50% OFF
MarketBeat All Access
Get 30 days free. Save 50% your first year.
  •  days
  •  Hours
  •  Minutes
  •  Seconds
×
S&P 500   3,636.14 (-0.52%)
DOW   29,070.75 (-0.65%)
QQQ   272.76 (-0.59%)
AAPL   151.13 (+0.24%)
MSFT   235.15 (-0.97%)
META   134.49 (-1.38%)
GOOGL   97.02 (-1.17%)
AMZN   113.48 (-1.45%)
TSLA   278.78 (+1.00%)
NVDA   122.86 (+0.47%)
NIO   17.08 (-3.06%)
BABA   77.37 (-1.95%)
AMD   66.14 (-0.24%)
T   15.76 (+0.57%)
MU   49.69 (+1.66%)
CGC   2.78 (+1.46%)
F   11.75 (-2.00%)
GE   63.70 (-1.01%)
DIS   96.16 (-2.00%)
AMC   7.04 (+3.07%)
PYPL   84.92 (+0.78%)
PFE   43.83 (+0.00%)
NFLX   221.95 (-0.95%)
S&P 500   3,636.14 (-0.52%)
DOW   29,070.75 (-0.65%)
QQQ   272.76 (-0.59%)
AAPL   151.13 (+0.24%)
MSFT   235.15 (-0.97%)
META   134.49 (-1.38%)
GOOGL   97.02 (-1.17%)
AMZN   113.48 (-1.45%)
TSLA   278.78 (+1.00%)
NVDA   122.86 (+0.47%)
NIO   17.08 (-3.06%)
BABA   77.37 (-1.95%)
AMD   66.14 (-0.24%)
T   15.76 (+0.57%)
MU   49.69 (+1.66%)
CGC   2.78 (+1.46%)
F   11.75 (-2.00%)
GE   63.70 (-1.01%)
DIS   96.16 (-2.00%)
AMC   7.04 (+3.07%)
PYPL   84.92 (+0.78%)
PFE   43.83 (+0.00%)
NFLX   221.95 (-0.95%)
S&P 500   3,636.14 (-0.52%)
DOW   29,070.75 (-0.65%)
QQQ   272.76 (-0.59%)
AAPL   151.13 (+0.24%)
MSFT   235.15 (-0.97%)
META   134.49 (-1.38%)
GOOGL   97.02 (-1.17%)
AMZN   113.48 (-1.45%)
TSLA   278.78 (+1.00%)
NVDA   122.86 (+0.47%)
NIO   17.08 (-3.06%)
BABA   77.37 (-1.95%)
AMD   66.14 (-0.24%)
T   15.76 (+0.57%)
MU   49.69 (+1.66%)
CGC   2.78 (+1.46%)
F   11.75 (-2.00%)
GE   63.70 (-1.01%)
DIS   96.16 (-2.00%)
AMC   7.04 (+3.07%)
PYPL   84.92 (+0.78%)
PFE   43.83 (+0.00%)
NFLX   221.95 (-0.95%)
S&P 500   3,636.14 (-0.52%)
DOW   29,070.75 (-0.65%)
QQQ   272.76 (-0.59%)
AAPL   151.13 (+0.24%)
MSFT   235.15 (-0.97%)
META   134.49 (-1.38%)
GOOGL   97.02 (-1.17%)
AMZN   113.48 (-1.45%)
TSLA   278.78 (+1.00%)
NVDA   122.86 (+0.47%)
NIO   17.08 (-3.06%)
BABA   77.37 (-1.95%)
AMD   66.14 (-0.24%)
T   15.76 (+0.57%)
MU   49.69 (+1.66%)
CGC   2.78 (+1.46%)
F   11.75 (-2.00%)
GE   63.70 (-1.01%)
DIS   96.16 (-2.00%)
AMC   7.04 (+3.07%)
PYPL   84.92 (+0.78%)
PFE   43.83 (+0.00%)
NFLX   221.95 (-0.95%)

Verizon Communications - VZ Stock Forecast, Price & News

$39.12
+0.19 (+0.49%)
(As of 09/27/2022 01:04 PM ET)
Add
Compare
Today's Range
$39.04
$39.69
50-Day Range
$38.93
$50.45
52-Week Range
$38.63
$55.51
Volume
587,701 shs
Average Volume
21.78 million shs
Market Capitalization
$164.29 billion
P/E Ratio
7.84
Dividend Yield
6.48%
Price Target
$55.61

