About Verizon Communications (NYSE:VZ)
Verizon Communications Inc. is a holding company. The Company, through its subsidiaries, provides communications, information and entertainment products and services to consumers, businesses and governmental agencies. Its segments include Wireless and Wireline. The Wireless segment offers communications products and services, including wireless voice and data services and equipment sales, to consumer, business and government customers across the United States. The Wireline segment offers voice, data and video communications products and services, such as broadband video, data center and cloud services, security and managed network services, and local and long distance voice services. The Company has combined Yahoo! Inc.’s operating assets with its existing AOL Inc. business to create a new subsidiary, Oath Inc., owns a diverse house of more than 50 media and technology brands. The Oath portfolio includes HuffPost, Yahoo Sports, AOL.com, MAKERS, Tumblr, Yahoo Finance and Yahoo Mail.
Industry, Sector and Symbol
Industry Integrated Telecommunications Services
Sub-IndustryIntegrated Telecommunication Services
Trailing P/E Ratio13.3102564102564
Forward P/E Ratio13.77
Sales & Book Value
Annual Sales$125.98 billion
Price / Sales1.68
Cash Flow$7.83 per share
Price / Cash6.63
Book Value$5.90 per share
Price / Book8.80
Net Income$13.13 billion
Return on Equity58.66%
Return on Assets6.13%
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 Thursday, December 7th. Investors of record on Wednesday, January 10th will be paid a dividend of $0.59 per share on Thursday, February 1st. This represents a $2.36 annualized dividend and a yield of 4.55%. The ex-dividend date of this dividend is Tuesday, January 9th. View Verizon Communications' Dividend History.
How will Verizon Communications' stock buyback program work?
Verizon Communications announced that its board has initiated a share buyback program on Saturday, April 8th 2017, which allows the company to buyback 100,000,000 shares, according to EventVestor. This buyback authorization allows the company to purchase shares of its stock through open market purchases. Shares buyback programs are often a sign that the company's board believes its shares are undervalued.
How were Verizon Communications' earnings last quarter?
Verizon Communications Inc. (NYSE:VZ) announced its quarterly earnings data on Thursday, October, 19th. The cell phone carrier reported $0.98 earnings per share (EPS) for the quarter, meeting the Zacks' consensus estimate of $0.98. The cell phone carrier had revenue of $31.70 billion for the quarter, compared to analyst estimates of $31.45 billion. Verizon Communications had a net margin of 12.80% and a return on equity of 58.66%. The business's revenue was up 2.5% on a year-over-year basis. During the same period last year, the business earned $1.01 earnings per share. View Verizon Communications' Earnings History.
When will Verizon Communications make its next earnings announcement?
Where is Verizon Communications' stock going? Where will Verizon Communications' stock price be in 2018?
24 brokers have issued 1 year price objectives for Verizon Communications' stock. Their forecasts range from $42.80 to $61.00. On average, they expect Verizon Communications' share price to reach $51.57 in the next twelve months. View Analyst Ratings for Verizon Communications.
What are Wall Street analysts saying about Verizon Communications stock?
Here are some recent quotes from research analysts about Verizon Communications stock:
- 1. Macquarie analysts commented, "We model 4Q/’18 postpaid net adds of 711k/1.6m driven by churn of 1.04%/1.03%. We expect continued pressure on postpaid ARPA through 4Q, but at a lesser magnitude of decline. 5G is a priority as management believes the standards will be set by year-end. Verizon used proceeds from its wireline/data center sales to invest in mmWave spectrum/fiber assets, while partnerships with Ericsson, Samsung, Qualcomm, and Intel are also bearing fruit. Data around its 5G trials in 11 markets should come in 4Q, but its goal of launching a fixed wireless offering in ’18 remains. Ahead of the ‘18/’19 auction, we expect Verizon will continue to secure spectrum/fiber assets. #2 Net video losses of 18k stemmed from competitive pressures and a continued shift to traditional linear/OTT." (10/22/2017)
- 2. According to Zacks Investment Research, "Over the past three months, share price of Verizon moved down by 11.79% while the Zacks U.S. Wireless National industry’s lost 8.57%. Notably, Verizon operates in a highly competitive and saturated wireless U.S. market. Moreover, losses in access lines, operating expenses, marketing costs associated with attractive discounts, regulatory norms and union issues act as major headwinds. However, Verizon’s 5G wireless network trials in 11 U.S. cities with plans to deploy its fixed wireless version in 2018 and the deal to buy Straight Path Communications complements its 5G wireless expansion strategies. Verizon is gearing up to launch an online TV streaming service later this year. Buyout of Yahoo will boost Verizon’s digital media suite. Verizon’s unlimited data plans have heated up the wireless industry. Verizon is on track to bolster its foothold in the fiber and Internet of Things space through different deals." (7/13/2017)
Are investors shorting Verizon Communications?
