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.
Verizon Communications Inc. (NYSE:VZ ) Morgan Stanley Technology, Media & Telecom Conference March 4, 2025 11:30 AM ET Company Participants Tony Skiadas – Chief Financial Officer Conference Call Participants Ben Swinburne – Morgan Stanley Ben Swinburne All right. Good morning.
Since my last writing, Verizon has reported strong Q4 earnings. But its stock price advanced even more, resulting in a P/E expansion to 9.09x (from 8.5x at the time of my last writing). A reexamination of the stock shows that the current valuation is still attractive, with a risk premium at a multi-year low.
A growing number of U.S. lawmakers are raising questions about the potential for SpaceX CEO Elon Musk to interfere or take over a $2.4 billion Federal Aviation Administration telecommunications contract with rival Verizon.
At the Barclays Communications and Content Symposium on February 25, 2025, Verizon Communications (VZ 0.21%) Executive VP Joseph Russo discussed the company's network strategy and infrastructure development. Here are three things of note for investors.
The U.S. Federal Aviation Administration is close to canceling a $2.4 billion contract awarded to Verizon to overhaul a communications system, and awarding the work to Elon Musk's Starlink, the Washington Post reported on Wednesday.
VZ is collaborating with ASTS to develop the fastest satellite-to-device network that efficiently supports text, voice and video applications.
Verizon Communications Inc. (NYSE:VZ ) Barclays Communications & Content Symposium February 25, 2024 9:15 AM ET Company Participants Joe Russo - EVP & President, GN&T Conference Call Participants Kannan Venkateshwar - Barclays Operator Kannan Venkateshwar All right, get started on the next one. We're really glad to have with us Joe Russo, who Heads Global Networks of Verizon.
Recently, Zacks.com users have been paying close attention to Verizon (VZ). This makes it worthwhile to examine what the stock has in store.
VZ appears to be treading in the middle of the road and investors could be better off if they trade with caution.
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.
Verizon, part of Rose's Income Garden Portfolio, offers a 6.75% yield, making it a strong income stock with reliable dividends and fair valuation. Verizon's extensive fiber network and recent acquisitions position it well for future growth, despite lagging in 5G and facing potential debt issues. The company has a solid dividend history, paying rising dividends for 20 years, with a current payout ratio of 58.22% and a BBB+ credit rating.