Verizon Communications Inc (VZ)

[ITMS]

This Leading Telecom Stock Will Look Attractive Here

Verizon Communications (NYSE:VZ) is a leading provider of communications, information and entertainment products and services to consumers, businesses and governmental agencies. The stock peaked out on January 25, 2018 at $54.77 a share. Since that high pivot, the stock has fallen down to $48.59 a share. Traders should note that the current share price is trading below its important 50-day moving average. This puts the stock in a weak technical chart position and potentially signals further downside near term. The next major support area for VZ stock will be around the $45.00 level. This is where the stock was defended in November 2017 and it will likely be defended again when retested.





Nicholas Santiago
InTheMoneyStocks

[cellardwellar]

At&t is a disgusting company!!! With the help of fibertower bondholders they are stealing millions of dollars from fibertower shareholders. The fibertower deal was NOT done in a respectful manner!!!!.

[cintrix]

Not sure what the big deal is with this feature. I already have the Netflix app on my tv so why would I need to have this channel?

2018's Best Resolution: Netflix on 100% Fiber-optic Verizon Fios Netflix access now available via Fios TV channel 838; Verizon launches one-year free Netflix offer

BASKING RIDGE, N.J., Feb. 13, 2018 (GLOBE NEWSWIRE) -- Fios Internet/TV customers with Multi-Room DVR Enhanced or Premium service can now stream Netflix originals like Stranger Things 2 along with hundreds of popular movies and acclaimed TV shows directly from their Fios Interactive Media Guide as subscription access to Netflix is now available on Fios TV channel 838*. Existing Fios Internet/TV customers who currently have Multi-Room DVR Enhanced or Premium service do not require additional equipment to enjoy access to Netflix. Switching between Fios TV and Netflix is easy. Customers can simply go to channel 838 to launch Netflix, sign in using their existing Netflix credentials, and start streaming their favorite movies and shows. Sign-in credentials will be saved on the set-top box for future visits. Fios Multi-Room DVR Enhanced or Premium Service provides the ultimate DVR experience, with more storage and advanced features than ever before. Subscribers can watch TV on their time. Record multiple shows at the same time, store, and watch playback from any room in the house with a set-top box. Recorded content is also accessible via the Fios Mobile app, which is included with every Fios TV subscription. Netflix is on us for 1 year It's time to 'fiber-optics your Netflix' and experience the shows you love best on the 100% fiber-optic network. Right now, Netflix is on us for 1 year when you switch to Fios triple play for just $79.99 per month online and we'll give you a 2-year price guarantee with a 2-year agreement**. Even if you already have a subscription to Netflix we'll cover the costs (up to $10.99/mo. for 12 mos.) so you can stream Netflix on the network it deserves. To learn more about Multi-Room DVR service, or to take advantage of more limited time Netflix offers, visit verizon.com/Netflix. *Customers must have Fios Multi-Room DVR Enhanced or Premium service, along with both Fios Internet and TV services, and a Netflix subscription. **Plus taxes, equipment charges and other fees. Verizon Communications Inc. (NYSE:VZ) (Nasdaq:VZ), headquartered in New York City, generated $126 billion in 2017 revenues. The company operates America's most reliable wireless network and the nation's premier all-fiber network, and delivers integrated solutions to businesses worldwide. Its Oath subsidiary reaches about one billion people around the world with a dynamic house of media and technology brands. 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/. Media contact: Mike Murphy 781-932-1213 [e-mail] @MikeMurphyPR (END) Dow Jones Newswires February 13, 2018 11:00 ET (16:00 GMT)

[cintrix]

Some upgrades:

-Verizon stock price target raised to $58 from $52 at SunTrust
-Verizon Price Target Raised to $58.00/Share From $55.00 by Bank of America
-Verizon Is Maintained at Buy by Bank of America 

[DeerBalls]

VPLM $Multi-Billion suit vs vz gonna hurt!

