Verizon Communications Inc. (VZ) Stock

About Verizon Communications Inc.

Verizon Communications Inc. operates as a prominent global provider of diverse communication, technology, information, and entertainment solutions, catering to individuals, enterprises, and government entities worldwide through its various divisions. Its Consumer segment focuses on individual customers, supplying a broad spectrum of mobile service options, including both subscription-based (postpaid) and pay-as-you-go (prepaid) plans. This segment also facilitates internet access for portable devices such as laptop computers and tablets, and offers a variety of wireless hardware, ranging from smartphones and traditional mobile handsets to advanced wireless-enabled gadgets like tablets and smartwatches. Additionally, it delivers essential residential fixed connectivity services, which encompass internet, television, and voice communication. Verizon also extends its network capabilities by providing access to mobile virtual network operators. As of December 31, 2021, this segment reported approximately 115 million wireless retail connections, 7 million wireline broadband connections, and 4 million Fios video connections. The company's Business segment is dedicated to providing enterprise-level solutions. It offers comprehensive network connectivity products, including private networking, private cloud integration, virtual and software-defined networking, and high-speed internet access services. This segment further delivers sophisticated internet protocol-based voice and video communication tools, unified communications and collaboration platforms, and specialized customer contact center solutions. Beyond core connectivity, it provides a suite of managed services and data security offerings. Its extensive portfolio also covers domestic and international voice and data services, such as calling, messaging, conferencing, advanced contact center functionalities, and dedicated private line and data access networks. Moreover, the Business segment furnishes customer premises equipment, along with essential installation, maintenance, and on-site support services, and a wide array of Internet of Things (IoT) products and services. By December 31, 2021, this segment had approximately 27 million wireless retail postpaid connections and 477 thousand wireline broadband connections. Verizon Communications Inc. was incorporated in 1983 and holds its corporate headquarters in New York, New York. The company, which was originally known as Bell Atlantic Corporation, officially adopted its current name in June 2000.

Verizon Communications Inc. is led by CEO Daniel H. Schulman, employs 99,400 people, headquartered in New York City, US, publicly traded since 1983.

Verizon Communications Inc. (VZ) stock trades at $47.22 with a market capitalization of $197.17B. The stock is valued at a price-to-earnings (P/E) ratio of 11.18, price-to-book of 1.85, price-to-sales of 1.38. Over the past 52 weeks the stock has ranged between $38.39 and $51.68, and currently trades 8.6% below its 52-week high. It pays a dividend yielding 6.03%.

On profitability, Verizon Communications Inc. generates a return on equity (ROE) of 17.20%, above the typical market average, return on capital employed of 27.67%, an operating margin of 21.22%, a net profit margin of 12.46%.

In its most recent fiscal year, Verizon Communications Inc. reported annual revenue of $138.2B, net profit of $17.2B, revenue has compounded at 1.5% a year over the last five years, profit at -0.7% a year.

The balance sheet shows a debt-to-equity ratio of 1.90, a current ratio of 0.91, total assets of $404.3B, $19.0B in cash and equivalents.

VZ has an average daily trading volume of 27,222,535 shares, a beta of 0.22 (less volatile than the overall market).

Official website: www.verizon.com