Verizon Communications saw a drop in short interest in the month of December. As of December 29th, there was short interest totalling 33,222,973 shares, a drop of 16.1% from the December 15th total of 39,588,331 shares. Based on an average daily trading volume, of 11,096,880 shares, the short-interest ratio is currently 3.0 days. Approximately 0.8% of the company's shares are short sold.
Who are some of Verizon Communications' key competitors?
Some companies that are related to Verizon Communications include Telefonica (TEF), Orange (ORAN), BCE (BCE), BT Group (BT), BT Group (BT.A), Telefonica Brasil (VIV), TELUS (TU), Level 3 Communications (LVLT), Centurylink (CTL), Telecom Italia (TI), Altice USA (ATUS), Shaw Communications (SJR), KT (KT), Telecom Argentina (TEO), PLDT (PHI), J2 Global (JCOM), Cogent Communications (CCOI) and Neustar (NSR).
Who are Verizon Communications' key executives?
Verizon Communications' management team includes the folowing people:
- Lowell C. McAdam, Chairman of the Board, Chief Executive Officer (Age 62)
- Matthew D. Ellis, Chief Financial Officer, Executive Vice President (Age 45)
- Marc C. Reed, Executive Vice President, Chief Administrative Officer (Age 58)
- Diego Scotti, Executive Vice President, Chief Marketing Officer (Age 44)
- Roger Gurnani, Executive Vice President, Chief Information and Technology Architect (Age 56)
- Rima Qureshi, Executive Vice President, Chief Strategy Officer (Age 52)
- Craig L. Silliman, Executive Vice President – Public Policy and General Counsel (Age 49)
- John G. Stratton, Executive Vice President, President - Operations (Age 55)
- Anthony T. Skiadas, Senior Vice President, Controller (Age 48)
- Andrew McKechnie, Chief Creative Officer
Who owns Verizon Communications stock?
Verizon Communications' stock is owned by many different of retail and institutional investors. Top institutional investors include Schwab Charles Investment Management Inc. (0.52%), Hexavest Inc. (0.14%), Bank of Montreal Can (0.13%), National Pension Service (0.08%), DnB Asset Management AS (0.05%) and Gateway Investment Advisers LLC (0.05%). Company insiders that own Verizon Communications stock include Anthony T Skiadas, Craig L Silliman, Diego Scotti, Marni M Walden and Roger Gurnani. View Institutional Ownership Trends for Verizon Communications.
Who sold Verizon Communications stock? Who is selling Verizon Communications stock?
Verizon Communications' stock was sold by a variety of institutional investors in the last quarter, including USS Investment Management Ltd, Bank of Montreal Can, Clark Estates Inc. NY, Edge Wealth Management LLC, Gateway Investment Advisers LLC, Crow Point Partners LLC, Exxonmobil Investment Management Inc. TX and Hexavest Inc.. Company insiders that have sold Verizon Communications company stock in the last year include Anthony T Skiadas, Craig L Silliman, Marni M Walden and Roger Gurnani. View Insider Buying and Selling for Verizon Communications.
Who bought Verizon Communications stock? Who is buying Verizon Communications stock?
Verizon Communications' stock was bought by a variety of institutional investors in the last quarter, including Schwab Charles Investment Management Inc., DnB Asset Management AS, State of Alaska Department of Revenue, Bartlett & Co. LLC, National Pension Service, Sawyer & Company Inc, Bristol Advisors LLC and KAMES CAPITAL plc. View Insider Buying and Selling for Verizon Communications.
How do I buy Verizon Communications stock?
Shares of Verizon Communications 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 Verizon Communications stock can currently be purchased for approximately $51.91.
How big of a company is Verizon Communications?
Verizon Communications has a market capitalization of $211.76 billion and generates $125.98 billion in revenue each year. The cell phone carrier earns $13.13 billion in net income (profit) each year or $3.90 on an earnings per share basis. Verizon Communications employs 160,900 workers across the globe.
How can I contact Verizon Communications?