[cintrix]

Verizon Tops Revenue Views, Forecasts Low-Single-Digit EPS Growth

REINHARDT KRAUSE
7:52 AM ET

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Verizon Communications (VZ) said Tuesday that adjusted fourth-quarter earnings were 86 cents a share, flat vs. a year earlier and below expectations. Revenue rose 5% to $34 billion, topping consensus forecasts. Analysts expected Verizon to report earnings of 88 cents on sales of $33.25 billion for the period ended Dec. 31. Verizon said it added 647,000 postpaid phone subscribers in the December quarter.

Shares in the telecom services giant rose 1% to 53.98 in early trading on the stock market today. In Monday's session, shares rose nearly 3% to 53.46, a 12-month high, at the edge of a recent buy range.

For 2018, the Dow industrials component forecast that full-year consolidated revenues will grow at low-single-digit percentage rates. Excluding the impact from the new revenue recognition standard, Verizon said it is on track to achieve year-over-year wireless service revenue growth by the middle part of 2018.

Verizon said it expects low single-digit percentage growth in adjusted EPS, which includes the dilutive impacts from a full year of depreciation and amortization costs from 2017 acquisitions.

Shares of rival AT&T (T) rose a fraction in premarket trading.https://www.investors.com/news/technology/verizon-revenue-tops-views-forecasts-low-single-digit-eps-growth/?src=A00220&yptr=yahoo

[cintrix]

What a day! Now if it can just maintain these gradual increases.

[cintrix]

Verizon Communications to report earnings January 23

[cintrix]

Verizon announces new streaming partnership with A&E Networks\https://finance.yahoo.com/m/c550fcd2-511a-3953-bceb-7babb36e069d/verizon-announces-new.html

[cintrix]

Verizon, Samsung Will Team Up to Bring Faster 5G to California
https://finance.yahoo.com/m/13719afe-db74-37ca-824b-0502bb615d19/%5B%24%24%5D-verizon%2C-samsung-will.html

[cintrix]

Verizon will launch over-the-top service before year-end with NFL as key piece, analyst predicts

Nomura upgrades Verizon to buy from neutral and increases its price target on the telecom company to $61, citing the company's potential new streaming service.
Verizon stock is up more than 15 percent in the past month on hopes of tax cuts, according analyst Jeffrey Kvaal, who said the GOP tax plan could drive the company's earnings higher.
The addition of LTE Advanced and 5G in 2018 should lower the cost per gigabyte of data by a factor of 10x, explained the analyst, spelling greater savings for Verizon.

https://www.cnbc.com/2017/12/12/verizon-will-launch-over-the-top-service-nomura-instinet-predicts.html?__source=twitter%7Cmain

[cintrix]

Verizon and NFL reach digital streaming agreement
[Reuters]
ReutersDecember 11, 2017

NEW YORK, Dec 11 (Reuters) - Verizon Communications Inc and the National Football League have reached an agreement for a multi-year digital streaming deal, Verizon said on Monday.

Under the five-year deal, Verizon renews its agreement to stream NFL games on its mobile devices but loses its exclusive rights to the airings.

"Verizon's portfolio of premium digital and mobile media properties, including Yahoo Sports, will stream in-market and national games, including national pre-season, regular season, playoff games, and the Super Bowl nationwide to sports fans – regardless of mobile network," Verizon, the no. 1 U.S. wireless carrier, said in a statement.

The partnership takes effect in January.

The financial terms of the agreement were not disclosed.

(Reporting by Alana Wise; Editing by Peter Cooney)

[cintrix]

Verizon's Stock May Rise More Than 15% in 2018 By Michael Kramer | November 28, 2017 — 6:00 AM EST

(Note: The author of this fundamental analysis is a financial writer and portfolio manager. He and his clients own shares of VZ.)

Could 2018 be the year that Verizon Communications Inc. (VZ
VZ
Verizon Communications Inc
50.18
+2.79%
) breaks out of its nearly five-year period of going nowhere? The options market is suggesting that shares of Verizon could rise almost 18% in 2018, while the technical setup would indicate that an increase over $50.50 would trigger a technical breakout. Should a technical breakout occur, the stock could rise towards $56.00 in 2018, an increase of just over 18% from the current stock price around $47.35. (For more, see also: Verizon Stock Is Ready to Break Out of Its Slump.)

