About Verizon Communications (NYSE:VZ)
Verizon 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
Industry TELECOMM SVCS
Sub-IndustryIntegrated Telecommunication Services
SectorComputer and Technology
Trailing P/E Ratio6.28940217391304
Forward P/E Ratio10.17
Sales & Book Value
Annual Sales$126.03 billion
Price / Sales1.52
Cash Flow$7.81 per share
Price / Cash5.93
Book Value$10.95 per share
Price / Book4.23
Net Income$30.10 billion
Return on Equity48.97%
Return on Assets6.05%
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 announced a quarterly dividend on Tuesday, March 6th. Investors of record on Tuesday, April 10th will be given a dividend of $0.59 per share on Tuesday, May 1st. This represents a $2.36 annualized dividend and a yield of 5.10%. The ex-dividend date is Monday, April 9th. View Verizon Communications' Dividend History.
How will Verizon Communications' stock buyback program work?
Verizon Communications declared that its Board of Directors has initiated a share buyback plan on Saturday, April 8th 2017, which permits the company to buyback 100,000,000 outstanding shares, according to EventVestor. This buyback authorization permits the company to purchase shares of its stock through open market purchases. Shares buyback plans are usually a sign that the company's leadership believes its shares are undervalued.
How were Verizon Communications' earnings last quarter?
Verizon Communications Inc. (NYSE:VZ) announced its quarterly earnings data on Tuesday, January, 23rd. The cell phone carrier reported $0.86 earnings per share for the quarter, missing the consensus estimate of $0.88 by $0.02. The cell phone carrier had revenue of $33.96 billion for the quarter, compared to analysts' expectations of $33.20 billion. Verizon Communications had a net margin of 23.88% and a return on equity of 48.97%. Verizon Communications's quarterly revenue was up 2.2% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.86 EPS. View Verizon Communications' Earnings History.
When will Verizon Communications make its next earnings announcement?
Where is Verizon Communications' stock going? Where will Verizon Communications' stock price be in 2018?
22 equities research analysts have issued 12 month price objectives for Verizon Communications' shares. Their predictions range from $42.80 to $63.00. On average, they anticipate Verizon Communications' share price to reach $53.52 in the next year. View Analyst Ratings for Verizon Communications.
What are Wall Street analysts saying about Verizon Communications stock?
Here are some recent quotes from research analysts about Verizon Communications stock:
- 1. According to Zacks Investment Research, "Verizon’s unlimited data plans have heated up the wireless industry and helped it witness the addition of 1.174 million postpaid customers in fourth-quarter 2017. The telco’s plan to launch 5G wireless broadband services in U.S. markets in 2018 looks good. Further, the company is planning to launch a theme-based online streaming TV service in 2018, backed by the digital streaming deal with the National Football League. Meanwhile, the company continues to target the SMB segment with Fios TV services and boost its fiber network assets with new buyouts. The company expects growth in 2018 on the back of the expected savings from tax reform. In fact, in the past three months, the stock price outperformed its industry. However, Verizon continues to struggle in a highly competitive and saturated wireless market. Losses in wireline access lines, marketing costs of promotional plans, competitive video market are other major risks." (3/12/2018)
- 2. 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)
Are investors shorting Verizon Communications?
Verizon Communications saw a increase in short interest in February. As of February 28th, there was short interest totalling 46,356,655 shares, an increase of 26.7% from the February 15th total of 36,591,989 shares. Based on an average daily trading volume, of 21,037,714 shares, the days-to-cover ratio is currently 2.2 days. Approximately 1.1% of the company's shares are short sold.
Who are some of Verizon Communications' key competitors?
Some companies that are related to Verizon Communications include AT&T (T), China Mobile (CHL), NTT Docomo (DCM), Softbank Corp. (Japan) (SFTBY), Vodafone Group (VOD), America Movil SAB de CV (AMX), T-Mobile US (TMUS), Orange (ORAN), China Unicom (Hong Kong) (CHU), Sprint (S), Telia (TLSNY), Centurylink (CTL), SK Telecom (SKM), Liberty Sirius XM Group (LSXMA), MTS (MBT), TIM Brasil (TSU), Liberty Sirius XM Group (LSXMK) and Turkcell Iletisim Hizmetleri A.S. (TKC).
