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: $51.98
  • 50 Day Moving Average: $52.50
  • 200 Day Moving Average: $52.83
  • 52-Week Range: $42.20 - $56.95
  • Trailing P/E Ratio: 14.68
  • Foreward P/E Ratio: 12.90
  • P/E Growth: 3.93
  • Market Cap: $211.89B
  • Outstanding Shares: 4,076,301,000
  • Beta: 0.26
Profitability:
  • Net Margins: 11.10%
  • Return on Equity: 87.41%
  • Return on Assets: 6.65%
Debt:
  • Debt-to-Equity Ratio: 4.48%
  • Current Ratio: 0.61%
  • Quick Ratio: 0.58%
Additional Links:
Companies Related to Verizon Communications:

Analyst Ratings

Consensus Ratings for Verizon Communications (NYSE:VZ) (?)
Ratings Breakdown: 23 Hold Ratings, 8 Buy Ratings
Consensus Rating:Hold (Score: 2.26)
Consensus Price Target: $54.30 (4.47% upside)

Analysts' Ratings History for Verizon Communications (NYSE:VZ)
Show:
DateFirmActionRatingPrice TargetDetails
9/28/2016HSBCReiterated RatingHold$54.00View Rating Details
9/19/2016Jefferies GroupReiterated RatingNeutral -> HoldView 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
7/28/2016Morgan StanleyBoost Price TargetOverweight$59.00 -> $60.00View Rating Details
7/27/2016JPMorgan Chase & Co.Boost Price TargetNeutral$50.00 -> $56.00View Rating Details
7/27/2016Pacific CrestReiterated RatingHoldView Rating Details
7/27/2016ArgusReiterated RatingBuy$60.00View Rating Details
7/27/2016Drexel HamiltonReiterated RatingHold -> In-LineView Rating Details
7/27/2016Hilliard LyonsDowngradeBuy -> Neutral$53.00View Rating Details
7/27/2016FBR & CoBoost Price TargetOutperform$54.00 -> $57.00View Rating Details
7/25/2016RBC Capital MarketsReiterated RatingBuyView Rating Details
7/20/2016Citigroup Inc.DowngradeMarket PerformView 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
6/28/2016Robert W. BairdReiterated RatingNeutral$54.00View 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
3/28/2016Wells Fargo & Co.Reiterated RatingBuyView Rating Details
2/4/2016DA DavidsonInitiated CoverageNeutral$53.00View Rating Details
12/15/2015BTIG ResearchDowngradeBuy -> NeutralView Rating Details
11/4/2015Cowen and CompanyReiterated RatingMarket Perform$48.00View 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
12/30/2014Goldman Sachs Group Inc.DowngradeBuy -> NeutralView 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 9/30/2014 forward)

Earnings

Earnings History for Verizon Communications (NYSE:VZ)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/20/2016ListenView 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)

Estimates

Earnings Estimates for Verizon Communications (NYSE:VZ)
Current Year EPS Consensus Estimate: $3.89 EPS
Next Year EPS Consensus Estimate: $4.03 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$0.94
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)

Dividends

Current Dividend Information for Verizon Communications (NYSE:VZ)
Annual Dividend:$2.26
Dividend Yield:4.35%
Dividend Growth:3.20% (3 Year Average)
Payout Ratio:63.84% (Based on Trailing 12 Months of Earnings)
58.10% (Based on Current Year Consensus EPS Estimate)
56.08% (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
9/1/2016quarterly$0.014.37%10/5/201610/7/201611/1/2016
6/2/2016quarterly$0.574.44%7/6/20167/8/20168/1/2016
3/4/2016quarterly$0.574.33%4/6/20164/8/20165/2/2016
12/3/2015quarterly$0.574.94%1/6/20161/8/20162/1/2016
9/3/2015quarterly$0.575.04%10/7/201510/9/201511/2/2015
6/4/2015quarterly$0.554.66%7/8/20157/10/20158/3/2015
3/6/2015quarterly$0.554.56%4/8/20154/10/20155/1/2015
12/4/2014quarterly$0.554.53%1/7/20151/9/20152/2/2015
9/4/2014quarterly$0.554.41%10/8/201410/10/201411/3/2014
6/5/2014quarterly$0.534.29%7/8/20147/10/20148/1/2014
3/7/2014quarterly$0.534.51%4/8/20144/10/20145/1/2014
12/5/2013quarterly$0.534.28%1/8/20141/10/20142/3/2014
9/2/2013quarterly$0.534.53%10/8/201310/10/201311/1/2013
6/6/2013quarterly$0.524.1%7/8/20137/10/20138/1/2013
3/8/2013quarterly$0.524.31%4/8/20134/10/20135/1/2013
12/9/2012quarterly$0.524.64%1/8/20131/10/20132/1/2013
(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: 63.47%
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)

