Currently, there are 4.22B common shares owned by the public and among those 4.22B shares have been available to trade.
The company’s stock has a 5-day price change of 1.63% and 15.66% over the past three months. VZ shares are trading 9.35% year to date (YTD), with the 12-month market performance up to 7.92% higher. It has a 12-month low price of $37.58 and touched a high of $47.35 over the same period. VZ has an average intraday trading volume of 26.21 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -0.51%, 1.89%, and 4.31% respectively.
Institutional ownership of Verizon Communications Inc (NYSE: VZ) shares accounts for 65.36% of the company’s 4.22B shares outstanding.
It has a market capitalization of $184.54B and a beta (3y monthly) value of 0.39. The stock’s trailing 12-month PE ratio is 10.55, while the earnings-per-share (ttm) stands at $4.15. The company has a PEG of 3.02 and a Quick Ratio of 0.55 with the debt-to-equity ratio at 1.70. Price movements for the stock have been influenced by the stock’s volatility, which stands at 4.07% over the week and 2.48% over the month.
Analysts forecast that Verizon Communications Inc (VZ) will achieve an EPS of 1.15 for the current quarter, 1.19 for the next quarter and 4.83 for current fiscal year. The lowest estimate earnings-per-share for the quarter is 1.11 while analysts give the company a high EPS estimate of 1.11. Comparatively, EPS for the current quarter was 1.15 a year ago. Earnings per share for the fiscal year are expected to increase by 1.94%, and 3.70% over the next financial year. EPS should grow at an annualized rate of 3.49% over the next five years, compared to -2.29% over the past 5-year period.
Looking at the support for the VZ, a number of firms have released research notes about the stock. Evercore ISI stated their Outperform rating for the stock in a research note on April 11, 2025, with the firm’s price target at $48. DZ Bank was of a view on January 29, 2025 that the stock is Buy, while Bernstein gave the stock Mkt Perform rating on December 10, 2024, issuing a price target of $48. KeyBanc Capital Markets on their part issued Sector Weight rating on October 24, 2024.