Over the past five years, even with the dividend, Verizon has delivered a total return of only 38%, versus an S&P 500 that has risen by nearly 86% and the S&P 500 Total Return Index, including dividends, of almost 106%. Surely the poor performance of Verizon shares have been disappointing and not worth owning over the past five years.

Some traders are making a bet that the outlook will start improving in 2018 for the telecom giant using the call options set to expire on January 18, 2019. The strike prices ranging from $45 to $55 have a notional value of roughly $15.5 million in total open interest. This is no small bet, especially considering the time decay of the options due to the length of time. The $55 call options trade at a price of approximately $0.86, implying the price of Verizon's stock needs to rise to $55.86 just to break even.



Due to the length of time until expiration, the options carry an expensive premium. This is because as time moves forward, the value in the options will decline, meaning the premium for the options will decrease due to time decay. It makes betting on a stock that has gone nowhere in nearly five years a risky bet to a buyer of the calls. (For related reading, see: Why Verizon May Need to Buy CBS and Viacom.)
Technical Breakout

Should shares of Verizon rise above $50.50, it would trigger a technical breakout in the stock. The stock has traded in a range between $44 and $54 since 2012. However, shares have been trending lower since June of 2016. A rise above $50.50, taking the stock above that downtrend, will lead to the breakout. This would send shares higher up towards $54.50—an old resistance level. But this time around it would seem possible for shares to rise above resistance on towards the previous highs of $56.

Perhaps things are looking up for Verizon in 2018, but there is a long way to go. At least for now, the technicals and the traders are suggesting shares will rise.

Michael Kramer is the Founder of Mott Capital Management LLC, a registered investment adviser, and the manager of the company's actively managed, long-only Thematic Growth Portfolio. Kramer typically buys and holds stocks for a duration of three to five years. Click here for Kramer's bio and his portfolio's holdings. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Upon request, the advisor will provide a list of all recommendations made during the past twelve months. Past performance is not indicative of future performance.



Read more: Verizon's Stock May Rise More Than 15% in 2018 | Investopedia https://www.investopedia.com/news/verizons-stock-may-rise-more-15-2018/#ixzz4zq4iI1H8
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[Ecomike]

With 5G deployment at hand one way to play the telecoms is to look at AT&T contractors like the one, Aws, that was just bought by Mvtg that has long term contracts with AT&T and Verizon?

[cintrix]

we shall see - let the bidding wars begin...or continue lol

But it’s not just Comcast and Disney that are apparently interested in scooping up most of Fox. According to Reuters, telecommunications behemoth Verizon VZ is also said to be exploring a deal; its sources said Fox’s assets could give the company ownership of movies and television shows to stream to its mobile subscribers. While a movie studio would be quite a departure for Verizon, content from the likes of Fox could a smart way to spice up its upcoming streaming service as well as boost the company’s targeting advertising.
https://finance.yahoo.com/news/bidding-war-21st-century-fox-202208390.html

[cintrix]

DJ Verizon Raised to Outperform From Market Perform by Wells Fargo VZ

[pennystockaholic]

It only in talks right now. I call it bluff to expose the true value of the stock. Don't get your hopes up 2 high.

[cintrix]

Comcast, Disney, Fox: Urge to Merge is Questionable, Says Media Reporter Auletta
By
Tiernan Ray
Nov. 17, 2017 1:18 p.m. ET

Shares of 21st Century Fox (FOXA) are up $1.12, or almost 4%, as rumors continue to swirl about multiple parties being interested in buying parts of the company.

Yesterday afternoon came reports of Comcast (CMCSA) being interested in proprieties of Fox, following speculation last week about Walt Disney (DIS) being a bidder. And Verizon Communications (VZ) is also apparently in the mix.



CNBC’s David Faber a short while ago reported that talks between CNBC’s parent Comcast and Fox are ongoing, while talks with Disney are of a “low intensity.”

