peshkov Verizon (NYSE:VZ)’s shares dropped 6% after the telecom submitted its earnings sheet for the second-quarter on Monday, mainly because Verizon missed revenue targets. However, Verizon saw solid growth in its wireless business, acquired a ton of new subscribers in broadband and generated very solid dividend coverage. Shares of Verizon are currently trading at a 12% earnings yield, implying a high safety margin for investors. In my opinion, Verizon’s dip after Q2 earnings creates a new engagement o ...

Shares of Verizon Communications Inc. VZ were under pressure in early trading on Tuesday, after declining more than 6% following the company's second-quarter results.The results came amid an exciting earnings season. Here are some key analyst takeaways.RBC Capital Markets analyst Jonathan Atkin reiterated a Sector Perform rating and price target of $42.KeyBanc Capital Markets analyst Brandon Nispel maintained an Overweight rating and price target of $46.Check out other analyst stock ratings.RBC Capital Mark ...

hapabapa Verizon Communications Inc.'s (NYSE:VZ) year-to-date gains have been wiped out after its second quarter earnings were disappointing, highlighting the stock's choppy run this year. The stock's elevated volatility continues to reflect its strong correlation to long-end Treasury performance, as we had previously discussed, which has fluctuated due to rising rate cut expectations later this year. And Verizon's underwhelming report this week has only exacerbated the fundamental-driven component of the s ...

Verizon Communications TodayVZVerizon Communications$39.09 -2.53 (-6.08%) 52-Week Range$30.14▼$43.42Dividend Yield6.80%P/E Ratio14.59Price Target$45.23Add to WatchlistSector rotation is on investors' minds, and no stock provides value, yield, or opportunity like Verizon NYSE: VZ. Its shares are down more than 5% following its Q2 release, setting up a significant opportunity that will deliver double-digit stock price gains in addition to the 6.5% yield within the next year or two.The results were mixed and r ...

NEW YORK, July 22, 2024 (GLOBE NEWSWIRE) -- Verizon Communications Inc. ("Verizon") (NYSE, NASDAQ: VZ) today announced the commencement of private offers to exchange the 10 outstanding series of notes listed in the table below and maturing from 2025 through 2028 (collectively, the "Old Notes"), in each case, for newly issued notes of Verizon due 2035 (the "New Notes") (the "Exchange Offers"), on the terms and subject to the conditions set forth in an offering memorandum dated July 22, 2024 (the "Offering Me ...

NEW YORK, July 22, 2024 (GLOBE NEWSWIRE) -- Verizon Communications Inc. (“Verizon”) (NYSE, NASDAQ: VZ) today announced the commencement of private offers to exchange the 10 outstanding series of notes listed in the table below and maturing from 2025 through 2028 (collectively, the “Old Notes”), in each case, for newly issued notes of Verizon due 2035 (the “New Notes”) (the “Exchange Offers”), on the terms and subject to the conditions set forth in an offering memorandum dated July 22, 2024 (the “Offering Me ...

Verizon Communications Inc. (NYSE:VZ) Q2 2024 Earnings Conference Call July 22, 2024 8:30 AM ET Company Participants Brady Connor - SVP, IR Hans Vestberg - Chairman and CEO Tony Skiadas - EVP & CFO Conference Call Participants John Hodulik - UBS Simon Flannery - Morgan Stanley Jim Schneider - Goldman Sachs Sebastiano Petti - J.P. Morgan Michael Rollins - Citi David Barden - Bank of America Peter Supino - Wolfe Research Craig Moffett - MoffettNathanson Frank Louthan - Raymond James Timothy Horan - Oppenheime ...

Verizon is down, but the quarter was better than you think.Verizon (VZ -6.31%) reported earnings on Monday and results fell short of expectations. But the company's revenue fell in an area where it loses money, which means results were better than hoped in some ways. In this video, Travis Hoium reveals the truth about where Verizon is growing and why it may be growing in the right places.*Stock prices used were end-of-day prices of July 23, 2024. The video was published on July 23, 2024. ...

Verizon Communications Inc. (NYSE:VZ) announced a second-quarter revenue miss this morning amid a slowdown in phone upgrades, as cash-strapped consumers hold onto their devices for longer. The stock was last seen down 6.3% to trade at $39, brushing off better-than-expected subscriber growth. VZ earlier dipped to its lowest level since April after its latest rally fell short of $42.50, but a familiar floor at the $38.50 level looks ready to contain losses. Though shares are on track for their worst single-da ...

Paper Boat Creative We reiterate our Buy rating on Verizon Communications Inc. (NYSE:VZ) shares today following the just-reported Q2 earnings. While we have had a buy rating on the stock since the low $30s, the stock has stalled out hitting the $40s. In our opinion, Q2 earnings were solid, and today's mini selloff creates a buying opportunity once again in the $30s. Let us discuss. Verizon Q2 results in context Markets have started an interesting rotation of late. As a telecom with a strong dividend yie ...