NYSE:VZ

Verizon Communications Stock Forecast, Price & News

$51.64

+0.89 (+1.75%)

(As of 07/1/2022 12:00 AM ET)

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Today's Range: $50.58
▼
$51.77
50-Day Range: $46.23
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$52.09
52-Week Range: $45.55
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$56.85

Volume: 13.96 million shs
Average Volume: 23.80 million shs
Market Capitalization: $216.87 billion

P/E Ratio: 10.03
Dividend Yield: 5.04%
Price Target: $57.14

Verizon Communications Stock Forecast (MarketRank)

Analyst Rating: Hold
2.13 Rating Score
Upside/Downside: 10.7% Upside
$57.14 Price Target
Short Interest: Healthy
0.85% of Float Sold Short
Dividend Strength: Strong
Based on Four Factors
Sustainability: -0.95
Upright™ Environmental Score
News Sentiment: 0.71
Based on 16 Articles This Week
Insider Trading: Selling Shares
$1.42 M Sold Last Quarter
Proj. Earnings Growth: 3.90%
From $5.39 to $5.60 Per Share

Overall MarketRank^™

MarketRank is calculated as 30% analysis score, 20% valuation score, 10% short interest score, 10% dividend score, 10% sustainability score, 10% news and social score, and 10% insider trading score.

2.73 out of 5 stars

Computer And Technology Sector

26th out of 937 stocks

Telephone Communication, Except Radio Industry

2nd out of 46 stocks

3.1 Analyst's Opinion

Consensus Rating
Verizon Communications has received a consensus rating of Hold. The company's average rating score is 2.13, and is based on 3 buy ratings, 11 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $57.14, Verizon Communications has a forecasted upside of 10.7% from its current price of $51.64.
Amount of Analyst Coverage
Verizon Communications has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

4.0 Short Interest

Percentage of Shares Shorted
0.85% of the float of Verizon Communications has been sold short.
Short Interest Ratio / Days to Cover
Verizon Communications has a short interest ratio ("days to cover") of 1.5, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Verizon Communications has recently decreased by 3.55%, indicating that investor sentiment is improving.

5.0 Dividend Strength

Dividend Leadership
Verizon Communications is a leading dividend payer. It pays a dividend yield of 5.04%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Verizon Communications has been increasing its dividend for 18 years.
Dividend Coverage
The dividend payout ratio of Verizon Communications is 49.71%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Verizon Communications will have a dividend payout ratio of 45.71% next year. This indicates that Verizon Communications will be able to sustain or increase its dividend.

2.7 Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Verizon Communications has received a 42.11% net impact score from Upright. Verizon Communications seems to create the most significant positive value in categories "Taxes", "Knowledge infrastructure", and "Distributing knowledge". The positive contribution in the "Knowledge infrastructure" impact category is mostly driven by its "Fixed consumer internet provision", "Mobile consumer internet provision", and "Urban area cellular networks" products. See details.
Environmental Sustainability
The Environmental Impact score for Verizon Communications is -0.95.

2.1 News and Social Media Coverage

News Sentiment
Verizon Communications has a news sentiment score of 0.71. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.57 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 16 news articles for Verizon Communications this week, compared to 16 articles on an average week.
Search Interest
Only 195 people have searched for VZ on MarketBeat in the last 30 days. This is a decrease of -19% compared to the previous 30 days.
MarketBeat Follows
Only 69 people have added Verizon Communications to their MarketBeat watchlist in the last 30 days. This is a decrease of -17% compared to the previous 30 days.

2.5 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Verizon Communications insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,415,192.00 in company stock.
Percentage Held by Insiders
Only 0.02% of the stock of Verizon Communications is held by insiders.
Percentage Held by Institutions
63.78% of the stock of Verizon Communications is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9 Earnings and Valuation

Earnings Growth
Earnings for Verizon Communications are expected to grow by 3.90% in the coming year, from $5.39 to $5.60 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Verizon Communications is 10.03, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 47.15.
Price to Earnings Ratio vs. Sector
The P/E ratio of Verizon Communications is 10.03, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 107.63.
Price to Earnings Growth Ratio
Verizon Communications has a PEG Ratio of 2.63. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Verizon Communications has a P/B Ratio of 2.61. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About Verizon Communications (NYSE:VZ)

