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Verizon (VZ)
NYSE:VZ
Verizon (VZ) Stock Price & Analysis
21,143 Followers
VZ Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$29.16 - $42.73
Previous Close$40.06
Volume14.67M
Average Volume (3M)18.09M
Market Cap
$168.62B
Enterprise Value$343.28B
Total Cash (Recent Filing)$2.37B
Total Debt (Recent Filing)$175.63B
Price to Earnings (P/E)14.9
Beta0.44
Next Earnings
Jul 22, 2024EPS Estimate
$1.16Last Dividend Ex-Date
Apr 09, 2024Dividend Yield6.61%
Share Statistics
EPS (TTM)2.68
Shares Outstanding4,209,254,894
10 Day Avg. Volume14,699,435
30 Day Avg. Volume18,087,089
Standard Deviation0.05
R-Squared0.17
Alpha-0.00469
Financial Highlights & Ratios
Price to Book (P/B)-1.76
Price to Sales (P/S)5.11
Price to Cash Flow (P/CF)6.00
P/FCF Ratio12.10
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.56
Enterprise Value/Gross Profit3.24
Enterprise Value/Ebitda9.57
Forecast
1Y Price Target
$44.42Price Target Upside10.88% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering12
Verizon News
PremiumPress Releases
Verizon to speak at J.P. Morgan conference May 21
Bulls Say, Bears Say
Bulls Say
Market ExpansionVerizon is expanding its 5G ultra-wideband rollout, enhancing coverage and service quality.
Operational EfficiencyVerizon is successfully leveraging its new team and tools to deliver operating improvements in the Consumer unit.
Revenue GrowthEncouraged by Verizon's consumer ARPA growth, which should accelerate due to recent price actions and myPlan/premium mix adoption.
Bears Say
Competitive PressuresBusiness phone adds were lighter-than-expected, a result of recent pricing actions and some competitive impact.
Financial ForecastAnalyst lowers price target to $40 to reflect a higher discount rate in DCF and tempered positives by softer trends in business and challenges in prepaid segment.
Market Share ChallengesAT&T’s entry into the fixed wireless access market is impacting Verizon's market share balance.
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Ownership Overview
0.16% Insiders
15.96% Mutual Funds
32.21% Other Institutional Investors
51.68% 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 $29.16 and its highest was $42.73 in the past 12 months.
What is Verizon’s market cap?
Currently, no data Available
When is Verizon’s upcoming earnings report date?
Verizon’s upcoming earnings report date is Jul 22, 2024 which is in 63 days.
How were Verizon’s earnings last quarter?
Verizon released its earnings results on Apr 22, 2024. The company reported $1.15 earnings per share for the quarter, beating the consensus estimate of $1.119 by $0.031.
Is Verizon overvalued?
According to Wall Street analysts Verizon’s price is currently Undervalued.
Does Verizon pay dividends?
Verizon pays a Quarterly dividend of $0.67 which represents an annual dividend yield of 6.61%. See more information on Verizon dividends here
What is Verizon’s EPS estimate?
Verizon’s EPS estimate is $1.16.
How many shares outstanding does Verizon have?
Verizon has 4,209,255,000 shares outstanding.
What happened to Verizon’s price movement after its last earnings report?
Verizon reported an EPS of $1.15 in its last earnings report, beating expectations of $1.119. Following the earnings report the stock price went down -4.668%.
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 168M.
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Verizon Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$44.42 (10.88% Upside)
$44.42 (10.88% Upside)
Blogger Sentiment
Bullish
VZ Sentiment 87%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Increased
By 434.5K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $1.6M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.8%
Last 30 Days ▼ 1.3%
Last 30 Days ▼ 1.3%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
18.95%
12-Months-Change
Fundamentals
Return on Equity
12.08%
Trailing 12-Months
Asset Growth
0.65%
Trailing 12-Months
Company Description
Verizon
Verizon Communications, Inc. provides wireless and wireline communications services and products through its two segments: Verizon Consumer Group and Verizon Business Group. The Verizon Business segment also offers 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.
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VZ Company Deck
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VZ Earnings Call
Q1 2024
0:00 / 0:00
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VZ Revenue Breakdown
81.85% Service revenues and other
18.15% Wireless equipment
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VZ Stock 12 Month Forecast
Average Price Target
$44.42
▲(10.88% Upside)
Technical Analysis
Best Analysts Covering VZ
1 Year
1 Year Success Rate
8/9 ratings generated profit
1 Year Average Return
+10.72%
reiterated a buy rating 4 months ago
Copying Michael Rollins's trades and holding each position for 1 Year would result in 88.89% of your transactions generating a profit, with an average return of +10.72% per trade.
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