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Analysts Conflicted on These Communication Services Names: Telstra Corporation Limited (OtherTTRAF) and Verizon (VZ)
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Verizon Communications Inc. (VZ) is Attracting Investor Attention: Here is What You Should Know
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Warren Buffett’s Secret Stock Pick? Our Top 3 Guesses
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Verizon completes final allocation of its fifth$1 billion green bond
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Exit Now! 7 Blue-Chip Stocks to Sell in February 2024
Historical Prices for Verizon
Date | Open | Close | Daily High | Daily Low |
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Price change over selected period:0%0
Verizon Analyst Data
Total Analysts: 57
Buy Ratings: 25 Neutral Ratings: 30 Sell Ratings: 2
Analyst: {{ANALYST_DATA}}
Price-Target: {{PRICE_DATA}}
Rating: {{RATING_DATA}}
Price *Price Target
Lowest: 36.00 Median: 45.63 Highest: 64.00
*The average price target includes all analyst analysis, not just the most recent analysis presented in the chart.
Verizon Analyst Opinions
- All
- Buy
- Hold
- Sell
Date | Analyst | Rating | Price | |||
---|---|---|---|---|---|---|
02/20/24 | RBC Capital Markets | Maintained Hold | $36 | neutral | ||
01/31/24 | Barclays Capital | Downgraded to Hold | $44 | neutral | ||
01/30/24 | Citigroup Corp. | Maintained Buy | $47 | gut | ||
01/26/24 | Barclays Capital | Maintained Buy | $44 | gut | ||
01/24/24 | UBS | Maintained Hold | $43 | neutral | ||
01/24/24 | Wells Fargo & Co | Maintained Hold | $44 | neutral | ||
01/24/24 | Raymond James Financial, Inc. | Maintained Buy | $46 | gut | ||
01/24/24 | Daiwa Securities | Upgraded to Buy | $47 | gut | ||
01/04/24 | Wolfe Research | Upgraded to Buy | $46 | gut | ||
12/19/23 | Oppenheimer & Co. Inc. | Maintained Buy | $43 | gut | ||
12/14/23 | Citigroup Corp. | Maintained Buy | $42 | gut | ||
12/13/23 | Wells Fargo & Co | Maintained Hold | $40 | neutral | ||
10/25/23 | Barclays Capital | Upgraded to Buy | $38 | gut | ||
08/29/23 | Citigroup Corp. | Upgraded to Buy | $40 | gut | ||
08/22/23 | Oppenheimer & Co. Inc. | Maintained Buy | $43 | gut | ||
08/03/23 | Morgan Stanley | Maintained Buy | $44 | gut | ||
07/27/23 | Citigroup Corp. | Maintained Hold | $39 | neutral | ||
07/26/23 | Goldman Sachs | Maintained Hold | $36 | neutral | ||
07/26/23 | Raymond James Financial, Inc. | Maintained Buy | $42 | gut | ||
07/20/23 | Wells Fargo & Co | Maintained Hold | $36 | neutral | ||
07/18/23 | Morgan Stanley | Maintained Buy | $44 | gut | ||
06/05/23 | HSBC | Maintained Sell | $39 | schlecht | ||
05/01/23 | RBC Capital Markets | Maintained Hold | $40 | neutral | ||
04/26/23 | Oppenheimer & Co. Inc. | Maintained Buy | $43 | gut | ||
04/06/23 | Oppenheimer & Co. Inc. | Maintained Buy | $46 | gut | ||
03/23/23 | Bank of America Merrill Lynch | Maintained Hold | $41 | neutral | ||
