Verizon Communications Company Profile (NYSE:VZ)

About Verizon Communications (NYSE:VZ)

Verizon Communications logoVerizon 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:
  • Sector: Computer and Technology
  • Industry: Integrated Telecommunications Services
  • Sub-Industry: Integrated Telecommunication Services
  • Symbol: NYSE:VZ
  • CUSIP: 92343V10
  • Web: www.verizon.com
Capitalization:
  • Market Cap: $202.05308 billion
  • Outstanding Shares: 4,079,407,000
Average Prices:
  • 50 Day Moving Avg: $48.52
  • 200 Day Moving Avg: $47.03
  • 52 Week Range: $42.80 - $54.83
P/E:
  • Trailing P/E Ratio: 12.73
  • Foreward P/E Ratio: 12.73
  • P/E Growth: 11.58
Sales & Book Value:
  • Annual Revenue: $123.64 billion
  • Price / Sales: 1.63
  • Book Value: $6.18 per share
  • Price / Book: 8.01
Dividend:
  • Annual Dividend: $2.36
  • Dividend Yield: 4.8%
Profitability:
  • EBITDA: $43.95 billion
  • Net Margins: 12.80%
  • Return on Equity: 58.66%
  • Return on Assets: 6.13%
Debt:
  • Debt-to-Equity Ratio: 4.05%
  • Current Ratio: 1.07%
  • Quick Ratio: 1.00%
Misc:
  • Average Volume: 14.76 million shs.
  • Beta: 0.56
  • Short Ratio: 2.05
 

Frequently Asked Questions for Verizon Communications (NYSE:VZ)

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, September 7th. Stockholders of record on Tuesday, October 10th will be paid a dividend of $0.59 per share on Wednesday, November 1st. This represents a $2.36 annualized dividend and a dividend yield of 4.76%. The ex-dividend date is Friday, October 6th. This is a positive change from Verizon Communications's previous quarterly dividend of $0.58. View Verizon Communications' Dividend History.

How will Verizon Communications' stock buyback program work?

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

How were Verizon Communications' earnings last quarter?

Verizon Communications Inc. (NYSE:VZ) posted its earnings results on Thursday, October, 19th. The company reported $0.98 earnings per share for the quarter, hitting the Zacks' consensus estimate of $0.98. The company had revenue of $31.70 billion for the quarter, compared to analysts' expectations of $31.45 billion. Verizon Communications had a net margin of 12.80% and a return on equity of 58.66%. The company's revenue for the quarter was up 2.5% compared to the same quarter last year. During the same quarter last year, the firm posted $1.01 earnings per share. View Verizon Communications' Earnings History.

When will Verizon Communications make its next earnings announcement?

Verizon Communications is scheduled to release their next quarterly earnings announcement on Tuesday, January, 23rd 2018. View Earnings Estimates for Verizon Communications.

Where is Verizon Communications' stock going? Where will Verizon Communications' stock price be in 2017?

25 analysts have issued twelve-month target prices for Verizon Communications' stock. Their predictions range from $46.00 to $80.00. On average, they expect Verizon Communications' stock price to reach $53.28 in the next twelve months. View Analyst Ratings for Verizon Communications.

What are 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)

Who are some of Verizon Communications' key competitors?

Who are Verizon Communications' key executives?

Verizon Communications' management team includes the folowing people:

  • Lowell C. McAdam, Chairman of the Board, Chief Executive Officer
  • Matthew D. Ellis, Chief Financial Officer, Executive Vice President
  • Marc C. Reed, Executive Vice President, Chief Administrative Officer
  • Diego Scotti, Executive Vice President, Chief Marketing Officer
  • Roger Gurnani, Executive Vice President, Chief Information and Technology Architect
  • Craig L. Silliman, Executive Vice President – Public Policy and General Counsel
  • John G. Stratton, Executive Vice President, President - Operations
  • Marni M. Walden, Executive Vice President, President – Product Innovation and New Businesses
  • Anthony T. Skiadas, Senior Vice President, Controller
  • Andrew McKechnie, Chief Creative Officer

Who owns Verizon Communications stock?

Verizon Communications' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include State Treasurer State of Michigan (0.16%), APG Asset Management N.V. (0.15%), PGGM Investments (0.10%), Robeco Institutional Asset Management B.V. (0.07%), Shell Asset Management Co. (0.03%) and Sit Investment Associates Inc. (0.03%). 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 APG Asset Management N.V., PGGM Investments, State Treasurer State of Michigan, Inverness Counsel LLC NY, Douglas Lane & Associates LLC, Bridges Investment Counsel Inc., Quantitative Systematic Strategies LLC and Private Asset Management Inc.. Company insiders that have sold Verizon Communications 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 Shell Asset Management Co., Hermes Investment Management Ltd., Assenagon Asset Management S.A., Carnick & Kubik Group LLC, Curbstone Financial Management Corp, Stokes & Hubbell Capital Management LLC, FormulaFolio Investments LLC and Park National Corp OH. 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 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 $49.53.


