Verizon Communications Company Profile (NYSE:VZ)

About Verizon Communications

Verizon Communications logoVerizon 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
Key Metrics:
  • Previous Close: $47.84
  • 50 Day Moving Average: $51.24
  • 200 Day Moving Average: $52.43
  • 52-Week Range: $43.79 - $56.95
  • Trailing P/E Ratio: 13.94
  • Foreward P/E Ratio: 11.84
  • P/E Growth: 7.38
  • Market Cap: $195.04B
  • Outstanding Shares: 4,076,301,000
  • Beta: 0.3
  • Net Margins: 10.97%
  • Return on Equity: 78.75%
  • Return on Assets: 6.61%
  • Debt-to-Equity Ratio: 4.67%
  • Current Ratio: 0.85%
  • Quick Ratio: 0.58%
Additional Links:
Companies Related to Verizon Communications:

Analyst Ratings

Consensus Ratings for Verizon Communications (NYSE:VZ) (?)
Ratings Breakdown: 22 Hold Ratings, 8 Buy Ratings
Consensus Rating:Hold (Score: 2.27)
Consensus Price Target: $54.48 (13.88% upside)

Analysts' Ratings History for Verizon Communications (NYSE:VZ)
DateFirmActionRatingPrice TargetDetails
10/24/2016Drexel HamiltonUpgradeHold -> Buy$54.00View Rating Details
10/23/2016Pacific CrestReiterated RatingEqual WeightView Rating Details
10/23/2016FBR & CoReiterated RatingOutperform$57.00View Rating Details
10/23/2016Robert W. BairdReiterated RatingNeutral$55.00 -> $52.00View Rating Details
10/23/2016Cowen and CompanyReiterated RatingMarket Perform$50.00View Rating Details
10/23/2016Citigroup Inc.Reiterated RatingNeutral$58.00View Rating Details
10/23/2016Wells Fargo & Co.Reiterated RatingOutperformView Rating Details
10/23/2016Morgan StanleyReiterated RatingOverweight$60.00View Rating Details
10/23/2016Goldman Sachs Group Inc.Reiterated RatingNeutral$51.00View Rating Details
10/23/2016Jefferies GroupReiterated RatingHold$53.00View Rating Details
9/28/2016HSBCReiterated RatingHold$54.00View Rating Details
9/12/2016NomuraReiterated RatingHold$47.00View Rating Details
8/26/2016Barclays PLCReiterated RatingEqual Weight$52.00View Rating Details
8/2/2016Imperial CapitalDowngradeOutperform -> In-Line$50.00 -> $60.00View Rating Details
7/27/2016JPMorgan Chase & Co.Boost Price TargetNeutral$50.00 -> $56.00View Rating Details
7/27/2016ArgusReiterated RatingBuy$60.00View Rating Details
7/27/2016Hilliard LyonsDowngradeBuy -> Neutral$53.00View Rating Details
7/25/2016RBC Capital MarketsReiterated RatingBuyView Rating Details
7/20/2016Oppenheimer Holdings Inc.DowngradeOutperform -> Market PerformView Rating Details
7/15/2016Deutsche Bank AGReiterated RatingHold$52.00View Rating Details
7/6/2016MacquarieReiterated RatingNeutral$55.00View Rating Details
6/8/2016Bank of America Corp.Reiterated RatingBuyView Rating Details
4/26/2016Royal Bank Of CanadaLower Price TargetOutperform$58.00 -> $56.00View Rating Details
4/21/2016Evercore ISIReiterated RatingHoldView Rating Details
4/18/2016ScotiabankDowngradeSector Outperform -> Sector PerformView Rating Details
4/7/2016Sanford C. BernsteinDowngradeOutperform -> Market Perform$54.00 -> $55.00View Rating Details
4/2/2016Moffett NathansonDowngradeBuy -> HoldView Rating Details
4/1/2016HansonDowngradeBuy -> Neutral$55.00View Rating Details
2/4/2016DA DavidsonInitiated CoverageNeutral$53.00View Rating Details
12/15/2015BTIG ResearchDowngradeBuy -> NeutralView Rating Details
10/20/2015William BlairReiterated RatingHoldView Rating Details
10/16/2015Canaccord GenuityReiterated RatingBuy -> Buy$54.00View Rating Details
7/10/2015Stifel NicolausInitiated CoverageBuy -> Hold$60.00 -> $46.26View Rating Details
7/1/2015Buckingham ResearchInitiated CoverageNeutral$51.00View Rating Details
12/9/2014Credit Suisse Group AGLower Price TargetNeutral$52.00 -> $51.00View Rating Details
11/5/2014Sarasin & PartnersInitiated CoverageNeutralView Rating Details
(Data available from 10/26/2014 forward)


