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Verizon Communications Inc.

VZ.N

Latest Trade

61.74USD

Change

0.38(+0.62%)

Volume

3,204,744

Today's Range

61.04

 - 

61.83

52 Week Range

48.85

 - 

62.21

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

Pricing

Previous Close
61.36
Open
61.04
Volume
3,204,744
3M AVG Volume
315.22
Today's High
61.83
Today's Low
61.04
52 Week High
62.21
52 Week Low
48.85
Shares Out (MIL)
4,138.09
Market Cap (MIL)
253,913.50
Forward P/E
12.65
Dividend (Yield %)
4.09

Next Event

Verizon Communications Inc. at UBS Global TMT Conference (Virtual)

Latest Developments

More

Discovery Inc Partners With Verizon To Distribute New ‘Discovery+’ Streaming Service In U.S.

Verizon Media And BuzzFeed Announce New Strategic Partnership Across Content And Advertising

Apple, Verizon To Introduce 'Verizon 5G Fleet Swap'

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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

2.48 mean rating - 29 analysts
Sell
Hold
Buy
Revenue (MM, USD)

2017

126.0K

2018

130.9K

2019

131.9K

2020(E)

128.3K
EPS (USD)

2017

3.740

2018

4.710

2019

4.810

2020(E)

4.850
Price To Earnings (TTM)
13.88
Price To Sales (TTM)
1.98
Price To Book (MRQ)
3.90
Price To Cash Flow (TTM)
7.16
Total Debt To Equity (MRQ)
177.60
LT Debt To Equity (MRQ)
168.73
Return on Investment (TTM)
7.48
Return on Equity (TTM)
6.48

Latest News

Latest News

Discovery partners with Verizon to distribute new streaming service

Discovery Inc. is launching a new streaming service, called discovery+, and has a U.S. distribution deal with Verizon Communications Inc that will make the service available to 50 million customers on day one, following Disney's lead.

Verizon, Apple partner to swap out corporate-owned phones for 5G iPhones

Apple Inc <AAPL.O> and Verizon Communications <VZ.N> on Thursday announced a program in which Verizon will subsidize the replacement of corporate customers' entire fleet of smartphones with any of Apple's iPhone 12 models.

Verizon profit beats estimates on remote working boost

Verizon Communications Inc <VZ.N> beat estimates for third-quarter profit on Wednesday, helped by strong demand for its phone and internet services as offices and schools continued to operate virtually amid the COVID-19 pandemic.

Verizon adds more-than-expected monthly phone subscribers

Verizon Communications Inc on Wednesday added more monthly bill-paying phone subscribers than expected as people bought new connections to power work-from-home set-ups.

Verizon signs up Microsoft, Nokia to help clients build private 5G networks

Verizon said on Monday it has struck deals with Microsoft and Nokia to improve the telecoms giant's ability to target business customers by offering clients the ability to automate factory floors, lower costs and speed up data traffic through private 5G networks.

Verizon to buy pre-paid mobile service Tracfone in $6.25 billion deal

Verizon Communications Inc <VZ.N> said on Monday it will buy pre-paid mobile phones provider Tracfone, a unit of Mexican telecoms giant America Movil <AMXL.MX>, in a $6.25 billion cash and stock deal.

Verizon to buy wireless services provider Tracfone in $6.25 bln deal

Verizon Communications Inc said on Monday it would buy wireless services provider Tracfone, a unit of Mexican telecom America Movil, in a $6.25 billion cash and stock deal. (Reporting by Ayanti Bera in Bengaluru; Editing by Vinay Dwivedi)

Eleven U.S. senators urge internet providers to aid student online schooling

A group of 11 U.S. senators on Friday urged the chief executives of the seven largest U.S. internet providers to temporarily suspend data caps and fees for millions of U.S. school children studying remotely because of the coronavirus pandemic.

Samsung touts 'best salesman' Lee's role in $6.6 billion Verizon deal as trial looms

As Samsung Electronics' <005930.KS> leader Jay Y. Lee readies for a new trial next month, the tech giant has quietly ramped up a public relations campaign touting Lee's deal-making expertise including in winning a $6.6 billion contract from Verizon <VZ.N>.

India's Vodafone Idea says board has no proposal from Amazon, Verizon

Vodafone Idea said on Thursday its board had no investment proposal to consider from U.S. wireless carrier Verizon Communications Inc or Amazon.com Inc.

Verizon has $1.9 billion in winning bids in 3.5 GHz spectrum auction: FCC

The Federal Communications Commission (FCC) said a Verizon Communications Inc <VZ.N> unit won bids worth nearly $1.9 billion in an auction of a key spectrum block in the 3.5 GHz band.

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.

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

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