Verizon Communications Inc., through its subsidiaries, offers communications, technology, information, and entertainment products and services to consumers, businesses, and governmental entities worldwide. Its Consumer segment provides postpaid and prepaid service plans; internet access on notebook computers and tablets; wireless equipment, including smartphones and other handsets; and wireless-enabled internet devices, such as tablets, and other wireless-enabled connected devices comprising smart watches. It also provides residential fixed connectivity solutions, such as internet, video, and voice services; and sells network access to mobile virtual network operators. As of December 31, 2021, it had approximately 115 million wireless retail connections, 7 million wireline broadband connections, and 4 million Fios video connections. The company's Business segment provides network connectivity products, including private networking, private cloud connectivity, virtual and software defined networking, and internet access services; and internet protocol-based voice and video services, unified communications and collaboration tools, and customer contact center solutions. This segment also offers a suite of management and data security services; domestic and global voice and data solutions, such as voice calling, messaging services, conferencing, contact center solutions, and private line and data access networks; customer premises equipment; installation, maintenance, and site services; and Internet of Things products and services. As of December 31, 2021, it had approximately 27 million wireless retail postpaid connections and 477 thousand wireline broadband connections. The company was formerly known as Bell Atlantic Corporation and changed its name to Verizon Communications Inc. in June 2000. Verizon Communications Inc. was incorporated 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-Industry: Integrated Telecommunication Services
Sector: Computer and Technology
Current Symbol: NYSE:VZ
CUSIP: 92343V10
CIK: 732712
Web: www.verizon.com
Phone: (212) 395-1000
Fax: 212-571-1897
Employees: 118,400
Year Founded: 1983

Company Calendar

Ex-Dividend for 5/2 Dividend: 4/07/2022
Last Earnings: 4/22/2022
Dividend Payable: 5/02/2022
Today: 7/02/2022
Ex-Dividend for 8/1 Dividend: 7/07/2022
Next Earnings (Confirmed): 7/22/2022
Dividend Payable: 8/01/2022
Fiscal Year End: 12/31/2022

Price Target and Rating

Average Stock Price Forecast: $57.14
High Stock Price Forecast: $71.00
Low Stock Price Forecast: $44.00
Forecasted Upside/Downside: +10.7%
Consensus Rating: Hold
Rating Score (0-4): 2.13333333333333
Research Coverage: 15 Analysts

Profitability

EPS (Most Recent Fiscal Year): $5.15
Trailing P/E Ratio: 10.03
Forward P/E Ratio: 9.58
P/E Growth: 2.63
Net Income: $22.07 billion
Net Margins: 15.93%
Pretax Margin: 21.17%
Return on Equity: 28.15%
Return on Assets: 6.32%

Debt

Debt-to-Equity Ratio: 1.64
Current Ratio: 0.76
Quick Ratio: 0.69

Sales & Book Value

Annual Sales: $133.61 billion
Price / Sales: 1.62
Cash Flow: $9.32 per share
Price / Cash Flow: 5.54
Book Value: $19.82 per share
Price / Book: 2.61

Miscellaneous

Outstanding Shares: 4,199,644,000
Free Float: 4,198,804,000
Market Cap: $216.87 billion
Optionable: Optionable
Beta: 0.41

