
Verizon Communications Inc. (NYSE:VZ – Free Report) – Analysts at Zacks Research lowered their FY2026 earnings per share (EPS) estimates for shares of Verizon Communications in a note issued to investors on Friday, January 16th. Zacks Research analyst Team now anticipates that the cell phone carrier will earn $4.80 per share for the year, down from their previous estimate of $4.82. The consensus estimate for Verizon Communications’ current full-year earnings is $4.69 per share. Zacks Research also issued estimates for Verizon Communications’ Q4 2026 earnings at $1.15 EPS, Q4 2027 earnings at $1.17 EPS and FY2027 earnings at $5.03 EPS.
A number of other brokerages also recently commented on VZ. Morgan Stanley reduced their price objective on Verizon Communications from $48.00 to $47.00 and set an “equal weight” rating on the stock in a research report on Wednesday, December 10th. Scotiabank raised their target price on Verizon Communications from $50.50 to $51.00 and gave the stock a “sector perform” rating in a research note on Thursday, October 30th. BNP Paribas cut shares of Verizon Communications from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, October 21st. Royal Bank Of Canada dropped their price objective on shares of Verizon Communications from $46.00 to $44.00 and set a “sector perform” rating for the company in a report on Thursday, October 30th. Finally, Wall Street Zen downgraded shares of Verizon Communications from a “buy” rating to a “hold” rating in a research note on Friday, September 26th. Two equities research analysts have rated the stock with a Strong Buy rating, six have given a Buy rating and twelve have issued a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $47.25.
Verizon Communications Stock Performance
VZ opened at $39.08 on Monday. Verizon Communications has a twelve month low of $38.39 and a twelve month high of $47.35. The firm has a market capitalization of $164.78 billion, a PE ratio of 8.35, a PEG ratio of 3.71 and a beta of 0.34. The company has a current ratio of 0.74, a quick ratio of 0.69 and a debt-to-equity ratio of 1.19. The firm’s 50-day moving average price is $40.47 and its 200 day moving average price is $41.69.
Verizon Communications (NYSE:VZ – Get Free Report) last announced its earnings results on Wednesday, October 29th. The cell phone carrier reported $1.21 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.19 by $0.02. The company had revenue of $33.82 billion for the quarter, compared to analysts’ expectations of $34.19 billion. Verizon Communications had a net margin of 14.43% and a return on equity of 19.31%. The firm’s quarterly revenue was up 1.5% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.19 EPS.
Verizon Communications Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Monday, February 2nd. Investors of record on Monday, January 12th will be paid a dividend of $0.69 per share. This represents a $2.76 dividend on an annualized basis and a dividend yield of 7.1%. The ex-dividend date is Monday, January 12th. Verizon Communications’s dividend payout ratio is presently 58.97%.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently made changes to their positions in the business. Advantage Trust Co grew its stake in shares of Verizon Communications by 549.5% during the 2nd quarter. Advantage Trust Co now owns 591 shares of the cell phone carrier’s stock valued at $26,000 after buying an additional 500 shares during the period. TruNorth Capital Management LLC boosted its holdings in Verizon Communications by 95.3% in the third quarter. TruNorth Capital Management LLC now owns 625 shares of the cell phone carrier’s stock valued at $27,000 after acquiring an additional 305 shares during the last quarter. Holos Integrated Wealth LLC purchased a new stake in Verizon Communications during the fourth quarter valued at about $28,000. Foster Dykema Cabot & Partners LLC acquired a new stake in Verizon Communications during the third quarter worth about $29,000. Finally, Global Wealth Strategies & Associates increased its stake in Verizon Communications by 739.5% during the third quarter. Global Wealth Strategies & Associates now owns 680 shares of the cell phone carrier’s stock worth $30,000 after acquiring an additional 599 shares during the last quarter. 62.06% of the stock is owned by institutional investors and hedge funds.
About Verizon Communications
Verizon Communications Inc (NYSE: VZ) is a major U.S.-based telecommunications company that provides a broad range of communications and information services. Its operations span consumer and business markets, with core offerings that include wireless voice and data services, fixed-line broadband and fiber-optic services, and enterprise networking solutions. Verizon is headquartered in New York City and operates a nationwide wireless network that supports consumer subscribers as well as business and government customers.
The company’s consumer products include mobile phone plans, unlimited data services, and Fios, its branded fiber-optic internet, television and voice service for homes and small businesses.
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