Verizon Communications Inc. shares are fresh off their worst quarterly performance in two decades, but one analyst thinks the name deserves a fresh look. Oppenheimer analyst Timothy Horan upgraded Ver...
Tag: VZ
AT&T, Verizon and Comcast stocks just had their worst quarter in two decades
Some of the biggest telecommunications stocks just posted their steepest quarterly declines in two decades amid pressures both new and old on the cable and wireless industries. Shares of wireless comp...
Verizon hasn’t been a very defensive stock lately, but here’s how things could flip
Telecommunications stocks are said to be defensive, but Credit Suisse analyst Douglas Mitchelson wrote that Verizon Communications Inc. hasn’t quite lived up to that billing lately. The stock has narr...
Verizon is ‘not going to throw away money’ to woo consumers with cheaper phones, CEO says
In a competitive market for wireless deals, Verizon Communications Inc.’s chief executive says the company is “not going to throw away money” on promotions. The company recently rolled out its deals f...
IHS Is a Play on Emerging Market Cellphones. Why the Stock Looks Like a Buy.
Text size IHS’s organic revenue growth has been 18% a year over the past half-decade. Dreamstime IHS Holding is the new kid on the block in the cell-tower world—and its stock may be worth buying. Runn...
T-Mobile Stock Market Value Has Been Rising. It’s Bigger Than Verizon.
Illustration by Elias Stein Text size There’s a new top dog in U.S. telecom. This past Tuesday, T-Mobile US nosed ahead of Verizon Communications , and AT&T in market capitalization—an exclamation...
Verizon says it’s ‘very challenging being the premium brand’ but that new efforts will pay off
The iPhone 14 arrives during a tough climate for the U.S. wireless market, but a Verizon Communications Inc. VZ, +0.58% executive is upbeat about the efforts her company has taken both before and in r...
AT&T’s Dividend-Loving Investors Are Dialing the Wrong Number
AT&T income-hungry shareholders should have seen it coming. In April last year, a month before announcing the spinoff of its media division to shareholders in the form of shares of a 71% stake in ...
Verizon Hikes Its Dividend for the 16th Straight Year
Text size Verizon stock’s yield of around 6.2% far exceeds that of the broader market. Scott Olson/Getty Images Verizon Communications already offered a very big yield. The company sweetened the...
Verizon raises dividend, to extend lead as highest-yielding Dow component
Shares of Verizon Communications Inc. VZ, -0.48% rose 0.2% in premarket trading Tuesday, after the telecommunications company raised its quarterly dividend by 2%, to extend its lead has the highest-yi...
Verizon Faces Growing Price Pressures: Analyst
Text size Competitive concerns are weighing on Verizon stock, which was trading down 2.8% Thursday. Cindy Ord/Getty Images Shares of Verizon Communications were falling in Thursday trading after an an...
Buffett Bucked This Stock, But We’re Not Backing Out
Verizon (VZ) shares are trading off Thursday following the news that Warren Buffett’s Berkshire Hathaway (BRK.A) shed its position in the communications company, as its trimmed some other under...
A Verizon Communications Bull Gives Up and Downgrades the Stock
Text size Verizon Communications recently reduced its adjusted earnings guidance for fiscal 2022. David Paul Morris/Bloomberg Wall Street rarely like to talk about its bad calls, but BofA is now admit...
3 Companies Buffett Might Favor
Capital One Financial Getty Images Prominent stock pickers are often asked to name a few of their favorites, with most rattling off some of their best performing selections. After all, who doesn’t wan...
The Market Is Severely Overbought on Several Metrics
Another strong finish yesterday put the indexes near some very strong resistance. The SPX 500 closed just a touch under 4000, there is a gap to fill at 4017, and that could be filled in days. However,...
Verizon Stock Falls Sharply on Cut to Earnings Guidance
Text size Verizon said wireless revenue growth for the year will be between 8.5% to 9.5%, lower than previous guidance. David Paul Morris/Bloomberg Verizon Communications posted second-quarter earning...
AT&T’s Dividend Yield Jumps as the Stock Falls After Earnings
Text size AT&T Justin Sullivan/Getty Images AT&T stock is shedding value on Thursday, after a big miss on second-quarter free cash flow and lowered guidance for the remainder of the year. That...
AT&T Stock Drops Despite Adding Subscribers. Here’s Why.
Text size AT&T added more wireless and fiber subscribers than expected, paid down debt, and continued to invest in fiber and 5G. Justin Sullivan/Getty Images In its first three months as a telecom...
AT&T, Verizon, and T-Mobile Earnings Are Coming. What to Expect.
AT&T is among the big telecoms reporting earnings this week. Stefani Reynolds / AFP via Getty Images Text size Telecom stocks have been a haven in 2022, with the big U.S. companies leading the mar...
Want to Hide Out in Tech? Buy IBM Stock, Morgan Stanley Says.
Text size IBM stock has outperformed the broader market this year. Andreas Arnold/Bloomberg One of the best-performing tech stocks in 2022 has been IBM , as the company continues to show progress on a...
Buy Verizon Stock for a Turnaround and Its Big Dividend, Says Analyst
Text size The Verizon logo is seen at a Verizon Wireless store in San Francisco. Justin Sullivan/Getty Images Oppenheimer believes Verizon Communications stock is now too cheap to ignore. On Wednesday...