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Verizon Communications Inc.

VZ.N

Latest Trade

57.54USD

Change

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Today's Range

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52 Week Range

48.85

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62.21

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

Pricing

Previous Close
57.54
Open
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Volume
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3M AVG Volume
335.31
Today's High
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Today's Low
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52 Week High
62.21
52 Week Low
48.85
Shares Out (MIL)
4,291.43
Market Cap (MIL)
246,929.10
Forward P/E
12.15
Dividend (Yield %)
4.28

Next Event

Verizon Communications Inc. at Cowen Communications Infrastructure Summit (Virtual)

Latest Developments

More

Verizon Communications Q2 Earnings Per Share $1.13

Verizon Media Enables Grocery Shopping From Email

Verizon Says Co, IBM Announced They Are Entering Into Collaboration To Work Together On 5g And Edge Computing Innovation

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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

2.57 mean rating - 28 analysts
Sell
Hold
Buy
Revenue (MM, USD)

2017

126.0K

2018

130.9K

2019

131.9K

2020(E)

128.1K
EPS (USD)

2017

3.740

2018

4.710

2019

4.810

2020(E)

4.775
Price To Earnings (TTM)
12.44
Price To Sales (TTM)
1.90
Price To Book (MRQ)
3.80
Price To Cash Flow (TTM)
6.82
Total Debt To Equity (MRQ)
179.98
LT Debt To Equity (MRQ)
169.37
Return on Investment (TTM)
7.93
Return on Equity (TTM)
6.83

Latest News

Latest News

Verizon beats estimates on lockdown boost to phone, internet services

Verizon Communications Inc <VZ.N> on Friday beat estimates for second-quarter profit and revenue on strong demand for its phone and internet services as coronavirus-induced lockdowns prompted a rapid shift to remote working and learning.

Verizon adds more-than-expected monthly phone subscribers in second quarter

Verizon Communications Inc added more phone subscribers who pay a monthly bill than analysts expected, as demand for its services picked up during stay-at-home orders.

India's Bharti Airtel, Verizon tie up on video-conferencing tool

Bharti Airtel Ltd <BRTI.NS> is partnering with Verizon Communications Inc's <VZ.N> BlueJeans to launch a business-focused video conferencing tool, the Indian wireless carrier said on Tuesday.

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.

BRIEF-Verizon Says CEO Hans Vestberg's FY 2019 Total Compensation Was $18.1 Mln

* VERIZON SAYS CEO HANS VESTBERG'S FY 2019 TOTAL COMPENSATION WAS $18.1 MILLION VERSUS $22.2 MILLION IN FY 2018 - SEC FILING

BRIEF-Verizon Says Will Waive Overage Charges And Late Fees To Support Customers Who May Be Financially Affected By Covid-19 Crisis

* VERIZON - WILL WAIVE OVERAGE CHARGES AND LATE FEES TO SUPPORT CUSTOMERS WHO MAY BE FINANCIALLY AFFECTED BY COVID-19 CRISIS

BRIEF-Verizon Says Not Able At This Time To Estimate Impact Of Covid-19 On Financial Or Operational Results

* VERIZON - NOT ABLE AT THIS TIME TO ESTIMATE IMPACT OF COVID-19 ON FINANCIAL OR OPERATIONAL RESULTS

BRIEF-Verizon Says Temporarily Closing Number Of Its Stores Across U.S. In Order To Expand Its Work From Home Policy

* VERIZON-TEMPORARILY CLOSING A NUMBER OF ITS STORES ACROSS U.S. IN ORDER TO EXPAND ITS WORK FROM HOME POLICY TO INCLUDE SOME OF ITS RETAIL EMPLOYEES Source text: https://vz.to/33j1ITm Further company coverage:

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.

BRIEF-Verizon Says Since Emergence Of Coronavirus, Co Has Not Seen Measurable Increase In Data Usage

* SINCE EMERGENCE OF CORONAVIRUS, CO HAS NOT SEEN A MEASURABLE INCREASE IN DATA USAGE

FCC adopts rules to auction spectrum for 5G, backs $9.7 billion 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.

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

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