S&P 500   3,901.36
DOW   31,261.90
QQQ   288.68
S&P 500   3,901.36
DOW   31,261.90
QQQ   288.68
S&P 500   3,901.36
DOW   31,261.90
QQQ   288.68
S&P 500   3,901.36
DOW   31,261.90
QQQ   288.68
NYSE:VZ

Verizon Communications (VZ) Stock Forecast, Price & News

$49.53
+0.43 (+0.88%)
(As of 05/20/2022 06:40 PM ET)
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Today's Range
$48.92
$49.60
50-Day Range
$46.23
$55.01
52-Week Range
$45.55
$57.61
Volume
24.18 million shs
Average Volume
25.07 million shs
Market Capitalization
$208.01 billion
P/E Ratio
9.62
Dividend Yield
5.17%
Beta
0.42
30 days | 90 days | 365 days | Advanced Chart
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Verizon Communications logo

About Verizon Communications

Verizon Communications Inc., through its subsidiaries, offers communications, technology, information, and entertainment products and services to consumers, businesses, and governmental entities worldwide. Its Consumer segment provides postpaid and prepaid service plans; internet access on notebook computers and tablets; wireless equipment, including smartphones and other handsets; and wireless-enabled internet devices, such as tablets, and other wireless-enabled connected devices comprising smart watches. It also provides residential fixed connectivity solutions, such as internet, video, and voice services; and sells network access to mobile virtual network operators. As of December 31, 2021, it had approximately 115 million wireless retail connections, 7 million wireline broadband connections, and 4 million Fios video connections. The company's Business segment provides network connectivity products, including private networking, private cloud connectivity, virtual and software defined networking, and internet access services; and internet protocol-based voice and video services, unified communications and collaboration tools, and customer contact center solutions. This segment also offers a suite of management and data security services; domestic and global voice and data solutions, such as voice calling, messaging services, conferencing, contact center solutions, and private line and data access networks; customer premises equipment; installation, maintenance, and site services; and Internet of Things products and services. As of December 31, 2021, it had approximately 27 million wireless retail postpaid connections and 477 thousand wireline broadband connections. The company was formerly known as Bell Atlantic Corporation and changed its name to Verizon Communications Inc. in June 2000. Verizon Communications Inc. was incorporated in 1983 and is headquartered in New York, New York.

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See More Headlines

Industry, Sector and Symbol

Industry
Telephone communication, except radio
Sub-Industry
Integrated Telecommunication Services
CUSIP
92343V10
Employees
118,400
Year Founded
1983

Sales & Book Value

Annual Sales
$133.61 billion
Cash Flow
$9.28 per share
Book Value
$20.28 per share

Profitability

Net Income
$22.07 billion
Pretax Margin
21.17%

Debt

Price-To-Earnings

Miscellaneous

Outstanding Shares
4,199,644,000
Free Float
4,195,444,000
Market Cap
$208.01 billion
Optionable
Optionable

Company Calendar

Ex-Dividend for 5/2 Dividend
4/07/2022
Last Earnings
4/22/2022
Dividend Payable
5/02/2022
Today
5/22/2022
Next Earnings (Confirmed)
7/22/2022
Fiscal Year End
12/31/2022

Social Links


MarketRank

Overall MarketRank

2.96 out of 5 stars

Computer And Technology Sector

32nd out of 919 stocks

Telephone Communication, Except Radio Industry

2nd out of 41 stocks

Analyst Opinion: 2.0Community Rank: 4.0Dividend Strength: 5.0Insider Behavior: 2.5Valuation: 1.3 5 -4 -3 -2 -1 -













Verizon Communications (NYSE:VZ) Frequently Asked Questions

Is Verizon Communications a buy right now?

16 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Verizon Communications in the last twelve months. There are currently 2 sell ratings, 11 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research 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.
View analyst ratings for Verizon Communications
or view top-rated stocks.

When is Verizon Communications' next earnings date?

Verizon Communications is scheduled to release its next quarterly earnings announcement on Friday, July 22nd 2022.
View our earnings forecast for Verizon Communications
.

How can I listen to Verizon Communications' earnings call?

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.

How were Verizon Communications' earnings last quarter?

Verizon Communications Inc. (NYSE:VZ) announced 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 earned $33.60 billion during the quarter, compared to the consensus estimate 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 firm's revenue was up 2.2% on a year-over-year basis. During the same period in the previous year, the business posted $1.31 earnings per share.
View Verizon Communications' earnings history
.

How often does Verizon Communications pay dividends? What is the dividend yield for Verizon Communications?

Verizon Communications announced a quarterly dividend on Monday, February 28th. Stockholders of record on Friday, April 8th will be paid a dividend of $0.64 per share on Monday, May 2nd. This represents a $2.56 dividend on an annualized basis and a dividend yield of 5.17%. The ex-dividend date is Thursday, April 7th.
View Verizon Communications' dividend history
.

Is Verizon Communications a good dividend stock?

Verizon Communications pays an annual dividend of $2.56 per share and currently has a dividend yield of 5.17%. 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 45.88% next year. This indicates that Verizon Communications will be able to sustain or increase its dividend.
View Verizon Communications' dividend history.

What guidance has Verizon Communications issued on next quarter's earnings?

Verizon Communications issued an update on 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 -.

What price target have analysts set for VZ?

