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Verizon Communications Inc. (VZ)

NYSE - Nasdaq Real Time Price. Currency in USD
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57.10+0.06 (+0.10%)
As of 1:56PM EST. Market open.
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Trade prices are not sourced from all markets
Previous Close57.05
Open57.01
Bid57.12 x 1100
Ask57.13 x 1400
Day's Range56.66 - 57.15
52 Week Range48.84 - 61.95
Volume11,902,170
Avg. Volume15,930,054
Market Cap236.306B
Beta (5Y Monthly)0.40
PE Ratio (TTM)12.92
EPS (TTM)4.42
Earnings DateJan. 26, 2021
Forward Dividend & Yield2.51 (4.40%)
Ex-Dividend DateJan. 07, 2021
1y Target Est61.73
  • Will Lower Aggregate Revenues Hurt Verizon (VZ) Q4 Earnings?
    Zacks

    Will Lower Aggregate Revenues Hurt Verizon (VZ) Q4 Earnings?

    Verizon (VZ) is expected to have recorded slightly lower aggregate revenues in the fourth quarter year over year, despite disruptions caused by the COVID-19 pandemic, driven by a healthy momentum in its wireless business.

  • GlobeNewswire

    Verizon Business delivers network transformation services to HUB International

    Verizon to build customized managed network services for over 450 HUB offices in the US and Canada, enabling the company to focus on business expansion, rather than managing their network tech.BASKING RIDGE, N.J. and CHICAGO, Jan. 19, 2021 (GLOBE NEWSWIRE) -- Verizon Business announced today that it will deliver managed network services, network as a service (NaaS), to more than 450 HUB offices throughout the US and Canada. By transforming its current infrastructure into a multi-use network managed by Verizon Business, HUB may see improved speed, capacity, and flexibility, helping employees work more seamlessly, while also enabling HUB to better manage the rapid growth of its business. “Working with HUB is testament to Verizon’s ability to leverage our network as a service strategy, delivering on what our customers need most,” said Sampath Sowmyanarayan, President, Global Enterprise, Verizon Business. “Working with HUB on their digital transformation journey, our NaaS strategy will allow them to focus on growing their business, while Verizon handles the management and evolution of their network technology.” Delivering on HUB’s needs, NaaS includes fully-managed Versa Software-Defined Secure Branch (SDSB), combined with Managed LAN and Managed Wireless LAN service which offers the benefits of application-aware routing, global transport agnosticism, and a lighter-edge design. Verizon’s turnkey solution aligns a robust technology suite with a professional services wrapper and dedicated PMO and Network Engineering support to help increase consistency and performance of end-user applications, reduce operational costs, and increase agility, security, and cloud centricity within HUB’s business. “We’ve made significant strides in our efforts to design and build a stable, resilient infrastructure and network to help us work more seamlessly, improving speed, productivity and enhancing our M&A integration and onboarding experience,” said Kuldip Mohanty, HUB International’s Chief Information Officer. “With Verizon, we will continue to redesign our network to improve speed, capacity, and flexibility to all our 13,000+ users.” Verizon Business’s NaaS strategy for enterprise customers utilizes the latest connectivity, network, and security technologies. As these evolve, businesses can have the newest technology almost instantly and can focus on what matters to them most. This digital transformation will benefit HUB now and help future-proof their global business growth moving forward. About Verizon Communications Inc.Verizon Communications Inc. (NYSE, Nasdaq: VZ) was formed on June 30, 2000 and is celebrating its 20th year as one of the world’s leading providers of technology, communications, information and entertainment products and services. Headquartered in New York City and with a presence around the world, Verizon generated revenues of $131.9 billion in 2019. The company offers data, video and voice services and solutions on its award winning networks and platforms, delivering on customers’ demand for mobility, reliable network connectivity, security and control. About Hub InternationalHeadquartered in Chicago, Illinois, Hub International Limited is a leading full-service global insurance broker providing risk management, insurance, employee benefits, retirement and wealth management products and services. With more than 13,000 employees in offices located throughout North America, Hub’s vast network of specialists brings clarity to a changing world with tailored solutions and unrelenting advocacy, so clients are ready for tomorrow. For more information, please visit www.hubinternational.com. VERIZON’S ONLINE MEDIA CENTER: News releases, stories, media contacts and other resources are available at www.verizon.com/about/news/. News releases are also available through an RSS feed. To subscribe, visit www.verizon.com/about/rss-feeds/. Verizon Media Contact: Kyle Ragonesekyle.ragonese@verizon.com732.236.3526@KyleRagonese HUB Media Contact:Marni GordonMarni.gordon@hubinternational.com312.279.4601

