In recent trading session, Verizon Communications Inc (NYSE:VZ) saw 2.89 million shares changing hands at last check today with its beta currently measuring 0.37. Company’s recent per share price level of $43.62 trading at $0.14 or 0.33% at last check today assigns it a market valuation of $183.93B. That most recent trading price of VZ’s stock is at a discount of -8.55% from its 52-week high price of $47.35 and is indicating a premium of 13.85% from its 52-week low price of $37.58.
For Verizon Communications Inc (VZ), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 2.35. Splitting up the data highlights that, out of 18 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 6 suggested the stock as a Hold whereas 12 see the stock as a Buy. 0 analyst(s) advised it as an Underweight.
Verizon Communications Inc (NYSE:VZ) trade information
Verizon Communications Inc’s shares saw a change of 9.09% in year-to-date performance and have moved 0.03% in past 5-day. Verizon Communications Inc (NYSE:VZ) showed a performance of 0.03% in past 30-days.
Wall Street analysts have assigned a consensus price target of 45 to the stock, which implies a rise of 3.07% to its recent value today. Analysts have been projecting 45 as a low price target for the stock while placing it at a high target of 45. It follows that stock’s current price would drop -3.16% in reaching the projected high whereas dropping to the targeted low would mean a loss of -3.16% for stock’s current value.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -2.29% during past 5 years. In 2025, company’s earnings growth rate is likely to be around 2.01% while estimates for its earnings growth in next 5 years are of 3.07%.
Verizon Communications Inc (NYSE:VZ)’s Major holders
VANGUARD GROUP INC is the top institutional holder at VZ for having 354.04 million shares of worth $14.6 billion. And as of 2024-06-30, it was holding 8.3995 of the company’s outstanding shares.
The second largest institutional holder is BLACKROCK INC., which was holding about 348.87 million shares on 2024-06-30. The number of shares represents firm’s hold over 8.2769 of outstanding shares, having a total worth of $14.39 billion.
On the other hand, VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard 500 Index Fund are the top two Mutual Funds which own company’s shares. As of Dec 31, 2024 , the former fund manager was holding 118.72 shares of worth $5.18 billion or 2.82% of the total outstanding shares. The later fund manager was in possession of 113.95 shares on Dec 31, 2024 , making its stake of worth around $4.97 billion in the company or a holder of 2.70% of company’s stock.