Verizon Communications' mailing address is 1095 Avenue of the Americas, NEW YORK, NY 10036, United States. The cell phone carrier can be reached via phone at +1-212-3951000 or via email at [email protected]
MarketBeat Community Rating for Verizon Communications (VZ)MarketBeat's community ratings are surveys of what our community members think about Verizon Communications and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Verizon Communications (NYSE:VZ) Analysts' Consensus Rating (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Today||30 Days Ago||90 Days Ago||180 Days Ago|
|Consensus Rating: ||Hold||Hold||Hold||Hold|
|Consensus Rating Score: ||2.24||2.28||2.21||2.15|
|Ratings Breakdown: ||0 Sell Rating(s)|
19 Hold Rating(s)
6 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
18 Hold Rating(s)
7 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
19 Hold Rating(s)
5 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
23 Hold Rating(s)
4 Buy Rating(s)
0 Strong Buy Rating(s)
|Consensus Price Target: ||$51.57||$51.59||$52.85||$53.06|
|Price Target Upside: ||0.56% downside||2.46% downside||6.71% upside||22.37% upside|
Verizon Communications (NYSE:VZ) Consensus Price Target History
Verizon Communications (NYSE:VZ) Analyst Ratings History
(Data available from 1/21/2016 forward)
Verizon Communications (NYSE:VZ) Earnings History and Estimates Chart
Verizon Communications (NYSE VZ) Earnings History by Quarter
(Earnings results data provided by Zacks Investment Research)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|10/19/2017||Q3 2017||$0.98||$0.98||$31.45 billion||$31.70 billion||View||N/A|
|7/27/2017||Q2 2017||$0.96||$0.96||$29.84 billion||$30.55 billion||View||N/A|
|4/20/2017||Q1 2017||$0.98||$0.95||$30.41 billion||$29.81 billion||View||N/A|
|1/24/2017||Q416||$0.89||$0.86||$32.12 billion||$32.30 billion||View||Listen|
|10/20/2016||Q316||$0.99||$1.01||$31.08 billion||$30.90 billion||View||Listen|
|7/26/2016||Q216||$0.92||$0.94||$30.95 billion||$30.53 billion||View||Listen|
|4/21/2016||Q116||$1.06||$1.06||$32.49 billion||$32.20 billion||View||Listen|
|1/21/2016||Q415||$0.88||$0.89||$34.06 billion||$34.30 billion||View||Listen|
|10/20/2015||Q315||$1.02||$1.04||$32.94 billion||$33.20 billion||View||Listen|
|7/21/2015||Q215||$1.01||$1.04||$32.45 billion||$32.22 billion||View||Listen|
|4/21/2015||Q115||$0.95||$1.02||$32.30 billion||$31.98 billion||View||Listen|
|1/22/2015||Q414||$0.73||$0.71||$32.67 billion||$33.19 billion||View||Listen|
|10/21/2014||Q314||$0.92||$0.89||$31.57 billion||$31.60 billion||View||Listen|
|7/22/2014||Q214||$0.90||$0.91||$31.10 billion||$31.50 billion||View||Listen|
|4/24/2014||Q114||$0.87||$0.84||$30.70 billion||$31.82 billion||View||Listen|
|1/21/2014||Q4||$0.65||$0.66||$31.02 billion||$31.07 billion||View||Listen|
|10/17/2013||Q313||$0.75||$0.77||$30.17 billion||$30.28 billion||View||Listen|
|7/18/2013||Q2 2013||$0.73||$0.73||$29.83 billion||$27.79 billion||View||Listen|
|4/18/2013||Q1 2013||$0.65||$0.68||$29.56 billion||$29.40 billion||View||Listen|
|1/22/2013||Q4 2012||$0.52||$0.38||$29.75 billion||$30.05 billion||View||N/A|
Verizon Communications (NYSE:VZ) Earnings Estimates
2018 EPS Consensus Estimate: $3.84
(Earnings estimates data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Verizon Communications (NYSE:VZ) Dividend Information
|Dividend Growth:||2.80% (3 Year Average)|
|Payout Ratio:||60.51% (Trailing 12 Months of Earnings) |
62.60% (Based on This Year's Estimates)
59.15% (Based on Next Year's Estimates)
|Track Record:||11 Years of Consecutive Dividend Growth|
Verizon Communications (NYSE:VZ) Dividend History by Quarter