01/26/23 | Citigroup Corp. | Maintained Hold | $42 | neutral | ||
01/25/23 | RBC Capital Markets | Maintained Hold | $40 | neutral | ||
01/25/23 | Oppenheimer & Co. Inc. | Maintained Buy | $46 | gut | ||
01/25/23 | Cowen and Company, LLC | Maintained Buy | $49 | gut | ||
12/15/22 | Morgan Stanley | Upgraded to Buy | $44 | gut | ||
10/26/22 | Morgan Stanley | Maintained Hold | $41 | neutral | ||
10/25/22 | Citigroup Corp. | Maintained Hold | $39 | neutral | ||
10/24/22 | UBS | Maintained Hold | $37 | neutral | ||
10/24/22 | Cowen and Company, LLC | Maintained Buy | $55 | gut | ||
10/24/22 | Raymond James Financial, Inc. | Maintained Buy | $51 | gut | ||
10/24/22 | RBC Capital Markets | Maintained Hold | $42 | neutral | ||
10/24/22 | Barclays Capital | Maintained Hold | $37 | neutral | ||
10/07/22 | Wells Fargo & Co | Maintained Hold | $40 | neutral | ||
10/06/22 | Raymond James Financial, Inc. | Maintained Buy | $54 | gut | ||
10/06/22 | Oppenheimer & Co. Inc. | Upgraded to Buy | $50 | gut | ||
09/29/22 | Barclays Capital | Maintained Hold | $40 | neutral | ||
09/27/22 | Credit Suisse | Maintained Hold | $47 | neutral | ||
07/28/22 | Bank of America Merrill Lynch | Downgraded to Hold | $51 | neutral | ||
07/25/22 | RBC Capital Markets | Maintained Hold | $50 | neutral | ||
07/25/22 | Cowen and Company, LLC | Maintained Buy | $64 | gut | ||
07/25/22 | Morgan Stanley | Maintained Hold | $58 | neutral | ||
07/25/22 | Deutsche Bank | Maintained Hold | $52 | neutral | ||
07/25/22 | UBS | Maintained Hold | $47 | neutral | ||
07/25/22 | Raymond James Financial, Inc. | Maintained Buy | $55 | gut |
Verizon Estimates* in USD
2024 | 2025 | 2026 | 2027 | 2028 | |
---|---|---|---|---|---|
Revenue | 135,774 | 137,581 | 139,561 | 137,785 | 141,516 |
Dividend | 2.69 | 2.74 | 2.79 | 2.84 | 2.90 |
Dividend Yield (in %) | 6.65 % | 6.77 % | 6.88 % | 7.02 % | 7.16 % |
EPS | 4.60 | 4.70 | 4.87 | 4.88 | 4.99 |
P/E Ratio | 8.81 | 8.61 | 8.32 | 8.31 | 8.12 |
EBIT | 31,039 | 31,807 | 32,511 | 32,263 | 33,761 |
EBITDA | 48,681 | 49,599 | 50,414 | 50,364 | 52,236 |
Net Profit | 19,209 | 19,657 | 20,317 | 20,488 | 21,054 |
Net Profit Adjusted | 19,294 | 19,745 | 20,303 | 20,488 | 21,054 |
Pre-Tax Profit | 25,231 | 25,895 | 26,733 | 26,754 | 27,677 |
Net Profit (Adjusted) | 25,250 | 26,101 | 27,402 | 27,906 | 27,677 |
EPS (Non-GAAP) ex. SOE | 4.60 | 4.70 | 4.87 | 4.88 | 4.99 |
EPS (GAAP) | 4.52 | 4.63 | 4.79 | 4.77 | 4.89 |
Gross Income | 82,349 | 83,347 | 84,718 | 74,800 | 83,692 |
Cash Flow from Investing | -17,914 | -17,598 | -17,623 | -17,441 | -17,407 |
Cash Flow from Operations | 37,098 | 38,023 | 39,269 | 38,207 | 39,226 |
Cash Flow from Financing | -14,640 | -14,862 | -14,181 | -12,548 | -12,794 |
Cash Flow per Share | 8.51 | 8.68 | 8.91 | - | - |
Free Cash Flow | 18,539 | 19,157 | 19,973 | 20,018 | 21,819 |
Free Cash Flow per Share | 4.48 | 4.61 | 4.69 | 4.60 | 5.17 |
Book Value per Share | 23.92 | 26.63 | 29.17 | - | - |
