Key Points
- CEO Kyle Malady sold 1,100 Verizon shares at an average price of $50.06, generating $55,066; the transaction, conducted under a Rule 10b5-1 plan, reduced his direct holdings by 1% to 108,766 shares.
- Verizon reported quarterly EPS of $1.30, exceeding estimates of $1.27, while revenue of $34.25 billion fell short of forecasts and declined 0.7% year over year. The company maintained 2026 EPS guidance of $4.99–$5.04.
- Verizon’s quarterly dividend is $0.7075 per share, equivalent to an annualized $2.83 payout and a 5.6% yield. Analysts’ average rating is Hold, with an average price target of $50.84.
Verizon Communications Inc. (NYSE:VZ - Get Free Report) CEO Kyle Malady sold 1,100 shares of the firm's stock in a transaction that occurred on Tuesday, August 25th. The shares were sold at an average price of $50.06, for a total transaction of $55,066.00. Following the completion of the transaction, the chief executive officer directly owned 108,766 shares of the company's stock, valued at approximately $5,444,825.96. The trade was a 1.00% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Kyle Malady also recently made the following trade(s):
- On Tuesday, August 18th, Kyle Malady sold 1,100 shares of Verizon Communications stock. The shares were sold at an average price of $48.68, for a total value of $53,548.00.
Verizon Communications Price Performance
Shares of NYSE VZ opened at $50.18 on Thursday. The company has a debt-to-equity ratio of 1.36, a current ratio of 0.60 and a quick ratio of 0.57. The company has a market cap of $208.49 billion, a price-to-earnings ratio of 13.07, a price-to-earnings-growth ratio of 1.40 and a beta of 0.25. The stock's 50-day moving average is $45.73 and its two-hundred day moving average is $47.38. Verizon Communications Inc. has a 1-year low of $38.39 and a 1-year high of $51.68.
Verizon Communications (NYSE:VZ - Get Free Report) last released its earnings results on Friday, July 24th. The cell phone carrier reported $1.30 earnings per share for the quarter, topping analysts' consensus estimates of $1.27 by $0.03. Verizon Communications had a net margin of 11.64% and a return on equity of 19.48%. The firm had revenue of $34.25 billion for the quarter, compared to analyst estimates of $35.16 billion. During the same period in the prior year, the firm earned $1.22 earnings per share. The business's quarterly revenue was down .7% compared to the same quarter last year. Verizon Communications has set its FY 2026 guidance at 4.990-5.040 EPS. Analysts forecast that Verizon Communications Inc. will post 5.03 EPS for the current fiscal year.
Verizon Communications Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Monday, August 3rd. Stockholders of record on Friday, July 10th were given a dividend of $0.7075 per share. This represents a $2.83 annualized dividend and a dividend yield of 5.6%. The ex-dividend date of this dividend was Friday, July 10th. Verizon Communications's dividend payout ratio is currently 73.70%.
Institutional Trading of Verizon Communications
A number of hedge funds have recently added to or reduced their stakes in VZ. California State Teachers Retirement System increased its holdings in shares of Verizon Communications by 4,016.0% in the second quarter. California State Teachers Retirement System now owns 271,369,762 shares of the cell phone carrier's stock valued at $11,489,796,000 after purchasing an additional 264,776,704 shares during the period. State Street Corp grew its position in Verizon Communications by 3.5% in the 4th quarter. State Street Corp now owns 222,951,399 shares of the cell phone carrier's stock valued at $9,080,810,000 after buying an additional 7,461,335 shares during the last quarter. Charles Schwab Investment Management Inc. increased its stake in Verizon Communications by 5.3% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 116,570,816 shares of the cell phone carrier's stock valued at $4,747,930,000 after buying an additional 5,851,715 shares during the period. Geode Capital Management LLC increased its stake in Verizon Communications by 0.9% in the 4th quarter. Geode Capital Management LLC now owns 102,632,509 shares of the cell phone carrier's stock valued at $4,168,080,000 after buying an additional 867,694 shares during the period. Finally, Bank of America Corp DE raised its position in Verizon Communications by 15.4% during the 1st quarter. Bank of America Corp DE now owns 62,101,021 shares of the cell phone carrier's stock worth $3,117,471,000 after buying an additional 8,289,877 shares during the last quarter. 62.06% of the stock is owned by institutional investors and hedge funds.
Analyst Ratings Changes
VZ has been the topic of several recent analyst reports. TD Cowen increased their price target on shares of Verizon Communications from $54.00 to $56.00 and gave the company a "buy" rating in a research note on Monday, July 27th. Morgan Stanley lifted their target price on Verizon Communications from $50.00 to $52.00 and gave the stock an "equal weight" rating in a research report on Monday, July 27th. Weiss Ratings reissued a "buy (b)" rating on shares of Verizon Communications in a research report on Friday, May 29th. Scotiabank lifted their price target on Verizon Communications from $51.50 to $52.50 and gave the stock a "sector outperform" rating in a research report on Monday, July 27th. Finally, Moffett Nathanson reduced their price target on shares of Verizon Communications from $56.00 to $49.00 and set a "neutral" rating for the company in a research report on Monday, July 20th. Nine research analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and an average target price of $50.84.
Read Our Latest Report on Verizon Communications
Verizon Communications Company Profile
(
Get Free Report)
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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