Verizon Communications Company Profile (NYSE:VZ)

Analyst Ratings

Consensus Ratings for Verizon Communications (NYSE:VZ) (?)
Ratings Breakdown: 21 Hold Rating(s), 8 Buy Rating(s)
Consensus Rating:Hold (Score: 2.28)
Consensus Price Target: $54.05 (2.46% downside)

Analysts' Ratings History for Verizon Communications (NYSE:VZ)
Show:
DateFirmActionRatingPrice TargetActions
7/28/2016Morgan StanleyBoost Price TargetOverweight$59.00 -> $60.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
7/27/2016JPMorgan Chase & Co.Boost Price TargetNeutral$50.00 -> $56.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
7/27/2016Pacific CrestReiterated RatingHoldView Rating Details  Tweet This Rating  Share This Rating on StockTwits
7/27/2016ArgusReiterated RatingBuy$60.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
7/27/2016Drexel HamiltonReiterated RatingHold -> In-LineView Rating Details  Tweet This Rating  Share This Rating on StockTwits
7/27/2016Hilliard LyonsDowngradeBuy -> Neutral$53.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
7/27/2016FBR & CoBoost Price TargetOutperform$54.00 -> $57.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
7/25/2016RBC Capital MarketsReiterated RatingBuyView Rating Details  Tweet This Rating  Share This Rating on StockTwits
7/20/2016Citigroup Inc.DowngradeMarket PerformView Rating Details  Tweet This Rating  Share This Rating on StockTwits
7/20/2016Oppenheimer Holdings Inc.DowngradeOutperform -> Market PerformView Rating Details  Tweet This Rating  Share This Rating on StockTwits
7/15/2016Deutsche Bank AGReiterated RatingHold$52.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
7/6/2016MacquarieReiterated RatingNeutral$55.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
6/28/2016Robert W. BairdReiterated RatingNeutral$54.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
6/8/2016Bank of America Corp.Reiterated RatingBuyView Rating Details  Tweet This Rating  Share This Rating on StockTwits
6/4/2016Jefferies GroupReiterated RatingHold$53.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
4/26/2016Royal Bank Of CanadaLower Price TargetOutperform$58.00 -> $56.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
4/21/2016Evercore ISIReiterated RatingHoldView Rating Details  Tweet This Rating  Share This Rating on StockTwits
4/18/2016ScotiabankDowngradeSector Outperform -> Sector PerformView Rating Details  Tweet This Rating  Share This Rating on StockTwits
4/18/2016Barclays PLCBoost Price TargetEqual Weight$51.00 -> $52.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
4/7/2016Sanford C. BernsteinDowngradeOutperform -> Market Perform$54.00 -> $55.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
4/2/2016Moffett NathansonDowngradeBuy -> HoldView Rating Details  Tweet This Rating  Share This Rating on StockTwits
4/1/2016HansonDowngradeBuy -> Neutral$55.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
3/28/2016Wells Fargo & Co.Reiterated RatingBuyView Rating Details  Tweet This Rating  Share This Rating on StockTwits
2/24/2016NomuraReiterated RatingNeutral$47.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
2/4/2016DA DavidsonInitiated CoverageNeutral$53.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
12/15/2015BTIG ResearchDowngradeBuy -> NeutralView Rating Details  Tweet This Rating  Share This Rating on StockTwits
11/4/2015Cowen and CompanyReiterated RatingMarket Perform$48.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
10/20/2015William BlairReiterated RatingHoldView Rating Details  Tweet This Rating  Share This Rating on StockTwits
10/16/2015Canaccord GenuityReiterated RatingBuy -> Buy$54.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
7/10/2015Stifel NicolausInitiated CoverageBuy -> Hold$60.00 -> $46.26View Rating Details  Tweet This Rating  Share This Rating on StockTwits
7/1/2015Buckingham ResearchInitiated CoverageNeutral$51.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
12/30/2014Goldman Sachs Group Inc.DowngradeBuy -> NeutralView Rating Details  Tweet This Rating  Share This Rating on StockTwits
12/9/2014Credit Suisse Group AGLower Price TargetNeutral$52.00 -> $51.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
12/2/2014HSBCInitiated CoverageNeutral$52.50View Rating Details  Tweet This Rating  Share This Rating on StockTwits
11/5/2014Sarasin & PartnersInitiated CoverageNeutralView Rating Details  Tweet This Rating  Share This Rating on StockTwits
(Data available from 7/29/2014 forward)

Earnings

Earnings History for Verizon Communications (NYSE:VZ)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallActions
10/20/2016        
