Verizon Communications Stock Forecast, Price & News

18 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Verizon Communications in the last year. There are currently 11 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street 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.

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Verizon Communications is scheduled to release its next quarterly earnings announcement on Wednesday, April 21st 2021.
View our earnings forecast for Verizon Communications.

Verizon Communications will be holding an earnings conference call on Wednesday, April 21st at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Verizon Communications Inc. (NYSE:VZ) issued its quarterly earnings results on Monday, January, 25th. The cell phone carrier reported $1.21 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.17 by $0.04. The cell phone carrier earned $34.70 billion during the quarter, compared to analysts' expectations of $34.47 billion. Verizon Communications had a trailing twelve-month return on equity of 32.15% and a net margin of 14.76%. The firm's revenue for the quarter was down .2% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.13 earnings per share.
View Verizon Communications' earnings history.

Verizon Communications' stock was trading at $54.83 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, VZ stock has increased by 5.2% and is now trading at $57.70.
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Verizon Communications declared a quarterly dividend on Thursday, March 4th. Shareholders of record on Friday, April 9th will be paid a dividend of $0.6275 per share on Monday, May 3rd. This represents a $2.51 dividend on an annualized basis and a yield of 4.35%. The ex-dividend date of this dividend is Thursday, April 8th.
View Verizon Communications' dividend history.

Verizon Communications pays an annual dividend of $2.51 per share and currently has a dividend yield of 4.37%. 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 14 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of Verizon Communications is 52.18%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Verizon Communications will have a dividend payout ratio of 50.81% next year. This indicates that Verizon Communications will be able to sustain or increase its dividend.
View Verizon Communications' dividend history.

Verizon Communications announced that its board has initiated a stock buyback program on Thursday, February 6th 2020, which allows the company to buyback 100,000,000 shares, according to EventVestor. This buyback authorization allows the company to repurchase shares of its stock through open market purchases. Stock buyback programs are generally a sign that the company's board of directors believes its shares are undervalued.

Verizon Communications updated its FY21 earnings guidance on Tuesday, January, 26th. The company provided earnings per share guidance of $5.00-5.15 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $4.97.

18 brokers have issued 12 month price objectives for Verizon Communications' stock. Their forecasts range from $54.00 to $70.00. On average, they expect Verizon Communications' stock price to reach $62.06 in the next year. This suggests a possible upside of 7.5% from the stock's current price.
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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), ATN International (ATNI), Cincinnati Bell (CBB), IDT (IDT) and Consolidated Communications (CNSL).
View all of VZ's competitors.

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), The Walt Disney (DIS), NVIDIA (NVDA), JPMorgan Chase & Co. (JPM), AbbVie (ABBV) and The Home Depot (HD).

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

Verizon Communications' stock is owned by many different institutional and retail investors. Top institutional shareholders include Royal London Asset Management Ltd. (0.08%), Gateway Investment Advisers LLC (0.03%), State of Alaska Department of Revenue (0.03%), Calamos Advisors LLC (0.02%), Welch & Forbes LLC (0.01%) and Huntington National Bank (0.01%). Company insiders that own Verizon Communications stock include Anthony T Skiadas, Craig L Silliman 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 FDx Advisors Inc., Scharf Investments LLC, Park National Corp OH, Hexavest Inc., Dalton Greiner Hartman Maher & Co., Chemung Canal Trust Co., State of Alaska Department of Revenue, and Centre Asset Management LLC. 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 activity for Verizon Communications or view top insider-selling stocks.

VZ stock was purchased by a variety of institutional investors in the last quarter, including Royal London Asset Management Ltd., Campbell Capital Management Inc., Welch & Forbes LLC, Everence Capital Management Inc., Parcion Private Wealth LLC, Edge Wealth Management LLC, TrimTabs Asset Management LLC, and Fulton Breakefield Broenniman LLC.
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 $57.70.

Verizon Communications has a market capitalization of $238.88 billion and generates $131.87 billion in revenue each year. The cell phone carrier earns $19.27 billion in net income (profit) each year or $4.81 on an earnings per share basis.

Verizon Communications employs 132,200 workers across the globe.

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

Verizon Communications was founded in 1983.

The official website for Verizon Communications is www.verizon.com.

Verizon Communications is headquartered at 1095 AVENUE OF THE AMERICAS, NEW YORK NY, 10036.

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]