Earnings History for Verizon Communications (NYSE:VZ)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/20/2016Q316$0.99$1.01$31.08 billion$30.90 billionViewListenView Earnings Details
7/26/2016Q216$0.92$0.94$30.95 billion$30.53 billionViewListenView Earnings Details
4/21/2016Q116$1.06$1.06$32.49 billion$32.20 billionViewListenView Earnings Details
1/21/2016Q415$0.88$0.89$34.06 billion$34.30 billionViewListenView Earnings Details
10/20/2015Q315$1.02$1.04$32.94 billion$33.20 billionViewListenView Earnings Details
7/21/2015Q215$1.01$1.04$32.45 billion$32.22 billionViewListenView Earnings Details
4/21/2015Q115$0.95$1.02$32.30 billion$31.98 billionViewListenView Earnings Details
1/22/2015Q414$0.73$0.71$32.67 billion$33.19 billionViewListenView Earnings Details
10/21/2014Q314$0.92$0.89$31.57 billion$31.60 billionViewListenView Earnings Details
7/22/2014Q214$0.90$0.91$31.10 billion$31.50 billionViewListenView Earnings Details
4/24/2014Q114$0.87$0.84$30.70 billion$31.82 billionViewListenView Earnings Details
1/21/2014Q4$0.65$0.66$31.02 billion$31.07 billionViewListenView Earnings Details
10/17/2013Q313$0.75$0.77$30.17 billion$30.28 billionViewListenView Earnings Details
7/18/2013Q2 2013$0.73$0.73$29.83 billion$27.79 billionViewListenView Earnings Details
4/18/2013Q1 2013$0.65$0.68$29.56 billion$29.40 billionViewListenView Earnings Details
1/22/2013Q4 2012$0.52$0.38$29.75 billion$30.05 billionViewN/AView Earnings Details
10/18/2012$0.64$0.64ViewN/AView Earnings Details
7/19/2012$0.64$0.64ViewN/AView Earnings Details
4/19/2012$0.58$0.59ViewN/AView Earnings Details
1/24/2012$0.53$0.52ViewN/AView Earnings Details
10/21/2011$0.56$0.56ViewN/AView Earnings Details
7/22/2011$0.55$0.57ViewN/AView Earnings Details
4/21/2011$0.50$0.51ViewN/AView Earnings Details
1/25/2011$0.55$0.54ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Verizon Communications (NYSE:VZ)
Current Year EPS Consensus Estimate: $3.91 EPS
Next Year EPS Consensus Estimate: $4.04 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20166$1.05$1.08$1.07
Q2 20166$0.90$1.04$0.99
Q3 20166$0.96$1.02$0.99
Q4 20166$0.88$0.99$0.93
Q1 20171$1.02$1.02$1.02
Q2 20171$1.00$1.00$1.00
Q3 20171$1.02$1.02$1.02
Q4 20171$1.04$1.04$1.04
(Data provided by Zacks Investment Research)


Current Dividend Information for Verizon Communications (NYSE:VZ)
Annual Dividend:$2.31
Dividend Yield:4.83%
Dividend Growth:3.20% (3 Year Average)
Payout Ratio:67.15% (Based on Trailing 12 Months of Earnings)
59.08% (Based on Current Year Consensus EPS Estimate)
57.18% (Based on Next Year Consensus EPS Estimate)
Track Record:9 Years of Consecutive Dividend Growth

