Verizon Stock Price | VZ Stock Quote, News, and History | Markets Insider (2024)

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Verizon Introduces New Customer-First Programs and Benefits, Refreshes the Brand

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Historical Prices for Verizon

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Verizon Analyst Data

Total Analysts: 57

Buy Ratings: 27 Neutral Ratings: 29 Sell Ratings: 1

Analyst: {{ANALYST_DATA}}
Price-Target: {{PRICE_DATA}}
Rating: {{RATING_DATA}}

Price *Price Target

Lowest: 36.00 Median: 45.16 Highest: 64.00

*The average price target includes all analyst analysis, not just the most recent analysis presented in the chart.

Verizon Analyst Opinions

  • All
  • Buy
  • Hold
  • Sell
DateAnalystRatingPrice
04/23/24Wells Fargo & CoMaintained Hold$40neutral
04/23/24Oppenheimer & Co. Inc.Maintained Buy$48gut
04/03/24Oppenheimer & Co. Inc.Maintained Buy$48gut
04/02/24RBC Capital MarketsMaintained Hold$40neutral
02/20/24RBC Capital MarketsMaintained Hold$36neutral
01/31/24Barclays CapitalDowngraded to Hold$44neutral
01/30/24Citigroup Corp.Maintained Buy$47gut
01/26/24Barclays CapitalMaintained Buy$44gut
01/24/24UBSMaintained Hold$43neutral
01/24/24Wells Fargo & CoMaintained Hold$44neutral
01/24/24Raymond James Financial, Inc.Maintained Buy$46gut
01/24/24Daiwa SecuritiesUpgraded to Buy$47gut
01/04/24Wolfe ResearchUpgraded to Buy$46gut
12/19/23Oppenheimer & Co. Inc.Maintained Buy$43gut
12/14/23Citigroup Corp.Maintained Buy$42gut
12/13/23Wells Fargo & CoMaintained Hold$40neutral
10/25/23Barclays CapitalUpgraded to Buy$38gut
08/29/23Citigroup Corp.Upgraded to Buy$40gut
08/22/23Oppenheimer & Co. Inc.Maintained Buy$43gut
08/03/23Morgan StanleyMaintained Buy$44gut
07/27/23Citigroup Corp.Maintained Hold$39neutral
07/26/23Goldman SachsMaintained Hold$36neutral
07/26/23Raymond James Financial, Inc.Maintained Buy$42gut
07/20/23Wells Fargo & CoMaintained Hold$36neutral
07/18/23Morgan StanleyMaintained Buy$44gut
06/05/23HSBCMaintained Sell$39schlecht
05/01/23RBC Capital MarketsMaintained Hold$40neutral
04/26/23Oppenheimer & Co. Inc.Maintained Buy$43gut
04/06/23Oppenheimer & Co. Inc.Maintained Buy$46gut
03/23/23Bank of America Merrill LynchMaintained Hold$41neutral
01/26/23Citigroup Corp.Maintained Hold$42neutral
01/25/23RBC Capital MarketsMaintained Hold$40neutral
01/25/23Oppenheimer & Co. Inc.Maintained Buy$46gut
01/25/23Cowen and Company, LLCMaintained Buy$49gut
12/15/22Morgan StanleyUpgraded to Buy$44gut
10/26/22Morgan StanleyMaintained Hold$41neutral
10/25/22Citigroup Corp.Maintained Hold$39neutral
10/24/22UBSMaintained Hold$37neutral
10/24/22Cowen and Company, LLCMaintained Buy$55gut
10/24/22Raymond James Financial, Inc.Maintained Buy$51gut
10/24/22RBC Capital MarketsMaintained Hold$42neutral
10/24/22Barclays CapitalMaintained Hold$37neutral
10/07/22Wells Fargo & CoMaintained Hold$40neutral
10/06/22Raymond James Financial, Inc.Maintained Buy$54gut
10/06/22Oppenheimer & Co. Inc.Upgraded to Buy$50gut
09/29/22Barclays CapitalMaintained Hold$40neutral
09/27/22Credit SuisseMaintained Hold$47neutral
07/28/22Bank of America Merrill LynchDowngraded to Hold$51neutral
07/25/22RBC Capital MarketsMaintained Hold$50neutral
07/25/22Cowen and Company, LLCMaintained Buy$64gut

