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

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$59.95 +0.87 (+1.47 %)
(As of 11/16/2018 11:01 AM ET)
Previous Close$59.08
Today's Range$58.92 - $59.97
52-Week Range$44.11 - $59.40
Volume277,087 shs
Average Volume19.71 million shs
Market Capitalization$242.15 billion
P/E Ratio16.11
Dividend Yield4.11%
Beta0.46
Verizon Communications Inc., through its subsidiaries, offers communications, information, and entertainment products and services to consumers, businesses, and governmental agencies worldwide. The company's Wireless segment provides wireless voice and data services; Internet access on various notebook computers and tablets; multimedia, business-focused, and location-based services, as well as international travel services; and network access services to deliver various Internet of Things products and services. This segment also provides wireless devices, including smartphones and basic phones, wearables, and tablets and other Internet access devices. As of December 31, 2017, it had 116.3 million retail connections. Its Wireline segment offers traditional circuit-based network products and services; networking solutions, comprising private Internet protocol (IP), Ethernet, and software-defined wide area network, as well as cyber security services; local exchange, regional, long distance, and toll-free calling services; voice messaging and conferencing services; and workforce productivity and customer contact center solutions, as well as residential fixed connectivity solutions, including Internet, TV, and voice services under the Fios brand name. This segment also provides premises equipment, as well as installation, maintenance, and site services; data, voice, local dial tone, and broadband services primarily to local, long distance, and wireless carriers; voice and networking products, Fios services, IP networking, voice solutions, security, and managed information technology services for small and medium businesses, state and local governments, and educational institutions; and security and managed network services. The company was formerly known as Bell Atlantic Corporation and changed its name to Verizon Communications Inc. in June 2000. Verizon Communications Inc. was founded in 1983 and is headquartered in New York, New York.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Telephone communication, except radio
Sub-IndustryIntegrated Telecommunication Services
SectorComputer and Technology
Current SymbolNYSE:VZ
Previous Symbol
CUSIP92343V10
Phone212-395-1000

Debt

Debt-to-Equity Ratio1.90
Current Ratio0.97
Quick Ratio0.93

Price-To-Earnings

Trailing P/E Ratio16.11
Forward P/E Ratio12.78
P/E Growth2.55

Sales & Book Value

Annual Sales$126.03 billion
Price / Sales1.96
Cash Flow$8.0795 per share
Price / Cash7.42
Book Value$13.59 per share
Price / Book4.41

Profitability

EPS (Most Recent Fiscal Year)$3.74
Net Income$30.10 billion
Net Margins24.71%
Return on Equity35.50%
Return on Assets6.98%

Miscellaneous

Employees155,400
Outstanding Shares4,127,960,000
Market Cap$242.15 billion
OptionableOptionable

Verizon Communications (NYSE:VZ) Frequently Asked Questions

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 6th. Shareholders of record on Wednesday, October 10th will be given a dividend of $0.6025 per share on Thursday, November 1st. This represents a $2.41 annualized dividend and a yield of 4.03%. The ex-dividend date of this dividend is Tuesday, October 9th. This is a boost from Verizon Communications's previous quarterly dividend of $0.59. View Verizon Communications' Dividend History.

How will Verizon Communications' stock buyback program work?

Verizon Communications declared that its Board of Directors has approved a share repurchase 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 typically a sign that the company's board of directors believes its stock is undervalued.

How were Verizon Communications' earnings last quarter?

Verizon Communications Inc. (NYSE:VZ) issued its quarterly earnings results on Tuesday, October, 23rd. The cell phone carrier reported $1.22 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $1.19 by $0.03. The cell phone carrier had revenue of $32.61 billion for 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 business's revenue for the quarter was up 2.8% compared to the same quarter last year. During the same period in the prior year, the business earned $0.98 earnings per share. View Verizon Communications' Earnings History.

When is Verizon Communications' next earnings date?

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

What price target have analysts set for VZ?

22 analysts have issued 12-month price objectives for Verizon Communications' stock. Their forecasts range from $49.00 to $63.00. On average, they expect Verizon Communications' share price to reach $55.8421 in the next year. This suggests that the stock has a possible downside of 6.7%. View Analyst Price Targets for Verizon Communications.

What is the consensus analysts' recommendation 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.

Has Verizon Communications been receiving favorable news coverage?

Media headlines about VZ stock have been trending positive on Friday, according to InfoTrie Sentiment Analysis. The research firm rates the sentiment of news 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 five, with scores closest to five being the most favorable. Verizon Communications earned a daily sentiment score of 2.2 on InfoTrie's scale. They also gave news stories about the cell phone carrier a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the stock's share price in the next several days.

Are investors shorting Verizon Communications?

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 volume of 16,532,156 shares, the days-to-cover ratio is presently 2.3 days. Currently, 0.9% of the company's shares are sold short. View Verizon Communications' Current Options Chain.

Who are some of Verizon Communications' key competitors?

Who are Verizon Communications' key executives?

Verizon Communications' management team includes the folowing people:
  • Mr. Hans E. Vestberg, CEO & Director (Age 53)
  • Mr. Matthew D. Ellis, Exec. VP & CFO (Age 47)
  • Mr. Kyle J. Malady, Acting CTO & Chief Network Operations Officer
  • Mr. Marc Christopher Reed, Exec. VP & Chief Admin. Officer (Age 59)
  • Mr. Craig L. Silliman, Exec. VP of Public Policy, Gen. Counsel & Strategic Policy Adviser (Age 50)

Who are Verizon Communications' major shareholders?

Verizon Communications' stock is owned by many different of institutional and retail investors. Top institutional shareholders 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.

Which institutional investors are selling Verizon Communications stock?

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.

Which institutional investors are buying Verizon Communications stock?

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.

How do I buy shares of 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.

What is Verizon Communications' stock price today?

One share of VZ stock can currently be purchased for approximately $59.83.

How big of a company is Verizon Communications?

Verizon Communications has a market capitalization of $242.15 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.

What is Verizon Communications' official website?

The official website for Verizon Communications is http://www.verizon.com.

How can I contact Verizon Communications?

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]


MarketBeat Community Rating for Verizon Communications (NYSE VZ)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  908 (Vote Outperform)
Underperform Votes:  1,027 (Vote Underperform)
Total Votes:  1,935
MarketBeat's community ratings are surveys of what our community members think about Verizon Communications and other stocks. Vote "Outperform" if you believe VZ will outperform the S&P 500 over the long term. Vote "Underperform" if you believe VZ will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 11/16/2018 by MarketBeat.com Staff

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