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: $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%
  • Debt-to-Equity Ratio: 4.39%
  • Current Ratio: 0.87%
  • Quick Ratio: 0.83%
Additional Links:
Companies Related to Verizon Communications:

Analyst Ratings

Consensus Ratings for Verizon Communications (NYSE:VZ) (?)
Ratings Breakdown: 25 Hold Ratings, 7 Buy Ratings
Consensus Rating:Hold (Score: 2.22)
Consensus Price Target: $54.51 (8.36% upside)

Analysts' Ratings History for Verizon Communications (NYSE:VZ)
DateFirmActionRatingPrice TargetDetails
2/21/2017Moffett NathansonUpgradeNeutral -> Buy$53.00 -> $54.00View Rating Details
2/16/2017Evercore ISIReiterated RatingHoldView Rating Details
2/16/2017InstinetReiterated RatingNeutral$47.00View Rating Details
2/15/2017Wells Fargo & CompanyReiterated RatingMarket Perform$80.00View Rating Details
1/26/2017Cowen and CompanyReiterated RatingMarket Perform$49.00View Rating Details
1/25/2017Raymond James Financial, Inc.Reiterated RatingOutperform -> Market PerformView Rating Details
1/25/2017RBC Capital MarketsDowngradeOutperform -> Sector Perform$54.00 -> $51.00View Rating Details
1/25/2017Jefferies Group LLCReiterated RatingHold$53.00 -> $51.00View Rating Details
1/25/2017Royal Bank Of CanadaDowngradeOutperform -> Sector Perform$54.00 -> $51.00View Rating Details
1/25/2017MacquarieLower Price TargetNeutral$55.00 -> $53.00View Rating Details
1/25/2017FBR & CoDowngradeOutperform -> Market Perform$57.00 -> $52.00View Rating Details
1/25/2017Barclays PLCLower Price TargetEqual Weight$53.00 -> $52.00View Rating Details
1/24/2017Goldman Sachs Group, Inc. (The)Lower Price TargetNeutral$54.00 -> $51.00View Rating Details
1/24/2017Pacific CrestReiterated RatingEqual WeightView Rating Details
1/24/2017BTIG ResearchReiterated RatingNeutralView Rating Details
1/24/2017Citigroup Inc.Reiterated RatingBuyView Rating Details
1/24/2017Drexel HamiltonReiterated RatingBuy$54.00View Rating Details
1/23/2017Needham & Company LLCReiterated RatingHoldView Rating Details
1/19/2017HSBC Holdings plcUpgradeHold -> Buy$61.00View Rating Details
10/23/2016Robert W. BairdReiterated RatingNeutral$55.00 -> $52.00View Rating Details
10/23/2016Morgan StanleyReiterated RatingOverweight$60.00View Rating Details
9/12/2016NomuraReiterated RatingHold$47.00View Rating Details
8/2/2016Imperial CapitalDowngradeOutperform -> In-Line$50.00 -> $60.00View Rating Details
7/27/2016J P Morgan Chase & CoBoost 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
7/20/2016Oppenheimer Holdings, Inc.DowngradeOutperform -> Market PerformView Rating Details
7/15/2016Deutsche Bank AGReiterated RatingHold$52.00View Rating Details
6/8/2016Bank of America CorpReiterated RatingBuyView Rating Details
4/18/2016ScotiabankDowngradeSector Outperform -> Sector PerformView Rating Details
4/7/2016Sanford C. BernsteinDowngradeOutperform -> Market Perform$54.00 -> $55.00View Rating Details
4/1/2016HansonDowngradeBuy -> Neutral$55.00View Rating Details
2/4/2016DA DavidsonInitiated CoverageNeutral$53.00View 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
(Data available from 2/24/2015 forward)


Earnings History for Verizon Communications (NYSE:VZ)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
1/24/2017Q416$0.89$0.86$32.12 billion$32.30 billionViewListenView Earnings Details
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: $3.85 EPS
Next Year EPS Consensus Estimate: $3.96 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 20175$0.98$1.03$1.01
Q2 20175$0.94$1.04$1.00
Q3 20175$1.01$1.06$1.02
Q4 20175$0.84$1.04$0.91
(Data provided by Zacks Investment Research)