Who are Verizon Communications' key executives?
Verizon Communications' management team includes the folowing people:
- Matthew D. Ellis, Chief Financial Officer, Executive Vice President (Age 45)
- Marc C. Reed, Executive Vice President, Chief Administrative Officer (Age 58)
- Diego Scotti, Executive Vice President, Chief Marketing Officer (Age 44)
- Roger Gurnani, Executive Vice President, Chief Information and Technology Architect (Age 56)
- Rima Qureshi, Executive Vice President, Chief Strategy Officer (Age 52)
- Craig L. Silliman, Executive Vice President – Public Policy and General Counsel (Age 49)
- John G. Stratton, Executive Vice President, President - Operations (Age 55)
- Anthony T. Skiadas, Senior Vice President, Controller (Age 48)
- Andrew McKechnie, Chief Creative Officer
- Martha Frances Keeth, Lead Independent Director (Age 70)
Has Verizon Communications been receiving favorable news coverage?
Headlines about VZ stock have been trending somewhat positive on Saturday, according to Accern Sentiment. The research firm rates the sentiment of media coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Verizon Communications earned a daily sentiment score of 0.10 on Accern's scale. They also gave news coverage about the cell phone carrier an impact score of 44.98 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company's share price in the near future.
Who are Verizon Communications' major shareholders?
Verizon Communications' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (6.52%), Bank of New York Mellon Corp (1.20%), Geode Capital Management LLC (1.01%), Barrow Hanley Mewhinney & Strauss LLC (0.62%), Franklin Resources Inc. (0.54%) and Schwab Charles Investment Management Inc. (0.52%). 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 Credit Agricole S A, Barrow Hanley Mewhinney & Strauss LLC, PGGM Investments, USS Investment Management Ltd, American Century Companies Inc., TIAA CREF Investment Management LLC, Levin Capital Strategies L.P. and Metropolitan Life Insurance Co. NY. Company insiders that have sold Verizon Communications company stock in the last year include Anthony T Skiadas, Craig L Silliman and Marni M Walden. View Insider Buying and Selling for Verizon Communications.
Which institutional investors are buying Verizon Communications stock?
VZ stock was purchased by a variety of institutional investors in the last quarter, including Mackenzie Financial Corp, Boston Partners, Bank of New York Mellon Corp, Amundi Pioneer Asset Management Inc., Brandywine Global Investment Management LLC, BlackRock Inc., American International Group Inc. and Miller Howard Investments Inc. NY. 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 $46.29.
How big of a company is Verizon Communications?
Verizon Communications has a market capitalization of $193.52 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 $7.36 on an earnings per share basis. Verizon Communications employs 155,400 workers across the globe.
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 (VZ)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.
