But something has changed dramatically over the past few weeks, and Verizon's stock has been steadily rising even during a period of heightening stock market volatility. Technical analysis suggests the stock may increase 7% more in the coming weeks. Should that occur, the stock will be at its highest price in nearly 20 years.
Full Answer
What will Verizon stock be worth 5 years from now?
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.
Why is Verizon stock slipping on Friday?
Verizon (NYSE: VZ) stock is slipping on Friday following the release of the wireless communication company’s earnings report for the first quarter of 2022. Let’s start with the positives from the Verizon earnings report. It includes adjusted earnings per share of $1.35 on revenue of $33.6 billion.
Is Verizon Communications Inc (vz) stock a good long-term investment?
According to our live Forecast System, Verizon Communications Inc stock is an acceptable long-term (1-year) investment*. "VZ" stock predictions are updated every 5 minutes with latest exchange prices by smart technical market analysis. Q&A about "VZ" projections.
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.
Is Verizon stock expected to rise?
Stock Price Forecast The 22 analysts offering 12-month price forecasts for Verizon Communications Inc have a median target of 51.50, with a high estimate of 66.00 and a low estimate of 46.00. The median estimate represents a +14.66% increase from the last price of 44.92.
Why is Verizon a good stock to invest in?
It's a curated list of leading stocks that stand out on technical and fundamental metrics. Verizon is much more exposed to the U.S. wireless market than rival telecom AT&T. Verizon gets nearly 85% of adjusted earnings from its wireless business.
Is Verizon stock a buy hold or sell?
For example, a company with a P/E ratio of 25 and a growth rate of 20% would have a PEG ratio of 1.25 (25 / 20 = 1.25)....Momentum Scorecard. More Info.Zacks RankDefinitionAnnualized Return1Strong Buy24.75%2Buy18.15%3Hold9.70%4Sell5.35%2 more rows
Is Verizon stock overvalued?
Verizon's P/E ratio is much lower than that of its archrival AT&T which trades at a 20x multiple; the telecom industry average is 25x as of the third quarter of 2020. That shows analysts feel it may underperform in the next year, however it could also signal the company is undervalued by quite a bit.
Did Buffett sell VZ?
Berkshire eliminated nearly all of a large stake in Verizon Communications (VZ) in the quarter. The company held just 1.4 million shares of Verizon on March 31, down from almost 159 million shares on Dec. 31.
Does Verizon have a lot of debt?
Verizon has a massive net debt load, which likely represents the company's biggest weakness. At the end of December 2021, Verizon had $7.4 billion in short-term debt and $143.4 billion in long-term debt that was marginally offset by $2.9 billion in cash and cash equivalents on hand at the end of this period.
What is VZ price target?
Stock Price TargetsHigh$66.00Median$52.00Low$46.00Average$53.11Current Price$44.92
Is AT&T a buy?
At current levels of around $21 per share, AT&T stock trades at just about 8x projected 2022 earnings, which is reasonable, considering the steady growth and margin improvement prospects for its core wireless business. We value AT&T stock at about $28 per share, which is roughly 35% ahead of the current market price.
Is Tmobile a good stock to buy?
T-Mobile expects over 10% growth in earnings before interest, taxes, depreciation and amortization, or EBITDA, up from 7% in 2021, due to faster Sprint synergy realization. In addition, T-Mobile increased its 2022 outlook for total postpaid subscribers by 300,000, to a range of 5.3 million to 5.8 million.
Did Verizon cut its dividend?
(NYSE, Nasdaq: VZ) today declared a quarterly dividend of 64 cents per outstanding share, consistent with the previous three quarters. The quarterly dividend is payable on August 1, 2022, to Verizon shareholders of record at the close of business on July 8, 2022.
What percent dividend does Verizon pay?
5.04%How much is Verizon Communications's dividend? VZ pays a dividend of $2.56 per share. VZ's annual dividend yield is 5.04%.
What is Verizon known for?
The company offers voice, data and video services and solutions on its award-winning networks and platforms, delivering on customers' demand for mobility, reliable network connectivity, security and control.
Is Verizon a defensive stock?
The stocks tend to be seen as a relatively defensive play, with their dividends being a key reason some income-seeking investors want to own them. Verizon boasts a dividend yield of 4.7% based on Thursday's close.
What months does Verizon pay dividends?
- The Board of Directors at Verizon Communications Inc. (NYSE, Nasdaq: VZ) today declared a quarterly dividend of 64 cents per outstanding share, consistent with the previous three quarters. The quarterly dividend is payable on August 1, 2022, to Verizon shareholders of record at the close of business on July 8, 2022.
