Verizon Communications Stock Price, News & Analysis (NYSE:VZ)

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

Verizon Communications announced a quarterly dividend on Thursday, September 5th. Shareholders 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 annualized dividend and a yield of 4.05%. 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.

Verizon Communications Inc. (NYSE:VZ) issued its quarterly earnings results on Thursday, August, 1st. The cell phone carrier reported $1.23 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $1.20 by $0.03. The cell phone carrier earned $32.07 billion during the quarter, compared to analysts' expectations of $32.42 billion. Verizon Communications had a return on equity of 34.91% and a net margin of 12.08%. Verizon Communications's revenue for the quarter was down .4% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.20 earnings per share. View Verizon Communications' Earnings History.

Verizon Communications is scheduled to release their next quarterly earnings announcement on Friday, October 25th 2019. View Earnings Estimates for Verizon Communications.

Verizon Communications will be holding an earnings conference call on Friday, October 25th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

14 brokers have issued 1 year target prices for Verizon Communications' stock. Their forecasts range from $53.00 to $70.00. On average, they expect Verizon Communications' stock price to reach $61.89 in the next year. This suggests a possible upside of 1.8% from the stock's current price. View Analyst Price Targets for Verizon Communications.

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Verizon Communications in the last year. There are currently 8 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Verizon Communications.

Media stories about VZ stock have trended somewhat positive this week, InfoTrie reports. InfoTrie identifies positive and negative press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Verizon Communications earned a coverage optimism score of 2.0 on InfoTrie's scale. They also gave news articles about the cell phone carrier a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the company's share price in the next several days. View News Stories for Verizon Communications.

Some companies that are related to Verizon Communications include AT&T (T), Centurylink (CTL), ATN International (ATNI), Consolidated Communications (CNSL), Cincinnati Bell (CBB), IDT (IDT), Frontier Communications (FTR) and Cbeyond (CBEY).

Based on aggregate information from My MarketBeat watchlists, some companies that other Verizon Communications investors own include AT&T (T), General Electric (GE), NVIDIA (NVDA), JPMorgan Chase & Co. (JPM), Alibaba Group (BABA), Bank of America (BAC), HCA Healthcare (HCA), Ford Motor (F), Wells Fargo & Co (WFC) and Pandora Media (P).

Verizon Communications' stock is owned by many different of retail and institutional investors. Top institutional shareholders include Robeco Institutional Asset Management B.V. (0.13%), Assenagon Asset Management S.A. (0.10%), Hexavest Inc. (0.07%), Strs Ohio (0.07%), Envestnet Asset Management Inc. (0.06%) and Artemis Investment Management LLP (0.06%). 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.

VZ stock was sold by a variety of institutional investors in the last quarter, including CIBC Private Wealth Group LLC, Crow Point Partners LLC, Zurcher Kantonalbank Zurich Cantonalbank, Gateway Investment Advisers LLC, Robeco Institutional Asset Management B.V., Strs Ohio, Hamlin Capital Management LLC and Hexavest Inc.. 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.

VZ stock was bought by a variety of institutional investors in the last quarter, including Boston Trust Walden Corp, Ferguson Wellman Capital Management Inc., Assenagon Asset Management S.A., Centre Asset Management LLC, Nippon Life Global Investors Americas Inc., Dalton Greiner Hartman Maher & Co., Envestnet Asset Management Inc. and Artemis Investment Management LLP. 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, Robinhood, Fidelity and Charles Schwab.

One share of VZ stock can currently be purchased for approximately $60.77.

Verizon Communications has a market capitalization of $251.33 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.

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

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]