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

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

Verizon Communications declared a quarterly dividend on Thursday, June 6th. Shareholders of record on Wednesday, July 10th will be paid a dividend of $0.6025 per share on Thursday, August 1st. This represents a $2.41 dividend on an annualized basis and a dividend yield of 4.25%. The ex-dividend date of this dividend is Tuesday, July 9th. View Verizon Communications' Dividend History.

Verizon Communications Inc. (NYSE:VZ) announced its earnings results on Thursday, August, 1st. The cell phone carrier reported $1.23 earnings per share for the quarter, beating analysts' consensus estimates of $1.20 by $0.03. The cell phone carrier had revenue of $32.07 billion for the quarter, compared to analyst estimates of $32.42 billion. Verizon Communications had a net margin of 12.08% and a return on equity of 34.91%. The business's revenue for the quarter was down .4% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.20 EPS. View Verizon Communications' Earnings History.

Verizon Communications is scheduled to release their next quarterly earnings announcement on Tuesday, October 22nd 2019. View Earnings Estimates for Verizon Communications.

11 equities research analysts have issued 12 month price targets for Verizon Communications' shares. Their forecasts range from $53.00 to $65.00. On average, they anticipate Verizon Communications' stock price to reach $59.4590 in the next twelve months. This suggests a possible upside of 5.0% from the stock's current price. View Analyst Price Targets for Verizon Communications.

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Verizon Communications in the last year. There are currently 8 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Verizon Communications.

Media stories about VZ stock have been trending negative this week, according to InfoTrie Sentiment Analysis. The research firm scores the sentiment of press coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Verizon Communications earned a media sentiment score of -2.3 on InfoTrie's scale. They also assigned press coverage about the cell phone carrier a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View News Stories for Verizon Communications.

Some companies that are related to Verizon Communications include AT&T (T), China Mobile (CHL), SoftBank Group (SFTBY), Nippon Telegraph & Telephone (NTTYY), America Movil SAB de CV ADR Series L (AMX), BCE (BCE), Orange (ORAN), SINGAPORE TELEC/S (SGAPY), China Telecom (CHA), VIVENDI SA/ADR (VIVHY), Telefonica (TEF), Telstra (TLSYY), Telenor ASA (TELNY), Telekomnks Indn Prsr Tbk Prshn Prsrn (TLK) and Sprint (S).

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), General Electric (GE), Pfizer (PFE), Exxon Mobil (XOM), Walt Disney (DIS), JPMorgan Chase & Co. (JPM) and NVIDIA (NVDA).

Verizon Communications' stock is owned by many different of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (7.84%), BlackRock Inc. (7.67%), Northern Trust Corp (1.30%), Bank of New York Mellon Corp (1.15%), Price T Rowe Associates Inc. MD (0.86%) and Morgan Stanley (0.82%). Company insiders that own Verizon Communications stock include Anthony T Skiadas, Craig L Silliman and Lowell C Mcadam. View Institutional Ownership Trends for Verizon Communications.

VZ stock was sold by a variety of institutional investors in the last quarter, including Price T Rowe Associates Inc. MD, Barrow Hanley Mewhinney & Strauss LLC, Quest Capital Management Inc. ADV, Bank of New York Mellon Corp, Waddell & Reed Financial Inc., Mn Services Vermogensbeheer B.V., AQR Capital Management LLC and Profund Advisors LLC. 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.

VZ stock was purchased by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Invesco Ltd., BlackRock Inc., Beutel Goodman & Co Ltd., Vanguard Group Inc., Renaissance Technologies LLC, Thoroughbred Financial Services LLC and LSV Asset Management. 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, Scottrade, Fidelity and Charles Schwab.

One share of VZ stock can currently be purchased for approximately $56.65.

Verizon Communications has a market capitalization of $234.29 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]