In the last trading session, 21.87 million shares of the Verizon Communications Inc (NYSE:VZ) were traded, and its beta was 0.36. Most recently the company’s share price was $42.8, and it changed around -$0.75 or -1.72% from the last close, which brings the market valuation of the company to $180.46B. VZ currently trades at a discount to its 52-week high of $47.35, offering almost -10.63% off that amount. The share price’s 52-week low was $37.58, which indicates that the current value has risen by an impressive 12.2% since then. We note from Verizon Communications Inc’s average daily trading volume that its 10-day average is 17.83 million shares, with the 3-month average coming to 19.50 million.
Verizon Communications Inc stock received a consensus recommendation rating of Hold, based on a mean score of 2.35. If we narrow it down even further, the data shows that 0 out of 26 analysts rate the stock as a Sell; another 6 rate it as Overweight. Among the rest, 13 recommended VZ as a Hold, whereas 7 deemed it a Buy, and 0 rated it as Underweight. Verizon Communications Inc is expected to report earnings per share of 1.2 for the current quarter.
Verizon Communications Inc (NYSE:VZ) trade information
Instantly VZ has showed a red trend with a performance of -1.72% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 44.03 on recent trading dayincreased the stock’s daily price by 2.79%. The company’s shares are currently up 4.14% year-to-date, but still up 1.16% over the last five days. On the other hand, Verizon Communications Inc (NYSE:VZ) is -1.02% down in the 30-day period. We can see from the shorts that 86.27 million shares have been sold at a short interest cover period of 5.83 day(s).
The consensus price target as assigned by Wall Street analysts is $45, which translates to bulls needing to increase their stock price by 4.89% from its current value. Analyst projections state that VZ is forecast to be at a low of $45 and a high of $45.
Verizon Communications Inc (VZ) estimates and forecasts
The year-over-year growth rate is expected to be 1.70%, up from the previous year.
Consensus estimates provided by 16 financial analysts predict the company will bring in an average of 33.55B in revenue for the current quarter. 14 analysts expect Verizon Communications Inc to make 33.95B in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 32.8B and 33.33B respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 2.30%. Forecasts for the next quarter put sales growth at 1.86%.
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -2.29%. Verizon Communications Inc earnings are expected to increase by 1.88% in 2025, but the outlook is positive 2.98% per year for the next five years.
VZ Dividends
Verizon Communications Inc’s next quarterly earnings report is expected to be released on 2025-Apr-22. The annual dividend yield of the stock is 6.31 percent and its annual dividend per share was 2.70. It is important to note, however, that the 6.31% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision. The average dividend yield for the past five years averaged 5.79 per year.
Verizon Communications Inc (NYSE:VZ)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 0.03% of Verizon Communications Inc shares, and 67.47% of them are in the hands of institutional investors. The stock currently has a share float of 67.50%. Verizon Communications Inc stock is held by 3710.0 institutions, with VANGUARD GROUP INC being the largest institutional investor. By 2024-06-30, it held 8.3995% of the shares, which is about 354.04 million shares worth $14.6 billion.
BLACKROCK INC., with 8.2769% or 348.87 million shares worth $14.39 billion as of 2024-06-30, holds the second largest percentage of outstanding shares.
VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard 500 Index Fund were the top two Mutual Funds as of Mar 31, 2025 . The former held 119.74 shares worth $5.13 billion, making up 2.84% of all outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard 500 Index Fund held roughly 116.97 shares worth around $5.01 billion, which represents about 2.77% of the total shares outstanding.
