Verizon Communications Inc. is a holding company. The Company, through its subsidiaries, provides communications, information and entertainment products and services to consumers, businesses and governmental agencies. Its segments include Wireless and Wireline. The Wireless segment offers communications products and services, including wireless voice and data services and equipment sales, to consumer, business and government customers across the United States. The Wireline segment offers voice, data and video communications products and services, such as broadband video and data, corporate networking solutions, data center and cloud services, security and managed network services, and local and long distance voice services. The Company provides these products and services to consumers in the United States, as well as to carriers, businesses and government customers both in the United States and around the world.
Industry, Sector and Symbol:
- Sector: Computer and Technology
- Industry: Telecom Services - Domestic
- Sub-Industry: Integrated Telecommunication Services
- Symbol: NYSE:VZ
- CUSIP: 92343V10
- Web: www.verizon.com
- Market Cap: $183.73 billion
- Outstanding Shares: 4,079,369,000
- 50 Day Moving Avg: $47.00
- 200 Day Moving Avg: $49.44
- 52 Week Range: $44.46 - $56.95
Sales & Book Value:
- Trailing P/E Ratio: 15.21
- Foreward P/E Ratio: 11.70
- P/E Growth: 4.86
- Annual Revenue: $123.62 billion
- Price / Sales: 1.49
- Book Value: $5.76 per share
- Price / Book: 7.82
- Annual Dividend: $2.31
- Dividend Yield: 5.1%
- EBIDTA: $42.69 billion
- Net Margins: 10.42%
- Return on Equity: 72.75%
- Return on Assets: 6.58%
- Debt-to-Equity Ratio: 4.39%
- Current Ratio: 0.87%
- Quick Ratio: 0.83%
- Average Volume: 15.23 million shs.
- Beta: 0.43
- Short Ratio: 1.92
Frequently Asked Questions for Verizon Communications (NYSE:VZ)
What is Verizon Communications' stock symbol?
Verizon Communications trades on the New York Stock Exchange (NYSE) under the ticker symbol "VZ."
How often does Verizon Communications pay dividends? What is the dividend yield for Verizon Communications?
Verizon Communications announced a quarterly dividend on Friday, March 3rd. Shareholders of record on Monday, April 10th will be paid a dividend of $0.5775 per share on Monday, May 1st. This represents a $2.31 dividend on an annualized basis and a yield of 5.13%. The ex-dividend date is Thursday, April 6th. View Verizon Communications' Dividend History.
How will Verizon Communications' stock buyback program work?
Verizon Communications declared that its Board of Directors has initiated a stock buyback program on Saturday, April 8th 2017, which authorizes the company to buyback 100,000,000 shares, according to EventVestor. This buyback authorization authorizes the company to purchase shares of its stock through open market purchases. Stock buyback programs are usually an indication that the company's leadership believes its shares are undervalued.
How were Verizon Communications' earnings last quarter?
Verizon Communications Inc. (NYSE:VZ) announced its quarterly earnings results on Thursday, April, 20th. The company reported $0.95 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.98 by $0.03. The firm earned $29.81 billion during the quarter, compared to the consensus estimate of $30.41 billion. Verizon Communications had a net margin of 10.42% and a return on equity of 72.75%. The company's revenue for the quarter was down 7.3% on a year-over-year basis. During the same period in the prior year, the company earned $1.06 earnings per share. View Verizon Communications' Earnings History.
When will Verizon Communications make its next earnings announcement?
Where is Verizon Communications' stock going? Where will Verizon Communications' stock price be in 2017?
29 analysts have issued twelve-month target prices for Verizon Communications' shares. Their predictions range from $46.00 to $80.00. On average, they anticipate Verizon Communications' stock price to reach $53.85 in the next year. View Analyst Ratings for Verizon Communications.
What are analysts saying about Verizon Communications stock?
Here are some recent quotes from research analysts about Verizon Communications stock:
- 1. According to Zacks Investment Research, "Verizon’s latest deal to acquire Straight Path Communications for $3.1 billion bode well for its 5G wireless network strategy. Verizon is likely to venture into online TV streaming service. Verizon has started conducting 5G wireless network trials in 11 U.S. cities and plans to deploy its fixed wireless version in 2018. Verizon’s unlimited data plans have heated up the wireless industry. Verizon-Yahoo deal underwent a discount revision of $350 million. Over the past three months, the stock price fell 5.2% while the Zacks classified Wireless National industry declined 4.0%. Verizon lost 0.307 million postpaid and 0.017 million prepaid customers in the first quarter of 2017. Meanwhile, saturated and competitive wireless market, expenses related to promotions and discounts, intensely competitive video market and losses in access lines are other risks. Lawsuit for its FiOS rollout in New York is a concern." (5/12/2017)
- 2. Drexel Hamilton analysts commented, "We expect another slow quarter in 3Q as the world awaits Apple’s (AAPL – Buy) new iPhone." (7/27/2016)
- 3. Citigroup Inc analysts commented, "Perfect Fit" (7/20/2016)
Are investors shorting Verizon Communications?
