Is Verizon overvalued?

The Money Editors

Verizon’s P/E ratio is much lower than that of its archrival AT&T which trades at a 20x multiple; the telecom industry average is 25x as of the third quarter of 2020. That shows analysts feel it may underperform in the next year, however it could also signal the company is undervalued by quite a bit.

Similarly Is Verizon a good stock to own? Verizon’s dividend is secure because of the telecom’s consistent ability to generate free cash flow. Even with lower revenue in 2020, Verizon exited that year with $23.6 billion in free cash flow, up an impressive 32.4% from 2019. In 2021, Verizon amassed free cash flow totaling $17.3 billion through three quarters.

Is VZ dividend safe? Dividend Yield: 4.9%

(NYSE:VZ) is a telecommunications company and it ranks 7th on our list of safe dividend stocks to quit your 9 to 5 job. According to our data tracked for the second quarter of 2021, 63 hedge funds out of 873 held stakes in Verizon Communications Inc.

Additionally, Will Verizon grow?

Verizon Communications Inc. expects revenue growth of about 4% annually in 2024 and beyond, driven by gains from its new 5G mobile phone services. Service and other revenue is expected to grow about 3% in 2022 and 2023 and 4% in 2024, Matt Ellis, chief financial officer, told investors at a conference Thursday.

How many times has Verizon stock split?

Stock splits

Date Split Ratio
2010-07-02 1.066
2008-04-01 1.005
2006-11-20 1.038
1998-06-30 2

Is Verizon a stable company? Verizon’s Q4 2021 results on Tuesday showed stable operational trends, with 2022 initiatives like 5G and Fixed Wireless likely not priced in. The key Consumer Wireless business showed continuing growth in subscribers and revenue per subscriber; net adds accelerated.

Does Verizon have a lot of debt? Verizon has a massive net debt load, which likely represents the company’s biggest weakness. At the end of December 2021, Verizon had $7.4 billion in short-term debt and $143.4 billion in long-term debt that was marginally offset by $2.9 billion in cash and cash equivalents on hand at the end of this period.

What is the safest dividend stock? 10 Safe Dividend Stocks for 2022

Is Chevron a buy now?

Chevron currently has a Zacks Rank of #2 (Buy). Our research shows that stocks rated Zacks Rank #1 (Strong Buy) and #2 (Buy) and Style Scores of A or B outperform the market over the following one-month period.

Which company dividends are safe? HIGH DIVIDEND PAYING STOCKS Companies with High Dividend yield stocks.

Why is Verizon stock losing?

(NYSE: VZ) and AT&T Inc. (NYSE: T) shares are trading lower following reports indicating the companies agreed to delay the 5G rollout following FAA concerns about potential interference with airplane safety systems.

Does Verizon buy back stock? (NYSE, Nasdaq: VZ) today authorized the corporation to repurchase up to 100 million shares of its common stock. Verizon’s previous program, which expires on February 29, 2020, also authorized the repurchase of 100 million shares.

What does Jim Cramer say about Verizon stock?

On CNBC’s « Mad Money Lightning Round, » Jim Cramer said Verizon Communications Inc. is « doing fine. » Although the company is not likely to create huge wealth, but it will result in a nice income stream.

Has Verizon ever done a stock split?

There hasn’t yet been a stock split under the Verizon name .
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Voir aussi
Date Split Level Future Verizon Company
May 1, 1990 2-for-1 Bell Atlantic
June 22, 1990 2-for-1 GTE
Aug. 16, 1993 2-for-1 NYNEX
June 29, 1998 2-for-1 Bell Atlantic

• 9 nov. 2016

When did Verizon stock go public? Verizon began trading on the New York Stock Exchange (NYSE) under the VZ symbol on Monday, July 3, 2000. It also began trading on the NASDAQ exchange under the same symbol on March 10, 2010.

Did Verizon do a stock split? (NYSE:BEL) announced that its board of directors today approved a 2-for-1 stock split of its common shares, payable in the form of a 100 percent stock dividend. The stock dividend is payable on June 29 to shareowners of record as of the close of business on June 1.

Is it hard to get hired at Verizon?

Verizon is a huge company, so the job outlook is competitive and often difficult. If you have the right skills, education, and experience, you can still get the job. You should always research the company and polish your resume accordingly.

Who is Verizon collection agency? Verizon Collections is a debt collection agency. They buy debt from a number of different creditors that have given up on trying to collect the amount themselves (sometimes referred to as a « charge-off »).

How much is Apple’s debt?

According to the Apple’s most recent balance sheet as reported on October 29, 2021, total debt is at $124.72 billion, with $109.11 billion in long-term debt and $15.61 billion in current debt. Adjusting for $34.94 billion in cash-equivalents, the company has a net debt of $89.78 billion.

How much cash does Verizon have? Verizon cash on hand for the quarter ending December 31, 2021 was $9.936B , a 10.61% increase year-over-year. Verizon cash on hand for 2021 was $2.921B, a 86.83% decline from 2020.
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Compare VZ With Other Stocks.

Verizon Annual Cash on Hand (Millions of US $)
2020 $22,171
2019 $2,594
2018 $2,745
2017 $2,079

 

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