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 declared 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 dividend on an annualized basis and a yield of 4.04%. The ex-dividend date of this dividend is Wednesday, October 9th. This is a boost from Verizon Communications's previous quarterly dividend of $0.60. View Verizon Communications' Dividend History.

Verizon Communications Inc. (NYSE:VZ) posted its earnings results on Thursday, August, 1st. The cell phone carrier reported $1.23 EPS for the quarter, beating the consensus estimate of $1.20 by $0.03. The cell phone carrier earned $32.07 billion during the quarter, compared to the consensus estimate of $32.42 billion. Verizon Communications had a net margin of 12.08% and a return on equity of 34.91%. The firm's quarterly revenue was down .4% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $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 brokerages have issued 12-month target prices for Verizon Communications' stock. Their predictions range from $53.00 to $70.00. On average, they anticipate Verizon Communications' stock price to reach $61.89 in the next twelve months. This suggests a possible upside of 1.7% 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.

News headlines about VZ stock have trended neutral this week, InfoTrie reports. The research group scores the sentiment of media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Verizon Communications earned a news impact score of 0.2 on InfoTrie's scale. They also gave news articles about the cell phone carrier a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the stock's share price in the immediate future. 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 a variety of of retail and institutional investors. Top institutional shareholders include Rhumbline Advisers (0.19%), Robeco Institutional Asset Management B.V. (0.13%), Assenagon Asset Management S.A. (0.10%), State of New Jersey Common Pension Fund D (0.08%), Hexavest Inc. (0.07%) and Strs Ohio (0.07%). 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 purchased by a variety of institutional investors in the last quarter, including Alberta Investment Management Corp, State of New Jersey Common Pension Fund D, Boston Trust Walden Corp, Ferguson Wellman Capital Management Inc., Rhumbline Advisers, Assenagon Asset Management S.A., Centre Asset Management LLC and Nippon Life Global Investors Americas 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, Robinhood, Fidelity and Charles Schwab.

One share of VZ stock can currently be purchased for approximately $60.88.

Verizon Communications has a market capitalization of $251.79 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]