* Dish, if they do move forward as a post-pay, has a very large buildout ahead of them. AT&T, Verizon and T-Mobile have already done the heavy lifting with their tower partners. This is virgin territory for Dish.
* Don't lose sight that AT&T is still dealing with DirectTV and the spinoff. This paves the way for a Dish/Directv merger. But it's too little, too late. Don't forget about Elon Musk's Starlink - it will eventually render all direct satellite entertainment services obsolete. More here: https://www.barrons.com/articles/satellite-tv-dish-directv-51642202789
Bottom line - Dish is a company that is in dire straits, and is hanging its hopes on becoming a "me, too" in the wireless phone industry. They don't have the people or the experience in this space, and will eventually get trounced, or swallowed up. It's a short-term blip for the existing cell providers.
You're welcome.
Verizon Communications Inc. recently offered a better-than-expected earnings outlook for the year ahead, but fears linger about how the telecommunications...
Verizon Communications Inc. recently offered a better-than-expected earnings outlook for the year ahead, but fears linger about how the telecommunications...
www.marketwatch.com
K
Downgrade to me is a sign things are about to turn around. I’ve done just fine in the market going against the analysts. It’s when they upgrade and start telling you to buy that you need to worry.
R
Unfortunately, there is a lot of manipulation by the big boys and the little guy (retail investor) usually pays the price, buying high and selling low. Verizon had a solid earnings report so don't be surprised to see this dog bouncing back handsomely tomorrow or the day after.
Jan 25 (Reuters) - Verizon Communications Inc (VZ.N) said on Tuesday it added more wireless subscribers that pay a monthly bill than expected during the fourth quarter as the telecom operator's rapid deployment of its 5G services roped in more customers. Verizon has been aggressively expanding its 5G services, exceeding its year-end target for high-bandwidth 5G network nationwide even as the telecom operator sees a delay in deployment of its lower-frequency spectrum impacting flights. The company's total operating revenue fell 1.8% to $34.1 billion in the quarter ended Dec. 31, excluding the sale of Verizon Media, compared with estimates of $34.01 billion, according to IBES data from Refinitiv. The company added 558,000 subscribers in the quarter, above the average estimate of 546,400 from research firm FactSet. Verizon expects adjusted EPS of $5.40 to $5.55, above analysts' estimates of $5.39 for 2022. The company forecasts wireless service revenue to grow between 9% and 10% in the year.
T
Just wondering how many hundreds of thousands of shares J.P. Morgan is buying now that they have downgraded VZ ????
E
VZ or T for income is a no brainer. Look at payout ratios. T needs to slash that div in half and preserve cash. VZ is less than 50%. Debt load is high but the earliest long term debt doesn't mature until 2028 and was necessary for 5G development. Load up at these levels
A
CFRA MAINTAINS SELL OPINION ON SHARES OF VERIZON COMMUNICATIONS INC. We keep our 12-month target price at $48, applying an EV/EBITDA multiple of 7.6x to our '22 estimate, a slight discount to peers, reflecting VZ's high debt levels. VZ reported Q4 operating EPS of $1.31 vs. $1.21, $0.03 above the consensus. Q4 consolidated revenue declined 1.8% (grew 4.8% after adjusting for the Media sale), with 7.4% growth in the Consumer segment, driven by a 7.7% increase in wireless service and contributions from TracFone, partially offset by a 3.0% decline in the Business segment, due to elevated pressure in both the public sector and wholesale. The Consumer segment reported 336k postpaid phone net adds, 85k wireless prepaid net losses and 51k Internet net adds, while the Business segment reported 222k postpaid phone adds. We believe results in the Consumer segment were supported by heavy promotional activity during the holiday season and note that while phone gross adds were up 11% compared to the same period last year, they were still 15% lower than the '19 level.
S
What good is 5 percent dividend when sp drops nearly that much in 1 day!! You would lose entire year of dividend in 1 day
W
I wouldn’t add to my current position in VZ unless its dividend yielded at least 5% which puts it at $51.20.
A
Earnings tomorrow? Before market or after? Consensus numbers? Thanks
E
Good time to buy/add. Good report yesterday and JP downgrades? They're buying your shares
Q
Do not expect VZ will go up to 55 this year.
y
Deutsche Bank Adjusts Verizon Communications' Price Target to $59 From $57, Maintains Hold Rating
I did manage to pick up some addition $VZ today at $52.25 among other things. VZ is only a $56 stock ultimately, but the 5% dividend is what's attractive. A low beta stock that's better than sitting in cash.
F
LET's PUSH VERIZON INTO the GREEN BY LUNCH ...FILL The DIP..$$
I believe it's pre market they report.. be nice to get a to pop in the price tomorrow.
T
Time to bring FACTS and SCIENCE to the ongoing 5G debate around airports...
Bottom line - altimeters operate at 4.2 to 4.4 GHz. 5G C-band is 3.7 to 3.98 GHz. The FCC established a 200 MHz "guard" band (do the math) to ensure enough space between the two to ensure no interference problems. This follows a practice ALREADY ESTABLISHED in 38 other countries, who to date have NOT HAD A SINGLE INCIDENT with altimeters and 5G rollouts in C-band. Oh, for what it's worth, a LOT of time (2 years) has already been spent studying this issue. Bottom line - NO interference was observed. Here is but one article on the topic; there are several available: https://www.aviationtoday.com/2021/12/23/faa-issues-new-radar-altimeter-5g-c-band-risk-assessment-request-aviation-industry
So here is the REAL question - who did NOT get paid off to get this cleared up? Now THAT is the real question.
