Verizon's profit sinks as it loses wireless subscribers

About 58,603 shares traded. It has underperformed by 14.86% the S&P500.

Depending on the earnings numbers reported, Verizon Communications Inc. Therefore 29% are positive. Slate Office REIT has $9 highest and $7.30 lowest target. With the last stock price close down -2.89% from the two hundred day average, compared with the S&P 500 Index which has increased 0.03% over the date range. Verizon Communications had a net margin of 10.42% and a return on equity of 72.75%. If they didn't, they would lose market share. 12,495 Verizon Communications Inc. There is no concrete way to calculate a price target. Vetr has "Buy" rating and $48.62 target. As per Tuesday, August 11, the company rating was upgraded by MoffettNathanson.

03/06/2017 - Verizon Communications Inc. had its " rating reiterated by analysts at BTIG Research. (VZ) to Market Perform with no specific Price Target on 1/25/17. Moving average strategies are also popular and can be tailored to any time frame, suiting both long term investors and short-term traders.

The largest USA wireless carrier shed 307,000 customers in the period, dragging down sales and profit and sending shares sinking early Thursday in NY. The cell phone carrier reported $0.86 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.89 by $0.03.

A number of equities research analysts have recently weighed in on VZ shares. LLP raised its position in shares of Verizon Communications by 0.3% in the fourth quarter. (NYSE:VZ) for 5,437 shares. Finemark State Bank & stated it has 209,182 shares or 0.89% of all its holdings.

01/25/2017 - Verizon Communications Inc. was downgraded to " by analysts at RBC Capital. A "Buy" rating does not mean that every investor should acquire the stock.

Bb&T Securities Llc decreased Johnson & Johnson (NYSE:JNJ) stake by 15,091 shares to 1.02M valued at $119.57M in 2016Q4. Lvw Advisors Limited Liability Corp owns 1.07% invested in Verizon Communications Inc.

Verizon Communications Inc. (VZ) closed -1.65% below its 200-day moving average and is 0.97% above another chart threshold, its 50-day moving average. Pacific Crest restated an "equal weight" rating on shares of Verizon Communications in a research report on Tuesday, January 24th. Letko Brosseau Assoc Inc reported 2.21% of its portfolio in Verizon Communications Inc. The company has market cap of $197.15 billion. The Company, through its subsidiaries, provides communications, information and entertainment products and services to consumers, businesses and governmental agencies. CCI, a leading wireless communication tower operator in the US recently inked a deal to acquire privately-held Wilcon Holdings LLC (Wilcon) for approximately $600 million from Pamlico Capital and other unit holders of Wilcon.

02/13/2017 - Verizon Communications Inc. had its " rating reiterated by analysts at Wells Fargo.

Average revenue per account, including device payments, increased by only $1, to $166 from $165 in the year-ago period. (VZ) produced 74.56 Billion profit.

Verizon shares dropped this morning as the results fell short of analysts' expectations. See Verizon Communications Inc.

Since October 26, 2016, it had 0 insider buys, and 7 selling transactions for $2.88 million activity. The average volume stands around 15.41 million shares. 32,254 Verizon Communications Inc. Shares for $543,385 were sold by Gurnani Roger on Thursday, February 23. SILLIMAN CRAIG L. had sold 668 shares worth $32,926 on Monday, November 21. Analysts play a useful role in our capital markets. (NYSE:VZ). 46,358 were accumulated by Cadence Bancshares Na. It now has negative earnings.

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