Zacks Research Has Bullish Forecast for VZ FY2025 Earnings

Key Points

• Zacks Research has raised its FY2025 earnings estimate for Verizon Communications to $4.69 per share, up from a previous forecast of $4.65.
• Verizon's recent quarterly earnings report showed a profit of $1.22 per share, exceeding expectations, with revenue hitting $34.50 billion.
• The company recently declared a quarterly dividend of $0.6775, resulting in an annualized yield of 6.3%.

Verizon Communications Inc. (NYSE:VZ - Free Report) - Analysts at Zacks Research lifted their FY2025 earnings estimates for Verizon Communications in a research report issued to clients and investors on Monday, August 11th. Zacks Research analyst R. Department now expects that the cell phone carrier will earn $4.69 per share for the year, up from their previous estimate of $4.65. The consensus estimate for Verizon Communications' current full-year earnings is $4.69 per share. Zacks Research also issued estimates for Verizon Communications' Q4 2025 earnings at $1.09 EPS, Q1 2026 earnings at $1.18 EPS, Q2 2026 earnings at $1.28 EPS, FY2026 earnings at $4.92 EPS, Q1 2027 earnings at $1.37 EPS, Q2 2027 earnings at $1.27 EPS and FY2027 earnings at $5.12 EPS.

Verizon Communications (NYSE:VZ - Get Free Report) last posted its earnings results on Monday, July 21st. The cell phone carrier reported $1.22 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.19 by $0.03. Verizon Communications had a net margin of 13.28% and a return on equity of 19.61%. The firm had revenue of $34.50 billion during the quarter, compared to analyst estimates of $33.47 billion. During the same quarter in the prior year, the business posted $1.15 EPS. The business's revenue was up 5.2% compared to the same quarter last year.

Several other analysts have also issued reports on the stock. Arete Research upgraded shares of Verizon Communications to a "strong-buy" rating in a research note on Tuesday, July 8th. Morgan Stanley increased their price target on shares of Verizon Communications from $47.00 to $48.00 and gave the company an "equal weight" rating in a research report on Tuesday, July 22nd. Bank of America increased their price target on shares of Verizon Communications from $45.00 to $49.00 and gave the company a "neutral" rating in a research report on Tuesday, July 22nd. JPMorgan Chase & Co. increased their price target on shares of Verizon Communications from $47.00 to $49.00 and gave the company a "neutral" rating in a research report on Tuesday, July 22nd. Finally, Scotiabank increased their target price on shares of Verizon Communications from $48.50 to $49.00 and gave the stock a "sector perform" rating in a research report on Wednesday, April 23rd. Eleven investment analysts have rated the stock with a hold rating, seven have given a buy rating and three have issued a strong buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $47.35.

Verizon Communications Stock Up 0.2%

Shares of NYSE VZ traded up $0.07 during trading on Tuesday, hitting $43.25. The stock had a trading volume of 12,466,714 shares, compared to its average volume of 19,171,326. Verizon Communications has a 12 month low of $37.58 and a 12 month high of $47.35. The company has a debt-to-equity ratio of 1.19, a current ratio of 0.64 and a quick ratio of 0.60. The company has a market capitalization of $182.36 billion, a PE ratio of 10.08, a PEG ratio of 3.33 and a beta of 0.36. The firm has a fifty day moving average of $42.66 and a two-hundred day moving average of $42.88.

Institutional Investors Weigh In On Verizon Communications

Institutional investors and hedge funds have recently bought and sold shares of the stock. Vanguard Group Inc. raised its stake in shares of Verizon Communications by 1.3% during the second quarter. Vanguard Group Inc. now owns 372,787,016 shares of the cell phone carrier's stock worth $16,130,494,000 after acquiring an additional 4,615,075 shares in the last quarter. Charles Schwab Investment Management Inc. grew its holdings in shares of Verizon Communications by 1.1% in the first quarter. Charles Schwab Investment Management Inc. now owns 109,866,405 shares of the cell phone carrier's stock worth $4,983,225,000 after purchasing an additional 1,172,175 shares during the last quarter. Geode Capital Management LLC grew its holdings in shares of Verizon Communications by 1.1% in the second quarter. Geode Capital Management LLC now owns 100,326,792 shares of the cell phone carrier's stock worth $4,322,700,000 after purchasing an additional 1,101,504 shares during the last quarter. GQG Partners LLC grew its holdings in shares of Verizon Communications by 303.9% in the first quarter. GQG Partners LLC now owns 49,859,967 shares of the cell phone carrier's stock worth $2,261,648,000 after purchasing an additional 37,516,167 shares during the last quarter. Finally, Northern Trust Corp grew its holdings in shares of Verizon Communications by 1.0% in the first quarter. Northern Trust Corp now owns 45,475,099 shares of the cell phone carrier's stock worth $2,062,750,000 after purchasing an additional 431,789 shares during the last quarter. 62.06% of the stock is owned by hedge funds and other institutional investors.

Verizon Communications Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, August 1st. Investors of record on Thursday, July 10th were paid a $0.6775 dividend. This represents a $2.71 dividend on an annualized basis and a yield of 6.3%. The ex-dividend date of this dividend was Thursday, July 10th. Verizon Communications's dividend payout ratio (DPR) is currently 63.17%.

Verizon Communications Company Profile

Verizon Communications Inc, through its subsidiaries, engages in the provision of communications, technology, information, and entertainment products and services to consumers, businesses, and governmental entities worldwide. It operates in two segments, Verizon Consumer Group (Consumer) and Verizon Business Group (Business).