Headlines

Latest Headlines for Verizon Communications (NYSE:VZ)
DateHeadline
News IconNoteworthy Analyst Ratings of Two Stocks Verizon Communications (NYSE:VZ), AT&T (NYSE:T) - The Voice Registrar (NYSE:VZ)
voiceregistrar.com - September 30 at 7:16 PM
sg.finance.yahoo.com logoYahoo hack may become test case for SEC data breach disclosure rules (NYSE:VZ)
sg.finance.yahoo.com - September 30 at 7:16 PM
News IconThe biggest job in media is at the phone company (NYSE:VZ)
qz.com - September 30 at 6:58 AM
News IconFund Move to Note: Letko Brosseau & Associates INC Has ... - Chester News (NYSE:VZ)
www.chesterindependent.com - September 29 at 7:55 PM
finance.yahoo.com logoU.S. FCC delays final vote on pay TV box reform (NYSE:VZ)
finance.yahoo.com - September 29 at 7:55 PM
News IconEVP of PubPolicy & Gen Counsel of Verizon Communications Inc (NYSE:VZ), Silliman Craig L., sells 672 shares worth $35,213 (NYSE:VZ)
empowerednews.net - September 28 at 7:49 PM
News IconVerizon Communications Inc. (NYSE:VZ) Performance Analysis - Newburgh Press (NYSE:VZ)
newburghpress.com - September 27 at 7:57 PM
News IconSEC Filing: Verizon Communications INC (VZ) Shareholder Blackrock Institutional Trust Company Boosted Its Position ... - Chester News (NYSE:VZ)
www.chesterindependent.com - September 27 at 7:57 PM
investorplace.com logoVerizon Communications Inc. (VZ) Shouldn’t Even BLINK on Yahoo Deal (NYSE:VZ)
investorplace.com - September 27 at 10:02 AM
News IconVerizon Communications Inc. (NYSE:VZ) & Lowe's Companies, Inc. (NYSE:LOW) Worth Watching Stocks - Money News (NYSE:VZ)
www.newsismoney.com - September 27 at 9:42 AM
News IconAnalysts Valuations For Two Stocks: Xilinx, Inc. (NASDAQ:XLNX ... - The Voice Registrar (NYSE:VZ)
voiceregistrar.com - September 27 at 9:42 AM
News IconVerizon Communications Inc. (NYSE:VZ) & Hilton Worldwide ... - Money News (NYSE:VZ)
www.newsismoney.com - September 27 at 9:42 AM
investors.com logoVZ Stock: The No. 1 Reason to Be Bullish on Verizon Communications Inc. - Income Investors (NYSE:VZ)
www.incomeinvestors.com - September 27 at 9:42 AM
marketrealist.com logoThese Two Telecom Giants Should Benefit Most from Apple’s iPhone 7 (NYSE:VZ)
marketrealist.com - September 27 at 9:42 AM
thestreet.com logoWhy Yahoo! (YHOO) is Still a Valuable Asset to Verizon (NYSE:VZ)
www.thestreet.com - September 27 at 9:42 AM
investors.com logoAmazon, Facebook, Priceline, Comcast Get Price-Target Hikes (NYSE:VZ)
www.investors.com - September 27 at 9:42 AM
nasdaq.com logoInteresting July 2017 Stock Options for VZ (NYSE:VZ)
www.nasdaq.com - September 26 at 8:02 PM
sg.finance.yahoo.com logoU.S. senator seeks SEC probe of Yahoo disclosure on hacking (NYSE:VZ)
sg.finance.yahoo.com - September 26 at 8:02 PM
zacks.com logoVerizon (VZ) to Counter Competition with 5G Fixed Wireless (NYSE:VZ)
www.zacks.com - September 26 at 7:59 AM
finance.yahoo.com logoT-Mobile US to Buy Spectrum from Charter Communications (NYSE:VZ)
finance.yahoo.com - September 26 at 7:59 AM
cnbc.com logoAOL signs seven-figure VR ad deal with American Family Insurance (NYSE:VZ)
www.cnbc.com - September 26 at 7:59 AM
investopedia.com logoVerizon Unhappy Over Yahoo Data Breach (VZ, YHOO) - Investopedia (NYSE:VZ)
www.investopedia.com - September 24 at 6:46 AM
sg.finance.yahoo.com logoYahoo faces growing scrutiny over when it learned of data breach (NYSE:VZ)
sg.finance.yahoo.com - September 24 at 6:46 AM
investopedia.com logoVerizon Unhappy Over Yahoo Data Breach (VZ, YHOO) (NYSE:VZ)
www.investopedia.com - September 23 at 7:23 PM
feeds.benzinga.com logoWhy Verizon Just Found Out About Yahoo's Security Breach This Week (NYSE:VZ)
feeds.benzinga.com - September 23 at 4:55 PM
nytimes.com logoYahoo Says Hackers Stole Data on 500 Million Users in 2014 - New York Times (NYSE:VZ)
