Imgorthand/E+ via Getty ImagesWhile shareholders in Verizon (NYSE:VZ) suffered through a tough 2023, at least the stock is well above its 52-week low. Even so, that is meager consolation for long-term investors in VZ. From late 2018 through the middle of 2021, Verizon routinely traded in the high $50s to low $60s range. As I write these words, it swaps hands for $38.44 per share. The current valuation has Verizon, with a forward price-to-earnings ratio of 8.76x, valued far below its 10-year average. Mor ...

Verizon (VZ 0.10%) has started generating more cash flow and is paying down debt, but is it enough for the stock to outperform the market in 2024?In this video, Travis Hoium covers the company's recent financials, where we're seeing growth, and why this could be a market outperformer this year.*Stock prices used were end-of-day prices of Jan. 6, 2023. The video was published on Jan. 8, 2024. ...

The latest trading session saw Verizon Communications (VZ) ending at $39.08, denoting a +0.1% adjustment from its last day's close. This change lagged the S&P 500's 0.57% gain on the day. Meanwhile, the Dow experienced a rise of 0.46%, and the technology-dominated Nasdaq saw an increase of 0.75%.Heading into today, shares of the largest U.S. cellphone carrier had gained 4.66% over the past month, outpacing the Computer and Technology sector's gain of 1.51% and the S&P 500's gain of 3.4% in that time.The inv ...

Verizon Communications Inc. (VZ) announced the launch of 5G services through a newly constructed cell tower dubbed Dragon Tower at the U.S. Army’s Helemano Military Reservation (HMR) center in Hawaii. It is one of the 13 new or in-progress cell towers provisioned for connectivity enhancement in the region.HMR’s military housing accommodates around 2000 service members and families at Schofield Barracks and Wheeler Army Airfield. The remote nature of the location makes it difficult to establish reliable conn ...

Verizon Communications (VZ) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Shares of this largest U.S. cellphone carrier have returned +6.5% over the past month versus the Zacks S&P 500 composite's +3.5% change. The Zacks Wireless National industry, to which Verizon belongs, has gained 4% over this period. Now the key question is: Where could the stock be headed in the near term?Altho ...

BASKING RIDGE, N.J., Jan. 09, 2024 (GLOBE NEWSWIRE) -- Verizon Business will showcase innovative 5G solutions at the National Retail Federation's (NRF) Big Show 2024 (Booth #3338) at the Jacob K. Javits Center in New York City. Through a series of on-site experiences, the company will highlight the significant effect that 5G, dependable connectivity, collaboration tools, and more have on the retail sector. In recent years, retailers faced unprecedented challenges including labor shortages, increased shrinka ...

16 September 2023, USA, New York: The Verizon logo, taken in Manhattan. Photo: Michael Kappeler/dpa ... [+] (Photo by Michael Kappeler/picture alliance via Getty Images)dpa/picture alliance via Getty ImagesWireless behemoth Verizon is slated to report its Q4 2023 results on January 23. We estimate that revenues will come in at about $34.6 billion for the quarter, in line with consensus estimates and down 2% compared to last year. We project that earnings will stand at $1.09 per share, compared to consensus ...

photobyphm Introduction Back in late September 2023, I recommended Verizon Communications Inc. (NYSE:VZ) as a "Buy" for long-term dividend investors in the low-$30s: With its earnings (~15%) and dividend (~8%) yield being greater than short-term (2-yr: 5.12%) and long-term (10-yr: 4.52%) treasury yields, Verizon is certainly an enticing dividend investment. As we saw in this note, Verizon's above-industry average dividend yield of 8% is well covered by its free cash flows. Given management's commitme ...

WASHINGTON, Jan. 08, 2024 (GLOBE NEWSWIRE) -- Verizon today announced it is providing 5G coverage to the U.S. Army Garrison Hawaii's Helemano Military Reservation (HMR) via a newly constructed cell tower, nicknamed the "Dragon Tower," as part of a $1 million project. Military families, personnel and visitors at HMR will experience improved wireless coverage and enhanced network services. "The main purpose of our partnership with Helemano is to improve quality of life for base personnel," said Marta Lacroix, ...

Some Verizon (NYSE:VZ) customers may have a welcome surprise waiting in their mailboxes this week in the form of a partial refund as part of the $100 million Verizon Class-Action lawsuit settlement. Indeed, the wireless network operator has recently begun notifying customers via postcard or email that they have until April 15 to file a claim entitling them to up to $100.What do you need to know about the latest class-action news making rounds on Wall Street?Well, the lawsuit accuses Verizon of levying fees ...