MarketBeat Community Rating for Verizon Communications (NYSE VZ)
Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  703 (Vote Outperform)
Underperform Votes:  823 (Vote Underperform)
Total Votes:  1,526
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.

Analyst Ratings

Consensus Ratings for Verizon Communications (NYSE:VZ) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 19 Hold Ratings, 6 Buy Ratings
Consensus Rating:Hold (Score: 2.24)
Consensus Price Target: $53.28 (7.58% upside)
Consensus Price Target History for Verizon Communications (NYSE:VZ)
Price Target History for Verizon Communications (NYSE:VZ)
Analysts' Ratings History for Verizon Communications (NYSE:VZ)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/22/2017MacquarieReiterated RatingHold$52.00N/AView Rating Details
10/21/2017KeyCorpReiterated RatingHoldN/AView Rating Details
10/20/2017Bank of America CorporationSet Price TargetBuy$50.00 -> $52.00N/AView Rating Details
10/20/2017SunTrust Banks, Inc.Reiterated RatingHold$50.00N/AView Rating Details
10/12/2017Moffett NathansonReiterated RatingBuyN/AView Rating Details
10/4/2017Robert W. BairdReiterated RatingHold$49.00LowView Rating Details
9/19/2017Cowen and CompanyReiterated RatingHold$52.00HighView Rating Details
7/31/2017Royal Bank Of CanadaBoost Price TargetSector Perform$48.00 -> $50.00MediumView Rating Details
7/14/2017Barclays PLCLower Price TargetEqual Weight -> Equal Weight$49.00 -> $47.00LowView Rating Details
7/3/2017Jefferies Group LLCReiterated RatingHold$50.00LowView Rating Details
6/28/2017Wells Fargo & CompanyReiterated RatingMarket PerformHighView Rating Details
6/28/2017Goldman Sachs Group, Inc. (The)Reiterated RatingNeutralMediumView Rating Details
5/30/2017BTIG ResearchReiterated RatingNeutralLowView Rating Details
4/23/2017InstinetReiterated RatingNeutral$47.00 -> $46.00LowView Rating Details
4/23/2017Deutsche Bank AGReiterated RatingHold$47.00 -> $46.00LowView Rating Details
4/21/2017ArgusDowngradeBuy -> HoldHighView Rating Details
2/16/2017Evercore ISIReiterated RatingHoldN/AView Rating Details
1/25/2017Raymond James Financial, Inc.Reiterated RatingOutperform -> Market PerformN/AView Rating Details
1/25/2017FBR & CoDowngradeOutperform -> Market Perform$57.00 -> $52.00N/AView Rating Details
1/24/2017Pacific CrestReiterated RatingEqual WeightN/AView Rating Details
1/24/2017Citigroup Inc.Reiterated RatingBuyN/AView Rating Details
1/24/2017Drexel HamiltonReiterated RatingBuy$54.00N/AView Rating Details
1/23/2017Needham & Company LLCReiterated RatingHoldN/AView Rating Details
1/19/2017HSBC Holdings plcUpgradeHold -> Buy$61.00N/AView Rating Details
10/23/2016Morgan StanleyReiterated RatingOverweight$60.00N/AView Rating Details
9/12/2016NomuraReiterated RatingHold$47.00N/AView Rating Details
8/2/2016Imperial CapitalDowngradeOutperform -> In-Line$50.00 -> $60.00N/AView Rating Details
7/27/2016J P Morgan Chase & CoBoost Price TargetNeutral$50.00 -> $56.00N/AView Rating Details
7/27/2016Hilliard LyonsDowngradeBuy -> Neutral$53.00N/AView Rating Details
7/20/2016Oppenheimer Holdings, Inc.DowngradeOutperform -> Market PerformN/AView Rating Details
4/18/2016ScotiabankDowngradeSector Outperform -> Sector PerformN/AView Rating Details
4/7/2016Sanford C. BernsteinDowngradeOutperform -> Market Perform$54.00 -> $55.00N/AView Rating Details
4/1/2016HansonDowngradeBuy -> Neutral$55.00N/AView Rating Details
2/4/2016DA DavidsonInitiated CoverageNeutral$53.00N/AView Rating Details
(Data available from 10/22/2015 forward)