Verizon Communications saw a increase in short interest during the month of April. As of April 28th, there was short interest totalling 32,927,266 shares, an increase of 17.6% from the April 13th total of 28,006,949 shares. Based on an average daily trading volume, of 23,601,339 shares, the short-interest ratio is presently 1.4 days. Currently, 0.8% of the company's stock are sold short.
Who are some of Verizon Communications' key competitors?
Some companies that are related to Verizon Communications include AT&T (T), BCE (BCE), Chunghwa Telecom Co., Ltd (CHT), Centurylink (CTL), Frontier Communications Corp (FTR), Shenandoah Telecommunications Company (SHEN), Cellcom Israel (CEL), ATN International (ATNI), Consolidated Communications Holdings (CNSL), Windstream Holdings (WIN), Cincinnati Bell (CBB), Alaska Communications Systems Group (ALSK), magicJack VocalTec Ltd (CALL), Inventergy Global (INVT), Alteva (ALTV) and EarthLink Holdings Corp. (ELNK).
Who owns Verizon Communications stock?
Verizon Communications' stock is owned by many different of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (6.79%), BlackRock Inc. (6.27%), State Street Corp (4.12%), FMR LLC (1.32%), Wellington Management Group LLP (1.24%) and Bank of New York Mellon Corp (1.15%). Company insiders that own Verizon Communications stock include Anthony T Skiadas, Craig L Silliman, Diego Scotti, Marni M Walden and Roger Gurnani. View Institutional Ownership Trends for Verizon Communications.
Who sold Verizon Communications stock? Who is selling Verizon Communications stock?
Verizon Communications' stock was sold by a variety of institutional investors in the last quarter, including Ameriprise Financial Inc., Wellington Management Group LLP, Alliancebernstein L.P., Massachusetts Financial Services Co. MA, Bank of Montreal Can, Nordea Investment Management AB, Point72 Asset Management L.P. and Parametric Portfolio Associates LLC. Company insiders that have sold Verizon Communications stock in the last year include Anthony T Skiadas, Craig L Silliman, Marni M Walden and Roger Gurnani. View Insider Buying and Selling for Verizon Communications.
Who bought Verizon Communications stock? Who is buying Verizon Communications stock?
Verizon Communications' stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Vanguard Group Inc., FMR LLC, Canada Pension Plan Investment Board, Swiss National Bank, Geode Capital Management LLC, Epoch Investment Partners Inc. and State Street Corp. View Insider Buying and Selling for Verizon Communications.
How do I buy Verizon Communications stock?
Shares of Verizon Communications can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
How much does a share of Verizon Communications stock cost?
One share of Verizon Communications stock can currently be purchased for approximately $45.04.
Earnings History for Verizon Communications (NYSE:VZ)Earnings History by Quarter for Verizon Communications (NYSE:VZ)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|7/27/2017|| || || || || || || || |
|4/20/2017||Q1 2017||$0.98||$0.95||$30.41 billion||$29.81 billion||View||N/A|
|1/24/2017||Q416||$0.89||$0.86||$32.12 billion||$32.30 billion||View||Listen|
|10/20/2016||Q316||$0.99||$1.01||$31.08 billion||$30.90 billion||View||Listen|
|7/26/2016||Q216||$0.92||$0.94||$30.95 billion||$30.53 billion||View||Listen|
|4/21/2016||Q116||$1.06||$1.06||$32.49 billion||$32.20 billion||View||Listen|
|1/21/2016||Q415||$0.88||$0.89||$34.06 billion||$34.30 billion||View||Listen|
|10/20/2015||Q315||$1.02||$1.04||$32.94 billion||$33.20 billion||View||Listen|
|7/21/2015||Q215||$1.01||$1.04||$32.45 billion||$32.22 billion||View||Listen|
|4/21/2015||Q115||$0.95||$1.02||$32.30 billion||$31.98 billion||View||Listen|
|1/22/2015||Q414||$0.73||$0.71||$32.67 billion||$33.19 billion||View||Listen|
