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

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$55.44 +0.28 (+0.51 %)
(As of 02/20/2019 07:25 AM ET)
Previous Close$55.16
Today's Range$54.8160 - $55.66
52-Week Range$46.08 - $61.58
Volume12.27 million shs
Average Volume15.93 million shs
Market Capitalization$228.85 billion
P/E Ratio11.77
Dividend Yield4.37%
Beta0.48
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

Industry Telephone communication, except radio
Sub-IndustryIntegrated Telecommunication Services
SectorComputer and Technology
CUSIP92343V10
Phone212-395-1000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$130.86 billion
Cash Flow$8.9854 per share
Book Value$13.25 per share

Profitability

Net Income$15.53 billion

Miscellaneous

Employees155,400
Outstanding Shares4,127,960,000
Market Cap$228.85 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, December 6th. Investors of record on Thursday, January 10th will be given a dividend of $0.6025 per share on Friday, February 1st. This represents a $2.41 dividend on an annualized basis and a yield of 4.35%. The ex-dividend date of this dividend is Wednesday, January 9th. View Verizon Communications' Dividend History.

How will Verizon Communications' stock buyback program work?

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

How were Verizon Communications' earnings last quarter?

Verizon Communications Inc. (NYSE:VZ) announced its quarterly earnings results on Tuesday, January, 29th. The cell phone carrier reported $1.12 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.09 by $0.03. The cell phone carrier earned $34.28 billion during the quarter, compared to analyst estimates of $34.45 billion. Verizon Communications had a net margin of 11.87% and a return on equity of 35.96%. The company's quarterly revenue was up 1.0% on a year-over-year basis. During the same period last year, the company posted $0.86 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, April 23rd 2019. View Earnings Estimates for Verizon Communications.

What price target have analysts set for VZ?

17 Wall Street analysts have issued 1-year target prices for Verizon Communications' shares. Their predictions range from $49.00 to $62.00. On average, they anticipate Verizon Communications' share price to reach $55.5636 in the next twelve months. This suggests a possible upside of 0.2% from the stock's current price. View Analyst Price Targets for Verizon Communications.

What is the consensus analysts' recommendation for Verizon Communications?

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Verizon Communications in the last year. There are currently 8 hold ratings and 9 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?

News articles about VZ stock have been trending somewhat positive on Wednesday, InfoTrie Sentiment reports. The research group ranks the sentiment of media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Verizon Communications earned a news impact score of 1.4 on InfoTrie's scale. They also gave news headlines about the cell phone carrier a news buzz of 4.0 out of 10, meaning that recent media coverage is somewhat unlikely to have an effect on the company's share price in the next few days.

Are investors shorting Verizon Communications?

Verizon Communications saw a decline in short interest in January. As of January 31st, there was short interest totalling 30,669,988 shares, a decline of 18.4% from the January 15th total of 37,595,889 shares. Based on an average daily trading volume, of 20,429,382 shares, the short-interest ratio is presently 1.5 days. Approximately 0.7% of the company's stock are short sold. 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 54)
  • Mr. Matthew D. Ellis, Exec. VP & CFO (Age 48)
  • Mr. Kyle J. Malady, Exec. VP & CTO
  • Mr. Marc Christopher Reed, Exec. VP & Chief Admin. Officer (Age 60)
  • Mr. Brady Connor, Sr. VP of Investor Relations

Who are Verizon Communications' major shareholders?

Verizon Communications' stock is owned by many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (7.26%), Bank of New York Mellon Corp (1.39%), Geode Capital Management LLC (1.32%), Northern Trust Corp (1.25%), Oregon Public Employees Retirement Fund (1.24%) and Legal & General Group Plc (0.56%). 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 major investors are selling Verizon Communications stock?

VZ stock was sold by a variety of institutional investors in the last quarter, including Canada Pension Plan Investment Board, MERIAN GLOBAL INVESTORS UK Ltd, Massachusetts Financial Services Co. MA, DNB Asset Management AS, American International Group Inc., Nordea Investment Management AB, Millennium Management LLC and Bessemer Group Inc.. View Insider Buying and Selling for Verizon Communications.

Which major investors are buying Verizon Communications stock?

VZ stock was bought by a variety of institutional investors in the last quarter, including Oregon Public Employees Retirement Fund, BlackRock Inc., APG Asset Management N.V., Geode Capital Management LLC, CI Investments Inc., Sanders Capital LLC, Northern Trust Corp and Acadian Asset Management LLC. 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 $55.44.

How big of a company is Verizon Communications?

Verizon Communications has a market capitalization of $228.85 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 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:  924 (Vote Outperform)
Underperform Votes:  1,076 (Vote Underperform)
Total Votes:  2,000
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 2/20/2019 by MarketBeat.com Staff

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