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Verizon Communications Inc.

VZ.N

Latest Trade

53.94USD

Change

-1.44(-2.60%)

Volume

4,601,405

Today's Range

53.76

 - 

54.64

52 Week Range

48.85

 - 

62.21

As of on the New York Stock Exchange ∙ Minimum 15 minute delay

Pricing

Previous Close
55.38
Open
54.50
Volume
4,601,405
3M AVG Volume
339.79
Today's High
54.64
Today's Low
53.76
52 Week High
62.21
52 Week Low
48.85
Shares Out (MIL)
4,138.00
Market Cap (MIL)
229,162.20
Forward P/E
11.60
Dividend (Yield %)
4.44

Next Event

Q2 2020 Verizon Communications Inc. Earnings Release

Latest Developments

More

Verizon Joins Amazon And Global Optimism In Signing Climate Pledge

Verizon Declares Quarterly Dividend

Verizon Moved Over 115,000 Of Co's 135,500 Employees To Remote Work Arrangements In Response To Covid-19

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About Verizon Communications Inc.

Verizon Communications Inc. is a holding company. The Company, through its subsidiaries, provides communications, information and entertainment products and services to consumers, businesses and governmental agencies. Its reportable segments are Verizon Consumer Group and Verizon Business Group. Its Consumer segment provides wireless and wireline communications services. Its wireless services are provided across wireless networks in the United States under the Verizon Wireless brand. Its wireline services are provided in nine states in the Mid-Atlantic and Northeastern United States, over its 100% fiber-optic network under the Fios brand and via traditional copper-based network. Its Business segment provides wireless and wireline communications services and products, video and data services, corporate networking solutions, security and managed network services, local and long-distance voice services and network access to deliver various Internet of Things (IoT) services and products.

Industry

Communications Services

Contact Info

1095 Avenue of the Americas

NEW YORK, NY

10036

United States

+1.212.3951000

https://www.verizon.com/

Executive Leadership

Hans Erik Vestberg

Chairman of the Board, Chief Executive Officer

Matthew D. Ellis

Chief Financial Officer, Executive Vice President

Christine Michael Pambianchi

Chief Human Resource Officer, Executive Vice President

Kyle Malady

Executive Vice President, Chief Technology Officer

Craig L. Silliman

Executive Vice President, Chief Administrative, Legal and Public Policy Officer

Key Stats

2.63 mean rating - 30 analysts
Sell
Hold
Buy
Revenue (MM, USD)

2017

126.0K

2018

130.9K

2019

131.9K

2020(E)

127.4K
EPS (USD)

2017

3.740

2018

4.710

2019

4.810

2020(E)

4.749
Price To Earnings (TTM)
12.47
Price To Sales (TTM)
1.74
Price To Book (MRQ)
3.81
Price To Cash Flow (TTM)
6.45
Total Debt To Equity (MRQ)
195.54
LT Debt To Equity (MRQ)
176.98
Return on Investment (TTM)
7.63
Return on Equity (TTM)
6.54

Latest News

Latest News

Verizon suspends advertising on Facebook, joins growing boycott

Verizon Communications Inc said on Thursday it was pausing advertising on Facebook Inc in July, in support of a campaign that called out the social media giant for not doing enough to stop hate speech on its platforms.

Verizon suspends advertising on Facebook

Verizon Communications Inc said on Thursday it was pausing advertising on Facebook Inc following wide spread support for a campaign that called out the social media giant for not doing enough to stop hate speech on its platforms.

HBO Max announces more launch partners; no deals yet with Amazon, Comcast, Roku

HBO Max, the forthcoming streaming service from AT&T Inc-owned WarnerMedia, announced on Wednesday several new partners will carry its content, but it has not yet announced deals with Comcast Corp, Amazon.com Inc or Roku Inc.

Verizon will not cancel customers through June 30 because of coronavirus

Verizon Communications Inc , the largest U.S. wireless carrier, said Monday it will extend a commitment through June 30 not to cancel service or charge late fees to customers because of the coronavirus pandemic.

