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

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$56.99 -0.10 (-0.18 %)
(As of 01/23/2019 06:46 AM ET)
Previous Close$57.09
Today's Range$56.3950 - $57.39
52-Week Range$46.08 - $61.58
Volume18.28 million shs
Average Volume15.81 million shs
Market Capitalization$235.25 billion
P/E Ratio15.24
Dividend Yield4.24%
Beta0.54
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

Industry Telephone communication, except radio
Sub-IndustryIntegrated Telecommunication Services
SectorComputer and Technology
CUSIP92343V10
Phone212-395-1000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$126.03 billion
Cash Flow$7.8934 per share
Book Value$10.95 per share

Profitability

Net Income$30.10 billion

Miscellaneous

Employees155,400
Outstanding Shares4,127,964,000
Market Cap$235.25 billion
OptionableOptionable

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, December 6th. Shareholders of record on Thursday, January 10th will be paid a dividend of $0.6025 per share on Friday, February 1st. This represents a $2.41 annualized dividend and a yield of 4.23%. The ex-dividend date of this dividend is Wednesday, January 9th. View Verizon Communications' Dividend History.

How will Verizon Communications' stock buyback program work?

Verizon Communications declared that its board has initiated a share repurchase plan on Saturday, April 8th 2017, which authorizes the company to repurchase 100,000,000 shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase shares of its stock through open market purchases. Shares repurchase plans are often an indication that the company's management believes its stock is undervalued.

How were Verizon Communications' earnings last quarter?

Verizon Communications Inc. (NYSE:VZ) announced its quarterly earnings data on Tuesday, October, 23rd. The cell phone carrier reported $1.22 earnings per share for the quarter, beating the consensus estimate of $1.19 by $0.03. The cell phone carrier had revenue of $32.61 billion for the quarter, compared to analysts' expectations of $32.45 billion. Verizon Communications had a return on equity of 35.50% and a net margin of 24.71%. Verizon Communications's revenue for the quarter was up 2.8% on a year-over-year basis. During the same period in the previous year, the company posted $0.98 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, January 29th 2019. 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, January 29th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link.

What price target have analysts set for VZ?

19 equities research analysts have issued 12 month target prices for Verizon Communications' shares. Their predictions range from $49.00 to $63.00. On average, they expect Verizon Communications' stock price to reach $55.9306 in the next twelve months. This suggests that the stock has a possible downside of 1.9%. View Analyst Price Targets for Verizon Communications.

What is the consensus analysts' recommendation for Verizon Communications?

19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Verizon Communications in the last year. There are currently 9 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Verizon Communications.

Has Verizon Communications been receiving favorable news coverage?

Media stories about VZ stock have been trending positive recently, InfoTrie reports. The research group identifies negative and positive media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Verizon Communications earned a daily sentiment score of 2.4 on InfoTrie's scale. They also gave news coverage about the cell phone carrier a news buzz of 5.0 out of 10, indicating that recent media coverage is somewhat likely to have an impact on the company's share price in the immediate future.

Are investors shorting Verizon Communications?

Verizon Communications saw a decrease in short interest in the month of December. As of December 31st, there was short interest totalling 38,123,817 shares, a decrease of 8.0% from the December 14th total of 41,434,832 shares. Based on an average trading volume of 22,175,221 shares, the days-to-cover ratio is currently 1.7 days. Approximately 0.9% of the company's shares 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. Lowell C. McAdam, Exec. Chairman & Exec. Officer (Age 64)
  • Mr. Hans E. Vestberg, CEO & Director (Age 54)
  • Mr. Matthew D. Ellis, Exec. VP & CFO (Age 48)
  • Mr. Kyle J. Malady, Acting Chief Technology Officer & Chief Network Operations Officer
  • Mr. Marc Christopher Reed, Exec. VP & Chief Admin. Officer (Age 60)

Who are Verizon Communications' major shareholders?

Verizon Communications' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Hexavest Inc. (0.11%), Gateway Investment Advisers LLC (0.05%), Hamlin Capital Management LLC (0.05%), Factory Mutual Insurance Co. (0.04%), DNB Asset Management AS (0.04%) and Cornerstone Investment Partners LLC (0.04%). 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 DNB Asset Management AS, Hexavest Inc., Gulf International Bank UK Ltd, Sit Investment Associates Inc., Dalton Greiner Hartman Maher & Co., Ferguson Wellman Capital Management Inc., Edge Wealth Management LLC and Oakbrook Investments LLC. 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 Atalanta Sosnoff Capital LLC, Hamlin Capital Management LLC, Park National Corp OH, Factory Mutual Insurance Co., Cobiz Wealth LLC, Centre Asset Management LLC, Pensionfund DSM Netherlands and Lavaca Capital LLC. 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 $56.99.

How big of a company is Verizon Communications?

Verizon Communications has a market capitalization of $235.25 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:  919 (Thanks for Voting!)
Underperform Votes:  1,060 (Thanks for Voting!)
Total Votes:  1,979
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 1/23/2019 by MarketBeat.com Staff

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