Key Points
- CEO Kyle Malady sold 1,100 Verizon shares for $52,415 at an average price of $47.65 under a pre-arranged Rule 10b5-1 plan, reducing his holdings by approximately 1% to 104,366 shares.
- Verizon shares opened at $46.51, while analysts maintain a consensus “Hold” rating with an average price target of $50.97. The company recently exceeded quarterly EPS estimates but reported a 0.7% year-over-year revenue decline.
- Verizon declared a quarterly dividend of $0.7075, equivalent to $2.83 annually and a 6.1% yield; institutional investors own approximately 62.06% of the company.
Verizon Communications Inc. (NYSE:VZ - Get Free Report) CEO Kyle Malady sold 1,100 shares of Verizon Communications stock in a transaction dated Tuesday, September 22nd. The stock was sold at an average price of $47.65, for a total value of $52,415.00. Following the transaction, the chief executive officer owned 104,366 shares in the company, valued at approximately $4,973,039.90. This represents a 1.04% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at 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 8th, Kyle Malady sold 1,100 shares of Verizon Communications stock. The stock was sold at an average price of $49.98, for a total value of $54,978.00.
- On Tuesday, September 1st, Kyle Malady sold 1,100 shares of Verizon Communications stock. The stock was 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 stock was 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 shares were 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 $46.51 on Thursday. The stock has a 50 day simple moving average of $48.07 and a 200 day simple moving average of $47.43. Verizon Communications Inc. has a 52-week low of $38.39 and a 52-week high of $51.68. The company has a debt-to-equity ratio of 1.36, a quick ratio of 0.57 and a current ratio of 0.60. The firm has a market capitalization of $193.23 billion, a PE ratio of 12.11, a P/E/G ratio of 1.58 and a beta of 0.26.
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. The business had revenue of $34.25 billion for the quarter, compared to analyst estimates of $35.16 billion. Verizon Communications had a net margin of 11.64% and a return on equity of 19.48%. The firm's revenue for the quarter was down .7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.22 earnings per share. Verizon Communications has set its FY 2026 guidance at 4.990-5.040 EPS. Sell-side analysts predict that Verizon Communications Inc. will post 5.03 EPS for the current fiscal year.
Verizon Communications Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Monday, November 2nd. Stockholders of record on Friday, October 9th will be issued a $0.7075 dividend. The ex-dividend date is Friday, October 9th. This represents a $2.83 annualized dividend and a dividend yield of 6.1%. Verizon Communications's dividend payout ratio (DPR) is presently 73.70%.
Analyst Upgrades and Downgrades
Several brokerages recently commented on VZ. Scotiabank increased their price target on Verizon Communications from $51.50 to $52.50 and gave the company a "sector outperform" rating in a research report on Monday, July 27th. Royal Bank Of Canada boosted their price target on Verizon Communications from $46.00 to $47.00 and gave the stock a "sector perform" rating in a research report on Monday, July 27th. Morgan Stanley upped their price objective on Verizon Communications from $50.00 to $52.00 and gave the stock an "equal weight" rating in a research note on Monday, July 27th. Freedom Capital raised shares of Verizon Communications to a "hold" rating in a research note on Friday, June 12th. Finally, BNP Paribas Exane decreased their target price on shares of Verizon Communications from $46.00 to $44.00 and set a "neutral" rating for the company in a research note on Tuesday, July 14th. Eight investment analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the stock. Based on data from MarketBeat.com, Verizon Communications currently has a consensus rating of "Hold" and an average price target of $50.97.
Check Out Our Latest Stock Report on Verizon Communications
Institutional Trading of Verizon Communications
Several institutional investors and hedge funds have recently bought and sold shares of VZ. State Street Corp raised its stake 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 acquiring an additional 7,461,335 shares during the period. Geode Capital Management LLC raised its holdings 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 acquiring an additional 867,694 shares during the period. Bank of America Corp DE raised its holdings in Verizon Communications by 15.4% in the 1st quarter. Bank of America Corp DE now owns 62,101,021 shares of the cell phone carrier's stock valued at $3,117,471,000 after acquiring an additional 8,289,877 shares during the period. Norges Bank acquired a new stake in Verizon Communications during the fourth quarter worth approximately $2,357,158,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in shares of Verizon Communications by 14.1% in the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 41,173,226 shares of the cell phone carrier's stock valued at $1,743,274,000 after purchasing an additional 5,075,794 shares during the last quarter. Institutional investors own 62.06% of the company's stock.
More Verizon Communications News
Here are the key news stories impacting Verizon Communications this week:
- Positive Sentiment: Verizon announced a $70 million investment in a nationwide AI-skills program for job seekers, small businesses and educators. Partnerships with Goodwill, IBM, Google, Microsoft, Anthropic and OpenAI could strengthen Verizon’s brand and community relationships, although the near-term financial impact is likely modest. Verizon to invest $70 million in AI training effort
- Positive Sentiment: The company also committed a $1 million grant to Liberty Science Center to expand public access to AI-skilling technology. The initiative supports Verizon’s workforce-development strategy and may enhance its corporate reputation. Verizon donates $1 million to Liberty Science Center
- Neutral Sentiment: Analysts see Verizon as a leading bidder in the 2027 spectrum auction, where it could spend as much as $20 billion. Additional spectrum could support 5G and future 6G growth, but the outcome and financial return remain uncertain. Verizon Seen Leading 2027 Spectrum Auction
- Neutral Sentiment: CEO Kyle Malady sold 1,100 shares under a pre-arranged Rule 10b5-1 plan, reducing his direct holdings by about 1%. The planned nature and small size of the transaction make it a limited trading signal. Verizon executive stock sale filing
- Negative Sentiment: A contractor accidentally cut a Verizon fiber cable in New Jersey, disrupting a backup data feed used by air-traffic controllers and contributing to flight delays in the Northeast. The incident raises reliability and reputational concerns, though no material financial loss was reported. Verizon says contractor cut fiber cable amid Northeast flight disruptions
- Negative Sentiment: Verizon is seeking approval to discontinue a legacy landline service in nine states. The move could reduce costs over time, but regulatory scrutiny and customer disruption represent near-term risks. Verizon plans to discontinue a phone service
Verizon Communications Company Profile
(
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.
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