MYDA Advisors LLC Makes New Investment in Verizon Communications Inc. $VZ

Key Points

• MYDA Advisors LLC initiated a new position in Verizon Communications, buying 50,000 shares valued at about $2.0 million in the fourth quarter.
• Verizon’s latest quarter showed EPS of $1.28, beating analyst estimates, though revenue of $34.44 billion came in slightly below expectations. The company also raised its FY 2026 EPS guidance to 4.950-4.990.
• Verizon declared a quarterly dividend of $0.7075 per share, implying an annualized yield of about 5.9%, while institutional ownership remains high at 62.06%.

MYDA Advisors LLC bought a new position in shares of Verizon Communications Inc. (NYSE:VZ - Free Report) during the 4th quarter, according to its most recent disclosure with the SEC. The fund bought 50,000 shares of the cell phone carrier's stock, valued at approximately $2,036,000.

Several other hedge funds have also recently made changes to their positions in the business. Vanguard Group Inc. raised its position in shares of Verizon Communications by 1.5% in the 4th quarter. Vanguard Group Inc. now owns 379,402,347 shares of the cell phone carrier's stock worth $15,453,058,000 after acquiring an additional 5,497,598 shares in the last quarter. State Street Corp raised its position in shares of Verizon Communications by 3.5% in the 4th quarter. State Street Corp now owns 222,951,399 shares of the cell phone carrier's stock worth $9,080,810,000 after acquiring an additional 7,461,335 shares in the last quarter. Charles Schwab Investment Management Inc. raised its position in shares of Verizon Communications by 5.3% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 116,570,816 shares of the cell phone carrier's stock worth $4,747,930,000 after acquiring an additional 5,851,715 shares in the last quarter. Geode Capital Management LLC raised its position in shares of Verizon Communications by 0.9% in the 4th quarter. Geode Capital Management LLC now owns 102,632,509 shares of the cell phone carrier's stock worth $4,168,080,000 after acquiring an additional 867,694 shares in the last quarter. Finally, Norges Bank bought a new position in shares of Verizon Communications in the 4th quarter worth about $2,357,158,000. 62.06% of the stock is owned by institutional investors.

Verizon Communications Stock Performance

Shares of VZ opened at $48.10 on Monday. The company has a debt-to-equity ratio of 1.38, a quick ratio of 0.61 and a current ratio of 0.64. The stock has a 50 day moving average price of $47.20 and a two-hundred day moving average price of $45.50. The firm has a market capitalization of $200.85 billion, a P/E ratio of 11.73, a P/E/G ratio of 1.17 and a beta of 0.24. Verizon Communications Inc. has a 52 week low of $38.39 and a 52 week high of $51.68.

Verizon Communications (NYSE:VZ - Get Free Report) last issued its quarterly earnings data on Monday, April 27th. The cell phone carrier reported $1.28 EPS for the quarter, topping analysts' consensus estimates of $1.21 by $0.07. The firm had revenue of $34.44 billion during the quarter, compared to analyst estimates of $34.82 billion. Verizon Communications had a return on equity of 19.25% and a net margin of 12.46%.The company's revenue for the quarter was up 2.7% on a year-over-year basis. During the same period in the previous year, the company posted $1.19 EPS. Verizon Communications has set its FY 2026 guidance at 4.950-4.990 EPS. Equities analysts forecast that Verizon Communications Inc. will post 4.97 earnings per share for the current fiscal year.

Verizon Communications Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, August 3rd. Shareholders of record on Friday, July 10th will be issued a dividend of $0.7075 per share. This represents a $2.83 dividend on an annualized basis and a yield of 5.9%. The ex-dividend date of this dividend is Friday, July 10th. Verizon Communications's payout ratio is currently 69.02%.

Verizon Communications News Roundup

Here are the key news stories impacting Verizon Communications this week:

• Positive Sentiment: Analysts and market commentary remain constructive on Verizon’s valuation, with several notes calling it inexpensive relative to its cash flow, earnings power, and dividend profile. Verizon: Steady, Cheap, And Still Standing
• Positive Sentiment: Verizon highlighted new AI-powered disaster-response tools, including “Digital Twin” network modeling, satellite connectivity, and mobile 5G assets, which could support network resilience and reinforce its infrastructure advantage. Verizon’s AI Disaster Tools Highlight Network Resilience And Valuation Gap
• Positive Sentiment: Investor sentiment has also been helped by upbeat pieces describing Verizon as a defensive stock with income potential, including mentions of its raised guidance, postpaid subscriber momentum, and fiber expansion after the Frontier deal. Verizon: A Unique Opportunity In An Expensive Market
• Neutral Sentiment: An insider sold about 80% of her shares in a roughly $3 million transaction, which can draw attention but does not necessarily signal a change in Verizon’s business outlook. 1 Verizon Insider Sells 80% of Her Stock in $3 Million Deal. For Everyone Else, VZ Is a Good Buy Now.
• Neutral Sentiment: Erste Group slightly trimmed its FY2027 earnings estimate for Verizon, but the change was minimal and the firm kept a Hold rating. Verizon Communications Inc. research note
• Neutral Sentiment: Some recent market updates noted Verizon outperforming a weaker broader market session, reinforcing the stock’s defensive character rather than pointing to a major company-specific catalyst. Verizon Communications (VZ) Rises As Market Takes a Dip: Key Facts

Analyst Ratings Changes

Several research analysts have recently weighed in on VZ shares. Oppenheimer lifted their price objective on Verizon Communications from $50.00 to $56.00 and gave the stock an "outperform" rating in a research report on Wednesday, March 11th. Raymond James Financial reissued an "outperform" rating and issued a $56.00 price objective on shares of Verizon Communications in a research report on Thursday, March 12th. Barclays boosted their target price on Verizon Communications from $43.00 to $47.00 and gave the company an "equal weight" rating in a research report on Tuesday, March 31st. Dbs Bank downgraded Verizon Communications from a "moderate buy" rating to a "hold" rating in a research note on Tuesday, April 7th. Finally, Weiss Ratings reaffirmed a "buy (b)" rating on shares of Verizon Communications in a research note on Friday, May 29th. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and eleven have issued a Hold rating to the company. According to MarketBeat, Verizon Communications has an average rating of "Moderate Buy" and a consensus price target of $50.59.

About Verizon Communications

Verizon Communications Inc NYSE: VZ is a major U.S.-based telecommunications company that provides a broad range of communications and information services. Its operations span consumer and business markets, with core offerings that include wireless voice and data services, fixed-line broadband and fiber-optic services, and enterprise networking solutions. Verizon is headquartered in New York City and operates a nationwide wireless network that supports consumer subscribers as well as business and government customers.

The company's consumer products include mobile phone plans, unlimited data services, and Fios, its branded fiber-optic internet, television and voice service for homes and small businesses.

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