Verizon Communications Inc.
(VZ)
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40.06 USD +0.14
Closed: 17 May, 3:55 pm
Symbol VZ
Market Cap 168.6B
Price 40.06
Open 40.39
52-wk High 43.42
50 Day Avg 40.28
Earnings Announcement 2024-07-22
Website https://www.verizon.com
Name Verizon Communications Inc.
Shares Outstanding 4,209,260,000
Change % -0.472%
Low 39.83
52-wk Low 30.14
200 Day Avg 37.31
Last Dividend 2.66
Exchange NYSE
Volume 11,418,819
Previous Close 40.25
High 40.41
EPS 2.67
PE 15.00
Avg Volume 18,134,883
CUSIP 92343V104
Verizon Communications Inc. Outlook
Description Verizon Communications Inc., through its subsidiaries, offers communications, technology, information, and entertainment products and services to consumers, businesses, and governmental entities worldwide. Its Consumer segment provides postpaid and prepaid service plans; internet access on notebook computers and tablets; wireless equipment, including smartphones and other handsets; and wireless-enabled internet devices, such as tablets, and other wireless-enabled connected devices comprising smart watches. It also provides residential fixed connectivity solutions, such as internet, video, and voice services; and sells network access to mobile virtual network operators. As of December 31, 2021, it had approximately 115 million wireless retail connections, 7 million wireline broadband connections, and 4 million Fios video connections. The company's Business segment provides network connectivity products, including private networking, private cloud connectivity, virtual and software defined networking, and internet access services; and internet protocol-based voice and video services, unified communications and collaboration tools, and customer contact center solutions. This segment also offers a suite of management and data security services; domestic and global voice and data solutions, such as voice calling, messaging services, conferencing, contact center solutions, and private line and data access networks; customer premises equipment; installation, maintenance, and site services; and Internet of Things products and services. As of December 31, 2021, it had approximately 27 million wireless retail postpaid connections and 477 thousand wireline broadband connections. The company was formerly known as Bell Atlantic Corporation and changed its name to Verizon Communications Inc. in June 2000. Verizon Communications Inc. was incorporated in 1983 and is headquartered in New York, New York.
Currency USD
ISIN US92343V1044
Industry Telecommunications Services
Changes -0.19
CUSIP 92343V104
Range 30.14 - 43.42
Beta 0.41
CIK 0000732712

Verizon Communications Inc. News

18-May-2024 4:03 AM

Should You Buy the 3 Highest-Paying Dividend Stocks in the Dow Jones?

Dow is a chemicals company with a 4.7% dividend yield. Verizon is a telecom giant with a 6.5% yield.

17-May-2024 6:30 PM

Verizon supports Texas and Louisiana communities affected by recent storms

Call/Text/Data usage incurred by customers from May 17-23 will be waived for those impacted by recent storms Call/Text/Data usage incurred by customers from May 17-23 will be waived for those impacted by recent storms

17-May-2024 2:00 PM

Verizon to speak at J.P. Morgan conference May 21

NEW YORK, May 17, 2024 (GLOBE NEWSWIRE) -- Hans Vestberg, Chairman and CEO of Verizon (NYSE, Nasdaq: VZ), is scheduled to speak at the J.P. Morgan Global Technology, Media and Communications Conference on Tuesday, May 21, at 8:50 a.m. ET. His remarks will be webcast, with access instructions available on Verizon's Investor Relations website, www.verizon.com/about/investors .

16-May-2024 7:00 AM

3 High-Yield Dividend Stocks to Secure Your Financial Future

Investigating high-yield dividend stocks is a common step in building a financial portfolio that seeks stability and growth. Three firms offer a good chance to protect one's financial future.

15-May-2024 3:08 PM

7 Dividend Stocks to Buy as the Fed Mulls Rate Cuts

For quite some time, the concept of dividend stocks to buy encountered a huge obstacle: the consistently robust and outperforming monthly jobs report. However, the latest employment picture for April finally showed a slowdown, which may give the Federal Reserve the cover that it needs.

15-May-2024 10:45 AM

Verizon (VZ) Enhances Customer Service With GenAI Integration

Verizon's (VZ) investment in GenAI is driving operational efficiencies and fostering stronger customer loyalty, positioning it for sustained growth in a competitive market.

15-May-2024 9:50 AM

These 2 Computer and Technology Stocks Could Beat Earnings: Why They Should Be on Your Radar

Finding stocks expected to beat quarterly earnings estimates becomes an easier task with our Zacks Earnings ESP.

14-May-2024 7:48 PM

Verizon Expects to Double Network Thanks to AI Demand

Verizon Communications is reportedly placing a significant bet on artificial intelligence (AI) as its next major growth driver. The company, which is the largest retail wireless carrier in the United States, believes in the potential of AI to double its network over the next five years, Verizon Consumer CEO Sowmyanarayan Sampath told Bloomberg in an interview posted Tuesday (May 14).

14-May-2024 7:48 PM

Verizon Expects to Double Network Thanks to AI Demand

Verizon Communications is reportedly placing a significant bet on artificial intelligence (AI) as its next major growth driver. The company, which is the largest retail wireless carrier in the United States, believes in the potential of AI to double its network over the next five years, Verizon Consumer CEO Sowmyanarayan Sampath told Bloomberg in an interview posted Tuesday (May 14).

14-May-2024 12:30 PM

Verizon unveils new AI tools to transform customer experience

New human-assisted GenAI technology offers more transparency, saves time and simplifies tasks for employees helping customers New human-assisted GenAI technology offers more transparency, saves time and simplifies tasks for employees helping customers

13-May-2024 4:30 PM

3 Cheap 5G Stocks to Buy Now: May 2024

Investors may want to pay close attention to the 5G Internet of Things (IoT) market. That's because, by 2030 it could be worth about $285.28 billion, according to Allied Market Research , up from about $1.45 billion in 2020.