What is Zacks Research’s Estimate for VZ FY2026 Earnings?

Verizon Communications Inc. (NYSE:VZ) – Analysts at Zacks Research decreased their FY2026 earnings per share estimates for Verizon Communications in a research report issued on Tuesday, November 25th. Zacks Research analyst Team now expects that the cell phone carrier will post earnings of $4.84 per share for the year, down from their previous forecast of $4.89. The consensus estimate for Verizon Communications’ current full-year earnings is $4.69 per share. Zacks Research also issued estimates for Verizon Communications’ Q4 2026 earnings at $1.17 EPS.

Several other research firms have also recently issued reports on VZ. JPMorgan Chase & Co. reduced their price objective on shares of Verizon Communications from $49.00 to $47.00 and set a “neutral” rating on the stock in a research report on Thursday, October 30th. TD Cowen cut their target price on shares of Verizon Communications from $56.00 to $51.00 and set a “buy” rating for the company in a research note on Thursday, October 30th. Wall Street Zen cut shares of Verizon Communications from a “buy” rating to a “hold” rating in a research note on Friday, September 26th. Royal Bank Of Canada dropped their price objective on shares of Verizon Communications from $46.00 to $44.00 and set a “sector perform” rating for the company in a report on Thursday, October 30th. Finally, BNP Paribas lowered Verizon Communications from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, October 21st. Two research analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating and thirteen have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $47.41.

Verizon Communications Trading Up 0.8%

VZ stock opened at $40.90 on Thursday. The company has a debt-to-equity ratio of 1.19, a current ratio of 0.74 and a quick ratio of 0.60. Verizon Communications has a 1-year low of $37.58 and a 1-year high of $47.35. The business has a 50 day simple moving average of $41.07 and a two-hundred day simple moving average of $42.46. The company has a market capitalization of $172.43 billion, a price-to-earnings ratio of 8.74, a PEG ratio of 3.03 and a beta of 0.35.

Verizon Communications (NYSE:VZ) last released its earnings results on Wednesday, October 29th. The cell phone carrier reported $1.21 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.19 by $0.02. The firm had revenue of $33.82 billion during the quarter, compared to analysts’ expectations of $34.19 billion. Verizon Communications had a return on equity of 19.31% and a net margin of 14.43%.The firm’s revenue was up 1.5% on a year-over-year basis. During the same quarter last year, the business posted $1.19 earnings per share.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in VZ. Kestra Investment Management LLC increased its position in shares of Verizon Communications by 121.8% in the 1st quarter. Kestra Investment Management LLC now owns 176,531 shares of the cell phone carrier’s stock valued at $8,007,000 after acquiring an additional 96,931 shares during the period. Cadinha & Co. LLC grew its stake in Verizon Communications by 2,916.8% during the 2nd quarter. Cadinha & Co. LLC now owns 347,716 shares of the cell phone carrier’s stock valued at $15,046,000 after purchasing an additional 336,190 shares during the last quarter. DekaBank Deutsche Girozentrale grew its stake in Verizon Communications by 11.0% during the 2nd quarter. DekaBank Deutsche Girozentrale now owns 7,297,469 shares of the cell phone carrier’s stock valued at $309,551,000 after purchasing an additional 722,559 shares during the last quarter. Element Capital Management LLC acquired a new position in shares of Verizon Communications in the first quarter valued at about $2,799,000. Finally, Ritholtz Wealth Management raised its stake in shares of Verizon Communications by 23.8% in the second quarter. Ritholtz Wealth Management now owns 205,416 shares of the cell phone carrier’s stock worth $8,888,000 after purchasing an additional 39,445 shares during the last quarter. Institutional investors own 62.06% of the company’s stock.

Verizon Communications Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, November 3rd. Shareholders of record on Friday, October 10th were paid a $0.69 dividend. This represents a $2.76 dividend on an annualized basis and a dividend yield of 6.7%. The ex-dividend date of this dividend was Friday, October 10th. This is an increase from Verizon Communications’s previous quarterly dividend of $0.68. Verizon Communications’s dividend payout ratio is 58.97%.

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).