Verizon Communications MarketRank™ Forecast

Analyst Rating
Hold
2.10 Rating Score
Upside/​Downside
41.0% Upside
$55.22 Price Target
Short Interest
Healthy
0.69% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.95
Upright™ Environmental Score
News Sentiment
0.46mentions of Verizon Communications in the last 14 days
Based on 21 Articles This Week
Insider Trading
Selling Shares
$80,112 Sold Last Quarter
Proj. Earnings Growth
1.93%
From $5.19 to $5.29 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

3.18 out of 5 stars

Computer And Technology Sector

36th out of 636 stocks

Telephone Communication, Except Radio Industry

2nd out of 27 stocks

VZ stock logo

About Verizon Communications (NYSE:VZ) Stock

Verizon Communications Inc., through its subsidiaries, offers communications, technology, information, and entertainment products and services to consumers, businesses, and governmental entities worldwide. Its Consumer segment provides postpaid and prepaid service plans; internet access on notebook computers and tablets; wireless equipment, including smartphones and other handsets; and wireless-enabled internet devices, such as tablets, and other wireless-enabled connected devices comprising smart watches. It also provides residential fixed connectivity solutions, such as internet, video, and voice services; and sells network access to mobile virtual network operators. As of December 31, 2021, it had approximately 115 million wireless retail connections, 7 million wireline broadband connections, and 4 million Fios video connections. The company's Business segment provides network connectivity products, including private networking, private cloud connectivity, virtual and software defined networking, and internet access services; and internet protocol-based voice and video services, unified communications and collaboration tools, and customer contact center solutions. This segment also offers a suite of management and data security services; domestic and global voice and data solutions, such as voice calling, messaging services, conferencing, contact center solutions, and private line and data access networks; customer premises equipment; installation, maintenance, and site services; and Internet of Things products and services. As of December 31, 2021, it had approximately 27 million wireless retail postpaid connections and 477 thousand wireline broadband connections. The company was formerly known as Bell Atlantic Corporation and changed its name to Verizon Communications Inc. in June 2000. Verizon Communications Inc. was incorporated in 1983 and is headquartered in New York, New York.

Receive VZ Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Verizon Communications and its competitors with MarketBeat's FREE daily newsletter.

VZ Stock News Headlines

This 6.3% Blue Chip Is Dialed in for Steady Gains Ahead
Comcast is an Asset Bonanza Priced Cheap (VZ)
Global media and communications company Comcast (NASDAQ: CMCSA) stock is down (-37%) on the year and testing its pandemic lows.
How High Can Copper Go?
To power the green revolution, copper demand continues to skyrocket with no end in sight. Prices hit a 10-year high; as copper jumped 79% in the past year. Some analysts are calling for copper to rise another 50-100%! We may be at the beginning of a copper bull run the likes we've never seen before. Just how high can copper go?
Investors Should Tune Into RF Industries  (VZ)
Is There Value in Verizon Shares at These Levels?
Telecommunications and broadband provider Verizon (NYSE: VZ) shares have not only fallen below its 2020 pandemic lows but also its seven year low
Verizon Connect introduces new EV features for Reveal
How High Can Copper Go?
To power the green revolution, copper demand continues to skyrocket with no end in sight. Prices hit a 10-year high; as copper jumped 79% in the past year. Some analysts are calling for copper to rise another 50-100%! We may be at the beginning of a copper bull run the likes we've never seen before. Just how high can copper go?
Verizon Communications (NYSE:VZ) Cut to "Hold" at StockNews.com
AT&T vs. Verizon: Which One Looks Like a Better Buy?
Verizon Communications (NYSE:VZ) Hits New 1-Year Low at $40.37
Will Greener Networking Lift Comcast's Stock?
Verizon Launches Enterprise Intelligence Campaign
10 Long-Term Stocks to Buy During Recessions
See More Headlines
Receive VZ Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Verizon Communications and its competitors with MarketBeat's FREE daily newsletter.