Dividend History for Verizon Communications (NYSE:VZ)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Verizon Communications (NYSE:VZ)
Insider Ownership Percentage: 0.10%
Institutional Ownership Percentage: 63.49%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
9/26/2016Craig L SillimanEVPSell672$52.40$35,212.80View SEC Filing  
8/26/2016Craig L SillimanEVPSell672$52.76$35,454.72View SEC Filing  
7/27/2016Craig L SillimanEVPSell672$54.81$36,832.32View SEC Filing  
6/24/2016Craig L SillimanEVPSell672$54.56$36,664.32View SEC Filing  
5/26/2016Craig L SillimanEVPSell672$49.80$33,465.60View SEC Filing  
4/26/2016Craig L SillimanEVPSell672$51.00$34,272.00View SEC Filing  
3/28/2016Craig L SillimanEVPSell672$53.57$35,999.04View SEC Filing  
2/26/2016Craig L SillimanEVPSell672$51.13$34,359.36View SEC Filing  
2/24/2016Diego ScottiCMOBuy800$50.75$40,600.00View SEC Filing  
4/29/2015Daniel S MeadEVPSell24,945$50.45$1,258,475.25View SEC Filing  
2/17/2015Anthony T SkiadasSVPSell2,708$49.02$132,746.16View SEC Filing  
2/12/2015Daniel S MeadCEOSell24,898$49.70$1,237,430.60View SEC Filing  
9/22/2014Randal S MilchEVPSell2,791$50.10$139,829.10View SEC Filing  
8/22/2014Randal S MilchEVPSell2,966$48.92$145,096.72View SEC Filing  
7/23/2014Randal S MilchEVPSell2,966$51.00$151,266.00View SEC Filing  
6/23/2014Randal S MilchEVPSell2,966$49.39$146,490.74View SEC Filing  
5/23/2014Randal S MilchEVPSell2,965$49.42$146,530.30View SEC Filing  
4/25/2014Randal MilchEVPSell2,822$46.10$130,094.20View SEC Filing  
3/24/2014Randal MilchEVPSell2,823$46.70$131,834.10View SEC Filing  
2/25/2014Marni WaldenEVPSell8,048$46.31$372,702.88View SEC Filing  
2/24/2014Randal MilchEVPSell2,823$47.06$132,850.38View SEC Filing  
1/22/2014Randal MilchEVPSell2,823$47.47$134,007.81View SEC Filing  
11/18/2013Randal MilchEVPSell2,823$50.35$142,138.05View SEC Filing  
11/11/2013Hugh PriceDirectorSell7,798$49.90$389,120.20View SEC Filing  
(Data available from 1/1/2013 forward)


