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

Verizon Communications (NYSE:VZ) issued an update on its FY 2025 earnings guidance on Friday morning. 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 1.0 %

VZ stock opened at $39.57 on Friday. The company has a current ratio of 0.66, a quick ratio of 0.62 and a debt-to-equity ratio of 1.32. The stock has a market cap of $166.58 billion, a P/E ratio of 17.06, a PEG ratio of 3.27 and a beta of 0.46. The company’s 50 day moving average is $40.93 and its two-hundred day moving average is $41.64. Verizon Communications has a twelve month low of $37.58 and a twelve month high of $45.36.

Verizon Communications (NYSE:VZ) last issued its earnings results 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 return on equity of 20.05% and a net margin of 7.30%. During the same period in the previous year, the business earned $1.08 earnings per share. Research analysts expect that Verizon Communications will post 4.59 earnings per share for the current fiscal year.

Verizon Communications Cuts Dividend

The business also recently disclosed 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 dividend payout ratio (DPR) is presently 116.81%.

Analyst Ratings Changes

A number of brokerages recently issued reports on VZ. TD Cowen upgraded shares of Verizon Communications to a “strong-buy” rating in a report on Wednesday, January 15th. Sanford C. Bernstein assumed coverage on Verizon Communications in a report on Tuesday, December 10th. They issued a “market perform” rating and a $48.00 price target for the company. UBS Group lifted their price target on Verizon Communications from $44.00 to $45.00 and gave the stock a “neutral” rating in a report on Friday, December 20th. Tigress Financial boosted their price target on Verizon Communications from $52.00 to $55.00 and gave the company a “buy” rating in a research note on Tuesday, October 1st. Finally, StockNews.com downgraded Verizon Communications from a “strong-buy” rating to a “buy” rating in a research report on Monday, December 16th. Ten analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $46.54.

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).