7/26/2016Q216$0.92$0.94$30.95 billion$30.53 billionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
4/21/2016Q116$1.06$1.06$32.49 billion$32.20 billionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
1/21/2016Q415$0.88$0.89$34.06 billion$34.30 billionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
10/20/2015Q315$1.02$1.04$32.94 billion$33.20 billionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
7/21/2015Q215$1.01$1.04$32.45 billion$32.22 billionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
4/21/2015Q115$0.95$1.02$32.30 billion$31.98 billionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
1/22/2015Q414$0.73$0.71$32.67 billion$33.19 billionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
10/21/2014Q314$0.92$0.89$31.57 billion$31.60 billionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
7/22/2014Q214$0.90$0.91$31.10 billion$31.50 billionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
4/24/2014Q114$0.87$0.84$30.70 billion$31.82 billionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
1/21/2014Q4$0.65$0.66$31.02 billion$31.07 billionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
10/17/2013Q313$0.75$0.77$30.17 billion$30.28 billionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
7/18/2013Q2 2013$0.73$0.73$29.83 billion$27.79 billionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
4/18/2013Q1 2013$0.65$0.68$29.56 billion$29.40 billionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
1/22/2013Q4 2012$0.52$0.38$29.75 billion$30.05 billionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
10/18/2012$0.64$0.64ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
7/19/2012$0.64$0.64ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
4/19/2012$0.58$0.59ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
1/24/2012$0.53$0.52ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
10/21/2011$0.56$0.56ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
7/22/2011$0.55$0.57ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
4/21/2011$0.50$0.51ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
1/25/2011$0.55$0.54ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Verizon Communications (NYSE:VZ)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20166$1.05$1.08$1.07
Q2 20166$0.90$1.04$0.99
Q3 20166$0.96$1.02$0.99
Q4 20166$0.88$0.99$0.94
Q1 20171$1.02$1.02$1.02
Q2 20171$1.00$1.00$1.00
Q3 20171$1.02$1.02$1.02
Q4 20171$1.04$1.04$1.04
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Verizon Communications (NYSE:VZ)
Annual Dividend:$2.26
Dividend Yield:4.08%
Payout Ratio:63.84% (Based on Trailing 12 Months of Earnings)
57.95% (Based on Current Year Consensus EPS Estimate)
55.94% (Based on Next Year Consensus EPS Estimate)
Dividend Growth:3.20% (3 Year Average)

Dividend History for Verizon Communications (NYSE:VZ)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable DateShare
6/2/2016quarterly$0.574.44%7/6/20167/8/20168/1/2016Tweet This Announcement  Share This Announcement on StockTwits
3/4/2016quarterly$0.574.33%4/6/20164/8/20165/2/2016Tweet This Announcement  Share This Announcement on StockTwits
12/3/2015quarterly$0.574.94%1/6/20161/8/20162/1/2016Tweet This Announcement  Share This Announcement on StockTwits
9/3/2015quarterly$0.575.04%10/7/201510/9/201511/2/2015Tweet This Announcement  Share This Announcement on StockTwits
6/4/2015quarterly$0.554.66%7/8/20157/10/20158/3/2015Tweet This Announcement  Share This Announcement on StockTwits
3/6/2015quarterly$0.554.56%4/8/20154/10/20155/1/2015Tweet This Announcement  Share This Announcement on StockTwits
12/4/2014quarterly$0.554.53%1/7/20151/9/20152/2/2015Tweet This Announcement  Share This Announcement on StockTwits
9/4/2014quarterly$0.554.41%10/8/201410/10/201411/3/2014Tweet This Announcement  Share This Announcement on StockTwits
6/5/2014quarterly$0.534.29%7/8/20147/10/20148/1/2014Tweet This Announcement  Share This Announcement on StockTwits
3/7/2014quarterly$0.534.51%4/8/20144/10/20145/1/2014Tweet This Announcement  Share This Announcement on StockTwits
12/5/2013quarterly$0.534.28%1/8/20141/10/20142/3/2014Tweet This Announcement  Share This Announcement on StockTwits
9/2/2013quarterly$0.534.53%10/8/201310/10/201311/1/2013Tweet This Announcement  Share This Announcement on StockTwits
6/6/2013quarterly$0.524.1%7/8/20137/10/20138/1/2013Tweet This Announcement  Share This Announcement on StockTwits
3/8/2013quarterly$0.524.31%4/8/20134/10/20135/1/2013Tweet This Announcement  Share This Announcement on StockTwits
12/9/2012quarterly$0.524.64%1/8/20131/10/20132/1/2013Tweet This Announcement  Share This Announcement on StockTwits