Net Debt | 141,250 | 135,971 | 130,639 | 128,930 | - |
Research & Development Exp. | - | - | - | - | - |
Capital Expenditure | 17,326 | 17,383 | 17,537 | 17,335 | 17,407 |
Selling, General & Admin. Exp. | 30,198 | 30,551 | 28,871 | 30,858 | 31,456 |
Shareholder’s Equity | 102,437 | 112,054 | 121,247 | 123,071 | 124,916 |
Total Assets | 385,914 | 392,798 | 396,074 | 378,207 | 384,419 |
Previous Quarter ending 12/31/23 | Current Quarter ending 03/31/24 | Next Quarter ending 06/30/24 | Current Year ending 12/31/24 | Next Year ending 12/31/25 | |
---|---|---|---|---|---|
Earnings Estimates | |||||
No. of Analysts | 19 | 18 | 17 | 22 | 21 |
Average Estimate | 1.081 USD | 1.124 USD | 1.144 USD | 4.599 USD | 4.703 USD |
Year Ago | 1.190 USD | 1.200 USD | 1.210 USD | 4.710 USD | 4.599 USD |
Publish Date | 1/23/2024 | 4/22/2024 | 7/22/2024 | - | - |
Revenue Estimates | |||||
No. of Analysts | 16 | 15 | 14 | 23 | 22 |
Average Estimate | 34,597 USD | 33,425 USD | 33,158 USD | 135,774 USD | 137,581 USD |
Year Ago | 35,251 USD | 32,912 USD | 32,596 USD | 134,000 USD | 135,774 USD |
Publish Date | 1/23/2024 | 4/22/2024 | 7/22/2024 | - | - |
* Average Estimates in Million (e.g. Revenue) or per share (e.g. Dividend). Source: FactSet
Verizon Insider Activity
Name | Date | shares traded | shares held | Price | type (sell/buy) | option |
---|---|---|---|---|---|---|
Venkatesh Vandana | 02/13/2024 | 613.00 | 15,370.00 | 40.15 | Sell | No |
Sampath Sowmyanarayan | 02/13/2024 | 1,729.00 | 58,760.00 | 40.15 | Sell | No |
Russo Joseph J. | 02/13/2024 | 1,672.00 | 14,969.00 | 40.15 | Sell | No |
Malady Kyle | 02/13/2024 | 3,268.00 | 74,201.00 | 40.15 | Sell | No |
Stillwell Mary-Lee | 02/13/2024 | 793.00 | 8,766.00 | 40.15 | Sell | No |
Hammock Samantha | 02/13/2024 | 564.00 | 3,983.00 | 40.15 | Sell | No |
SILLIMAN CRAIG L. | 02/13/2024 | 4,613.00 | 64,588.00 | 40.15 | Sell | No |
Skiadas Anthony T | 02/13/2024 | 1,350.00 | 62,743.00 | 40.15 | Sell | No |
Vestberg Hans Erik | 02/13/2024 | 10,786.00 | 204,228.00 | 40.15 | Sell | No |
Venkatesh Vandana | 02/13/2024 | 1,545.00 | 15,983.00 | n/a | Buy | No |
Sampath Sowmyanarayan | 02/13/2024 | 5,068.00 | 60,489.00 | n/a | Buy | No |
Russo Joseph J. | 02/13/2024 | 4,639.00 | 16,641.00 | n/a | Buy | No |
Malady Kyle | 02/13/2024 | 9,503.00 | 77,469.00 | n/a | Buy | No |
Stillwell Mary-Lee | 02/13/2024 | 2,392.00 | 9,559.00 | n/a | Buy | No |
Hammock Samantha | 02/13/2024 | 1,640.00 | 4,547.00 | n/a | Buy | No |
SILLIMAN CRAIG L. | 02/13/2024 | 9,051.00 | 69,201.00 | n/a | Buy | No |
Skiadas Anthony T | 02/13/2024 | 3,802.00 | 64,093.00 | n/a | Buy | No |
Vestberg Hans Erik | 02/13/2024 | 26,247.00 | 215,014.00 | n/a | Buy | No |
Hammock Samantha | 01/03/2024 | 1,804.00 | 2,907.00 | 39.37 | Sell | No |
Hammock Samantha | 01/03/2024 | 4,711.00 | 4,711.00 | n/a | Buy | No |
SILLIMAN CRAIG L. | 12/10/2023 | 3,340.00 | 46,295.00 | 38.29 | Sell | No |
Russo Joseph J. | 11/30/2023 | 3,039.00 | 11,816.00 | 38.58 | Sell | No |
