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, December 6th. Stockholders of record on Thursday, January 10th will be paid a dividend of $0.6025 per share on Friday, February 1st. This represents a $2.41 annualized dividend and a dividend yield of 4.22%. The ex-dividend date is Wednesday, January 9th. View Verizon Communications' Dividend History.

Verizon Communications declared that its board has approved a stock buyback program on Saturday, April 8th 2017, which authorizes the company to repurchase 100,000,000 outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to buy shares of its stock through open market purchases. Shares repurchase programs are generally a sign that the company's leadership believes its stock is undervalued.

Verizon Communications Inc. (NYSE:VZ) announced its quarterly earnings results on Tuesday, October, 23rd. The cell phone carrier reported $1.22 EPS for the quarter, beating the consensus estimate of $1.19 by $0.03. The cell phone carrier earned $32.61 billion during the quarter, compared to the consensus estimate of $32.45 billion. Verizon Communications had a return on equity of 35.50% and a net margin of 24.71%. The company's revenue was up 2.8% on a year-over-year basis. During the same quarter last year, the company earned $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.

Verizon Communications will be holding an earnings conference call on Tuesday, January 29th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link.

20 analysts have issued 12 month target prices for Verizon Communications' shares. Their forecasts range from $49.00 to $63.00. On average, they anticipate Verizon Communications' stock price to reach $55.7582 in the next year. This suggests that the stock has a possible downside of 2.3%. View Analyst Price Targets for Verizon Communications.

20 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Verizon Communications in the last year. There are currently 8 hold ratings and 12 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Verizon Communications.

Media stories about VZ stock have trended somewhat positive this week, InfoTrie Sentiment reports. The research group identifies positive and negative press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Verizon Communications earned a coverage optimism score of 1.0 on InfoTrie's scale. They also assigned news headlines about the cell phone carrier a news buzz of 4.0 out of 10, indicating that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future.

Verizon Communications saw a increase in short interest in the month of November. As of November 30th, there was short interest totalling 43,490,911 shares, an increase of 4.0% from the November 15th total of 41,800,454 shares. Based on an average daily volume of 17,639,029 shares, the days-to-cover ratio is currently 2.5 days. Approximately 1.1% of the shares of the stock are short sold. View Verizon Communications' Current Options Chain.

Some companies that are related to Verizon Communications include China Mobile (CHL), AT&T (T), Nippon Telegraph & Telephone (NTTYY), SoftBank Group (SFTBY), 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 Swisscom (SCMWY).

Verizon Communications' stock is owned by many different of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (7.36%), Vanguard Group Inc (7.36%), BlackRock Inc. (6.69%), Capital Research Global Investors (2.41%), Capital World Investors (1.74%) and FMR LLC (1.57%). 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, Federated Investors Inc. PA, Franklin Resources Inc., Canada Pension Plan Investment Board and Man Group plc. View Insider Buying and Selling for Verizon Communications.

VZ stock was acquired by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, Capital International Investors, Morgan Stanley, Capital World Investors, BlackRock Inc., MERIAN GLOBAL INVESTORS UK Ltd, Sanders Capital LLC and Vanguard Group 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, Scottrade, Fidelity and Charles Schwab.

One share of VZ stock can currently be purchased for approximately $57.08.

Verizon Communications has a market capitalization of $235.62 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]