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Verizon Communications (NYSE:VZ)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionActions
7/27/2016Craig L SillimanEVPSell672$54.81$36,832.32View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
6/24/2016Craig L SillimanEVPSell672$54.56$36,664.32View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
5/26/2016Craig L SillimanEVPSell672$49.80$33,465.60View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
4/26/2016Craig L SillimanEVPSell672$51.00$34,272.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
3/28/2016Craig L SillimanEVPSell672$53.57$35,999.04View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
2/26/2016Craig L SillimanEVPSell672$51.13$34,359.36View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
2/24/2016Diego ScottiCMOBuy800$50.75$40,600.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
4/29/2015Daniel S MeadEVPSell24,945$50.45$1,258,475.25View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
2/17/2015Anthony T SkiadasSVPSell2,708$49.02$132,746.16View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
2/12/2015Daniel S MeadCEOSell24,898$49.70$1,237,430.60View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
9/22/2014Randal S MilchEVPSell2,791$50.10$139,829.10View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
8/22/2014Randal S MilchEVPSell2,966$48.92$145,096.72View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
7/23/2014Randal S MilchEVPSell2,966$51.00$151,266.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
6/23/2014Randal S MilchEVPSell2,966$49.39$146,490.74View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
5/23/2014Randal S MilchEVPSell2,965$49.42$146,530.30View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
4/25/2014Randal MilchEVPSell2,822$46.10$130,094.20View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
3/24/2014Randal MilchEVPSell2,823$46.70$131,834.10View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
2/25/2014Marni WaldenEVPSell8,048$46.31$372,702.88View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
2/24/2014Randal MilchEVPSell2,823$47.06$132,850.38View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
1/22/2014Randal MilchEVPSell2,823$47.47$134,007.81View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
11/18/2013Randal MilchEVPSell2,823$50.35$142,138.05View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
11/11/2013Hugh PriceDirectorSell7,798$49.90$389,120.20View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Verizon Communications (NYSE:VZ)
DateHeadline
07/29/16 07:29 PMTech Stocks Assessment: Facebook Inc (NASDAQ:FB), Verizon Communications Inc. (NYSE:VZ) - share market updates (press release)
07/29/16 07:16 PM[$$] Yahoo Can Still Be Broadband’s Future -
07/29/16 10:15 AMVerizon Communications Inc. (VZ) Closes 0.83% Down on the Day for July 28 - Equities.com
07/28/16 07:40 PMNoteworthy Analyst's Rating to Observe: Verizon Communications Inc. (NYSE:VZ) , Skyworks Solutions, Inc. (NASDAQ ... - Street Updates
07/28/16 07:40 PMVerizon Communications Inc. (NYSE:VZ) & Mastercard Inc (NYSE:MA) Stocks Buzz - Money News (press release)
07/28/16 07:40 PMVerizon Communications Inc. (VZ) Closes 0.93% Up on the Day for July 27 - Equities.com
07/28/16 07:40 PMVerizon Communications Inc (VZ) Price Target Raised At UBS - TCC
07/28/16 06:12 PMUS Market Indexes Mixed With No Rate Change -
07/28/16 10:49 AMIs Wall Street Hanging Up On Verizon After Yahoo Deal? - It’s certainly been an eventful week for Verizon Communications Inc. (NYSE: VZ). The company kicked off the week by announcing that it has agreed to buy Yahoo! Inc. (NASDAQ: YHOO) for $4.8 billion. Verizon then reported mixed Q2 results, including an earnings beat and a small revenue miss. The stock has been one of the hottest large caps in the market in 2016, delivering a 19.1 percent year-to-date gain on top of its generous 4.1 percent dividend. However, after hitting a new 15-year high of $56.38 at the beginning of the month, ...Full story available on Benzinga.com
07/28/16 10:35 AMCredit Agricole S A Sells 249052 Shares of Verizon Communications Inc. (VZ)
07/28/16 10:35 AMLooking At Current Analyst Coverage on Verizon Communications Inc. (NYSE:VZ)
07/28/16 10:35 AMVerizon Communications Inc (VZ) Price Target Raised At UBS
07/28/16 09:40 AMFortune Live for July 28, 2016: Sam Adams Beer, the DNC, and NASA -
07/28/16 08:47 AMLong-term call spread bullish on Verizon - [optionMONSTER] - Verizon Communications is drawing bullish paper. optionMONSTER's monitoring system detected the purchase of 20,000 January 2018 65 call for $0.61 and the sale of 20,000 January 2018 75 calls for $0.05 ...
