NYSE:VZ - Verizon Communications Stock Price, News, & Analysis

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$54.92 +0.02 (+0.04 %)
(As of 10/22/2018 12:43 PM ET)
Previous Close$54.90
Today's Range$54.61 - $55.25
52-Week Range$43.97 - $55.90
Volume625,518 shs
Average Volume15.76 million shs
Market Capitalization$226.63 billion
P/E Ratio14.64
Dividend Yield4.39%
Beta0.71
Verizon Communications Inc., through its subsidiaries, offers communications, information, and entertainment products and services to consumers, businesses, and governmental agencies worldwide. The company's Wireless segment provides wireless voice and data services; Internet access on various notebook computers and tablets; multimedia, business-focused, and location-based services, as well as international travel services; and network access services to deliver various Internet of Things products and services. This segment also provides wireless devices, including smartphones and basic phones, wearables, and tablets and other Internet access devices. As of December 31, 2017, it had 116.3 million retail connections. Its Wireline segment offers traditional circuit-based network products and services; networking solutions, comprising private Internet protocol (IP), Ethernet, and software-defined wide area network, as well as cyber security services; local exchange, regional, long distance, and toll-free calling services; voice messaging and conferencing services; and workforce productivity and customer contact center solutions, as well as residential fixed connectivity solutions, including Internet, TV, and voice services under the Fios brand name. This segment also provides premises equipment, as well as installation, maintenance, and site services; data, voice, local dial tone, and broadband services primarily to local, long distance, and wireless carriers; voice and networking products, Fios services, IP networking, voice solutions, security, and managed information technology services for small and medium businesses, state and local governments, and educational institutions; and security and managed network services. The company was formerly known as Bell Atlantic Corporation and changed its name to Verizon Communications Inc. in June 2000. Verizon Communications Inc. was founded in 1983 and is headquartered in New York, New York.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Telephone communication, except radio
Sub-IndustryIntegrated Telecommunication Services
SectorComputer and Technology
SymbolNYSE:VZ
CUSIP92343V10
Phone212-395-1000

Debt

Debt-to-Equity Ratio2.04
Current Ratio0.96
Quick Ratio0.92

Price-To-Earnings

Trailing P/E Ratio14.64
Forward P/E Ratio11.79
P/E Growth2.18

Sales & Book Value

Annual Sales$126.03 billion
Price / Sales1.80
Cash Flow$7.9135 per share
Price / Cash6.94
Book Value$10.95 per share
Price / Book5.02

Profitability

EPS (Most Recent Fiscal Year)$3.74
Net Income$30.10 billion
Net Margins23.88%
Return on Equity38.62%
Return on Assets6.65%

Miscellaneous

Employees155,400
Outstanding Shares4,127,960,000
Market Cap$226.63 billion

Verizon Communications (NYSE:VZ) Frequently Asked Questions

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 announced a quarterly dividend on Thursday, September 6th. Investors of record on Wednesday, October 10th will be given a dividend of $0.6025 per share on Thursday, November 1st. This represents a $2.41 annualized dividend and a dividend yield of 4.40%. The ex-dividend date is Tuesday, October 9th. This is a positive change from Verizon Communications's previous quarterly dividend of $0.59. View Verizon Communications' Dividend History.

How will Verizon Communications' stock buyback program work?

Verizon Communications declared that its Board of Directors has approved a share repurchase plan on Saturday, April 8th 2017, which authorizes the company to buyback 100,000,000 shares, according to EventVestor. This buyback authorization authorizes the company to repurchase shares of its stock through open market purchases. Shares buyback plans are generally a sign that the company's leadership believes its stock is undervalued.

How were Verizon Communications' earnings last quarter?

Verizon Communications Inc. (NYSE:VZ) posted its quarterly earnings data on Tuesday, July, 24th. The cell phone carrier reported $1.20 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $1.14 by $0.06. The cell phone carrier earned $32.20 billion during the quarter, compared to analysts' expectations of $31.78 billion. Verizon Communications had a return on equity of 38.62% and a net margin of 23.88%. The business's quarterly revenue was up 5.4% compared to the same quarter last year. During the same period last year, the company earned $0.96 earnings per share. View Verizon Communications' Earnings History.

When is Verizon Communications' next earnings date?

Verizon Communications is scheduled to release their next quarterly earnings announcement on Tuesday, October 23rd 2018. View Earnings Estimates for Verizon Communications.

How can I listen to Verizon Communications' earnings call?

