Verizon Communications Inc. (NYSE:VZ – Get Free Report)’s share price rose 3.9% during trading on Tuesday after JPMorgan Chase & Co. raised their price target on the stock from $47.00 to $49.00. JPMorgan Chase & Co. currently has a neutral rating on the stock. Verizon Communications traded as high as $46.76 and last traded at $46.3440. Approximately 58,949,519 shares were traded during trading, an increase of 60% from the average daily volume of 36,769,254 shares. The stock had previously closed at $44.61.
Other analysts also recently issued reports about the stock. Royal Bank Of Canada increased their price target on shares of Verizon Communications from $44.00 to $48.00 and gave the company a “sector perform” rating in a research report on Tuesday. Evercore ISI increased their target price on shares of Verizon Communications from $48.00 to $50.00 and gave the stock an “outperform” rating in a report on Monday. BNP Paribas Exane cut shares of Verizon Communications from an “outperform” rating to a “neutral” rating and set a $44.00 price target on the stock. in a research report on Tuesday, October 21st. Citigroup upped their price objective on shares of Verizon Communications from $48.00 to $50.00 and gave the company a “buy” rating in a research report on Tuesday. Finally, TD Cowen dropped their price objective on Verizon Communications from $56.00 to $51.00 and set a “buy” rating on the stock in a research note on Thursday, October 30th. One research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and twelve have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Verizon Communications presently has an average rating of “Hold” and a consensus target price of $49.02.
View Our Latest Research Report on Verizon Communications
Insider Buying and Selling
Verizon Communications News Roundup
Here are the key news stories impacting Verizon Communications this week:
- Positive Sentiment: Multiple brokerages lifted price targets and ratings (Citigroup to $50 with a Buy, Evercore to $50 Outperform, Scotiabank to $50.25, Morgan Stanley/JPMorgan to $49, RBC higher) — bolstering near-term upside expectations. Citigroup PT Raise
- Positive Sentiment: Verizon reported a Q4 beat (EPS $1.09 vs $1.06 est.; revenue ~$36.4B vs ~$36.1B) and posted large wireless subscriber additions — fundamentals that support the rally. InsiderMonkey Q4/Subscriber Adds
- Positive Sentiment: Management actions: a raised quarterly dividend (new yield ~6.4%) plus headlines about cost cuts tied to the Frontier deal and a $25B buyback plan — both increase shareholder return potential. Yahoo Finance: Frontier deal & buyback
- Neutral Sentiment: Coverage and analyst-insight pieces are circulating (Globe and Mail, Zacks, AAII) parsing valuation and whether the Q4 beat merits portfolio re‑positioning — useful reading but not an immediate catalyst. Globe and Mail analyst insights
- Neutral Sentiment: Verizon’s stock is moving with the S&P 500 Communications Index — some of today’s move reflects sector flows rather than company-specific news. Kalkine Media
- Negative Sentiment: Senator Maria Cantwell said Verizon (and AT&T) are blocking release of key Salt Typhoon security assessment reports and called for CEOs to testify — this raises regulatory and reputational risk that investors will watch closely. Reuters: Senator on Salt Typhoon
- Negative Sentiment: Analysts and commentaries flag margin pressure from heavy 5G and fiber investment, price lock dynamics and the potential for customer losses tied to prior price cuts — factors that could cap multiple expansion. Zacks: Margin pressure
- Negative Sentiment: Some market pieces warn Verizon may encounter technical resistance near recent highs and note CEO comments that prior price cuts hurt customer counts — caution for momentum traders. USA Today: Price cuts cost customers
Institutional Inflows and Outflows
Large investors have recently added to or reduced their stakes in the business. Advantage Trust Co increased its position in shares of Verizon Communications by 549.5% in the second quarter. Advantage Trust Co now owns 591 shares of the cell phone carrier’s stock valued at $26,000 after acquiring an additional 500 shares during the last quarter. Strengthening Families & Communities LLC increased its position in shares of Verizon Communications by 490.0% during the 4th quarter. Strengthening Families & Communities LLC now owns 649 shares of the cell phone carrier’s stock worth $26,000 after purchasing an additional 539 shares during the last quarter. TruNorth Capital Management LLC increased its position in shares of Verizon Communications by 95.3% during the 3rd quarter. TruNorth Capital Management LLC now owns 625 shares of the cell phone carrier’s stock worth $27,000 after purchasing an additional 305 shares during the last quarter. Holos Integrated Wealth LLC bought a new stake in shares of Verizon Communications during the 4th quarter worth approximately $28,000. Finally, Foster Dykema Cabot & Partners LLC acquired a new stake in shares of Verizon Communications in the 3rd quarter valued at approximately $29,000. Institutional investors and hedge funds own 62.06% of the company’s stock.
Verizon Communications Trading Up 3.9%
The company has a debt-to-equity ratio of 1.32, a quick ratio of 0.87 and a current ratio of 0.91. The firm has a fifty day moving average price of $40.52 and a 200 day moving average price of $41.64. The company has a market cap of $195.41 billion, a price-to-earnings ratio of 11.44, a P/E/G ratio of 4.23 and a beta of 0.33.
Verizon Communications (NYSE:VZ – Get Free Report) last posted its quarterly earnings results on Friday, January 30th. The cell phone carrier reported $1.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.06 by $0.03. The firm had revenue of $36.38 billion for the quarter, compared to analyst estimates of $36.20 billion. Verizon Communications had a net margin of 12.43% and a return on equity of 19.03%. The company’s quarterly revenue was up 2.0% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.10 earnings per share. Verizon Communications has set its FY 2026 guidance at 4.900-4.950 EPS. As a group, equities analysts predict that Verizon Communications Inc. will post 4.69 EPS for the current fiscal year.
Verizon Communications Increases Dividend
The company also recently announced a quarterly dividend, which will be paid on Friday, May 1st. Investors of record on Friday, April 10th will be paid a $0.7075 dividend. This is an increase from Verizon Communications’s previous quarterly dividend of $0.69. The ex-dividend date is Friday, April 10th. This represents a $2.83 annualized dividend and a yield of 6.1%. Verizon Communications’s dividend payout ratio (DPR) is 68.15%.
About Verizon Communications
Verizon Communications Inc (NYSE: VZ) is a major U.S.-based telecommunications company that provides a broad range of communications and information services. Its operations span consumer and business markets, with core offerings that include wireless voice and data services, fixed-line broadband and fiber-optic services, and enterprise networking solutions. Verizon is headquartered in New York City and operates a nationwide wireless network that supports consumer subscribers as well as business and government customers.
The company’s consumer products include mobile phone plans, unlimited data services, and Fios, its branded fiber-optic internet, television and voice service for homes and small businesses.
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