What is KeyCorp’s Forecast for VZ Q1 Earnings?

Verizon Communications Inc. (NYSE:VZ) – Stock analysts at KeyCorp issued their Q1 2025 EPS estimates for Verizon Communications in a research note issued on Wednesday, October 23rd. KeyCorp analyst B. Nispel forecasts that the cell phone carrier will post earnings of $1.11 per share 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.

Verizon Communications (NYSE:VZ) last issued its quarterly earnings data on Tuesday, October 22nd. The cell phone carrier reported $1.19 earnings per share for the quarter, topping analysts’ consensus estimates of $1.18 by $0.01. The business had revenue of $33.30 billion for the quarter, compared to analyst estimates of $33.42 billion. Verizon Communications had a return on equity of 20.10% and a net margin of 8.38%. Verizon Communications’s quarterly revenue was up .9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.22 EPS.

Other equities research analysts have also issued reports about the stock. Citigroup boosted their target price on shares of Verizon Communications from $47.00 to $49.00 and gave the stock a “buy” rating in a report on Wednesday, September 25th. Scotiabank increased their price objective on Verizon Communications from $46.50 to $47.25 and gave the company a “sector perform” rating in a report on Friday, October 18th. UBS Group raised their target price on Verizon Communications from $43.00 to $44.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 23rd. Royal Bank of Canada upped their price target on Verizon Communications from $42.00 to $46.00 and gave the company a “sector perform” rating in a research report on Monday, September 23rd. Finally, JPMorgan Chase & Co. lowered their price objective on Verizon Communications from $46.00 to $45.00 and set a “neutral” rating for the company in a research report on Tuesday, July 23rd. Nine equities research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $46.37.

Verizon Communications Stock Performance

Verizon Communications stock opened at $41.38 on Monday. The business has a 50 day moving average of $43.11 and a 200-day moving average of $41.30. The company has a market capitalization of $174.18 billion, a P/E ratio of 15.44, a P/E/G ratio of 4.02 and a beta of 0.42. Verizon Communications has a 1 year low of $33.34 and a 1 year high of $45.36. The company has a debt-to-equity ratio of 1.29, a current ratio of 0.63 and a quick ratio of 0.60.

Verizon Communications Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, November 1st. Investors of record on Thursday, October 10th will be given a dividend of $0.678 per share. This represents a $2.71 dividend on an annualized basis and a dividend yield of 6.55%. The ex-dividend date is Thursday, October 10th. This is an increase from Verizon Communications’s previous quarterly dividend of $0.67. Verizon Communications’s payout ratio is presently 101.12%.

Hedge Funds Weigh In On Verizon Communications

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Financial Advocates Investment Management increased its stake in Verizon Communications by 2.2% during the 3rd quarter. Financial Advocates Investment Management now owns 69,205 shares of the cell phone carrier’s stock valued at $3,108,000 after purchasing an additional 1,477 shares in the last quarter. Solidarity Wealth LLC grew its holdings in shares of Verizon Communications by 3.2% during the third quarter. Solidarity Wealth LLC now owns 167,599 shares of the cell phone carrier’s stock valued at $7,527,000 after buying an additional 5,257 shares during the last quarter. JFS Wealth Advisors LLC increased its position in shares of Verizon Communications by 9.2% during the third quarter. JFS Wealth Advisors LLC now owns 17,463 shares of the cell phone carrier’s stock worth $784,000 after acquiring an additional 1,465 shares in the last quarter. SteelPeak Wealth LLC lifted its position in Verizon Communications by 4.4% in the 3rd quarter. SteelPeak Wealth LLC now owns 483,223 shares of the cell phone carrier’s stock valued at $21,702,000 after acquiring an additional 20,567 shares in the last quarter. Finally, Diversify Wealth Management LLC boosted its stake in Verizon Communications by 7.2% during the 3rd quarter. Diversify Wealth Management LLC now owns 81,790 shares of the cell phone carrier’s stock valued at $3,506,000 after purchasing an additional 5,470 shares during the last quarter. 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).