Verizon Communications Company Profile (NYSE:VZ)

Analyst Ratings

Consensus Ratings for Verizon Communications (NYSE:VZ) (?)
Ratings Breakdown: 18 Hold Rating(s), 9 Buy Rating(s)
Consensus Rating:Hold (Score: 2.33)
Consensus Price Target: $53.21 (4.76% downside)

Analysts' Ratings History for Verizon Communications (NYSE:VZ)
Show:
DateFirmActionRatingPrice TargetActions
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
6/12/2016ArgusReiterated RatingBuyView 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
6/6/2016Morgan StanleyReiterated 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
5/24/2016Drexel HamiltonReiterated RatingHoldView 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
4/23/2016FBR & CoReiterated RatingBuy$54.00View 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
2/24/2016Nomura Holdings Inc.Reiterated 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
12/3/2015JPMorgan Chase & Co.Reiterated RatingOutperform$57.00 -> $55.00View 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 7/26/2014 forward)

Earnings

Earnings History for Verizon Communications (NYSE:VZ)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallActions
7/26/2016        
7/26/2016Q216$0.92$0.94$30.97 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$0.87$0.99$0.92
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:4.05%
Payout Ratio:51.25% (Based on Trailing 12 Months of Earnings)
57.80% (Based on Current Year Consensus EPS Estimate)
55.67% (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
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
07/26/16 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...
07/25/16 07:52 AMVerizon To Acquire Yahoo's Operating Business For $4.8 Billion - After months of investor activism, speculation and rumors, Verizon Communications Inc. (NYSE: VZ) confirmed Friday's reports that it will acquire some of Yahoo! Inc. (NASDAQ: YHOO)'s assets. Shares of Yahoo were halted early Monday morning and resumed trading at 7:20 a.m. EDT. Shares were seen trading lower by 1.2 percent at $38.90. Verizon said in a press release it has reached an agreement to acquire Yahoo's operating business for approximately $4.83 billion in cash. Verizon stated in its press release that the addition of Yahoo to its AOL property (which it separately acquired in 2015) will create "one of the largest portfolios" of owned and partnered global brands with "extensive" distribution capabilities. Between Yahoo and AOL, Verizon will now own ...Full story available on Benzinga.com
07/25/16 07:26 AMYahoo to Sell Web Assets to Verizon for $4.8 Billion - Bloomberg - Washington PostYahoo to Sell Web Assets to Verizon for $4.8 BillionBloombergYahoo! Inc. agreed to sell its main web businesses to Verizon Communications Inc. for $4.8 billion, ending a two-decade run as an independent company that took it from Stanford University startup at the dawn of the internet age to also-ran behind ...Verizon is winner in Yahoo sale with $4.8B bidUSA TODAYVerizon buys Yahoo for $4.83 billionTechCrunchCMO Today: Verizon Confirms $4.8 Billion Acquisition of YahooWall Street JournalRecode -Forbes -CNNMoney -CNETall 392 news articles »
07/25/16 06:42 AMVerizon to buy Yahoo's core business for $4.83 billion - July 25 (Reuters) - Verizon Communications Inc said it had agreed to buy Yahoo Inc's core internet business for $4.83 billion in cash, ending a lengthy sale process for the fading Web pioneer.
07/25/16 05:56 AMAnalyst's Noticeable Buzzers: Verizon Communications Inc. (NYSE:VZ) , NetApp, Inc. (NASDAQ:NTAP) - Street Updates
07/25/16 05:33 AMAn ‘insane’ number of catalysts are poised to roil vulnerable markets this week - [at MarketWatch] - Apple takes center stage on the extremely crowded earnings schedule this week as the market continues to feast on a diet of new highs. We banged out another on Friday, and despite a rather tepid start ...
07/25/16 05:30 AMYahoo Sells To Verizon In Saddest $5 Billion Deal In Tech History - [at Forbes] - In its sale to Verizon, Yahoo gives up fighting its long march to irrelevancy.
07/25/16 05:00 AMCramer: With Yahoo!, Verizon Can Invent Something Really New -
07/25/16 04:54 AM5 Things You Must Know Before the Market Opens Monday -
07/25/16 04:36 AM8 Stocks You Should Be Watching Today -   Some of the stocks that may grab investor focus today are: Wall Street expects Texas Instruments Incorporated (NASDAQ: TXN) to post its quarterly earnings at $0.73 per share on revenue of $3.20 billion after the closing bell. Texas Instruments shares rose 0.89 percent to close at $65.49 on Friday. Analysts expect Gilead Sciences, Inc. (NASDAQ: GILD) to post quarterly earnings at $3.00 per share on revenue of $7.79 billion after the markets close. Gilead Sciences shares gained 0.24 percent to $86.76 in after-hours trading. Verizon Communications Inc. (NYSE: VZ) will announce a deal to buy Yahoo! ...Full story available on Benzinga.com
