Has Verizon stock ever split?
Where will Verizon stock be in 5 years?
Verizon stock price stood at $40.49
According to the latest long-term forecast, Verizon price will hit $45 by the middle of 2025 and then $50 by the end of 2026. Verizon will rise to $60 within the year of 2027, $65 in 2028, $70 in 2029, $75 in 2030, $80 in 2031, $85 in 2033, $90 in 2034 and $95 in 2035.
Is Verizon stock stable?
The telecom sector is showing potential with a bounce, and the company has been under pressure to reduce prices. Overall, the stock is seen as stable with an excellent dividend, though it may be facing challenges in terms of growth.
Who owns most of Verizon stock?
Largest shareholders include Vanguard Group Inc, BlackRock Inc., State Street Corp, VTSMX - Vanguard Total Stock Market Index Fund Investor Shares, VFINX - Vanguard 500 Index Fund Investor Shares, Charles Schwab Investment Management Inc, Geode Capital Management, Llc, Morgan Stanley, SCHD - Schwab U.S. Dividend Equity ...
What is the fair value of Verizon stock?
| Range | Upside | |
|---|---|---|
| Fair Value | 13.81 - 13.81 | -65.28% |
| P/E | 35.82 - 49.11 | 3.8% |
| EV/EBITDA | 21.25 - 70.34 | 15.8% |
| EPV | 46.5 - 76.91 | 55.1% |
Is Verizon stock a good buy right now?
Verizon has 5.79% upside potential, based on the analysts' average price target. Is VZ a Buy, Sell or Hold? Verizon has a conensus rating of Moderate Buy which is based on 9 buy ratings, 8 hold ratings and 1 sell ratings.
Is Verizon in debt?
Total debt on the balance sheet as of December 2023 : $174.94 B. According to Verizon's latest financial reports the company's total debt is $174.94 B. A company's total debt is the sum of all current and non-current debts.
Why is Verizon stock so cheap?
Verizon's stock is currently undervalued compared to its competitors, with a low forward P/E ratio. The company has seen a surge in postpaid phone subscribers and strong growth in broadband subscribers.
Is Verizon stock good long-term?
With its 4-star rating, we believe Verizon's stock is undervalued compared with our long-term fair value estimate of $54 per share, which equates to roughly 8 times our 2024 EBITDA forecast. That valuation also implies an 8.2% free cash flow yield based on the firm's performance in 2023.
Will Verizon go under?
The Probability of Bankruptcy of Verizon Communications Inc (VZ) is 22.2% . This number represents the probability that Verizon will face financial distress in the next 24 months given its current fundamentals and market conditions.
Did AT&T buy Verizon?
More than 1 million Verizon customers in 18 states now are AT&T subscribers, but their plans wont change for a while. AT&T Inc. has wrapped the acquisition of Verizon Wireless assets in a number of states, but Verizon customers plans and coverage will stay the same for about the next year.
Did T Mobile buy Verizon?
The carrier will pay its rival nearly $2.37 billion and give it spectrum worth $950 million for some valuable low-frequency bands to help build its LTE network.
Who did Verizon merge with?
Verizon Communications was created on June 30, 2000 by Bell Atlantic Corp. and GTE Corp., in one of the largest mergers in U.S. business history. GTE and Bell Atlantic evolved and grew through decades of mergers, acquisitions and divestitures.
Is Verizon a buy sell or hold?
The Verizon stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock.
What is Verizon stock profit margin?
Current and historical gross margin, operating margin and net profit margin for Verizon (VZ) over the last 10 years. Profit margin can be defined as the percentage of revenue that a company retains as income after the deduction of expenses. Verizon net profit margin as of December 31, 2023 is 8.67%.
What are the opinions on Verizon stock?
| Type | Verizon Communications | Computer and Technology Companies |
|---|---|---|
| Consensus Rating Score | 2.57 | 2.58 |
| Consensus Rating | Moderate Buy | Moderate Buy |
| Predicted Upside | 12.35% Upside | 117.10% Upside |
| News Sentiment Rating | Positive News | Positive News |
What is a better stock to buy AT&T or Verizon?
Verizon's superior FCF puts it in a stronger position than AT&T to continue reducing debt and maintain its dividend. Verizon's FCF increase is thanks in part to growth in its wireless-service sales, which hit $76.7 billion in 2023, a year-over-year increase of 3.2%.
Is AT&T better than Verizon stock?
AT&T currently trades at a price-to-earnings (P/E) ratio of just 6.2 and a dividend yield of 7.3%. Verizon goes for a P/E ratio of 7 and pays a dividend yield of 7.8%. Keep in mind that both stocks are significantly more expensive on an enterprise-value basis, which factors in debt.
Do Verizon employees get stock?
It is the largest broad-based option grant ever made in the telecommunications industry. This "Founders' Grant" will provide the company's eligible employees with options to purchase a total of 55 million shares of Verizon common stock.
Is Verizon in trouble?
Verizon Communications' odds of distress is under 36% at this time. It has slight probability of undergoing some form of financial hardship in the near future. Probability of bankruptcy shows the probability of financial torment over the next two years of operations under current economic and market conditions.
Can Verizon be trusted?
In the results of a survey by research firm Ponemon Institute and TRUSTe, the online privacy evaluator, Verizon is the highest-ranked communications company for being the most trustworthy and for doing the best job safeguarding personal information.
Is Verizon losing a lot of customers?
The firm noted Verizon lost 263,000 consumer postpaid phone customers – widely considered the most valuable type of mobile customer – in the first quarter of this year. The company then narrowed those losses to 136,000 in the second quarter of this year.
How safe is Verizon's dividend?
Verizon's dividend is safe
Because phone subscriptions are essential in today's digital society, Verizon's cash flows are steady. This allows the company to pay an above-average dividend, making it more akin to a utility company. Furthermore, Verizon's dividend payout ratio is fairly low compared to historical levels.
Is VZ dividend safe to buy?
"The longer term fundamentals of Verizon remain in good shape, with consistent results and mostly domestic, predictable, recurring revenue. With a 6.5% dividend yield, we believe the shares remain attractive." Meanwhile, Verizon stock was up nearly 11% in 2024 as of April 7. Also, Verizon stock retreated 4% in 2023.
How often does Verizon pay dividends?
Verizon Communications Inc.'s ( VZ ) ex-dividend date is April 9, 2024 , which means that buyers purchasing shares on or after that date will not be eligible to receive the next dividend payment. Verizon Communications Inc. ( VZ ) pays dividends on a quarterly basis.
