Verizon Communications Stock Forecast, Price & News

12 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Verizon Communications in the last year. There are currently 1 sell rating, 7 hold ratings and 4 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, October 20th 2021.
View our earnings forecast for Verizon Communications.

Verizon Communications will be holding an earnings conference call on Wednesday, October 20th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link.

Verizon Communications Inc. (NYSE:VZ) released its quarterly earnings data on Tuesday, July, 20th. The cell phone carrier reported $1.37 earnings per share for the quarter, beating analysts' consensus estimates of $1.30 by $0.07. The cell phone carrier had revenue of $33.76 billion for the quarter, compared to analyst estimates of $32.73 billion. Verizon Communications had a trailing twelve-month return on equity of 30.00% and a net margin of 15.05%. The company's revenue for the quarter was up 10.9% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.18 earnings per share.
View Verizon Communications' earnings history.

Verizon Communications' stock was trading at $54.83 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, VZ stock has decreased by 1.0% and is now trading at $54.28.
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Verizon Communications announced a quarterly dividend on Thursday, September 2nd. Stockholders of record on Friday, October 8th will be given a dividend of $0.64 per share on Monday, November 1st. This represents a $2.56 annualized dividend and a yield of 4.72%. The ex-dividend date of this dividend is Thursday, October 7th. This is a positive change from Verizon Communications's previous quarterly dividend of $0.63.
View Verizon Communications' dividend history.

Verizon Communications pays an annual dividend of $2.51 per share and currently has a dividend yield of 4.61%. VZ has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio of Verizon Communications is 51.22%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Verizon Communications will have a dividend payout ratio of 46.65% 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 approved a stock repurchase program on Thursday, February 6th 2020, which permits the company to buyback 100,000,000 shares, according to EventVestor. This buyback authorization permits the company to buy shares of its stock through open market purchases. Stock buyback programs are often an indication that the company's management believes its stock is undervalued.

Verizon Communications issued an update on its FY 2021 earnings guidance on Wednesday, August, 4th. The company provided earnings per share (EPS) guidance of $5.250-$5.350 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $5.120. The company issued revenue guidance of -.

12 brokers have issued 12 month target prices for Verizon Communications' shares. Their forecasts range from $50.00 to $68.00. On average, they anticipate Verizon Communications' share price to reach $61.09 in the next year. This suggests a possible upside of 12.5% from the stock's current price.
View analysts' price targets for Verizon Communications or view top-rated stocks among Wall Street analysts.

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), IDT (IDT), Consolidated Communications (CNSL), Cincinnati Bell (CBB) and ATN International (ATNI).
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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 retail and institutional investors. Top institutional investors include Vanguard Group Inc. (7.80%), BlackRock Inc. (7.16%), State Street Corp (3.96%), Geode Capital Management LLC (1.68%), Northern Trust Corp (1.21%) and Charles Schwab Investment Management Inc. (1.19%). Company insiders that own Verizon Communications stock include Anthony T Skiadas, Craig L Silliman, Craig L Silliman, Kumara Guru Gowrappan 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 BlackRock Inc., Capital International Investors, GSB Wealth Management LLC, Deutsche Bank AG, Swiss National Bank, AQR Capital Management LLC, Epoch Investment Partners Inc., and Northern Trust Corp. Company insiders that have sold Verizon Communications company stock in the last year include Craig L Silliman, Kumara Guru Gowrappan, and Tami A Erwin.
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 Jefferies Group LLC, Charles Schwab Investment Management Inc., Amundi, State Street Corp, Parnassus Investments CA, Mn Services Vermogensbeheer B.V., Franklin Resources Inc., and Healthcare of Ontario Pension Plan Trust Fund.
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 $54.28.

Verizon Communications has a market capitalization of $224.73 billion and generates $128.29 billion in revenue each year. The cell phone carrier earns $17.80 billion in net income (profit) each year or $4.90 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]