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 dividend on an annualized basis and a dividend yield of 4.05%. The ex-dividend date of this dividend is Thursday, January 9th. View Verizon Communications' Dividend History.

Verizon Communications Inc. (NYSE:VZ) posted its earnings results on Friday, October, 25th. The cell phone carrier reported $1.25 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $1.24 by $0.01. The cell phone carrier earned $32.89 billion during 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 firm's revenue was up .9% on a year-over-year basis. During the same quarter in the previous year, the firm 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 equities research analysts have issued 1-year price targets for Verizon Communications' stock. Their forecasts range from $57.00 to $70.00. On average, they anticipate Verizon Communications' share price to reach $63.52 in the next year. This suggests a possible upside of 4.6% 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 been trending somewhat positive on Tuesday, according to InfoTrie Sentiment Analysis. InfoTrie scores the sentiment of media coverage by reviewing 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 0.8 on InfoTrie's scale. They also assigned news headlines about the cell phone carrier a news buzz of 3.0 out of 10, indicating that recent media coverage is unlikely to have an effect on the stock's share price in the immediate future. View News Stories for Verizon Communications.

Verizon Communications saw a increase in short interest in 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 trading volume of 11,410,000 shares, the days-to-cover ratio is currently 3.4 days. Approximately 0.9% of the shares of the company are sold short. 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), Altria Group (MO) and Ford Motor (F).

Verizon Communications' stock is owned by many different of institutional and retail investors. Top institutional investors include California Public Employees Retirement System (0.50%), New York State Teachers Retirement System (0.15%), Retirement Systems of Alabama (0.09%), Hexavest Inc. (0.07%), Strs Ohio (0.06%) and PGGM Investments (0.06%). 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, State of Michigan Retirement System and Meag Munich Ergo Kapitalanlagegesellschaft MBH. 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 bought by a variety of institutional investors in the last quarter, including California Public Employees Retirement System, Johanson Financial Advisors Inc., M&G Investment Management Ltd., Virginia Retirement Systems ET AL, Stack Financial Management Inc, J.W. Cole Advisors Inc., First American Bank and Ironvine Capital Partners LLC. 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 $60.70.

Verizon Communications has a market capitalization of $251.04 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]