S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13

Verizon Communications Stock Forecast, Price & News

$51.42
+0.69 (+1.36%)
(As of 12/3/2021 04:00 PM ET)
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Today's Range
$50.52
$51.49
50-Day Range
$49.77
$54.53
52-Week Range
$49.74
$61.82
Volume
24.71 million shs
Average Volume
17.94 million shs
Market Capitalization
$215.85 billion
P/E Ratio
9.65
Dividend Yield
5.05%
Beta
0.43
30 days | 90 days | 365 days | Advanced Chart
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Verizon Communications logo

About Verizon Communications

Verizon Communications, Inc. is a holding company, which engages in the provision of communications, information, and entertainment products and services to consumers, businesses, and governmental agencies. It operates through the Verizon Consumer Group (Consumer) and Verizon Business Group (Business) segments. The Consumer segment provides consumer-focused wireless and wire line communications services and products. The Business segment offers wireless and wire line communications services and products; video and data services; corporate networking solutions; security and managed network services; local and long distance voice services; and network access to deliver various Internet of Things (IoT) services and products. The company was founded in 1983 and is headquartered in New York, NY.

Headlines

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Industry, Sector and Symbol

Industry
Telephone communication, except radio
Sub-Industry
Integrated Telecommunication Services
CUSIP
92343V10
Employees
132,200
Year Founded
1983

Sales & Book Value

Annual Sales
$128.29 billion
Cash Flow
$8.77 per share
Book Value
$18.96 per share

Profitability

Net Income
$17.80 billion
Pretax Margin
22.00%

Debt

Price-To-Earnings

Miscellaneous

Outstanding Shares
4,197,774,000
Free Float
4,136,024,000
Market Cap
$215.85 billion
Optionable
Optionable

Company Calendar

Ex-Dividend
10/07/2021
Last Earnings
10/19/2021
Dividend Payable
11/01/2021
Today
12/05/2021
Fiscal Year End
12/31/2021
Next Earnings (Confirmed)
1/25/2022

Social Links


MarketRank

Overall MarketRank

3.17 out of 5 stars

Computer And Technology Sector

12th out of 892 stocks

Telephone Communication, Except Radio Industry

3rd out of 43 stocks

Analyst Opinion: 3.1Community Rank: 4.0Dividend Strength: 5.0Insider Behavior: 2.5Valuation: 1.3 5 -4 -3 -2 -1 -












Verizon Communications (NYSE:VZ) Frequently Asked Questions

Is Verizon Communications a buy right now?

16 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Verizon Communications in the last twelve months. There are currently 1 sell rating, 10 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street equities 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.

How has Verizon Communications' stock price been impacted by COVID-19 (Coronavirus)?

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 shares have decreased by 6.2% and is now trading at $51.42.
View which stocks have been most impacted by COVID-19
.

Are investors shorting Verizon Communications?

Verizon Communications saw a decrease in short interest during the month of October. As of October 29th, there was short interest totaling 46,610,000 shares, a decrease of 15.2% from the October 14th total of 54,940,000 shares. Based on an average daily trading volume, of 17,310,000 shares, the short-interest ratio is currently 2.7 days.
View Verizon Communications' Short Interest
.

When is Verizon Communications' next earnings date?

Verizon Communications is scheduled to release its next quarterly earnings announcement on Tuesday, January 25th 2022.
View our earnings forecast for Verizon Communications
.

How can I listen to Verizon Communications' earnings call?

Verizon Communications will be holding an earnings conference call on Tuesday, January 25th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Verizon Communications' earnings last quarter?

Verizon Communications Inc. (NYSE:VZ) announced its earnings results on Tuesday, October, 19th. The cell phone carrier reported $1.41 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.36 by $0.05. The cell phone carrier earned $32.90 billion during the quarter, compared to analyst estimates of $33.24 billion. Verizon Communications had a net margin of 16.42% and a trailing twelve-month return on equity of 29.72%. The business's revenue for the quarter was up 4.4% on a year-over-year basis. During the same period last year, the business posted $1.25 earnings per share.
View Verizon Communications' earnings history
.

How often does Verizon Communications pay dividends? What is the dividend yield for Verizon Communications?

Verizon Communications announced a quarterly dividend on Friday, December 3rd. Shareholders of record on Monday, January 10th will be paid a dividend of $0.64 per share on Tuesday, February 1st. This represents a $2.56 dividend on an annualized basis and a dividend yield of 4.98%. The ex-dividend date of this dividend is Friday, January 7th.
View Verizon Communications' dividend history
.

Is Verizon Communications a good dividend stock?

Verizon Communications pays an annual dividend of $2.56 per share and currently has a dividend yield of 5.05%. VZ has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Verizon Communications has been increasing its dividend for 17 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of Verizon Communications is 48.03%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Verizon Communications will have a dividend payout ratio of 47.76% next year. This indicates that Verizon Communications will be able to sustain or increase its dividend.
View Verizon Communications' dividend history.

How will Verizon Communications' stock buyback program work?

