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

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

Verizon Communications declared a quarterly dividend on Friday, December 6th. Stockholders of record on Friday, January 10th will be given a dividend of $0.615 per share on Monday, February 3rd. This represents a $2.46 annualized dividend and a dividend yield of 4.06%. The ex-dividend date of this dividend is Thursday, January 9th. View Verizon Communications' Dividend History.

Verizon Communications Inc. (NYSE:VZ) released its quarterly earnings data on Friday, October, 25th. The cell phone carrier reported $1.25 EPS for the quarter, beating the consensus estimate of $1.24 by $0.01. The cell phone carrier had revenue of $32.89 billion for the quarter, compared to the consensus estimate of $32.74 billion. Verizon Communications had a return on equity of 34.50% and a net margin of 12.26%. The company's quarterly revenue was up .9% on a year-over-year basis. During the same period in the previous year, the company earned $1.22 EPS. View Verizon Communications' Earnings History.

Verizon Communications is scheduled to release their next quarterly earnings announcement on Thursday, January 30th 2020. View Earnings Estimates for Verizon Communications.

Verizon Communications will be holding an earnings conference call on Thursday, January 30th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

15 analysts have issued 1-year target prices for Verizon Communications' shares. Their forecasts range from $57.00 to $70.00. On average, they expect Verizon Communications' stock price to reach $63.52 in the next year. This suggests a possible upside of 4.9% from the stock's current price. View Analyst Price Targets for Verizon Communications.

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Verizon Communications in the last year. There are currently 9 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Verizon Communications.

Headlines about VZ stock have trended negative recently, according to InfoTrie. InfoTrie identifies negative and positive press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded 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 -2.8 on InfoTrie's scale. They also gave press coverage about the cell phone carrier a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View News Stories for Verizon Communications.

Verizon Communications saw a increase in short interest during the month of December. As of December 31st, there was short interest totalling 38,660,000 shares, an increase of 6.2% from the December 15th total of 36,400,000 shares. Based on an average daily trading volume, of 11,410,000 shares, the short-interest ratio is currently 3.4 days. Currently, 0.9% of the company's stock are short sold. View Verizon Communications' Current Options Chain.

Some companies that are related to Verizon Communications include AT&T (T), Centurylink (CTL), ATN International (ATNI), Cincinnati Bell (CBB), Consolidated Communications (CNSL), IDT (IDT) and Frontier Communications (FTR).

Based on aggregate information from My MarketBeat watchlists, some companies that other Verizon Communications investors own include AT&T (T), NVIDIA (NVDA), General Electric (GE), Alibaba Group (BABA), JPMorgan Chase & Co. (JPM), Bank of America (BAC), AbbVie (ABBV), Wells Fargo & Co (WFC), Ford Motor (F) and Altria Group (MO).

Verizon Communications' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Hexavest Inc. (0.07%), Strs Ohio (0.06%), PGGM Investments (0.06%), Hamlin Capital Management LLC (0.04%), Gateway Investment Advisers LLC (0.04%) and Janney Montgomery Scott LLC (0.04%). Company insiders that own Verizon Communications stock include Anthony T Skiadas, Craig L Silliman, Lowell C Mcadam and Tami A Erwin. View Institutional Ownership Trends for Verizon Communications.

VZ stock was sold by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., PGGM Investments, Artemis Investment Management LLP, Commerzbank Aktiengesellschaft FI, Zurcher Kantonalbank Zurich Cantonalbank, DNB Asset Management AS, Meag Munich Ergo Kapitalanlagegesellschaft MBH and Strs Ohio. Company insiders that have sold Verizon Communications company stock in the last year include Anthony T Skiadas, Craig L Silliman, Lowell C Mcadam and Tami A Erwin. View Insider Buying and Selling for Verizon Communications.

VZ stock was purchased by a variety of institutional investors in the last quarter, including Johanson Financial Advisors Inc., Stack Financial Management Inc, J.W. Cole Advisors Inc., Ironvine Capital Partners LLC, Ironvine Capital Partners LLC, WealthBridge Investment Counsel Inc., Corbenic Partners LLC and Candriam Luxembourg S.C.A.. View Insider Buying and Selling for 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, Robinhood, Fidelity and Charles Schwab.

One share of VZ stock can currently be purchased for approximately $60.56.

Verizon Communications has a market capitalization of $250.46 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 144,500 workers across the globe.View Additional Information About Verizon Communications.

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

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]