Verizon Communications ' (VZ 0.72%) stock price jumped 16.37% in 2016 according to data provided by S&P Global Market Intelligence on strong customer gains throughout the year as investors looked for safe stocks to invest in among some global economic uncertainties. Image source: YCharts. So what
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Is Verizon stock a buy?
Verizon's rivals are also investing heavily in 5G networks. As a result, Verizon may not be the biggest winner in the 5G war. But it possesses many attributes that make it an excellent choice for investing in a 5G stock. Its wireless service revenue is increasing and is expected to grow for years to come.
How much does Verizon stock cost?
- Verizon revenue for the quarter ending March 31, 2021 was $32.867B, a 3.98% increase year-over-year.
- Verizon revenue for the twelve months ending March 31, 2021 was $129.549B, a 1.37% decline year-over-year.
- Verizon annual revenue for 2020 was $128.292B, a 2.71% decline from 2019.
Will Verizon stock go up?
Verizon Communications stock didn’t get a bounce from a fourth-quarter report, and Chairman and CEO Hans Vestberg bought up shares of the telecom giant. Verizon (ticker: VZ) reported an in-line fourth quarter on the morning of Jan. 25, and shares ended ...
Is Verizon stock going to split?
Verizon Communications (VZ) has 6 splits in our Verizon Communications stock split history database. This was a 2 for 1 split, meaning for each share of VZ owned pre-split, the shareholder now owned 2 shares. Read, more on it here. Thereof, what stocks are going to split in 2020? Splits for April 2020.
What is the prediction for Verizon stock?
Stock Price Forecast The 22 analysts offering 12-month price forecasts for Verizon Communications Inc have a median target of 57.00, with a high estimate of 71.00 and a low estimate of 49.30. The median estimate represents a +11.11% increase from the last price of 51.30.
Is Verizon a Buy Hold or sell?
The Earnings Yield (also known as the E/P ratio) measures the anticipated yield (or return) an investment in a stock could give you based on the earnings and the price paid....Momentum Scorecard. More Info.Zacks RankDefinitionAnnualized Return1Strong Buy24.75%2Buy18.15%3Hold9.70%4Sell5.35%2 more rows
Is Verizon good stock to buy now?
VZ Dividend Is Safe Verizon stands out with its 5.6% dividend yield which is one of the largest among S&P 500 companies. The company last hiked the quarterly rate in Q3 2021 to the current $0.64 per share, the 15th consecutive annual increase.
What is the highest Verizon stock has been?
The latest closing stock price for Verizon as of June 03, 2022 is 50.81.The all-time high Verizon stock closing price was 69.50 on October 04, 1999.The Verizon 52-week high stock price is 57.61, which is 13.4% above the current share price.More items...
Is Verizon a good stock to buy 2022?
Amid stock market volatility, shares in Verizon Communications (VZ) are down over 5% in 2022. VZ stock fell after the telecom giant reported first-quarter earnings and lowered expectations for this year.
Is Verizon stock volatile?
Verizon Communications has a volatility of 1.53 and is 1.06 times more volatile than DOW.
Does Buffett own Verizon stock?
Berkshire held a stake of nearly 159 million shares of Verizon at year-end 2021, worth $8.3 billion. The stake had a cost basis of $9.4 billion, or about $59 a share.
Will Verizon grow?
Verizon Communications Inc. expects revenue growth of about 4% annually in 2024 and beyond, driven by gains from its new 5G mobile phone services. Service and other revenue is expected to grow about 3% in 2022 and 2023 and 4% in 2024, Matt Ellis, chief financial officer, told investors at a conference Thursday.
Is Verizon stock undervalued?
Morningstar's analyst expects the company to deliver consistent results over time—and the stock is undervalued, too.
When did Verizon stock last split?
Stock splitsDateSplit Ratio2006-11-201.0381998-06-3021990-05-0221986-04-1822 more rows
How many times did Verizon stock split?
According to our Verizon Communications stock split history records, Verizon Communications has had 6 splits.
Did Buffett sell Verizon?
Berkshire Hathaway bought stakes in Citigroup, Paramount Global, and Markel in the first quarter, while nearly eliminating an interest in Verizon Communications, according to a filing late Monday.
Is Verizon stock a Buy, Sell or Hold?
Verizon stock has received a consensus rating of hold. The average rating score is Baa1 and is based on 2 buy ratings, 11 hold ratings, and 1 sell...
What was the 52-week low for Verizon stock?
The low in the last 52 weeks of Verizon stock was 45.55. According to the current price, Verizon is 111.57% away from the 52-week low.
What was the 52-week high for Verizon stock?
The high in the last 52 weeks of Verizon stock was 57.53. According to the current price, Verizon is 88.34% away from the 52-week high.
What are analysts forecasts for Verizon stock?
The 14 analysts offering price forecasts for Verizon have a median target of 57.50, with a high estimate of 64.00 and a low estimate of 44.00. The...