Verizon
VZ

$41.15

0.39%

Market Cap: $173B

About: Wireless services account for about 70% of Verizon Communications' total service revenue and nearly all of its operating income. The firm serves about 93 million postpaid and 21 million prepaid phone customers (following the acquisition of Tracfone) via its nationwide network, making it the largest US wireless carrier. Fixed-line telecom operations include local networks in the Northeast, which reach about 29 million homes and businesses and serve about 8 million broadband customers. Verizon also provides telecom services nationwide to enterprise customers, often using a mixture of its own and other carriers' networks.

Employees: 105,400

Communication Services Telephone Communications, Except Radiotelephone

0

Funds holding %

of 6,686 funds

0

Analysts bullish %

of 5 analysts

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

21% more call options, than puts

Call options by funds: $1.68B | Put options by funds: $1.39B

1% more repeat investments, than reductions

Existing positions increased: 1,211 | Existing positions reduced: 1,195

1% more first-time investments, than exits

New positions opened: 169 | Existing positions closed: 167

0% more funds holding

Funds holding: 2,799 [Q1] → 2,801 (+2) [Q2]

0.74% less ownership

Funds ownership: 63.39% [Q1] → 62.65% (-0.74%) [Q2]

2% less capital invested

Capital invested by funds: $112B [Q1] → $109B (-$2.29B) [Q2]

11% less funds holding in top 10

Funds holding in top 10: 61 [Q1] → 54 (-7) [Q2]

See Fund Rankings

Research analyst outlook

5 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$42

2%

upside

Avg. target

$46

11%

upside

High target

$51

24%

upside

5 analyst ratings

2 positive

40%

3 neutral

60%

0 negative

0%

Keybanc Brandon Nispel 58% 1-year accuracy 11 / 19 met price target	7%upside $44	Overweight Maintained	6 Sept 2024
TD Cowen Dan Brennan 61% 1-year accuracy 17 / 28 met price target	24%upside $51	Buy Maintained	23 Jul 2024
JP Morgan Philip Cusick 71% 1-year accuracy 10 / 14 met price target	9%upside $45	Neutral Maintained	23 Jul 2024
RBC Capital Jonathan Atkin 79% 1-year accuracy 11 / 14 met price target	2%upside $42	Sector Perform Reiterated	23 Jul 2024
Scotiabank Maher Yaghi 100% 1-year accuracy 8 / 8 met price target	13%upside $47	Sector Perform Maintained	10 Jul 2024

See Analyst Rankings

Financial journalist opinion

Based on 101 articles about VZ published over the past 30 days

Verizon: Market Likely Overestimated Frontier Impacts

Verizon recently announced a $20B acquisition of Frontier Communications. Despite potential synergies, I believe the market's prevailing bullish rating overestimated the upside impacts of the deal. Furthermore, the acquisition price represents a 44% premium.

Verizon: Market Likely Overestimated Frontier Impacts

Verizon's Dividend Risk Profile Increases After Frontier Acquisition

Verizon just announced a huge acquisition of Frontier Communications. While the deal offers some exciting market growth opportunities for Verizon, it also comes with some risks. We look at what factors are likely going to increase the risk profile for Verizon's dividend and share our updated outlook for the stock.

The Motley Fool

The $20 Billion Reason Everyone Is Talking About Verizon Stock Again

Verizon's $20 billion acquisition of Frontier comes with plenty of risks.

The $20 Billion Reason Everyone Is Talking About Verizon Stock Again

Buy 3 September Dogs Of The Dow; Watch 6

"The Dow® [adds a stock] if the company has an excellent reputation, demonstrates sustained growth, and is of interest to a large number of investors

Buy 3 September Dogs Of The Dow; Watch 6

FRONTIER COMMUNICATIONS INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Frontier Communications Parent, Inc. - FYBR

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Frontier Communications Parent, Inc. (NasdaqGS: FYBR) to Verizon Communications Inc. (NYSE: VZ). Under the terms of the proposed transaction, shareholders of Frontier will receive $38.50 in cash for each share of Frontier that they own. KSF is seeking to determine whether this consideration and the process tha.

FRONTIER COMMUNICATIONS INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Frontier Communications Parent, Inc. - FYBR

What Verizon (VZ) & Frontier (FYBR) Merger Means for Telecom Outlook

Michael Hodel says the merger will not just expand network potential, but gives Verizon (VZ) a chance to show A.I.'s uses in telecom companies.

What Verizon (VZ) & Frontier (FYBR) Merger Means for Telecom Outlook

Verizon Acquires Frontier for $20 Billion as Connected Economy Evolves

The future of connectivity is the future of commerce, as well as payments and financial services. And with the Thursday (Sept.

Verizon Acquires Frontier for $20 Billion as Connected Economy Evolves

Zacks Investment Research

Can Verizon Stock Benefit From Frontier Communications Buyout?

VZ enters into a definitive agreement to acquire Frontier Communications to expand its fiber footprint across the United States.

Can Verizon Stock Benefit From Frontier Communications Buyout?

Frontier Stock Shot Higher After Verizon's Bid. Which Telecom Could be Next?

Investors who missed out on the initial wave of gains, may now want to look at who the next potential beneficiary could be.

Frontier Stock Shot Higher After Verizon's Bid. Which Telecom Could be Next?

Good Stocks To Buy Right Now? 2 Telecom Stocks To Watch

Telecom stocks to keep an eye on in the stock market today.

Good Stocks To Buy Right Now? 2 Telecom Stocks To Watch

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