Verizon Communications Stock Forecast, Price & News

Verizon Communications (NYSE:VZ) Frequently Asked Questions

Is Verizon Communications a buy right now?

18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Verizon Communications in the last twelve months. There are currently 1 sell rating, 12 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" Verizon Communications stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in VZ, but not buy additional shares or sell existing shares.
View analyst ratings for Verizon Communications or view top-rated stocks.

How has Verizon Communications' stock price been impacted by COVID-19 (Coronavirus)?

Verizon Communications' stock was trading at $54.83 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, VZ stock has decreased by 6.2% and is now trading at $51.44.
View which stocks have been most impacted by COVID-19.

Are investors shorting Verizon Communications?

Verizon Communications saw a increase in short interest in December. As of December 15th, there was short interest totaling 66,730,000 shares, an increase of 27.9% from the November 30th total of 52,170,000 shares. Based on an average daily trading volume, of 21,450,000 shares, the days-to-cover ratio is presently 3.1 days.
View Verizon Communications' Short Interest.

When is Verizon Communications' next earnings date?

Verizon Communications is scheduled to release its next quarterly earnings announcement on Wednesday, April 20th 2022.
View our earnings forecast for Verizon Communications.

How were Verizon Communications' earnings last quarter?

Verizon Communications Inc. (NYSE:VZ) issued its quarterly earnings results on Tuesday, January, 25th. The cell phone carrier reported $1.31 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $1.28 by $0.03. The cell phone carrier had revenue of $34.10 billion for the quarter, compared to analyst estimates of $33.98 billion. Verizon Communications had a net margin of 16.42% and a trailing twelve-month return on equity of 29.72%. Verizon Communications's quarterly revenue was up 1.8% on a year-over-year basis. During the same quarter last year, the firm earned $1.21 earnings per share.
View Verizon Communications' earnings history.

How often does Verizon Communications pay dividends? What is the dividend yield for Verizon Communications?

Verizon Communications declared a quarterly dividend on Friday, December 3rd. Shareholders of record on Monday, January 10th will be given a dividend of $0.64 per share on Tuesday, February 1st. This represents a $2.56 annualized dividend and a dividend yield of 4.98%. The ex-dividend date is Friday, January 7th.
View Verizon Communications' dividend history.

Is Verizon Communications a good dividend stock?

Verizon Communications pays an annual dividend of $2.56 per share and currently has a dividend yield of 4.84%. VZ has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Verizon Communications has been increasing its dividend for 18 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of Verizon Communications is 48.03%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Verizon Communications will have a dividend payout ratio of 47.50% next year. This indicates that Verizon Communications will be able to sustain or increase its dividend.
View Verizon Communications' dividend history.

How will Verizon Communications' stock buyback program work?

Verizon Communications declared that its board has initiated a share repurchase program on Thursday, February 6th 2020, which authorizes the company to repurchase 100,000,000 outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to purchase shares of its stock through open market purchases. Shares repurchase programs are generally an indication that the company's board of directors believes its shares are undervalued.

What guidance has Verizon Communications issued on next quarter's earnings?

Verizon Communications issued an update on its FY22 earnings guidance on Tuesday, January, 25th. The company provided earnings per share guidance of $5.40-5.55 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $5.39.

What price target have analysts set for VZ?

18 analysts have issued 1-year price objectives for Verizon Communications' stock. Their forecasts range from $50.00 to $71.00. On average, they expect Verizon Communications' stock price to reach $59.40 in the next twelve months. This suggests a possible upside of 15.5% from the stock's current price.
View analysts' price targets for Verizon Communications or view top-rated stocks among Wall Street analysts.

Who are Verizon Communications' key executives?

Verizon Communications' management team includes the following people:

• Hans Erik Vestberg, Chairman & Chief Executive Officer
• Manon Brouillette, COO & Deputy CEO-Verizon Consumer Group
• Matthew D. Ellis, Chief Financial Officer & Executive Vice President
• Tony Wells, Chief Media Officer & Senior Vice President
• Kyle J. Malady, Chief Technology Officer & Executive VP

What is Hans Vestberg's approval rating as Verizon Communications' CEO?

1,639 employees have rated Verizon Communications CEO Hans Vestberg on Glassdoor.com. Hans Vestberg has an approval rating of 83% among Verizon Communications' employees.

Who are some of Verizon Communications' key competitors?

