VZVerizon Communications Inc
$60.82
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- Last Price$60.82
- Previous Close$60.53
- Change
$0.29 - Open$60.63
- Volume9,812,785
- Avg. Volume (100-day)11,399,623
- Market Capitalization$251.54B
- Days Range
$60.32 - $60.92 - 52-week Range
$52.28 - $61.34 - Dividend Yield4.05%
- Ex. Dividend Date10/09/2019
- P-E15.5
- EPS3.89
- Earnings Date02/04/2020
- SectorCommunication Services
- IndustryTelecom Services
- Avg. Analyst Rec.
- Beta0.032
- PEG Ratio3.87
- Volatility0.32
- Average True Range0.02
Verizon is now primarily a wireless business (70% of revenue and nearly all operating income). It serves about 89 million postpaid and 4 million prepaid phone customers and connects another 24 million data devices, like tablets, via its nationwide network, making it the largest U.S. wireless carrier. Fixed-line telecom operations include local networks (12% of revenue) in the Northeast, which reach about 25 million homes and businesses, and nationwide enterprise services (10%). Recent investments, including fiber network construction, have supported the wireless business in addition to expanding traditional fixed-line capabilities. Verizon Media Group, the online media and advertising firm formed with the acquisitions of AOL and Yahoo, provides the remainder of revenue.