Verizon Communications Inc. (NYSE:VZ - Free Report) - Investment analysts at Zacks Research dropped their FY2025 EPS estimates for shares of Verizon Communications in a report released on Monday, January 13th. Zacks Research analyst R. Department now forecasts that the cell phone carrier will post earnings per share of $4.69 for the year, down from their previous estimate of $4.70. The consensus estimate for Verizon Communications' current full-year earnings is $4.61 per share. Zacks Research also issued estimates for Verizon Communications' Q2 2026 earnings at $1.22 EPS and Q4 2026 earnings at $1.19 EPS.
Verizon Communications (NYSE:VZ - Get Free Report) last announced its quarterly earnings data on Tuesday, October 22nd. The cell phone carrier reported $1.19 EPS for the quarter, topping analysts' consensus estimates of $1.18 by $0.01. Verizon Communications had a return on equity of 20.05% and a net margin of 7.30%. The firm had revenue of $33.30 billion during the quarter, compared to analyst estimates of $33.42 billion. During the same period last year, the company earned $1.22 earnings per share. The company's revenue was up .9% on a year-over-year basis.
VZ has been the subject of a number of other research reports. StockNews.com lowered shares of Verizon Communications from a "strong-buy" rating to a "buy" rating in a report on Monday, December 16th. Royal Bank of Canada lifted their price objective on Verizon Communications from $42.00 to $46.00 and gave the stock a "sector perform" rating in a research note on Monday, September 23rd. KeyCorp lowered Verizon Communications from an "overweight" rating to a "sector weight" rating in a research note on Thursday, October 24th. Tigress Financial boosted their target price on Verizon Communications from $52.00 to $55.00 and gave the stock a "buy" rating in a research report on Tuesday, October 1st. Finally, Citigroup increased their price target on shares of Verizon Communications from $47.00 to $49.00 and gave the company a "buy" rating in a research report on Wednesday, September 25th. Ten equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat.com, Verizon Communications currently has an average rating of "Hold" and a consensus price target of $46.54.
Read Our Latest Stock Report on VZ
Verizon Communications Stock Down 0.3 %
Shares of NYSE:VZ opened at $38.17 on Wednesday. The company has a debt-to-equity ratio of 1.32, a current ratio of 0.66 and a quick ratio of 0.62. The stock has a market cap of $160.68 billion, a price-to-earnings ratio of 16.45, a P/E/G ratio of 3.05 and a beta of 0.46. The company has a 50 day moving average of $41.17 and a 200-day moving average of $41.76. Verizon Communications has a one year low of $37.58 and a one year high of $45.36.
Verizon Communications Cuts Dividend
The firm also recently announced a quarterly dividend, which will be paid on Monday, February 3rd. Investors of record on Friday, January 10th will be given a $0.6775 dividend. This represents a $2.71 dividend on an annualized basis and a yield of 7.10%. The ex-dividend date of this dividend is Friday, January 10th. Verizon Communications's dividend payout ratio (DPR) is currently 116.81%.
Institutional Investors Weigh In On Verizon Communications
Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Capital Performance Advisors LLP bought a new stake in Verizon Communications during the third quarter worth about $31,000. Legend Financial Advisors Inc. grew its stake in Verizon Communications by 69.6% in the fourth quarter. Legend Financial Advisors Inc. now owns 780 shares of the cell phone carrier's stock valued at $31,000 after purchasing an additional 320 shares in the last quarter. Accordant Advisory Group Inc increased its position in shares of Verizon Communications by 137.6% during the 3rd quarter. Accordant Advisory Group Inc now owns 777 shares of the cell phone carrier's stock worth $35,000 after purchasing an additional 450 shares during the last quarter. MidAtlantic Capital Management Inc. bought a new stake in shares of Verizon Communications during the 3rd quarter worth approximately $44,000. Finally, IFS Advisors LLC boosted its holdings in shares of Verizon Communications by 244.1% in the 4th quarter. IFS Advisors LLC now owns 1,115 shares of the cell phone carrier's stock valued at $45,000 after buying an additional 791 shares during the last quarter. 62.06% of the stock is owned by institutional investors.
Verizon Communications Company Profile
(
Get Free Report)
Verizon Communications Inc, through its subsidiaries, engages in the provision of communications, technology, information, and entertainment products and services to consumers, businesses, and governmental entities worldwide. It operates in two segments, Verizon Consumer Group (Consumer) and Verizon Business Group (Business).
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