Verizon Communications Inc. (NYSE:VZ – Free Report) – Stock analysts at Zacks Research dropped their FY2025 earnings per share estimates for Verizon Communications in a research note issued on Monday, December 16th. Zacks Research analyst R. Department now expects that the cell phone carrier will post earnings of $4.70 per share for the year, down from their prior estimate of $4.72. The consensus estimate for Verizon Communications’ current full-year earnings is $4.61 per share. Zacks Research also issued estimates for Verizon Communications’ Q4 2025 earnings at $1.19 EPS and FY2026 earnings at $4.74 EPS.
Verizon Communications (NYSE:VZ – Get Free Report) last issued its quarterly earnings results on Tuesday, October 22nd. The cell phone carrier reported $1.19 EPS for the quarter, topping the consensus estimate of $1.18 by $0.01. The business had revenue of $33.30 billion for the quarter, compared to analysts’ expectations of $33.42 billion. Verizon Communications had a net margin of 7.30% and a return on equity of 20.05%. The company’s quarterly revenue was up .9% compared to the same quarter last year. During the same quarter last year, the company posted $1.22 earnings per share.
Verizon Communications Stock Performance
Verizon Communications stock traded down $0.22 during mid-day trading on Thursday, reaching $40.02. The company’s stock had a trading volume of 3,103,796 shares, compared to its average volume of 18,311,992. The company has a current ratio of 0.66, a quick ratio of 0.62 and a debt-to-equity ratio of 1.32. Verizon Communications has a twelve month low of $37.15 and a twelve month high of $45.36. The business has a 50 day moving average price of $42.29 and a 200-day moving average price of $41.89. The firm has a market cap of $168.47 billion, a price-to-earnings ratio of 17.25, a PEG ratio of 3.05 and a beta of 0.44.
Verizon Communications Cuts Dividend
The business also recently declared a quarterly dividend, which will be paid on Monday, February 3rd. Investors of record on Friday, January 10th will be issued a dividend of $0.6775 per share. This represents a $2.71 annualized dividend and a dividend yield of 6.77%. The ex-dividend date of this dividend is Friday, January 10th. Verizon Communications’s dividend payout ratio is currently 116.81%.
Institutional Trading of Verizon Communications
A number of institutional investors have recently bought and sold shares of the company. Charles Schwab Investment Management Inc. lifted its stake in shares of Verizon Communications by 6.2% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 101,273,082 shares of the cell phone carrier’s stock valued at $4,548,163,000 after purchasing an additional 5,936,009 shares during the last quarter. International Assets Investment Management LLC raised its holdings in Verizon Communications by 4,520.3% during the third quarter. International Assets Investment Management LLC now owns 4,815,534 shares of the cell phone carrier’s stock valued at $216,266,000 after buying an additional 4,711,309 shares in the last quarter. Healthcare of Ontario Pension Plan Trust Fund acquired a new stake in shares of Verizon Communications in the third quarter worth about $177,799,000. Janus Henderson Group PLC boosted its stake in shares of Verizon Communications by 77.1% during the 3rd quarter. Janus Henderson Group PLC now owns 6,101,616 shares of the cell phone carrier’s stock worth $274,052,000 after acquiring an additional 2,656,396 shares in the last quarter. Finally, Geode Capital Management LLC increased its holdings in shares of Verizon Communications by 2.2% during the 3rd quarter. Geode Capital Management LLC now owns 95,824,245 shares of the cell phone carrier’s stock valued at $4,289,054,000 after acquiring an additional 2,081,241 shares during the last quarter. Institutional investors and hedge funds own 62.06% of the company’s stock.
Verizon Communications Company Profile
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).
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