VZ Company Calendar

Ex-Dividend for 8/1 Dividend
7/07/2022
Last Earnings
7/22/2022
Dividend Payable
8/01/2022
Today
9/27/2022
Ex-Dividend for 11/1 Dividend
10/06/2022
Next Earnings (Confirmed)
10/21/2022
Dividend Payable
11/01/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Telephone communication, except radio
Sub-Industry
Integrated Telecommunication Services
CUSIP
92343V10
Employees
118,400
Year Founded
1983

Price Target and Rating

Average Stock Price Forecast
$55.22
High Stock Price Forecast
$71.00
Low Stock Price Forecast
$41.00
Forecasted Upside/Downside
+42.2%
Consensus Rating
Hold
Rating Score (0-4)
2.10
Research Coverage
20 Analysts

Profitability

Net Income
$22.07 billion
Pretax Margin
20.44%

Debt

Sales & Book Value

Annual Sales
$133.61 billion
Cash Flow
$9.10 per share
Book Value
$19.82 per share

Miscellaneous

Outstanding Shares
4,199,710,000
Free Float
4,198,874,000
Market Cap
$164.29 billion
Optionable
Optionable
Beta
0.36

Social Links


Key Executives

  • Mr. Hans E. VestbergMr. Hans E. Vestberg (Age 57)
    Chairman & CEO
    Comp: $5.84M
  • Mr. Matthew D. EllisMr. Matthew D. Ellis (Age 51)
    Exec. VP & CFO
    Comp: $2.59M
  • Mr. Kyle Malady (Age 54)
    Exec. VP, Pres of Global Networks & Technology
    Comp: $2.42M
  • Mr. Craig L. SillimanMr. Craig L. Silliman (Age 54)
    Exec. VP & Chief Admin., Legal and Public Policy Officer
  • Mr. Brady Connor
    Sr. VP of Investor Relations
  • Mr. James J. Gerace (Age 58)
    Sr. VP & Chief Communications Officer
  • Mr. Diego Scotti (Age 49)
    Exec. VP & Chief Marketing Officer
  • Ms. Samantha Hammock (Age 43)
    Exec. VP & Chief HR Officer
  • Ms. Magda N. Yrizarry
    Sr. VP and Chief Talent & Diversity Officer
  • Mr. John Wimsatt
    Sr. VP of Product Devel.













VZ Stock - Frequently Asked Questions

Should I buy or sell Verizon Communications stock right now?

20 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Verizon Communications in the last twelve months. There are currently 2 sell ratings, 14 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" VZ shares. 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 VZ analyst ratings
or view top-rated stocks.

What is Verizon Communications' stock price forecast for 2022?

20 equities research analysts have issued 1-year price targets for Verizon Communications' shares. Their VZ share price forecasts range from $41.00 to $71.00. On average, they anticipate the company's share price to reach $55.61 in the next year. This suggests a possible upside of 42.8% from the stock's current price.
View analysts price targets for VZ
or view top-rated stocks among Wall Street analysts.

How have VZ shares performed in 2022?

Verizon Communications' stock was trading at $51.96 at the beginning of 2022. Since then, VZ stock has decreased by 25.1% and is now trading at $38.93.
View the best growth stocks for 2022 here
.

Are investors shorting Verizon Communications?

Verizon Communications saw a decline in short interest in the month of August. As of August 15th, there was short interest totaling 28,880,000 shares, a decline of 25.9% from the July 31st total of 39,000,000 shares. Based on an average daily trading volume, of 19,400,000 shares, the days-to-cover ratio is currently 1.5 days.
View Verizon Communications' Short Interest
.

When is Verizon Communications' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, October 21st 2022.
View our VZ earnings forecast
.

How can I listen to Verizon Communications' earnings call?

Verizon Communications will be holding an earnings conference call on Friday, October 21st at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Verizon Communications' earnings last quarter?

Verizon Communications Inc. (NYSE:VZ) released its quarterly earnings data on Friday, July, 22nd. The cell phone carrier reported $1.31 EPS for the quarter, missing analysts' consensus estimates of $1.34 by $0.03. The cell phone carrier had revenue of $33.79 billion for the quarter, compared to the consensus estimate of $33.77 billion. Verizon Communications had a trailing twelve-month return on equity of 26.95% and a net margin of 15.48%. The firm's revenue for the quarter was up .1% on a year-over-year basis. During the same period in the prior year, the company earned $1.37 EPS.
Read the conference call transcript
.

