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Verizon (VZ)
NYSE:VZ
Holding VZ?
Track your performance easily
VZ Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$30.62 - $45.36
Previous Close$44.18
Volume2.52M
Average Volume (3M)18.62M
Market Cap
$185.51B
Enterprise Value$357.89B
Total Cash (Recent Filing)$2.43B
Total Debt (Recent Filing)$172.98B
Price to Earnings (P/E)16.6
Beta0.46
Next Earnings
Oct 22, 2024EPS Estimate
$1.18Last Dividend Ex-Date
Oct 10, 2024Dividend Yield6.02%
Share Statistics
EPS (TTM)2.67
Shares Outstanding4,209,519,996
10 Day Avg. Volume15,619,678
30 Day Avg. Volume18,620,290
Standard Deviation0.05
R-Squared0.17
Alpha-0.00426
Financial Highlights & Ratios
Price to Book (P/B)1.95
Price to Sales (P/S)1.39
Price to Cash Flow (P/CF)4.90
P/FCF Ratio6.70
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.67
Enterprise Value/Gross Profit4.53
Enterprise Value/Ebitda9.85
Forecast
1Y Price Target
$46.47Price Target Upside5.45% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering18
Verizon News
Bulls Say, Bears Say
Bulls Say
5G And AIVZ will continue to benefit from significant 5G adoption along with increasing services revenue growth and is well-positioned to benefit from AI-driving mobile edge computing.
Financial GrowthVerizon's latest pricing action to adjust AutoPay discounts on legacy plans could generate additional net revenues of $0.9 billion annually.
Tower SaleTower sale is a net positive for VZ, harvests cash while taking advantage of private tower portfolio multiples trading materially higher than the public towers.
Bears Say
CompetitionAggressive competition from players like AT&T and T-Mobile could impact market share and pricing power in the near term.
Consumer GrowthVerizon continues to struggle with consumer postpaid phone adds, and the wireless industry could see a slowdown in postpaid phone growth in 2024 and beyond with the potential for increased wireless competition from AT&T, T-Mobile, Dish, and cable companies.
RevenueConcerns about VZ’s ability to sustain service revenue growth linked to legacy price increases.
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Ownership Overview
0.02% Insiders
15.13% Mutual Funds
0.26% Other Institutional Investors
63.56% 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 $30.62 and its highest was $45.36 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 Oct 22, 2024 which is 25 days ago.
How were Verizon’s earnings last quarter?
Verizon released its earnings results on Jul 22, 2024. The company reported $1.15 earnings per share for the quarter, beating the consensus estimate of $1.149 by <$0.001.
Is Verizon overvalued?
According to Wall Street analysts Verizon’s price is currently Undervalued.
Does Verizon pay dividends?
Verizon pays a Quarterly dividend of $0.68 which represents an annual dividend yield of 6.02%. See more information on Verizon dividends here
What is Verizon’s EPS estimate?
Verizon’s EPS estimate is $1.18.
How many shares outstanding does Verizon have?
Verizon has 4,209,520,000 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 $1.149. Following the earnings report the stock price went down -6.079%.
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 189M.
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Verizon Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$46.47 (5.45% Upside)
$46.47 (5.45% Upside)
Blogger Sentiment
Bullish
VZ Sentiment 90%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Increased
By 489.7K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Neutral
Last 7 Days ▼ 0.7%
Last 30 Days ▲ 0.6%
Last 30 Days ▲ 0.6%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
50.25%
12-Months-Change
Fundamentals
Return on Equity
11.76%
Trailing 12-Months
Asset Growth
-0.21%
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
Q2 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
$46.47
▲(5.45% Upside)
Technical Analysis
Best Analysts Covering VZ
1 Year
1 Year Success Rate
11/12 ratings generated profit
1 Year Average Return
+14.54%
reiterated a buy rating 2 months ago
Copying Michael Rollins's trades and holding each position for 1 Year would result in 91.67% of your transactions generating a profit, with an average return of +14.54% per trade.
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