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Verizon Communications Inc.

VZ

Latest Trade

56.20USD

Change

0.42(+0.75%)

Volume

15,225,787

Today's Range

55.48

 - 

56.34

52 Week Range

53.83

 - 

61.95

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

Pricing

Previous Close
55.78
Open
55.67
Volume
15,225,787
3M AVG Volume
342.56
Today's High
56.34
Today's Low
55.48
52 Week High
61.95
52 Week Low
53.83
Shares Out (MIL)
4,140.00
Market Cap (MIL)
230,933.00
Forward P/E
10.50
Dividend (Yield %)
4.50

Next Event

Q3 2021 Verizon Communications Inc. Earnings Release

Latest Developments

More

Verizon Reports Q2 Adj Earnings Per Share of $1.37 Excluding Items

Verizon Told Federal Regulators It Would Keep Supporting Low-Cost Wireless Service For Three Years If It Is Allowed To Buy Tracfone - WSJ

U.S. Department Of Defense Awards Verizon $495M Contract To Manage Research Network

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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 (U.S.) under the Verizon brand. Its wireline services are provided in nine states in the Mid-Atlantic and Northeastern U.S., as well as Washington D.C., over its fiber-optic network under the Fios brand and over a traditional copper-based network. Its Business segment provides wireless and wireline communications services and products, including data, video and conferencing services, security and managed network services, local and long-distance voice services and network access to deliver various Internet of Things 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

2.74 mean rating - 31 analysts
Sell
Hold
Buy
Revenue (MM, USD)

2018

130.9K

2019

131.9K

2020

128.3K

2021(E)

135.3K
EPS (USD)

2018

4.710

2019

4.810

2020

4.900

2021(E)

5.311
Price To Earnings (TTM)
11.56
Price To Sales (TTM)
1.74
Price To Book (MRQ)
3.13
Price To Cash Flow (TTM)
6.22
Total Debt To Equity (MRQ)
206.17
LT Debt To Equity (MRQ)
196.64
Return on Investment (TTM)
7.33
Return on Equity (TTM)
6.40

Latest News

Latest News

Five U.S. senators want to ensure Verizon TracFone deal does not raise prices

Five Democratic U.S. senators on Wednesday urged the Federal Communications Commission (FCC) ensure Verizon's proposed $6.9 billion acquisition of pre-paid mobile phones provider TracFone does not raise prices or impact government programs to provide access to mobile phones...

Five U.S. senators want to ensure Verizon TracFone deal does not raise prices

Five Democratic U.S. senators on Wednesday urged the Federal Communications Commission ensure Verizon's proposed $6.9 billion acquisition of TracFone does not raise prices or impact government programs to provide access to mobile phones for low-income Americans.

Verizon results beat estimates as 5G push attracts more customers

Verizon Communications Inc on Wednesday beat estimates for quarterly results, as higher demand for 5G-related services and devices helped the wireless carrier add more subscribers at a brisk pace.

Verizon beats postpaid phone subscriber estimate

Verizon Communications Inc said on Wednesday it added more monthly bill-paying phone subscribers than expected during the second quarter, helped by higher demand for 5G-related services and devices as the economy reopens.

Verizon to make Google's Messages default app on Android devices from 2022

Verizon Communications will make Google's Messages the default messaging app on all Android devices it sells starting next year, the U.S. wireless carrier said on Tuesday.

Ericsson strikes $8.3 billion 5G deal with Verizon

Swedish telecoms gear maker Ericsson said on Friday it struck an $8.3 billion deal with Verizon Communications Inc to accelerate the deployment of 5G network in the United States.

Verizon Business signs 5G contactless payment deal with Mastercard

Verizon Business on Tuesday signed a deal with Mastercard Inc to use 5G and wireless technology for contactless payments and provide an autonomous checkout service for retail stores.

Huawei, Verizon agree to settle patent lawsuits

Chinese telecommunications company Huawei Technologies Co Ltd and U.S. group Verizon Communications agreed to settle a pair of lawsuits alleging patent infringement, the companies both said on Monday.

Huawei, Verizon agree to settle patent lawsuits -- sources

Chinese telecommunications equipment maker Huawei Technologies Co Ltd and Verizon Communications have agreed to settle a pair of lawsuits alleging patent infringement, sources told Reuters.

Huawei lawsuit against Verizon heads to trial in Texas

A lawsuit filed by Chinese telecommunications equipment maker Huawei Technologies Co Ltd against Verizon Communications alleging patent infringement is set to begin jury selection on Wednesday.

Veon to strive for deeper 4G coverage, no current 5G plans

Veon wants to focus on 4G deployment for the next three years before rolling out 5G, its chief executive said on Wednesday, a strategy in stark contrast to the bleeding edge aspirations of other telecom operators gathered at the Mobile World Congress.

Verizon shows off 5G-connected robots at Barcelona conference

(Corrects executive name to Qureshi from Qureishi throughout)

Week Ahead in Intellectual Property: June 28, 2021

Here are some upcoming events of interest to the intellectual property law community. Unless otherwise noted, all times are local, and court appearances are virtual due to the COVID-19 pandemic.

Software startup Sprinklr shares fall in NYSE debut, valued at $3.7 billion

Shares of Sprinklr Inc, which counts Microsoft Corp and Verizon Communications Inc as customers, fell nearly 9% in their U.S. stock market debut on Wednesday, valuing the software startup at about $3.7 billion.

Verizon to offload Yahoo, AOL for $5 billion

Verizon Communications Inc is getting rid of its media businesses that include iconic brands Yahoo and AOL for $5 billion, ending an expensive and unsuccessful run in the media and advertising world.

Kirkland, Paul, Weiss and Freshfields land roles as Apollo scoops up Verizon media assets

Kirkland & Ellis and Freshfields Bruckhaus Deringer are starting the week with yet another big deal under their belts, advising Verizon Communications on its $5 billion sale of Yahoo! and AOL to Apollo Global Management, which is being advised by its longtime counsel at...

Apollo nears deal to buy Verizon's media assets: source

Apollo Global Management Inc is close to buying the media assets of Verizon Communications Inc in a deal that could be valued close to $5 billion, a source familiar with the matter told Reuters.

Verizon explores sale of media assets, including Yahoo and AOL - WSJ

Verizon Communications Inc is exploring a sale of its media assets, including Yahoo and AOL, the Wall Street Journal reported on Wednesday, citing people familiar with the matter.

Verizon loses more-than-expected wireless subscribers

Verizon Communications Inc said on Wednesday it lost more wireless subscribers than expected during the first quarter as it battled intense competition from T-Mobile US Inc and AT&T Inc to attract customers.

Verizon loses more-than-expected wireless subscribers

Verizon Communications Inc said on Wednesday it lost more wireless subscribers than expected during the first quarter as it faced intense competition from T-Mobile US Inc and AT&T Inc.

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

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