VZ - How To Earn $500 A Month From Verizon Stock On Heels Of Analyst Upgrade | Benzinga
Verizon Communications Inc. (NYSE: VZ) shares closed higher during Wednesday’s session amid overall strength in the stock market.
Verizon is scheduled to report first-quarter 2024 earnings before the opening bell on April 22, 2024. Analysts expect the New York-based company to report quarterly earnings at $1.12 per share, down from $1.20 per share in the year-ago period. The company is projected to post revenue of $33.33 billion, up from $32.91 billion in the year-earlier quarter, according to data from Benzinga Pro.
On March 22, Redburn Atlantic analyst Steve Malcolm upgraded Verizon Communications from Sell to Neutral and announced a $39 price target.
With the recent buzz around Verizon, some investors may be eyeing potential gains from the company’s dividends. As of now, Verizon has a dividend yield of 6.40%, which is ...