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 guidance of 4.590-4.730 for the period, compared to the consensus earnings per share estimate of 4.710. The company issued revenue guidance of -.

Verizon Communications Stock Up 0.9 %

Shares of VZ opened at $39.54 on Friday. The company has a market capitalization of $166.43 billion, a price-to-earnings ratio of 17.04, a PEG ratio of 3.27 and a beta of 0.46. Verizon Communications has a 52 week low of $37.58 and a 52 week high of $45.36. The stock’s 50-day moving average price is $40.85 and its 200-day moving average price is $41.61. The company has a quick ratio of 0.62, a current ratio of 0.66 and a debt-to-equity ratio of 1.32.

Verizon Communications (NYSE:VZ) last released its quarterly 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 net margin of 7.30% and a return on equity of 20.05%. During the same quarter last year, the business posted $1.08 EPS. On average, sell-side analysts predict that Verizon Communications will post 4.59 EPS for the current year.

Verizon Communications Cuts Dividend

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

Wall Street Analyst Weigh In

VZ has been the topic of several research reports. Tigress Financial raised their target price on Verizon Communications from $52.00 to $55.00 and gave the company a “buy” rating in a research report on Tuesday, October 1st. Deutsche Bank Aktiengesellschaft upped their target price on shares of Verizon Communications from $40.00 to $42.00 and gave the stock a “hold” rating in a report on Friday. Scotiabank raised their price target on shares of Verizon Communications from $46.50 to $47.25 and gave the stock a “sector perform” rating in a research note on Friday, October 18th. UBS Group upped their price objective on shares of Verizon Communications from $44.00 to $45.00 and gave the company a “neutral” rating in a research note on Friday, December 20th. Finally, TD Cowen raised shares of Verizon Communications to a “strong-buy” rating in a research note on Wednesday, January 15th. Eleven research analysts have rated the stock with a hold rating, seven have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $46.29.

About Verizon Communications

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).