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VZ

Verizon Communications Inc

VZ

38.65USD+0.15 (+0.39%)Market Closed
Watchlist

Market Summary

USD38.65+0.15
Market Closed
0.39%

VZ Alerts

  • 1 major insider sales recently.

VZ Stock Price

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VZ RSI Chart

VZ Valuation

Market Cap

162.8B

Price/Earnings (Trailing)

7.79

Price/Sales (Trailing)

1.21

EV/EBITDA

5.86

Price/Free Cashflow

4.31

VZ Price/Sales (Trailing)

VZ Profitability

EBT Margin

20.59%

Return on Equity

21.09%

Return on Assets

5.43%

Free Cashflow Yield

23.18%

VZ Fundamentals

VZ Revenue

Revenue (TTM)

134.1B

Revenue Y/Y

-2.64%

Revenue Q/Q

2.27%

VZ Earnings

Earnings (TTM)

20.9B

Earnings Y/Y

-2.82%

Earnings Q/Q

2.45%

Price Action

Last 7 days

0.8%

Last 30 days

7.5%

Last 90 days

15.6%

Trailing 12 Months

4.0%

How does VZ drawdown profile look like?

VZ Financial Health

Current Ratio

0.68

Debt/Equity

1.36

Debt/Cashflow

0.28

VZ Investor Care

Dividend Yield

8.01%

Dividend/Share (TTM)

2.59

Shares Dilution (1Y)

0.26%

Diluted EPS (TTM)

4.97

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
2023136.2B135.0B134.1B0
2022134.3B134.3B135.7B136.8B
2021129.5B132.9B134.2B133.6B
2020131.3B129.7B128.4B128.3B
2019131.2B131.1B131.4B131.9B
2018128.0B129.6B130.5B130.9B
2017123.6B123.6B124.4B126.0B
2016131.8B130.1B127.9B126.0B
2015128.2B129.0B130.6B131.6B
2014121.9B123.6B125.0B127.1B
2013117.0B118.3B119.5B120.5B
2012112.1B113.1B114.2B115.8B
2011106.6B107.4B108.8B110.9B
2010108.1B108.0B107.3B106.6B
2009100.1B102.8B105.4B107.8B
200894.4B95.4B96.4B97.4B
200700093.5B

Latest Insider Trading transactions for VZ

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Dec 01, 2023
russo joseph j.
acquired
-
-
5,941
evp&pres-global networks&tech
Dec 01, 2023
russo joseph j.
sold (taxes)
-117,245
38.58
-3,039
evp&pres-global networks&tech
Nov 30, 2023
silliman craig l.
sold
-888,440
38.00
-23,380
evp&pres.-vz global services
Nov 02, 2023
skiadas anthony t
sold (taxes)
-417,799
33.44
-12,494
evp and cfo
Nov 02, 2023
russo joseph j.
sold (taxes)
-245,650
33.44
-7,346
evp&pres-global networks&tech
Nov 02, 2023
hammock samantha
sold (taxes)
-256,552
33.44
-7,672
evp & chief hr officer
Nov 02, 2023
sampath sowmyanarayan
acquired
-
-
28,497
evp and group ceo-vz consumer
Nov 02, 2023
venkatesh vandana
sold (taxes)
-282,200
33.44
-8,439
evp and chief legal officer
Nov 02, 2023
stillwell mary-lee
sold (taxes)
-113,295
33.44
-3,388
svp and controller
Nov 02, 2023
stillwell mary-lee
back to issuer
-284,374
33.44
-8,504
svp and controller

