Verizon Communications exhibits several indicators of strong future performance, including consistent
dividend increases for 18 consecutive years. Their plans to
acquire Frontier Communications in a whopping
$20 billion deal has drawn attention from investors and analysts alike. Although the buyout met adverse reactions from some quarters, citing 'an atrocious idea', Citi analysts perceives a favorable industrial logic underlying the deal. The acquisition positions Verizon as a significant player in the fiber network arena, which could be lucrative amidst the telecom industry 'convergence' battle. Despite market-wide slips, Verizon's stock showcased resilience and even ascended, outperforming other stocks. However, some analysts forecast potential
regulatory challenges with the Frontier acquisition. Dividends will be improved simultaneously providing a good return for the stockholders, although some financial analysts express concerns about the return trends and capital returns at Verizon Communications. A high ownership of 64% of Verizon’s stock among institutional investors reflects confidence in the company’s potential.
Verizon Communications VZ News Analytics from Tue, 23 Jan 2024 08:00:00 GMT to Sun, 08 Sep 2024 13:40:57 GMT -
Rating 2
- Innovation -4
- Information 8
- Rumor -6