As for Verizon, “It’s not clear there’s anything real there, in terms of real interest,” he said.

Said Faber, without citing sources, people are saying Fox is concerned it cannot compete in a media landscape of increasing scale, meaning not just Comcast and Disney but also the Internet giants such as Amazon (AMZN).

Faber noted that “anti-trust questions are all over this,” in the sense that regulators, already scrutinizing AT&T’s (T) bid for Time-Warner (TWX), may not want to allow further media consolidation by Comcast, which already owns NBC-Universal, and Disney.

The segment featured an appearance by noted media observer Ken Auletta of The New Yorker. Auletta expressed puzzlement about the notion Fox would sell its television production unit, noting that the Fox cable network is in the enviable position of owning the TV shows it programs. Auletta also questioned the logic of scale.

Citing the acquisition of Time Warner by AOL in the previous decade, Auletta said “very often scale can work against you, making you less able to move quickly."

Note that Fox's executive chairman, Rupert Murdoch, is also executive chairman of News Corp (NWSA), parent of Dow Jones & Co., the owner of Barron's.
https://finance.yahoo.com/m/c8163446-d36c-3364-898e-047e49139963/comcast%2C-disney%2C-fox%3A-urge-to.html

[Mokyo Toe]

Yield is now 5.27% and rising. I can't resist adding a few here.

The scuttlebutt here is that with the Sprint/T-Mobile deal off, prices are going to fall industrywide. This could have the result of lowering revenues and might affect the dividend down the line. However, it is absolutely not a given; it is just speculation. Verizon can minimize any price reduction with improved service; there is also a limit as how low wireless rates can go, if they even do fall.

I think VZ will weather the storm. I also think analysts are overestimating any projected price declines.

Either way, we will see the signs long before anything happens. I think it's worth holding on for now.

[cintrix]

Actually I think it is an industry drop because of Tmobile and Sprint called off merger talks.

[cintrix]

Maybe the Sprint partnership with Altice?

[Brett17]

So what is causing the massive price drop today?

[Mokyo Toe]

Market doesn't like Moody's Baa1 rating for the new notes:

https://www.moodys.com/research/Moodys-rates-Verizons-new-notes-Baa1--PR_374426?WT.mc_id=AMRG93X0pvbmVzX05ld3NSb29tX1

Divvy yield is almost at 5% again; might be a good time to buy soon.

[cintrix]

Wow, that stinks. Could be a ploy to get them to lower their fee. How many times have we seen this with both Cablevison and Verizon?

[Zboricua]

Over 12 Spanish Channels dropped. Univision was the major player lost.

[cintrix]

Univision?

[Zboricua]

In Honor of Hispanic Heritage Month Verizon drops most of Spanish Channels

[cintrix]

Looks like someone is working real hard to promote their website.

[cintrix]

Verizon Meets Earnings Estimates as Sales of $31.7B Top Forecasts
[TheStreet.com]
Chris Nolter
TheStreet.comOctober 19, 2017

Verizon Communications Inc. (VZ) posted third-quarter earnings in line with Wall Street expectations on Thursday, Oct. 19. The company reported non-GAAP earnings of 98 cents a share, while analysts expected non-GAAP earnings of 97 cents, according to FactSet. Revenue of $31.7 billion grew 2.5% from the third quarter a year ago and topped forecasts of $31.4 billion. Verizon said that the storms in Florida and Texas reduced earnings by 1 cent a share. Shares of Verizon rose 2.2% in premarket trading on Thursday. Operating revenue from wireless services -- a closely watched figure for wireless carriers -- declined 5.1% from a year ago to $15.8 billion. However, Verizon said that service revenue increased from the prior quarter for the first time in three years.

The company added 274,000 net post-paid phones, topping forecasts of 195,000.

Verizon lost 18,000 net FiOS video subscribers during the quarter, which the telecom attributed to cord-cutting as traditional pay-TV customers shift to online services. Total video subscribers came to 4.6 million.

