Key Points
- Verizon CEO Kyle Malady sold 1,100 shares for $54,978 under a pre-arranged Rule 10b5-1 trading plan, leaving him with 106,566 shares. He has also made three similar sales since August 18.
- Verizon reported quarterly EPS of $1.30, beating estimates of $1.27, while revenue fell 0.7% year over year to $34.25 billion. Analysts maintain a consensus “Hold” rating with a $50.97 price target.
- The company declared an unchanged quarterly dividend of $0.7075 per share, equivalent to a 5.7% annualized yield. Verizon also agreed to secure more than 80 million miles of Corning optical fiber through 2032 to support broadband expansion and AI-related data-center connections.
Verizon Communications Inc. (NYSE:VZ - Get Free Report) CEO Kyle Malady sold 1,100 shares of the company's stock in a transaction dated Tuesday, September 8th. The stock was sold at an average price of $49.98, for a total value of $54,978.00. Following the transaction, the chief executive officer directly owned 106,566 shares of the company's stock, valued at $5,326,168.68. This represents a 1.02% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available 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, September 1st, Kyle Malady sold 1,100 shares of Verizon Communications stock. The shares were sold at an average price of $50.50, for a total value of $55,550.00.
- On Tuesday, August 25th, Kyle Malady sold 1,100 shares of Verizon Communications stock. The shares were sold at an average price of $50.06, for a total value of $55,066.00.
- On Tuesday, August 18th, Kyle Malady sold 1,100 shares of Verizon Communications stock. The stock was sold at an average price of $48.68, for a total value of $53,548.00.
Verizon Communications Price Performance
Shares of VZ opened at $49.70 on Thursday. The company has a quick ratio of 0.57, a current ratio of 0.60 and a debt-to-equity ratio of 1.36. Verizon Communications Inc. has a twelve month low of $38.39 and a twelve month high of $51.68. The stock has a market capitalization of $206.48 billion, a P/E ratio of 12.94, a P/E/G ratio of 1.71 and a beta of 0.26. The company has a 50 day moving average of $46.76 and a 200-day moving average of $47.51.
Verizon Communications (NYSE:VZ - Get Free Report) last announced its quarterly earnings data on Friday, July 24th. The cell phone carrier reported $1.30 EPS 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 business had revenue of $34.25 billion for the quarter, compared to analyst estimates of $35.16 billion. During the same quarter in the previous year, the firm posted $1.22 earnings per share. The firm's revenue for the quarter was down .7% on a year-over-year basis. Verizon Communications has set its FY 2026 guidance at 4.990-5.040 EPS. As a group, equities research analysts forecast that Verizon Communications Inc. will post 5.03 EPS for the current fiscal year.
Verizon Communications Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Monday, November 2nd. Shareholders of record on Friday, October 9th will be given a dividend of $0.7075 per share. The ex-dividend date of this dividend is Friday, October 9th. This represents a $2.83 annualized dividend and a yield of 5.7%. Verizon Communications's payout ratio is 73.70%.
Wall Street Analyst Weigh In
VZ has been the topic of a number of recent research reports. Freedom Capital raised Verizon Communications to a "hold" rating in a research report on Friday, June 12th. Wells Fargo & Company increased their price target on Verizon Communications from $43.00 to $47.00 and gave the company an "equal weight" rating in a research report on Monday, July 27th. Scotiabank raised their price target on Verizon Communications from $51.50 to $52.50 and gave the company a "sector outperform" rating in a research note on Monday, July 27th. Weiss Ratings reaffirmed a "buy (b)" rating on shares of Verizon Communications in a research report on Wednesday, August 26th. Finally, TD Cowen upped their price objective on Verizon Communications from $54.00 to $56.00 and gave the stock a "buy" rating in a research note on Monday, July 27th. Eight analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the stock. According to data from MarketBeat, Verizon Communications currently has an average rating of "Hold" and a consensus target price of $50.97.
Check Out Our Latest Analysis on VZ
Key Stories Impacting Verizon Communications
Here are the key news stories impacting Verizon Communications this week:
- Positive Sentiment: Verizon agreed to secure more than 80 million miles of high-density optical fiber from Corning through 2032. The supply should support expansion toward 40 million–50 million broadband passings, strengthen fiber-and-wireless bundles, and provide capacity for AI-related data-center connections. Verizon signs optical fiber deal with Corning to expand broadband, support AI growth
- Positive Sentiment: CEO Dan Schulman said Verizon has seen “zero discernible impact” on broadband growth from low-Earth-orbit providers such as Starlink, easing concerns that satellite broadband will quickly erode Verizon’s fixed-line opportunity. Verizon Waves Off Starlink, Bets On Cities And Old Phone Buildings
- Neutral Sentiment: Verizon declared a quarterly dividend of $0.7075 per share, unchanged from the prior quarter. The payout reinforces its income appeal but provides no new dividend-growth catalyst. Verizon declares quarterly dividend on September 9, 2026
- Neutral Sentiment: CEO Kyle Malady sold 1,100 shares under a pre-arranged Rule 10b5-1 plan. The relatively small transaction reduces its signaling value, though insider selling can add modest investor caution.
- Negative Sentiment: The broader shift away from defensive plays is weighing on Verizon as investors favor higher-growth sectors. The stock’s proximity to its 52-week high may also encourage profit-taking, while the fiber agreement requires significant investment and is not expected to begin delivering volume until 2027. Shift Away from Defensive Plays Hits Verizon Communications
Institutional Trading of Verizon Communications
A number of hedge funds have recently modified their holdings of VZ. California State Teachers Retirement System grew its stake in Verizon Communications by 4,016.0% in the 2nd 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 buying an additional 264,776,704 shares during the last quarter. State Street Corp grew its position in shares of Verizon Communications by 3.5% in the fourth quarter. State Street Corp now owns 222,951,399 shares of the cell phone carrier's stock valued at $9,080,810,000 after purchasing an additional 7,461,335 shares during the last quarter. Charles Schwab Investment Management Inc. grew its position in shares of Verizon Communications by 5.3% in the fourth 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 purchasing an additional 5,851,715 shares during the last quarter. Geode Capital Management LLC increased its stake in shares of Verizon Communications by 0.9% during the fourth quarter. Geode Capital Management LLC now owns 102,632,509 shares of the cell phone carrier's stock worth $4,168,080,000 after purchasing an additional 867,694 shares during the period. Finally, Bank of America Corp DE lifted its holdings 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 purchasing an additional 8,289,877 shares during the last quarter. Institutional investors and hedge funds own 62.06% of the company's stock.
About Verizon Communications
(
Get Free Report)
Verizon Communications Inc is a telecommunications company that provides wireless communications, broadband, and related technology services. Its offerings include mobile voice and data plans, 5G connectivity, fixed wireless access, fiber-optic internet through Verizon Fios, home services, and connected-device solutions.
Through Verizon Business, the company serves enterprises, government agencies, and other organizations with communications networks, managed connectivity, cybersecurity, cloud and edge-computing services, unified communications, and Internet of Things solutions.
Featured Stories
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