Russo Joseph J. | 11/30/2023 | 5,941.00 | 14,855.00 | n/a | Buy | No |
SILLIMAN CRAIG L. | 11/29/2023 | 23,380.00 | 49,635.00 | 38.00 | Sell | No |
Venkatesh Vandana | 11/01/2023 | 8,060.00 | 14,438.00 | 33.44 | Sell | No |
Verizon Dividend Calendar
Date | Name | Dividend | *yield | Currency |
---|---|---|---|---|
2023 | Verizon Inc. | 2.63 | 6.99 | USD |
2022 | Verizon Inc. | 2.58 | 6.56 | USD |
2021 | Verizon Inc. | 2.54 | 4.88 | USD |
2020 | Verizon Inc. | 2.48 | 4.23 | USD |
2019 | Verizon Inc. | 2.44 | 3.97 | USD |
2018 | Verizon Inc. | 2.38 | 4.24 | USD |
2017 | Verizon Inc. | 2.33 | 4.41 | USD |
2016 | Verizon Inc. | 2.29 | 4.28 | USD |
2015 | Verizon Inc. | 2.23 | 4.82 | USD |
2014 | Verizon Inc. | 2.16 | 4.62 | USD |
2013 | Verizon Inc. | 2.09 | 4.25 | USD |
2012 | Verizon Inc. | 2.03 | 4.69 | USD |
2011 | Verizon Inc. | 1.98 | 4.94 | USD |
2011 | Verizon Inc. | 1.98 | 4.92 | USD |
2010 | Verizon Inc. | 1.93 | 5.39 | USD |
2010 | Verizon Inc. | 1.93 | 5.38 | USD |
2009 | Verizon Inc. | 1.87 | 5.64 | USD |
2008 | Verizon Inc. | 1.78 | 5.25 | USD |
2007 | Verizon Inc. | 1.67 | 3.82 | USD |
2006 | Verizon Inc. | 1.62 | 4.35 | USD |
2005 | Verizon Inc. | 1.62 | 5.38 | USD |
2004 | Verizon Inc. | 1.54 | 3.80 | USD |
2003 | Verizon Inc. | 1.54 | 4.39 | USD |
2002 | Verizon Inc. | 1.54 | 3.97 | USD |
2001 | Verizon Inc. | 1.54 | 3.24 | USD |
2000 | Verizon Inc. | 1.54 | 3.07 | USD |
1999 | Verizon Inc. | 1.54 | 2.50 | USD |
*Yield of the Respective Date
Verizon Inc. Calendar
Event | Estimate | Info | Date |
---|---|---|---|
Earnings Report | 1.124 USD | Q1 2024 Earnings Release | 04/22/2024 |
Earnings Report | 1.144 USD | Q2 2024 Earnings Release | 07/22/2024 |
Earnings Report | - | Q3 2024 Earnings Release | 10/22/2024 |
Earnings Report | - | Q4 2024 Earnings Release | 01/28/2025 |
Earnings Report | - | Q1 2025 Earnings Release | 04/29/2025 |
Earnings Report | - | Q2 2025 Earnings Release | 07/29/2025 |
Earnings Report | - | Q3 2025 Earnings Release | 10/28/2025 |
Verizon Inc. Past Events
Event | Actual EPS | Info | Date |
---|---|---|---|
Earnings Report | 1.080 USD | Q4 2023 Earnings Release | 01/23/2024 |
Press Conference | - | - | 01/23/2024 |
Press Conference | - | - | 10/24/2023 |
Verizon Profile
Verizon Communications, Inc. is a holding company, which engages in the provision of communications, information, and entertainment products and services. It operates through the Verizon Consumer Group (Consumer) and Verizon Business Group (Business) segments. The Consumer segment provides consumer-focused wireless and wire line communications services and products. The Business segment offers wireless and wire line communications services and products, video and data services, corporate networking solutions, security and managed network services, local and long distance voice services, and network access to deliver various Internet of Things (IoT) services and products. The company was founded in 1983 and is headquartered in New York, NY.
