprint, which is pivotal in its convergence strategy. VZ's forward dividend yield of more than 6% is attractive. Its commitment to maintaining its dividend is critical.
Telecommunications company Verizon Communications (VZ -0.42%) is the largest wireless carrier in the United States, with over 37% of the market. The company is also an outstanding dividend stock with a 6.2% dividend yield today and an ongoing streak of 18 consecutive annual dividend raises.
In the most recent trading session, Verizon Communications (VZ) closed at $42.55, indicating a +0.07% shift from the previous trading day.