Verizon/VZ
US$40.06
-0.44%-
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
Website
www.verizon.com
Verizon Metrics
BasicAdvanced
US$169B
Market cap
14.94
P/E ratio
US$2.68
EPS
0.40
Beta
US$2.64
Dividend rate
6.64%
Dividend yield
Price and volume
Market cap
US$169B
Beta
0.39835
52-week high
US$43.42
52-week low
US$30.14
Average daily volume
18M
Dividend rate
US$2.64
Financial strength
Current ratio
0.708
Quick ratio
0.669
Long term debt to equity
144.279
Total debt to equity
160.81
Dividend payout ratio (TTM)
98.48%
Interest coverage (TTM)
5.32%
Management effectiveness
Return on assets (TTM)
3.11%
Return on equity (TTM)
12.08%
Return on investment (TTM)
3.61%
Valuation
Price to earnings (TTM)
14.936
Price to revenue (TTM)
1.258
Price to book
1.788
Price to free cash flow (TTM)
71.42
Five year average dividend yield
5.06%
Dividend yield (TTM)
6.58%
Forward dividend yield
6.64%
Growth
Revenue change (TTM)
-1.58%
Earnings per share change (TTM)
-47.74%
3-year revenue growth
1.46%
3-year earnings per share growth
-13.77%
3-year dividend per share growth
1.98%
What the Analysts think about Verizon
Analyst Ratings
Majority rating from 27 analysts.
Price Targets
Average projection from 24 analysts.
High US$55.00
Low US$34.00
US$40.06
Current price
US$44.73
Average price target
Verizon Financial Performance
Income StatementBalance sheetCash Flow
Income Statement
Revenues and expenses
QuarterlyAnnual
Q1 24
QoQ growth
Revenue
US$33B
-6.12%
Net income
US$4.6B
-270.13%
Profit margin
13.95%
-281.4%
Verizon Earnings Performance
Earnings per share (EPS)
Company profitability
QuarterlyAnnual
Q2 23
Q3 23
Q4 23
Q1 24
Q2 24
Actual
US$1.21
US$1.22
US$1.08
US$1.15
-
Expected
US$1.16
US$1.18
US$1.07
US$1.12
US$1.16
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 $169B as of May 20, 2024.
What is the P/E ratio for Verizon stock?
The price to earnings (P/E) ratio for Verizon (VZ) stock is 14.94 as of May 20, 2024.
Does Verizon stock pay dividends?
Yes, the Verizon (VZ) stock pays dividends to shareholders. As of May 20, 2024, the dividend rate is $2.635 and the yield is 6.64%. Verizon has a payout ratio of 98.48% on a trailing twelve-month basis.
When is the next Verizon dividend payment date?
The next Verizon (VZ) dividend payment date is unconfirmed.
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 $44.73, which is 11.66% above the current price of $40.06. 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.
Buy or sell Verizon stock
Stocks, funds and up to 4.50% interest earned on uninvested cash. When you invest, your capital is at risk.