Which stock has the highest dividend?
9 highest dividend-paying stocks in the S&P 500:AT&T Inc. (T)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)More items...•
Historical and forecast chart of Verizon stock
The chart below shows the historical price of Verizon stock and a prediction chart for the next month. For convenience, prices are divided by color. Forecast prices include: Optimistic Forecast, Pessimistic Forecast, and Weighted Average Best Forecast. Detailed values for the Verizon stock price can be found in the table below.
Verizon Daily Price Targets
Forecast target price for 02-24-2022: $ 54.21. Positive dynamics for Verizon shares will prevail with possible volatility of 1.001%.
Verizon information and performance
Verizon Communications Inc. – American telecommunications company, one of the largest in the United States and worldwide; provides services of fixed and mobile communications, satellite broadband Internet access, as well as information services. In addition, the company owns a large telephone directory business.
Verizon (VZ) stock dividend
Verizon last paid dividends on 01/07/2022. The next scheduled payment will be on 02/01/2022. The amount of dividends is $2.535 per share. If the date of the next dividend payment has not been updated, it means that the issuer has not yet announced the exact payment. As soon as information becomes available, we will immediately update the data.
Technical Breakout
The chart shows that stock the stock is nearing a technical breakout should it rise above resistance at $61. If that happens, the stock may go on to reach its highest price since 1999 to roughly $64.50, from its current price of $60.21.
Cheap Valuation
The stock is currently trading at a 2019 PE ratio of 12.7, which is well below the S&P 500's PE ratio of approximately 16. The stock is also cheap when compared to itself on a historical basis. Since 2015 the stock's PE multiple has traded in a range of 10 to 14.
How many postpaid customers does Verizon have in 2020?
To put things in perspective, Verizon added 279,000 new postpaid phone customers in Q4 2020, much lower than AT&T’s T -0.2% 800,000 and T-Mobile’s 824,000.
Is the average return on a stock higher after a rise or fall?
Answer: The average return after a rise is generally lower than after a fall as detailed in the previous question. Interestingly, though, if a stock has gained over the last few days, you would do better to avoid short-term bets for most stocks.
VZ Target Price
VZ price target in 14 days: 54.868 USD* upside and 52.804 USD* downside. (Highest and lowest possible predicted price in a 14 day period)
Verizon Communications Inc ( VZ ) Stock Market info
Recommendations: Buy or sell Verizon Communications stock? Wall Street Stock Market & Finance report, prediction for the future: You'll find the Verizon Communications share forecasts, stock quote and buy / sell signals below.
NYSE: VZ
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Here are the factors that make the telecom giant a worthwhile investment over the long run
Investors seeking a measure of stability from a stormy stock market roiled by omicron and inflation fears should consider Verizon Communications ( VZ -0.91% ).
1. A reliable dividend
One of Verizon's primary appeals is its dividend, which sports an alluring yield of 4.93% at the time of this writing. Verizon has demonstrated that it's among the most reliable dividend stocks around.
NYSE: VZ
When the pandemic's toll caused some firms, such as Ford Motor Company, to cut or eliminate dividends, Verizon maintained its streak of 15 consecutive years of dividend increases. This consistency continued amid pandemic-induced store closures causing 2020 revenue to drop to $128.3 billion from 2019's $131.9 billion.
2. Strong company performance
Verizon's free cash flow-generating consistency is just one area of strength. In 2021, the company experienced stellar performance across a number of key metrics, exceeding not only 2020 results, but also 2019's pre-pandemic numbers.
3. Ongoing growth opportunity
Verizon's excellent 2021 performance is poised to continue thanks to the advent of 5G. Consumer demand for 5G came on strong in 2021. At the end of Q3, more than a quarter of Verizon's consumer base was using a 5G-enabled device, up from about 20% in Q2.
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This company offers many benefits for investors, including the switch to 5G wireless
Robert "Izzy" Izquierdo has been investing for decades. Through his stock market investments, he bought his first home and became a millionaire, and now wants to help others achieve financial success.
A stable company, even in an economic downturn
Verizon's first-quarter earnings report showed that it's prepared to weather a crisis the magnitude of the coronavirus pandemic.
But is it a millionaire-maker?
Verizon makes for a solid investment, but can it deliver big returns? Not really, given the state of today's U.S. telecommunications industry. Telecoms are nearing a saturation point with smartphone adoption in the U.S. now topping 80%, and Verizon is battling its peers for the same limited pool of customers.
The bottom line
Verizon is a dependable, attractive investment today, particularly for income investors. It has done well managing its financial health, and its dividend offers an excellent yield of 4.32%.