07/28/16 07:40 AMVerizon Could Benefit From Yahoo Purchase, but There Are Challenges Ahead - [at TheStreet] - Verizon must find a way to incorporate Yahoo assets into a larger strategy, but that won't be easy.
07/28/16 07:18 AMPurchase Moto Z Droids and Moto Mods from Verizon today - [at noodls] - NEW YORK - The Moto Z Droid and Moto Z Force Droid, powered by the Verizon network, and new Moto Mods are available for purchase beginning today. Customers using these groundbreaking smartphones will experience ...
07/28/16 06:12 AM[$$] Verizon Looks Fairly Valued Post-Yahoo Deal - [at Barrons.com] - Verizon Communications (VZ:NYSE) By Hilliard Lyons ($54.81, July 27, 2016) We are lowering our rating on Verizon Communications to Neutral from Buy. Verizon’s (VZ) stock has performed well over the past nine months and recently traded at its highest level since 2000. In addition, we are a bit more cautious on Verizon’s core wireless business given the second quarter’s decline in revenue.
07/28/16 01:34 AMBytes and barrels: the origins of oil traders' love of Yahoo - NEW YORK (Reuters) - For the oil industry, Yahoo Inc's decision this week to sell its core business to Verizon Communications Inc for $4.8 billion does not matter all that much. Their world already...
07/28/16 12:12 AMVerizon Investors Shrug At Q2 Results - Benzinga - Verizon Investors Shrug At Q2 ResultsBenzingaVerizon Communications Inc. (NYSE: VZ) delivered better-than-expected adjusted earnings for the second quarter. However, its revenue came in slightly below the Street analysts' estimations. The telecom service provider reported net income of $831 ...and more »
07/27/16 07:40 PMSummary of Analysts Rating: Verizon Communications Inc. (NYSE:VZ) , Himax Technologies, Inc. (NASDAQ:HIMX) - Street Updates
07/27/16 07:01 PMVTSMX: Top 5 Mutual Fund Holders of Verizon (VZ) -
07/27/16 10:20 AMT-Mobile Takeover Off The Table Amid Q2 Growth, Momentum? -
07/27/16 09:20 AMYahoo! Acquisition Should Make Verizon a Programmatic Ad Powerhouse - [at TheStreet] - By combining Yahoo! with AOL, Verizon has the makings of a programmatic advertising platform capable of cutting into a business dominated by Google and Facebook.
07/27/16 09:18 AMVerizon takes customer service to the next level with Tech Support Pro - [at noodls] - NEW YORK - The modern Internet has evolved far beyond connecting people through computers, laptops, smartphones and tablets. More and more, it connects everyday devices such as vehicles, thermostats and ...
07/27/16 08:49 AMBRIEF-Verizon Communications files for floating rate notes offering - * Files for floating rate notes offering; size not disclosed - Sec filing Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1-646-223-8780)
07/27/16 08:32 AMBetter Buy: Verizon Communications Inc. vs. T-Mobile - Which of these two telecom stocks is the better bet for investors?
07/26/16 07:45 PMPreview of Analysts Recommendation: Verizon Communications Inc. (NYSE:VZ) , Sensata Technologies Holding N.V. ... - Street Updates
07/26/16 07:45 PMRevenue Estimates for Investors: Verizon Communications Inc. (NYSE:VZ) - News Oracle
07/26/16 07:45 PMEarnings Reaction History: Verizon Communications Inc., 66.7% Follow-Through Indicator, 1.9% Sensitive - Nasdaq
07/26/16 07:45 PMVerizon Communications Inc. (VZ) Closes 0.41% Down on the Day for July 25 - Equities.com
07/26/16 07:45 PMVerizon Communications Inc. (VZ) Has Yahoo AND an Earnings Beat - Investorplace.com
07/26/16 11:28 AMUPDATE 4-Verizon posts subscriber gain shortfall, says Yahoo to fuel media push - July 26 (Reuters) - Verizon Communications Inc disappointed Wall Street on Tuesday by reporting a smaller-than-expected subscriber gain for its main wireless business, and its CEO gave few details...