Chief Finacncial Officer Matt Ellis will address the financials in a call at 8:30 a.m. ET. Investors will listen for details about the impact of less generous iPhone promotions this year, the telecom's preparations for 5G, and the fallout from a larger-than-previously-announced data breach at Yahoo!

The third quarter is also the first full earnings period in which Yahoo! has been a part of Verizon's Oath digital media platform. https://finance.yahoo.com/m/ac93d9df-74c2-3fb0-98ac-881ac242031d/ss_verizon-meets-earnings.html

[cintrix]

Verizon announces tender offers for five series of its notes
https://finance.yahoo.com/news/verizon-announces-tender-offers-five-102300514.html

[cintrix]

Verizon (VZ) to Shut Down Legacy Voice Services in 7 States
https://finance.yahoo.com/news/verizon-vz-shut-down-legacy-115711060.html

[OTC Shark]

finally topping that 50 mark

[OTC Shark]

lol we gonna top 50 today?

[venturecapp]

GTX Corp to Enable GPS SmartSoles on the Verizon Network

LOS ANGELES, CALIFORNIA , Sept. 12, 2017 (GLOBE NEWSWIRE) -- GTX Corp (GTXO), an Internet of Things (IoT) solutions provider in the personal location, wearable and wandering assistive technology business, announced today that it has partnered with ORBCOMM Inc. (ORBC), a leading global provider of Machine-to-Machine (M2M) and IoT solutions, to provide connectivity and distribution in the U.S. for its new Verizon GPS SmartSole® product.
SmartSole, which is launching this week, will be available for order on the ORBCOMM web platform, which will enable connectivity on the Verizon nationwide network as well as provide monthly billing services.
GTX Corp's patented GPS SmartSoles, the world’s first wearable yet invisible tracking technology, are placed in the wearer’s shoes and contain a GPS module connected through a cellular network that sends a GPS location to a central monitoring website or app. The product was initially created as a wander guard solution for those at risk due to Alzheimer’s, dementia, autism or traumatic brain injury and have a tendency to wander or become lost or disoriented. SmartSoles come in several trim-to-fit sizes for both men and women, are water resistant, include an inductive charging pad, and are assembled in Rhode Island, U.S.A. They can also be used by people at risk of kidnapping, such as government employees, journalists and corporate executives.

[OTC Shark]

still here looks like 50$ is within reach today

[cintrix]

Rah ree, kick 'em in the knee - Rah ras, kick 'em in the other knee!

[Tutu]

Booyah

[cintrix]

Looks like VZ hit that 49 price target that came out a few days ago.

[Tutu]

Nice close

[Tutu]

Good day we had keep moving up after hours

[Pipers]

Excited to get started!

[Tutu]

UP PREMARKET

[Tutu]

I got in last week last to ger the dividend

[conix]

Should Verizon’s Dividend Hike Be Viewed as a Disappointment?

By Jon C. Ogg September 7, 2017 2:05 pm EDT


Raising your dividend is supposed to be a good thing. After all, close to half of total returns over the long haul come from dividends. In the world of the old, established telecom giants, dividend hikes are now just expected. Verizon Communications Inc. (NYSE: VZ) just announced that it has raised its dividend for the eleventh straight year.
Unfortunately, Wall Street took the opportunity to yawn on the news. Was the divided hike a disappointment? No, but outside news and tertiary media news may have weighed on what would have otherwise been good news. The fear of cable and television subscriber issues around a tech and media conference is weighing more than other news about the dividend hike.

Verizon’s quarterly dividend was raised by $0.0125 (a 2.2% hike) to $0.59 per outstanding share per quarter. That will generate an annual payout of $2.36 per share. If this hike is even followed by a mere penny hike in 2018, then it will slightly exceed the Thomson Reuters consensus dividend estimate.

With a $46.50 share price, Verizon’s dividend yield will jump up to 5.07% for new investors. That also values Verizon at only 12.3 times the consensus expected 2017 earnings per share estimate from Thomson Reuters.
Again, if shares fell should this be a disappointment? Maybe being down almost 1% sounds bad, but rival AT&T is down more — and Disney and Comcast were both down more with media shocks after subscriber and earnings pressure were shown at the Bank of America Merrill Lynch 2017 Media, Communications & Entertainment Conference.

