Verizon/VZ

$39.88

3.31%
-
1D1W1MYTD1YMAX

About Verizon

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 reportable segments are Verizon Consumer Group and Verizon Business Group. Its Consumer segment provides wireless and wireline communications services. Its wireless services are provided across wireless networks in the United States (U.S.) under the Verizon brands. Its wireline services are provided in nine states in the Mid-Atlantic and Northeastern U.S., as well as Washington D.C., over its fiber-optic network under the Fios brand and over a traditional copper-based network. Its Business segment provides wireless and wireline communications services and products, including data, video and conferencing services, security and managed network services, local and long-distance voice services and network access to deliver various Internet of Things services and products.

Ticker

VZ

Sector

Technology

Trading on

NYSE

Industry

Communications Services

CEO

Hans Vestberg

Employees

105,400

Headquarters

New york, United States

Verizon Metrics

BasicAdvanced
$170.23B
Market cap
14.69
P/E ratio
$2.76
EPS
0.40
Beta
$2.62
Dividend rate
6.57%
Dividend yield
$170.23B
0.396
$43.42
$30.14
19.01M
$2.62
0.692
0.653
148.979
163.014
95.42%
5.78%
3.18%
12.65%
3.7%
14.686
1.271
1.842
90.213
5.06%
6.48%
6.57%
-2.09%
-45.47%
1.46%
-13.77%
1.98%

What the Analysts think about Verizon

Analyst Ratings

Majority rating from 27 analysts.
Buy

Price Targets

Average projection from 24 analysts.
13.52% upside
High $57.00
Low $34.00
$39.88
Current price
$45.27
Average price target

Verizon Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
13.95% profit margin
QuarterlyAnnual
Q1 24
QoQ growth
Revenue
$32.98B
-6.12%
Net income
$4.6B
-270.13%
Profit margin
13.95%
-281.4%

Verizon Earnings Performance

Earnings per share (EPS)

Company profitability
Beat by 2.73%
QuarterlyAnnual
Q2 23
Q3 23
Q4 23
Q1 24
Q2 24
Actual
$1.21
$1.22
$1.08
$1.15
-
Expected
$1.16
$1.18
$1.07
$1.12
$1.15
Surprise
3.87%
3.54%
0.55%
2.73%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

Upcoming events

FAQs

What’s the current market cap for Verizon stock?

Verizon (VZ) has a market cap of $170.23B as of April 24, 2024.

What is the P/E ratio for Verizon stock?

The price to earnings (P/E) ratio for Verizon (VZ) stock is 14.69 as of April 24, 2024.

Does Verizon stock pay dividends?

Yes, the Verizon (VZ) stock pays dividends to shareholders. As of April 24, 2024, the dividend rate is $2.6225 and the yield is 6.57%. Verizon has a payout ratio of 95.42% on a trailing twelve-month basis.

When is the next Verizon dividend payment date?

The next Verizon (VZ) dividend payment is scheduled for May 01, 2024.

What is the beta indicator for Verizon?

Verizon (VZ) has a beta rating of 0.4. This means that it is less volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 0.5 would mean it moves half as much as the market.

What is the Verizon stock price target?

The target price for Verizon (VZ) stock is $45.27, which is 14.03% above the current price of $39.7. This is an average based on projections from 24 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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