As such, VZ's blended fair value estimate of $47 suggests that VZ seems to be in the fair value zone, leaning toward being undervalued, despite the recent recovery.

Source: https://seekingalpha.com/article/4594118-verizon-stock-not-worth-buying-here?source=feed_all_articles

For VZ, my analysis suggests that the reinvestment rate is about 10% and the ROCE is about 30%.

Source: https://seekingalpha.com/article/4609882-lumen-vs-verizon-the-dividend-lesson?source=feed_all_articles

Meanwhile, VZ stock has gotten absolutely hammered over the past year, with shares losing nearly a quarter of their value.

Source: https://investorplace.com/2023/04/the-7-most-undervalued-stocks-to-buy-in-april-2023/

NEW YORK, Dec. 07, 2023 (GLOBE NEWSWIRE) — The Board of Directors of Verizon Communications Inc. (NYSE, Nasdaq: VZ) today declared a quarterly dividend of 66.50 cents per outstanding share, unchanged from the previous quarter.

Source: https://southafricatoday.net/financial/reports/verizon-declares-quarterly-dividend-on-december-7/

Several other institutional investors and hedge funds have also recently bought and sold shares of VZ.

Source: https://www.americanbankingnews.com/2023/03/21/hennion-walsh-asset-management-inc-has-3-35-million-holdings-in-verizon-communications-inc-nysevz.html

VZ has been the subject of a number of analyst reports.

Source: https://www.etfdailynews.com/2023/06/26/bremer-bank-national-association-trims-stake-in-verizon-communications-inc-nysevz/

With the above background, the next chart shows the DCR for T and VZ since 2016, with recent developments in 2022 highlighted on a quarterly TTM basis.

Source: https://seekingalpha.com/article/4593783-why-prefer-verizon-over-at-and-t-stock-now?source=feed_all_articles