Current Dividend Information for Verizon Communications (NYSE:VZ)
Annual Dividend:$2.31
Dividend Yield:4.59%
Dividend Growth:3.10% (3 Year Average)
Payout Ratio:71.74% (Based on Trailing 12 Months of Earnings)
60.00% (Based on Current Year Consensus EPS Estimate)
58.33% (Based on Next Year Consensus EPS Estimate)
Track Record:10 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: 63.38%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
2/14/2017Anthony T SkiadasSVPSell12,495$48.27$603,133.65View SEC Filing  
11/22/2016Craig L SillimanEVPSell668$49.29$32,925.72View SEC Filing  
10/26/2016Craig L SillimanEVPSell672$47.76$32,094.72View SEC Filing  
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)
DateHeadline logoLingering Questions On The Yahoo-Verizon Deal (NYSE:VZ) - February 23 at 11:51 PM
News IconDigging Up the Facts on Verizon Communications Inc. (VZ) (NYSE:VZ) - February 23 at 11:51 PM logoVerizon launches Exponent, a new technology and business venture designed to accelerate growth for global carriers (NYSE:VZ) - February 23 at 11:51 PM logo[video]Verizon Is Most Reliable Network, says RootMetrics (NYSE:VZ) - February 23 at 11:51 PM logoVerizon Communications Inc. (VZ) Wins RootMetrics Nationwide Tests (NYSE:VZ) - February 23 at 2:05 PM
News IconThe Verizon Communications Inc. (VZ) Given "Neutral" Rating at Instinet (NYSE:VZ) - February 23 at 3:24 AM
News IconThe Verizon Communications Inc. (VZ) Receives "Hold" Rating from Evercore ISI (NYSE:VZ) - February 23 at 3:24 AM logoVerizon Communications Inc. -- Moody's: Verizon's revised agreement to purchase Yahoo does not impact its ratings (NYSE:VZ) - February 23 at 3:24 AM logoThe CEO of a $650 million YouTube juggernaut is stepping down (NYSE:VZ) - February 23 at 3:24 AM logoVerizon to pilot 5G broadband technology in Atlanta (NYSE:VZ) - February 23 at 3:24 AM logoVerizon set to pilot 5G broadband technology in Seattle (NYSE:VZ) - February 23 at 3:24 AM logoVerizon joins forces with Nanyang Technology University's Business School on cybersecurity risk research (NYSE:VZ) - February 23 at 3:24 AM logoVerizon Unlimited on the network you deserve: RootMetrics® ranks Verizon highest in overall network performance for seventh time in a row (NYSE:VZ) - February 23 at 3:24 AM logoMarketWatch First Take: The revised Verizon-Yahoo deal puts liability on Altaba (NYSE:VZ) - February 22 at 11:39 AM
News IconToday Analysts Focus on Freeport-McMoRan Inc. (FCX), Verizon Communications Inc. (VZ) - StockNewsJournal (NYSE:VZ) - February 22 at 11:10 AM
News IconM&A: Verizon Communications Inc. (NYSE:VZ) And Yahoo! Inc. (NASDAQ:YHOO) Agrees To Reduce Acquisition Price ... - Stock Market Daily (NYSE:VZ) - February 22 at 11:10 AM
News IconHow Does the Chart Look for Verizon Communications Inc. (VZ) ? - The USA Commerce (NYSE:VZ) - February 22 at 11:10 AM logoVerizon Communications : Yahoo pays the price for massive data breaches in Verizon deal (NYSE:VZ) - February 21 at 4:08 PM logoVERIZON COMMUNICATIONS INC. (NYSE:VZ) Files An 8-K Regulation FD Disclosure (NYSE:VZ) - February 21 at 4:08 PM
News IconVerizon Communications Inc. (VZ) Shares Bought by Cornercap Investment Counsel Inc (NYSE:VZ) - February 21 at 4:08 PM