Verizon Estimates* in USD

20242025202620272028
Revenue135,016136,909138,490139,095137,857
Dividend2.682.732.792.842.90
Dividend Yield (in %)6.56 %6.68 %6.83 %6.96 %7.09 %
EPS4.584.714.834.984.76
P/E Ratio8.918.668.458.218.59
EBIT31,04831,88732,47132,54132,209
EBITDA48,79449,68950,46950,93650,361
Net Profit19,16719,69020,25220,23020,356
Net Profit Adjusted19,20019,71620,25820,23020,356
Pre-Tax Profit25,01925,86026,60426,46926,680
Net Profit (Adjusted)24,98825,83926,52426,46926,680
EPS (Non-GAAP) ex. SOE4.584.714.834.984.76
EPS (GAAP)4.474.634.794.704.71
Gross Income86,44187,34788,35182,06382,808
Cash Flow from Investing-18,688-17,502-17,554-17,271-17,248
Cash Flow from Operations37,11437,79238,88837,93138,885
Cash Flow from Financing-12,572-14,881-15,010-12,561-12,807
Cash Flow per Share8.518.718.85--
Free Cash Flow18,74319,45520,06721,20721,532
Free Cash Flow per Share4.394.614.714.955.11
Book Value per Share23.7926.5229.08--
Net Debt141,843134,512128,483122,655122,795
Research & Development Exp.-----
Capital Expenditure17,30717,34017,47817,38317,455
Selling, General & Admin. Exp.30,01430,06328,47531,12430,976
Shareholder’s Equity101,802111,413120,239121,941121,791
Total Assets383,010389,698390,807376,495382,759
Previous Quarter
ending 03/31/24
Current Quarter
ending 06/30/24
Next Quarter
ending 09/30/24
Current Year
ending 12/31/24
Next Year
ending 12/31/25
Earnings Estimates
No. of Analysts1919182220
Average Estimate1.119 USD1.154 USD1.192 USD4.584 USD4.713 USD
Year Ago1.167 USD1.105 USD1.130 USD2.758 USD-
Publish Date4/22/20247/22/202410/22/2024--
Revenue Estimates
No. of Analysts1617162322
Average Estimate33,233 USD33,008 USD33,635 USD135,016 USD136,909 USD
Year Ago32,912 USD32,596 USD33,336 USD133,974 USD-
Publish Date4/22/20247/22/202410/22/2024--

* Average Estimates in Million (e.g. Revenue) or per share (e.g. Dividend). Source: FactSet

Income Statements in Mio. USD

2023 2022 2021 2020 2019 2018 2017
Sales 133,974.00 136,835.00 133,613.00 128,292.00 131,868.00 130,863.00 126,034.00
Change of sales in % -2.09 2.41 4.15 -2.71 0.77 3.83 0.04
Gross profit on sales 61,463.00 60,603.00 61,106.00 60,371.00 60,460.00 58,255.00 57,524.00
Gross profit on sales change in % 1.42 -0.82 1.22 -0.15 3.79 1.27 -1.88
Operating income 28,831.00 30,467.00 31,965.00 29,867.00 31,029.00 30,007.00 26,519.00
Operating income change in % -5.37 -4.69 7.02 -3.74 3.41 13.15 2.35
Income before tax 16,987.00 28,271.00 29,420.00 23,967.00 22,733.00 19,623.00 20,594.00
Income before tax change in % -39.91 -3.91 22.75 5.43 15.85 -4.71 -1.87
Income after tax 11,614.00 21,256.00 22,065.00 17,801.00 19,265.00 15,528.00 30,101.00
Income after tax change in % -45.36 -3.67 23.95 -7.60 24.07 -48.41 129.31

Balance Sheet in Mio. USD

2023 2022 2021 2020 2019 2018 2017
Total liabilities 286,456.00 287,217.00 283,396.00 247,209.00 228,892.00 210,119.00 212,456.00
Long-term liabilities per share 55.48 56.44 56.28 50.16 44.50 41.67 43.98
Equity 93,799.00 92,463.00 83,200.00 69,272.00 62,835.00 54,710.00 44,687.00
Equity change in % 1.41 11.44 20.56 10.50 15.52 23.32 91.33
Balance sheet total 380,255.00 379,680.00 366,596.00 316,481.00 291,727.00 264,829.00 257,143.00
Balance sheet total change in % 0.15 3.57 15.84 8.49 10.16 2.99 5.31