Earnings

Earnings History for Verizon Communications (NYSE:VZ)
Earnings by Quarter for Verizon Communications (NYSE:VZ)
Earnings History by Quarter for Verizon Communications (NYSE VZ)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
1/23/2018        
10/19/2017Q3 2017$0.98$0.98$31.45 billion$31.70 billionViewN/AView Earnings Details
7/27/2017Q2 2017$0.96$0.96$29.84 billion$30.55 billionViewN/AView Earnings Details
4/20/2017Q1 2017$0.98$0.95$30.41 billion$29.81 billionViewN/AView Earnings Details
1/24/2017Q416$0.89$0.86$32.12 billion$32.30 billionViewListenView Earnings Details
10/20/2016Q316$0.99$1.01$31.08 billion$30.90 billionViewListenView Earnings Details
7/26/2016Q216$0.92$0.94$30.95 billion$30.53 billionViewListenView Earnings Details
4/21/2016Q116$1.06$1.06$32.49 billion$32.20 billionViewListenView Earnings Details
1/21/2016Q415$0.88$0.89$34.06 billion$34.30 billionViewListenView Earnings Details
10/20/2015Q315$1.02$1.04$32.94 billion$33.20 billionViewListenView Earnings Details
7/21/2015Q215$1.01$1.04$32.45 billion$32.22 billionViewListenView Earnings Details
4/21/2015Q115$0.95$1.02$32.30 billion$31.98 billionViewListenView Earnings Details
1/22/2015Q414$0.73$0.71$32.67 billion$33.19 billionViewListenView Earnings Details
10/21/2014Q314$0.92$0.89$31.57 billion$31.60 billionViewListenView Earnings Details
7/22/2014Q214$0.90$0.91$31.10 billion$31.50 billionViewListenView Earnings Details
4/24/2014Q114$0.87$0.84$30.70 billion$31.82 billionViewListenView Earnings Details
1/21/2014Q4$0.65$0.66$31.02 billion$31.07 billionViewListenView Earnings Details
10/17/2013Q313$0.75$0.77$30.17 billion$30.28 billionViewListenView Earnings Details
7/18/2013Q2 2013$0.73$0.73$29.83 billion$27.79 billionViewListenView Earnings Details
4/18/2013Q1 2013$0.65$0.68$29.56 billion$29.40 billionViewListenView Earnings Details
1/22/2013Q4 2012$0.52$0.38$29.75 billion$30.05 billionViewN/AView Earnings Details
10/18/2012$0.64$0.64ViewN/AView Earnings Details
7/19/2012$0.64$0.64ViewN/AView Earnings Details
4/19/2012$0.58$0.59ViewN/AView Earnings Details
1/24/2012$0.53$0.52ViewN/AView Earnings Details
10/21/2011$0.56$0.56ViewN/AView Earnings Details
7/22/2011$0.55$0.57ViewN/AView Earnings Details
4/21/2011$0.50$0.51ViewN/AView Earnings Details
1/25/2011$0.55$0.54ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Verizon Communications (NYSE:VZ)
2017 EPS Consensus Estimate: $3.86
2018 EPS Consensus Estimate: $3.88
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20176$0.95$1.02$0.98
Q2 20176$0.94$1.00$0.97
Q3 20177$0.94$1.02$0.98
Q4 20177$0.87$1.04$0.92
Q1 20183$0.93$1.01$0.96
Q2 20183$0.95$1.01$0.98
Q3 20183$0.99$1.04$1.02
Q4 20183$0.88$0.97$0.92
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Verizon Communications (NYSE:VZ)
Next Dividend:11/1/2017
Annual Dividend:$2.36
Dividend Yield:4.76%
Dividend Growth:3.10% (3 Year Average)
Payout Ratio:60.51% (Trailing 12 Months of Earnings)
62.60% (Based on This Year's Estimates)
60.67% (Based on Next Year's Estimates)
Track Record:10 Years of Consecutive Dividend Growth
Dividend Payments by Quarter for Verizon Communications (NYSE:VZ)