07/26/16 10:47 AMVerizon Tops Q2 Estimates Despite Revenue Miss (VZ, YHOO)
07/26/16 10:47 AMVerizon Stumbles on Mixed Earnings Amidst Yahoo Acquisition
07/26/16 10:47 AMVerizon reports bigger-than-expected fall in quarterly revenue
07/26/16 10:42 AMAP Top Extended Financial Headlines at 11:42 a.m. EDT -
07/26/16 07:59 AMVerizon Investors Shrug At Q2 Results - Verizon Communications Inc. (NYSE: VZ) delivered better-than-expected adjusted earnings for the second quarter. However, its revenue came in slightly below the Street analysts' estimations. The telecom service provider reported net income of $831 million or $0.17 a share, sharply down from $4.35 billion or $1.04 a share in the year-ago quarter. On an adjusted basis, its earnings would have been $0.94 a share. That ...Full story available on Benzinga.com
07/26/16 07:07 AMVerizon reports 5.3% fall in revenue - (Reuters) - Verizon Communications Inc, the No. 1 U.S. wireless carrier by subscribers, reported a 5.3 percent fall in quarterly revenue as more customers opted for cheaper plans. The company, which suffered ...
07/26/16 05:20 AMEarnings Scheduled For July 26, 2016 -   Companies Reporting Before The Bell Asbury Automotive Group, Inc. (NYSE: ABG) is expected to report its quarterly earnings at $1.65 per share on revenue of $1.72 billion. Caterpillar Inc. (NYSE: CAT) is projected to report its quarterly earnings at $0.97 per share on revenue of $10.06 billion. McDonald's Corporation (NYSE: MCD) is estimated to report its quarterly earnings at $1.39 per share on revenue of $6.28 billion. JetBlue Airways Corporation (NASDAQ: JBLU) is expected to report its quarterly earnings at $0.49 per share on revenue of $1.65 billion. Verizon Communications Inc. (NYSE: VZ) is projected to report its quarterly earnings at $0.95 per share on revenue of $31.06 billion. AK Steel Holding Corporation (NYSE: AKS) is estimated to report a quarterly loss at $0.03 per share on revenue of $1.53 billion. 3M Co (NYSE: MMM) is expected to report its quarterly earnings at $2.07 per share on revenue of $7.71 billion. E I Du Pont De Nemours And Co (NYSE: DD) is projected to report its quarterly earnings at $1.10 per share on revenue of $7.01 billion. Eli Lilly and Co (NYSE: LLY) is estimated to report its quarterly earnings at $0.85 per share on revenue of $5.14 billion. Avery Dennison Corp (NYSE: AVY) is expected to report its quarterly earnings at $1.02 per share on revenue of $1.54 billion. BP plc (ADR) (NYSE: BP) is projected to report its quarterly earnings at $0.25 per share on revenue of $45.51 billion. Freeport-McMoRan Inc (NYSE: FCX) is expected to report a quarterly loss at $0.02 per share on revenue of $3.69 billion. Baxter International Inc (NYSE: BAX) is estimated to report its quarterly earnings at $0.39 per share on revenue of $2.51 billion. Centene Corp (NYSE: CNC) is expected to report its quarterly earnings at $1.08 per share on revenue ...Full story available on Benzinga.com
07/25/16 07:23 PMYahoo Deal Fails to Reward Verizon Communications Inc. (VZ) Option Bulls
07/25/16 07:12 PMVerizon to buy Yahoo's core business - [AAP] - Verizon Communications Inc says it will buy Yahoo Inc's core internet properties for $US4.83 billion ($A6.47 billion) in cash to expand its digital advertising and media business, ending a protracted sale process for the fading Web pioneer. The purchase will boost Verizon's AOL internet business, which it bought last year for $US4.4 billion ($A5.9 billion), as it gains access to Yahoo's ad technology tools, BrightRoll and Flurry, and search, email and messenger assets. Verizon, the No. 1 US wireless operator, has in recent years looked to mobile video and advertising for new sources of revenue in an oversaturated wireless market.
