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

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. Stockholders 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 4.30%. The ex-dividend date is Monday, July 9th. View Verizon Communications' Dividend History.

Verizon Communications announced that its board has initiated a share buyback plan on Saturday, April 8th 2017, which allows the company to repurchase 100,000,000 outstanding shares, according to EventVestor. This repurchase authorization allows the company to buy shares of its stock through open market purchases. Stock repurchase plans are generally a sign that the company's board of directors believes its shares are undervalued.

Verizon Communications Inc. (NYSE:VZ) posted its quarterly earnings results on Tuesday, July, 24th. The cell phone carrier reported $1.20 earnings per share for the quarter, beating the Zacks' consensus estimate of $1.14 by $0.06. The cell phone carrier had revenue of $32.20 billion for the quarter, compared to the consensus estimate of $31.78 billion. Verizon Communications had a net margin of 23.88% and a return on equity of 38.62%. Verizon Communications's revenue was up 5.4% on a year-over-year basis. During the same period in the previous year, the firm posted $0.96 earnings per share. View Verizon Communications' Earnings History.

Verizon Communications is scheduled to release their next quarterly earnings announcement on Thursday, October, 18th 2018. View Earnings Estimates for Verizon Communications.

22 Wall Street analysts have issued twelve-month price targets for Verizon Communications' shares. Their predictions range from $49.00 to $63.00. On average, they anticipate Verizon Communications' stock price to reach $55.3889 in the next twelve months. This suggests a possible upside of 0.9% from the stock's current price. View Analyst Price Targets for Verizon Communications.

22 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Verizon Communications in the last year. There are currently 5 hold ratings and 17 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Verizon Communications.

Some companies that are related to Verizon Communications include AT&T (T), SoftBank Group (SFTBY), Nippon Telegraph & Telephone (NTTYY), America Movil SAB de CV ADR Series L (AMX), Telefonica (TEF), Orange (ORAN), BCE (BCE), China Telecom (CHA), SINGAPORE TELEC/S (SGAPY), VIVENDI SA/ADR (VIVHY), BT Group (BT), Telenor ASA (TELNY), Telstra (TLSYY), Centurylink (CTL) and Sprint (S).

Headlines about VZ stock have trended somewhat positive recently, Accern reports. Accern rates the sentiment of press coverage by monitoring more than 20 million news and blog sources. 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 news impact score of 0.16 on Accern's scale. They also gave news headlines about the cell phone carrier an impact score of 45.18 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the next several days. View Recent Headlines for Verizon Communications.

Verizon Communications' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (6.54%), FMR LLC (1.68%), Bank of New York Mellon Corp (1.28%), Morgan Stanley (0.84%), Wells Fargo & Company MN (0.70%) and Schwab Charles Investment Management Inc. (0.58%). 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 Assenagon Asset Management S.A., Millennium Management LLC, Toronto Dominion Bank, Federated Investors Inc. PA, Russell Investments Group Ltd., NN Investment Partners Holdings N.V., Sawgrass Asset Management LLC and Epoch Investment Partners Inc.. 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 acquired by a variety of institutional investors in the last quarter, including Charles Schwab Investment Advisory Inc., Boston Partners, FMR LLC, Dimensional Fund Advisors LP, Bank of New York Mellon Corp, Hamlin Capital Management LLC, Voya Investment Management LLC and American Century Companies 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 $54.91.

Verizon Communications has a market capitalization of $226.17 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]