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

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

Verizon Communications announced a quarterly dividend on Thursday, June 7th. Investors of record on Tuesday, July 10th will be given a dividend of $0.59 per share on Wednesday, August 1st. This represents a $2.36 dividend on an annualized basis and a yield of 4.32%. The ex-dividend date of this dividend is Monday, July 9th. View Verizon Communications' Dividend History.

Verizon Communications announced that its board has initiated a stock buyback plan on Saturday, April 8th 2017, which allows the company to buyback 100,000,000 outstanding shares, according to EventVestor. This buyback authorization allows the company to purchase shares of its stock through open market purchases. Shares buyback plans are typically an indication that the company's board of directors believes its stock is undervalued.

Verizon Communications Inc. (NYSE:VZ) released its earnings results 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 the consensus estimate of $31.78 billion. Verizon Communications had a return on equity of 38.62% and a net margin of 23.88%. The firm's revenue was up 5.4% compared to the same quarter last year. During the same period in the prior year, the business posted $0.96 EPS. View Verizon Communications' Earnings History.

Verizon Communications is scheduled to release their next quarterly earnings announcement on Thursday, October, 18th 2018. View Earnings Estimates for Verizon Communications.

22 Wall Street analysts have issued 12 month price objectives for Verizon Communications' shares. Their forecasts range from $49.00 to $63.00. On average, they expect Verizon Communications' stock price to reach $55.3889 in the next year. This suggests a possible upside of 1.4% from the stock's current price. View Analyst Price Targets for Verizon Communications.

22 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Verizon Communications in the last year. There are currently 5 hold ratings and 17 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Verizon Communications.

Some companies that are related to Verizon Communications include AT&T (T), SoftBank Group (SFTBY), Nippon Telegraph & Telephone (NTTYY), America Movil SAB de CV ADR Series L (AMX), Telefonica (TEF), Orange (ORAN), SINGAPORE TELEC/S (SGAPY), China Telecom (CHA), BCE (BCE), VIVENDI SA/ADR (VIVHY), BT Group (BT), Telenor ASA (TELNY), Telstra (TLSYY), Sprint (S) and Swisscom (SCMWY).

News headlines about VZ stock have been trending somewhat positive this week, according to Accern Sentiment Analysis. Accern identifies positive and negative media coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Verizon Communications earned a daily sentiment score of 0.20 on Accern's scale. They also gave news stories about the cell phone carrier an impact score of 46.22 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company's share price in the immediate future. View Recent Headlines for Verizon Communications.

Verizon Communications' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (6.54%), FMR LLC (1.68%), Bank of New York Mellon Corp (1.28%), Morgan Stanley (0.84%), Wells Fargo & Company MN (0.70%) and Schwab Charles Investment Management Inc. (0.58%). 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.

VZ stock was sold by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Millennium Management LLC, Toronto Dominion Bank, Federated Investors Inc. PA, Russell Investments Group Ltd., NN Investment Partners Holdings N.V., Sawgrass Asset Management LLC and Epoch Investment Partners 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.

VZ stock was purchased by a variety of institutional investors in the last quarter, including Charles Schwab Investment Advisory Inc., Boston Partners, FMR LLC, Dimensional Fund Advisors LP, Bank of New York Mellon Corp, Hamlin Capital Management LLC, Voya Investment Management LLC and American Century Companies Inc.. View Insider Buying and Selling for 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.

One share of VZ stock can currently be purchased for approximately $54.65.

Verizon Communications has a market capitalization of $216.59 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.

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]