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

Verizon Communications (NYSE:VZ) issued an update on its FY 2025 earnings guidance on Tuesday morning. 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 %

NYSE VZ opened at $43.59 on Tuesday. The stock has a market capitalization of $183.48 billion, a price-to-earnings ratio of 10.53, a PEG ratio of 4.45 and a beta of 0.41. The business’s fifty day moving average is $41.63 and its 200-day moving average is $42.02. The company has a debt-to-equity ratio of 1.21, a current ratio of 0.63 and a quick ratio of 0.59. Verizon Communications has a one year low of $37.59 and a one year high of $47.36.

Verizon Communications (NYSE:VZ) last released 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 net margin of 12.99% and a return on equity of 19.80%. During the same quarter in the prior year, the company earned $1.08 EPS. Equities research analysts predict that Verizon Communications will post 4.69 EPS for the current year.

Verizon Communications Announces Dividend

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

Analysts Set New Price Targets

A number of equities analysts have weighed in on VZ shares. Argus upgraded shares of Verizon Communications to a “strong-buy” rating in a research report on Monday, January 27th. Scotiabank increased their price objective on Verizon Communications from $47.50 to $48.00 and gave the stock a “sector perform” rating in a report on Monday, March 3rd. UBS Group raised their price target on shares of Verizon Communications from $44.00 to $45.00 and gave the company a “neutral” rating in a report on Friday, December 20th. Tigress Financial reiterated a “buy” rating and set a $55.00 price target on shares of Verizon Communications in a research report on Thursday, January 30th. Finally, StockNews.com lowered Verizon Communications from a “strong-buy” rating to a “buy” rating in a research report on Thursday, March 13th. Ten equities research analysts have rated the stock with a hold rating, seven have given a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $46.53.

Insider Activity

In related news, EVP Vandana Venkatesh sold 10,000 shares of the stock in a transaction on Tuesday, February 25th. The stock was sold at an average price of $43.79, for a total transaction of $437,900.00. Following the sale, the executive vice president now directly owns 14,459 shares of the company’s stock, valued at $633,159.61. This trade represents a 40.88 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Kyle Malady sold 8,000 shares of the business’s stock in a transaction dated Monday, February 3rd. The stock was sold at an average price of $39.88, for a total value of $319,040.00. Following the completion of the transaction, the chief executive officer now directly owns 6,590 shares of the company’s stock, valued at approximately $262,809.20. This trade represents a 54.83 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 49,085 shares of company stock worth $2,020,895 over the last 90 days. 0.02% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Verizon Communications

A hedge fund recently raised its stake in Verizon Communications stock. Brighton Jones LLC boosted its holdings in shares of Verizon Communications Inc. (NYSE:VZ) by 61.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 43,986 shares of the cell phone carrier’s stock after buying an additional 16,704 shares during the quarter. Brighton Jones LLC’s holdings in Verizon Communications were worth $1,759,000 at the end of the most recent quarter. 62.06% of the stock is owned by hedge funds and other institutional investors.

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).