Verizon Communications, Inc. (VZ)

NYSE: VZ · IEX Real-Time Price · USD
45.34
-0.46 (-1.00%)
At close: Aug 17, 2022 4:00 PM
45.30
-0.04 (-0.09%)
After-hours: Aug 17, 2022 6:11 PM EDT
-1.00%
Market Cap 190.41B
Revenue (ttm) 134.33B
Net Income (ttm) 20.80B
Shares Out 4.20B
EPS (ttm) 4.98
PE Ratio 9.10
Forward PE 8.72
Dividend $2.56 (5.65%)
Ex-Dividend Date Jul 7, 2022
Volume 11,271,754
Open 45.43
Previous Close 45.80
Day's Range 45.26 - 45.72
52-Week Range 43.77 - 56.07
Beta 0.31
Analysts Hold
Price Target 54.11 (+19.3%)
Earnings Date Jul 22, 2022

About VZ

Verizon Communications Inc., through its subsidiaries, offers communications, technology, information, and entertainment products and services to consumers, businesses, and governmental entities worldwide. Its Consumer segment provides postpaid and prepaid service plans; internet access on notebook computers and tablets; wireless equipment, including smartphones and other handsets; and wireless-enabled internet devices, such as tablets, and other wireless-enabled connected devices comprising smart watches. It also provides residential fixed con... [Read more...]

Industry Diversified Telecommunication Services
IPO Date Jul 3, 2000
CEO Hans Vestberg
Employees 119,400
Stock Exchange NYSE
Ticker Symbol VZ
Full Company Profile

Financial Performance

In 2021, VZ's revenue was $133.61 billion, an increase of 4.15% compared to the previous year's $128.29 billion. Earnings were $22.07 billion, an increase of 23.95%.

Financial Statements

Analyst Forecast

According to 39 analysts, the average rating for VZ stock is "Hold." The 12-month stock price forecast is 54.11, which is an increase of 19.34% from the latest price.

Price Target
$54.11
(19.34% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Verizon “Fuels the Love” in Cincinnati

•  Part of the company's #ACallForKindness campaign which aims to make the world a kinder place, one act at a time

Warren Buffett Finally Throws In The Towel On 4 Lousy Stocks

Warren Buffett likes to say his favorite holding period for an S&P 500 stock is forever. But that's definitely not always the case.

Other symbols: GMSTORUSB

Fujifilm Group Deploys Verizon Business Group's Advanced Security Operations Center

TOKYO, Aug. 16, 2022 (GLOBE NEWSWIRE) -- Verizon Business is supporting Japan's FUJIFILM Holdings and its subsidiaries to strengthen its global cybersecurity monitoring and cyber intelligence capabiliti...

Warren Buffett boosts Big Tech bets as other billionaires dump stocks

"The Oracle of Omaha" bought stocks despite mounting fears of a market crash.

Other symbols: AMZNATVICVXGMOXY

Buffett's Portfolio Changes Show Business As Usual

Warren Buffett (Trades, Portfolio)'s Berkshire Hathaway ( BRK.A , Financial) ( BRK.B , Financial) made some interesting changes to its portfolio in the second quarter of 2022. I say "Buffett's Berkshire...

Other symbols: AAPLATVICVXOXY

Warren Buffett's Berkshire Takes Another Bite Of Apple, Boosts Energy Holdings, Cashes Out Of Verizon: What 13F Filin...

Warren Buffett-owned Berkshire Hathaway, Inc.'s (NYSE: BRK-A) (NYSE: BRK-B) portfolio saw some noteworthy and a few other nominal changes in the second quarter, according to the company's 13F filing.

Verizon teams up with Ohio mural artist to spread #ACallForKindness in Columbus

COLUMBUS, Ohio, Aug. 16, 2022 (GLOBE NEWSWIRE) -- Verizon teamed up with Columbus, Ohio, artist Sarah Hout to create a new custom mural to spread the love as part of Verizon's campaign, A Call for Kindn...

