• Verizon Communications Inc. (VZ)

    $58.27 | $0.59 (1.01%)

  • Dividend Rate

    2.41%

  • SSR Rating

    71

Verizon is now primarily a wireless business (70% of revenue and nearly all of operating income). The firm serves about 88 million postpaid and 5 million prepaid phone customers and connects another 23 million data devices, like tablets, via its nationwide network, making it the largest U.S. wireless carrier. Fixed-line telecom operations include local networks in the northeast and mid-Atlantic that reach about 25 million homes and businesses (12% of revenue) and nationwide enterprise services (10%). Recent investments, including fiber network construction, have supported the wireless business in addition to expanding traditional fixed-line capabilities. Oath, the online media and advertising firm formed with the acquisitions of AOL and Yahoo, provides the remainder of revenue.

  • Last Price:
    $58.27
  • Previous Close:
    $57.68
  • Change:
    $0.59 (1.02%)
  • Open:
    $57.80
  • Volume:
    15,885,731
  • Average Volume (100 Day):
    15,940,662
  • Market Capitalization:
    $240.8 B
  • Day's Range:
    $56.87 - $58.37
  • Dividend Yield:
    4.18%
  • 52-week Range:
    $62 - $46.08
  • P-E:
    7.30
  • EPS:
    $7.86
  • Earnings Date:
    1/22/19
  • Ex Dividend Date:
    1/9/19
  • Sector:
    Communication Services
  • Industry:
    Telecom Services
  • Analyst Average Recommendation:
    ■Moderate Buy