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

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$60.51 +0.43 (+0.72 %)
(As of 03/26/2019 01:20 PM ET)
Previous Close$60.08
Today's Range$60.18 - $60.69
52-Week Range$46.08 - $61.58
Volume517,772 shs
Average Volume13.97 million shs
Market Capitalization$249.78 billion
P/E Ratio12.84
Dividend Yield4.03%
Beta0.5
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; international travel wireless services; and network access services to deliver various Internet of Things products and services, as well as offers digital advertising and digital media services platforms. This segment also provides wireless devices, including smartphones and basic phones, wearables, and tablets and other Internet access devices. As of December 31, 2018, it had 118.0 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$9.0448 per share
Book Value$13.25 per share

Profitability

Net Income$15.53 billion

Miscellaneous

Employees144,500
Outstanding Shares4,127,960,000
Market Cap$249.78 billion
Next Earnings Date4/23/2019 (Confirmed)
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 declared a quarterly dividend on Monday, March 11th. Shareholders of record on Wednesday, April 10th will be paid a dividend of $0.6025 per share on Wednesday, May 1st. This represents a $2.41 dividend on an annualized basis and a yield of 3.98%. The ex-dividend date of this dividend is Tuesday, April 9th. View Verizon Communications' Dividend History.

How will Verizon Communications' stock buyback program work?

Verizon Communications announced that its board has initiated a stock repurchase program on Saturday, April 8th 2017, which permits the company to buyback 100,000,000 shares, according to EventVestor. This buyback authorization permits the company to purchase shares of its stock through open market purchases. Shares buyback programs are usually an indication that the company's leadership believes its shares are undervalued.

How were Verizon Communications' earnings last quarter?

Verizon Communications Inc. (NYSE:VZ) posted its earnings results on Tuesday, January, 29th. The cell phone carrier reported $1.12 EPS for the quarter, topping the consensus estimate of $1.09 by $0.03. The cell phone carrier earned $34.28 billion during the quarter, compared to analysts' expectations of $34.45 billion. Verizon Communications had a net margin of 11.87% and a return on equity of 35.96%. Verizon Communications's quarterly revenue was up 1.0% compared to the same quarter last year. During the same quarter last year, the firm posted $0.86 EPS. 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?

16 equities research analysts have issued twelve-month price objectives for Verizon Communications' stock. Their forecasts range from $49.00 to $62.00. On average, they anticipate Verizon Communications' share price to reach $55.3762 in the next twelve months. This suggests that the stock has a possible downside of 8.5%. View Analyst Price Targets for Verizon Communications.

What is the consensus analysts' recommendation for Verizon Communications?

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Verizon Communications in the last year. There are currently 8 hold ratings and 8 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?

News articles about VZ stock have been trending somewhat negative this week, InfoTrie Sentiment reports. The research group scores the sentiment of news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Verizon Communications earned a coverage optimism score of -1.4 on InfoTrie's scale. They also gave news stories about the cell phone carrier a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the stock's share price in the next several days.

Are investors shorting Verizon Communications?

Verizon Communications saw a decrease in short interest in the month of February. As of February 15th, there was short interest totalling 27,605,708 shares, a decrease of 10.0% from the January 31st total of 30,669,988 shares. Based on an average daily trading volume, of 12,671,456 shares, the days-to-cover ratio is presently 2.2 days. Currently, 0.7% of the shares of the stock are short sold. 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, Chairman & CEO (Age 54)
  • Mr. Matthew D. Ellis, Exec. VP & CFO (Age 48)
  • Mr. Kyle J. Malady, Exec. VP & CTO (Age 51)
  • 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 a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (7.26%), FMR LLC (1.55%), Bank of New York Mellon Corp (1.39%), Geode Capital Management LLC (1.32%), Northern Trust Corp (1.25%) and Oregon Public Employees Retirement Fund (1.24%). Company insiders that own Verizon Communications stock include Anthony T Skiadas, Craig L Silliman, Lowell C Mcadam and Marni M Walden. View Institutional Ownership Trends for Verizon Communications.

Which major 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.. Company insiders that have sold Verizon Communications company stock in the last year include Anthony T Skiadas, Craig L Silliman and Lowell C Mcadam. View Insider Buying and Selling for Verizon Communications.

Which major investors are buying Verizon Communications stock?

VZ stock was bought by a variety of institutional investors in the last quarter, including Oregon Public Employees Retirement Fund, Norges Bank, BlackRock Inc., APG Asset Management N.V., Geode Capital Management LLC, CI Investments Inc., Sanders Capital LLC and Northern Trust Corp. 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 $60.51.

How big of a company is Verizon Communications?

Verizon Communications has a market capitalization of $249.78 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.

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:  934 (Vote Outperform)
Underperform Votes:  1,096 (Vote Underperform)
Total Votes:  2,030
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 3/26/2019 by MarketBeat.com Staff

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