Dividend History by Quarter for Verizon Communications (NYSE VZ)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
9/7/2017quarterly$0.595.12%10/6/201710/10/201711/1/2017
6/1/2017quarterly$0.584.97%7/6/20177/10/20178/1/2017
3/3/2017quarterly$0.584.62%4/6/20174/10/20175/1/2017
12/1/2016quarterly$0.584.64%1/6/20171/10/20172/1/2017
9/1/2016quarterly$0.014.37%10/5/201610/7/201611/1/2016
6/2/2016quarterly$0.574.44%7/6/20167/8/20168/1/2016
3/4/2016quarterly$0.574.33%4/6/20164/8/20165/2/2016
12/3/2015quarterly$0.574.94%1/6/20161/8/20162/1/2016
9/3/2015quarterly$0.575.04%10/7/201510/9/201511/2/2015
6/4/2015quarterly$0.554.66%7/8/20157/10/20158/3/2015
3/6/2015quarterly$0.554.56%4/8/20154/10/20155/1/2015
12/4/2014quarterly$0.554.53%1/7/20151/9/20152/2/2015
9/4/2014quarterly$0.554.41%10/8/201410/10/201411/3/2014
6/5/2014quarterly$0.534.29%7/8/20147/10/20148/1/2014
3/7/2014quarterly$0.534.51%4/8/20144/10/20145/1/2014
12/5/2013quarterly$0.534.28%1/8/20141/10/20142/3/2014
9/2/2013quarterly$0.534.53%10/8/201310/10/201311/1/2013
6/6/2013quarterly$0.524.1%7/8/20137/10/20138/1/2013
3/8/2013quarterly$0.524.31%4/8/20134/10/20135/1/2013
12/9/2012quarterly$0.524.64%1/8/20131/10/20132/1/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Verizon Communications (NYSE:VZ)
Insider Ownership Percentage: 0.13%
Institutional Ownership Percentage: 62.22%
Insider Trades by Quarter for Verizon Communications (NYSE:VZ)
Institutional Ownership by Quarter for Verizon Communications (NYSE:VZ)
Insider Trades by Quarter for Verizon Communications (NYSE:VZ)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
9/27/2017Craig L SillimanEVPSell610$49.23$30,030.30View SEC Filing  
8/28/2017Craig L SillimanEVPSell610$48.65$29,676.50View SEC Filing  
7/28/2017Craig L SillimanEVPSell610$47.74$29,121.40View SEC Filing  
6/27/2017Craig L SillimanEVPSell610$45.00$27,450.00View SEC Filing  
5/30/2017Craig L SillimanEVPSell610$45.34$27,657.40View SEC Filing  
5/1/2017Marni M WaldenEVPSell16,362$46.08$753,960.96View SEC Filing  
4/27/2017Craig L SillimanEVPSell610$47.36$28,889.60View SEC Filing  
3/27/2017Craig L SillimanEVPSell610$49.66$30,292.60View SEC Filing  
2/27/2017Marni M WaldenEVPSell32,254$49.92$1,610,119.68View SEC Filing  
2/23/2017Roger GurnaniEVPSell10,804$50.29$543,333.16View SEC Filing  
2/14/2017Anthony T SkiadasSVPSell12,495$48.27$603,133.65View SEC Filing  
11/22/2016Craig L SillimanEVPSell668$49.29$32,925.72View SEC Filing  
10/26/2016Craig L SillimanEVPSell672$47.76$32,094.72View SEC Filing  
9/26/2016Craig L SillimanEVPSell672$52.40$35,212.80View SEC Filing  
8/26/2016Craig L SillimanEVPSell672$52.76$35,454.72View SEC Filing  
7/27/2016Craig L SillimanEVPSell672$54.81$36,832.32View SEC Filing  
6/24/2016Craig L SillimanEVPSell672$54.56$36,664.32View SEC Filing  
5/26/2016Craig L SillimanEVPSell672$49.80$33,465.60View SEC Filing  
4/26/2016Craig L SillimanEVPSell672$51.00$34,272.00View SEC Filing  
3/28/2016Craig L SillimanEVPSell672$53.57$35,999.04View SEC Filing  
2/26/2016Craig L SillimanEVPSell672$51.13$34,359.36View SEC Filing  
2/24/2016Diego ScottiCMOBuy800$50.75$40,600.00View SEC Filing  
4/29/2015Daniel S MeadEVPSell24,945$50.45$1,258,475.25View SEC Filing  
2/17/2015Anthony T SkiadasSVPSell2,708$49.02$132,746.16View SEC Filing  
2/12/2015Daniel S MeadCEOSell24,898$49.70$1,237,430.60View SEC Filing  
9/22/2014Randal S MilchEVPSell2,791$50.10$139,829.10View SEC Filing  
8/22/2014Randal S MilchEVPSell2,966$48.92$145,096.72View SEC Filing  
7/23/2014Randal S MilchEVPSell2,966$51.00$151,266.00View SEC Filing  
6/23/2014Randal S MilchEVPSell2,966$49.39$146,490.74View SEC Filing  
5/23/2014Randal S MilchEVPSell2,965$49.42$146,530.30View SEC Filing  
4/25/2014Randal MilchEVPSell2,822$46.10$130,094.20View SEC Filing  
3/24/2014Randal MilchEVPSell2,823$46.70$131,834.10View SEC Filing  
2/25/2014Marni WaldenEVPSell8,048$46.31$372,702.88View SEC Filing  
2/24/2014Randal MilchEVPSell2,823$47.06$132,850.38View SEC Filing  
1/22/2014Randal MilchEVPSell2,823$47.47$134,007.81View SEC Filing  
11/18/2013Randal MilchEVPSell2,823$50.35$142,138.05View SEC Filing  
11/11/2013Hugh PriceDirectorSell7,798$49.90$389,120.20View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Verizon Communications (NYSE:VZ)
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Verizon Communications (VZ) Chart for Sunday, October, 22, 2017

This page was last updated on 10/22/2017 by MarketBeat.com Staff

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