Verizon Communications Inc. (NYSE:VZ – Free Report) – Research analysts at KeyCorp issued their Q1 2025 earnings per share (EPS) estimates for Verizon Communications in a report issued on Wednesday, October 23rd. KeyCorp analyst B. Nispel anticipates that the cell phone carrier will post earnings per share of $1.11 for the quarter. KeyCorp currently has a “Sector Weight” rating on the stock. The consensus estimate for Verizon Communications’ current full-year earnings is $4.58 per share. KeyCorp also issued estimates for Verizon Communications’ Q2 2025 earnings at $1.13 EPS, Q3 2025 earnings at $1.16 EPS and Q4 2025 earnings at $1.07 EPS.
Several other brokerages have also recently commented on VZ. Citigroup raised their price target on shares of Verizon Communications from $47.00 to $49.00 and gave the company a “buy” rating in a research report on Wednesday, September 25th. UBS Group boosted their target price on Verizon Communications from $43.00 to $44.00 and gave the stock a “neutral” rating in a research note on Wednesday, October 23rd. TD Cowen upped their price target on Verizon Communications from $48.00 to $51.00 and gave the stock a “buy” rating in a report on Tuesday, July 23rd. Scotiabank lifted their price objective on Verizon Communications from $46.50 to $47.25 and gave the company a “sector perform” rating in a research note on Friday, October 18th. Finally, Tigress Financial upped their target price on shares of Verizon Communications from $52.00 to $55.00 and gave the stock a “buy” rating in a research note on Tuesday, October 1st. Nine analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $46.37.
Verizon Communications Trading Up 0.6 %
Shares of VZ stock opened at $41.64 on Monday. Verizon Communications has a fifty-two week low of $33.84 and a fifty-two week high of $45.36. The company has a 50 day moving average price of $43.12 and a 200 day moving average price of $41.31. The stock has a market capitalization of $175.27 billion, a P/E ratio of 15.54, a price-to-earnings-growth ratio of 4.02 and a beta of 0.42. The company has a debt-to-equity ratio of 1.29, a quick ratio of 0.60 and a current ratio of 0.63.
Verizon Communications (NYSE:VZ – Get Free Report) last announced its earnings results on Tuesday, October 22nd. The cell phone carrier reported $1.19 EPS for the quarter, beating analysts’ consensus estimates of $1.18 by $0.01. The company had revenue of $33.30 billion during the quarter, compared to analysts’ expectations of $33.42 billion. Verizon Communications had a return on equity of 20.10% and a net margin of 8.38%. Verizon Communications’s revenue for the quarter was up .9% on a year-over-year basis. During the same period last year, the business posted $1.22 EPS.
Verizon Communications Increases Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Friday, November 1st. Shareholders of record on Thursday, October 10th will be issued a dividend of $0.678 per share. This is a positive change from Verizon Communications’s previous quarterly dividend of $0.67. The ex-dividend date is Thursday, October 10th. This represents a $2.71 annualized dividend and a dividend yield of 6.51%. Verizon Communications’s dividend payout ratio (DPR) is presently 101.12%.
Institutional Inflows and Outflows
Several institutional investors have recently added to or reduced their stakes in VZ. Lowe Brockenbrough & Co. Inc. boosted its stake in Verizon Communications by 1.5% during the 3rd quarter. Lowe Brockenbrough & Co. Inc. now owns 18,853 shares of the cell phone carrier’s stock worth $847,000 after purchasing an additional 285 shares during the period. Keystone Financial Planning Inc. boosted its stake in shares of Verizon Communications by 0.5% during the third quarter. Keystone Financial Planning Inc. now owns 244,014 shares of the cell phone carrier’s stock worth $10,959,000 after buying an additional 1,128 shares during the period. Murphy Pohlad Asset Management LLC boosted its stake in shares of Verizon Communications by 10.1% during the third quarter. Murphy Pohlad Asset Management LLC now owns 11,865 shares of the cell phone carrier’s stock worth $533,000 after buying an additional 1,085 shares during the period. Americana Partners LLC increased its position in Verizon Communications by 0.7% in the 3rd quarter. Americana Partners LLC now owns 95,307 shares of the cell phone carrier’s stock valued at $4,280,000 after acquiring an additional 631 shares during the period. Finally, Gladstone Institutional Advisory LLC raised its stake in Verizon Communications by 41.2% during the 3rd quarter. Gladstone Institutional Advisory LLC now owns 87,567 shares of the cell phone carrier’s stock valued at $3,933,000 after acquiring an additional 25,536 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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