07/25/16 04:04 AMVerizon to buy Yahoo in $4.8B deal: Reports -
07/25/16 03:10 AMVerizon to announce $5 billion deal to buy Yahoo - source - [Reuters] - The deal will end months of uncertainty about Yahoo's future after the company announced plans to review strategic alternatives in February. Yahoo and Verizon both declined to comment. Reuters reported on Friday that Verizon had emerged as the front-runner in the Yahoo auction.
07/25/16 01:27 AMVerizon Set To Announce $5bn Yahoo Takeover -
07/24/16 02:46 PMUPDATE 1-Verizon to announce $5 billion deal to buy Yahoo Monday -source - July 24 (Reuters) - Verizon Communications Inc will announce an agreement on Monday to buy Yahoo Inc for about $5 billion, according to a person familiar with the matter.
07/24/16 02:27 PMVerizon to announce $5 billion deal to buy Yahoo on Monday: source - (Reuters) - Verizon Communications Inc will announce an agreement on Monday to buy Yahoo Inc for about $5 billion, according to a person familiar with the matter.
07/24/16 01:30 PMVerizon to announce $5 billion deal to buy Yahoo Monday -source - July 24 (Reuters) - Verizon Communications Inc will announce an agreement on Monday to buy Yahoo Inc for about $5 billion, according to a person familiar with the matter.
07/23/16 10:19 AMVerizon Severs Excessive Data Users (VZ)
07/22/16 07:01 PMOption Market: Verizon Communications Inc (NYSE:VZ) Risk Hits A Substantially Lowered Level - CML News
07/22/16 07:01 PMVerizon Communications Inc. (NYSE:VZ) Launches Virtual Network Services - Market Exclusive
07/22/16 07:01 PMEye Catching Stock: Verizon Communications Inc. (NYSE:VZ) - News Oracle
07/22/16 07:01 PMVerizon Communications Inc. (VZ) Closes 0.45% Down on the Day for July 21 - Equities.com
07/22/16 07:01 PMVerizon Communications Inc. (VZ) to Feel the Heat from Spectrum and FCC Headwinds: Oppenheimer - Business Finance News
07/22/16 12:25 PMHere Is A Buywrite Strategy for the Upcoming Yahoo! Inc (YHOO) And Verizon Communications Inc. (VZ) Deal -
07/22/16 12:25 PMWhy Yahoo, Verizon Communications and Three Other Stocks Are on the Move Today -
07/22/16 11:43 AMReports: Verizon Could Be Lead Bidder To Acquire Yahoo's Assets - After what seems like years of talks, negotiations and speculation, Yahoo! Inc. (NASDAQ: YHOO) could be days away from announcing the completion of its asset sale to Verizon Communications Inc. (NYSE: VZ). CNBC, citing sources, reported on Friday Verizon is the lead bidder to acquire Yahoo's core internet properties and a ...Full story available on Benzinga.com
07/22/16 10:57 AMREFILE-UPDATE 3-Verizon emerges as front-runner in Yahoo auction -sources - July 22 (Reuters) - Yahoo Inc is focusing on U.S. telecommunications company Verizon Communications Inc as the buyer of its core business after reviewing final bids that it received this week, people...
07/22/16 10:06 AMVerizon emerges as front-runner in Yahoo auction: sources
07/22/16 10:06 AMVerizon nearing deal to acquire Yahoo's core business: Bloomberg
07/22/16 10:06 AMVerizon (VZ) Nears Deal to Acquire Yahoo (YHOO)
07/22/16 10:06 AMCan Verizon (VZ) Spring a Surprise this Earnings Season?
07/22/16 10:06 AMHere Is A Buywrite Strategy for the Upcoming Yahoo! Inc (NASDAQ:YHOO) And Verizon Communications Inc. (NYSE:VZ) Deal.
07/22/16 09:46 AMWhat's Included in a Potential Verizon-Yahoo Deal? - [at Bloomberg] - Verizon Communications is reported to be nearing a $5 billion deal to acquire Yahoo Inc. as the companies enter one-on-one discussions. Bloomberg's Alex Sherman looks at what is potentially included in ...
07/22/16 09:18 AMVerizon nearing deal to acquire Yahoo's core business - Bloomberg - July 22 (Reuters) - Verizon Communications Inc is the lead bidder to acquire Yahoo Inc's core business, Bloomberg reported on Friday.
07/22/16 08:51 AMYahoo focused on selling core assets to Verizon: sources - (Reuters) - Yahoo Inc is focused on selling its core assets to U.S. telecommunications company Verizon Communications Inc after reviewing final bids that it received in an auction, people familiar...
07/21/16 07:34 PMStock Session in the Rear-View for Verizon Communications Inc. (NYSE:VZ) - TGP
07/21/16 07:34 PMTech Stocks Outlines: Verizon Communications Inc. (NYSE:VZ), Fitbit Inc (NYSE:FIT) - share market updates (press release)
07/21/16 07:34 PMVerizon Communications Inc. (VZ) Closes 0.14% Down on the Day for July 20 - Equities.com

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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: $55.87
  • 50 Day Moving Average: $54.52
  • 200 Day Moving Average: $51.66
  • P/E Ratio: 12.67
  • P/E Growth: 4.42
  • Market Cap: $227.74B
  • Beta: 0.25
  • Current Year EPS Consensus Estimate: $3.91 EPS
  • Next Year EPS Consensus Estimate: $4.06 EPS
Additional Links:
Verizon Communications (NYSE:VZ) Chart for Tuesday, July, 26, 2016