1–10 of 50

Which funds bought or sold VZ recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Dec 06, 2023
CITIGROUP INC
reduced
-9.65
-44,591,800
165,092,000
0.12%
Dec 06, 2023
VisionPoint Advisory Group, LLC
reduced
-36.41
-278,823
346,643
0.15%
Dec 06, 2023
Fragasso Group Inc.
reduced
-2.93
-655,198
3,598,310
0.38%
Dec 06, 2023
Raleigh Capital Management Inc.
reduced
-0.47
-435,413
2,846,780
1.51%
Dec 05, 2023
Morton Capital Management LLC/CA
new
-
222,574
222,574
0.08%
Dec 04, 2023
Trust Co
added
33.3
104,554
751,102
0.12%
Dec 04, 2023
TUCKER ASSET MANAGEMENT LLC
added
39.00
33,716
193,261
0.05%
Dec 01, 2023
PFS Partners, LLC
reduced
-0.5
-78,662
513,616
0.45%
Dec 01, 2023
DIMENSION CAPITAL MANAGEMENT LLC
sold off
-100
-201,422
-
-%
Dec 01, 2023
B. Riley Wealth Advisors, Inc.
reduced
-11.68
-3,014,230
10,072,200
0.27%

1–10 of 44

Latest Funds Activity

Are funds buying VZ calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own VZ
No. of Funds

Schedule 13G FIlings of Verizon Communications Inc

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 09, 2023
vanguard group inc
8.44%
354,645,505
SC 13G/A
Feb 03, 2023
blackrock inc.
7.9%
331,023,068
SC 13G/A
Feb 09, 2022
vanguard group inc
7.66%
321,650,268
SC 13G/A
Feb 03, 2022
blackrock inc.
7.0%
290,740,893
SC 13G/A
Feb 10, 2021
vanguard group inc
7.88%
325,949,036
SC 13G/A
Feb 01, 2021
blackrock inc.
7.2%
298,750,519
SC 13G/A
Feb 12, 2020
vanguard group inc
7.93%
328,323,017
SC 13G/A
Feb 06, 2020
blackrock inc.
7.7%
317,231,674
SC 13G/A

Recent SEC filings of Verizon Communications Inc

View All Filings
Date Filed Form Type Document
Dec 05, 2023
4
Insider Trading
Dec 04, 2023
4
Insider Trading
Dec 04, 2023
424B2
Prospectus Filed
Dec 04, 2023
424B2
Prospectus Filed
Nov 30, 2023
144
Notice of Insider Sale Intent
Nov 27, 2023
424B2
Prospectus Filed
Nov 22, 2023
4
Insider Trading
Nov 22, 2023
4
Insider Trading
Nov 22, 2023
4
Insider Trading
Nov 22, 2023
4
Insider Trading

Peers (Alternatives to Verizon Communications Inc)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
181.7B
78.4B
6.27% 5.09%
23.35
2.32
-2.16% 406.84%
162.8B
134.1B
7.54% 3.98%
7.79
1.21
-1.15% 8.31%
122.8B
121.7B
7.89% -11.45%
-10.86
1.01
1.04% -156.42%
54.9B
54.6B
-10.73% -1.66%
11.36
1.01
1.89% -16.14%
MID-CAP
3.3B
820.8M
2.52% 20.59%
3.08
4.03
37.99% 4610.93%
2.9B
1.7B
-13.33% -25.57%
39.35
1.74
-1.25% -80.08%
2.7B
561.1M
24.03% 119.16%
13.24
4.89
23.99% 149.38%
2.7B
212.7M
8.09% -14.04%
-178.01
12.53
50.14% 94.57%
SMALL-CAP
2.3B
15.6B
24.15% -69.76%
1.85
0.15
-8.58% -35.94%
963.9M
9.3B
-17.19% -44.94%
-43.6
0.1
-5.05% -103.46%
675.7M
2.8M
17.65% 10.97%
90.37
237.41
95.87% 115.72%
504.4M
1.1B
4.09% 7.98%
5.5
0.45
-6.83% 183.85%
484.4M
755.3M
-6.72% -33.79%
-40.26
0.64
4.71% 61.97%
80.4M
50.5M
74.58% 62.63%
-2.44
1.59
43.78% -867.31%