07/25/16 06:58 PMBenzinga's M&A Chatter for Monday July 25, 2016 - The following are the M&A deals, rumors and chatter circulating on Wall Street for Monday July 25, 2016:   Verizon to Acquire Yahoo's Operating Business for $4.83B The Deal: Verizon Communications Inc. (NYSE: VZ) and Yahoo! Inc. (Nasdaq: YHOO) announced Monday, following months of speculation, that they have agreed that Verizon will acquire Yahoo's operating business for approximately $4.83 billion in cash. The deal does not include Yahoo's cash, shares in Alibaba Group Holdings, shares in Yahoo Japan, convertible notes, certain minority investments, and Yahoo's non-core patents. The deal is expected to close in Q1 of 2017. Yahoo closed at $38.32 on Monday, down 2.69%.   AMC Raises Offer for Carmike Cinemas to $33.06/Share in Cash, Stock The Deal: Carmike Cinemas, Inc. (NASDAQ: CKEC) announced Monday, an amended and restated merger agreement with AMC Theatres (NYSE: AMC) ...Full story available on Benzinga.com
07/25/16 06:58 PMVerizon to buy Yahoo's core business for $4.8 billion in digital ad push - Reuters - ReutersVerizon to buy Yahoo's core business for $4.8 billion in digital ad pushReutersNEW YORK/SAN FRANCISCO Verizon Communications Inc said on Monday it would buy Yahoo Inc's core internet properties for $4.83 billion in cash, marking the end of the line for a storied Web pioneer and setting the stage for a big new internet push by ...AOL's Tim Armstrong explains the Yahoo acquisition and what's nextTechCrunchWith Verizon's Backing, Yahoo's Longtime Suitor Gets His PrizeBloombergCramer Remix: The real story behind Yahoo's dealCNBCCNNMoney -Fortune -Business Insider -Wall Street Journalall 1,082 news articles »
07/25/16 04:25 PMWith Verizon's Backing, Yahoo's Longtime Suitor Gets His Prize - Bloomberg - BloombergWith Verizon's Backing, Yahoo's Longtime Suitor Gets His PrizeBloombergTim Armstrong and Marissa Mayer go back -- way back. But when the pair first crossed paths a decade and a half ago at Google Inc., few would have predicted how their careers would play out -- or that Armstrong would one day help Verizon Communications ...Here's Why It Looks Like Verizon Is Way Overpaying for YahooFortuneSeeking Wider Digital Audience, Verizon Buys Yahoo for $4.8BABC News6 Questions Marketers Have for AOL-Owner Verizon as It Buys YahooWall Street JournalComputerworld -CNBC -USA TODAY -NPRall 1,124 news articles »
07/25/16 02:58 PMMid-Afternoon Market Update: Dow Slides Over 100 Points; Sprint Shares Climb Following Q1 Results -   Toward the end of trading Monday, the Dow traded down 0.58 percent to 18,463.84 while the NASDAQ declined 0.20 percent to 5,090.09. The S&P also fell, dropping 0.48 percent to 2,164.59. Leading and Lagging Sectors On Monday, cyclical consumer goods & services shares climbed by 0.17 percent. Top gainers in the sector included Buffalo Wild Wings (NASDAQ: BWLD) and McClatchy Co (NYSE: MNI). In trading on Monday, energy shares fell by 2.09 percent. Meanwhile, top losers in the sector included Unit Corporation (NYSE: UNT), down 10 percent, and Helix Energy Solutions Group Inc (NYSE: HLX), down 10 percent. Top Headline Verizon Communications Inc. (NYSE: VZ) confirmed Friday's reports that it will acquire some of Yahoo! Inc. (NASDAQ: YHOO)’s assets. Verizon said in a press release it has ...Full story available on Benzinga.com
07/25/16 11:58 AMThis May Explain Why Verizon Wants To Buy Yahoo's Properties - Verizon Communications Inc. (NYSE: VZ) dished out $4.4 billion last year to acquire AOL, so why is it spending another $4.8 billion to buy Yahoo! Inc. (NASDAQ: YHOO)'s Internet properties which Warren Buffett himself said have "deteriorated significantly"? According to The Washington Post, AOL chief Tim Armstrong proposed a merger with Yahoo's CEO Marissa Mayer two years ago. The deal was ultimately rejected by Mayer so Monday's announcement brings the "merger he once wanted." AOL maintains a heavy presence in media content with a strong focus on advertising. However, AOL and its parent company Verizon may not necessarily be happy with merely providing its ...Full story available on Benzinga.com
