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

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

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on the company. Royal Bank of Canada restated a “sector perform” rating and set a $45.00 price objective (up from $42.00) on shares of Verizon Communications in a research report on Tuesday. UBS Group raised their price target on shares of Verizon Communications from $44.00 to $45.00 and gave the stock a “neutral” rating in a report on Friday, December 20th. StockNews.com downgraded shares of Verizon Communications from a “strong-buy” rating to a “buy” rating in a research report on Thursday, March 13th. TD Cowen upgraded shares of Verizon Communications to a “strong-buy” rating in a research report on Wednesday, January 15th. Finally, Wolfe Research lowered shares of Verizon Communications from an “outperform” rating to a “peer perform” rating in a report on Wednesday, March 12th. Ten 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. Based on data from MarketBeat.com, Verizon Communications has an average rating of “Moderate Buy” and a consensus target price of $46.71.

Verizon Communications Price Performance

Shares of VZ opened at $44.18 on Thursday. The stock has a market cap 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 business’s fifty day moving average is $41.85 and its 200 day moving average is $42.05. The company has a quick ratio of 0.59, a current ratio of 0.63 and a debt-to-equity ratio of 1.21. Verizon Communications has a 12-month low of $37.59 and a 12-month 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 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.11 by ($0.01). Verizon Communications had a net margin of 12.99% and a return on equity of 19.80%. During the same quarter last year, the firm earned $1.08 EPS. Sell-side analysts anticipate that Verizon Communications will post 4.69 earnings per share for the current fiscal year.

Verizon Communications Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, May 1st. Stockholders of record on Thursday, April 10th will be paid a $0.6775 dividend. This represents a $2.71 annualized dividend and a dividend yield of 6.13%. The ex-dividend date is Thursday, April 10th. Verizon Communications’s dividend payout ratio (DPR) is presently 65.46%.

Insider Activity

In other Verizon Communications news, CEO Kyle Malady sold 20,000 shares of the company’s stock in a transaction dated Monday, January 27th. The shares were sold at an average price of $40.54, for a total value of $810,800.00. Following the completion of the sale, the chief executive officer now directly owns 45,675 shares of the company’s stock, valued at approximately $1,851,664.50. This represents a 30.45 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, EVP Vandana Venkatesh sold 10,000 shares of Verizon Communications stock in a transaction that occurred on Tuesday, February 25th. The stock was sold at an average price of $43.79, for a total transaction of $437,900.00. Following the transaction, the executive vice president now directly owns 14,459 shares in the company, valued at approximately $633,159.61. This represents a 40.88 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 49,085 shares of company stock worth $2,020,895 over the last 90 days. 0.02% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Verizon Communications

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