www.nytimes.com - September 23 at 3:16 PM
nytimes.com logoDealBook|Morning Agenda: Yahoo's Hacking, Princeling Problem, Test for the Justice Dept. - New York Times (NYSE:VZ)
www.nytimes.com - September 23 at 6:44 AM
News IconTech Stocks Outlines! Verizon Communications Inc. (VZ), ON Semiconductor Corp (NASDAQ:ON) - share market updates (press release) (NYSE:VZ)
sharemarketupdates.com - September 23 at 6:43 AM
etfdailynews.com logoReport: Yahoo Suffered Huge Data Breach, Hundreds of Millions Compromised - ETF Daily News (blog) (NYSE:VZ)
etfdailynews.com - September 22 at 7:41 PM
sg.finance.yahoo.com logoYahoo says hackers stole data from 500 million accounts in 2014 (NYSE:VZ)
sg.finance.yahoo.com - September 22 at 7:41 PM
thestreet.com logoJim Cramer's 'Mad Money' Recap: Tune Out the Fed, Focus on What Matters (NYSE:VZ)
www.thestreet.com - September 22 at 7:41 PM
reuters.com logoUS carrier Verizon starts taking orders for new Samsung Note 7 phones - Reuters (NYSE:VZ)
www.reuters.com - September 21 at 7:32 PM
News IconTech Stocks Summary! AT&T Inc. (T), Verizon Communications Inc. (NYSE:VZ) - share market updates (press release) (NYSE:VZ)
sharemarketupdates.com - September 21 at 7:32 PM
sg.finance.yahoo.com logoAnother big cable company says it wants to do cellphones too (NYSE:VZ)
sg.finance.yahoo.com - September 21 at 7:32 PM
News IconVerizon CFO Fran Shammo to speak at Goldman Sachs conference Sept. 22 (NYSE:VZ)
www.itbusinessnet.com - September 21 at 11:55 AM
News IconU.S. carrier Verizon starts taking orders for new Samsung Note 7 phones (NYSE:VZ)
www.todayonline.com - September 21 at 11:55 AM
feeds.benzinga.com logoFCC TV Spectrum Reverse Auction: Here's What That Means (NYSE:VZ)
feeds.benzinga.com - September 20 at 10:43 AM
News Icon$VZ & $PBR – Verizon Communications Inc. (NYSE:VZ) & Petroleo ... - Money News (NYSE:VZ)
www.newsismoney.com - September 20 at 6:27 AM
wsj.com logo[$$] Search for Bombing Suspect Puts Spotlight on Emergency-Alert System (NYSE:VZ)
www.wsj.com - September 20 at 6:27 AM
marketwatch.com logoApple price target lifted to $127 per share from $115 at UBS (NYSE:VZ)
www.marketwatch.com - September 20 at 6:27 AM
finance.yahoo.com logoStocks Trade Lower Monday With Global Central Bank Uncertainty (NYSE:VZ)
finance.yahoo.com - September 19 at 7:54 PM
forbes.com logoVZ July 2017 Options Begin Trading (NYSE:VZ)
www.forbes.com - September 19 at 12:27 PM
stocksdaily.net logoVerizon Communications Inc. (NYSE:VZ) Ratings in Focus (NYSE:VZ)
www.stocksdaily.net - September 18 at 7:25 PM
ft.com logo[$$] UK must switch off 'analogue' thinking or lose 5G race, says outgoing O2 chief (NYSE:VZ)
www.ft.com - September 18 at 7:25 PM
tmcnet.com logoVerizon CFO Fran Shammo announces plans to retire (NYSE:VZ)
www.tmcnet.com - September 17 at 7:25 PM
News Icon$VZ & $WBA – Verizon Communications Inc. (NYSE:VZ ... - Money News (NYSE:VZ)
www.newsismoney.com - September 17 at 6:43 AM
News IconTech Stocks in the Rumor! Verizon Communications Inc. (VZ), Hewlett Packard Enterprise Co (NYSE:HPE) - share market updates (press release) (NYSE:VZ)
sharemarketupdates.com - September 17 at 6:43 AM
bizjournals.com logoWhat's on the line as Twitter kicks off NFL streaming? (NYSE:VZ)
www.bizjournals.com - September 15 at 8:09 PM
finance.yahoo.com logoVerizon: iPhone 7 Preorders Lagging (VZ, AAPL) (NYSE:VZ)
finance.yahoo.com - September 15 at 11:49 AM
fool.com logoFrontier Communications Corporation's Most Disappointing Business Segment in 2016 So Far (NYSE:VZ)
www.fool.com - September 15 at 11:49 AM

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Verizon Communications (NYSE:VZ) Chart for Friday, September, 30, 2016


Last Updated on 9/30/2016 by MarketBeat.com Staff