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Verizon Communications Inc.

VZ.N

Latest Trade

59.93USD

Change

0.10(+0.17%)

Volume

3,312,401

Today's Range

59.89

 - 

60.37

52 Week Range

52.28

 - 

61.58

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

Pricing

Previous Close
59.83
Open
60.00
Volume
3,312,401
3M AVG Volume
253.18
Today's High
60.37
Today's Low
59.89
52 Week High
61.58
52 Week Low
52.28
Shares Out (MIL)
4,135.76
Market Cap (MIL)
247,856.40
Forward P/E
12.48
Dividend (Yield %)
4.10

Next Event

Q3 2019 Verizon Communications Inc Earnings Call

Latest Developments

More

Verizon says Declared Qtrly Dividend Of 61.50 Cents/Share

Verizon Files For Potential Mixed Shelf Offering - SEC Filing

Verizon Will Begin Auto-Enrolling Eligible Customers In Co's Free Call Filter Service

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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 segments include Wireless and Wireline. The Wireless segment offers communications products and services, including wireless voice and data services and equipment sales, to consumer, business and government customers across the United States. The Wireline segment offers voice, data and video communications products and services, such as broadband video, data center and cloud services, security and managed network services, and local and long distance voice services. The Company has combined Yahoo! Inc.’s operating assets with its existing AOL Inc. business to create a new subsidiary, Oath Inc., owns a diverse house of more than 50 media and technology brands. The Oath portfolio includes HuffPost, Yahoo Sports, AOL.com, MAKERS, Tumblr, Yahoo Finance and Yahoo Mail.

Industry

Communications Services

Contact Info

1095 Avenue of the Americas

+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

Ronan Dunne

Executive Vice President and President of Verizon’s Consumer Group

K. Guru Gowrappan

Executive Vice President and CEO of Verizon’s Media Group

Rima Qureshi

Executive Vice President, Chief Strategy Officer

Key Stats

2.48 mean rating - 27 analysts
Sell
Hold
Buy
Revenue (MM, USD)

2016

126.0K

2017

126.0K

2018

130.9K

2019(E)

131.3K
EPS (USD)

2016

3.870

2017

3.740

2018

4.710

2019(E)

4.804
Price To Earnings (TTM)
15.66
Price To Sales (TTM)
1.89
Price To Book (MRQ)
4.38
Price To Cash Flow (TTM)
7.39
Total Debt To Equity (MRQ)
200.37
LT Debt To Equity (MRQ)
184.86
Return on Investment (TTM)
6.92
Return on Equity (TTM)
5.99

Latest News

Latest News

Verizon to sell Tumblr to WordPress owner

Verizon Communications Inc <VZ.N> said on Monday it would sell its blogging website Tumblr to Automattic Inc, the owner of popular online-publishing tool WordPress.com.

Verizon beats profit estimates as monthly phone subscribers jump

Verizon Communications Inc on Thursday beat second-quarter profit estimates as the U.S. mobile carrier added more monthly phone subscribers than expected and stepped up efforts to deploy the next-generation 5G network nationwide.

CORRECTED-UPDATE 1-Verizon beats profit estimates as monthly phone subscribers jump

Verizon Communications Inc on Thursday beat second-quarter profit estimates as the largest U.S. mobile carrier added far more net new phone subscribers who pay a monthly bill than expected.

Verizon adds more-than-expected quarterly phone subscribers

Verizon Communications Inc on Thursday beat second-quarter consensus estimates for additions of net new phone subscribers who pay a monthly bill, as it prepared for a wider rollout of 5G services in the United States.

Exclusive: Verizon sought buyers for Yahoo Finance - sources

Verizon Communications Inc earlier this year looked for buyers for Yahoo Finance, one of the most popular internet destinations for financial news and portfolio management tools, three people familiar with the matter told Reuters this week.

Huawei shrugs off Verizon patent talks as 'common' business

Huawei pegged its patent talks with U.S. carrier Verizon <VZ.N> as "common" business activity and said such negotiations should not be politicized, days after a senator filed legislation to prevent the Chinese firm from seeking damages in U.S. courts.

Explainer: Why is Huawei seeking $1 billion patent deal with Verizon?

Huawei is demanding Verizon Communications Inc pay $1 billion to license the rights to patented technology, signaling a potential shift in the embattled Chinese company's strategy for the U.S. market.

Huawei asks Verizon to pay over $1 billion for over 230 patents: source

Huawei Technologies Co Ltd has told Verizon Communications Inc that the U.S. carrier should pay licensing fees for more than 230 of the Chinese telecoms equipment maker's patents and in aggregate is seeking more than $1 billion, a person briefed on the matter said on Wednesday...

Verizon looking to sell Tumblr: WSJ

Verizon Communications Inc is seeking a buyer for its blogging website Tumblr, the Wall Street Journal reported on Thursday, citing people familiar with the matter.

Verizon opens pre-orders for Samsung 5G phone, adds 20 more cities

Verizon Communications Inc started taking preorders for Samsung's first 5G smartphone in the United States on Thursday, and said it would launch the high-speed wireless service in 20 more cities after Chicago and Minneapolis.

Verizon raises profit forecast, loses more phone subscribers

Verizon Communications Inc on Tuesday raised its 2019 profit forecast and beat Wall Street estimates for quarterly profit as it focuses on cost cuts, but the U.S. wireless carrier lost more phone subscribers than analysts had expected.

Verizon beats quarterly profit estimates

Verizon Communications Inc on Tuesday reported a better-than-expected quarterly profit as the largest U.S. wireless carrier prepares for a wider 5G rollout across the United States.

Verizon launches 5G in Chicago, Minneapolis at $10 extra cost

Verizon Communications Inc beat rivals AT&T and Sprint in the race to launch the first fifth generation mobile services in two cities in the United States at an additional cost of $10 for customers with existing unlimited plans.

Verizon to start 5G mobile service in 2 U.S. cities from April

Verizon Communications Inc said on Wednesday its customers in Chicago and Minneapolis would be able to use its fifth generation wireless network from April 11 by paying $10 per month with any of its unlimited mobile plans.

XPO to close Verizon-contracted warehouse in Memphis

XPO Logistics Inc on Thursday said it will close a Verizon-contracted distribution center in Memphis that was the subject of a New York Times investigation into pregnancy discrimination against female workers.

Verizon sees no increase in 2019 profit, misses fourth quarter revenue estimate

Verizon Communications Inc on Tuesday said it does not expect profit growth in 2019 due to a higher tax rate and interest expense, and missed Wall Street estimates for fourth quarter revenue.

Verizon quarterly profit beats estimates

Verizon Communications Inc beat Wall Street estimates for quarterly profit on Tuesday, as the largest U.S. mobile carrier added more net new subscribers who pay a monthly bill.

Verizon cuts 7 percent of jobs in media unit

Verizon Communications Inc is cutting about 7 percent, or about 800 jobs, at its media unit, it said on Wednesday.

Verizon deepens ties with Apple, offers free Apple Music to some U.S. customers

Verizon Communications Inc <VZ.N> said on Tuesday it will include free Apple Music subscriptions in some of its top-tier U.S. data plans, deepening its ties with the iPhone maker.

Verizon adds more phone subscribers than expected in fourth quarter

Verizon Communications Inc on Tuesday beat Wall Street estimates for net new phone subscribers who pay a monthly bill, adding 650,000 customers in the fourth quarter.

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

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