*Real-time prices by Nasdaq Last Sale. In 2018, it took a $4.6 billion write-down on its media business, called Oath.Get these newsletters delivered to your inbox & more info about our products & services. A+ signifies heavy institutional buying; E means heavy selling. If a stock is valued near, or slightly below the market average, research has shown that the market expects the stock…
The information has been obtained from sources we believe to be reliable; however no guarantee is made or implied with respect to its accuracy, timeliness, or completeness. In lower frequency bands, its plans rely on dynamic spectrum sharing, or DSS.Mobile 5G is expected to whisk video to smartphones at least 10 times faster than current networks. If 5G wireless services reignite earnings and revenue growth, however, VZ stock might have much greater appeal.Verizon's challenge is regaining an edge in network performance as However, Verizon has delayed a stock buyback as it musters cash for upcoming 5G wireless spectrum auctions.Verizon holds less debt than AT&T, which acquired media giant Time Warner and earlier satellite TV broadcaster DirecTV. All rights reserved.
Its wireless business held up better than expected.The company earned $1.18 an adjusted share, including a 4-cent tax benefit. Disclaimer. Revenue fell 5.1% to $30.4 billion. Chief Executive Hans Vestberg served as network gear maker Ronan Dunne, head of Verizon's consumer business, previously was CEO at British wireless firm O2. Plus, data-gobbling mobile video hasn't panned out as a big moneymaker.Verizon's June-quarter earnings and revenue topped analyst estimates, albeit amid lowered expectations due to the Covid-19 outbreak. While Verizon stock has consistently underperformed the S&P 500, VZ stock often attracts income-oriented investors.
Realtime quote and/or trade prices are not sourced from all markets.Ownership data provided by Refinitiv and Estimates data provided by FactSet.
Verizon Communications Inc. analyst estimates by MarketWatch. Verizon's long-range problem is that the U.S. wireless market is saturated.Most consumers have unlimited data plans. The information and content are subject to change without notice. However, Verizon does not expect meaningful revenue from 5G wireless broadband services to homes until 2021.Verizon has told analysts that it expects 5G business services to gain momentum in 2022. It also sells wired services to consumers in the Northeast and business services globally.Verizon is much more exposed to the U.S. wireless market than rival telecom AT&T. Analysts expect Verizon to launch its nationwide 5G mobile network ahead of The company's 5G buildout could reignite currently anemic earnings and revenue growth, say Verizon stock bulls.Thanks to low interest rates, Verizon stock has posted some good runs since the global recession of 2008-2009. In the year-earlier period, Verizon added 245,000 postpaid wireless phone customers.Wireless service revenue fell 1.7% to $15.9 billion vs. analyst estimates of $13.18 billion. While Verizon stock has consistently underperformed the S&P 500, VZ stock often attracts income-oriented investors. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. Also, Verizon likely will buy midband spectrum in federal auctions. "Verizon's stock naturally has held up much better during the pandemic and likely will continue to do so in a continuation of that environment. A stock’s Dividend Uptrend rating is dependent on the company’s price-to-earnings (P/E) ratio to evaluate whether or not a stock’s dividend is likely to trend upward.
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