Key Data in USD

2023 2022 2021 2020 2019 2018 2017
Sales per share 31.79 32.55 32.20 30.97 31.85 31.67 30.82
P/E ratio (year end quote, basic EPS) 13.68 7.79 9.77 13.67 13.19 14.95 7.19
P/E ratio (ear end quote, diluted EPS) 13.68 7.79 9.77 13.67 13.19 14.95 7.19
P/E ratio (year end quote) 13.68 7.79 9.77 13.67 13.19 14.95 7.19
Dividend yield in % 6.99 6.56 4.88 4.23 3.97 4.24 4.41
Equity ratio in % 24.31 24.01 22.31 21.44 21.05 20.07 16.76
Debt ratio in % 75.33 75.65 77.30 78.11 78.46 79.34 82.62

Verizon Insider Activity

NameDateshares tradedshares heldPricetype (sell/buy)option
Vestberg Hans Erik02/29/202429,945.00265,391.0040.20Sell No
Vestberg Hans Erik02/29/202422,736.00241,187.0040.20Sell No
Vestberg Hans Erik02/29/202423,058.00222,832.0040.20Sell No
Stillwell Mary-Lee02/29/20242,359.0016,439.0040.20Sell No
Stillwell Mary-Lee02/29/2024388.0010,503.0040.20Sell No
Stillwell Mary-Lee02/29/2024303.009,527.0040.20Sell No
SILLIMAN CRAIG L.02/29/202415,520.0092,410.0040.20Sell No
SILLIMAN CRAIG L.02/29/20247,606.0079,923.0040.20Sell No
SILLIMAN CRAIG L.02/29/20247,012.0071,943.0040.20Sell No
Sampath Sowmyanarayan02/29/202416,234.0088,012.0040.20Sell No
Sampath Sowmyanarayan02/29/202410,287.0072,510.0040.20Sell No
Sampath Sowmyanarayan02/29/20244,116.0062,689.0040.20Sell No
Hammock Samantha02/29/20247,641.0016,703.0040.20Sell No
Hammock Samantha02/29/20244,349.009,406.0040.20Sell No
Hammock Samantha02/29/20241,333.005,254.0040.20Sell No
Skiadas Anthony T02/29/202417,632.0083,210.0040.20Sell No
Skiadas Anthony T02/29/20243,043.0069,024.0040.20Sell No
Skiadas Anthony T02/29/20242,945.0065,832.0040.20Sell No
Venkatesh Vandana02/29/20247,243.0024,459.0040.20Sell No
Venkatesh Vandana02/29/20242,350.0018,632.0040.20Sell No
Venkatesh Vandana02/29/20241,255.0016,568.0040.20Sell No
Russo Joseph J.02/29/20249,248.0025,278.0040.20Sell No
Russo Joseph J.02/29/20241,729.0017,838.0040.20Sell No
Russo Joseph J.02/29/20241,007.0016,024.0040.20Sell No
Malady Kyle02/29/202416,555.0065,675.0040.20Sell No

Verizon Dividend Calendar

Date Name Dividend *yield Currency
2023 Verizon Inc. 2.64 6.99 USD
2022 Verizon Inc. 2.59 6.56 USD
2021 Verizon Inc. 2.54 4.88 USD
2020 Verizon Inc. 2.49 4.23 USD
2019 Verizon Inc. 2.44 3.97 USD
2018 Verizon Inc. 2.39 4.24 USD
2017 Verizon Inc. 2.34 4.41 USD
2016 Verizon Inc. 2.29 4.28 USD
2015 Verizon Inc. 2.23 4.82 USD
2014 Verizon Inc. 2.16 4.62 USD
2013 Verizon Inc. 2.09 4.25 USD
2012 Verizon Inc. 2.03 4.69 USD
2011 Verizon Inc. 1.98 4.92 USD
2010 Verizon Inc. 1.93 5.38 USD
2009 Verizon Inc. 1.87 5.64 USD
2008 Verizon Inc. 1.78 5.25 USD
2007 Verizon Inc. 1.67 3.82 USD
2006 Verizon Inc. 1.62 4.35 USD
2005 Verizon Inc. 1.62 5.38 USD
2004 Verizon Inc. 1.54 3.80 USD
2003 Verizon Inc. 1.54 4.39 USD
2002 Verizon Inc. 1.54 3.97 USD
2001 Verizon Inc. 1.54 3.24 USD
2000 Verizon Inc. 1.54 3.07 USD
1999 Verizon Inc. 1.54 2.50 USD

