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

Verizon Communications (NYSE:VZ) issued an update on its FY 2025 earnings guidance on Monday morning. The company provided earnings per share (EPS) guidance of 4.636-4.728 for the period, compared to the consensus estimate of 4.700. The company issued revenue guidance of -.

Verizon Communications Stock Down 5.0%

Shares of VZ opened at $41.49 on Tuesday. Verizon Communications has a fifty-two week low of $37.58 and a fifty-two week high of $47.35. The company’s fifty day moving average is $43.63 and its two-hundred day moving average is $43.33. The firm has a market cap of $174.94 billion, a PE ratio of 9.67, a price-to-earnings-growth ratio of 3.37 and a beta of 0.37. The company has a quick ratio of 0.60, a current ratio of 0.64 and a debt-to-equity ratio of 1.19.

Verizon Communications (NYSE:VZ) last released its quarterly earnings data on Monday, July 21st. The cell phone carrier reported $1.22 EPS for the quarter, topping analysts’ consensus estimates of $1.19 by $0.03. Verizon Communications had a return on equity of 19.61% and a net margin of 13.28%.The business had revenue of $34.50 billion during the quarter, compared to the consensus estimate of $33.47 billion. During the same period in the prior year, the firm posted $1.15 EPS. The business’s revenue for the quarter was up 5.2% on a year-over-year basis. Verizon Communications has set its FY 2025 guidance at 4.636-4.728 EPS. Analysts forecast that Verizon Communications will post 4.69 earnings per share for the current year.

Verizon Communications Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, November 3rd. Stockholders of record on Friday, October 10th will be paid a $0.69 dividend. The ex-dividend date of this dividend is Friday, October 10th. This represents a $2.76 annualized dividend and a dividend yield of 6.7%. This is an increase from Verizon Communications’s previous quarterly dividend of $0.68. Verizon Communications’s dividend payout ratio is presently 64.34%.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on VZ. Bank of America increased their target price on shares of Verizon Communications from $45.00 to $49.00 and gave the stock a “neutral” rating in a research report on Tuesday, July 22nd. Wells Fargo & Company increased their price objective on shares of Verizon Communications from $42.00 to $43.00 and gave the stock an “equal weight” rating in a research report on Thursday, July 10th. JPMorgan Chase & Co. lifted their target price on shares of Verizon Communications from $47.00 to $49.00 and gave the company a “neutral” rating in a report on Tuesday, July 22nd. Wall Street Zen cut shares of Verizon Communications from a “buy” rating to a “hold” rating in a research report on Friday, September 26th. Finally, Scotiabank raised their price objective on Verizon Communications from $50.00 to $50.50 and gave the company a “sector perform” rating in a research report on Monday. Three analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating and eleven have assigned a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $47.63.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. Monetary Management Group Inc. grew its holdings in Verizon Communications by 0.8% during the 2nd quarter. Monetary Management Group Inc. now owns 30,400 shares of the cell phone carrier’s stock worth $1,315,000 after acquiring an additional 250 shares during the last quarter. Mendel Capital Management LLC raised its stake in shares of Verizon Communications by 1.6% in the second quarter. Mendel Capital Management LLC now owns 25,699 shares of the cell phone carrier’s stock worth $1,112,000 after acquiring an additional 393 shares during the last quarter. Vivaldi Capital Management LP lifted its position in shares of Verizon Communications by 5.2% during the second quarter. Vivaldi Capital Management LP now owns 8,993 shares of the cell phone carrier’s stock worth $389,000 after purchasing an additional 443 shares in the last quarter. Gould Capital LLC grew its stake in shares of Verizon Communications by 0.6% during the second quarter. Gould Capital LLC now owns 78,336 shares of the cell phone carrier’s stock valued at $3,390,000 after purchasing an additional 474 shares during the last quarter. Finally, Florida Financial Advisors LLC increased its holdings in shares of Verizon Communications by 9.5% in the second quarter. Florida Financial Advisors LLC now owns 8,137 shares of the cell phone carrier’s stock valued at $352,000 after purchasing an additional 703 shares in the last quarter. Hedge funds and other institutional investors 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).