News IconVerizon Communications Inc. (VZ) Shares Sold by NN Investment Partners Holdings NV (NYSE:VZ) - February 21 at 4:08 PM logoVerizon, Yahoo agree to lowered $4.48 bln deal following cyber attacks (NYSE:VZ) - February 21 at 4:08 PM logoVerizon, Yahoo agree to lowered $4.48 billion deal following cyber attacks (NYSE:VZ) - February 21 at 4:08 PM logo[$$] Why Verizon Decided to Stick With Yahoo Deal (NYSE:VZ) - February 21 at 4:08 PM logoAOL's Armstrong Expects Finalized Verizon, Yahoo Deal Within 10 Weeks (NYSE:VZ) - February 21 at 4:08 PM logoHere's Why A Sprint/T-Mobile Tie-Up Is Such A Big Deal (NYSE:VZ) - February 21 at 12:45 PM logoYahoo salvages Verizon deal by giving Verizon a $350-million discount - Los Angeles Times (NYSE:VZ) - February 21 at 12:45 PM logoYahoo salvages Verizon deal with $350-million discount  (NYSE:VZ) - February 21 at 9:37 AM logoBetter Buy: AT&T Inc. vs. Verizon Communications Inc. (NYSE:VZ) - February 21 at 9:15 AM logoVerizon Communications Inc. (VZ)'s Yield Is Creeping Higher ... - Insider Monkey (blog) (NYSE:VZ) - February 21 at 8:13 AM logoVerizon and Yahoo! Reportedly Have Agreed to a Revised Deal (NYSE:VZ) - February 21 at 8:13 AM logoVerizon revises deal with Yahoo to $4.48 bln (NYSE:VZ) - February 21 at 8:13 AM logoAT&T Vs. Verizon - Verizon Yielding Same As AT&T, Time To Buy? (NYSE:VZ) - February 20 at 7:34 PM logoVerizon simplifies prepaid offerings, introduces new 2 GB plan (NYSE:VZ) - February 20 at 7:34 PM logoVerizon names Andrew McKechnie to lead new in-house creative agency (NYSE:VZ) - February 20 at 7:34 PM
News IconVerizon Communications Inc. (VZ)’s Yield Is Creeping Higher (NYSE:VZ) - February 20 at 11:16 AM logoAT&T Vs. Verizon - Which One Is A Better Investment? (NYSE:VZ) - February 20 at 8:12 AM logoSoftBank: Good Time To Sell Sprint? (NYSE:VZ) - February 20 at 8:12 AM
News IconVerizon Wants a $250 Million Discount on Yahoo Sale (NYSE:VZ) - February 19 at 8:14 AM logoVerizon Buys Skyward: Expands Drone, IoT Offerings (NYSE:VZ) - February 18 at 11:22 AM logoT-Mobile, Verizon Top Mobile Network Rankings (NYSE:VZ) - February 17 at 5:08 PM logoInsider Trading Activity Verizon Communications Inc. (NYSE:VZ) – SVP Sold 12,495 shares of Stock (NYSE:VZ) - February 17 at 5:08 PM logoYahoo joins other tech giants in fight against Trump travel bans (NYSE:VZ) - February 17 at 5:08 PM logoHow the Major Unlimited Data Plans Stack Up (NYSE:VZ) - February 17 at 5:08 PM logoUnlimited Data Offers Mean New Carrier Price War (NYSE:VZ) - February 17 at 5:08 PM logoT-Mo Jumps 4% as Reuters Says SoftBank Looking to Sell Them Sprint (NYSE:VZ) - February 17 at 5:08 PM logoAT&T Drops TV Subscription Requirement From Unlimited Data Plan (NYSE:VZ) - February 17 at 5:08 PM logoT-Mobile 4G Network Coverage Gap Narrowing (NYSE:VZ) - February 17 at 5:08 PM logoSprint Could Sell To T-Mobile, But Dish Network Looms (NYSE:VZ) - February 17 at 5:08 PM logoDow Jones and Nasdaq Reach New Highs on Friday (NYSE:VZ) - February 17 at 5:08 PM


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.

Verizon Communications (NYSE:VZ) Chart for Friday, February, 24, 2017

Institutional Ownership Chart

Institutional Ownership by Quarter for Verizon Communications (NYSE:VZ)

Earnings History Chart

Earnings by Quarter for Verizon Communications (NYSE:VZ)

Dividend History Chart

Dividend Payments by Quarter for Verizon Communications (NYSE:VZ)

Last Updated on 2/24/2017 by Staff