Verizon Communications (NYSE:VZ) CEO Sells $54,978.00 in Stock

Verizon Communications Inc. (NYSE:VZ) CEO Kyle Malady sold 1,100 shares of the firm’s stock in a transaction that occurred on Tuesday, September 8th. The shares were sold at an average price of $49.98, for a total value of $54,978.00. Following the completion of the sale, the chief executive officer directly owned 106,566 shares of the company’s stock, valued at $5,326,168.68. This trade represents a 1.02% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Kyle Malady also recently made the following trade(s):

• On Tuesday, September 1st, Kyle Malady sold 1,100 shares of Verizon Communications stock. The stock was sold at an average price of $50.50, for a total value of $55,550.00.
• On Tuesday, August 25th, Kyle Malady sold 1,100 shares of Verizon Communications stock. The stock was sold at an average price of $50.06, for a total value of $55,066.00.
• On Tuesday, August 18th, Kyle Malady sold 1,100 shares of Verizon Communications stock. The shares were sold at an average price of $48.68, for a total transaction of $53,548.00.

Verizon Communications Stock Performance

Shares of VZ stock opened at $50.58 on Friday. The firm has a market capitalization of $210.14 billion, a PE ratio of 13.17, a price-to-earnings-growth ratio of 1.70 and a beta of 0.26. The firm has a fifty day simple moving average of $47.07 and a two-hundred day simple moving average of $47.53. The company has a current ratio of 0.60, a quick ratio of 0.57 and a debt-to-equity ratio of 1.36. Verizon Communications Inc. has a 12 month low of $38.39 and a 12 month high of $51.68.

Verizon Communications (NYSE:VZ) last issued its quarterly earnings data on Friday, July 24th. The cell phone carrier reported $1.30 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.27 by $0.03. The firm had revenue of $34.25 billion during the quarter, compared to analysts’ expectations of $35.16 billion. Verizon Communications had a net margin of 11.64% and a return on equity of 19.48%. The business’s revenue was down .7% on a year-over-year basis. During the same period last year, the company earned $1.22 earnings per share. Verizon Communications has set its FY 2026 guidance at 4.990-5.040 EPS. Analysts forecast that Verizon Communications Inc. will post 5.03 EPS for the current fiscal year.

Verizon Communications Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, November 2nd. Shareholders of record on Friday, October 9th will be issued a dividend of $0.7075 per share. This represents a $2.83 dividend on an annualized basis and a yield of 5.6%. The ex-dividend date of this dividend is Friday, October 9th. Verizon Communications’s payout ratio is currently 73.70%.

Analyst Ratings Changes

A number of research analysts have recently weighed in on the company. BNP Paribas Exane dropped their target price on Verizon Communications from $46.00 to $44.00 and set a “neutral” rating on the stock in a report on Tuesday, July 14th. Weiss Ratings reissued a “buy (b)” rating on shares of Verizon Communications in a research report on Wednesday, August 26th. Moffett Nathanson dropped their price objective on Verizon Communications from $56.00 to $49.00 and set a “neutral” rating on the stock in a research note on Monday, July 20th. Barclays raised their price objective on Verizon Communications from $45.00 to $46.00 and gave the company an “equal weight” rating in a research note on Monday, July 27th. Finally, Royal Bank Of Canada upped their target price on Verizon Communications from $46.00 to $47.00 and gave the company a “sector perform” rating in a report on Monday, July 27th. Eight analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus price target of $50.97.

More Verizon Communications News

Here are the key news stories impacting Verizon Communications this week:

• Positive Sentiment: Service convergence is strengthening growth. Verizon’s Frontier acquisition is helping accelerate service-revenue growth, while bundled mobile, broadband and fiber offerings are contributing to stronger broadband additions, higher adoption and lower churn. Analysts view the company’s valuation and substantial free-cash-flow-supported dividend as attractive for income-focused investors. Verizon Firing On All Cylinders – Focus On Service Convergence
• Positive Sentiment: New iPhone 18 Pro promotions could support subscriber additions. Verizon is offering annual upgrades, trade-in savings of up to $1,200 for eligible customers, and incentives for switchers, including some offers that do not require a trade-in. These promotions may improve upgrade activity and customer acquisition, although they could pressure near-term margins. Switch to Verizon and get the new iPhone 18 Pro
• Positive Sentiment: Verizon’s multi-year agreement for more than 80 million miles of Corning optical fiber supports planned broadband expansion and potential AI data-center connectivity through 2032. Corning Just Locked In a Massive Verizon Fiber Deal
• Neutral Sentiment: Verizon maintained its quarterly dividend at $0.7075 per share, preserving its annualized 5.7% yield but offering no new dividend-growth catalyst. Verizon Keeps Quarterly Dividend at $0.7075
• Negative Sentiment: Verizon removed its price-lock guarantee from the myPlan offering, potentially weakening a customer-friendly perk and signaling greater pricing flexibility in a competitive market. Verizon scales back its price-lock guarantee
• Negative Sentiment: CEO Kyle Malady sold $54,978 of shares under a pre-arranged Rule 10b5-1 plan. The transaction is relatively small but may create modest caution among investors. Verizon CEO sells shares

Hedge Funds Weigh In On Verizon Communications

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Cornerstone Financial Management LLC raised its holdings in shares of Verizon Communications by 6.2% in the 2nd quarter. Cornerstone Financial Management LLC now owns 3,568 shares of the cell phone carrier’s stock worth $151,000 after purchasing an additional 207 shares during the period. RKL Wealth Management LLC grew its holdings in Verizon Communications by 4.3% during the first quarter. RKL Wealth Management LLC now owns 5,338 shares of the cell phone carrier’s stock valued at $268,000 after purchasing an additional 218 shares during the period. Manchester Financial Inc. grew its holdings in Verizon Communications by 0.6% during the second quarter. Manchester Financial Inc. now owns 34,924 shares of the cell phone carrier’s stock valued at $1,479,000 after purchasing an additional 218 shares during the period. Strategic Investment Solutions Inc. IL increased its position in Verizon Communications by 8.6% in the fourth quarter. Strategic Investment Solutions Inc. IL now owns 2,765 shares of the cell phone carrier’s stock worth $113,000 after buying an additional 219 shares during the last quarter. Finally, Frazier Financial Advisors LLC increased its position in Verizon Communications by 32.7% in the first quarter. Frazier Financial Advisors LLC now owns 888 shares of the cell phone carrier’s stock worth $45,000 after buying an additional 219 shares during the last quarter. 62.06% of the stock is owned by hedge funds and other institutional investors.

Verizon Communications Company Profile

Verizon Communications Inc is a telecommunications company that provides wireless communications, broadband, and related technology services. Its offerings include mobile voice and data plans, 5G connectivity, fixed wireless access, fiber-optic internet through Verizon Fios, home services, and connected-device solutions.

Through Verizon Business, the company serves enterprises, government agencies, and other organizations with communications networks, managed connectivity, cybersecurity, cloud and edge-computing services, unified communications, and Internet of Things solutions.