About Verizon Communications
Verizon Communications Inc. (Verizon) is a holding company. The Company, through its subsidiaries, provides communications, information and entertainment products and services to consumers, businesses and governmental agencies. The Company offers voice, data and video services and solutions on its wireless and wireline networks. The Company's segments include Wireless and Wireline. The Wireless segment offers communications products and services, including wireless voice and data services and equipment sales that are provided to consumer, business and government customers across the United States. The Wireline's 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 as well as to carriers, businesses and government customers.
Industry, Sector and Symbol:
- Sector: Computer and Technology
- Industry: Telecom Services - Domestic
- Sub-Industry: Integrated Telecommunication Services
- Exchange: NYSE
- Symbol: VZ
- CUSIP: 92343V10
- Previous Close: $50.31
- 50 Day Moving Average: $50.29
- 200 Day Moving Average: $50.86
- 52-Week Range: $46.01 - $56.95
- Trailing P/E Ratio: 15.67
- Foreward P/E Ratio: 12.70
- P/E Growth: 6.65
- Market Cap: $205.11B
- Outstanding Shares: 4,077,000,000
- Beta: 0.43
- Net Margins: 10.42%
- Return on Equity: 72.75%
- Return on Assets: 6.58%
Companies Related to Verizon Communications:
- Debt-to-Equity Ratio: 4.39%
- Current Ratio: 0.87%
- Quick Ratio: 0.83%
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 declared a quarterly dividend on Thursday, December 1st. Shareholders of record on Tuesday, January 10th will be given a dividend of $0.5775 per share on Wednesday, February 1st. This represents a $2.31 dividend on an annualized basis and a yield of 4.59%. The ex-dividend date of this dividend is Friday, January 6th. This is a boost from Verizon Communications's previous quarterly dividend of $0.01.
Where is Verizon Communications' stock going? Where will Verizon Communications' stock price be in 2017?
32 brokerages have issued 1 year target prices for Verizon Communications' stock. Their predictions range from $47.00 to $80.00. On average, they anticipate Verizon Communications' stock price to reach $54.51 in the next twelve months.
When will Verizon Communications announce their earnings?
Verizon Communications is scheduled to release their next quarterly earnings announcement on Thursday, April, 20th 2017.
What are analysts saying about Verizon Communications stock?
Here are some recent quotes from research analysts about Verizon Communications stock:
According to Zacks Investment Research, "Verizon’s wireline division is struggling with persistent losses in access lines. Also, the U.S. wireless market has become almost saturated and is witnessing intensified cut-throat pricing competition day by day. These may act as near-term headwinds for the company. Moreover, in the light of Yahoo's recent hacking scandal, the valuation of its core assets by Verizon has come into question. Additionally, spectrum crunch is a major issue for wireless carriers and if Verizon fails to bag substantial bands of the 600 Mhz spectrum in the ongoing auction, the company’s business prospects could be hurt. However, its investment in the IoT space and impending launch of 5G services are expected to be the major growth drivers going forward." (10/19/2016)
Drexel Hamilton analysts commented, "We expect another slow quarter in 3Q as the world awaits Apple’s (AAPL – Buy) new iPhone." (7/27/2016)
Citigroup Inc. analysts commented, "Perfect Fit" (7/20/2016)
Who owns Verizon Communications stock?
Verizon Communications' stock is owned by a variety of of institutional and retail investors. Top institutional investors include State Street Corp (4.07%), FMR LLC (1.20%), Barrow Hanley Mewhinney & Strauss LLC (0.71%), Federated Investors Inc. PA (0.52%), Franklin Resources Inc. (0.31%) and FIL Ltd (0.30%). Company insiders that own Verizon Communications stock include Anthony T Skiadas, Craig L Silliman, Daniel S Mead and Diego Scotti.
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 Barrow Hanley Mewhinney & Strauss LLC, Westwood Holdings Group Inc., Dimensional Fund Advisors LP, Tweedy Browne Co. LLC, Capital Guardian Trust Co., Loomis Sayles & Co. L P, Putnam Investments LLC and Letko Brosseau & Associates Inc.. Company insiders that have sold Verizon Communications stock in the last year include Anthony T Skiadas and Craig L Silliman.
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 FMR LLC, Asset Management One Co. Ltd., State Street Corp, Russell Investments Group Ltd., FIL Ltd, I.G. Investment Management LTD., Equity Investment Corp Acquisition Inc and Bessemer Group Inc..
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 $50.31.