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 -.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on the stock. StockNews.com lowered shares of Verizon Communications from a “strong-buy” rating to a “buy” rating in a report on Thursday, March 13th. TD Cowen raised Verizon Communications to a “strong-buy” rating in a research note on Wednesday, January 15th. Sanford C. Bernstein began coverage on Verizon Communications in a report on Tuesday, December 10th. They set a “market perform” rating and a $48.00 target price for the company. UBS Group lifted their price target on Verizon Communications from $44.00 to $45.00 and gave the stock a “neutral” rating in a research note on Friday, December 20th. Finally, DZ Bank raised Verizon Communications from a “hold” rating to a “buy” rating and set a $40.00 price objective for the company in a research note on Wednesday, January 29th. Ten investment analysts have rated the stock with a hold rating, seven have given a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $46.71.

Verizon Communications Price Performance

Shares of NYSE VZ opened at $44.18 on Thursday. Verizon Communications has a 1 year low of $37.59 and a 1 year high of $47.36. The stock has a market capitalization of $185.99 billion, a P/E ratio of 10.67, a P/E/G ratio of 4.45 and a beta of 0.41. The company’s 50-day moving average is $41.85 and its 200 day moving average is $42.05. The company has a debt-to-equity ratio of 1.21, a current ratio of 0.63 and a quick ratio of 0.59.

Verizon Communications (NYSE:VZ) last posted its earnings results on Friday, January 24th. The cell phone carrier reported $1.10 earnings per share 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 period in the previous year, the company posted $1.08 EPS. On average, sell-side analysts expect that Verizon Communications will post 4.69 earnings per share for the current year.

Verizon Communications Announces Dividend

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 $0.6775 dividend. The ex-dividend date of this dividend is Thursday, April 10th. This represents a $2.71 dividend on an annualized basis and a yield of 6.13%. Verizon Communications’s dividend payout ratio (DPR) is 65.46%.

Insider Activity

In other Verizon Communications news, EVP Vandana Venkatesh sold 10,000 shares of the business’s stock in a transaction on 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 directly 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 SEC, which can be accessed through this link. Also, CEO Kyle Malady sold 20,000 shares of the firm’s stock in a transaction on Monday, January 27th. The shares were sold at an average price of $40.54, for a total value of $810,800.00. Following the transaction, the chief executive officer now owns 45,675 shares of the company’s stock, valued at $1,851,664.50. The trade was a 30.45 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 49,085 shares of company stock worth $2,020,895. Corporate insiders own 0.02% of the company’s stock.

Hedge Funds Weigh In On Verizon Communications

A hedge fund recently raised its stake in Verizon Communications stock. Brighton Jones LLC grew its holdings in Verizon Communications Inc. (NYSE:VZ) by 61.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 43,986 shares of the cell phone carrier’s stock after purchasing an additional 16,704 shares during the period. Brighton Jones LLC’s holdings in Verizon Communications were worth $1,759,000 as of its most recent SEC filing. 62.06% of the stock is 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).