Verizon's CEO wants his contemporaries to be open about artificial intelligence-related job losses. “It's a very difficult time, and everyone knows it is,” Dan Schulman said in an interview with The Wall Street Journal (WSJ) published Sunday (April 19).
U.S. Representative Jennifer McClellan has disclosed a partial sale of Verizon Communications (NYSE: VZ) stock at a time when the telecom giant had already staged a strong rally earlier in the year.
Earlier this year, Verizon reported its highest quarterly postpaid phone net additions since 2019. Management's guidance for 2026 points to accelerating free cash flow and a tighter operational focus.
Verizon's FIFA World Cup 2026 telecom sponsorship could showcase its 5G and fiber strengths, opening new revenue streams and boosting business prospects.
Verizon Communications remains a strong buy, positioned as an income-first vehicle with resilient cash flow and stable valuation at ~9x forward earnings. VZ's 2026 outlook is transitional, emphasizing cost savings (~$5B), lower capex (~$16-16.5B), and durable free cash flow growth (guided 7%). Dividend coverage is robust, with FCF supporting both payouts and buybacks ($3B in 2026, up to $25B over 3 years), while balance sheet risks stay contained.
Verizon demonstrates excellent capital allocation across efficient growth capex, accretive M&A, secure dividend payouts, and new $25B share repurchase authorization through 2028. This is on top of the management's focus on delivering renewed, profitable growth prospects over the next few years, as observed in the promising forward guidance. Despite the prior stock price breakout, VZ remains reasonably valued at a P/E of 9.25x while offering a richer dividend yield of 6.23% compared to its peers.
Verizon Communications (VZ) closed at $45.42 in the latest trading session, marking a -1.35% move from the prior day.
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 markets might be breathing a sigh of relief after the two-week U.S.-Iran ceasefire agreement, but that doesn't mean it's time to let our guards down, especially since things are off to a turbulent start following Israel's attack on Lebanon.
VZ rides fiber growth, Frontier deal and bundling push to drive gains, but rising costs, fierce telecom competition and heavy spending weigh on margins.
The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
In the closing of the recent trading day, Verizon Communications (VZ) stood at $48.62, denoting a -1.08% move from the preceding trading day.