07/25/16 11:58 AMMid-Day Market Update: Crude Oil Down 2%; Outerwall Shares Spike Higher -   Midway through trading Monday, the Dow traded down 0.53 percent to 18,473.16 while the NASDAQ declined 0.18 percent to 5,090.89. The S&P also fell, dropping 0.49 percent to 2,164.28. Leading and Lagging Sectors On Monday, cyclical consumer goods & services shares climbed by 0.15 percent. Top gainers in the sector included Sears Holdings Corp (NASDAQ: SHLD) and McClatchy Co (NYSE: MNI). In trading on Monday, energy shares fell by 1.85 percent. Meanwhile, top losers in the sector included Unit Corporation (NYSE: UNT), down 8 percent, and Denbury Resources Inc. (NYSE: DNR), down 7 percent. Top Headline Verizon Communications Inc. (NYSE: VZ) confirmed Friday's reports that it will acquire some of Yahoo! Inc. (NASDAQ: YHOO)’s assets. Verizon said in a press release it has reached an agreement to acquire Yahoo's operating business for approximately ...Full story available on Benzinga.com
07/25/16 11:22 AMUPDATE 3-Verizon to buy Yahoo's core business for $4.8 bln in digital ad push - NEW YORK, July 25 (Reuters) - Verizon Communications Inc said on Monday it would buy Yahoo Inc's core internet properties for $4.83 billion in cash to expand its digital advertising and media...
07/25/16 09:16 AMRemember When Yahoo Turned Down $1 Million To Buy Google? - Yahoo! Inc. (NASDAQ: YHOO) confirmed on Monday it reached an agreement to sell its Internet properties to Verizon Communications Inc. (NYSE: VZ) for $4.83 billion. Taking a look back at Yahoo's M&A opportunities, the going price for Yahoo's assets today could have been in the hundreds of billions of dollars. Related Link: Verizon To Acquire Yahoo's Operating Business For $4.8 Billion Back in 1998, two individuals, Larry Page and Sergei Brin, who were unknown to the technology company offered to sell their little startup to AltaVista for $1 million so they can resume their studies at Stanford. The company that Page and Brin were looking to sell was the soon-to-be patented PageRank ...Full story available on Benzinga.com
07/25/16 07:52 AMUPDATE 1-Verizon to buy Yahoo's core business for $4.83 billion - July 25 (Reuters) - Verizon Communications Inc said Monday it would buy Yahoo Inc's core internet properties for $4.83 billion in cash to expand its digital advertising and media business, in a deal...

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About Verizon Communications

Verizon Communications logoVerizon Communications Inc. (Verizon) is a holding company. The Company, through its subsidiaries, provides communications, information and entertainment products and services to consumers, businesses and governmental agencies. The Company offers voice, data and video services and solutions on its wireless and wireline networks. The Company's segments include Wireless and Wireline. The Wireless segment offers communications products and services, including wireless voice and data services and equipment sales that are provided to consumer, business and government customers across the United States. The Wireline's segment offers voice, data and video communications products and services, such as broadband video and data, corporate networking solutions, data center and cloud services, security and managed network services and local and long distance voice services. The Company provides these products and services to consumers as well as to carriers, businesses and government customers.

Industry, Sector and Symbol:
  • Sector: Computer and Technology
  • Industry: Telecom Services - Domestic
  • Sub-Industry: Integrated Telecommunication Services
  • Exchange: NYSE
  • Symbol: VZ
  • CUSIP: 92343V10
Key Metrics:
  • Previous Close: $55.41
  • 50 Day Moving Average: $54.98
  • 200 Day Moving Average: $51.88
  • P/E Ratio: 15.65
  • P/E Growth: 4.33
  • Market Cap: $225.85B
  • Beta: 0.25
  • Current Year EPS Consensus Estimate: $3.90 EPS
  • Next Year EPS Consensus Estimate: $4.04 EPS
Additional Links:
Verizon Communications (NYSE:VZ) Chart for Friday, July, 29, 2016