Verizon Communications (NYSE:VZ) Analysts' Consensus Rating (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Today||30 Days Ago||90 Days Ago||180 Days Ago|
|Consensus Rating: ||Hold||Hold||Hold||Hold|
|Consensus Rating Score: ||2.39||2.32||2.28||2.17|
|Ratings Breakdown: ||0 Sell Rating(s)|
14 Hold Rating(s)
9 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
15 Hold Rating(s)
7 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
18 Hold Rating(s)
7 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
19 Hold Rating(s)
4 Buy Rating(s)
0 Strong Buy Rating(s)
|Consensus Price Target: ||$53.52||$53.24||$51.59||$52.74|
|Price Target Upside: ||15.61% upside||0.01% upside||2.46% downside||9.68% upside|
Verizon Communications (NYSE:VZ) Consensus Price Target History
Verizon Communications (NYSE:VZ) Analyst Ratings History
(Data available from 3/24/2016 forward)
Verizon Communications (NYSE:VZ) Earnings History and Estimates Chart
Verizon Communications (NYSE VZ) Earnings History by Quarter
(Earnings results data provided by Zacks Investment Research)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|1/23/2018||Q4 2017||$0.88||$0.86||$33.20 billion||$33.96 billion||View||Listen|
|10/19/2017||Q3 2017||$0.98||$0.98||$31.45 billion||$31.70 billion||View||N/A|
|7/27/2017||Q2 2017||$0.96||$0.96||$29.84 billion||$30.55 billion||View||N/A|
|4/20/2017||Q1 2017||$0.98||$0.95||$30.41 billion||$29.81 billion||View||N/A|
|1/24/2017||Q416||$0.89||$0.86||$32.12 billion||$32.30 billion||View||Listen|
|10/20/2016||Q316||$0.99||$1.01||$31.08 billion||$30.90 billion||View||Listen|
|7/26/2016||Q216||$0.92||$0.94||$30.95 billion||$30.53 billion||View||Listen|
|4/21/2016||Q116||$1.06||$1.06||$32.49 billion||$32.20 billion||View||Listen|
|1/21/2016||Q415||$0.88||$0.89||$34.06 billion||$34.30 billion||View||Listen|
|10/20/2015||Q315||$1.02||$1.04||$32.94 billion||$33.20 billion||View||Listen|
|7/21/2015||Q215||$1.01||$1.04||$32.45 billion||$32.22 billion||View||Listen|
|4/21/2015||Q115||$0.95||$1.02||$32.30 billion||$31.98 billion||View||Listen|
|1/22/2015||Q414||$0.73||$0.71||$32.67 billion||$33.19 billion||View||Listen|
|10/21/2014||Q314||$0.92||$0.89||$31.57 billion||$31.60 billion||View||Listen|
|7/22/2014||Q214||$0.90||$0.91||$31.10 billion||$31.50 billion||View||Listen|
|4/24/2014||Q114||$0.87||$0.84||$30.70 billion||$31.82 billion||View||Listen|
|1/21/2014||Q4||$0.65||$0.66||$31.02 billion||$31.07 billion||View||Listen|
|10/17/2013||Q313||$0.75||$0.77||$30.17 billion||$30.28 billion||View||Listen|
|7/18/2013||Q2 2013||$0.73||$0.73||$29.83 billion||$27.79 billion||View||Listen|
|4/18/2013||Q1 2013||$0.65||$0.68||$29.56 billion||$29.40 billion||View||Listen|
|1/22/2013||Q4 2012||$0.52||$0.38||$29.75 billion||$30.05 billion||View||N/A|
Verizon Communications (NYSE:VZ) Earnings Estimates
2018 EPS Consensus Estimate: $4.56
2019 EPS Consensus Estimate: $4.50
(Earnings estimates data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Verizon Communications (NYSE:VZ) Dividend Information
|Dividend Growth:||2.80% (3 Year Average)|
|Payout Ratio:||32.07% (Trailing 12 Months of Earnings) |
51.87% (Based on This Year's Estimates)
50.64% (Based on Next Year's Estimates)
|Track Record:||11 Years of Consecutive Dividend Growth|
Verizon Communications (NYSE:VZ) Dividend History by Quarter
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Verizon Communications (NYSE VZ) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 0.13%
Institutional Ownership Percentage: 63.98%