Verizon Communications Inc News

Latest updates
StockNews.com07 Dec 202305:39 pm16 hours ago
Verizon07 Dec 202305:21 pm16 hours ago
Nasdaq07 Dec 202303:00 pm18 hours ago
Yahoo Finance07 Dec 202302:25 pm19 hours ago
MarketBeat06 Dec 202308:03 pm37 hours ago
Marketscreener.com06 Dec 202306:31 pm39 hours ago
Nasdaq06 Dec 202302:00 pm43 hours ago
Investing.com05 Dec 202309:30 pm2 days ago
Morningstar05 Dec 202308:58 pm2 days ago
Nasdaq05 Dec 202306:25 pm2 days ago
Investing.com UK05 Dec 202302:05 pm2 days ago
MarketBeat04 Dec 202302:36 pm3 days ago
Yahoo Finance04 Dec 202302:00 pm3 days ago
Yahoo Finance01 Dec 202306:33 pm6 days ago
Zacks Investment Research29 Nov 202302:31 pm8 days ago

Financials for Verizon Communications Inc

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Revenue2.3%33,33632,59632,91235,25134,24133,78933,55434,06732,91533,76432,86734,69231,54330,44731,61034,77532,89432,07132,12834,28132,607
Costs and Expenses1.9%25,86325,37625,32828,02626,34726,23725,75826,45924,01025,59925,09727,51223,86523,08625,03128,13624,71424,22124,41933,64424,932
  S&GA Expenses-3.1%7,9958,2537,5068,0467,4227,4967,1727,4126,5217,3247,4018,4937,3397,1568,5858,2147,2167,2687,1989,4107,224
EBITDA Margin1.2%0.37*0.37*0.37*0.36*0.34*0.35*0.36*0.37*0.37*0.36*0.36*0.35*0.33*0.34*0.33*0.33*0.32*0.32*0.32*0.32*-
Interest Expenses11.5%1,4331,2851,2071,1059377857867398018441,1011,0801,0441,0891,0341,1591,1461,2151,2101,1991,211
Income Taxes-2.8%1,3081,3461,4822,1131,4961,5421,3721,4071,8201,8751,7001,5351,3471,3481,389-1,5051,5861,2361,628-6981,613
Earnings Before Taxes1.3%6,1926,1126,5008,8116,5206,8576,0836,1448,3747,8247,0786,2535,8516,1875,6763,7126,9235,3106,7881,3676,675
EBT Margin-0.5%0.21*0.21*0.21*0.21*0.19*0.20*0.21*0.22*0.22*0.20*0.20*0.19*0.17*0.17*0.16*0.17*0.16*0.15*0.16*0.15*-
Net Income2.5%4,7624,6484,9096,5774,9005,1994,5804,6136,4075,8005,2454,5884,3574,7004,1565,0955,1943,9445,0321,9394,924
Net Income Margin0.0%0.16*0.16*0.16*0.16*0.14*0.15*0.16*0.17*0.16*0.15*0.15*0.14*0.14*0.15*0.14*0.15*0.12*0.12*0.12*0.12*-
Free Cashflow10.8%10,7789,7318,2898,94210,53410,8446,8218,37710,72410,7449,6949,2968,92014,7288,8248,99810,9128,7557,0818,095-
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Assets1.3%384,830379,955377,716379,680375,090370,147365,716366,596353,457349,190345,573316,481296,994293,259294,500291,727284,875283,108283,947264,829265,562
  Current Assets2.0%38,11937,38835,72237,85739,74637,49935,58036,72840,27735,62639,64754,59438,57237,33340,70537,47334,89533,30833,39734,63633,154
    Cash Equivalents-12.3%4,2104,8032,2342,6053,5873,3333,2324,16111,1116,08511,49523,49810,1839,1138,3243,9174,2063,1203,5373,9163,575
  Inventory18.1%2,2401,8962,3812,3883,1333,6463,6593,0552,3031,4211,3031,7961,4571,2891,6331,4221,5381,1671,4171,3361,270
  Net PPE0.2%107,490107,270106,987107,434103,004101,31099,84399,69695,75694,20294,87694,83393,18292,75492,17791,91588,84987,81887,84989,28687,464
  Goodwill0.0%28,64228,64728,67428,67128,54828,63828,62928,60324,88724,91592.0024,77324,79924,66724,38224,38924,57024,63224,63524,61429,200
  Current Liabilities8.3%55,67751,40447,76850,17153,14149,22446,58547,16041,35840,07838,73039,66036,18538,88641,05744,86839,20938,21438,60737,93034,167
  Long Term Debt-2.5%134,441137,871140,772140,676132,912136,184139,961143,425143,352144,894149,700123,173109,790106,190106,561100,712101,769104,598105,045105,873106,440
    LT Debt, Current-12.7%12,95014,82712,0819,96314,99512,87313,4217,4437,6237,0238,8025,8895,7706,65111,17510,777-----
Shareholder's Equity2.7%99,08896,50294,21992,46388,78387,35785,17583,20078,48975,11272,68369,27266,53064,11361,65362,83560,31257,94757,46054,71056,087
  Retained Earnings2.3%88,41686,44884,54382,38078,54576,40173,89171,99370,06266,31063,10760,46458,47356,74654,55753,14750,59547,94546,49343,54244,091
  Additional Paid-In Capital0.0%13,52413,52313,52313,42013,46713,87213,87413,86113,40213,40313,40813,40413,40413,28113,30213,41913,41813,41913,41813,43713,436
Accumulated Depreciation1.5%209,277206,154203,532200,255197,866195,390192,725190,201191,665189,452187,866184,904183,028179,960176,816173,819171,204169,577166,608163,549164,566
Shares Outstanding0.1%4,2134,2084,207-4,2024,2014,201-4,1424,1414,141-4,1404,1394,139-4,1384,1384,138-4,136
Minority Interest2.9%1,3471,3091,3361,3191,3151,3411,4131,4101,4451,4281,4511,4301,4611,4161,4431,4401,3911,3651,6041,5661,592
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
(In Millions)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Cashflow From Operations10.8%10,7789,7318,2898,94210,53410,8446,8218,37710,72410,7449,6949,2968,92014,7288,8248,99810,9128,7557,0818,0959,811
Cashflow From Investing-32.2%-5,408-4,090-6,110-5,342-8,664-6,661-7,995-10,135-2,617-4,748-49,653-5,043-6,345-5,144-6,980-5,424-3,568-3,786-4,803-4,798-4,408
Cashflow From Financing-89.0%-6,055-3,203-2,383-3,076-1,616-4,082245-5,192-3,081-11,40627,9569,062-1,505-8,7952,563-3,863-6,258-5,386-2,657-2,956-4,556
  Dividend Payments0.0%2,7442,7432,7442,7392,6882,7242,6542,6482,5992,5972,6012,5962,5462,5432,5472,5422,4932,4922,4892,4892,438

