Research Analysts Set Expectations for VZ Q2 Earnings

Verizon Communications Inc. (NYSE:VZ) – KeyCorp issued their Q2 2026 earnings estimates for Verizon Communications in a note issued to investors on Sunday, July 5th. KeyCorp analyst B. Nispel forecasts that the cell phone carrier will post earnings per share of $1.22 for the quarter. The consensus estimate for Verizon Communications’ current full-year earnings is $4.98 per share. KeyCorp also issued estimates for Verizon Communications’ Q3 2026 earnings at $1.30 EPS, Q4 2026 earnings at $1.20 EPS, Q2 2027 earnings at $1.38 EPS, Q3 2027 earnings at $1.39 EPS, Q4 2027 earnings at $1.27 EPS and FY2027 earnings at $5.40 EPS.

A number of other equities research analysts have also recently commented on VZ. Citigroup upped their target price on shares of Verizon Communications from $50.00 to $55.00 and gave the company a “buy” rating in a report on Friday, March 20th. Weiss Ratings reissued a “buy (b)” rating on shares of Verizon Communications in a report on Friday, May 29th. Erste Group Bank restated a “hold” rating on shares of Verizon Communications in a research report on Tuesday, May 5th. Dbs Bank downgraded Verizon Communications from a “moderate buy” rating to a “hold” rating in a research note on Tuesday, April 7th. Finally, Morgan Stanley increased their price objective on Verizon Communications from $49.00 to $50.00 and gave the stock an “equal weight” rating in a research report on Tuesday, April 28th. Nine equities research analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $50.09.

Verizon Communications Trading Up 2.4%

Shares of Verizon Communications stock opened at $43.84 on Wednesday. Verizon Communications has a 1 year low of $38.39 and a 1 year high of $51.68. The company has a debt-to-equity ratio of 1.38, a quick ratio of 0.61 and a current ratio of 0.64. The company has a market capitalization of $183.08 billion, a P/E ratio of 10.69, a PEG ratio of 1.05 and a beta of 0.26. The company’s fifty day moving average is $45.74 and its two-hundred day moving average is $46.09.

Verizon Communications (NYSE:VZ) last announced its earnings results on Monday, April 27th. The cell phone carrier reported $1.28 EPS for the quarter, beating analysts’ consensus estimates of $1.21 by $0.07. The business had revenue of $34.44 billion for the quarter, compared to analysts’ expectations of $34.82 billion. Verizon Communications had a net margin of 12.46% and a return on equity of 19.25%. The company’s quarterly revenue was up 2.7% on a year-over-year basis. During the same period in the previous year, the company posted $1.19 EPS. Verizon Communications has set its FY 2026 guidance at 4.950-4.990 EPS.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the company. Avanza Fonder AB increased its holdings in Verizon Communications by 5.6% during the 4th quarter. Avanza Fonder AB now owns 331,962 shares of the cell phone carrier’s stock valued at $13,521,000 after acquiring an additional 17,495 shares in the last quarter. Econ Financial Services Corp lifted its holdings in shares of Verizon Communications by 23.5% in the fourth quarter. Econ Financial Services Corp now owns 78,172 shares of the cell phone carrier’s stock valued at $3,184,000 after purchasing an additional 14,862 shares in the last quarter. USS Investment Management Ltd grew its position in shares of Verizon Communications by 4.6% in the first quarter. USS Investment Management Ltd now owns 713,156 shares of the cell phone carrier’s stock valued at $35,790,000 after purchasing an additional 31,354 shares during the last quarter. Teacher Retirement System of Texas grew its position in shares of Verizon Communications by 41.0% in the fourth quarter. Teacher Retirement System of Texas now owns 2,197,366 shares of the cell phone carrier’s stock valued at $89,499,000 after purchasing an additional 639,380 shares during the last quarter. Finally, Clarity Financial LLC increased its stake in shares of Verizon Communications by 697.0% during the 4th quarter. Clarity Financial LLC now owns 471,127 shares of the cell phone carrier’s stock worth $19,189,000 after purchasing an additional 412,018 shares in the last quarter. 62.06% of the stock is owned by hedge funds and other institutional investors.

Verizon Communications Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, August 3rd. Stockholders of record on Friday, July 10th will be issued a $0.7075 dividend. The ex-dividend date of this dividend is Friday, July 10th. This represents a $2.83 annualized dividend and a dividend yield of 6.5%. Verizon Communications’s payout ratio is presently 69.02%.

More Verizon Communications News

Here are the key news stories impacting Verizon Communications this week:

• Positive Sentiment: Verizon’s store divestitures and layoffs could lower operating costs and support margins as the company restructures its retail footprint. VZ Stock Rises — Verizon Moves To Slash Costs With Major Store Shakeup
• Positive Sentiment: KeyCorp raised multiple earnings estimates for Verizon, including FY2027 EPS to $5.40, suggesting analysts see improving profitability ahead.
• Positive Sentiment: Verizon is also benefiting from signs of operational strength, including strong wireless network quality rankings and a new BMW connected-car partnership that could expand 5G and IoT revenue opportunities. Wireless Network Quality Returns to Record High, JD Power Finds
• Neutral Sentiment: Scotiabank lowered its price target to $51.50 from $54.50 but kept a “sector outperform” rating, so the note was cautious but not bearish.
• Negative Sentiment: The restructuring includes significant layoffs and store sales, which can signal pressure on the core business and create near-term disruption for employees and operations. Verizon to shed 274 stores, lay off another 500 corporate employees

Verizon Communications Company Profile

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.