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 announced a quarterly dividend on Thursday, September 6th. Stockholders of record on Wednesday, October 10th will be paid a dividend of $0.6025 per share on Thursday, November 1st. This represents a $2.41 annualized dividend and a dividend yield of 4.00%. The ex-dividend date is Tuesday, October 9th. This is a positive change from Verizon Communications's previous quarterly dividend of $0.59. View Verizon Communications' Dividend History.

Verizon Communications announced that its Board of Directors has authorized a share buyback plan on Saturday, April 8th 2017, which allows the company to repurchase 100,000,000 outstanding shares, according to EventVestor. This repurchase authorization allows the company to purchase shares of its stock through open market purchases. Shares repurchase plans are typically a sign that the company's leadership believes its shares are undervalued.

Verizon Communications Inc. (NYSE:VZ) issued its earnings results on Tuesday, October, 23rd. The cell phone carrier reported $1.22 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $1.19 by $0.03. The cell phone carrier had revenue of $32.61 billion for the quarter, compared to analyst estimates of $32.45 billion. Verizon Communications had a return on equity of 35.50% and a net margin of 24.71%. The firm's revenue was up 2.8% on a year-over-year basis. During the same period in the prior year, the firm posted $0.98 EPS. View Verizon Communications' Earnings History.

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

22 brokerages have issued 12 month target prices for Verizon Communications' stock. Their forecasts range from $49.00 to $63.00. On average, they anticipate Verizon Communications' share price to reach $55.8421 in the next year. This suggests that the stock has a possible downside of 7.3%. View Analyst Price Targets for Verizon Communications.

22 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Verizon Communications in the last year. There are currently 6 hold ratings and 16 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Verizon Communications.

Media coverage about VZ stock has trended positive this week, InfoTrie Sentiment Analysis reports. InfoTrie scores the sentiment of news coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Verizon Communications earned a news sentiment score of 2.3 on InfoTrie's scale. They also gave media stories about the cell phone carrier a news buzz of 2.0 out of 10, meaning that recent news coverage is very unlikely to have an impact on the stock's share price in the near future.

Verizon Communications saw a increase in short interest in October. As of October 15th, there was short interest totalling 38,458,626 shares, an increase of 15.8% from the September 28th total of 33,213,396 shares. Based on an average daily trading volume, of 16,532,156 shares, the days-to-cover ratio is presently 2.3 days. Currently, 0.9% of the company's stock are sold short. View Verizon Communications' Current Options Chain.

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

Verizon Communications' stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (6.69%), Capital Research Global Investors (2.41%), Capital World Investors (1.74%), FMR LLC (1.57%), Bank of New York Mellon Corp (1.34%) and Capital International Investors (1.04%). Company insiders that own Verizon Communications stock include Anthony T Skiadas, Craig L Silliman, Marni M Walden and Roger Gurnani. View Institutional Ownership Trends for Verizon Communications.

VZ stock was sold by a variety of institutional investors in the last quarter, including Capital Research Global Investors, Mitsubishi UFJ Trust & Banking Corp, Macquarie Group Ltd., FMR LLC, Franklin Resources Inc., Canada Pension Plan Investment Board, Man Group plc and State Treasurer State of Michigan. Company insiders that have sold Verizon Communications company stock in the last year include Anthony T Skiadas and Craig L Silliman. View Insider Buying and Selling for Verizon Communications.

VZ stock was bought by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, Capital International Investors, Capital World Investors, BlackRock Inc., MERIAN GLOBAL INVESTORS UK Ltd, Sanders Capital LLC, AQR Capital Management LLC and Alliancebernstein L.P.. 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 $60.21.

Verizon Communications has a market capitalization of $248.54 billion and generates $126.03 billion in revenue each year. The cell phone carrier earns $30.10 billion in net income (profit) each year or $3.74 on an earnings per share basis. Verizon Communications employs 155,400 workers across the globe.

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]