Verizon Stock Price History by Markets Insider
Verizon Communication Inc. was established on June 30th, 2000. The wireless service company is the result of the merger of Bell Atlantic Corporation and GTE Corporation. Although these two companies were listed individually at the stock exchange before this merger, it was on July 3rd, 2000, when the stock under the ticker “VZ” went public at the NYSE. Verizon stock price (NYSE:VZ) was traded at an IPO price of $45.53. (read more)
The initial euphoria, which drove Verizon stock price up to $48.39 by the end of the first day, subsided after a few weeks. By the end of July 2000, the stock was only worth $42.04. Verizon and Wall Street was not satisfied with the development of the stock during the first year. This was in line with other telecom companies which were not considered stocks to buy at the time. However, this downward trend soon stopped, Verizon stock price went up a bit, and remained fairly stable throughout the first three quarters of 2001, where Verizon stock price stayed at $50. By the end of 2001, Verizon stock price began to fall and reached a low in July 2002, when Verizon stock price was only at $24.67. It was not until October that Verizon stock price rose above the $30 mark again. This positive trend intensified and by January 6th, 2003, the stock closed at $39.59. Verizon Communications Inc., providing internet to its customers in the United States, was profiting from the unstoppable Internet boom. Verizon revenue growth has Wall Street interested and its market capitalization increasing.
During the following years, Verizon stock price did not perform well. The upward trend in 2004 was followed by a period of falling stock prices which bottomed out on October 20th, 2005, when the stock was listed at $26.23. After this temporary weaker period, Verizon stock price rallied to reach $42.93 on October 29th, 2007. One year later, when the company’s stock closed at $23.52 on October 24th, 2008, the stock value had declined by 45%. It took a while until confidence among investors could be restored. The way out of this bear market was difficult. Year over year, Verizon stock price almost stagnated and was traded around $28 in October 2009. However, markets started to move upwards again. On August 10th, 2010, the stock passed the mark of $30.00 to close at $30.02 and has not fallen beneath $30.00 since August 31th, 2010. The strong increase of more than 15% between October 2009 and October 2010 shows the strong post-stock market crisis performance of Verizon’s stock.
2013 stands out in terms of soaring prices of Verizon’s stock, an increase of well above 9%, from $49.15 on March 28th, 2013, to $53.91 on April 30th, 2013.
Ever since, Verizon stock has performed solidly, closing at $46.78 on December 31st, 2014, and at $46.22 one year later. In 2016, the stock closed at $53.38 on December 30th. The stock reached a closing price of $56.53 on July 5th, 2016. In 2017, Verizon stock price flirted between the $40 and $50 range.
A strong dividend of $2.29 in 2017, earnings per share of $0.89 in Q3 of 2017, and a solid customer base in made Verizon Communications Inc. an attractive option for investors. Verizon’s recent acquisition of Yahoo! Inc. gave way to the creation of the company’s new subsidiary Oath. This opens up new possibilities for organic growth in Verizon’s media and contributes to a diversification of the company’s portfolio. And the law of net neutrality could also feature large in future revenue growth for Verizon.
