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Goldman Sachs, Citi Raise Verizon (VZ) Targets, Highlight Shift to EBITDA and Cash Flow Focus
Yahoo Finance· 2026-03-27 01:09
Verizon Communications Inc. (NYSE:VZ) is included among the Dividend Stock Portfolio for Income: 15 Stocks to Invest In. Goldman Sachs, Citi Raise Verizon (VZ) Targets, Highlight Shift to EBITDA and Cash Flow Focus Ken Wolter / Shutterstock.com On March 25, Goldman Sachs analyst Michael Ng raised the price recommendation on Verizon Communications Inc. (NYSE:VZ) to $55 from $50. It reiterated a Buy rating on the shares.  The analyst said Q1 will introduce new segment reporting. Verizon is changing how it ...
KeyBanc Flags Verizon’s (VZ) New Reporting Structure as Investor-Unfriendly
Yahoo Finance· 2026-03-18 05:27
Verizon Communications Inc. (NYSE:VZ) is included among the 14 Quality Stocks with Highest Dividends. KeyBanc Flags Verizon’s (VZ) New Reporting Structure as Investor-Unfriendly Ken Wolter / Shutterstock.com On March 16, KeyBanc commented on Verizon Communications Inc. (NYSE:VZ)’s planned changes to its reporting structure, which will begin in Q1. The firm said the updated disclosures are practically useless for modeling purposes. It pointed to a lack of transparency and limited comparability, making it ...
Oppenheimer Raises Verizon (VZ) Price Target to $56 on Subscriber Growth Outlook
Yahoo Finance· 2026-03-14 02:48
Core Viewpoint - Verizon Communications Inc. (NYSE:VZ) is recognized as one of the 15 Best Dividend Leaders to buy currently, with a positive outlook on subscriber growth and cost reduction strategies [1]. Group 1: Price Target and Ratings - Oppenheimer raised its price target for Verizon from $50 to $56, maintaining an Outperform rating based on positive subscriber growth trends [2]. - The firm indicated strong visibility regarding Verizon's planned $5 billion in expense reductions, which includes a 10% reduction in headcount and lower capital expenditures [2]. Group 2: Cost Reduction Strategies - Asset rationalization is expected to yield approximately $500 million in savings, alongside reductions in spending on third-party vendors and outsourced contractors [3]. - There is potential for additional cost reductions and monetization opportunities if Verizon engages DOX to modernize its OSS/BSS systems [3]. Group 3: Company Overview - Verizon Communications Inc. operates as a holding company, providing a range of communications, technology, information, and streaming products and services to consumers, businesses, and government entities [4].
Scotiabank Lifts Verizon (VZ) to Outperform, Calls Shares “Cheap” at Current Levels
Yahoo Finance· 2026-03-10 17:25
Core Viewpoint - Verizon Communications Inc. is recognized as a potential Dividend Aristocrat, reflecting its strong dividend history and financial stability [1] Group 1: Analyst Upgrades and Financial Performance - Scotiabank upgraded Verizon to Outperform from Sector Perform, raising the price target to $54.50 from $50.25 after positive management meetings [2] - The analyst noted strong momentum in subscriber additions and cost improvements, with expectations for further cost reductions in 2027 and 2028 [2] - Price cuts, lower churn in wireless, and continued broadband growth are anticipated to drive stronger revenue growth for Verizon [2] Group 2: Dividend History and Market Position - Verizon raised its dividend for the 19th consecutive year, highlighting its commitment to returning value to shareholders [2] - The company is viewed as a stable investment option during economic uncertainty, with a steady customer base and predictable financial performance [2] - Among major US telecom companies, Verizon has the longest track record of paying dividends and focuses on increasing those payments [2]
Verizon (VZ) Reviewing NFL Partnership and Other Sponsorship Deals to Cut Costs
Yahoo Finance· 2026-03-06 02:34
Core Viewpoint - Verizon Communications Inc. is reviewing its sponsorship expenditures, including a significant partnership with the NFL, as part of a broader cost-cutting initiative under new CEO Daniel Schulman [2][5]. Group 1: Sponsorship Review - Verizon is evaluating its spending on sports and music sponsorships, which exceeds $250 million annually [5]. - The review includes discussions about potentially scaling back or exiting its partnership with the NFL, valued at over $1 billion [3][5]. - A company spokesperson indicated that leaving the NFL partnership was not the company's objective, while the NFL expressed its commitment to the ongoing relationship [4]. Group 2: Cost-Cutting Measures - The review of sponsorships is part of a larger cost-reduction strategy initiated by the new CEO, who took over in October [5]. - The company has already implemented significant layoffs, eliminating approximately 13,000 jobs, to simplify operations and address customer losses [5].
