VZ Stock Recent News

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Zacks.com users have recently been watching Verizon (VZ) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

FIFA selects VZ's leading-edge network portfolio to offer consistent connectivity and improve fan experience during FIFA 2026 Men's and 2027 Women's World Cup events.

Year-round preparedness, network infrastructure and mobile assets are the foundation of Verizon's response plan for potential Hurricane Helene Year-round preparedness, network infrastructure and mobile assets are the foundation of Verizon's response plan for potential Hurricane Helene

With the Federal Reserve lowering interest rates, generating passive income has become more challenging.

COLUMBIA, S.C., Sept. 24, 2024 (GLOBE NEWSWIRE) -- Verizon Business today announced a new contract with the South Carolina Army National Guard (SCARNG), becoming the primary wireless communications provider of the state-based military component.

IRVINE, Calif., Sept. 23, 2024 (GLOBE NEWSWIRE) -- In light of the Davis Fire that has impacted Washoe County, Nevada, Verizon is reinforcing its commitment to the communities it serves by donating $10,000 to the American Red Cross Northern Nevada Chapter.

Verizon's $20 billion acquisition of Frontier will expand its fiber offerings, enhancing its position in the U.S. telecom market. Strong financial performance with a 3.5% increase in wireless service revenue and a double-digit FCF yield of ~$23 billion annually. Operational growth includes substantial postpaid phone net adds and a turnaround in prepaid net adds, despite a decline in broadband net adds.

VZ appears to be treading in the middle of the road and investors could be better off if they trade with caution.

Verizon's stock has outperformed the S&P 500 over the past quarter, with a 38.4% return, driven by strategic moves and a solid financial performance. The acquisition of Frontier Communications for $20 billion is expected to enhance Verizon's competitive position in the fiber broadband market. Verizon's Q2 FY2024 results showed growth in wireless service revenue, EBITDA, and free cash flow, despite increased interest expenses and modest revenue growth.