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.
Does Verizon stock pay dividends?
Verizon Communications Inc. stock went on an upward... Verizon Communications Inc. [NYSE: VZ] stock went on an upward path that rose over 3.34% on Friday, amounting to a one-week price decrease of less than -0.49%. The company report on January 27 ...
How to buy Verizon stock?
Steps to Buy Verizon Stock
- Select a Brokerage. You must first locate a brokerage in order to purchase Verizon stock. ...
- Open Up Your Trading Account. After you’ve selected a brokerage you’ll need to open an account with them. ...
- Deposit Funds Into the Trading Account. ...
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.
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Who did Verizon buy out in 2000?
GTEMerger of equals (2000–2002) Bell Atlantic changed its name to Verizon Communications in June 2000, when the Federal Communications Commission approved the US$64.7 billion merger with telephone company GTE, nearly two years after the deal was proposed in July 1998.
What did Verizon buy in 2006?
Verizon's next big acquisition was MCI in 2006 for $7.6 billion. This gave the company access to MCI's international holdings and corporate clients, which led Verizon to penetrate the international markets.
Is Verizon on the NYSE or the NASDAQ?
Verizon stock will continue to trade under the ticker symbol "VZ," and beginning today it will be listed on both the New York Stock Exchange, where it is currently listed, and on NASDAQ.
What year did GTE become Verizon?
2000GTE Corp. merged with Bell Atlantic Corp. to become Verizon Communications Inc. on June 30, 2000.
Who owns Verizon now?
Verizon CommunicationsVerizon / Parent organization
Was Verizon bought out by AT&T?
What is AT&T acquiring from Verizon Wireless? A. AT&T acquired select Alltel, Unicel, and Verizon Wireless properties, including licenses, network assets and approximately 1.6 million subscribers in 79 service areas across 18 states.
When did Verizon stock split?
Stock splitsDateSplit Ratio2006-11-201.0381998-06-3021990-05-0221986-04-1822 more rows
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 Verizon stock a buy hold 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
What did GTE stand for?
GTE Corporation, formerly General Telephone & Electronics Corporation (1955–1982), was the largest independent telephone company in the United States during the days of the Bell System.
When did Verizon take over Bell Atlantic?
June 30, 2000About Bell Atlantic merged with GTE Corp. to become Verizon Communications Inc. on June 30, 2000.
Who bought GTE stock?
Verizon Communications (NYSE:VZ), formed by the merger of Bell Atlantic and GTE, is one of the world's leading providers of communications services.
What was Verizon's history?
Verizon's modern corporate history begins at the end of an era -- the breakup of the former AT&T Bell System. To resolve a decade-long antitrust case with the Department of Justice, AT&T agreed to break up the Bell Operating System into seven Regional Bell Operating Companies, or RBOCs, which quickly received the much friendlier nickname "Baby Bells." That divestiture reduced AT&T's book value by roughly 70%, and opened the door for renewed competition in the U.S. telecom industry. The stage was set for Verizon's rise.
What is Verizon's modern corporate history?
Verizon's modern corporate history begins at the end of an era -- the breakup of the former AT&T Bell System. To resolve a decade-long antitrust case with the Department of Justice, AT&T agreed to break up the Bell Operating System into seven Regional Bell Operating Companies, or RBOCs, which quickly received the much friendlier nickname "Baby ...
When did Verizon Wireless merge with Bell Atlantic?
Then in 2000, Bell Atlantic merged with GTE and renamed itself Verizon Wireless. The resultant $90 billion entity was 55% owned by Bell Atlantic and 45% owned by British telecom giant Vodafone, which controlled GTE at the time of the merger. Bell Atlantic, NYNEX, and GTE each restructured their equity shares to create the common stock that today trades as VZ on the New York Stock Exchange.
Is Verizon a good investment?
Looking to the future, Verizon's investment outlook remains quite favorable amid a changing telecom and media landscape. It stands as the largest telecom player in the U.S., though AT&T is roughly an equal in terms of scale. Despite the valiant efforts of T-Mobile and Sprint to pry mobile subscribers away from them, AT&T and Verizon each still enjoy roughly twice as many subscribers as the No 3 and No 4 players. The added financial flexibility their scale offers constitutes a huge advantage in terms of investing in future growth , as their recent moves clearly demonstrate.