Verizon pulls 2020 revenue view as it loses wireless subscribers

Verizon Communications Inc <VZ.N> withdrew its full-year revenue outlook on Friday as it lost 68,000 phone subscribers who pay a monthly bill in the first quarter amid lockdowns due to coronavirus outbreak that closed 70% of its stores.

Verizon loses 68,000 wireless subscribers as coronavirus takes toll

Verizon Communications Inc lost 68,000 phone subscribers who pay a monthly bill in the first quarter, as people stayed indoors due to lockdowns to halt the spread of the coronavirus.

Verizon snaps up Zoom rival BlueJeans for less than $500 million

Verizon Communications Inc on Thursday agreed to buy BlueJeans Network Inc, a rival of Zoom Video Communications Inc, for less than $500 million as it looks to tap into the new-found popularity of video-conferencing apps.

Verizon to buy video-conferencing company Blue Jeans Network

Verizon Communications Inc on Thursday agreed to buy video-conferencing company Blue Jeans Network Inc, a rival of Zoom Video Communications Inc, for an undisclosed price.

TomTom sees negative 2020 cash flow after virus hits first-quarter sales

Dutch navigation and digital mapping company TomTom <TOM2.AS> said on Wednesday it expected a negative free cash flow this year and lower revenues from its automotive and consumer businesses because of the coronavirus pandemic.

Breakingviews - The Exchange: Verizon’s HR chief

Christy Pambianchi oversees the well-being of more than 100,000 people. She explains how Verizon quickly rewrote the rule book to address the coronavirus outbreak from getting people set up at home to ensuring the safety of field employees providing critical infrastructure.

Verizon raises 2020 capital expenditure in 5G push

Verizon Communications Inc on Thursday raised its full-year capital expenditure as it accelerates its transition to 5G network.

UPDATE 1-FCC adopts rules to auction spectrum for 5G, backs $9.7 bln in satellite payments

The Federal Communications Commission (FCC) voted 3-2 on Friday to adopt rules to auction a key band spectrum for wireless use that includes up to $9.7 billion in potential incentive payments to satellite companies.

Big tech cos pull out of San Francisco conferences on coronavirus concerns

Verizon Communications Inc <VZ.N> has pulled out of the RSA cyber security conference due to coronavirus-related concerns, the organizer said https://www.rsaconference.com/novel-coronavirus-update on Friday.

Verizon withdraws from RSA conference on coronavirus concerns

Verizon Communications Inc has pulled out of the RSA cyber security conference due to coronavirus-related concerns, the organizer said https://www.rsaconference.com/novel-coronavirus-update on Friday.

Merged T-Mobile U.S. to close valuation gap on Big Two: Deutsche Telekom CEO

The merger between T-Mobile US <TMUS.O> and Sprint <S.N> is within reach, the head of its main owner Deutsche Telekom said, forecasting that the combined business would quickly close a valuation gap on market leaders AT&T <T.N> and Verizon <VZ.N>.

Merged T-Mobile US to close valuation gap on Big Two - Deutsche Telekom CEO

The merger between T-Mobile US <TMUS.O> and Sprint <S.N> is within reach, the head of its main owner Deutsche Telekom said, forecasting that the combined business would quickly close a valuation gap on market leaders AT&T <T.N> and Verizon <VZ.N>.

Merged T-Mobile US to close valuation gap on Big Two - Deutsche Telekom CEO

The merger between T-Mobile US and Sprint is within reach, the head of its main owner Deutsche Telekom said, forecasting that the combined business would quickly close a valuation gap on market leaders AT&T and Verizon.

Huawei sues Verizon over patents; Verizon blasts 'PR stunt'

China's biggest telecommunications equipment maker will square off in court against the No. 1 U.S. wireless carrier over whether Verizon Communications Inc should pay Huawei Technologies Co Ltd for patent infringement.

U.S., allies should consider Nokia, Ericsson investments to counter Huawei -Barr

U.S. Attorney General William Barr on Thursday stressed the threat posed by Huawei Technologies and said the United States and its allies should consider investing in Finland's Nokia <NOKIA.HE> and Sweden's Ericsson <ERICb.ST> to counter the Chinese company's dominance in...

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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