AT&T Inc. (NYSE: T) has a share price of almost $36.00 after falling 1.6%, and its dividend yield is now 5.44%.

Verizon signaled that the higher dividend payout is payable on November 1, 2017, to holders of record at the close of business on October 10, 2017. If Verizon has approximately 4.1 billion shares of common stock outstanding, the company’s new annualized dividend commitment to shareholders will be almost $9.7 billion.

Verizon shares have a 52-week trading range of $42.80 to $54.83, and the consensus analyst target price from Thomson Reuters is $49.59.
AT&T shares have a 52-week range of $35.81 to $43.03 and a consensus target price of $41.00.

[cintrix]

Cheap, Cheaper, Verizon
https://seekingalpha.com/article/4105344-cheap-cheaper-verizon




















Expand Portfolio
Cheap, Cheaper, Verizon















Expand Portfolio
Cheap, Cheaper, Verizon

















Expand Portfolio
Cheap, Cheaper, Verizon

[cintrix]

DJ Verizon Raises Dividend; Yields 5.1%, But Not Without Risk -- Barron's Blog

Sep 07, 2017 15:33:00 (ET)




By Amey Stone

Verizon Communications ( VZ) upped its dividend a small amount on Thursday, attracting little notice from investors.

The board increased the quarterly dividend to 59 cents a share from 57.7, a 2.2% increase that brings the dividend yield to 5.1%.

The new dividend is payable on November 1 to shareholders of record on October 10. It's the 11th year in a row that Verizon has increased the dividend.

Investors weren't encouraged to buy the stock, however. Shares drifted lower and were down 75 cents, or 1.6%, to $46.16 in late afternoon trading.

The decline may have been partly due to a Morgan Stanley report that suggested investors should stay in utilities rather than rotate into telecoms, like Verizon.

Analysts wrote:


Why we prefer utilities. We think they face limited downside risk from a sector de-rating, while telcos offer limited upside relative to utilities. Quantitative factor analysis confirms the diverging risk profiles of the sectors, as well as yield spreads vs. the 10-year treasury. We favor NextEra Energy (NEE) (rated Oveweight) over VZ (also Overweight) given a higher free cash flow (FCF) yield, clearer avenues for growth, and less fundamental business risk.


More at Barron's Income Investing blog, http://www.barrons.com/income-investing


(END) Dow Jones Newswires

September 07, 2017 15:33 ET (19:33 GMT)

[cintrix]

Verizon increases dividend for 11th consecutive year
[PR Newswire]
PR NewswireSeptember 7, 2017

NEW YORK, Sept. 7, 2017 /PRNewswire/ -- The Board of Directors of Verizon Communications Inc. (NYSE, Nasdaq: VZ) today declared a quarterly dividend of 59 cents per outstanding share, an increase of 1.25 cents per share, or 2.2 percent, from the previous quarter.
Verizon Communications Inc.
Verizon Communications Inc.

The quarterly dividend is payable on Nov. 1, 2017, to Verizon shareowners of record at the close of business on Oct. 10, 2017.

This is the 11th consecutive year Verizon's Board has approved a quarterly dividend increase.

Verizon has approximately 4.1 billion shares of common stock outstanding. The company made $4.7 billion in cash dividend payments in the first half of 2017.

Verizon Communications Inc. (NYSE, Nasdaq: VZ), headquartered in New York City, has a diverse workforce of 163,400 and generated nearly $126 billion in 2016 revenues. Verizon operates America's most reliable wireless network and the nation's premier all-fiber network, and delivers integrated solutions to businesses worldwide. Its Oath subsidiary houses more than 50 media and technology brands that engage about 1 billion people around the world.

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/.

Media contact:
Bob Varettoni
908.559.6388
[e-mail]

[Cryptocol]

+1 same here

[pennystockaholic]

Pretty much

[Dreamchaser007]

That's why we are here