Verizon Communications Stock Forecast, Price & News

15 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Verizon Communications in the last year. There are currently 1 sell rating, 11 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street 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.

15 analysts have issued twelve-month price targets for Verizon Communications' stock. Their VZ stock forecasts range from $44.00 to $71.00. On average, they anticipate Verizon Communications' share price to reach $57.14 in the next year. This suggests a possible upside of 12.6% from the stock's current price.
View analysts' price targets for Verizon Communications or view top-rated stocks among Wall Street analysts.

Verizon Communications' stock was trading at $51.96 at the beginning of the year. Since then, VZ stock has decreased by 2.3% and is now trading at $50.75.
View the best growth stocks for 2022 here.

Verizon Communications is scheduled to release its next quarterly earnings announcement on Friday, July 22nd 2022.
View our earnings forecast for Verizon Communications.

Verizon Communications will be holding an earnings conference call on Friday, July 22nd at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link.

Verizon Communications Inc. (NYSE:VZ) released its earnings results on Friday, April, 22nd. The cell phone carrier reported $1.35 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $1.35. The cell phone carrier earned $33.60 billion during the quarter, compared to the consensus estimate of $33.61 billion. Verizon Communications had a trailing twelve-month return on equity of 28.15% and a net margin of 15.93%. Verizon Communications's quarterly revenue was up 2.2% compared to the same quarter last year. During the same period last year, the business earned $1.31 earnings per share.
View Verizon Communications' earnings history.

Verizon Communications announced a quarterly dividend on Tuesday, May 31st. Shareholders of record on Friday, July 8th will be given a dividend of $0.64 per share on Monday, August 1st. This represents a $2.56 annualized dividend and a yield of 5.04%. The ex-dividend date is Thursday, July 7th.
View Verizon Communications' dividend history.

Verizon Communications(NYSE:VZ) pays an annual dividend of $2.56 per share and currently has a dividend yield of 5.03%. 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 18 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of Verizon Communications is 49.71%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Verizon Communications will have a dividend payout ratio of 45.71% next year. This indicates that Verizon Communications will be able to sustain or increase its dividend.
View Verizon Communications' dividend history.

Verizon Communications updated its FY 2022 earnings guidance on Friday, April, 22nd. The company provided earnings per share (EPS) guidance of $5.400-$5.400 for the period, compared to the consensus estimate of $5.450. The company issued revenue guidance of -.

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.

Some companies that are related to Verizon Communications include AT&T (T), Lumen Technologies (LUMN), Consolidated Communications (CNSL), ATN International (ATNI) and IDT (IDT).
View all of VZ's competitors.

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).

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

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.

One share of VZ stock can currently be purchased for approximately $50.75.

Verizon Communications (NYSE:VZ) has a market capitalization of $213.13 billion and generates $133.61 billion in revenue each year. The cell phone carrier earns $22.07 billion in net income (profit) each year or $5.15 on an earnings per share basis.

Verizon Communications employs 118,400 workers across the globe.

Verizon Communications was founded in 1983.

Verizon Communications' mailing address is 1095 AVENUE OF THE AMERICAS, NEW YORK NY, 10036. The official website for Verizon Communications is www.verizon.com. 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.