Verizon Communications (NYSE VZ) Insider Trades by Quarter
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Shares Held After Transaction||Details|
|2/13/2018||Anthony T Skiadas||SVP||Sell||6,967||$49.80||$346,956.60||16,059|| |
|11/27/2017||Craig L Silliman||EVP||Sell||610||$47.41||$28,920.10||3,269|| |
|10/27/2017||Craig L Silliman||EVP||Sell||610||$48.62||$29,658.20||5,989|| |
|9/27/2017||Craig L Silliman||EVP||Sell||610||$49.23||$30,030.30||6,599|| |
|8/28/2017||Craig L Silliman||EVP||Sell||610||$48.65||$29,676.50||7,209|| |
|7/28/2017||Craig L Silliman||EVP||Sell||610||$47.74||$29,121.40||7,819|| |
|6/27/2017||Craig L Silliman||EVP||Sell||610||$45.00||$27,450.00||8,429|| |
|5/30/2017||Craig L Silliman||EVP||Sell||610||$45.34||$27,657.40||9,039|| |
|5/1/2017||Marni M Walden||EVP||Sell||16,362||$46.08||$753,960.96||11,797|| |
|4/27/2017||Craig L Silliman||EVP||Sell||610||$47.36||$28,889.60||9,649|| |
|3/27/2017||Craig L Silliman||EVP||Sell||610||$49.66||$30,292.60||10,259|| |
|2/27/2017||Marni M Walden||EVP||Sell||32,254||$49.92||$1,610,119.68||28,159|| |
|2/23/2017||Roger Gurnani||EVP||Sell||10,804||$50.29||$543,333.16||63,734|| |
|2/14/2017||Anthony T Skiadas||SVP||Sell||12,495||$48.27||$603,133.65||16,058|| |
|11/22/2016||Craig L Silliman||EVP||Sell||668||$49.29||$32,925.72||6,047|| |
|10/26/2016||Craig L Silliman||EVP||Sell||672||$47.76||$32,094.72||9,182|| |
|9/26/2016||Craig L Silliman||EVP||Sell||672||$52.40||$35,212.80||9,854|| |
|8/26/2016||Craig L Silliman||EVP||Sell||672||$52.76||$35,454.72||10,526|| |
|7/27/2016||Craig L Silliman||EVP||Sell||672||$54.81||$36,832.32||11,198|| |
|6/24/2016||Craig L Silliman||EVP||Sell||672||$54.56||$36,664.32||11,870|| |
|5/26/2016||Craig L Silliman||EVP||Sell||672||$49.80||$33,465.60||12,542|| |
|4/26/2016||Craig L Silliman||EVP||Sell||672||$51.00||$34,272.00||13,214|| |
|3/28/2016||Craig L Silliman||EVP||Sell||672||$53.57||$35,999.04||13,886|| |
|2/26/2016||Craig L Silliman||EVP||Sell||672||$51.13||$34,359.36||14,558|| |
|2/24/2016||Diego Scotti||CMO||Buy||800||$50.75||$40,600.00||800|| |
|4/29/2015||Daniel S Mead||EVP||Sell||24,945||$50.45||$1,258,475.25|| |
|2/17/2015||Anthony T Skiadas||SVP||Sell||2,708||$49.02||$132,746.16|| |
|2/12/2015||Daniel S Mead||CEO||Sell||24,898||$49.70||$1,237,430.60|| |
|9/22/2014||Randal S Milch||EVP||Sell||2,791||$50.10||$139,829.10|| |
|8/22/2014||Randal S Milch||EVP||Sell||2,966||$48.92||$145,096.72|| |
|7/23/2014||Randal S Milch||EVP||Sell||2,966||$51.00||$151,266.00|| |
|6/23/2014||Randal S Milch||EVP||Sell||2,966||$49.39||$146,490.74|| |
|5/23/2014||Randal S Milch||EVP||Sell||2,965||$49.42||$146,530.30|| |
|4/25/2014||Randal Milch||EVP||Sell||2,822||$46.10||$130,094.20||20,863|| |
|3/24/2014||Randal Milch||EVP||Sell||2,823||$46.70||$131,834.10||23,685|| |
|2/25/2014||Marni Walden||EVP||Sell||8,048||$46.31||$372,702.88||8,230|| |
|2/24/2014||Randal Milch||EVP||Sell||2,823||$47.06||$132,850.38||26,508|| |
|1/22/2014||Randal Milch||EVP||Sell||2,823||$47.47||$134,007.81||11,850|| |
|11/18/2013||Randal Milch||EVP||Sell||2,823||$50.35||$142,138.05||17,496|| |
|11/11/2013||Hugh Price||Director||Sell||7,798||$49.90||$389,120.20||58|| |
Verizon Communications (NYSE VZ) News Headlines
Verizon Communications (NYSE:VZ) SEC Filings
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Verizon Communications (NYSE:VZ) Income Statement, Balance Sheet and Cash Flow Statement
Verizon Communications (NYSE VZ) Stock Chart for Saturday, March, 24, 2018