Verizon reports 20 percent fall in quarterly profit

Amid competition Verizon loses key customers for first time

Slate Office REIT had 4 analyst reports since August 11, 2015 according to SRatingsIntel. The research firm Upgrade the stock to Buy. FBR Capital Downgrades the company's stock to Market Perform on 1/25/17 by setting a price target of $52. The rating was downgraded by Zacks to "Hold" on Monday, September 7. The firm has a market capitalization of $198.21 billion, a PE ratio of 15.15 and a beta of 0.43.

01/24/2017 - Verizon Communications Inc. had its "market perform" rating reiterated by analysts at Cowen. (NYSE:VZ) to report EPS of $0.98 for the quarter. Over the 52-week time span, the stock notched a high price of $56.95 and its minimum price was $46.01.

Looking about the past performance history, the company jumped 0.31% in past week and declined -1.29% in one month. Verizon Communications's dividend payout ratio (DPR) is now 71.74%.

The top gainer with a security that increased in price during today's trading was Verizon Communications Inc.

Analysts, on average, forecast earnings of 97 cents a share and revenue of $30.57 billion.

Shares of Verizon (VZ, Tech30) fell almost 1.5% on the news. Lowe fs LLC now owns 2,426 shares of the cell phone carrier's stock worth $126,000 after buying an additional 70 shares during the last quarter. (NYSE:VZ). 31,506 are owned by Pineno Levin Ford Asset. Therefore 29% are positive. 21 have given the stock a Hold rating, 1 as Underperform and 0 as Sell. The company was maintained on Monday, April 18 by Barclays Capital. Ruggie Capital Group increased its stake in shares of Verizon Communications by 0.3% in the third quarter.

Since then, Verizon has spent more than $10 billion on smaller deals such as AOL and Yahoo Inc., but neither deal is enough to move the needle. VZ rose 1.4%, plunged -1.16% and advanced 0.12% in the week, one month and six months, respectively. (NYSE:VZ) on Wednesday, October 21 with "Buy" rating. Hilliard Lyons downgraded the stock to "Neutral" rating in Wednesday, July 27 report.

EPS growth for this year is -26.50% and EPS growth for next year is expected to reach at 2.74%. The insider SILLIMAN CRAIG L. sold $30,293. The consensus recommendation by Thomson Reuters analysts is Outperform and their mean rating for the stock is 2.24 on scale of 1-5. 12,495 shares were sold by Skiadas Anthony T, worth $603,134 on Tuesday, February 14.

Investors sentiment increased to 1.11 in 2016 Q4.

A moving average (MA) is a trend-following or lagging indicator because it is based on past prices. Further VZ is testing a 5G fixed wireless service with equipment maker Ericsson in 11 USA markets and expects a commercial launch as early as 2018.

Verizon Communications Inc.'s ROI is valued at 15.10% relatively measuring the profitability on the investment. (NYSE:VZ). Skba Cap Management Limited Company stated it has 405,865 shares. WALDEN MARNI M also sold $1.61M worth of Verizon Communications Inc. (NYSE:VZ) was sold by Gurnani Roger. Ferguson Wellman Capital reported 633,551 shares or 1.38% of all its holdings. The analysts offering Earnings Estimates for the company were believing that Verizon Communications Inc. (NYSE:VZ) for 1.41 million shares. Keating Inv Counselors Inc reported 122,492 shares. 6,840 were accumulated by Nottingham Advsrs Inc. Bokf Na has 396,184 shares. Evercore ISI initiated coverage on shares of Verizon Communications in a research report on Monday, January 30th. Out of the 17 covering sell-side analysts giving share ratings for Verizon Communications Inc. Verizon is also lagging key rival AT&T (T, Tech30) - although Ma Bell's shares are down 5% in 2017. Firefly Value Partners LP has invested 0.05% in Verizon Communications Inc. (NYSE:VZ) for 57,258 shares. Tortoise Investment Management LLC raised its position in shares of Verizon Communications by 35.3% in the fourth quarter.



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