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: $52.50
  • 50 Day Moving Average: $54.33
  • 200 Day Moving Average: $52.65
  • Trailing P/E Ratio: 14.83
  • Foreward P/E Ratio: 12.93
  • P/E Growth: 4.16
  • Market Cap: $214.01B
  • Outstanding Shares: 4,076,301,000
  • Beta: 0.22
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: $54.32 (3.46% upside)

Analysts' Ratings History for Verizon Communications (NYSE:VZ)
Show:
DateFirmActionRatingPrice TargetDetails
8/26/2016Barclays PLCReiterated RatingEqual Weight$52.00View Rating Details
8/6/2016Jefferies GroupReiterated RatingHoldView 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
2/24/2016NomuraReiterated RatingNeutral$47.00View 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
12/2/2014HSBCInitiated CoverageNeutral$52.50View Rating Details
11/5/2014Sarasin & PartnersInitiated CoverageNeutralView Rating Details
(Data available from 8/30/2014 forward)

Earnings

Earnings History for Verizon Communications (NYSE:VZ)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/20/2016        
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: $3.92 EPS
Next Year EPS Consensus Estimate: $4.06 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:4.30%
Payout Ratio:63.84% (Based on Trailing 12 Months of Earnings)
57.65% (Based on Current Year Consensus EPS Estimate)
55.67% (Based on Next Year Consensus EPS Estimate)
Dividend Growth:3.20% (3 Year Average)

