Verizon Communications

Dividend Yield: 4.20%

Verizon Communications (NYSE: VZ) shares currently have a dividend yield of 4.20%.

Verizon Communications Inc., through its subsidiaries, provides communications, information and entertainment products and services to consumers, businesses, and governmental agencies worldwide. The company has a P/E ratio of 66.08.

The average volume for Verizon Communications has been 14,651,500 shares per day over the past 30 days. Verizon Communications has a market cap of $143.7 billion and is part of the telecommunications industry. Shares are up 16.1% year to date as of the close of trading on Monday.

TheStreet Ratings rates Verizon Communications as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, increase in net income, increase in stock price during the past year and expanding profit margins. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated.

Highlights from the ratings report include:
  • Since the same quarter one year prior, revenues slightly increased by 4.4%. Growth in the company's revenue appears to have helped boost the earnings per share.
  • Net operating cash flow has increased to $11,239.00 million or 18.46% when compared to the same quarter last year.
  • The net income increased by 40.1% when compared to the same quarter one year prior, rising from $1,593.00 million to $2,232.00 million.
  • Compared to where it was trading one year ago, VZ is up 16.72% to its most recent closing price of 50.38. Looking ahead, although the push and pull of a bull or bear market could certainly alter the outcome, our view is that this stock's positive fundamentals give it good potential for further appreciation.
  • The gross profit margin for VERIZON COMMUNICATIONS INC is rather high; currently it is at 63.80%. It has increased from the same quarter the previous year.

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