BMO Capital, Needham Cut CoStar Group (CSGP) Price Target
Yahoo Finance· 2026-03-01 14:59
Summary of CoStar Group Inc. (NASDAQ:CSGP) Core Viewpoint - CoStar Group Inc. is recognized as one of the top 12 stocks to buy and hold for the next two years, despite recent adjustments in price targets by analysts [1]. Group 1: Analyst Ratings and Price Targets - BMO Capital analyst Jeffrey Silber reduced the price target for CoStar Group Inc. to $53 from $72 while maintaining a Market Perform rating, citing that net new bookings fell short of expectations despite year-on-year growth [1]. - Needham lowered its price target to $60 from $80 but retained a Buy rating, highlighting that the fourth-quarter results surpassed expectations in both revenue and earnings, driven by broad-based growth and expense discipline [2]. Group 2: Financial Performance - CoStar Group Inc. achieved $75 million in net new bookings for the fourth quarter, reflecting a 42% increase year-over-year, and reported total bookings of $308 million for fiscal year 2025, which is a 23.2% year-over-year increase [2]. - The company maintains a strong gross profit margin of 79%, indicating effective cost management and operational efficiency [3]. Group 3: Strategic Outlook - Analysts remain optimistic about CoStar Group Inc. as it continues to implement its digitization strategy, generating double-digit growth while enhancing margins [3].
Daiwa Upgrades Verizon (VZ) as Subscriber Growth Signals Strong Momentum
Yahoo Finance· 2026-02-23 18:14
Core Viewpoint - Verizon Communications Inc. has shown strong momentum in subscriber growth, leading to an upgrade by Daiwa to a Buy rating with a price target increase to $58 from $48, reflecting confidence in the company's future performance [2]. Group 1: Financial Performance - Verizon reported 616,000 postpaid phone net additions in Q4, marking its strongest quarterly result since 2019, indicating a positive trend in customer acquisition [2]. - The company expects to achieve an operational expense savings pool of $5 billion through workforce reductions and other cost-cutting measures [3]. Group 2: Strategic Initiatives - Verizon completed its acquisition of Frontier, expanding its fiber footprint to over 30 million fiber passings, with plans to add at least 2 million more this year and target a total of 40 million to 50 million fiber passings in the medium term [4]. - The company anticipates generating over $1 billion in run-rate operating cost synergies by 2028, which is double the original estimate due to stronger integration benefits [4]. Group 3: Partnerships and Market Position - Verizon renewed its MVNO partnership with Comcast and Charter, which is expected to be financially beneficial and ensure continued operation of their customers on Verizon's network [5]. - The current valuation of Verizon is considered low relative to its outlook, presenting a favorable risk/reward opportunity in the telecom sector [2].
14 Best Low Volatility Dividend Stocks to Invest In
Insider Monkey· 2026-02-23 16:40
In this article, we will take a look at the 14 Best Low Volatility Dividend Stocks to Invest In.Morgan Stanley’s Global Investment Committee believes the current bull market still has room to run and could extend into a fourth year. The firm expects the S&P 500 Index to deliver close to double-digit percentage returns, with a projected level of around 7,500. Some strategists are even more optimistic and see the potential for stronger gains.A major driver behind this confidence is the surge in artificial int ...
Verizon (VZ) Gets Target Hike From TD Cowen on Better-Than-Expected Phone Adds
Yahoo Finance· 2026-02-11 15:37
Core Insights - Verizon Communications Inc. has been recognized among the Dividend Champions, Contenders, and Challengers List, highlighting its strong dividend yield [1] - TD Cowen raised its price target for Verizon from $51 to $54, maintaining a Buy rating due to better-than-expected phone subscriber additions in Q4, despite some impact on EBITDA [2] - Verizon reported its strongest net customer additions since 2019 in Q4 2025, meeting its full-year guidance, which is a significant indicator of telecom growth [3] Financial Performance - Verizon's operating revenue for the full year increased by 2.5% to $138.2 billion, with a notable 12% rise in share price on the earnings release day [4] - The company generated $20.1 billion in free cash flow over the past year, up from $19.8 billion the previous year, providing a solid cushion for dividend payments of approximately $11.6 billion [5] Strategic Developments - Verizon completed its acquisition of Frontier Communications in January, which enhances its fiber footprint and supports long-term growth strategies [4] - The company operates as a holding entity providing a range of communication, technology, information, and streaming services to various customer segments [6]
RBC Capital Raises its Price Target on Verizon Communications Inc. (VZ) to $48
Yahoo Finance· 2026-02-09 13:35
Core Viewpoint - Verizon Communications Inc. is recognized as one of the 10 Most Profitable Undervalued Stocks to Buy, with multiple financial institutions raising their price targets following a strong earnings report and a positive outlook for the company's turnaround strategy [1][2]. Financial Performance - Verizon reported fourth-quarter revenue of $36.4 billion, slightly exceeding the consensus estimate of $36.2 billion [3]. - The company achieved postpaid phone net additions of 616,000, an increase from 504,000 in the previous year, marking the strongest quarter for this metric since 2019 [3]. Analyst Ratings and Price Targets - RBC Capital raised its price target on Verizon to $48 from $44 while maintaining a Sector Perform rating, emphasizing the company's turnaround plan focused on reducing operating and capital expenditures to improve free cash flow [1]. - JPMorgan increased its target to $49 from $47, citing stronger-than-expected postpaid phone additions and a favorable financial outlook for 2026 [2]. - Citi raised its target to $50 from $48, noting signs of a more aggressive restructuring effort that could enhance margin improvement and earnings stability [2]. Shareholder Returns - Verizon is committed to returning $25 billion to shareholders through share repurchases, a strategy welcomed by analysts as a positive move for investor confidence [2][3]. Company Overview - Verizon Communications Inc. provides a range of communications, technology, information, and entertainment services to consumers, businesses, and government customers globally, operating through two main segments: Verizon Consumer Group and Verizon Business Group [4].