VZ Income Statement

2023-09-30
Condensed Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Operating Revenues    
Operating Revenues$ 33,336$ 34,241$ 98,844$ 101,584
Operating Expenses    
Selling, general and administrative expense7,9957,42223,75422,090
Depreciation and amortization expense4,4314,32413,10812,881
Total Operating Expenses25,86326,34776,56778,342
Operating Income7,4737,89422,27723,242
Equity in earnings (losses) of unconsolidated businesses(18)2(42)40
Other income (expense), net170(439)494(1,314)
Interest expense(1,433)(937)(3,925)(2,508)
Income Before Provision For Income Taxes6,1926,52018,80419,460
Provision for income taxes(1,308)(1,496)(4,136)(4,410)
Net Income4,8845,02414,66815,050
Net income attributable to noncontrolling interests122124349371
Net income attributable to Verizon4,7624,90014,31914,679
Net Income$ 4,884$ 5,024$ 14,668$ 15,050
Basic Earnings Per Common Share    
Net income attributable to Verizon (USD per share)$ 1.13$ 1.17$ 3.40$ 3.49
Weighted-average shares outstanding (in shares)4,2134,2024,2094,201
Diluted Earnings Per Common Share    
Net income attributable to Verizon (USD per share)$ 1.13$ 1.17$ 3.40$ 3.49
Weighted-average shares outstanding (in shares)4,2164,2044,2144,203
Service revenues and other    
Operating Revenues    
Operating Revenues$ 27,523$ 27,666$ 81,994$ 81,999
Wireless equipment    
Operating Revenues    
Operating Revenues5,8136,57516,85019,585
Operating Expenses    
Cost of services and equipment6,3537,30818,55721,919
Service    
Operating Expenses    
Cost of services and equipment$ 7,084$ 7,293$ 21,148$ 21,452

