VZ: Verizon Communications, Inc.
About
Verizon Communications, Inc. is a holding company, which engages in the provision of communications, information, and entertainment products and services. It operates through the Consumer and Business segments. The Consumer segment provides consumer-focused wireless and wire line communications services and products. The Business segment offers wireless and wireline communications services and products, including FWA broadband, data, video and conferencing services, corporate networking solutions, security and managed network services, local and long-distance voice services, and network access to deliver various IoT services and products. The company was founded in 1983 and is headquartered in New York, NY.
Current Value
$42.001 Year Return
Current Value
$42.001 Year Return
Key Details
Market Cap
$176.51B
P/E Ratio
18.08
1Y Stock Return
12.56%
1Y Revenue Growth
0.11%
Dividend Yield
6.99%
Price to Book
1.8
Strategies that include VZ
Stock's related to VZ
Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| T | 72.84% | $163.09B | +40.40% | 4.87% |
| KO | 42.39% | $269.63B | +7.86% | 3.07% |
| LNT | 38.25% | $15.97B | +26.81% | 3.08% |
| CMS | 36.32% | $20.49B | +20.66% | 3.01% |
| DUK | 36.06% | $87.74B | +26.37% | 3.65% |
| NI | 34.96% | $17.32B | +42.68% | 2.86% |
| KMB | 34.11% | $45.22B | +11.57% | 3.58% |
| OGE | 33.56% | $8.67B | +24.45% | 3.88% |
| ED | 33.51% | $33.59B | +7.16% | 3.43% |
| AEP | 33.45% | $51.50B | +23.91% | 3.71% |
| EVRG | 33.14% | $14.71B | +27.45% | 4.01% |
| WEC | 32.87% | $31.33B | +22.40% | 3.38% |
| ETR | 32.82% | $32.14B | +49.00% | 3.05% |
| HSTM | 32.49% | $980.58M | +26.38% | 0.43% |
| AWK | 31.96% | $26.93B | +5.63% | 2.17% |
| AWR | 31.72% | $3.22B | +7.55% | 2.09% |
| BALL | 31.20% | $17.88B | +11.46% | 1.34% |
| PPL | 30.94% | $25.19B | +29.76% | 2.97% |
| RTX | 30.73% | $158.34B | +52.22% | 2.09% |
| CCI | 30.43% | $45.40B | +0.84% | 6.02% |
Uncorrelated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| MRNS | -0.01% | $16.97M | -94.82% | 0.00% |
| HMC | 0.02% | $41.71B | -13.16% | 5.36% |
| HEAR | 0.03% | $300.79M | +44.04% | 0.00% |
| MTRX | 0.03% | $358.21M | +30.13% | 0.00% |
| CBZ | -0.03% | $3.87B | +33.45% | 0.00% |
| GFS | 0.03% | $23.54B | -24.98% | 0.00% |
| GIB.A | -0.04% | $24.72B | +8.31% | 0.00% |
| WK | 0.04% | $5.00B | -3.95% | 0.00% |
| SE | -0.04% | $60.12B | +197.12% | 0.00% |
| AXSM | 0.06% | $4.63B | +61.30% | 0.00% |
| CVM | -0.06% | $41.17M | -73.98% | 0.00% |
| FRO | -0.07% | $4.56B | -7.37% | 9.36% |
| AVDL | 0.08% | $1.03B | -3.16% | 0.00% |
| OSCR | -0.09% | $4.45B | +121.80% | 0.00% |
| HUT | -0.09% | $2.37B | +166.53% | 0.00% |
| APT | -0.10% | $58.84M | +13.35% | 0.00% |
| ATEC | 0.12% | $1.36B | -16.49% | 0.00% |
| CPNG | -0.12% | $43.51B | +49.69% | 0.00% |
| CORT | 0.13% | $5.69B | +113.63% | 0.00% |
| ALLT | 0.15% | $149.73M | +186.40% | 0.00% |
Inversely Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| NVMI | -21.82% | $5.16B | +44.02% | 0.00% |
| SAVA | -21.77% | $1.35B | +25.50% | 0.00% |
| CAMT | -20.47% | $3.40B | +16.39% | 0.00% |
| LRCX | -20.46% | $90.29B | -0.80% | 11.86% |
| AMAT | -19.80% | $139.58B | +13.44% | 0.85% |
| FORM | -19.43% | $2.93B | -1.71% | 0.00% |
| ALAR | -19.11% | $89.09M | +158.08% | 0.00% |
| NTNX | -18.99% | $18.33B | +70.72% | 0.00% |
| QCOM | -18.95% | $182.99B | +29.67% | 2.01% |
| KLAC | -18.73% | $82.35B | +11.80% | 0.98% |
| CLS | -18.73% | $10.10B | +223.71% | 0.00% |
| TRU | -18.71% | $18.91B | +63.07% | 0.32% |
| CDNS | -18.44% | $82.18B | +10.81% | 0.00% |
| S | -17.99% | $8.76B | +59.38% | 0.00% |
| ALKT | -17.27% | $3.80B | +65.83% | 0.00% |
| BBW | -17.01% | $495.83M | +39.52% | 1.63% |
| CORZ | -16.92% | $4.60B | +3,201.26% | 0.00% |
| FUN | -16.89% | $4.60B | -16.51% | 0.00% |
| NOW | -16.82% | $210.55B | +52.92% | 0.00% |
| SNPS | -16.59% | $82.03B | -1.18% | 0.00% |
ETF's related to VZ
Correlated ETFs
