Key Points
- CEO Kyle Malady sold 1,100 Verizon shares for $47,223 at an average price of $42.93 under a pre-arranged Rule 10b5-1 plan. He retained 101,066 shares, so the sale reduced his ownership by 1.08%.
- Verizon reported quarterly EPS of $1.30, beating estimates, while revenue fell 0.7% year over year to $34.25 billion. The company declared a quarterly dividend of $0.7075 per share, representing a 6.4% annualized yield.
- Analysts hold a broadly cautious view, with a consensus “Hold” rating and an average price target of $50.80. Competition from Starlink, Verizon’s debt load and interest-rate pressures remain key risks despite its valuation and dividend appeal.
Verizon Communications Inc. (NYSE:VZ - Get Free Report) CEO Kyle Malady sold 1,100 shares of the stock in a transaction dated Tuesday, October 13th. The stock was sold at an average price of $42.93, for a total value of $47,223.00. Following the transaction, the chief executive officer owned 101,066 shares in the company, valued at $4,338,763.38. This trade represents a 1.08% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed 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, October 6th, Kyle Malady sold 1,100 shares of Verizon Communications stock. The stock was sold at an average price of $45.75, for a total value of $50,325.00.
- On Tuesday, September 29th, Kyle Malady sold 1,100 shares of Verizon Communications stock. The shares were sold at an average price of $46.40, for a total value of $51,040.00.
- On Tuesday, September 22nd, Kyle Malady sold 1,100 shares of Verizon Communications stock. The shares were sold at an average price of $47.65, for a total transaction of $52,415.00.
- On Tuesday, September 8th, Kyle Malady sold 1,100 shares of Verizon Communications stock. The shares were sold at an average price of $49.98, for a total transaction 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 transaction 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 transaction 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 transaction of $53,548.00.
Verizon Communications Price Performance
Verizon Communications stock opened at $44.41 on Thursday. Verizon Communications Inc. has a 1 year low of $38.39 and a 1 year high of $51.68. The firm has a 50 day moving average price of $47.98 and a 200 day moving average price of $46.89. The company has a market cap of $184.49 billion, a price-to-earnings ratio of 11.56, a PEG ratio of 1.48 and a beta of 0.26. The company has a debt-to-equity ratio of 1.36, a quick ratio of 0.57 and a current ratio of 0.60.
Verizon Communications (NYSE:VZ - Get Free Report) last issued its quarterly earnings results on Friday, July 24th. The cell phone carrier reported $1.30 EPS for the quarter, topping the consensus estimate of $1.27 by $0.03. The firm had revenue of $34.25 billion during 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%. Verizon Communications's revenue for the quarter was down .7% compared to the same quarter last year. During the same quarter in the prior year, the business 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 5.04 earnings per share for the current 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 paid 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 dividend yield of 6.4%. Verizon Communications's payout ratio is currently 73.70%.
Analyst Ratings Changes
VZ has been the subject of a number of research analyst reports. Royal Bank Of Canada upped their price objective on Verizon Communications from $46.00 to $47.00 and gave the stock a "sector perform" rating in a report on Monday, July 27th. TD Cowen lifted their target price on Verizon Communications from $54.00 to $56.00 and gave the company a "buy" rating in a report on Monday, July 27th. Scotiabank lowered their price target on Verizon Communications from $51.50 to $50.00 and set a "sector outperform" rating for the company in a research report on Friday, October 9th. Morgan Stanley upped their price target 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. Finally, Weiss Ratings restated a "buy (b)" rating on shares of Verizon Communications in a research note on Wednesday, August 26th. Eight investment analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Hold" and an average target price of $50.80.
View Our Latest Analysis on VZ
Verizon Communications News Summary
Here are the key news stories impacting Verizon Communications this week:
- Positive Sentiment: Verizon is promoting complimentary safety and family features, including Digital Secure, Verizon Family with Safe Walk and Call Filter, along with six months of Google AI Pro for eligible customers. The benefits could support customer retention and improve the value proposition of its wireless plans. Verizon delivers extra value with free safety, family and AI perks
- Positive Sentiment: A new reseller agreement with SKYBOXE gives Verizon Business another channel for selling 5G fixed-wireless internet to small businesses and remote operations, potentially broadening its enterprise broadband reach. Verizon adds a reseller for business 5G fixed wireless
- Positive Sentiment: Income-focused commentary highlighted Verizon’s roughly 6%–6.5% dividend yield, low forward valuation, wireless stability, broadband growth and cash-generation potential. Dividend payments contributed materially to shareholder returns over the past year, supporting the stock’s appeal to value and income investors. Verizon’s low forward P/E and dividend yield
- Neutral Sentiment: Bernstein maintained a Hold rating, indicating limited near-term conviction despite Verizon’s valuation and dividend support. Bernstein keeps its Hold rating on Verizon
- Negative Sentiment: Analysts have cut price targets across telecom stocks amid expectations that SpaceX’s Starlink mobile push could intensify wireless competition. Verizon may also face seasonal pricing pressure in the fourth quarter. SpaceX Starlink mobile push prompts Bernstein to cut price targets
- Negative Sentiment: Commentary continues to flag Verizon’s heavy debt load as a risk to the sustainability of its high dividend and to the stock’s upside if interest rates remain elevated.
- Neutral Sentiment: CEO Kyle Malady sold 1,100 shares under a pre-arranged Rule 10b5-1 plan. The transaction was small relative to his remaining holdings and appears unlikely to signal a change in business outlook.
Institutional Investors Weigh In On Verizon Communications
Several large investors have recently made changes to their positions in the business. Cliftonlarsonallen Wealth Advisors LLC grew its stake in shares of Verizon Communications by 1.1% in the third quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 35,806 shares of the cell phone carrier's stock valued at $1,642,000 after buying an additional 380 shares in the last quarter. Fortitude Family Office LLC raised its holdings in shares of Verizon Communications by 26.2% during the 3rd quarter. Fortitude Family Office LLC now owns 4,414 shares of the cell phone carrier's stock valued at $202,000 after buying an additional 917 shares during the period. Meridian Investment Counsel Inc. raised its holdings in shares of Verizon Communications by 24.2% during the 3rd quarter. Meridian Investment Counsel Inc. now owns 66,395 shares of the cell phone carrier's stock valued at $3,046,000 after buying an additional 12,941 shares during the period. Perpetual Ltd raised its holdings in shares of Verizon Communications by 5.3% during the 3rd quarter. Perpetual Ltd now owns 66,731 shares of the cell phone carrier's stock valued at $3,061,000 after buying an additional 3,362 shares during the period. Finally, Wealth Enhancement Trust Services Inc. lifted its position in Verizon Communications by 5.4% during the 3rd quarter. Wealth Enhancement Trust Services Inc. now owns 20,224 shares of the cell phone carrier's stock worth $928,000 after acquiring an additional 1,040 shares in the last quarter. Institutional investors and hedge funds own 62.06% of the company's stock.
Verizon Communications Company Profile
(
Get Free Report)
Verizon Communications Inc is a telecommunications company headquartered in New York City and listed on the New York Stock Exchange under the symbol VZ. The company was formed in 2000 through the merger of Bell Atlantic and GTE and has developed into one of the largest communications providers in the United States.
Verizon's consumer business provides wireless voice and data services, smartphones and other connected devices, home internet, broadband, and related communications products.
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