Social Links

Verizon Communications Frequently Asked Questions

Should I buy or sell Verizon Communications stock right now?: 15 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Verizon Communications in the last twelve months. There are currently 1 sell rating, 11 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research 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.
What is Verizon Communications' stock price forecast for 2022?: 15 equities research analysts have issued 12 month price targets for Verizon Communications' stock. Their VZ stock forecasts range from $44.00 to $71.00. On average, they anticipate Verizon Communications' share price to reach $57.14 in the next twelve months. This suggests a possible upside of 10.7% from the stock's current price.
View analysts' price targets for Verizon Communications or view top-rated stocks among Wall Street analysts.
How has Verizon Communications' stock performed in 2022?: Verizon Communications' stock was trading at $51.96 on January 1st, 2022. Since then, VZ stock has decreased by 0.6% and is now trading at $51.64.
View the best growth stocks for 2022 here.
When is Verizon Communications' next earnings date?: Verizon Communications is scheduled to release its next quarterly earnings announcement on Friday, July 22nd 2022.
View our earnings forecast for Verizon Communications.
How can I listen to Verizon Communications' earnings call?: Verizon Communications will be holding an earnings conference call on Friday, July 22nd at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link.
How were Verizon Communications' earnings last quarter?: Verizon Communications Inc. (NYSE:VZ) issued its earnings results on Friday, April, 22nd. The cell phone carrier reported $1.35 EPS for the quarter, hitting the consensus estimate of $1.35. The cell phone carrier earned $33.60 billion during the quarter, compared to analyst estimates of $33.61 billion. Verizon Communications had a net margin of 15.93% and a trailing twelve-month return on equity of 28.15%. The company's quarterly revenue was up 2.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.31 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 Tuesday, May 31st. Stockholders of record on Friday, July 8th will be paid a dividend of $0.64 per share on Monday, August 1st. This represents a $2.56 annualized dividend and a yield of 4.96%. The ex-dividend date is Thursday, July 7th.
View Verizon Communications' dividend history.
Is Verizon Communications a good dividend stock?: Verizon Communications(NYSE:VZ) pays an annual dividend of $2.56 per share and currently has a dividend yield of 5.04%. 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 49.71%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Verizon Communications will have a dividend payout ratio of 45.71% next year. This indicates that Verizon Communications will be able to sustain or increase its dividend.
View Verizon Communications' dividend history.
What guidance has Verizon Communications issued on next quarter's earnings?: Verizon Communications issued an update on its FY 2022 earnings guidance on Friday, April, 22nd. The company provided earnings per share (EPS) guidance of $5.400-$5.400 for the period, compared to the consensus earnings per share estimate of $5.450. The company issued revenue guidance of -.
Who are Verizon Communications' key executives?: Verizon Communications' management team includes the following people:
Mr. Hans E. Vestberg, Chairman & CEO (Age 57, Pay $5.84M) (LinkedIn Profile)
Mr. Matthew D. Ellis, Exec. VP & CFO (Age 51, Pay $2.59M)
Mr. Kyle Malady, Exec. VP, Pres of Global Networks & Technology (Age 54, Pay $2.42M)
Ms. Tamara A. Erwin, Exec. VP & CEO of Verizon Bus. (Age 57, Pay $2.34M) (LinkedIn Profile)
Mr. Craig L. Silliman, Exec. VP & Chief Admin., Legal and Public Policy Officer (Age 54) (LinkedIn Profile)
Mr. Brady Connor, Sr. VP of Investor Relations
Mr. James J. Gerace, Sr. VP & Chief Communications Officer (Age 58)
Mr. Diego Scotti, Exec. VP & Chief Marketing Officer (Age 49)
Ms. Samantha Hammock, Exec. VP & Chief HR Officer (Age 43)
Ms. Magda N. Yrizarry, Sr. VP and Chief Talent & Diversity Officer
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), Consolidated Communications (CNSL), ATN International (ATNI) and IDT (IDT).
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 variety of retail and institutional investors. Top institutional investors include Park National Corp OH (0.00%), Rempart Asset Management Inc. (0.00%), Chemung Canal Trust Co. (0.00%) and First Financial Bank Trust Division (0.00%). Company insiders that own Verizon Communications stock include Anthony T Skiadas, Craig L Silliman, Craig L Silliman, Hans Erik Vestberg, Kumara Guru Gowrappan and Tami A Erwin.
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 Park National Corp OH, Chemung Canal Trust Co., and First Financial Bank Trust Division. Company insiders that have sold Verizon Communications company stock in the last two years 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 institutional investors are buying Verizon Communications stock?: VZ stock was purchased by a variety of institutional investors in the last quarter, including Rempart Asset Management Inc..
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 $51.64.
How much money does Verizon Communications make?: Verizon Communications (NYSE:VZ) has a market capitalization of $216.87 billion and generates $133.61 billion in revenue each year. The cell phone carrier earns $22.07 billion in net income (profit) each year or $5.15 on an earnings per share basis.
How many employees does Verizon Communications have?: Verizon Communications employs 118,400 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, Blue Jeans Network, BlueJeans Network, Bluegrass Cellular, Cellco Partnership, CloudSwitch, Complex, EdgeCast Networks, FleetMatics, GTE, GTE Wireless LLC, Hughes Telematics, Inceptor, Incubed IT, Jaunt, LQD WiFi, MCI Communications, MCI Communications Services 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 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.
Read More
When was Verizon Communications founded?: Verizon Communications was founded in 1983.
How can I contact Verizon Communications?: Verizon Communications' mailing address is 1095 AVENUE OF THE AMERICAS, NEW YORK NY, 10036. The official website for Verizon Communications is www.verizon.com. 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.

This page (NYSE:VZ) was last updated on 7/2/2022 by MarketBeat.com Staff

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Verizon Communications Stock Forecast, Price & News

Verizon Communications Stock Forecast (MarketRank)

Overall MarketRank™

3.1 Analyst's Opinion

4.0 Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

5.0 Dividend Strength

2.7 Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

2.1 News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

2.5 Company Ownership

1.9 Earnings and Valuation

Receive VZ Stock News and Ratings via Email

About Verizon Communications (NYSE:VZ)

VZ Stock News Headlines

Industry, Sector and Symbol

Company Calendar

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Verizon Communications Frequently Asked Questions

Should I buy or sell Verizon Communications stock right now?

What is Verizon Communications' stock price forecast for 2022?

How has Verizon Communications' stock performed in 2022?

When is Verizon Communications' next earnings date?

How can I listen to Verizon Communications' earnings call?

How were Verizon Communications' earnings last quarter?

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

Is Verizon Communications a good dividend stock?

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

Who are Verizon Communications' key executives?

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

Who are some of Verizon Communications' key competitors?

What other stocks do shareholders of Verizon Communications own?

What is Verizon Communications' stock symbol?

Who are Verizon Communications' major shareholders?

Which institutional investors are selling Verizon Communications stock?

Which institutional investors are buying Verizon Communications stock?

How do I buy shares of Verizon Communications?

What is Verizon Communications' stock price today?

How much money does Verizon Communications make?

How many employees does Verizon Communications have?

Does Verizon Communications have any subsidiaries?

When was Verizon Communications founded?

How can I contact Verizon Communications?

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