|10/21/2014||Q314||$0.92||$0.89||$31.57 billion||$31.60 billion||View||Listen|
|7/22/2014||Q214||$0.90||$0.91||$31.10 billion||$31.50 billion||View||Listen|
|4/24/2014||Q114||$0.87||$0.84||$30.70 billion||$31.82 billion||View||Listen|
|1/21/2014||Q4||$0.65||$0.66||$31.02 billion||$31.07 billion||View||Listen|
|10/17/2013||Q313||$0.75||$0.77||$30.17 billion||$30.28 billion||View||Listen|
|7/18/2013||Q2 2013||$0.73||$0.73||$29.83 billion||$27.79 billion||View||Listen|
|4/18/2013||Q1 2013||$0.65||$0.68||$29.56 billion||$29.40 billion||View||Listen|
|1/22/2013||Q4 2012||$0.52||$0.38||$29.75 billion||$30.05 billion||View||N/A|
Earnings Estimates for Verizon Communications (NYSE:VZ)
2017 EPS Consensus Estimate: $3.86
2018 EPS Consensus Estimate: $3.91
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for Verizon Communications (NYSE:VZ)
|Most Recent Dividend:||5/1/2017|
|Dividend Growth:||3.10% (3 Year Average)|
|Payout Ratio:||71.74% (Trailing 12 Months of Earnings) |
61.27% (Based on This Year's Estimates)
60.00% (Based on Next Year's Estimates)
|Track Record:||10 Years of Consecutive Dividend Growth|
Dividend History by Quarter for Verizon Communications (NYSE:VZ)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Verizon Communications (NYSE:VZ)
Insider Ownership Percentage: 0.10%Insider Trades by Quarter for Verizon Communications (NYSE:VZ)
Institutional Ownership Percentage: 63.38%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|5/1/2017||Marni M Walden||EVP||Sell||16,362||$46.08||$753,960.96|| |
|4/27/2017||Craig L Silliman||EVP||Sell||610||$47.36||$28,889.60|| |
|3/27/2017||Craig L Silliman||EVP||Sell||610||$49.66||$30,292.60|| |
|2/27/2017||Marni M Walden||EVP||Sell||32,254||$49.92||$1,610,119.68|| |
|2/23/2017||Roger Gurnani||EVP||Sell||10,804||$50.29||$543,333.16|| |
|2/14/2017||Anthony T Skiadas||SVP||Sell||12,495||$48.27||$603,133.65|| |
|11/22/2016||Craig L Silliman||EVP||Sell||668||$49.29||$32,925.72|| |
|10/26/2016||Craig L Silliman||EVP||Sell||672||$47.76||$32,094.72|| |
|9/26/2016||Craig L Silliman||EVP||Sell||672||$52.40||$35,212.80|| |
|8/26/2016||Craig L Silliman||EVP||Sell||672||$52.76||$35,454.72|| |
|7/27/2016||Craig L Silliman||EVP||Sell||672||$54.81||$36,832.32|| |
|6/24/2016||Craig L Silliman||EVP||Sell||672||$54.56||$36,664.32|| |
|5/26/2016||Craig L Silliman||EVP||Sell||672||$49.80||$33,465.60|| |
|4/26/2016||Craig L Silliman||EVP||Sell||672||$51.00||$34,272.00|| |
|3/28/2016||Craig L Silliman||EVP||Sell||672||$53.57||$35,999.04|| |
|2/26/2016||Craig L Silliman||EVP||Sell||672||$51.13||$34,359.36|| |
|2/24/2016||Diego Scotti||CMO||Buy||800||$50.75||$40,600.00|| |
|4/29/2015||Daniel S Mead||EVP||Sell||24,945||$50.45||$1,258,475.25|| |
|2/17/2015||Anthony T Skiadas||SVP||Sell||2,708||$49.02||$132,746.16|| |
|2/12/2015||Daniel S Mead||CEO||Sell||24,898||$49.70||$1,237,430.60|| |
|9/22/2014||Randal S Milch||EVP||Sell||2,791||$50.10||$139,829.10|| |
|8/22/2014||Randal S Milch||EVP||Sell||2,966||$48.92||$145,096.72|| |
|7/23/2014||Randal S Milch||EVP||Sell||2,966||$51.00||$151,266.00|| |
|6/23/2014||Randal S Milch||EVP||Sell||2,966||$49.39||$146,490.74|| |
|5/23/2014||Randal S Milch||EVP||Sell||2,965||$49.42||$146,530.30|| |
|4/25/2014||Randal Milch||EVP||Sell||2,822||$46.10||$130,094.20|| |
|3/24/2014||Randal Milch||EVP||Sell||2,823||$46.70||$131,834.10|| |
|2/25/2014||Marni Walden||EVP||Sell||8,048||$46.31||$372,702.88|| |
|2/24/2014||Randal Milch||EVP||Sell||2,823||$47.06||$132,850.38|| |
|1/22/2014||Randal Milch||EVP||Sell||2,823||$47.47||$134,007.81|| |
|11/18/2013||Randal Milch||EVP||Sell||2,823||$50.35||$142,138.05|| |
|11/11/2013||Hugh Price||Director||Sell||7,798||$49.90||$389,120.20|| |
Headline Trends for Verizon Communications (NYSE:VZ)
Latest Headlines for Verizon Communications (NYSE:VZ)
Verizon Communications (VZ) Chart for Wednesday, May, 24, 2017