Verizon Communications Inc (NYSE:VZ) has a beta value of 0.36 and has seen 5.68 million shares traded in the recent trading session. The company, currently valued at $174.05B, closed the recent trade at $41.28 per share which meant it gained $0.02 on the day or 0.05% during that session. The VZ stock price is -14.7% off its 52-week high price of $47.35 and 8.96% above the 52-week low of $37.58. If we look at the company’s 10-day average daily trading volume, we find that it stood at 18.82 million shares traded. The 3-month trading volume is 17.52 million shares.
The consensus among analysts is that Verizon Communications Inc (VZ) is Buy stock at the moment, with a recommendation rating of 2.32. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 6 out of 18 have rated it as a Hold, with 12 advising it as a Buy. 0 have rated the stock as Underweight.
Verizon Communications Inc (NYSE:VZ) trade information
Sporting 0.05% in the green today, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the VZ stock price touched $41.28 or saw a rise of 2.13%. Year-to-date, Verizon Communications Inc shares have moved -0.36%, while the 5-day performance has seen it change -3.12%. Over the past 30 days, the shares of Verizon Communications Inc (NYSE:VZ) have changed -4.02%. Short interest in the company has seen 86.27 million shares shorted with days to cover at 5.83.
Wall Street analysts have a consensus price target for the stock at $45, which means that the shares’ value could jump 8.27% from the levels at last check today.. The projected low price target is $45.0 while the price target rests at a high of $45.0. In that case, then, we find that the latest price level in today’s session is -9.01% off the targeted high while a plunge would see the stock gain -9.01% from the levels at last check today..
Verizon Communications Inc (VZ) estimates and forecasts
The company’s shares have gained 8.29% over the past 6 months.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -2.29% over the past 5 years. Earnings growth for 2025 is a modest 1.77% while over the next 5 years, the company’s earnings are expected to increase by 2.98%.
VZ Dividends
Verizon Communications Inc is expected to release its next earnings report on 2025-Apr-22 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 2.71 at a share yield of 6.57%. The company’s dividend yield has gone up over the past 12 months, with a 5 Year Average Dividend Yield of 5.79%.
Verizon Communications Inc (NYSE:VZ)’s Major holders
Insiders own 0.03% of the company shares, while shares held by institutions stand at 67.47% with a share float percentage of 67.50%. Investors are also buoyed by the number of investors in a company, with Verizon Communications Inc having a total of 3710.0 institutions that hold shares in the company. The top two institutional holders are VANGUARD GROUP INC with over 354.04 million shares worth more than $14.6 billion. As of 2024-06-30, VANGUARD GROUP INC held 8.3995% of shares outstanding.
The other major institutional holder is BLACKROCK INC., with the holding of over 348.87 million shares as of 2024-06-30. The firm’s total holdings are worth over $14.39 billion and represent 8.2769% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard 500 Index Fund . As of Mar 31, 2025 , the former fund manager holds about 2.84% shares in the company for having 119.74 shares of worth $4.94 billion while later fund manager owns 116.97 shares of worth $4.83 billion as of Mar 31, 2025 , which makes it owner of about 2.77% of company’s outstanding stock.
