Verizon Communications Stock Forecast, Price & News

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Verizon Communications in the last twelve months. There are currently 1 sell rating, 11 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" Verizon Communications stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in VZ, but not buy additional shares or sell existing shares.
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15 brokers have issued 1 year target prices for Verizon Communications' shares. Their VZ stock forecasts range from $44.00 to $71.00. On average, they predict Verizon Communications' stock price to reach $57.14 in the next year. This suggests a possible upside of 10.7% from the stock's current price.
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Verizon Communications' stock was trading at $51.96 at the start of the year. Since then, VZ stock has decreased by 0.6% and is now trading at $51.64.
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Verizon Communications is scheduled to release its next quarterly earnings announcement on Friday, July 22nd 2022.
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Verizon Communications will be holding an earnings conference call on Friday, July 22nd at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link.

Verizon Communications Inc. (NYSE:VZ) posted its quarterly earnings results on Friday, April, 22nd. The cell phone carrier reported $1.35 earnings per share for the quarter, meeting the consensus estimate of $1.35. The cell phone carrier had revenue of $33.60 billion for the quarter, compared to analysts' expectations of $33.61 billion. Verizon Communications had a net margin of 15.93% and a trailing twelve-month return on equity of 28.15%. The company's quarterly revenue was up 2.2% on a year-over-year basis. During the same period last year, the firm posted $1.31 earnings per share.
View Verizon Communications' earnings history.

Verizon Communications declared a quarterly dividend on Tuesday, May 31st. Shareholders of record on Friday, July 8th will be given a dividend of $0.64 per share on Monday, August 1st. This represents a $2.56 dividend on an annualized basis and a dividend yield of 4.96%. The ex-dividend date of this dividend is Thursday, July 7th.
View Verizon Communications' dividend history.

Verizon Communications(NYSE:VZ) pays an annual dividend of $2.56 per share and currently has a dividend yield of 5.04%. VZ has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Verizon Communications has been increasing its dividend for 18 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of Verizon Communications is 49.71%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Verizon Communications will have a dividend payout ratio of 45.71% next year. This indicates that Verizon Communications will be able to sustain or increase its dividend.
View Verizon Communications' dividend history.

Verizon Communications updated its FY 2022 earnings guidance on Friday, April, 22nd. The company provided EPS guidance of $5.400-$5.400 for the period, compared to the consensus estimate of $5.450. The company issued revenue guidance of -.

1,639 employees have rated Verizon Communications CEO Hans Vestberg on Glassdoor.com. Hans Vestberg has an approval rating of 83% among Verizon Communications' employees.

Some companies that are related to Verizon Communications include AT&T (T), Lumen Technologies (LUMN), Consolidated Communications (CNSL), ATN International (ATNI) and IDT (IDT).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Verizon Communications investors own include AT&T (T), Johnson & Johnson (JNJ), Cisco Systems (CSCO), Intel (INTC), Pfizer (PFE), Walt Disney (DIS), NVIDIA (NVDA), JPMorgan Chase & Co. (JPM), AbbVie (ABBV) and Home Depot (HD).

Verizon Communications trades on the New York Stock Exchange (NYSE) under the ticker symbol "VZ."

Verizon Communications' stock is owned by a variety of retail and institutional investors. Top institutional investors include Park National Corp OH (0.00%), Rempart Asset Management Inc. (0.00%), Chemung Canal Trust Co. (0.00%) and First Financial Bank Trust Division (0.00%). Company insiders that own Verizon Communications stock include Anthony T Skiadas, Craig L Silliman, Craig L Silliman, Hans Erik Vestberg, Kumara Guru Gowrappan and Tami A Erwin.
View institutional ownership trends for Verizon Communications.

VZ stock was sold by a variety of institutional investors in the last quarter, including Park National Corp OH, Chemung Canal Trust Co., and First Financial Bank Trust Division. Company insiders that have sold Verizon Communications company stock in the last two years include Craig L Silliman, Kumara Guru Gowrappan, and Tami A Erwin.
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VZ stock was acquired by a variety of institutional investors in the last quarter, including Rempart Asset Management Inc..
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Shares of VZ can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of VZ stock can currently be purchased for approximately $51.64.

Verizon Communications (NYSE:VZ) has a market capitalization of $216.87 billion and generates $133.61 billion in revenue each year. The cell phone carrier earns $22.07 billion in net income (profit) each year or $5.15 on an earnings per share basis.

Verizon Communications employs 118,400 workers across the globe.

Verizon Communications was founded in 1983.

Verizon Communications' mailing address is 1095 AVENUE OF THE AMERICAS, NEW YORK NY, 10036. The official website for Verizon Communications is www.verizon.com. The cell phone carrier can be reached via phone at (212) 395-1000, via email at michael.stefanski@verizon.com, or via fax at 212-571-1897.