NYSE:VZ - Verizon Communications Stock Price, Price Target & More

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

Verizon Communications declared a quarterly dividend on Thursday, June 7th. Investors of record on Tuesday, July 10th will be paid a dividend of $0.59 per share on Wednesday, August 1st. This represents a $2.36 dividend on an annualized basis and a dividend yield of 4.86%. The ex-dividend date is Monday, July 9th. View Verizon Communications' Dividend History.

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

Verizon Communications Inc. (NYSE:VZ) posted its earnings results on Tuesday, April, 24th. The cell phone carrier reported $1.17 earnings per share for the quarter, topping analysts' consensus estimates of $1.11 by $0.06. The cell phone carrier earned $31.77 billion during the quarter, compared to the consensus estimate of $31.25 billion. Verizon Communications had a net margin of 24.37% and a return on equity of 42.62%. Verizon Communications's revenue was up 6.6% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.95 earnings per share. View Verizon Communications' Earnings History.

Verizon Communications is scheduled to release their next quarterly earnings announcement on Tuesday, July, 24th 2018. View Earnings Estimates for Verizon Communications.

22 analysts have issued 1 year price objectives for Verizon Communications' stock. Their predictions range from $49.00 to $63.00. On average, they expect Verizon Communications' share price to reach $54.6667 in the next year. View Analyst Ratings for Verizon Communications.

Verizon Communications saw a decline in short interest during the month of May. As of May 15th, there was short interest totalling 28,687,589 shares, a decline of 16.5% from the April 30th total of 34,362,228 shares. Based on an average trading volume of 15,973,744 shares, the short-interest ratio is currently 1.8 days. Approximately 0.7% of the shares of the company are short sold. View Verizon Communications' Current Options Chain.

Some companies that are related to Verizon Communications include AT&T (T), China Mobile (CHL), Nippon Telegraph & Telephone (NTTYY), SOFTBANK Corp/ADR (SFTBY), America Movil SAB de CV ADR Series L (AMX), Orange (ORAN), Telefonica (TEF), Singapore Telecommunications (SGAPY), China Telecom (CHA), BCE (BCE), Vivendi (VIVHY), Telenor (TELNY), BT Group (BT), Telekomnks Indn Prsr Tbk Prshn Prsrn (TLK) and Telstra (TLSYY).

Headlines about VZ stock have trended somewhat positive recently, according to Accern Sentiment Analysis. Accern identifies negative and positive news coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Verizon Communications earned a media sentiment score of 0.17 on Accern's scale. They also assigned news headlines about the cell phone carrier an impact score of 45.51 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the next few days.

Verizon Communications' stock is owned by a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (6.55%), Northern Trust Corp (1.19%), Barrow Hanley Mewhinney & Strauss LLC (0.56%), Schwab Charles Investment Management Inc. (0.55%), Legal & General Group Plc (0.54%) and Franklin Resources Inc. (0.52%). 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 State Treasurer State of Michigan, Boston Partners, Barrow Hanley Mewhinney & Strauss LLC, FIL Ltd, Westfield Capital Management Co. LP, Swiss National Bank, Legal & General Group Plc and Federated Investors Inc. PA. 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 bought by a variety of institutional investors in the last quarter, including CI Global Investments Inc., BlackRock Inc., American Century Companies Inc., Toronto Dominion Bank, DekaBank Deutsche Girozentrale, OLD Republic International Corp, Ceredex Value Advisors LLC and Schwab Charles Investment Management 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 $48.54.

Verizon Communications has a market capitalization of $200.21 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]