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

Verizon Communications (NYSE:VZ) issued an update on its FY 2025 earnings guidance on Friday morning. The company provided EPS guidance of 4.590-4.730 for the period, compared to the consensus EPS estimate of 4.710. The company issued revenue guidance of -.

Wall Street Analyst Weigh In

VZ has been the topic of a number of recent research reports. UBS Group lifted their target price on Verizon Communications from $44.00 to $45.00 and gave the company a “neutral” rating in a research report on Friday, December 20th. Scotiabank lifted their price objective on shares of Verizon Communications from $46.50 to $47.25 and gave the company a “sector perform” rating in a report on Friday, October 18th. Wolfe Research increased their target price on shares of Verizon Communications from $50.00 to $51.00 and gave the stock an “overweight” rating in a report on Friday. Tigress Financial raised their target price on shares of Verizon Communications from $52.00 to $55.00 and gave the company a “buy” rating in a research report on Tuesday, October 1st. Finally, Deutsche Bank Aktiengesellschaft boosted their price target on shares of Verizon Communications from $40.00 to $42.00 and gave the stock a “hold” rating in a research report on Friday. Eleven investment analysts have rated the stock with a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $46.29.

Verizon Communications Stock Up 0.9 %

VZ opened at $39.54 on Friday. The company has a current ratio of 0.66, a quick ratio of 0.62 and a debt-to-equity ratio of 1.32. The stock’s fifty day simple moving average is $40.85 and its 200 day simple moving average is $41.61. Verizon Communications has a 1-year low of $37.58 and a 1-year high of $45.36. The stock has a market cap of $166.43 billion, a PE ratio of 17.04, a price-to-earnings-growth ratio of 3.27 and a beta of 0.46.

Verizon Communications (NYSE:VZ) last issued its quarterly earnings data on Friday, January 24th. The cell phone carrier reported $1.10 earnings per share for the quarter, missing the consensus estimate of $1.11 by ($0.01). Verizon Communications had a net margin of 7.30% and a return on equity of 20.05%. During the same quarter in the prior year, the business earned $1.08 earnings per share. As a group, research analysts expect that Verizon Communications will post 4.59 earnings per share for the current year.

Verizon Communications Cuts Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, February 3rd. Stockholders of record on Friday, January 10th will be issued a dividend of $0.6775 per share. This represents a $2.71 dividend on an annualized basis and a dividend yield of 6.85%. The ex-dividend date of this dividend is Friday, January 10th. Verizon Communications’s dividend payout ratio is presently 116.81%.

About Verizon Communications

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).