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; international travel wireless services; and network access services to deliver various Internet of Things products and services, as well as offers digital advertising and digital media services platforms.
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Industry, Sector and Symbol
Industry Telephone communication, except radio
Sub-IndustryIntegrated Telecommunication Services
SectorComputer and Technology
Phone212-395-1000
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$130.86 billion
Profitability
Miscellaneous
Employees144,500
Next Earnings Date10/22/2019 (Estimated)
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 declared a quarterly dividend on Thursday, September 5th. Stockholders of record on Thursday, October 10th will be paid a dividend of $0.615 per share on Friday, November 1st. This represents a $2.46 dividend on an annualized basis and a dividend yield of 4.10%. The ex-dividend date of this dividend is Wednesday, October 9th. This is an increase from Verizon Communications's previous quarterly dividend of $0.60. View Verizon Communications' Dividend History.
How were Verizon Communications' earnings last quarter?
Verizon Communications Inc. (NYSE:VZ) announced its quarterly earnings data on Thursday, August, 1st. The cell phone carrier reported $1.23 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.20 by $0.03. The cell phone carrier had revenue of $32.07 billion for the quarter, compared to the consensus estimate of $32.42 billion. Verizon Communications had a return on equity of 34.91% and a net margin of 12.08%. The firm's revenue for the quarter was down .4% compared to the same quarter last year. During the same period in the previous year, the business posted $1.20 earnings per share. View Verizon Communications' Earnings History.
When is Verizon Communications' next earnings date?
What price target have analysts set for VZ?
11 brokerages have issued 1-year price targets for Verizon Communications' shares. Their forecasts range from $53.00 to $70.00. On average, they anticipate Verizon Communications' stock price to reach $60.8590 in the next year. This suggests a possible upside of 1.5% from the stock's current price. View Analyst Price Targets for Verizon Communications.
What is the consensus analysts' recommendation for Verizon Communications?
11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Verizon Communications in the last year. There are currently 7 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Verizon Communications.
Has Verizon Communications been receiving favorable news coverage?
News coverage about VZ stock has trended negative on Friday, InfoTrie Sentiment reports. The research group rates the sentiment of news coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Verizon Communications earned a daily sentiment score of -2.9 on InfoTrie's scale. They also gave news coverage about the cell phone carrier a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the company's share price in the next few days. View News Stories for Verizon Communications.
Who are some of Verizon Communications' key competitors?
Some companies that are related to Verizon Communications include AT&T (T), China Mobile (CHL), Nippon Telegraph & Telephone (NTTYY), SoftBank Group (SFTBY), America Movil SAB de CV ADR Series L (AMX), BCE (BCE), Orange (ORAN), Telefonica (TEF), China Telecom (CHA), SINGAPORE TELEC/S (SGAPY), VIVENDI SA/ADR (VIVHY), Telenor ASA (TELNY), Telekomnks Indn Prsr Tbk Prshn Prsrn (TLK), Telstra (TLSYY) and Sprint (S).
What other stocks do shareholders of Verizon Communications own?
Who are Verizon Communications' key executives?
Verizon Communications' management team includes the folowing people:
- Mr. Hans E. Vestberg, Chairman & CEO (Age 54)
- Mr. Matthew D. Ellis, Exec. VP & CFO (Age 48)
- Mr. Marc Christopher Reed, Exec. VP & Chief Admin. Officer (Age 60)
- Mr. Ronan J. Dunne, Exec. VP & Group CEO of Verizon Consumer (Age 56)
- Mr. K. Guru Gowrappan, Exec. VP & Group CEO of Verizon Media (Age 38)
Who are Verizon Communications' major shareholders?
Verizon Communications' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (7.84%), BlackRock Inc. (7.67%), BlackRock Inc. (7.67%), Northern Trust Corp (1.30%), Bank of New York Mellon Corp (1.15%) and Price T Rowe Associates Inc. MD (0.86%). Company insiders that own Verizon Communications stock include Anthony T Skiadas, Craig L Silliman, Lowell C Mcadam and Tami A Erwin. 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 Price T Rowe Associates Inc. MD, Barrow Hanley Mewhinney & Strauss LLC, Barrow Hanley Mewhinney & Strauss LLC, Quest Capital Management Inc. ADV, Bank of New York Mellon Corp, Waddell & Reed Financial Inc., Mn Services Vermogensbeheer B.V. and AQR Capital Management LLC. Company insiders that have sold Verizon Communications company stock in the last year include Anthony T Skiadas, Craig L Silliman, Lowell C Mcadam and Tami A Erwin. View Insider Buying and Selling for Verizon Communications.
Which major investors are buying Verizon Communications stock?
VZ stock was purchased by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Invesco Ltd., BlackRock Inc., BlackRock Inc., Beutel Goodman & Co Ltd., Vanguard Group Inc., Renaissance Technologies LLC and Thoroughbred Financial Services 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, Robinhood, Fidelity and Charles Schwab.
What is Verizon Communications' stock price today?
One share of VZ stock can currently be purchased for approximately $59.98.
How big of a company is Verizon Communications?
Verizon Communications has a market capitalization of $248.06 billion and generates $130.86 billion in revenue each year. The cell phone carrier earns $15.53 billion in net income (profit) each year or $4.71 on an earnings per share basis. Verizon Communications employs 144,500 workers across the globe.View Additional Information About Verizon Communications.
What is Verizon Communications' official website?
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)
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.