VZ Balance Sheet

2023-09-30
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2023
Dec. 31, 2022
Current assets  
Cash and cash equivalents$ 4,210$ 2,605
Accounts receivable24,55925,332
Less Allowance for credit losses957826
Accounts receivable, net of allowance23,60224,506
Inventories2,2402,388
Prepaid expenses and other8,0678,358
Total current assets38,11937,857
Property, plant and equipment316,767307,689
Less Accumulated depreciation209,277200,255
Property, plant and equipment, net107,490107,434
Investments in unconsolidated businesses9291,071
Wireless licenses155,465149,796
Goodwill28,64228,671
Other intangible assets, net10,95211,461
Operating lease right-of-use assets25,08626,130
Other assets18,14717,260
Total assets384,830379,680
Current liabilities  
Debt maturing within one year12,9509,963
Accounts payable and accrued liabilities26,14023,977
Current operating lease liabilities3,9064,134
Other current liabilities12,68112,097
Total current liabilities55,67750,171
Long-term debt134,441140,676
Employee benefit obligations12,22612,974
Deferred income taxes44,43443,441
Non-current operating lease liabilities20,77321,558
Other liabilities18,19118,397
Total long-term liabilities230,065237,046
Commitments and Contingencies
Equity  
Series preferred stock ($0.10 par value; 250,000,000 shares authorized; none issued)00
Common stock ($0.10 par value; 6,250,000,000 shares authorized in each period; 4,291,433,646 shares issued in each period)429429
Additional paid in capital13,52413,420
Retained earnings88,41682,380
Accumulated other comprehensive loss(1,428)(1,865)
Common stock in treasury, at cost (87,331,987 and 91,572,258 shares outstanding)(3,828)(4,013)
Deferred compensation – employee stock ownership plans (ESOPs) and other628793
Noncontrolling interests1,3471,319
Total equity99,08892,463
Total liabilities and equity$ 384,830$ 379,680
VZ
Verizon Communications Inc., through its subsidiaries, provides 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). The Consumer segment provides wireless services across the wireless networks in the United States under the Verizon and TracFone brands and through wholesale and other arrangements; and fixed wireless access (FWA) broadband through its wireless networks. It also offers wireline services in the Mid-Atlantic and Northeastern United States, as well as Washington D.C. through its fiber-optic network, Verizon Fios product portfolio, and a copper-based network. The Business segment provides wireless and wireline communications services and products, including data, video, conferencing, corporate networking, security and managed network, local and long-distance voice, network access, and various IoT services and products, as well as FWA broadband through its wireless networks. The company was formerly known as Bell Atlantic Corporation and changed its name to Verizon Communications Inc. in June 2000. Verizon Communications Inc. was incorporated in 1983 and is headquartered in New York, New York.
 CEO
 WEBSITEwww.verizon.com
 EMPLOYEES65535

Verizon Communications Inc Frequently Asked Questions


What is the ticker symbol for Verizon Communications Inc? What does VZ stand for in stocks?

VZ is the stock ticker symbol of Verizon Communications Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Verizon Communications Inc (VZ)?

As of Thu Dec 07 2023, market cap of Verizon Communications Inc is 162.83 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of VZ stock?

You can check VZ's fair value in chart. The fair value of Verizon Communications Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Verizon Communications Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for VZ so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Verizon Communications Inc a good stock to buy?

The fair value guage provides a quick view whether VZ is over valued or under valued. Whether Verizon Communications Inc is cheap or expensive depends on the assumptions which impact Verizon Communications Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for VZ.

What is Verizon Communications Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Thu Dec 07 2023, VZ's PE ratio (Price to Earnings) is 7.79 and Price to Sales (PS) ratio is 1.21. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. VZ PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Verizon Communications Inc's stock?

In the past 10 years, Verizon Communications Inc has provided 0.016 (multiply by 100 for percentage) rate of return.