Verizon Communications declared that its board has authorized a stock repurchase plan on Thursday, February 6th 2020, which authorizes the company to buyback 100,000,000 outstanding shares, according to EventVestor. This buyback authorization authorizes the company to buy shares of its stock through open market purchases. Stock buyback plans are often a sign that the company's management believes its shares are undervalued.

What guidance has Verizon Communications issued on next quarter's earnings?

Verizon Communications issued an update on its FY 2021 earnings guidance on Wednesday, November, 3rd. The company provided earnings per share guidance of $5.350-$5.400 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $5.310. The company issued revenue guidance of -.

What price target have analysts set for VZ?

16 equities research analysts have issued 12 month price targets for Verizon Communications' shares. Their forecasts range from $50.00 to $71.00. On average, they anticipate Verizon Communications' stock price to reach $60.00 in the next twelve months. This suggests a possible upside of 16.7% from the stock's current price.
View analysts' price targets for Verizon Communications
or view top-rated stocks among Wall Street analysts.

Who are Verizon Communications' key executives?

Verizon Communications' management team includes the following people:
  • Hans Erik Vestberg, Chairman & Chief Executive Officer
  • Manon Brouillette, COO & Deputy CEO-Verizon Consumer Group
  • Matthew D. Ellis, Chief Financial Officer & Executive Vice President
  • Kyle J. Malady, Chief Technology Officer & Executive VP
  • Shankar Arumugavelu, Global Chief Information Officer

What is Hans Vestberg's approval rating as Verizon Communications' CEO?

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.

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), Cisco Systems (CSCO), Intel (INTC), Pfizer (PFE), Walt Disney (DIS), NVIDIA (NVDA), JPMorgan Chase & Co. (JPM), AbbVie (ABBV) and Home Depot (HD).

What is Verizon Communications' stock symbol?

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

Who are Verizon Communications' major shareholders?

Verizon Communications' stock is owned by many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (7.00%), Geode Capital Management LLC (1.72%), Capital World Investors (1.14%), Morgan Stanley (1.03%), Bank of New York Mellon Corp (1.03%) and Franklin Resources Inc. (0.87%). 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
.

Which institutional investors are selling Verizon Communications stock?

VZ stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Franklin Resources Inc., Massachusetts Financial Services Co. MA, Parnassus Investments LLC, Parnassus Investments LLC, American International Group Inc., Bank of New York Mellon Corp, and FIL Ltd. 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.

Which institutional investors are buying Verizon Communications stock?

VZ stock was purchased by a variety of institutional investors in the last quarter, including Nordea Investment Management AB, Dimensional Fund Advisors LP, Geode Capital Management LLC, California Public Employees Retirement System, Morgan Stanley, Voloridge Investment Management LLC, Fort Washington Investment Advisors Inc. OH, and ICICI Prudential Asset Management Co Ltd.
View insider buying and selling activity for Verizon Communications
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Verizon Communications' stock price today?

One share of VZ stock can currently be purchased for approximately $51.42.

How much money does Verizon Communications make?

Verizon Communications has a market capitalization of $215.85 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 $5.33 on an earnings per share basis.

How many employees does Verizon Communications have?

Verizon Communications employs 132,200 workers across the globe.

Does Verizon Communications have any subsidiaries?

The following companies are subsidiares of Verizon Communications: AOL, AirTouch Cellular Inc., Alltel, Alltel Corporation, BAMS Communications LLC, Bell Atlantic Mobile Systems LLC, Blue Jeans Network, BlueJeans Network, Bluegrass Cellular, Cellco Partnership(d/b/a Verizon Wireless), CloudSwitch, Complex, EdgeCast Networks, FleetMatics, GTE, GTE LLC, GTE Wireless LLC, Hughes Telematics, Inceptor, Incubed IT, Jaunt, LQD WiFi, MCI Communications, MCI Communications Services LLC, MCI International LLC, Moment, Niddel, ProtectWise, Qwest Wireless Spectrum (Network Assets), Senion, Sensity Systems, Skyward, SocialRadar, Straight Path Communications, Telogis, Terremark Worldwide, TracFone Wireless, UpLynk, Verizon Americas LLC, Verizon Avenue, Verizon Business Global LLC, Verizon Business Network Services LLC, Verizon Delaware LLC, Verizon International Business Ventures Inc., Verizon International Inc., Verizon Maryland LLC, Verizon New England Inc., Verizon New Jersey Inc., Verizon New York Inc., Verizon Pennsylvania LLC, Verizon Ventures LLC, Verizon Virginia LLC, Vessel, Vidder, Volicon, WideOpenWest - Fiber-Optic Network, XO Communications, Yahoo!, and go90.

When was Verizon Communications founded?

Verizon Communications was founded in 1983.

What is Verizon Communications' official website?

The official website for Verizon Communications is www.verizon.com.

Where are Verizon Communications' headquarters?

Verizon Communications is headquartered at 1095 AVENUE OF THE AMERICAS, NEW YORK NY, 10036.

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, via email at [email protected], or via fax at 212-571-1897.


This page was last updated on 12/5/2021 by MarketBeat.com Staff

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