Is Verizon a monopoly?
As the largest wireless company in the U.S., Verizon Communications ( NYSE:VZ) needs no introduction to investors. As the dominant offspring of AT&T 's ( NYSE:T) 20th-century "Ma Bell" telephone monopoly, the massive scale of both Verizon and AT&T remains one of their key competitive advantages over smaller rivals T-Mobile and Sprint. A longtime dividend stock, Verizon has appreciated nearly 450% since the mid-1980s, even before factoring in the returns from its regular payouts.
Does Verizon pay dividends?
Though it isn't a dividend aristocrat like AT&T, Verizon has returned an impressive sum via payouts to its shareholders. In fact, it has paid $49.90 per share in cumulative dividends on a split-adjusted basis since 1984 -- effectively doubling the total return generated by Verizon stock. Crucially though, investors who reinvested their quarterly dividends as they were paid saw their investments compound at even greater rates of return.
When did Verizon join the Dow Jones Industrial Average?
bellwether for the industry, Verizon Communications was added to the Dow Jones Industrial Average in 2004. Verizon has a regional presence in wireline and national presence in wireless markets, with well more than 100 million Americans connecting to a Verizon network daily.
When did Verizon merge with GTE?
The mergers that formed Verizon were among the largest in U.S. business history, culminating in a definitive merger agreement, dated July 27, 1998, between Bell Atlantic, based in New York City, and GTE, which was in the process of moving its headquarters from Stamford, Conn., to Irving, Texas.
When did AOL start?
The company began operations in 1985 as Quantum Computer Services Inc., launching an online service called Q-Link.
What was Verizon's stock price in 1999?
The all-time high Verizon stock closing price was 69.50 on October 04, 1999.
What is Verizon Communications?
Verizon Communications Inc. is one of the largest communication technology companies . Its Wireless segment offers wireless voice and data services; Internet access on various smart and basic phones, notebook computers, and tablets; and multimedia access, business-focused, location-based, global data, home phone handsets, and high-speed Internet services, as well as network access and value added services to support wireless connections for the Internet of Things (IoT). The Company's Wireline segment offers high-speed Internet, Fios Internet, and Fios video services; voice services, such as local exchange, regional and long distance calling, and voice messaging services, as well as Voice over Internet protocol services; network products and solutions comprising private Internet protocol (IP), public Internet, Ethernet, and optical networking services; IT infrastructure services that include collocation and managed hosting services; cloud services, which comprise computing, storage, backup, and recovery.
When did Verizon Communications Inc. change its name?
The company was formerly known as Bell Atlantic Corporation and changed its name to Verizon Communications Inc. in June 2000. Verizon Communications Inc. was incorporated in 1983 and is headquartered in New York, New York.
What is Verizon Communications?
Verizon Communications Inc. offers communications, technology, information, and entertainment products and services to consumers, businesses, and governmental entities worldwide. Its Consumer segment provides postpaid and prepaid service plans; internet access on notebook computers and tablets; wireless equipment, including smartphones and other handsets; and wireless-enabled internet devices, such as tablets, and other wireless-enabled connected devices, such as smart watches. It also provides residential fixed connectivity solutions, including internet, video, and voice services; and sells network access to mobile virtual network operators. As of December 31, 2020, it had approximately 94 million wireless retail connections, 7 million broadband connections, and 4 million Fios video connections. The company's Business segment provides network connectivity products, including private networking, private cloud connectivity, virtual and software defined networking, and internet access services; and internet protocol-based voice and video services, unified communications and collaboration tools, and customer contact center solutions. This segment also offers a suite of management and data security services; domestic and global voice and data solutions, including voice calling, messaging services, conferencing, contact center solutions, and private line and data access networks; customer premises equipment; installation, maintenance, and site services; and Internet of Things products and services. As of December 31, 2020, it had approximately 27 million wireless retail postpaid connections and 482 thousand broadband connections. The company was formerly known as Bell Atlantic Corporation and changed its name to Verizon Communications Inc. in June 2000. Verizon Communications Inc. was incorporated in 1983 and is headquartered in New York, New York.