| Name | Correlation | AUM | Expense Ratio |
|---|---|---|---|
| SPHD | 44.83% | $3.46B | 0.3% |
| HDV | 44.53% | $11.19B | 0.08% |
| FDL | 44.00% | $4.50B | 0.45% |
| LVHD | 39.65% | $560.70M | 0.27% |
| IYZ | 38.43% | $489.85M | 0.4% |
| CDC | 37.46% | $821.08M | 0.38% |
| SDOG | 35.09% | $1.24B | 0.36% |
| DVY | 34.67% | $20.66B | 0.38% |
| NFRA | 34.50% | $2.47B | 0.47% |
| DIV | 33.81% | $648.02M | 0.45% |
| IDU | 33.79% | $1.43B | 0.39% |
| SPYD | 33.69% | $6.92B | 0.07% |
| FUTY | 33.58% | $1.73B | 0.084% |
| FXU | 33.51% | $341.08M | 0.64% |
| XLU | 33.15% | $16.89B | 0.09% |
| VPU | 32.68% | $6.66B | 0.1% |
| SCHD | 31.69% | $65.70B | 0.06% |
| PEY | 30.65% | $1.24B | 0.53% |
| IYK | 30.31% | $1.30B | 0.4% |
| DHS | 29.83% | $1.20B | 0.38% |
Uncorrelated ETFs
| Name | Correlation | AUM | Expense Ratio |
|---|---|---|---|
| EWN | -0.01% | $252.22M | 0.5% |
| BKCH | -0.04% | $204.99M | 0.5% |
| BITQ | -0.09% | $189.55M | 0.85% |
| WEAT | -0.09% | $120.27M | 0.28% |
| ITEQ | 0.09% | $84.84M | 0.75% |
| SATO | 0.12% | $10.34M | 0.6% |
| JEPQ | -0.12% | $18.60B | 0.35% |
| PDP | -0.14% | $1.38B | 0.62% |
| CIBR | -0.25% | $6.98B | 0.59% |
| HACK | 0.34% | $1.80B | 0.6% |
| MINT | 0.34% | $11.62B | 0.35% |
| KCCA | 0.36% | $220.51M | 0.87% |
| GREK | -0.43% | $180.76M | 0.57% |
| QGRO | 0.46% | $1.02B | 0.29% |
| SHYD | -0.47% | $311.50M | 0.35% |
| NULG | -0.53% | $1.57B | 0.26% |
| XLG | 0.57% | $7.40B | 0.2% |
| QLTY | 0.62% | $1.28B | 0.5% |
| IBHD | 0.63% | $327.80M | 0.35% |
| BOTZ | 0.66% | $2.57B | 0.68% |
Inversely Correlated ETFs
| Name | Correlation | AUM | Expense Ratio |
|---|---|---|---|
| EQLS | -23.42% | $76.08M | 1% |
| HIGH | -21.05% | $302.78M | 0.51% |
| PHDG | -18.50% | $113.97M | 0.39% |
| FFOG | -17.49% | $118.40M | 0.55% |
| PSI | -17.16% | $711.93M | 0.56% |
| SMH | -16.97% | $23.66B | 0.35% |
| IYW | -16.97% | $19.23B | 0.39% |
| IGM | -16.42% | $5.60B | 0.41% |
| VGT | -16.37% | $80.62B | 0.1% |
| QTEC | -16.37% | $3.85B | 0.57% |
| FTEC | -16.29% | $12.59B | 0.084% |
| IGV | -15.81% | $9.18B | 0.41% |
| MGK | -15.70% | $23.81B | 0.07% |
| SOXQ | -15.69% | $490.35M | 0.19% |
| SOXX | -15.63% | $13.20B | 0.35% |
| XLK | -15.22% | $71.43B | 0.09% |
| FEPI | -15.17% | $406.41M | 0.65% |
| JGRO | -14.79% | $3.98B | 0.44% |
| FTXL | -14.78% | $1.31B | 0.6% |
| WINN | -14.70% | $620.54M | 0.57% |
News
Yahoo
High-yielding stocks can be due for cuts to their payouts if a company's underlying financials aren't strong enough to support its dividend payments. Two good examples of stocks that pay more than 6% and can still be ideal long-term options for retirees are Pfizer (NYSE: PFE) and Verizon Communications (NYSE: VZ). A bearish outlook for the future has resulted in Pfizer's stock price tumbling more than 10% this year, despite what has generally been a strong year for the markets.
MarketWatch
Verizon Communications Inc. stock outperforms competitors on strong trading day
SeekingAlpha
Investment activity in October focused on Business Development Companies. Check out my portfolio, my main picks, and my target for 2024.
SeekingAlpha
I have selected Pfizer and Verizon as my top two high dividend yield companies to invest in for November 2024. Click here to read why.
MarketWatch
Verizon Communications Inc. stock underperforms Tuesday when compared to competitors
Yahoo
Many investors are always on the hunt for the next multibagger. The smartest investors, like Warren Buffett, look for steady stocks that can return a lot of capital to shareholders over a long period. Dividend stocks in the S&P 500 can be a good way to play this strategy.
Disclaimer
Information on this page is obtained from our data provider, Xignite, an unaffiliated third party. Double believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate. We also show information based on calculations performed by Double using data from our provider. Double believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.