Dividend History for Verizon Communications (NYSE:VZ)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
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)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
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
marketrealist.com logoWill Dish Buy More Spectrum? (NYSE:VZ)
marketrealist.com - August 29 at 8:07 PM
marketwatch.com logoCarter Worth And Mike Khouw's Verizon Trade (NYSE:VZ)
www.marketwatch.com - August 29 at 6:59 AM
finance.yahoo.com logoAre You In The Race For Faster Internet Speeds? (NYSE:VZ)
finance.yahoo.com - August 29 at 6:59 AM
barrons.com logo[$$] The 10 Best Dividend Stocks (NYSE:VZ)
www.barrons.com - August 27 at 6:58 AM
News IconStocks to Track - Verizon Communications (NYSE:VZ), Dollar Tree (NASDAQ:DLTR) - Money News (press release) (NYSE:VZ)
www.newsismoney.com - August 26 at 7:46 PM
247wallst.com logoVerizon, McDonald's Weigh on DJIA Friday - 24/7 Wall St. (NYSE:VZ)
247wallst.com - August 26 at 7:46 PM
marketexclusive.com logoAT&T Inc. (NYSE:T), Verizon Communications Inc. (NYSE:VZ), T-Mobile US Inc (NASDAQ:TMUS) Offer Free Calls To ... - Market Exclusive (NYSE:VZ)
marketexclusive.com - August 26 at 7:46 PM
finance.yahoo.com logoUS Stocks Lower Friday With Hawkish Tone From Fed (NYSE:VZ)
finance.yahoo.com - August 26 at 7:46 PM
finance.yahoo.com logoVerizon Updates 5G Specifications, Launch Proposed in 2017 (NYSE:VZ)
finance.yahoo.com - August 26 at 11:03 AM
forbes.com logoAfter Jackson Hole - The Four Most Important Investment Issues (NYSE:VZ)
www.forbes.com - August 26 at 11:03 AM
News IconWorth Watching Stocks on the Run: Verizon Communications Inc. (NYSE:VZ), Delta Air Lines, Inc. (NYSE:DAL) - NYSE Journal (press release) (NYSE:VZ)
stockznews.com - August 25 at 8:27 PM
thecountrycaller.com logoVerizon Communications Inc.'s (NYSE:VZ) FiOS Merges With Disney ... - TCC (NYSE:VZ)
www.thecountrycaller.com - August 25 at 7:04 AM
News IconActive Runners - Valeant Pharmaceuticals (NYSE:VRX), Verizon Communications (NYSE:VZ) - Money News (press release) (NYSE:VZ)
www.newsismoney.com - August 24 at 7:56 PM
News IconRecommendations and Price Target Estimates: Verizon Communications Inc. (NYSE:VZ) - Post Registrar (NYSE:VZ)
postregistrar.com - August 24 at 7:56 PM
marketexclusive.com logoVerizon Communications Inc. (NYSE:VZ) Tops New Survey Of Wireless Carriers - Market Exclusive (NYSE:VZ)
marketexclusive.com - August 24 at 7:56 PM
forbes.com logoVerizon Communications Enters Oversold Territory (NYSE:VZ)
www.forbes.com - August 24 at 12:37 PM
marketexclusive.com logoVerizon Communications Inc. (NYSE:VZ) Tops New Survey Of Wireless Carriers (NYSE:VZ)
marketexclusive.com - August 24 at 11:15 AM
4-traders.com logoVerizon Communications : Wisconsin Network performance tests rank Verizon No. 1 (for the sixth time in a row) (NYSE:VZ)
www.4-traders.com - August 23 at 12:09 PM
feeds.reuters.com logoBRIEF-Verizon Communications will redeem all of outstanding 4.80% notes, due September 23, 2044 (NYSE:VZ)
feeds.reuters.com - August 23 at 4:57 AM
nasdaq.com logoCharter into Top 3 Ethernet Providers, Surpasses Verizon (NYSE:VZ)
www.nasdaq.com - August 22 at 8:07 PM
finance.yahoo.com logoVerizon (VZ) 5G Plans on Track, Competition on the Rise (NYSE:VZ)
finance.yahoo.com - August 22 at 8:07 PM
News IconVerizon Communications Inc Vz Shares Bought By New England Research Amp Management Inc (NYSE:VZ)
gizpress.com - August 22 at 6:43 AM
wsj.com logo[$$] Subscriber Exodus (NYSE:VZ)
www.wsj.com - August 22 at 6:43 AM
News IconVerizon Communications Inc. (VZ) Unlimited Data Plan Missing (NYSE:VZ)
learnbonds.com - August 19 at 8:01 PM
News IconVerizon Communications Inc. (NYSE:VZ) & Tyson Foods, Inc. (NYSE:TSN) Stocks Alert - Money News (press release) (NYSE:VZ)
www.newsismoney.com - August 19 at 11:08 AM
News IconVerizon Communications Inc. (VZ) Unlimited Data Plan Missing - LearnBonds (NYSE:VZ)
learnbonds.com - August 19 at 11:08 AM
News IconMomentum Stocks in Focus: Verizon Communications Inc. (NYSE:VZ), Chesapeake Energy Corporation (NYSE:CHK) - NYSE Journal (press release) (NYSE:VZ)
stockznews.com - August 18 at 8:25 PM
News IconVerizon Communications (NYSE:VZ) & 58.com Inc (NYSE:WUBA ... - Money News (press release) (NYSE:VZ)
www.newsismoney.com - August 18 at 8:25 PM
feeds.benzinga.com logoIs Paying For Mobile Data Outdated? T-Mobile And Sprint Launch Unlimited Plans (NYSE:VZ)
feeds.benzinga.com - August 18 at 5:55 PM
4-traders.com logoVerizon Communications : Jonathan LeCompte named president of Verizon's Pacific Market (NYSE:VZ)
www.4-traders.com - August 18 at 11:20 AM
bizjournals.com logoT-Mobile offers unlimited data to all customers (NYSE:VZ)
www.bizjournals.com - August 18 at 11:20 AM
investors.com logoT-Mobile, Sprint Wage Unlimited Price War Ahead of Apple iPhone Launch (NYSE:VZ)
www.investors.com - August 18 at 11:20 AM
News IconWhat Do Analysts Think Of Verizon Communications Inc. (NYSE:VZ)? (NYSE:VZ)
myhealthbowl.com - August 17 at 11:08 AM
News IconVerizon Communications Inc. (VZ) Dividend Stock Analysis (NYSE:VZ)
www.dividend-growth-stocks.com - August 16 at 11:34 AM
4-traders.com logoVerizon Communications : Industry veteran Vic Bhagat joins Verizon Enterprise Solutions (NYSE:VZ)
www.4-traders.com - August 15 at 10:15 AM
finance.yahoo.com logoVerizon to Aggressively Deploy Dark Fiber for 5G Backhaul (NYSE:VZ)
finance.yahoo.com - August 15 at 10:15 AM
finance.yahoo.com logoIndustry veteran Vic Bhagat joins Verizon Enterprise Solutions (NYSE:VZ)
finance.yahoo.com - August 15 at 10:15 AM
finance.yahoo.com logoHoustonians receive improved wireless service in the downtown tunnels thanks to new antenna system resulting from multi-carrier effort (NYSE:VZ)
finance.yahoo.com - August 15 at 10:15 AM
finance.yahoo.com logoAT&T May Be Headed to Europe, Emerging Markets (NYSE:VZ)
finance.yahoo.com - August 14 at 6:46 AM
feeds.benzinga.com logoWhat Did Verizon Really Get In The Yahoo Deal? (NYSE:VZ)
feeds.benzinga.com - August 13 at 10:45 AM
feeds.benzinga.com logoArianna Huffington Leaving Publication To Pursue Health Startup (NYSE:VZ)
feeds.benzinga.com - August 11 at 12:28 PM
ft.com logo[$$] Arianna Huffington to leave her Post (NYSE:VZ)
www.ft.com - August 11 at 11:40 AM
bizjournals.com logoArianna Huffington steps down from Huffington Post, launching wellness startup (NYSE:VZ)
www.bizjournals.com - August 11 at 11:40 AM
uk.finance.yahoo.com logoHuffington Post founder leaves for wellness startup (NYSE:VZ)
uk.finance.yahoo.com - August 11 at 11:40 AM
latimes.com logoArianna Huffington is leaving the Huffington Post  (NYSE:VZ)
www.latimes.com - August 11 at 9:37 AM
News IconTech Stocks Indications: Twilio Inc (TWLO), Verizon Communications Inc. (VZ) - share market updates (press release) (NYSE:VZ)
sharemarketupdates.com - August 10 at 8:54 PM
News IconAnalysts showing optimistic trends for: Verizon Communications Inc. (NYSE:VZ) (NYSE:VZ)
www.newsoracle.com - August 10 at 11:28 AM
equities.com logoVerizon Communications Inc. (VZ) Closes 0.13% Up on the Day for August 09 (NYSE:VZ)
www.equities.com - August 10 at 11:28 AM
finance.yahoo.com logoVerizon (VZ) and Sprint (S) Are Fighting and Want You to Know About It (NYSE:VZ)
finance.yahoo.com - August 10 at 11:28 AM
News IconVerizon Communications Inc. (NYSE:VZ) Takes The Fight To Sprint Corp (NYSE:S) Through New Ad Featuring Jamie ... - Journal Transcript (NYSE:VZ)
www.journaltranscript.com - August 9 at 8:34 PM

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Verizon Communications (NYSE:VZ) Chart for Tuesday, August, 30, 2016


Last Updated on 8/30/2016 by MarketBeat.com Staff