Verizon Communications will be holding an earnings conference call on Tuesday, October 23rd at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8884553018.

What price target have analysts set for VZ?

21 brokerages have issued 12 month price objectives for Verizon Communications' stock. Their predictions range from $49.00 to $63.00. On average, they expect Verizon Communications' stock price to reach $55.2778 in the next year. This suggests a possible upside of 1.0% from the stock's current price. View Analyst Price Targets for Verizon Communications.

What is the consensus analysts' recommendation for Verizon Communications?

21 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Verizon Communications in the last year. There are currently 6 hold ratings and 15 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Verizon Communications.

Are investors shorting Verizon Communications?

Verizon Communications saw a drop in short interest in September. As of September 28th, there was short interest totalling 33,213,396 shares, a drop of 20.8% from the September 14th total of 41,943,759 shares. Based on an average trading volume of 17,272,860 shares, the short-interest ratio is currently 1.9 days. Currently, 0.8% of the company's stock are sold short. View Verizon Communications' Current Options Chain.

Who are some of Verizon Communications' key competitors?

Who are Verizon Communications' key executives?

Verizon Communications' management team includes the folowing people:
  • Mr. Hans E. Vestberg, CEO & Director (Age 53)
  • Mr. Matthew D. Ellis, Exec. VP & CFO (Age 47)
  • Mr. Kyle J. Malady, Acting CTO & Chief Network Operations Officer
  • Mr. Marc Christopher Reed, Exec. VP & Chief Admin. Officer (Age 59)
  • Mr. Craig L. Silliman, Exec. VP of Public Policy, Gen. Counsel & Strategic Policy Adviser (Age 50)

Who are Verizon Communications' major shareholders?

Verizon Communications' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include MERIAN GLOBAL INVESTORS UK Ltd (0.14%), Hexavest Inc. (0.12%), DNB Asset Management AS (0.09%), State of New Jersey Common Pension Fund D (0.09%), Aperio Group LLC (0.07%) and Strs Ohio (0.07%). Company insiders that own Verizon Communications stock include Anthony T Skiadas, Craig L Silliman, Marni M Walden and Roger Gurnani. View Institutional Ownership Trends for Verizon Communications.

Which major investors are selling Verizon Communications stock?

VZ stock was sold by a variety of institutional investors in the last quarter, including Hexavest Inc., State of New Jersey Common Pension Fund D, Strs Ohio, Rathbone Brothers plc, Swedbank, Tributary Capital Management LLC, Hamlin Capital Management LLC and Deprince Race & Zollo Inc.. Company insiders that have sold Verizon Communications company stock in the last year include Anthony T Skiadas and Craig L Silliman. View Insider Buying and Selling for Verizon Communications.

Which major investors are buying Verizon Communications stock?

VZ stock was bought by a variety of institutional investors in the last quarter, including MERIAN GLOBAL INVESTORS UK Ltd, Barometer Capital Management Inc., DNB Asset Management AS, Cornerstone Investment Partners LLC, Aperio Group LLC, CHURCHILL MANAGEMENT Corp, Foundry Partners LLC and First Hawaiian Bank. View Insider Buying and Selling for Verizon Communications.

How do I buy shares of Verizon Communications?

Shares of VZ can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Verizon Communications' stock price today?

One share of VZ stock can currently be purchased for approximately $54.72.

How big of a company is Verizon Communications?

Verizon Communications has a market capitalization of $226.63 billion and generates $126.03 billion in revenue each year. The cell phone carrier earns $30.10 billion in net income (profit) each year or $3.74 on an earnings per share basis. Verizon Communications employs 155,400 workers across the globe.

What is Verizon Communications' official website?

The official website for Verizon Communications is http://www.verizon.com.

How can I contact Verizon Communications?

Verizon Communications' mailing address is 1095 AVENUE OF THE AMERICAS, NEW YORK NY, 10036. The cell phone carrier can be reached via phone at 212-395-1000 or via email at [email protected]


MarketBeat Community Rating for Verizon Communications (NYSE VZ)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  890 (Thanks for Voting!)
Underperform Votes:  1,010 (Thanks for Voting!)
Total Votes:  1,900
MarketBeat's community ratings are surveys of what our community members think about Verizon Communications and other stocks. Vote "Outperform" if you believe VZ will outperform the S&P 500 over the long term. Vote "Underperform" if you believe VZ will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 10/22/2018 by MarketBeat.com Staff

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