16 Wall Street analysts have issued 1-year price objectives for Verizon Communications' stock. Their forecasts range from $44.00 to $71.00. On average, they expect Verizon Communications' share price to reach $57.93 in the next year. This suggests a possible upside of 17.0% from the stock's current price.
View analysts' price targets for Verizon Communications
or view top-rated stocks among Wall Street analysts.

Who are Verizon Communications' key executives?
Verizon Communications' management team includes the following people:
  • Mr. Hans E. Vestberg, Chairman & CEO (Age 57, Pay $5.84M) (LinkedIn Profile)
  • Mr. Matthew D. Ellis, Exec. VP & CFO (Age 51, Pay $2.59M)
  • Mr. Kyle Malady, Exec. VP, Pres of Global Networks & Technology (Age 54, Pay $2.42M)
  • Ms. Tamara A. Erwin, Exec. VP & CEO of Verizon Bus. (Age 57, Pay $2.34M) (LinkedIn Profile)
  • Mr. Craig L. Silliman, Exec. VP & Chief Admin., Legal and Public Policy Officer (Age 54) (LinkedIn Profile)
  • Mr. Brady Connor, Sr. VP of Investor Relations
  • Mr. James J. Gerace, Sr. VP & Chief Communications Officer (Age 58)
  • Mr. Diego Scotti, Exec. VP & Chief Marketing Officer (Age 49)
  • Ms. Samantha Hammock, Exec. VP & Chief HR Officer (Age 43)
  • Ms. Magda N. Yrizarry, Sr. VP and Chief Talent & Diversity Officer
What is Hans Vestberg's approval rating as Verizon Communications' CEO?

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.

Who are some of Verizon Communications' key competitors?
What other stocks do shareholders of Verizon Communications own?

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).

What is Verizon Communications' stock symbol?

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

Who are Verizon Communications' major shareholders?

Verizon Communications' stock is owned by many different retail and institutional investors. Top institutional investors include Vanguard Group Inc. (7.86%), BlackRock Inc. (7.26%), State Street Corp (4.00%), Charles Schwab Investment Management Inc. (1.42%), Capital World Investors (1.19%) and Northern Trust Corp (1.13%). Company insiders that own Verizon Communications stock include Craig L Silliman, Craig L Silliman, Hans Erik Vestberg, Kumara Guru Gowrappan and Tami A Erwin.
View institutional ownership trends for Verizon Communications
.

Which institutional investors are selling Verizon Communications stock?

VZ stock was sold by a variety of institutional investors in the last quarter, including Parnassus Investments LLC, State Street Corp, Bank of Nova Scotia, Canada Pension Plan Investment Board, California Public Employees Retirement System, Wellington Management Group LLP, Toronto Dominion Bank, and Northern Trust Corp. Company insiders that have sold Verizon Communications company stock in the last year include Craig L Silliman, Kumara Guru Gowrappan, and Tami A Erwin.
View insider buying and selling activity for Verizon Communications
or view top insider-selling stocks.

Which institutional investors are buying Verizon Communications stock?

VZ stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Vanguard Group Inc., Fisher Asset Management LLC, Renaissance Technologies LLC, GQG Partners LLC, Capital World Investors, Arrowstreet Capital Limited Partnership, and Charles Schwab Investment Management Inc..
View insider buying and selling activity for Verizon Communications
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Verizon Communications' stock price today?

One share of VZ stock can currently be purchased for approximately $49.53.

How much money does Verizon Communications make?

Verizon Communications has a market capitalization of $208.01 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.

How many employees does Verizon Communications have?

Verizon Communications employs 118,400 workers across the globe.

Does Verizon Communications have any subsidiaries?

The following companies are subsidiares of Verizon Communications: AOL, AirTouch Cellular Inc., Alltel, Alltel Corporation, BAMS Communications LLC, Bell Atlantic Mobile Systems LLC, Blue Jeans Network, BlueJeans Network, Bluegrass Cellular, Cellco Partnership(d/b/a Verizon Wireless), CloudSwitch, Complex, EdgeCast Networks, FleetMatics, GTE, GTE LLC, GTE Wireless LLC, Hughes Telematics, Inceptor, Incubed IT, Jaunt, LQD WiFi, MCI Communications, MCI Communications Services LLC, MCI International LLC, Moment, Niddel, ProtectWise, Qwest Wireless Spectrum (Network Assets), Senion, Sensity Systems, Skyward, SocialRadar, Straight Path Communications, Telogis, Terremark Worldwide, TracFone Wireless, UpLynk, Verizon Americas LLC, Verizon Avenue, Verizon Business Global LLC, Verizon Business Network Services LLC, Verizon Delaware LLC, Verizon International Business Ventures Inc., Verizon International Inc., Verizon Maryland LLC, Verizon New England Inc., Verizon New Jersey Inc., Verizon New York Inc., Verizon Pennsylvania LLC, Verizon Ventures LLC, Verizon Virginia LLC, Vessel, Vidder, Volicon, WideOpenWest - Fiber-Optic Network, XO Communications, Yahoo!, and go90.

When was Verizon Communications founded?

Verizon Communications was founded in 1983.

What is Verizon Communications' official website?

The official website for Verizon Communications is 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, via email at [email protected], or via fax at 212-571-1897.

This page was last updated on 5/23/2022 by MarketBeat.com Staff

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