  • GlobeNewswire

    Verizon and Unity partner to enable 5G and Mobile Edge Compute gaming and enterprise applications

    Partnership combines 5G, mobile edge computing and real-time 3D technology to facilitate high-speed, low-lag, digital experiencesWhat you need to know: Verizon and Unity partner to enable new digital experiences ranging from entertainment applications to enterprise toolkits using 5G, mobile edge compute (MEC) and real-time 3D technology.5G Ultra Wideband and MEC will be a game changer for real-time 3D entertainment content by offering faster speeds, higher bandwidth and ultra low-latency for industries like gaming, retail, sports and more.The companies will also explore how 5G and MEC can enhance real-time 3D enterprise experiences, transforming the way businesses design, build and operate in a real-time economy. NEW YORK, Jan. 19, 2021 (GLOBE NEWSWIRE) -- Verizon and Unity are partnering to enable new digital experiences ranging from entertainment applications to enterprise toolkits using 5G, mobile edge compute (MEC) and real-time 3D technology. By bringing together 5G Edge MEC services and the unprecedented performance of Verizon’s 5G Ultra Wideband network with Unity’s world-leading platform for creating and operating real-time 3D content, the companies plan to develop offerings for both enterprise clients and entertainment and game developers. The world is moving toward a real-time economy where consumers and enterprises demand computing and content at the speed of thought. Combining Verizon’s 5G and MEC technology with Unity’s real-time 3D development platform can enable a variety of high performance 3D applications without the need for expensive hardware. 5G and MEC are game-changers for rendering rich 3D environments in real time for industries like gaming, retail and sports that demand instantaneous content for consumers. The companies will also take advantage of the faster speeds, higher bandwidth and ultra low-latency provided by 5G Ultra Wideband and MEC to enable interactive 3D applications for enterprises. “We are entering an era of technology-led disruption where 5G and MEC will not only transform the full enterprise lifecycle, it will change the way consumers experience gaming and entertainment,” said Tami Erwin, CEO of Verizon Business. “Every business is accelerating the shift to digital for their employees, supply chain or end-customer experience. So whether you’re an enterprise reimaging how you do business using predictive real time insights, computer vision, machine learning and artificial intelligence, or a mobile gamer who simply wants to download the hottest new game in seconds and enjoy data intensive, multiplayer games conventionally reserved for consoles, the future is happening right now.” “We know the world is demanding high-speed, AAA content, whether it’s an educational augmented reality application or a robot running a simulation of a digital twin,” said Ryan Peterson, VP, Solutions, at Unity. “5G is the key piece for us to facilitate these real-time 3D experiences broadly and to better meet the demands of the real-time economy.” This collaboration is part of Verizon Business’s broader strategy to align with enterprises, startups, universities and government to explore how 5G and MEC can disrupt and transform nearly every industry. Learn more information about Verizon 5G Edge and Verizon’s 5G technology. Verizon Communications Inc. (NYSE, Nasdaq: VZ) was formed on June 30, 2000 and is celebrating its 20th year as one of the world’s leading providers of technology, communications, information and entertainment products and services. Headquartered in New York City and with a presence around the world, Verizon generated revenues of $131.9 billion in 2019. The company offers data, video and voice services and solutions on its award-winning networks and platforms, delivering on customers’ demand for mobility, reliable network connectivity, security and control. About Unity Unity (NYSE: U) is the world’s leading platform for creating and operating real-time 3D (RT3D) content. Creators, ranging from game developers to artists, architects, automotive designers, filmmakers, and others, use Unity to make their imaginations come to life. Unity’s platform provides a comprehensive set of software solutions to create, run and monetize interactive, real-time 2D and 3D content for mobile phones, tablets, PCs, consoles, and augmented and virtual reality devices. The company’s 1,800+ person research and development team keeps Unity at the forefront of development by working alongside partners to ensure optimized support for the latest releases and platforms. Apps developed by Unity creators have been downloaded more than five billion times per month in 2020. For more information, please visit www.unity.com. VERIZON’S ONLINE MEDIA CENTER: News releases, stories, media contacts and other resources are available at https://www.verizon.com/about/media-center. News releases are also available through an RSS feed. To subscribe, visit www.verizon.com/about/rss-feeds/. Media contact:Chris AshrafChristina.moon.ashraf@verizon.com201.320.4259@ChrisMoonPR