Several weeks ahead of the introduction of new 5G C-Band networks, aviation experts are trying to find a long term resolution to the radar altimeter issue.
Several weeks ahead of the introduction of new 5G C-Band networks, aviation experts are trying to find a long term resolution to the radar altimeter issue.
www.aviationtoday.com
M
I think it may be time for some to seriously consider going to the sidelines. When VZ starts to fall, not sure how many other single digit p/e stocks, with a 4% dividend are going to get slaughtered too.
B
Not one rube on multiple cable news channels yesterday or today had the smarts to ask $T or $VZ why is it that T-Mobile doesn’t have 5-G frequency issues on there towers at or around airports in America….if John Legere were still CEO he’d be all over Twitter making that point until CNBC invited him on the speak.
* Dish just signed a 10 year, $5 billion agreement with AT&T to be their MVNO. That doesn't sound like a company that plans on building out its own network any time soon. https://www.fiercewireless.com/operators/dish-signs-5b-mvno-deal-at-t
* Dish did buy some of the 3.45 GHz spectrum that was auctioned at the end of last year. But it was a pittance compared to what AT&T and Verizon spent in the previous auction. More here https://www.theverge.com/2022/1/15/22885320/att-dish-tmobile-5g-spectrum-billions-auction
* Dish, if they do move forward as a post-pay, has a very large buildout ahead of them. AT&T, Verizon and T-Mobile have already done the heavy lifting with their tower partners. This is virgin territory for Dish.
* Don't lose sight that AT&T is still dealing with DirectTV and the spinoff. This paves the way for a Dish/Directv merger. But it's too little, too late. Don't forget about Elon Musk's Starlink - it will eventually render all direct satellite entertainment services obsolete. More here: https://www.barrons.com/articles/satellite-tv-dish-directv-51642202789
Bottom line - Dish is a company that is in dire straits, and is hanging its hopes on becoming a "me, too" in the wireless phone industry. They don't have the people or the experience in this space, and will eventually get trounced, or swallowed up. It's a short-term blip for the existing cell providers.
You're welcome.
Jan 25 (Reuters) - Verizon Communications Inc (VZ.N) said on Tuesday it added more wireless subscribers that pay a monthly bill than expected during the fourth quarter as the telecom operator's rapid deployment of its 5G services roped in more customers.
Verizon has been aggressively expanding its 5G services, exceeding its year-end target for high-bandwidth 5G network nationwide even as the telecom operator sees a delay in deployment of its lower-frequency spectrum impacting flights.
The company's total operating revenue fell 1.8% to $34.1 billion in the quarter ended Dec. 31, excluding the sale of Verizon Media, compared with estimates of $34.01 billion, according to IBES data from Refinitiv.
The company added 558,000 subscribers in the quarter, above the average estimate of 546,400 from research firm FactSet.
Verizon expects adjusted EPS of $5.40 to $5.55, above analysts' estimates of $5.39 for 2022. The company forecasts wireless service revenue to grow between 9% and 10% in the year.
We keep our 12-month target price at $48, applying an EV/EBITDA multiple of 7.6x to our '22 estimate, a slight discount to peers, reflecting VZ's high debt levels. VZ reported Q4 operating EPS of $1.31 vs. $1.21, $0.03 above the consensus. Q4 consolidated revenue declined 1.8% (grew 4.8% after adjusting for the Media sale), with 7.4% growth in the Consumer segment, driven by a 7.7% increase in wireless service and contributions from TracFone, partially offset by a 3.0% decline in the Business segment, due to elevated pressure in both the public sector and wholesale. The Consumer segment reported 336k postpaid phone net adds, 85k wireless prepaid net losses and 51k Internet net adds, while the Business segment reported 222k postpaid phone adds. We believe results in the Consumer segment were supported by heavy promotional activity during the holiday season and note that while phone gross adds were up 11% compared to the same period last year, they were still 15% lower than the '19 level.
Before market or after?
Consensus numbers?
Thanks
Wireless companies giving away free phones.
VZ, T, etc...are all utilities now.
be nice to get a to pop in the price tomorrow.
Bottom line - altimeters operate at 4.2 to 4.4 GHz. 5G C-band is 3.7 to 3.98 GHz. The FCC established a 200 MHz "guard" band (do the math) to ensure enough space between the two to ensure no interference problems. This follows a practice ALREADY ESTABLISHED in 38 other countries, who to date have NOT HAD A SINGLE INCIDENT with altimeters and 5G rollouts in C-band. Oh, for what it's worth, a LOT of time (2 years) has already been spent studying this issue. Bottom line - NO interference was observed. Here is but one article on the topic; there are several available: https://www.aviationtoday.com/2021/12/23/faa-issues-new-radar-altimeter-5g-c-band-risk-assessment-request-aviation-industry
So here is the REAL question - who did NOT get paid off to get this cleared up? Now THAT is the real question.