*Yield of the Respective Date

Verizon Inc. Calendar

EventEstimateInfoDate
Earnings Report1.154 USD Q2 2024 Earnings Release07/22/2024
Earnings Report1.192 USD Q3 2024 Earnings Release10/22/2024
Earnings Report1.101 USD Q4 2024 Earnings Release01/28/2025
Earnings Report1.163 USD Q1 2025 Earnings Release04/29/2025
Earnings Report1.186 USD Q2 2025 Earnings Release07/29/2025
Earnings Report1.227 USD Q3 2025 Earnings Release10/28/2025

Verizon Inc. Past Events

EventActual EPSInfoDate
Annual General Meeting -Annual General Meeting05/09/2024
Earnings Report 1.092 USDQ1 2024 Earnings Release04/22/2024
Press Conference --04/22/2024
Press Conference --01/23/2024
Press Conference --10/24/2023

Verizon Profile

Verizon Communications, Inc. is a holding company, which engages in the provision of communications, information, and entertainment products and services. It operates through the Verizon Consumer Group (Consumer) and Verizon Business Group (Business) segments. The Consumer segment provides consumer-focused wireless and wire line communications services and products. The Business segment offers wireless and wire line communications services and products, video and data services, corporate networking solutions, security and managed network services, local and long distance voice services, and network access to deliver various Internet of Things (IoT) services and products. The company was founded in 1983 and is headquartered in New York, NY.

Verizon Stock Price History by Markets Insider

Verizon Communication Inc. was established on June 30th, 2000. The wireless service company is the result of the merger of Bell Atlantic Corporation and GTE Corporation. Although these two companies were listed individually at the stock exchange before this merger, it was on July 3rd, 2000, when the stock under the ticker “VZ” went public at the NYSE. Verizon stock price (NYSE:VZ) was traded at an IPO price of $45.53. (read more)

The initial euphoria, which drove Verizon stock price up to $48.39 by the end of the first day, subsided after a few weeks. By the end of July 2000, the stock was only worth $42.04. Verizon and Wall Street was not satisfied with the development of the stock during the first year. This was in line with other telecom companies which were not considered stocks to buy at the time. However, this downward trend soon stopped, Verizon stock price went up a bit, and remained fairly stable throughout the first three quarters of 2001, where Verizon stock price stayed at $50. By the end of 2001, Verizon stock price began to fall and reached a low in July 2002, when Verizon stock price was only at $24.67. It was not until October that Verizon stock price rose above the $30 mark again. This positive trend intensified and by January 6th, 2003, the stock closed at $39.59. Verizon Communications Inc., providing internet to its customers in the United States, was profiting from the unstoppable Internet boom. Verizon revenue growth has Wall Street interested and its market capitalization increasing.

During the following years, Verizon stock price did not perform well. The upward trend in 2004 was followed by a period of falling stock prices which bottomed out on October 20th, 2005, when the stock was listed at $26.23. After this temporary weaker period, Verizon stock price rallied to reach $42.93 on October 29th, 2007. One year later, when the company’s stock closed at $23.52 on October 24th, 2008, the stock value had declined by 45%. It took a while until confidence among investors could be restored. The way out of this bear market was difficult. Year over year, Verizon stock price almost stagnated and was traded around $28 in October 2009. However, markets started to move upwards again. On August 10th, 2010, the stock passed the mark of $30.00 to close at $30.02 and has not fallen beneath $30.00 since August 31th, 2010. The strong increase of more than 15% between October 2009 and October 2010 shows the strong post-stock market crisis performance of Verizon’s stock.

2013 stands out in terms of soaring prices of Verizon’s stock, an increase of well above 9%, from $49.15 on March 28th, 2013, to $53.91 on April 30th, 2013.