Moody’s Daily Credit Risk Score
Risk
- Low
- Medium
- High
3
Moody’s Daily Credit Risk Score is a 1-10 score of a company’s credit risk, based on an analysis of the firm’s balance sheet and inputs from the stock market. The score provides a forward-looking, one-year measure of credit risk, allowing investors to make better decisions and streamline their work ow. Updated daily, it takes into account day-to-day movements in market value compared to a company’s liability structure.
Verizon Shareholder
Owner | in % |
---|---|
Freefloat | 99.96 |
The Vanguard Group, Inc. | 8.33 |
Vanguard Group, Inc. (Subfiler) | 7.88 |
State Street Corp. | 4.36 |
BlackRock Fund Advisors | 3.08 |
Vanguard Total Stock Market ETF | 2.83 |
Vanguard 500 Index Fund | 2.47 |
BlackRock Institutional Trust Co. NA | 2.25 |
Charles Schwab Investment Management, Inc. | 2.21 |
Geode Capital Management LLC | 2.05 |
Morgan Stanley Smith Barney LLC | 1.26 |
Schwab US Dividend Equity ETF | 1.23 |
SPDR S&P 500 ETF Trust | 1.19 |
Norges Bank (13F) | 1.19 |
Fidelity 500 Index Fund | 1.18 |
Shareholder percentage totals can add to more than 100% because some holders are included in the free float.
Verizon Management
Name | Job |
---|---|
Sowmyanarayan Sampath | CEO-Verizon Consumer Group & EVP |
Chris Bartlett | CFO, SVP-Verizon Business Group |
Hans Erik Vestberg | Chairman & Chief Executive Officer |
Keith Smout | Chief Commercial Officer |
James J. Gerace | Chief Communications Officer |
Rose Stuckey Kirk | Chief Corporates Social Responsibility Officer |
Anthony T. Skiadas | Chief Financial Officer & Executive Vice President |
Samantha Hammock | Chief Human Resources Officer & Executive VP |
John Nitti | Chief Investment Officer & SVP-Verizon Ventures |
Leslie Berland | Chief Marketing Officer & Executive Vice President |
Krista Bourne | Chief Operating Officer-Verizon Consumer Group |
Debika Bhattacharya | Chief Product Officer-Verizon Business |
Massimo Peselli | Chief Revenue Officer-Enterprise & Public Sector |
James Gowen | Chief Sustainability Officer |
Nicola T. Palmer | Chief Technology Ambassador |
Vittorio Amedeo Colao | Director |
Harish Virendra Gandhi | Director-Marketing & Strategy |
Vandana Venkatesh | EVP & General Counsel |
Craig Silliman | EVP & President-Verizon Global Services |
Joseph Russo | EVP, President-Global Networks & Technologies |
Kyle J. Malady | Group CEO-Verizon Business & Executive VP |
Mark T. Bertolini | Independent Director |
Shellye Louise Archambeau | Independent Director |
Carol B. Tomé | Independent Director |
Gregory G. Weaver | Independent Director |
Laxman Narasimhan | Independent Director |
Rodney E. Slater | Independent Director |
Daniel H. Schulman | Independent Director |
Roxanne Schuh Austin | Independent Director |
Melanie Liddle Healey | Independent Director |
Clarence Otis | Lead Independent Director |
Diane Maraventano | Manager-Real Estate |
Charlie Boyd | Managing Director of Business Innovation |
Angie J. Klein | President-Verizon Value |
Pete Paule | Real Estate Manager-Southeast |
William L. Horton | Secretary, Senior VP & Deputy General Counsel |
Mary-Lee Stillwell | Senior Vice President & Controller |
George Brady Connor | Senior Vice President-Investor Relations |
Scott D. Krohn | Treasurer & Senior Vice President |
Kenneth P. Jack | Vice President-Fleet Operations |
Courtney Mezinis | Vice President-Real Estate |