Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Daily Feeds
Calendars
Economic Indicators
Class Actions
Calculators
Education
About Us
Working with TipRanks
Follow Us
Verizon (VZ)
NYSE:VZ
Holding VZ?
Track your performance easily
VZ Stock Chart & Stats
Day’s Range― - ―
52-Week Range$37.59 - $45.36
Previous CloseN/A
Volume8.66M
Average Volume (3M)19.81M
Market Cap
$161.40B
Enterprise Value$360.03B
Total Cash (Recent Filing)$2.88B
Total Debt (Recent Filing)$105.43B
Price to Earnings (P/E)16.5
Beta0.50
Next Earnings
Jan 24, 2025EPS Estimate
1.09Last Dividend Ex-Date
Jan 10, 2025Dividend Yield7%
Share Statistics
EPS (TTM)2.32
Shares Outstanding4,209,626,500
10 Day Avg. Volume23,441,515
30 Day Avg. Volume19,807,037
Standard Deviation0.06
R-Squared0.18
Alpha-0.00622
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)1.20
Price to Cash Flow (P/CF)4.10
P/FCF Ratio6.90
Enterprise Value/Market Cap2.23
Enterprise Value/Revenue2.68
Enterprise Value/Gross Profit4.55
Enterprise Value/Ebitda9.62
Forecast
1Y Price Target
$46.00Price Target Upside19.98% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering14
Verizon News
Bulls Say, Bears Say
Bulls Say
Growth OpportunitiesThere is a compelling growth opportunity in expanding the fixed wireless base, which is expected to contribute significantly to service revenue growth.
Market Position And GrowthVerizon is recognized as the largest and highest-quality provider in wireless, with solid service revenue growth and improved spectrum position.
Strategic Financial MovesThe tower deal structured as a prepaid lease, lease-back will generate upfront proceeds, recorded as a positive working capital item, likely enhancing free cash flow.
Bears Say
Cash FlowFree cash flow is expected to decrease due to higher capital expenditures, cash taxes, and working capital outflows.
CompetitionAggressive competition from players like AT&T and T-Mobile could impact market share and pricing power.
Financial PerformanceWireless service revenue growth is expected to decelerate due to less subscriber and average revenue per account growth.
---
Ownership Overview
0.02% Insiders
15.15% Mutual Funds
0.60% Other Institutional Investors
63.08% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Legal & RegulatoryLitigation, compliance, new legislation, and taxation risks
Website Traffic
The estimated number of people who visited one or more of the websites owned by Verizon
Desktop Users
Mobile Users
VZ FAQ
What was Verizon’s price range in the past 12 months?
Verizon lowest stock price was $37.59 and its highest was $45.36 in the past 12 months.
What is Verizon’s market cap?
Verizon’s market cap is $161.40B.
When is Verizon’s upcoming earnings report date?
Verizon’s upcoming earnings report date is Jan 24, 2025 which is in 6 days.
How were Verizon’s earnings last quarter?
Verizon released its earnings results on Oct 22, 2024. The company reported $1.19 earnings per share for the quarter, beating the consensus estimate of $1.178 by $0.012.
Is Verizon overvalued?
According to Wall Street analysts Verizon’s price is currently Undervalued.
Does Verizon pay dividends?
Verizon pays a Quarterly dividend of $2.684 which represents an annual dividend yield of 7%. See more information on Verizon dividends here
What is Verizon’s EPS estimate?
Verizon’s EPS estimate is 1.09.
How many shares outstanding does Verizon have?
Verizon has 4,209,626,500 shares outstanding.
What happened to Verizon’s price movement after its last earnings report?
Verizon reported an EPS of $1.19 in its last earnings report, beating expectations of $1.178. Following the earnings report the stock price went down -5.03%.
Which hedge fund is a major shareholder of Verizon?
Among the largest hedge funds holding Verizon’s share is Mairs & Power Inc. It holds Verizon’s shares valued at 215M.
---
Verizon Stock Smart Score
Unlock Smart Score
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$46.00 (19.98% Upside)
$46.00 (19.98% Upside)
Blogger Sentiment
Bullish
VZ Sentiment 92%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Decreased
By 155.5K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Neutral
Last 7 Days ▼ 0.6%
Last 30 Days ▲ 1.4%
Last 30 Days ▲ 1.4%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
4.17%
12-Months-Change
Fundamentals
Return on Equity
10.17%
Trailing 12-Months
Asset Growth
-0.95%
Trailing 12-Months
Company Description
Verizon
Verizon Communications Inc. (VZ) is a leading American telecommunications company that provides a wide range of services and products in the communications and technology sectors. The company's core offerings include wireless communications, broadband internet, and cable television services. Verizon operates one of the largest wireless networks in the United States, serving millions of customers with voice, data, and messaging services. Additionally, the company offers enterprise solutions and digital media services, enhancing connectivity and communication for businesses and consumers.
---
VZ Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Positive
The earnings call reflected a strong performance in revenue growth, profitability, and strategic execution with significant achievements in wireless and broadband segments. Although there are some challenges related to program amortization and churn, the company's strategic initiatives and investments position it well for future growth.Read More>---
VZ Revenue Breakdown
75.86% Consumer
22.48% Business
---
VZ Stock 12 Month Forecast
Average Price Target
$46.00
▲(19.98% Upside)
Technical Analysis
Best Analysts Covering VZ
1 Year
1 Year Success Rate
9/13 ratings generated profit
1 Year Average Return
+8.85%
assigned a buy rating last month
Copying Michael Rollins's trades and holding each position for 1 Year would result in 69.23% of your transactions generating a profit, with an average return of +8.85% per trade.
---