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

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

Wall Street Analyst Weigh In

VZ has been the subject of several research analyst reports. Deutsche Bank Aktiengesellschaft upped their price objective on shares of Verizon Communications from $40.00 to $42.00 and gave the company a “hold” rating in a research note on Friday. TD Cowen upgraded Verizon Communications to a “strong-buy” rating in a research note on Wednesday, January 15th. UBS Group boosted their price objective on Verizon Communications from $44.00 to $45.00 and gave the company a “neutral” rating in a research note on Friday, December 20th. Wolfe Research raised their target price on shares of Verizon Communications from $50.00 to $51.00 and gave the stock an “overweight” rating in a research report on Friday. Finally, Royal Bank of Canada cut their target price on shares of Verizon Communications from $46.00 to $42.00 in a report on Friday. Eleven investment analysts have rated the stock with a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $46.29.

Verizon Communications Stock Up 0.9 %

VZ opened at $39.54 on Friday. The business has a 50 day simple moving average of $40.85 and a 200-day simple moving average of $41.61. Verizon Communications has a 12 month low of $37.58 and a 12 month high of $45.36. The stock has a market capitalization of $166.43 billion, a P/E ratio of 17.04, a P/E/G ratio of 3.27 and a beta of 0.46. 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 (NYSE:VZ) last issued its earnings results on Friday, January 24th. The cell phone carrier reported $1.10 EPS for the quarter, missing the consensus estimate of $1.11 by ($0.01). Verizon Communications had a return on equity of 20.05% and a net margin of 7.30%. During the same quarter in the previous year, the business earned $1.08 EPS. On average, equities analysts anticipate that Verizon Communications will post 4.59 earnings per share for the current fiscal year.

Verizon Communications Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, February 3rd. Stockholders of record on Friday, January 10th will be given a dividend of $0.6775 per share. The ex-dividend date is Friday, January 10th. This represents a $2.71 dividend on an annualized basis and a dividend yield of 6.85%. Verizon Communications’s payout ratio is 116.81%.

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).