Warren Buffett Ramps Up Occidental and Apple Stakes, Dumps Verizon

Warren Buffett (Trades, Portfolio)'s multibillion-dollar conglomerate, Berkshire Hathaway Inc. ( BRK.A , Financial)( BRK.B , Financial), disclosed its equity portfolio for the second quarter of 2022 on ...

Berkshire Hathaway Bought Apple, Chevron Stock, Sold GM, Verizon

Berkshire Hathaway's purchases were modest in the quarter relative to heavy buying in first quarter.

Other symbols: AAPLCVXGM

Berkshire Hathaway Bought Apple, Chevron Stock, Sold GM, Verizon in Q2

Berkshire Hathaway's purchases were modest in the quarter relative to heavy buying in first quarter.

Other symbols: AAPLCVXGM

Warren Buffett's Berkshire Hathaway topped up its Apple and Chevron stakes last quarter - and sold the last of its Ve...

Buffett's company boosted its bets on Activision Blizzard and Paramount, but trimmed its wagers on General Motors and Kroger.

Other symbols: AAPLCVX

Buffett's Berkshire more than triples Ally stake, sheds Verizon

Warren Buffett's Berkshire Hathaway Inc on Monday said it more than tripled its stake in the online banking company Ally Financial Inc, while shedding its stakes in Verizon Communications Inc and Royalt...

Other symbols: ALLYRPRX

These Ultra-High-Yield Dividend Stocks Can Bring Major Compounding to Your Portfolio

Although each individual dividend payment might seem small on its own, when you harness them to drive compound growth, they can work wonders.

Other symbols: BRMKENB

Verizon and Hi-Rez team to give Rogue Company players an enhanced mobile experience with 5G

ATLANTA and NEW YORK, Aug. 15, 2022 (GLOBE NEWSWIRE) -- Verizon and Hi-Rez are taking mobile games to a new level with Verizon 5G Ultra Wideband by offering an enhanced mobile experience in Hi-Rez's new...

3 Dividend Stocks to Double Up On Right Now

A sell-off in these dividend stocks makes them look like even more attractive buys.

Other symbols: KMIMPW

3 Passive Income Generators Down Between 11% and 34% to Buy Hand Over Fist

These stocks look increasingly promising thanks to the combination of declining share prices and rising dividend yields.

Other symbols: POOLTSCO

Verizon's ‘Fuel the Love' Campaign Arrives in Tampa

Tampa residents are surprised with free gas on Verizon Tampa residents are surprised with free gas on Verizon

Verizon helps block 11B spam texts, 26.5B Robocalls and counting

If you or someone you know receives a spam text message, report it by simply forwarding the message to 7726 (SPAM) from your mobile phone. If you or someone you know receives a spam text message, report...

Verizon's Wireless Problem May Be Bigger Than You Think

Like the telecom industry's other two stalwarts, it wasn't ready for this new competition that didn't exist a few years ago.

Verizon “Fuels the Love” in Las Vegas

Part of the company's #ACallForKindness campaign which aims to make the world a kinder place, one act at a time Part of the company's #ACallForKindness campaign which aims to make the world a kinder pla...

3 (Related) Reasons Merging HBO Max and Discovery+ Is a Mistake

This isn't a streaming product that consumers are clamoring for

Other symbols: TWBD

Should Retirees Sell This Dividend Stock After a Dud Quarter?

Verizon can still deliver where it counts most for passive-income seekers.

Verizon Business Selected to Transform Astellas Pharma's Global Network Infrastructure

Digital Transformation seen as critical enabler in delivering improved patient outcomes and future growth Digital Transformation seen as critical enabler in delivering improved patient outcomes and futu...

Verizon Frontline debuts THOR's Hammer

NEW YORK, Aug. 09, 2022 (GLOBE NEWSWIRE) -- Verizon Frontline today introduced THOR's (Tactical Humanitarian Operations Response) Hammer, the latest in its line of next-generation public safety communic...

Verizon to speak at Oppenheimer Conference August 10

NEW YORK, Aug. 09, 2022 (GLOBE NEWSWIRE) -- Sowmyanarayan Sampath, executive vice president for Verizon (NYSE, Nasdaq: VZ), and CEO for Verizon Business, is scheduled to speak at the 25th Annual Oppenhe...