Some companies that are related to Verizon Communications include AT&T (T), Lumen Technologies (LUMN), IDT (IDT), Consolidated Communications (CNSL) and ATN International (ATNI).
View all of VZ's competitors.

What other stocks do shareholders of Verizon Communications own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Verizon Communications investors own include AT&T (T), Johnson & Johnson (JNJ), Cisco Systems (CSCO), Intel (INTC), Pfizer (PFE), Walt Disney (DIS), NVIDIA (NVDA), JPMorgan Chase & Co. (JPM), AbbVie (ABBV) and Home Depot (HD).

What is Verizon Communications' stock symbol?

Verizon Communications trades on the New York Stock Exchange (NYSE) under the ticker symbol "VZ."

Who are Verizon Communications' major shareholders?

Verizon Communications' stock is owned by a number of institutional and retail investors. Top institutional investors include Nordea Investment Management AB (0.33%), New York State Teachers Retirement System (0.12%), Russell Investments Group Ltd. (0.08%), Royal London Asset Management Ltd. (0.06%), Strs Ohio (0.05%) and Retirement Systems of Alabama (0.05%). Company insiders that own Verizon Communications stock include Anthony T Skiadas, Craig L Silliman, Craig L Silliman, Kumara Guru Gowrappan and Tami A Erwin.
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 Russell Investments Group Ltd., John G Ullman & Associates Inc., Abner Herrman & Brock LLC, Moody National Bank Trust Division, Gulf International Bank UK Ltd, Chesley Taft & Associates LLC, Strs Ohio, and Carnegie Capital Asset Management LLC. Company insiders that have sold Verizon Communications company stock in the last year include Craig L Silliman, Kumara Guru Gowrappan, and Tami A Erwin.
View insider buying and selling activity for Verizon Communications or view top insider-selling stocks.

Which major investors are buying Verizon Communications stock?

VZ stock was bought by a variety of institutional investors in the last quarter, including Nordea Investment Management AB, NN Investment Partners Holdings N.V., National Bank of Canada FI, Brown Advisory Inc., Gateway Investment Advisers LLC, M&G Investment Management Ltd., Dixon Hubard Feinour & Brown Inc. VA, and AE Wealth Management LLC.
View insider buying and selling activity for Verizon Communications or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Verizon Communications' stock price today?

One share of VZ stock can currently be purchased for approximately $51.44.

How much money does Verizon Communications make?

Verizon Communications has a market capitalization of $215.93 billion and generates $128.29 billion in revenue each year. The cell phone carrier earns $17.80 billion in net income (profit) each year or $5.33 on an earnings per share basis.

How many employees does Verizon Communications have?

Verizon Communications employs 132,200 workers across the globe.

Does Verizon Communications have any subsidiaries?

The following companies are subsidiares of Verizon Communications: AOL, AirTouch Cellular Inc., Alltel, Alltel Corporation, BAMS Communications LLC, Bell Atlantic Mobile Systems LLC, Blue Jeans Network, BlueJeans Network, Bluegrass Cellular, Cellco Partnership(d/b/a Verizon Wireless), CloudSwitch, Complex, EdgeCast Networks, FleetMatics, GTE, GTE LLC, GTE Wireless LLC, Hughes Telematics, Inceptor, Incubed IT, Jaunt, LQD WiFi, MCI Communications, MCI Communications Services LLC, MCI International LLC, Moment, Niddel, ProtectWise, Qwest Wireless Spectrum (Network Assets), Senion, Sensity Systems, Skyward, SocialRadar, Straight Path Communications, Telogis, Terremark Worldwide, TracFone Wireless, UpLynk, Verizon Americas LLC, Verizon Avenue, Verizon Business Global LLC, Verizon Business Network Services LLC, Verizon Delaware LLC, Verizon International Business Ventures Inc., Verizon International Inc., Verizon Maryland LLC, Verizon New England Inc., Verizon New Jersey Inc., Verizon New York Inc., Verizon Pennsylvania LLC, Verizon Ventures LLC, Verizon Virginia LLC, Vessel, Vidder, Volicon, WideOpenWest - Fiber-Optic Network, XO Communications, Yahoo!, and go90.

When was Verizon Communications founded?

Verizon Communications was founded in 1983.

What is Verizon Communications' official website?

The official website for Verizon Communications is www.verizon.com.

Where are Verizon Communications' headquarters?

Verizon Communications is headquartered at 1095 AVENUE OF THE AMERICAS, NEW YORK NY, 10036.

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, via email at [email protected], or via fax at 212-571-1897.