Verizon Communications (NYSE:VZ) Issues FY 2025 Earnings Guidance

Verizon Communications (NYSE:VZ) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided EPS guidance of 4.590-4.730 for the period, compared to the consensus EPS estimate of 4.670. The company issued revenue guidance of -.

Verizon Communications Price Performance

Verizon Communications stock opened at $43.46 on Wednesday. The business’s fifty day moving average is $41.73 and its two-hundred day moving average is $42.04. The company has a debt-to-equity ratio of 1.21, a quick ratio of 0.59 and a current ratio of 0.63. The firm has a market cap of $182.95 billion, a P/E ratio of 10.50, a P/E/G ratio of 4.45 and a beta of 0.41. Verizon Communications has a 52 week low of $37.59 and a 52 week high of $47.36.

Verizon Communications (NYSE:VZ) last issued its quarterly earnings data on Friday, January 24th. The cell phone carrier reported $1.10 EPS for the quarter, missing analysts’ consensus estimates of $1.11 by ($0.01). Verizon Communications had a return on equity of 19.80% and a net margin of 12.99%. During the same quarter in the prior year, the business posted $1.08 EPS. Equities research analysts forecast that Verizon Communications will post 4.69 earnings per share for the current fiscal year.

Verizon Communications Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, May 1st. Shareholders of record on Thursday, April 10th will be issued a dividend of $0.6775 per share. This represents a $2.71 annualized dividend and a yield of 6.24%. The ex-dividend date of this dividend is Thursday, April 10th. Verizon Communications’s dividend payout ratio is 65.46%.

Analyst Ratings Changes

A number of research firms have recently weighed in on VZ. Scotiabank boosted their target price on Verizon Communications from $47.50 to $48.00 and gave the stock a “sector perform” rating in a research report on Monday, March 3rd. Deutsche Bank Aktiengesellschaft upped their target price on shares of Verizon Communications from $40.00 to $42.00 and gave the company a “hold” rating in a research report on Friday, January 24th. DZ Bank upgraded shares of Verizon Communications from a “hold” rating to a “buy” rating and set a $40.00 price target for the company in a research report on Wednesday, January 29th. UBS Group increased their price objective on shares of Verizon Communications from $44.00 to $45.00 and gave the company a “neutral” rating in a report on Friday, December 20th. Finally, TD Cowen raised shares of Verizon Communications to a “strong-buy” rating in a report on Wednesday, January 15th. Ten equities research analysts have rated the stock with a hold rating, seven have assigned a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat, Verizon Communications currently has a consensus rating of “Moderate Buy” and a consensus target price of $46.71.

Insider Activity at Verizon Communications

In related news, EVP Vandana Venkatesh sold 10,000 shares of Verizon Communications stock in a transaction dated Tuesday, February 25th. The stock was sold at an average price of $43.79, for a total value of $437,900.00. Following the sale, the executive vice president now owns 14,459 shares of the company’s stock, valued at approximately $633,159.61. The trade was a 40.88 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Kyle Malady sold 20,000 shares of the company’s stock in a transaction dated Monday, January 27th. The stock was sold at an average price of $40.54, for a total value of $810,800.00. Following the sale, the chief executive officer now owns 45,675 shares in the company, valued at $1,851,664.50. The trade was a 30.45 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 49,085 shares of company stock valued at $2,020,895. 0.02% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Verizon Communications

A hedge fund recently raised its stake in Verizon Communications stock. Brighton Jones LLC raised its position in Verizon Communications Inc. (NYSE:VZ) by 61.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 43,986 shares of the cell phone carrier’s stock after acquiring an additional 16,704 shares during the quarter. Brighton Jones LLC’s holdings in Verizon Communications were worth $1,759,000 at the end of the most recent reporting period. 62.06% of the stock is currently owned by institutional investors.

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).