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

Verizon Communications (NYSE:VZ) updated its FY 2025 earnings guidance on Tuesday. 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 -.

Verizon Communications Trading Down 0.9 %

Shares of Verizon Communications stock opened at $43.59 on Tuesday. The company has a market capitalization of $183.48 billion, a P/E ratio of 10.53, a P/E/G ratio of 4.45 and a beta of 0.41. The company has a debt-to-equity ratio of 1.21, a quick ratio of 0.59 and a current ratio of 0.63. The company has a fifty day moving average of $41.63 and a 200 day moving average of $42.02. Verizon Communications has a fifty-two week low of $37.59 and a fifty-two week high of $47.36.

Verizon Communications (NYSE:VZ) last issued 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 quarter in the prior year, the business posted $1.08 EPS. On average, sell-side analysts anticipate that Verizon Communications will post 4.69 earnings per share for the current fiscal year.

Verizon Communications Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, May 1st. Stockholders of record on Thursday, April 10th will be issued a $0.6775 dividend. The ex-dividend date is Thursday, April 10th. This represents a $2.71 annualized dividend and a dividend yield of 6.22%. Verizon Communications’s dividend payout ratio (DPR) is 65.46%.

Analyst Ratings Changes

A number of analysts have recently weighed in on the stock. StockNews.com downgraded shares of Verizon Communications from a “strong-buy” rating to a “buy” rating in a report on Thursday, March 13th. Royal Bank of Canada lowered their price objective on Verizon Communications from $46.00 to $42.00 in a research note on Friday, January 24th. TD Cowen raised Verizon Communications to a “strong-buy” rating in a research report on Wednesday, January 15th. Deutsche Bank Aktiengesellschaft raised their price target on Verizon Communications from $40.00 to $42.00 and gave the stock a “hold” rating in a research report on Friday, January 24th. Finally, UBS Group increased their target price on shares of Verizon Communications from $44.00 to $45.00 and gave the company a “neutral” rating in a research note on Friday, December 20th. 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 company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $46.53.

Insider Activity

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

Institutional Inflows and Outflows

An institutional investor recently raised its position in Verizon Communications stock. Brighton Jones LLC lifted its holdings in shares of Verizon Communications Inc. (NYSE:VZ) by 61.2% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 43,986 shares of the cell phone carrier’s stock after acquiring an additional 16,704 shares during the period. Brighton Jones LLC’s holdings in Verizon Communications were worth $1,759,000 at the end of the most recent quarter. Hedge funds and other institutional investors own 62.06% of the company’s stock.

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).