How often does Verizon Communications pay dividends? What is the dividend yield for Verizon Communications?

Verizon Communications declared a quarterly dividend on Wednesday, September 7th. Shareholders of record on Friday, October 7th will be paid a dividend of $0.6525 per share on Tuesday, November 1st. This represents a $2.61 annualized dividend and a dividend yield of 6.70%. The ex-dividend date is Thursday, October 6th. This is a boost from the stock's previous quarterly dividend of $0.64.
Read our dividend analysis for VZ
.

Is Verizon Communications a good dividend stock?

Verizon Communications (NYSE:VZ) pays an annual dividend of $2.56 per share and currently has a dividend yield of 6.48%. VZ has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 17 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 51.30%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, VZ will have a dividend payout ratio of 48.39% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for VZ.

What guidance has Verizon Communications issued on next quarter's earnings?

Verizon Communications updated its FY 2022 earnings guidance on Friday, July, 29th. The company provided EPS guidance of $5.10-$5.25 for the period, compared to the consensus earnings per share estimate of $5.41. The company issued revenue guidance of -.

What is Hans Vestberg's approval rating as Verizon Communications' CEO?

1,639 employees have rated Verizon Communications Chief Executive Officer Hans Vestberg on Glassdoor.com. Hans Vestberg has an approval rating of 83% among the company's employees.

What other stocks do shareholders of Verizon Communications own?

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).

What is Verizon Communications' stock symbol?

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

Who are Verizon Communications' major shareholders?

Verizon Communications' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include State Street Corp (3.90%), Northern Trust Corp (1.13%), FMR LLC (1.10%), Legal & General Group Plc (0.75%), California Public Employees Retirement System (0.65%) and UBS Asset Management Americas Inc. (0.48%). Insiders that own company 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
.

How do I buy shares of Verizon Communications?

Shares of VZ stock 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.
Compare Top Brokerages Here.

What is Verizon Communications' stock price today?

One share of VZ stock can currently be purchased for approximately $38.93.

How much money does Verizon Communications make?

Verizon Communications (NYSE:VZ) has a market capitalization of $163.49 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 $4.99 on an earnings per share basis.

How many employees does Verizon Communications have?

The company employs 118,400 workers across the globe.

Does Verizon Communications have any subsidiaries?
The following companies are subsidiares of Verizon Communications: AOL, AirTouch Cellular Inc., Alltel, Alltel Corporation, BAMS Communications LLC, Blue Jeans Network, BlueJeans Network, Bluegrass Cellular, Cellco Partnership, CloudSwitch, Complex, EdgeCast Networks, FleetMatics, GTE, GTE Wireless LLC, Hughes Telematics, Inceptor, Incubed IT, Jaunt, LQD WiFi, MCI Communications, MCI Communications Services LLC, Moment, Niddel, ProtectWise, Qwest Wireless Spectrum (Network Assets), Senion, Sensity Systems, Skyward, SocialRadar, Straight Path Communications, Telogis, Terremark Worldwide, TracFone Wireless, UpLynk, Verizon Americas LLC, Verizon Avenue, Verizon Business Network Services LLC, Verizon Delaware LLC, Verizon International Business Ventures Inc., Verizon International Inc., Verizon Maryland LLC, Verizon New England Inc., Verizon New Jersey Inc., Verizon New York Inc., Verizon Pennsylvania LLC, Verizon Ventures LLC, Verizon Virginia LLC, Vessel, Vidder, Volicon, WideOpenWest - Fiber-Optic Network, XO Communications, Yahoo!, and go90.
Read More
How can I contact Verizon Communications?

Verizon Communications' mailing address is 1095 AVENUE OF THE AMERICAS, NEW YORK NY, 10036. The official website for the company is www.verizon.com. The cell phone carrier can be reached via phone at (212) 395-1000, via email at michael.stefanski@verizon.com, or via fax at 212-571-1897.

This page (NYSE:VZ) was last updated on 9/27/2022 by MarketBeat.com Staff

MarketBeat Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau MarketBeat is rated as Great on TrustPilot

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | contact@marketbeat.com | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Privacy Policy | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart's disclaimer.