Verizon Communications Stock Forecast, Price & News

16 Wall Street 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 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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16 brokerages have issued 12-month price targets for Verizon Communications' shares. Their VZ stock forecasts range from $44.00 to $71.00. On average, they anticipate Verizon Communications' share price to reach $56.67 in the next twelve months. This suggests a possible upside of 11.2% 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 1.9% and is now trading at $50.96.
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Verizon Communications is scheduled to release its next quarterly earnings announcement on Friday, July 22nd 2022.
View our earnings forecast for Verizon Communications.

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) issued its quarterly earnings results on Friday, April, 22nd. The cell phone carrier reported $1.35 EPS 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%. Verizon Communications's revenue was up 2.2% on a year-over-year basis. During the same period in the prior year, the business earned $1.31 EPS.
View Verizon Communications' earnings history.

Verizon Communications declared a quarterly dividend on Tuesday, May 31st. Shareholders of record on Friday, July 8th will be paid a dividend of $0.64 per share on Monday, August 1st. This represents a $2.56 annualized dividend and a dividend yield of 5.02%. The ex-dividend date 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 4.91%. 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 earnings per share guidance of $5.400-$5.400 for the period, compared to the consensus EPS 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 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 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 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 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 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.

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 $50.96.

Verizon Communications (NYSE:VZ) has a market capitalization of $214.01 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.

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 [email protected], or via fax at 212-571-1897.