Why is Verizon stock more expensive than AT&T?
AT&T is cheaper for obvious reasons
Verizon trades at 11 times forward earnings, while AT&T has a forward P/E ratio of 9. However, AT&T’s stock is cheaper because its business is messier, its growth rates are lower, and its plans for the future are murkier.
Is AT&T a good buy in 2021?
AT&T experienced a strong first half in 2021 with revenue of $88 billion compared to $83.7 billion in 2020, thanks to strength in its telecom business. … Data source: AT&T. Chart by author. Strong subscriber gains propelled AT&T’s service revenue growth.
Is Verizon a good value stock?
Is Verizon Overvalued? Based on its last traded price of $56.39 as of June 21, 2021, Verizon Communications is valued by the market at consensus forward FY 2021 and FY 2022 EV/EBITDA multiples of 7.8 times and 7.5 times, respectively.
Is Verizon a good company to invest in?
Verizon is in a good place to see continued revenue growth with 5G adoption still in its early days. The many positives in its business outweigh its increased debt load and loss of Verizon Media income. These factors make it a worthy investment, particularly as a stable income stock.
Why did Warren Buffett buy Verizon?
The first is “cash is king.” Buffett enjoys investing in companies with strong earnings. Secondly, he’s a value-seeking investor. Verizon seems to tick both of these boxes and can also be considered a provider of essential services, which makes it suitable for both value and dividend investors.
Does Warren Buffett own Verizon stock?
Legendary investor Warren Buffett, who is one of Apple’s largest shareholders, made a multi-billion dollar bet on Verizon in the fourth quarter. According to a filing made public on Tuesday, Buffett’s Berkshire Hathaway bought almost 147 million shares of Verizon (worth $8 billion at current prices).
What’s wrong with AT&T stock?
AT&T stock was down over 26% in 2020, even after recovering nearly 30% from its lows of the coronavirus bear market. So far in 2021, share have traded down 2%. On the positive side, the stock maintains a high 7.4% annualized dividend yield in a very low interest rate environment.
Which stock has the highest dividend?
Dividend Aristocrat Companies With the Highest Dividends
|T Rowe Price (TROW)||6.15%|
Is AT&T a good dividend stock?
AT&T (NYSE:T) might seem like a great dividend stock. It pays a forward dividend yield of 7.3%, it’s raised its payout annually for 36 straight years, and it spent just 57% of its free cash flow on those dividends over the past 12 months. The stock also looks dirt cheap at nine times forward earnings.
Is VZ a good long term investment?
In addition, Verizon investors can secure a relatively safe and growing dividend income during their investment period. Accordingly, I consider Verizon a suitable low-volatility long-term investment with a 5G growth opportunity which is still unclear but promising.
What dividend does Verizon pay?
Verizon Communications Inc. VZ, +0.37% said Thursday that it will raise its quarterly dividend by 2.0%, to 64.00 cents a share from 62.75 cents a share.
What is Verizon known for?
Verizon is one of the largest communication technology companies in the world. … was formed on June 30, 2000 and is celebrating its 20th year as one of the world’s leading providers of technology, communications, information and entertainment products and services.