Verizon Communications Inc. (VZ)

Market Cap	181.65B
Revenue (ttm)	134.24B
Net Income (ttm)	9.80B
Shares Out	4.21B
EPS (ttm)	2.31
PE Ratio	18.66
Forward PE	9.19
Dividend	$2.71 (6.29%)
Ex-Dividend Date	Oct 10, 2024

Volume	12,996,605
Open	42.60
Previous Close	42.50
Day's Range	42.34 - 43.34
52-Week Range	36.46 - 45.36
Beta	0.42
Analysts	Buy
Price Target	46.00 (+6.61%)
Earnings Date	Oct 22, 2024

About VZ

Verizon Communications Inc., through its subsidiaries, engages in the provision of communications, technology, information, and entertainment products and services to consumers, businesses, and governmental entities worldwide. It operates in two segments, Verizon Consumer Group (Consumer) and Verizon Business Group (Business). The Consumer segment provides wireless services across the wireless networks in the United States under the Verizon and TracFone brands and through wholesale and other arrangements; and fixed wireless access (FWA) broadba...

• Industry: Telecom Services
• Sector: Communication Services
• IPO Date: Jul 3, 2000
• Employees: 105,400
• Stock Exchange: NYSE
• Ticker Symbol: VZ
• Website: https://www.verizon.com

Financial Performance

In 2023, Verizon's revenue was $133.97 billion, a decrease of -2.09% compared to the previous year's $136.84 billion. Earnings were $11.61 billion, a decrease of -45.36%.

Analyst Forecast

According to 17 analysts, the average rating for VZ stock is "Buy." The 12-month stock price forecast is $46.0, which is an increase of 6.61% from the latest price.

Price Target

$46.0

(6.61% upside)

Analyst Consensus: Buy