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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.
Verizon Communications Inc (NYSE:VZ, ETR:BAC) announced a leadership change on Monday, appointing Dan Schulman, the former CEO of PayPal and current independent lead director of Verizon's board, as its new chief executive officer. Hans Vestberg, who has led Verizon since 2018, will remain with the company as a special advisor through October 4, 2026, to assist with the integration of Frontier Communications, a $20 billion acquisition expected to close in early 2026.
Verizon's stock price underperformance has been a boon for income oriented investors who are still looking to DRIP, attributed to its rich forward dividend yields. VZ's income investment thesis remains secure as well, as observed in the telecom's rich cash flows, efficient capital allocation, and well covered payouts. This is significantly aided by VZ's healthier balance sheet from the ongoing deleveraging, with these efforts likely to be adj EPS accretive moving forward.
The latest trading day saw Verizon Communications (VZ) settling at $43.95, representing a +1.62% change from its previous close.
Verizon shares have outperformed the S&P 500 YTD. Ahead of its Q3 earnings report, I expect continued upside on this 6%-plus dividend-yielding stock. Profit growth is steady, while VZ technicals appear mixed.
Verizon deploys advanced Wi-Fi at the St. Louis Blues' Enterprise Center, aiming to boost fan experience and offset Business segment softness.
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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.
VZ stock is up 9.5% YTD as it expands fiber, 5G, and new plans, but faces tough competition from AT&T and T-Mobile.
Verizon Communications Inc. (NYSE:VZ ) Bank of America 2025 Media, Communications & Entertainment Conference September 3, 2025 8:00 AM EDT Company Participants Sowmyanarayan Sampath - Executive VP & CEO of Verizon Consumer Group Conference Call Participants Michael Funk - BofA Securities, Research Division Presentation Michael Funk VP in Equity Research [Audio Gap] The telecom infrastructure, software analyst at BofA. Jessica and I welcome you to, I think it's a 32nd Annual BofA media telecom conference.
Thousands of Verizon customers nationwide reported service outages Saturday after the network experienced a “software issue” impacting wireless service for some users. “Our engineers are engaged and we are working quickly to identify and solve the issue,” Verizon said in a statement to CBS.