Verizon Communications Inc. (NYSE:VZ – Free Report) – Equities research analysts at Zacks Research cut their FY2025 earnings per share estimates for shares of Verizon Communications in a research report issued to clients and investors on Monday, January 13th. Zacks Research analyst R. Department now anticipates that the cell phone carrier will post earnings of $4.69 per share for the year, down from their previous forecast of $4.70. The consensus estimate for Verizon Communications’ current full-year earnings is $4.61 per share. Zacks Research also issued estimates for Verizon Communications’ Q2 2026 earnings at $1.22 EPS and Q4 2026 earnings at $1.19 EPS.
Verizon Communications (NYSE:VZ – Get Free Report) last announced its quarterly earnings data on Tuesday, October 22nd. The cell phone carrier reported $1.19 earnings per share for the quarter, beating analysts’ consensus estimates of $1.18 by $0.01. The firm had revenue of $33.30 billion during the quarter, compared to analysts’ expectations of $33.42 billion. Verizon Communications had a net margin of 7.30% and a return on equity of 20.05%. The business’s quarterly revenue was up .9% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.22 earnings per share.
Read Our Latest Analysis on Verizon Communications
Verizon Communications Stock Performance
NYSE:VZ opened at $38.33 on Wednesday. The company has a market cap of $161.35 billion, a price-to-earnings ratio of 16.52, a price-to-earnings-growth ratio of 3.05 and a beta of 0.46. The company has a quick ratio of 0.62, a current ratio of 0.66 and a debt-to-equity ratio of 1.32. Verizon Communications has a 52 week low of $37.58 and a 52 week high of $45.36. The company has a fifty day simple moving average of $41.17 and a two-hundred day simple moving average of $41.76.
Verizon Communications Cuts Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, February 3rd. Shareholders of record on Friday, January 10th will be paid a $0.6775 dividend. The ex-dividend date of this dividend is Friday, January 10th. This represents a $2.71 dividend on an annualized basis and a yield of 7.07%. Verizon Communications’s dividend payout ratio is presently 116.81%.
Institutional Investors Weigh In On Verizon Communications
Several hedge funds have recently made changes to their positions in the business. Charles Schwab Investment Management Inc. lifted its position in Verizon Communications by 6.2% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 101,273,082 shares of the cell phone carrier’s stock worth $4,548,163,000 after acquiring an additional 5,936,009 shares during the period. International Assets Investment Management LLC raised its stake in shares of Verizon Communications by 4,520.3% during the third quarter. International Assets Investment Management LLC now owns 4,815,534 shares of the cell phone carrier’s stock worth $216,266,000 after purchasing an additional 4,711,309 shares during the last quarter. Healthcare of Ontario Pension Plan Trust Fund acquired a new stake in shares of Verizon Communications during the third quarter worth $177,799,000. Assenagon Asset Management S.A. grew its position in Verizon Communications by 184.3% in the 4th quarter. Assenagon Asset Management S.A. now owns 5,428,540 shares of the cell phone carrier’s stock valued at $217,087,000 after buying an additional 3,519,258 shares during the last quarter. Finally, Janus Henderson Group PLC increased its stake in Verizon Communications by 77.1% in the 3rd quarter. Janus Henderson Group PLC now owns 6,101,616 shares of the cell phone carrier’s stock valued at $274,052,000 after buying an additional 2,656,396 shares during the period. Institutional investors and hedge funds 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).
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