NYSE:VZ - Verizon Communications Stock Price, News, & Analysis

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$56.15 +0.39 (+0.70 %)
(As of 02/22/2019 06:00 AM ET)
Previous Close$55.76
Today's Range$55.46 - $56.7150
52-Week Range$46.08 - $61.58
Volume14.31 million shs
Average Volume15.99 million shs
Market Capitalization$231.79 billion
P/E Ratio11.92
Dividend Yield4.32%
Beta0.48
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; multimedia, business-focused, and location-based services, as well as international travel services; and network access services to deliver various Internet of Things products and services. This segment also provides wireless devices, including smartphones and basic phones, wearables, and tablets and other Internet access devices. As of December 31, 2017, it had 116.3 million retail connections. Its Wireline segment offers traditional circuit-based network products and services; networking solutions, comprising private Internet protocol (IP), Ethernet, and software-defined wide area network, as well as cyber security services; local exchange, regional, long distance, and toll-free calling services; voice messaging and conferencing services; and workforce productivity and customer contact center solutions, as well as residential fixed connectivity solutions, including Internet, TV, and voice services under the Fios brand name. This segment also provides premises equipment, as well as installation, maintenance, and site services; data, voice, local dial tone, and broadband services primarily to local, long distance, and wireless carriers; voice and networking products, Fios services, IP networking, voice solutions, security, and managed information technology services for small and medium businesses, state and local governments, and educational institutions; and security and managed network services. The company was formerly known as Bell Atlantic Corporation and changed its name to Verizon Communications Inc. in June 2000. Verizon Communications Inc. was founded in 1983 and is headquartered in New York, New York.

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Industry, Sector and Symbol

Industry Telephone communication, except radio
Sub-IndustryIntegrated Telecommunication Services
SectorComputer and Technology
CUSIP92343V10
Phone212-395-1000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$130.86 billion
Cash Flow$9.0419 per share
Book Value$13.25 per share

Profitability

Net Income$15.53 billion

Miscellaneous

Employees155,400
Outstanding Shares4,127,964,000
Market Cap$231.79 billion
Next Earnings Date4/23/2019 (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 announced a quarterly dividend on Thursday, December 6th. Shareholders of record on Thursday, January 10th will be paid a dividend of $0.6025 per share on Friday, February 1st. This represents a $2.41 annualized dividend and a yield of 4.29%. The ex-dividend date is Wednesday, January 9th. View Verizon Communications' Dividend History.

How will Verizon Communications' stock buyback program work?

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

How were Verizon Communications' earnings last quarter?

Verizon Communications Inc. (NYSE:VZ) posted its quarterly earnings results on Tuesday, January, 29th. The cell phone carrier reported $1.12 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $1.09 by $0.03. The cell phone carrier had revenue of $34.28 billion for the quarter, compared to analyst estimates of $34.45 billion. Verizon Communications had a net margin of 11.87% and a return on equity of 35.96%. The firm's revenue for the quarter was up 1.0% on a year-over-year basis. During the same period in the previous year, the business earned $0.86 earnings per share. View Verizon Communications' Earnings History.

When is Verizon Communications' next earnings date?

Verizon Communications is scheduled to release their next quarterly earnings announcement on Tuesday, April 23rd 2019. View Earnings Estimates for Verizon Communications.

How can I listen to Verizon Communications' earnings call?

Verizon Communications will be holding an earnings conference call on Tuesday, April 23rd at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link.

What price target have analysts set for VZ?

17 brokers have issued 1-year target prices for Verizon Communications' stock. Their forecasts range from $49.00 to $62.00. On average, they expect Verizon Communications' stock price to reach $55.5636 in the next year. This suggests that the stock has a possible downside of 1.0%. View Analyst Price Targets for Verizon Communications.

What is the consensus analysts' recommendation for Verizon Communications?

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Verizon Communications in the last year. There are currently 8 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Verizon Communications.

Has Verizon Communications been receiving favorable news coverage?

Media coverage about VZ stock has been trending positive on Friday, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive press coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Verizon Communications earned a news sentiment score of 2.3 on InfoTrie's scale. They also assigned media headlines about the cell phone carrier a news buzz of 8.0 out of 10, meaning that recent press coverage is very likely to have an effect on the stock's share price in the near term.

Are investors shorting Verizon Communications?

Verizon Communications saw a decrease in short interest in the month of January. As of January 31st, there was short interest totalling 30,669,988 shares, a decrease of 18.4% from the January 15th total of 37,595,889 shares. Based on an average daily trading volume, of 20,429,382 shares, the days-to-cover ratio is currently 1.5 days. Currently, 0.7% of the company's stock are sold short. View Verizon Communications' Current Options Chain.

Who are some of Verizon Communications' key competitors?

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), Intel (INTC), General Electric (GE), Cisco Systems (CSCO), Pfizer (PFE), Exxon Mobil (XOM), JPMorgan Chase & Co. (JPM), Bank of America (BAC) and Walt Disney (DIS).

Who are Verizon Communications' key executives?

Verizon Communications' management team includes the folowing people:
  • Mr. Hans E. Vestberg, CEO & Director (Age 54)
  • Mr. Matthew D. Ellis, Exec. VP & CFO (Age 48)
  • Mr. Kyle J. Malady, Exec. VP & CTO
  • Mr. Marc Christopher Reed, Exec. VP & Chief Admin. Officer (Age 60)
  • Mr. Brady Connor, Sr. VP of Investor Relations

Who are Verizon Communications' major shareholders?

Verizon Communications' stock is owned by many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (7.26%), Bank of New York Mellon Corp (1.39%), Geode Capital Management LLC (1.32%), Northern Trust Corp (1.25%), Oregon Public Employees Retirement Fund (1.24%) and Legal & General Group Plc (0.56%). 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.

Which institutional investors are selling Verizon Communications stock?

VZ stock was sold by a variety of institutional investors in the last quarter, including Canada Pension Plan Investment Board, MERIAN GLOBAL INVESTORS UK Ltd, Massachusetts Financial Services Co. MA, DNB Asset Management AS, American International Group Inc., Nordea Investment Management AB, Millennium Management LLC and Bessemer Group Inc.. View Insider Buying and Selling for Verizon Communications.

Which institutional investors are buying Verizon Communications stock?

VZ stock was purchased by a variety of institutional investors in the last quarter, including Oregon Public Employees Retirement Fund, BlackRock Inc., APG Asset Management N.V., Geode Capital Management LLC, CI Investments Inc., Sanders Capital LLC, Northern Trust Corp and Acadian Asset Management 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, Scottrade, Fidelity and Charles Schwab.

What is Verizon Communications' stock price today?

One share of VZ stock can currently be purchased for approximately $56.15.

How big of a company is Verizon Communications?

Verizon Communications has a market capitalization of $231.79 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 155,400 workers across the globe.

What is Verizon Communications' official website?

The official website for Verizon Communications is http://www.verizon.com.

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)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  924 (Vote Outperform)
Underperform Votes:  1,076 (Vote Underperform)
Total Votes:  2,000
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.
This page was last updated on 2/22/2019 by MarketBeat.com Staff

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