Verizon Communications (NYSE:VZ) Updates FY 2025 Earnings Guidance

Verizon Communications (NYSE:VZ) updated its FY 2025 earnings guidance on Friday. The company provided earnings per share (EPS) guidance of 4.590-4.730 for the period, compared to the consensus estimate of 4.710. The company issued revenue guidance of -.

Verizon Communications Stock Performance

NYSE VZ opened at $39.57 on Friday. The company has a debt-to-equity ratio of 1.32, a current ratio of 0.66 and a quick ratio of 0.62. Verizon Communications has a 1-year low of $37.58 and a 1-year high of $45.36. The stock has a market capitalization of $166.58 billion, a PE ratio of 17.06, a P/E/G ratio of 3.27 and a beta of 0.46. The business has a 50 day simple moving average of $40.93 and a two-hundred day simple moving average of $41.64.

Verizon Communications (NYSE:VZ) last released its quarterly earnings data on Friday, January 24th. The cell phone carrier reported $1.10 earnings per share for the quarter, missing the consensus estimate of $1.11 by ($0.01). Verizon Communications had a net margin of 7.30% and a return on equity of 20.05%. During the same period in the prior year, the company earned $1.08 earnings per share. On average, research analysts predict that Verizon Communications will post 4.59 EPS for the current fiscal year.

Verizon Communications Cuts Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, February 3rd. Shareholders of record on Friday, January 10th will be issued a $0.6775 dividend. This represents a $2.71 annualized dividend and a yield of 6.85%. The ex-dividend date is Friday, January 10th. Verizon Communications’s payout ratio is currently 116.81%.

Analyst Ratings Changes

A number of research firms have recently issued reports on VZ. KeyCorp lowered shares of Verizon Communications from an “overweight” rating to a “sector weight” rating in a report on Thursday, October 24th. UBS Group upped their target price on shares of Verizon Communications from $44.00 to $45.00 and gave the stock a “neutral” rating in a research note on Friday, December 20th. TD Cowen raised Verizon Communications to a “strong-buy” rating in a research report on Wednesday, January 15th. Tigress Financial increased their target price on shares of Verizon Communications from $52.00 to $55.00 and gave the stock a “buy” rating in a research note on Tuesday, October 1st. Finally, StockNews.com downgraded shares of Verizon Communications from a “strong-buy” rating to a “buy” rating in a research report on Monday, December 16th. Ten investment analysts have rated the stock with a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $46.54.

Verizon Communications Company Profile

Verizon Communications Inc, through its subsidiaries, engages in the provision of communications, technology, information, and entertainment products and services to consumers, businesses, and governmental entities worldwide. It operates in two segments, Verizon Consumer Group (Consumer) and Verizon Business Group (Business).