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Verizon Communications (NYSE VZ) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 0.13%
Institutional Ownership Percentage: 63.22%
Verizon Communications (NYSE VZ) Insider Trades by Quarter
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Shares Held After Transaction||Details|
|11/27/2017||Craig L Silliman||EVP||Sell||610||$47.41||$28,920.10||3,269|| |
|10/27/2017||Craig L Silliman||EVP||Sell||610||$48.62||$29,658.20||5,989|| |
|9/27/2017||Craig L Silliman||EVP||Sell||610||$49.23||$30,030.30||6,599|| |
|8/28/2017||Craig L Silliman||EVP||Sell||610||$48.65||$29,676.50||7,209|| |
|7/28/2017||Craig L Silliman||EVP||Sell||610||$47.74||$29,121.40||7,819|| |
|6/27/2017||Craig L Silliman||EVP||Sell||610||$45.00||$27,450.00||8,429|| |
|5/30/2017||Craig L Silliman||EVP||Sell||610||$45.34||$27,657.40||9,039|| |
|5/1/2017||Marni M Walden||EVP||Sell||16,362||$46.08||$753,960.96||11,797|| |
|4/27/2017||Craig L Silliman||EVP||Sell||610||$47.36||$28,889.60||9,649|| |
|3/27/2017||Craig L Silliman||EVP||Sell||610||$49.66||$30,292.60||10,259|| |
|2/27/2017||Marni M Walden||EVP||Sell||32,254||$49.92||$1,610,119.68||28,159|| |
|2/23/2017||Roger Gurnani||EVP||Sell||10,804||$50.29||$543,333.16||63,734|| |
|2/14/2017||Anthony T Skiadas||SVP||Sell||12,495||$48.27||$603,133.65||16,058|| |
|11/22/2016||Craig L Silliman||EVP||Sell||668||$49.29||$32,925.72||6,047|| |
|10/26/2016||Craig L Silliman||EVP||Sell||672||$47.76||$32,094.72||9,182|| |
|9/26/2016||Craig L Silliman||EVP||Sell||672||$52.40||$35,212.80||9,854|| |
|8/26/2016||Craig L Silliman||EVP||Sell||672||$52.76||$35,454.72||10,526|| |
|7/27/2016||Craig L Silliman||EVP||Sell||672||$54.81||$36,832.32||11,198|| |
|6/24/2016||Craig L Silliman||EVP||Sell||672||$54.56||$36,664.32||11,870|| |
|5/26/2016||Craig L Silliman||EVP||Sell||672||$49.80||$33,465.60||12,542|| |
|4/26/2016||Craig L Silliman||EVP||Sell||672||$51.00||$34,272.00||13,214|| |
|3/28/2016||Craig L Silliman||EVP||Sell||672||$53.57||$35,999.04||13,886|| |
|2/26/2016||Craig L Silliman||EVP||Sell||672||$51.13||$34,359.36||14,558|| |
|2/24/2016||Diego Scotti||CMO||Buy||800||$50.75||$40,600.00||800|| |
|4/29/2015||Daniel S Mead||EVP||Sell||24,945||$50.45||$1,258,475.25|| |
|2/17/2015||Anthony T Skiadas||SVP||Sell||2,708||$49.02||$132,746.16|| |
|2/12/2015||Daniel S Mead||CEO||Sell||24,898||$49.70||$1,237,430.60|| |
|9/22/2014||Randal S Milch||EVP||Sell||2,791||$50.10||$139,829.10|| |
|8/22/2014||Randal S Milch||EVP||Sell||2,966||$48.92||$145,096.72|| |
|7/23/2014||Randal S Milch||EVP||Sell||2,966||$51.00||$151,266.00|| |
|6/23/2014||Randal S Milch||EVP||Sell||2,966||$49.39||$146,490.74|| |
|5/23/2014||Randal S Milch||EVP||Sell||2,965||$49.42||$146,530.30|| |
|4/25/2014||Randal Milch||EVP||Sell||2,822||$46.10||$130,094.20||20,863|| |
|3/24/2014||Randal Milch||EVP||Sell||2,823||$46.70||$131,834.10||23,685|| |
|2/25/2014||Marni Walden||EVP||Sell||8,048||$46.31||$372,702.88||8,230|| |
|2/24/2014||Randal Milch||EVP||Sell||2,823||$47.06||$132,850.38||26,508|| |
|1/22/2014||Randal Milch||EVP||Sell||2,823||$47.47||$134,007.81||11,850|| |
|11/18/2013||Randal Milch||EVP||Sell||2,823||$50.35||$142,138.05||17,496|| |
|11/11/2013||Hugh Price||Director||Sell||7,798||$49.90||$389,120.20||58|| |
Verizon Communications (NYSE VZ) News Headlines
Verizon Communications (NYSE:VZ) SEC Filings
This page is loading this company's SEC Filings. Please wait...
Verizon Communications (NYSE:VZ) Income Statement, Balance Sheet and Cash Flow Statement
Verizon Communications (NYSE VZ) Stock Chart for Sunday, January, 21, 2018