Verizon Communications (NYSE:VZ – Get Free Report) is expected to be announcing its Q2 2026 results before the market opens on Friday, July 24th. Analysts expect Verizon Communications to post earnings of $1.27 per share and revenue of $35.1910 billion for the quarter. Verizon Communications has set its FY 2026 guidance at 4.950-4.990 EPS. Interested persons may review the information on the company’s upcoming Q2 2026 earning overview page for the latest details on the call scheduled for Friday, July 24, 2026 at 8:30 AM ET.
Verizon Communications (NYSE:VZ – Get Free Report) last issued its quarterly earnings data on Monday, April 27th. The cell phone carrier reported $1.28 earnings per share for the quarter, beating the consensus estimate of $1.21 by $0.07. The firm had revenue of $34.44 billion for the quarter, compared to analyst estimates of $34.82 billion. Verizon Communications had a net margin of 12.46% and a return on equity of 19.25%. The company’s revenue for the quarter was up 2.7% on a year-over-year basis. During the same quarter last year, the firm earned $1.19 earnings per share. On average, analysts expect Verizon Communications to post $5 EPS for the current fiscal year and $5 EPS for the next fiscal year.
Verizon Communications Trading Up 0.6%
Verizon Communications stock opened at $43.76 on Wednesday. Verizon Communications has a one year low of $38.39 and a one year high of $51.68. The company’s fifty day moving average price is $45.51 and its two-hundred day moving average price is $46.15. The company has a debt-to-equity ratio of 1.38, a current ratio of 0.64 and a quick ratio of 0.61. The company has a market capitalization of $182.71 billion, a price-to-earnings ratio of 10.67, a PEG ratio of 1.06 and a beta of 0.26.
Verizon Communications Announces Dividend
Verizon Communications News Roundup
Here are the key news stories impacting Verizon Communications this week:
- Positive Sentiment: Several recent pieces frame Verizon as a value stock, highlighting its relatively low valuation and dividend appeal for income-focused investors.
- Positive Sentiment: Analysts cited FIFA-related network demand and stronger usage trends as potential near-term catalysts ahead of second-quarter earnings. Article Title
- Neutral Sentiment: Verizon is preparing for heavy network traffic around the first-ever World Cup halftime show, which reinforces its network scale but is not clearly a direct earnings driver yet. Article Title
- Neutral Sentiment: RBC lowered its price target on Verizon to $46 from $48 and kept a “sector perform” rating, signaling cautious sentiment rather than a major change in the thesis.
- Negative Sentiment: Verizon plans to cut about 3,000 jobs and sell 274 stores to franchisees, underscoring ongoing restructuring and raising questions about growth and margins. Article Title
- Negative Sentiment: Another report said Verizon will sell 274 stores and cut 500 office jobs, adding to concerns that management is leaning on cost reductions rather than clear revenue acceleration. Article Title
Institutional Investors Weigh In On Verizon Communications
A number of institutional investors have recently added to or reduced their stakes in the stock. Sumitomo Life Insurance Co. increased its stake in Verizon Communications by 0.7% during the 4th quarter. Sumitomo Life Insurance Co. now owns 35,023 shares of the cell phone carrier’s stock valued at $1,426,000 after purchasing an additional 227 shares in the last quarter. Monetary Management Group Inc. grew its holdings in shares of Verizon Communications by 0.8% during the second quarter. Monetary Management Group Inc. now owns 30,400 shares of the cell phone carrier’s stock valued at $1,315,000 after buying an additional 250 shares during the last quarter. American Trust grew its holdings in shares of Verizon Communications by 3.7% during the fourth quarter. American Trust now owns 8,697 shares of the cell phone carrier’s stock valued at $354,000 after buying an additional 314 shares during the last quarter. Adams Wealth Management increased its position in shares of Verizon Communications by 4.3% during the fourth quarter. Adams Wealth Management now owns 8,324 shares of the cell phone carrier’s stock valued at $339,000 after acquiring an additional 340 shares in the last quarter. Finally, CacheTech Inc. raised its holdings in Verizon Communications by 4.3% in the 4th quarter. CacheTech Inc. now owns 8,324 shares of the cell phone carrier’s stock worth $339,000 after acquiring an additional 340 shares during the last quarter. 62.06% of the stock is owned by institutional investors and hedge funds.
Analysts Set New Price Targets
A number of brokerages have recently commented on VZ. Royal Bank Of Canada cut their price target on Verizon Communications from $48.00 to $46.00 and set a “sector perform” rating for the company in a report on Monday. Erste Group Bank restated a “hold” rating on shares of Verizon Communications in a research note on Tuesday, May 5th. Scotiabank dropped their target price on shares of Verizon Communications from $54.50 to $51.50 and set a “sector outperform” rating on the stock in a research report on Wednesday, July 15th. Dbs Bank cut shares of Verizon Communications from a “moderate buy” rating to a “hold” rating in a research note on Tuesday, April 7th. Finally, Wells Fargo & Company assumed coverage on shares of Verizon Communications in a research report on Wednesday, July 8th. They issued an “equal weight” rating and a $43.00 price target on the stock. Nine investment analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $50.03.
View Our Latest Stock Report on Verizon Communications
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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