Ever since, Verizon stock has performed solidly, closing at $46.78 on December 31st, 2014, and at $46.22 one year later. In 2016, the stock closed at $53.38 on December 30th. The stock reached a closing price of $56.53 on July 5th, 2016. In 2017, Verizon stock price flirted between the $40 and $50 range.

A strong dividend of $2.29 in 2017, earnings per share of $0.89 in Q3 of 2017, and a solid customer base in made Verizon Communications Inc. an attractive option for investors. Verizon’s recent acquisition of Yahoo! Inc. gave way to the creation of the company’s new subsidiary Oath. This opens up new possibilities for organic growth in Verizon’s media and contributes to a diversification of the company’s portfolio. And the law of net neutrality could also feature large in future revenue growth for Verizon.

Moody’s Daily Credit Risk Score

Risk

  • Low
  • Medium
  • High

3

Moody’s Daily Credit Risk Score is a 1-10 score of a company’s credit risk, based on an analysis of the firm’sbalance sheet and inputs from the stock market. The score provides a forward-looking, one-year measure of creditrisk, allowing investors to make better decisions and streamline their work ow. Updated daily, it takes intoaccount day-to-day movements in market value compared to a company’s liability structure.

Verizon Shareholder

Ownerin %
Freefloat99.95
The Vanguard Group, Inc.8.32
Vanguard Group, Inc. (Subfiler)7.90
State Street Corp.4.39
BlackRock Fund Advisors3.00
Vanguard Total Stock Market ETF2.84
Vanguard 500 Index Fund2.56
Charles Schwab Investment Management, Inc.2.27
BlackRock Institutional Trust Co. NA2.24
Geode Capital Management LLC2.16
Fidelity 500 Index Fund1.21
Morgan Stanley Smith Barney LLC1.21
Norges Bank (13F)1.19
Government Pension Fund - Global (The)1.16
iShares Core S&P 500 ETF1.02

Shareholder percentage totals can add to more than 100% because some holders are included in the free float.

Verizon Management

NameJob
Sowmyanarayan SampathCEO-Verizon Consumer Group & EVP
Chris BartlettCFO, SVP-Verizon Business Group
Hans Erik VestbergChairman & Chief Executive Officer
Keith SmoutChief Commercial Officer
Stacy SharpeChief Communications Officer & Executive VP
Rose Stuckey KirkChief Corporates Social Responsibility Officer
Anthony T. SkiadasChief Financial Officer & Executive Vice President
Samantha HammockChief Human Resources Officer & Executive VP
John NittiChief Investment Officer & SVP-Verizon Ventures
Leslie BerlandChief Marketing Officer & Executive Vice President
Krista BourneChief Operating Officer-Verizon Consumer Group
Massimo PeselliChief Revenue Officer-Enterprise & Public Sector
James GowenChief Sustainability Officer
Nicola T. PalmerChief Technology Ambassador
Debika BhattacharyaChief Technology Solutions Officer
Harish Virendra GandhiDirector-Marketing & Strategy
Vandana VenkateshEVP & General Counsel
Craig SillimanEVP & President-Verizon Global Services
Joseph RussoEVP, President-Global Networks & Technologies
Kyle J. MaladyGroup CEO-Verizon Business & Executive VP
Carol B. ToméIndependent Director
Laxman NarasimhanIndependent Director
Mark T. BertoliniIndependent Director
Rodney E. SlaterIndependent Director
Vittorio Amedeo ColaoIndependent Director
Daniel H. SchulmanIndependent Director
Roxanne Schuh AustinIndependent Director
Shellye Louise ArchambeauIndependent Director
Clarence OtisLead Independent Director
Diane MaraventanoManager-Real Estate
Charlie BoydManaging Director of Business Innovation
Angie J. KleinPresident-Verizon Value
Pete PauleReal Estate Manager-Southeast
William L. HortonSecretary, Senior VP & Deputy General Counsel
Mary-Lee StillwellSenior Vice President & Controller
Scott D. KrohnTreasurer & Senior Vice President
Kenneth P. JackVice President-Fleet Operations
Courtney MezinisVice President-Real Estate
Verizon Stock Price | VZ Stock Quote, News, and History | Markets Insider (2024)
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