The Verizon stock holds buy signals from both short and long-term moving averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $51.11 and $50.33.
Full Answer
What's going on with Verizon stock?
At Goldman Sachs' Communacopia Conference in September, Verizon Chief Executive Hans Vestberg talked about five vectors of growth. For Verizon stock, one problem is that 5G wireless competition is expected to intensify. Cable TV firms are ramping up new promotions with aggressive pricing.
What do Wall Street analysts predict for Verizon stock?
Eight Wall Street analysts’ predictions compiled by TipRanks suggest a consensus VZ stock price target for the 12-month share price of $60.75. The Verizon stock chart projection varied from the low of $56 to the high of $68.
Should you buy Verizon stock or spy?
Rather than buy Verizon stock, income-oriented investors might consider a large ETF such as SPY, which tracks the S&P 500. Follow Reinhardt Krause on Twitter @reinhardtk_tech for updates on 5G wireless, artificial intelligence, cybersecurity and cloud computing.
Is Verizon stock a buy for 5G wireless services?
While VZ stock has consistently underperformed the S&P 500, the telecommunications giant often attracts income-oriented investors, thanks to its dividend. If 5G wireless services reignite earnings and revenue growth, however, Verizon stock might have much greater appeal.
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What is a good price 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 +10.34% increase from the last price of 51.66.
Is VZ stock a buy or sell?
For example, a stock trading at $35 with earnings of $3 would have an earnings yield of 0.0857 or 8.57%. A yield of 8.57% also means 8.57 cents of earnings for $1 of investment....Momentum Scorecard. More Info.Zacks RankDefinitionAnnualized Return1Strong Buy24.75%2Buy18.15%3Hold9.70%4Sell5.35%2 more rows
How much does Verizon pay per share?
(NYSE, Nasdaq: VZ) today declared a quarterly dividend of 64 cents per outstanding share, an increase of 1.25 cents per share from the previous quarter. The quarterly dividend is payable on November 1, 2021, to Verizon shareholders of record at the close of business on October 8, 2021.
What is the price target for VZ?
Stock Price TargetsHigh$71.00Median$57.00Low$49.30Average$57.83Current Price$50.96
Is VZ a good buy now?
We are bullish on VZ and rate shares as a buy with a price target for the year ahead at $57.50 representing an 11x multiple on the current consensus 2022 EPS. With the dividend yield, our price target implies a total return potential of nearly 30% which is a good reward to risk setup.
Is Verizon a good dividend stock?
Morningstar's analyst expects the company to deliver consistent results over time—and the stock is undervalued, too.
What stock paid the highest dividend?
9 highest dividend-paying stocks in the S&P 500:Williams Cos. Inc. (WMB)Devon Energy Corp. (DVN)Oneok Inc. (OKE)Simon Property Group Inc. (SPG)Kinder Morgan Inc. (KMI)Vornado Realty Trust (VNO)Altria Group Inc. (MO)Lumen Technologies Inc. (LUMN)More items...•
Did Buffett sell Verizon?
However, according to the conglomerate's latest 13F filing, Berkshire almost entirely sold out of its Verizon position in the first quarter of 2022. Considering the size of this position in the first place, it seems likely Buffett himself was behind the trade.
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...
About Verizon Communications
Verizon Communications, Inc. is a holding company, which engages in the provision of communications, information, and entertainment products and services to consumers, businesses, and governmental agencies. It operates through the Verizon Consumer Group (Consumer) and Verizon Business Group (Business) segments.
Verizon Communications (NYSE:VZ) Frequently Asked Questions
18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Verizon Communications in the last year. There are currently 1 sell rating, 12 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" Verizon Communications stock.
What is Huawei suing Verizon?
District courts in Texas, alleging the company used a dozen Huawei patents without authorization in areas such as computer networking, download security, and video communications, seeking an unspecified amount of compensation and royalty payments. Verizon last year called the lawsuits "nothing more than a PR stunt" and "a sneak attack on our company and the entire tech ecosystem" and filed counterclaims against Huawei, claiming the Chinese company violated Verizon patents.
What is Verizon Spacial Sound System?
Verizon spacial sound system lets you experience music, games and movies like never beforePacked with features like a 6.7" HD display, 48MP camera and access to all flavors of Verizon 5GGet the motorola one 5G UW ace on us with a premium Unlimited plan1 BASKING RIDGE, N.J., July 07, 2021 (GLOBE NEWSWIRE) -- Starting July 8, you can get your hands on the most affordable Motorola 5G phone available on Verizon — the motorola one 5G UW ace. It gives you access to all of Verizon’s 5G flavors (includi
Signals & Forecast
The Verizon Communications Inc stock holds buy signals from both short and long-term moving averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average.
Support, Risk & Stop-loss
Verizon Communications Inc finds support from accumulated volume at $53.17 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
Is Verizon Communications Inc stock A Buy?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Verizon Communications Inc stock to perform well in the short-term.
About Verizon Communications Inc
Verizon Communications Inc., through its subsidiaries, provides communications, information, and entertainment products and services to consumers, businesses, and governmental agencies worldwide.
Golden Star Signal
This unique signal uses moving averages and adds special requirements that convert the very good Golden Cross into a Golden Star. This signal is rare and, in most cases, gives substantial returns. From 10 000+ stocks usually only a few will trigger a Golden Star Signal per day!
Top Fintech Company
featured in The Global Fintech Index 2020 as the top Fintech company of the country.
5G launch and recent stock price movements
Verizon has had a tricky two years since Covid-19 struck. While there have been recorded highs of $61.74, as on 3 December 2020, the stock has fallen by 17.08% to its last close price of $51.19, as of 28 January 2022.
Verizon stock forecast
According to the algorithmic forecasting of Wallet Investor, as of 28 January 2022, the Verizon stock market price could fall to $48.056 by January 2027, 5 years from now. The site says Verizon stock value could reach $49.413 by December 2025.
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Insider Buying and Selling by Quarter
Want to know when executives and insiders are buying or selling Verizon Communications stock? Sign up for InsiderTrades.com's daily newsletter to get the latest insider transactions delivered to your inbox daily.
Who is on Verizon Communications's Insider Roster?
The list of insiders at Verizon Communications includes Anthony T Skiadas, Craig L Silliman, Hans Erik Vestberg, Kumara Guru Gowrappan, Lowell C Mcadam, and Tami A Erwin. Learn more on VZ's insiders
What percentage of Verizon Communications stock is owned by insiders?
0.10% of Verizon Communications stock is owned by insiders. Learn more
Which Verizon Communications insiders have been buying company stock?
The following insider purchased Verizon Communications stock in the last 24 months: Hans Erik Vestberg ($998,450.00).
How much insider buying is happening at Verizon Communications?
Insiders have purchased a total of 19,000 Verizon Communications shares in the last 24 months for a total of $998,450.00 bought.
How much insider selling is happening at Verizon Communications?
Insiders have sold a total of 129,015 Verizon Communications shares in the last 24 months for a total of $7,468,881.55 sold.