Is Verizon a Mastercard?
Verizon Communications Inc. has a strategic partnership with Mastercard Incorporated. The company was formerly known as Bell Atlantic Corporation and changed its name to Verizon Communications Inc. in June 2000. Verizon Communications Inc. was incorporated in 1983 and is headquartered in New York, New York.
What does the blue line on the VZ stock represent?
Below graph compares 10-Year returns of Verizon Communications Inc (VZ) vs NYSE composite. The blue line represents VZ stock while red represents the NYSE composite. Both the lines represent the percentage changes in the respective prices over time.
Should you evaluate a stock in isolation?
You should not evaluate a stock in isolation. Rather, you will benefit more if you assess the performance against broad indices and similar stocks.
What is Verizon Media Group?
Verizon Media Group, the online media and advertising firm formed with the acquisitions of AOL and Yahoo, provides the remainder of revenue.
What is market cap?
Market Cap (Capitalization) is a measure of the estimated value of the common equity securities of the company or their equivalent. It does not include securities convertible into the common equity securities. "Market Cap" is derived from the last sale price for the displayed class of listed securities and the total number of shares outstanding for both listed and unlisted securities (as applicable). NASDAQ does not use this value to determine compliance with the listing requirements.
Does market cap include convertible securities?
It does not include securities convertible into the common equity securities. "Market Cap" is derived from the last sale price for the displayed class of listed securities and the total number of shares outstanding for both listed and unlisted securities (as applicable).
Is Verizon a wireless carrier?
Verizon is now primarily a wireless business (more than 70% of revenue and nearly all operating income). It serves about 91 million postpaid and 4 million prepaid phone customers and connects another 25 million data devices, like tablets, via its nationwide network, making it the largest U.S. wireless carrier. The firm has agreed to acquire Tracfone, a wireless reseller that serves about 20 million prepaid customers in the U.S., from America Movil. Fixed-l
When did Verizon change its name?
Verizon's former logo used from May 19, 1998 to September 1, 2015. Bell Atlantic changed its name to Verizon Communications in June 2000, when the Federal Communications Commission approved the US$64.7 billion Merger with telephone company GTE, nearly two years after the deal was proposed in July 1998.
Where is Verizon located?
The company is headquartered at 1095 Avenue of the Americas in Midtown Manhattan, New York City, but is incorporated in Delaware .
How much is Verizon worth in 2019?
For the fiscal year 2019, Verizon reported earnings of US$19.265 billion, with an annual revenue of US$131.868 billion, an increase of 0.77% over the previous fiscal cycle. Verizon's shares traded at over $45 per share, and its market capitalization was valued at over US$229.1 billion in October 2018. For more than 20 years, Verizon has been in the top 20 in the Fortune 500 listings of corporations in the United States by total revenue.
How many phone lines does Verizon have?
Verizon became the largest local telephone company in the United States, operating 63 million telephone lines in 40 states. The company also inherited 25 million mobile phone customers. Additionally, Verizon offered internet services and long-distance calling in New York, before expanding long-distance operations to other states.
What happened to Vonage in 2007?
In March 2007, Verizon won a lawsuit against Vonage for patent infringement. The three patents named were filed by Bell Atlantic in 1997, and relate to the conversion of IP addresses into phone numbers, a key technology of Vonage's business. The company was awarded US$58 million in damages and future royalties. Vonage later lost an appeal and was ordered to pay Verizon $120 million.
What is Verizon's name?
The name Verizon derives from the combination of the words veritas, Latin for truth, and horizon. The name was chosen from 8,500 candidates and the company spent $300 million on marketing the new brand.
What company bought the Bells?
The other two, like Verizon, exist as a result of mergers among fellow former Baby Bell members. SBC Communications bought the Bells' former parent AT&T Corporation and took on the AT&T name, and CenturyLink acquired Qwest (formerly US West) in 2011 and later became Lumen Technologies in 2020.