Latest Headlines for Verizon Communications (NYSE:VZ)
News IconVerizon Communications Inc. (NYSE:VZ) & Kimberly Clark Corp (NYSE:KMB) Stocks to Keep Your Eyes on (NYSE:VZ) - October 25 at 8:08 PM logoIntroducing Stream Pass: The best premium live sports in HD for Verizon customers (NYSE:VZ) - October 25 at 8:08 PM logoVerizon: Loser in AT&T-Time Warner Deal? (VZ, T) - Investopedia (NYSE:VZ) - October 25 at 6:27 AM logoBig tech-media mergers raise fresh privacy concerns (NYSE:VZ) - October 25 at 6:27 AM logoFCC's Shifting Privacy Proposal A Trojan Horse For Discord (NYSE:VZ) - October 25 at 6:27 AM logoVerizon Communications Raises Dividend 2.2%. Now What? (NYSE:VZ) - October 24 at 7:41 PM
News IconVerizon Communications Inc.: Acquisitions Could Help VZ Stock Soar (NYSE:VZ) - October 24 at 7:41 PM logoFebruary 2017 Options Now Available For Verizon Communications (VZ) (NYSE:VZ) - October 24 at 7:41 PM logoTelecomms: The Most Interesting Sector Going Into Earnings (NYSE:VZ) - October 24 at 3:20 PM logoVerizon Communications Earnings Hurt by Weak Subscriber Results (NYSE:VZ) - October 24 at 2:40 PM
News IconWells Fargo & Co. Reaffirmed Outperform Rating for Verizon Communications Inc. (VZ) - DailyQuint (NYSE:VZ) - October 24 at 7:01 AM logo[$$] AT&T, Verizon Make Differing Bets as Wireless Growth Stalls (NYSE:VZ) - October 24 at 7:01 AM logoThese 5 services promise to block robocalls — do they deliver? (NYSE:VZ) - October 24 at 7:01 AM
News IconMarble Harbor Investment Counsel LLC Reached $346000 position of Verizon Communications Inc. (VZ) - DailyQuint (NYSE:VZ) - October 23 at 7:49 PM
News IconSteady Stock Movements: Verizon Communications Inc. (NYSE:VZ) - Post Registrar (NYSE:VZ) - October 23 at 6:52 AM
News IconVerizon Communications Inc.: Acquisitions Could Help VZ Stock Soar - Profit Confidential (NYSE:VZ) - October 23 at 6:52 AM logoAT&T Goes From 'Dumb Pipe' To Media Giant With $85 Billion Time Warner Deal (NYSE:VZ) - October 23 at 6:52 AM logoIs Nokia Corporation a Reliable Dividend Play? (NYSE:VZ) - October 22 at 7:24 PM logoFBR Capital Sees Verizon Communications Inc. (NYSE:VZ) Inline Results As Positive (NYSE:VZ) - October 22 at 10:41 AM
News IconFinancial Review of Verizon Communications Inc. (NYSE:VZ) (NYSE:VZ) - October 21 at 8:02 PM logoVerizon's Wireless Segment Facing Pressure While Wireline Shows Promise (NYSE:VZ) - October 21 at 5:24 PM logoAll The Sell-Side Sentiment On Verizon Following Q3 Results (NYSE:VZ) - October 21 at 5:24 PM logoBig Carrier Earnings: 2 Down, 2 To Go (NYSE:VZ) - October 21 at 3:18 PM logoCompetitive Pressures For Verizon 'Evident' (NYSE:VZ) - October 21 at 11:42 AM logoVerizon CFO: Yahoo Hack Will Have Impac (VZ, YHOO) (NYSE:VZ) - October 21 at 11:42 AM
News IconVerizon Communications Inc. (VZ) Has Sold Out All 128 GB Pixel XLs (NYSE:VZ) - October 21 at 11:42 AM
News IconBroker Changes For Verizon Communications Inc. (NYSE:VZ) (NYSE:VZ) - October 21 at 11:42 AM logoVerizon Communications Inc. (NYSE:VZ) Faces More Competition From Wireless Firms (NYSE:VZ) - October 21 at 11:42 AM logoVerizon, Travelers Weigh on DJIA Thursday - 24/7 Wall St. (NYSE:VZ) - October 20 at 8:19 PM logoVerizon Communications Inc. Needs Yahoo! Inc. to Stay Alive (VZ) - (NYSE:VZ) - October 20 at 8:19 PM logo[$$] Verizon Reviewing Terms of Yahoo Deal As Revenue Slides (NYSE:VZ) - October 20 at 8:19 PM logoStocks Slip as Investors Focus on Earnings (NYSE:VZ) - October 20 at 8:19 PM logoVerizon, Yahoo lawyers start 'long process' of weighing impact of breach (NYSE:VZ) - October 20 at 8:19 PM logoVerizon Communications Enters Oversold Territory (NYSE:VZ) - October 20 at 1:45 PM logoOil And Equities: Recent Correlation Worth Watching To See If It Lasts (NYSE:VZ) - October 20 at 12:45 PM
News IconHot Tech Stocks To Watch Right Now: Verizon Communications Inc. (VZ), International Business Machines Corporation ... - The Independent Republic (NYSE:VZ) - October 20 at 8:47 AM logoWill Verizon Communications Inc. (VZ) Beat Q3 FY16 Earnings Estimates? - TCC (NYSE:VZ) - October 20 at 8:47 AM logoVerizon Misses Revenue Forecast, Shares Fall (NYSE:VZ) - October 20 at 8:47 AM logo[$$] Verizon Revenue Falls Below Views (NYSE:VZ) - October 20 at 8:47 AM logoVerizon Communications Inc Earnings Call scheduled for 8:30 am ET today (NYSE:VZ) - October 20 at 8:47 AM logoMorning Movers: DNKN, VZ, WBA, WFC, TSLA (NYSE:VZ) - October 20 at 8:47 AM logoEarnings Scheduled For October 20, 2016 (NYSE:VZ) - October 20 at 5:27 AM
News IconWhat to Expect From Verizon Earnings (NYSE:VZ) - October 19 at 7:40 PM logoYahoo Preps for Verizon Deal Despite Uncertainty (VZ, YHOO) (NYSE:VZ) - October 19 at 7:40 PM logoYahoo Discloses Traffic Stats To Smooth Over Investor's Data Breach Concerns (NYSE:VZ) - October 19 at 2:59 PM logoYahoo Says Traffic Rose Despite Hacking That Could Alter Verizon Deal - New York Times (NYSE:VZ) - October 18 at 8:13 PM logoNews Buzz Verizon Communications Inc. (NYSE:VZ), Blackstone Group LP (NYSE:BX) - Wall Street 24 (NYSE:VZ) - October 18 at 7:53 PM
News IconNoteworthy Analyst Ratings of Two Stocks: Verizon Communications Inc. (NYSE:VZ), Alphabet Inc. (NASDAQ:GOOGL) - The Voice Registrar (NYSE:VZ) - October 18 at 7:53 PM
News IconVerizon Communications Inc. (NYSE:VZ) & Exxon Mobil Corporation ... - Money News (NYSE:VZ) - October 18 at 7:53 PM logoEarnings Preview: Verizon Communications Inc., Microsoft Corporation, and Advanced Micro Devices, Inc. - Schaeffers Research (blog) (NYSE:VZ) - October 18 at 7:53 PM


Verizon Communications (NYSE:VZ) Chart for Wednesday, October, 26, 2016

Last Updated on 10/26/2016 by Staff